Shapoorji Pallonji and Company Private Limited

Instrument Category
Long Term Bank Facilities
as on Apr 01, 2025
Ratings
IVR BBB (Reaffirmed)
Outlook
Negative
Instrument Amount
Rs. 2256.67 Cr. (Reduced from Rs. 3217.50 Crore)
Instrument Category
Long Term/ Short Term Bank Facilities - Fund based (including proposed)
as on Apr 01, 2025
Ratings
IVR BBB/IVR A3+; (Reaffirmed)
Outlook
Negative/-
Instrument Amount
Rs. 2743.33 Cr. (Enhanced from Rs.1782.50 Crore)
Instrument Category
Long Term/ Short Term Bank Facilities - Non fund based (including proposed)
as on Apr 01, 2025
Ratings
IVR BBB/IVR A3+; (Reaffirmed)
Outlook
Negative/-
Instrument Amount
Rs. 15,000.00 Cr.

Rating Rationale