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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 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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