November 5, 2019 / 9:39 AM / 16 days ago

CRISIL ratings for Indian debt instruments-Nov 5

   Nov 5 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India
(CRISIL) for local debt instruments as of November 4, 2019.


COMPANY                                INSTRUMENT          RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                 ----------          ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Balasaheb R Bhadane                     BG                 CRISIL A3      110     -
Upgraded from CRISIL A4+
Biloree Cast India Pvt Ltd              BG                 CRISIL A4+     8.4     Reaffirmed
(Issuer Not Cooperating)
Chaudhary Builders                      BG                 CRISIL A4      25      Reaffirmed
(Issuer Not Cooperating)
Crescon Projects And Services Pvt Ltd   BG                 CRISIL A3      280     Reaffirmed
Davey Pharma And Surgicals              BG                 CRISIL A4+     55      Reaffirmed
(Issuer Not Cooperating)
Durga Construction                      BG                 CRISIL A4      75      Reaffirmed
(Issuer Not Cooperating)
Frontline Exports Pvt Ltd               Packing Credit     CRISIL A4+     50      Reaffirmed
(Issuer Not Cooperating)
Global Heavy Engineering industries -   BG                 CRISIL A4      12.5    Reaffirmed
Bhopal
(Issuer Not Cooperating)
GS Developers and Contractors Pvt Ltd   BG                 CRISIL A4      150     Reaffirmed
(Issuer Not Cooperating)
Harish Chemicals Pvt Ltd                BG                 CRISIL A4+     100     Reaffirmed
(Issuer Not Cooperating)
Ingersoll Rand India Ltd                LOC & BG           CRISIL A1+     870     Reaffirmed
Ingersoll Rand India Ltd                Proposed NFBL      CRISIL A1+     110     Reaffirmed
Jampeswar Agro Udyog Pvt Ltd            LOC                CRISIL A4+     2.7     Reaffirmed
(Issuer Not Cooperating)
Kiran Energy Solar Power Pvt Ltd        Standby LOC        CRISIL A1      250     Reaffirmed
Klaus Multiparking Systems Pvt Ltd      BG                 CRISIL A3+     150     Reaffirmed
Klaus Multiparking Systems Pvt Ltd      LOC                CRISIL A3+     50      Reaffirmed
Koganti Leathers Pvt Ltd                Proposed LOC       CRISIL A4      70      Reaffirmed
(Issuer Not Cooperating)
KPC Flexi Tubes Pvt Ltd                 LOC                CRISIL A4+     40      Reaffirmed
(Issuer Not Cooperating)
KPC Flexi Tubes Pvt Ltd                 Packing Credit     CRISIL A4+     66      Reaffirmed
(Issuer Not Cooperating)
Krishna Motors - Darbhanga              BG                 CRISIL A4+     5       Reaffirmed
(Issuer Not Cooperating)
M. C. Construction Co.                  BG                 CRISIL A4+     55      Reaffirmed
(Issuer Not Cooperating)
Maa Jharboni Himghar Pvt Ltd            BG                 CRISIL A4      1.8     Reaffirmed
(Issuer Not Cooperating)
Maa Usha Rice Mill                      BG                 CRISIL A4      1.2     Reaffirmed
(Issuer Not Cooperating)
Malhar Fashions India Pvt Ltd           LOC                CRISIL A4      5       Reaffirmed
(Issuer Not Cooperating)
Masta Bearing Housing Pvt Ltd           LOC                CRISIL A4+     16      Reaffirmed
(Issuer Not Cooperating)
Mateswari Minerals                      BG                 CRISIL A4      63.3    Reaffirmed
(Issuer Not Cooperating)
Mateswari Minerals                      Proposed BG        CRISIL A4      6.7     Reaffirmed
(Issuer Not Cooperating)
Mineral Oil Corporation                 LOC                CRISIL A4+     70      Reaffirmed
(Issuer Not Cooperating)
MRGR Constructions                      BG                 CRISIL A4+     150     Reaffirmed
(Issuer Not Cooperating)
Myriad Infrastructure Pvt Ltd           BG                 CRISIL A4      10      Reaffirmed
(Issuer Not Cooperating)
Myriad Infrastructure Pvt Ltd           Proposed BG        CRISIL A4      20      Reaffirmed
(Issuer Not Cooperating)
Nilshikhaa Projects Ltd                 BG                 CRISIL A3      600     Reaffirmed
Pintu Engineering Construction Pvt Ltd  Proposed BG        CRISIL A4+     20      Reaffirmed
(Issuer Not Cooperating)
Prathista Industries Ltd                LOC                CRISIL A3+     10      -
Upgraded from CRISIL A3
Pyro Telecom Solutions Pvt Ltd          BG                 CRISIL A4+     15      Reaffirmed
(Issuer Not Cooperating)
R Gangaiah & Co                         BG                 CRISIL A4+     93.2    Reaffirmed
(Issuer Not Cooperating)
R Gangaiah & Co                         Overdraft          CRISIL A4+     1       Reaffirmed
(Issuer Not Cooperating)
Rangpur Tea Association Ltd             BG                 CRISIL A4      4       Reaffirmed
(Issuer Not Cooperating)
Ranjit Kumar Dandapat (C.S. Bottling    BG                 CRISIL A4      1       Reaffirmed
Plant Cum Ware House)
(Issuer Not Cooperating)
Rishabh Diamond Pvt Ltd                 Foreign Bill       CRISIL A4      240     Reaffirmed
                                        Purchase
(Issuer Not Cooperating)
RSPL Ltd                                LOC & BG           CRISIL A1+     3000    Reaffirmed
RSPL Ltd                                CP Programme       CRISIL A1+     4000    Reaffirmed
S. B. Deshmukh                          BG                 CRISIL A3      150     Reaffirmed
Scenario Powertech Pvt Ltd              BG                 CRISIL A4      20      Reaffirmed
(Issuer Not Cooperating)
Shiva Engineering Works                 BG                 CRISIL A4+     40      Reaffirmed
(Issuer Not Cooperating)

Shiva Engineering Works                 LOC                CRISIL A4+     20      Reaffirmed
(Issuer Not Cooperating)
Svatantra Micro Housing Finance         ST Debt Issue      CRISIL A1+     1000    -
Corporation Ltd
Tata Motors Finance Ltd                 ST Rating          CRISIL A1+     -       -
Tata Motors Finance Ltd                 CP                 CRISIL A1+     70000   -
Tej Shoe Tech                           Export Packing     CRISIL A4+     137     Reaffirmed
                                        Credit & Export
                                        Bills Negotiation/Foreign Bill discounting
(Issuer Not Cooperating)
Tej Shoe Tech                           LOC & BG           CRISIL A4+     37.5    Reaffirmed
(Issuer Not Cooperating)
Toshniwal Industries Pvt Ltd            BG                 CRISIL A4+     80      Reaffirmed
(Issuer Not Cooperating)
Transport Corporation of India Ltd      BG                 CRISIL A1+     220     Reaffirmed
V-Guard Industries Ltd                  CP                 CRISIL A1+     1500    Reaffirmed


LONG TERM RATINGS:
-------------------
A. K. Ahamed Modern Rice Mill           CC                 CRISIL B+      120     Reaffirmed
(Issuer Not Cooperating)
Accrete Electromech Pvt Ltd             CC                 CRISIL BB      17.5    Reaffirmed
Accrete Electromech Pvt Ltd             Proposed WC Fac    CRISIL BB      5       Reaffirmed
Accrete Electromech Pvt Ltd             TL                 CRISIL BB      105     Reaffirmed
Aditya Automotive                       CC                 CRISIL BB-     45      Reaffirmed
(Issuer Not Cooperating)
Aditya Automotive                       Channel Financing  CRISIL BB-     25      Reaffirmed
(Issuer Not Cooperating)
Adora Products Pvt Ltd                  CC                 CRISIL BB      55      Reaffirmed
(Issuer Not Cooperating)
Adora Products Pvt Ltd                  LT Loan            CRISIL BB      82.5    Reaffirmed
(Issuer Not Cooperating)
Adora Products Pvt Ltd                  Proposed WC Fac    CRISIL BB      12.5    Reaffirmed
(Issuer Not Cooperating)
Anahita Hospitality LLP                 Proposed LT Bk     CRISIL B       1.2     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Anahita Hospitality LLP                 TL                 CRISIL B       464.8   Reaffirmed
(Issuer Not Cooperating)
Annur A P A Spinners Pvt Ltd            LT Loan            CRISIL D       86      Reaffirmed
(Issuer Not Cooperating)
APL Metals Ltd                          Bill Discounting   CRISIL B       300     Reaffirmed
(Issuer Not Cooperating)
APL Metals Ltd                          CC                 CRISIL B       570     Reaffirmed
(Issuer Not Cooperating)
Atharv Technologies                     CC                 CRISIL BB      20      Reaffirmed
(Issuer Not Cooperating)
Atharv Technologies                     TL                 CRISIL BB      40      Reaffirmed
(Issuer Not Cooperating)
Bajrang Automobiles Pvt Ltd             CC                 CRISIL BB-     40      Reaffirmed
(Issuer Not Cooperating)
Bajrang Automobiles Pvt Ltd             Channel Financing  CRISIL BB-     75      Reaffirmed
(Issuer Not Cooperating)
Bajrang Automobiles Pvt Ltd             Drop Line          CRISIL BB-     14      Reaffirmed
                                        Overdraft Fac
(Issuer Not Cooperating)
Balajee Hitec Rolling Pvt Ltd           CC                 CRISIL B       77.5    Reaffirmed
(Issuer Not Cooperating)
Balajee Hitec Rolling Pvt Ltd           Proposed FB Bk     CRISIL B       89.9    Reaffirmed
                                        Limits
(Issuer Not Cooperating)
Balaji Enterprises (Pondy) Pvt Ltd      CC                 CRISIL BB-     150     -
(Issuer Not Cooperating), Migrated from CRISIL BB/Negative
Balaji Enterprises (Pondy) Pvt Ltd      LT Loan            CRISIL BB-     5       -
(Issuer Not Cooperating), Migrated from CRISIL BB/Negative
Balasaheb R Bhadane                     CC                 CRISIL BBB-    90      -
Upgraded from CRISIL BB+/Stable
Biloree Cast India Pvt Ltd              CC                 CRISIL BB-     70      Reaffirmed
(Issuer Not Cooperating)
Biloree Cast India Pvt Ltd              TL                 CRISIL BB-     36.6    Reaffirmed
(Issuer Not Cooperating)
BMR Gold and Diamonds                   Open CC            CRISIL B+      60      Reaffirmed
(Issuer Not Cooperating)
BMR Gold and Diamonds                   Proposed CC Limit  CRISIL B+      50      Reaffirmed
(Issuer Not Cooperating)
BRB Buildcon Pvt Ltd                    Proposed TL        CRISIL BBB-    400     Assigned
C. R. Jewellery                         CC                 CRISIL B       120     Reaffirmed
(Issuer Not Cooperating)
Champion Om Dev Construction Ltd        CC                 CRISIL B+      137.5   Reaffirmed
(Issuer Not Cooperating)
Chaudhary Builders                      CC                 CRISIL B+      70      Reaffirmed
(Issuer Not Cooperating)
Chheda Specialities Foods Pvt Ltd       CC                 CRISIL BB+     60      Reaffirmed
(Issuer Not Cooperating)
Chheda Specialities Foods Pvt Ltd       Proposed CC Limit  CRISIL BB+     100     Reaffirmed
(Issuer Not Cooperating)
Chheda Specialities Foods Pvt Ltd       Proposed TL        CRISIL BB+     40      Reaffirmed
(Issuer Not Cooperating)
Chheda Specialities Foods Pvt Ltd       TL                 CRISIL BB+     140     Reaffirmed
(Issuer Not Cooperating)
Ckompax Metatech Pvt Ltd                CC                 CRISIL D       200     Reaffirmed
(Issuer Not Cooperating)
Ckompax Metatech Pvt Ltd                Proposed WC Fac    CRISIL D       300     Reaffirmed
(Issuer Not Cooperating)
Classic Industries                      CC                 CRISIL B+      17.5    Reaffirmed
(Issuer Not Cooperating)
Classic Industries                      Proposed CC Limit  CRISIL B+      22.5    Reaffirmed
(Issuer Not Cooperating)
Classic Industries                      TL                 CRISIL B+      80      Reaffirmed
(Issuer Not Cooperating)
Crescon Projects And Services Pvt Ltd   CC                 CRISIL BBB-    20      Reaffirmed
D. D. Industries Ltd                    CC                 CRISIL BB      300     Reaffirmed
(Issuer Not Cooperating)
D. D. Industries Ltd                    TL                 CRISIL BB      200     Reaffirmed
(Issuer Not Cooperating)
Davey Pharma And Surgicals              CC                 CRISIL BB+     15      Reaffirmed
(Issuer Not Cooperating)
Deshmukh Bhadane And JV                 Proposed BG        -              150     Withdrawn
Deshmukh Bhadane And JV                 Proposed TL        -              750     Withdrawn
Diveel Cotton Industries                CC                 CRISIL BB-     70      Reaffirmed
(Issuer Not Cooperating)
Exult Logistics Pvt Ltd                 CC                 CRISIL BB      84      -
(Issuer Not Cooperating), Migrated from CRISIL BB+/Negative
Exult Logistics Pvt Ltd                 Proposed FB Bk     CRISIL BB      176     -
                                        Limits
(Issuer Not Cooperating), Migrated from CRISIL BB+/Negative
Finecure Pharmaceuticals Ltd            CC                 CRISIL BBB     150     Reaffirmed
Finecure Pharmaceuticals Ltd            LT Loan            CRISIL BBB     250     Reaffirmed
Frontline Exports Pvt Ltd               Foreign Bill       CRISIL BB      20      Reaffirmed
                                        Discounting
(Issuer Not Cooperating)
Frontline Exports Pvt Ltd               Proposed LT Bk     CRISIL BB      10      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Frontline Exports Pvt Ltd               TL                 CRISIL BB      20      Reaffirmed
(Issuer Not Cooperating)
G.A.V. Agro Pvt Ltd                     CC                 CRISIL D       80      Reaffirmed
(Issuer Not Cooperating)
G.A.V. Agro Pvt Ltd                     LT Loan            CRISIL D       100     Reaffirmed
(Issuer Not Cooperating)
Global Heavy Engineering industries -   CC                 CRISIL B       65      Reaffirmed
Bhopal
(Issuer Not Cooperating)
Global Heavy Engineering industries -   Proposed LT Bk     CRISIL B       38.2    Reaffirmed
Bhopal                                  Loan Fac
(Issuer Not Cooperating)
Global Heavy Engineering industries -   TL                 CRISIL B       14.3    Reaffirmed
Bhopal
(Issuer Not Cooperating)
Global Overseas                         Export Packing     CRISIL BB      100     Reaffirmed
                                        Credit
(Issuer Not Cooperating)
Global Overseas                         Foreign Bill       CRISIL BB      30      Reaffirmed
                                        Purchase
(Issuer Not Cooperating)
Globe Mobility Pvt Ltd                  CC                 CRISIL B+      65      Reaffirmed
(Issuer Not Cooperating)
Globus Logisys Pvt Ltd                  CC                 CRISIL BB-     20      Reaffirmed
(Issuer Not Cooperating)
Globus Logisys Pvt Ltd                  Proposed LT Bk     CRISIL BB-     65      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Globus Logisys Pvt Ltd                  WC TL              CRISIL BB-     15      Reaffirmed
(Issuer Not Cooperating)
Goel Solvents                           CC                 CRISIL B+      40      Reaffirmed
(Issuer Not Cooperating)
Goel Solvents                           Proposed LT Bk     CRISIL B+      40      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Goel Solvents                           TL                 CRISIL B+      20      Reaffirmed
(Issuer Not Cooperating)
Goldendunes Heights LLP                 Proposed TL        CRISIL BB-     300     Reaffirmed
(Issuer Not Cooperating)
Grace Micron LLP                        BG                 CRISIL D       7.5     Reaffirmed
(Issuer Not Cooperating)
Grace Micron LLP                        CC                 CRISIL D       20      Reaffirmed
(Issuer Not Cooperating)
Grace Micron LLP                        LT Loan            CRISIL D       67.5    Reaffirmed
(Issuer Not Cooperating)
Green Power Sugars Ltd                  TL                 CRISIL D       1050    Reaffirmed
(Issuer Not Cooperating)
GS Developers and Contractors Pvt Ltd   CC/ Overdraft Fac  CRISIL B+      55      Reaffirmed
(Issuer Not Cooperating)
Gvt Infra                               LT Loan            CRISIL B       100     Reaffirmed
(Issuer Not Cooperating)
Hansini Developers                      LT Loan            CRISIL B+      50      Reaffirmed
(Issuer Not Cooperating)
Hanumant Construction Pvt Ltd           BG                 CRISIL D       140     -
Downgraded from CRISIL B-/Stable
Hanumant Construction Pvt Ltd           CC                 CRISIL D       190     -
Downgraded from CRISIL B-/Stable
Hillcrest Foods                         CC                 CRISIL D       150     Reaffirmed
(Issuer Not Cooperating)
Hinduja Renewables Energy Pvt Ltd       TL                 CRISIL A+      1290    -
Upgraded from CRISIL A/Stable
Hinduja Renewables Pvt Ltd              TL                 CRISIL A+      208.2   -
Upgraded from CRISIL A/Stable
Ingersoll Rand India Ltd                CC                 CRISIL AA+     20      Reaffirmed
Continues on Rating Watch with Developing Implications
Jagdish Agri Export Pvt Ltd             TL                 CRISIL BB-     30      Assigned
Jagdish Agri Export Pvt Ltd             CC                 CRISIL BB-     18.5    Assigned
Jagdish Agri Export Pvt Ltd             Proposed LT Bk     CRISIL BB-     31.5    Assigned
                                        Loan Fac
Jamals                                  LT Loan            CRISIL BB-     32      Reaffirmed
(Issuer Not Cooperating)
Jamals                                  Proposed TL        CRISIL BB-     68      Reaffirmed
(Issuer Not Cooperating)
Jampeswar Agro Udyog Pvt Ltd            CC                 CRISIL BB-     45      Reaffirmed
(Issuer Not Cooperating)
Jampeswar Agro Udyog Pvt Ltd            Proposed LT Bk     CRISIL BB-     64.8    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Jampeswar Agro Udyog Pvt Ltd            TL                 CRISIL BB-     0.5     Reaffirmed
(Issuer Not Cooperating)
Jamshedpur Minerals & Chemicals         CC                 CRISIL BB-     50      Reaffirmed
(Issuer Not Cooperating)
Jamshedpur Minerals & Chemicals         Foreign LOC        CRISIL BB-     50      Reaffirmed
(Issuer Not Cooperating)
Jamshedpur Minerals & Chemicals         TL                 CRISIL BB-     10      Reaffirmed
(Issuer Not Cooperating)
K. P. M. Trading Company                CC                 CRISIL B       70      Reaffirmed
(Issuer Not Cooperating)
Kausalya Agencies                       Channel Financing  CRISIL BB+     149     Reaffirmed
(Issuer Not Cooperating)
Kiran Energy Solar Power Pvt Ltd        TL                 CRISIL A+      192.6   -
Upgraded from CRISIL A/Stable
Kiran Renewables Pvt Ltd                TL                 CRISIL A+      230     -
Upgraded from CRISIL A/Stable
Kiran Solar One Pvt Ltd                 TL                 CRISIL A+      500     -
Upgraded from CRISIL A/Stable
Kiran Suryaprakash India Pvt Ltd        TL                 CRISIL A+      299.6   -
Upgraded from CRISIL A/Stable
Kisan Shakti Krushi Udyog Pvt Ltd       Warehouse Receipts CRISIL B+      215     Reaffirmed
Klaus Multiparking Systems Pvt Ltd      CC*                CRISIL BBB     150     Reaffirmed
*Has following sub limits: Working capital demand loan - Rs 12 crore, Pre/Post 
shipment finance - Rs 5 crore, Letter of credit/ bank guarantee 
- Rs 15 crore and SBLC - Rs 15 crore. 
Klaus Multiparking Systems Pvt Ltd      WC Fac             CRISIL BBB     50      Assigned
Koganti Leathers Pvt Ltd                Proposed CC Limit  CRISIL B+      30      Reaffirmed
(Issuer Not Cooperating)
KPC Flexi Tubes Pvt Ltd                 CC                 CRISIL BB-     20      Reaffirmed
(Issuer Not Cooperating)
KPC Flexi Tubes Pvt Ltd                 TL                 CRISIL BB-     4       Reaffirmed
(Issuer Not Cooperating)
Krishna Motors - Darbhanga              CC                 CRISIL BB      24      Reaffirmed
(Issuer Not Cooperating)
Krishna Motors - Darbhanga              Electronic Dealer  CRISIL BB      46      Reaffirmed
                                        Financing
                                        Scheme(e-DFS)
(Issuer Not Cooperating)
Kumar Agro Com                          CC                 CRISIL BB+     60      Reaffirmed
(Issuer Not Cooperating)
Kumar Agro Com                          Proposed WC Fac    CRISIL BB+     35      Reaffirmed
(Issuer Not Cooperating)
Lohchab Motor Company Pvt Ltd           CC                 CRISIL BB-     70      Reaffirmed
(Issuer Not Cooperating)
Lohchab Motor Company Pvt Ltd           Inventory Funding  CRISIL BB-     96      Reaffirmed
                                        Fac
(Issuer Not Cooperating)
Lohchab Motor Company Pvt Ltd           Proposed CC Limit  CRISIL BB-     4       Reaffirmed
(Issuer Not Cooperating)
Lohchab Motor Company Pvt Ltd           Rupee TL           CRISIL BB-     8       Reaffirmed
(Issuer Not Cooperating)
M. C. Construction Co.                  CC                 CRISIL BB      5       Reaffirmed
(Issuer Not Cooperating)
M. C. Construction Co.                  Proposed LT Bk     CRISIL BB      40      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Maa Jharboni Himghar Pvt Ltd            Proposed CC Limit  CRISIL B       30.9    Reaffirmed
(Issuer Not Cooperating)
Maa Jharboni Himghar Pvt Ltd            Proposed LT Bk     CRISIL B       80.3    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Maa Jharboni Himghar Pvt Ltd            Proposed WC Fac    CRISIL B       7       Reaffirmed
(Issuer Not Cooperating)
Maa Usha Rice Mill                      CC                 CRISIL B       25      Reaffirmed
(Issuer Not Cooperating)
Maa Usha Rice Mill                      Proposed LT Bk     CRISIL B       2.8     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Maa Usha Rice Mill                      TL                 CRISIL B       26.8    Reaffirmed
(Issuer Not Cooperating)
Malhar Fashions India Pvt Ltd           Export Packing     CRISIL B+      37      Reaffirmed
                                        Credit
(Issuer Not Cooperating)
Malhar Fashions India Pvt Ltd           Foreign Bill       CRISIL B+      27      Reaffirmed
                                        Purchase
(Issuer Not Cooperating)
Malhar Fashions India Pvt Ltd           Proposed LT Bk     CRISIL B+      21      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Maruti Nandan Oils Pvt Ltd              CC                 CRISIL B-      75      Reaffirmed
Maruti Nandan Oils Pvt Ltd              Proposed LT Bk     CRISIL B-      24      Reaffirmed
                                        Loan Fac
Maruti Nandan Oils Pvt Ltd              Warehouse FinancingCRISIL B-      101     Reaffirmed
Masta Bearing Housing Pvt Ltd           CC                 CRISIL BB      80      Reaffirmed
(Issuer Not Cooperating)
Masta Bearing Housing Pvt Ltd           Proposed LT Bk     CRISIL BB      20.4    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Mehta and Sons                          CC                 CRISIL BB      95      Reaffirmed
Mineral Oil Corporation                 CC                 CRISIL BB+     10      Reaffirmed
(Issuer Not Cooperating)
Mineral Oil Corporation                 Proposed LT Bk     CRISIL BB+     3       Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
MRGR Constructions                      CC                 CRISIL BB-     50      Reaffirmed
(Issuer Not Cooperating)
MSV Laboratories Pvt Ltd                BG                 CRISIL D       2       Reaffirmed
(Issuer Not Cooperating)
MSV Laboratories Pvt Ltd                CC                 CRISIL D       15.2    Reaffirmed
(Issuer Not Cooperating)
MSV Laboratories Pvt Ltd                LT Loan            CRISIL D       95.3    Reaffirmed
(Issuer Not Cooperating)
MSV Laboratories Pvt Ltd                Proposed LT Bk     CRISIL D       47.5    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Myriad Infrastructure Pvt Ltd           CC                 CRISIL B       25      Reaffirmed
(Issuer Not Cooperating)
Narmada Cereal Pvt Ltd                  CC                 CRISIL D       520     Reaffirmed
(Issuer Not Cooperating)
Narmada Cereal Pvt Ltd                  Pre Shipment CreditCRISIL D       38      Reaffirmed
(Issuer Not Cooperating)
Narmada Cereal Pvt Ltd                  Rupee TL           CRISIL D       42      Reaffirmed
(Issuer Not Cooperating)
National Industries - Faridkot          CC                 CRISIL B+      60      Reaffirmed
(Issuer Not Cooperating)
National Industries - Faridkot          TL                 CRISIL B+      8       Reaffirmed
(Issuer Not Cooperating)
Natural Products Export Corporation Ltd Export Packing     CRISIL C       115     Reaffirmed
                                        Credit
(Issuer Not Cooperating)
Nilshikhaa Projects Ltd                 CC                 CRISIL BBB-    190     Reaffirmed
Om Esha Agro Products Pvt Ltd           CC                 CRISIL D       90.3    Reaffirmed
(Issuer Not Cooperating)
Om Esha Agro Products Pvt Ltd           LT Loan            CRISIL D       109.7   Reaffirmed
(Issuer Not Cooperating)
Orchid Cure and Care Pvt Ltd            Proposed LT Bk     CRISIL B+      48      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Orchid Cure and Care Pvt Ltd            TL                 CRISIL B+      57      Reaffirmed
(Issuer Not Cooperating)
Pashupati Traders                       CC                 CRISIL B+      50      Reaffirmed
(Issuer Not Cooperating)
Periyasamy Industriess                  Secured Overdraft  CRISIL BB-     50      Assigned
                                        Fac
Periyasamy Industriess                  LT Loan            CRISIL BB-     80      Assigned
Periyasamy Industriess                  Proposed WC Fac    CRISIL BB-     20      Assigned
Pintu Engineering Construction Pvt Ltd  Proposed CC Limit  CRISIL BB-     80      Reaffirmed
(Issuer Not Cooperating)
Power Max India Pvt Ltd                 BG                 CRISIL D       231.5   Reaffirmed
(Issuer Not Cooperating)
Power Max India Pvt Ltd                 CC                 CRISIL D       200     Reaffirmed
(Issuer Not Cooperating)
Power Max India Pvt Ltd                 LOC                CRISIL D       50      Reaffirmed
(Issuer Not Cooperating)
Prathista Industries Ltd                CC                 CRISIL BBB     310     -
Upgraded from CRISIL BBB-/Stable
Prathista Industries Ltd                Foreign LOC        CRISIL BBB     50      -
Upgraded from CRISIL BBB-/Stable
Prathista Industries Ltd                Proposed LT Bk     CRISIL BBB     6       -
                                        Loan Fac
Upgraded from CRISIL BBB-/Stable
Prathista Industries Ltd                TL                 CRISIL BBB     144     Assigned
Upgraded from CRISIL BBB-/Stable
Pyro Telecom Solutions Pvt Ltd          Bill Discounting   CRISIL BB-     20      Reaffirmed
(Issuer Not Cooperating)
Pyro Telecom Solutions Pvt Ltd          CC                 CRISIL BB-     70      Reaffirmed
(Issuer Not Cooperating)
Pyro Telecom Solutions Pvt Ltd          Drop Line          CRISIL BB-     4       Reaffirmed
                                        Overdraft Fac
(Issuer Not Cooperating)
Quadsel Systems Pvt Ltd                 CC                 CRISIL D       60      Reaffirmed
(Issuer Not Cooperating)
Quadsel Systems Pvt Ltd                 LT Loan            CRISIL D       20      Reaffirmed
(Issuer Not Cooperating)
R Gangaiah & Co                         Proposed LT Bk     CRISIL BB-     8.8     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
R Gangaiah & Co                         Secured Overdraft  CRISIL BB-     64.5    Reaffirmed
                                        Fac
(Issuer Not Cooperating)
R. Kantilal and Company                 Post Shipment      CRISIL D       1119.4  Reaffirmed
                                        Credit
(Issuer Not Cooperating)
R. Kantilal and Company                 Pre Shipment Fac   CRISIL D       480.6   Reaffirmed
(Issuer Not Cooperating)
R. Kantilal and Company                 Proposed LT Bk     CRISIL D       200     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Raajhans Solar Pvt Ltd                  Proposed LT Bk     CRISIL A+      52      Upgraded from
                                        Loan Fac                                  CRISIL
                                                                                  A/Stable
Raajhans Solar Pvt Ltd                  TL                 CRISIL A+      358     Assigned
RAC Papers Ltd                          CC                 CRISIL BB-     110     Reaffirmed
(Issuer Not Cooperating)
RAC Papers Ltd                          Rupee TL           CRISIL BB-     15      Reaffirmed
(Issuer Not Cooperating)
Raja Industries - Khanna                CC                 CRISIL BB-     65      Reaffirmed
(Issuer Not Cooperating)
Rangpur Tea Association Ltd             CC                 CRISIL B-      50      Reaffirmed
(Issuer Not Cooperating)
Rangpur Tea Association Ltd             Proposed LT Bk     CRISIL B-      0.5     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Rangpur Tea Association Ltd             TL                 CRISIL B-      95.5    Reaffirmed
(Issuer Not Cooperating)
Ranjit Kumar Dandapat (C.S. Bottling    CC                 CRISIL B+      26.9    Reaffirmed
Plant Cum Ware House)
(Issuer Not Cooperating)
Ranjit Kumar Dandapat (C.S. Bottling    TL                 CRISIL B+      25.6    Reaffirmed
Plant Cum Ware House)
(Issuer Not Cooperating)
RSPL Ltd                                CC                 CRISIL AA-     2890    Reaffirmed
Outlook revised from Positive and rating reaffirmed
RSPL Ltd                                LT Loan            CRISIL AA-     20079.3 Reaffirmed
Outlook revised from Positive and rating reaffirmed
RSPL Ltd                                Proposed FB Bk     CRISIL AA-     380.7   Reaffirmed
                                        Limits
Outlook revised from Positive and rating reaffirmed
RSPL Ltd                                Proposed WC Fac    CRISIL AA-     190     Reaffirmed
Outlook revised from Positive and rating reaffirmed
RSPL Ltd                                NCD                CRISIL         1000    -
                                                           AA-/Stable
RSPL Ltd                                NCD                CRISIL         2000    -
                                                           AA-/Stable
S. B. Deshmukh                          CC                 CRISIL BBB-    40      Reaffirmed
S. B. Deshmukh                          LT Loan            CRISIL BBB-    10      Reaffirmed
S.B. Deshmukh Infra Pvt Ltd             Proposed TL        CRISIL BBB-    400     Assigned
Safilo Healthcare                       Secured Overdraft  CRISIL BB-     35      Reaffirmed
                                        Fac
(Issuer Not Cooperating)
Safilo Healthcare                       TL                 CRISIL BB-     35      Reaffirmed
(Issuer Not Cooperating)
Sahu Agencies Pvt Ltd                   CC                 CRISIL BB+     400     Reaffirmed
(Issuer Not Cooperating)
Saintlife Pharmaceuticals Ltd           CC                 CRISIL B       10      Reaffirmed
(Issuer Not Cooperating)
Saintlife Pharmaceuticals Ltd           Proposed LT Bk     CRISIL B       26.5    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Saintlife Pharmaceuticals Ltd           TL                 CRISIL B       63.5    Reaffirmed
(Issuer Not Cooperating)
Scenario Powertech Pvt Ltd              CC                 CRISIL B       15      Reaffirmed
(Issuer Not Cooperating)
Scenario Powertech Pvt Ltd              TL                 CRISIL B       30      Reaffirmed
(Issuer Not Cooperating)
Shiva Engineering Works                 CC                 CRISIL BB      25      Reaffirmed
(Issuer Not Cooperating)
Shiva Engineering Works                 Proposed LT Bk     CRISIL BB      17      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Solarfield Energy Pvt Ltd               Proposed LT Bk     CRISIL A+      27.5    -
                                        Loan Fac
Upgraded from CRISIL A/Stable
Solarfield Energy Pvt Ltd               TL                 CRISIL A+      1290    -
Upgraded from CRISIL A/Stable
Solarfield Energy Two Pvt Ltd           TL                 CRISIL A+      193.5   -
Upgraded from CRISIL A/Stable
Sri Bhagavan Venkaiah Swamy Rice Mill   CC                 CRISIL BB      220     Reaffirmed
(Issuer Not Cooperating)
Sri Bhagavan Venkaiah Swamy Rice Mill   TL                 CRISIL BB      10      Reaffirmed
(Issuer Not Cooperating)
Sri Durga Maruthi Automotives Pvt Ltd   CC                 CRISIL BB-     40      Reaffirmed
(Issuer Not Cooperating)
Sri Durga Maruthi Automotives Pvt Ltd   Electronic Dealer  CRISIL BB-     103.5   Reaffirmed
                                        Financing
                                        Scheme(e-DFS)
(Issuer Not Cooperating)
Sri Durga Maruthi Automotives Pvt Ltd   TL                 CRISIL BB-     17.5    Reaffirmed
(Issuer Not Cooperating)
Sri Durga Maruthi Automotives Pvt Ltd   WC Demand Loan     CRISIL BB-     2.4     Reaffirmed
(Issuer Not Cooperating)
Suryateja Power Projects Pvt Ltd        CC                 CRISIL B+      45      Reaffirmed
(Issuer Not Cooperating)
Suryateja Power Projects Pvt Ltd        Proposed LT Bk     CRISIL B+      10      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Svatantra Micro Housing Finance         Proposed LT Bk     CRISIL A+      5015.2  Reaffirmed
Corporation Ltd                         Loan Fac
Svatantra Micro Housing Finance         TL                 CRISIL A+      484.8   Assigned
Corporation Ltd
Svatantra Micro Housing Finance         NCD                CRISIL         531     -
Corporation Ltd                                            A+/Stable
Tata Motors Finance Ltd                 Perpetual Bonds    CRISIL         4150    -
                                                           A/Negative
Tata Motors Finance Ltd                 LT Rating          CRISIL         -       -
                                                           AA-/Negative
Tata Motors Finance Ltd                 NCDs               CRISIL         56050   -
                                                           AA-/Negative
Tata Motors Finance Ltd                 Subordinated Debt  CRISIL         14000   -
                                        Programme          AA-/Negative
Tej Shoe Tech                           Proposed LT Bk     CRISIL BB+     24.2    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Toshniwal Industries Pvt Ltd            CC                 CRISIL BB-     120     Reaffirmed
(Issuer Not Cooperating)
Toshniwal Industries Pvt Ltd            Proposed LT Bk     CRISIL BB-     12.5    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Toshniwal Industries Pvt Ltd            TL                 CRISIL BB-     7.5     Reaffirmed
(Issuer Not Cooperating)
Transport Corporation of India Ltd      BG                 CRISIL AA      150     -
Upgraded from CRISIL AA-/Positive
Transport Corporation of India Ltd      CC                 CRISIL AA      2800    -
Upgraded from CRISIL AA-/Positive
Transport Corporation of India Ltd      Proposed LT Bk     CRISIL AA      1053.4  -
                                        Loan Fac
Upgraded from CRISIL AA-/Positive
Transport Corporation of India Ltd      TL                 CRISIL AA      1776.6  -
Upgraded from CRISIL AA-/Positive
--------------------------------------------------------------------------------------------
$: 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