CARE revises ratings of Simplex Projects’ Bank Facilities

21 Nov 2013 Evaluate

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.

Simplex Projects Share Price

10.45 0.00 (0.00%)
13-Dec-2021 18:01 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 238.00
NBCC (India) 42.35
JMC Projects (India) 125.55
Prestige EstatesProj 489.40
DLF 414.10
View more..