AFG Combustion Private Limited (formerly Airoil Flaragas Private Limited)

Instrument Category
Long Term Bank Facilities - Cash Credit
as on Feb 25, 2025
Ratings
IVR BBB- (Upgraded)
Outlook
Stable
Instrument Amount
Rs. 45.00 Cr. (Enhanced from Rs.25 crore)
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Bank lender Details
Instrument Category
Long Term Bank Facilities - GECL
as on Feb 25, 2025
Ratings
Withdrawn
Outlook
Nil
Instrument Amount
Rs. 0.00 (Reduced from Rs. 2.50 crore)
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Bank lender Details
Instrument Category
Short Term Bank Facilities - Letter of Credit
as on Feb 25, 2025
Ratings
IVR A3 (Upgraded)
Outlook
Nil
Instrument Amount
Rs. 20.00 Cr. Enhanced from Rs.11.00 crore)
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Bank lender Details
Instrument Category
Short Term Bank Facilities - Bank Guarantee
as on Feb 25, 2025
Ratings
IVR A3 (Upgraded)
Outlook
Nil
Instrument Amount
Rs. 110.00 Cr. (Enhanced from Rs.64.50 crore)
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Bank lender Details

Rating Rationale

Past rating rationales