Q. What are the benefits of a syndication arrangement?

IDLC, as the lead arranger, will take the responsibility, on a best efforts basis, to raise fund from various financial institutions. Therefore you will have to manage only one relationship (with the lead arranger) for your fund-raising. The benefits of syndication will be clear if you compare this with a scenario where a number of financial institutions conduct parallel due diligence, have different information requirements, separately negotiate the terms, enter into separate agreements, and have different repayment schedules.

Q. How long does it take to raise fund through syndication?

Typically 3 to 6 months (starting from due diligence to legal documentation). However, this time requirement can be shorter or longer depending on the complexity of the deal.

Q. Can banks participate in the syndications arranged by IDLC?

Yes. Our objective is to get the best terms for your loan, and we will select the prospective participants keeping this in mind.

Q. How are the finance terms (for example, interest rate) of a syndicated deal determined?

We propose the best terms for the client - keeping an eye on whether these terms would be acceptable to the market.

Q. What is the service fee for a fund-raising service?

The service fee depends on the amount of time and effort that will be required to complete the assignment. A portion of the service fee is payable upon signing of the mandate, and the rest is payable upon successful completion of the assignment. Our fees are competitive.

Q. Can you assist us in public offering of our shares?

IDLC has a highly capable and experienced Merchant Banking division, which can assist you in Initial Public Offering and other similar services.