Mar 23 (Reuters) - Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of March 20, 2015. COMPANY
INSTRUMENT
RATING
AMOUNT MOVEMENT
(RS.MLN) -------
----------
------
------- --------- SHORT TERM RATINGS: ------------------- Anand Mine Tools Pvt Ltd
ST Bk Fac
CARE A4
16
Assigned Arvind Techno Engineers Pvt Ltd
ST Bk Fac
CARE A2
125
Reaffirmed Bhavani Cotspin
ST Bk Fac
CARE A4
14.8
Reaffirmed Brahmaputra Technologies
ST Bk Fac
CARE A4
15
Assigned Devanshi Powers Ltd
ST Bk Fac
CARE A4
140
Reaffirmed Fortune Cars Pvt Ltd
ST Bk Fac
CARE A4
90
Reaffirmed Greenbrilliance Energy Pvt Ltd
ST Bk Fac
CARE D
55
Revised from
CARE A4 HDFC Bank (NSE:HDBK) Ltd
CDs
CARE A1+
150000 Outstanding Noble Tech Industries Pvt Ltd
ST Bk Fac
CARE A4+
755
Revised from
CARE A4 Orbis Elevator Co. Ltd
ST Bk Fac
CARE A4
7.5
Assigned PME Power Solutions (India) Ltd
ST Bk Fac
CARE A4+
350
Reaffirmed (reduced from Rs. 15 Cr) Prabhat Elastomers Pvt Ltd
ST Bk Fac
CARE A4
140
Reaffirmed Sakar Healthcare Pvt. Ltd
ST Bk Fac
CARE A3
20
Assigned Timblo Drydocks Pvt Ltd
ST Bk Fac
CARE A4
250
Reaffirmed MEDIUM TERM RATINGS: --------------------- HDFC Bank Ltd
Fixed Deposits
CARE AAA (FD)
Outstanding LONG TERM RATINGS: ------------------- Anand Mine Tools Pvt Ltd
LT Bk Fac
CARE B+
57.5
Assigned Arvind Techno Engineers Pvt Ltd
LT/ST Bk Fac
CARE BBB+
1300
Reaffirmed
/CARE A2 Atharva Infrastructure
LT Bk Fac
CARE BB-
225
Reaffirmed Azad Coach Pvt Ltd
Bk Fac
-
-
Suspended Behari Colds Pvt Ltd
Bk Fac
-
-
Suspended Bhartiyam Educational & Social WelfareBk Fac
-
-
Suspended Society Bhavani Cotspin
LT Bk Fac
CARE BB
135.1 Revised from
CARE B+ (Reduced from Rs 16.07 Cr) Bhavani Cotspin
LT/ST Bk Fac
CARE BB/CARE 40
Revised from
A4
CARE B+ /
CARE A4 Brahmaputra Technologies
LT Bk Fac
CARE B+
145
Reaffirmed Cedar MFI Trust 20
Series A PTCs#
CARE A-(SO)
Assigned #The PTCs rated based on ultimate payment of principal. Cedar MFI Trust 20
Series A2 PTCs#
Care B(SO)
Assigned #The PTCs rated based on ultimate payment of principal. Dattakala Shikshan Sanstha
Bk Fac
-
-
Suspended Devanshi Powers Ltd
LT Bk Fac
CARE B+
90
Reaffirmed Eastman International Ltd
Bk Fac
-
-
Suspended Ekvira Cotex Pvt Ltd
Bk facility
-
-
Withdrawn Girna Infraprojects Pvt Ltd
Bk Fac
-
-
Suspended Goyal Cotton Fiber
LT Bk Fac
CARE B+
90.1
Reaffirmed (enhanced from Rs. 8.35 Cr) Greenbrilliance Energy Pvt Ltd
LT Bk Fac
CARE D
60.6
Revised from
CARE BB Greenbrilliance Energy Pvt Ltd
LT/ST Bk Fac
CARE D
75
Revised from
CARE BB /
CARE A4 Havmor Restaurants Pvt Ltd
LT Bk Fac
CARE BBB
90
Assigned Havmor Restaurants Pvt Ltd
LT/ST Bk Fac
CARE BBB/CARE 60
Assigned
A3+ HDFC Bank Ltd
Infrastructure
CARE AAA
100000 Assigned
Bonds HDFC Bank Ltd
Lower Tier II
CARE AAA
179190 Outstanding
Bonds HDFC Bank Ltd
Upper Tier II BondsCARE AAA
51000 Outstanding HDFC Bank Ltd
Perpetual Bonds
CARE AAA
12000 Outstanding Himalayan Packaging Industries Pvt LtdBk Fac
-
-
Suspended Himalayan Polymer Industries
Bk Fac
-
-
Suspended Horizon Projects Pvt Ltd
NCD
-
-
Withdrawn J J Buildtech
Bk Fac
-
-
Suspended J J Realtech Pvt Ltd
Bk Fac
-
-
Suspended Jaypee Powergrid Ltd
LT Bk Fac
CARE A-
5823.9 Reaffirmed (reduced from Rs 653.18 Cr) Kaizen Industries
Bk facility
-
-
Suspended Kasturchand Rughnath & Sons
Bk Fac
-
-
Suspended Kufri Hotels Pvt Ltd
LT Bk Fac
CARE D
258.7 Reaffirmed Kwality Agro Products
Bk Fac
-
-
Suspended Monsoon Palace Resort Pvt Ltd
LT Bk Facilities CARE BB-
31.3
Suspension
revoked and
Revised from
CARE B NHDC Ltd
LT Bk Fac
CARE AAA
8195.9 Revised from
CARE AA+ Noble Tech Industries Pvt Ltd
LT Bk Fac
CARE BB+
1247.8 Revised from
CARE BB (enhanced from Rs 109.93 Cr) Noble Tech Industries Pvt Ltd
LT/ST Bk Fac
CARE BB+/CARE 180
Revised from
A4+
CARE BB/ CARE
A4 Odyssa Home And Commercials Pvt Ltd LT Bk Fac
CARE BB
237.5 Assigned Orbis Elevator Co. Ltd
LT Bk Fac
CARE BB-
40.6
Assigned Pandurangkrupa Industries
LT Bk Fac
CARE B+
61.4
Assigned Parkash Cotton Pressing Factory
Bk Fac
-
-
Suspended Pawar Patkar & Ds Contractors
Bk Fac
-
-
Suspended Associates Pvt Ltd PME Power Solutions (India) Ltd
LT Bk Fac
CARE BB+
566.9 Reaffirmed (reduced from Rs. 126 Cr) PME Power Solutions (India) Ltd
LT/ST Bk Fac
CARE BB+/CARE 1560
Reaffirmed
A4+ (reduced from Rs. 109 Cr) Prabhat Elastomers Pvt Ltd
LT Bk Fac
CARE BB+/CARE 230
Revised from
A4
CARE BB /
Reaffirmed Radha Krishna Automobiles Pvt Ltd
LT Bk Fac
CARE BB
250
Reaffirmed Ramdev Cotton Industries
LT Bk Fac
CARE B+
95
Revised from
CARE B (reduced from Rs 9.85 Cr) Ravi Industries
Bk Fac
-
-
Suspended Redsun Agri Genetics Pvt Ltd
LT Bk Fac
CARE BB
100
Assigned Ripuraj Agro Pvt. Ltd.
LT Bk Fac
CARE BB-
171.1 Reaffirmed (enhanced from Rs.16.09 Cr) Rita International
Bk Fac
-
-
Suspended Sakar Healthcare Pvt. Ltd
LT Bk Fac
CARE BBB-
128.6 Assigned Sansar Buildcon Pvt Ltd
LT Bk Fac
CARE BB-
150
Revised from
CARE B+ Sudhir Constructions
Bk Fac
-
-
Suspended Timblo Drydocks Pvt Ltd
LT Bk Fac
CARE BB-
500
Revised from
CARE BB Vatika Hotels Pvt Ltd
Bk Fac
-
-
Suspended Vedant Starch Pvt Ltd
Bk Fac
-
-
Suspended -------------------------------------------------------------------------------------------- $: 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.