Axel Polymers Limited

Instrument Category
Long Term Bank Facilities - Term Loan
as on Sep 17, 2024
Ratings
IVR BB- (Reaffirmed)
Outlook
Stable
Instrument Amount
Rs. 3.22 Cr.
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Bank lender Details
Instrument Category
Long Term Bank Facilities - Cash Credit
as on Sep 17, 2024
Ratings
IVR BB- (Reaffirmed)
Outlook
Stable
Instrument Amount
Rs. 24.50 Cr.
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Bank lender Details
Instrument Category
Short Term Facilities - Letter of credit
as on Sep 17, 2024
Ratings
IVR A4 (Reaffirmed)
Outlook
Nil
Instrument Amount
Rs. 7.50 Cr.
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Bank lender Details
Instrument Category
Short Term Facilities - Purchase Bill Discounting
as on Sep 17, 2024
Ratings
IVR A4 (Reaffirmed)
Outlook
Nil
Instrument Amount
Rs. 5.00 Cr.
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Bank lender Details
Instrument Category
Proposed
as on Sep 17, 2024
Ratings
IVR BB-/IVR A4; (Reaffirmed)
Outlook
Stable/-
Instrument Amount
Rs. 0.03 Cr.
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Bank lender Details

Rating Rationale

Past rating rationales