ICRA assigns rating to HSIL’s Rs 300 crore CP programme

01 Nov 2017

Credit rating agency, ICRA has assigned short term rating of ‘A1+’ to the Rs 300 crore Commercial Paper (CP) programme of HSIL. 

HSIL is one of the leading domestic players in container glass and building products segments. Under the second segment, the company manufactures and trades in sanitaryware products, faucets and wellness products. It has five manufacturing facilities in India, of which three are located in Andhra Pradesh, one in Rajasthan and one in Haryana.


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Company Name CMP
Kajaria Ceramics 936.50
HSIL 173.75
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Asian Granito India 191.00
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