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Entity-Specific Rating Rationales

15 Apr 2026

FJM Cylinders Private Limited: Ratings upgraded and Assigned for enhanced amount

FJM Cylinders Private Limited: Ratings upgraded and Assigned for enhanced amount

24 Apr 2025

FJM Cylinders Private Limited: Ratings reaffirmed; rated amount enhanced

FJM Cylinders Private Limited: Ratings reaffirmed; rated amount enhanced

03 Apr 2025

FJM Cylinders Private Limited: Rating upgraded

FJM Cylinders Private Limited: Rating upgraded

15 Jan 2024

FJM Cylinders Private Limited: Ratings reaffirmed; outlook revised to Stable from Negative; rated amount enhanced

FJM Cylinders Private Limited: Ratings reaffirmed; outlook revised to Stable from Negative; rated amount enhanced

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Entity-Specific Credit Perspective Reports

13 May 2026

FJM Cylinders Private Limited

FJM Cylinders Private Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Long-term/Short-term – Non-fund based – Others [ICRA]A2+ -- [ICRA]A-(Stable) --
Long-term/Short-term – Unallocated limits – Unallocated limits [ICRA]A2+ -- [ICRA]A- --
Long-term/Short-term – Fund-based – Cash credit [ICRA]A2+ -- [ICRA]A-(Stable) --
Long-term – Fund-based – Term Loan -- -- [ICRA]A-(Stable) --

Our Analysts

Analyst 1

Akshit Goel

Analyst 2

Rohan Kanwar Gupta

Sector Head

Jitin Makkar
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