Announced Wed, 6 May · 11:33 IST

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New Credit FacilityCredit & Debt View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹52.89
prior close
₹52.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-1.3-1.3-5.0-0.3-6.9-2.6-5.0-8.5-5.5-4.3-5.5
Up moveDown movePending
AI summary

Crisil Ratings Limited has assigned credit ratings to Flomic Global Logistics Ltd's bank loan facilities totalling Rs. 45 crore. The long-term rating is BBB- with a Stable outlook, while the short-term rating is A3. The bank-wise breakdown shows a Bank Guarantee of Rs. 2 crore rated A3 and a Cash Credit facility of Rs. 43 crore rated BBB-/Stable with ICICI Bank. The rating was assigned on April 16, 2026, and the letter remains valid till March 31, 2027. Crisil notes the rating was BBB-/Stable/Crisil A3 during April 1-15, 2026, indicating no change in this period.

Likely market impact

The BBB-/Stable rating is a lower-medium investment grade, indicating adequate safety for debt repayment. The A3 short-term rating reflects moderate vulnerability to non-payment. Together, these suggest the company has acceptable creditworthiness for its banking relationships.