CRISIL ratings for Indian debt instruments-Oct 27

Published 27-10-2017, 12:30 pm
© Reuters.

Oct 27 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of October 26, 2017. COMPANY

INSTRUMENT

RATING

AMOUNT MOVEMENT

(RS.MLN) ------

----------

------

----- --------- SHORT TERM RATINGS: ------------------- Aditya Investment And Exim Trade

Proposed Packing CRISIL A4

150

Assigned Company Pvt Ltd

Credit Al Kabeer Exports Pvt Ltd

Packing Credit

CRISIL A3+

850

Reaffirmed Education Trust

Overdraft

CRISIL Arun Shanti A2

70

Reaffirmed Balarama Krishna Spinning Mills Pvt Ltd LOC

CRISIL A4+

25

Reaffirmed CCS Computers Pvt Ltd

BG

CRISIL A3

250

Upgraded from

CRISIL A4+ CCS Computers Pvt Ltd

Inland/Import LOC CRISIL A3

20

Upgraded from

CRISIL A4+ Chemi Enterprises LLP

Inland/Import LOC CRISIL A4+

140

Reaffirmed Chemi Enterprises LLP

Proposed LOC

CRISIL A4+

10

Reaffirmed Coastal Corporation Ltd

Bill Purchase

CRISIL A3+

150

Upgraded from

CRISIL A3 Digha Sea Food Exports Pvt Ltd

BG

CRISIL A4+

3.5

Reaffirmed GSC Glass Ltd

BG

CRISIL A2

50

Reaffirmed GSC Glass Ltd

LOC

CRISIL A2

50

Reaffirmed Guiness Securities Ltd

BG

CRISIL A4+

279.8 Reaffirmed Housing Development Finance (NS:HDFC) Corporation CP

CRISIL A1+

750000 Reaffirmed Ltd IndusInd Bank (NS:INBK) Ltd

CDs

CRISIL A1+

0

Reaffirmed IndusInd Bank Ltd

FD Programme

CRISIL A1+

0

Reaffirmed J.P. International

Bill Purchase

CRISIL A4+

124.5 Reaffirmed

Discounting Fac Jayarathana Exports

Foreign Bill

CRISIL A4

40

Reaffirmed

Discounting Kashvi Power and Steel Pvt Ltd

Standby Line of

CRISIL A4+

15

Reaffirmed

Credit KEC International (NS:KECL) Ltd

CP

CRISIL A1+

80000 Reaffirmed Khayati Steel Industries Pvt Ltd

BG

CRISIL A3

137.5 Reaffirmed Mekins Industries Ltd

LOC & BG

CRISIL A3+

40

Reaffirmed Mother Theressa Educational Society

BG

CRISIL A4+

17

Reaffirmed Nizamudeen A

Proposed ST Bk

CRISIL A4

40

Assigned

Loan Fac Nizamudeen A

BG

CRISIL A4

10

Assigned R. S. Food Processes India Pvt Ltd

BG

CRISIL A4+

100

Reaffirmed Raghava Constructions

BG

CRISIL A3

3500

Upgraded from

CRISIL A4+ Saiteja Drugs and Intermidiates Pvt Ltd Bill Discounting CRISIL A4+

15

Reaffirmed

under LOC Saiteja Drugs and Intermidiates Pvt Ltd Inland/Import LOC CRISIL A4+

35

Reaffirmed Sankranthi Raw and Boiled Rice Mill

Foreign LOC

CRISIL A4+

8

Upgraded from

CRISIL A4 Santalall and Brothers

Letter Of GuaranteeCRISIL A4+

90

Reaffirmed Shah Foils Ltd

BG

CRISIL A3

25

Reaffirmed Shah Foils Ltd

LOC

CRISIL A3

250

Reaffirmed Shanti Education Society

Overdraft

CRISIL A2

225

Reaffirmed Sharvani Ventures & Avenues Pvt Ltd

BG

CRISIL A4+

10

Reaffirmed Shree Krishna Rolling Mills (Jaipur ) BG

CRISIL A3

100

Reaffirmed Ltd Shree NM Electricals Ltd

LOC

CRISIL A3+

70

Reaffirmed Southern Rocks and Minerals Pvt Ltd

Export Packing

CRISIL A2

133.5 Reaffirmed

Credit Southern Rocks and Minerals Pvt Ltd

LOC

CRISIL A2

30

Reaffirmed Stericon Pharma Pvt Ltd

Import LOC Limit CRISIL A3+

5

Reaffirmed The Republic Pvt Ltd

BG

CRISIL A4+

11.9

Downgraded

from CRISIL A3 Issuer Not Cooperating Thirumalai Chemicals Ltd

LOC

CRISIL A1

3138

Upgraded from

CRISIL A2+ Varahi Ltd

BG

CRISIL A3

40

Downgraded

from CRISIL

A3+ Varahi Ltd

LOC & BG

CRISIL A3

106.6 Downgraded

from CRISIL

A3+ Vintek Circuits (India) Pvt. Ltd.

LOC

CRISIL A4+

200

Assigned MEDIUM TERM RATINGS: ------------------- Housing Development (NS:HDIL) Finance Corporation FD

FAAA

Reaffirmed Ltd LONG TERM RATINGS: ------------------- Al Kabeer Exports Pvt Ltd

Proposed LT Bk

CRISIL BBB

127.8 Reaffirmed

Loan Fac Al Kabeer Exports Pvt Ltd

TL

CRISIL BBB

22.2

Reaffirmed Arun Shanti Education Trust

Proposed LT Bk

CRISIL BBB+

187

Reaffirmed

Loan Fac Arun Shanti Education Trust

TL

CRISIL BBB+

43

Reaffirmed Balajee Arun Educational Society

CC

CRISIL BBB+

5

Upgraded from

CRISIL BBB Balajee Arun Educational Society

LT Loan

CRISIL BBB+

245

Upgraded from

CRISIL BBB Balarama Krishna Spinning Mills Pvt Ltd CC

CRISIL BB

150

Reaffirmed Balarama Krishna Spinning Mills Pvt Ltd LT Loan

CRISIL BB

18

Reaffirmed Balarama Krishna Spinning Mills Pvt Ltd Proposed FB Bk

CRISIL BB

283.5 Reaffirmed

Limits Balarama Krishna Spinning Mills Pvt Ltd Proposed LT Bk

CRISIL BB

80

Assigned

Loan Fac Bhopal Motors Pvt Ltd

Inventory Funding CRISIL B+

138.5 Reaffirmed

Fac Bramha Leisures Pvt Ltd

Proposed LT Bk

CRISIL B

2.5

Assigned

Loan Fac Bramha Leisures Pvt Ltd

Secured Overdraft CRISIL B

95

Assigned

Fac CCS Computers Pvt Ltd

CC

CRISIL BBB-

22

Upgraded from

CRISIL BB+ CCS Computers Pvt Ltd

Proposed LT Bk

CRISIL BBB-

8

Upgraded from

Loan Fac

CRISIL BB+ Chemi Enterprises LLP

CC

CRISIL BB

50

Reaffirmed Coastal Corporation Ltd

Credit Limit Under CRISIL BBB

50

Upgraded from

Gold Card

CRISIL BBB- Coastal Corporation Ltd

Export Packing

CRISIL BBB

650

Upgraded from

Credit

CRISIL BBB- Concept Clothing

Proposed CC Limit CRISIL BBB-

24.6

Assigned Concept Clothing

Export Packing

CRISIL BBB-

220

Assigned

Credit Concept Clothing

LT Loan

CRISIL BBB-

5.4

Assigned Digha Sea Food Exports Pvt Ltd

Bill Discounting CRISIL BB-

40

Reaffirmed Digha Sea Food Exports Pvt Ltd

Packing Credit

CRISIL BB-

60

Reaffirmed GSC Glass Ltd

CC

CRISIL BBB+

80

Reaffirmed GSC Glass Ltd

Proposed LT Bk

CRISIL BBB+

190

Reaffirmed

Loan Fac Guiness Securities Ltd

CC

CRISIL BB-

300

Reaffirmed Guiness Securities Ltd

Overdraft

CRISIL BB-

10

Reaffirmed Guiness Securities Ltd

Proposed LT Bk

CRISIL BB-

190.2 Reaffirmed

Loan Fac Guiness Securities Ltd

TL

CRISIL BB-

20

Reaffirmed Housing Development Finance Corporation NCD Issue

CRISIL AAA

350000 Reaffirmed Ltd Housing Development Finance Corporation NCD Issue

CRISIL AAA

350000 Reaffirmed Ltd Housing Development Finance Corporation NCD Issue

CRISIL AAA

350000 Reaffirmed Ltd Housing Development Finance Corporation NCD Issue

CRISIL AAA

350000 Reaffirmed Ltd Housing Development Finance Corporation NCD Issue

CRISIL AAA

50000 Reaffirmed Ltd Housing Development Finance Corporation NCDs

CRISIL AAA

800720 Reaffirmed Ltd Housing Development Finance Corporation Bonds

CRISIL AAA

465

Reaffirmed Ltd Housing Development Finance Corporation Subordinated Debt CRISIL AAA

59750 Reaffirmed Ltd IndusInd Bank Ltd

Tier-I Bonds

CRISIL AA

0

Reaffirmed

(Under Basel III) IndusInd Bank Ltd

Tier-I Bonds

CRISIL AA

0

Reaffirmed

(Under Basel III) IndusInd Bank Ltd

Infrastructure

CRISIL AA+

0

Reaffirmed

Bond Issue J. Kay Agencies

CC

CRISIL B-

54.5

Assigned J. Kay Agencies

Proposed LT Bk

CRISIL B-

25.5

Assigned

Loan Fac Jalalabad Rice Exports Pvt Ltd

CC

CRISIL BB-

240

Reaffirmed Jayarathana Exports

Export Packing

CRISIL B

43

Reaffirmed

Credit Jayarathana Exports

LT Loan

CRISIL B

2

Reaffirmed JCBL Ltd

BG

CRISIL D

50

Reaffirmed JCBL Ltd

CC

CRISIL D

340

Reaffirmed JCBL Ltd

Corporate Loan

CRISIL D

119.2 Reaffirmed JCBL Ltd

Inland/Import LOC CRISIL D

180

Reaffirmed JCBL Ltd

Proposed LT Bk

CRISIL D

269.8 Reaffirmed

Loan Fac JCBL Ltd

Rupee TL

CRISIL D

141

Reaffirmed K. M. International

CC

CRISIL B

50

Assigned K. M. International

TL

CRISIL B

70

Assigned Kashvi Power and Steel Pvt Ltd

CC

CRISIL BB-

305

Reaffirmed KEC International Ltd

NCD

CRISIL AA-

10000 Assigned Khayati Steel Industries Pvt Ltd

CC

CRISIL BBB-

450

Reaffirmed Khayati Steel Industries Pvt Ltd

LT Loan

CRISIL BBB-

200

Reaffirmed Khayati Steel Industries Pvt Ltd

Proposed LT Bk

CRISIL BBB-

91.1

Reaffirmed

Loan Fac M.K.R. Traders Pvt Ltd

CC

CRISIL B+

180

Reaffirmed M.K.R. Traders Pvt Ltd

LT Loan

CRISIL B+

7.2

Reaffirmed M.K.R. Traders Pvt Ltd

Proposed CC Limit CRISIL B+

32.8

Reaffirmed Mekins Industries Ltd

CC

CRISIL BBB

110

Reaffirmed Mekins Industries Ltd

LT Loan

CRISIL BBB

30

Reaffirmed Mistair Health And Hygiene Pvt Ltd

CC

CRISIL B+

8

Reaffirmed Mistair Health And Hygiene Pvt Ltd

LT Loan

CRISIL B+

87

Reaffirmed Mistair Health And Hygiene Pvt Ltd

TL

CRISIL B+

55

Reaffirmed Modern Agro Mills

CC

CRISIL BB-

90

Assigned Mosaram Enterprises Ltd

CC

CRISIL BB+

110

Reaffirmed Mosaram Enterprises Ltd

Electronic Dealer CRISIL BB+

60

Reaffirmed

Financing

Scheme(e-DFS) Mosaram Enterprises Ltd

Proposed LT Bk

CRISIL BB+

82

Reaffirmed

Loan Fac Mother Theressa Educational Society

Overdraft

CRISIL BB+

50

Reaffirmed Mother Theressa Educational Society

Proposed LT Bk

CRISIL BB+

271.3 Reaffirmed

Loan Fac Mother Theressa Educational Society

TL

CRISIL BB+

180

Reaffirmed Nagarwala Enterprises

CC

CRISIL B+

100

Assigned;

Suspension

Revoked Newpack Plastics Pvt Ltd

CC

CRISIL BB+

65

Upgraded from

CRISIL BB Newpack Plastics Pvt Ltd

LT Loan

CRISIL BB+

20

Upgraded from

CRISIL BB Newpack Plastics Pvt Ltd

Proposed CC Limit CRISIL BB+

15

Upgraded from

CRISIL BB Nizamudeen A

Proposed LT Bk

CRISIL B

32

Assigned

Loan Fac Nizamudeen A

CC

CRISIL B

18

Assigned Parasmal Pagariya and Co

CC

CRISIL BB-

150

Reaffirmed Removed from 'Issuer Not Cooperating' Parasmal Pagariya and Sons

CC

CRISIL B+

60

Reaffirmed Parasmal Pagariya and Sons

Proposed LT Bk

CRISIL B+

40

Reaffirmed

Loan Fac R. S. Food Processes India Pvt Ltd

CC

CRISIL BB-

30

Reaffirmed R. S. Food Processes India Pvt Ltd

Proposed LT Bk

CRISIL BB-

2.4

Reaffirmed

Loan Fac R. S. Food Processes India Pvt Ltd

TL

CRISIL BB-

11

Reaffirmed Raghava Constructions

Proposed LT Bk

CRISIL BBB-

1000

Upgraded from

Loan Fac

CRISIL BB+ Raghava Constructions

Secured Overdraft CRISIL BBB-

350

Upgraded from

Fac

CRISIL BB+ S. R. Constructions - Nashik

Proposed LT Bk

CRISIL BB-

50

Upgraded from

Loan Fac

CRISIL B+ S. R. Constructions - Nashik

Proposed TL

CRISIL BB-

20

Upgraded from

CRISIL B+ Saiteja Drugs and Intermidiates Pvt Ltd CC

CRISIL BB

20

Reaffirmed Saiteja Drugs and Intermidiates Pvt Ltd LT Loan

CRISIL BB

9.5

Reaffirmed Saiteja Drugs and Intermidiates Pvt Ltd Proposed FB Bk

CRISIL BB

5.5

Reaffirmed

Limits Salasar Green Energy Pvt Ltd

Rupee TL

CRISIL D

250

Downgraded

from CRISIL BB Sankranthi Raw and Boiled Rice Mill

CC

CRISIL BB-

99

Upgraded from

CRISIL B+ Sankranthi Raw and Boiled Rice Mill

LT Loan

CRISIL BB-

3

Upgraded from

CRISIL B+ Santalall and Brothers

CC

CRISIL BB

20

Reaffirmed Shah Foils Ltd

CC

CRISIL BBB-

600

Reaffirmed Shah Foils Ltd

Proposed LT Bk

CRISIL BBB-

34.1

Reaffirmed

Loan Fac Shah Foils Ltd

TL

CRISIL BBB-

245.9 Reaffirmed Shanti Education Society

Proposed LT Bk

CRISIL BBB+

450

Reaffirmed

Loan Fac Shanti Education Society

TL

CRISIL BBB+

475

Reaffirmed Sharvani Ventures & Avenues Pvt Ltd

Secured Overdraft CRISIL BB

52.5

Reaffirmed

Fac Shree Krishna Rolling Mills (Jaipur ) Bill Discounting CRISIL BBB-

5

Reaffirmed Ltd Shree Krishna Rolling Mills (Jaipur ) CC

CRISIL BBB-

190

Reaffirmed Ltd Shree Krishna Rolling Mills (Jaipur ) LT Loan

CRISIL BBB-

22

Reaffirmed Ltd Shree Krishna Rolling Mills (Jaipur ) Secured Overdraft CRISIL BBB-

60

Reaffirmed Ltd

Fac Shree NM Electricals Ltd

CC

CRISIL BBB

280

Reaffirmed Shree NM Electricals Ltd

Electronic Dealer CRISIL BBB

650

Reaffirmed

Financing

Scheme(e-DFS) SIISA

Proposed TL

CRISIL B+

150

Assigned Southern Rocks and Minerals Pvt Ltd

CC

CRISIL BBB+

17

Reaffirmed Southern Rocks and Minerals Pvt Ltd

TL

CRISIL BBB+

159.3 Reaffirmed Stericon Pharma Pvt Ltd

CC

CRISIL BBB

40

Reaffirmed Stericon Pharma Pvt Ltd

Proposed LT Bk

CRISIL BBB

136.9 Reaffirmed

Loan Fac Stericon Pharma Pvt Ltd

Standby Line of

CRISIL BBB

5

Reaffirmed

Credit The Republic Pvt Ltd

CC

CRISIL BB+

122.5 Downgraded

from CRISIL

BBB- Issuer Not Cooperating The Republic Pvt Ltd

Inventory Funding CRISIL BB+

87.5

Downgraded

Fac

from CRISIL

BBB- Issuer Not Cooperating The Republic Pvt Ltd

TL

CRISIL BB+

27

Downgraded

from CRISIL

BBB- Issuer Not Cooperating Thirumalai Chemicals Ltd

CC

CRISIL A-

1750

Reaffirmed Thirumalai Chemicals Ltd

Proposed FB Bk

CRISIL A-

927.4 Reaffirmed

Limits UB Ventures Pvt Ltd

CC

CRISIL B+

70

Reaffirmed UB Ventures Pvt Ltd

Proposed LT Bk

CRISIL B+

43.4

Reaffirmed

Loan Fac UB Ventures Pvt Ltd

TL

CRISIL B+

20.3

Reaffirmed Varahi Ltd

CC

CRISIL BBB-

50

Downgraded

from CRISIL

BBB Varahi Ltd

Proposed WC Fac

CRISIL BBB-

3.4

Downgraded

from CRISIL

BBB Vedant Trade Impex Pvt Ltd

Packing Credit

CRISIL B+

150

Assigned Vintek Circuits (India) Pvt. Ltd.

CC

CRISIL BB+

20

Assigned Vivek Agro Foods

CC

CRISIL BBB

210

Reaffirmed Vivek Agro Foods

LT Loan

CRISIL BBB

30

Reaffirmed -------------------------------------------------------------------------------------------- $: 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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.