TI Medical Private Limited (Erstwhile Lotus Surgicals Private Limited)

Instrument Category
Long Term Bank Facilities - Term Loan
as on May 28, 2025
Ratings
IVR BBB (Assigned)
Outlook
Stable
Instrument Amount
Rs. 6.93 Cr.
Instrument Category
Long term Fund based Bank Facilities
as on May 28, 2025
Ratings
IVR BBB (Upgraded)
Outlook
Stable
Instrument Amount
Rs. 40.00 Cr.
Instrument Category
Short Term Non-Fund based Bank Facilities
as on May 28, 2025
Ratings
IVR A3+ (Upgraded)
Outlook
Nil
Instrument Amount
Rs. 8.00 Cr.

Rating Rationale