June 1, 2018 / 10:27 AM / 19 days ago

CRISIL ratings for Indian debt instruments-Jun 1

    Jun 1 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of May 31, 2018.

COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Accord Vitrified Pvt Ltd                Proposed ST Bk     CRISIL A4      40      Assigned
                                        Loan Fac
ADD Pens Pvt Ltd                        BG                 CRISIL A3      5       Downgraded
                                                                                  from CRISIL
                                                                                  A3+
ADD Pens Pvt Ltd                        LOC                CRISIL A3      12.5    Downgraded
                                                                                  from CRISIL
                                                                                  A3+
Alok Ingots (Mumbai) Pvt Ltd            BG                 CRISIL A4+     10      Reaffirmed
Alok Ingots (Mumbai) Pvt Ltd            LOC                CRISIL A4+     90      Reaffirmed
Amara Raja Electronics Ltd              BG*                CRISIL A4+     42      Reaffirmed
( Bank Guarantee and Letter of Credit are interchangeable)
Amara Raja Electronics Ltd              LOC*               CRISIL A4+     146     Reaffirmed
( Bank Guarantee and Letter of Credit are interchangeable)
Amara Raja Electronics Ltd              BG*                CRISIL A4+     3       Reaffirmed
( Bank Guarantee and Letter of Credit are interchangeable)
Arihant Steels - Mumbai                 LOC                CRISIL A3      200     Upgraded from
                                                                                  CRISIL A4+
Asian Fab Tec Ltd                       BG                 CRISIL A4+     1300    Migrated from
                                                                                  CRISIL A3
Issuer Not Cooperating
Assam Tea Warehousing Corporation       Overdraft          CRISIL A4+     5       Assigned
Bakshi Security and Personnel Services  BG                 CRISIL A4+     14.6    Reaffirmed
Pvt Ltd
Bakshi Security and Personnel Services  Proposed ST Bk     CRISIL A4+     35.4    Reaffirmed
Pvt Ltd                                 Loan Fac
Balajee Education Pvt Ltd               Proposed ST Bk     CRISIL A2      9.4     Upgraded from
                                        Loan Fac                                  CRISIL A3+
Bharat Singh Verma Cold Storage         Overdraft          CRISIL A4      40      Assigned
Bhargovi Gems Pvt Ltd                   Post Shipment      CRISIL A3      407     Reaffirmed
                                        Credit
Binjusaria Sponge and Power Pvt Ltd     LOC*               CRISIL A4+     30      Reaffirmed
*0.35 crore Bank guarantee sublimit of Letter of Credit
Blue Star Malleable Pvt Ltd             BG                 CRISIL A4      95      Migrated from
                                                                                  CRISIL A4+
Issuer Not Cooperating
BSR Techinfra                           BG                 CRISIL A4      80      Assigned
Ceekay Associates                       BG                 CRISIL A4+     15      Assigned
Centum Rakon India Pvt Ltd              BG                 CRISIL A3+     30      Reaffirmed
Continues on 'Rating Watch with Negative Implications'
Centum Rakon India Pvt Ltd              LOC                CRISIL A3+     20      Reaffirmed
Continues on 'Rating Watch with Negative Implications'
Chembond Water Technologies Ltd         BG                 CRISIL A2      75      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Classic Coir Factory                    Proposed Packing   CRISIL A4      30      Assigned
                                        Credit
Classic Coir Factory                    Packing Credit     CRISIL A4      35      Assigned
ClearTrip Pvt Ltd                       BG                 CRISIL A4+             Withdrawn
ClearTrip Pvt Ltd                       Overdraft          CRISIL A4+     656.4   Withdrawn
Conc Shade Constructions Pvt Ltd        BG                 CRISIL A4+     6.5     Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Consort Builders Pvt Ltd                LOC                CRISIL A3      10      Assigned
Consort Builders Pvt Ltd                BG                 CRISIL A3      282.5   Assigned
Coslight India Telecom Pvt Ltd          Non-FBL@           CRISIL A4+     90      Assigned
@ Non-fund based limits include Bid Bond Bank Guarantee -1 (Rs. 7.5 crores), Performance Bank
Guarantee -1 (Rs. 5 crores), Letter of Credit - 1 (Rs. 5 crores) and Counter Bank Guarantee (Rs.
7.5 crores)    
D. Navinchandra Exports Pvt Ltd         Packing Credit     CRISIL A2      82      Reaffirmed
D. Navinchandra Exports Pvt Ltd         Post Shipment      CRISIL A2      1093    Reaffirmed
                                        Credit
Deep Industries Ltd                     BG                 CRISIL A3+     400     Withdrawn
Issuer Not Cooperating; Rating Withdrawn
DJPR Constructions Pvt Ltd              BG                 CRISIL A4+     200     Reaffirmed
DPB Antibiotics                         LOC                CRISIL A3      200     Upgraded from
                                                                                  CRISIL A4+
Dunexo Ceramic Pvt Ltd                  BG                 CRISIL A4+     10      Assigned
Elcome Integrated Systems Pvt Ltd       BG                 CRISIL A3      230     Reaffirmed
Elcome Integrated Systems Pvt Ltd       LOC                CRISIL A3      70      Reaffirmed
EPC Industrie Ltd                       BG                 CRISIL A1      10.4    Reaffirmed
Ethix Clothing                          BG                 CRISIL A4+     30      Reaffirmed
Fab-Tech Works and Constructions Pvt LtdBG                 CRISIL A3      310     Reaffirmed
Falcon Marine Exports Ltd               BG                 CRISIL A1+     5       Reaffirmed
Falcon Marine Exports Ltd               Export Packing     CRISIL A1+     1580    Reaffirmed
                                        Credit
Falcon Marine Exports Ltd               LOC                CRISIL A1+     150     Reaffirmed
Falcon Marine Exports Ltd               Post Shipment      CRISIL A1+     350     Reaffirmed
                                        Credit
Fermenta Biotech Ltd                    Letter Of GuaranteeCRISIL A3+     2.5     Reaffirmed
Continues on 'Rating Watch with Developing Implications'
Fermenta Biotech Ltd                    LOC                CRISIL A3+     50      Reaffirmed
Continues on 'Rating Watch with Developing Implications'
Fermenta Biotech Ltd                    Packing Credit in  CRISIL A3+     120     Reaffirmed
                                        Foreign Currency@
Continues on 'Rating Watch with Developing Implications'@fully interchangeable with
post-shipment credit
Flavour Granito LLP                     BG                 CRISIL A4      32      Migrated from
                                                                                  CRISIL A4
Issuer Not Cooperating
Genesys International Corporation Ltd   BG                 CRISIL A4+     40      Reaffirmed
Genesys International Corporation Ltd   Packing Credit     CRISIL A4+     100     Reaffirmed
Globe Gas Equipments Industry Pvt Ltd   Packing Credit     CRISIL A4+     87.5    Assigned
Globe Gas Equipments Industry Pvt Ltd   BG                 CRISIL A4+     22.5    Assigned
Gopani Iron and Power India Pvt Ltd.    LOC & BG           CRISIL A4+     1060    Reaffirmed
Gulati Brothers                         Overdraft          CRISIL A4      5       Reaffirmed
Gulati Brothers                         Packing Credit     CRISIL A4      35      Reaffirmed
Herald Publications Pvt Ltd             BG                 CRISIL A4+     0.5     Reaffirmed
Herald Publications Pvt Ltd             LOC                CRISIL A4+     5       Reaffirmed
Heranba Industries Ltd                  Foreign            CRISIL A2      150     Reaffirmed
                                        Discounting Bill
                                        Purchase
Heranba Industries Ltd                  Inland/Import LOC  CRISIL A2      300     Reaffirmed
Heranba Industries Ltd                  LOC & BG           CRISIL A2      100     Reaffirmed
Heranba Industries Ltd                  Packing Credit in  CRISIL A2      140     Reaffirmed
                                        Foreign Currency
India Fashions Ltd                      LOC                CRISIL A4      40      Reaffirmed
India Fashions Ltd                      Packing Credit     CRISIL A4      65      Reaffirmed
Indian Railway Finance Corporation Ltd  ST Debt            CRISIL A1+     120000  Reaffirmed
                                        Programme@  
@Total short-term bank borrowings and borrowings under the rated short-term debt programme not
to exceed Rs 12000 crore at any point in time.
Indo Unique Flame Ltd                   BG                 CRISIL A4+     520     Migrated from
                                                                                  CRISIL A3
Issuer Not Cooperating
Indraprastha Logistics Pvt Ltd          BG                 CRISIL A4+     20      Assigned
J. B and Brothers Pvt Ltd               Loan Equivalent    CRISIL A2+     15      Reaffirmed
                                        Risk Limits
J. B and Brothers Pvt Ltd               Pre Shipment CreditCRISIL A2+     4376    Reaffirmed
J.J. Plastalloy Pvt Ltd                 BG                 CRISIL A4+     40      Reaffirmed
J.J. Plastalloy Pvt Ltd                 LOC                CRISIL A4+     130     Reaffirmed
J.J. Plastalloy Pvt Ltd                 Packing Credit     CRISIL A4+     60      Reaffirmed
Jai Singh and Company                   BG                 CRISIL A4+     65      Assigned
Jayalaxmi Minerals & Resources Pvt Ltd  Inland/Import LOC  CRISIL A4+     100     Assigned
Kalyani Technoforge Ltd                 LOC Bill           CRISIL A2      440     Reaffirmed
                                        Discounting
KKSPUN India Ltd                        BG                 CRISIL A2+     4600    Reaffirmed
KKSPUN India Ltd                        LOC                CRISIL A2+     420     Reaffirmed
Koshambh Multitred Pvt Ltd              LOC                CRISIL A3+     100     Reaffirmed
LCL Logistix India Pvt Ltd              BG                 CRISIL A3      200     Reaffirmed
Placed on 'Rating Watch with Developing Implications'
Leebo Metals Pvt Ltd                    BG                 CRISIL A3      6       Upgraded from
                                                                                  CRISIL A4+
Leebo Metals Pvt Ltd                    LOC                CRISIL A3      30      Upgraded from
                                                                                  CRISIL A4+
Levinza Ceramic Pvt Ltd                 BG                 CRISIL A4      8.5     Assigned
Lincon Polymers Pvt Ltd                 BG                 CRISIL A3+     30      Assigned
Lincon Polymers Pvt Ltd                 LOC                CRISIL A3+     50      Assigned
Lumax Auto Technologies Ltd             ST Loan            CRISIL A1+     100     Reassigned
Lumax Auto Technologies Ltd             CP                 CRISIL A1+     200     Upgraded from
                                                                                  CRISIL A1
Luxurico Ceramic LLP                    Proposed BG        CRISIL A4      8       Assigned
M S Ship Breaking Pvt Ltd               Import LOC Limit   CRISIL A4      65      Migrated from
                                                                                  CRISIL A4
Issuer Not Cooperating
Madineni Infra Pvt Ltd                  BG                 CRISIL A4      20      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Mahak Rice Industries                   BG                 CRISIL A4      50      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Maharaja                                LOC*               CRISIL A4+     60      Assigned
*100% interchangeable with cash credit
Malu Electrodes Pvt Ltd                 LOC                CRISIL A1+     500     Reaffirmed
Malu Paper Mills Ltd                    BG                 CRISIL A4+     22      Reaffirmed
Malu Paper Mills Ltd                    LOC                CRISIL A4+     120     Reaffirmed
MDD Medical Systems India Pvt Ltd       BG                 CRISIL A4+     240     Assigned
Mozaro Tiles LLP                        Proposed BG        CRISIL A4      10      Assigned
Ocean Gate Container Terminals Pvt Ltd  BG                 CRISIL A3      250     Reaffirmed
Placed on 'Rating Watch with Developing Implications'
Omega Rolling Mills Pvt Ltd             BG                 CRISIL A3      25      Upgraded from
                                                                                  CRISIL A4+
Omega Rolling Mills Pvt Ltd             LOC                CRISIL A3      75      Upgraded from
                                                                                  CRISIL A4+
Oriental Export Corporation             BG                 CRISIL A4+     5       Reaffirmed
Oriental Export Corporation             Foreign Bill       CRISIL A4+     50      Reaffirmed
                                        Discounting
Oriental Export Corporation             Inland/Import LOC  CRISIL A4+     10      Reaffirmed
Oriental Export Corporation             Packing Credit     CRISIL A4+     135     Reaffirmed
Oriental Export Corporation             Proposed ST Bk     CRISIL A4+     50      Reaffirmed
                                        Loan Fac
Paramount Enterprises                   Proposed ST Bk     CRISIL A4      40      Assigned
                                        Loan Fac
Paramount Enterprises                   BG                 CRISIL A4      50      Assigned
Parth Papers Llp                        BG                 CRISIL A4+     10      Assigned
Parveen Industries Pvt Ltd              LOC & BG           CRISIL A4+     50      Migrated from
                                                                                  CRISIL A4+
Issuer Not Cooperating
Payal Petrochem Pvt Ltd                 LOC                CRISIL A4+     434.2   Withdrawn
PBR Select Infra Projects               BG                 CRISIL A4      40      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Pregna International Ltd                LOC$               CRISIL A4+     15      Reaffirmed
$Interchangeable with BG of Rs. 0.50
Pregna International Ltd                Packing Credit in  CRISIL A4+     20.5    Reaffirmed
                                        Foreign Currency#
#With sublimit of PSFC of Rs. 2.05 cr or sublimit of OD of Rs. 0.50
Prolific Systems and Technologies Pvt   BG                 CRISIL A3      140     Reaffirmed
Ltd
R.R.Thulasi Builders India Pvt Ltd      BG                 CRISIL A3+     189.4   Reaffirmed
Rajkamal Builders Infrastructure Pvt LtdBG                 CRISIL A2      2650    Assigned
Relcon Foundations Pvt Ltd              BG                 CRISIL A4      20      Assigned
Repute Foods Pvt Ltd                    LOC                CRISIL A4      40      Assigned
Roar Ceramic LLP                        Proposed BG        CRISIL A4      10      Assigned
Roquette Riddhi Siddhi Pvt Ltd          Export Packing     CRISIL A1+     850     Reaffirmed
                                        Credit @
@ Interchangeable with overdraft facility/short term loans facility/export bills discounting
facility/credit bills negotiated - discrepant facility/bond and guarantees facility/import
letter of credit/import invoice financing facility
Roquette Riddhi Siddhi Pvt Ltd          Export Packing     CRISIL A1+     500     Reaffirmed
                                        Credit ++
++ Interchangeable with inland bills purchased - inland bills discounted/foreign usance bills
discounted - foreign bills purchased/packing credit in foreign currency/post-shipment credit in
foreign currency/working capital demand loans/buyer's credit/letter of credit/bank guarantee.
Roquette Riddhi Siddhi Pvt Ltd          Inland/Import LOC  CRISIL A1+     37.5    Reaffirmed
                                        <  >
<  > Interchangeable with acceptance related to buyer's credit/ performance bank
guarantee/financial bank guarantee
Roquette Riddhi Siddhi Pvt Ltd          LOC @@             CRISIL A1+     300     Reaffirmed
@@Interchangeable with bank guarantees
Roquette Riddhi Siddhi Pvt Ltd          Proposed ST Bk     CRISIL A1+     500     Reaffirmed
                                        Loan Fac
Roquette Riddhi Siddhi Pvt Ltd          CP Programme       CRISIL A1+     1000    Reaffirmed
Rose Metals - Mumbai                    LOC                CRISIL A4      150     Assigned
Saraswathi Engineering Construction Pvt BG                 CRISIL A4      45      Reaffirmed
Ltd
Sheela Foam Ltd                         BG                 CRISIL A1+     50      Upgraded from
                                                                                  CRISIL A1
Sheela Foam Ltd                         LOC                CRISIL A1+     200     Upgraded from
                                                                                  CRISIL A1
Shell Laminates Pvt Ltd                 LOC                CRISIL A4+     30      Assigned
Shri Hari Gems                          Proposed ST Bk     CRISIL A4+     90      Migrated from
                                        Loan Fac                                  CRISIL A3
Issuer Not Cooperating
Shri S. M. Autade Pvt Ltd               BG                 CRISIL A3+     1090    Upgraded from
                                                                                  CRISIL A3
St. John Sawmill and Timbers            LOC                CRISIL A4      51      Assigned
Suri Shoes Pvt Ltd                      BG                 CRISIL A4+     0.5     Migrated from
                                                                                  CRISIL A4+
Issuer Not Cooperating
Suri Shoes Pvt Ltd                      Foreign Exchange   CRISIL A4+     10      Migrated from
                                        Forward                                   CRISIL A4+
Issuer Not Cooperating
Suri Shoes Pvt Ltd                      LOC                CRISIL A4+     20      Migrated from
                                                                                  CRISIL A4+
Issuer Not Cooperating
Suri Shoes Pvt Ltd                      Proposed NFBL      CRISIL A4+     33.8    Migrated from
                                                                                  CRISIL A4+
Issuer Not Cooperating
Syngene International Ltd               LOC & BG           CRISIL A1+     185     Reaffirmed
Reaffirmed
Syngene International Ltd               Overdraft          CRISIL A1+     50      Reaffirmed
Reaffirmed
Syngene International Ltd               Packing Credit in  CRISIL A1+     1815    Reaffirmed
                                        Foreign Currency
Tata Motors Finance Ltd                 CP                 CRISIL A1+     70000   Reaffirmed
(Enhanced from Rs.6000 Crore)
The National Small Industries           CP                 CRISIL A1+     10000   Reaffirmed
Corporation Ltd
The Sandur Manganese And Iron Ores Ltd  LOC                CRISIL A2+     200     Assigned
The Sandur Manganese And Iron Ores Ltd  BG                 CRISIL A2+     400     Assigned
TRT Builders & Constructions India Pvt  BG                 CRISIL A4      40      Assigned
Ltd
TRT Builders & Constructions India Pvt  Overdraft          CRISIL A4      65      Assigned
Ltd
Venus Hotelware Pvt Ltd                 Packing Credit     CRISIL A4      35      Assigned
Venus Hotelware Pvt Ltd                 Overdraft          CRISIL A4      7       Assigned
Venus Hotelware Pvt Ltd                 BG                 CRISIL A4      5       Assigned
Venus Hotelware Pvt Ltd                 LOC                CRISIL A4      10      Assigned
Vidya Wires Pvt Ltd                     BG                 CRISIL A3+     25      Reaffirmed
Vijayasree Foods                        BG                 CRISIL A4      100     Reaffirmed
Visa Engineering Products (India) Pvt   LOC                CRISIL A3+     20      Assigned
Ltd
Vnm Jewel Crafts Ltd                    BG                 CRISIL A4      10      Assigned
Xoriant Solutions Pvt Ltd               Foreign Bill       CRISIL A2      50      Reaffirmed
                                        Discounting
(Issuer Not Cooperating; Rating Migrated)
Yashnand Engineer and Contractors       BG                 CRISIL A2      840     Assigned

LONG TERM RATINGS:
-------------------
3i Infotech Ltd                         TL                 CRISIL BBB-    3878.1  Upgraded from
                                                                                  CRISIL BB

Aabharan Jewellery                      CC                 CRISIL B       65      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Accord Vitrified Pvt Ltd                Proposed LT Bk     CRISIL B+      660     Assigned
                                        Loan Fac
Assigned
ADD Pens Pvt Ltd                        CC                 CRISIL BBB-    35      Downgraded
                                                                                  from CRISIL
                                                                                  BBB
ADD Pens Pvt Ltd                        Proposed LT Bk     CRISIL BBB-    22.5    Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB
Alok Ingots (Mumbai) Pvt Ltd            CC                 CRISIL BB      130     Upgraded from
                                                                                  CRISIL BB-
Alok Ingots (Mumbai) Pvt Ltd            Proposed LT Bk     CRISIL BB      39.7    Upgraded from
                                        Loan Fac                                  CRISIL BB-
Alok Ingots (Mumbai) Pvt Ltd            TL                 CRISIL BB      36      Upgraded from
                                                                                  CRISIL BB-
Amara Raja Electronics Ltd              CC                 CRISIL BB      175.5   Upgraded from
                                                                                  CRISIL BB-
Amara Raja Electronics Ltd              LT Loan            CRISIL BB      20      Upgraded from
                                                                                  CRISIL BB-
Amrutvahini Sheti and Shikshan Vikas    Overdraft          CRISIL BB+     47.5    Upgraded from
Sanstha                                                                           CRISIL BB
Amrutvahini Sheti and Shikshan Vikas    Proposed LT Bk     CRISIL BB+     102.5   Upgraded from
Sanstha                                 Loan Fac                                  CRISIL BB
Ankit Construction                      Proposed LT Bk     CRISIL BB-     100     Assigned
                                        Loan Fac
Anupam Ceramics                         CC                 CRISIL BB      49      Assigned
Anupam Ceramics                         TL                 CRISIL BB      5       Assigned
Arihant Steels - Mumbai                 CC                 CRISIL BBB-    100     Upgraded from
                                                                                  CRISIL BB+
Arnit Creations Pvt Ltd                 TL                 CRISIL BB-     9.7     Assigned
Arnit Creations Pvt Ltd                 Proposed FB Bk     CRISIL BB-     22.9    Assigned
                                        Limits
Arnit Creations Pvt Ltd                 CC                 CRISIL BB-     60      Assigned
Arnit Creations Pvt Ltd                 Loan Against       CRISIL BB-     7.4     Assigned
                                        Property
Asian Fab Tec Ltd                       CC                 CRISIL BB+     650     Migrated from
                                                                                  CRISIL BBB
Issuer Not Cooperating
Asian Fab Tec Ltd                       TL                 CRISIL BB+     150     Migrated from
                                                                                  CRISIL BBB
Issuer Not Cooperating
Assam Tea Warehousing Corporation       TL                 CRISIL BB+     500     Assigned
Assam Tea Warehousing Corporation       Lease Rental       CRISIL BB+     125     Assigned
                                        Discounting Loan
Automotive Robotics (India) Pvt Ltd     CC                 CRISIL BB      100     Withdrawn
Badve Autocomps Pvt Ltd                 CC                 CRISIL BBB+    627.4   Reaffirmed
Badve Autocomps Pvt Ltd                 TL                 CRISIL BBB+    2292.6  Reaffirmed
Badve Autotech Pvt Ltd                  CC                 CRISIL BBB     92.6    Reaffirmed
Badve Autotech Pvt Ltd                  Proposed LT Bk     CRISIL BBB     138.7   Reaffirmed
                                        Loan Fac
Badve Autotech Pvt Ltd                  TL                 CRISIL BBB     1058.7  Assigned
Bakshi Security and Personnel Services  CC                 CRISIL BB+     30      Upgraded from
Pvt Ltd                                                                           CRISIL BB
Upgraded from CRISIL BB
Bal Kishan Om Prakash And Company       Warehouse Receipts CRISIL B+      80      Withdrawn
Issuer Not Cooperating; Migrated from 'CRISIL B+
Balajee Education Pvt Ltd               Loan Against       CRISIL BBB+    155.3   Upgraded from
                                        Property                                  CRISIL BBB
Balajee Education Pvt Ltd               Proposed LT Bk     CRISIL BBB+    110     Upgraded from
                                        Loan Fac                                  CRISIL BBB
Balajee Education Pvt Ltd               Secured Overdraft  CRISIL BBB+    155.3   Upgraded from
                                        Fac                                       CRISIL BBB
BERG And SCHMIDT (India) Pvt Ltd        CC/ Overdraft Fac  CRISIL BB+     20      Assigned
BERG And SCHMIDT (India) Pvt Ltd        Proposed LT Bk     CRISIL BB+     100     Assigned
                                        Loan Fac
Bharat Singh Verma Cold Storage         LT Loan            CRISIL B+      20      Assigned
Bharathi Exim                           CC                 CRISIL BB-     45      Assigned
Bharathi Exim                           Proposed CC Limit  CRISIL BB-     20      Assigned
Bhargovi Gems Pvt Ltd                   Export Packing     CRISIL BBB-    226     Reaffirmed
                                        Credit
Bhargovi Gems Pvt Ltd                   Post Shipment      CRISIL BBB-    97      Reaffirmed
                                        Credit
Binjusaria Ispat Pvt Ltd                CC                 CRISIL BBB     120     Reaffirmed
Outlook revised from Negative
Binjusaria Ispat Pvt Ltd                Proposed LT Bk     CRISIL BBB     30      Reaffirmed
                                        Loan Fac
Outlook revised from Negative
Binjusaria Sponge and Power Pvt Ltd     CC                 CRISIL BB+     82.5    Reaffirmed
Binjusaria Sponge and Power Pvt Ltd     Proposed LT Bk     CRISIL BB+     7.5     Reaffirmed
                                        Loan Fac
Blue Star Malleable Pvt Ltd             CC                 CRISIL B+      55      Migrated from
                                                                                  CRISIL BB
Issuer Not Cooperating
BSR Techinfra                           CC                 CRISIL B+      1       Assigned
Ceekay Associates                       Electronic Dealer  CRISIL BB-     50      Assigned
                                        Financing
                                        Scheme(e-DFS)
Ceekay Associates                       CC                 CRISIL BB-     80      Assigned
Centum Rakon India Pvt Ltd              Export Packing     CRISIL BBB     100     Reaffirmed
                                        Credit
Continues on 'Rating Watch with Negative Implications'
Centum Rakon India Pvt Ltd              Proposed FB Bk     CRISIL BBB     340     Reaffirmed
                                        Limits
Continues on 'Rating Watch with Negative Implications'
Chembond Water Technologies Ltd         CC                 CRISIL BBB+    15      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Classic Coir Factory                    Proposed WC Fac    CRISIL B       40      Assigned
Classic Coir Factory                    Foreign Bill       CRISIL B       35      Assigned
                                        Purchase
ClearTrip Pvt Ltd                       CC                 CRISIL BB+             Withdrawn
CMYK Printech Ltd                       CC                 CRISIL B+      90      Assigned
Conc Shade Constructions Pvt Ltd        CC                 CRISIL BB-     75      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Conc Shade Constructions Pvt Ltd        Overdraft          CRISIL BB-     58.5    Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Consort Builders Pvt Ltd                WC Demand Loan     CRISIL BBB-    27.5    Assigned
Consort Builders Pvt Ltd                TL                 CRISIL BBB-    50      Assigned
Consort Builders Pvt Ltd                CC                 CRISIL BBB-    80      Assigned
Coslight India Telecom Pvt Ltd          CC*                CRISIL BB      10      Assigned
*Cash credit is fully interchangeable with non-fund based limits subject to the combined
drawings on both fund and non-fund based facilities not exceeding Rs. 10 crores.    
D. Navinchandra Exports Pvt Ltd         Export Packing     CRISIL BBB+    1870    Reaffirmed
                                        Credit
D. Navinchandra Exports Pvt Ltd         Proposed LT Bk     CRISIL BBB+    355     Reaffirmed
                                        Loan Fac
Deep Industries Ltd                     CC                 CRISIL BBB     150     Withdrawn
Issuer Not Cooperating; Rating Withdrawn
Deep Industries Ltd                     Corporate Loan     CRISIL BBB     100     Withdrawn
Issuer Not Cooperating; Rating Withdrawn
Deep Industries Ltd                     Proposed LT Bk     CRISIL BBB     156.6   Withdrawn
                                        Loan Fac
Issuer Not Cooperating; Rating Withdrawn
Deep Industries Ltd                     TL                 CRISIL BBB     1203.4  Withdrawn
Issuer Not Cooperating; Rating Withdrawn* 
DJPR Constructions Pvt Ltd              CC                 CRISIL BB+     50      Reaffirmed
DPB Antibiotics                         CC                 CRISIL BBB-    30      Upgraded from
                                                                                  CRISIL BB+
Dunexo Ceramic Pvt Ltd                  TL                 CRISIL BB-     17.3    Assigned
Dunexo Ceramic Pvt Ltd                  Proposed LT Bk     CRISIL BB-     7.7     Assigned
                                        Loan Fac
Dunexo Ceramic Pvt Ltd                  CC                 CRISIL BB-     45      Assigned
Elcome Integrated Systems Pvt Ltd       CC                 CRISIL BBB-    170     Reaffirmed
Outlook revised from Negative
Elcome Integrated Systems Pvt Ltd       Proposed LT Bk     CRISIL BBB-    10      Reaffirmed
                                        Loan Fac
Outlook revised from Negative
Elcome Integrated Systems Pvt Ltd       TL                 CRISIL BBB-    420     Reaffirmed
Outlook revised from Negative
EPC Industrie Ltd                       CC#                CRISIL A+      445     Reaffirmed
# Interchangeable with working capital demand loan to the extent of Rs 30.00 crore, letter of
credit to the extent of Rs 33.00 crore; interchangeable with bank guarantee to the extent of Rs
26.00 crore.
EPC Industrie Ltd                       Proposed LT Bk     CRISIL A+      44.6    Reaffirmed
                                        Loan Fac
Ethix Clothing                          CC                 CRISIL BB+     270     Reaffirmed
Fab-Tech Works and Constructions Pvt LtdCC                 CRISIL BBB-    200     Reaffirmed
Falcon Marine Exports Ltd               Proposed LT Bk     CRISIL A+      50      Assigned
                                        Loan Fac
Fermenta Biotech Ltd                    CC#                CRISIL BBB     170     Reaffirmed
Continues on 'Rating Watch with Developing Implications'#Interchangeable with buyer's credit to
the extent of Rs 15 crore
Fermenta Biotech Ltd                    CC*                CRISIL BBB     50      Reaffirmed
Continues on 'Rating Watch with Developing Implications'*fully interchangeable with buyer's
credit
Fermenta Biotech Ltd                    LT Loan            CRISIL BBB     87.5    Reaffirmed
Continues on 'Rating Watch with Developing Implications'
Flavour Granito LLP                     CC                 CRISIL B+      100     Migrated from
                                                                                  CRISIL B+
Issuer Not Cooperating
Flavour Granito LLP                     TL                 CRISIL B+      255     Migrated from
                                                                                  CRISIL B+
Issuer Not Cooperating
G. D. Builders                          LT Bk Fac          CRISIL B+      100     Assigned
Gajalakshmi Bangalore Dyes and ChemicalsChannel Financing  CRISIL B+      70      Assigned
Gajalakshmi Bangalore Dyes and ChemicalsProposed LT Bk     CRISIL B+      30      Assigned
                                        Loan Fac
Garg Rice Industry                      Proposed CC Limit  CRISIL B       29.5    Assigned
Garg Rice Industry                      CC                 CRISIL B       48      Assigned
Garg Rice Industry                      LT Loan            CRISIL B       22.5    Assigned
Genesys International Corporation Ltd   Proposed LT Bk     CRISIL BB+     130     Reaffirmed
                                        Loan Fac
Outlook revised from Negative
Globe Gas Equipments Industry Pvt Ltd   Proposed LT Bk     CRISIL BB      32.5    Assigned
                                        Loan Fac
Globe Gas Equipments Industry Pvt Ltd   CC                 CRISIL BB      42.5    Assigned
Goldcoin Polyplast                      CC                 CRISIL B+      56.5    Withdrawn
Issuer Not Cooperating,Migrated from CRISIL B+
Goldcoin Polyplast                      TL                 CRISIL B+      83.5    Withdrawn
Issuer Not Cooperating,Migrated from CRISIL B+
Goodwill Developers                     TL*                CRISIL BBB-(SO)203.5   Assigned
*Lease Rental Facility    
Goodwill Developers                     Overdraft*         CRISIL BBB-(SO)46.5    Assigned
*Lease Rental Facility    
Goodwill Developers                     Proposed LT Bk     CRISIL BBB-(SO)10      Assigned
                                        Loan Fac
Gopani Iron and Power India Pvt Ltd.    CC                 CRISIL BB+     170     Reaffirmed
Gopani Iron and Power India Pvt Ltd.    Proposed LT Bk     CRISIL BB+     160     Reaffirmed
                                        Loan Fac
Govardhan Ispat (India) Pvt Ltd         CC                 CRISIL BB-     84.7    Migrated from
                                                                                  CRISIL BB
Issuer Not Cooperating
Govardhan Ispat (India) Pvt Ltd         LT Loan            CRISIL BB-     117.8   Migrated from
                                                                                  CRISIL BB
Issuer Not Cooperating
Greenpeace Sustainable Foods Pvt Ltd    Proposed LT Bk     CRISIL B+      120     Assigned
                                        Loan Fac
Gulati Brothers                         Foreign Bill       CRISIL B       12.5    Reaffirmed
                                        Purchase
Herald Publications Pvt Ltd             CC                 CRISIL BB      100     Reaffirmed
Herald Publications Pvt Ltd             TL                 CRISIL BB      77      Reaffirmed
Heranba Industries Ltd                  CC                 CRISIL BBB+    185     Reaffirmed
Outlook revised from Stable
Heranba Industries Ltd                  CC & WC demand loanCRISIL BBB+    650     Reaffirmed
Outlook revised from Stable
Hightech Energy Feeds (India) Pvt Ltd   CC/ Overdraft Fac  CRISIL BB+     65      Assigned
Hightech Energy Feeds (India) Pvt Ltd   Proposed LT Bk     CRISIL BB+     55      Assigned
                                        Loan Fac
Himalaya India Developers               LT Loan            CRISIL B       50      Assigned
Himalaya India Developers               Proposed LT Bk     CRISIL B       50      Assigned
                                        Loan Fac
Himatsingka Wovens Pvt Ltd              CC                 CRISIL A-      80      Migrated from
                                                                                  CRISIL BB+
Hotel Sky Scapers                       TL                 CRISIL B       80      Assigned
Imperial Hospital and Research Centre   CC                 CRISIL A+      100     Reaffirmed
Ltd
Imperial Hospital and Research Centre   TL                 CRISIL A+      900     Reaffirmed
Ltd
Indian Railway Finance Corporation Ltd  LT Borrowing       CRISIL AAA     400000  Reaffirmed
                                        Programme
Indian Railway Finance Corporation Ltd  NCDs               CRISIL AAA     616840  Reaffirmed
Indian Railway Finance Corporation Ltd  Bonds              CRISIL AAA     1342790 Reaffirmed
(Including Bonds and Term Loans)
Indo Unique Flame Ltd                   CC                 CRISIL BB+     280     Migrated from
                                                                                  CRISIL BBB-
Issuer Not Cooperating
Indraprastha Logistics Pvt Ltd          TL                 CRISIL BB+     185     Assigned
Indraprastha Logistics Pvt Ltd          CC                 CRISIL BB+     25      Assigned
J. B and Brothers Pvt Ltd               Post Shipment      CRISIL A-      1789    Reaffirmed
                                        Credit
J.J. Plastalloy Pvt Ltd                 CC                 CRISIL BB      210     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
J.J. Plastalloy Pvt Ltd                 LT Loan            CRISIL BB      140     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Jai Singh and Company                   Proposed LT Bk     CRISIL BB      15      Assigned
                                        Loan Fac
Jayalaxmi Minerals & Resources Pvt Ltd  CC                 CRISIL BB-     10      Assigned
Jhanwar Rice and Dall Mill              CC                 CRISIL BB-     100     Withdrawn
Issuer Not Cooperating
Jhanwar Rice and Dall Mill              Proposed LT Bk     CRISIL BB-     1.1     Withdrawn
                                        Loan Fac
Issuer Not Cooperating
Jhanwar Rice and Dall Mill              WC Demand Loan     CRISIL BB-     30      Withdrawn
Issuer Not Cooperating
K N Industries                          Proposed CC Limit  CRISIL BB      20      Assigned
K N Industries                          CC                 CRISIL BB      30      Assigned
K N Industries                          LT Bk Fac          CRISIL BB      40      Assigned
Kalyani Technoforge Ltd                 External           CRISIL BBB+    900     Reaffirmed
                                        Commercial
                                        Borrowings
Kalyani Technoforge Ltd                 Rupee TL           CRISIL BBB+    300     Reaffirmed
Kalyani Technoforge Ltd                 TL                 CRISIL BBB+    330     Reaffirmed
Kalyani Technoforge Ltd                 WC Fac             CRISIL BBB+    650     Reaffirmed
Kavi Poultrie                           CC                 CRISIL BB+     75      Upgraded from
                                                                                  CRISIL BB
Kavi Poultrie                           LT Loan            CRISIL BB+     11.7    Upgraded from
                                                                                  CRISIL BB
Kavi Poultrie                           Overdraft          CRISIL BB+     20      Upgraded from
                                                                                  CRISIL BB
Kavi Poultrie                           WC TL              CRISIL BB+     13.3    Upgraded from
                                                                                  CRISIL BB
KCC Roads Construction Pvt Ltd          TL                 CRISIL A-      760     Reaffirmed
Kimaya Industries Pvt Ltd               CC                 CRISIL BB-     110     Withdrawn
Kimaya Industries Pvt Ltd               TL                 CRISIL BB-     38      Withdrawn
KKSPUN India Ltd                        CC                 CRISIL A-      600     Reaffirmed
KKSPUN India Ltd                        LT Loan            CRISIL A-      90      Reaffirmed
KKSPUN India Ltd                        Standby Line of    CRISIL A-      100     Reaffirmed
                                        Credit
KKSPUN India Ltd                        TL                 CRISIL A-      390     Reaffirmed
Koshambh Multitred Pvt Ltd              Foreign Bill       CRISIL BBB     330     Reaffirmed
                                        Purchase
Koshambh Multitred Pvt Ltd              TL                 CRISIL BBB     158.5   Reaffirmed
Krishna Rice Mills Pvt Ltd              CC                 CRISIL BB-     200     Reaffirmed
Krishna Rice Mills Pvt Ltd              Proposed TL        CRISIL BB-     10      Assigned
Laxmi Automobiles                       CC                 CRISIL BB      75      Assigned
Laxmi Automobiles                       Channel Financing  CRISIL BB      25      Assigned
LCL Logistix India Pvt Ltd              CC                 CRISIL BBB-    600     Reaffirmed
Placed on 'Rating Watch with Developing Implications'
Leebo Metals Pvt Ltd                    CC                 CRISIL BBB-    115     Upgraded from
                                                                                  CRISIL BB+
Leebo Metals Pvt Ltd                    Proposed LT Bk     CRISIL BBB-    11      Upgraded from
                                        Loan Fac                                  CRISIL BB+
Levinza Ceramic Pvt Ltd                 TL                 CRISIL B+      68.1    Assigned
Levinza Ceramic Pvt Ltd                 CC                 CRISIL B+      30      Assigned
Lincon Polymers Pvt Ltd                 TL                 CRISIL BBB     485     Assigned
Lincon Polymers Pvt Ltd                 CC                 CRISIL BBB     300     Assigned
Linga Bhairavi Enterprises              CC                 CRISIL B+      40      Assigned
Linga Bhairavi Enterprises              TL                 CRISIL B+      30      Assigned
Lumax Auto Technologies Ltd             CC                 CRISIL A+      270     Reaffirmed
Outlook revised from Stable
Lumax Auto Technologies Ltd             Proposed LT Bk     CRISIL A+      150     Reaffirmed
                                        Loan Fac
Outlook revised from Stable
Lumax Auto Technologies Ltd             TL*                CRISIL A+      200     Assigned
Outlook revised from Stable , *Fully repaid, CRISIL is awaiting banker's confirmation to
withdraw the rating

Luxurico Ceramic LLP                    Proposed LT Bk     CRISIL B+      72      Assigned
                                        Loan Fac
Luxurico Ceramic LLP                    Proposed CC Limit  CRISIL B+      40      Assigned
M S Ship Breaking Pvt Ltd               CC                 CRISIL B       80      Migrated from
                                                                                  CRISIL B
Issuer Not Cooperating
M. Chandravadana                        Lease Rental       CRISIL B+      50      -
                                        Discounting Loan
(Issuer Not Cooperating; Rating Migrated)
Maa Kamakshya Enterprise                CC                 CRISIL BB-     50      Assigned
Madhav Stelco Pvt Ltd                   Bill Discounting   CRISIL BBB-    50      Assigned
Madhav Stelco Pvt Ltd                   CC                 CRISIL BBB-    200     Assigned
Madineni Infra Pvt Ltd                  CC                 CRISIL B       75      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Mahak Rice Industries                   CC                 CRISIL B+      15      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Mahak Rice Industries                   TL                 CRISIL B+      10      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Maharaja                                CC                 CRISIL BB+     140     Assigned
Malu Electrodes Pvt Ltd                 CC                 CRISIL A+      167.5   Reaffirmed
Malu Electrodes Pvt Ltd                 Proposed LT Bk     CRISIL A+      52.5    Reaffirmed
                                        Loan Fac
Malu Paper Mills Ltd                    CC                 CRISIL BB-     247.5   Reaffirmed
Malu Paper Mills Ltd                    LT Loan            CRISIL BB-     568.9   Reaffirmed
Malu Paper Mills Ltd                    Proposed LT Bk     CRISIL BB-     11.6    Reaffirmed
                                        Loan Fac
Maxroof Corporation Pvt Ltd             CC                 CRISIL BB+     28.5    Assigned
Maxroof Corporation Pvt Ltd             TL                 CRISIL BB+     21.5    Assigned
Mithra Auto Agencies Pvt Ltd            CC                 CRISIL BB-     146     Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Mithra Auto Agencies Pvt Ltd            LT Loan            CRISIL BB-     10      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Mithra Auto Agencies Pvt Ltd            Proposed LT Bk     CRISIL BB-     34      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
MLAPLNP Associates                      CC                 CRISIL BB-     90      Assigned
MLAPLNP Associates                      Proposed FB Bk     CRISIL BB-     1       Assigned
                                        Limits
Mozaro Tiles LLP                        Proposed LT Bk     CRISIL B+      100     Assigned
                                        Loan Fac
Mozaro Tiles LLP                        Proposed CC Limit  CRISIL B+      40      Assigned
Nishit Aggarwal Krishi Sewa Kendra      CC                 CRISIL B+      50      Withdrawn
Migrated from CRISIL B+
Nishit Aggarwal Krishi Sewa Kendra      Warehouse Receipts CRISIL B+      100     Withdrawn
Migrated from CRISIL B+
North Cott Ginning And Trading Company  CC                 CRISIL BBB-    125     Assigned
Pvt Ltd
Omega Rolling Mills Pvt Ltd             CC                 CRISIL BBB-    60      Upgraded from
                                                                                  CRISIL BB+
Osia Jewels Pvt Ltd                     CC                 CRISIL BB-     75      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Osia Jewels Pvt Ltd                     Proposed LT Bk     CRISIL BB-     125     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
P. V. Bio-Chem India Pvt Ltd            CC                 CRISIL BB-     25      Assigned
P. V. Bio-Chem India Pvt Ltd            Proposed LT Bk     CRISIL BB-     75      Assigned
                                        Loan Fac
Palla Silks Pvt Ltd                     Open CC            CRISIL BB-     100     Reaffirmed
Paramount Enterprises                   Proposed LT Bk     CRISIL B+      13      Assigned
                                        Loan Fac
Paramount Enterprises                   CC                 CRISIL B+      2       Assigned
Parth Papers Llp                        TL                 CRISIL BB-     93.1    Assigned
Parth Papers Llp                        CC                 CRISIL BB-     60      Assigned
Parveen Industries Pvt Ltd              CC                 CRISIL BB+     150     Migrated from
                                                                                  CRISIL BB+
Issuer Not Cooperating
Parveen Industries Pvt Ltd              Foreign Bill       CRISIL BB+     100     Migrated from
                                        Purchase                                  CRISIL BB+
Issuer Not Cooperating
Payal Petrochem Pvt Ltd                 CC                 CRISIL BB-     120     Withdrawn
Payal Petrochem Pvt Ltd                 TL                 CRISIL BB-     345.8   Withdrawn
PBR Select Infra Projects               Secured Overdraft  CRISIL B+      40      Reaffirmed
                                        Fac
(Issuer Not Cooperating; Rating Migrated)
Pregna International Ltd                CC*                CRISIL BB      35      Reaffirmed
*Interchangeable with PCFC of Rs. 2.72 cr or EBD of Rs. 2.5 cr
Pregna International Ltd                Proposed LT Bk     CRISIL BB      69.5    Assigned
                                        Loan Fac
Prolific Systems and Technologies Pvt   CC                 CRISIL BBB-    230     Reaffirmed
Ltd
Prolific Systems and Technologies Pvt   Proposed LT Bk     CRISIL BBB-    5       Reaffirmed
Ltd                                     Loan Fac
Quad Lifesciences Pvt Ltd               CC                 CRISIL BB+     220     Assigned
R.K. Constructions - Chennai            Proposed CC Limit  CRISIL B+      50      Assigned
R.R.Thulasi Builders India Pvt Ltd      CC                 CRISIL BBB     20      Reaffirmed
R.R.Thulasi Builders India Pvt Ltd      Drop Line          CRISIL BBB     180     Reaffirmed
                                        Overdraft Fac
R.R.Thulasi Builders India Pvt Ltd      LT Loan            CRISIL BBB     13.3    Reaffirmed
Radium Creation Ltd                     Export Packing     CRISIL BBB     230     Reaffirmed
                                        Credit
Radium Creation Ltd                     LT Loan            CRISIL BBB     150     Reaffirmed
Raghunath Laxminarayan Spices Pvt Ltd   CC                 CRISIL D       100     Withdrawn
Migrated from CRISIL D
Rajkamal Builders Infrastructure Pvt LtdProposed LT Bk     CRISIL BBB+    1337    Assigned
                                        Loan Fac
Relcon Foundations Pvt Ltd              Proposed WC Fac    CRISIL B+      70      Assigned
Relcon Foundations Pvt Ltd              CC                 CRISIL B+      10      Assigned
Repute Foods Pvt Ltd                    TL                 CRISIL B+      15      Assigned
Repute Foods Pvt Ltd                    CC                 CRISIL B+      70      Assigned
Roar Ceramic LLP                        Proposed LT Bk     CRISIL B+      80      Assigned
                                        Loan Fac
Roar Ceramic LLP                        Proposed CC Limit  CRISIL B+      30      Assigned
Roquette Riddhi Siddhi Pvt Ltd          CC !               CRISIL AA-     750     Reaffirmed
! Interchangeable with working capital demand loan/pre- and post-shipment credit (export packing
credit)/foreign usance bills discounted - foreign bills purchased/purchase bills - invoice
discounting/sales bills - invoice discounting
Roquette Riddhi Siddhi Pvt Ltd          CC !!              CRISIL AA-     1000    Reaffirmed
!! Interchangeable with inland bills purchased - inland bills discounted/working capital demand
loan/foreign usance bills discounted - foreign bills purchased/export packing credit/packing
credit in foreign currency/post shipment credit in foreign currency
Roquette Riddhi Siddhi Pvt Ltd          CC                 CRISIL AA-     281.2   Reaffirmed
   Interchangeable With working capital demand loan/ pre-shipment export credit/post-shipment
export credit  
Roquette Riddhi Siddhi Pvt Ltd          Overdraft ^^       CRISIL AA-     531.3   Reaffirmed
loan/pre-shipment export credit/post-shipment export credit/bank guarantee  
Rose Metals - Mumbai                    CC                 CRISIL B-      60      Assigned
Roysons Ceramics Pvt Ltd                CC                 CRISIL B       33.5    Assigned
Roysons Ceramics Pvt Ltd                TL                 CRISIL B       125     Assigned
Saakaar M. B. Developers                TL                 CRISIL BB-     50      Assigned
Sancheti Ornaments Pvt Ltd              CC                 CRISIL BB-     180     Reaffirmed
Issuer Not Cooperating; Rating migrated'*
Sanvita Bio Technologies Pvt Ltd        LT Loan            CRISIL B       601.5   Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Sanvita Bio Technologies Pvt Ltd        Proposed CC Limit  CRISIL B       30      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Sanvita Bio Technologies Pvt Ltd        Proposed LT Bk     CRISIL B       388.5   Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
Saraswathi Engineering Construction Pvt CC/ Overdraft Fac  CRISIL B+      45      Upgraded from
Ltd                                                                               CRISIL B
Upgraded from CRISIL B
Saraswathi Engineering Construction Pvt Proposed Overdraft CRISIL B+      10      Upgraded from
Ltd                                     Fac                                       CRISIL B
Upgraded from CRISIL B
Sarla Medical Centre Pvt Ltd            LT Loan            CRISIL B       100     Assigned
Sarla Medical Centre Pvt Ltd            Overdraft          CRISIL B       20      Assigned
Sheela Foam Ltd                         Buyer`s Credit     CRISIL A+      520     Reaffirmed
Outlook revised from Stable
Sheela Foam Ltd                         CC                 CRISIL A+      480     Reaffirmed
Outlook revised from Stable
Sheela Foam Ltd                         Proposed LT Bk     CRISIL A+      382.7   Reaffirmed
                                        Loan Fac
Outlook revised from Stable
Shell Laminates Pvt Ltd                 Proposed LT Bk     CRISIL BB-     70      Assigned
                                        Loan Fac
Shell Laminates Pvt Ltd                 CC                 CRISIL BB-     20      Assigned
Shree Ameya Public Charitable Trust     CC                 CRISIL BB      8.5     Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Shree Ameya Public Charitable Trust     Proposed LT Bk     CRISIL BB      15      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
Shree Ameya Public Charitable Trust     TL                 CRISIL BB      134     Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Shree Sai RK Infra LLP                  Proposed TL        CRISIL B+      70      Assigned
Shri Hari Gems                          Packing Credit     CRISIL BB+     135     Migrated from
                                                                                  CRISIL BBB-
(Issuer Not Cooperating)
Shri Hari Gems                          Post Shipment      CRISIL BB+     375     Migrated from
                                        Credit                                    CRISIL BBB-
Issuer Not Cooperating
Shri Mahavir Bright Steel Udyog         CC                 CRISIL B+      95      Assigned
Shri Mahavir Bright Steel Udyog         Proposed LT Bk     CRISIL B+      25      Assigned
                                        Loan Fac
Shri S. M. Autade Pvt Ltd               CC                 CRISIL BBB     130     Upgraded from
                                                                                  CRISIL BBB-
Siddham Jewels Pvt Ltd                  CC                 CRISIL BB-     50      Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Siddham Jewels Pvt Ltd                  Proposed LT Bk     CRISIL BB-     50      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
Sidds Jewels India LLP                  CC                 CRISIL BBB-    712.5   Downgraded
                                                                                  from CRISIL
                                                                                  BBB
Sidds Jewels India LLP                  TL                 CRISIL BBB-    67.5    Downgraded
                                                                                  from CRISIL
                                                                                  BBB
Sidd's Jewels Pvt Ltd                   Post Shipment      CRISIL BBB-    2737.4  Downgraded
                                        Credit                                    from CRISIL
                                                                                  BBB
Sidd's Jewels Pvt Ltd                   Proposed FB Bk     CRISIL BBB-    250     Downgraded
                                        Limits                                    from CRISIL
                                                                                  BBB
Sidd's Jewels Pvt Ltd                   Standby FB Limits  CRISIL BBB-    382.6   Downgraded
                                                                                  from CRISIL
                                                                                  BBB
Snehanjali Electronics and Trading Pvt  CC                 CRISIL BB+     80      Migrated from
Ltd                                                                               CRISIL BBB-
Issuer Not Cooperating
Snehanjali Electronics and Trading Pvt  Proposed LT Bk     CRISIL BB+     70      Migrated from
Ltd                                     Loan Fac                                  CRISIL BBB-
Issuer Not Cooperating
Sprouts Energy Pvt Ltd                  LT Loan            CRISIL BB      87.5    Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Sprouts Energy Pvt Ltd                  Proposed FB Bk     CRISIL BB      7       Reaffirmed
                                        Limits
(Issuer Not Cooperating; Rating Migrated)
SRC Laboratories Pvt Ltd                CC                 CRISIL B-      34.4    Downgraded
                                                                                  from CRISIL B
SRC Laboratories Pvt Ltd                Proposed LT Bk     CRISIL B-      24      Downgraded
                                        Loan Fac                                  from CRISIL B
SRC Laboratories Pvt Ltd                TL                 CRISIL B-      63.1    Downgraded
                                                                                  from CRISIL B
Sri Ramakrishnaa Textiles               CC                 CRISIL BB-     45      Assigned
Sri Ramakrishnaa Textiles               TL                 CRISIL BB-     55      Assigned
Srijan Alloys And Steel Pvt Ltd         CC                 CRISIL B+      35      Assigned
Srijan Alloys And Steel Pvt Ltd         TL                 CRISIL B+      17      Assigned
St. John Sawmill and Timbers            CC                 CRISIL B       19      Assigned
Sun Art Exporters                       Export Packing     CRISIL BB+     100     Withdrawn
                                        Credit
Suraj Industries - Mantha               CC                 CRISIL B+      65      -
(Issuer Not Cooperating; Rating Migrated)
Suri Shoes Pvt Ltd                      Export Packing     CRISIL BB+     180     Migrated from
                                        Credit                                    CRISIL BB+
Issuer Not Cooperating
Suri Shoes Pvt Ltd                      Standby FB Limits  CRISIL BB+     35      Migrated from
                                                                                  CRISIL BB+
Issuer Not Cooperating
Swastid Engineering Pvt Ltd             Proposed LT Bk     CRISIL BBB     174     Reaffirmed
                                        Loan Fac
Swastid Engineering Pvt Ltd             TL                 CRISIL BBB     326     Reaffirmed
Syngene International Ltd               Buyer`s Credit     CRISIL AA      350     Reaffirmed
Outlook revised from Stable
Syngene International Ltd               Packing Credit in  CRISIL AA      600     Reaffirmed
                                        Foreign Currency*
Outlook revised from Stable,*Fully interchangeable with cash credit
Tara Automobiles                        CC                 CRISIL BB+     100     Assigned
Tara Automobiles                        Proposed CC Limit  CRISIL BB+     50      Assigned
Tata Motors Finance Ltd                 Perpetual Bonds    CRISIL A+      4150    Reaffirmed
Tata Motors Finance Ltd                 NCD                CRISIL AA      5605    Reaffirmed
Tata Motors Finance Ltd                 Subordinated Debt  CRISIL AA      14000   Reaffirmed
Teleindia Networks Pvt Ltd              TL                 CRISIL BB      35      Assigned
Teleindia Networks Pvt Ltd              CC                 CRISIL BB      40      Assigned
Teleindia Networks Pvt Ltd              Proposed LT Bk     CRISIL BB      10      Assigned
                                        Loan Fac
The Sandur Manganese And Iron Ores Ltd  TL                 CRISIL A-      4000    Assigned
The Sandur Manganese And Iron Ores Ltd  CC & WC demand loanCRISIL A-      100     Assigned
Thoppil Holdings and Constructions Ltd  Proposed LT Bk     CRISIL B       30      Assigned
                                        Loan Fac
Thoppil Holdings and Constructions Ltd  Proposed BG        CRISIL B       20      Assigned
Thoppil Holdings and Constructions Ltd  Proposed CC Limit  CRISIL B       50      Assigned
Unijules Life Sciences Ltd              BG                 CRISIL D       65      Reaffirmed
(Issuer Not Cooperating)
Unijules Life Sciences Ltd              CC                 CRISIL D       1245    Reaffirmed
(Issuer Not Cooperating)
Unijules Life Sciences Ltd              LOC                CRISIL D       57.5    Reaffirmed
(Issuer Not Cooperating)
Unijules Life Sciences Ltd              LOC & BG           CRISIL D       127.5   Reaffirmed
(Issuer Not Cooperating)
Unijules Life Sciences Ltd              TL                 CRISIL D       615     Reaffirmed
(Issuer Not Cooperating)
Vardhman Rice & General Mills           CC                 CRISIL BB-     70      Migrated from
                                                                                  CRISIL B+
Issuer Not Cooperating
Vardhman Rice & General Mills           Proposed LT Bk     CRISIL BB-     10      Migrated from
                                        Loan Fac                                  CRISIL B+
Issuer Not Cooperating
Vardhman Rice & General Mills           Warehouse Receipts CRISIL BB-     70      Migrated from
                                                                                  CRISIL B+
Issuer Not Cooperating
Vasanth and Co                          CC                 CRISIL A-      550     Reaffirmed
Vasanth and Co                          LT Loan            CRISIL A-      10      Reaffirmed
Venus Hotelware Pvt Ltd                 TL                 CRISIL B+      40      Assigned
Venus Hotelware Pvt Ltd                 Proposed LT Bk     CRISIL B+      3       Assigned
                                        Loan Fac
Vidya Wires Pvt Ltd                     CC                 CRISIL BBB     317.5   Reaffirmed
Outlook revised from Stable
Vidya Wires Pvt Ltd                     TL                 CRISIL BBB     60      Reaffirmed
Outlook revised from Stable
Vijayasree Foods                        CC                 CRISIL B+      100     Reaffirmed
Vinayak Construction Company            CC                 CRISIL B+      60      Assigned
Vinayak Construction Company            Proposed LT Bk     CRISIL B+      10      Assigned
                                        Loan Fac
Virginia Developers Pvt Ltd             Lease Rental       CRISIL BBB-    2200    Assigned
                                        Discounting Loan
Visa Engineering Products (India) Pvt   TL                 CRISIL BBB     144     Assigned
Ltd
Visa Engineering Products (India) Pvt   CC                 CRISIL BBB     50      Assigned
Ltd
Vishvakarma Electronics (Regd.)         CC                 CRISIL B       5.5     Assigned
Vnm Jewel Crafts Ltd                    Proposed WC Fac    CRISIL B       40      Assigned
Vnm Jewel Crafts Ltd                    CC                 CRISIL B       50      Assigned
Xoriant Solutions Pvt Ltd               Proposed LT Bk     CRISIL BBB+    50      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
Yashnand Engineer and Contractors       CC#                CRISIL BBB+    40      Assigned
# Fully interchangeable with Bank Guarantee facility    
Yashnand Engineer and Contractors       CC*                CRISIL BBB+    70      Assigned
 * Bank Guarantee of Rs.2 crore as a sub-limit of Cash Credit facility   
--------------------------------------------------------------------------------------------
$: 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