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ICRA ratings for Indian debt instruments-Dec 16
December 16, 2016 / 9:49 AM / a year ago

ICRA ratings for Indian debt instruments-Dec 16

Dec 16 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating
Agency Ltd. (ICRA) for local debt instruments as of December 15, 2016.


COMPANY                                 INSTRUMENT            RATING      AMOUNT   MOVEMENT
                                                                          (RS.MLN)
------                                  ----------            ------      -----    ---------
SHORT TERM RATINGS:
-------------------
Edelweiss Finance &                     CP Programme (IPO     ICRA A1+     10000   Assigned
Investments Ltd                         financing)
Edelweiss Financial Services            CP Programme (IPO     ICRA A1+     30000   Assigned
Ltd                                     Financing)
Gurutek Estate Pvt. Ltd.                non fund based BG Fac ICRA A4      40      Assigned
Kribhco Infrastructure Ltd              CP                    ICRA         200     Assigned
                                                              A1+(SO)
Planetcast Media Services Ltd           ST NFBL (BG/LC)       ICRA A1      260     Reaffirmed
Planetcast Technologies Ltd             NFBL                  ICRA A1      386     Reaffirmed
Siddhi Industries                       Demand Loan           ICRA A4      25      Suspended
Sri Seetharama Constructions            NFBL                  ICRA A4      69      Suspended
Swiss Glascoat Equipments Ltd           BG                    ICRA A3+     80      #
Swiss Glascoat Equipments Ltd           LOC                   ICRA A3+     70      #
Swiss Glascoat Equipments Ltd           Credit Exposure Limit ICRA A3+     2.2     #

LONG TERM RATINGS:
-------------------
Aarush Building Materials Pvt           Bk Fac                ICRA BB- /   160     Suspended
Ltd                                                           ICRA A4
Andhra Pradesh Central Power            Bk Fac                ICRA B /     16320   Suspended
Distribution Co. Ltd                                          ICRA A4
Creative Thermolite Power Pvt           Bk Fac                ICRA B       540     Suspended
Ltd
Forel Labs Pvt Ltd                      Bk Fac                ICRA B /     265     Suspended
                                                              ICRA A4
Gaurav Aircon Computers Pvt Ltd         Bk Fac                ICRA B+ /A4  73      Suspended
Guru Ramdas Ji Stone Crusher            Bk Fac                ICRA B       56.8    Suspended
Gurutek Estate Pvt. Ltd.                LT facility           ICRA B       160     Withdrawn
Hindusthan Microfnance Pvt Ltd          Bk Fac                ICRA BB-     700     Suspended
IFMR Capital Finance Pvt Ltd            NCDs                  ICRA A+(SO)  -       Withdrawn
--------------------------------------------------------------------------------------------
$: 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

ICRA 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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