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CARE revises ratings of Simplex Projects’ Bank Facilities

21 Nov 2013

Credit rating agency, Credit Analysis & Research (CARE) has revised ‘BB+’ rating to Simplex Projects’ long term bank facilities of worth Rs 2,055 crore which was reduced from worth Rs 2,105 crore from BBB+ 

The rating agency has also revised A4+ rating to company’s Short-term Bank Facilities of worth Rs 300 crore from A2 and BB+/A4+ to Long/Short-term Bank Facilities of worth Rs 220 crore which was reduced from worth Rs 170 crore from BBB+/A2

Simplex Projects (SPL) was incorporated in the year 1990 as a public  company. The registered office of the company at Calcutta controls project sites all over India. In a decade of its working SPL has emerged as a renowned civil engineering and construction company. The company has procured a fleet of costruction equipment over this period.

Related Simplex Projects Ltd. Links:

Simplex Projects Share Price

10.99 0.00 (0.00%) Dec 06, 18:01
1 Year Price Chart
Peers
Company Name CMP
Dilip Buildcon 560.70
NBCC (India) 43.10
Prestige EstatesProj 441.45
DLF 391.35
JMC Projects (India) 95.00
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SEBI Registered: Investment Adviser - INA000013323

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