Jun 29 - Below are the ratings awarded by Credit Rating Information Service of India (CRISIL)
for local debt instruments as of June 26, 2020 and June 27, 2020.
COMPANY INSTRUMENT RATING AMOUNT MOVEMENT
(RS.MLN)
------ ---------- ------ ----- ---------
SHORT TERM RATINGS:
-------------------
ADG Agrotech Pvt Ltd BG CRISIL A4+ 1.1 Assigned
Afex Technologies Pvt Ltd LOC CRISIL A4 10 Reaffirmed
Ajay Industrial Corporation Ltd Foreign Exchange CRISIL A3+ 15 Reaffirmed
Forward
Ajay Industrial Corporation Ltd LOC CRISIL A3+ 240 Reaffirmed
Amrfeo Pvt Ltd Bill Purchase CRISIL A4+ 53 Assigned
Axis Finance Ltd CP CRISIL A1+ 60000 Reaffirmed
Axis Finance Ltd CP Programme(IPO CRISIL A1+ 40000 Reaffirmed
Financing)
Balmer Lawrie-Van Leer Ltd LOC & BG CRISIL A1 242 Assigned
C M Roy Construction Pvt Ltd BG CRISIL A4 20 Reaffirmed
(Migrated from 'CRISIL A4 ISSUER NOT COOPERATING')
C.C.Construction BG CRISIL A4 40 -
(Issuer Not Cooperating)
Chakiat Agencies Pvt Ltd Proposed ST Bk CRISIL A2 95 Reaffirmed
Loan Fac
D. Shanmugavel BG CRISIL A4+ 20 Withdrawn
(Rating Reaffirmed and Withdrawn)
D. Shanmugavel LT Loan CRISIL A4+ 8 Withdrawn
(Rating Reaffirmed and Withdrawn)
D. Shanmugavel Proposed BG CRISIL A4+ 30 Withdrawn
(Rating Reaffirmed and Withdrawn)
D. Shanmugavel Proposed LT Bk CRISIL A4+ 42 Withdrawn
Loan Fac
(Rating Reaffirmed and Withdrawn)
D. Shanmugavel Proposed Overdraft CRISIL A4+ 25 Withdrawn
Fac
(Rating Reaffirmed and Withdrawn)
Effective Teleservices Pvt Ltd Standby LOC CRISIL A4+ 450 Reaffirmed
Fine Fab Pvt Ltd LOC CRISIL A4 20 Reaffirmed
(Issuer Not Cooperating)
G. Venkata Rao And Co. BG CRISIL A4 40 Reaffirmed
(Issuer Not Cooperating)
G. Venkata Rao And Co. Proposed ST Bk CRISIL A4 21 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Gama Infraprop Pvt Ltd BG CRISIL A4+ 225.8 Assigned
Gama Infraprop Pvt Ltd Bill Discounting CRISIL A4+ 300 Assigned
under LOC
Gama Infraprop Pvt Ltd LOC CRISIL A4+ 350 Assigned
Guhan Textile Mills Pvt Ltd Foreign Exchange CRISIL A4 1.5 Reaffirmed
Forward
(Issuer Not Cooperating)
Guhan Textile Mills Pvt Ltd Letter Of Guarantee CRISIL A4 1.3 Reaffirmed
(Issuer Not Cooperating)
Guhan Textile Mills Pvt Ltd LOC CRISIL A4 30 Reaffirmed
(Issuer Not Cooperating)
Habeeb Tanning Company Bill Discounting CRISIL A3+ 30 Reaffirmed
Habeeb Tanning Company LOC CRISIL A3+ 70 Reaffirmed
Habeeb Tanning Company Packing Credit CRISIL A3+ 10 Reaffirmed
Hexagon Constructions BG CRISIL A4 20 Reaffirmed
(Issuer Not Cooperating)
Hindustan Concretes BG CRISIL A4+ 4 Reaffirmed
IIFL Finance Ltd CP CRISIL A1+ 5000 Reaffirmed
IIFL Finance Ltd CP^ CRISIL A1+ 80000 Reaffirmed
(^Transferred from India Infoline Finance Ltd)
IIFL Finance Ltd CP Programme(IPO CRISIL A1+ 80000 Reaffirmed
Financing)^
(^Transferred from India Infoline Finance Ltd)
IIFL Home Finance Ltd CP CRISIL A1+ 50000 Reaffirmed
Industrial Metal Corporation BG CRISIL A4+ 15 Reaffirmed
Industrial Metal Corporation LOC CRISIL A4+ 70 Reaffirmed
Jain Udyog BG CRISIL A3+ 35 Reaffirmed
Jara Infratech Ltd BG CRISIL A4 25 Reaffirmed
(Issuer Not Cooperating)
Jara Infratech Ltd LOC CRISIL A4 5 Reaffirmed
(Issuer Not Cooperating)
Jawahar Sahakari Soot Girni Ltd BG CRISIL A4 25 -
(Downgraded from 'CRISIL A4+')
KLJ Developers Pvt Ltd BG CRISIL A3 300 Reaffirmed
Lakshmi Life Sciences Ltd BG CRISIL A2 10 Reaffirmed
Lakshmi Life Sciences Ltd LOC CRISIL A2 20 Reaffirmed
Loghorn Industries Pvt Ltd LOC CRISIL A4+ 100 Reaffirmed
(Issuer Not Cooperating)
M/s. Sree Laxmi Constructions BG CRISIL A4+ 60 Reaffirmed
Muthoot Finance Ltd CP CRISIL A1+ 50000 Reaffirmed
Nitco Logistics Pvt Ltd BG CRISIL A3+ 10 Reaffirmed
Offshore Infrastructures Ltd BG CRISIL A1 16687 Reaffirmed
Pasa Resources Pvt Ltd BG CRISIL A2 10 Reaffirmed
Prism Enterprises Pvt Ltd BG CRISIL A4+ 21.4 Reaffirmed
Prism Jewellery Proposed ST Bk CRISIL A4+ 16 Reaffirmed
Loan Fac
Rajalakshmi Spinners Pvt Ltd BG CRISIL A4+ 11 Reaffirmed
(Issuer Not Cooperating)
Rare Rocks Foreign Exchange CRISIL A4 4.5 Reaffirmed
Forward
(Migrated from 'CRISIL A4 ISSUER NOT COOPERATING')
Rare Rocks LOC CRISIL A4 10 Reaffirmed
(Migrated from 'CRISIL A4 ISSUER NOT COOPERATING')
Rare Rocks Packing Credit CRISIL A4 30 Reaffirmed
(Migrated from 'CRISIL A4 ISSUER NOT COOPERATING')
Ravin Cables Ltd LOC & BG CRISIL A3 1500 Reaffirmed
Regal Plywood Industries Pvt Ltd LOC CRISIL A4+ 60 Reaffirmed
(Issuer Not Cooperating)
Rohit Automobiles - Ara Vendor Financing CRISIL A4+ 45 Reaffirmed
(Issuer Not Cooperating)
Royal Plywood Industries LOC CRISIL A4+ 80 Reaffirmed
(Issuer Not Cooperating)
RRAS Traders And Exports Pvt Ltd Pre Shipment Credit CRISIL A4 20 Reaffirmed
(Issuer Not Cooperating)
S R C Infra Pvt Ltd Proposed BG CRISIL A4+ 124 Reaffirmed
(Issuer Not Cooperating)
S. Pushp Steel Structural Trading LOC CRISIL A4 7 Reaffirmed
Company
(Issuer Not Cooperating)
Sai Teja Coating Pvt Ltd Proposed ST Bk CRISIL A4 50 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Samasta Microfinance Ltd CP CRISIL A1+ 5000 Reaffirmed
Samasta Microfinance Ltd CP CRISIL A1+ 5000 Reaffirmed
Samasta Microfinance Ltd CP CRISIL A1+ 5000 Reaffirmed
Samasta Microfinance Ltd CP CRISIL A1+ 5000
Samasta Microfinance Ltd CP CRISIL A1+ 5000 Reaffirmed
Samasta Microfinance Ltd CP CRISIL A1+ 5000 Reaffirmed
Sapphire Papers Mill Pvt Ltd BG CRISIL A4+ 20 Reaffirmed
(Issuer Not Cooperating)
Schnell Energy Equipments Pvt Ltd BG CRISIL A4+ 46.5 Reaffirmed
(Issuer Not Cooperating)
Schnell Energy Equipments Pvt Ltd Bill Discounting CRISIL A4+ 10 Reaffirmed
(Issuer Not Cooperating)
Seaward Exports Pvt Ltd Proposed ST Bk CRISIL A4+ 5 Assigned
Loan Fac
Security Printing and Minting LOC* CRISIL A1+ 2000 Reaffirmed
Corporation of India Ltd
(* Includes sublimit of bank guarantee of Rs5 crore;)
Security Printing and Minting LOC CRISIL A1+ 1000 Reaffirmed
Corporation of India Ltd
Security Printing and Minting LOC & BG CRISIL A1+ 3500 Reaffirmed
Corporation of India Ltd
Shree Shakti Construction BG CRISIL A4+ 20 Reaffirmed
(Issuer Not Cooperating)
Siddhartha Engineering Ltd BG CRISIL A4+ 1087.5 Reaffirmed
(Migrated from 'CRISIL A4+ ISSUER NOT COOPERATING)
Siddhartha Engineering Ltd LOC CRISIL A4+ 150 Reaffirmed
(Migrated from 'CRISIL A4+ ISSUER NOT COOPERATING)
Sri Kangeyaa Textiles Pvt Ltd BG CRISIL A4+ 5 Reaffirmed
Sri Venkatesh Granites Pvt Ltd Foreign CRISIL A4+ 30 Reaffirmed
Discounting Bill
Purchase
(Issuer Not Cooperating)
Sri Venkatesh Granites Pvt Ltd Packing Credit CRISIL A4+ 90 Reaffirmed
(Issuer Not Cooperating)
Sri Venkateswara Rice Mill -Palakol BG CRISIL A4 40 Reaffirmed
(Issuer Not Cooperating)
St. Pauls Cashew Factory Bill Purchase CRISIL A4+ 72.5 Reaffirmed
(Issuer Not Cooperating)
St. Pauls Cashew Factory Packing Credit CRISIL A4+ 270 Reaffirmed
(Issuer Not Cooperating)
St. Pauls Cashew Factory Standby Export CRISIL A4+ 107.5 Reaffirmed
Packing Credit
(Issuer Not Cooperating)
Steel Products Ltd BG CRISIL A4 100 Reaffirmed
(Issuer Not Cooperating)
Steel Products Ltd LOC CRISIL A4 11.5 Reaffirmed
(Issuer Not Cooperating)
Stone Wonders India Ltd BG CRISIL A4 5 Reaffirmed
(Issuer Not Cooperating)
Stone Wonders India Ltd Export Packing CRISIL A4 15 Reaffirmed
Credit
(Issuer Not Cooperating)
Stone Wonders India Ltd LOC CRISIL A4 5 Reaffirmed
(Issuer Not Cooperating)
Sunny International Ltd Proposed NFBL CRISIL A3+ 20 Reaffirmed
Suolificio Linea Italia India Pvt Ltd LOC CRISIL A4+ 30 -
(Downgraded from 'CRISIL A3')
Suolificio Linea Italia India Pvt Ltd LOC Bill CRISIL A4+ 10 -
Discounting
(Downgraded from 'CRISIL A3')
Swarna Constructions BG CRISIL A4 95 Reaffirmed
(Issuer Not Cooperating)
Tata Motors Finance Ltd CP CRISIL A1+ 80000 Reaffirmed
(Enhanced from Rs.7000 Crore)
Technocast Foundry Inland/Import LOC CRISIL A4+ 30 Reaffirmed
(Issuer Not Cooperating)
Thames Steels Pvt Ltd BG CRISIL A4+ 20 Reaffirmed
(Issuer Not Cooperating)
The United Engineers Proposed BG CRISIL A4 60 Reaffirmed
(Issuer Not Cooperating)
Utility Projects and Services Pvt Ltd BG CRISIL A4+ 42.5 Reaffirmed
(Issuer Not Cooperating)
Varun Foods Processing Pvt Ltd BG CRISIL A4+ 1.5 Reaffirmed
(Issuer Not Cooperating)
Venkat Sai Motors BG CRISIL A4+ 30 Reaffirmed
(Issuer Not Cooperating)
Venkat Sai Motors Proposed ST Bk CRISIL A4+ 35 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Vijayalakshmi Rice Mill BG CRISIL A4+ 67.5 Reaffirmed
(Issuer Not Cooperating)
Vishakha Irrigation Pvt Ltd BG CRISIL A4 20 Reaffirmed
(Issuer Not Cooperating)
Vishakha Irrigation Pvt Ltd LOC CRISIL A4 120 Reaffirmed
(Issuer Not Cooperating)
VNR Constructions BG CRISIL A4+ 45 Reaffirmed
(Issuer Not Cooperating)
LONG TERM RATINGS:
-------------------
ADG Agrotech Pvt Ltd TL CRISIL 8 Assigned
BB-/Stable
ADG Agrotech Pvt Ltd CC CRISIL 50 Assigned
BB-/Stable
Afex Technologies Pvt Ltd CC/ Overdraft Fac CRISIL 22.5 Reaffirmed
B+/Stable
Afex Technologies Pvt Ltd LT Loan CRISIL 143.2 Reaffirmed
B+/Stable
Ajay Industrial Corporation Ltd CC CRISIL 516 Reaffirmed
BBB/Stable
Amrfeo Pvt Ltd TL CRISIL 15.3 Assigned
BB-/Stable
Amrfeo Pvt Ltd Proposed LT Bk CRISIL 21.7 Assigned
Loan Fac BB-/Stable
Amrfeo Pvt Ltd CC CRISIL 10 Assigned
BB-/Stable
Annapurna Finance Pvt Ltd LT Bk Fac CRISIL 10879.1Reaffirmed
A-/Stable
Annapurna Finance Pvt Ltd Proposed LT Bk CRISIL 120.9 Reaffirmed
Loan Fac A-/Stable
Annapurna Finance Pvt Ltd NCD CRISIL 1000 Reaffirmed
A-/Stable
Annapurna Finance Pvt Ltd NCD CRISIL 1000 Reaffirmed
A-/Stable
Annapurna Finance Pvt Ltd NCD CRISIL 730 Reaffirmed
A-/Stable
Annapurna Finance Pvt Ltd NCD CRISIL 700 Reaffirmed
A-/Stable
Annapurna Finance Pvt Ltd NCD CRISIL 400 Reaffirmed
A-/Stable
Annapurna Finance Pvt Ltd NCD CRISIL 300 Reaffirmed
A-/Stable
Annapurna Finance Pvt Ltd NCD CRISIL 1000 Reaffirmed
A-/Stable
Annapurna Finance Pvt Ltd NCD CRISIL 1460 Reaffirmed
A-/Stable
Avadh Infrastructure Pvt Ltd CC CRISIL 250 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Axis Finance Ltd NCD CRISIL 20000 Assigned
AAA/Stable
Axis Finance Ltd NCD CRISIL 40000 Reaffirmed
AAA/Stable
Axis Finance Ltd Subordinated Debt CRISIL 8000 Reaffirmed
AAA/Stable
Balmer Lawrie-Van Leer Ltd TL CRISIL A/Stable 78 Assigned
Balmer Lawrie-Van Leer Ltd CC CRISIL A/Stable 930 Assigned
Bava Infrastructure Developers Pvt Ltd CC CRISIL 110 Assigned
B/Stable
Boond Engineering And Development Pvt LT Loan CRISIL 6 -
Ltd B/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
Boond Engineering And Development Pvt Proposed FB Bk CRISIL 84 -
Ltd Limits B/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
C M Roy Construction Pvt Ltd CC CRISIL 80 Reaffirmed
B/Stable
(Migrated from 'CRISIL B/Stable ISSUER NOT COOPERATING')
C.C.Construction CC CRISIL 35 -
B+/Stable
(Issuer Not Cooperating)
Chakiat Agencies Pvt Ltd CC CRISIL 50 Reaffirmed
BBB+/Stable
Chakiat Agencies Pvt Ltd LT Loan CRISIL 55 Reaffirmed
BBB+/Stable
Clean Wind Power (Manvi) Pvt Ltd LT Loan CRISIL 3712 Assigned
A/Negative
Clean Wind Power (Ratlam) Pvt Ltd WC TL CRISIL 150 Assigned
A/Negative
Clean Wind Power (Ratlam) Pvt Ltd WC Fac CRISIL 150 Assigned
A/Negative
Clean Wind Power (Ratlam) Pvt Ltd LT Loan CRISIL 5078.7 Assigned
A/Negative
Clean Wind Power (Ratlam) Pvt Ltd Proposed LT Bk CRISIL 1.3 Assigned
Loan Fac A/Negative
D. Shanmugavel Overdraft 25 Withdrawn
Effective Teleservices Pvt Ltd Overdraft CRISIL 434.4 Reaffirmed
BB+/Stable
Fine Fab Pvt Ltd Proposed LT Bk CRISIL 17 Reaffirmed
Loan Fac B/Stable
(Issuer Not Cooperating)
Fine Fab Pvt Ltd Secured Overdraft CRISIL 30 Reaffirmed
Fac B/Stable
(Issuer Not Cooperating)
G. Venkata Rao And Co. CC CRISIL 29 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Gama Infraprop Pvt Ltd CC CRISIL 300 Assigned
BB-/Stable
Gama Infraprop Pvt Ltd TL CRISIL 2829.9 Assigned
BB-/Stable
Gama Infraprop Pvt Ltd Proposed LT Bk CRISIL 2744.3 Assigned
Loan Fac* BB-/Stable
(*Includes unsustainable portion of debt consisting of preference shares as per S4A scheme)
Grandcity Hospitality Pvt Ltd Proposed LT Bk CRISIL D 27 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Grandcity Hospitality Pvt Ltd TL CRISIL D 123 Reaffirmed
(Issuer Not Cooperating)
Guhan Textile Mills Pvt Ltd Open CC CRISIL 140 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Guhan Textile Mills Pvt Ltd TL CRISIL 7.2 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Habeeb Tanning Company Proposed LT Bk CRISIL 5 Reaffirmed
Loan Fac BBB/Stable
Hexagon Constructions Secured Overdraft CRISIL 40 Reaffirmed
Fac B/Stable
(Issuer Not Cooperating)
Hindustan Concretes CC CRISIL 75 Reaffirmed
BB/Stable
Hi-Tech Pipes Ltd. Rating Advisory - - -
(CRISIL vide its publication dated May 29, 2020 highlighted the aspect of non-co-operation by
Hi-Tech Pipes Limited.)
IIFL Finance Ltd Proposed LT Bk CRISIL 20000 Reaffirmed
Loan Fac AA/Negative
(Outlook revised from 'Stable' and rating reaffirmed)
IIFL Finance Ltd NCD* CRISIL 50000 Assigned
AA/Negative
(*Interchangeable between secured and subordinated debt)
IIFL Finance Ltd NCD^ CRISIL 3250 Reaffirmed
AA/Negative
((Outlook revised from 'Stable' and rating reaffirmed).
^Transferred from India Infoline Finance Ltd)
IIFL Finance Ltd NCD^* CRISIL 25000 -
AA/Negative
((Outlook revised from 'Stable' and rating reaffirmed). (Reduced from Rs.5000 Crore)
^Transferred from India Infoline Finance Ltd
*Interchangeable between secured and subordinated debt.)
IIFL Finance Ltd Subordinated Debt^ CRISIL 4983.7 Reaffirmed
AA/Negative
((Outlook revised from 'Stable' and rating reaffirmed).
^Transferred from India Infoline Finance Ltd)
IIFL Finance Ltd LT Principal CRISIL PP-MLD 15000 Reaffirmed
Protected Market AAr/Negative
Linked Debentures^
((Outlook revised from 'Stable' and rating reaffirmed).
^Transferred from India Infoline Finance Ltd)
IIFL Home Finance Ltd CC CRISIL 250 Reaffirmed
AA/Negative
IIFL Home Finance Ltd External CRISIL 3630.8 Reaffirmed
Commercial AA/Negative
Borrowings#
(#Equivalent to USD 50 Million)
IIFL Home Finance Ltd Proposed LT Bk CRISIL 3756.1 Reaffirmed
Loan Fac AA/Negative
IIFL Home Finance Ltd TL CRISIL 37363.1Reaffirmed
AA/Negative
IIFL Home Finance Ltd NCD CRISIL 10000 Reaffirmed
AA/Negative
IIFL Home Finance Ltd NCD CRISIL 10000 Reaffirmed
AA/Negative
IIFL Home Finance Ltd NCD CRISIL 2000 Reaffirmed
AA/Negative
IIFL Home Finance Ltd NCD CRISIL 500 Reaffirmed
AA/Negative
IIFL Home Finance Ltd NCD CRISIL 5000 Reaffirmed
AA/Negative
IIFL Home Finance Ltd Subordinated Debt CRISIL 2000 Reaffirmed
AA/Negative
IIFL Home Finance Ltd Principal CRISIL PP-MLD 2000 Reaffirmed
Protected Market AAr/Negative
Linked Non-Convertible Subordinated Debentures
IIFL Home Finance Ltd LT Principal CRISIL PP-MLD 3000 Reaffirmed
Protected Market AAr/Negative
Linked Debentures
Independent Resources India Pvt Ltd CC - 30 Withdrawn
(Issuer Not Cooperating)
Independent Resources India Pvt Ltd Export Packing - 100 Withdrawn
Credit
(Issuer Not Cooperating)
Independent Resources India Pvt Ltd Proposed LT Bk - 70 Withdrawn
Loan Fac
(Issuer Not Cooperating)
Industrial Metal Corporation CC CRISIL 30 Reaffirmed
BB/Stable
Industrial Metal Corporation Proposed LT Bk CRISIL 30 Reaffirmed
Loan Fac BB/Stable
Jain Udyog CC CRISIL 260 Reaffirmed
BBB/Stable
Jain Udyog Electronic Dealer CRISIL 80 Reaffirmed
Financing BBB/Stable
Scheme(e-DFS)
Jara Infratech Ltd CC CRISIL 10 Reaffirmed
B/Stable
(Issuer Not Cooperating)
Jara Infratech Ltd Proposed CC Limit CRISIL 80 Reaffirmed
B/Stable
(Issuer Not Cooperating)
Jawahar Sahakari Soot Girni Ltd CC CRISIL 90 -
B+/Stable
(Downgraded from 'CRISIL BB-/Stable')
Jawahar Sahakari Soot Girni Ltd TL CRISIL 235 -
B+/Stable
(Downgraded from 'CRISIL BB-/Stable')
JKM Infra Works LLP Rating Advisory - - -
(CRISIL vide its publication dated May 29, 2020 highlighted the aspect of non-co-operation by
JKM Infra Works LLP.)
Jose Brothers Gold Super Market CC CRISIL 100 -
B/Stable
(Downgraded from 'CRISIL B+/Stable')
Joy Coffee Curing Works Secured Overdraft CRISIL 130 Reaffirmed
Fac B+/Stable
KDP Infrastructure Pvt Ltd Overdraft CRISIL 250 -
B+/Stable
(ISSUER NOT COOPERATING; Revised from 'CRISIL BB-/Stable)
KLJ Developers Pvt Ltd Proposed LT Bk CRISIL 170 Reaffirmed
Loan Fac BBB-/Stable
KLJ Developers Pvt Ltd TL CRISIL 300 Assigned
BBB-/Stable
KLJ Realtech Pvt Ltd TL CRISIL 450 Reaffirmed
BBB-/Stable
Lakshmi Life Sciences Ltd Bill Discounting CRISIL 10 Reaffirmed
BBB+/Stable
Lakshmi Life Sciences Ltd CC CRISIL 60 Reaffirmed
BBB+/Stable
Lakshmi Life Sciences Ltd TL CRISIL 35 Reaffirmed
BBB+/Stable
Leotronic Scales Pvt Ltd. Rating Advisory - - -
(CRISIL vide its publication dated May 29, 2020 highlighted the aspect of non-co-operation by
Leotronic Scales Private Limited.)
Lincoln Parenteral Ltd LOC CRISIL 15 Withdrawn
A-/Stable
Lincoln Parenteral Ltd Proposed LT Bk CRISIL 168.2 Withdrawn
Loan Fac A-/Stable
Loghorn Industries Pvt Ltd CC CRISIL 30 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Loghorn Industries Pvt Ltd Proposed LT Bk CRISIL 20 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
M. R. Dairy Products Pvt Ltd CC CRISIL 515 Reaffirmed
BBB-/Stable
M/s. Sree Laxmi Constructions Overdraft CRISIL 40 Reaffirmed
BB-/Stable
Manchester Textile Pvt Ltd CC CRISIL 150 Assigned
BB+/Stable
Manchester Textile Pvt Ltd TL CRISIL 60 Assigned
BB+/Stable
Mindspace Business Parks REIT Corporate Credit Provisional - Assigned
(Mindspace REIT) Rating CCR AAA/Stable^
(^A prefix of 'Provisional' indicates that the rating centrally factors in the strength of
specific structures, and will be supported by certain critical documentation by the issuer,
without which the rating would either have been different or not assigned ab initio. This is in
compliance with directive issued by the Securities and Exchange Board of India (SEBI) on May 6,
2015, on 'Standardising the term, rating symbol, and manner of disclosure with regard to
conditional/provisional/in-principle ratings assigned by credit rating agencies (CRAs)'.)
Moga Medicity Pvt Ltd CC CRISIL 10 Assigned
BB/Stable
Moga Medicity Pvt Ltd TL CRISIL 140 Assigned
BB/Stable
Muthoot Finance Ltd NCD CRISIL 20000 Assigned
AA/Positive
Muthoot Finance Ltd Subordinated Debt CRISIL 2002.8 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 20000 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 40000 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 4110 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 15000 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 19500 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 13000 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 3652.7 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 37.8 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 39.2 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 51.8 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 926.2 Reaffirmed
AA/Positive
Muthoot Finance Ltd NCD CRISIL 5000 Reaffirmed
AA/Positive
Muthoot Finance Ltd Subordinate Bond CRISIL 437.571Reaffirmed
AA/Positive
Muthoot Finance Ltd Subordinate Bond CRISIL 232.879Reaffirmed
AA/Positive
Muthoot Finance Ltd Subordinate Bond CRISIL 209.3 Reaffirmed
AA/Positive
Muthoot Finance Ltd Subordinate Bond CRISIL 100 Reaffirmed
AA/Positive
Muthoot Finance Ltd Subordinate Bond CRISIL 187.2 Reaffirmed
AA/Positive
Muthoot Finance Ltd Subordinate Bond CRISIL 317.8 Reaffirmed
AA/Positive
Muthoot Finance Ltd Subordinate Bond CRISIL 230.392Reaffirmed
AA/Positive
Muthoot Finance Ltd LT Principal CRISIL PP-MLD 1000 Reaffirmed
Protected Market AAr/Positive
Linked Debentures
Muthoot Finance Ltd LT Principal CRISIL PP-MLD 1500 Reaffirmed
Protected Market AAr/Positive
Linked Debentures
Nambiar Builders Pvt Ltd Rating Advisory - - -
(CRISIL vide its publication dated May 29, 2020 highlighted the aspect of non-co-operation by
Nambiar Builders Private Limited.)
Nitco Logistics Pvt Ltd CC CRISIL 180 Reaffirmed
BBB/Stable
Nitco Logistics Pvt Ltd TL CRISIL 20 Reaffirmed
BBB/Stable
Offshore Infrastructures Ltd CC CRISIL 550 Reaffirmed
A/Stable
Offshore Infrastructures Ltd Proposed BG CRISIL 313 Reaffirmed
A/Stable
Offshore Infrastructures Ltd Proposed CC Limit CRISIL 450 Reaffirmed
A/Stable
Pasa Associates Pvt Ltd Electronic Dealer CRISIL 100 Reaffirmed
Financing BBB+/Stable
Scheme(e-DFS)
Pasa Resources Pvt Ltd CC CRISIL 200 Reaffirmed
BBB+/Stable
Pasa Resources Pvt Ltd Electronic Dealer CRISIL 100 Reaffirmed
Financing BBB+/Stable
Scheme(e-DFS)
Pasa Resources Pvt Ltd Proposed LT Bk CRISIL 25 Reaffirmed
Loan Fac BBB+/Stable
Prism Enterprises Pvt Ltd CC CRISIL 1020 Reaffirmed
BB/Stable
Prism Enterprises Pvt Ltd Proposed LT Bk CRISIL 58.6 Reaffirmed
Loan Fac BB/Stable
Prism Jewellery CC CRISIL 134 Reaffirmed
BB/Stable
R R Enterprises - Hyderabad Proposed LT Bk CRISIL B/Stable 160 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
R. J. Cylinder Industries CC/ Overdraft Fac CRISIL 39.7 -
B+/Stable
(Downgraded from 'CRISIL BB-/Stable')
R. J. Cylinder Industries LT Loan CRISIL 77.2 -
B+/Stable
(Downgraded from 'CRISIL BB-/Stable')
R.D. Brothers CC CRISIL 110 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
R.D. Brothers LT Loan CRISIL 20 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
R.D. Brothers Proposed CC Limit CRISIL 20 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Radhesh Plastics India Pvt Ltd CC CRISIL 27 Reaffirmed
B/Stable
(Issuer Not Cooperating)
Radhesh Plastics India Pvt Ltd TL CRISIL 20.8 Reaffirmed
B/Stable
(Issuer Not Cooperating)
Rainbow Tractors CC CRISIL 20 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Rainbow Tractors LT Loan CRISIL 15 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Rajalakshmi Spinners Pvt Ltd CC CRISIL 140 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Rajalakshmi Spinners Pvt Ltd LT Loan CRISIL 61.7 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Rajalakshmi Spinners Pvt Ltd Proposed LT Bk CRISIL 12.4 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
Rajhans Infratech Pvt Ltd TL CRISIL D 160 Reaffirmed
(Issuer Not Cooperating)
Rare Rocks CC CRISIL 27.5 Reaffirmed
B+/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
Rare Rocks Proposed LT Bk CRISIL 3.5 Reaffirmed
Loan Fac B+/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
Rare Rocks Rupee TL CRISIL 24.5 Reaffirmed
B+/Stable
(Migrated from 'CRISIL B+/Stable ISSUER NOT COOPERATING')
Rasapoorna Foods Pvt Ltd Overdraft CRISIL 35 Assigned
B/Stable
Rasapoorna Foods Pvt Ltd Proposed LT Bk CRISIL 85 Assigned
Loan Fac B/Stable
Ravin Cables Ltd CC CRISIL 715 Reaffirmed
BBB-/Stable
Ravin Cables Ltd Proposed FB Bk CRISIL 285 Reaffirmed
Limits BBB-/Stable
Regal Plywood Industries Pvt Ltd CC CRISIL 20 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Regal Plywood Industries Pvt Ltd Proposed LT Bk CRISIL 80 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
Rohit Automobiles - Ara CC CRISIL 95 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Rohit Automobiles - Ara TL CRISIL 10 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Royal Import and Export CC CRISIL 16.5 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Royal Import and Export Export Packing CRISIL 10 Reaffirmed
Credit BB/Stable
(Issuer Not Cooperating)
Royal Import and Export Proposed LT Bk CRISIL 28.5 Reaffirmed
Loan Fac BB/Stable
(Issuer Not Cooperating)
Royal Import and Export TL CRISIL 15 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Royal Plywood Industries CC CRISIL 20 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Royal Plywood Industries Proposed LT Bk CRISIL 40 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
RRAS Traders And Exports Pvt Ltd CC CRISIL 5 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
RRAS Traders And Exports Pvt Ltd Proposed LT Bk CRISIL 25 Reaffirmed
Loan Fac B+/Stable
(Issuer Not Cooperating)
S Homes Proposed LT Bk CRISIL D 2 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
S Homes TL CRISIL D 98 Reaffirmed
(Issuer Not Cooperating)
S R C Infra Pvt Ltd Proposed TL CRISIL 1676 Reaffirmed
BB+/Stable
(Issuer Not Cooperating)
S. Pushp Steel Structural Trading Overdraft CRISIL 35 Reaffirmed
Company B+/Stable
(Issuer Not Cooperating)
S. Pushp Steel Structural Trading Proposed LT Bk CRISIL 73 Reaffirmed
Company Loan Fac B+/Stable
(Issuer Not Cooperating)
S.M.Ram Coal Importers Pvt Ltd Bill Negotiation CRISIL D 20 Reaffirmed
(Issuer Not Cooperating)
S.M.Ram Coal Importers Pvt Ltd CC CRISIL D 40 Reaffirmed
(Issuer Not Cooperating)
S.M.Ram Coal Importers Pvt Ltd LOC CRISIL D 120 Reaffirmed
(Issuer Not Cooperating)
S.M.Ram Coal Importers Pvt Ltd Proposed LT Bk CRISIL D 25 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Sai Construction and Builders BG CRISIL D 180 Reaffirmed
(Issuer Not Cooperating)
Sai Construction and Builders LT Loan CRISIL D 90 Reaffirmed
(Issuer Not Cooperating)
Sai Construction and Builders Overdraft CRISIL D 150 Reaffirmed
(Issuer Not Cooperating)
Sai Teja Coating - Manikonda Proposed LT Bk CRISIL B/Stable 150 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Sai Teja Coating Pvt Ltd Proposed LT Bk CRISIL 50 Reaffirmed
Loan Fac B/Stable
(Issuer Not Cooperating)
Samasta Microfinance Ltd Proposed LT Bk CRISIL 8460.5 Reaffirmed
Loan Fac A+/Negative
Samasta Microfinance Ltd TL CRISIL 11539.5Reaffirmed
A+/Negative
Samasta Microfinance Ltd NCD CRISIL 10000 Reaffirmed
A+/Negative
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd NCD CRISIL 1500 Reaffirmed
A+/Negative
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd NCD CRISIL 10000 Reaffirmed
A+/Negative
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd NCD CRISIL 1500 Reaffirmed
A+/Negative
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd NCD CRISIL 1500 Reaffirmed
A+/Negative
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd LT Principal CRISIL PP-MLD 3000 Reaffirmed
Protected Market A+r/Negative
Linked Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd Principal CRISIL PP-MLD 1000 Reaffirmed
Protected Market A+r/Negative
Linked Non-Convertible Subordinated Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd LT Principal CRISIL PP-MLD 3000 Reaffirmed
Protected Market A+r/Negative
Linked Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd Principal CRISIL PP-MLD 1000 Reaffirmed
Protected Market A+r/Negative
Linked Non-Convertible Subordinated Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd LT Principal CRISIL PP-MLD 3000 Reaffirmed
Protected Market A+r/Negative
Linked Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd Principal CRISIL PP-MLD 1000 Reaffirmed
Protected Market A+r/Negative
Linked Non-Convertible Subordinated Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd LT Principal CRISIL PP-MLD 3000 Reaffirmed
Protected Market A+r/Negative
Linked Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd Principal CRISIL PP-MLD 1000 Reaffirmed
Protected Market A+r/Negative
Linked Non-Convertible Subordinated Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Samasta Microfinance Ltd Principal CRISIL PP-MLD 1000 Reaffirmed
Protected Market A+r/Negative
Linked Non-Convertible Subordinated Debentures
(Outlook revised from 'Stable' and rating reaffirmed)
Santha Cashew CC CRISIL 55 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Santha Cashew Export Packing CRISIL 20 Reaffirmed
Credit B+/Stable
(Issuer Not Cooperating)
Sapphire Papers Mill Pvt Ltd CC CRISIL 90 Reaffirmed
BB+/Stable
(Issuer Not Cooperating)
Sapphire Papers Mill Pvt Ltd LT Loan CRISIL 98.5 Reaffirmed
BB+/Stable
(Issuer Not Cooperating)
Sapphire Papers Mill Pvt Ltd Proposed LT Bk CRISIL 26 Reaffirmed
Loan Fac BB+/Stable
(Issuer Not Cooperating)
Saraogi Udyog Pvt Ltd. Rating Advisory - - -
(CRISIL vide its publication dated May 29, 2020 highlighted the aspect of non-co-operation by
Saraogi Udyog Private Limited.)
Sarayu Cleangen Pvt Ltd Rupee TL CRISIL 125 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Schnell Energy Equipments Pvt Ltd CC CRISIL 55 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Schnell Energy Equipments Pvt Ltd Proposed LT Bk CRISIL 16.9 Reaffirmed
Loan Fac BB/Stable
(Issuer Not Cooperating)
Schnell Energy Equipments Pvt Ltd TL CRISIL 11.6 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Seaward Exports Pvt Ltd Foreign Bill CRISIL 100 Assigned
Purchase BB/Stable
Seaward Exports Pvt Ltd Packing Credit CRISIL 40 Assigned
BB/Stable
Seaward Exports Pvt Ltd Proposed FB Bk CRISIL 15 Assigned
Limits BB/Stable
Security Printing and Minting Proposed LT Bk - 5000 Withdrawn
Corporation of India Ltd Loan Fac
Sengodan Poultry Farm CC CRISIL 30 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Sengodan Poultry Farm Proposed LT Bk CRISIL 6.5 Reaffirmed
Loan Fac B+/Stable
(Issuer Not Cooperating)
Sengodan Poultry Farm TL CRISIL 36 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
SGK Flours And Oils Pvt Ltd Proposed CC Limit CRISIL 250 Reaffirmed
B/Stable
(Issuer Not Cooperating)
Shimla Tolls & Projects Pvt Ltd BG CRISIL D 15 Reaffirmed
(Issuer Not Cooperating)
Shimla Tolls & Projects Pvt Ltd Proposed LT Bk CRISIL D 5 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Shimla Tolls & Projects Pvt Ltd TL CRISIL D 320 Reaffirmed
(Issuer Not Cooperating)
Shree Sairam Communications (India) CC CRISIL 95 Reaffirmed
Pvt Ltd B+/Stable
(Issuer Not Cooperating)
Shree Shakti Construction CC CRISIL 85 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Shree Shakti Construction Proposed LT Bk CRISIL 5 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
Shri Vijaylaxmi Ginning and Pressing CC CRISIL 80 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Shri Vijaylaxmi Ginning and Pressing Proposed WC Fac CRISIL 18.4 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Shri Vijaylaxmi Ginning and Pressing TL CRISIL 1.6 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Siddhartha Engineering Ltd CC CRISIL 370 Reaffirmed
BB/Stable
(Migrated from 'CRISIL BB/Stable ISSUER NOT COOPERATING)
Siddhivinayak Poultry Breeding Farm and CC CRISIL 75 Reaffirmed
Hatcheries Pvt Ltd BB-/Stable
(Issuer Not Cooperating)
Siddhivinayak Poultry Breeding Farm and Proposed CC Limit CRISIL 45 Reaffirmed
Hatcheries Pvt Ltd BB-/Stable
(Issuer Not Cooperating)
Siddhivinayak Poultry Breeding Farm and Proposed TL CRISIL 27.5 Reaffirmed
Hatcheries Pvt Ltd BB-/Stable
(Issuer Not Cooperating)
Siddhivinayak Poultry Breeding Farm and TL CRISIL 52.5 Reaffirmed
Hatcheries Pvt Ltd BB-/Stable
(Issuer Not Cooperating)
SLV Enterprises - Nellore CC CRISIL 100 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Somani Motors Pvt Ltd Electronic Dealer CRISIL 110 Reaffirmed
Financing B+/Stable
Scheme(e-DFS)
(Issuer Not Cooperating)
Sree Veera Brahmendra Swamy Spinning CC CRISIL C 65 Reaffirmed
Mills Pvt Ltd
(Issuer Not Cooperating)
Sree Veera Brahmendra Swamy Spinning WC TL CRISIL C 75.1 Reaffirmed
Mills Pvt Ltd
(Issuer Not Cooperating)
Sri Kangeyaa Textiles Pvt Ltd CC CRISIL 30 Reaffirmed
BB-/Stable
Sri Kangeyaa Textiles Pvt Ltd LT Loan CRISIL 7.5 Reaffirmed
BB-/Stable
Sri Kangeyaa Textiles Pvt Ltd Proposed LT Bk CRISIL 17.5 Reaffirmed
Loan Fac BB-/Stable
Sri Prameela Parboiled Modern Rice Mill CC CRISIL 48 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Sri Prameela Parboiled Modern Rice Mill TL CRISIL 10 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Sri Raghavendra Poultry Farm CC CRISIL D 2 Reaffirmed
(Issuer Not Cooperating)
Sri Raghavendra Poultry Farm TL CRISIL D 48 Reaffirmed
(Issuer Not Cooperating)
Sri Rajalakshmi Poultry Farm CC CRISIL D 2 Reaffirmed
(Issuer Not Cooperating)
Sri Rajalakshmi Poultry Farm TL CRISIL D 48 Reaffirmed
(Issuer Not Cooperating)
Sri Venkatesh Granites Pvt Ltd CC CRISIL 30 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Sri Venkatesh Granites Pvt Ltd LT Loan CRISIL 40 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Sri Venkatesh Granites Pvt Ltd Proposed LT Bk CRISIL 30 Reaffirmed
Loan Fac BB/Stable
(Issuer Not Cooperating)
Sri Venkateswara Rice Mill -Palakol CC CRISIL 20 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
SS Aluminium Pvt Ltd BG CRISIL D 5 Reaffirmed
(Issuer Not Cooperating)
SS Aluminium Pvt Ltd CC CRISIL D 65 Reaffirmed
(Issuer Not Cooperating)
SS Aluminium Pvt Ltd LT Loan CRISIL D 44.2 Reaffirmed
(Issuer Not Cooperating)
SS Aluminium Pvt Ltd Proposed LT Bk CRISIL D 19.2 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
St. Pauls Cashew Factory CC CRISIL 30 Reaffirmed
BB+/Stable
(Issuer Not Cooperating)
Star Realcon Pvt Ltd Proposed LT Bk CRISIL D 5 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Star Realcon Pvt Ltd Secured Overdraft CRISIL D 85 Reaffirmed
Fac
(Issuer Not Cooperating)
Steel Products Ltd CC CRISIL 115 Reaffirmed
B-/Stable
(Issuer Not Cooperating)
Stone Wonders India Ltd Proposed LT Bk CRISIL 47.5 Reaffirmed
Loan Fac B+/Stable
(Issuer Not Cooperating)
Sunny International Ltd Export Packing CRISIL 300 Reaffirmed
Credit BBB/Stable
Sunny International Ltd LT Loan CRISIL 262.5 Reaffirmed
BBB/Stable
Sunny International Ltd Proposed FB Bk CRISIL 20 Reaffirmed
Limits BBB/Stable
Sunny International Ltd Standby Line of CRISIL 50 Reaffirmed
Credit BBB/Stable
Sunny International Ltd WC Fac CRISIL 22.5 Assigned
BBB/Stable
Suolificio Linea Italia India Pvt Ltd CC CRISIL 85 -
BB+/Stable
(Downgraded from 'CRISIL BBB-/Stable')
Suolificio Linea Italia India Pvt Ltd LT Loan CRISIL 55 -
BB+/Stable
(Downgraded from 'CRISIL BBB-/Stable')
Susee Premium Automobiles Pvt Ltd CC CRISIL 47.5 Reaffirmed
B/Stable
(Issuer Not Cooperating)
Susee Premium Automobiles Pvt Ltd Proposed LT Bk CRISIL 2.5 Reaffirmed
Loan Fac B/Stable
(Issuer Not Cooperating)
Swarg Goldtouch Ltd CC CRISIL 60 Reaffirmed
B-/Stable
(Issuer Not Cooperating)
Swarg Goldtouch Ltd Proposed LT Bk CRISIL 10 Reaffirmed
Loan Fac B-/Stable
(Issuer Not Cooperating)
Swarna Constructions Proposed LT Bk CRISIL 35 Reaffirmed
Loan Fac B-/Stable
(Issuer Not Cooperating)
Swarna Constructions Secured Overdraft CRISIL 55 Reaffirmed
Fac B-/Stable
(Issuer Not Cooperating)
Tata Motors Finance Ltd Perpetual Bonds CRISIL 4150 Reaffirmed
A/Negative
Tata Motors Finance Ltd NCDs CRISIL 56050 Reaffirmed
AA-/Negative
Tata Motors Finance Ltd Subordinated Debt CRISIL 14000 Reaffirmed
Programme AA-/Negative
Taurus Commercials Pvt Ltd CC/ Overdraft Fac CRISIL 50 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Taurus Commercials Pvt Ltd Electronic Dealer CRISIL 540 Reaffirmed
Financing BB-/Stable
Scheme(e-DFS)
(Issuer Not Cooperating)
Taurus Commercials Pvt Ltd Loan Against CRISIL 25 Reaffirmed
Property BB-/Stable
(Issuer Not Cooperating)
Technocast Foundry CC CRISIL 100 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Technocast Foundry Packing Credit CRISIL 30 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Thames Steels Pvt Ltd CC CRISIL 36.5 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Thames Steels Pvt Ltd LT Loan CRISIL 333.5 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
The United Engineers Proposed CC Limit CRISIL 40 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Tilak Exports Bill Discounting CRISIL D 30 Reaffirmed
(Issuer Not Cooperating)
Tilak Exports LOC CRISIL D 20 Reaffirmed
(Issuer Not Cooperating)
Tilak Exports Packing Credit CRISIL D 70 Reaffirmed
(Issuer Not Cooperating)
Tilak Exports Proposed LT Bk CRISIL D 1.5 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Tilak Exports TL CRISIL D 38.5 Reaffirmed
(Issuer Not Cooperating)
Trisha Trends Pvt Ltd CC CRISIL 60 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Trisha Trends Pvt Ltd Proposed LT Bk CRISIL 40 Reaffirmed
Loan Fac B+/Stable
(Issuer Not Cooperating)
Utility Projects and Services Pvt Ltd CC/ Overdraft Fac CRISIL 7.5 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
V. S. Tapes CC CRISIL 52.5 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
V. S. Tapes TL CRISIL 2.5 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Varun Foods Processing Pvt Ltd CC CRISIL 50 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Varun Foods Processing Pvt Ltd LT Loan CRISIL 12.2 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Varun Foods Processing Pvt Ltd Proposed CC Limit CRISIL 15 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Varun Foods Processing Pvt Ltd Proposed LT Bk CRISIL 1.3 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
Vasavi Thanga Maaligai CC CRISIL 70 Reaffirmed
B/Stable
(Issuer Not Cooperating)
Velkar Engineering And Industries Pvt Proposed CC Limit CRISIL 50 Reaffirmed
Ltd B-/Stable
(Issuer Not Cooperating)
Velkar Engineering And Industries Pvt Proposed Overdraft CRISIL 50 Reaffirmed
Ltd Fac B-/Stable
(Issuer Not Cooperating)
Venkat Sai Motors CC CRISIL 35 Reaffirmed
BB/Stable
(Issuer Not Cooperating)
Vighneshwar Ispat Pvt Ltd CC CRISIL 45 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Vighneshwar Ispat Pvt Ltd Proposed LT Bk CRISIL 55 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
Vijayalakshmi Rice Mill CC CRISIL 31.5 Reaffirmed
BB-/Stable
(Issuer Not Cooperating)
Vishakha Irrigation Pvt Ltd CC CRISIL 180 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
Vishakha Irrigation Pvt Ltd Proposed LT Bk CRISIL 7.5 Reaffirmed
Loan Fac B+/Stable
(Issuer Not Cooperating)
Vishakha Irrigation Pvt Ltd TL CRISIL 72.5 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
VM Cashews Proposed LT Bk CRISIL 250 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
VNR Constructions Proposed LT Bk CRISIL 5 Reaffirmed
Loan Fac BB-/Stable
(Issuer Not Cooperating)
VNR Constructions Secured Overdraft CRISIL 75 Reaffirmed
Fac BB-/Stable
(Issuer Not Cooperating)
VTC - Kanyakumari CC CRISIL B/Stable 70 Reaffirmed
(Issuer Not Cooperating)
VTC - Kanyakumari Proposed LT Bk CRISIL B/Stable 10 Reaffirmed
Loan Fac
(Issuer Not Cooperating)
Yogesh Trading Co. CC CRISIL 550 Reaffirmed
B+/Stable
(Issuer Not Cooperating)
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected
CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.
BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.
(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at [email protected])
Mombasa Info
