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1. KNOWLEDGE TRUST
A brief profile
TRUST & TRUSTEES:
Knowledge Trust, a public charitable Trust was registered on 22nd
May, 2006. The amended version of the Trust
Deed was registered on 31st
October, 2006. The registered office of the Trust is situated at N-4/71, IRC Village,
Nayapalli, Bhubaneswar – 751 015. The Trust has been rewarded tax exemption under Section-12(A), Income Tax
Act.
At presentthere are 6 Trusteesinthe Trustandthe list of Trusteesareas follows:
Dr. P.K. MISHRA : He is Ph.D. in Nuclear Chemistry from Utkal University, Bhubaneswar with research experience from Bhava
Atomic Research Centre, Mumbai and Saha Institute of Nuclear Physics, Kolkata. He is a co-founder of Kalinga Institute of
Industrial TechnologyandKIIT University. He was the FoundingPro-ChancellorofKIIT University.
Dr. C.R .MISHRA : He has completed Doctorate in Commerce besides being a Gold medalist in his post graduation from Utkal
University, Bhubaneswar.Heis alsothe Founder PromoterofKIIT SocietyandChairmanofKIIT ScienceCollege.
Dr. P. TRIPATHY : He has done Ph.D. in Computer Engineering from Concordia University, Montreal, Canada. An NRI, after
working for more than 25yrs in MNCs like NORTEL, CISCO and NEC. He relocated to Orissa in 2010 and joined KnowledgeTrust
as a TrusteeandDirector.
Dr. S. BEHURA : He is B.Sc. Engineering (Electrical) andMS in Computer Science from Universityof Houston, having more than
14 years of work experience in process engineering and multi-database applications for SCADA based power generation and
distributioncontrols,EnergyFinancialsandMarketing.Heisbasedin Houston,USA.
Dr. A. SAMAL : He is a Fellow of American College of Cardiologyand recipient of Fellowship in Cardiologyfrom Ochsner Clinic
anda renownedprivate practitionerinCardiologyat Houston,Texas,the USA.
Dr. A. VERMA : He received his Ph.D. degree in Engineering from Universityof New Brunswick, Canada andMBAfrom University
of Toronto, Canada. He is the Chairman & CEO of BVM Group of Companies operating from Houston, USA. He is the President of
TiEHoustonanda memberofadvisory board,University of Houston.

2. INFRASTRUCTURE:
Land: Trust has established its institute (TITE, TIBS & MITC) over the plot of 10.008 Acs. Another adjacent land of 5.00
Acs. is also owned by the Trust. Both the land (15.008 Acs.) are owned by the Trust on long-term lease (up to 26th
August, 2073), from IDCO, Odisha on outright paymentbasis.
Another stithiban private land of 5.00 Acs. At Kanjiama under Khurda Tahsil is also owned by Trust.
A. The market value of present land of 15 Acs. @ Rs.0.75 crores & 5.00 Acs. @ Rs.0.40 crores = Rs.13.25
crores.
Building: Trust has constructed buildings of 2.94 lakh sft. in the college campus and 70,000 Sq.ft. are under
construction as per detail below:
Completed:
 Academic – 2,12,000 sft.
 Hostel – 67,000 sft.
 Staff quarters – 15,000 sft.
B. The presentvalue ofthe above constructed area is 2,94,000 sft. @ Rs.1150 = Rs.36.81 crores.
Under Construction:
C. The total estimated value ofabove under construction area is 70,000 sft. @ Rs. 500 = Rs.3.50 crores
D. Expenditure towards periphery development, landscape development and compound wall is around Rs.3.00
crores.
Total estimated cost of the total constructed & under construction & others are (B+C+D) = Rs. 43.31 crores.
Lab Equipments, Computers, and Furniture & Vehicles: College is having sufficient quantity of lab equipments,
computers & furnitures for accommodating the present student strength of 1000. Besides 7 buses and 4 cars are also
owned by the Trust.
E. The present depreciated value of these assets is around Rs.5.00 crores.
NB: The present value of fixed assets of Trust (A+B+C+D+E) is Rs.61.56 crores including land &
building butthe marketvalue may be Rs.70.00crores.
ACADEMICS & REVENUES:

3. ACADEMICS:
The Trust is running 3 institutions as detailed below:
i) TempleCity Institute of Technology & Engineering (TITE), a degree engineering college is in operation from
the academic year 2007-08. The institute is approved by AICTE, New Delhi & is affiliated to BPUT, Orissa. The
1st batches of students have been passed out from the institute in July, 2011. The student strength of the
current academic year 2014-15 is 784
ii) TempleCity Institute of Basic Sciences (TIBS), a +2 science college under CHSE Board, Orissa was
functioning with low skeletal till the academic year 2010-11. It has become a full-fledged institute from the
current academic year 2011-12. The student strength of the current academic year 2014-15 is 171.
iii) Millennium Industrial Training Centre (MITC), an Institute is affiliated to National Council for Vocational
Training (NCVT) under Directorate General of Employment & Training (DGE&T), Ministry of Labour and
Employment, Govt. of India and Directorate of Technical Education and Training (DTE&T), Govt. of Odisha.
The aim of the Institute is to develop the technical manpower providing training in up-to-date technologies to
make them apt for industrial employment inside and outside Odisha & gainful self-employment. The student
strength of the first, current academic year 2014-15 is 103.
EXSITING STUDENT STRENGTH:
Name ofunit
TempleCity Institute of
Technology &
Engineering(TITE)
TempleCity Institute of
Basic Sciences (TIBS)
Millennium
Industrial
Training
Centre(MITC)
Remarks
Strength 784 out of 1680 171 out of 256 103 out of 120 1058 out of 2039
REVENUE:
(Last 4 years)
(Rs. in Crores)
Unit 2012-13(Actual) 2013-14(Actual) 2014-15(Actual) 2015-16(Actual)
TempleCity Institute of Technology &
Engineering(TITE)
10.58 8.77 7.16
TempleCity Institute of Basic Sciences
(TIBS)
1.41 1.66 1.24
Millennium Industrial Training
Centre(MITC)
0.28 0.32 0.34
Total: 12.27 10.75 8.74 8.20
LIABILITIES:

4. Sl. No. Particulars Rs. in Crores
1 Bank loan
15.90 Crores
2 Unsecured loan
42.20 Crores
3 Vendor payment
3.00 Crores
4 Statutory deposit
0.50 Crores
5 Recurring
1.15 Crores
Total:
62.75 Crores
Outstanding on Students
4.15 crores
NET LIABILITIES 58.60 Crores
FIVE YEAR PROJECTION (Student Strength & Revenue Generation)

5. TempleCity Institute of Technology & Engineering(TITE) REMARKS
YEAR 2016-17 2017-18 2018-19 2019-20 2020-21
STUDENT
STRENGTH
800 820 1000 1300 1600
REVENUE
9.00 Cr 11.00 Cr 14.00 Cr 17.00 Cr 20.00 Cr
TempleCity Institute ofBasic Sciences (TIBS)
STUDENT
STRENGTH
200 384 512 512 512
REVENUE 2.0 Cr 4.60 Cr 6.20 Cr 6.20 CR
6.50 Cr
Millennium IndustrialTraining Centre(MITC)
STUDENT
STRENGTH
120 180 240 300 300
REVENUE .30 Cr. .54 Cr. .72 Cr. .90 Cr. .90 Cr.
PUBLIC SCHOOL (NEW UNIT)
STUDENT
STRENGTH
0 300 600 900 1200
REVENUE 0 0.45 Cr. 2.0 Cr 3.0 Cr.
4.5 Cr
TOTAL
STUDENT
STRENGTH
1270 1684 2352 3012 3612
TOTAL
REVENUE
11.3 Cr. 16.59 Cr. 22.92 Cr. 27.1 Cr. 31.9 Cr.
FINANCIAL STATEMENT FOR THE YEAR OF 2016-17, 2017-18, 2018-19, 2019-20 & 2020-21
YEAR 2016-17 2017-18 2018-19 2019-20 2020-21 Remarks
REVENUE
COLLECTION
FROM
STUDENT FEES,
CORPORATE
CERTIFICATION
& CORPORATE
TRAININGS*
11.30 16.59 22.92 27.10 31.90
RECURRING
EXPENDITURE
9.76 11.57 15.84 19.275 23.325
BALANCE 1.54 5.02 7.08 7.825 8.575
*REVENUE SOURCE: FEES FROM STUDENTS + CORPORATE CERTIFICATION + CORPORATE TRAININGS + PROMETRIC
EXAMINATION CENTRE.
Investment Options:

6.  Option 1: 50% ownership of the assets by paying 30 Crores. An upfront payment of 20 Cr and the
remaining 10 Cr in two equal yearly installments. The investor has the option to take over the
operational management of the institutes.
 Option 2: Outright purchase at 55 Crores. An upfront payment of 30 Cr and the rest 25 Cr in 5 equal
yearly installments.