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PRODUCTS OFFERED EQUITY TERM LOAN MEDIUM TERM LOAN SHORT TERM LOAN BILL DISCOUNTING

Andhra Pradesh Industrial Development Corporation Ltd. Enriching Society through sustained industrial growth. PRODUCTS OFFERED EQUITY TERM LOAN MEDIUM TERM LOAN SHORT TERM LOAN BILL DISCOUNTING ESCORT SERVICES. NORMS FOR PROJECT FINANCE (EQUITY) For Listed and Un-listed Companies

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PRODUCTS OFFERED EQUITY TERM LOAN MEDIUM TERM LOAN SHORT TERM LOAN BILL DISCOUNTING

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  1. Andhra Pradesh Industrial Development Corporation Ltd Enriching Society through sustained industrial growth • PRODUCTS OFFERED • EQUITY • TERM LOAN • MEDIUM TERM LOAN • SHORT TERM LOAN • BILL DISCOUNTING • ESCORT SERVICES

  2. NORMS FOR PROJECT FINANCE (EQUITY) For Listed and Un-listed Companies Eligibility Project Cost Rs. 500 lakhs minimum EPS Rs. 3.00 DSCR 1.5 : 1 IRR > 20 % Quantum * 11% or Rs. 100 lacs for Listed Company * 11% or Rs.25 lacs for Un-listed Company * (which ever is less) Book Value Rs. 15/- (Rs. 10/- face value) Proposed Dividend 15 – 18% from 3rd year onwards

  3. LENDING NORMS FOR PROJECT FINANCE (LONG TERM LOANS) Existing profit track record / New Companies / 1st Generation Entrepreneurs Eligibility Not more than - 75% of tangible assets for Profit Co. 65% of tangible assets for New Co. Rate of Interest 11.5% Net. DER 1.5 : 1 (Maximum) Project Cost Rs. 100 lakhs minimum Quantum of Loan Min Rs. 20 lakhs – up to Rs. 500 lakhs Prime Security Fixed Assets of the Company Collateral Security 25 to 50% depending upon the risk perception. Repayment Period 8 years with 1 year moratorium

  4. WORKING CAPITAL LOANS • SHORT TERM CORPORATE LOANS • MEDIUM TERM LOANS • BILL DISCOUNTING

  5. SHORT TERM & MEDIUM TERM LOANS ELIGIBILITY: Shall have registered office in A.P., with an existence for a minimum period of 5 years out of which profit making shall be for a minimum period of 3 years. RATE OF INTEREST: 11.50% p.a. net with quarterly rests. QUANTUM OF LOAN: Short Term Loan – Min. Rs. 20 lakhs - Max. Rs.50 lakhs Medium Term Loan Min. Rs. 50 lakhs - Max. Rs.200 lakhs. COLLATERAL SECURITY: 125% by way of urban immovable property and personal guarantee of the Promoters. REPAYMENT PERIOD: Norm Short Term Loan Medium Term Loan Repayment 18 / 12 months 36 / 24 months Moratorium 3 / 1 months 6 / 3 months Mode of Payment Post dated cheques Post dated cheques

  6. BILL DISCOUNTING LOANS FOR ACQUIRING PRE-EXISTING PRODUCTIVE ASSETS / EQUIPMENT Rate of Interest 11.50% Collateral Security 125%

  7. HOW TO ACCESS SERVICES

  8. TIME FRAME FOR DELIVERY OF SERVICES Equity & Term Loan .. 45 days Medium & Short Term Loan .. 3 0 days Bill Discounting .. 15 days In principle sanction under Single Window Scheme within 21 days from the date of receipt of application For further details contact Vice Chairman & Managing Director, A.P.Industrial Development Corpn Ltd., 1st Floor, Parisrama Bhavanam, Hyderabad-500 004 Andhra Pradesh Phone: 23235253 – 6 Fax: 040-23235516 Email : apidc@ap.gov.in website www.apidc.org

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