Jassar Foundation ₹302 Cr Bank Ratings Reaffirmed by Informerics

New Delhi, April 13, 2026: Jassar Dental Medical Education Health Foundation (JDMEHF), the parent body of the DJ Group of Institutions in Modinagar, Ghaziabad, announced that Infomerics Valuation and Rating Pvt. Ltd., a SEBI-registered credit rating agency, has reaffirmed its ratings on the foundation’s bank facilities aggregating ₹302.18 crore.

According to Informerics, the foundation’s long-term bank facilities of ₹247.18 crore have been rated IVR BBB/Stable (IVR Triple B with Stable Outlook), enhanced from ₹40.80 crore. Its short-term bank facilities of ₹55 crore have been rated IVR A3+ (IVR A Three Plus) and enhanced from ₹24 crore.

Commenting on the rating action, Rhitik Jassar, Chairman, DJ Group of Institutions and Jassar Dental Medical Education Health Foundation, said, “The rating assigned by Informerics reflects the strong institutional foundation we have built in delivering quality healthcare services while advancing dental and medical education. It reinforces our commitment to operational excellence, financial discipline, and long-term growth as we continue to invest in healthcare infrastructure, education, and community healthcare initiatives.”

The assessment considered the institution’s operational and financial performance for FY2025 (audited) and unaudited results for the first ten months of FY2026, along with other recent developments influencing its financial and operational profile.

The development comes as the institution continues to strengthen its healthcare and education ecosystem under the leadership of Rhitik Jassar. The group is currently advancing its flagship DJ Medicity project, an integrated healthcare and medical education campus in the Delhi NCR region aimed at expanding clinical care capacity, medical training, and research infrastructure. 

The foundation also maintains established banking relationships with leading financial institutions such as Bank of Baroda and HDFC Bank, enabling access to funding at competitive rates, in the range of approximately 7.5%, broadly in line with those available to established corporates.

The rating outcome reflects the foundation’s prudent financial management, stable operational performance, and institutional governance, supporting its continued expansion in healthcare services and medical education.

About Jassar Dental Medical Education Health Foundation

Jassar Dental Medical Education Health Foundation (JDMEHF) is a registered charitable society dedicated to advancing healthcare education and medical services in India. The foundation operates the DJ Group of Institutions in Modinagar, Ghaziabad, which includes institutions offering programs in dental sciences, ayurveda, pharmacy, nursing, and paramedical education. Founded by Ajit Singh Jassar, the group has built a legacy of academic and clinical excellence over more than two decades and is expanding its integrated healthcare and education ecosystem through the development of DJ Medicity, a large healthcare and medical education campus in the Delhi NCR region.

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