June 8, 2018 / 5:24 AM / 2 months ago

CRISIL ratings for Indian debt instruments-Jun 8

    Jun 8 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of June 7, 2018.


COMPANY                                 INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                         (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Adani Capital Pvt Ltd                   CP                 CRISIL A1+     1500    Assigned
Alkyl Amines Chemicals Ltd              BG                 CRISIL A1      68      Reaffirmed
Alkyl Amines Chemicals Ltd              LOC                CRISIL A1      306     Reaffirmed
Britannia Industries Ltd                BG                 CRISIL A1+     320     Reaffirmed
Britannia Industries Ltd                Buyers Finance     CRISIL A1+     21      Reaffirmed
Britannia Industries Ltd                LOC@               CRISIL A1+     990     Reaffirmed
@Interchangeable with bank guarantees
Britannia Industries Ltd                Overdraft          CRISIL A1+     550     Reaffirmed
Britannia Industries Ltd                Proposed ST Bk     CRISIL A1+     1619    Reaffirmed
                                        Loan Fac
Britannia Industries Ltd                CP                 CRISIL A1+     5000    Reaffirmed
Coster India Packaging Pvt Ltd          Packing Credit     CRISIL A3      10      Assigned
Girdhar Gopal Rice Product              Letter Of GuaranteeCRISIL A4+     20      Reaffirmed
Mandhana Plastics Pvt Ltd               LOC                CRISIL A4+     25      Reaffirmed
Miracle Cables India Pvt Ltd            BG                 CRISIL A4+     5       Reaffirmed
Miracle Cables India Pvt Ltd            LOC                CRISIL A4+     5       Reaffirmed
Nandilath G-Mart                        Overdraft          CRISIL A4+     350     Reaffirmed
Peregrine Guarding Pvt Ltd              BG                 CRISIL A2      250     Reaffirmed
Shri Ganesha Global Gulal Pvt Ltd       BG                 CRISIL A4+     12.5    Upgraded from
                                                                                  CRISIL A4
Shri Ganesha Global Gulal Pvt Ltd       ST Loan            CRISIL A4+     0.6     Upgraded from
                                                                                  CRISIL A4
Tritorc Equipments Pvt Ltd              BG                 CRISIL A4+     5       Migrated from
                                                                                  CRISIL A4+
(ISSUER NOT COOPERATING)
Tritorc Equipments Pvt Ltd              LOC                CRISIL A4+     5       Migrated from
                                                                                  CRISIL A4+
(ISSUER NOT COOPERATING)
Verga Attachments Pvt Ltd               LOC                CRISIL A4+     90      Assigned
 
LONG TERM RATINGS:
-------------------
Alkyl Amines Chemicals Ltd              CC                 CRISIL A+      350     Upgraded from
                                                                                  CRISIL A
Alkyl Amines Chemicals Ltd              Export Packing     CRISIL A+      150     Upgraded from
                                        Credit                                    CRISIL A
Alkyl Amines Chemicals Ltd              External           CRISIL A+      1539    Upgraded from
                                        Commercial                                CRISIL A
                                        Borrowings
Alkyl Amines Chemicals Ltd              Line of Credit     CRISIL A+      50      Upgraded from
                                                                                  CRISIL A
Alkyl Amines Chemicals Ltd              Non-FBL            CRISIL A+      215.5   Upgraded from
                                                                                  CRISIL A
Bloom Seal Containers Pvt Ltd           CC                 CRISIL BBB-    80      Reaffirmed
Bloom Seal Containers Pvt Ltd           Proposed LT Bk     CRISIL BBB-    144.7   Reaffirmed
                                        Loan Fac
Bloom Seal Containers Pvt Ltd           TL                 CRISIL BBB-    25.3    Reaffirmed
Britannia Industries Ltd                CC**               CRISIL AAA     500     Reaffirmed
**Interchangeable with working capital demand loan and overdraft
Britannia Industries Ltd                Proposed LT Bk     CRISIL AAA     5000    Reaffirmed
                                        Loan Fac
Britannia Industries Ltd                WC Demand Loan^    CRISIL AAA     1000    Reaffirmed
^Interchangeable with overdraft or cash credit
Coster India Packaging Pvt Ltd          Proposed WC Fac    CRISIL BBB-    40      Assigned
Coster India Packaging Pvt Ltd          CC                 CRISIL BBB-    30      Assigned
Creatiive Infra And Construction Pvt LtdTL                 CRISIL BB-     77.5    Assigned
Creatiive Infra And Construction Pvt LtdCC                 CRISIL BB-     20      Assigned
Creatiive Infra And Construction Pvt LtdProposed LT Bk     CRISIL BB-     2.5     Assigned
                                        Loan Fac
Girdhar Gopal Rice Product              CC                 CRISIL BB-     30      Reaffirmed
Girdhar Gopal Rice Product              Proposed LT Bk     CRISIL BB-     4.6     Reaffirmed
                                        Loan Fac
Girdhar Gopal Rice Product              TL                 CRISIL BB-     5.4     Reaffirmed
Girdhar Gopal Rice Product              Warehouse FinancingCRISIL BB-     35      Reaffirmed
Golden Vats Pvt Ltd                     CC                 CRISIL BBB-    150     Reaffirmed
Golden Vats Pvt Ltd                     Proposed LT Bk     CRISIL BBB-    100     Reaffirmed
                                        Loan Fac
Golden Vats Pvt Ltd                     Proposed CC Limit  CRISIL BBB-    150     Reaffirmed
JDC Traders Ltd                         CC                 CRISIL BB      150     Withdrawn
JDC Traders Ltd                         Proposed CC Limit  CRISIL BB      100     Withdrawn
JDC Traders Ltd                         Proposed Rupee TL  CRISIL BB      34.4    Withdrawn
JDC Traders Ltd                         Rupee TL           CRISIL BB      15.6    Withdrawn
Mandhana Plastics Pvt Ltd               CC                 CRISIL BB      40      Reaffirmed
Mandhana Plastics Pvt Ltd               Proposed LT Bk     CRISIL BB      32.2    Reaffirmed
                                        Loan Fac
Mandhana Plastics Pvt Ltd               TL                 CRISIL BB      2.8     Reaffirmed
Miracle Cables India Pvt Ltd            Bill Discounting   CRISIL BB      2.5     Reaffirmed
Miracle Cables India Pvt Ltd            CC                 CRISIL BB      200     Reaffirmed
Miracle Cables India Pvt Ltd            LT Loan            CRISIL BB      53.3    Reaffirmed
Miracle Cables India Pvt Ltd            Proposed LT Bk     CRISIL BB      4.2     Reaffirmed
                                        Loan Fac
Nandilath G-Mart                        CC                 CRISIL BB-     250     Reaffirmed
Nandilath G-Mart                        LT Loan            CRISIL BB-     50      Reaffirmed
P. R. Fasteners Pvt Ltd                 CC                 CRISIL BB      100     Reaffirmed
P. R. Fasteners Pvt Ltd                 LT Loan            CRISIL BB      25      Reaffirmed

Peregrine Guarding Pvt Ltd              CC                 CRISIL BBB+    900     Reaffirmed
Peregrine Guarding Pvt Ltd              Proposed FB Bk     CRISIL BBB+    50      Reaffirmed
                                        Limits
Rose Metals                             CC                 CRISIL BB-     140     Reaffirmed
Shri Ganesha Global Gulal Pvt Ltd       CC                 CRISIL BB      37.5    Upgraded from
                                                                                  CRISIL B+
Shri Ganesha Global Gulal Pvt Ltd       LT Loan            CRISIL BB      92.1    Upgraded from
                                                                                  CRISIL B+
Sonhira Sahakari Sakhar Karkhana Ltd    CC                 CRISIL BB-     1500    Reaffirmed
Sonhira Sahakari Sakhar Karkhana Ltd    TL                 CRISIL BB-     250     Reaffirmed
Tritorc Equipments Pvt Ltd              CC                 CRISIL BB      30      Migrated from
                                                                                  CRISIL
                                                                                  BB
(ISSUER NOT COOPERATING)
Tritorc Equipments Pvt Ltd              Proposed LT Bk     CRISIL BB      30      Migrated from
                                        Loan Fac                                  CRISIL
                                                                                  BB
(ISSUER NOT COOPERATING)
Tritorc Equipments Pvt Ltd              TL                 CRISIL BB      50      Migrated from
                                                                                  CRISIL
                                                                                  BB
(ISSUER NOT COOPERATING)
Verga Attachments Pvt Ltd               TL                 CRISIL BB+     26.6    Assigned
Verga Attachments Pvt Ltd               Proposed TL        CRISIL BB+     20      Assigned
Verga Attachments Pvt Ltd               Proposed LT Bk     CRISIL BB+     0.9     Assigned
                                        Loan Fac
Verga Attachments Pvt Ltd               Packing Credit     CRISIL BB+     180     Assigned
Verga Attachments Pvt Ltd               LT Loan            CRISIL BB+     2.5     Assigned
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.

BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.

(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at
rru.data@thomsonreuters.com)
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below