1. Businesses
  2. Education
  3. Andhra Pradesh
  4. Nellore
  5. SL009913
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An Established Engineering College in Andhra Pradesh is looking to raise funds

Listing ID: SL009913
Posted By: Owner
Last Active: 1+ year ago
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About Business

Engineering, Technology, Training, Placements, Skill Development

Clientele type

Students, Multi National Software Companies, Infrastructure companies.

Premises

Society own land of 10 Acres and 2lakh sqft built up area

Asking Price Includes

Engineering College has 10.15 acres of land with the construction of two lakh square feet built-up infrastructure with highly equipped Computer Science, Mechanical, civil, Electronics machinery labs.
2: We are ready to offer a 50% stake for 20 crores investment without any interest.
3: We are ready to pay 6% interest for 15-20 crores fundraise or arranging private financial debt.

Reason

The Main reason for asking fund raise is to clear the union bank of India under collateral security of family members properties.

More Details

1:Engineering College is run by 10 board members with good educational background.
2:College has 2500 students in both engineering and polytechnic courses with a 90% admission success rate.
3: By getting NAAC and NBA accreditations college can enhance seats in various on-demand branches and also investing in skill development programs by partnering with the central government to generate good revenue with existing infrastructure available.
4: Improving the standards in education and providing better placement opportunities for students will promote college to join students who are paying higher amounts of donations in Tamil Nadu Engineering Colleges.

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Business Tags

Well-established

₹10 Cr to ₹200 Cr

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