September 24, 2018 / 9:59 AM / 3 months ago

CRISIL ratings for Indian debt instruments-Sep 24

  Sep 24 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India
(CRISIL) for local debt instruments as of September 21, 2018.


COMPANY                                 INSTRUMENT         RATING        AMOUNT   MOVEMENT
                                                                        (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Airtec Electrovision Pvt Ltd            Proposed NFBL      CRISIL A4+     30      Assigned
Alhind Tours And Travels Pvt Ltd        BG                 CRISIL A4+     35      -
Downgraded from CRISIL A3
Amrit Trading Company                   Foreign LOC        CRISIL A4      80      Reaffirmed
Beekalene Fabrics Pvt Ltd               BG                 CRISIL A4+     4.8     Reaffirmed
(Issuer Not Cooperating)
Beekalene Fabrics Pvt Ltd               LOC                CRISIL A4+     4       Reaffirmed
(Issuer Not Cooperating)
Bhandari Agrofeeds Pvt Ltd              BG                 CRISIL A4+     5       Assigned
Bhasha Associate                        BG                 CRISIL A4+     44      Reaffirmed
Bhasha Associate                        LOC                CRISIL A4+     1       Reaffirmed
Calico Impex                            LOC                CRISIL A4+     30      Reaffirmed
Centrum Broking Ltd                     BG                 CRISIL A2+     700     -
Upgraded from CRISIL A3+ ; Removed from Rating Watch with Positive Implications
Centrum Broking Ltd                     Proposed ST Bk     CRISIL A2+     550     -
                                        Loan Fac
Upgraded from CRISIL A3+ ; Removed from Rating Watch with Positive Implications
Charles Mathew                          BG                 CRISIL A4      20      Reassigned
CSM Technologies Pvt Ltd                BG                 CRISIL A4+     70      Reaffirmed
Migrated from CRISIL A4+ (Issuer Not Cooperating)
Delsea Exports Pvt Ltd                  Bill Discounting   CRISIL A4      100     Reaffirmed
Diamant Infrastructure Ltd              BG                 CRISIL A4      20      Reaffirmed
(Issuer Not Cooperating)
Emark Energisers Pvt Ltd                BG                 CRISIL A4+     14      Reaffirmed
(Issuer Not Cooperating)
Emark Energisers Pvt Ltd                Bill Discounting   CRISIL A4+     6       Reaffirmed
                                        under LOC
(Issuer Not Cooperating)
Hero FinCorp Ltd                        CP                 CRISIL A1+     50000   Reaffirmed
(Enhanced from Rs.4000 Crore)
Laxmi Lumber Industries Pvt Ltd         Inland/Import LOC  CRISIL A4      62.5    Reaffirmed
Leben Laboratories Pvt Ltd              LOC                CRISIL A3      20      Reaffirmed
M. M. Yarns Pvt Ltd                     BG                 CRISIL A3+     50      -
Upgraded from CRISIL A4+
Marinelines Shipbreakers Pvt Ltd        LOC                CRISIL A4+     300     Reaffirmed
Meghmani Organics Ltd                   LOC & BG           CRISIL A1      350     Reaffirmed
Meghmani Organics Ltd                   LOC & BG!          CRISIL A1      400     Reaffirmed
!Interchangeable with buyer s credit
Modern Transformers Pvt Ltd             BG                 CRISIL A3+     550     Assigned
Mohit Industries Ltd                    BG                 CRISIL A4+     22.5    Reaffirmed
(Issuer Not Cooperating)
Oswin Wood Panels Pvt Ltd               LOC                CRISIL A4+     30.5    Reaffirmed
Paragon Apparel Pvt Ltd                 LOC                CRISIL A4+     40      Reaffirmed
Paragon Apparel Pvt Ltd                 Packing Credit     CRISIL A4+     150     -
Partap Industrial Products              BG                 CRISIL A4      5       Reaffirmed
Popular Mega Motors India Pvt Ltd       BG                 CRISIL A3      15      Reaffirmed
Popular Mega Motors India Pvt Ltd       Cash Management    CRISIL A3      40      Reaffirmed
                                        Service
Quality Care India Ltd                  BG                 CRISIL A1      45      Reaffirmed
Quality Care India Ltd                  LOC                CRISIL A1      20      Reaffirmed
Relcon Infraprojects Ltd                BG                 CRISIL A4+     2450    Reaffirmed
(Issuer Not Cooperating)
Rubino Industries Pvt Ltd               LOC                CRISIL A4+     200     Reaffirmed
Rudra Global Infra Products Ltd         BG                 CRISIL A4+     60      Reaffirmed
(Issuer Not Cooperating)
Sagar Manufacturers Pvt Ltd             Foreign Exchange   CRISIL A2      55.7    Assigned
                                        Forward
Shajan Jacob                            BG                 CRISIL A4      10      Reaffirmed
Shree Bhavya Fabrics Ltd                Inland/Import LOC  CRISIL A4+     90      Reaffirmed
(Issuer Not Cooperating)
Shri Ram Solvent Extractions Pvt Ltd    BG                 CRISIL A4+     15      Reaffirmed
Shrijee Process Engineering Works Ltd   BG                 CRISIL A3      150     Reaffirmed
Shrijee Process Engineering Works Ltd   Packing Credit     CRISIL A3      60      Reaffirmed
Soni Auto and Allied Industries Ltd     BG                 CRISIL A3      7.5     Reaffirmed
Soni Auto and Allied Industries Ltd     LOC                CRISIL A3      10      Reaffirmed
Spectra Chemicals                       LOC                CRISIL A4      66      Reaffirmed
(Issuer Not Cooperating)
Superking Manufacturers (Tyre) Pvt Ltd  Foreign            CRISIL A4+     10      Reaffirmed
                                        Discounting Bill
                                        Purchase
Superking Manufacturers (Tyre) Pvt Ltd  Inland/Import LOC  CRISIL A4+     32      Reaffirmed
Superking Manufacturers (Tyre) Pvt Ltd  Letter Of GuaranteeCRISIL A4+     7.5     Reaffirmed
Superking Manufacturers (Tyre) Pvt Ltd  Packing Credit     CRISIL A4+     25      Reaffirmed
Superking Manufacturers (Tyre) Pvt Ltd  Proposed NFBL      CRISIL A4+     33      Assigned
Synthiko Foils Ltd                      LOC                CRISIL A4+     45      Reaffirmed
(Issuer Not Cooperating)
Synthiko Foils Ltd                      Packing Credit     CRISIL A4+     7.5     Reaffirmed
(Issuer Not Cooperating)
Tekza Ceramic LLP                       BG                 CRISIL A4      19.5    Assigned
Torrent Gas Pvt Ltd                     BG^                CRISIL A1+(SO) 10000   Assigned
^Includes Rs 250 crore of bid bond guarantee, and Rs. 750 crore of performance bank guarantee.
Totala Textiles Pvt Ltd                 Bill Discounting   CRISIL A4+     60      Assigned
Triton Valves Ltd                       LOC                CRISIL A2      350     Reaffirmed

Vallabh Steels Ltd                      LOC & BG           CRISIL A4+     265     Reaffirmed
(Issuer Not Cooperating)
Value Point Systems Pvt Ltd             BG                 CRISIL A3+     270     Reaffirmed
Vidyasagar Himghar Pvt Ltd              BG                 CRISIL A4      4       Reaffirmed


LONG TERM RATINGS:
-------------------
Agarwal Diam Expo Pvt Ltd               CC                 CRISIL BB      35      Reaffirmed
(Issuer Not Cooperating)
Agarwal Diam Expo Pvt Ltd               Proposed CC Limit  CRISIL BB      5       Reaffirmed
(Issuer Not Cooperating)
Airtec Electrovision Pvt Ltd            CC                 CRISIL BB-     80      Assigned
Ajanta Packaging                        BG                 -              5       Withdrawn
Ajanta Packaging                        CC                 -              70      Withdrawn
Ajanta Packaging                        LOC                -              50      Withdrawn
Ajanta Packaging                        Proposed LT Bk     -              25.6    Withdrawn
                                        Loan Fac
Ajanta Packaging                        Rupee TL           -              100     Withdrawn
Akash Cotex                             CC                 CRISIL BB-     110     -
Upgraded from CRISIL B
Akash Cotex                             Proposed TL        CRISIL BB-     30      -
Upgraded from CRISIL B
Alhind Tours And Travels Pvt Ltd        CC                 CRISIL BB+     100     -
Downgraded from CRISIL BBB-
Alhind Tours And Travels Pvt Ltd        LT Loan            CRISIL BB+     55      -
Downgraded from CRISIL BBB-
Amrit Trading Company                   Foreign LOC        -              20      Withdrawn
Amrit Trading Company                   CC                 CRISIL B+      25      -
Upgraded from CRISIL B
Angel Papers Pvt Ltd                    CC                 CRISIL B       30      Reaffirmed
(Issuer Not Cooperating)
Angel Papers Pvt Ltd                    LT Loan            CRISIL B       60      Reaffirmed
(Issuer Not Cooperating)
Beekalene Fabrics Pvt Ltd               CC                 CRISIL BB-     120     Reaffirmed
(Issuer Not Cooperating)
Beekalene Fabrics Pvt Ltd               Lease Rental       CRISIL BB-     115     Reaffirmed
                                        Discounting Loan
(Issuer Not Cooperating)
Beekalene Fabrics Pvt Ltd               Proposed LT Bk     CRISIL BB-     6.2     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Beekalene Fabrics Pvt Ltd               TL                 CRISIL BB-     50      Reaffirmed
(Issuer Not Cooperating)
Bhandari Agrofeeds Pvt Ltd              TL                 CRISIL BB-     72.6    Assigned
Bhandari Agrofeeds Pvt Ltd              Proposed LT Bk     CRISIL BB-     16.9    Assigned
                                        Loan Fac
Bhandari Agrofeeds Pvt Ltd              CC                 CRISIL BB-     5.5     Assigned
Bhasha Associate                        CC                 CRISIL BB-     32      Reaffirmed
Calico Impex                            Export Packing     CRISIL BB+     80      Reaffirmed
                                        Credit
Calico Impex                            Foreign Bill       CRISIL BB+     40      Reaffirmed
                                        Purchase
Charles Mathew                          CC                 CRISIL B+      30      Assigned
Chugh Industries                        CC                 CRISIL B+      90      Reaffirmed
Chugh Industries                        Proposed LT Bk     CRISIL B+      5       Reaffirmed
                                        Loan Fac
Chugh Industries                        TL                 CRISIL B+      25      Reaffirmed
Chugh Industries                        Warehouse Receipts CRISIL B+      30      Assigned
CSM Technologies Pvt Ltd                CC                 CRISIL BB+     50      Reaffirmed
Migrated from CRISIL BB+ (ISSUER NOT COOPERATING )
CSM Technologies Pvt Ltd                TL                 CRISIL BB+     35      -
Migrated from CRISIL BB+ (ISSUER NOT COOPERATING )
Delsea Exports Pvt Ltd                  Packing Credit     CRISIL B       40      Reaffirmed
Diamant Infrastructure Ltd              CC                 CRISIL C       80      Reaffirmed
(Issuer Not Cooperating)
Diamant Infrastructure Ltd              Proposed LT Bk     CRISIL C       40      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Emark Energisers Pvt Ltd                CC                 CRISIL BB-     50      Reaffirmed
(Issuer Not Cooperating)
Emark Energisers Pvt Ltd                Proposed LT Bk     CRISIL BB-     11.6    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Emark Energisers Pvt Ltd                TL                 CRISIL BB-     8.4     Reaffirmed
(Issuer Not Cooperating)
Ganga Care Hospitals Ltd                Proposed CC Limit  CRISIL A+      17.5    Reaffirmed
Ganga Care Hospitals Ltd                Proposed TL        CRISIL A+      50      Reaffirmed
Gayatri Sugars Ltd                      CC                 CRISIL D       675.9   Reaffirmed
Gayatri Sugars Ltd                      LT Loan            CRISIL D       471.3   Reaffirmed
Gayatri Sugars Ltd                      Proposed LT Bk     CRISIL D       212.8   Reaffirmed
                                        Loan Fac
GMR Goa International Airport Ltd       BG                 CRISIL BBB-    1000    Reaffirmed
GMR Goa International Airport Ltd       LT Loan            CRISIL BBB-    13300   Reaffirmed
Grihith Trade Ventures Pvt Ltd          TL                 CRISIL BBB-(SO)750     Reaffirmed
Hero FinCorp Ltd                        CC & WC demand loanCRISIL AA+     18360   Reaffirmed
Hero FinCorp Ltd                        Proposed LT Bk     CRISIL AA+     5165    Reaffirmed
                                        Loan Fac
Hero FinCorp Ltd                        TL                 CRISIL AA+     6475    Reaffirmed
Hero FinCorp Ltd                        NCDs               CRISIL AA+     22000   Reaffirmed
Hero FinCorp Ltd                        Subordinate Debt   CRISIL AA+     5000    Reaffirmed
Jaika Vehicle Trade Pvt Ltd             CC                 CRISIL B-      190     Reaffirmed
(Issuer Not Cooperating)
Jaika Vehicle Trade Pvt Ltd             Proposed CC Limit  CRISIL B-      82.5    Reaffirmed
(Issuer Not Cooperating)
Jaika Vehicle Trade Pvt Ltd             TL                 CRISIL B-      7.5     Reaffirmed
(Issuer Not Cooperating)
JP Structures Pvt Ltd                   BG                 -              300     Withdrawn
JP Structures Pvt Ltd                   CC                 -              140     Withdrawn
JP Structures Pvt Ltd                   LT Loan            -              140     Withdrawn
King Fish Exports                       Packing Credit     CRISIL BB-     90      Reaffirmed
King Fish Exports                       Proposed LT Bk     CRISIL BB-     10      Reaffirmed
                                        Loan Fac
Laxmi Lumber Industries Pvt Ltd         CC                 CRISIL B       35      Reaffirmed
Laxmi Lumber Industries Pvt Ltd         Proposed LT Bk     CRISIL B       22.5    Assigned
                                        Loan Fac
Leben Laboratories Pvt Ltd              Packing Credit     CRISIL BBB-    70      Reaffirmed
M. M. Yarns Pvt Ltd                     CC                 CRISIL BBB     200     -
Upgraded from CRISIL BB+
M. M. Yarns Pvt Ltd                     LT Loan            CRISIL BBB     804     -
Upgraded from CRISIL BB+
M. M. Yarns Pvt Ltd                     Proposed LT Bk     CRISIL BBB     206     -
                                        Loan Fac
Upgraded from CRISIL BB+
Manjushree Innovations Pvt Ltd          CC                 CRISIL B+      55      Reaffirmed
Manjushree Innovations Pvt Ltd          Proposed LT Bk     CRISIL B+      35      Reaffirmed
                                        Loan Fac
Manjushree Innovations Pvt Ltd          TL                 CRISIL B+      380     Assigned
Marinelines Shipbreakers Pvt Ltd        CC                 CRISIL BB-     50      Reaffirmed
Meghmani Finechem Ltd                   CC*                CRISIL A+      700     Reaffirmed
*Interchangeable with Letter of Credit and Bank Guarantee
Meghmani Finechem Ltd                   Rupee TL           CRISIL A+      1500    Reaffirmed
Meghmani Organics Ltd                   CC@                CRISIL A+      1500    Reaffirmed
'@Interchangeable between WCDL/EPC/PCFC/PSFC. Interchangeable between Overdraft/
 Short Term Loan/Export & Local Bills Discounted/Export Invoice Financing 
Meghmani Organics Ltd                   CC$                CRISIL A+      600     Reaffirmed
$ Interchangeable between Working Capital demand loan (WCDL)/Export Packing Credit
 (EPC)/ Preshipment Credit in Foreign Currency (PCFC) 
Meghmani Organics Ltd                   CC^                CRISIL A+      800     Reaffirmed
^Interchangeable between CC/WCDL/EPC/Foreign Usance Bills Discounting (FUBD)/Foreign Bills
Purchased (FBP)/PCFC/Post Shipment Credit in Foreign Currency (PSCFC)/Inland Bills Purchased/
Discounted 
Meghmani Organics Ltd                   Export Packing     CRISIL A+      350     Reaffirmed
                                        Credit*
*Interchangeable between Overdraft/ Short Term Loan/Export & Local Bills Discounted/Export
Invoice Financing
Meghmani Organics Ltd                   Rupee TL           CRISIL A+      3070    Reaffirmed
Melstar Information Technologies Ltd    CC                 CRISIL D       50      Reaffirmed
(Issuer Not Cooperating)
Melstar Information Technologies Ltd    Overdraft          CRISIL D       40      Reaffirmed
(Issuer Not Cooperating)
Melstar Information Technologies Ltd    Proposed LT Bk     CRISIL D       60      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Modern Transformers Pvt Ltd             CC                 CRISIL BBB     100     Assigned
Mohit Industries Ltd                    CC                 CRISIL BB+     390     Reaffirmed
(Issuer Not Cooperating)
Mohit Industries Ltd                    Corporate Loan     CRISIL BB+     10.5    Reaffirmed
(Issuer Not Cooperating)
Mohit Industries Ltd                    LT Loan            CRISIL BB+     268.2   Reaffirmed
(Issuer Not Cooperating)
Mohit Industries Ltd                    Standby Line of    CRISIL BB+     35      Reaffirmed
                                        Credit
(Issuer Not Cooperating)
Motor World Pvt Ltd                     CC                 CRISIL BB+     50      -
Downgraded from CRISIL BBB-
Motor World Pvt Ltd                     Inventory Funding  CRISIL BB+     180     -
                                        Fac
Downgraded from CRISIL BBB-
Motor World Pvt Ltd                     LT Loan            CRISIL BB+     170     -
Downgraded from CRISIL BBB-
Natural Technofab                       CC                 CRISIL B+      37.5    -
Migrated from CRISIL B (Issuer Not Cooperating)
Natural Technofab                       LT Bk Fac          CRISIL B+      47.3    -
Migrated from CRISIL B (Issuer Not Cooperating)
Natural Technofab                       Proposed LT Bk     CRISIL B+      5.2     -
                                        Loan Fac
Migrated from CRISIL B (Issuer Not Cooperating)
Oswin Wood Panels Pvt Ltd               CC                 CRISIL BB+     35      Reaffirmed
Oswin Wood Panels Pvt Ltd               Proposed WC Fac    CRISIL BB+     1.4     Reaffirmed
Padma Laxmi Sree Rice Mill Pvt Ltd      Proposed LT Bk     CRISIL BB-     6.5     Assigned
                                        Loan Fac
Padma Laxmi Sree Rice Mill Pvt Ltd      CC                 CRISIL BB-     60      Assigned
Padma Laxmi Sree Rice Mill Pvt Ltd      LT Loan            CRISIL BB-     60      Assigned
Paragon Apparel Pvt Ltd                 CC                 CRISIL BB+     60      -
Upgraded from CRISIL BB
Paragon Apparel Pvt Ltd                 Foreign Bill       CRISIL BB+     30      -
                                        Discounting
Upgraded from CRISIL BB
Paragon Apparel Pvt Ltd                 TL                 CRISIL BB+     120     Assigned
Upgraded from CRISIL BB
Parker Tiles Pvt Ltd                    BG                 CRISIL D       15      -
Downgraded from CRISIL BB
Parker Tiles Pvt Ltd                    CC                 CRISIL D       130     -
Downgraded from CRISIL BB
Parker Tiles Pvt Ltd                    LOC                CRISIL D       10      -
Downgraded from CRISIL BB
Parker Tiles Pvt Ltd                    TL                 CRISIL D       102.4   -
Downgraded from CRISIL BB
Partap Industrial Products              CC                 CRISIL B+      95      Reaffirmed
Partap Industrial Products              Proposed LT Bk     CRISIL B+      8       Reaffirmed
                                        Loan Fac
Partap Industrial Products              TL                 CRISIL B+      2       Reaffirmed
Popular Mega Motors India Pvt Ltd       CC                 CRISIL BBB-    95      Reaffirmed
Popular Mega Motors India Pvt Ltd       Channel Financing  CRISIL BBB-    100     Reaffirmed
Popular Mega Motors India Pvt Ltd       Electronic Dealer  CRISIL BBB-    250     Reaffirmed
                                        Financing
                                        Scheme(e-DFS)
Popular Mega Motors India Pvt Ltd       Inventory Funding  CRISIL BBB-    179.5   Reaffirmed
                                        Fac
Popular Mega Motors India Pvt Ltd       TL                 CRISIL BBB-    31.3    Reaffirmed
Popular Mega Motors India Pvt Ltd       WC Fac             CRISIL BBB-    30      Reaffirmed
Quality Care India Ltd                  CC                 CRISIL A+      770     Reaffirmed
Quality Care India Ltd                  Proposed TL        CRISIL A+      730     Reaffirmed
Quality Care India Ltd                  TL                 CRISIL A+      128     Reaffirmed
Quality Care India Ltd                  NCD                CRISIL A+      2250    -
(Continues on Rating Watch with Developing Implications )
Ramkrishna Care Medical Sciences Pvt LtdCC                 CRISIL A+      50      Reaffirmed
Continues on Rating Watch with Developing Implications
Ramkrishna Care Medical Sciences Pvt LtdProposed LT Bk     CRISIL A+      23      Reaffirmed
                                        Loan Fac
Continues on Rating Watch with Developing Implications
Ramkrishna Care Medical Sciences Pvt LtdTL                 CRISIL A+      737     Reaffirmed
Continues on Rating Watch with Developing Implications
Raunaq Steels Trading Pvt Ltd           Channel Financing  CRISIL BBB     180     -
Upgraded from CRISIL BBB-
Relcon Infraprojects Ltd                CC                 CRISIL BB-     150     Reaffirmed
(Issuer Not Cooperating)
Rim Jhim Ispat Ltd                      CC                 -              1795    Withdrawn
(Issuer Not Cooperating)
Rim Jhim Ispat Ltd                      LOC                -              1217.5  Withdrawn
(Issuer Not Cooperating)
Rim Jhim Ispat Ltd                      Proposed LT Bk     -              114.7   Withdrawn
                                        Loan Fac
(Issuer Not Cooperating)
Rim Jhim Ispat Ltd                      TL                 -              372.8   Withdrawn
(Issuer Not Cooperating)
Rubino Industries Pvt Ltd               CC                 CRISIL BB+     50      Reaffirmed
Rubino Industries Pvt Ltd               Proposed WC Fac    CRISIL BB+     5       Reaffirmed
Rudra Global Infra Products Ltd         CC                 CRISIL BB+     350     Reaffirmed
(Issuer Not Cooperating)
Rudra Global Infra Products Ltd         Proposed LT Bk     CRISIL BB+     241     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Rudra Global Infra Products Ltd         TL                 CRISIL BB+     25      Reaffirmed
(Issuer Not Cooperating)
Sagar Manufacturers Pvt Ltd             TL                 CRISIL BBB+    3274.3  Assigned
Sagar Manufacturers Pvt Ltd             Proposed CC Limit  CRISIL BBB+    150     Assigned
Sagar Manufacturers Pvt Ltd             CC                 CRISIL BBB+    670     Assigned
Senthil Murugan Jewellers               CC                 CRISIL B+      60      -
Downgraded from CRISIL BB-
Shajan Jacob                            CC                 CRISIL B+      65      Reaffirmed
Shajan Jacob                            Proposed LT Bk     CRISIL B+      15      Reaffirmed
                                        Loan Fac
Shivansh Textiles Pvt Ltd               CC                 CRISIL BB-     30      Assigned
Shivansh Textiles Pvt Ltd               TL                 CRISIL BB-     60      Assigned
Shree Bhavya Fabrics Ltd                CC                 CRISIL BB-     340     Reaffirmed
(Issuer Not Cooperating)
Shree Bhavya Fabrics Ltd                Channel Financing  CRISIL BB-     44      Reaffirmed
(Issuer Not Cooperating)
Shree Bhavya Fabrics Ltd                Proposed TL        CRISIL BB-     36      Reaffirmed
(Issuer Not Cooperating)
Shree Maheshwar Hydel Power Corporation OFCDs*             CRISIL AAA(SO) 4000    Reaffirmed
Ltd
*As on March 31, 2018; Rs.153 crore is outstanding
Shree Tirupati Balajee FIBC Pvt Ltd     Export Packing     CRISIL BBB     180     Reaffirmed
                                        Credit
(Issuer Not Cooperating)
Shree Tirupati Balajee FIBC Pvt Ltd     Proposed LT Bk     CRISIL BBB     30      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Shree Tirupati Balajee FIBC Pvt Ltd     TL                 CRISIL BBB     30      Reaffirmed
(Issuer Not Cooperating)
Shri Ram Solvent Extractions Pvt Ltd    CC                 CRISIL BB+     90      Reaffirmed
Shrijee Process Engineering Works Ltd   CC                 CRISIL BBB-    35      Reaffirmed
Shrijee Process Engineering Works Ltd   Proposed LT Bk     CRISIL BBB-    5       Assigned
                                        Loan Fac
Soni Auto and Allied Industries Ltd     CC                 CRISIL BBB-    112.5   Reaffirmed
Soni Auto and Allied Industries Ltd     Proposed LT Bk     CRISIL BBB-    215.3   Reaffirmed
                                        Loan Fac
Soni Auto and Allied Industries Ltd     TL                 CRISIL BBB-    4.7     Reaffirmed
Spectra Chemicals                       CC                 CRISIL B       15      Reaffirmed
(Issuer Not Cooperating)
Sri Adhikari Brothers Television        TL                 CRISIL D       750     Reaffirmed
Network Ltd
(Issuer Not Cooperating)
Sri Krishna Metcom Ltd                  CC                 CRISIL BB      100     Reaffirmed
(Issuer Not Cooperating)
Sri Krishna Metcom Ltd                  TL                 CRISIL BB      58.8    Reaffirmed
(Issuer Not Cooperating)
Sri Krishna Metcom Ltd                  Warehouse Receipts CRISIL BB      37.6    Reaffirmed
(Issuer Not Cooperating)
Sundaram Multi Pap Ltd                  CC                 CRISIL D       158.7   Reaffirmed
(Issuer Not Cooperating)
Sundaram Multi Pap Ltd                  Corporate Loan     CRISIL D       157.5   Reaffirmed
(Issuer Not Cooperating)
Sundaram Multi Pap Ltd                  Funded Interest TL CRISIL D       54.3    Reaffirmed
(Issuer Not Cooperating)
Sundaram Multi Pap Ltd                  Proposed LT Bk     CRISIL D       79.5    Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Superking Manufacturers (Tyre) Pvt Ltd  Buyer`s Credit     CRISIL BB      10      -
Superking Manufacturers (Tyre) Pvt Ltd  CC                 CRISIL BB      10      Reaffirmed
Superking Manufacturers (Tyre) Pvt Ltd  Proposed FB Bk     CRISIL BB      42.5    Reaffirmed
                                        Limits
Synthiko Foils Ltd                      CC                 CRISIL BB-     35      Reaffirmed
(Issuer Not Cooperating)
Synthiko Foils Ltd                      Proposed LT Bk     CRISIL BB-     2.5     Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Tekza Ceramic LLP                       TL                 CRISIL B       70      Assigned
Tekza Ceramic LLP                       Proposed LT Bk     CRISIL B       0.5     Assigned
                                        Loan Fac
Tekza Ceramic LLP                       CC                 CRISIL B       30      Assigned
Tirupati Steel Enterprises              CC                 CRISIL BB-     200     Assigned
Totala Textiles Pvt Ltd                 CC                 CRISIL BB-     50      Assigned
Totala Textiles Quality Sizers          CC                 CRISIL BB-     15      Assigned
Totala Textiles Quality Sizers          Rupee TL           CRISIL BB-     63.8    Assigned
Triton Valves Ltd                       CC                 CRISIL BBB+    420     Reaffirmed
Triton Valves Ltd                       LT Loan            CRISIL BBB+    147     Reaffirmed
Triton Valves Ltd                       Proposed FB Bk     CRISIL BBB+    13.1    Reaffirmed
                                        Limits
Triton Valves Ltd                       Proposed TL        CRISIL BBB+    69.9    Reaffirmed
Vallabh Steels Ltd                      CC                 CRISIL BB      405     Reaffirmed
(Issuer Not Cooperating)
Vallabh Steels Ltd                      Proposed LT Bk     CRISIL BB      33      Reaffirmed
                                        Loan Fac
(Issuer Not Cooperating)
Value Point Systems Pvt Ltd             CC                 CRISIL BBB     190     Reaffirmed
VC Motors Pvt Ltd                       CC                 CRISIL BB+     50      Reaffirmed
(Issuer Not Cooperating)
VC Motors Pvt Ltd                       Electronic Dealer  CRISIL BB+     200     Reaffirmed
                                        Financing
                                        Scheme(e-DFS)
(Issuer Not Cooperating)
Vidyasagar Himghar Pvt Ltd              CC                 CRISIL B+      134.3   Reaffirmed
Vidyasagar Himghar Pvt Ltd              TL                 CRISIL B+      31.7    Reaffirmed
Vidyasagar Himghar Pvt Ltd              WC Fac             CRISIL B+      20      Reaffirmed
Vijay Breeding Farm and Hatcheries      CC                 CRISIL B+      52.5    Reaffirmed
Vijay Breeding Farm and Hatcheries      TL                 CRISIL B+      12.7    Reaffirmed
White Circle Mercantile Pvt Ltd         TL                 CRISIL BBB-(SO)1500    Reaffirmed
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.

BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.

(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at
rru.data@thomsonreuters.com)
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below