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MoneyWorks4Me

ICRA assigns rating to bank facilities of Sobha

18 Jul 2015 Evaluate

Credit rating agency, ICRA has assigned a rating of ‘A’ with stable outlook for the proposed issue of Non-Convertible Debentures (NCDs) by Sobha aggregating to Rs 200 crore in various tranches.

Sobha Developers has presence in seven cities -- Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Mysore and Thrissur.


Peers
Company Name CMP
Lodha Developers 1159.40
Prestige EstatesProj 1621.40
Dilip Buildcon 393.00
DLF 741.20
Oberoi Realty 1717.20
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