May 15, 2019 / 9:53 AM / 6 days ago

CRISIL ratings for Indian debt instruments-May 15

    May 15 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of May 14, 2019.


COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Bajrangbali Industries                  LOC                CRISIL A4+     20      -
(Issuer Not Cooperating)
Balaji Pressure Vessels Pvt Ltd         BG                 CRISIL A4+     137     -
(Issuer Not Cooperating)
Balaji Pressure Vessels Pvt Ltd         LOC                CRISIL A4+     30      -
(Issuer Not Cooperating)
Balaji Pressure Vessels Pvt Ltd         Overdraft          CRISIL A4+     35      -
(Issuer Not Cooperating)
Balaji Pressure Vessels Pvt Ltd         Packing Credit in  CRISIL A4+     76      -
                                        Foreign Currency
(Issuer Not Cooperating)
Bhairav Impex                           Packing Credit     CRISIL A4      15      -
(Issuer Not Cooperating)
City Pride Buildcon Pvt Ltd             BG                 CRISIL A4      114.1   -
(Issuer Not Cooperating)
City Pride Buildcon Pvt Ltd             Overdraft          CRISIL A4      12.5    -
(Issuer Not Cooperating)
Colourflex Laminators Ltd               Inland/Import LOC  CRISIL A3+     90      Upgraded from
                                                                                  CRISIL A3
Digi Drives Pvt Ltd                     BG                 CRISIL A4+     23      Reaffirmed
Digi Drives Pvt Ltd                     LOC                CRISIL A4+     25      Reaffirmed
G V G Industries Pvt Ltd                BG                 CRISIL A4+     1       Reaffirmed
G V G Industries Pvt Ltd                LOC                CRISIL A4+     55      Reaffirmed
Green Asia Impex Pvt Ltd                Packing Credit     CRISIL A4      60      -
(Migrated from CRISIL A4 ISSUER NOT COOPERATING)
Harvitec Enterprises Pvt Ltd            BG                 CRISIL A4      40      -
(Issuer Not Cooperating)
Hindustan Auto Agency                   BG                 CRISIL A3      130     Reaffirmed
INOX Leisure Ltd                        BG                 CRISIL A1+     508.5   Reaffirmed
INOX Leisure Ltd                        LOC                CRISIL A1+     200     Reaffirmed
INOX Leisure Ltd                        Overdraft*         CRISIL A1+     320     Reaffirmed
*One-time short term loan of Rs 32 crore and Short term line of credit, Bank guarantee and
Letter of credit aggregating Rs 16 crore is a sub-limit
INOX Leisure Ltd                        Proposed ST Bk     CRISIL A1+     400     Assigned
                                        Loan Fac
J.K. Fisheries                          Bill Discounting   CRISIL A4      50      -
                                        under LOC
(ISSUER NOT COOPERATING)
Jai Balajee Security Services Pvt Ltd   BG                 CRISIL A4+     47.5    -
(Issuer Not Cooperating)
Jai Lokenath Oil Extraction Pvt Ltd     BG                 CRISIL A4      65      -
(Issuer Not Cooperating)
Jay Bharat Metcast Pvt Ltd              BG                 CRISIL A4+     34.4    -
(Issuer Not Cooperating)
Jay Bharat Metcast Pvt Ltd              LOC                CRISIL A4+     140     -
(Issuer Not Cooperating)
JDP Agro Industries Pvt Ltd             BG                 CRISIL A4      7.8     -
(Issuer Not Cooperating)
Jennex Granite Industries Pvt Ltd       Import LOC Limit   CRISIL A4      40      -
(Issuer Not Cooperating)
Jennex Granite Industries Pvt Ltd       Post Shipment      CRISIL A4      140     -
                                        Credit
(Issuer Not Cooperating)
K K Welding Ltd                         LOC                CRISIL A4+     50      -
(Issuer Not Cooperating)
KKB Projects Pvt Ltd                    BG                 CRISIL A3      570     Reaffirmed
Kousic and Co                           BG                 CRISIL A4      10      -
(Issuer Not Cooperating)
Kousic and Co                           Overdraft          CRISIL A4      60      -
(Issuer Not Cooperating)
M.S.Kaarthikeyan Garments               Foreign Bill       CRISIL A4+     32.5    -
                                        Discounting
(ISSUER NOT COOPERATING)
M.S.Kaarthikeyan Garments               Inland/Import LOC  CRISIL A4+     5       -
(ISSUER NOT COOPERATING)
M.S.Kaarthikeyan Garments               Packing Credit     CRISIL A4+     60      -
(ISSUER NOT COOPERATING)
Melody Healthcare Pvt Ltd               BG                 CRISIL A3      2.5     Reaffirmed
Melody Healthcare Pvt Ltd               Inland/Import LOC  CRISIL A3      40      Reaffirmed
MN Ramesh Engineers and Contractor      BG                 CRISIL A4+     150     -
(Issuer Not Cooperating)
MN Ramesh Engineers and Contractor      Proposed BG        CRISIL A4+     140     -
(Issuer Not Cooperating)
MSK Creations Pvt Ltd                   Packing Credit in  CRISIL A4+     70      -
                                        Foreign Currency
(Issuer Not Cooperating)
Myrayash Hotels Pvt Ltd                 BG                 CRISIL A4+     50      -
(Issuer Not Cooperating)
Osian Commotrade Pvt Ltd                LOC                CRISIL A4      18      -
(Issuer Not Cooperating)
Osian Commotrade Pvt Ltd                Proposed LOC       CRISIL A4      142     -
(Issuer Not Cooperating)
Pratipa Cashews                         Bill Discounting   CRISIL A4+     30      Reaffirmed
Pratipa Cashews                         Standby Line of    CRISIL A4+     12.8    Reaffirmed
                                        Credit
Prestige Feed Mills Ltd                 BG                 CRISIL A3+     2.5     Reaffirmed
Prestige Feed Mills Ltd                 LOC                CRISIL A3+     11      Reaffirmed
Pyoginam                                BG                 CRISIL A4+     1.2     Reaffirmed
Shivalik Infraventures Pvt Ltd          BG                 CRISIL A4+     40      Reaffirmed
Sparco Multiplast Pvt Ltd               BG                 CRISIL A4+     28.9    Reaffirmed
Summit Online Trade Solutions Pvt Ltd   BG                 CRISIL A4+     350     Assigned
Suyash Kraft and Papers Ltd             LOC                CRISIL A4+     20      Reaffirmed
Tata Capital Ltd                        CP                 CRISIL A1+     20000   Reaffirmed
Techfab India Industries Ltd            LOC Bill           CRISIL A2      150     Reaffirmed
                                        Discounting
The Travancore Mats & Matting Co        Export Packing     CRISIL A3      155     -
                                        Credit & Export
                                        Bills Negotiation/Foreign Bill discounting
(ISSUER NOT COOPERATING)
Toshbro Medicals Pvt Ltd                BG                 CRISIL A4      50      Reaffirmed
Uflex Ltd                               LOC                CRISIL A1      250     Assigned
Venkata Lakshmi Narasimha Rice          Overdraft          CRISIL A4+     75      -
Industries
(Issuer Not Cooperating)
Vijai Construction India Pvt Ltd        BG                 CRISIL A3+     440     Reaffirmed
Vijai Construction India Pvt Ltd        Proposed BG        CRISIL A3+     530     Reaffirmed


LONG TERM RATINGS:
-------------------
Aashirwad Industries Pvt Ltd            CC                 CRISIL D       100     -
(Issuer Not Cooperating)
Aashirwad Industries Pvt Ltd            Proposed LT Bk     CRISIL D       20      -
                                        Loan Fac
(Issuer Not Cooperating)
Aashirwad Industries Pvt Ltd            TL                 CRISIL D       50      -
(Issuer Not Cooperating)
Anant Venkatesh Construction LLP        Rupee TL           CRISIL BB-     150     -
(Issuer Not Cooperating)
Andhra Pradesh State Financial          9.48% Bond Series  CRISIL BB      2000    Downgraded
Corporation                             V/2012*                                   from CRISIL
                                                                                  BB+
*Amount outstanding as on March 31, 2019
Andhra Pradesh State Financial          8.35% Bond Series  CRISIL BB      242     Downgraded
Corporation                             IV/2009*                                  from CRISIL
                                                                                  BB+
*Amount outstanding as on March 31, 2019
Andhra Pradesh State Financial          Bonds Series VII & CRISIL BB      2080    Downgraded
Corporation                             VIII/2014*                                from CRISIL
                                                                                  BB+
*Amount outstanding as on March 31, 2019
Annapurna Finance Pvt Ltd               LT Bk Fac          CRISIL A-      2000    Reaffirmed
Annapurna Finance Pvt Ltd               Proposed LT Bk     CRISIL A-      9000    Reaffirmed
                                        Loan Fac
Annapurna Finance Pvt Ltd               NCD                CRISIL A-      700     Assigned
Annapurna Finance Pvt Ltd               NCD                CRISIL A-      700     Assigned
Annapurna Finance Pvt Ltd               NCD                CRISIL A-      1000    Assigned
Annapurna Finance Pvt Ltd               NCD                CRISIL A-      1460    Assigned
Apco Vehicles India Pvt Ltd             CC                 CRISIL BBB-    80      Reaffirmed
Apco Vehicles India Pvt Ltd             Inventory Funding  CRISIL BBB-    140     Reaffirmed
                                        Fac
Apco Vehicles India Pvt Ltd             LT Loan            CRISIL BBB-    10      Reaffirmed
Arul Industries                         CC                 CRISIL D       70      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Arul Industries                         Foreign LOC        CRISIL D       20      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Arul Industries                         Packing Credit     CRISIL D       6       Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Arul Industries                         Proposed LT Bk     CRISIL D       24      Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB-
Arun Polymers - Dindigul                CC                 CRISIL B+      70      -
(ISSUER NOT COOPERATING)
Arun Polymers - Dindigul                LT Loan            CRISIL B+      40      -
(ISSUER NOT COOPERATING)
Bajrangbali Industries                  CC                 CRISIL BB-     50      -
(Issuer Not Cooperating)
Balaji Loomtex Pvt Ltd                  CC                 CRISIL B+      30      -
(Issuer Not Cooperating)
Balaji Loomtex Pvt Ltd                  Proposed CC Limit  CRISIL B+      105     -
(Issuer Not Cooperating)
Balaji Loomtex Pvt Ltd                  Proposed TL        CRISIL B+      165     -
(Issuer Not Cooperating)
Balaji Pressure Vessels Pvt Ltd         CC                 CRISIL BB-     14      -
(Issuer Not Cooperating)
Balaji Pressure Vessels Pvt Ltd         Proposed LT Bk     CRISIL BB-     8       -
                                        Loan Fac
(Issuer Not Cooperating)
Bhagyoday Agro Industries               CC                 CRISIL BB-     125     Reaffirmed
Bhairav Impex                           Foreign Bill       CRISIL B       40      -
                                        Discounting
(Issuer Not Cooperating)
Bharat Science Apparatus Workshops      CC                 CRISIL BB-     110     Reaffirmed
(Issuer Not Cooperating)
Bhopal Dhule Transmission Co. Ltd       External           CRISIL AAA     2782.5  Reaffirmed
                                        Commercial
                                        Borrowings
Bhopal Dhule Transmission Co. Ltd       Bond               CRISIL AAA     6920    Reaffirmed
Brijraj Agro Products Pvt Ltd           CC                 CRISIL B       34      -
(Issuer Not Cooperating)
Brijraj Agro Products Pvt Ltd           TL                 CRISIL B       27      -
(Issuer Not Cooperating)
Capital Ventures Pvt Ltd                CC/ Overdraft Fac  CRISIL BB-     180     -
(Issuer Not Cooperating)
Capital Ventures Pvt Ltd                Proposed CC Limit  CRISIL BB-     60      -
(Issuer Not Cooperating)
Carton and Carton                       CC                 CRISIL BB-     50      -
(Issuer Not Cooperating)
Centenary Arcades Pvt Ltd               Lease Rental       CRISIL D       255.5   -
                                        Discounting Loan
(Issuer Not Cooperating)
Chitiz Dairy and Agro Foods Pvt Ltd     CC                 CRISIL B       5       Reaffirmed
Chitiz Dairy and Agro Foods Pvt Ltd     TL                 CRISIL B       75      Reaffirmed
City Pride Buildcon Pvt Ltd             Proposed LT Bk     CRISIL B-      2.2     -
                                        Loan Fac
(Issuer Not Cooperating)
City Pride Buildcon Pvt Ltd             TL                 CRISIL B-      6.2     -
(Issuer Not Cooperating)
Colourflex Laminators Ltd               CC                 CRISIL BBB     145     Upgraded from
                                                                                  CRISIL BBB-
Colourflex Laminators Ltd               Proposed LT Bk     CRISIL BBB     25      Upgraded from
                                        Loan Fac                                  CRISIL BBB-
Colourflex Laminators Ltd               TL                 CRISIL BBB     40      Upgraded from
                                                                                  CRISIL BBB-
Dewan Housing Finance Corporation Ltd - Series A1 PTCs     CRISIL BBB+    1122.5  Downgraded
Nirmaan RMBS Trust - Series II - 2014                                             from CRISIL
                                                                                  AAA
(Downgraded and placed on Rating Watch with Negative Implications)
Dewan Housing Finance Corporation Ltd - Series A2 PTCs     CRISIL BBB+    46.8    Downgraded
Nirmaan RMBS Trust - Series II - 2014                                             from CRISIL AA
(Downgraded and placed on Rating Watch with Negative Implications)
Dewan Housing Finance Corporation Ltd - Series A1 PTCs     CRISIL BBB+    2850.1  Downgraded
Nirmaan RMBS Trust - Series V - 2014                                              from CRISIL
                                                                                  AAA
(Downgraded and placed on Rating Watch with Negative Implications)
Dewan Housing Finance Corporation Ltd - Series A2 PTCs     CRISIL BBB+    118.8   Downgraded
Nirmaan RMBS Trust - Series V - 2014                                              from CRISIL AA
(Downgraded and placed on Rating Watch with Negative Implications)
Dhanalakshmi Srinivasan Sugars Pvt Ltd  Proposed CC Limit  CRISIL BB+     250     Reaffirmed
Digi Drives Pvt Ltd                     CC                 CRISIL BB      145     Reaffirmed
Digi Drives Pvt Ltd                     Proposed LT Bk     CRISIL BB      29.5    Reaffirmed
                                        Loan Fac
Digi Drives Pvt Ltd                     TL                 CRISIL BB      27.5    Reaffirmed
G V G Industries Pvt Ltd                CC                 CRISIL BB      40      Reaffirmed
Green Asia Impex Pvt Ltd                CC                 CRISIL B+      30      -
(Migrated from CRISIL B+ / Stable ISSUER NOT COOPERATING)
Green Asia Impex Pvt Ltd                Proposed LT Bk     CRISIL B+      10      -
                                        Loan Fac
(Migrated from CRISIL B+/Stable ISSUER NOT COOPERATING)
Gurudeva Charitable Trust               Proposed LT Bk     CRISIL B       45      Upgraded from
                                        Loan Fac                                  CRISIL B-
Gurudeva Charitable Trust               Secured Overdraft  CRISIL B       60      Upgraded from
                                        Fac                                       CRISIL B-
Gurudeva Charitable Trust               TL                 CRISIL B       105     Upgraded from
                                                                                  CRISIL B-
Gurudeva Charitable Trust               WC Demand Loan     CRISIL B       60      Upgraded from
                                                                                  CRISIL B-
Harvitec Enterprises Pvt Ltd            CC                 CRISIL B       60      -
(Issuer Not Cooperating)
Hindustan Auto Agency                   CC                 CRISIL BBB-    600     Reaffirmed
Hindustan Auto Agency                   LT Loan            CRISIL BBB-    20      Reaffirmed
Hindustan Auto Agency                   Proposed LT Bk     CRISIL BBB-    150     Reaffirmed
                                        Loan Fac
INOX Leisure Ltd                        CC                 CRISIL AA-     250     Reaffirmed
INOX Leisure Ltd                        Proposed LT Bk     CRISIL AA-     418.3   Reaffirmed
                                        Loan Fac
INOX Leisure Ltd                        TL                 CRISIL AA-     1100    Assigned
J.K. Fisheries                          CC                 CRISIL B-      47.5    -
(ISSUER NOT COOPERATING)
J.K. Fisheries                          Proposed CC Limit  CRISIL B-      2.5     -
(ISSUER NOT COOPERATING)
Jai Balajee Security Services Pvt Ltd   CC                 CRISIL BB-     60      -
(Issuer Not Cooperating)
Jai Balajee Security Services Pvt Ltd   Proposed LT Bk     CRISIL BB-     2.5     -
                                        Loan Fac
(Issuer Not Cooperating)
Jai Lokenath Oil Extraction Pvt Ltd     CC                 CRISIL B       38.5    -
(Issuer Not Cooperating)
Jai Lokenath Oil Extraction Pvt Ltd     TL                 CRISIL B       64      -
(Issuer Not Cooperating)
Jaika Motors Pvt Ltd                    CC                 CRISIL BB      350     Reaffirmed
Jasbir Singh And Sons Hotels Pvt Ltd    Proposed LT Bk     CRISIL B       34.4    Reaffirmed
                                        Loan Fac
Jasbir Singh And Sons Hotels Pvt Ltd    TL                 CRISIL B       85.6    Reaffirmed
Jay Bharat Metcast Pvt Ltd              CC                 CRISIL BB+     100     -
(Issuer Not Cooperating)
Jay Bharat Metcast Pvt Ltd              Proposed LT Bk     CRISIL BB+     75.6    -
                                        Loan Fac
(Issuer Not Cooperating)
Jay Bharat Metcast Pvt Ltd              TL                 CRISIL BB+     150     -
(Issuer Not Cooperating)
JDP Agro Industries Pvt Ltd             CC                 CRISIL B       19.6    -
(Issuer Not Cooperating)
JDP Agro Industries Pvt Ltd             LT Loan            CRISIL B       32.2    -
(Issuer Not Cooperating)
Jennex Granite Industries Pvt Ltd       Secured Overdraft  CRISIL B+      50      -
                                        Fac
(Issuer Not Cooperating)
K K Welding Ltd                         CC                 CRISIL BB-     175     -
(Issuer Not Cooperating)
K K Welding Ltd                         Overdraft          CRISIL BB-     275     -
(Issuer Not Cooperating)
K K Welding Ltd                         Proposed WC Fac    CRISIL BB-     20      -
(Issuer Not Cooperating)
Kalinga Breeding Farms Pvt Ltd          CC                 CRISIL B+      20      -
(Issuer Not Cooperating)
Kalinga Breeding Farms Pvt Ltd          LT Loan            CRISIL B+      100     -
(Issuer Not Cooperating)
Kalinga Breeding Farms Pvt Ltd          Proposed LT Bk     CRISIL B+      10      -
                                        Loan Fac
(Issuer Not Cooperating)
Kamrup Packaging Udyog                  CC                 CRISIL B       29      -
(Issuer Not Cooperating)
Kamrup Packaging Udyog                  TL                 CRISIL B       66      -
(Issuer Not Cooperating)
Kapoor Preservations LLP                CC                 CRISIL B       12      -
(Issuer Not Cooperating)
Kapoor Preservations LLP                TL                 CRISIL B       40      -
(Issuer Not Cooperating)
Karnataka Rice Industries               CC                 CRISIL B+      50      -
(Issuer Not Cooperating)
KKB Projects Pvt Ltd                    CC                 CRISIL BBB-    130     Reaffirmed
Kodai Cars Pvt Ltd                      BG                 CRISIL D       20      -
(Issuer Not Cooperating)
Kodai Cars Pvt Ltd                      CC                 CRISIL D       100     -
(Issuer Not Cooperating)
Kottiyoor Metals Pvt Ltd                LT Loan            CRISIL B       100     -
(Issuer Not Cooperating)
Kousic and Co                           Proposed LT Bk     CRISIL B+      6       -
                                        Loan Fac
(Issuer Not Cooperating)
Krishna Cottex                          CC                 CRISIL B+      40      Reaffirmed
Krishna Cottex                          Proposed LT Bk     CRISIL B+      30      Reaffirmed
                                        Loan Fac
Lendingkart Finance Ltd                 Proposed LT Bk     CRISIL BBB+    2000    Assigned
                                        Loan Fac
M.S.Kaarthikeyan Garments               Proposed Rupee TL  CRISIL BB-     52.5    -
(ISSUER NOT COOPERATING)
Melody Healthcare Pvt Ltd               CC                 CRISIL BBB-    50      Reaffirmed
Melody Healthcare Pvt Ltd               Export Packing     CRISIL BBB-    30      Reaffirmed
                                        Credit
Melody Healthcare Pvt Ltd               Proposed LT Bk     CRISIL BBB-    4       Reaffirmed
                                        Loan Fac
Minda Furukawa Electric Pvt Ltd         Rating             -              -       -
(CRISIL is yet to receive adequate information)
MN Ramesh Engineers and Contractor      Overdraft          CRISIL BB      35      -
(Issuer Not Cooperating)
MN Ramesh Engineers and Contractor      Proposed Overdraft CRISIL BB      25      -
                                        Fac
(Issuer Not Cooperating)
MSK Creations Pvt Ltd                   Foreign Bill       CRISIL BB-     10      -
                                        Discounting
(Issuer Not Cooperating)
MSK Creations Pvt Ltd                   Proposed LT Bk     CRISIL BB-     5       -
                                        Loan Fac
(Issuer Not Cooperating)
Mughal Foundation Mall                  LT Loan            CRISIL D       80      -
(Issuer Not Cooperating)
Myrayash Hotels Pvt Ltd                 Proposed TL        CRISIL BB-     850     -
(Issuer Not Cooperating)
Myrayash Hotels Pvt Ltd                 TL                 CRISIL BB-     900     -
(Issuer Not Cooperating)
Narasimha Industries                    CC                 CRISIL BB-     120     -
(Issuer Not Cooperating)
Navanaami Projects Pvt Ltd              LT Loan            CRISIL B+      100     -
(Issuer Not Cooperating)
Nirman Estate Developers Pvt Ltd        CC                 CRISIL B+      80      -
(Issuer Not Cooperating)
Nirman Estate Developers Pvt Ltd        Proposed LT Bk     CRISIL B+      30      -
                                        Loan Fac
(Issuer Not Cooperating)
Osian Commotrade Pvt Ltd                CC                 CRISIL B       12      -
(Issuer Not Cooperating)
Osian Commotrade Pvt Ltd                Proposed CC Limit  CRISIL B       28      -
(Issuer Not Cooperating)
P G Industry Ltd                        CC                 CRISIL BB-     150     -
(Continues on Rating Watch with Developing Implications)
P G Industry Ltd                        Foreign LOC        CRISIL BB-     55      -
(Continues on Rating Watch with Developing Implications)
P G Industry Ltd                        Proposed LT Bk     CRISIL BB-     20      -
                                        Loan Fac
(Continues on Rating Watch with Developing Implications)
P. Ramu                                 Overdraft          CRISIL B+      60      -
(Issuer Not Cooperating)
P. Ramu                                 Proposed LT Bk     CRISIL B+      20      -
                                        Loan Fac
(Issuer Not Cooperating)
Prakash Industries - Junagadh           CC                 CRISIL B+      50      -
(ISSUER NOT COOPERATING)
Prakash Industries - Junagadh           Proposed LT Bk     CRISIL B+      0.6     -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Pratipa Cashews                         CC                 CRISIL BB      120     Reaffirmed
Pratipa Cashews                         Export Packing     CRISIL BB      50      Reaffirmed
                                        Credit
Pratipa Cashews                         TL                 CRISIL BB      7.2     Reaffirmed
Prestige Feed Mills Ltd                 CC                 CRISIL BBB     900     Reaffirmed
Prestige Feed Mills Ltd                 TL                 CRISIL BBB     80      Reaffirmed
Priceless Overseas Ltd                  CC                 CRISIL BB-     75.5    -
(Continues on Rating Watch with Developing Implications)
Priceless Overseas Ltd                  Foreign LOC        CRISIL BB-     49.5    -
(Continues on Rating Watch with Developing Implications)
ProTAC Foods International Pvt Ltd      CC                 CRISIL D       40      -
(Issuer Not Cooperating)
ProTAC Foods International Pvt Ltd      Proposed LT Bk     CRISIL D       25      -
                                        Loan Fac
(Issuer Not Cooperating)
ProTAC Foods International Pvt Ltd      TL                 CRISIL D       185     -
(Issuer Not Cooperating)
Pyoginam                                Foreign Bill       CRISIL BB      127     Reaffirmed
                                        Purchase
Pyoginam                                Packing Credit     CRISIL BB      93      Reaffirmed
Pyoginam                                Proposed LT Bk     CRISIL BB      24      Reaffirmed
                                        Loan Fac
Radhakrishna Oil Industries             CC                 CRISIL B+      72      -
(Migrated from CRISIL B+/Stable ISSUER NOT COOPERATING)
Raghuram Industries                     CC                 CRISIL B+      50      Reaffirmed
Raghuram Industries                     Proposed LT Bk     CRISIL B+      6       Reaffirmed
                                        Loan Fac
Sai Point Automobiles Pvt Ltd           CC                 CRISIL B       20      -
(Migrated from CRISIL B-/Stable ISSUER NOT COOPERATING)
Sai Point Automobiles Pvt Ltd           Inventory Funding  CRISIL B       415     -
                                        Fac
(Migrated from CRISIL B-/Stable ISSUER NOT COOPERATING)
Sai Point Automobiles Pvt Ltd           Proposed LT Bk     CRISIL B       25      -
                                        Loan Fac
(Migrated from CRISIL B-/Stable ISSUER NOT COOPERATING)
Sawansukha Jewellers Pvt Ltd            Gold Loan          CRISIL BBB     250     Reaffirmed
Shivalik Infraventures Pvt Ltd          Overdraft          CRISIL BB+     18      Reaffirmed
Shivalik Infraventures Pvt Ltd          Proposed LT Bk     CRISIL BB+     32      Reaffirmed
                                        Loan Fac
Singhania Buildcon Pvt Ltd              LT Loan            Withdrawn      500
(Issuer Not Cooperating)
Sparco Multiplast Pvt Ltd               CC                 CRISIL BB-     57.5    Reaffirmed
Sparco Multiplast Pvt Ltd               Export Packing     CRISIL BB-     15      Reaffirmed
                                        Credit
Sparco Multiplast Pvt Ltd               LT Loan            CRISIL BB-     45      Reaffirmed
Spice Digital Ltd                       Rating             -              -       -
(CRISIL is yet to receive adequate information)
Sukra Jewels                            CC                 CRISIL BB-     150     Reaffirmed
Summit Online Trade Solutions Pvt Ltd   Overdraft          CRISIL BB+     200     Assigned
Suyash Kraft and Papers Ltd             CC                 CRISIL BB+     64      Upgraded from
                                                                                  CRISIL
                                                                                  BB/Stable
Suyash Kraft and Papers Ltd             LT Loan            CRISIL BB+     15.5    Upgraded from
                                                                                  CRISIL
                                                                                  BB/Stable
Taj Agro Industries LLP                 CC                 -              100     Withdrawn
Tata Capital Ltd                        CC & WC demand loanCRISIL AAA     150     Reaffirmed
Tata Capital Ltd                        Proposed LT Bk     CRISIL AAA     100     Reaffirmed
                                        Loan Fac
Tata Capital Ltd                        PS                 CRISIL AAA     400     Assigned
Tata Capital Ltd                        PS                 CRISIL AAA     26100   Reaffirmed
Tata Capital Ltd                        NCDs               CRISIL AAA     25000   Reaffirmed
Techfab India Industries Ltd            CC                 CRISIL BBB+    200     Reaffirmed
Techfab India Industries Ltd            LT Bk Fac          CRISIL BBB+    100     Reaffirmed
The Travancore Mats & Matting Co        Export Packing     CRISIL BBB-    95      -
                                        Credit
(ISSUER NOT COOPERATING)
The Travancore Mats & Matting Co        Proposed LT Bk     CRISIL BBB-    130     -
                                        Loan Fac
(ISSUER NOT COOPERATING)
Toshbro Medicals Pvt Ltd                CC                 CRISIL B+      65      Reaffirmed
Uflex Ltd                               WC Fac             CRISIL A       7750    Assigned
Uflex Ltd                               Proposed FB Bk     CRISIL A       4770    Assigned
                                        Limits
Uflex Ltd                               LT Loan            CRISIL A       9230    Assigned
Venkata Lakshmi Narasimha Rice          TL                 CRISIL BB-     25      Reassigned
Industries
Vijai Construction India Pvt Ltd        CC                 CRISIL BBB     80      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)
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