September 25, 2017 / 7:00 AM / in 24 days

CRISIL ratings for Indian debt instruments-Sep 25

    Sep 25 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of September 22, 2017.


COMPANY                                 INSTRUMENT         RATING         AMOUNT  MOVEMENT
                                                                         (RS.MLN)
------                                  ----------         ------         -----   ---------
SHORT TERM RATINGS:
-------------------
Ajanta India Ltd                        BG                 CRISIL A4      10      Assigned
Ajanta India Ltd                        LOC                CRISIL A4      100     Assigned
Albert David Ltd                        LOC & BG           CRISIL A1      180.1   Reaffirmed
Aquanomics Systems Ltd                  LOC                CRISIL A3+     70      Upgraded from
                                                                                  CRISIL A3
Ashish Infracon Pvt Ltd                 BG                 CRISIL A4+     350     Reaffirmed
Avantel Ltd                             BG                 CRISIL A3      100     Reaffirmed
Avantel Ltd                             Inland/Import LOC  CRISIL A3      60      Reaffirmed
Babu Engineering Corporation            BG                 CRISIL A4+     30      Reaffirmed
Babu Engineering Corporation            Standby Line of    CRISIL A4+     3       Reaffirmed
                                        Credit
Ebco Pvt Ltd                            LOC                CRISIL A2      60      Reaffirmed
Elmatics Engineers Pvt Ltd              BG                 CRISIL A4+     85      Reaffirmed
Enal Drugs Pvt Ltd                      LOC^               CRISIL A4+     40      Reaffirmed
^Bank Guarantee of Rs.30 lakhs is sublimit of Letter of Credit
Epitome Components Pvt Ltd              LOC & BG           CRISIL A3+     150     Reaffirmed
Food and Biotech Engineers India Pvt LtdBG                 CRISIL A4      180     Reaffirmed
Indo Global Commercials Pvt Ltd         BG                 CRISIL A4+     5       Reaffirmed
Indo Global Commercials Pvt Ltd         LOC                CRISIL A4+     110     Reaffirmed
Indo Japan Horologicals Pvt Ltd         Import LOC Limit   CRISIL A4+     20      Assigned
Kaira Can Co. Ltd                       BG                 CRISIL A2+     5       Reaffirmed
Kaira Can Co. Ltd                       Export Packing     CRISIL A2+     20      Reaffirmed
                                        Credit & Export
                                        Bills Negotiation/Foreign Bill discounting
Kaira Can Co. Ltd                       LOC                CRISIL A2+     190     Reaffirmed
Kaira Can Co. Ltd                       Overdraft          CRISIL A2+     25      Reaffirmed
Kapoor Cotsyn Exports                   Foreign Bill       CRISIL A4      50      Reaffirmed
                                        Discounting
Kapoor Cotsyn Exports                   Packing Credit     CRISIL A4      30      Reaffirmed
Khaja Education Society                 BG                 CRISIL A4      80      Reaffirmed
Khaja Education Society                 Proposed NFBL      CRISIL A4      30      Reaffirmed
Kotak Mahindra Prime Ltd                Proposed ST Bk     CRISIL A1+     30000   Reaffirmed
                                        Loan Fac
Kotak Mahindra Prime Ltd                ST Debt Issue*     CRISIL A1+     15000   Assigned
*Assigned for initial/ follow-on public offer financing on episodic basis
Kotak Mahindra Prime Ltd                ST Debt Issue*     CRISIL A1+     20000   Reaffirmed
*Assigned for initial/ follow-on public offer financing on episodic basis
Kotak Mahindra Prime Ltd                ST Debt            CRISIL A1+     90000   Reaffirmed
Krivi Metalex Pvt Ltd                   LOC                CRISIL A4+     100     Upgraded from
                                                                                  CRISIL A4
La-Gajjar Machineries Pvt Ltd           Inland/Import LOC  CRISIL A1$     311.5   Upgraded from
                                                                                  CRISIL A2  
La-Gajjar Machineries Pvt Ltd           Proposed ST Bk     CRISIL A1$     388.5   Upgraded from
                                        Loan Fac                                  CRISIL A2
Lotus Construction Company              BG                 CRISIL A4+     90
Lotus Construction Company              BG                 CRISIL A4+     90      Downgraded
                                                                                  from CRISIL A3
M/s K. R. Solvent                       BG                 CRISIL A4+     4.2     Upgraded from
                                                                                  CRISIL A4
Issuer Not Coperating
Machino Plastics Ltd                    LOC & BG           CRISIL A2      10      Reaffirmed
Maharashtra Paper Company               LOC                CRISIL A4+     77      Reaffirmed
Mahidhara Chemicals Pvt Ltd             LOC                CRISIL A3+     60      Reaffirmed
Malladi Drugs and Pharmaceuticals Ltd   Foreign Bill       CRISIL A2+     312.5   Upgraded from
                                        Discounting                               CRISIL A2
Malladi Drugs and Pharmaceuticals Ltd   Import LOC Limit   CRISIL A2+     125     Upgraded from
                                                                                  CRISIL A2
Malladi Drugs and Pharmaceuticals Ltd   LOC & BG           CRISIL A2+     113     Upgraded from
                                                                                  CRISIL A2
Medi Pharma Drug House                  LOC                CRISIL A4+     375     Reaffirmed
Mithra Engineering Constructions        BG                 CRISIL A4+     25      Reaffirmed
Mithra Engineering Constructions        ST Loan            CRISIL A4+     15      Reaffirmed
MSR Enterprises                         BG                 CRISIL A4+     80      Reaffirmed
N. K. Gade                              BG                 CRISIL A4+     10      Reaffirmed
Omkar Speciality Chemicals Ltd          LOC                CRISIL D       600     Downgraded
                                                                                  from CRISIL
                                                                                  A4+
Privi Organics India Ltd                Non-FBL            CRISIL A2+     1638    Assigned
Rajesh Varkey                           BG                 CRISIL A4+     60      Reaffirmed
Ramniklal S. Gosalia and Co.            LOC                CRISIL A2      1150    Reaffirmed
Rasika Motors Pvt Ltd                   BG                 CRISIL A4+     2.5     Reaffirmed
Royal Constructions                     BG                 CRISIL A4      14      Reaffirmed
Safera Food International               Bill Discounting   CRISIL A4+     110     Reaffirmed
Safera Food International               Packing Credit     CRISIL A4+     70      Reaffirmed
Safera Food International               Proposed ST Bk     CRISIL A4+     10      Reaffirmed
                                        Loan Fac
Shekar Logistics Pvt Ltd                BG                 CRISIL A4      30      Reaffirmed
SRF Ltd                                 CP                 CRISIL A1+     3000    Reaffirmed
(Enhanced From Rs.50 Crore)
Sri Anjani Putra Educational Society    Overdraft          CRISIL A4+     6.5     Assigned
Sri Murugan Firms                       LOC                CRISIL A4      80      Reaffirmed
Stalagmite Infracon Pvt Ltd             BG                 CRISIL A4+     150     Assigned
Sustainable Spinning and Commodities    BG                 CRISIL A4+     30      Upgraded from
Pvt Ltd                                                                           CRISIL A4
Issuer Not Coperating
TMF Holdings Ltd                        ST Debt            CRISIL A1+     20000   Reaffirmed
(Enhanced from Rs.1000 Crore)
Trishan Exports Pvt Ltd                 Foreign Bill       CRISIL A4      20      Reaffirmed
                                        Discounting
Trishan Exports Pvt Ltd                 LOC                CRISIL A4      100     Reaffirmed
Trishan Exports Pvt Ltd                 Packing Credit     CRISIL A4      50      Reaffirmed
Uchit Expressways Pvt Ltd               BG                 CRISIL A3      600     Assigned
Victorian Label Company                 BG                 CRISIL A4      3       Reaffirmed
Vyanktesh Corrugators Pvt Ltd           LOC                CRISIL A4      32.5    Reaffirmed

MEDIUM TERM RATINGS:
-------------------
Kaira Can Co. Ltd                       FD Programme       FA             48.4    Reaffirmed
LONG TERM RATINGS:
-------------------
Agrawal Cotex                           CC                 CRISIL BB-     70      Reaffirmed
Ajanta India Ltd                        CC                 CRISIL C       160     Assigned
Ajanta India Ltd                        TL                 CRISIL C       46      Assigned
Al Waris Exports                        CC                 CRISIL B       16      Assigned
Al Waris Exports                        Proposed WC Fac    CRISIL B       44      Assigned
Albert David Ltd                        CC*                CRISIL A-      350     Reaffirmed
*Interchangeable with packing credit
Albert David Ltd                        Proposed TL        CRISIL A-      6.9     Reaffirmed
Albert David Ltd                        TL                 CRISIL A-      163     Reaffirmed
Alliance Infrastructure Projects Pvt LtdNCD                CRISIL BBB-(SO)1700    Reassigned
Aquanomics Systems Ltd                  CC                 CRISIL BBB     40      Upgraded from
                                                                                  CRISIL BBB-
Arasu Jewels                            CC                 CRISIL B       70      Reaffirmed
Ashish Infracon Pvt Ltd                 CC                 CRISIL BB+     100     Reaffirmed
ATC Beverages Pvt Ltd                   CC                 CRISIL B-      10      Reaffirmed
ATC Beverages Pvt Ltd                   LT Loan            CRISIL B-      158     Reaffirmed
Avantel Ltd                             CC                 CRISIL BBB-    120     Reaffirmed
Babu Engineering Corporation            CC                 CRISIL BB-     17      Reaffirmed
Balaji Enterprises                      CC                 CRISIL BB      250     Reaffirmed
Bhavi Creations                         CC                 CRISIL D       55      Assigned
Bhavi Creations                         Proposed LT Bk     CRISIL D       45      Assigned
                                        Loan Fac
Black Energy India Pvt Ltd              CC                 CRISIL D       110     Reaffirmed
Black Energy India Pvt Ltd              Overdraft          CRISIL D       90      Reaffirmed
Brocade India Polytex Ltd               CC                 CRISIL BB-     55      Upgraded from
                                                                                  CRISIL B+
Brocade India Polytex Ltd               LT Loan            CRISIL BB-     45      Upgraded from
                                                                                  CRISIL B+
Ebco Pvt Ltd                            CC                 CRISIL BBB+    335.9   Reaffirmed
Ebco Pvt Ltd                            TL                 CRISIL BBB+    32.8    Reaffirmed
Elmatics Engineers Pvt Ltd              CC                 CRISIL BB-     15      Reaffirmed
Enal Drugs Pvt Ltd                      CC*                CRISIL BB      50      Upgraded from
                                                                                  CRISIL BB-
*Export Packing Credit of Rs.100 lakhs is sub-limit of Cash Credit
Enal Drugs Pvt Ltd                      LT Loan            CRISIL BB      40      Upgraded from
                                                                                  CRISIL BB-
Enal Drugs Pvt Ltd                      Proposed LT Bk     CRISIL BB      10      Upgraded from
                                        Loan Fac                                  CRISIL BB-
Epitome Components Pvt Ltd              CC                 CRISIL BBB     200     Reaffirmed
Epitome Components Pvt Ltd              LT Loan            CRISIL BBB     30      Reaffirmed
Epitome Components Pvt Ltd              Proposed LT Bk     CRISIL BBB     44.8    Reaffirmed
                                        Loan Fac
Essma Woollen Mills                     CC                 CRISIL B+      60      Reaffirmed
Everest Power Pvt Ltd                   LT Loan            CRISIL D       4600    Downgraded
                                                                                  from CRISIL
                                                                                  BB-
Issuer Not Coperating
Food and Biotech Engineers India Pvt LtdCC                 CRISIL B-      60      Reaffirmed
Food and Biotech Engineers India Pvt LtdLT Loan            CRISIL B-      10      Reaffirmed
Gajanand Ginning and Pressing Pvt Ltd   CC                 CRISIL B+      70      Reaffirmed
Gautami Chemicals and Pesticides Pvt LtdCC                 CRISIL B       65      Reaffirmed
Issuer Not Coperating
Growthpath Solutions Pvt Ltd            CC                 CRISIL B       60      Reaffirmed
Harihara Spincott                       CC                 CRISIL B       48      Reaffirmed
Harihara Spincott                       LT Loan            CRISIL B       27.5    Reaffirmed
Harihara Spincott                       Proposed CC Limit  CRISIL B       24.5    Reaffirmed
Hitachi Consulting Software Services    Proposed LT Bk     CRISIL A+      152.5   Reaffirmed
India Pvt Ltd                           Loan Fac
Indo Global Commercials Pvt Ltd         CC                 CRISIL BB+     120     Reaffirmed
Indo Global Commercials Pvt Ltd         Proposed FB Bk     CRISIL BB+     15      Reaffirmed
                                        Limits
Indo Global Commercials Pvt Ltd         Standby LOC        CRISIL BB+     100     Reaffirmed
Indo Japan Horologicals Pvt Ltd         TL                 CRISIL BB      31      Assigned
Indo Japan Horologicals Pvt Ltd         Proposed FB Bk     CRISIL BB      9       Assigned
                                        Limits
Indo Japan Horologicals Pvt Ltd         CC                 CRISIL BB      35      Assigned
Info Services                           CC                 CRISIL BB-     75      Reaffirmed
Invent Assets Securitisation and        LT Loan            CRISIL BBB-    25      Reaffirmed
Reconstruction Pvt Ltd
Invent Assets Securitisation and        Overdraft          CRISIL BBB-    500     Reaffirmed
Reconstruction Pvt Ltd
Invent Assets Securitisation and        Proposed LT Bk     CRISIL BBB-    475     Reaffirmed
Reconstruction Pvt Ltd                  Loan Fac
Jyoti Processors Pvt Ltd                CC                 CRISIL BB-     105     Reaffirmed
Jyoti Processors Pvt Ltd                Proposed LT Bk     CRISIL BB-     14.7    Reaffirmed
                                        Loan Fac
Jyoti Processors Pvt Ltd                Rupee TL           CRISIL BB-     9       Reaffirmed
Kaira Can Co. Ltd                       CC                 CRISIL A-      125     Reaffirmed
Kaira Can Co. Ltd                       WC Fac             CRISIL A-      150     Reaffirmed
Khaja Education Society                 Overdraft          CRISIL B       30      Reaffirmed
Khaja Education Society                 Proposed FB Bk     CRISIL B       10      Reaffirmed
                                        Limits
Kotak Mahindra Investments Ltd          LT Bk Fac          CRISIL AAA     2000    Reaffirmed
Kotak Mahindra Investments Ltd          Proposed LT Bk     CRISIL AAA     6250    Reaffirmed
                                        Loan Fac
Kotak Mahindra Investments Ltd          WC Demand Loan     CRISIL AAA     6750    Reaffirmed
Kotak Mahindra Prime Ltd                CC & WC demand loanCRISIL AAA     34250   Reaffirmed
Kotak Mahindra Prime Ltd                LT Loan            CRISIL AAA     600     Reaffirmed
Kotak Mahindra Prime Ltd                Proposed LT Bk     CRISIL AAA     35150   Reaffirmed
                                        Loan Fac
Kotak Mahindra Prime Ltd                NCDs               CRISIL AAA     199376  Reaffirmed
Kotak Mahindra Prime Ltd                Subordinated Debt  CRISIL AAA     7911    Reaffirmed
Kotak Mahindra Prime Ltd                Nifty-Linked       CRISIL PP-MLD  3291    Reaffirmed
                                        Debentures         AAAr
Krishu Motor Craft Pvt Ltd              CC                 CRISIL B-      20      Reaffirmed
Krishu Motor Craft Pvt Ltd              Proposed LT Bk     CRISIL B-      15      Reaffirmed
                                        Loan Fac
Krishu Motor Craft Pvt Ltd              TL                 CRISIL B-      40      Reaffirmed
Krivi Metalex Pvt Ltd                   LOC                CRISIL BB-     100     Upgraded from
                                                                                  CRISIL B+
Kuber Agricold Pvt Ltd                  CC                 CRISIL B-      1       Reaffirmed
Kuber Agricold Pvt Ltd                  TL                 CRISIL B-      99      Reaffirmed
La-Gajjar Machineries Pvt Ltd           CC                 CRISIL A$      100     Upgraded from
                                                                                  CRISIL BBB+ 
La-Gajjar Machineries Pvt Ltd           CC & WC demand loanCRISIL A$      670     Upgraded from
                                                                                  CRISIL BBB+
La-Gajjar Machineries Pvt Ltd           LT Loan            CRISIL A$      83      Upgraded from
                                                                                  CRISIL BBB+
La-Gajjar Machineries Pvt Ltd           Proposed LT Bk     CRISIL A$      148.5   Upgraded from
                                        Loan Fac                                  CRISIL BBB+
LavanyaaS Cotton Industries             CC                 CRISIL B+      37.5    Reaffirmed
LavanyaaS Cotton Industries             TL                 CRISIL B+      14.9    Reaffirmed
Lotus Construction Company              Proposed LT Bk     CRISIL BB+     170     Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB-
Lotus Construction Company              Proposed LT Bk     CRISIL BB+     170     Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BBB-
M/s K. R. Solvent                       CC                 CRISIL BB+     130     Upgraded from
                                                                                  CRISIL B
Issuer Not Coperating
M/s K. R. Solvent                       Proposed LT Bk     CRISIL BB+     0.5     Upgraded from
                                        Loan Fac                                  CRISIL B
Issuer Not Coperating
M/s K. R. Solvent                       TL                 CRISIL BB+     65.3    Upgraded from
                                                                                  CRISIL B
Issuer Not Coperating
Machino Plastics Ltd                    CC                 CRISIL BBB+    385     Reaffirmed
Machino Plastics Ltd                    Channel Financing  CRISIL BBB+    100     Reaffirmed
Machino Plastics Ltd                    Proposed LT Bk     CRISIL BBB+    508.4   Reaffirmed
                                        Loan Fac
Machino Plastics Ltd                    TL                 CRISIL BBB+    719.6   Reaffirmed
Maharaja Agro Foods Pvt Ltd             CC                 CRISIL B       70      Reaffirmed
Maharaja Agro Foods Pvt Ltd             TL                 CRISIL B       230     Reaffirmed
Maharashtra Paper Company               CC                 CRISIL BB-     9       Reaffirmed
Maharashtra Paper Company               Proposed LT Bk     CRISIL BB-     2       Reaffirmed
                                        Loan Fac
Mahidhara Chemicals Pvt Ltd             CC                 CRISIL BBB     40      Reaffirmed
Mahidhara Chemicals Pvt Ltd             Proposed LT Bk     CRISIL BBB     35.5    Reaffirmed
                                        Loan Fac
Malladi Drugs and Pharmaceuticals Ltd   CC                 CRISIL A-      450     Upgraded from
                                                                                  CRISIL BBB+
Malladi Drugs and Pharmaceuticals Ltd   Cash TL            CRISIL A-      329.5   Upgraded from
                                                                                  CRISIL BBB+
Malladi Drugs and Pharmaceuticals Ltd   Export Packing     CRISIL A-      270     Upgraded from
                                        Credit                                    CRISIL BBB+
Max Gold                                CC                 CRISIL BB+     120     Reaffirmed
Medi Pharma Drug House                  CC                 CRISIL BB      375     Reaffirmed
Milan Ginning Pressing Pvt Ltd          CC                 CRISIL BB+     200     Upgraded from
                                                                                  CRISIL B
Issuer Not Coperating
Milan Ginning Pressing Pvt Ltd          Proposed LT Bk     CRISIL BB+     4       Upgraded from
                                        Loan Fac                                  CRISIL B
Issuer Not Coperating
Milan Ginning Pressing Pvt Ltd          TL                 CRISIL BB+     10      Upgraded from
                                                                                  CRISIL B
Issuer Not Coperating
Mithra Engineering Constructions        CC                 CRISIL BB-     25      Reaffirmed
Mithra Engineering Constructions        Proposed LT Bk     CRISIL BB-     5       Reaffirmed
                                        Loan Fac
MSR Enterprises                         CC                 CRISIL BB-     29      Reaffirmed
N. K. Gade                              CC                 CRISIL BB-     47.5    Reaffirmed
Omkar Agrotech Pvt Ltd                  CC                 CRISIL BB-     150     Reaffirmed
Omkar Agrotech Pvt Ltd                  Proposed LT Bk     CRISIL BB-     5.2     Reaffirmed
                                        Loan Fac
Omkar Agrotech Pvt Ltd                  Standby Line of    CRISIL BB-     20      Reaffirmed
                                        Credit
Omkar Agrotech Pvt Ltd                  TL                 CRISIL BB-     24.8    Reaffirmed
Omkar Speciality Chemicals Ltd          CC                 CRISIL D       710     Downgraded
                                                                                  from CRISIL
                                                                                  BB+
Omkar Speciality Chemicals Ltd          External           CRISIL D       367     Downgraded
                                        Commercial                                from CRISIL
                                        Borrowings                                BB+
Omkar Speciality Chemicals Ltd          Proposed LT Bk     CRISIL D       863     Downgraded
                                        Loan Fac                                  from CRISIL
                                                                                  BB+
Omkar Speciality Chemicals Ltd          TL                 CRISIL D       10      Downgraded
                                                                                  from CRISIL
                                                                                  BB+
P.K. Cold Storage                       Overdraft          CRISIL B-      60      Reaffirmed
P.K. Cold Storage                       TL                 CRISIL B-      20      Reaffirmed
Parvati Cotton Industries - Beed        CC                 CRISIL B       90      Reaffirmed
Plaudit Techno India Pvt Ltd            CC                 CRISIL BB-     65      Assigned
Prima Kleenseed Processors Pvt Ltd      LT Loan            CRISIL B-      50.3    Reaffirmed
Prima Kleenseed Processors Pvt Ltd      Proposed LT Bk     CRISIL B-      9.7     Reaffirmed
                                        Loan Fac
Privi Organics India Ltd                FB Fac             CRISIL A-      2100    Assigned
Privi Organics India Ltd                Proposed LT Bk     CRISIL A-      133.9   Assigned
                                        Loan Fac
Privi Organics India Ltd                TL                 CRISIL A-      598.6   Assigned
Raja Food Products                      CC                 CRISIL B       66      Reaffirmed
Raja Food Products                      Proposed LT Bk     CRISIL B       25      Reaffirmed
                                        Loan Fac
Raja Food Products                      TL                 CRISIL B       9       Reaffirmed
Rajesh Varkey                           CC                 CRISIL BB-     10      Reaffirmed
Rajlabdhi Infrastructure Pvt Ltd        TL                 CRISIL D       200     Reaffirmed
Ramesh Corporation                      CC                 CRISIL BB+     170     Reaffirmed
Ramniklal S. Gosalia and Co.            CC                 CRISIL BBB+    50      Reaffirmed
Rasika Motors Pvt Ltd                   CC                 CRISIL BB      10.5    Reaffirmed
Rasika Motors Pvt Ltd                   Inventory Funding  CRISIL BB      146     Reaffirmed
                                        Fac
Rasika Motors Pvt Ltd                   Proposed LT Bk     CRISIL BB      1       Reaffirmed
                                        Loan Fac
Rodas Impex Pvt Ltd                     CC                 CRISIL B+      123.5   Reaffirmed
Rodas Impex Pvt Ltd                     LT Loan            CRISIL B+      23      Reaffirmed
Royal Constructions                     CC                 CRISIL B+      40      Reaffirmed
Royal Constructions                     Proposed LT Bk     CRISIL B+      1       Reaffirmed
                                        Loan Fac
S R Overseas - Panipat                  CC                 CRISIL B+      39      Reaffirmed
S R Overseas - Panipat                  TL                 CRISIL B+      39.6    Reaffirmed
Sanjay Commercial Company               Buyer`s Credit*    CRISIL BB+     252.5   Reaffirmed
*Interchangeable with letter of credit facility
Sanjay Commercial Company               CC                 CRISIL BB+     5       Reaffirmed
Santosh Fine-Fab Ltd                    CC                 CRISIL BB      55      Reaffirmed
Santosh Fine-Fab Ltd                    Standby Line of    CRISIL BB      5       Reaffirmed
                                        Credit
Sarath Enterprises                      CC                 CRISIL B+      45      Reaffirmed
Sarath Enterprises                      Packing Credit     CRISIL B+      30      Reaffirmed
Shakti Agencies Pvt Ltd                 CC                 CRISIL BB+     440     Reaffirmed
Shekar Logistics Pvt Ltd                CC                 CRISIL B       130     Reaffirmed
Shekar Logistics Pvt Ltd                Proposed LT Bk     CRISIL B       236.6   Reaffirmed
                                        Loan Fac
Shekar Logistics Pvt Ltd                Standby Line of    CRISIL B       10      Reaffirmed
                                        Credit
Shekar Logistics Pvt Ltd                TL                 CRISIL B       120.7   Reaffirmed
Shri Kalyan Buildmart Pvt Ltd           Proposed LT Bk     CRISIL B-      526.6   Reaffirmed
                                        Loan Fac
Shri Kalyan Buildmart Pvt Ltd           TL                 CRISIL B-      373.4   Reaffirmed
Shyam Ginning and Pressing Pvt Ltd      CC                 CRISIL B       275     Reaffirmed
Shyam Ginning and Pressing Pvt Ltd      Proposed LT Bk     CRISIL B       25      Reaffirmed
                                        Loan Fac
Siddhi Steels                           CC                 CRISIL B       57.5    Reaffirmed
Siddhi Steels                           Proposed LT Bk     CRISIL B       22.5    Reaffirmed
                                        Loan Fac
SRF Ltd                                 NCD                CRISIL AA+     3000    Reaffirmed
SRH Motors Pvt Ltd                      CC                 CRISIL BB-     65      Reaffirmed
SRH Motors Pvt Ltd                      Drop Line          CRISIL BB-     5       Reaffirmed
                                        Overdraft Fac
Sri Anjani Putra Educational Society    TL                 CRISIL BB-     85      Assigned
Sri Anjani Putra Educational Society    Proposed LT Bk     CRISIL BB-     8.5     Assigned
                                        Loan Fac
Sri Murugan Firms                       CC                 CRISIL B-      18      Reaffirmed
Sri Murugan Firms                       Proposed LT Bk     CRISIL B-      2       Reaffirmed
                                        Loan Fac
Sri Venkateswara Vidya Peeth            LT Loan            CRISIL B+      256.6   Upgraded
                                                                                  from CRISIL B-
Sri Venkateswara Vidya Peeth            Secured Overdraft  CRISIL B+      25      Upgraded
                                        Fac                                       from CRISIL B-
Stalagmite Infracon Pvt Ltd             CC                 CRISIL BB      60      Assigned
Sustainable Spinning and Commodities    CC                 CRISIL BB+     80      Upgraded from
Pvt Ltd                                                                           CRISIL B
Issuer Not Coperating
Sustainable Spinning and Commodities    TL                 CRISIL BB+     540     Upgraded from
Pvt Ltd                                                                           CRISIL B
Issuer Not Coperating
Syndicate Jewellers                     CC                 CRISIL BB-     150     Reaffirmed
Syndicate Jewellers Pvt Ltd             CC                 CRISIL BB-     620     Reaffirmed
TMF Holdings Ltd                        NCD                CRISIL AA      20000   Reaffirmed
Uchit Expressways Pvt Ltd               LT Loan            CRISIL BBB-    10540   Assigned
Victorian Label Company                 CC                 CRISIL B+      5       Reaffirmed
Victorian Label Company                 Proposed LT Bk     CRISIL B+      19.9    Reaffirmed
                                        Loan Fac
Victorian Label Company                 TL                 CRISIL B+      42.1    Reaffirmed
Vindhya Shiksha Samiti Balaghat         TL                 CRISIL BB+     70      Reaffirmed
Virupa Renewable Energy Pvt Ltd         Proposed LT Bk     CRISIL B+      2.5     Assigned
                                        Loan Fac
Virupa Renewable Energy Pvt Ltd         TL                 CRISIL B+      97.5    Assigned
Vishal Automobiles                      CC                 CRISIL B+      49.5    Reaffirmed
Vishal Automobiles                      TL                 CRISIL B+      10      Reaffirmed
Vyanktesh Corrugators Pvt Ltd           CC                 CRISIL B+      80      Reaffirmed
YM Motors Pvt Ltd                       Proposed LT Bk     CRISIL B-      195     Reaffirmed
                                        Loan Fac
YM Motors Pvt Ltd                       TL                 CRISIL B-      100     Reaffirmed
YM Motors Pvt Ltd                       WC Fac             CRISIL B-      185     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)

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  • 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