CRISIL ratings for Indian debt instruments-May 26

Published 26-05-2016, 11:12 am
© Reuters.  CRISIL ratings for Indian debt instruments-May 26

May 26 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of May 25, 2016. COMPANY

INSTRUMENT

RATING

AMOUNT MOVEMENT

(RS.MLN) ------

----------

------

----- --------- SHORT TERM RATINGS: ------------------- Alfa Laval India Ltd

BG

CRISIL A1+

2695.5 Reaffirmed Alpex Exports Pvt Ltd

BG

CRISIL A4+

20

Reaffirmed Alpex Exports Pvt Ltd

LOC

CRISIL A4+

265

Reaffirmed BVSR PAM Road Projects Pvt Ltd

BG

CRISIL A2

10

Reaffirmed BVSR PRP Road Projects Pvt Ltd

BG

CRISIL A3+

14

Reaffirmed Concord Construction

BG

CRISIL A4

150

Downgraded

from 'CRISIL

A4+ DLF (NS:DLF) Ltd

BG

CRISIL A2+

8602.3 Reaffirmed DLF Ltd

LOC

CRISIL A2+

8100

Reaffirmed DLF Ltd

ST Loan

CRISIL A2+

18450 Reaffirmed Duflon Industries Pvt Ltd

BG

CRISIL A4

3.5

Upgraded from

CRISIL A4+ Duflon Industries Pvt Ltd

LOC

CRISIL A4

70

Upgraded from

CRISIL A4+ Everplus Plastics Pvt Ltd

LOC

CRISIL A4

2.5

Suspended Kalyan Aqua and Marine Exports India

BG

CRISIL A4+

3.4

Upgraded from Pvt Ltd

CRISIL A4' Kalyan Aqua and Marine Exports India

Foreign Bill

CRISIL A4+

300

Upgraded from Pvt Ltd

Discounting

CRISIL A4' Kalyan Aqua and Marine Exports India

LOC

CRISIL A4+

25

Upgraded from Pvt Ltd

CRISIL A4' Kalyan Aqua and Marine Exports India

Packing Credit

CRISIL A4+

150

Upgraded from Pvt Ltd

CRISIL A4' KUN Motoren Pvt Ltd

BG

CRISIL A4+

40.5

Assigned Nashik Forge Pvt Ltd

BG

CRISIL A4

25

Suspended Phaloudi Constructions and

BG

CRISIL A4+

160

Assigned Infrastructure Pvt Ltd Roofs and Ceilings (India) Pvt Ltd

LOC

CRISIL A4+

100

Assigned Roofs and Ceilings (India) Pvt Ltd

BG

CRISIL A4+

100

Assigned Roopa Industries Ltd

BG

CRISIL A4+

2

Reaffirmed Roopa Industries Ltd

Bill Discounting CRISIL A4+

60

Reaffirmed Roopa Industries Ltd

LOC

CRISIL A4+

25

Reaffirmed Shree Nathjee Roller Flour Mills Ltd

ST Loan

CRISIL

500

Reaffirmed

A2(Notice of

Withdrawal) Sleek Knitwears

LOC

CRISIL A4+

10

Reaffirmed SN Enviro - Tech Pvt Ltd

BG

CRISIL A3+

820

Reaffirmed Sourz Foods India Pvt Ltd

Bill Discounting CRISIL A4

15

Suspended Sourz Foods India Pvt Ltd

Packing Credit

CRISIL A4

35

Suspended Sourz Foods India Pvt Ltd

Proposed ST Bk

CRISIL A4

50

Suspended

Loan Fac Spectoms Engineering Pvt Ltd

BG

CRISIL A4

46.5

Downgraded

from 'CRISIL

A4+ Spectoms Engineering Pvt Ltd

Bill Purchase

CRISIL A4

2

Downgraded

from 'CRISIL

A4+ Spectoms Engineering Pvt Ltd

LOC

CRISIL A4

20

Downgraded

from 'CRISIL

A4+ SRG Apparels Pvt Ltd

BG

CRISIL A3+

8

Reaffirmed SRG Apparels Pvt Ltd

Export Packing

CRISIL A3+

300

Reaffirmed

Credit SRG Apparels Pvt Ltd

Post Shipment

CRISIL A3+

100

Reaffirmed

Credit Sunray Tiles Pvt Ltd

BG

CRISIL A4+

20

Reaffirmed SVA Syntex Pvt Ltd

BG

CRISIL A4+

0.3

Reaffirmed SVA Syntex Pvt Ltd

LOC

CRISIL A4+

20

Reaffirmed Tamil Nadu (NS:TNNP) Newsprint and Papers Ltd

ST Debt (Including CRISIL A1

500

Withdrawn

CP) Tamil Nadu Newsprint and Papers Ltd

CP

Provisional

500

Assigned

CRISIL A1+(SO) Texmo Industries

LOC & BG

CRISIL A1+

70

Reaffirmed Tranter India Pvt Ltd

LOC & BG

CRISIL A1+(SO) 300

Reaffirmed Veera Techno Trec Pvt Ltd

BG*

CRISIL A4

135

Reaffirmed *includes sub limit of letter of credit of Rs35 million Vijaya Ferlloys

Inland/Import LOC CRISIL A4

5

Reaffirmed VST Industries (NS:VSTI) Ltd

LOC & BG

CRISIL A1+

600

Reaffirmed LONG TERM RATINGS: ------------------- Aesthetic Gold Ornaments Pvt Ltd

CC

CRISIL BBB-

50

Assigned Alfa Laval India Ltd

CC

CRISIL AA+

277.1 Reaffirmed Alpex Exports Pvt Ltd

CC

CRISIL BB

150

Reaffirmed Asian Multiplexes Pvt Ltd

LT Loan

CRISIL BB

50

Reaffirmed Asian Multiplexes Pvt Ltd

Overdraft Fac

CRISIL BB

25

Reaffirmed Bellad and Company

CC

CRISIL BB

158

Reaffirmed Bellad and Company

LT Loan

CRISIL BB

40

Reaffirmed Bellad Enterprises Pvt Ltd

CC

CRISIL BB-

79

Reaffirmed BVSR KP Road Projects Pvt Ltd

Proposed LT Bk

CRISIL BBB

333

Reaffirmed

Loan Fac BVSR KP Road Projects Pvt Ltd

TL

CRISIL BBB

417

Reaffirmed BVSR PAM Road Projects Pvt Ltd

LT Loan

CRISIL BBB+

106.4 Reaffirmed BVSR PAM Road Projects Pvt Ltd

Proposed LT Bk

CRISIL BBB+

138.6 Reaffirmed

Loan Fac BVSR PRP Road Projects Pvt Ltd

LT Loan

CRISIL BBB

164.8 Reaffirmed BVSR PRP Road Projects Pvt Ltd

Proposed LT Bk

CRISIL BBB

181.2 Reaffirmed

Loan Fac Capitol Hill Hotels Pvt Ltd

TL

CRISIL D

450

Downgraded

from 'CRISIL

B- Concord Construction

CC

CRISIL B+

60

Downgraded

from 'CRISIL

BB-/Stable') Deluxe Cold Storage and Food Processors CC

CRISIL BBB+

700

Reaffirmed Ltd Deluxe Cold Storage and Food Processors Proposed LT Bk

CRISIL BBB+

150

Reaffirmed Ltd

Loan Fac DLF Ltd

Overdraft Fac

CRISIL A

4150

Reaffirmed DLF Ltd

Proposed LT Bk

CRISIL A

2189.1 Reaffirmed

Loan Fac DLF Ltd

TL

CRISIL A

115807.3Reaffirmed Duflon Industries Pvt Ltd

CC

CRISIL B+

40

Upgraded from

CRISIL BB Duflon Industries Pvt Ltd

Export Packing

CRISIL B+

275

Upgraded from

Credit

CRISIL BB Duflon Industries Pvt Ltd

Proposed LT Bk

CRISIL B+

204.2 Upgraded from

Loan Fac

CRISIL BB Duflon Industries Pvt Ltd

Standby LOC

CRISIL B+

25

Upgraded from

CRISIL BB Duflon Industries Pvt Ltd

TL

CRISIL B+

82.3

Upgraded from

CRISIL BB Egwood Industries Pvt Ltd

LT Loan

CRISIL BBB-

179.1 Upgraded from

CRISIL BB+ Egwood Industries Pvt Ltd

Proposed LT Bk

CRISIL BBB-

0.9

Upgraded from

Loan Fac

CRISIL BB+ Eminent Jewel Arcade Pvt Ltd

CC

CRISIL BB+

69.5

Assigned ESS Ell Cables Company

CC*

CRISIL B

100

Assigned

* Interchangeable with non-fund-based facilities Everplus Plastics Pvt Ltd

CC*

CRISIL B

27.5

Suspended *Includes Sub-limit of Rs. 10 million of Working Capital Demand Loan Everplus Plastics Pvt Ltd

Proposed LT Bk

CRISIL B

16.3

Suspended

Loan Fac Everplus Plastics Pvt Ltd

TL

CRISIL B

28.7

Suspended Gagan Pulses Pvt Ltd

CC

CRISIL BBB+

600

Reaffirmed Ganpati Foods - Fazilka

CC

CRISIL B

50

Assigned Ganpati Foods - Fazilka

Warehouse Receipts CRISIL B

20

Assigned ICICI Prudential (LON:PRU) Money Market Fund

Money Market Fund CRISIL AAAmfs -

Reaffirmed Indra Power Gen. Pvt Ltd

CC

CRISIL D

40

Suspended Indra Power Gen. Pvt Ltd

Proposed LT Bk

CRISIL D

70.5

Suspended

Loan Fac Indra Power Gen. Pvt Ltd

TL

CRISIL D

129.5 Suspended JKC General Trading Co.

Buyer Credit Limit CRISIL BB

100

Reaffirmed JKC General Trading Co.

CC

CRISIL BB

50

Reaffirmed JKC General Trading Co.

Warehouse Receipts CRISIL BB

150

Reaffirmed Kalyan Aqua and Marine Exports India

Proposed LT Bk

CRISIL BB-

21.5

Upgraded from Pvt Ltd

Loan Fac

CRISIL

B+ Kalyan Aqua and Marine Exports India

Standby LOC

CRISIL BB-

25

Upgraded from Pvt Ltd

CRISIL

B+ Kalyan Aqua and Marine Exports India

TL

CRISIL BB-

58.3

Upgraded from Pvt Ltd

CRISIL

B+ KUN Motoren Pvt Ltd

CC/ Overdraft Fac CRISIL BB

50

Assigned Mangal Pulses Pvt Ltd

CC

CRISIL BBB+

495

Reaffirmed Musaddilal Projects Ltd

LT Loan

CRISIL BBB-

510

Assigned Musaddilal Projects Ltd

Proposed LT Bk

CRISIL BBB-

60

Assigned

Loan Fac Muthu Silk House

CC

CRISIL B+

60

Reaffirmed Muthu Silk House

Proposed CC Limit CRISIL B+

5

Reaffirmed Nashik Forge Pvt Ltd

CC

CRISIL B

50

Suspended Nashik Forge Pvt Ltd

TL

CRISIL B

25

Suspended Phaloudi Constructions and

CC

CRISIL BB+

30

Assigned Infrastructure Pvt Ltd Premier Cryogenics Ltd

CC

CRISIL BBB

30

Upgraded from

CRISIL BBB- Premier Cryogenics Ltd

Proposed LT Bk

CRISIL BBB

125

Upgraded from

Loan Fac

CRISIL BBB- Priniti Foods Pvt Ltd

CC

CRISIL B

20

Downgraded

from

CRISIL B+ Priniti Foods Pvt Ltd

TL

CRISIL B

107.5 Downgraded

from

CRISIL B+ Roofs and Ceilings (India) Pvt Ltd

CC

CRISIL BB-

20

Assigned Roopa Industries Ltd

CC

CRISIL BB-

32.5

Reaffirmed Roopa Industries Ltd

LT Loan

CRISIL BB-

8

Reaffirmed Roopa Industries Ltd

Proposed LT Bk

CRISIL BB-

8

Reaffirmed

Loan Fac Roopa Industries Ltd

SME Credit

CRISIL BB-

2.5

Reaffirmed Roopa Industries Ltd

TL

CRISIL BB-

2

Reaffirmed S.V. Motors

LT Loan

CRISIL B+

2

Assigned S.V. Motors

Open CC

CRISIL B+

63

Assigned Salasar Balaji Real Infra

TL

CRISIL B-

50

Assigned Sargodha Oil Mills Pvt Ltd

CC

CRISIL BBB+

600

Reaffirmed SB Motor Corp

CC

CRISIL BB-

110

Reaffirmed SBI (NS:SBI)

SBI Premier Liquid CRISIL AAAmfs -

Reaffirmed

Fund SBI

SBI Magnum

CRISIL AAAmfs -

Reaffirmed

InstaCash Fund SBI Magnum InstaCash Fund and SBI

SBI Premier Liquid CRISIL AAAmfs -

Reaffirmed Premier Liquid Fund

Fund SBI Magnum InstaCash Fund and SBI

SBI Magnum

CRISIL AAAmfs -

Reaffirmed Premier Liquid Fund

InstaCash Fund Sheen Golden Jewels (india) Pvt Ltd

CC

CRISIL BB+

50

Assigned Shree Bankey Behari Exports Ltd

CC

CRISIL BBB+

4900

Reaffirmed Shree Bankey Behari Exports Ltd

Proposed CC Limit CRISIL BBB+

1100

Reaffirmed Shree Bankey Behari Food Processors Pvt CC

CRISIL BBB+

400

Reaffirmed Ltd Shree Nathjee Roller Flour Mills Ltd

CC

CRISIL BBB+

500

Reaffirmed Shreemukh Builders Pvt Ltd

Secured Overdraft CRISIL BB

300

Upgraded from

Fac

CRISIL BB- Shreemukh Infra Projects Pvt Ltd

Secured Overdraft CRISIL B+

180

Reaffirmed

Fac Siyaram Impex Pvt Ltd

CC

CRISIL B-

80

Downgraded

from 'CRISIL

B Siyaram Impex Pvt Ltd

Proposed LT Bk

CRISIL B-

9.1

Downgraded

Loan Fac

from 'CRISIL

B Sleek Knitwears

Overdraft Fac

CRISIL BB-

425

Reaffirmed Sleek Knitwears

TL

CRISIL BB-

25

Reaffirmed SN Enviro - Tech Pvt Ltd

CC

CRISIL BBB

60

Reaffirmed Spectoms Engineering Pvt Ltd

CC

CRISIL B+

16

Downgraded

from 'CRISIL

BB- Spectoms Engineering Pvt Ltd

Proposed LT Bk

CRISIL B+

20.5

Downgraded

Loan Fac

from 'CRISIL

BB- Spectoms Engineering Pvt Ltd

TL

CRISIL B+

5

Downgraded

from 'CRISIL

BB- SRG Apparels Pvt Ltd

Buyer Credit Limit CRISIL BBB

85

Reaffirmed SRG Apparels Pvt Ltd

LT Loan

CRISIL BBB

67

Reaffirmed SRG Apparels Pvt Ltd

Proposed LT Bk

CRISIL BBB

75

Reaffirmed

Loan Fac Sumo Biscuits Pvt Ltd

CC

CRISIL B+

72.5

Assigned Sumo Biscuits Pvt Ltd

TL

CRISIL B+

148.5 Assigned Sunray Tiles Pvt Ltd

CC

CRISIL BB-

60

Reaffirmed Sunray Tiles Pvt Ltd

Proposed LT Bk

CRISIL BB-

70

Reaffirmed

Loan Fac SVA Syntex Pvt Ltd

CC

CRISIL BB+

20

Upgraded from

CRISIL

BB SVA Syntex Pvt Ltd

Proposed LT Bk

CRISIL BB+

59.7

Upgraded from

Loan Fac

CRISIL

BB Telu Ram Amar Chand & Company

CC

CRISIL BBB+

350

Reaffirmed Texmo Industries

CC

CRISIL A+

650

Reaffirmed Texmo Industries

Proposed TL

CRISIL A+

850

Reaffirmed TGI Packaging Pvt Ltd

CC

CRISIL BB

160

Upgraded from

CRISIL B+ TGI Packaging Pvt Ltd

LT Loan

CRISIL BB

15

Upgraded from

CRISIL B+ TGI Packaging Pvt Ltd

Proposed CC Limit CRISIL BB

35.5

Upgraded from

CRISIL B+ Tranter India Pvt Ltd

Export Packing

CRISIL AA(SO) 200

Reaffirmed

Credit Tranter India Pvt Ltd

WC Demand Loan

CRISIL AA(SO) 207

Reaffirmed Ukay Luggage India Pvt Ltd

CC

CRISIL BB-

60

Reaffirmed Ukay Luggage India Pvt Ltd

TL

CRISIL BB-

30

Reaffirmed Veera Techno Trec Pvt Ltd

CC

CRISIL B

50

Reaffirmed Vijaya Ferlloys

CC

CRISIL B

55

Downgraded

from 'CRISIL

B+ Vijaya Ferlloys

Proposed CC Limit CRISIL B

15

Downgraded

from 'CRISIL

B+ -------------------------------------------------------------------------------------------- $: 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.

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