0
0
Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of September 9, 2019.
COMPANY INSTRUMENT RATING AMOUNT MOVEMENT
(RS.MLN)
------ ---------- ------ ----- ---------
SHORT TERM RATINGS:
-------------------
Amar Brothers Global Pvt Ltd Export Packing CRISIL A4+ 140 Reaffirmed
Credit
Amar Brothers Global Pvt Ltd Foreign Bill CRISIL A4+ 87.5 Reaffirmed
Purchase
Amar Brothers Global Pvt Ltd Inland/Import LOC CRISIL A4+ 50 Reaffirmed
Chemtrols Samil India Pvt Ltd BG CRISIL A4 20 Reaffirmed
G. V Pratap Reddy LOC & BG CRISIL A4 40
Issuer Not Cooperating
Gajanan Industries Ltd LOC CRISIL A4 120
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
Gulf Engineers and Constructors Pvt Ltd BG CRISIL A4+ 147 Reaffirmed
Gulf Engineers and Constructors Pvt Ltd LOC CRISIL A4+ 23 Reaffirmed
GVK Biosciences Pvt Ltd LOC@ CRISIL A1+ 470 Reaffirmed
@Interchangeable with buyers' credit/bank guarantee
GVK Biosciences Pvt Ltd CP CRISIL A1+ 500 Assigned
Hi-Tech Pipes Ltd LOC & BG CRISIL A2 600 Reaffirmed
Hi-Tech Pipes Ltd CP CRISIL A2 250 Withdrawn
HMM Infra Ltd Letter Of GuaranteeCRISIL A3 256 Reaffirmed
J P Aviation Services Pvt Ltd BG CRISIL A4+ 100 Reaffirmed
J. K. Jain Contractor BG CRISIL A4+ 40 Reaffirmed
Jay Jagdamba Forgings Pvt Ltd BG CRISIL A4+ 2.5 Reaffirmed
Jay Jagdamba Ltd BG CRISIL A3 10
Downgraded from 'CRISIL A3+'
Jay Jagdamba Ltd Foreign CRISIL A3 498
Discounting Bill
Purchase
Downgraded from 'CRISIL A3+'
Jay Jagdamba Ltd Letter Of GuaranteeCRISIL A3 15
Downgraded from 'CRISIL A3+'
Jay Jagdamba Ltd LOC CRISIL A3 170
Downgraded from 'CRISIL A3+'
Jay Jagdamba Ltd Packing Credit CRISIL A3 1312
Downgraded from 'CRISIL A3+'
Jay Jagdamba Profile Pvt Ltd BG CRISIL A4+ 5
Downgraded from 'CRISIL A3'
Jay Jagdamba Profile Pvt Ltd Export Bill CRISIL A4+ 30
Purchase
-Discounting
Downgraded from 'CRISIL A3'
Jay Jagdamba Profile Pvt Ltd Packing Credit CRISIL A4+ 50
Downgraded from 'CRISIL A3'
Juneja Construction Pvt. Ltd. BG CRISIL A4+ 68 Reaffirmed
K. T. M. Maligai Overdraft CRISIL A4 60
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
KCP Engineers Pvt Ltd BG CRISIL A3 30 Reaffirmed
Keshava Fabrics Pvt Ltd BG CRISIL A4 6.7
Issuer Not Cooperating
Keshava Fabrics Pvt Ltd LOC CRISIL A4 10
Issuer Not Cooperating
KGK Diamonds (I) Pvt. Ltd. Post Shipment CRISIL A3+ 1500 Reaffirmed
Credit#
#Includes a sub limit of Rs. 60 crore of Packing Credit, Rs. 15 crore of Cash Credit, Rs. 15
crore of Working Capital Demand Loan and Rs. 75 crore of Bill Discounting of DDA sales
KGK Diamonds (I) Pvt. Ltd. Post Shipment CRISIL A3+ 90 Reaffirmed
Credit^
^Includes a sub limit of Packing Credit of Rs. 4.50 crore
Kodibail Import Export Pvt Ltd Foreign LOC CRISIL A4 20
Issuer Not Cooperating
MA Mahamaya Rice Mill Pvt Ltd BG CRISIL A4 2.4
Issuer Not Cooperating
Manoj Cables Ltd BG CRISIL A4 50
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
Motherson Sumi Systems Ltd LOC & BG CRISIL A1+ 1000 Reaffirmed
Motherson Sumi Systems Ltd Overdraft@@ CRISIL A1+ 800 Reaffirmed
@@Interchangeable with Working Capital Demand Loan, Packing Credit in Foreign Currency and
Export Bill Discounting
Motherson Sumi Systems Ltd Overdraft@ CRISIL A1+ 450 Reaffirmed
@ Interchangeable with short term loan and Packing Credit in Foreign Currency
Motherson Sumi Systems Ltd CP Programme CRISIL A1+ 1500 Reaffirmed
Nandanam Sanitaries LOC CRISIL A4 120
Issuer Not Cooperating
Naran Lala Pvt Ltd BG CRISIL A4+ 50 Reaffirmed
Naran Lala Pvt Ltd Proposed BG CRISIL A4+ 70 Reaffirmed
Nui Pulp and Paper Industries Pvt Ltd Bill Discounting CRISIL A4 50
under LOC
Issuer Not Cooperating
Nui Pulp and Paper Industries Pvt Ltd Packing Credit in CRISIL A4 40
Foreign Currency
Issuer Not Cooperating
Nui Pulp and Paper Industries Pvt Ltd Proposed ST Bk CRISIL A4 20
Loan Fac
Issuer Not Cooperating
Oswal Minerals Ltd Inland/Import LOC CRISIL A3 80 Reaffirmed
Ozone Research and Applications India BG CRISIL A4+ 22.5 Reaffirmed
Pvt Ltd
Prakash Flexibles Pvt Ltd LOC CRISIL A4+ 11.5 Reaffirmed
R. M. Katore BG CRISIL A4 20
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
R. M. Katore Proposed BG CRISIL A4 15
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
R.S. Infra - Transmission Ltd BG CRISIL A4+ 50 Reaffirmed
R.S. Infra - Transmission Ltd LOC CRISIL A4+ 300 Reaffirmed
Raghunath Exports Company Foreign Bill CRISIL A4 60 Reaffirmed
Purchase
Raghunath Exports Company Packing Credit CRISIL A4 40 Reaffirmed
Sanariya Ceramic LLP Proposed BG CRISIL A4 8.5 Reaffirmed
Sandoz Merchants Pvt Ltd BG CRISIL A4 30
Issuer Not Cooperating
Sento Vitrified LLP BG CRISIL A4+ 11
Upgraded from 'CRISIL A4'
Shanti Enggicon Pvt Ltd BG CRISIL A3 480 Reaffirmed
Sharp Tanks and Structurals Pvt Ltd BG CRISIL A4 260
Issuer Not Cooperating
Sharp Tanks and Structurals Pvt Ltd LOC CRISIL A4 50
Issuer Not Cooperating
Shree Jay Jagdamba Flanges Pvt Ltd BG CRISIL A4+ 2.5 Reaffirmed
Shree Jay Jagdamba Flanges Pvt Ltd Foreign CRISIL A4+ 37.5 Reaffirmed
Discounting Bill
Purchase
Shree Jay Jagdamba Flanges Pvt Ltd Packing Credit in CRISIL A4+ 73 Reaffirmed
Foreign Currency
Sonas - Bangalore BG CRISIL A4 10
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
South City Projects (Kolkata) Ltd BG CRISIL A4 123.6
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
South City Projects (Kolkata) Ltd Overdraft CRISIL A4 280
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
Spark Electricals & Projects Pvt Ltd BG CRISIL A4+ 27 Reaffirmed
SPI Industries Pvt Ltd LOC CRISIL A4 100
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
Sri Balaji Timber Traders LOC CRISIL A4 100 Reaffirmed
Sri Durga Automotives BG CRISIL A4 30.5
Issuer Not Cooperating; Revised from 'CRISIL A4+ Issuer Not Cooperating'
Sri Siddhi Freezers and Exporters Pvt Overdraft CRISIL A4 1
Ltd
Issuer Not Cooperating
Sri Siddhi Freezers and Exporters Pvt Packing Credit CRISIL A4 130
Ltd
Issuer Not Cooperating
Sushee Hi-Tech Projects Pvt Ltd BG CRISIL A4 168 Reaffirmed
Issuer Not Cooperating
Sushee Hi-Tech Projects Pvt Ltd Overdraft CRISIL A4 80 Reaffirmed
Issuer Not Cooperating
Svatantra Micro Housing Finance ST Debt Issue CRISIL A1+ 1000 Reaffirmed
Corporation Ltd
Svatantra Microfin Pvt Ltd ST Debt Issue CRISIL A1+ 1000 Reaffirmed
Tata Power Solar Systems Ltd LOC & BG CRISIL A1+ 15200
Upgraded from 'CRISIL A1'
Tata Power Solar Systems Ltd CP# CRISIL A1+ 6000
Reassigned from 'CRISIL A1+ (SO)'; #Guaranteed by Tata Power Company Ltd
Theji Electrical BG CRISIL A4+ 85 Reaffirmed
UPL Ltd LOC & BG CRISIL A1+ 6500 Reaffirmed
UPL Ltd CP CRISIL A1+ 13500 Reaffirmed
(Enhanced from Rs.1000 Crore)
Vishwakarma Scales Pvt Ltd BG CRISIL A4 15 Reaffirmed
LONG TERM RATINGS:
-------------------
Amar Brothers Global Pvt Ltd Proposed LT Bk CRISIL BB+/ 17.2 Reaffirmed
Loan Fac Stable
Amar Brothers Global Pvt Ltd Standby Line of CRISIL BB+/ 10.3 Reaffirmed
Credit Stable
Chemtrols Samil India Pvt Ltd CC CRISIL B-/ 80 Reaffirmed
Stable
Ess Kay Fincorp Ltd NCD CRISIL A/ 1000 Assigned
Stable
Ess Kay Fincorp Ltd NCD CRISIL A/ 1000 Reaffirmed
Stable
Ess Kay Fincorp Ltd NCD CRISIL A/ 1500 Reaffirmed
Stable
Ess Kay Fincorp Ltd NCD CRISIL A/ 3000 Reaffirmed
Stable
Ess Kay Fincorp Ltd LT Principal CRISIL PP-MLD 500 Reaffirmed
Protected Market Ar/ Stable
Linked Debentures
G. V Pratap Reddy CC CRISIL B+/ 20
Stable
Issuer Not Cooperating
G. V Pratap Reddy Proposed LT Bk CRISIL B+/ 40
Loan Fac Stable
Issuer Not Cooperating
Gajanan Industries Ltd CC CRISIL B+/ 250
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB/Stable Issuer Not Cooperating'
Gehlot Enterprises Pvt Ltd CC CRISIL BB+/ 320 Reaffirmed
Stable
Gehlot Enterprises Pvt Ltd LT Loan CRISIL BB+/ 40 Reaffirmed
Stable
Gehlot Enterprises Pvt Ltd Proposed CC Limit CRISIL BB+/ 48 Reaffirmed
Stable
Goodway Chemicals Pvt Ltd CC CRISIL BB/ 130 Reaffirmed
Stable
Goodway Chemicals Pvt Ltd Proposed FB Bk CRISIL BB/ 20 Reaffirmed
Limits Stable
Gulf Engineers and Constructors Pvt Ltd CC CRISIL BB/ 80 Reaffirmed
Stable
Gulf Engineers and Constructors Pvt Ltd Standby Line of CRISIL BB/ 15 Assigned
Credit Stable
GVK Biosciences Pvt Ltd External CRISIL A+/ 550
Commercial Positive
Borrowings
Outlook revised from 'Stable' and rating reaffirmed
GVK Biosciences Pvt Ltd Foreign Currency TLCRISIL A+/ 21.3
Positive
Outlook revised from 'Stable' and rating reaffirmed
GVK Biosciences Pvt Ltd Proposed LT Bk CRISIL A+/ 470.7
Loan Fac Positive
Outlook revised from 'Stable' and rating reaffirmed
GVK Biosciences Pvt Ltd WC Fac* CRISIL A+/ 908
Positive
Outlook revised from 'Stable' and rating reaffirmed ; *Fully interchangeable with letter of
credit/buyers' credit/bank guarantee
GVK Biosciences Pvt Ltd WC Fac CRISIL A+/ 400
Positive
Outlook revised from 'Stable' and rating reaffirmed
GVK Biosciences Pvt Ltd TL CRISIL A+/ 500
Positive
Outlook revised from 'Stable' and rating reaffirmed
GVK Biosciences Pvt Ltd NCD CRISIL A+/ 750 Assigned
Positive
HCO Infrastructure BG CRISIL D 20.2 Reaffirmed
Issuer Not Cooperating
HCO Infrastructure CC CRISIL D 13 Reaffirmed
Issuer Not Cooperating
HCO Infrastructure LT Loan CRISIL D 38 Reaffirmed
Issuer Not Cooperating
HCO Infrastructure Proposed LT Bk CRISIL D 8.8 Reaffirmed
Loan Fac
Issuer Not Cooperating
Hi-Tech Pipes Ltd CC CRISIL BBB+/ 1475 Reaffirmed
Positive
Hi-Tech Pipes Ltd LT Loan CRISIL BBB+/ 235 Reaffirmed
Positive
HMM Infra Ltd CC CRISIL BBB-/ 180 Reaffirmed
Stable
HMM Infra Ltd TL CRISIL BBB-/ 14 Reaffirmed
Stable
J P Aviation Services Pvt Ltd CC CRISIL BB/ 80 Reaffirmed
Stable
J. K. Jain Contractor CC CRISIL BB-/ 20 Reaffirmed
Stable
Jay Jagdamba Forgings Pvt Ltd CC CRISIL BB+/ 50
Negative
Outlook revised from 'Stable' and rating reaffirmed
Jay Jagdamba Forgings Pvt Ltd TL CRISIL BB+/ 160
Negative
Outlook revised from 'Stable' and rating reaffirmed
Jay Jagdamba Ltd CC CRISIL BBB-/ 1120
Negative
Downgraded from 'CRISIL BBB/Stable'
Jay Jagdamba Ltd TL CRISIL BBB-/ 375
Negative
Downgraded from 'CRISIL BBB/Stable'
Jay Jagdamba Profile Pvt Ltd CC CRISIL BB+/ 100
Negative
Downgraded from 'CRISIL BBB-/Stable'
Jay Jagdamba Profile Pvt Ltd Proposed LT Bk CRISIL BB+/ 3.9
Loan Fac Negative
Downgraded from 'CRISIL BBB-/Stable'
Jay Jagdamba Profile Pvt Ltd TL CRISIL BB+/ 136.1
Negative
Downgraded from 'CRISIL BBB-/Stable'
Juneja Construction Pvt. Ltd. CC CRISIL BB-/ 30 Reaffirmed
Stable
K. T. M. Maligai Proposed LT Bk CRISIL B+/ 30
Loan Fac Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Kakumanu Seeds Drop Line CRISIL B+/ 28.7
Overdraft Fac Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Kakumanu Seeds Proposed LT Bk CRISIL B+/ 43.8
Loan Fac Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
KCP Engineers Pvt Ltd Overdraft CRISIL BBB-/ 300 Reaffirmed
Stable
KCP Engineers Pvt Ltd Proposed BG CRISIL BBB-/ 20 Reaffirmed
Stable
Keshava Fabrics Pvt Ltd CC CRISIL B+/ 50
Stable
Issuer Not Cooperating
Keshava Fabrics Pvt Ltd LT Loan CRISIL B+/ 30
Stable
Issuer Not Cooperating
Keshava Fabrics Pvt Ltd Proposed LT Bk CRISIL B+/ 32.7
Loan Fac Stable
Issuer Not Cooperating
KGK Creations (India) Pvt. Ltd. CC* CRISIL BBB/ 150 Reaffirmed
Negative
* Includes a sublimit of Working Capital Demand Loan of Rs.15 crore or equivalent USD & also
includes sub limit of Rs. 15 crore of Gold Loan.
KGK Creations (India) Pvt. Ltd. CC & WC demand CRISIL BBB/ 150 Reaffirmed
loan# Negative
# Includes a sublimit of Bank Guarantee / standby letter of credit / Buyers's credit of Rs.5
crore and overdraft of Rs.15 crore
KGK Creations (India) Pvt. Ltd. Overdraft^ CRISIL BBB/ 230 Reaffirmed
Negative
^ Includes a sublimit of pre & post shipment financing of Rs.3 crore each, standby letter of
credit of Rs.15 crore, Gold Metal loan of Rs. 13.5 crore and Bank Guarant
KGK Creations (India) Pvt. Ltd. Proposed LT Bk CRISIL BBB/ 370 Reaffirmed
Loan Fac Negative
KGK Diamonds (I) Pvt. Ltd. Post Shipment CRISIL BBB/ 7200 Reaffirmed
Credit* Negative
*Includes a sub limit of Packing Credit of Rs. 360 crore, Rs. 720 crore of Packing Credit
against Unfinanced and non-overdue DDA & export bills and Rs. 150 crore of CC/WCDL against
domestic bills.
KGK Diamonds (I) Pvt. Ltd. Proposed FB Bk CRISIL BBB/ 210 Reaffirmed
Limits Negative
KHR Infrastructures Pvt Ltd Proposed LT Bk CRISIL B+/ 64.3
Loan Fac Stable
Issuer Not Cooperating
KHR Infrastructures Pvt Ltd TL CRISIL B+/ 10.7
Stable
Issuer Not Cooperating
Kodibail Import Export Pvt Ltd CC CRISIL B/ 40
Stable
Issuer Not Cooperating
Krishna Global Industries CC CRISIL B+/ 52.5
Stable
Downgraded from 'CRISIL BB-/Stable'
Krishna Global Industries Proposed LT Bk CRISIL B+/ 77.5
Loan Fac Stable
Downgraded from 'CRISIL BB-/Stable'
Kumar Audyogik Vikas Pvt Ltd CC CRISIL B-/ 160
Stable
Issuer Not Cooperating
Kumar Audyogik Vikas Pvt Ltd TL CRISIL B-/ 30
Stable
M/S. Dipak J. Bhivare BG CRISIL D 15 Reaffirmed
Issuer Not Cooperating
M/S. Dipak J. Bhivare CC CRISIL D 105 Reaffirmed
Issuer Not Cooperating
M/S. Dipak J. Bhivare Proposed LT Bk CRISIL D 1.2 Reaffirmed
Loan Fac
Issuer Not Cooperating
MA Mahamaya Rice Mill Pvt Ltd CC CRISIL B/ 60
Stable
Issuer Not Cooperating
MA Mahamaya Rice Mill Pvt Ltd TL CRISIL B/ 19
Stable
Issuer Not Cooperating
Makson Industries Pvt Ltd CC CRISIL B+/ 70
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB+/Stable Issuer Not Cooperating'
Makson Industries Pvt Ltd TL CRISIL B+/ 8.2
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB+/Stable Issuer Not Cooperating'
Makson Industries Pvt Ltd WC TL CRISIL B+/ 29.2
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB+/Stable Issuer Not Cooperating'
Manoj Cables Ltd CC CRISIL B+/ 300
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Manoj Cables Ltd Standby Line of CRISIL B+/ 30
Credit Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Motherson Sumi Systems Ltd CC$ CRISIL AA+/ 650 Reaffirmed
Stable
$ Interchangeable with Working Capital Demand Loan, Usance Letter of Credit, Pre and post
shipment limit
Motherson Sumi Systems Ltd CC& CRISIL AA+/ 400 Reaffirmed
Stable
& Interchangeable with Foreign Bill Discounting, Packing Credit in Foreign Currency and Line of
credit for short term loans
Motherson Sumi Systems Ltd CC% CRISIL AA+/ 400 Reaffirmed
Stable
%Interchangeable with Working Capital Demand Loan
Motherson Sumi Systems Ltd CC# CRISIL AA+/ 300 Reaffirmed
Stable
#Interchangeable with Export Packing Credit, Foreign Bill Discounting and Foreign Bill Purchase
Motherson Sumi Systems Ltd CC* CRISIL AA+/ 2500 Reaffirmed
Stable
*Interchangeable with Working Capital Demand Loan, Packing Credit in Foreign Currency, Foreign
Bill Purchase
Motherson Sumi Systems Ltd Foreign Currency TLCRISIL AA+/ 5521.4 Reaffirmed
Stable
Motherson Sumi Systems Ltd LT Loan CRISIL AA+/ 5854.4 Reaffirmed
Stable
Motherson Sumi Systems Ltd Proposed LT Bk CRISIL AA+/ 504.2 Reaffirmed
Loan Fac Stable
M-Tek Engineers CC CRISIL BB-/ 62
Stable
Downgraded from 'CRISIL BB/Stable'
M-Tek Engineers TL CRISIL BB-/ 18.6
Stable
Downgraded from 'CRISIL BB/Stable'
Mukti Firms Pvt Ltd CC CRISIL B-/ 25
Stable
Issuer Not Cooperating
Mukti Firms Pvt Ltd LT Loan CRISIL B-/ 49
Stable
Issuer Not Cooperating
Mukti Firms Pvt Ltd WC Fac CRISIL B-/ 5
Stable
Issuer Not Cooperating
Mustang Services Open CC CRISIL B+/ 60
Stable
Issuer Not Cooperating
Mustang Services Proposed LT Bk CRISIL B+/ 30
Loan Fac Stable
Issuer Not Cooperating
Muthuraja Modern Rice Mill CC CRISIL B+/ 30
Stable
Issuer Not Cooperating
Muthuraja Modern Rice Mill Proposed LT Bk CRISIL B+/ 10
Loan Fac Stable
Issuer Not Cooperating
Muthuraja Modern Rice Mill TL CRISIL B+/ 10
Stable
Issuer Not Cooperating
Nandanam Sanitaries CC CRISIL B+/ 125
Stable
Issuer Not Cooperating
Nandanam Sanitaries Proposed LT Bk CRISIL B+/ 20.5
Loan Fac Stable
Issuer Not Cooperating
Nandanam Sanitaries TL CRISIL B+/ 34.5
Stable
Issuer Not Cooperating
Naran Lala Pvt Ltd CC CRISIL BB/ 30
Stable
Upgraded from 'CRISIL BB-/Stable'
Naveen Hotels Ltd LT Loan CRISIL BB+/ 400
Stable
Migrated from 'CRISIL BB+/Stable Issuer Not Cooperating'
Oswal Minerals Ltd CC CRISIL BBB-/ 1390 Reaffirmed
Stable
Ozone Research and Applications India CC CRISIL BB-/ 50 Reaffirmed
Pvt Ltd Stable
Prakash Flexibles Pvt Ltd CC CRISIL BB+/ 51.5 Reaffirmed
Stable
Prakash Flexibles Pvt Ltd LT Loan CRISIL BB+/ 37 Reaffirmed
Stable
R. M. Katore CC CRISIL B+/ 46
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB/Stable Issuer Not Cooperating'
R.S. Infra - Transmission Ltd CC CRISIL BB+/ 180 Reaffirmed
Stable
R.S. Infra - Transmission Ltd Channel Financing CRISIL BB+/ 120 Reaffirmed
Stable
R.S. Infra - Transmission Ltd TL CRISIL BB+/ 50 Reaffirmed
Stable
RM Dairy Products LLP CC CRISIL B+/ 80
Stable
Issuer Not Cooperating
RM Dairy Products LLP TL CRISIL B+/ 149
Stable
Issuer Not Cooperating
S S M Foundation Trust For Educational LT Loan CRISIL D 44
and Social Development
Issuer Not Cooperating
S S M Foundation Trust For Educational Overdraft CRISIL D 16
and Social Development
Issuer Not Cooperating
S.K.P.V.V. Hindu High Schools Committee LT Loan CRISIL B+/ 20
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB/Stable Issuer Not Cooperating'
S.K.P.V.V. Hindu High Schools Committee Secured Overdraft CRISIL B+/ 80
Fac Stable
Issuer Not Cooperating; Revised from 'CRISIL BB/Stable Issuer Not Cooperating'
Saffron Resources Pvt Ltd CC CRISIL B+/ 67.5
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB+/Stable Issuer Not Cooperating'
Samarpan Laminates CC CRISIL B+/ 30
Stable
Issuer Not Cooperating
Samarpan Laminates Proposed LT Bk CRISIL B+/ 15.9
Loan Fac Stable
Issuer Not Cooperating
Samarpan Laminates TL CRISIL B+/ 4.1
Stable
Issuer Not Cooperating
Sanariya Ceramic LLP Proposed CC Limit CRISIL B+/ 30 Reaffirmed
Stable
Sanariya Ceramic LLP Proposed TL CRISIL B+/ 57 Reaffirmed
Stable
Sancheti Ornaments Pvt Ltd CC CRISIL D 180
Issuer Not Cooperating
Sandoz Merchants Pvt Ltd CC CRISIL B+/ 35
Stable
Issuer Not Cooperating
Santhiram Wind Power Pvt Ltd LT Loan CRISIL B+/ 75
Stable
Issuer Not Cooperating
Sardar Industries CC CRISIL B+/ 80
Stable
Issuer Not Cooperating
Sardar Industries Proposed LT Bk CRISIL B+/ 2.5
Loan Fac Stable
Issuer Not Cooperating
Sardar Industries TL CRISIL B+/ 17.5
Stable
Issuer Not Cooperating
Satyam Ispat (North East) Ltd BG CRISIL D 5
Issuer Not Cooperating
Satyam Ispat (North East) Ltd CC CRISIL D 209
Issuer Not Cooperating
Satyam Ispat (North East) Ltd LOC CRISIL D 95
Issuer Not Cooperating
Satyam Ispat (North East) Ltd Proposed TL CRISIL D 92
Issuer Not Cooperating
Satyam Ispat (North East) Ltd WC TL CRISIL D 139
Issuer Not Cooperating
Sento Vitrified LLP CC CRISIL BB-/ 70
Stable
Upgraded from 'CRISIL B+/Stable'
Sento Vitrified LLP TL CRISIL BB-/ 170
Stable
Upgraded from 'CRISIL B+/Stable'
SGM Packaging Industries BG CRISIL D 12.5
Issuer Not Cooperating
SGM Packaging Industries CC CRISIL D 35
Issuer Not Cooperating
SGM Packaging Industries LOC CRISIL D 2.5
Issuer Not Cooperating
SGM Packaging Industries Proposed LT Bk CRISIL D 20
Loan Fac
Issuer Not Cooperating
SGM Packaging Industries TL CRISIL D 5
Issuer Not Cooperating
Shanti Enggicon Pvt Ltd CC CRISIL BBB-/ 70 Reaffirmed
Stable
Sharp Tanks and Structurals Pvt Ltd CC CRISIL B+/ 70
Stable
Issuer Not Cooperating
Shiv-Raj Plastics Pvt Ltd CC CRISIL B+/ 40
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB/Stable Issuer Not Cooperating'
Shiv-Raj Plastics Pvt Ltd TL CRISIL B+/ 45
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB/Stable Issuer Not Cooperating'
Shree Jay Jagdamba Flanges Pvt Ltd CC CRISIL BB+/ 37.5
Negative
Outlook revised from 'Stable' and rating reaffirmed
Shree Jay Jagdamba Flanges Pvt Ltd TL CRISIL BB+/ 119.5
Negative
Outlook revised from 'Stable' and rating reaffirmed
Shree Rajendra Agro Industries CC CRISIL B+/ 90
Stable
Issuer Not Cooperating
Shree Rajveer Polyfab Pvt Ltd CC CRISIL BB-/ 37 Reaffirmed
Stable
Shree Rajveer Polyfab Pvt Ltd LT Loan CRISIL BB-/ 53 Reaffirmed
Stable
Shri Basaveshwar Veerashaiva Proposed LT Bk CRISIL BBB-/ 30
Vidayavardhak Sangha Loan Fac Stable
Upgraded from 'CRISIL BB+/Stable'
Shyamsundar Satyanarayan Textiles Pvt CC CRISIL BB/ 200 Reaffirmed
Ltd Stable
Siddham Jewels Pvt Ltd CC CRISIL D 50
Issuer Not Cooperating
Siddham Jewels Pvt Ltd Proposed LT Bk CRISIL D 50
Loan Fac
Issuer Not Cooperating
Sindhujaa Residency Proposed LT Bk CRISIL B+/ 50
Loan Fac Stable
Issuer Not Cooperating
Sivaram Yarns Pvt Ltd CC CRISIL D 90
Issuer Not Cooperating
Sivaram Yarns Pvt Ltd LT Loan CRISIL D 155
Issuer Not Cooperating
SK. Chan Basha and Co Bill Discounting CRISIL D 82.5
under LOC
Issuer Not Cooperating
SK. Chan Basha and Co CC CRISIL D 50
Issuer Not Cooperating
Skandashree Jewel Creations BG CRISIL D 10
Issuer Not Cooperating
Skandashree Jewel Creations CC CRISIL D 90
Issuer Not Cooperating
Sonas - Bangalore CC CRISIL B+/ 60
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Sonas - Bangalore WC Demand Loan CRISIL B+/ 10
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
South City Projects (Kolkata) Ltd TL CRISIL B+/ 857.7
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB+/Stable Issuer Not Cooperating'
Spark Electricals & Projects Pvt Ltd Overdraft CRISIL BB-/ 40 Reaffirmed
Stable
SPI Industries Pvt Ltd CC CRISIL B+/ 30
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB+/Stable Issuer Not Cooperating'
SPI Industries Pvt Ltd Proposed LT Bk CRISIL B+/ 80
Loan Fac Stable
Issuer Not Cooperating; Revised from 'CRISIL BB+/Stable Issuer Not Cooperating'
Sree Bhaghyajyothi Agro Foods CC CRISIL B+/ 90
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Sree Bhaghyajyothi Agro Foods Key CC CRISIL B+/ 45
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Sri Balaji Timber Traders CC CRISIL B/ 10 Reaffirmed
Stable
Sri Durga Automotives CC CRISIL B+/ 145
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Sri Siddhi Freezers and Exporters Pvt Proposed LT Bk CRISIL B+/ 4
Ltd Loan Fac Stable
Issuer Not Cooperating
Srikara Packaging Pvt Ltd CC CRISIL D 40
Issuer Not Cooperating
Srikara Packaging Pvt Ltd LT Loan CRISIL D 50
Issuer Not Cooperating
Starwood Techno Industries Pvt Ltd CC CRISIL D 47
Issuer Not Cooperating
Starwood Techno Industries Pvt Ltd Proposed LT Bk CRISIL D 3
Loan Fac
Issuer Not Cooperating
Starwood Techno Industries Pvt Ltd TL CRISIL D 40
Issuer Not Cooperating
Suma Foods Pvt Ltd CC CRISIL D 80
Issuer Not Cooperating
Suma Foods Pvt Ltd TL CRISIL D 77.9
Issuer Not Cooperating
Sunrise Foam Product Pvt Ltd CC CRISIL B+/ 72
Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Sunrise Foam Product Pvt Ltd Proposed LT Bk CRISIL B+/ 10.5
Loan Fac Stable
Issuer Not Cooperating; Revised from 'CRISIL BB-/Stable Issuer Not Cooperating'
Sushee Hi-Tech Projects Pvt Ltd CC CRISIL B+/ 2 Reaffirmed
Stable
Issuer Not Cooperating
Suvidhi Rayons Pvt Ltd CC CRISIL BB+/ 100 Assigned
Stable
Svatantra Micro Housing Finance Proposed LT Bk CRISIL A+/ 5500 Reaffirmed
Corporation Ltd Loan Fac Stable
Svatantra Micro Housing Finance NCD CRISIL A+/ 531 Assigned
Corporation Ltd Stable
Svatantra Microfin Pvt Ltd Proposed LT Bk CRISIL A+/ 10500 Reaffirmed
Loan Fac Stable
Svatantra Microfin Pvt Ltd TL CRISIL A+/ 4500 Reaffirmed
Stable
Svatantra Microfin Pvt Ltd NCD CRISIL A+/ 750 Assigned
Stable
Tata Power Solar Systems Ltd CC* CRISIL AA-/ 6600
Positive
Upgraded from 'CRISIL A+/Positive' ; *Fully interchangeable with letter of credit and bank
guarantee
Team Interventure Exports India Pvt Ltd Foreign Bill CRISIL D 1270
Purchase
Issuer Not Cooperating
Team Interventure Exports India Pvt Ltd Proposed ST Bk CRISIL D 130
Loan Fac
Issuer Not Cooperating
Texas Lifestyle Furniture Pvt Ltd BG CRISIL D 10
Issuer Not Cooperating
Texas Lifestyle Furniture Pvt Ltd CC CRISIL D 30
Issuer Not Cooperating
Texas Lifestyle Furniture Pvt Ltd LT Loan CRISIL D 43
Issuer Not Cooperating
Texas Lifestyle Furniture Pvt Ltd Proposed LT Bk CRISIL D 3
Loan Fac
Issuer Not Cooperating
Theji Electrical CC CRISIL BB-/ 65 Reaffirmed
Stable
Thrive Solar Energy Pvt Ltd BG CRISIL D 5
Issuer Not Cooperating
Thrive Solar Energy Pvt Ltd CC CRISIL D 170
Issuer Not Cooperating
Thrive Solar Energy Pvt Ltd LOC CRISIL D 20
Issuer Not Cooperating
Thrive Solar Energy Pvt Ltd Proposed LT Bk CRISIL D 37
Loan Fac
Issuer Not Cooperating
Tirupati Basmati Exports Pvt Ltd CC CRISIL D 435
Issuer Not Cooperating
Tirupati Basmati Exports Pvt Ltd Export Packing CRISIL D 520
Credit
Issuer Not Cooperating
Tirupati Basmati Exports Pvt Ltd Foreign Bill CRISIL D 175
Purchase
Issuer Not Cooperating
Tirupati Basmati Exports Pvt Ltd Foreign Exchange CRISIL D 50
Forward
Issuer Not Cooperating
Tirupati Basmati Exports Pvt Ltd Proposed LT Bk CRISIL D 35
Loan Fac
Issuer Not Cooperating
Tirupati Basmati Exports Pvt Ltd Standby Line of CRISIL D 105
Credit
Issuer Not Cooperating
Tirupati Basmati Exports Pvt Ltd TL CRISIL D 80
Issuer Not Cooperating
Track Components Ltd BG CRISIL D 7.5
Issuer Not Cooperating
Track Components Ltd CC CRISIL D 775
Issuer Not Cooperating
Track Components Ltd LOC CRISIL D 310
Issuer Not Cooperating
Track Components Ltd TL CRISIL D 307.5
Issuer Not Cooperating
Trimurti Flour Mill Pvt Ltd CC - Book Debt CRISIL C 15
Issuer Not Cooperating
Trimurti Flour Mill Pvt Ltd CC-Stock CRISIL C 45
Issuer Not Cooperating
Trimurti Flour Mill Pvt Ltd TL CRISIL C 30
Issuer Not Cooperating
UPL Ltd CC# CRISIL AA+/ 11500 Reaffirmed
Negative
#Fully interchangeable between cash credit, working capital demand loan, foreign currency
non-resident (Bank) loans, packing credit in INR, packing credit in foreign currency, export
bill discounting in INR and foreign currency, buyer's credit for imports and domestic purchases,
and domestic sales bill discounting.
UPL Ltd Proposed CC Limit CRISIL AA+/ 5000 Reaffirmed
Negative
UPL Ltd Proposed LT Bk CRISIL AA+/ 2000 Reaffirmed
Loan Fac** Negative
**It can be converted into Non-Fund based facilities.
UPL Ltd NCD CRISIL AA+/ 5000 Reaffirmed
Negative
Urvarak Abhikaran Neemuch Pvt Ltd BG CRISIL D 35
Issuer Not Cooperating
Urvarak Abhikaran Neemuch Pvt Ltd CC CRISIL D 60
Issuer Not Cooperating
Urvarak Abhikaran Neemuch Pvt Ltd Proposed LT Bk CRISIL D 67.5
Loan Fac
Issuer Not Cooperating
Veekay Polycoats Ltd CC CRISIL D 665
Issuer Not Cooperating
Veekay Polycoats Ltd LOC CRISIL D 660
Issuer Not Cooperating
Veekay Polycoats Ltd Proposed LT Bk CRISIL D 443.9
Loan Fac
Issuer Not Cooperating
Veekay Polycoats Ltd TL CRISIL D 256.1
Issuer Not Cooperating
Veekay Polycoats Ltd WC TL CRISIL D 225
Issuer Not Cooperating
Vishal Infraglobal Pvt Ltd BG CRISIL D 470
Issuer Not Cooperating
Vishal Infraglobal Pvt Ltd CC CRISIL D 250
Issuer Not Cooperating
Vishwakarma Scales Pvt Ltd CC CRISIL B+/ 30
Stable
Upgraded from 'CRISIL B/Stable'
Vishwakarma Scales Pvt Ltd Proposed LT Bk CRISIL B+/ 55
Loan Fac Stable
Upgraded from 'CRISIL B/Stable'
--------------------------------------------------------------------------------------------
$: 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
rru.data@thomsonreuters.com)
Source: reuters
tags:
Indian debt instruments



