December 8, 2014 / 7:18 AM / 3 years ago

CRISIL ratings for Indian debt instruments-Dec 8

Dec 8 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of December 5 & 6, 2014.


COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Able Group Trading Contractors        BG                 CRISIL A4      15      Suspended
Ace Brain Systems and Software Pvt LtdBG                 CRISIL A4      35      Suspended
Ace Brain Systems and Software Pvt LtdLOC                CRISIL A4      30      Suspended
Ace Footmark Pvt Ltd                  LOC                CRISIL A4+     10      Suspended
Adsorbent Carbons Pvt Ltd             Export Packing     CRISIL A4+     37.5    Suspended
                                      Credit
Adsorbent Carbons Pvt Ltd             Foreign Bill       CRISIL A4+     17.5    Suspended
                                      Purchase
Adsorbent Carbons Pvt Ltd             LOC                CRISIL A4+     32.5    Suspended
Agarwal Coal Corporation Pvt Ltd      LOC                CRISIL A2+     6000    Reaffirmed
Akshay Insulated Conductors           BG                 CRISIL A4+     7.5     Suspended
Akshay Insulated Conductors           Foreign LOC        CRISIL A4+     37.5    Suspended
Algypug Enclosures Pvt Ltd            LOC & BG           CRISIL A4      5       Suspended
Alphamed Formulations Pvt Ltd         BG                 CRISIL A4      3       Suspended
Alphamed Formulations Pvt Ltd         LOC                CRISIL A4      2       Suspended
Amar Communication                    BG                 CRISIL A4+     210     Suspended
Ankit Ispat Pvt Ltd                   LOC                CRISIL A4      40      Suspended
Arqube Industries India Ltd           Packing Credit     CRISIL A4+     55      Suspended
Arqube Industries India Ltd           Proposed ST Bk     CRISIL A4+     37.5    Suspended
                                      Loan Fac
Arqube Industries India Ltd           Standby Line of    CRISIL A4+     7.5     Suspended
                                      Credit
B.B. Asia Impex Pvt Ltd               LOC                CRISIL A4+     75      Suspended
Baba Vishwakarma Engineering Co. Pvt  BG *               CRISIL A4+     30      Suspended
Ltd
* Fully interchangeable with letter of credit facility
Baba Vishwakarma Engineering Co. Pvt  WC Demand Loan     CRISIL A4+     15      Suspended
Ltd
Baby Marine Products                  Bill Discounting   CRISIL A4      60      Suspended
Baby Marine Products                  Packing Credit     CRISIL A4      80      Suspended
Balajee Ingot India Pvt Ltd           Standby Line of    CRISIL A4      5.8     Suspended
                                      Credit
Bambino Agro Industries Ltd           BG                 CRISIL A4+     10      Suspended
Bambino Agro Industries Ltd           LOC *              CRISIL A4+     31.5    Suspended
* Includes Letter of credit of Rs.6.5 million, interchangeable with bank guarantee
Belleze Ceramic pvt ltd               BG                 CRISIL A4      8.1     Suspended
Bhagyalaxmi Dairy Farms Pvt Ltd       Bill Purchase      CRISIL A4+     100     Suspended
                                      Discounting Fac
Bislania Agro Products Pvt Ltd        BG                 CRISIL A4      1       Suspended
BNR Infra and Leasing                 BG                 CRISIL A4      10      Suspended
Capital Enterprises                   BG                 CRISIL A4      50      Suspended
Capital Enterprises                   Proposed ST Bk     CRISIL A4      50      Suspended
                                      Loan Fac
Capricorn Oils Ltd                    BG                 CRISIL A4      6       Suspended
Capricorn Oils Ltd                    LOC                CRISIL A4      40      Suspended
Century Global Logistics Pvt Ltd      BG                 CRISIL A4      1       Suspended
Chemsol Labs Pvt Ltd                  LOC                CRISIL A4      17.5    Suspended
Chemsol Labs Pvt Ltd                  Proposed LOC       CRISIL A4      20      Suspended
Chennai Radha Engineering Works Pvt   BG @               CRISIL A2      200     Upgraded from
Ltd                                                                             CRISIL A3+
@Includes a sub-limit of Rs.100.00 million for letter of credit.
Chennai Radha Engineering Works Pvt LtBG ^               CRISIL A2      350     Upgraded from
                                                                                CRISIL A3+
^Includes a sub-limit of Rs.50.00 million for letter of credit.
Chennai Radha Engineering Works Pvt LtBG                 CRISIL A2      100     Assigned
Chhabra Ispat Pvt Ltd                 LOC                CRISIL A4      38      Suspended
Circuit System India Ltd              BG                 CRISIL A4+     5       Suspended
Circuit System India Ltd              LOC                CRISIL A4+     60      Suspended
Classic Microtech                     LOC                CRISIL A4      100     Suspended
Colossus Trade Links Ltd              BG                 CRISIL A4      10      Suspended
Deccan Strips and Tubes Pvt Ltd       BG                 CRISIL A4      10      Suspended
Diamour                               Export Post -      CRISIL A4      200     Suspended
                                      Shipment Credit*
* Includes sublimit of rs 60 million for export pre finance, of Rs 84 million for direct export
and rs 70 million for group export
Drishti Trade House                   LOC                CRISIL A4+     40      Suspended
Eldyne Electro-Systems Pvt Ltd        BG                 CRISIL A4+     47.2    Suspended
Eldyne Electro-Systems Pvt Ltd        LOC^               CRISIL A4+     2.5     Suspended
^One way interchangeability from Letter of Credit to Bank Guarantee.
Electro International Company         Bill Purchase      CRISIL A4      23      Suspended
Electro International Company         Packing Credit     CRISIL A4      23      Suspended
Emperor Timber Trader Pvt Ltd         LOC                CRISIL A4      140     Suspended
Entrust Granites Pvt Ltd              BG                 CRISIL A4      15      Suspended
Entrust Granites Pvt Ltd              Bill Purchase      CRISIL A4      5       Suspended
Entrust Granites Pvt Ltd              LOC                CRISIL A4      4.2     Suspended
Entrust Granites Pvt Ltd              Packing Credit **  CRISIL A4      5       Suspended
* *  includes sublimit of bill purchase of Rs. 2.5 million
Eshwari Petro-Tech Products Pvt Ltd   BG                 CRISIL A4      15      Suspended
Fairdeal Consumer Durables Pvt Ltd    BG                 CRISIL A4+     60      Reaffirmed
Five Network Solution India Ltd       BG                 CRISIL A4+     21      Suspended
Flower Knitting Mills                 Export Packing     CRISIL A4+     80      Suspended
                                      Credit
Flower Knitting Mills                 Foreign Bill       CRISIL A4+     40      Suspended
                                      Discounting
Flower Knitting Mills                 Standby Line of    CRISIL A4+     5       Suspended
                                      Credit

Fortune Automobiles India Pvt Ltd     Proposed Inventory CRISIL A4+     117     Suspended
                                      Funding
Garg Industries                       Foreign Usance     CRISIL A4      30      Suspended
                                      Bills Purchase -
                                      Discounting
Garg Industries                       Packing Credit *   CRISIL A4      40      Suspended
  * 25% interchangeable with Foreign Usance Bills Purchase - Discounting
Garg Industries                       Proposed Bill      CRISIL A4      10      Suspended
                                      Discounting Fac
Garg Industries                       Proposed Packing   CRISIL A4      20      Suspended
                                      Credit
General Engineering Infrabuild Pvt LtdBG                 CRISIL A4+     1.5     Suspended
General Engineering Infrabuild Pvt LtdLOC                CRISIL A4+     15      Suspended
Girish Enterprises Pvt Ltd            BG                 CRISIL A4      30      Reaffirmed
Handygo Technologies Pvt Ltd          BG                 CRISIL A4+     4       Suspended
Hari Om Udyog                         LOC                CRISIL A4+     15      Suspended
Hindustan Textiles (Kannur)           Foreign Bill       CRISIL A4      25      Suspended
                                      Purchase
Hindustan Textiles (Kannur)           Packing Credit     CRISIL A4      30      Suspended
Intemo Systems Ltd                    BG                 CRISIL D       25      Downgraded
                                                                                from CRISIL A4
Industrial Associates                 BG                 CRISIL A4+     17.7    Reaffirmed
INFINA Finance Pvt Ltd                ST Debt Issue*     CRISIL A1+     10000   Assigned
*Assigned for initial/ follow-on public offer financing on episodic basis
INFINA Finance Pvt Ltd                ST Debt            CRISIL A1+     1000    Reaffirmed
INFINA Finance Pvt Ltd                ST Debt Issue*     CRISIL A1+     20000   Withdrawal
*Assigned for initial/ follow-on public offer financing on episodic basis
INFINA Finance Pvt Ltd                ST Debt Issue*     CRISIL A1+     10000   Withdrawal
*Assigned for initial/ follow-on public offer financing on episodic basis
Kataria Carriers                      BG                 CRISIL A3      80      Upgraded from
                                                                                CRISIL A4+
Lonestar Industries                   BG                 CRISIL A3+     120     Reaffirmed
Medicare T P A Services I Pvt Ltd     BG                 CRISIL A4+     60      Reaffirmed
Netafim Irrigation India Pvt Ltd      CP                 CRISIL A1      300     Reaffirmed
Netafim Irrigation India Pvt Ltd      BG                 CRISIL A1      1065.6  Reaffirmed
Netafim Irrigation India Pvt Ltd      LOC                CRISIL A1      1800    Reaffirmed
Netafim Irrigation India Pvt Ltd      Overdraft Fac      CRISIL A1      50      Reaffirmed
Netafim Irrigation India Pvt Ltd      ST Loan            CRISIL A1      55      Reaffirmed
Nitin Fire Protection Industries Ltd  BG@                CRISIL A2+     590     Reaffirmed
@Interchangeable with letter of credit up to Rs.300 million
Nitin Fire Protection Industries Ltd  LOC                CRISIL A2+     1500    Reaffirmed
Nitin Fire Protection Industries Ltd  Proposed LOC       CRISIL A2+     100     Reaffirmed
Nitin Fire Protection Industries Ltd  Standby LOC        CRISIL A2+     1060    Reaffirmed
Omega Designs                         Bill Discounting   CRISIL A4+     47.5    Reaffirmed
Omega Designs                         LOC                CRISIL A4+     5       Reaffirmed
Omega Designs                         Packing Credit     CRISIL A4+     47.5    Reaffirmed
Omega Designs Pvt Ltd                 LOC                CRISIL A4      5       Assigned
PE Engineers Pvt Ltd                  Overdraft Fac      CRISIL A4+     15      Assigned
PE Engineers Pvt Ltd                  Bill Discounting   CRISIL A4+     15      Assigned
                                      under LOC
Pooja Cotspin Ltd                     BG                 CRISIL A3      8.2     Assigned
Santosh Overseas Ltd                  LOC & BG           CRISIL A3      20      Reaffirmed
SFP Sons India Pvt Ltd                LOC                CRISIL A3+     20      Reaffirmed
Sharmanji Yarns Pvt Ltd               BG                 CRISIL A2      15      Reaffirmed
Sharmanji Yarns Pvt Ltd               Foreign Exchange   CRISIL A2      7.1     Reaffirmed
                                      Forward
Sharmanji Yarns Pvt Ltd               LOC                CRISIL A2      10      Assigned
Sri Lakosha Polymer Pvt Ltd           LOC                CRISIL A4      150     Reaffirmed
Surana Organics                       Inland/Import LOC  CRISIL A4      15      Assigned
The Silppi Constructions Contractors  BG                 CRISIL A4      200     Assigned
Victory Precisions Pvt Ltd            BG                 CRISIL A4      4       Upgraded from
                                                                                CRISIL D
Victory Precisions Pvt Ltd            LOC                CRISIL A4      5       Upgraded from
                                                                                CRISIL D
Victory Precisions Pvt Ltd            Post Shipment      CRISIL A4      15      Upgraded from
                                      Credit*                                   CRISIL D
*Includes sublimit of packing credit to the extent of Rs.6 million
Victory Precisions Pvt Ltd            Standby Line of    CRISIL A4      5       Assigned
                                      Credit
3i Infotech Ltd                       CO                 CRISIL D       1000    Reaffirmed
3i Infotech Ltd                       CC                 CRISIL D       2580    Reaffirmed
3i Infotech Ltd                       ST Loan*           CRISIL D       1488.6  Reaffirmed
*Includes conversion of bank guarantee.
3i Infotech Ltd                       TL                 CRISIL D       9747.9  Reaffirmed

LONG TERM RATINGS:
-------------------
A to Z Builders and Developers        TL                 CRISIL B+      170     Suspended
A. U. Bhurawala                       CC                 CRISIL BB-     70      Suspended
Able Group Trading Contractors        CC                 CRISIL B       55      Suspended
Ace Brain Systems and Software Pvt LtdCC                 CRISIL B+      7.5     Suspended
Ace Footmark Pvt Ltd                  CC                 CRISIL BB-     70      Suspended
Ace Footmark Pvt Ltd                  TL                 CRISIL BB-     37.3    Suspended
Adsorbent Carbons Pvt Ltd             LT Loan            CRISIL BB+     30      Suspended
Agarwal Coal Corporation Pvt Ltd      CC                 CRISIL A-      650     Reaffirmed
Agarwal Coal Corporation Pvt Ltd      Overdraft Fac      CRISIL A-      450     Assigned
Agras Residency Pvt Ltd               LT Loan            CRISIL D       160     Suspended
Ajoy Modern Rice Mill Pvt Ltd         CC                 CRISIL D       160     Suspended
Ajoy Modern Rice Mill Pvt Ltd         Proposed LT Bk     CRISIL D       128.7   Suspended
                                      Loan Fac
Ajoy Modern Rice Mill Pvt Ltd         TL                 CRISIL D       28.3    Suspended
Akshay Insulated Conductors           CC                 CRISIL BB-     25      Suspended
Alaska Rubbers Pvt Ltd                CC                 CRISIL D       17.5    Suspended
Alaska Rubbers Pvt Ltd                LOC                CRISIL D       15      Suspended
Alaska Rubbers Pvt Ltd                LT Loan            CRISIL D       20.5    Suspended
Albeli Fashions Pvt Ltd               CC                 CRISIL B+      100     Suspended
Alfanzaw Knits Export                 CC                 CRISIL B-      32.5    Suspended
Alfanzaw Knits Export                 TL                 CRISIL B-      23.8    Suspended
Algypug Enclosures Pvt Ltd            CC                 CRISIL B-      12.5    Suspended
Algypug Enclosures Pvt Ltd            LT Loan            CRISIL B-      38.4    Suspended
Algypug Enclosures Pvt Ltd            Proposed CC Limit  CRISIL B-      10      Suspended
Algypug Enclosures Pvt Ltd            Proposed TL        CRISIL B-      6.2     Suspended
Alphamed Formulations Pvt Ltd         CC                 CRISIL B+      35      Suspended
Alphamed Formulations Pvt Ltd         Proposed LT Bk     CRISIL B+      49.5    Suspended
                                      Loan Fac
Alphamed Formulations Pvt Ltd         TL                 CRISIL B+      59      Suspended
Amar Communication                    CC                 CRISIL BB      10      Suspended
Ambal Modern Rice Mill                CC                 CRISIL B+      85      Suspended
Amiya Steel Pvt Ltd                   BG                 CRISIL D       8.4     Suspended
Amiya Steel Pvt Ltd                   CC                 CRISIL D       127     Suspended
Amiya Steel Pvt Ltd                   LT Loan            CRISIL D       80.73   Suspended
Ankit Ispat Pvt Ltd                   CC                 CRISIL B       130     Suspended
Ankit Ispat Pvt Ltd                   LT Loan            CRISIL B       30      Suspended
Ankit Ispat Pvt Ltd                   Proposed LT Bk     CRISIL B       10      Suspended
                                      Loan Fac
Anurag Poultry Farm                   CC                 CRISIL BB-     27      Suspended
Anurag Poultry Farm                   LT Loan            CRISIL BB-     33      Suspended
Aparimita Power Ventures Pvt Ltd      Proposed LT Bk     CRISIL B       180     Suspended
                                      Loan Fac
Arowana Exports                       CC                 CRISIL B-      95      Suspended
Ashutosh Automobiles                  CC                 CRISIL BB-     66      Suspended
Ashutosh Automobiles                  Proposed LT Bk     CRISIL BB-     9       Suspended
                                      Loan Fac
Aspi Cars Pvt Ltd                     CC                 CRISIL B+      100     Suspended
Auro Mira Bio Energy Pudukottai India CC                 CRISIL D       26.5    Suspended
Ltd
Auro Mira Bio Energy Pudukottai India LT Loan            CRISIL D       125.1   Suspended
Ltd
Auro Mira Bio Energy Pudukottai India Proposed LT Bk     CRISIL D       45.5    Suspended
Ltd                                   Loan Fac
Autobahn Enterprises Pvt Ltd          CC                 CRISIL BB-     200     Suspended
B.B. Asia Impex Pvt Ltd               CC                 CRISIL BB      50      Suspended
B.K. Print and Pack                   CC                 CRISIL D       70      Suspended
B.K. Print and Pack                   TL                 CRISIL D       93.5    Suspended
B.M. Malhotra and Sons Ltd            CC                 CRISIL BB-     50      Suspended
Baba Vishwakarma Engineering Co. Pvt LCC                 CRISIL BB-     65      Suspended
Baba Vishwakarma Engineering Co. Pvt LMedium TL          CRISIL BB-     1.9     Suspended
Balajee Ingot India Pvt Ltd           CC                 CRISIL B+      39.1    Suspended
Balajee Ingot India Pvt Ltd           Proposed CC Limit  CRISIL B+      5.1     Suspended
Balajee Ingot India Pvt Ltd           Proposed TL        CRISIL B+      30      Suspended
Balaji Action Buildwell               CC                 CRISIL A-      300     Assigned
Balaji Action Buildwell               CC                 CRISIL A-      500*    Assigned
*Includes Rs. 40 Million sublimit of LC/BG
Balaji Action Buildwell               TL                 CRISIL A-      450     Assigned

Balaji Ginning and Pressing Factory   CC *               CRISIL B+      60      Suspended
*Peak level (October to June) limit of Rs.80 million & Non-Peak Level
 (July to September) limit of Rs. 47.5 million. 
Balaji Ginning and Pressing Factory   Proposed LT Bk     CRISIL B+      3.5     Suspended
                                      Loan Fac
Balaji Ginning and Pressing Factory   TL                 CRISIL B+      26.5    Suspended
Bambino Agro Industries Ltd           CC                 CRISIL BB      350     Suspended
Bambino Agro Industries Ltd           TL                 CRISIL BB      268.5   Suspended
Belleze Ceramic pvt ltd               CC                 CRISIL B+      30      Suspended
Belleze Ceramic pvt ltd               Proposed LT Bk     CRISIL B+      0.4     Suspended
                                      Loan Fac
Belleze Ceramic pvt ltd               Rupee TL           CRISIL B+      11.5    Suspended
Beni Madhav Shiksha Samiti            TL                 CRISIL B       85      Suspended
Bhagyalaxmi Dairy Farms Pvt Ltd       CC                 CRISIL BB+     6       Suspended
Bhagyalaxmi Dairy Farms Pvt Ltd       TL                 CRISIL BB+     191.1   Suspended
Bhai Sahib and Son                    CC                 CRISIL B+      58.5    Suspended
Bholenath Foods Pvt Ltd               CC                 CRISIL BB-     340     Suspended
Bholenath Foods Pvt Ltd               Proposed LT Bk     CRISIL BB-     20      Suspended
                                      Loan Fac
Bhomia Button Pvt Ltd                 CC#                CRISIL BB-     80      Suspended
#includes Rs.1 million of bank guarantee
Bhomia Button Pvt Ltd                 TL                 CRISIL BB-     20      Suspended
Bio Needs                             CC                 CRISIL D       12.5    Suspended
Bio Needs                             LT Loan            CRISIL D       173     Suspended
Bio Needs                             Proposed LT Bk     CRISIL D       14.5    Suspended
                                      Loan Fac
Bislania Agro Products Pvt Ltd        CC                 CRISIL B       33      Suspended
Bislania Agro Products Pvt Ltd        TL                 CRISIL B       28.6    Suspended
BNR Infra and Leasing                 CC                 CRISIL B+      20      Suspended
BNR Infra and Leasing                 Proposed CC Limit  CRISIL B+      20      Suspended
Bommireddy Infra Projects Pvt Ltd     CC                 CRISIL D       60      Suspended
Brmsco Garments Pvt Ltd               CC                 CRISIL D       60      Suspended
Brmsco Garments Pvt Ltd               LT Loan            CRISIL D       60      Suspended
Capital Enterprises                   CC                 CRISIL B       50      Suspended
Capricorn Oils Ltd                    CC *               CRISIL C       45      Suspended
Century Global Logistics Pvt Ltd      CC                 CRISIL B-      150     Suspended
Century Global Logistics Pvt Ltd      Proposed LT Bk     CRISIL B-      1.7     Suspended
                                      Loan Fac
Century Global Logistics Pvt Ltd      TL                 CRISIL B-      52.3    Suspended
Chakra Infrastructure Ltd             Proposed LT Bk     CRISIL B       20      Suspended
                                      Loan Fac
Chemsol Labs Pvt Ltd                  CC                 CRISIL B+      22.5    Suspended
Chemsol Labs Pvt Ltd                  Proposed CC Limit  CRISIL B+      20      Suspended
Chennai Radha Engineering Works Pvt   CC                 CRISIL BBB+    250     Upgraded from
                                                                                CRISIL BBB
Chennai Radha Engineering Works Pvt   CC *               CRISIL BBB+    150     Upgraded from
                                                                                CRISIL BBB
*Includes a sub-limit of Rs.50.00 million for working capital demand loan.
Chennai Radha Engineering Works Pvt LtOverdraft Limit #  CRISIL BBB+    150     Assigned
#Includes a sub-limit of Rs.100.00 million for letter of credit 
and a sub-limit of Rs.150 million for bank guarantee.
Chennai Radha Engineering Works Pvt   Fund & Non-Fund-   CRISIL BBB+    300     Assigned
                                      Based Limits $
$Includes a sub-limit of Rs.100.00 million for short-term loans, Rs.100 million for overdraft,
Rs.200 million for pre-shipment financing, Rs.200 million for export
Chhabra Ispat Pvt Ltd                 CC                 CRISIL B+      140     Suspended
Chhabra Ispat Pvt Ltd                 TL                 CRISIL B+      62      Suspended
Cholan Paper and Board Mills ltd      CC                 CRISIL D       50      Suspended
Cholan Paper and Board Mills ltd      TL                 CRISIL D       20      Suspended
Circuit System India Ltd              CC                 CRISIL BB      72.5    Suspended
Circuit System India Ltd              Proposed LT Bk     CRISIL BB      285.3   Suspended
                                      Loan Fac
Classic Microtech                     CC                 CRISIL B       100     Suspended
Classic Microtech                     TL                 CRISIL B       21.9    Suspended
Colossus Trade Links Ltd              CC                 CRISIL B+      90      Suspended
Colossus Trade Links Ltd              Proposed LT Bk     CRISIL B+      2.9     Suspended
                                      Loan Fac
Combined Medical Institute Pvt Ltd    Overdraft Fac      CRISIL BB      10      Suspended
Combined Medical Institute Pvt Ltd    TL                 CRISIL BB      40      Suspended
Crown Realtech Pvt Ltd                BG                 CRISIL D       18      Suspended
Crown Realtech Pvt Ltd                TL                 CRISIL D       445     Suspended
CTC Mall Tradex Pvt Ltd               CC *               CRISIL B+      80      Suspended
* Includes sub limit of upto Rs. 60.0 million working capital demand loan  
Dawar International Electronics Pvt LtCC                 CRISIL B+      155     Suspended
Deccan Strips and Tubes Pvt Ltd       CC                 CRISIL B       70      Suspended
Deccan Strips and Tubes Pvt Ltd       LT Loan            CRISIL B       80      Suspended
Deccan Strips and Tubes Pvt Ltd       Proposed LT Bk     CRISIL B       40      Suspended
                                      Loan Fac
Deepak Constructions                  Proposed LT Bk     CRISIL B       20      Suspended
                                      Loan Fac
Dharmraj Aluminium Industries pvt ltd CC                 CRISIL B+      70      Suspended
Dharmraj Aluminium Industries pvt ltd Proposed CC Limit  CRISIL B+      130     Suspended
Drishti Trade House                   CC                 CRISIL BB-     40      Suspended
Dwarika Balaji                        Proposed LT Bk     CRISIL B       270     Suspended
                                      Loan Fac
Eco Papers India Pvt Ltd              Proposed LT Bk     CRISIL BB      150     Suspended
                                      Loan Fac
Eden Transport Pvt Ltd                TL                 CRISIL D       97.8    Suspended
Eldyne Electro-Systems Pvt Ltd        CC#                CRISIL BB+     13      Suspended
#One way interchangeability from Fund Based limit to Non fund Based limit.
Eldyne Electro-Systems Pvt Ltd        Standby Line of    CRISIL BB+     2       Suspended
                                      Credit
Electro International Company         CC                 CRISIL B+      4       Suspended
Emperor Timber Trader Pvt Ltd         CC                 CRISIL B+      20      Suspended
Enclaves Infrastructure (Mysore) Pvt  Proposed CC Limit  CRISIL BB-     20      Suspended
Entrust Granites Pvt Ltd              CC *               CRISIL B       10      Suspended
*  Includes sub limit of Rs. 10.0 million of packing credit facility
Entrust Granites Pvt Ltd              Proposed LT Bk     CRISIL B       67.5    Suspended
                                      Loan Fac
Entrust Granites Pvt Ltd              TL                 CRISIL B       43.3    Suspended
Epari Sadashiv Pvt Ltd                CC                 CRISIL BB      150     Suspended
Epari Sadashiv Pvt Ltd                Proposed LT Bk     CRISIL BB      160     Suspended
                                      Loan Fac
Eshwari Petro-Tech Products Pvt Ltd   CC                 CRISIL B       41      Suspended
Eshwari Petro-Tech Products Pvt Ltd   Proposed LT Bk     CRISIL B       34      Suspended
                                      Loan Fac
estomi Technologies Pvt Ltd           Proposed LT Bk     CRISIL B       10      Suspended
                                      Loan Fac
Fairdeal Consumer Durables Pvt Ltd    CC                 CRISIL BB      140     Reaffirmed
Farmgate Agro Milch Pvt Ltd           Proposed LT Bk     CRISIL B+      400     Suspended
                                      Loan Fac
Five Network Solution India Ltd       Overdraft Fac      CRISIL BB      4.5     Suspended
Five Network Solution India Ltd       Proposed LT Bk     CRISIL BB      24.5    Suspended
                                      Loan Fac
Fluoro Carbon Seals                   CC *               CRISIL BB      40      Suspended
* Includes a sub limit of Rs.20.0 Million of Overdraft against bills discounting
Fluoro Carbon Seals                   LT Loan            CRISIL BB      20      Suspended
Fluoro Carbon Seals                   Proposed CC Limit  CRISIL BB      20      Suspended
Fluoro Carbon Seals                   Proposed TL        CRISIL BB      20      Suspended
Flying Fashions                       CC                 CRISIL D       16      Suspended
Flying Fashions                       Foreign Bill       CRISIL D       10      Suspended
                                      Purchase
Flying Fashions                       LOC                CRISIL D       2       Suspended
Flying Fashions                       Overdraft Fac      CRISIL D       7.3     Suspended
Flying Fashions                       Packing Credit     CRISIL D       14      Suspended
Flying Fashions                       TL                 CRISIL D       15.7    Suspended
Fortune Automobiles India Pvt Ltd     CC                 CRISIL BB+     15      Suspended
Fortune Automobiles India Pvt Ltd     LT Loan            CRISIL BB+     18      Suspended
Future Flex Pvt Ltd                   CC                 CRISIL B       20      Assigned
Future Flex Pvt Ltd                   TL                 CRISIL B       40      Assigned
Ganesh Media Pvt Ltd                  CC                 CRISIL B-      150     Suspended
GDC Advertising Pvt Ltd               CC                 CRISIL B+      35      Suspended
GDC Advertising Pvt Ltd               LT Loan            CRISIL B+      14      Suspended
GDC Advertising Pvt Ltd               Overdraft Fac      CRISIL B+      5       Suspended
GE Godavari Engineering Industries LtdBG                 CRISIL D       18      Suspended
GE Godavari Engineering Industries LtdCC                 CRISIL D       38      Suspended
GE Godavari Engineering Industries LtdLOC                CRISIL D       18      Suspended
GE Godavari Engineering Industries LtdProposed CC Limit  CRISIL D       1.5     Suspended
GE Godavari Engineering Industries LtdTL                 CRISIL D       21.5    Suspended
General Engineering Infrabuild Pvt LtdCC                 CRISIL BB-     45      Suspended
Girish Enterprises Pvt Ltd            CC                 CRISIL B       30      Upgraded from
                                                                                CRISIL B-
Girish Enterprises Pvt Ltd            Proposed LT Bk     CRISIL B       16      Assigned
                                      Loan Fac
Godavari Plasto Containers Pvt Ltd    CC                 CRISIL D       35      Suspended
Godavari Plasto Containers Pvt Ltd    LOC                CRISIL D       40      Suspended
Godavari Plasto Containers Pvt Ltd    Proposed LT Bk     CRISIL D       3.1     Suspended
                                      Loan Fac
Godavari Plasto Containers Pvt Ltd    TL                 CRISIL D       48.3    Suspended
Greatech Telecom Technologies Pvt Ltd BG                 CRISIL D       10      Suspended
Greatech Telecom Technologies Pvt Ltd CC                 CRISIL D       30      Suspended
Greatech Telecom Technologies Pvt Ltd LOC                CRISIL D       60      Suspended
Greatech Telecom Technologies Pvt Ltd Proposed LT Bk     CRISIL D       44.1    Suspended
                                      Loan Fac
Greatech Telecom Technologies Pvt Ltd TL                 CRISIL D       35.9    Suspended
Green Concretex Global Ltd            Bill Discounting   CRISIL D       10      Suspended
Green Concretex Global Ltd            CC                 CRISIL D       90      Suspended
Green Concretex Global Ltd            Proposed CC Limit  CRISIL D       50      Suspended
Handygo Technologies Pvt Ltd          CC                 CRISIL BB-     60      Suspended
Handygo Technologies Pvt Ltd          Standby Line of    CRISIL BB-     9       Suspended
                                      Credit
Hari Om Udyog                         CC                 CRISIL BB+     72.5    Suspended
Hari Om Udyog                         TL                 CRISIL BB+     12.5    Suspended
Haryana Plywood Industries            CC                 CRISIL B       60      Suspended
Haryana Plywood Industries            WC TL              CRISIL B       20      Suspended
Heritage Educational Society          CC                 CRISIL D       15      Suspended
Heritage Educational Society          TL                 CRISIL D       50      Suspended
Hi Grade Shoe                         CC                 CRISIL D       15      Suspended
Hi Grade Shoe                         LOC                CRISIL D       10      Suspended
Hi Grade Shoe                         LT Loan            CRISIL D       14      Suspended
Hi Grade Shoe                         SME Care Loan      CRISIL D       3       Suspended
Himachal Flour Mills Pvt Ltd          CC                 CRISIL B       70      Suspended
Hyderabad Karnataka Education Society Proposed TL        CRISIL BB+     196     Suspended
Industrial Associates                 CC                 CRISIL BB-     117.5   Reaffirmed
Industrial Associates                 TL                 CRISIL BB-     14.8    Reaffirmed
Intemo Systems Ltd                    CC                 CRISIL D       60      Downgraded
                                                                                from CRISIL B-
Intemo Systems Ltd                    TL                 CRISIL D       40      Downgraded
                                                                                from CRISIL B-
Kataria Carriers                      CC                 CRISIL BBB-    50      Upgraded from
                                                                                CRISIL BB+
Kataria Carriers                      Proposed LT Bk     CRISIL BBB-    40      Upgraded from
                                      Loan Fac                                  CRISIL BB+
Kataria Carriers                      Rupee TL           CRISIL BBB-    50      Upgraded from
                                                                                CRISIL BB+
Kataria Carriers                      TL                 CRISIL BBB-    130     Upgraded from
                                                                                CRISIL BB+
Lonestar Industries                   CC                 CRISIL BBB     30      Reaffirmed
Lonestar Industries                   TL                 CRISIL BBB     25      Reaffirmed
M.K.R. Traders Pvt Ltd                CC                 CRISIL B+      80      Reaffirmed
M.K.R. Traders Pvt Ltd                LT Loan            CRISIL B+      6       Reaffirmed
M.K.R. Traders Pvt Ltd                Proposed CC Limit  CRISIL B+      40      Reaffirmed
M.K.R. Traders Pvt Ltd                Proposed LT Bk     CRISIL B+      24      Assigned
                                      Loan Fac
M/s. Black Energy Enterprises         CC                 CRISIL B+      60      Assigned
M/s.Bilaspur Enterprises              CC                 CRISIL B       114     Assigned
Machhi Ram Kishan Chand Sidana        CC                 CRISIL B       200     Reaffirmed
Mahesh Cotspin Pvt Ltd                CC                 CRISIL B+      60      Upgraded from
                                                                                CRISIL B
Mahesh Cotspin Pvt Ltd                LT Loan            CRISIL B+      21      Upgraded from
                                                                                CRISIL B
Mahesh Cotspin Pvt Ltd                Proposed LT Bk     CRISIL B+      29      Upgraded from
                                      Loan Fac                                  CRISIL B
Mahindra Gears and Transmissions Pvt LCC*                CRISIL A+ #    320     Reaffirmed
*Interchangeable with letter of credit to the extent of Rs.70 million
Mahindra Gears and Transmissions Pvt  Proposed LT Bk     CRISIL A+ #    75      Reaffirmed
Ltd                                   Loan Fac
Mahindra Gears and Transmissions Pvt  Rupee TL           CRISIL A+ #    445     Reaffirmed
Ltd
Medicare T P A Services I Pvt Ltd     CC                 CRISIL BB      15      Downgraded
                                                                                from CRISIL
                                                                                BB+
Medicare T P A Services I Pvt Ltd     Proposed LT Bk     CRISIL BB      5       Downgraded
                                      Loan Fac                                  from CRISIL
                                                                                BB+
Netafim Irrigation India Pvt Ltd      CC                 CRISIL A       1200    Reaffirmed
Nitin Fire Protection Industries Ltd  CC*                CRISIL A-      1125    Reaffirmed
*Interchangeable with letter of credit and bank guarantee up to Rs.425 million
Nitin Fire Protection Industries Ltd  Proposed CC Limit  CRISIL A-      125     Reaffirmed
Omega Designs                         Proposed LT Bk     CRISIL BB-     15      Reaffirmed
                                      Loan Fac
Omega Designs Pvt Ltd                 TL                 CRISIL B+      20      Assigned
Omega Designs Pvt Ltd                 CC                 CRISIL B+      50      Assigned
PE Engineers Pvt Ltd                  TL                 CRISIL BB-     8.9     Assigned
PE Engineers Pvt Ltd                  Proposed LT Bk     CRISIL BB-     21.1    Assigned
                                      Loan Fac
PE Engineers Pvt Ltd                  Foreign LOC        CRISIL BB-     10      Assigned
PE Engineers Pvt Ltd                  Foreign Bill       CRISIL BB-     10      Assigned
                                      Discounting
Pooja Cotspin Ltd                     CC                 CRISIL BBB-    46      Assigned
Pooja Cotspin Ltd                     TL                 CRISIL BBB-    102     Assigned
Santosh Overseas Ltd                  CC                 CRISIL BBB-    3250    Reaffirmed
Santosh Overseas Ltd                  Export Packing     CRISIL BBB-    350     Reaffirmed
                                      Credit
Santosh Overseas Ltd                  TL                 CRISIL BBB-    151.9   Reaffirmed
Santosh Overseas Ltd                  Warehouse Receipts CRISIL BBB-    100     Reaffirmed
SFP Sons India Pvt Ltd                CC                 CRISIL BBB     10      Reaffirmed
SFP Sons India Pvt Ltd                Export Packing     CRISIL BBB     40      Reaffirmed
                                      Credit
SFP Sons India Pvt Ltd                Proposed FB Bk     CRISIL BBB     16      Reaffirmed
                                      Limits
SFP Sons India Pvt Ltd                Standby Line of    CRISIL BBB     14      Reaffirmed
                                      Credit
Sharmanji Yarns Pvt Ltd               CC                 CRISIL BBB+    1000    Reaffirmed
Sharmanji Yarns Pvt Ltd               LT Loan            CRISIL BBB+    867.9   Assigned
Shri Sangam Sahakari Sakkare Karkhane Proposed LT Bk     CRISIL B       700     Reaffirmed
Niyamit Hidkaldam                     Loan Fac
Shrusti                               CC                 CRISIL BB-     92.5    Upgraded from
                                                                                CRISIL B+
Shrusti                               Proposed LT Bk     CRISIL BB-     107.5   Upgraded from
                                      Loan Fac                                  CRISIL B+
Sri Lakosha Polymer Pvt Ltd           CC                 CRISIL B+      30      Reaffirmed
Sri Lakosha Polymer Pvt Ltd           Proposed LT Bk     CRISIL B+      46      Reaffirmed
                                      Loan Fac
Sri Lakosha Polymer Pvt Ltd           TL                 CRISIL B+      49      Reaffirmed
Surana Organics                       Proposed LT Bk     CRISIL B+      30      Assigned
                                      Loan Fac
Surana Organics                       CC                 CRISIL B+      35      Assigned
T.B. Jewellery                        CC                 CRISIL BB      150     Downgraded
                                                                                from CRISIL
                                                                                BB+
The Silppi Constructions Contractors  CC                 CRISIL B+      50      Assigned
Victory Precisions Pvt Ltd            CC                 CRISIL B-      50      Upgraded from
                                                                                CRISIL D
Victory Precisions Pvt Ltd            Corporate Loan     CRISIL B-      15      Upgraded from
                                                                                CRISIL D
Victory Precisions Pvt Ltd            LT Loan            CRISIL B-      21      Upgraded from
                                                                                CRISIL D
Victory Precisions Pvt Ltd            Proposed LT Bk     CRISIL B-      20.4    Assigned
                                      Loan Fac
Victory Precisions Pvt Ltd            TL                 CRISIL B-      64.6    Assigned
--------------------------------------------------------------------------------------------
$: 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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below