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Home Credit Perspective Reports M G Petrochem Private Limited
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Entity-Specific Rating Rationales

10 Nov 2025

M G Petrochem Private Limited: Ratings reaffirmed

M G Petrochem Private Limited: Ratings reaffirmed

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07 Oct 2024

M G Petrochem Private Limited: Ratings reaffirmed

M G Petrochem Private Limited: Ratings reaffirmed

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12 Jan 2024

M G Petrochem Private Limited: Ratings reaffirmed; Rated amount enhanced

M G Petrochem Private Limited: Ratings reaffirmed; Rated amount enhanced

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11 Aug 2023

M G Petrochem Private Limited: Ratings reaffirmed

M G Petrochem Private Limited: Ratings reaffirmed

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17 Jan 2023

M G Petrochem Private Limited: [ICRA]A(CE)(Stable) reaffirmed for term loan; [ICRA]A(CE) (Stable) withdrawn and [ICRA]BBB (Stable) assigned simultaneously

M G Petrochem Private Limited: [ICRA]A(CE)(Stable) reaffirmed for term loan; [ICRA]A(CE) (Stable) withdrawn and [ICRA]BBB (Stable) assigned simultaneously

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Entity-Specific Credit Perspective Reports

04 Dec 2025

M G Petrochem Private Limited

M G Petrochem Private Limited (Non-SF)

07 Nov 2024

M G Petrochem Private Limited

M G Petrochem Private Limited (Non-SF)

13 Sep 2023

M G Petrochem Private Limited

M G Petrochem Private Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Fund-based – Term loan-1 -- -- [ICRA]A(Stable)(CE) --
Fund-based – Term loan-2 -- -- [ICRA]BBB(Stable) --
Long-term – Non-fund based-others -- -- [ICRA]BBB(Stable) --
Non fund based- Bank Guarantee -- -- [ICRA]A(Stable)(CE) --
Fund-based – Cash credit-2 -- -- [ICRA]A(Stable)(CE) --
Fund-based – Cash credit-1 -- -- [ICRA]BBB(Stable) --

Our Analysts

Analyst 1

Akarsheet Agarwal

Analyst 2

Ritu Goswami

Sector Head

Ashish Modani
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