August 3, 2018 / 4:58 AM / 5 months ago

CRISIL ratings for Indian debt instruments-Aug 3

    Aug 3 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of August 2, 2018.


COMPANY                                 INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Aditya Birla Renewables Ltd             BG                 CRISIL A1+     500     Assigned
Aditya Birla Renewables Ltd             Overdraft          CRISIL A1+     20      Assigned
Ananta Charitable Educational Society   BG                 CRISIL A4      100     Withdrawn
(Issuer Not Cooperating)
Aspinwall and Co. Ltd                   LOC & BG           CRISIL A2      45      Reaffirmed
B. N. Agritech Ltd                      LOC                CRISIL A3+     680     Upgraded from
                                                                                  CRISIL A3
B. N. Agritech Ltd                      Proposed ST Bk     CRISIL A3+     530     Upgraded from
                                        Loan Fac                                  CRISIL A3
D.P.M.K. Fertilizers Pvt Ltd            BG                 CRISIL A4      5       Reaffirmed
Kapoor Imaging Pvt Ltd                  LOC                CRISIL A3      180     Assigned
Kapoor Imaging Pvt Ltd                  BG                 CRISIL A3      20      Assigned
Krishna Steel Product                   Proposed ST Bk     CRISIL A3      390     Assigned
                                        Loan Fac
SISL Infotech Pvt Ltd                   BG                 CRISIL A4+     40      Reaffirmed
Sistema Shyam Teleservices Ltd          BG                 CRISIL A4      965.9   @
Sistema Shyam Teleservices Ltd          ST Loan            CRISIL A4      3900    @
SSIPL Lifestyle Pvt Ltd                 LOC & BG           CRISIL A2+     80      Reaffirmed
SSIPL Lifestyle Pvt Ltd                 ST Loan            CRISIL A2+     25      Reaffirmed
SSIPL Retail Ltd                        LOC                CRISIL A2+     100     Reaffirmed
SSIPL Retail Ltd                        LOC & BG           CRISIL A2+     20      Reaffirmed
SSIPL Retail Ltd                        ST Loan            CRISIL A2+     50      Reaffirmed
Uniseven Engineering And Infrastructure BG                 CRISIL A4+     60      Assigned
Pvt Ltd
Vin Semiconductors Pvt Ltd              LOC                CRISIL A4+     47.5    Reaffirmed

LONG TERM RATINGS:
-------------------
Aditya Birla Renewables Ltd             TL                 CRISIL AA      722     Reaffirmed
Aero Treatments Pvt Ltd                 LT Loan            CRISIL B       67      Migrated from
                                                                                  CRISIL B/
                                                                                  Rating
                                                                                  Withdrawn
(Issuer Not Cooperating)
Aero Treatments Pvt Ltd                 Proposed LT Bk     CRISIL B       3       Migrated from
                                        Loan Fac                                  CRISIL B/
                                                                                  Rating
                                                                                  Withdrawn
(Issuer Not Cooperating)
Ananta Charitable Educational Society   TL                 CRISIL B       650     Withdrawn
(Issuer Not Cooperating)
Aspinwall and Co. Ltd                   CC                 CRISIL BBB+    115     Reaffirmed
Aspinwall and Co. Ltd                   Export Packing     CRISIL BBB+    755     Reaffirmed
                                        Credit
Aspinwall and Co. Ltd                   LT Loan            CRISIL BBB+    200     Reaffirmed
Aspinwall and Co. Ltd                   Proposed LT Bk     CRISIL BBB+    150     Reaffirmed
                                        Loan Fac
B. N. Agritech Ltd                      CC                 CRISIL BBB     450     Upgraded from
                                                                                  CRISIL BBB-
B. N. Agritech Ltd                      LT Loan            CRISIL BBB     400     Upgraded from
                                                                                  CRISIL BBB-
Carzonrent India Pvt Ltd                CC*                CRISIL BB+     25      Downgraded
*Fully interchangeable with non-fund-based limit                                  from CRISIL
                                                                                  BBB-
Carzonrent India Pvt Ltd                CC                 CRISIL BB+     95      Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Carzonrent India Pvt Ltd                Proposed CC Limit  CRISIL BB+     55      Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
Carzonrent India Pvt Ltd                Proposed LT Bk     CRISIL BB+     257.9   Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB-
Carzonrent India Pvt Ltd                TL                 CRISIL BB+     48.5    Downgraded
                                                                                  from CRISIL
                                                                                  BBB-
D.P.M.K. Fertilizers Pvt Ltd            CC                 CRISIL B+      115     Reaffirmed
Dayawati Bishwanath Traders Pvt Ltd     CC                 CRISIL BB+     120     Withdrawn
(Issuer Not Cooperating)
Dayawati Bishwanath Traders Pvt Ltd     Proposed LT Bk     CRISIL BB+     10      Withdrawn
                                        Loan Fac
(Issuer Not Cooperating)
Econ Antri Ltd                          BG                 CRISIL A3      180     Withdrawn
(Issuer Not Cooperating)
Econ Antri Ltd                          CC                 CRISIL BBB-    20      Withdrawn
(Issuer Not Cooperating)
Econ Antri Ltd                          Proposed LT Bk     CRISIL BBB-    1.5     Withdrawn
                                        Loan Fac
(Issuer Not Cooperating)
Ganesh Grain Store                      CC                 CRISIL BB-     47.5    Assigned
Ganesh Grain Store                      LT Loan            CRISIL BB-     5.9     Assigned
Ilpea Paramount Ltd                     CC                 CRISIL B-      90
(Issuer Not Cooperating)
Instyle Embroideries Pvt Ltd            CC                 CRISIL B       12.5
(Issuer Not Cooperating)
Instyle Embroideries Pvt Ltd            Proposed LT Bk     CRISIL B       34
                                        Loan Fac
(Issuer Not Cooperating)
Instyle Embroideries Pvt Ltd            TL                 CRISIL B       73.5
(Issuer Not Cooperating)
J G Agro Industries                     CC                 CRISIL D       90
(Issuer Not Cooperating)
J.K. Agro Food Industries               CC                 CRISIL B-      60
(Issuer Not Cooperating)
J.K. Agro Food Industries               LT Loan            CRISIL B-      40
(Issuer Not Cooperating)
Jagat Jagdamba Flour Pvt Ltd            CC                 CRISIL D       140
(Issuer Not Cooperating)
Jai Maakali Poultry Farms               CC                 CRISIL D       95
(Issuer Not Cooperating)
Jai Maakali Poultry Farms               LT Loan            CRISIL D       30
(Issuer Not Cooperating)
Jalsa Banquets Pvt Ltd                  TL                 CRISIL B-      57.5
(Issuer Not Cooperating)
Jay Mahakali Industries                 CC                 CRISIL B-      45
(Issuer Not Cooperating)
Jay Mahakali Industries                 Cash TL            CRISIL B-      16
(Issuer Not Cooperating)
Jay Mahakali Industries                 Proposed LT Bk     CRISIL B-      15
                                        Loan Fac
(Issuer Not Cooperating)
Jayawanti Babu Foundation               TL                 CRISIL D       118
(Issuer Not Cooperating)
Jeevan Jyoti Health Care and Research   Proposed LT Bk     CRISIL B       465
Centre Pvt Ltd                          Loan Fac
(Issuer Not Cooperating)
Jindal Engravures                       Proposed LT Bk     CRISIL B-      54.5    Migrated from
                                        Loan Fac                                  CRISIL B-/
                                                                                  Rating
                                                                                  Withdrawn
(Issuer Not Cooperating)
Jindal Engravures                       Proposed WC Fac    CRISIL B-      5.5     Migrated from
                                                                                  CRISIL B-/
                                                                                  Rating
                                                                                  Withdrawn
(Issuer Not Cooperating)
Kalokhe Stone Crusher                   CC                 CRISIL C       24
(Issuer Not Cooperating)
Kalokhe Stone Crusher                   TL                 CRISIL C       72
(Issuer Not Cooperating)
Kamakshi Cotton Industries Ginning and  CC                 CRISIL D       82.5
Pressing Unit
(Issuer Not Cooperating)
Kamakshi Cotton Industries Ginning and  Proposed LT Bk     CRISIL D       32.5
Pressing Unit                           Loan Fac
(Issuer Not Cooperating)
Kamakshi Cotton Industries Ginning and  TL                 CRISIL D       10
Pressing Unit
(Issuer Not Cooperating)
Kamdar Carz Pvt Ltd                     CC                 CRISIL B       100
(Issuer Not Cooperating)
Kamdar Carz Pvt Ltd                     Proposed LT Bk     CRISIL B       300
                                        Loan Fac
(Issuer Not Cooperating)
Kamna Medical Centre Pvt Ltd            CC                 CRISIL B-      7.5
(Issuer Not Cooperating)
Kamna Medical Centre Pvt Ltd            TL                 CRISIL B-      52.5
(Issuer Not Cooperating)
Kapoor Imaging Pvt Ltd                  Secured Overdraft  CRISIL BBB-    160     Assigned
                                        Fac
Kapoor Imaging Pvt Ltd                  CC                 CRISIL BBB-    60      Assigned
Keshav Madhav Agro Enterprises Pvt Ltd  CC                 CRISIL B       80
(Issuer Not Cooperating)
Keshav Madhav Agro Enterprises Pvt Ltd  Proposed LT Bk     CRISIL B       5
                                        Loan Fac
(Issuer Not Cooperating)
Keshav Madhav Agro Enterprises Pvt Ltd  TL                 CRISIL B       65
(Issuer Not Cooperating)
Kirpa Foods                             CC                 CRISIL B-      100
(Issuer Not Cooperating)
Kirpa Foods                             LT Loan            CRISIL B-      75
(Issuer Not Cooperating)
Kirpa Foods                             Warehouse FinancingCRISIL B-      50
(Issuer Not Cooperating)
KMB Granite Quarriers                   CC                 CRISIL D       200
(Issuer Not Cooperating)
Kripa Anand Rishi Cellular Pvt Ltd      CC                 CRISIL B       95
(Issuer Not Cooperating)
Kripa Anand Rishi Cellular Pvt Ltd      Proposed LT Bk     CRISIL B       5
                                        Loan Fac
(Issuer Not Cooperating)
Krishna Steel Product                   Proposed LT Bk     CRISIL BBB-    75      Assigned
                                        Loan Fac
KVR Prime Constructions Pvt Ltd         CC                 CRISIL B-      120
(Issuer Not Cooperating)
Lakshman Veer Steel Pvt Ltd             CC                 CRISIL BB-     90      Reaffirmed
Lal Baba Seamless Tubes Pvt Ltd         CC                 CRISIL B-      135
(Issuer Not Cooperating)
Lal Baba Seamless Tubes Pvt Ltd         TL                 CRISIL B-      18.2
(Issuer Not Cooperating)
M. M. Automobiles                       CC                 CRISIL D       35
(Issuer Not Cooperating)
M. M. Automobiles                       Standby Line of    CRISIL D       5
                                        Credit
(Issuer Not Cooperating)
Mahabir Techno Ltd                      CC                 CRISIL D       330
(Issuer Not Cooperating)
Mahabir Techno Ltd                      Proposed LT Bk     CRISIL D       10
                                        Loan Fac
(Issuer Not Cooperating)
Mahabir Techno Ltd                      TL                 CRISIL D       10
(Issuer Not Cooperating)
Mahadev Profiles Pvt Ltd                CC                 CRISIL D       75
(Issuer Not Cooperating)
Mahadev Profiles Pvt Ltd                LT Loan            CRISIL D       54
(Issuer Not Cooperating)
Mahadev Profiles Pvt Ltd                Proposed LT Bk     CRISIL D       11
                                        Loan Fac
(Issuer Not Cooperating)
Malganga Milk and Agro Products Pvt Ltd CC                 CRISIL B       50
(Issuer Not Cooperating)
Malganga Milk and Agro Products Pvt Ltd Proposed LT Bk     CRISIL B       30
                                        Loan Fac
(Issuer Not Cooperating)
Malganga Milk and Agro Products Pvt Ltd TL                 CRISIL B       60
(Issuer Not Cooperating)
Manil Jewellers                         CC                 CRISIL BB-     150     Reaffirmed
Maruti Cotton Industries                CC                 CRISIL B       50
(Issuer Not Cooperating)
Maruti Cotton Industries                Proposed LT Bk     CRISIL B       1.8
                                        Loan Fac
(Issuer Not Cooperating)
Maruti Cotton Industries                TL                 CRISIL B       8.2
(Issuer Not Cooperating)
Mathura Developer                       Proposed TL        CRISIL D       11.4
(Issuer Not Cooperating)
Mathura Developer                       TL                 CRISIL D       38.6
(Issuer Not Cooperating)
Maxtar Bio - Genics                     CC                 CRISIL B       120
(Issuer Not Cooperating)
MJ and Sons Distilliery and Breweries   CC                 CRISIL B-      170
Pvt Ltd
(Issuer Not Cooperating)
MJ and Sons Distilliery and Breweries   LT Loan            CRISIL B-      380
Pvt Ltd
(Issuer Not Cooperating)
MJ and Sons Distilliery and Breweries   Proposed LT Bk     CRISIL B-      90
Pvt Ltd                                 Loan Fac
(Issuer Not Cooperating)
Modern Grit Pvt Ltd                     CC                 CRISIL B       60
(Issuer Not Cooperating)
Modern Grit Pvt Ltd                     Proposed LT Bk     CRISIL B       27
                                        Loan Fac
(Issuer Not Cooperating)
Modern Grit Pvt Ltd                     TL                 CRISIL B       13
(Issuer Not Cooperating)
Mohijuli Tea Co Pvt Ltd                 CC                 CRISIL B+      67.2    Assigned
Mohijuli Tea Co Pvt Ltd                 TL                 CRISIL B+      32.6    Assigned
National Polyplast India Ltd            BG                 WD             20      Suspended
                                                                                  (Withdrawn)
National Polyplast India Ltd            CC                 WD             140     Suspended
                                                                                  (Withdrawn)
National Polyplast India Ltd            LOC                WD             70      Suspended
                                                                                  (Withdrawn)
National Polyplast India Ltd            LT Loan            WD             57.5    Suspended
                                                                                  (Withdrawn)
National Polyplast India Ltd            Proposed LT Bk     WD             252.5   Suspended
                                        Loan Fac                                  (Withdrawn)
Nilesh Timbers                          CC                 CRISIL B       20
(Issuer Not Cooperating)
Nilesh Timbers                          Foreign LOC        CRISIL B       80
(Issuer Not Cooperating)
Novarc Labs Pvt Ltd                     CC                 CRISIL B       50
(Issuer Not Cooperating)
Novarc Labs Pvt Ltd                     Proposed CC Limit  CRISIL B       30
(Issuer Not Cooperating)
Orion Motors Pvt Ltd                    CC                 CRISIL B       20
(Issuer Not Cooperating)
Orion Motors Pvt Ltd                    Inventory Funding  CRISIL B       50
                                        Fac
(Issuer Not Cooperating)
P. R. Packing Service                   Line of Credit     CRISIL B       135
(Issuer Not Cooperating)
P. R. Packing Service                   Proposed LT Bk     CRISIL B       35
                                        Loan Fac
(Issuer Not Cooperating)
P. R. Packing Service                   TL                 CRISIL B       30
(Issuer Not Cooperating)
Pee Jay Imports Exports                 CC                 CRISIL B       85
(Issuer Not Cooperating)
PEW Engineering Pvt Ltd                 Proposed LT Bk     CRISIL B       100
                                        Loan Fac
(Issuer Not Cooperating)
Phorum Jewels Ltd                       CC                 CRISIL D       80
(Issuer Not Cooperating)
Phorum Jewels Ltd                       Proposed LT Bk     CRISIL D       40
                                        Loan Fac
(Issuer Not Cooperating)
Prashi Pharma Pvt Ltd                   LT Loan            CRISIL BB-     39.4    Assigned
Prashi Pharma Pvt Ltd                   Proposed LT Bk     CRISIL BB-     60.6    Assigned
                                        Loan Fac
Pujaris Educational Trust               CC                 CRISIL B       2.5
(Issuer Not Cooperating)
Pujaris Educational Trust               LT Loan            CRISIL B       40
(Issuer Not Cooperating)
Pujaris Educational Trust               Proposed LT Bk     CRISIL B       25
                                        Loan Fac
(Issuer Not Cooperating)
Pure Milk Products Pvt Ltd              CC                 CRISIL D       374.8
(Issuer Not Cooperating)
Pure Milk Products Pvt Ltd              Proposed LT Bk     CRISIL D       9.8
                                        Loan Fac
(Issuer Not Cooperating)
Pure Milk Products Pvt Ltd              TL                 CRISIL D       135.4
(Issuer Not Cooperating)
Pure Milk Products Pvt Ltd              WC Demand Loan     CRISIL D       110
(Issuer Not Cooperating)
Radhika Infra Estate Pvt Ltd            LT Loan            CRISIL D       135.4
(Issuer Not Cooperating)
Rajeev Electronics Pvt Ltd              CC                 CRISIL B       140
(Issuer Not Cooperating)
Rajveer Cotton Ginning And Pressing     CC                 CRISIL B       3.5
Factory
(Issuer Not Cooperating)
Rajveer Cotton Ginning And Pressing     Proposed CC Limit  CRISIL B       26.5
Factory
(Issuer Not Cooperating)
Rajveer Cotton Ginning And Pressing     TL                 CRISIL B       7.3
Factory
(Issuer Not Cooperating)
Rushabh Trading Co.                     CC                 CRISIL B       80
(Issuer Not Cooperating)
Rushabh Trading Co.                     Proposed LT Bk     CRISIL B       40
                                        Loan Fac
(Issuer Not Cooperating)
Saisha Enterprises Pvt Ltd              Proposed LT Bk     CRISIL D       60.8
                                        Loan Fac
(Issuer Not Cooperating)
Saisha Enterprises Pvt Ltd              TL                 CRISIL D       64.2
(Issuer Not Cooperating)
Saravanaa Projects & Co.                CC                 CRISIL B       60
(Issuer Not Cooperating)
Saravanaa Projects & Co.                LT Loan            CRISIL B       20
(Issuer Not Cooperating)
SISL Infotech Pvt Ltd                   CC                 CRISIL BB+     40      Reaffirmed
Sistema Shyam Teleservices Ltd          BG                 CRISIL BB-     6704.1  Reaffirmed
SRM Transports India Pvt Ltd            Overdraft          CRISIL D       30      Downgraded
                                                                                  from CRISIL BB
SRM Transports India Pvt Ltd            TL                 CRISIL D       225     Downgraded
                                                                                  from CRISIL BB
SSIPL Lifestyle Pvt Ltd                 CC & WC demand loanCRISIL A-      490     Reaffirmed
SSIPL Lifestyle Pvt Ltd                 Rupee TL           CRISIL A-      175     Reaffirmed
SSIPL Retail Ltd                        CC                 CRISIL A-      210     Reaffirmed
SSIPL Retail Ltd                        CC & WC demand loanCRISIL A-      730     Reaffirmed
SSIPL Retail Ltd                        LT Loan            CRISIL A-      150     Reaffirmed
Super Hobs and Broaches Pvt Ltd         CC                 CRISIL BB-     12      Withdrawn
(Issuer Not Cooperating)
Super Hobs and Broaches Pvt Ltd         Proposed TL        CRISIL BB-     48      Withdrawn
(Issuer Not Cooperating)
Tezalpatty Tea Pvt Ltd                  CC                 CRISIL D       29.7    Assigned
Tezalpatty Tea Pvt Ltd                  TL                 CRISIL D       34      Assigned
Thamizh Constructions Pvt Ltd           LT Loan            CRISIL B+      50      Assigned
Thamizh Constructions Pvt Ltd           Proposed LT Bk     CRISIL B+      30      Assigned
                                        Loan Fac
Triumph Auto Pvt Ltd                    CC                 CRISIL BB      30      Reaffirmed
Triumph Auto Pvt Ltd                    Electronic Dealer  CRISIL BB      215     Reaffirmed
                                        Financing
                                        Scheme(e-DFS)
Triumph Auto Pvt Ltd                    TL                 CRISIL BB      35      Reaffirmed
Tyagi & Rameshwar Infrastructures       Proposed LT Bk     CRISIL B       150     Withdrawn
                                        Loan Fac
Uniseven Engineering And Infrastructure CC                 CRISIL BB-     50      Assigned
Pvt Ltd
Vamani Overseas Pvt Ltd                 Export Packing     CRISIL BBB-    450     Reaffirmed
                                        Credit
Vamani Overseas Pvt Ltd                 Proposed LT Bk     CRISIL BBB-    100     Reaffirmed
                                        Loan Fac
Vamani Overseas Pvt Ltd                 LT Loan            CRISIL BBB-    50      Reaffirmed
Veekesy Polymers Pvt Ltd                CC                 CRISIL BBB-    100     Reaffirmed
Veekesy Polymers Pvt Ltd                LT Loan            CRISIL BBB-    25      Reaffirmed
Veekesy Polymers Pvt Ltd                Proposed LT Bk     CRISIL BBB-    130     Reaffirmed
                                        Loan Fac
Vijay Iron and Steel Co.                CC                 CRISIL B-      80      Assigned
Vin Semiconductors Pvt Ltd              CC*                CRISIL BB-     200     Reaffirmed
*WCDL sublimit of Rs 7.50 lacs and Bill discounting of Rs 0.50 lacs 
Vin Semiconductors Pvt Ltd              Proposed LT Bk     CRISIL BB-     10.3    Reaffirmed
                                        Loan Fac
-------------------------------------------------------------------------------------------
$: 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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