(Repeating to add additional ratings as of October 19, 2018)
Oct 22 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating
Agency Ltd. (ICRA) for local debt instruments as of October 19, 2018.
COMPANY INSTRUMENT RATING AMOUNT MOVEMENT
(RS.MLN)
------ ---------- ------ ----- ---------
SHORT TERM RATINGS:
-------------------
IIFL Wealth Finance Ltd CP programme (IPO ICRA A1+ - Withdrawn
financing)
IIFL Wealth Finance Ltd CP programme ICRA A1+ 55000 outstanding
IIFL Wealth Management Ltd CP programme (IPO ICRA A1+ - Withdrawn
financing)
IIFL Wealth Management Ltd CP programme ICRA A1+ 5000 outstanding
IL&FS Securities Services Ltd CP programme ICRA A1+& 12000
placed under watch with developing implications
Il&Fs Securities Services Ltd ST Bk lines ICRA A1+& 3500
placed under watch with developing implications
Jassmine Enterprises ST – Fund Based ICRA D 60 Downgraded
from ICRA A4
(Issuer Not Cooperating),Continues to remain under NDS Non-cooperation
Ksb Ltd ST – FB ICRA A1+ 566 Reaffirmed
Ksb Ltd ST – Non-fund based ICRA A1+ 1510 Reaffirmed
Pragya Securities Pvt Ltd ST fund based Bk linesICRA A3 30 Reaffirmed
Pragya Securities Pvt Ltd ST non-fund based Bk ICRA A3 150 Reaffirmed
lines
Ravi Microns Llp BG ICRA A4 8 Assigned
Shapoorji Pallonji Oil And Gas CP Provisional 2000 Reassigned
Pvt Ltd ICRA A1+(SO) from ICRA A1
G N Altech Non-fund Based Forex ICRA A4+ 20
exchange exposure
Upgraded from ICRA A4
LONG TERM RATINGS:
-------------------
IIFL Wealth Finance Ltd NCD programme ICRA AA 3000 outstanding
IIFL Wealth Finance Ltd Unsecured NCD ICRA AA 6500 outstanding
programme
IIFL Wealth Finance Ltd LT principal PP-MLDICRA 27500 outstanding
protected market AA
linked debenture programme
IIFL Wealth Finance Ltd LT principal PP-MLDICRA 5000 outstanding
protected market AA
linked debenture programme
IIFL Wealth Management Ltd Secured NCD programme ICRA AA 1000 outstanding
Jai Maakali Fish Farms Pvt Ltd CC ICRA D 450 Revised from
ICRA B-
(Issuer Not Cooperating)
Jassmine Enterprises LT – Fund Based CC ICRA D 100 Downgraded
from ICRA BB-
(Issuer Not Cooperating),Continues to remain under NDS Non-cooperation
Ksb Ltd LT – FB ICRA AA 91.5 Reaffirmed
Ravi Microns Llp TL ICRA B+ 90 Assigned
Ravi Microns Llp CC ICRA B+ 40 Assigned
Shapoorji Pallonji Oil And Gas Non-FBL ICRA AA-(S) - Outstanding
Pvt Ltd / ICRA
A1+(S)
Shapoorji Pallonji Oil And Gas Non-FBL Provisional - Outstanding
Pvt Ltd ICRA AA-(S)
/ Provisional ICRA A1+(S)
G N Altech FB TL ICRA BB 0.8
Upgraded from ICRA BB-
G N Altech FB CC ICRA BB 26
Upgraded from ICRA BB-
G N Altech Unallocated limit ICRA BB/ A4+ 23.7
Upgraded from ICRA BB- /A4
Sonata Finance Pvt Ltd- Aruvi PTC Series A1 ICRA A(SO) 135.7 Reaffirmed
Ifmr Capital 2017
Sonata Finance Pvt Ltd- Aruvi PTC Series A2 ICRA BBB(SO) 17.3 Reaffirmed
Ifmr Capital 2017
Sonata Finance Pvt Ltd- PTC Series A1 ICRA A+(SO) 39.6
Ellaria Northern Arc 2018
Upgraded from ICRA A(SO)
Sonata Finance Pvt Ltd- PTC Series A2 ICRA BBB(SO) 15.5
Ellaria Northern Arc 2018
Upgraded from ICRA BBB-(SO)
Sonata Finance Pvt Ltd- PTC Series A1 ICRA A-(SO) 371.7 Reaffirmed
Vivriti Casemiro 005 2018
Sonata Finance Pvt Ltd- PTC Series A2 ICRA BBB(SO) 7.7 Reaffirmed
Vivriti Casemiro 005 2018
Sonata Finance Pvt Ltd- PTC Series A1 ICRA A-(SO) 131 Reaffirmed
Vivriti Delph 006 2018
--------------------------------------------------------------------------------------------
$: 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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