GIC Housing Finance credit rating remained unchanged across key borrowing instruments after ICRA reaffirmed its long-term and short-term ratings on August 7, 2026, the housing finance company said in a BSE filing on Friday. The disclosure was submitted under Regulations 30 and 51 of the SEBI Listing Regulations.

ICRA reaffirmed the ICRA AA+ rating with a Stable outlook for long-term bank facilities aggregating to Rs 9,000 crore. The agency also reaffirmed its ICRA A1+ rating for short-term bank facilities aggregating to Rs 1,000 crore.

For non-convertible debentures aggregating to Rs 1,230 crore, ICRA retained the AA+ rating with a Stable outlook. The filing listed the event time as 2:06 pm on August 7 and said the ratings were verified on the same date. GIC Housing Finance’s equity shares trade on the BSE under scrip code 511676.

Ratings across NCD and commercial paper facilities

The filing also detailed ICRA’s actions on multiple debt facilities, giving investors a consolidated view of the ratings assigned to GIC Housing Finance’s bank borrowings and market instruments.

  • NCDs aggregating to Rs 500 crore were assigned an ICRA AA+ rating with a Stable outlook following a limit enhancement.
  • For NCDs aggregating to Rs 300 crore, the filing recorded the rating action as reaffirmed and “other”, while specifying the other action as withdrawn.
  • Commercial paper aggregating to Rs 1,500 crore retained the ICRA A1+ rating.

The AA+ ratings apply to the stated long-term facilities and NCD instruments, while A1+ applies to the disclosed short-term bank facilities and commercial paper. No outlook was shown for the short-term ratings in the filing. All listed rating actions carried a credit-rating date and verification date of August 7, 2026.

Disclosure covers listed debt securities

GIC Housing Finance submitted the intimation to BSE for its equity shares, listed NCDs and commercial paper instruments. The company also identified one commercial paper ISIN, INE289B14KG8, as yet to be listed.

The filing was signed by Raj Gor, Group Head and Company Secretary. It cited the applicable SEBI master circular alongside Regulations 30 and 51 of the Listing Regulations. Investors may track the disclosed ratings because they cover the company’s stated long-term bank facilities, short-term bank facilities, non-convertible debentures and commercial paper programmes. The announcement reports the rating agency’s actions without providing additional commentary on borrowing costs or future fundraising plans.