Leesa Lifesciences is promoted to manufacture pharmaceutical formulations for oral solid dosages. The unit is located in an industrial estate promoted by the Government of Telangana near Hyderabad, closure to International Airport. The unit is constructed in 5 acre land purchased in the name of the company. The construction area is about 1.40 lakh square feet. The unit is under implementation with about 70 to 80 percent complete. The unit is so designed to comply with the most of the regulatory norms of the Europe, US and Australia and WHO, Geneva. The total project is about INR 37cr. The State Bank of India, Industrial finance branch, Hyderabad has sanctioned a loan of Rs. 21 cr. and disbursed Rs. 13 cr. balance want not. Hence the project stalled.