March 21, 2018 / 9:09 AM / 6 months ago

CRISIL ratings for Indian debt instruments-Mar 21

    Mar 21 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of March 20, 2018.


COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Amber Enterprises India Ltd             Bill Purchase-     CRISIL A1      80      Upgraded from
                                        Discounting Fac                           CRISIL A2+
Amber Enterprises India Ltd             LOC                CRISIL A1      1012.5  Upgraded from
                                                                                  CRISIL A2+
Amber Enterprises India Ltd             LOC & BG           CRISIL A1      1050    Upgraded from
                                                                                  CRISIL A2+
Amber Enterprises India Ltd             Sales Bill         CRISIL A1      100     Upgraded from
                                        Discounting                               CRISIL A2+
Armee Infotech                          BG                 CRISIL A4+     100     Reaffirmed
Bioxera Pharma Pvt Ltd                  BG                 CRISIL A4+     6       Reaffirmed
Bioxera Pharma Pvt Ltd                  LOC                CRISIL A4+     35      Reaffirmed
Birla TMT Holdings Pvt Ltd              CP                 CRISIL A1+     6000    Reaffirmed
Brothers Engineering and Erectors Ltd   BG                 CRISIL A4+     43.3    Reaffirmed
C. Eswara Reddy and Company             BG                 CRISIL A4      75      Reaffirmed
C. Eswara Reddy and Company             Overdraft          CRISIL A4      20      Reaffirmed
CIS Bureaus Facility Services Pvt Ltd   BG                 CRISIL A2      300     Reaffirmed
Crescent Petrochem Pvt Limite           BG                 CRISIL A3+     60      Reaffirmed
Dakshin Exports                         Packing Credit in  CRISIL A4      244     Reaffirmed
                                        Foreign Currency
ECL Finance Ltd                         CP Programme(IPO   CRISIL A1+     60000   Assigned
                                        Financing)
ECL Finance Ltd                         ST Debt Issue*     CRISIL A1+     60000   Withdrawal
*Assigned for initial/ follow-on public offer financing on episodic basis
ECL Finance Ltd                         ST Debt Issue*     CRISIL A1+     60000   Withdrawal
*Assigned for initial/ follow-on public offer financing on episodic basis
ECL Finance Ltd                         ST Debt Issue*     CRISIL A1+     5000    Withdrawal
*Assigned for initial/ follow-on public offer financing on episodic basis
ECL Finance Ltd                         CP Programme       CRISIL A1+     36000   Reaffirmed
ECL Finance Ltd                         ST Principal -     CRISIL PP-MLD  12000   Reaffirmed
                                        Protected Market - A1+r
                                        Linked Debentures 
Edelweiss Commodities Services Ltd      ST Bk Fac          CRISIL A1+     600     Reaffirmed
Edelweiss Commodities Services Ltd      Standby LOC        CRISIL A1+     1520    Reaffirmed
Edelweiss Commodities Services Ltd      CP Programme^      CRISIL A1+     70000   Reaffirmed
^Earlier STD (Including Short Term NCD)
Edelweiss Commodities Services Ltd      CP Programme(IPO   CRISIL A1+     60000   Assigned
                                        Financing)
Edelweiss Commodities Services Ltd      ST Debt Issue*     CRISIL A1+     60000   Withdrawal
*Assigned for initial/ follow-on public offer financing on episodic basis.
Edelweiss Commodities Services Ltd      ST Debt Issue*     CRISIL A1+     60000   Withdrawal
*Assigned for initial/ follow-on public offer financing on episodic basis.
Green Infra Wind Energy Ltd             ST Loan            CRISIL A1+     7000    Assigned
Hardware Trading Corporation            LOC                CRISIL A4      135     -
Issuer Not Cooperating
Himachal Aluminium and Conductors       BG                 CRISIL A4      20      Reaffirmed
Jagdish International Pvt Ltd           BG                 CRISIL A4+     50      Reaffirmed
Jatan Constructions Pvt Ltd             BG                 CRISIL A4+     200     Reaffirmed
JBM Auto System Pvt Ltd                 LOC                CRISIL A2+     303.9   Reaffirmed
Jumbo Bag Ltd                           BG                 CRISIL A4+     4       Upgraded from
                                                                                  CRISIL A4
Jumbo Bag Ltd                           LOC                CRISIL A4+     137     Upgraded from
                                                                                  CRISIL A4
Ketan Motors Pvt Ltd                    BG                 CRISIL A3      5       Reassigned
Kusalava Motors Pvt Ltd                 Cheque Discounting CRISIL A4+     4       Reaffirmed
Kwality Pharmaceuticals Ltd             LOC & BG           CRISIL A4+     30      Reaffirmed
Kwality Pharmaceuticals Ltd             Proposed Export    CRISIL A4+     80      Reaffirmed
                                        Packing Credit
Kwality Pharmaceuticals Ltd             Proposed LOC & BG  CRISIL A4+     50      Reaffirmed
L & W Construction Pvt Ltd              BG                 CRISIL A2+     12000   Reaffirmed
L & W Construction Pvt Ltd              Composite WC Limit CRISIL A2+     2000    Reaffirmed
L and D Foods                           BG                 CRISIL A4+     2.5     Reaffirmed
Lamina Suspension Products Ltd          BG                 CRISIL A4      28.5    Reaffirmed
Lamina Suspension Products Ltd          LOC                CRISIL A4      50      Reaffirmed
Mahavir Metal Corporation               LOC                CRISIL A4+     260     Reaffirmed
Manish Vinyls Pvt Ltd                   LOC                CRISIL A3      260     Assigned
Manish Vinyls Pvt Ltd                   Packing Credit in  CRISIL A3      140     Assigned
                                        Foreign Currency
Mega Automobiles Pvt Ltd                Overdraft          CRISIL A4      95      Reaffirmed
Munjal Showa Ltd                        BG                 CRISIL A1+     22.5    Reaffirmed
Munjal Showa Ltd                        LOC@               CRISIL A1+     435     Reaffirmed
@Rs 30 crore as ad hoc unsecured import LC limit
Neel Industries Pvt Ltd                 LOC*               CRISIL A2      25      Reaffirmed
*Interchangeable with BG up to Rs.1 crore
Neel Industries Pvt Ltd                 LOC**              CRISIL A2      60      Reaffirmed
**Interchangeable with BG up to Rs.1 crore
Nyka Steels Pvt Ltd                     LOC                CRISIL A4      200     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Paulose George Construction Company Pvt BG                 CRISIL A4+     280     Reaffirmed
Ltd
PICL (India) Pvt Ltd                    LOC                CRISIL A2+     70      Reaffirmed
PICL (India) Pvt Ltd                    Packing Credit in  CRISIL A2+     30      Reaffirmed
                                        Foreign Currency
Prakash Infraventure Pvt Ltd            BG                 CRISIL A4+     117     Assigned
Preca Solutions India Pvt Ltd           BG                 CRISIL A4+     20      Reaffirmed
Preca Solutions India Pvt Ltd           LOC                CRISIL A4+     10      Reaffirmed
Priyanka Processors Pvt Ltd             BG                 CRISIL A4+     3.4     Reaffirmed
R.S. Mills Pvt Ltd                      BG                 CRISIL A4+     9.5     Reaffirmed
Ruksh Exim Pvt Ltd                      LOC                CRISIL A4      20.5    Reaffirmed
Ruksh Exim Pvt Ltd                      Packing Credit     CRISIL A4      80      Reaffirmed
Sabitri Traders                         Bill Purch - Disc  CRISIL A4      20.3    Reaffirmed
                                        Fac
Sabitri Traders                         Packing Credit     CRISIL A4      20      Reaffirmed
Sabitri Traders                         Proposed ST Bk     CRISIL A4      109.7   Reaffirmed
                                        Loan Fac
Samrat Forgings Ltd                     BG                 CRISIL A4      15      Reaffirmed
Samrat Forgings Ltd                     LOC                CRISIL A4      35      Reaffirmed
Shree Shakti Enterprises Pvt Ltd        LOC                CRISIL A4      35      Reaffirmed
Siva Sai Exports                        Packing Credit     CRISIL A4+     200     Reaffirmed
Swastick Tubes Pvt Ltd                  BG                 CRISIL A4+     40      Reaffirmed
Techno Tarp and Polymers Pvt Li         Export Bill Purch  CRISIL A4+     40      Migrated from
                                        ase- Disc                                 CRISIL A4+
Issuer Not Cooperating
Techno Tarp and Polymers Pvt Li         Packing Credit in  CRISIL A4+     80      Migrated from
                                        Foreign Currency                          CRISIL A4+
Issuer Not Cooperating
Transrail Lighting Ltd                  Non-FBL            CRISIL A2      33999.5 Assigned
Turquoise Investments and Finance Pvt   CP                 CRISIL A1+     7250    Reaffirmed
Ltd
V. R. & Company                         BG                 CRISIL A4+     45      Reaffirmed
Yogeshwar Timber Mart                   LOC                CRISIL A4      60      Reaffirmed
Yogeshwar Timber Mart                   Overdraft          CRISIL A4      5.3     Reaffirmed




LONG TERM RATINGS:
-------------------
Advantage Organic Naturals Technologies CC                 CRISIL D       30      Reaffirmed
Pvt Ltd
Advantage Organic Naturals Technologies LT Loan            CRISIL D       100     Reaffirmed
Pvt Ltd
Advantage Organic Naturals Technologies Proposed LT Bk     CRISIL D       18      Reaffirmed
Pvt Ltd                                 Loan Fac
Amber Enterprises India Ltd             Buyer`s Credit     CRISIL A+      100     Upgraded from
                                                                                  CRISIL A-
Amber Enterprises India Ltd             CC                 CRISIL A+      637.5   Upgraded from
                                                                                  CRISIL A-
Amber Enterprises India Ltd             CC & WC demand loanCRISIL A+      1925    Upgraded from
                                                                                  CRISIL A-
Amber Enterprises India Ltd             Proposed FB Bk     CRISIL A+      452.6   Upgraded from
                                        Limits                                    CRISIL A-
Amber Enterprises India Ltd             WC Demand Loan     CRISIL A+      100     Upgraded from
                                                                                  CRISIL A-
Amisha Steels Pvt Ltd                   CC                 CRISIL B       55      Reaffirmed
Apex Builders                           CC                 -              80      Withdrawal
Issuer Not Cooperating
Apex Builders                           TL                 -              120     Withdrawal
Issuer Not Cooperating
Armee Infotech                          CC                 CRISIL BB      40      Reaffirmed
Armee Infotech                          Proposed LT Bk     CRISIL BB      60      Reaffirmed
                                        Loan Fac
Aruna International-Sankarankovil       Export Packing     -              20      Withdrawal
                                        Credit
Issuer Not Cooperating
Aruna International-Sankarankovil       Foreign Bill       -              50      Withdrawal
                                        Discounting
Issuer Not Cooperating
Aruna International-Sankarankovil       LOC                -              12      Withdrawal
Issuer Not Cooperating
Bell-O-Seal Valves Pvt Ltd              BG                 -              100     Withdrawal
Issuer Not Cooperating
Bell-O-Seal Valves Pvt Ltd              CC                 -              150     Withdrawal
Issuer Not Cooperating
Bell-O-Seal Valves Pvt Ltd              TL                 -              50      Withdrawal
Issuer Not Cooperating
Bhadanes Hi-Tech Technology Computers   CC                 CRISIL D       50      Reaffirmed
Pvt Ltd
Bhadanes Hi-Tech Technology Computers   Proposed LT Bk     CRISIL D       100     Reaffirmed
Pvt Ltd                                 Loan Fac
Bhawna Enterprises - Delhi              CC                 CRISIL BB-     75      Reaffirmed
Bhawna Enterprises - Delhi              Proposed CC Limit  CRISIL BB-     25      Reaffirmed
Bioxera Pharma Pvt Ltd                  CC                 CRISIL BB      40      Upgraded from
                                                                                  CRISIL BB-
Bioxera Pharma Pvt Ltd                  Corporate Loan     CRISIL BB      45.8    Upgraded from
                                                                                  CRISIL BB-
Bioxera Pharma Pvt Ltd                  Proposed CC Limit  CRISIL BB      8.5     Upgraded from
                                                                                  CRISIL BB-
Bioxera Pharma Pvt Ltd                  Proposed LT Bk     CRISIL BB      20      Upgraded from
                                        Loan Fac                                  CRISIL BB-
Bioxera Pharma Pvt Ltd                  TL                 CRISIL BB      4.7     Upgraded from
                                                                                  CRISIL BB-
Bliss Impex                             CC                 CRISIL BB      100     Reaffirmed
Bliss Impex                             Proposed LT Bk     CRISIL BB      15      Reaffirmed
                                        Loan Fac
Bliss Impex                             TL                 CRISIL BB      50      Reaffirmed
Brothers Engineering and Erectors Ltd   Overdraft          CRISIL BB      15      Reaffirmed
Brothers Engineering and Erectors Ltd   Proposed LT Bk     CRISIL BB      34.2    Reaffirmed
                                        Loan Fac
Brothers Engineering and Erectors Ltd   SME Credit         CRISIL BB      2.5     Reaffirmed
Burnpur Cement Ltd                      BG                 CRISIL D       15      Reaffirmed
Burnpur Cement Ltd                      CC                 CRISIL D       137     Reaffirmed
Burnpur Cement Ltd                      LOC                CRISIL D       10      Reaffirmed
Burnpur Cement Ltd                      Proposed BG        CRISIL D       15      Reaffirmed
Burnpur Cement Ltd                      Proposed CC Limit  CRISIL D       113     Reaffirmed
Burnpur Cement Ltd                      Proposed LOC       CRISIL D       50      Reaffirmed
Burnpur Cement Ltd                      TL                 CRISIL D       1250    Reaffirmed
C. Eswara Reddy and Company             TL                 CRISIL B-      8.5     Reaffirmed
Caliber Mercantile Pvt Ltd              CC                 CRISIL BB-     100     Reaffirmed
Chauhan Poultry Farm                    CC                 CRISIL B       32.5    Reaffirmed
Chauhan Poultry Farm                    Proposed LT Bk     CRISIL B       10      Reaffirmed
                                        Loan Fac
Chauhan Poultry Farm                    TL                 CRISIL B       57.5    Reaffirmed
CIS Bureaus Facility Services Pvt Ltd   CC                 CRISIL BBB+    400     Reaffirmed
Crescent Petrochem Pvt Limite           CC                 CRISIL BBB     55      Reaffirmed
D. M. Jeweller                          CC                 CRISIL BB      150     Reaffirmed
D. M. Jeweller                          Proposed LT Bk     CRISIL BB      50      Reaffirmed
                                        Loan Fac
Dakshin Exports                         Cash TL            CRISIL B+      2       Reaffirmed
Deccan Metal Profilers Pvt Ltd          CC                 CRISIL B       150     Assigned
Deswal Hatcheries Pvt Ltd               CC                 CRISIL BB-     75      Reaffirmed
Deswal Hatcheries Pvt Ltd               LT Loan            CRISIL BB-     66.5    Reaffirmed
Devi Aquatech Pvt Ltd                   LT Loan            CRISIL BBB     200     Reaffirmed
Devices Distributors                    CC/ Overdraft Fac  -              140     Withdrawal
Issuer Not Cooperating
Devices Distributors                    Proposed LT Bk     -              60      Withdrawal
                                        Loan Fac
Issuer Not Cooperating
ECL Finance Ltd                         CC                 CRISIL AA      20800   Reaffirmed
ECL Finance Ltd                         LT Bk Fac          CRISIL AA      46477.8 Reaffirmed
ECL Finance Ltd                         Proposed LT Bk     CRISIL AA      25022.2 Reaffirmed
                                        Loan Fac**
**interchangeable with short term bank facilities
ECL Finance Ltd                         NCD @              CRISIL AA      20000   Reaffirmed
@Public issue of retail NCDs
ECL Finance Ltd                         NCD                CRISIL AA      41300   Reaffirmed
ECL Finance Ltd                         Subordinated Debt  CRISIL AA      4000    Reaffirmed
ECL Finance Ltd                         LT Principal       CRISIL PP-MLD  10000   Reaffirmed
                                        Protected Market   AAr
                                        Linked Debentures 
ECL Finance Ltd                         Principal -        CRISIL PP-MLD  11900   Reaffirmed
                                        Protected Equity - AAr
                                        Linked Debentures 
ECL Finance Ltd                         Principal -        CRISIL PP-MLD  350     Reaffirmed
                                        Protected          AAr
                                        Commoptionally convertible debentureity - Linked
Debentures 
Edelweiss Commodities Services Ltd      LT Bk Fac          CRISIL AA      3250    Reaffirmed
Edelweiss Commodities Services Ltd      Overdraft          CRISIL AA      7000    Reaffirmed
Edelweiss Commodities Services Ltd      Proposed LT Bk     CRISIL AA      5000    Reaffirmed
                                        Loan Fac **
**Interchangeable with short term bank facilities
Edelweiss Commodities Services Ltd      NCD                CRISIL AA      10000   Reaffirmed
Edelweiss Commodities Services Ltd      NCD                CRISIL AA      30000   Reaffirmed
Edelweiss Commodities Services Ltd      PS                 CRISIL AA      1050    Reaffirmed
Eros Motors Pvt Ltd                     BG                 -              20      Withdrawal
Issuer Not Cooperating
Eros Motors Pvt Ltd                     CC                 -              40      Withdrawal
Issuer Not Cooperating
Eros Motors Pvt Ltd                     Inventory Funding  -              140     Withdrawal
                                        Fac
Issuer Not Cooperating
Eros Motors Pvt Ltd                     LT Loan            -              17.1    Withdrawal
Issuer Not Cooperating
Essen Trading Company                   CC                 -              100     Withdrawal
Issuer Not Cooperating
Favourite Constructions Pvt Ltd         LT Loan            -              100     Withdrawal
Issuer Not Cooperating
Gorantla Multiplex                      LT Loan            CRISIL B       97.5    Reaffirmed
Hardware Trading Corporation            CC                 CRISIL B-      25      -
Issuer Not Cooperating
Hare Krishna Industries                 CC                 CRISIL B+      40      Reaffirmed
Hare Krishna Industries                 TL                 CRISIL B+      32.5    Reaffirmed
Himachal Aluminium and Conductors       CC                 CRISIL B+      50      Reaffirmed
International Mega Food Park Ltd        Rupee TL           CRISIL D       749     Reaffirmed
International Mega Food Park Ltd        TL                 CRISIL D       140.3   Reaffirmed
Jagdish International Pvt Ltd           CC                 CRISIL BB      87.5    Upgraded from
                                                                                  CRISIL BB-
Jagdish International Pvt Ltd           Proposed WC Fac    CRISIL BB      42.5    Upgraded from
                                                                                  CRISIL BB-
Jain Electroplast Pvt Ltd               CC                 CRISIL BB      40      Upgraded from
                                                                                  CRISIL BB-
Jain Electroplast Pvt Ltd               TL                 CRISIL BB      85      Upgraded from
                                                                                  CRISIL BB-
Jatan Constructions Pvt Ltd             CC                 CRISIL BB      50      Reaffirmed
JBM Auto System Pvt Ltd                 CC *               CRISIL A-      1875    Reaffirmed
*Interchangeable with non-fund based limit
JBM Auto System Pvt Ltd                 LT Loan            CRISIL A-      715     Reaffirmed
JBM Auto System Pvt Ltd                 Proposed LT Bk     CRISIL A-      61.3    Reaffirmed
                                        Loan Fac
JBM Auto System Pvt Ltd                 CC                 CRISIL A-      670     Reaffirmed
Jumbo Bag Ltd                           CC                 CRISIL BB-     388     Upgraded from
                                                                                  CRISIL B+
Jumbo Bag Ltd                           Foreign Bill       CRISIL BB-     92.5    Upgraded from
                                        Discounting                               CRISIL B+
Jumbo Bag Ltd                           LT Loan            CRISIL BB-     17      Upgraded from
                                                                                  CRISIL B+
Jumbo Bag Ltd                           Proposed LT Bk     CRISIL BB-     26.5    Upgraded from
                                        Loan Fac                                  CRISIL B+
K.R.R. Poultry Farms                    Proposed WC Fac    CRISIL B+      6       Assigned
K.R.R. Poultry Farms                    CC                 CRISIL B+      60      Assigned
K.R.R. Poultry Farms                    Inventory Funding  CRISIL B+      14      Assigned
                                        Fac
Kama Metal and Alloys Pvt Ltd           CC                 CRISIL BB-     77.5    Reaffirmed
Kama Metal and Alloys Pvt Ltd           Proposed LT Bk     CRISIL BB-     9.2     Reaffirmed
                                        Loan Fac
Kama Metal and Alloys Pvt Ltd           Rupee TL           CRISIL BB-     23.3    Reaffirmed
KB Lubes Pvt Ltd                        CC                 CRISIL D       49      Reaffirmed
KB Lubes Pvt Ltd                        TL                 CRISIL D       13.9    Reaffirmed
Keerthi Rice Industries                 CC                 CRISIL BB-     67.5    Reaffirmed
Keerthi Rice Industries                 LT Loan            CRISIL BB-     15      Reaffirmed
Keerthi Rice Industries                 Proposed LT Bk     CRISIL BB-     55      Reaffirmed
                                        Loan Fac
Keerthi Rice Industries                 SME Credit         CRISIL BB-     2.5     Reaffirmed
Ketan Motors Pvt Ltd                    CC                 CRISIL BBB-    150     Reaffirmed
Ketan Motors Pvt Ltd                    Corporate Loan     CRISIL BBB-    5       Reaffirmed
Ketan Motors Pvt Ltd                    Inventory Funding  CRISIL BBB-    90      Reaffirmed
                                        Fac
Kissan Hatcheries                       CC                 CRISIL BB-     120     Reaffirmed
Kissan Hatcheries                       LT Loan            CRISIL BB-     17.7    Reaffirmed
Kusalava Motors Pvt Ltd                 CC                 CRISIL BB+     90      Reaffirmed
Kusalava Motors Pvt Ltd                 Channel Financing  CRISIL BB+     250     Reaffirmed
Kusalava Motors Pvt Ltd                 Proposed LT Bk     CRISIL BB+     26      Reaffirmed
                                        Loan Fac
Kwality Pharmaceuticals Ltd             CC                 CRISIL BB+     100     Reaffirmed
Kwality Pharmaceuticals Ltd             LT Loan            CRISIL BB+     20      Reaffirmed
Kwality Pharmaceuticals Ltd             Proposed CC Limit  CRISIL BB+     50      Reaffirmed
Kwality Pharmaceuticals Ltd             Proposed LT Bk     CRISIL BB+     20      Reaffirmed
                                        Loan Fac
L & W Construction Pvt Ltd              Proposed FB Bk     CRISIL BBB+    1990    Assigned
                                        Limits
L & W Construction Pvt Ltd              Overdraft          CRISIL BBB+    10      Assigned
L and D Foods                           CC                 CRISIL BB-     70      Reaffirmed
L and D Foods                           TL                 CRISIL BB-     17.5    Reaffirmed
L and D Foods                           Warehouse Receipts CRISIL BB-     40      Reaffirmed
Lala Madhoram Bhagwan Dass Charitable   Overdraft          CRISIL B+      20      Reaffirmed
Society
Lala Madhoram Bhagwan Dass Charitable   Proposed LT Bk     CRISIL B+      190     Reaffirmed
Society                                 Loan Fac
Lala Madhoram Bhagwan Dass Charitable   Rupee TL           CRISIL B+      130     Reaffirmed
Society
Lamina Suspension Products Ltd          Overdraft          CRISIL B+      108.3   Reaffirmed
Lamina Suspension Products Ltd          Proposed LT Bk     CRISIL B+      117.7   Reaffirmed
                                        Loan Fac
Laxmi Polytex Pvt Ltd                   CC                 CRISIL B       70      Downgraded
                                                                                  from CRISIL B+
Magnamind Ventures Pvt Ltd              CC                 -              5       Withdrawal
Issuer Not Cooperating
Magnamind Ventures Pvt Ltd              Proposed LT Bk     -              8       Withdrawal
                                        Loan Fac
Issuer Not Cooperating
Magnamind Ventures Pvt Ltd              TL                 -              67      Withdrawal
Issuer Not Cooperating
Mahavir Metal Corporation               CC                 CRISIL BB-     10      Reaffirmed
Mahavir Metal Corporation               Proposed LT Bk     CRISIL BB-     130     Reaffirmed
                                        Loan Fac
Manish Vinyls Pvt Ltd                   CC*                CRISIL BBB-    40      Assigned
*Fully interchangeable with packing credit in foreign currency (PCFC)
Manish Vinyls Pvt Ltd                   Proposed LT Bk     CRISIL BBB-    185     Assigned
                                        Loan Fac
Mega Automobiles Pvt Ltd                Proposed LT Bk     CRISIL B+      5       Reaffirmed
                                        Loan Fac
Mega Automobiles Pvt Ltd                TL                 CRISIL B+      10.7    Reaffirmed
Micro Supreme Auto Industries India Pvt Drop Line          CRISIL B+      90      Reaffirmed
Ltd                                     Overdraft Fac
Munjal Showa Ltd                        CC *               CRISIL AA      300     Reaffirmed
*Interchangeable with bank overdraft
Munjal Showa Ltd                        Proposed LT Bk     CRISIL AA      685     Reaffirmed
                                        Loan Fac
Nandnandan Silk Mills Pvt Ltd           CC                 CRISIL B       67.5    Downgraded
                                                                                  from CRISIL B+
Navya Foods Pvt Ltd                     CC                 CRISIL BB-     30      Reaffirmed
Navya Foods Pvt Ltd                     Proposed LT Bk     CRISIL BB-     8       Reaffirmed
                                        Loan Fac
Navya Foods Pvt Ltd                     TL                 CRISIL BB-     92      Reaffirmed
Neel Industries Pvt Ltd                 CC ^               CRISIL BBB+    20      Reaffirmed
^ Interchangeable with working capital demand loan
Neel Industries Pvt Ltd                 CC ^^              CRISIL BBB+    40      Reaffirmed
^^Interchangeable with working capital demand loan; changeable one-way with letter of credit and
bank guarantee (BG)
Neel Industries Pvt Ltd                 CC                 CRISIL BBB+    10      Reaffirmed
Neel Industries Pvt Ltd                 Proposed LT Bk     CRISIL BBB+    45      Reaffirmed
                                        Loan Fac
Ninaniya Estates Ltd                    TL                 CRISIL B       325     Reaffirmed
Nyka Steels Pvt Ltd                     CC                 CRISIL B       200     Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Paramount Seafoods                      Foreign Bill       -              70      Withdrawal
                                        Discounting
Issuer Not Cooperating
Paramount Seafoods                      Packing Credit     -              50      Withdrawal
Issuer Not Cooperating
Paramount Seafoods                      Proposed TL        -              20      Withdrawal
Issuer Not Cooperating
Paulose George Construction Company Pvt CC                 CRISIL BB+     80      Upgraded from
Ltd                                                                               CRISIL BB
PICL (India) Pvt Ltd                    Bill Discounting   CRISIL A-      205     Reaffirmed
PICL (India) Pvt Ltd                    CC                 CRISIL A-      180     Reaffirmed
PICL (India) Pvt Ltd                    TL                 CRISIL A-      120     Reaffirmed
Prakash Infraventure Pvt Ltd            CC                 CRISIL BB-     12.5    Assigned
Preca Solutions India Pvt Ltd           CC                 CRISIL BB      110     Reaffirmed
Preca Solutions India Pvt Ltd           TL                 CRISIL BB      210     Reaffirmed
Priyanka Processors Pvt Ltd             CC                 CRISIL BB-     40      Reaffirmed
Priyanka Processors Pvt Ltd             Proposed TL        CRISIL BB-     4       Reaffirmed
Priyanka Processors Pvt Ltd             TL                 CRISIL BB-     18      Reaffirmed
Quadsel Systems Pvt Ltd                 CC                 CRISIL B       60      Reaffirmed
Quadsel Systems Pvt Ltd                 LT Loan            CRISIL B       20      Reaffirmed
R. C. Khinvasara                        TL                 CRISIL B+      120     Migrated from
                                                                                  CRISIL BB
Issuer Not Cooperating
R.S. Mills Pvt Ltd                      CC                 CRISIL BB-     150     Reaffirmed
R.S. Mills Pvt Ltd                      LT Loan            CRISIL BB-     65      Reaffirmed
R.S. Mills Pvt Ltd                      Proposed LT Bk     CRISIL BB-     27.9    Assigned
                                        Loan Fac
Radha Madhav Developers                 TL                 -              500     Withdrawal
Issuer Not Cooperating
Real Dairy Industries Pvt Ltd           CC                 -              60      Withdrawal
Issuer Not Cooperating
Real Dairy Industries Pvt Ltd           TL                 -              185     Withdrawal
Issuer Not Cooperating
Regalia Jewels Pvt Ltd                  CC                 CRISIL B       65      Reaffirmed
Ruksh Exim Pvt Ltd                      Foreign Bill       CRISIL B+      150     Reaffirmed
                                        Discounting
Ruksh Exim Pvt Ltd                      Proposed LT Bk     CRISIL B+      7.8     Reaffirmed
                                        Loan Fac
Ruksh Exim Pvt Ltd                      TL                 CRISIL B+      11.7    Reaffirmed
Samrat Forgings Ltd                     Bill Discounting   CRISIL B+      10      Reaffirmed
Samrat Forgings Ltd                     CC                 CRISIL B+      175     Reaffirmed
Samrat Forgings Ltd                     TL                 CRISIL B+      18.6    Reaffirmed
Saraswati Rice and General Mills -      CC                 CRISIL BB-     110     Reaffirmed
Taraori
Saraswati Rice and General Mills -      Proposed LT Bk     CRISIL BB-     25      Reaffirmed
Taraori                                 Loan Fac
Saraswati Rice and General Mills -      TL                 CRISIL BB-     15      Reaffirmed
Taraori
Shree Shakti Enterprises Pvt Ltd        CC                 CRISIL B       65      Reaffirmed
Shree Sidhbali Paper Mills Ltd          BG                 -              5.1     Withdrawal
Issuer Not Cooperating
Shree Sidhbali Paper Mills Ltd          Buyer`s Credit     -              5       Withdrawal
Issuer Not Cooperating
Shree Sidhbali Paper Mills Ltd          CC                 -              100     Withdrawal
Issuer Not Cooperating
Shree Sidhbali Paper Mills Ltd          LOC                -              5       Withdrawal
Issuer Not Cooperating
Shree Sidhbali Paper Mills Ltd          Proposed LT Bk     -              41.4    Withdrawal
                                        Loan Fac
Issuer Not Cooperating
Shree Vishwakarma Cold Storage          Overdraft          CRISIL D       60      Downgraded
                                                                                  from CRISIL B
Issuer Not Cooperating
Shri Balaji Rollings Pvt Ltd            BG                 -              5       Withdrawal
Issuer Not Cooperating
Shri Balaji Rollings Pvt Ltd            CC                 -              40      Withdrawal
Issuer Not Cooperating
Shri Balaji Rollings Pvt Ltd            LOC                -              250     Withdrawal
Issuer Not Cooperating
Shri Balaji Rollings Pvt Ltd            Proposed LT Bk     -              47.5    Withdrawal
                                        Loan Fac
Issuer Not Cooperating
Silicon Institute of Technology         CC                 CRISIL BB+     25      Reaffirmed
Silicon Institute of Technology         LT Loan            CRISIL BB+     132     Reaffirmed
Siva Sai Exports                        Bill Discounting   CRISIL BB      110     Upgraded from
                                                                                  CRISIL BB-
Siva Sai Exports                        TL                 CRISIL BB      200     Upgraded from
                                                                                  CRISIL BB-
Sohrab Spinning Mills Ltd               CC                 CRISIL D       160     Reaffirmed
Sohrab Spinning Mills Ltd               LOC                CRISIL D       20      Reaffirmed
Sohrab Spinning Mills Ltd               Proposed LT Bk     CRISIL D       20      Reaffirmed
                                        Loan Fac
Sohrab Spinning Mills Ltd               TL                 CRISIL D       120     Reaffirmed
Sree Durga Cashew Factory               CC                 -              20      Withdrawal
Issuer Not Cooperating
Sree Durga Cashew Factory               Packing Credit     -              140     Withdrawal
Issuer Not Cooperating
Sushila International                   Bill Discounting   CRISIL D       35      Reaffirmed
Sushila International                   CC                 CRISIL D       20      Reaffirmed
Sushila International                   Packing Credit     CRISIL D       130     Reaffirmed
Sushila International                   Proposed LT Bk     CRISIL D       101.3   Reaffirmed
                                        Loan Fac
Sushila International                   TL                 CRISIL D       13.7    Reaffirmed
Swastick Tubes Pvt Ltd                  CC                 CRISIL BB-     85      Reaffirmed
Tarini Infrastructure Ltd               Proposed LT Bk     CRISIL D       110     Reaffirmed
                                        Loan Fac
Tarini Infrastructure Ltd               TL                 CRISIL D       190     Reaffirmed
Techno Tarp and Polymers Pvt Li         CC                 CRISIL BB-     7.5     Migrated from
                                                                                  CRISIL BB
Issuer Not Cooperating
The Green Environment Services          TL                 -              181.5   Withdrawal
Co-Operative Society Ltd
Issuer Not Cooperating
The Thiruvambady Devaswom               LT Loan            CRISIL B       197.6   Reaffirmed
The Thiruvambady Devaswom               Proposed LT Bk     CRISIL B       2.4     Reaffirmed
                                        Loan Fac
Transrail Lighting Ltd                  TL                 CRISIL BBB+    2547.4  Assigned
Transrail Lighting Ltd                  Proposed LT Bk     CRISIL BBB+    385.7   Assigned
                                        Loan Fac
Transrail Lighting Ltd                  CC                 CRISIL BBB+    2267.4  Assigned
Urs Kar Service Centre Pvt Ltd          Inventory Funding  CRISIL BB-     152.5   Reaffirmed
                                        Fac
Urs Kar Service Centre Pvt Ltd          Proposed LT Bk     CRISIL BB-     7.5     Reaffirmed
                                        Loan Fac
V. R. & Company                         Overdraft          CRISIL BB-     15      Reaffirmed
V. T. Adaskar and Company               CC                 CRISIL D       10      Reaffirmed
V. T. Adaskar and Company               TL                 CRISIL D       80      Reaffirmed
V3 Knitting Co.                         CC                 CRISIL B       12.5    Reaffirmed
V3 Knitting Co.                         Rupee TL           CRISIL B       57.5    Reaffirmed
Velox Automation Pvt Ltd                BG                 -              40      Withdrawal
Issuer Not Cooperating
Velox Automation Pvt Ltd                CC                 -              15      Withdrawal
Issuer Not Cooperating
VHS Mechatronics Services ( P ) Ltd     BG                 CRISIL D       10      Reaffirmed
VHS Mechatronics Services ( P ) Ltd     CC                 CRISIL D       20      Reaffirmed
VHS Mechatronics Services ( P ) Ltd     LOC                CRISIL D       4       Reaffirmed
VHS Mechatronics Services ( P ) Ltd     TL                 CRISIL D       28.2    Reaffirmed
Vidhatri Exports Pvt Ltd                Export Packing     CRISIL B       60      Reaffirmed
                                        Credit
Yogeshwar Timber Mart                   CC                 CRISIL B       10      Reaffirmed
Yogeshwar Timber Mart                   Proposed LT Bk     CRISIL B       4.7     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)
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