September 19, 2019 / 11:03 AM / 2 months ago

CRISIL ratings for Indian debt instruments-Sep 19

    Sep 19 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of September 18, 2019.

COMPANY                               INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                        (RS.MLN)
------                                ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Aassaan Global Trade                    Inland/Import LOC  CRISIL A4+     40      Reaffirmed
Adapt Infra Pvt Ltd                     BG                 CRISIL A4      10      Migrated from
                                                                                  CRISIL A4+
(Issuer Not Cooperating)
Amara Raja Electronics Ltd              BG*                CRISIL A4+     45      Reaffirmed
*Bank Guarantee and Letter of Credit are interchangeable
Amara Raja Electronics Ltd              LOC*               CRISIL A4+     146     Reaffirmed
*Bank Guarantee and Letter of Credit are interchangeable
Bhagwati Ferro Metal Pvt Ltd            BG                 CRISIL A3+     80      Reaffirmed
Bhagwati Ferro Metal Pvt Ltd            LOC                CRISIL A3+     240     Reaffirmed
Bhagwati Steel Cast Pvt Ltd             BG                 CRISIL A3+     67.5    Reaffirmed
Bhagwati Steel Cast Pvt Ltd             Foreign Exchange   CRISIL A3+     7.4     Reaffirmed
                                        Forward
Bhagwati Steel Cast Pvt Ltd             LOC                CRISIL A3+     100     Reaffirmed
Ernad Engineering Enterprises           BG                 CRISIL A4      300     Reaffirmed
Everest Industries Ltd                  LOC*               CRISIL A1+     2450    Reaffirmed
*Fully interchangeable with bank guarantee
Everest Industries Ltd                  CP Programme       CRISIL A1+     300     Reaffirmed
Himalayan Infracorp Pvt Ltd             BG                 CRISIL A4      50      Revised from
                                                                                  CRISIL A4+
(Issuer Not Cooperating)
Himalayan Infracorp Pvt Ltd             Proposed BG        CRISIL A4      100     Revised from
                                                                                  CRISIL A4+
(Issuer Not Cooperating)
Indian Peroxide Ltd                     BG                 CRISIL A4      50      -
(Issuer Not Cooperating; Rating Migrated)
Jaipan Industries Ltd                   Packing Credit     CRISIL A4+     10      Reaffirmed
Jalna Siddhivinayak Alloys Pvt Ltd      BG                 CRISIL A4+     60      Reaffirmed
K.Kumar Raja Projects Pvt Ltd           BG                 CRISIL A3      250     Reaffirmed
Kottex Industries Pvt Ltd               BG                 CRISIL A3+     5       Reaffirmed
Kottex Industries Pvt Ltd               LOC                CRISIL A3+     150     Reaffirmed
Kottex Industries Pvt Ltd               Proposed LT Bk     CRISIL A3+     200     Withdrawn
                                        Loan Fac
M. S. Knitting Mills                    BG                 CRISIL A4+     0.6     Reaffirmed
(Issuer Not Cooperating; Rating Migrated)
Manubhai Mangaldas Securities Pvt Ltd   BG                 CRISIL A4      220     Revised from
                                                                                  CRISIL
                                                                                  A4+/Stable
(Issuer Not Cooperating)
My Car (Pune) Pvt Ltd                   BG                 CRISIL A3      25      Reaffirmed
N. S. Precision Works Pvt Ltd           LOC                CRISIL A4+     8.6     Reassigned
Nagman Instruments and Electronics Pvt  BG                 CRISIL A4      15      Migrated from
Ltd                                                                               CRISIL A4+
(Issuer Not Cooperating)
Narayana Reddy And Others               BG                 CRISIL A4      20      -
(Issuer Not Cooperating; Rating Migrated)
Neev Energy LLP                         BG                 CRISIL A4      50      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Neev Energy LLP                         LOC                CRISIL A4      30      Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Netaji Oil Depot Unit Of Mrs Realty Pvt BG                 CRISIL A4+     70      -
Ltd
Netaji Oil Depot Unit Of Mrs Realty Pvt Overdraft          CRISIL A4+     79.4    -
Ltd
(Issuer Not Cooperating; Rating Migrated)
Netaji Oil Depot Unit Of Mrs Realty Pvt Proposed LOC       CRISIL A4+     80.6    -
Ltd
(Issuer Not Cooperating; Rating Migrated)
P. A. Pinions                           BG                 CRISIL A4+     3       -
(Issuer Not Cooperating; Rating Migrated)
P. Chandra Reddy and Co.                BG                 CRISIL A4+     600     -
(Issuer Not Cooperating; Rating Migrated)
P. Chandra Reddy and Co.                Inland/Import LOC  CRISIL A4+     175     -
(Issuer Not Cooperating; Rating Migrated)
P.A. Times Industries Unit-II           LOC & BG           CRISIL A4+     10      -
(Issuer Not Cooperating; Rating Migrated)
Presston Engineering Corporation        BG                 CRISIL A4+     30      -
(Issuer Not Cooperating; Rating Migrated)
Presston Engineering Corporation        LOC                CRISIL A4+     15      -
(Issuer Not Cooperating; Rating Migrated)
Rajlaxmi Agrotech India Pvt Ltd         LOC                CRISIL A4      90      -
(Issuer Not Cooperating; Rating Migrated)
Rana Denim Pvt Ltd                      BG                 CRISIL A4+     11.5    -
(Issuer Not Cooperating; Rating Migrated)
Raudra Technocrats Pvt Ltd              BG                 CRISIL A4+     50      -
(Issuer Not Cooperating; Rating Migrated)
Raudra Technocrats Pvt Ltd              Proposed ST Bk     CRISIL A4+     10      -
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
Rhythm Real Food Products               Proposed NFBL      CRISIL A4+     23.7    -
(Issuer Not Cooperating; Rating Migrated)

S.R. Ravishankar                        BG                 CRISIL A4+     160     -
(Issuer Not Cooperating; Rating Migrated)
Samal Equip                             BG                 CRISIL A4+     2.5     Reaffirmed
Sankranthi Raw and Boiled Rice Mill     Foreign LOC        CRISIL A4+     8       -
(Issuer Not Cooperating; Rating Migrated)
Satellite Cables Pvt Ltd                LOC                CRISIL A4      50      -
(Issuer Not Cooperating; Rating Migrated)
Sharma Construction Co.                 BG                 CRISIL A4      30      -
(Issuer Not Cooperating; Rating Migrated)
Sheth Construction Co.                  BG                 CRISIL A4+     260     -
(Issuer Not Cooperating; Rating Migrated)
Shivshakti Construction Company         BG                 CRISIL A4+     19      -
(Issuer Not Cooperating; Rating Migrated)
Shivshakti Construction Company         Overdraft          CRISIL A4+     24.6    -
(Issuer Not Cooperating; Rating Migrated)
Shogini Technoarts Pvt Ltd              LOC                CRISIL A4+     250     Reaffirmed
Shri Sai Construction Co.               BG                 CRISIL A4+     123.5   -
(Issuer Not Cooperating; Rating Migrated)
Shri Sai Construction Co.               Proposed BG        CRISIL A4+     35      -
(Issuer Not Cooperating; Rating Migrated)
Siwal Infracon Pvt Ltd                  BG                 CRISIL A4+     80      -
(Issuer Not Cooperating; Rating Migrated)
Sonai Constructions Pvt Ltd             BG                 CRISIL A4      20      -
(Issuer Not Cooperating; Rating Migrated)
Star Rewinders and Electricals          BG                 CRISIL A4      150     Assigned
Star Rewinders and Electricals          LOC                CRISIL A4      25      Assigned
Subasree Jewellers                      BG                 CRISIL A4      18.5    -
(Issuer Not Cooperating; Rating Migrated)
Super Plateck Pvt Ltd                   LOC & BG           CRISIL A4      22.5    -
(Issuer Not Cooperating; Rating Migrated)
TKV Marketing India Pvt Ltd             Post Shipment      CRISIL A4+     92.5    Reaffirmed
                                        Credit
Vega Controls Pvt Ltd                   LOC & BG           CRISIL A4      47.5    -
(Issuer Not Cooperating; Rating Migrated)
Viraj Exports Pvt Ltd                   Export Packing     CRISIL A4+     140     -
                                        Credit & Export
                                        Bills Negotiation
                                       /Foreign Bill discounting
(Issuer Not Cooperating; Rating Migrated)
Viraj Exports Pvt Ltd                   LOC                CRISIL A4+     15      -
(Issuer Not Cooperating; Rating Migrated)
WIG Brothers India Pvt Ltd              BG                 CRISIL A4      50      -
(Issuer Not Cooperating; Rating Migrated)
Worldtech Industries Pvt Ltd            BG                 CRISIL A4      3       -
(Issuer Not Cooperating; Rating Migrated)
Yakshi Communications                   BG                 CRISIL A4+     4.5     -
(Issuer Not Cooperating; Rating Migrated)
Yashmun Engineers Ltd                   BG                 CRISIL A4      15      Migrated from
                                                                                  CRISIL A4
(Issuer Not Cooperating)


LONG TERM RATINGS:
-------------------
Aassaan Global Trade                    Overdraft          CRISIL         100     Reaffirmed
                                                           BB-/Stable
ACM Natural Products Pvt Ltd            CC                 CRISIL         27.5    Reaffirmed
                                                           B+/Stable
ACM Natural Products Pvt Ltd            TL                 CRISIL         38      Reaffirmed
                                                           B+/Stable
Adapt Infra Pvt Ltd                     CC                 CRISIL B+      90      Migrated from
                                                                                  CRISIL
                                                                                  BB-/Stable
(Issuer Not Cooperating)
Adapt Infra Pvt Ltd                     TL                 CRISIL B+      10      Migrated from
                                                                                  CRISIL
                                                                                  BB-/Stable
(Issuer Not Cooperating)
Adglobal 360 India Pvt Ltd              Rating Advisory    --             -       -
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
Akshar Polypack LLP                     Proposed CC Limit  CRISIL B/Stable30      Assigned
Akshar Polypack LLP                     Proposed TL        CRISIL B/Stable70      Assigned
Amara Raja Electronics Ltd              CC                 CRISIL         163.5   Reaffirmed
                                                           BB-/Stable
Amara Raja Electronics Ltd              Proposed LT Bk     CRISIL         32      Reaffirmed
                                        Loan Fac           BB-/Stable
Baid Synthetics Pvt Ltd                 CC                 CRISIL         60      Assigned
                                                           BB/Stable
Baid Synthetics Pvt Ltd                 TL                 CRISIL         39      Assigned
                                                           BB/Stable
Bhagwati Ferro Metal Pvt Ltd            CC                 CRISIL         600     Reaffirmed
                                                           BBB/Stable
Bhagwati Ferro Metal Pvt Ltd            Proposed LT Bk     CRISIL         0.5     Withdrawn
                                        Loan Fac           BBB/Stable
Bhagwati Steel Cast Pvt Ltd             CC                 CRISIL         260     Reaffirmed
                                                           BBB/Stable
Bhagwati Steel Cast Pvt Ltd             Proposed LT Bk     CRISIL         149.7   Withdrawn
                                        Loan Fac           BBB/Stable
Canopy Estates Pvt Ltd                  Mortgage Loan Fac  CRISIL D       200     -
(Issuer Not Cooperating)
Canopy Estates Pvt Ltd                  Proposed LT Bk     CRISIL D       300     -
                                        Loan Fac
(Issuer Not Cooperating)
Cheran Spinning Mills Pvt Ltd           CC                 CRISIL         250     Reaffirmed
                                                           BBB/Stable
Cheran Spinning Mills Pvt Ltd           LT Loan            CRISIL         55      Reaffirmed
                                                           BBB/Stable
Cheran Spinning Mills Pvt Ltd           Proposed LT Bk     CRISIL         20      Reaffirmed
                                        Loan Fac           BBB/Stable
Do All Engineering Industries           Rating Advisory    --             -       -
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
Ernad Engineering Enterprises           CC                 CRISIL         200     Reaffirmed
                                                           B+/Stable
Everest Industries Ltd                  Proposed LT Bk     -              650     Withdrawn
                                        Loan Fac
Everest Industries Ltd                  CC                 CRISIL         1350    Reaffirmed
                                                           A+/Stable
Everest Industries Ltd                  LT Loan            CRISIL         528.7   Reaffirmed
                                                           A+/Stable
Everest Industries Ltd                  Proposed LT Bk     CRISIL         776.3   Reaffirmed
                                        Loan Fac           A+/Stable
Goyal Proteins Ltd                      CC                 CRISIL         1150    Reaffirmed
                                                           A-/Negative
Goyal Proteins Ltd                      Proposed CC Limit  CRISIL         350     Reaffirmed
                                                           A-/Negative
Goyal Proteins Ltd                      Proposed LT Bk     CRISIL         1600    Reaffirmed
                                        Loan Fac           A-/Negative
Goyal Proteins Ltd                      Warehouse FinancingCRISIL         110     Assigned
                                                           A-/Negative
Goyal Proteins Ltd                      Proposed WC Fac    CRISIL         750     Assigned
                                                           A-/Negative
Himalayan Infracorp Pvt Ltd             CC                 CRISIL         85      Revised from
                                                           B+/Stable              CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Himalayan Infracorp Pvt Ltd             Proposed LT Bk     CRISIL         40      Revised from
                                        Loan Fac           B+/Stable              CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Indian Peroxide Ltd                     CC                 CRISIL B+      88.5    -
(Issuer Not Cooperating; Rating Migrated)
Indian Peroxide Ltd                     LT Loan            CRISIL B+      620     -
(Issuer Not Cooperating; Rating Migrated)
Indian Peroxide Ltd                     Proposed LT Bk     CRISIL B+      1.5     -
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
Jaipan Industries Ltd                   CC                 CRISIL         40      Reaffirmed
                                                           BB/Stable
Jalaram Polymers Pvt Ltd                CC                 CRISIL D       15      Downgraded
                                                                                  from 'CRISIL
                                                                                  BB-/Stable
Jalaram Polymers Pvt Ltd                LOC                CRISIL D       40      Downgraded
                                                                                  from 'CRISIL
                                                                                  BB-/Stable
Jalaram Polymers Pvt Ltd                Proposed WC Fac    CRISIL D       15      Downgraded
                                                                                  from 'CRISIL
                                                                                  BB-/Stable
Jalna Siddhivinayak Alloys Pvt Ltd      CC                 CRISIL         680     Reaffirmed
                                                           BB+/Negative
Jalna Siddhivinayak Alloys Pvt Ltd      TL                 CRISIL         200     Reaffirmed
                                                           BB+/Negative
Jeelani Marine Products                 Rating Advisory    --             -       -
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
K.Kumar Raja Projects Pvt Ltd           CC                 CRISIL         70      Reaffirmed
                                                           BBB-/Stable
K.Kumar Raja Projects Pvt Ltd           Proposed LT Bk     CRISIL         130     Reaffirmed
                                        Loan Fac           BBB-/Stable
K.R. Padmanabhan and Sons               CC                 CRISIL B       55      -
                                                           /Stable
Konkan Aggregates Pvt Ltd               CC                 CRISIL         75      Reaffirmed
                                                           B+/Stable
Konkan Aggregates Pvt Ltd               LT Loan            CRISIL         110     Reaffirmed
                                                           B+/Stable
Konkan Aggregates Pvt Ltd               Proposed LT Bk     CRISIL         55      Assigned
                                        Loan Fac           B+/Stable
Kottex Industries Pvt Ltd               CC                 CRISIL         250     Reaffirmed
                                                           BBB/Stable
Kottex Industries Pvt Ltd               TL                 CRISIL         345     Reaffirmed
                                                           BBB/Stable
Krishnapoultry Farm India Pvt Ltd       CC                 CRISIL         70      Upgraded from
                                                           BB/Stable              CRISIL
                                                                                  BB-/Stable
Krishnapoultry Farm India Pvt Ltd       LT Loan            CRISIL         50      Upgraded from
                                                           BB/Stable              CRISIL
                                                                                  BB-/Stable
Kunnath Gold and Diamond                CC                 CRISIL B/Stable80      Reaffirmed
Kuttanadu Vikasana Samithy              Proposed LT Bk     CRISIL D       11.5    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
M. S. Knitting Mills                    CC                 CRISIL         17.5    -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
M. S. Knitting Mills                    Corporate Mortgage CRISIL         9.8     -
                                        Loan               BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
M. S. Knitting Mills                    Export Packing     CRISIL         30      -
                                        Credit             BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
M. S. Knitting Mills                    TL                 CRISIL         2.1     -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
M.R.Organisation Ltd                    Corporate Credit   CCR BBB-/Stable-       Assigned
                                        Rating
Maharaja Agrasen Hospital Charitable    TL                 CRISIL BBB+ /  1500    Reaffirmed
Trust                                                      Stable
Manubhai Mangaldas Securities Pvt Ltd   Overdraft          CRISIL B+/     40      Revised from
                                                           Stable                 CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Monarch Hatcheries Pvt Ltd              CC                 CRISIL         40      -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Monarch Hatcheries Pvt Ltd              LT Loan            CRISIL         28.4    -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Monarch Hatcheries Pvt Ltd              Proposed LT Bk     CRISIL         41.6    -
                                        Loan Fac           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Moraj Infratech Pvt Ltd                 TL                 CRISIL         100     -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
My Car (Pune) Pvt Ltd                   CC                 CRISIL         200     Reaffirmed
                                                           BBB-/Negative
(Outlook revised from 'Stable')
My Car (Pune) Pvt Ltd                   Inventory Funding  CRISIL         2134    Reaffirmed
                                        Fac                BBB-/Negative
(Outlook revised from 'Stable')
My Car (Pune) Pvt Ltd                   Proposed TL        CRISIL         201     Reaffirmed
                                                           BBB-/Negative
(Outlook revised from 'Stable')
My Car (Pune) Pvt Ltd                   Rupee TL           CRISIL         360     Reaffirmed
                                                           BBB-/Negative
(Outlook revised from 'Stable')
N. S. Precision Works Pvt Ltd           Channel Financing  CRISIL         25      Migrated from
                                                           BB/Stable              CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
N. S. Precision Works Pvt Ltd           Overdraft          CRISIL         42      Migrated from
                                                           BB/Stable              CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
N. S. Precision Works Pvt Ltd           TL                 CRISIL         12      Migrated from
                                                           BB/Stable              CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
N. S. Precision Works Pvt Ltd           WC Fac             CRISIL         12.4    Migrated from
                                                           BB/Stable              CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Nagman Instruments and Electronics Pvt  CC                 CRISIL B+/     20      Migrated from
Ltd                                                        Stable                 CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Nagman Instruments and Electronics Pvt  Export Packing     CRISIL B+/     20      Migrated from
Ltd                                     Credit             Stable                 CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Nagman Instruments and Electronics Pvt  LT Loan            CRISIL B+/     65      Migrated from
Ltd                                                        Stable                 CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Nambiar Builders Pvt Ltd                TL                 CRISIL         2000    Reaffirmed
                                                           BBB/Negative
(Outlook revised from 'Stable')
Narayana Reddy And Others               CC                 CRISIL B+/     70      -
                                                           Stable
(Issuer Not Cooperating; Rating Migrated)
Narendra Emporis Ltd                    CC                 CRISIL         150     Migrated from
                                                           BB/Stable              CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Narsimha Iron and Steel Pvt Ltd         CC                 CRISIL         75      Reaffirmed
                                                           BB/Stable
Narsimha Iron and Steel Pvt Ltd         Proposed FB Bk     CRISIL         30      Reaffirmed
                                        Limits             BB/Stable
Narsimha Iron and Steel Pvt Ltd         TL                 CRISIL         65      Reaffirmed
                                                           BB/Stable
Neev Energy LLP                         CC                 CRISIL B+      70      Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Neev Energy LLP                         Proposed WC Fac    CRISIL B+/     25      Downgraded
                                                           Stable                 from CRISIL
                                                                                  BB-
Neev Energy LLP                         Proposed BG        CRISIL B+/     25      Downgraded
                                                           Stable                 from CRISIL
                                                                                  BB-
Netaji Oil Depot Unit Of Mrs Realty Pvt CC                 CRISIL         80      -
Ltd                                                        BB+/Stable
(Issuer Not Cooperating; Rating Migrated)
Netaji Oil Depot Unit Of Mrs Realty Pvt Proposed CC Limit  CRISIL         50      -
Ltd                                                        BB+/Stable
(Issuer Not Cooperating; Rating Migrated)
P. A. Pinions                           CC                 CRISIL         40      Migrated from
                                                           BB/Stable              CRISIL
                                                                                  BB/Positive
(Issuer Not Cooperating)
P. A. Pinions                           Proposed LT Bk     CRISIL         74.1    Migrated from
                                        Loan Fac           BB/Stable              CRISIL
                                                                                  BB/Positive
(Issuer Not Cooperating)
P. A. Pinions                           Rupee TL           CRISIL         17.4    Migrated from
                                                           BB/Stable              CRISIL
                                                                                  BB/Positive
(Issuer Not Cooperating)
P. Chandra Reddy and Co.                Proposed LT Bk     CRISIL         200     -
                                        Loan Fac           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
P. Chandra Reddy and Co.                Secured Overdraft  CRISIL         75      -
                                        Fac                BB/Stable
(Issuer Not Cooperating; Rating Migrated)
P. Sri Ramulu                           CC                 CRISIL B/      100     Migrated from
                                                           Stable                 CRISIL
                                                                                  B/Stable
(Issuer Not Cooperating)
P.A. Times Industries Unit-II           CC                 CRISIL BB-     40      Migrated from
                                                           /Stable                CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
P.A. Times Industries Unit-II           Proposed LT Bk     CRISIL BB-     47.5    Migrated from
                                        Loan Fac           /Stable                CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
PMA Constructions Pvt Ltd               CC                 CRISIL D       110     -
(Issuer Not Cooperating; Rating Migrated)
PMA Constructions Pvt Ltd               Proposed LT Bk     CRISIL D       18      -
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
PMA Constructions Pvt Ltd               TL                 CRISIL D       192     -
(Issuer Not Cooperating; Rating Migrated)
Pradhama Multi speciality Hospitals &   CC                 CRISIL D       115     -
Research Institute Ltd
(Issuer Not Cooperating; Rating Migrated)
Pradhama Multi speciality Hospitals &   LT Loan            CRISIL D       1310    -
Research Institute Ltd
(Issuer Not Cooperating; Rating Migrated)
Prem Henna Pvt Ltd                      CC                 CRISIL         480     Migrated from
                                                           BB-/Stable             CRISIL
                                                                                  BB+/Stable
(Issuer Not Cooperating)
Prem Henna Pvt Ltd                      Proposed LT Bk     CRISIL         48.2    Migrated from
                                        Loan Fac           BB-/Stable             CRISIL
                                                                                  BB+/Stable
(Issuer Not Cooperating)
Prem Henna Pvt Ltd                      TL                 CRISIL         71.2    Migrated from
                                                           BB-/Stable             CRISIL
                                                                                  BB+/Stable
(Issuer Not Cooperating)
Premier Chemicals                       Proposed LT Bk     CRISIL         200     -
                                        Loan Fac           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Presston Engineering Corporation        CC                 CRISIL         35      -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Rajlaxmi Agrotech India Pvt Ltd         CC                 CRISIL         45      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Rajlaxmi Agrotech India Pvt Ltd         Warehouse FinancingCRISIL         75      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Ramgo Modern Rice Mill                  CC                 CRISIL B/Stable57.5    -
(Issuer Not Cooperating; Rating Migrated)
Rana Denim Pvt Ltd                      CC                 CRISIL         80      -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Rana Denim Pvt Ltd                      Proposed LT Bk     CRISIL         208.5   -
                                        Loan Fac           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Raudra Technocrats Pvt Ltd              CC                 CRISIL         50      -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Raudra Technocrats Pvt Ltd              Proposed LT Bk     CRISIL         10      -
                                        Loan Fac           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Rhythm Real Food Products               CC                 CRISIL         4       -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Rhythm Real Food Products               TL                 CRISIL         65.3    -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
RK-CPR (JV)                             Rating Advisory    --             -       -
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
S.N. Rathinasamy Nadar & Sons           CC                 CRISIL         65      Reaffirmed
                                                           BB/Stable
S.N. Rathinasamy Nadar & Sons           TL                 CRISIL         35      Reaffirmed
                                                           BB/Stable
S.N.R. Dhall Mill                       CC                 CRISIL         65      -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
S.N.R. Dhall Mill                       TL                 CRISIL         35      -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
S.R. Ravishankar                        Overdraft          CRISIL         100     -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Samal Equip                             CC                 CRISIL         10      Reaffirmed
                                                           BB-/Stable
Samal Equip                             Inventory Funding  CRISIL         125     Reaffirmed
                                        Fac                BB-/Stable
Sankranthi Raw and Boiled Rice Mill     CC                 CRISIL         169     -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Sankranthi Raw and Boiled Rice Mill     LT Loan            CRISIL         3       -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Sant Foods Pvt Ltd                      CC                 CRISIL         104     -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Sant Foods Pvt Ltd                      Warehouse Receipts CRISIL         100     -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Satellite Cables Pvt Ltd                CC                 CRISIL         50      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Satyam Pulse Mill                       CC                 CRISIL         50      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Satyam Pulse Mill                       TL                 CRISIL         9.3     -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Satyay Technocast Pvt Ltd               CC                 CRISIL         25      -
                                                           BB+/Stable
(Issuer Not Cooperating; Rating Migrated)
Satyay Technocast Pvt Ltd               LT Loan            CRISIL         20      -
                                                           BB+/Stable
(Issuer Not Cooperating; Rating Migrated)
Satyay Technocast Pvt Ltd               Proposed LT Bk     CRISIL         25      -
                                        Loan Fac           BB+/Stable
(Issuer Not Cooperating; Rating Migrated)
Sharma Construction Co.                 CC                 CRISIL         50      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Sharma Construction Co.                 Proposed LT Bk     CRISIL         28      -
                                        Loan Fac           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Sharma Construction Co.                 Standby LOC        CRISIL         12      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Sheth Construction Co.                  CC                 CRISIL         80      -
                                                           BB+/Stable
(Issuer Not Cooperating; Rating Migrated)
Shivshakti Construction Company         CC                 CRISIL         50      -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Shivshakti Construction Company         Proposed LT Bk     CRISIL         6.4     -
                                        Loan Fac           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Shogini Technoarts Pvt Ltd              CC                 CRISIL         280     Reaffirmed
                                                           BB+/Stable
Shogini Technoarts Pvt Ltd              Proposed LT Bk     CRISIL         2.5     Reaffirmed
                                        Loan Fac           BB+/Stable
Shogini Technoarts Pvt Ltd              TL                 CRISIL         307.5   Reaffirmed
                                                           BB+/Stable
Shree Krishna Educational Trust -       TL                 CRISIL         150     -
Gurgaon                                                    BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Shri Balaji Industries                  CC                 CRISIL         150     -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Shri Balaji Industries                  Warehouse Receipts CRISIL         50      -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Shri Sai Construction Co.               LT Loan            CRISIL         1.5     -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Shri Sai Construction Co.               Overdraft          CRISIL         1       -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Siva Sai Marine                         Proposed LT Bk     CRISIL B       80      Assigned
                                        Loan Fac
Siwal Infracon Pvt Ltd                  CC                 CRISIL         69      -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Siyaram Impex Pvt Ltd                   CC                 CRISIL B/Stable90      -
(Issuer Not Cooperating; Rating Migrated)
Siyaram Impex Pvt Ltd                   LT Bk Fac          CRISIL B/Stable20      -
(Issuer Not Cooperating; Rating Migrated)
Solarium Green Energy LLP               CC                 CRISIL         25      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Solarium Green Energy LLP               TL                 CRISIL         40      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Sonai Constructions Pvt Ltd             CC                 CRISIL         60      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Sonhira Sahakari Sakhar Karkhana Ltd    CC                 CRISIL         1500    -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Sonhira Sahakari Sakhar Karkhana Ltd    TL                 CRISIL         250     -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Sri Balachandra Vinayagar Modern Rice   CC                 CRISIL         49.5    Reaffirmed
Mill                                                       B+/Stable
Sri Balachandra Vinayagar Modern Rice   LT Loan            CRISIL         5.5     Reaffirmed
Mill                                                       B+/Stable
Sri Nandha Educational Trust            Overdraft          CRISIL         150     Reaffirmed
                                                           BB+/Stable
Sri Nandha Educational Trust            Proposed LT Bk     CRISIL         4.7     Reaffirmed
                                        Loan Fac           BB+/Stable
Sri Nandha Educational Trust            TL                 CRISIL         110     Reaffirmed
                                                           BB+/Stable
Sri Satyanarayana Swamy Hatcharies      Proposed CC Limit  CRISIL         20      -
                                                           B+/Stable
(Issuer Not Cooperating)
Sri Satyanarayana Swamy Hatcharies      TL                 CRISIL         100     -
                                                           B+/Stable
(Issuer Not Cooperating)
Sri Vengatesh Modern Rice Mills         CC                 CRISIL         15      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Sri Vengatesh Modern Rice Mills         WC TL              CRISIL         50      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Sri Viswasanthi Educational             CC                 CRISIL         30      -
Institutions Pvt Ltd                                       BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Sri Viswasanthi Educational             Drop Line          CRISIL         30      -
Institutions Pvt Ltd                    Overdraft Fac      BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Sri Viswasanthi Educational             Proposed LT Bk     CRISIL         15.6    -
Institutions Pvt Ltd                    Loan Fac           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Sri Viswasanthi Educational             TL                 CRISIL         36.5    -
Institutions Pvt Ltd                                       BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Star Clays                              CC                 CRISIL D       45      -
(Issuer Not Cooperating; Rating Migrated)
Star Clays                              Proposed LT Bk     CRISIL D       48      -
                                        Loan Fac
(Issuer Not Cooperating; Rating Migrated)
Star Clays                              TL                 CRISIL D       7       -
(Issuer Not Cooperating; Rating Migrated)
Star Rewinders and Electricals          CC                 CRISIL         30      Assigned
                                                           B+/Stable
Subasree Jewellers                      CC                 CRISIL         21      -
                                                           B-/Stable
(Issuer Not Cooperating; Rating Migrated)
Subasree Jewellers                      LT Loan            CRISIL         22.9    -
                                                           B-/Stable
(Issuer Not Cooperating; Rating Migrated)
Subasree Jewellers                      WC Demand Loan     CRISIL         17.6    -
                                                           B-/Stable
(Issuer Not Cooperating; Rating Migrated)
Sun Shine Food Products                 CC                 CRISIL         130     -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Sun Shine Food Products                 LT Loan            CRISIL         37      -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Sun Shine Food Products                 Proposed TL        CRISIL         143     -
                                                           BB/Stable
(Issuer Not Cooperating; Rating Migrated)
Sunbeam Generators Pvt Ltd              Rating Advisory    --             -       -
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
Super Plateck Pvt Ltd                   CC                 CRISIL         37.5    -
                                                           B-/Stable
(Issuer Not Cooperating; Rating Migrated)
Surien Pharmaceuticals Pvt Ltd          CC                 CRISIL         100     -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Thamarai Selvi Hi Tech Rice Mill        CC                 CRISIL         45      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Thamarai Selvi Hi Tech Rice Mill        Proposed CC Limit  CRISIL         20      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
The Innovators Digital Ads Pvt Ltd      TL                 CRISIL         70      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
The Winning Edge Agro Products          CC                 CRISIL         60      -
                                                           BB-/Stable
Thorat Milk and Milk Products           CC                 CRISIL D       120     Downgraded
                                                                                  from CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Thorat Milk and Milk Products           Proposed LT Bk     CRISIL D       25      Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Thorat Milk and Milk Products           TL                 CRISIL D       125     Downgraded
                                                                                  from CRISIL
                                                                                  BB/Stable
(Issuer Not Cooperating)
Tirupati Agri Inputs                    CC                 CRISIL         50      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Tirupati Agri Inputs                    LT Loan            CRISIL         6.4     -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Tirupati Agri Inputs                    Proposed LT Bk     CRISIL         2.6     -
                                        Loan Fac           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Tirupatibalaji Mills Pvt Ltd            CC                 CRISIL         10      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Tirupatibalaji Mills Pvt Ltd            Rupee TL           CRISIL         5       -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
TKV Marketing India Pvt Ltd             Credit Limit Under CRISIL         17.5    Reaffirmed
                                        Gold Card          BB/Stable
TKV Marketing India Pvt Ltd             Proposed CC /      CRISIL         15      Reaffirmed
                                        Bills Discounting  BB/Stable
                                        Limit
Tripti Hi-Tech Blocks N Constructions   Proposed LT Bk     CRISIL B/Stable97      -
LLP                                     Loan Fac
(Issuer Not Cooperating; Rating Migrated)
V K Tyre India Ltd                      CC                 CRISIL         100     -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
V K Tyre India Ltd                      Proposed LT Bk     CRISIL         5       -
                                        Loan Fac           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
V K Tyre India Ltd                      TL                 CRISIL         45      -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Vega Controls Pvt Ltd                   CC                 CRISIL         12.5    -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
Vega Controls Pvt Ltd                   TL                 CRISIL         1       -
                                                           B+/Stable
(Issuer Not Cooperating; Rating Migrated)
VPR Constructions                       BG                 CRISIL D       38      -
(Issuer Not Cooperating; Rating Migrated)
VPR Constructions                       Secured Overdraft  CRISIL D       120     -
                                        Fac
(Issuer Not Cooperating; Rating Migrated)
Watero Sanitary LLP                     CC#                CRISIL B/Stable24      -
(Issuer Not Cooperating; Rating Migrated)
#Interchangeable with bank guarantee as a sublimit up to Rs. 0.40 crore
 
 Watero Sanitary LLP                     TL                 CRISIL B/Stable50      -
(Issuer Not Cooperating; Rating Migrated)
Worldtech Industries Pvt Ltd            CC                 CRISIL         20      -
                                                           B-/Stable
(Issuer Not Cooperating; Rating Migrated)
Worldtech Industries Pvt Ltd            Proposed LT Bk     CRISIL         7.5     -
                                        Loan Fac           B-/Stable
(Issuer Not Cooperating; Rating Migrated)
Worldtech Industries Pvt Ltd            TL                 CRISIL         41      -
                                                           B-/Stable
(Issuer Not Cooperating; Rating Migrated)
Yakshi Communications                   CC                 CRISIL         70      -
                                                           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Yakshi Communications                   Proposed LT Bk     CRISIL         25.5    -
                                        Loan Fac           BB-/Stable
(Issuer Not Cooperating; Rating Migrated)
Yamuna Cable Accessories Pvt Ltd        LOC                CRISIL         113.8   Migrated from
                                                           A4+/Negative           CRISIL BB+
(Issuer Not Cooperating;Rating Withdrawn)
Yamuna Cable Accessories Pvt Ltd        CC                 CRISIL         125     Migrated from
                                                           BB+/Negative           CRISIL BB+
(Issuer Not Cooperating;Rating Withdrawn)
Yamuna Cable Accessories Pvt Ltd        Standby LOC        CRISIL         27.2    Migrated from
                                                           BB+/Negative           CRISIL BB+
(Issuer Not Cooperating;Rating Withdrawn)
Yamuna Cable Accessories Pvt Ltd        TL                 CRISIL         206.6   Migrated from
                                                           BB+/Negative           CRISIL BB+
(Issuer Not Cooperating;Rating Withdrawn)
Yash Packers                            CC                 CRISIL         10      Reaffirmed
                                                           BB+/Stable
(Issuer Not Cooperating;Rating Withdrawn)
Yash Packers                            TL                 CRISIL         50      Reaffirmed
                                                           BB+/Stable
(Issuer Not Cooperating;Rating Withdrawn)
Yashmun Engineers Ltd                   CC                 CRISIL         65      Migrated from
                                                           B+/Stable              CRISIL B+
(Issuer Not Cooperating)
Yashmun Engineers Ltd                   Overdraft          CRISIL         10      Migrated from
                                                           B+/Stable              CRISIL B+
(Issuer Not Cooperating)
Zeus Ceramics LLP                       CC                 CRISIL         20      -
                                                           B+/Stable
(Issuer Not Cooperating;Rating Withdrawn)
Zeus Ceramics LLP                       TL                 CRISIL         40      -
                                                           B+/Stable
(Issuer Not Cooperating;Rating Withdrawn)
ZNA Infra Pvt Ltd                       Rating Advisory    --             -       -
CRISIL is yet to receive adequate information from the company to enable it to undertake a
rating review.
--------------------------------------------------------------------------------------------
$: 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)
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