FEPL

AcronymDefinition
FEPLFédération des Entreprises Publiques Locales (French: Federation of Local Public Enterprises)
References in periodicals archive ?
The ratings favorably factor in the presence of SPCL as the project management consultant with overall responsibility for managing the day-to-day operations as well as the marketing and leasing aspects for the project, the demonstrated commitment from SPCL by way of a corporate guarantee towards part of FEPL's borrowings and branding of the "SP Infocity" project as a Shapoorji Pallonji project.
The ratings are however constrained by FEPL's exposure to refinancing risks towards construction loans, the anticipated supply addition in the OMR region which could have an impact on occupancy levels and achievable rentals for the new blocks ,the pending equity infusion of ~Rs.
Faery Estates Private Limited (FEPL) is the SPV currently constructing the SP Infocity at Perungudi, Off Old Mahabalipuram Road in Chennai.
FEPL earned PAT of Rs.0.6 crore (Rs.0.5 crore in FY09) on net sales of Rs.20.4 crore (Rs.16.7crore in FY09) in FY10.
FEPL is in the business of manufacturing engine connecting rods.
ICRA also reaffirmed the A4 rating on the INR30m short-term fund-based facilities of FEPL.
The rating reaffirmation factors in the long-standing experience of FEPL's promoters and its balanced presence across various auto segments.