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Re: Indian Oil Corporation Limited Credit Rating
Indian Oil Corporation Limited is an Indian state owned oil and gas company headquartered in New Delhi. A credit rating can be assigned to any entity that seeks to borrow money — an individual, corporation, state or provincial authority, or sovereign government. Indian Oil Corporation Limited Credit Rating Instrument / Issuer Rating Amount (in Mln.) Currency Rating / Action Outlook Long Term Issuer Rating Long Term ; IND AAA / Affirmed Stable Commercial Paper 400000 INR Short Term ; IND A1+ / New Rating Non Convertible Debenture 17000 INR Long Term ; WD / Withdrawn Non Convertible Debenture 10700 INR Long Term ; IND AAA / Affirmed Stable Non Convertible Debenture 16000 INR Long Term ; WD / Withdrawn Company profile: Type Public limited company Traded as BSE: 530965 NSE: IOC Industry Oil and gas Predecessor Indian Refineries Ltd. (1958) Indian Oil Company (1959) Founded 1964; 54 years ago in New Delhi Headquarters New Delhi, India (Corporate Office) IndianOil Bhavan, New Delhi, India (Registered office) Area served India, Sri Lanka, Middle East, Mauritius Key people Sanjiv Singh (Chairman) Products Petroleum, natural gas, and other petrochemicals Revenue ₹364,081.74 crore (US$57 billion) (2017) Operating income ₹26,321.24 crore (US$4.1 billion) (2017) Net income ₹19,106.4 crore (US$3.0 billion) (2017) Total assets ₹150,113.52 crore (US$23 billion) (2017) Number of employees 33,135 (2017) Subsidiaries IndianOil (Mauritius) Ltd. Lanka IOC PLC IOC Middle East FZE |
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