MoneyWorks4Me

ICRA assigns rating to bank facilities of Wheels India

28 Oct 2015 Evaluate

Credit rating agency, ICRA has assigned the rating ‘A1’ for Commercial Paper Programme amounting to Rs 50 crore of Wheels India. Instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations and such instruments carry lowest credit risk.

Wheels India has grown as a leading manufacturer of steel wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment in India.



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Company Name CMP
SamvardhanaMotherson 163.25
Tube Investments 2586.00
Bosch 47709.50
UNO Minda 1224.95
Bombay Burmah Trdg. 1465.85
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