V-Marc India Limited

Instrument Category
Long Term Bank Facilities
as on Jul 17, 2025
Ratings
IVR BBB+ (Reaffirmed)
Outlook
Stable
Instrument Amount
Rs. 271.75 Cr (enhanced from Rs.163.07 crore)
Instrument Category
Short Term Bank Facilities
as on Jul 17, 2025
Ratings
IVR A2 (Reaffirmed)
Outlook
Nil
Instrument Amount
Rs. 192.00 Cr. (enhanced from Rs.68.00 crore)

Rating Rationale