Aug 16 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of August 14 and August 15, 2018. COMPANY
INSTRUMENT
RATING
AMOUNT MOVEMENT
(RS.MLN) ------
----------
------
----- --------- SHORT TERM RATINGS: ------------------- Bhavani Saw Mill - Trichy
LOC Bill
CRISIL D
130
Downgraded
Discounting
from
CRISIL A4+ (ISSUER NOT COOPERATING) Biloree Cast India Pvt Ltd
BG
CRISIL A4+
8.4
Reassigned Century Textiles (NS:CNTY) and Industries Ltd
Non-FBL
CRISIL A1+
11000 Reaffirmed Century Textiles and Industries Ltd
CP
CRISIL A1+
Reaffirmed Chadha Papers Ltd
LOC
CRISIL A4+
400
Assigned Chaudhary Builders
BG
CRISIL A4
25
Reaffirmed Crescent Contractors Pvt Ltd
BG
CRISIL A4+
40
Reaffirmed Fermenta Biotech Ltd
Letter Of GuaranteeCRISIL A3+
2.5
# Fermenta Biotech Ltd
LOC
CRISIL A3+
50
# Fermenta Biotech Ltd
Packing Credit in CRISIL A3+
120
#
Foreign Currency@ @fully interchangeable with post-shipment credit Flow Tech Power
BG
CRISIL A4
5
Migrated from
CRISIL A4+ (ISSUER NOT COOPERATING) Flow Tech Power
LOC
CRISIL A4
35
Migrated from
CRISIL A4+ (ISSUER NOT COOPERATING) Flow Tech Power
SME Credit
CRISIL A4
2.5
Migrated from
CRISIL A4+ (ISSUER NOT COOPERATING) Global Heavy Engineering industries - BG
CRISIL A4
12.5
Reaffirmed Bhopal Gopal Sponge and Power Pvt Ltd
BG
CRISIL A3+
12.5
Migrated from
CRISIL A4+ (ISSUER NOT COOPERATING) Gopal Sponge and Power Pvt Ltd
LOC
CRISIL A3+
137.5 Migrated from
CRISIL A4+ (ISSUER NOT COOPERATING) Incas International
Bill Discounting CRISIL D
60
Downgraded
from CRISIL
A4+ Incas International
LOC
CRISIL D
40
Downgraded
from CRISIL
A4+ Incas International
Packing Credit
CRISIL D
100
Downgraded
from CRISIL
A4+ IIFL Home Finance Ltd
CP
CRISIL A1+
50000 Reaffirmed Lakshmi Oil Industries
BG
CRISIL A4
5
Assigned Masta Bearing Housing Pvt Ltd
LOC
CRISIL A4+
16
Migrated from
CRISIL A4+ (ISSUER NOT COOPERATING) Mayur Industries Pvt Ltd
BG
CRISIL A3
10
Reaffirmed Mayur Industries Pvt Ltd
LOC
CRISIL A3
120
Reaffirmed Medall Healthcare Pvt Ltd
BG
CRISIL A2+
47.5
# Medall Healthcare Pvt Ltd
Proposed BG
CRISIL A2+
5.5
# Medall Healthcare Pvt Ltd
Proposed ST Bk
CRISIL A2+
400
#
Loan Fac Muthoot Fincorp Ltd
ST NCD
CRISIL A1
1000
Reaffirmed Muthoot Fincorp Ltd
CP^
CRISIL A1
15000 Reaffirmed ^Earlier rated as Short Term Debt (including commercial paper) Paharpur Cooling Technologies
Non-FBL
CRISIL A1
2900
Reaffirmed (Singapore) PTE. Ltd Paharpur Cooling Towers Ltd
BG*
CRISIL A1
2000
Reaffirmed
* Interchangeable with letter of credit amounting Rs 160 crore and buyers credit amounting Rs 70 crore Paharpur Cooling Towers Ltd
BG
CRISIL A1
500
Reaffirmed Paharpur Cooling Towers Ltd
LOC & BG
CRISIL A1
4550
Reaffirmed Paharpur Cooling Towers Ltd
Proposed LOC & BG CRISIL A1
200
Reaffirmed Paharpur Cooling Towers Ltd
CP
CRISIL A1
750
Reaffirmed Phil Ispat Pvt Ltd
BG
CRISIL A3+
10
Migrated from
CRISIL A4+ (ISSUER NOT COOPERATING) Phil Ispat Pvt Ltd
LOC
CRISIL A3+
50
Migrated from
CRISIL A4+ (ISSUER NOT COOPERATING) Raj Petro Specialities Pvt Ltd
LOC
CRISIL A1
5050
Upgraded from
CRISIL A2# Raka Oil Company
BG
CRISIL A4+
50
Reaffirmed Satyam Solutions Ltd
Overdraft
CRISIL D
25
Downgraded
from CRISIL A4 (ISSUER NOT COOPERATING) Sree Sumangala Metals and Industries
LOC
CRISIL A4+
365.4 Reaffirmed Pvt Ltd Sunjewels Pvt Ltd
Proposed ST Bk
CRISIL A2+
199.9 Withdrawn
Loan Fac Synthite Industries Ltd
Export Finance
CRISIL A1+
1500
Reaffirmed
Limit^ ^100% interchangeability between letter of credit Synthite Industries Ltd
LOC
CRISIL A1+
30
Reaffirmed Synthite Industries Ltd
LOC & BG
CRISIL A1+
250
Reaffirmed Synthite Industries Ltd
Packing Credit## CRISIL A1+
1598
Reaffirmed ##100% interchangeability between packing credit in foreign currency, foreign documentary bill purchase, and foreign usance discount bill purchase Synthite Industries Ltd
Packing Credit@@ CRISIL A1+
1500
Reaffirmed @@100% interchangeability between packing credit in foreign currency, import letter of credit, standby letter of credit, short-term loan, and overdraft export invoice financing. Synthite Industries Ltd
Packing Credit^^ CRISIL A1+
500
Reaffirmed ^^100% is interchangeable between packing credit in foreign currency and foreign documentary bill purchase. Synthite Industries Ltd
Packing Credit
CRISIL A1+
1000
Reaffirmed Synthite Industries Ltd
ST Debt (Including CRISIL A1+
300
Withdrawn
CP) Tata Capital Financial Services Ltd
CP
CRISIL A1+
150000 Reaffirmed Tata Capital Housing Finance Ltd
CP Programme
CRISIL A1+
80000 Reaffirmed Tata Capital Ltd
CP
CRISIL A1+
20000 Reaffirmed Tata Cleantech Capital Ltd
CP Programme
CRISIL A1+
10000 Reaffirmed Tech Data Advanced Solutions (India)
LOC
CRISIL A2+
60
Reaffirmed Pvt Ltd LONG TERM RATINGS: ------------------- A. K. Ahamed Modern Rice Mill
CC
CRISIL B+
120
Reaffirmed Bhavani Saw Mill - Trichy
CC
CRISIL D
20
Downgraded
from CRISIL BB (ISSUER NOT COOPERATING) Biloree Cast India Pvt Ltd
CC
CRISIL BB-
70
Reaffirmed Biloree Cast India Pvt Ltd
TL
CRISIL BB-
36.6
Reaffirmed Century Textiles and Industries Ltd
FB Fac
CRISIL AA
15000 # Century Textiles and Industries Ltd
Proposed LT Bk
CRISIL AA
15626.5 #
Loan Fac Century Textiles and Industries Ltd
Rupee TL
CRISIL AA
19856.5 # Century Textiles and Industries Ltd
NCDs
CRISIL AA
# Chadha Papers Ltd
CC
CRISIL BB
300
Reaffirmed Chadha Papers Ltd
Proposed LT Bk
CRISIL BB
15
Reaffirmed
Loan Fac Chadha Papers Ltd
TL
CRISIL BB
135
Reaffirmed Chaudhary Builders
CC
CRISIL B+
70
Upgraded from
CRISIL B Crescent Contractors Pvt Ltd
CC
CRISIL BB+
60
Reaffirmed Fermenta Biotech Ltd
CC#
CRISIL BBB
170
# #Interchangeable with buyer's credit to the extent of Rs 15 crore Fermenta Biotech Ltd
CC*
CRISIL BBB
50
# *fully interchangeable with buyer's credit Fermenta Biotech Ltd
LT Loan
CRISIL BBB
87.5
# Flow Tech Power
CC
CRISIL C
25
Migrated from
CRISIL BB- (ISSUER NOT COOPERATING) Global Heavy Engineering industries - CC
CRISIL B
65
Reaffirmed Bhopal Global Heavy Engineering industries - Proposed LT Bk
CRISIL B
38.2
Reaffirmed Bhopal
Loan Fac Global Heavy Engineering industries - TL
CRISIL B
14.3
Reaffirmed Bhopal Good Media News Pvt Ltd
CC
CRISIL D
28.5
Downgraded
from CRISIL B- Good Media News Pvt Ltd
LT Loan
CRISIL D
81.5
Downgraded
from CRISIL B- Gopal Sponge and Power Pvt Ltd
CC
CRISIL BBB
200
Migrated from
CRISIL BB+ (ISSUER NOT COOPERATING) Gopal Sponge and Power Pvt Ltd
Proposed LT Bk
CRISIL BBB
18
Migrated from
Loan Fac
CRISIL BB+ (ISSUER NOT COOPERATING) Great Eastern Energy Corporation Ltd
Rupee TL
CRISIL BBB
1726.1 Assigned Great Eastern Energy Corporation Ltd
Proposed LT Bk
CRISIL BBB
498.6 Assigned
Loan Fac Great Eastern Energy Corporation Ltd
LT Loan
CRISIL BBB
402.1 Assigned Great Eastern Energy Corporation Ltd
Corporate Loan
CRISIL BBB
1443.5 Assigned Great Eastern Energy Corporation Ltd
External
CRISIL BBB
1652.8 Assigned
Commercial
Borrowings IIFL Home Finance Ltd
Proposed LT Bk
CRISIL AA
14000 Reaffirmed
Loan Fac IIFL Home Finance Ltd
TL
CRISIL AA
4500
Reaffirmed IIFL Home Finance Ltd
WC Demand Loan
CRISIL AA
1500
Reaffirmed IIFL Home Finance Ltd
NCD
CRISIL AA
10000 Reaffirmed IIFL Home Finance Ltd
NCD
CRISIL AA
2000
Reaffirmed IIFL Home Finance Ltd
NCD
CRISIL AA
500
Reaffirmed IIFL Home Finance Ltd
NCD
CRISIL AA
5000
Reaffirmed IIFL Home Finance Ltd
Subordinated Debt CRISIL AA
2000
Reaffirmed IIFL Home Finance Ltd
Principal
CRISIL PP-MLD 2000
Assigned
Protected Market Aar
Linked Non-Convertible Subordinated Debentures Incas International
Proposed LT Bk
CRISIL D
118.2 Downgraded
Loan Fac
from CRISIL
BB- Kamakshi Steels Pvt Ltd
CC
CRISIL B+
90
Reaffirmed Kamakshi Steels Pvt Ltd
LT Loan
CRISIL B+
10
Reaffirmed Kumar Agro Com
CC
CRISIL BB+
60
Migrated from
CRISIL BB- (ISSUER NOT COOPERATING) Kumar Agro Com
Proposed WC Fac
CRISIL BB+
35
Migrated from
CRISIL BB- (ISSUER NOT COOPERATING) Lakshmi Oil Industries
TL
CRISIL B+
20
Assigned Lakshmi Oil Industries
Proposed LT Bk
CRISIL B+
20
Assigned
Loan Fac Lakshmi Oil Industries
CC
CRISIL B+
5
Assigned Masta Bearing Housing Pvt Ltd
CC
CRISIL BB
80
Migrated from
CRISIL BB (ISSUER NOT COOPERATING) Masta Bearing Housing Pvt Ltd
Proposed LT Bk
CRISIL BB
20.4
Migrated from
Loan Fac
CRISIL BB (ISSUER NOT COOPERATING) Mayur Industries Pvt Ltd
CC
CRISIL BBB-
100
Reaffirmed Mayur Industries Pvt Ltd
TL
CRISIL BBB-
92.5
Reaffirmed Medall Healthcare Pvt Ltd
CC
CRISIL A-
300
# Medall Healthcare Pvt Ltd
CC & WC demand loanCRISIL A-
300
# Medall Healthcare Pvt Ltd
LT Loan
CRISIL A-
800
# Medall Healthcare Pvt Ltd
Proposed LT Bk
CRISIL A-
327
#
Loan Fac Mohammed Enterprises Pvt Ltd
CC
CRISIL B+
796.5 Reaffirmed Mohammed Enterprises Pvt Ltd
Proposed LT Bk
CRISIL B+
3.5
Reaffirmed
Loan Fac Muthoot Fincorp Ltd
CC
CRISIL A
60500 Reaffirmed Muthoot Fincorp Ltd
Proposed LT Bk
CRISIL A
1089.9 Reaffirmed
Loan Fac Muthoot Fincorp Ltd
TL
CRISIL A
1720.1 Reaffirmed Muthoot Fincorp Ltd
NCDs
CRISIL A
5000
Reaffirmed Muthoot Fincorp Ltd
NCDs
CRISIL A
3000
Reaffirmed Muthoot Fincorp Ltd
NCDs
CRISIL A
280.2 Reaffirmed Muthoot Fincorp Ltd
Subordinated Debt CRISIL A
450
Reaffirmed Muthoot Fincorp Ltd
Subordinated Debt# CRISIL A
355.9 Reaffirmed # Earlier rated as subordinate bond Muthoot Fincorp Ltd
NCDs
CRISIL A
3000
Reaffirmed Muthoot Fincorp Ltd
NCDs
CRISIL A
9.2
Reaffirmed (Reduced from Rs.200 Crore) Muthoot Fincorp Ltd
NCDs
CRISIL A
719.8 Reaffirmed Muthoot Fincorp Ltd
Subordinated Debt CRISIL A
750
Reaffirmed
Bond Muthoot Fincorp Ltd
Perpetual Bond
CRISIL BBB+
1440
Reaffirmed Om Esha Agro Products Pvt Ltd
CC
CRISIL D
90.3
Downgraded
from CRISIL B Om Esha Agro Products Pvt Ltd
LT Loan
CRISIL D
109.7 Downgraded
from CRISIL B Paarichem Resources LLP
Line of Credit
CRISIL BB
400
Reaffirmed Paharpur Cooling Technologies
FB Fac
CRISIL A+
1600
# (Singapore) PTE. Ltd Paharpur Cooling Towers Ltd
CC
CRISIL A+
1350
# Paharpur Cooling Towers Ltd
LOC & BG**
CRISIL A+
1250
# ** Fully interchangeable with fund based facilities Paharpur Cooling Towers Ltd
LT Bk Fac
CRISIL A+
600
# Paharpur Cooling Towers Ltd
Proposed CC Limit CRISIL A+
150
# Phil Ispat Pvt Ltd
CC
CRISIL BBB
120
Migrated from
CRISIL BB+ (ISSUER NOT COOPERATING) Phil Ispat Pvt Ltd
Proposed LT Bk
CRISIL BBB
50.2
Migrated from
Loan Fac
CRISIL BB+ (ISSUER NOT COOPERATING) Quest Life Sciences Pvt Ltd
CC
CRISIL D
3.5
Downgraded
from CRISIL
BB- (ISSUER NOT COOPERATING) Quest Life Sciences Pvt Ltd
LT Loan
CRISIL D
25
Downgraded
from CRISIL
BB- (ISSUER NOT COOPERATING) Quest Life Sciences Pvt Ltd
Overdraft
CRISIL D
14.5
Downgraded
from CRISIL
BB- (ISSUER NOT COOPERATING) Raj Petro Specialities Pvt Ltd
CC
CRISIL A+
2150
Upgraded from
CRISIL BBB+ Removed from Rating Watch with Developing Implications Raka Oil Company
CC
CRISIL BB
45
Reaffirmed Raka Oil Company
Proposed WC Fac
CRISIL BB
35
Reaffirmed RCH Orthopaedics
CC
CRISIL B+
15
Reaffirmed RCH Orthopaedics
LT Loan
CRISIL B+
38.5
Reaffirmed RCH Orthopaedics
Proposed LT Bk
CRISIL B+
6.5
Reaffirmed
Loan Fac Redco Hotels Pvt Ltd
Rupee TL
CRISIL B+
450
Migrated from
CRISIL BB+ (ISSUER NOT COOPERATING) Satyam Solutions Ltd
Electronic Dealer CRISIL D
100
Downgraded
Financing
from CRISIL B
Scheme(e-DFS) (ISSUER NOT COOPERATING) Sree Sumangala Metals and Industries
CC
CRISIL BB+
300
Reaffirmed Pvt Ltd Sree Sumangala Metals and Industries
LT Loan
CRISIL BB+
31
Reaffirmed Pvt Ltd Sri Guru Ramakrishna Tubes
Proposed LT Bk
CRISIL D
60
Assigned
Loan Fac Sri Guru Ramakrishna Tubes
CC
CRISIL D
40
Assigned Sri Guru Ramakrishna Tubes
LT Loan
CRISIL D
60
Assigned Swastik Furnaces Pvt Ltd
CC
CRISIL D
85
Reaffirmed Swastik Furnaces Pvt Ltd
Letter Of GuaranteeCRISIL D
25
Reaffirmed Synthite Industries Ltd
CC
CRISIL AA-
2
Reaffirmed Synthite Industries Ltd
Packing Credit*
CRISIL AA-
1800
Reaffirmed *100% interchangeability between packing credit in foreign currency, foreign bill purchase, foreign bill discounting, foreign bill negotiation, bill purchase, bill discounting, working capital demand loan, and short-term loan Tata Capital Financial Services Ltd
Perpetual Bonds
CRISIL AA+
5000
Upgraded from
CRISIL AA Tata Capital Financial Services Ltd
Retail Bond*
CRISIL AAA
75000 Assigned *Includes Non-Convertible Debentures and Subordinated Debt Tata Capital Financial Services Ltd
NCDs
CRISIL AAA
102405 Upgraded from
CRISIL AA+ Tata Capital Financial Services Ltd
Subordinated Debt CRISIL AAA
15000 Upgraded from
CRISIL AA+ Tata Capital Housing Finance Ltd
LT Rating
CRISIL AAA
-
Upgraded from
CRISIL AA+ Tata Capital Housing Finance Ltd
NCD
CRISIL AAA
71082 Upgraded from
CRISIL AA+ Tata Capital Housing Finance Ltd
Subordinated Debt CRISIL AAA
11487 Upgraded from
CRISIL AA+ Tata Capital Ltd
CC & WC demand loanCRISIL AAA
150
Upgraded from
CRISIL AA+ Tata Capital Ltd
Proposed LT Bk
CRISIL AAA
100
Upgraded from
Loan Fac
CRISIL AA+ Tata Capital Ltd
NCD
CRISIL AAA
7500
Assigned Tata Capital Ltd
NCDs
CRISIL AAA
17500 Upgraded from
CRISIL AA+ Tata Capital Ltd
PS
CRISIL AAA
25300 Upgraded from
CRISIL AA+ Tata Capital Ltd
PS
CRISIL AAA
400
Upgraded from
CRISIL AA+ Tata Cleantech Capital Ltd
CC & WC demand loanCRISIL AAA
9500
Upgraded from
CRISIL AA+ Tata Cleantech Capital Ltd
LT Bk Fac
CRISIL AAA
14180 Upgraded from
CRISIL AA+ Tata Cleantech Capital Ltd
Proposed LT Bk
CRISIL AAA
6320
Upgraded from
Loan Fac
CRISIL AA+ Tata Cleantech Capital Ltd
NCDs#
CRISIL AAA
2600
Upgraded from
CRISIL AA+ #Green Debt Securities Tata Cleantech Capital Ltd
NCDs
CRISIL AAA
15000 Upgraded from
CRISIL AA+ Tata Cleantech Capital Ltd
Subordinated Debt CRISIL AAA
1000
Upgraded from
Issue
CRISIL AA+ Tech Data Advanced Solutions (India)
CC
CRISIL A-
750
Reaffirmed Pvt Ltd Tech Data Advanced Solutions (India)
Overdraft
CRISIL A-
3930
Reaffirmed Pvt Ltd Tech Data Advanced Solutions (India)
Proposed LT Bk
CRISIL A-
10
Reaffirmed Pvt Ltd
Loan Fac Technovision Auto Components Pvt Ltd
CC
CRISIL BBB
80
Reaffirmed Technovision Auto Components Pvt Ltd
Proposed LT Bk
CRISIL BBB
2.5
Reaffirmed
Loan Fac Uttranchal Pulp and Paper Mills Pvt Ltd CC
CRISIL BB+
35
Reaffirmed Uttranchal Pulp and Paper Mills Pvt Ltd Proposed LT Bk
CRISIL BB+
25.5
Reaffirmed
Loan Fac Uttranchal Pulp and Paper Mills Pvt Ltd TL
CRISIL BB+
29.5
Reaffirmed Vittal Agro Industries
CC/ Overdraft Fac CRISIL BB
35
Reaffirmed Vittal Agro Industries
Proposed WC Fac
CRISIL BB
20
Reaffirmed Woodville Palace Hotel
TL
CRISIL D
200
Downgraded
from CRISIL B- (ISSUER NOT COOPERATING) -------------------------------------------------------------------------------------------- $: 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.