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Home Credit Perspective Reports HPCL-Mittal Pipelines Limited
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Entity-Specific Rating Rationales

31 Oct 2025

HPCL-Mittal Pipelines Limited: Rating reaffirmed & withdrawn for commercial paper; [ICRA]AA+(Stable) assigned for bank facilities

HPCL-Mittal Pipelines Limited: Rating reaffirmed & withdrawn for commercial paper; [ICRA]AA+(Stable) assigned for bank facilities

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08 Oct 2024

HPCL-Mittal Pipelines Limited: Rating assigned

HPCL-Mittal Pipelines Limited: Rating assigned

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27 Apr 2023

HPCL-Mittal Pipelines Limited: Ratings Withdrawn

HPCL-Mittal Pipelines Limited: Ratings Withdrawn

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Entity-Specific Credit Perspective Reports

02 Dec 2025

HPCL-Mittal Pipelines Limited

HPCL-Mittal Pipelines Limited (Non-SF)

07 Nov 2024

HPCL-Mittal Pipelines Limited

HPCL-Mittal Pipelines Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Commercial Paper Withdrawn -- -- --
Long term - Fund based - Term loan -- -- [ICRA]AA+(Stable) --
Non Convertible Debenture -- -- Withdrawn --

Our Analysts

Analyst 1

Sahaj Gugliani

Analyst 2

Varun Gogia

Sector Head

Girishkumar Kashiram Kadam
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