MoneyWorks4Me

Brickwork upgrades ratings assigned to bank facilities of Nila Infrastructures

11 Dec 2015 Evaluate

Credit rating agency, Brickwork Ratings India has upgraded the Bank Loan Ratings of Nila Infrastructures for the Fund Based Limits amounting to Rs 70.52 crore to ‘BBB+’ with stable outlook and Non Fund Based Limits amounting to Rs 29.42 crore to ‘A2’.

Nila Infrastructures is a growing entity in the real estate and urban infrastructure space. The company has been engaged in turnkey civic infrastructure constructions, besides the development and marketing of residential real estate schemes.


Peers
Company Name CMP
Lodha Developers 1155.00
Prestige EstatesProj 1477.95
Dilip Buildcon 412.15
DLF 670.70
Oberoi Realty 1836.05
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