private foreign fund provider in Kolkata

Hello sir We had regarding  funding to various industry segments and that includes Real Estate on a competitive rate of interest. And the prime objective is to raise funds for projects through private funding for various interested clients.   Private funding - 1. One source - Project and Collateral based funding. Private funding (in Indian Rupees) – Rate of interest - 7% to 9% per annum. If the requirement is large viz., to the tune of Rs, 500 crores and above, the rate of interest can be lesser (discretion of the funder). The funding can be a mix of the funds available...will be discussed in person. Tenure – 10 years to 15 years (max.) Funds requirement to be more than 200 crores. 2. Second source - Project and Collateral based funding. Private funding (in Indian Rupees) – Rate of interest - 10% per annum.   Tenure – 10 years  Funds requirement to be between Rs. 25 crores to 200 crores. 3. Third source - Project and Collateral based funding. Private funding (in Indian Rupees) – Rate of interest - 6% to 8% per annum.   Tenure – 10 years  Funds requirement to be between Rs. 100 crores to 500 crores. 4. Fourth source - Funding against instrument from foreign investors - Rate of interest - 2% to 3% per annum. Only for stable companies having collateral and limits in the bank. Tenure - 20 years (max.) Funds requirement to be between Rs. 250 crores and above. 5. For funding from Banks and Institutions, the terms are as per the particular institution from which funding will be processed. 6. Funding through Instruments like FC BG/SBLC from AAA rated banks.(outside India). Primarily, the companies that is seeking funding, please note we need complete documentation and authorization from the company owner/MD.   We require initially one soft copy to begin with and thereafter three hard copies of the following documents -   Find below the list of documents required to assess the loan proposal at first instance soft copies initially and thereafter atleast two sets of hard copies : 1)  KYC of the Company and all the Director/s.(Pan Card of the Company and the Directors, Residence proof of the Directors, two photographs of the MD/Owner and all the Directors and MOA of the Company) 2)  All documents of the property, 7/12 extract/property card etc. 3)  Title search report for last 25 years. 4)  Valuation report of all the property being submitted as collateral. Valuation preferably done by bank officials based on Residual Method and not on the Market value. Legal report mandatory. 5)  Financial documents:       a) Audited balance sheet & Profit and loss A/c for last 3 years.      b) Income tax returns for last 3 years alongwith computation.      c) Bank statement of the company for last 2 years. 6). Individual IT Returns with Computation of the major shareholders of the company, all the Directors in the Board. 7). Details of any sort of loans availed by the company with statement of the same and the copy of the letter issued from the concerned institution/bank. 8)  Detailed Project Report (DPR). CMA Data 9)  Net worth of the Directors of the Company certified by CA on the letterhead of the CA. 10)  Shareholding pattern of the Company has to be clearly mentioned on the letterhead of the company certified by CA 11)  Cash Flow statement - projection for next five years or ten years - interest computation to be done @10% per annum.  12) Board Resolution authorizing the MD/Owner of the company to raise funds signed by the Company Secretary and all Directors on the letterhead of the company. 13) Credit information report from all financial institutional for all loans.  CIBIL report for all board members and associated company members.  14) Mandate letter issued to M/s. Paragon Media Pvt. Ltd., or its associate companies authorizing them to facilitate funding for the company that is seeking funding.(format will be sent later to the client only) 15) NCNDA on the letterhead of the company that is seeking funding to be signed by the company. (format will be sent later to the client only)    Once the proposal is accepted, further documents as required from time to time may need to be submitted.    Private funding – collateral, clean and free of all encumbrances is a must and funding can be upto 65% or more of the value. . Thumb rule - The collateral should be double the total value that the borrower is seeking funds for. Please note that all docs. and the above mentioned should be sent to us for each company that is seeking funding viz., the mandate letter and the NCNDA signed..   We will sign the Consulting agreement with the Client that is seeking funding once we give the options and the proposal is okayed by the Client AND the options that will be processed is also agreed by the Funding system/ Funders based on the docs..    To process the subject matter, we will sign a Consulting agreement with the Client on a Rs. 200/- stamp paper and will be duly notarized by an attorney. We will take a non-refundable cheque of Rs. 10 lacs + service tax as applicable (15%) for funding as assignment fee for funding anywhere between Rs. 200 to Rs. 250 crores. For large values above Rs. 500 crores, the assignment fee is Rs. 20 lacs + service charges as applicable(15%).For higher values, the assignment fee is higher. For funding through instruments, the terms are different which will be detailed-in after discussion with the Client. The Agreement will be done with the funder outside India and the costs - airfare to and fro and of the Consultant in addition to the assignment fee. Note -  1.This assignment fee is taken only after the Funder has given the initial nod to fund the project. Yes, if there is any discrepancy found after due diligence of the collateral, then the funding may not take place at all which will not be the responsibility of the consulting firm. 2. The collateral being given for mortgage should be clean and free of all encumbrances. Plus there should not be any physical holding of any third party. And, also dispute of any kind should not be there on the collateral that is being offered. The client will need to give an Indemnity Bond to that before we go in for due diligence. This is necessary as we do not want any complications to arise and unnecessary pointers that leads to no funding. 3. The mortgage will be registered mortgage and registration charges and the stamp duties as per the state charges will be borne by the Client. The exact process will be discussed in person with the decisionmaker only.           4. Each funding institution has its own terms and procedures which has to be agreed in principle by the client. There is no deviation in that. 5. No intermediary or mediators will be allowed to meet the Funder and their representative officers and nor they will be present in the one-to-one meeting with the decisionmaker/client. The client may need to travel outside Delhi to other states for the agreements between the Funder and the Client. 6. For Funding through instrument, The Client will need to visit two to three times outside India for the agreements to be drawn out and funneling the funds to the Client. Preference – for funding requirement of Rs. 500 crores and above.    The processing charge + service charges will be informed to the client after the project details has been submitted for review. *The processing charge/management fee and service charges is fixed.   NOTE - THE TOTAL CHARGES AND THE ASSIGNMENT FEE IS NON-NEGOTIABLE. We are also doing Foreign Funding for any sector where Government allows FDI. We also raise funds through various financial derivatives if you have tax paid surplus funds and these funds that are made available to you are non-returnable.   For all concerned, we follow strict procedures and we need to know the Client very well before we initiate. Please do bear with us as we are serious in our objectives and we do not move until the documentation is complete and the client is well versed with the procedure and the terms and conditions and acknowledges the terms and conditions in black and white.  If there is any clarification needed, you are welcome to revert back to us.   With warm regards   Sincerely yours   Samit Roy Managing Director PARAGON MEDIA PVT. LTD., INDIA Mobile - +91-9811273026 Skype - samitroy3 https://in.linkedin.com/in/samitroy07 Prosenjit Tarafdar Associate partner From West Bengal PARAGON MEDIA PVT.LTD., INDIA mobile- +91-9830815418 What's up - Same prosenjittarafdar68@gmail.com prosenjittarafdar@hotmail.com

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