I have a project which requires amount of Rs. 7 Cr. to start.
I am planning to incorporate a Pvt. Company.
Can you please let me know, how i can raise the capital of Rs. 6 Cr.?
My Planning is to Incorporate a Pvt. Company and by way of allotment and loan, want to raise capital. But I am confuse how to start the process, also don't know the exact the ratio.
In case you are incorporating pvt ltd company, then you can allot shares only to the promoters of the company. also you can obtain loan from shareholders, directors and not general public.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 July 2013
Dear Sir,
Thanks for the reply;
I have mentioned that I am going to raise the fund by way of allotment and loan; where i have planned to raise fund of rs. 2 cr. by way of incorporation of the company, allotting shares to the directors where in other side wanted to raise fund of Rs. 7 Cr. by way of loan only and for that I need suggestion. Should i go for bank loan or project loan? or any other mode, where i have to pay least interest.
CAclubindia
