Globe Civil Projects Limited — Credit Ratings, 30-10-2025: Credit Rating- Revision

Infomerics Ratings reaffirmed Globe Civil Projects' Long Term Bank Facilities at IVR BBB, upgrading the outlook to Positive from Stable. Short Term Bank Facilities were reaffirmed at IVR A3+. This positive outlook reflects a stronger capital structure after its ₹119 Cr IPO and anticipated debt reduction from ~₹155 Cr to ~₹120 Cr, enhancing debt protection metrics.