Oct 15 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of October 12, 2018. COMPANY
INSTRUMENT
RATING
AMOUNT MOVEMENT
(RS.MLN) -------
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------
------- --------- SHORT TERM RATINGS: ------------------- Ambey Mining Pvt Ltd
ST Bk Fac
CARE A1
2750
Reaffirmed (enhanced from 200.0 Crore) B.G. Shirke Construction Technology PvCP-Proposed#
CARE A1
-
Withdrawn Ltd # Carved out of sanctioned working capital limits of the company Eastern Copper Manufacturing Company ST Bk Fac
CARE A4
120
Reaffirmed Pvt Ltd Gagan Ferrotech Ltd
ST Bk Fac
CARE A3+
-
Withdrawn Narayani Coke Pvt Ltd
ST Bk Fac
CARE A3
660
Reaffirmed (enhanced from 56.30 Crore) National Co-Operative Development
CP
CARE A1+
18880 Assigned Corporation Neo Capricorn Plaza Pvt. Ltd.
ST Bk Fac
CARE A4 (SO) 50 "Issuer not cooperating; Revised from Based on best available information" Sri Balaji Agro
ST Bk Faculties
CARE A4
4.7 Issuer not cooperating, based on best available information Success Exim Pvt Ltd
ST Bk Fac
CARE A4
-
Withdrawn Talin Modular Office Furniture SystemsShort -term BkFac CARE A4
20 Pvt Ltd Issuer not cooperating, basedon best available information Trans Organics India Pvt Ltd
ST Bk Fac
CARE A4
35
Reaffirmed Trimula Sponge Iron Pvt Ltd
ST Bk Fac
CARE A4+
10 Revised from CARE A4 LONG TERM RATINGS: ------------------- Adm Solar Power And Infrastructure PvtLT Bk Fac
CARE B
51.5
Assigned Ltd Ambal Modern Rice Mill
LT Bk Fac
CARE BB-
187.5 Assigned Ambey Mining Pvt Ltd
LT Bk Fac
CARE A
500
Reaffirmed Bajpe Zakariya
LT Bk Fac
CARE B+
58.5
Assigned Birdhichand Ghanshyamdas
LT Bk Fac
CARE BB-
123.4 Assigned Danem Heavy Industries Pvt Ltd
LT Bk Fac
CARE BB-
300
Assigned Dhanlaxmi Infrastructure Pvt Ltd
LT Bk Fac
CARE A-(SO)
1312.7 Assigned Eashwara Sai Cotton Industries
LT Bk Fac
CARE BB-
43.3 Revised from CARE B+; (Reduced from 5.94 Crore) Eastern Copper Manufacturing Company LT Bk Fac
CARE B
38.8 Pvt Ltd Revised from CARE C; Gagan Ferrotech Ltd
LT Bk Fac
CARE BBB
-
Withdrawn Icici Home Finance Company Ltd
Senior Bonds
CARE AAA (SO)* 7990
Reaffirmed (reduced from Rs.979 Crore); *based on Letter of comfort from ICICI Bank (NS:ICBK) Ltd (rated CARE AAA , CARE A1+ Incredible Realcon Pvt Ltd
LT Instruments
CARE D
6000
(Non- Convertible
Debentures) Revised from CARE B (SO);Negative Outlook: Negative] Leel Electricals Ltd
LT Bk Fac
CARE BB
4550 Revised from CARE BBB; Leel Electricals Ltd
LT/STBk Fac
CARE BB/A4
5950 Revised from CARE BBB; Negative/ CARE A3 Levita Polypack Llp
LT Bk Fac
CARE B+
80
Assigned Narayani Coke Pvt Ltd
LT Bk Fac
CARE BBB-,
0.5
Reaffirmed Narayani Coke Pvt Ltd
Long/ ST Bk Fac
CARE BBB-/A3 90
Reaffirmed National Co-Operative Development
LT Bonds
CARE AA
5000
Assigned Corporation National Co-Operative Development
Long /ST BkFac
CARE AA/A1+
200000 Assigned Corporation Neo Capricorn Plaza Pvt. Ltd.
LT Bk Fac
CARE BB (SO) 882.7 "Issuer not cooperating; Revised from Based on best available information" Omega Enterprises
LT
CARE BB
69.6
Assigned Pebble Bay Developers Pvt Ltd
Issuer Rating
CARE BB (IS) - "Issuer not cooperating; Revised from Based on best available information" Puliani And Puliani
Long -term Bk Fac CARE B
75 Issuer not cooperating; Based on Best available information Rising Sun Power Pvt Ltd
Long -term Bk Fac CARE D
52.6 Issuer not cooperating; Based on best available information Sri Balaji Agro
Long -term Bk Fac CARE B+
46 Issuer not cooperating, based on best available information Success Exim Pvt Ltd
LT Bk Fac
CARE BB-
-
Withdrawn Talin Modular Office Furniture SystemsLong -term BkFac CARE BB-
70 Pvt Ltd Issuer not cooperating, basedon best available information Trans Organics India Pvt Ltd
LT Bk Fac
CARE BB-
65
Reaffirmed Trimula Sponge Iron Pvt Ltd
LT Bk Fac
CARE BB+
60 Revised from CARE BB-; -------------------------------------------------------------------------------------------- $: 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 CARE 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.