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What is the debt to equity ratio and how are you meeting the initial fund requirement?

April 26, 2017debt equity fund india television indian television indiantelevision.com initial meeting ratio requirement

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What is the debt to equity ratio and how are you meeting the initial fund requirement?

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The ratio will be firmed up once we know the price WWIL quotes after getting listed in the exchange. That in a way will determine how much debt component we would require to raise. Our initial fund requirement is Rs 5 billion. We have lined up a debt of Rs 2.15 billion. We have already got Rs 500 million from Infrastructure Development Finance Corporation (IDFC).