Credit rating agency, CARE has reaffirmed ‘BBB-’ rating to Rainbow Papers’ long term bank facilities worth Rs 850 crore which was enhanced from Rs 31.54 crore and ‘A3’ rating to company’s Short term Bank Facilities worth Rs 150 crore which was enhanced from Rs 18.46 crore.
The company has received the said rating on the back of its experienced promoters, long standing presence in the paper industry, state of the art manufacturing facilities, diversified product mix, established raw material sourcing arrangement and dealer’s network along-with its presence in domestic and export markets
Rainbow Papers is one of the fastest growing corporations in the Indian paper industry. The company offers a plethora of world class products ranging from duplex to file board, from writing paper to art card and from packaging and electric grade crepe to decorative tissues crepe, have given them a good recognition amongst their users whose thirst for better and new products.
Company Name | CMP |
---|---|
JK Paper | 385.10 |
TN Newsprints | 246.20 |
West Coast Paper | 595.10 |
Emami Paper Mills | 110.00 |
Andhra Paper | 499.00 |
View more.. |