Mar 29 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of March 28, 2018.
COMPANY INSTRUMENT RATING AMOUNT MOVEMENT
(RS.MLN)
------ ---------- ------ ----- ---------
SHORT TERM RATINGS:
-------------------
Alps Chemicals Pvt Ltd LOC & BG CRISIL A3+ 20 Reaffirmed
Alps Chemicals Pvt Ltd Packing Credit CRISIL A3+ 180
Reaffirmed
Anandji Haridas and Co. Pvt Ltd BG CRISIL A4+ 3 Reaffirmed
Migrated from 'CRISIL A4+' Issuer Not Cooperating
Anandji Haridas and Co. Pvt Ltd LOC CRISIL A4+ 40 Reaffirmed
Migrated from 'CRISIL A4+' Issuer Not Cooperating
Anglo India Jute and Textile Industries BG CRISIL A4+ 20 Assigned
Pvt Ltd
Astra Lifecare India Pvt Ltd BG CRISIL A3 80 Reaffirmed
Autotech Non-Wovens Pvt Ltd BG CRISIL A4+ 20 Reaffirmed
Autotech Non-Wovens Pvt Ltd LOC CRISIL A4+ 30 Reaffirmed
Bajaj Agro Industries BG CRISIL A4 5 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Balaji Impex LOC CRISIL A4+ 250 Reaffirmed
Bhandari Steels Ltd LOC CRISIL A4 50 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Bhasin Industries Overdraft CRISIL A4 20 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Bhasin Industries Proposed NFBL CRISIL A4 20 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Chembond Chemicals Ltd BG CRISIL A1 30 Reaffirmed
Chothy Enterprises Packing Credit CRISIL A4+ 75 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Concord Construction BG CRISIL A4 390 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Coronet Engineers Pvt Ltd BG CRISIL A4+ 24.2 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Coronet Engineers Pvt Ltd LOC CRISIL A4+ 20 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Datamatics Global Services Ltd Packing Credit# CRISIL A1 200 Reaffirmed
#Interchangeable with overdraft to the extent of Rs 5 crore, import letter of credit to the
extent of Rs 3 crore, and bank guarantee to the extent of Rs 3 cro
Datamatics Global Services Ltd Packing Credit CRISIL A1 150 Reaffirmed
Datamatics Global Services Ltd Proposed ST Bk CRISIL A1 150 Reaffirmed
Loan Fac
Duvet Industries BG CRISIL A4 2 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Galpha Laboratories Ltd BG CRISIL A2 30 Reaffirmed
Galpha Laboratories Ltd LOC CRISIL A2 20 Reaffirmed
Garg Agrifoods Pvt Ltd BG CRISIL A4+ 60 Assigned
Assigned: Suspension Revoked
Gaurav Impex Bill Discounting CRISIL A4+ 40 Assigned
under LOC
IL Jin Electronics India Pvt Ltd Sales Bill CRISIL A2 200 Assigned
Discounting**
**Sublimit - Cash credit of Rs 15 crore, buyer's credit of Rs 10 crore, and working capital
demand loan of Rs 15.0 crore.
Jai Sai Construction BG CRISIL A4+ 50
Assigned
Jai Shree Shyam Textiles BG CRISIL A4+ 2.6 Reaffirmed
Jindal Spinning Mills Ltd Packing Credit CRISIL A4 54 Reaffirmed
Issuer Not Cooperating; Rating Migrated
K S Subbiah Pillai and Company India Letter Of GuaranteeCRISIL A2+ 2.5 Reaffirmed
Pvt Ltd
K S Subbiah Pillai and Company India LOC CRISIL A2+ 2 Reaffirmed
Pvt Ltd
K S Subbiah Pillai and Company India Packing Credit CRISIL A2+ 200 Reaffirmed
Pvt Ltd
K. Ravindran BG CRISIL A4+ 20 Reaffirmed
Migrated from 'CRISIL A4+' Issuer Not Cooperating
K.K.P. Fine Linen Pvt Ltd Foreign Bill CRISIL A3 75 Withdrawal
Discounting
Issuer Not Cooperating
K.K.P. Fine Linen Pvt Ltd LOC CRISIL A3 30 Withdrawal
Issuer Not Cooperating
K.K.P. Fine Linen Pvt Ltd Packing Credit in CRISIL A3 256 Withdrawal
Foreign Currency
Issuer Not Cooperating
Kakinada Seaports Ltd BG CRISIL A2+ 833.6 Reaffirmed
Kansara Forge And Wires Pvt Ltd LOC CRISIL A4 20 Assigned
Khwahish Marketing Pvt Ltd Overdraft CRISIL A4 75 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Krishna Steel Industries Proposed ST Bk CRISIL A4 35 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Kumar Enterprises BG CRISIL A4+ 40 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Lanarsy Infra Ltd BG CRISIL A4+ 120 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Lilly Fashions Pvt Ltd Packing Credit in CRISIL A4 32.5 Reaffirmed
Foreign Currency
Issuer Not Cooperating; Rating Migrated
M Arunachalam Projects and BG CRISIL A4+ 100 Reaffirmed
Infrastructure Company Pvt Ltd
M Suresh Company Pvt Ltd Foreign Exchange CRISIL A1 40 Reaffirmed
Forward
M Suresh Company Pvt Ltd Standby Line of CRISIL A1 287.5 Reaffirmed
Credit
M.L.Exports Letter Of GuaranteeCRISIL A2+ 20 Reaffirmed
M.L.Exports LOC CRISIL A2+ 10 Reaffirmed
M.L.Exports Packing Credit CRISIL A2+ 300 Reaffirmed
Maddi Lakshmaiah and Co Ltd ST Loan CRISIL A2+ 100
Reaffirmed
Mehra Polytex Pvt Ltd BG CRISIL A4+ 20 Reaffirmed
MGG Infra Projects Pvt Ltd BG CRISIL A4 30 Reaffirmed
Issuer Not Cooperating; Rating Migrated
ML Agro Products Ltd Letter Of GuaranteeCRISIL A2+ 4 Reaffirmed
ML Agro Products Ltd LOC CRISIL A2+ 2 Reaffirmed
ML Agro Products Ltd Packing Credit CRISIL A2+ 160 Reaffirmed
Nagode International Pvt Ltd Export Packing CRISIL A4+ 110 Reaffirmed
Credit & Export
Bills Negotiation/Foreign Bill discounting
Issuer Not Cooperating; Rating Migrated
Nand Kishore and Sons LOC CRISIL A4+ 300 Reaffirmed
Power Finance Corporation Ltd ST Borrowing CRISIL A1+ 20000 Assigned
programme~
~Borrowing programme for fiscal 2019. Total incremental long-term bank borrowing and borrowings
under the rated long-term bonds programme not to exceed Rs.37,000 crore at any point in time
during the fiscal. The long-term borrowing programme includes tax-free bonds under Section 10 of
the Income Tax Act.
Power Finance Corporation Ltd ST Borrowing CRISIL A1+ 20000 Reaffirmed
programme*
*Borrowing programme for fiscal 2018. Total incremental long-term bank borrowing and borrowings
under the rated long-term bonds programme not to exceed Rs.64,000 crore at any point in time
during the fiscal. The long-term borrowing programme includes tax-free bonds under Section 10 of
the Income Tax Act.
Precision Infomatic (M) Pvt Ltd BG CRISIL A4+ 20 Reaffirmed
Issuer Not Co-operating
Prism Enterprises Pvt Ltd Overdraft CRISIL A4+ 205 Assigned
Prism Enterprises Pvt Ltd BG CRISIL A4+ 21.4 Assigned
Prism Jewellery Post Shipment CRISIL A4+ 134 Assigned
Credit
PVR Projects Ltd BG CRISIL A3+ 770 Assigned
Assigned: Suspension Revoked
R. S. Graphics Proposed ST Bk CRISIL A4+ 25 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Rajhans Metals Pvt Ltd Proposed NFBL CRISIL A4+ 297 Assigned
Ram Niwas and Company BG CRISIL A4+ 130 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Ravi Industries LOC CRISIL A4+ 42.5 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Resonance Paper Mill Pvt Ltd BG CRISIL A4 10 Reaffirmed
Rishika Construction Proposed NFBL CRISIL A4+ 65 Assigned
Rishika Construction BG CRISIL A4+ 40 Assigned
RNS Infrastructure Ltd BG CRISIL A3+ 3590
Upgraded from 'CRISIL A3'
RNS Infrastructure Ltd Proposed NFBL CRISIL A3+ 300
Upgraded from 'CRISIL A3'
S.M. Sun Power Ltd BG CRISIL A4+ 20 Reaffirmed
Issuer Not Cooperating
Safex Fire Services Ltd BG CRISIL A3+ 5 Reaffirmed
Safex Fire Services Ltd LOC CRISIL A3+ 45 Reaffirmed
Sap Print Solutions Pvt Ltd BG CRISIL A3 50 Reaffirmed
Sap Print Solutions Pvt Ltd Overdraft CRISIL A3 70 Reaffirmed
Seasaga Enterprises Pvt Ltd Packing Credit CRISIL A4+ 169.5 Reaffirmed
Shriram Transport Finance Co. Ltd BG CRISIL A1+ 16200 Reaffirmed
Shriram Transport Finance Co. Ltd ST Bk Fac CRISIL A1+ 22690 Reaffirmed
Shriram Transport Finance Co. Ltd CP CRISIL A1+ 7500 Reaffirmed
Spectra and Star Convergence Ltd BG CRISIL A3 110 Reaffirmed
Suchi Industries Ltd BG CRISIL A4+ 10 Reaffirmed
Sundaram Mutual Fund Proposed ST Bk CRISIL A1+ 10000 Reaffirmed
Loan Fac
Sundaram Mutual Fund ST Bk Fac CRISIL A1+ 15000 Reaffirmed
Symtronics Automation Pvt Ltd BG CRISIL A4 15 Reaffirmed
Techno Global Services Pvt Ltd BG CRISIL A4+ 60 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Thirupathy Bright Industries BG CRISIL A4+ 15 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Thirupathy Bright Industries LOC CRISIL A4+ 25 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Trina NRE Transportation Ltd BG CRISIL A4 8 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Trina NRE Transportation Ltd Bill Purchase CRISIL A4 12.5 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Trina NRE Transportation Ltd LOC CRISIL A4 15 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Trina NRE Transportation Ltd Packing Credit CRISIL A4 30 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Veevee Controls Pvt Ltd BG CRISIL A3+ 100 Reaffirmed
CRISIL A3+
Vignans Foundation For Science Overdraft CRISIL A3+ 145 Reaffirmed
Technology And Research
Vijai Construction India Pvt Ltd BG CRISIL A3+ 440 Reaffirmed
Vijai Construction India Pvt Ltd Proposed BG CRISIL A3+ 530 Assigned
Vijayneha Polymers Pvt Ltd LOC CRISIL A3+ 200 Reaffirmed
Wahi Sons Pvt Ltd BG CRISIL A4+ 10 Reaffirmed
Wahi Sons Pvt Ltd LOC CRISIL A4+ 30 Reaffirmed
Window Magic India Pvt Ltd LOC & BG CRISIL A4+ 30 Reaffirmed
MEDIUM TERM RATINGS:
-------------------
Shriram Transport Finance Co. Ltd FD Programme FAAA Reaffirmed
LONG TERM RATINGS:
-------------------
A and A Real Estate Pvt Ltd LT Loan CRISIL B+ 160 Assigned
A. D. Jeyaveerapandia Nadar and Bros CC CRISIL BB- 12 Reaffirmed
(Nagapattinam)
Issuer Not Cooperating
A. D. Jeyaveerapandia Nadar and Bros WC Foreign CRISIL BB- 48 Reaffirmed
(Nagapattinam) Currency TL
Issuer Not Cooperating
ACETEL Enterprises Pvt Ltd CC CRISIL BB- 150 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Adinath Jewellery Exports Packing Credit CRISIL A 245 Reaffirmed
(pre-shipment
credit)
Adinath Jewellery Exports Post Shipment CRISIL A 105 Reaffirmed
Credit
Adinath Jewellery Exports Proposed LT Bk CRISIL A 250 Reaffirmed
Loan Fac
Alps Chemicals Pvt Ltd CC CRISIL BBB 10 Reaffirmed
Alps Chemicals Pvt Ltd Proposed LT Bk CRISIL BBB 113.2 Assigned
Loan Fac
Amartara Pvt Ltd BG Withdrawal 1
Withdrawal
Amartara Pvt Ltd Line of Credit Withdrawal 250
Withdrawal
Amartara Pvt Ltd Proposed LT Bk Withdrawal 44.6
Loan Fac
Withdrawal
Amartara Pvt Ltd Rupee TL Withdrawal 3.8
Withdrawal
Amartara Pvt Ltd TL Withdrawal 15.4
Withdrawal
Anandji Haridas and Co. Pvt Ltd CC CRISIL BB+ 70 Reaffirmed
Migrated from 'CRISIL BB+' Issuer Not Cooperating
Anandji Haridas and Co. Pvt Ltd LT Loan CRISIL BB+ 78 Reaffirmed
Migrated from 'CRISIL BB+' Issuer Not Cooperating
Anglo India Jute and Textile Industries Proposed LT Bk CRISIL BB 10 Assigned
Pvt Ltd Loan Fac
Anglo India Jute and Textile Industries LT Loan CRISIL BB 75 Assigned
Pvt Ltd
Anglo India Jute and Textile Industries CC CRISIL BB 40 Assigned
Pvt Ltd
Aravind Ceramic Industries Ltd CC CRISIL BB 260 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Aravind Ceramic Industries Ltd LT Loan CRISIL BB 180 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Aravind Ceramic Industries Ltd Proposed LT Bk CRISIL BB 10 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Arvind Singla CC CRISIL BB- 80 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Arvind Singla Proposed CC Limit CRISIL BB- 30 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Asirvad Microfinance Ltd- Kamban Series A PTCs Provisional
Northern Arc 2018 CRISIL A (SO)
Provisional Rating Assigned
Astra Lifecare India Pvt Ltd Credit Limit Under CRISIL BBB- 100 Reaffirmed
Gold Card
Astra Lifecare India Pvt Ltd Export Packing CRISIL BBB- 650 Reaffirmed
Credit
Astra Lifecare India Pvt Ltd Proposed LT Bk CRISIL BBB- 172.3 Reaffirmed
Loan Fac
Astra Lifecare India Pvt Ltd TL CRISIL BBB- 105 Assigned
Autotech Non-Wovens Pvt Ltd CC CRISIL BB- 125 Reaffirmed
Autotech Non-Wovens Pvt Ltd TL CRISIL BB- 383.9 Reaffirmed
Avigna Properties Pvt Ltd Proposed LT Bk CRISIL BB- 700 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Bajaj Agro Industries CC CRISIL B+ 55 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Bajaj Agro Industries TL CRISIL B+ 25.1 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Balaji Impex CC* CRISIL BB+ 70 Reaffirmed
* Interchangeable with Letter of Credit
Balaji Impex Proposed LT Bk CRISIL BB+ 15
Loan Fac
Reaffirmed
Beekay Auto Pvt Ltd Inventory Funding CRISIL BBB 570
Fac
Migrated from 'CRISIL BB+' Issuer Not Cooperating
Beekay Auto Pvt Ltd Proposed LT Bk CRISIL BBB 30
Loan Fac
Migrated from 'CRISIL BB+' Issuer Not Cooperating
Bhandari Steels Ltd CC CRISIL B+ 70 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Bhandari Steels Ltd Electronic Dealer CRISIL B+ 110 Reaffirmed
Financing
Scheme(e-DFS)
Issuer Not Cooperating; Rating Migrated
Bhandari Steels Ltd Proposed LT Bk CRISIL B+ 10 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Bhasin Industries Non-FBL CRISIL B+ 50 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Bhasin Industries Proposed TL CRISIL B+ 10 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Bhaskar Urade and Brothers CC CRISIL BB- 65 Reaffirmed
Chathur Realtors Pvt Ltd Proposed LT Bk CRISIL BBB- 80 Reaffirmed
Loan Fac
Chembond Chemicals Ltd CC CRISIL A- 160 Reaffirmed
Chothy Enterprises CC CRISIL BB- 140 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Chothy Enterprises TL CRISIL BB- 10 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Concord Construction CC CRISIL B+ 100 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Coronet Engineers Pvt Ltd CC CRISIL BB- 9 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Coronet Engineers Pvt Ltd Proposed LT Bk CRISIL BB- 46.8 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Dadha Pharma Distribution Pvt Ltd CC CRISIL BBB- 150 Reaffirmed
Duvet Industries CC CRISIL B+ 30 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Duvet Industries TL CRISIL B+ 28 Reaffirmed
Issuer Not Cooperating; Rating Migrated
G. K. International CC CRISIL BB- 6.5^ Reaffirmed
Issuer Not Cooperating; Rating Migrated; ^100% interchangeable with buyer's credit
G.L. Metallica Pvt Ltd CC CRISIL BB- 100 Assigned
G.L. Metallica Pvt Ltd TL CRISIL BB- 11.1 Assigned
Galpha Laboratories Ltd CC CRISIL BBB+ 300 Reaffirmed
Outlook revised from 'Stable' and rating reaffirmed
Garg Agrifoods Pvt Ltd CC CRISIL BB 240 Assigned
Assigned: Suspension Revoked
Gaurav Impex CC CRISIL BB- 30 Assigned
Hitkari Multifilters Ltd BG Withdrawal 0.5
Reaffirmed and Withdrawal
Hitkari Multifilters Ltd CC Withdrawal 75
Reaffirmed and Withdrawal
Hitkari Multifilters Ltd LOC Withdrawal 75
Reaffirmed and Withdrawal
Hitkari Multifilters Ltd Proposed LT Bk Withdrawal 38.7
Loan Fac
Reaffirmed and Withdrawal
Hitkari Multifilters Ltd TL Withdrawal 0.8
Reaffirmed and Withdrawal
IL Jin Electronics India Pvt Ltd LT Loan CRISIL BBB+ 300 Assigned
Infra Moves Pvt Ltd CC CRISIL B+ 80 Reaffirmed
Infra Moves Pvt Ltd Proposed LT Bk CRISIL B+ 110 Reaffirmed
Loan Fac
Jai Jagdamba Scrap Suppliers Ltd CC CRISIL B 49.5 Assigned
Jai Sai Construction CC CRISIL BB- 50
Assigned
Jai Sai Construction Proposed BG CRISIL BB- 450
Assigned
Jai Sai Construction Proposed CC Limit CRISIL BB- 200 Assigned
Jai Shree Shyam Textiles CC CRISIL BB- 34 Reaffirmed
Jai Shree Shyam Textiles TL CRISIL BB- 49.4 Reaffirmed
Jain Industries CC Withdrawal 90
Jindal Spinning Mills Ltd CC CRISIL B+ 1 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Jindal Spinning Mills Ltd Foreign Bill CRISIL B+ 50 Reaffirmed
Purchase
Issuer Not Cooperating; Rating Migrated
K K P Spinning Mills Pvt Ltd CC CRISIL BBB- 105 Reaffirmed
Issuer Not Cooperating; Rating Migrated
K K P Spinning Mills Pvt Ltd Line of Credit CRISIL BBB- 310 Reaffirmed
Issuer Not Cooperating; Rating Migrated
K K P Spinning Mills Pvt Ltd CC Withdrawal 232
K K P Spinning Mills Pvt Ltd LOC Withdrawal 58
K K P Spinning Mills Pvt Ltd LT Loan Withdrawal 130
K K P Spinning Mills Pvt Ltd Standby Line of Withdrawal 25 Assigned
Credit
K S Subbiah Pillai and Company India CC CRISIL A- 10 Reaffirmed
Pvt Ltd
K S Subbiah Pillai and Company India Proposed LT Bk CRISIL A- 15.2 Reaffirmed
Pvt Ltd Loan Fac
K S Subbiah Pillai and Company India TL CRISIL A- 1.4 Assigned
Pvt Ltd
K. K. Tex Enterprises CC CRISIL B 60 Reaffirmed
Migrated from 'CRISIL B' Issuer Not Cooperating
K. K. Tex Enterprises Proposed LT Bk CRISIL B 5.7 Reaffirmed
Loan Fac
Migrated from 'CRISIL B' Issuer Not Cooperating
K. K. Tex Enterprises TL CRISIL B 4.3 Reaffirmed
Migrated from 'CRISIL B' Issuer Not Cooperating
K. Ravindran CC CRISIL BB- 230 Reaffirmed
Migrated from 'CRISIL BB-' Issuer Not Cooperating
K. V. Education Trust CC/ Overdraft Fac CRISIL BB 14.5 Reaffirmed
Issuer Not Cooperating; Rating Migrated
K. V. Education Trust Proposed LT Bk CRISIL BB 40 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
K. V. Education Trust TL CRISIL BB 15.5 Reaffirmed
Issuer Not Cooperating; Rating Migrated
K.K.P. Fine Linen Pvt Ltd LT Loan CRISIL BBB- 3 Withdrawal
Issuer Not Cooperating
Kakinada Seaports Ltd LT Loan CRISIL A- 9243.4 Reaffirmed
Kakinada Seaports Ltd Proposed LT Bk CRISIL A- 73 Reaffirmed
Loan Fac
Kansara Forge And Wires Pvt Ltd TL CRISIL B+ 30 Assigned
Kansara Forge And Wires Pvt Ltd CC CRISIL B+ 25 Assigned
Khwahish Marketing Pvt Ltd Proposed LT Bk CRISIL B+ 125 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Kitturu Chennamma Poultry Farm LT Loan CRISIL BB- 5.1 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Kitturu Chennamma Poultry Farm Open CC CRISIL BB- 68 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Kitturu Chennamma Poultry Farm Proposed CC Limit CRISIL BB- 22.2 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Kitturu Chennamma Poultry Farm Proposed LT Bk CRISIL BB- 1 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Konark Gujarat PV Pvt Ltd TL CRISIL A- 460 Reaffirmed
Krishna Steel Industries Bill Discounting CRISIL B+ 40 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Krishna Steel Industries CC CRISIL B+ 25 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Kumar Enterprises Secured Overdraft CRISIL BB 50 Reaffirmed
Fac
Issuer Not Cooperating; Rating Migrated
Kumar Enterprises TL CRISIL BB 15 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Lanarsy Infra Ltd CC CRISIL BB 30 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Lilly Fashions Pvt Ltd Foreign Bill CRISIL B+ 10 Reaffirmed
Discounting
Issuer Not Cooperating; Rating Migrated
Lucknow Producers Co-Operative Milk CC CRISIL B 220 Assigned
Union Ltd
M Arunachalam Projects and Proposed LT Bk CRISIL BB+ 220 Reaffirmed
Infrastructure Company Pvt Ltd Loan Fac
M Suresh Company Pvt Ltd Packing Credit CRISIL A 2546 Reaffirmed
(pre-shipment
credit)
M Suresh Company Pvt Ltd Post Shipment CRISIL A 1666.5
Credit
Reaffirmed
M Suresh Company Pvt Ltd Proposed LT Bk CRISIL A 37.5 Reaffirmed
Loan Fac
M Suresh Company Pvt Ltd Standby Line of CRISIL A 432.5 Reaffirmed
Credit
M Suresh Jewellery Pvt Ltd Export Packing CRISIL A 100 Reaffirmed
Credit
M Suresh Jewellery Pvt Ltd FB Fac CRISIL A 400 Reaffirmed
M Suresh Jewellery Pvt Ltd Packing Credit CRISIL A 200 Reaffirmed
(pre-shipment
credit)
M Suresh Jewellery Pvt Ltd Post Shipment CRISIL A 350 Reaffirmed
Credit
M Suresh Jewellery Pvt Ltd WC Fac CRISIL A 100
Reaffirmed
M. A. S. Subbaiah Chettiar Educational Cash TL CRISIL BB 78 Reaffirmed
And Charitable Trust
Issuer Not Cooperating; Rating Migrated
M. A. S. Subbaiah Chettiar Educational Secured Overdraft CRISIL BB 31 Reaffirmed
And Charitable Trust Fac
Issuer Not Cooperating; Rating Migrated
M.L.Exports CC CRISIL A- 10 Reaffirmed
Maa Bhuasuni Roller Flour Mills CC Withdrawal 90
Maa Bhuasuni Roller Flour Mills TL Withdrawal 40
Maa Rewa Sugars Pvt Ltd CC CRISIL BB 100 Assigned
Maa Rewa Sugars Pvt Ltd TL CRISIL BB 189.8 Assigned
Maddi Lakshmaiah and Co Ltd CC CRISIL A- 250 Reaffirmed
Maddi Lakshmaiah and Co Ltd Proposed LT Bk CRISIL A- 38.2
Loan Fac
Reaffirmed
Maddi Lakshmaiah and Co Ltd TL CRISIL A- 11.8 Assigned
Manas Agro Industries CC CRISIL B+ 26 Assigned
Manas Agro Industries TL CRISIL B+ 34 Assigned
Mehra Polytex Pvt Ltd CC CRISIL BB 120 Reaffirmed
Mehra Polytex Pvt Ltd Proposed LT Bk CRISIL BB 10 Reaffirmed
Loan Fac
MGG Infra Projects Pvt Ltd CC CRISIL B+ 40 Reaffirmed
Issuer Not Cooperating; Rating Migrated
ML Agro Products Ltd CC CRISIL A- 40 Reaffirmed
ML Agro Products Ltd Proposed LT Bk CRISIL A- 28.2 Reaffirmed
Loan Fac
ML Agro Products Ltd TL CRISIL A- 11.8 Assigned
Nagode International Pvt Ltd Proposed TL CRISIL BB 40 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Nand Kishore and Sons CC CRISIL BB 100 Reaffirmed
Naresh Cloth Store CC CRISIL B 60 Reaffirmed
Naresh Cloth Store Proposed LT Bk CRISIL B 65 Reaffirmed
Loan Fac
P. R. Technoplast Pvt Ltd CC Withdrawal 35
Issuer Not Cooperating; Rating Withdrawal
P. R. Technoplast Pvt Ltd Proposed LT Bk Withdrawal 30
Loan Fac
Issuer Not Cooperating; Rating Withdrawal
P. R. Technoplast Pvt Ltd TL Withdrawal 60
Issuer Not Cooperating; Rating Withdrawal
Pandav Agro Food Processing CC CRISIL B 75 Assigned
Pandav Agro Food Processing TL CRISIL B 71 Assigned
Power Finance Corporation Ltd CC** CRISIL AAA 100000 Reaffirmed
**Limit for working capital'working capital demand loan/overdraft facility/cash credit/line of
credit/bank guarantee. Limit includes long-term and short-term
Power Finance Corporation Ltd TL CRISIL AAA 20000 Reaffirmed
Power Finance Corporation Ltd LT Borrowing CRISIL AAA 37000 Assigned
Programme~
~Borrowing programme for fiscal 2019. Total incremental long-term bank borrowing and borrowings
under the rated long-term bonds programme not to exceed Rs.37,000 crore at any point in time
during the fiscal. The long-term borrowing programme includes tax-free bonds under Section 10 of
the Income Tax Act.
Power Finance Corporation Ltd LT Borrowing CRISIL AAA 64000 Reaffirmed
Programme*
*Borrowing programme for fiscal 2018. Total incremental long-term bank borrowing and borrowings
under the rated long-term bonds programme not to exceed Rs.64,000 crore at any point in time
during the fiscal. The long-term borrowing programme includes tax-free bonds under Section 10 of
the Income Tax Act.
Power Finance Corporation Ltd Subordinated NCDs CRISIL AAA 15000 Reaffirmed
Power Finance Corporation Ltd Bonds # CRISIL AAA 185943.4Reaffirmed
#Includes Rs 5000 crore of extra budgetary resources raised on behalf of Ministry of Power.
Precision Infomatic (M) Pvt Ltd CC CRISIL BB 190 Reaffirmed
Issuer Not Co-operating
Prism Enterprises Pvt Ltd Proposed WC Fac CRISIL BB- 99.6 Assigned
Prism Enterprises Pvt Ltd Gold Loan CRISIL BB- 54 Assigned
Prism Enterprises Pvt Ltd CC CRISIL BB- 720 Assigned
Prism Jewellery Proposed LT Bk CRISIL BB- 16 Assigned
Loan Fac
PVR Projects Ltd Overdraft CRISIL BBB 300 Assigned
Assigned: Suspension Revoked
PVR Projects Ltd Proposed LT Bk CRISIL BBB 250 Assigned
Loan Fac
Assigned: Suspension Revoked
R. S. Graphics CC CRISIL BB- 25 Reaffirmed
Issuer Not Cooperating; Rating Migrated
R. S. Graphics LT Loan CRISIL BB- 30 Reaffirmed
Issuer Not Cooperating; Rating Migrated
R. S. Graphics Proposed LT Bk CRISIL BB- 20 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Rachna Metal Industries Pvt Ltd CC CRISIL BB- 150 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Rachna Metal Industries Pvt Ltd Proposed LT Bk CRISIL BB- 62.7 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Rajhans Metals Pvt Ltd Standby Line of CRISIL BB+ 10 Assigned
Credit
Rajhans Metals Pvt Ltd Rupee TL CRISIL BB+ 20 Assigned
Rajhans Metals Pvt Ltd Proposed CC Limit CRISIL BB+ 80 Assigned
Rajhans Metals Pvt Ltd Buyer`s Credit CRISIL BB+ 158 Assigned
Rajhans Metals Pvt Ltd CC CRISIL BB+ 335 Assigned
Ram Niwas and Company CC CRISIL BB- 20 Reaffirmed
Issuer Not Cooperating; Rating Migrated
RAPP Transmission Co. Ltd Proposed TL Withdrawal 2200
Ravi Industries CC CRISIL BB- 40 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Reach Logistics Pvt Ltd CC CRISIL BB- 50 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Reach Logistics Pvt Ltd Proposed LT Bk CRISIL BB- 10 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Relixir Pharmaceuticals Pvt Ltd CC CRISIL B 50 Assigned
Relixir Pharmaceuticals Pvt Ltd LT Loan CRISIL B 145 Assigned
Resonance Paper Mill Pvt Ltd CC CRISIL B+ 70 Reaffirmed
Resonance Paper Mill Pvt Ltd Proposed LT Bk CRISIL B+ 8 Reaffirmed
Loan Fac
Resonance Paper Mill Pvt Ltd TL CRISIL B+ 52 Reaffirmed
Rishika Construction CC CRISIL BB 45 Assigned
RNS Infrastructure Ltd CC CRISIL BBB 560
Upgraded from 'CRISIL BBB-'
RNS Infrastructure Ltd Overdraft CRISIL BBB 150
Upgraded from 'CRISIL BBB-'
RNS Infrastructure Ltd Proposed FB Bk CRISIL BBB 400
Limits
Upgraded from 'CRISIL BBB-'
S.M. Sun Power Ltd CC CRISIL BB 40 Reaffirmed
Issuer Not Cooperating
S.M. Sun Power Ltd Proposed LT Bk CRISIL BB 20 Reaffirmed
Loan Fac
Issuer Not Cooperating
Safex Fire Services Ltd CC CRISIL BBB 50 Reaffirmed
Sap Print Solutions Pvt Ltd CC CRISIL BBB- 130 Reaffirmed
Sea Star Frozen Foods TL CRISIL B+ 49.2 Assigned
Sea Star Frozen Foods CC CRISIL B+ 49 Assigned
Sea Star Frozen Foods Proposed TL CRISIL B+ 1.8 Assigned
Seasaga Enterprises Pvt Ltd Bill Discounting CRISIL BB 140 Reaffirmed
Seasaga Enterprises Pvt Ltd TL CRISIL BB 240 Reaffirmed
Shakti Apifoods Pvt Ltd Bill Discounting CRISIL BB- 1000
Downgraded from 'CRISIL BB'
Shakti Apifoods Pvt Ltd CC CRISIL BB- 100
Downgraded from 'CRISIL BB'
Shakti Apifoods Pvt Ltd TL CRISIL BB- 100
Downgraded from 'CRISIL BB'
Sheranwali Steels Pvt Ltd CC CRISIL B 90 Assigned
Assigned: Suspension Revoked
Shree Ganesh Education and Welfare LT Loan CRISIL D 94.7 Reaffirmed
Society
Migrated from 'CRISIL D Issuer Not Cooperating'
Shree Gita Ginning and Oil Industries CC CRISIL BB 370 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Shree Gita Ginning and Oil Industries Line of Credit CRISIL BB 130 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Shri Saiprasad Rice Mill CC CRISIL BB- 55 Reaffirmed
Shriram Transport Finance Co. Ltd BG CRISIL AA+ 5500 Reaffirmed
Shriram Transport Finance Co. Ltd CC & WC demand loanCRISIL AA+ 63590 Reaffirmed
Shriram Transport Finance Co. Ltd LT Bk Fac@ CRISIL AA+ 194740 Reaffirmed
@Long term bank facilities of Rs.1243 crore transferred from Shriram Equipment Finance Company
Limited to Shriram Transport Finance Company Limited upon amalgamation of the former with latter
Shriram Transport Finance Co. Ltd Proposed LT Bk CRISIL AA+ 59710 Reaffirmed
Loan Fac
Shriram Transport Finance Co. Ltd Subordinated Debt CRISIL AA+ 1000 Assigned
Shriram Transport Finance Co. Ltd NCD CRISIL AA+ 31780 Reaffirmed
Shriram Transport Finance Co. Ltd Subordinated Debt #CRISIL AA+ 131.7 Reaffirmed
#Transferred from Shriram Equipment Finance Company Limited to Shriram Transport Finance Company
Limited upon amalgamation of the former with latter
Shriram Transport Finance Co. Ltd Subordinated Debt CRISIL AA+ 1500 Reaffirmed
Issue (Tier II)
Bonds
Shriram Transport Finance Co. Ltd Subordinated Debt CRISIL AA+ 1000 Reaffirmed
Shrusti CC CRISIL BB- 98.9 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Shrusti Proposed LT Bk CRISIL BB- 201.1 Reaffirmed
Loan Fac
Issuer Not Cooperating; Rating Migrated
Shubh Aluminium Pvt Ltd Line of Credit CRISIL B+ 140 Assigned
Spectra and Star Convergence Ltd CC CRISIL BBB- 590 Reaffirmed
Sri Nidamanuri Educational Society Cash TL CRISIL BB 65 Reaffirmed
Migrated from 'CRISIL BB' Issuer Not Cooperating
Sri Nidamanuri Educational Society Overdraft CRISIL BB 60 Reaffirmed
Migrated from 'CRISIL BB' Issuer Not Cooperating
Suchi Industries Ltd CC CRISIL BB 45
Downgraded from 'CRISIL BB+'
Suchi Industries Ltd Proposed LT Bk CRISIL BB 43
Loan Fac
Downgraded from 'CRISIL BB+'
Suchi Industries Ltd Rupee TL CRISIL BB 3.5
Downgraded from 'CRISIL BB+'
Symtronics Automation Pvt Ltd CC CRISIL B+ 45
Upgraded from 'CRISIL B'
Symtronics Automation Pvt Ltd Proposed LT Bk Withdrawal 5
Loan Fac
Techna Infrastructure Pvt Ltd Proposed LT Bk Withdrawal 810.5
Loan Fac
Withdrawal
Techna Infrastructure Pvt Ltd TL Withdrawal 889.5
Withdrawal
Techno Global Services Pvt Ltd CC CRISIL BB- 20 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Tharun Texspin Mills Pvt Ltd CC CRISIL BB 70 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Tharun Texspin Mills Pvt Ltd LT Loan CRISIL BB 3 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Tharun Texspin Mills Pvt Ltd Proposed CC Limit CRISIL BB 70 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Tharun Texspin Mills Pvt Ltd Proposed WC Fac CRISIL BB 7 Reaffirmed
Issuer Not Cooperating; Rating Migrated
The Mysore Paper Mills Ltd BG CRISIL D 10 Reaffirmed
Issuer Not Cooperating; Rating Migrated
The Mysore Paper Mills Ltd CC CRISIL D 450 Reaffirmed
Issuer Not Cooperating; Rating Migrated
The Mysore Paper Mills Ltd LOC CRISIL D 550 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Thirupathy Bright Industries CC CRISIL BB 80 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Thirupathy Bright Industries TL CRISIL BB 10 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Trina NRE Transportation Ltd CC/ Overdraft Fac CRISIL B+ 20 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Trina NRE Transportation Ltd TL CRISIL B+ 60 Reaffirmed
Issuer Not Cooperating; Rating Migrated
Unitech Mercantile Pvt Ltd LT Loan CRISIL B 120 Assigned
Unitech Mercantile Pvt Ltd Proposed LT Bk CRISIL B 30 Assigned
Loan Fac
Veevee Controls Pvt Ltd CC CRISIL BBB 20 Reaffirmed
CRISIL BBB
Versa Drives Pvt Ltd CC CRISIL BB 46
Upgraded from 'CRISIL BB-'
Versa Drives Pvt Ltd TL CRISIL BB 54
Upgraded from 'CRISIL BB-'
VFive Homes Pvt Ltd CC CRISIL D 100
Downgraded from 'CRISIL B' Issuer Not Cooperating
Vignans Foundation For Science LT Loan CRISIL BBB 300 Reaffirmed
Technology And Research
Vijai Construction India Pvt Ltd CC CRISIL BBB 80 Reaffirmed
Vijayneha Polymers Pvt Ltd CC CRISIL BBB 340 Reaffirmed
Outlook revised from 'Stable' and rating reaffirmed
Vijayneha Polymers Pvt Ltd Channel Financing CRISIL BBB 170 Reaffirmed
Outlook revised from 'Stable' and rating reaffirmed
Vijayneha Polymers Pvt Ltd LT Loan CRISIL BBB 40
Outlook revised from 'Stable' and rating reaffirmed
Wahi Sons Pvt Ltd CC CRISIL BB 95 Reaffirmed
Wahi Sons Pvt Ltd LT Loan CRISIL BB 30 Reaffirmed
Window Magic India Pvt Ltd CC CRISIL BB- 100 Reaffirmed
Window Magic India Pvt Ltd Proposed LT Bk CRISIL BB- 2.1 Reaffirmed
Loan Fac
Window Magic India Pvt Ltd TL CRISIL BB- 5.4 Reaffirmed
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected
CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.
BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.
(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at
rru.data@thomsonreuters.com)