Means of Finance definition

Means of Finance. Means of finance is mainly confined to SFURTI Grant and Promoter’s equity. Promoters are willing to contribute on their own and are not taking any unsecured loans for the project. Thus the details of means of finance are given as below:Means of FinanceSl.No.ParticularsTotal Equity As per the guidelines 100% grant is considered for implementation of SI plan. For Hard interventions 75% grant is considered. Remaining 25% will be brought by IA through SPVs as their contribution. IA fee is coming to Rs. 20.00 lakhs which is within maximum cap of Rs. 20.00 lakhs. TA fees are calculated as 8% of SI+HI and are coming to Rs. 9.14 lakhs. Thus the total project cost is coming to 176.11 lakhs in which GoI grant is 143.44lakhs, which is with in maximum cap for Minor Cluster i.e. Rs. 150lakhs.
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Means of Finance. MEANS OF FINANCEPARTICULARS
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Means of Finance. MEANS OF FINANCE (in Lacs)PARTICULARSAMOUNTOwn Contribution
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Examples of Means of Finance in a sentence

  • Requirement of Funds and Means of Finance The fund requirements described below are based on internal management estimates and our Company’s current business plan and have not been appraised by any bank, financial institution.

  • Means of Finance The entire fund requirements are to be financed from the Net Issue Proceeds, and there is no requirement to make firm arrangements of finance under Regulation 4(2)(g) of the SEBI Regulations through verifiable means towards at least 75% of the stated means of finance, excluding the amounts to be raised through the Issue.

  • Means of Finance The funding requirements mentioned above are based on our Company’s internal management estimates and have not been appraised by any bank, financial institution or any other external agency.

  • Proposed Schedule of Implementation and Deployment of the Net Proceeds The Net Proceeds of the Issue (“Net Proceeds”) are currently expected to be deployed in accordance with the schedule as stated below:(₹ in lakhs)Sr.No. Requirement of Funds and Means of Finance The fund requirements mentioned above are based on the internal management estimates of our Company and have not been verified or appraised by any bank, financial institution or any other external agency.

  • Means of Finance We intend to entirely finance our objects from issue proceeds.

  • Means of Finance: The above-mentioned fund requirement will be met from the proceeds of the Issue.

  • Means of Finance In the event of a shortfall in raising the requisite capital from the Net Proceeds, towards meeting the objects of the Issue, the extent of the shortfall will be met by internal accruals or debt.

  • Requirement of Funds and Means of Finance The fund requirements described below are based on management estimates and our Company’s current business plan and have not been appraised by any bank or financial institution.

  • Issue Proceeds The details of the issue proceeds are summarized below: Utilization of Net Proceeds: We intend to utilize the proposed net proceeds in the manner set forth below:(Rs. In Lakhs)Sr. No. Means of Finance We propose to meet the requirement of funds for the stated objects of the Issue from the Issue/IPO Proceeds only.

  • Means of Finance We intend to finance our Objects of Issue through Net Issue Proceeds which is as follows: Particulars Since, the entire fund requirement are to be funded from the proceeds of the Issue, there is no requirement to make firm arrangements of finance under Regulation 230(1)(e) of the SEBI ICDR Regulations through verifiable means towards at least 75% of the stated means of finance, excluding the amounts to be raised through the proposed Issue.


More Definitions of Means of Finance

Means of Finance. Means of Finance Break up of Means of FinanceDebt Equity
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Means of Finance. Means of Finance Debt177.9270%Equity76.2530%Total254.16100%
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Means of Finance. Means of FinanceAmount (Rs in lakhs)1Contribution of Host Institution 2State Government grant Total
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Means of Finance. Means of Finance Means of FinanceDebtEquity
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Means of Finance. Means of finance Rs. in lacs Debt88.2270%Equity37.8130%Total126.03100% Means of FinanceEquityDebt
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Means of Finance. Means of finance is mainly confined to SFURTI Grant and Promoter‟s equity. Promoters are willing to contribute on their own and are not taking any unsecured loans for the project. Thus the details of means of finance are given as below: Aggregate Means of FinanceSl.No.ParticularsTotal Equity AEquity from SPV501.94BShare premium0.00CPreference Share Capital0.00 Debt0.00DTerm loans (0%)0.00EUnsecured loans and deposits0.00 Quasi Equity0.00EInterest free unsecured loans0.00FSubsidy : central govt.740.85GSubsidy : state govt.0 Total1242.79 As per the guidelines 100% grant is considered for implementation of SI plan. For Hard interventions 57% grant is considered. Remaining 43% will be brought by IA through SPVs as their contribution. IA fee is coming to Rs. 20.00 lakhs which is within maximum cap of Rs. 20.00 lakhs. TA fees are calculated as 8% of SI+HI and are coming to Rs. 53.40 lakhs. Thus the total project cost is coming to 1242.79 lakhs in which GoI grant is 740.85 lakhs, which is with in maximum cap for Heritage Cluster i.e. Rs. 800 lakhs.
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Related to Means of Finance

  • Minister of Finance means the Minister of Finance or such other person who may be designated from time to time under the Executive Council Act;

  • Director of Finance means the Chief Financial Officer of the Trust.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Finance Corp. means the Person named as “Finance Corp.” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable terms of this Indenture, and thereafter “Finance Corp.” shall mean such successor Person.

  • Finance means the Division of Finance.

  • Ministry of Finance means the Recipient’s Ministry of Finance, or any successor thereto.

  • Provider of financial assurance means an entity that provides financial assurance to an Owner or Operator of an underground storage tank through one of the mechanisms listed in these Regulations, including a guarantor, insurer, risk retention group, surety, issuer of a letter of credit, issuer of a state required mechanism, or a state.

  • Finance Department means the Finance Department of the Government of Assam;

  • International Borrower In connection with any Mortgage Loan, a borrower who is (a) a United States citizen employed in a foreign country, (b) a non-permanent resident alien employed in the United States or (c) a citizen of a country other than the United States with income derived from sources outside the United States.

  • HKEx means the Hong Kong Exchanges and Clearing Limited.

  • Finance Co means the Person named as such in the preamble of this Indenture under and until a successor replaces it pursuant to the applicable provision of this Indenture and thereafter means such successor.

  • FINA means the Federation Internationale de Natation, the international governing body for the sport of swimming.

  • HKFRS Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • CPS means Consumer Portfolio Services, Inc., a California corporation and its successors.

  • LCME means Liaison Committee on Medical Education, an organization that accredits educational institutions granting degrees in medicine and surgery. The board approves programs that are accredited by LCME.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Finance commission means the Finance Commission of Texas.

  • Chase means JPMorgan Chase Bank, N.A., a national banking association, in its individual capacity, and its successors.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Crossbow means any device using a bow which, once drawn, is held solely by means other than the effort of the person firing it.

  • Energy recovery means energy recovery from waste that is conversion of waste material into usable heat, electricity or fuel through a variety of processes including combustion, gasification, pyrolisation, anaerobic digestion and landfill gas recovery ;

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.