MoneyWorks4Me

CARE assigns rating to banking facilities of Omaxe

10 Dec 2014 Evaluate

Credit rating agency, Credit Analysis and Research (CARE) has assigned rating of ’BBB (SO)’ for the proposed Secured, Redeemable, Non-Convertible Debentures (NCD) issue amounting to Rs 20.00 crore of Omaxe.

Omaxe has a land bank of about 4,400 acres in 30 cities across 9 states. The Delhi-based firm is executing 42 real estate projects that include 18 townships, 14 group housing and 10 commercial.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
View more..