Jun 28 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of June 27, 2018. COMPANY
INSTRUMENT
RATING
AMOUNT MOVEMENT
(RS.MLN) ------
----------
------
----- --------- SHORT TERM RATINGS: ------------------- ABC Bearings Ltd
LOC & BG
CRISIL A2
100
- (Continues on Rating Watch with Positive Implications) Abhitech Energycon Ltd
BG
CRISIL A4+
50
Reassigned Aerocon Buildwell Pvt Ltd
BG
CRISIL A4
5
Migrated from
CRISIL D (Issuer Not Cooperating) Aerocon Buildwell Pvt Ltd
LOC
CRISIL A4
5
Migrated from
CRISIL D (Issuer Not Cooperating) Alishan Veneer and Plywood Pvt Ltd
BG
CRISIL A4+
6.5
- (Issuer Not Cooperating) Alishan Veneer and Plywood Pvt Ltd
LOC
CRISIL A4+
360
- (Issuer Not Cooperating) Allied Engineering Works Pvt Ltd
BG
CRISIL A4+
60
Assigned (Suspension Revoked) Amod Stampings Pvt Ltd
LOC
CRISIL A3+
550
Upgraded from
CRISIL A3 Amod Stampings Pvt Ltd
Proposed LOC
CRISIL A3+
250
Upgraded from
CRISIL A3 Apex Auto Ltd
LOC & BG
CRISIL A4
150
Assigned Atlanta Electricals Pvt Ltd
BG
CRISIL A3+
970
Upgraded from
CRISIL A3 Atlanta Electricals Pvt Ltd
LOC
CRISIL A3+
800
Upgraded from
CRISIL A3 Ayurvet Ltd
LOC & BG
CRISIL A2+
20
Reaffirmed Best Knitting Mills Pvt Ltd
BG
CRISIL A4+
8
Reaffirmed Blue Star Ltd (NS:BLUS)
CP Programme
CRISIL A1+
5000
Reaffirmed Calicut Landmark Builders and
Proposed ST Bk
CRISIL A4+
1
Reaffirmed Developers India Pvt Ltd
Loan Fac CJ Darcl Logistics Ltd
BG
CRISIL A2+
750
Reaffirmed Cosmos Water Solutions Pvt Ltd
LOC
CRISIL A4+
25
Assigned Cosmos Water Solutions Pvt Ltd
Foreign Exchange CRISIL A4+
3.1
Assigned
Forward Dadi Ji Steels Pvt Ltd
BG
CRISIL A4+
30
- (Issuer Not Cooperating) Dadi Ji Steels Pvt Ltd
LOC
CRISIL A4+
40
- (Issuer Not Cooperating) Dadi Ji Steels Pvt Ltd
Standby Line of
CRISIL A4+
13
-
Credit (Issuer Not Cooperating) Devbhoomi Constructions Pvt Ltd
BG
CRISIL A4+
15
Assigned Dhanashree Electronics Ltd
LOC
CRISIL A4
100
- (Issuer Not Cooperating) Divya Creations
LOC & BG
CRISIL A3
140
Downgraded
from CRISIL
A3+ Dott Services Pvt Ltd
BG
CRISIL A4+
363
- (Issuer Not Cooperating) Dott Services Pvt Ltd
Proposed ST Bk
CRISIL A4+
637
-
Loan Fac (Issuer Not Cooperating) Eastern Foods Pvt Ltd
BG
CRISIL A3
7.5
- (Issuer Not Cooperating) Finolex Industries (NS:FINX) Ltd
LOC & BG*
CRISIL A1+
11927.5 Reaffirmed *Letter of Credit & Bank Guarantee are interchangeable with buyer's credit. Finolex Industries Ltd
Proposed ST Bk
CRISIL A1+
1030
Reaffirmed
Loan Fac Global Heavy Engineering industries - BG
CRISIL A4
12.5
- Bhopal (ISSUER NOT COOPERATING) H.D. System Sales Pvt Ltd
BG
CRISIL A4
50
Reaffirmed HiMedia Laboratories Pvt Ltd
BG
CRISIL A1
20
Reaffirmed HiMedia Laboratories Pvt Ltd
LOC**
CRISIL A1
60
Reaffirmed **Fully interchangeable with buyer's credit. IIFL Wealth Management Ltd
CP Issue*
CRISIL A1+
20000 Assigned
* Assigned for initial public offering financing on an episodic basis IIFL Wealth Management Ltd
CP Issue*
CRISIL A1+
20000 Reaffirmed
* Assigned for initial public offering financing on an episodic basis IIFL Wealth Management Ltd
CP Programme
CRISIL A1+
5000
Reaffirmed Indotech Industries India Pvt Ltd
BG
CRISIL A4+
22.8
- (Issuer Not Cooperating) Iscon Ceramic Pvt Ltd
BG
CRISIL A4+
22.5
- (Issuer Not Cooperating) J and S Construction
BG
CRISIL A4
30
- (Issuer Not Cooperating) K. T. M. Maligai
Overdraft
CRISIL A4+
60
- (Issuer Not Cooperating) Kajaria Iron And Steel Company Pvt Ltd Packing Credit
CRISIL A4
80
-
(pre-shipment
credit) (Issuer Not Cooperating) Kajaria Iron And Steel Company Pvt Ltd Post Shipment
CRISIL A4
50
-
Credit (Issuer Not Cooperating) Kalyani Forge Ltd
FCNR (B) ST Loan CRISIL A2
100
Reaffirmed Kalyani Forge Ltd
LOC & BG
CRISIL A2
170
Reaffirmed Kamlesh Kumar
BG
CRISIL A4+
75
Upgraded from
CRISIL A4 Kamlesh Kumar
Overdraft
CRISIL A4+
10
Upgraded from
CRISIL A4 Kamlesh Kumar
Proposed BG
CRISIL A4+
5
Upgraded from
CRISIL A4 Laxcon Steels Ltd
Inland/Import LOC CRISIL A2
640
Upgraded from
CRISIL A3+ Laxcon Steels Ltd
Letter Of GuaranteeCRISIL A2
60
Upgraded from
CRISIL A3+ M. A. Ambhore
BG
CRISIL A4
17.5
- (Issuer Not Cooperating) M. A. Ambhore
Proposed BG
CRISIL A4
12.5
- (Issuer Not Cooperating) Maheshwari Solvent Extraction Ltd
BG
CRISIL A4
3
Assigned Mansi International Pvt Ltd
LOC
CRISIL A4
35
Downgraded
from CRISIL
A4+ Manu Electricals Pvt Ltd
BG
CRISIL A4+
70
- (Issuer Not Cooperating) Midas Agro Foods Pvt Ltd
Packing Credit in CRISIL A4+
100
Reaffirmed
Foreign Currency Mohata Coal Company Pvt Ltd
LOC & BG
CRISIL A4
35
- (Issuer Not Cooperating) Muthoot Capital Services Ltd
CP
CRISIL A1
2500
Reaffirmed Muthoot Fincorp Ltd
ST NCDs
CRISIL A1
1000
Reaffirmed Muthoot Fincorp Ltd
CP^
CRISIL A1
15000 Reaffirmed ^Earlier rated as Short Term Debt (including commercial paper) Muthoot Microfin Ltd
CP
CRISIL A1
500
Reaffirmed Nandan Steels and Power Ltd
Bill Discounting CRISIL A2
100
Upgraded from
under LOC
CRISIL A3+ Nandan Steels and Power Ltd
LOC & BG
CRISIL A2
500
Upgraded from
CRISIL A3+ Nirmal Inductomelts Pvt Ltd
LOC
CRISIL A4+
50
Reaffirmed P. A. Pinions
BG
CRISIL A4+
3
Reaffirmed P.A. Times Industries Unit-II
LOC & BG
CRISIL A4+
10
Reaffirmed Pavani Controls and Panels Ltd
BG
CRISIL A3+
680
Reaffirmed Pavani Controls and Panels Ltd
LOC
CRISIL A3+
230
Reaffirmed Peacemoon Traders
Packing Credit
CRISIL A4
117
Reaffirmed Pure Solar Pvt Ltd
LOC & BG
CRISIL A4+
40
Reaffirmed RA Fashions Pvt Ltd
Packing Credit
CRISIL A4
27.5
Reassigned Rana Denim Pvt Ltd
BG
CRISIL A4+
11.5
Reaffirmed Ray Engineering Ltd
BG
CRISIL A3
540
Reaffirmed Sai Highway And Builders Pvt Ltd
BG
CRISIL A4+
80
Assigned Sajeev Mathew and Co.
BG
CRISIL A4
60
Assigned Sarda Plywood Industries Ltd
BG
CRISIL A4
20
Reaffirmed Sarda Plywood Industries Ltd
LOC
CRISIL A4
346.1 Reaffirmed Satabdi Tea Processing Pvt Ltd
Letter Of GuaranteeCRISIL A4
5
- (Issuer Not Cooperating) Savitri Education Foundation
BG
CRISIL A4+
5
- (Issuer Not Cooperating) Shairu Gems Diamonds Pvt Ltd
Foreign Exchange CRISIL A2
120
Reassigned
Forward Shairu Gems Diamonds Pvt Ltd
Packing Credit
CRISIL A2
368
Reassigned Shambhu Singh Engineers Pvt Ltd
BG
CRISIL A4
5
- (Issuer Not Cooperating) Shree Electromelts Ltd
LOC
CRISIL A3
500
Upgraded from
CRISIL A4+ Siwal Infracon Pvt Ltd
BG
CRISIL A4+
80
Migrated from
CRISIL A4 (Issuer Not Cooperating) Sri Balaji Raw And Parboiled Rice Mills BG
CRISIL D
80
Downgraded Pvt Ltd
from CRISIL A4 Sneha Constructions
BG
CRISIL A4
25
- (Issuer Not Cooperating) Sonas - Bangalore
BG
CRISIL A4+
10
- (ISSUER NOT COOPERATING) South City Projects (Kolkata) Ltd
BG
CRISIL A4+
123.6 - (Issuer Not Cooperating) South City Projects (Kolkata) Ltd
Overdraft
CRISIL A4+
280
- (Issuer Not Cooperating) Spentagon Ceramic Pvt Ltd
BG
CRISIL A4+
15
Upgraded from
CRISIL A4 Sri Durga Automotives
BG
CRISIL A4+
30.5
- (Issuer Not Cooperating) Sri Venkatesh Iron and Alloys India Ltd BG
CRISIL A4+
3
Migrated from
CRISIL A3 (Issuer Not Cooperating) Swaroop Techno Components Pvt Ltd
LOC
CRISIL A3
80
Upgraded from
CRISIL A4+ The India Thermit Corporation Ltd
BG
CRISIL A2+
750
Reassigned The India Thermit Corporation Ltd
Buyer`s Credit
CRISIL A2+
173
Reassigned Transrail Logistics Ltd
BG
CRISIL A2
25
Reaffirmed Transworld Shoes Pvt Ltd
Packing Credit
CRISIL A4+
50
Reaffirmed TRK Textile India Pvt Ltd
BG
CRISIL A4+
10
- (Issuer Not Cooperating) TRK Textile India Pvt Ltd
LOC
CRISIL A4+
60
- (Issuer Not Cooperating) Vishwanath Singh Enterprises
BG
CRISIL A4+
45
- (Issuer Not Cooperating) Vital Chemtech LLP
Import LOC Limit CRISIL A4+
70
- (Issuer Not Cooperating) Voltech O and M Services Pvt Ltd
BG
CRISIL A3
70
Upgraded from
CRISIL A4+ MEDIUM TERM RATINGS: ------------------- CJ Darcl Logistics Ltd
FD
FA
450
Reaffirmed Muthoot Capital Services Ltd
FD Programme
FA+
-
Upgraded from
FA- LONG TERM RATINGS: ------------------- ABC Bearings Ltd
CC^
CRISIL BBB+
350
- Continues on 'Rating Watch with Positive Implications' (^Interchangeable with letter of credit/bank guarantee limit of up to Rs 5 crore) ABC Bearings Ltd
LT Loan
CRISIL BBB+
165.8 - Continues on 'Rating Watch with Positive Implications' ABC Bearings Ltd
Proposed CC Limit* CRISIL BBB+
50
- Continues on 'Rating Watch with Positive Implications' /(* Interchangeable with letter of credit/bank guarantee limit) ABC Bearings Ltd
Proposed TL
CRISIL BBB+
684.2 - Continues on 'Rating Watch with Positive Implications' Abhitech Energycon Ltd
CC
CRISIL BB
45
Reaffirmed Abhitech Energycon Ltd
LT Loan
CRISIL BB
5
Reaffirmed Aerocon Buildwell Pvt Ltd
CC
CRISIL B-
40
Migrated from
CRISIL D (Issuer Not Cooperating) Aerocon Buildwell Pvt Ltd
Proposed LT Bk
CRISIL B-
60
Migrated from
Loan Fac
CRISIL D (Issuer Not Cooperating) Aerocon Buildwell Pvt Ltd
TL
CRISIL B-
85
Migrated from
CRISIL D (Issuer Not Cooperating) Alishan Veneer and Plywood Pvt Ltd
CC
CRISIL BB-
100
- (Issuer Not Cooperating) Alishan Veneer and Plywood Pvt Ltd
Proposed LT Bk
CRISIL BB-
33
-
Loan Fac (Issuer Not Cooperating) Allied Engineering Works Pvt Ltd
CC
CRISIL BB+
90
Assigned (Suspension Revoked) Amod Stampings Pvt Ltd
CC
CRISIL BBB
435
Upgraded from
CRISIL BBB- Amod Stampings Pvt Ltd
Proposed LT Bk
CRISIL BBB
72.3
Upgraded from
Loan Fac
CRISIL BBB- Amod Stampings Pvt Ltd
TL
CRISIL BBB
92.7
Upgraded from
CRISIL BBB- Amore Jewels Pvt Ltd
CC
CRISIL BBB-
150
Reaffirmed Amore Jewels Pvt Ltd
Packing Credit
CRISIL BBB-
430
Reaffirmed Amore Jewels Pvt Ltd
Proposed LT Bk
CRISIL BBB-
220
Reaffirmed
Loan Fac Amore Jewels Pvt Ltd
Standby Line of
CRISIL BBB-
200
Reaffirmed
Credit Apex Auto Ltd
Bill Discounting CRISIL B+
130
Assigned Apex Auto Ltd
CC
CRISIL B+
150
Assigned Apex Auto Ltd
LT Loan
CRISIL B+
335
Assigned Apex Auto Ltd
Proposed LT Bk
CRISIL B+
35
Assigned
Loan Fac Ashro Textiles Pvt Ltd
CC
CRISIL B
30
Upgraded from
CRISIL D Ashro Textiles Pvt Ltd
LT Loan
CRISIL B
36
Upgraded from
CRISIL D Ashro Textiles Pvt Ltd
Proposed CC Limit CRISIL B
4
Upgraded from
CRISIL D Atlanta Electricals Pvt Ltd
CC
CRISIL BBB
600
Upgraded from
CRISIL BBB- Atlanta Electricals Pvt Ltd
Proposed LT Bk
CRISIL BBB
2.7
Upgraded from
Loan Fac
CRISIL BBB- Atlanta Electricals Pvt Ltd
TL
CRISIL BBB
227.3 Upgraded from
CRISIL BBB- Ayurvet Ltd
CC & WC demand loanCRISIL A-
130
Reaffirmed Balaji Action Buildwell
CC
CRISIL A
500
Reaffirmed Balaji Action Buildwell
LT Loan
CRISIL A
261.4 Reaffirmed Balaji Action Buildwell
Proposed LT Bk
CRISIL A
2038.6 Reaffirmed
Loan Fac Bankeybihari Plywood Industries Pvt Ltd TL
CRISIL BB-
3
Assigned Bankeybihari Plywood Industries Pvt Ltd CC
CRISIL BB-
67.5
Assigned Bankeybihari Plywood Industries Pvt Ltd Proposed LT Bk
CRISIL BB-
29.5
Assigned
Loan Fac Best Knitting Mills Pvt Ltd
CC
CRISIL BB+
255.8 - (Outlook revised from 'Stable' and rating reaffirmed) Best Knitting Mills Pvt Ltd
Proposed TL
CRISIL BB+
100
- (Outlook revised from 'Stable' and rating reaffirmed) Best Knitting Mills Pvt Ltd
Rupee TL
CRISIL BB+
231.2 - (Outlook revised from 'Stable' and rating reaffirmed) Calicut Landmark Builders and
TL
CRISIL BB
199
- Developers India Pvt Ltd (Outlook revised from 'Stable' and rating reaffirmed ) CJ Darcl Logistics Ltd
CC
CRISIL A-
2750
Reaffirmed CJ Darcl Logistics Ltd
Proposed LT Bk
CRISIL A-
510
Reaffirmed
Loan Fac CJ Darcl Logistics Ltd
Standby Line of
CRISIL A-
150
Reaffirmed
Credit CJ Darcl Logistics Ltd
WC Demand Loan
CRISIL A-
240
Reaffirmed CJ S Haritha Homes
Proposed LT Bk
CRISIL D
132.2 Downgraded
Loan Fac
from CRISIL B CJ S Haritha Homes
TL
CRISIL D
170.8 Downgraded
from CRISIL B CJ S Haritha Homes
WC TL
CRISIL D
47
Downgraded
from CRISIL B Cosmos Water Solutions Pvt Ltd
CC
CRISIL BB-
50
Assigned Dadi Ji Steels Pvt Ltd
CC
CRISIL BB+
80
- (Issuer Not Cooperating) Dadi Ji Steels Pvt Ltd
Proposed LT Bk
CRISIL BB+
52.3
-
Loan Fac (Issuer Not Cooperating) Dadi Ji Steels Pvt Ltd
TL
CRISIL BB+
30
- (Issuer Not Cooperating) Devbhoomi Constructions Pvt Ltd
Proposed LT Bk
CRISIL BB
7.5
Assigned
Loan Fac Devbhoomi Constructions Pvt Ltd
CC
CRISIL BB
37.5
Assigned Dhanashree Electronics Ltd
CC
CRISIL B+
50
- (Issuer Not Cooperating) Dhanashree Electronics Ltd
Proposed CC Limit CRISIL B+
50
- (Issuer Not Cooperating) Dimesco Footcare India Pvt Ltd
Overdraft
CRISIL BB-
64.5
Downgraded
from CRISIL BB Divya Creations
FB Fac
CRISIL BBB-
120
Downgraded
from CRISIL
BBB Eastern Foods Pvt Ltd
CC
CRISIL BBB-
190
- (Issuer Not Cooperating) Eswari Stores
CC
CRISIL B+
100
- (Issuer Not Cooperating) Finolex Industries Ltd
CC
CRISIL AA
825
Reaffirmed Fujiyama Power Systems
CC
CRISIL BB+
86
Assigned Fujiyama Power Systems
Proposed CC Limit CRISIL BB+
64
Assigned Gajanan Siddhivinayak Foods Pvt Ltd
CC
CRISIL D
90
- (Issuer Not Cooperating) Galaxy Exports Pvt Ltd
CC
CRISIL B+
65
- (Issuer Not Cooperating) Galaxy Exports Pvt Ltd
Proposed LT Bk
CRISIL B+
22.8
-
Loan Fac (Issuer Not Cooperating) Galaxy Exports Pvt Ltd
TL
CRISIL B+
7
- (Issuer Not Cooperating) Ganapati India International Pvt Ltd
TL
CRISIL B+
400
- (Issuer Not Cooperating) Ginni Industries
Bill Discounting CRISIL BB-
70
Assigned Ginni Industries
CC
CRISIL BB-
40
Assigned Global Heavy Engineering industries - CC
CRISIL B
65
- Bhopal (ISSUER NOT COOPERATING) Global Heavy Engineering industries - Proposed LT Bk
CRISIL B
38.2
- Bhopal
Loan Fac (ISSUER NOT COOPERATING) Global Heavy Engineering industries - TL
CRISIL B
14.3
- Bhopal (ISSUER NOT COOPERATING) Grasp Clothings
CC/ Overdraft Fac CRISIL BB-
50
- (Issuer Not Cooperating) Grasp Clothings
Cash TL
CRISIL BB-
48
- (Issuer Not Cooperating) Grasp Clothings
Proposed LT Bk
CRISIL BB-
2
-
Loan Fac (Issuer Not Cooperating) H.D. System Sales Pvt Ltd
CC
CRISIL B+
50
Reaffirmed HiMedia Laboratories Pvt Ltd
CC*
CRISIL A
480
Reaffirmed *Interchangeable with book debt of Rs 16 crore, export packing credit of Rs 30 crore, export bill negotiation/export bill discounting of Rs 30 crore, and packing credit/export bill rediscounting in foreign currency of Rs 30 crore. HiMedia Laboratories Pvt Ltd
Packing Credit in CRISIL A
80
Reaffirmed
Foreign Currency$ $Fully interchangeable with post shipment credit in foreign currency, cash credit, working capital demand loan, letter of credit, import letter of credit, buyer's credit HiMedia Laboratories Pvt Ltd
TL
CRISIL A
1010
Reaffirmed HiMedia Laboratories Pvt Ltd
WC Fac
CRISIL A
200
Reaffirmed Holy Trinity Trust
Rupee TL
CRISIL BB-
120
- (Issuer Not Cooperating) Hotel Sears Pvt Ltd
LT Loan
CRISIL B
75
Assigned Indchem Inc
CC
CRISIL BB-
65
- (Issuer Not Cooperating) Indotech Industries India Pvt Ltd
CC
CRISIL BB-
50
- (Issuer Not Cooperating) Indotech Industries India Pvt Ltd
TL
CRISIL BB-
6.1
- (Issuer Not Cooperating) Iscon Ceramic Pvt Ltd
CC
CRISIL BB
35
- (Issuer Not Cooperating) Iscon Ceramic Pvt Ltd
Proposed LT Bk
CRISIL BB
12.6
-
Loan Fac (Issuer Not Cooperating) Iscon Ceramic Pvt Ltd
TL
CRISIL BB
9.9
- (Issuer Not Cooperating) J and S Construction
CC
CRISIL B+
50
- (Issuer Not Cooperating) J and S Construction
Proposed LT Bk
CRISIL B+
20
-
Loan Fac (Issuer Not Cooperating) Jagmohan Motors Ltd
CC
CRISIL BBB-
250
Downgraded
from CRISIL
BBB Jagmohan Motors Ltd
Channel Financing CRISIL BBB-
95
Downgraded
from CRISIL
BBB Jagmohan Motors Ltd
Proposed LT Bk
CRISIL BBB-
5
Downgraded
Loan Fac
from CRISIL
BBB K. T. M. Maligai
Proposed LT Bk
CRISIL BB-
30
-
Loan Fac (Issuer Not Cooperating) Kajaria Iron And Steel Company Pvt Ltd CC
CRISIL B
20
- (Issuer Not Cooperating) Kalyani Forge Ltd
Buyer`s Credit
CRISIL BBB+
50
Reaffirmed Kalyani Forge Ltd
CC
CRISIL BBB+
400
Reaffirmed Kalyani Forge Ltd
LT Loan
CRISIL BBB+
250
Reaffirmed Kalyani Forge Ltd
Proposed LT Bk
CRISIL BBB+
9.2
Reaffirmed
Loan Fac Kalyani Forge Ltd
TL
CRISIL BBB+
20.8
Reaffirmed Kamachi Steels Ltd
CC
-
170
Withdrawn (Issuer Not Cooperating) Kamachi Steels Ltd
Inland/Import LOC -
50
Withdrawn (Issuer Not Cooperating) Kamlesh Kumar
TL
CRISIL BB-
30
Upgraded from
CRISIL B+ Kishore G Lund
CC
CRISIL B+
55
- (Issuer Not Cooperating) Kumar Audyogik Vikas Pvt Ltd
CC
CRISIL B-
160
- (Issuer Not Cooperating) Kumar Audyogik Vikas Pvt Ltd
TL
CRISIL B-
30
- (Issuer Not Cooperating) Laxcon Steels Ltd
CC
CRISIL BBB+
1200
Upgraded from
CRISIL BBB Laxcon Steels Ltd
LT Loan
CRISIL BBB+
148.5 Upgraded from
CRISIL BBB Laxcon Steels Ltd
Proposed LT Bk
CRISIL BBB+
1.5
Upgraded from
Loan Fac
CRISIL BBB L'ecole Chempaka Society for Educare
CC
CRISIL BB-
5
Reaffirmed L'ecole Chempaka Society for Educare
Proposed LT Bk
CRISIL BB-
11
Reaffirmed
Loan Fac L'ecole Chempaka Society for Educare
TL
CRISIL BB-
44
Reaffirmed Lion Insulation Pvt Ltd
CC
CRISIL B-
30
- (Issuer Not Cooperating) Lion Insulation Pvt Ltd
TL
CRISIL B-
34
- (Issuer Not Cooperating) Lourdes Matha Catholic Educational
CC
CRISIL B+
65
Reaffirmed Society Lourdes Matha Catholic Educational
LT Loan
CRISIL B+
20
Reaffirmed Society M. A. Ambhore
CC
CRISIL B
35
- (Issuer Not Cooperating) M. A. Ambhore
Proposed CC Limit CRISIL B
15
- (Issuer Not Cooperating) Madhav Copper Ltd
CC
CRISIL BB+
80
Upgraded from
CRISIL BB Madhav Copper Ltd
TL
CRISIL BB+
15
Upgraded from
CRISIL BB Maheshwari Solvent Extraction Ltd
TL
CRISIL B
9
Assigned Maheshwari Solvent Extraction Ltd
Proposed LT Bk
CRISIL B
28
Assigned
Loan Fac Maheshwari Solvent Extraction Ltd
CC
CRISIL B
60
Assigned Mansi International Pvt Ltd
CC
CRISIL B
60
Downgraded
from CRISIL
BB- Mansi International Pvt Ltd
Proposed LT Bk
CRISIL B
5
Downgraded
Loan Fac
from CRISIL
BB- Manu Electricals Pvt Ltd
CC
CRISIL BB-
25
- (Issuer Not Cooperating) Manu Electricals Pvt Ltd
Proposed LT Bk
CRISIL BB-
30
-
Loan Fac (Issuer Not Cooperating) Maxwell Auto Components Pvt Ltd
CC
CRISIL D
57.5
- (Issuer Not Cooperating) Maxwell Auto Components Pvt Ltd
Cash TL
CRISIL D
80
- (Issuer Not Cooperating) Maxwell Auto Components Pvt Ltd
Proposed LT Bk
CRISIL D
17.5
-
Loan Fac (Issuer Not Cooperating) Metro Plywoods
CC
CRISIL B+
50
- (Issuer Not Cooperating) Midas Agro Foods Pvt Ltd
CC
CRISIL BB+
120
Reaffirmed Midas Agro Foods Pvt Ltd
LT Loan
CRISIL BB+
27.8
Reaffirmed Mohata Coal Company Pvt Ltd
CC
CRISIL B+
20
- (Issuer Not Cooperating) Muthoot Capital Services Ltd
CC
CRISIL A
3600
Upgraded from
CRISIL A- Muthoot Capital Services Ltd
LT Loan
CRISIL A
250
Upgraded from
CRISIL A- Muthoot Capital Services Ltd
Proposed LT Bk
CRISIL A
6980
Upgraded from
Loan Fac
CRISIL A- Muthoot Capital Services Ltd
WC Demand Loan
CRISIL A
4200
Upgraded from
CRISIL A- Muthoot Capital Services Ltd
WC TL
CRISIL A
970
Upgraded from
CRISIL A- Muthoot Capital Services Ltd
NCD
CRISIL A
500
Upgraded from
CRISIL A- Muthoot Fincorp Ltd
CC
CRISIL A
60500 Upgraded from
CRISIL A- Muthoot Fincorp Ltd
Proposed LT Bk
CRISIL A
1089.9 Upgraded from
Loan Fac
CRISIL A- Muthoot Fincorp Ltd
TL
CRISIL A
1720.1 Upgraded from
CRISIL A- Muthoot Fincorp Ltd
NCDs
CRISIL A
5000
Assigned Muthoot Fincorp Ltd
NCDs
CRISIL A
3000
Upgraded from
CRISIL A- Muthoot Fincorp Ltd
NCDs
CRISIL A
280.2 Upgraded from
CRISIL A- Muthoot Fincorp Ltd
Subordinated Debt CRISIL A
450
Upgraded from
CRISIL A- Muthoot Fincorp Ltd
Subordinated Debt# CRISIL A
355.9 Upgraded from
CRISIL A- # Earlier rated as subordinate bond Muthoot Fincorp Ltd
NCDs
CRISIL A
3000
Upgraded from
CRISIL A- Muthoot Fincorp Ltd
NCDs
CRISIL A
2000
Upgraded from
CRISIL A- Muthoot Fincorp Ltd
NCDs
CRISIL A
719.8 Upgraded from
CRISIL A- Muthoot Fincorp Ltd
Subordinated Debt CRISIL A
750
Upgraded from
Bond
CRISIL A- Muthoot Fincorp Ltd
Perpetual Bond
CRISIL BBB+
1440
Upgraded from
CRISIL BBB Muthoot Housing Finance Co. Ltd
CC
CRISIL A-
300
Upgraded from
CRISIL BBB+ Muthoot Housing Finance Co. Ltd
Proposed LT Bk
CRISIL A-
1403.8 Upgraded from
Loan Fac
CRISIL BBB+ Muthoot Housing Finance Co. Ltd
TL
CRISIL A-
6796.2 Upgraded from
CRISIL BBB+ Muthoot Microfin Ltd
Proposed LT Bk
CRISIL A
6666.8 Upgraded from
Loan Fac
CRISIL A- Muthoot Microfin Ltd
TL
CRISIL A
8333.2 Upgraded from
CRISIL A- Muthoot Microfin Ltd
NCD
CRISIL A
750
Upgraded from
CRISIL A- Muthoot Microfin Ltd
NCD
CRISIL A
400
Upgraded from
CRISIL A- Muthoot Microfin Ltd
NCD
CRISIL A
650
Upgraded from
CRISIL A- Muthoot Microfin Ltd
NCD
CRISIL A
700
Upgraded from
CRISIL A- Muthoot Microfin Ltd
NCD
CRISIL A
700
Upgraded from
CRISIL A- Muthuraja Modern Rice Mill
CC
CRISIL B+
30
- (Issuer Not Cooperating) Muthuraja Modern Rice Mill
Proposed LT Bk
CRISIL B+
10
-
Loan Fac (Issuer Not Cooperating) Muthuraja Modern Rice Mill
TL
CRISIL B+
10
- (Issuer Not Cooperating) Nandan Steels and Power Ltd
CC
CRISIL BBB+
570
Upgraded from
CRISIL BBB Nandan Steels and Power Ltd
Proposed LT Bk
CRISIL BBB+
49.8
Upgraded from
Loan Fac
CRISIL BBB Nandan Steels and Power Ltd
TL
CRISIL BBB+
208.2 Upgraded from
CRISIL BBB Nirmal Inductocast Pvt Ltd
CC
CRISIL BB+
43
Reaffirmed Nirmal Inductocast Pvt Ltd
Standby Line of
CRISIL BB+
10
Reaffirmed
Credit Nirmal Inductocast Pvt Ltd
TL
CRISIL BB+
17.3
Reaffirmed Nirmal Inductomelts Pvt Ltd
CC
CRISIL BB+
160
Reaffirmed Nirmal Inductomelts Pvt Ltd
LT Loan
CRISIL BB+
11
Reaffirmed Omar Cold Storage Pvt Ltd
CC
CRISIL B+
90
- (Issuer Not Cooperating) Omar Cold Storage Pvt Ltd
Proposed CC Limit CRISIL B+
20
- (Issuer Not Cooperating) Omar Cold Storage Pvt Ltd
TL
CRISIL B+
10
- (Issuer Not Cooperating) P. A. Pinions
CC
CRISIL BB
40
Reaffirmed P. A. Pinions
Proposed LT Bk
CRISIL BB
74.1
Reaffirmed
Loan Fac P. A. Pinions
Rupee TL
CRISIL BB
17.4
Reaffirmed P.A. Times Industries Unit-II
CC
CRISIL BB
40
Upgraded from
CRISIL BB- P.A. Times Industries Unit-II
Proposed LT Bk
CRISIL BB
47.5
Upgraded from
Loan Fac
CRISIL BB- Pavani Controls and Panels Ltd
Bill Discounting CRISIL BBB
50
Reaffirmed Pavani Controls and Panels Ltd
CC
CRISIL BBB
120
Reaffirmed Pavani Controls and Panels Ltd
Proposed LT Bk
CRISIL BBB
170
Reaffirmed
Loan Fac Peacemoon Traders
Packing Credit
-
33
Withdrawn Penguin Electronics Ltd
CC
CRISIL BBB
125
Reaffirmed Penguin Electronics Ltd
Loan Against
CRISIL BBB
75
Reaffirmed
Property Penguin Electronics Ltd
Proposed LT Bk
CRISIL BBB
10
Reaffirmed
Loan Fac Penguin Electronics Ltd
TL
CRISIL BBB
100
Reaffirmed Pinnacle Infotech Solutions
TL
CRISIL BBB
150
- (Issuer Not Cooperating) PR.M. Modern Rice Mill
CC
CRISIL B+
50
Reaffirmed PR.M. Modern Rice Mill
WC Demand Loan
CRISIL B+
10
Reaffirmed Prakash Gold Palace Pvt Ltd
CC
-
1761.2 Withdrawn (Issuer Not Cooperating) Premier Chemicals
Proposed LT Bk
CRISIL BB
200
Assigned
Loan Fac Premium Medical and Health Care
TL
CRISIL BB-
2165
- Providers Pvt Ltd (Issuer Not Cooperating) Pure Solar Pvt Ltd
CC
CRISIL BB-
32.5
Reaffirmed RA Fashions Pvt Ltd
CC
CRISIL B
25
Upgraded from
CRISIL D RA Fashions Pvt Ltd
LT Loan
CRISIL B
17.5
Upgraded from
CRISIL D Ramgo Modern Rice Mill
CC
CRISIL B
57.5
Reaffirmed Rana Denim Pvt Ltd
CC
CRISIL BB-
80
Reaffirmed Rana Denim Pvt Ltd
Proposed LT Bk
CRISIL BB-
208.5 Reaffirmed
Loan Fac Ray Engineering Ltd
Overdraft
CRISIL BBB-
260
Reaffirmed S S M Foundation Trust For Educational LT Loan
CRISIL D
44
- and Social Development (Issuer Not Cooperating) S S M Foundation Trust For Educational Overdraft
CRISIL D
16
- and Social Development (Issuer Not Cooperating) Sahib Pesticides
CC
CRISIL B+
70
Reaffirmed Sai Highway And Builders Pvt Ltd
Overdraft
CRISIL BB-
15
Assigned Sajeev Mathew and Co.
CC
CRISIL B
150
Assigned Samraksha Health Care Pvt Ltd
LT Loan
CRISIL B
100
- (Issuer Not Cooperating) Sarda Plywood Industries Ltd
CC
CRISIL B-
359.6 Reaffirmed Sarda Plywood Industries Ltd
TL
CRISIL B-
10
Reaffirmed Satabdi Tea Processing Pvt Ltd
CC
CRISIL B
22.5
- (Issuer Not Cooperating) Satabdi Tea Processing Pvt Ltd
LT Loan
CRISIL B
77.5
- (Issuer Not Cooperating) Savitri Education Foundation
Proposed TL
CRISIL BB+
200
- (Issuer Not Cooperating) Savitri Education Foundation
TL
CRISIL BB+
400
- (Issuer Not Cooperating) Sesa Minerals Ltd
CC
CRISIL B+
150
Reaffirmed Sesa Minerals Ltd
LOC
CRISIL B+
200
Reaffirmed Sesa Minerals Ltd
Proposed LT Bk
CRISIL B+
50
Reaffirmed
Loan Fac Shairu Gems Diamonds Pvt Ltd
Packing Credit
CRISIL BBB+
2132
Reassigned Shairu Gems Diamonds Pvt Ltd
Proposed LT Bk
CRISIL BBB+
118
Reassigned
Loan Fac Shairu Gems Diamonds Pvt Ltd
Standby Line of
CRISIL BBB+
382
Reassigned
Credit Shambhu Singh Engineers Pvt Ltd
CC
CRISIL B+
55
- (Issuer Not Cooperating) Shib Dass Metals Pvt Ltd
Channel Financing CRISIL B+
120
Downgraded
from CRISIL
BB- Shree Electromelts Ltd
CC
CRISIL BBB-
75
Upgraded from
CRISIL BB+ Shyam Enterprises
CC
CRISIL B
370.7 Reaffirmed Shyam Enterprises
Proposed LT Bk
CRISIL B
12.3
Reaffirmed
Loan Fac Siddhivinayak Aesthetics Pvt Ltd
CC
CRISIL B-
150
- (Issuer Not Cooperating) Siddhivinayak Aesthetics Pvt Ltd
Proposed LT Bk
CRISIL B-
50
-
Loan Fac (Issuer Not Cooperating) Siwal Infracon Pvt Ltd
CC
CRISIL BB-
69
Migrated from
CRISIL B+ (Issuer Not Cooperating) Sneha Constructions
CC
CRISIL B
120
- (Issuer Not Cooperating) Sneha Constructions
Proposed WC Fac
CRISIL B
5
- (Issuer Not Cooperating) Sonas - Bangalore
CC
CRISIL BB-
60
- (ISSUER NOT COOPERATING) Sonas - Bangalore
WC Demand Loan
CRISIL BB-
10
- (ISSUER NOT COOPERATING) South Central Railway Employees Co-op LT Bk Fac
CRISIL BBB-
1250
- Credit Society Ltd (ISSUER NOT COOPERATING) South City Projects (Kolkata) Ltd
TL
CRISIL BB+
857.7 - (Issuer Not Cooperating) Spentagon Ceramic Pvt Ltd
CC
CRISIL BB-
45
Upgraded from
CRISIL B+ Spentagon Ceramic Pvt Ltd
TL
CRISIL BB-
50
Upgraded from
CRISIL B+ Sri Balaji Raw And Parboiled Rice Mills CC
CRISIL D
150
Downgraded Pvt Ltd
from CRISIL B Sri Balaji Raw And Parboiled Rice Mills Warehouse FinancingCRISIL D
150
Downgraded Pvt Ltd
from CRISIL B Sri Bhagyalakshmi Agro Foods Pvt Ltd
CC
CRISIL BB
125
- (Issuer Not Cooperating) Sri Durga Automotives
CC
CRISIL BB-
145
- (Issuer Not Cooperating) Sri Saravana Constructions
Secured Overdraft CRISIL B+
100
-
Fac (Issuer Not Cooperating) Sri Vengatesh Modern Rice Mills
CC
CRISIL B+
15
Assigned Sri Vengatesh Modern Rice Mills
WC TL
CRISIL B+
50
Assigned Sri Venkatesh Iron and Alloys India Ltd CC
CRISIL BB+
120
Migrated from
CRISIL BBB- (Issuer Not Cooperating) Sri Venkatesh Iron and Alloys India Ltd Proposed LT Bk
CRISIL BB+
24
Migrated from
Loan Fac
CRISIL BBB- (Issuer Not Cooperating) Sri Venkatesh Iron and Alloys India Ltd Standby LOC
CRISIL BB+
5
Migrated from
CRISIL BBB- (Issuer Not Cooperating) Sri Venkatesh Iron and Alloys India Ltd Standby Line of
CRISIL BB+
13
Migrated from
Credit
CRISIL BBB- (Issuer Not Cooperating) Surabhi Innovation Pvt Ltd
CC
CRISIL BB+
55
- (Issuer Not Cooperating) Surabhi Innovation Pvt Ltd
Proposed LT Bk
CRISIL BB+
37.5
-
Loan Fac (Issuer Not Cooperating) Surabhi Innovation Pvt Ltd
Standby Line of
CRISIL BB+
7.5
-
Credit (Issuer Not Cooperating) Swaroop Techno Components Pvt Ltd
CC
CRISIL BBB-
80
Upgraded from
CRISIL BB+ Swaroop Techno Components Pvt Ltd
TL
CRISIL BBB-
17.5
Upgraded from
CRISIL BB+ The India Thermit Corporation Ltd
Proposed LT Bk
CRISIL A-
7
Reassigned
Loan Fac The Innovators Digital Ads Pvt Ltd
TL
CRISIL B+
70
Assigned The Ugar Sugar Works Ltd
CC
CRISIL BB-
2340
Downgraded
from CRISIL BB The Ugar Sugar Works Ltd
TL
CRISIL BB-
780
Downgraded
from CRISIL BB Tirupati Agri Inputs
CC
CRISIL B+
50
Reaffirmed Tirupati Agri Inputs
LT Loan
CRISIL B+
6.4
Reaffirmed Tirupati Agri Inputs
Proposed LT Bk
CRISIL B+
2.6
Reaffirmed
Loan Fac Transrail Logistics Ltd
CC
CRISIL BBB+
180
Reaffirmed Transrail Logistics Ltd
Proposed LT Bk
CRISIL BBB+
45
Reaffirmed
Loan Fac Transworld Shoes Pvt Ltd
Bill Discounting CRISIL BB-
20
Reaffirmed TRK Textile India Pvt Ltd
CC
CRISIL BB-
240
- (Issuer Not Cooperating) TRK Textile India Pvt Ltd
LT Loan
CRISIL BB-
210.5 - (Issuer Not Cooperating) Upasana Jewellers Pvt Ltd
Inventory Funding CRISIL BB
100
-
Fac (Issuer Not Cooperating) V.N. INN Pvt Ltd
CC
CRISIL B+
1.4
Upgraded from
CRISIL B V.N. INN Pvt Ltd
Overdraft
CRISIL B+
50
Upgraded from
CRISIL B V.N. INN Pvt Ltd
TL
CRISIL B+
2.7
Upgraded from
CRISIL B V.N. INN Pvt Ltd
Proposed LT Bk
CRISIL B+
5.9
Upgraded from
Loan Fac
CRISIL B Veer Overseas Ltd
CC
Withdrawn
60
- (Issuer Not Cooperating) Veer Overseas Ltd
Export Packing
Withdrawn
1570
-
Credit & Export
Bills Negotiation/Foreign Bill discounting (Issuer Not Cooperating) Veer Overseas Ltd
Warehouse Receipts Withdrawn
250
- (Issuer Not Cooperating) Vishwanath Singh Enterprises
CC/ Overdraft Fac CRISIL BB-
35
- (Issuer Not Cooperating) Vital Chemtech LLP
CC
CRISIL BB-
40
- (Issuer Not Cooperating) Voltech O and M Services Pvt Ltd
CC
CRISIL BBB-
57.5
Upgraded from
CRISIL BB+ Voltech O and M Services Pvt Ltd
Proposed BG
CRISIL BBB-
5.2
Upgraded from
CRISIL BB+ Voltech O and M Services Pvt Ltd
WC Demand Loan
CRISIL BBB-
12.3
Upgraded from
CRISIL BB+ Voltech O and M Services Pvt Ltd
SME Credit
CRISIL BBB-
5
Upgraded from
CRISIL BB+ Warkem Biotech Pvt Ltd
CC@
CRISIL A-
70
Reaffirmed @Interchangeable with book debt of Rs 5 crore, export packing credit of Rs 0.5 crore, export bill discounting of Rs 0.5 crore and letter of credit of Rs 2 crore. Warkem Biotech Pvt Ltd
Proposed LT Bk
CRISIL A-
88
Reaffirmed
Loan Fac Zeus Ceramics LLP
CC
CRISIL B+
20
Assigned Zeus Ceramics LLP
TL
CRISIL B+
40
Assigned
-------------------------------------------------------------------------------------------- $: 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.