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CRISIL assigns rating to NCD issue of Parsvnath Developers’ subsidiary

09 Sep 2016 Evaluate

Credit rating agency, CRISIL has assigned the rating- BB (SO)/Stable for the Rs 200 crore Non-Convertible Debentures proposed to be issued by Parsvnath Landmark Developers, a subsidiary company of Parsvnath Developers.

Parsvnath Developers has diversified portfolio, which includes, integrated townships, group housing, commercial complexes, hotels, IT parks, among others.

Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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