Credit rating agency, CARE has revised rating of Skipper’s long term bank facilities to ‘A+’ from ‘A-‘. The rating agency has also revised rating of company’s short term bank facilities to ‘A1’ from ‘A2’.
Skipper is engaged in structural fabrication and manufacturing of mild steel and galvanized iron pipes, steel tubular poles, scaffolding and accessories and PVC pipes. Structural fabrication is the major contributor to the revenue of the company.