January 31, 2020 / 11:15 AM / in 20 days

RPT-ICRA ratings for Indian debt instruments-Jan 31

 (Repeating to add more ratings)
    Jan 31 - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd.
(ICRA) for local debt instruments as of January 30, 2020.

COMPANY                                 INSTRUMENT            RATING      AMOUNT   MOVEMENT
                                                                          (RS.MLN)
------                                  ----------            ------      -----    ---------
SHORT TERM RATINGS:
-------------------
Adam & Coal Resources Pvt Ltd           ST – Non-Fund Based   ICRA A4+     850     Reaffirmed
Rating removed from Issuer Not Cooperating category
Atal Tea Co. (1943) Ltd                 Non-fund basedBG      ICRA A4      5       -
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Bms Projects                            Non - FBL – BG        ICRA A4      40      -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Dott Services Ltd                       ST - Non-fund based   ICRA A4+     363     Reaffirmed
Removed from issuer not cooperating category
Dott Services Ltd                       ST – Unallocated      ICRA A4+     637     Reaffirmed
Removed from issuer not cooperating category
Hpcl-Mittal Energy Ltd                  CP CPA                ICRA A1+     15000   Reaffirmed
Reaffirmed
Iqbal Construction Company              Non-Fund based - BG   ICRA A4+     170     Withdrawn
Joseph Leslie & Company Llp             Non-Fund Based – LOC  ICRA A4      1       -
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Joseph Leslie & Company Llp             Non-Fund Based – BG   ICRA A4      20      -
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Lakshmi Ganapathi Rice Mill             ST – Interchangeabl   ICRA A4+     -       Reaffirmed
Maestro Fashions                        ST- Non fund based    ICRA A4+     5       Reaffirmed
Nikhil Adhesives Ltd                    ST Non-FB LOC Limits  ICRA A4+     -       Withdrawn
Issuer Not Cooperating category,#Includes fund-based overdraft sub-limit of Rs. 3.00 crore and
cash credit sub-limit of Rs. 2.00 crore rated ICRA BB+(Stable)/ICRA A4+ 
Nikhil Adhesives Ltd                    ST Non-FB BG Limits   ICRA A4+     20      Withdrawn
Issuer Not Cooperating category
Pioneer Tea & Exports Ltd               Non - FBL             ICRA A4      4       -
Rating continues to remain under ‘Issuer Not Cooperating’ category
R K Wire Products Ltd.                  Non-Fund Based – LOC  ICRA A4      80      Withdrawn
Issuer Not Cooperating category
R K Wire Products Ltd.                  Non-Fund Based – BG   ICRA A4      90      Withdrawn
Issuer Not Cooperating category
Reitzel India Pvt Ltd                   Fund Based            ICRA A3      170     -
Reason for delay in carrying out periodic review: - Review process is underway
Reitzel India Pvt Ltd                   Non-Fund Based        ICRA A3      95      -
Reason for delay in carrying out periodic review: - Review process is underway
S.K. Exports                            Fund Based – Packing  ICRA A4      78.5    -
                                        Credit
Rating moved to the ‘Issuer Not Cooperating’ category
S.K. Exports                            Non fund Based – LOC  ICRA A4      2.5     -
Rating moved to the ‘Issuer Not Cooperating’ category
S.K. Exports                            Unallocated           ICRA A4      14      -
Rating moved to the ‘Issuer Not Cooperating’ category
Sagar International                     Fund based-Foreign    ICRA A4      140     -
                                        Documentary Bill
                                        Purchase
Rating continues to remain under ‘Issuer Not Cooperating’ category
Sagar International                     Fund based-Export     ICRA A4      -       -
                                        Packing Credit
Rating continues to remain under ‘Issuer Not Cooperating’ category
Sagar International                     Foreign LOC           ICRA A4      30      -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Sagar International                     Derivative Exposure   ICRA A4      10      -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Sainor Laboratories Pvt Ltd             Non-fund based – LOC  ICRA A3      80      Upgraded
                                                                                   from ICRA A4+
Sanghavi Foods Pvt Ltd                  ST – Interchangeable  ICRA A3      -       Withdrawn
Sap Industries                          Fund based facility   ICRA A4      5       -
Issuer Not Cooperating
Sap Industries                          Non-fund based        ICRA A4      52.5    -
                                        facility
Issuer Not Cooperating
Sap Industries                          Fund based facility   ICRA A4      5       -
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Sap Industries                          Non-fund based        ICRA A4      52.5    -
                                        facility
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Sharavathy Conductors Pvt Ltd           ST – Non-fund based-  ICRA A3      520     -
                                        BG
Reason for delay in carrying out periodic review: Review process is underway
Sharavathy Conductors Pvt Ltd           ST- Non-fund based-   ICRA A3      400     -
                                        LOC
Reason for delay in carrying out periodic review: Review process is underway
Smile Ceramic                           Non-fund based BG     ICRA A4      5       -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Somani Ispat Pvt Ltd                    ST- Non-Fund based    ICRA A3      150     Reaffirmed
Somani Ispat Pvt Ltd                    ST- Fund based        ICRA A3      100     Reaffirmed
Sri Narayani Plastics Pvt Ltd           ST – Interchangeable**ICRA A4      -       Assigned
** sub-limits to CC
The Indian Card Clothing Co.            ST, Non FB            ICRA A4+     20      -
Ltd
Vibracoustic India Pvt Ltd              Fund based/ ST        ICRA A1+     100     -
Reason for delay in carrying out periodic review Issuer delayed in giving information
Sogefi Engine Systems India             ST- Fund based        ICRA A1+     300     -
Pvt Ltd
(Reason for delay in carrying out periodic review: Review process is underway)
Sogefi Engine Systems India             STInterchangeable (LC)ICRA A1+     -       -
Pvt Ltd
(Reason for delay in carrying out periodic review: Review process is underway)
Swelect Energy Systems Ltd              ST Non-FB Fac         ICRA A2+     250     -
(Reason for delay in carrying out periodic review: Review process underway)
Swelect Energy Systems Ltd              ST Sub Limit Fac      ICRA A2+     -       -
(Reason for delay in carrying out periodic review: Review process underway)

 

LONG TERM RATINGS:
-------------------
Adam & Coal Resources Pvt Ltd           LT / ST – FB/NFB      ICRA BB+     100     Reaffirmed
                                                              (Stable) /
                                                              ICRA A4+
Rating removed from Issuer Not Cooperating category
Alapatt Jewellery (House Of             LT - FB Fac           ICRA         55      -
Alapatt)                                                      BB-(Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Armania Agro Industries                 Fund based-TL         ICRA B       17.8    -
                                                              (Stable)
Rating continues to remain under ‘Issuer Not Cooperating’ category
Armania Agro Industries                 Fund based-CC         ICRA B       70      -
                                                              (Stable)
Rating continues to remain under ‘Issuer Not Cooperating’ category
Armania Agro Industries                 Unallocated           ICRA B       3.5     -
                                                              (Stable)
Rating continues to remain under ‘Issuer Not Cooperating’ category
Atal Tea Co. (1943) Ltd                 Fund based-CC         ICRA B-      92.5    -
                                                              (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Bms Projects                            FBL – CC              ICRA B-      50      -
                                                              (Stable)
Rating continues to remain under ‘Issuer Not Cooperating’ category
Bms Projects                            Unallocated Limit     ICRA B-      10      -
                                                              (Stable)/
                                                              ICRA A4
Ratings continue to remain under ‘Issuer Not Cooperating’ category Rating Action
Burakia Steel & Alloys                  Fund based – TL       ICRA B+      28      -
                                                              (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Burakia Steel & Alloys                  Fund based – Working  ICRA B+      15      -
                                        Capital TL            (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Burakia Steel & Alloys                  Fund based – Open CC  ICRA B+      50      -
                                                              (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Capital Trade Links Ltd                 Issuer Rating         ICRA BB-     -       Withdrawn
                                                              (Stable)
Reason for delay in carrying out periodic review – Issuer not cooperating
Citrus Alpha Marine Llp                 BLR                   ICRA BB-     600     -
                                                              (Stable)/A4
Cornerview Constructions &              NCD                   ICRA BB-     700
Developers Pvt Ltd                                            (Stable)
Disha Communications Pvt Ltd            Fund Based            ICRA BB+     92.5    -
                                                              (Stable)
Reason for delay in carrying out periodic review: - Issuer delayed in giving information
Disha Communications Pvt Ltd            Non-Fund Based        ICRA BB+     6.5     -
                                                              (Stable)
Reason for delay in carrying out periodic review: - Issuer delayed in giving information
Divine Alloys & Power Co. Ltd           TL                    ICRA D       2094.6  -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Divine Alloys & Power Co. Ltd           CC                    ICRA D       997.4   -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Divine Alloys & Power Co. Ltd           WCTL                  ICRA D       727.8   -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Divine Alloys & Power Co. Ltd           FITL                  ICRA D       611     -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Divine Alloys & Power Co. Ltd           NTL                   ICRA D       180     -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Divine Alloys & Power Co. Ltd           Untied limits         ICRA D       9.1     -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Finolite Ceramic                        Unallocated limits    ICRA D /     235     Downgraded
                                                              ICRA D               from ICRA
                                                                                   B(Stable/ICRA
                                                                                   A4 and 
                                                                                   imultaneously
                                                                                   Withdrawn
Issuer Not Cooperating category
Four Wheels Auto Pvt Ltd                LT Fund based - CC    ICRA         70      Reaffirmed
                                                              B+(Stable)
Four Wheels Auto Pvt Ltd                LT Fund based - TL    ICRA         30      Reaffirmed
                                                              B+(Stable)
Government Of Telangana                 LT Debt Programme     Provisional  50000   Withdrawn
Entities                                (Proposed)            ICRA A(CE)
                                                              (Stable)
Hbs Realtors Pvt Ltd                    NCD programme         ICRA D       535.6   -
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Hdfc Ergo General Insurance             Subordinated debt     ICRA         3500    Reaffirmed
Co. Ltd                                 programme             AAA(Stable)
Hecate Warehousing Pvt Ltd              FB - TL               ICRA A-      1910    Assigned /
                                                              (Stable)             Outstanding
Hiranya Builders Pvt Ltd                LT – Fund based-      ICRA D       30      -
                                        overdraft
Reason for delay in carrying out periodic review: - Review process is underway
Hiranya Builders Pvt Ltd                LT- Fund Based- TL    ICRA D       135.4   -
Reason for delay in carrying out periodic review: - Review process is underway
Hiranya Builders Pvt Ltd                Unallocated Limited   ICRA D       9.6     -
Reason for delay in carrying out periodic review: - Review process is underway
Hpcl-Mittal Energy Ltd                  TL                    ICRA AA+     134410  Reaffirmed
                                                              (Stable)
Hpcl-Mittal Energy Ltd                  LT Bond Programme     ICRA AA+     2218    Reaffirmed
                                                              (Stable)
Hpcl-Mittal Energy Ltd                  LT Bond Programme     ICRA AA+     10000   Reaffirmed
                                                              (Stable)
Hpcl-Mittal Pipelines Ltd               LT Bond Programme     ICRA AA+     2230    Reaffirmed
                                                              (Stable)
Iqbal Construction Company              Fund based - CC       ICRA BB      30      Withdrawn
                                                              (Stable)
Irm Pvt Ltd (Erstwhile Irm Ltd)         NFB - BG              ICRA BBB -   100     Reaffirmed
                                                              (Stable) /
                                                              ICRA A3
Irm Pvt Ltd (Erstwhile Irm Ltd)         FB/ NFB-Unallocated   ICRA BBB-    99.9    Reaffirmed
                                        Limits                (Stable) /
                                                              ICRA A3
Irm Pvt Ltd (Erstwhile Irm Ltd)         FB-TL                 ICRA         94.2    Reaffirmed
                                                              BBB-(Stable)
Irm Pvt Ltd (Erstwhile Irm Ltd)         FB-Working Capital    ICRA         350     Reaffirmed
                                        Limits                BBB-(Stable)
Jai Maharashtra Nagar                   NCDs                  ICRA D       780     -
Development Pvt Ltd
Reason for delay in carrying out periodic review: - Review process is underway
Jassmine Enterprises                    BLR                   ICRA D       160     -
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Joseph Leslie & Company Llp             Fund based - CC       ICRA         52.5    -
                                                              B+(Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Joseph Leslie & Company Llp             Unallocated limit     ICRA         12.5    -
                                                              B+(Stable)
                                                              / ICRA A4
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Kandala Distributors                    LT- Fund based- CC    ICRA BB+     60      Reaffirmed
                                                              (Stable)
Kfin Technologies Pvt Ltd               NCD Programme         ICRA AA-     4000    -
                                                              (Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Lakshmi Ganapathi Rice Mill             LT – Fund Based/ CC   ICRA         300     Reaffirmed
                                                              BB+(Stable)
Landcraft Developers Pvt Ltd            LT Fundbased – TL     ICRA BB+     2620    -
                                                              (Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Landcraft Developers Pvt Ltd            Unallocated Limits    ICRA BB+     30      -
                                                              (Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Laxminarayan Industries                 BLR                   ICRA BB      72.4    -
                                                              (Stable)
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Maa Shitala Agro Pvt Ltd                FBL – CC              ICRA B+      115     -
                                                              (Stable)
Issuer Not Cooperating category
Maa Shitala Agro Pvt Ltd                Non - FBL – BG        ICRA B+      2.4     -
                                                              (Stable)
Issuer Not Cooperating category
Maa Shitala Agro Pvt Ltd                Unallocated Limit     ICRA B+      62.6    -
                                                              (Stable)
Issuer Not Cooperating category
Madhusudan Threads                      BLR                   ICRA BB      165     -
                                                              (Stable)
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Maestro Fashions                        LT- Fund based- CC    ICRA BB+     105     Reaffirmed
                                                              (Stable)
Miraya Realty Pvt Ltd                   NCDs                  ICRA B+      375     -
                                                              (Stable)
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Nikhil Adhesives Ltd                    LT FB CC Limits       ICRA         200     Withdrawn
                                                              BB+(Stable)
Issuer Not Cooperating category
Nikhil Adhesives Ltd                    Public Deposits       MB+ (Stable) 35      Withdrawn
Rating placed on notice of withdrawal for six months,(Issuer Not Cooperating category)
Partap Industries Ltd                   LT FB/ CC             ICRA BBB+    300     Reaffirmed
                                                              (Negative)
Partap Industries Ltd                   LT FB TL              ICRA BBB+    571     Reaffirmed
                                                              (Negative)
Partap Industries Ltd                   LT/ST Non-fund Based  ICRA BBB+    40      Reaffirmed
                                                              (Negative)
                                                              / ICRA A2
Partap Industries Ltd                   LT/ST Unallocated     ICRA BBB+    19      Reaffirmed
                                                              (Negative)
                                                              /ICRA A2
Patratu Vidyut Utpadan Nigam            Non-FB Fac            ICRA A-      4876    Reaffirmed
Ltd                                                           (Stable)
Patratu Vidyut Utpadan Nigam            Unallocated           ICRA A-      124     Reaffirmed
Ltd                                                           (Stable)
Pioneer Tea & Exports Ltd               FBL                   ICRA B+      43.9    -
                                                              (Stable)
Rating continues to remain under ‘Issuer Not Cooperating’ category
Pioneer Tea & Exports Ltd               Untied Limits         ICRA B+      21      -
                                                              (Stable)/
                                                              ICRA A4
Rating continues to remain under ‘Issuer Not Cooperating’ category
Pride & Expert Properties Pvt           Fund based- Overdraft ICRA BB      200     Reaffirmed
Ltd                                                           (Stable)
Pride & Expert Properties Pvt           Unallocated Trust NameICRA BB      200     Reaffirmed
Ltd                                                           (Stable)
Psa Sical Terminals Ltd                 LT: Non-FB limits     ICRA BBB     1000    -
                                                              (Stable)
Issuer delayed in giving information
R K Wire Products Ltd.                  Fund Based – CC       ICRA BB      30      Withdrawn
                                                              (Stable)
Issuer Not Cooperating category
Reitzel India Pvt Ltd                   Unallocated           ICRA BBB -   135     -
                                                              (Negative)
                                                              / A3
Reason for delay in carrying out periodic review: - Review process is underway
Sai Swadhin Commercials Pvt Ltd         FB Limit – TL         ICRA D       37.5    -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Sai Swadhin Commercials Pvt Ltd         FB Limit – CC         ICRA D       50      -
Rating continues to remain under ‘Issuer Not Cooperating’ category
Sainor Laboratories Pvt Ltd             Fund based- CC        ICRA BBB-    60      Upgraded
                                                              (Stable)             from ICRA
                                                                                   BB+ (Stable)
Sainor Laboratories Pvt Ltd             Unallocated Limits    ICRA BBB-    40      Upgraded
                                        Previous              (Stable) /           from ICRA
                                                              ICRA A3              BB+ (Stable)
/ ICRA A4+
Sakthi Auto Motors Ltd                  Term-Loans            ICRA BB+     150     -
                                                              (CE)(Stable)
Reason for delay in carrying out periodic review: Information yet to be issued from Issuer
Sakthi Auto Motors Ltd                  LT FB Fac             ICRA BB+     100     -
                                                              (CE)(Stable)
Reason for delay in carrying out periodic review: Information yet to be issued from Issuer
Sanghavi Foods Pvt Ltd                  LT, Fund Based – CC   ICRA BBB-    135     Withdrawn
                                                              (Stable)
Sanghavi Foods Pvt Ltd                  LT/ST – Unallocated   ICRA BBB-    37      Withdrawn
                                        amount                (Stable) /
                                                              ICRA A3
Sanghavi Foods Pvt Ltd                  LT, Fund Based – TL   ICRA         28      Withdrawn
                                                              BBB-(Stable)
Sap Industries                          Unallocated facility  ICRA B       17.5    -
                                                              (Stable) /
                                                              ICRA A4
Issuer Not Cooperating
Sap Industries                          CC                    ICRA         25      -
                                                              B(Stable)
Issuer Not Cooperating
Sap Industries                          CC                    ICRA         25      -
                                                              B(Stable)
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Sap Industries                          Unallocated facility  ICRA         17.5    -
                                                              B(Stable) /
                                                              ICRA A4
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Sharavathy Conductors Pvt Ltd           LT – fund based CC    ICRA BBB-    104.5   -
                                        Facility              (Stable)
Reason for delay in carrying out periodic review: Review process is underway
Sharavathy Conductors Pvt Ltd           LT- Fund based- TL    ICRA BBB-    8.3     -
                                                              (Stable)
Reason for delay in carrying out periodic review: Review process is underway
Sharavathy Conductors Pvt Ltd           Unallocated Limits    ICRA BBB-    1.7     -
                                                              (Stable)/A3
Reason for delay in carrying out periodic review: Review process is underway
Shiv Kripa Build Estate Pvt Ltd         LT Fundbased          ICRA BBB     550     -
                                                              (Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Shri Madhusudan Dyeing And              BLR                   ICRA BB      68.7    -
Printing Mills Pvt Ltd                                        (Stable) /
                                                              ICRA A4+
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Shri Madhusudan Rayons Pvt Ltd          BLR                   ICRA BB+     242.8   -
                                                              (Stable) /
                                                              ICRA A4+
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Smile Ceramic                           Fund based-CC         ICRA B+      40      -
                                                              (Stable)
Rating continues to remain under ‘Issuer Not Cooperating’ category
Smile Ceramic                           Fund based-TL         ICRA B+      6.8     -
                                                              (Stable)
Rating continues to remain under ‘Issuer Not Cooperating’ category
Smile Ceramic                           Unallocated           ICRA         33.2    -
                                                              B+(stable)
                                                              / ICRA A4
Rating continues to remain under ‘Issuer Not Cooperating’ category
Snam Abrasives Pvt Ltd                  TL                    ICRA BBB+    53.4    -
                                                              (SO)
                                                              (Stable)
Reason for delay in carrying out periodic review: Review process is underway
Snam Abrasives Pvt Ltd                  TL                    ICRA BBB+    53.4    -
                                                              (SO)
                                                              (Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Snam Abrasives Pvt Ltd                  CC                    ICRA BBB+    100     -
                                                              (SO)
                                                              (Stable) Rating as per the last
press release
Reason for delay in carrying out periodic review: Review process is underway
Snam Abrasives Pvt Ltd                  CC                    ICRA BBB+    100     -
                                                              (SO)
                                                              (Stable) Rating as per the last
press release
Reason for delay in carrying out periodic review: - Review process is underway
Solapur District Police                 FB – CC               ICRA BB-     200     -
Employee Co-Operative Society                                 (stable)
Ltd
Reason for delay in carrying out periodic review:Review process is underway
Solapur District Police                 FB – CC               ICRA BB-     200     -
Employee Co-Operative Society                                 (stable)
Ltd
Reason for delay in carrying out periodic review: - Review process is underway
Solid Properties (P) Ltd.               NCD Programme         ICRA B       750     Upgraded
                                                              (Stable)             from ICRA B-
                                                                                   (Stable)
Somani Ispat Pvt Ltd                    Fund based- CC        ICRA BBB-    350     Reaffirmed
                                                              (Stable)
Sri Jayalakshmi Automotives             LT -Fund based – CC   ICRA BB-     1380    -
Pvt. Ltd                                                      (Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Sri Jayalakshmi Automotives             LT -Fund based – TL   ICRA BB-     798.7   -
Pvt. Ltd                                                      (Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Sri Jayalakshmi Automotives             LT - Unallocated      ICRA BB-     171.3   -
Pvt. Ltd                                                      (Stable)
Reason for delay in carrying out periodic review: - Review process is underway
Sri Narayani Plastics Pvt Ltd           LT/ST – Unallocated   ICRA BB-     295     Assigned
                                                              (Stable)/A4
Sri Narayani Plastics Pvt Ltd           LT – Fund Based/CC    ICRA         55      Assigned
                                                              BB-(Stable)
Sss Rice Mill Pvt Ltd                   FBL – CC              ICRA B+      160     Downgraded
                                                              (Stable)             from ICRA
                                                                                   BB- (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Sss Rice Mill Pvt Ltd                   FBL – TL              ICRA B+      1.7     Downgraded
                                                              (Stable)             from ICRA
                                                                                   BB- (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Sss Rice Mill Pvt Ltd                   Non - FBL – BG        ICRA B+      1.5     Downgraded
                                                              (Stable)             from ICRA
                                                                                   BB- (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Sss Rice Mill Pvt Ltd                   Unallocated Limit     ICRA B+      16.8    Downgraded
                                                              (Stable)             from ICRA
                                                                                   BB- (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Sudamo Impex Pvt Ltd                    BLR                   ICRA BB      137.5   -
                                                              (Stable)
Reason for delay in carrying out periodic review Issuer Not Cooperating category
Sudarshan Infra Projects Pvt            LT - Fund Based TL    ICRA B+      48.8    Upgraded
Ltd                                                           (Stable)             from ICRA B
                                                                                   (Stable)
Sudarshan Infra Projects Pvt            LT / ST -Unallocated  ICRA B+      15.7    Upgraded
Ltd                                                           (Stable)             from ICRA
                                                                                  
B(Stable)/ICRA A4
Sudarshan Jeans Pvt Ltd                 LT FB                 ICRA BBB+    1915    Reaffirmed
                                                              (Negative)
Sudarshan Jeans Pvt Ltd                 LT/ST Non-fund Based  ICRA BBB+    35      Reaffirmed
                                                              (Negative)
                                                              / ICRA A2
Sudarshan Textiles Pvt Ltd              BLR                   ICRA BB      65      -
                                                              (Stable)
Reason for delay in carrying out periodic review Issuer Not Cooperating category
The Indian Card Clothing Co.            LT, FB – WCDL         ICRA BB+     10      -
Ltd                                                           (Stable)
The Indian Card Clothing Co.            LT, FB – TL           ICRA         56      -
Ltd                                                           BB+(Stable)
The Indian Card Clothing Co.            LT, FB – CC           ICRA         90      -
Ltd                                                           BB+(Stable)
                                                              / ICRA A4+
Umesh & Bros. Construction              Fund Based – CC       ICRA B+      30      -
                                                              (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Umesh & Bros. Construction              Non Fund Based – BG   ICRA B+      120     -
                                                              (Stable)
Rating continues to remain under the ‘Issuer Not Cooperating’ category
Unique Biotech Ltd                      BLR                   ICRA BBB+    222.2   -
                                                              (Stable) /
                                                              ICRA A2
Reason for delay in carrying out periodic review – Issuer delayed in giving information
Vibracoustic India Pvt Ltd              Fund based/ Working   ICRA A+      36      -
                                        Capital Fac           (Stable)
                                                              /A1+
Reason for delay in carrying out periodic review Issuer delayed in giving information
Vibracoustic India Pvt Ltd              Unallocated           ICRA A+      9       -
                                                              (Stable)
                                                              /A1+
Reason for delay in carrying out periodic review Issuer delayed in giving information
Vindhya Spinning Mills Pvt Ltd          CC                    ICRA BBB -   150     -
                                                              (Stable)
Reason for delay in carrying out periodic review: Issuer delayed in giving information
Vindhya Spinning Mills Pvt Ltd          TL                    ICRA BBB -   221.4   -
                                                              (Stable)
Reason for delay in carrying out periodic review: Issuer delayed in giving information
Vindhya Spinning Mills Pvt Ltd          Unallocated Facility  ICRA BBB -   3.9     -
                                                              (Stable) /
                                                              ICRA A3
Reason for delay in carrying out periodic review: Issuer delayed in giving information
Capfloat Financial Services             PTC Series A1         ICRA A+(SO)  -       Upgraded
Pvt Ltd - Northern Arc 2019                                                        from ICRA
Sbl Carbonari2                                                                     A(SO)
Capfloat Financial Services             PTC Series A2         ICRA A+(SO)  -       Upgraded
Pvt Ltd - Northern Arc 2019                                                        from ICRA
Sbl Carbonari2                                                                     BBB(SO)
Capfloat Financial Services             PTC Series A2         ICRA A (SO)  -       Upgraded
Pvt Ltd - Northern Arc 2019                                                        from ICRA
Sbl Gaul3                                                                          BBB+(SO)
Capfloat Financial Services             PTC Series A1         ICRA A+      -       Upgraded
Pvt Ltd - Northern Arc 2019                                   (SO)                 from ICRA
Sbl Gaul3                                                                          A(SO)
Rgtl Industries Ltd                     Working Capital LimitsICRA D       1250    -
(Rating Continues to remain under the ‘Issuer Not Cooperating’ category)
Rgtl Industries Ltd                     TL                    ICRA D       293.2   -
(Rating Continues to remain under the ‘Issuer Not Cooperating’ category)
Rgtl Industries Ltd                     Unallocated           ICRA D       87.9    -
(Rating Continues to remain under the ‘Issuer Not Cooperating’ category)
Rgtl Industries Ltd                     NFBL                  ICRA D       10      -
(Rating Continues to remain under the ‘Issuer Not Cooperating’ category)
Satya Microcapital Ltd -                PTC Series A2         ICRA A+ (SO) 29.4    Withdrawn
Northern Arc 2018 Mfi Atticus
Sogefi Engine Systems India             LT – Interchangeable  ICRA A+      -       -
Pvt Ltd                                 (CC)                  (Stable)
(Reason for delay in carrying out periodic review: Review process is underway)
Swelect Energy Systems Ltd              LT FB Fac             ICRA A-      500     -
                                                              (Stable)
(Reason for delay in carrying out periodic review: Review process underway)
Swelect Energy Systems Ltd              Term-Loans            ICRA A-      233.5   -
                                                              (Stable)
(Reason for delay in carrying out periodic review: Review process underway)
Swelect Energy Systems Ltd              LT/ST Sub Limit Fac   ICRA         -       -
                                                              A-(Stable)
                                                              / A2+
(Reason for delay in carrying out periodic review: Review process underway)
Swelect Energy Systems Ltd              LT/ ST Unallocated    ICRA         366.5   -
                                                              A-(Stable)
                                                              / A2+
(Reason for delay in carrying out periodic review: Review process underway)
 
--------------------------------------------------------------------------------------------
$: 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@refinitiv.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