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CRISIL ratings for Indian debt instruments-Jan 11
January 11, 2017 / 4:52 AM / 9 months ago

CRISIL ratings for Indian debt instruments-Jan 11

Jan 11 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of January 10, 2017.


COMPANY                                 INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                          (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
C.R.I. Pumps Pvt Ltd                    BG                 CRISIL A1      16.2    Reaffirmed
C.R.I. Pumps Pvt Ltd                    LOC                CRISIL A1      250     Reaffirmed
Conc Shade Constructions Pvt Ltd        BG                 CRISIL A4+     6.5     Reaffirmed
K.P.I. Global Infrastructure Ltd        BG                 CRISIL A4+     5       Assigned
K.P.I. Global Infrastructure Ltd        LOC                CRISIL A4+     20      Assigned
KSD Charitable Trust                    BG                 CRISIL A4+     95      Assigned
MT Educare Ltd                          Overdraft          CRISIL A1      50      Reaffirmed
MT Educare Ltd                          ST Loan            CRISIL A1      350     Reaffirmed
MT Educare Ltd                          WC Demand Loan     CRISIL A1      150     Assigned
Oxigen Services India Pvt Ltd           BG                 CRISIL A3      100     Reaffirmed
Prakash Industrial Infrastructure Pvt   BG                 CRISIL A4      85      Reaffirmed
Ltd
Quality Care India Ltd                  BG                 CRISIL A1      45      Reaffirmed
Quality Care India Ltd                  LOC                CRISIL A1      20      Reaffirmed
Real Constructions                      Inland Guarantees  CRISIL A4+     27      Reaffirmed
Jiwanram Sheoduttrai Industries Pvt Ltd BG                 CRISIL D       2.5     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Jiwanram Sheoduttrai Industries Pvt Ltd Foreign Bill       CRISIL D       280     Downgraded
                                        Discounting                               from CRISIL
                                                                                  A4+
Jiwanram Sheoduttrai Industries Pvt Ltd LOC                CRISIL D       10      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Jiwanram Sheoduttrai Industries Pvt Ltd Packing Credit     CRISIL D       150     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Jiwanram Sheoduttrai Industries Pvt Ltd Proposed ST Bk     CRISIL D       221.4   Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  A4+
Sitson India Pvt Ltd                    BG                 CRISIL A4+     180     Assigned
Sree Rengaraj Ispat Industries Pvt Ltd  Bill Discounting   CRISIL A4+     78.1    Reaffirmed
Sree Rengaraj Ispat Industries Pvt Ltd  LOC                CRISIL A4+     500     Reaffirmed
T V Subbaiah                            BG                 CRISIL A4      58      Assigned
Tibrewala Electronics Ltd               LOC                CRISIL A2      230     Assigned
Veljan Hydrair Ltd                      BG                 CRISIL A3      280     Reaffirmed
Veljan Hydrair Ltd                      LOC                CRISIL A3      20      Reaffirmed
Velocis Systems Pvt Ltd                 BG                 CRISIL A3+     330     Upgraded from
                                                                                  CRISIL A3
Velocis Systems Pvt Ltd                 Import LOC Limit   CRISIL A3+     50      Upgraded from
                                                                                  CRISIL A3
Velocis Systems Pvt Ltd                 Standby Line of    CRISIL A3+     67      Upgraded from
                                        Credit                                    CRISIL A3

LONG TERM RATINGS:
-------------------
C.R.I. Pumps Pvt Ltd                    CC                 CRISIL A       3000    Reaffirmed
C.R.I. Pumps Pvt Ltd                    LT Loan            CRISIL A       1181.8  Reaffirmed
C.R.I. Pumps Pvt Ltd                    Proposed LT Bk     CRISIL A       50      Reaffirmed
                                        Loan Fac
C.R.I. Pumps Pvt Ltd                    Proposed TL        CRISIL A       430     Reaffirmed
Conc Shade Constructions Pvt Ltd        CC                 CRISIL BB-     75      Reaffirmed
Conc Shade Constructions Pvt Ltd        Overdraft          CRISIL BB-     58.5    Reaffirmed
Dreamciti Realty Pvt Ltd                CC                 CRISIL B+      80      Assigned
Ganga Care Hospitals Ltd                Proposed CC Limit  CRISIL A+      17.5    Reaffirmed
Ganga Care Hospitals Ltd                Proposed TL        CRISIL A+      50      Reaffirmed
Hankhul Packwell Pvt Ltd                TL                 CRISIL B+      77      Assigned
Hankhul Packwell Pvt Ltd                CC                 CRISIL B+      33      Assigned
Hankhul Packwell Pvt Ltd                Proposed LT Bk     CRISIL B+      20      Assigned
                                        Loan Fac
Jaipur Golden Transport Co Pvt Ltd      CC                 CRISIL BBB+    300     Reaffirmed
Jiwanram Sheoduttrai Industries Pvt Ltd TL                 CRISIL D       12      Downgraded
                                                                                  from CRISIL
                                                                                  BB+
K.P.I. Global Infrastructure Ltd        LT Loan            CRISIL BB+     120     Assigned
KSD Charitable Trust                    Overdraft          CRISIL BB-     50      Assigned
Lotus Projects Pvt Ltd                  CC                 CRISIL BB-     75      Reaffirmed
Lotus Projects Pvt Ltd                  Proposed LT Bk     CRISIL BB-     10.5    Reaffirmed
                                        Loan Fac
Lotus Projects Pvt Ltd                  TL                 CRISIL BB-     114.5   Reaffirmed
Maksi Agro Cool Chains Pvt Ltd          TL                 CRISIL B+      115     Assigned
Mothers Pet Education Society           Proposed TL        CRISIL BB+     220     Assigned
Oxigen Services India Pvt Ltd           Overdraft          CRISIL BBB-    1100    Reaffirmed
Oxigen Services India Pvt Ltd           Proposed LT Bk     CRISIL BBB-    300     Assigned
                                        Loan Fac
Popular Motor World Pvt Ltd             CC                 CRISIL B+      25      Reaffirmed
Popular Motor World Pvt Ltd             Inventory Funding  CRISIL B+      95      Reaffirmed
                                        Fac
Prakash Industrial Infrastructure Pvt   CC                 CRISIL B       100     Reaffirmed
Ltd
Prakash Industrial Infrastructure Pvt   Drop Line          CRISIL B       100     Reaffirmed
Ltd                                     Overdraft Fac
Prakash Industrial Infrastructure Pvt   TL                 CRISIL B       85      Assigned
Ltd
Prakash Industrial Infrastructure Pvt   Proposed LT Bk     CRISIL B       10      Assigned
Ltd                                     Loan Fac
Quality Care India Ltd                  CC                 CRISIL A+      600     Reaffirmed
Quality Care India Ltd                  Proposed TL        CRISIL A+      78.3    Reaffirmed
Quality Care India Ltd                  TL                 CRISIL A+      2330.6  Reaffirmed
Ramkrishna Care Medical Sciences Pvt LtdCC                 CRISIL A+      40      Reaffirmed
Ramkrishna Care Medical Sciences Pvt LtdProposed TL        CRISIL A+      20.5    Reaffirmed
Ramkrishna Care Medical Sciences Pvt LtdTL                 CRISIL A+      399.5   Reaffirmed
Real Constructions                      CC                 CRISIL BB+     25      Upgraded from
                                                                                  CRISIL BB
Sanskriti Packaging Pvt Ltd             CC                 CRISIL BB-     130     Reaffirmed
Sanskriti Packaging Pvt Ltd             TL                 CRISIL BB-     20      Reaffirmed
Sitson India Pvt Ltd                    CC                 CRISIL BB      72.5    Assigned
Sitson India Pvt Ltd                    Proposed LT Bk     CRISIL BB      97.5    Assigned
                                        Loan Fac
Sree Rengaraj Ispat Industries Pvt Ltd  CC                 CRISIL BB+     190     Reaffirmed
Sree Rengaraj Ispat Industries Pvt Ltd  LT Loan            CRISIL BB+     770     Reaffirmed
Sree Rengaraj Ispat Industries Pvt Ltd  Proposed LT Bk     CRISIL BB+     351.9   Reaffirmed
                                        Loan Fac
T V Subbaiah                            CC                 CRISIL B       75      Assigned
Tibrewala Electronics Ltd               Proposed LT Bk     CRISIL BBB+    10      Assigned
                                        Loan Fac
Tibrewala Electronics Ltd               CC                 CRISIL BBB+    140     Assigned
Veljan Hydrair Ltd                      CC                 CRISIL BBB-    280     Reaffirmed
Veljan Hydrair Ltd                      TL                 CRISIL BBB-    135     Reaffirmed
Velocis Systems Pvt Ltd                 CC                 CRISIL BBB     350     Upgraded from
                                                                                  CRISIL BBB-
Velocis Systems Pvt Ltd                 LT Loan            CRISIL BBB     7.9     Upgraded from
                                                                                  CRISIL BBB-
Visakha Hospitals and Diagnostics Ltd   CC                 CRISIL A+      70      Reaffirmed
Visakha Hospitals and Diagnostics Ltd   Proposed TL        CRISIL A+      47.3    Reaffirmed
Visakha Hospitals and Diagnostics Ltd   TL                 CRISIL A+      112.7   Reaffirmed
--------------------------------------------------------------------------------------------
$: 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)

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