CARE assigns ‘A’ ratings to IRB Infrastructure Developers’ Proposed Secured NCD

22 Jul 2013

Credit rating agency, CARE has assigned ‘A’ rating to IRB Infrastructure Developers’ Long-term-Proposed Secured Non Convertible Debenture worth Rs 100 crore.

The company has received the said rating on back of its experienced promoters in the Built, Operate and Transfer (BOT) road projects, in-house project execution capability resulting in healthy profitability margin, demonstrated financial flexibility and availability of liquid investment.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

Related IRB Infrastructure Developers Ltd. Links:

IRB Infra.&Developer Share Price

112.55 -1.30 (-1.14%) Jan 25, 18:59
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Company Name CMP
Larsen & Toubro 1361.45
Rail Vikas Nigam 28.75
KEC International 357.35
NCC 59.90
PNC Infratech 186.90
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SEBI Registered: Investment Adviser - INA000013323

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