Instrument Type |
Date of Issuance |
Coupon Rate (%) |
Maturity Date |
Size of Issue (million) |
Rating/Outlook |
Rating Action |
Fund-based
limits* # |
- |
- |
- |
INR110 |
IND
BBB+/Stable/IND A2 |
Assigned |
* The
final rating has been assigned following the receipt of the sanction letter by
Ind-Ra
# Part
of the INR323.5 million fund-/non-fund based working capital limits which were
assigned provisional rating on 14 March 2019
For RRWL’s detailed rating
rationale, please click here.
KEY RATING DRIVERS
COMPANY PROFILE
RATING HISTORY
COMPLEXITY LEVEL OF INSTRUMENTS
For details on the complexity
level of the instruments, please visit https://www.indiaratings.co.in/complexity-indicators.
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Additional information is available at www.indiaratings.co.in. The ratings above were solicited by, or on behalf of, the issuer, and therefore, India Ratings has been compensated for the provision of the ratings.
Ratings are not a recommendation or suggestion, directly or indirectly, to you or any other person, to buy, sell, make or hold any investment, loan or security or to undertake any investment strategy with respect to any investment, loan or security or any issuer.
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About India Ratings and Research: India Ratings and Research (Ind-Ra) is India's most respected credit rating agency committed to providing India's credit markets accurate, timely and prospective credit opinions. Built on a foundation of independent thinking, rigorous analytics, and an open and balanced approach towards credit research, Ind-Ra has grown rapidly during the past decade, gaining significant market presence in India's fixed income market.
Ind-Ra currently maintains coverage of corporate issuers, financial institutions (including banks and insurance companies), finance and leasing companies, managed funds, urban local bodies and project finance companies.
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