Venus Pipes & Tubes Credit Rating Reaffirmed at IVR A/Stable and IVR A1
Venus Pipes & Tubes Limited has announced that it has received rating letters from INFOMERICS VALUATION AND RATING LTD. The company's long-term bank facility of ₹134.22 crore (reduced from ₹149.63 cro...
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Why is Venus Pipes & Tubes Limited in the news today?
Venus Pipes & Tubes Limited (VENUSPIPES) is in the news due to the announcement pertains to the reaffirmation of credit ratings, which is a routine disclosure for a company. while reaffirmation is generally positive, the absence of an upgrade or specific positive commentary warrants a neutral sentiment.
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Venus Pipes & Tubes Credit Rating Reaffirmed at IVR A/Stable and IVR A1
December 18, 2025, 01:48 PM
Venus Pipes & Tubes Limited has announced that it has received rating letters from INFOMERICS VALUATION AND RATING LTD. The company's long-term bank facility of ₹134.22 crore (reduced from ₹149.63 crore) has been reaffirmed with a rating of IVR A/Stable, maintaining its Stable Outlook. Similarly, the short-term bank facility of ₹22.00 crore has also been reaffirmed with a rating of IVR A1. The total outstanding facilities rated amount to ₹156.22 crore.
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