CRISIL ratings for Indian debt instruments-Sep 18

Published 18-09-2018, 02:22 pm
© Reuters.

Sep 18 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of September 17, 2018. COMPANY

INSTRUMENT

RATING

AMOUNT MOVEMENT

(RS.MLN) ------

----------

------

----- --------- SHORT TERM RATINGS: ------------------- Aryan Granites and Monuments Pvt Ltd

BG

CRISIL A3

5

Reaffirmed Aryan Granites and Monuments Pvt Ltd

LOC

CRISIL A3

20

Reaffirmed Benso Garmenting

Foreign Exchange CRISIL A4+

11

Reaffirmed

Forward Betwa Ice & Cold Storage Pvt Ltd

Overdraft

CRISIL A4

1.6

Assigned Glittek Granites Ltd

BG

CRISIL A4+

1.5

Reaffirmed Glittek Granites Ltd

Bill Discounting CRISIL A4+

100

Reaffirmed Glittek Granites Ltd

LOC

CRISIL A4+

20

Reaffirmed Glittek Granites Ltd

Standby Export

CRISIL A4+

10

Reaffirmed

Packing Credit INFINA Finance Pvt Ltd

CP Issue

CRISIL A1+

85000 Assigned INFINA Finance Pvt Ltd

CP Issue

CRISIL A1+

45000 Withdrawn INFINA Finance Pvt Ltd

CP Programme

CRISIL A1+

7500

Reaffirmed Jiwanram Sheoduttrai Industries Pvt Ltd BG

CRISIL A4

2.5

Migrated from

CRISIL D (ISSUER NOT COOPERATING) Jiwanram Sheoduttrai Industries Pvt Ltd Foreign Bill

CRISIL A4

150

Migrated from

Discounting

CRISIL D (ISSUER NOT COOPERATING) Jiwanram Sheoduttrai Industries Pvt Ltd LOC

CRISIL A4

10

Migrated from

CRISIL D (ISSUER NOT COOPERATING) Jiwanram Sheoduttrai Industries Pvt Ltd Packing Credit

CRISIL A4

150

Migrated from

CRISIL D (ISSUER NOT COOPERATING) MAG Solvics Pvt Ltd

BG

CRISIL A4+

6

Reaffirmed Reaffirmed Mech Well Industries Ltd

BG

CRISIL A4+

75

Reaffirmed Mech Well Industries Ltd

LOC

CRISIL A4+

25

Reaffirmed MSGP Infra Tech Pvt Ltd

BG

CRISIL A4+

0.7

Assigned P.S.R. Gran

Foreign Bill

CRISIL A4

50

Reaffirmed

Negotiation P.S.R. Gran

Packing Credit

CRISIL A4

70

Reaffirmed P.S.R. Granites Pvt Ltd

Foreign Bill

CRISIL A4

35

Reaffirmed

Negotiation P.S.R. Granites Pvt Ltd

Packing Credit

CRISIL A4

62.5

Reaffirmed Pinnaccle Educational Trust

Proposed NFBL

CRISIL A4+

5

Migrated from

CRISIL A4+ (ISSUER NOT COOPERATING) Pioneer NF Forgings India Pvt Ltd

BG

CRISIL A4

0.5

Reaffirmed Piramal Enterprises (NS:PIRA) Ltd

CP Programme

CRISIL A1+

120000 Reaffirmed Shankara Building Products Ltd

Bill Discounting CRISIL A1

450

Reaffirmed Sri Lakshmi Mini Rice Mill

Letter Of GuaranteeCRISIL A4

7.1

Reaffirmed Sri Lakshmi Saraswathi Textiles (Arni) Bill Discounting CRISIL A4

35

Reaffirmed Ltd Sri Lakshmi Saraswathi Textiles (Arni) LOC

CRISIL A4

20

Reaffirmed Ltd Sri Lakshmi Saraswathi Textiles (Arni) Packing Credit

CRISIL A4

20

Reaffirmed Ltd Suresh Techno Electro (India) LLP

BG

CRISIL A4

60

- (ISSUER NOT COOPERATING) Tee Knits

Foreign Bill

CRISIL A4

54

-

Negotiation (ISSUER NOT COOPERATING) Tee Knits

Packing Credit

CRISIL A4

20

- (ISSUER NOT COOPERATING) Track India Pvt Ltd

BG

CRISIL A4

350

- (ISSUER NOT COOPERATING) VenkhataSrinivasa Infracon Pvt Ltd

Overdraft

CRISIL A4

60

- (ISSUER NOT COOPERATING) Venkraft Paper Mills Pvt Ltd

LOC

CRISIL A4

7.5

- (ISSUER NOT COOPERATING) Versatile Mobile Distributors Pvt Ltd BG

CRISIL A4

51.5

- (ISSUER NOT COOPERATING) Vijay Fire Vehicles and Pumps Ltd

BG

CRISIL A4

70

- (ISSUER NOT COOPERATING) Vijay Fire Vehicles and Pumps Ltd

Inland/Import LOC CRISIL A4

10

- (ISSUER NOT COOPERATING) Vinayak Minerals

Proposed ST Bk

CRISIL A4

10

-

Loan Fac (ISSUER NOT COOPERATING) Vinora Industries

BG

CRISIL A4+

80

Reaffirmed Visa (NYSE:V) Powertech Pvt Ltd

BG

CRISIL A4

80

- (ISSUER NOT COOPERATING) LONG TERM RATINGS: ------------------- Aryan Granites and Monuments Pvt Ltd

CC

CRISIL BBB-

110

Reaffirmed Aryan Granites and Monuments Pvt Ltd

Export Packing

CRISIL BBB-

110

Reaffirmed

Credit Aryan Granites and Monuments Pvt Ltd

Foreign Bill

CRISIL BBB-

10

Reaffirmed

Discounting Aryan Granites and Monuments Pvt Ltd

Foreign Currency TLCRISIL BBB-

68

Reaffirmed Aryan Granites and Monuments Pvt Ltd

Standby Line of

CRISIL BBB-

35

Reaffirmed

Credit Aryan Granites and Monuments Pvt Ltd

Proposed LT Bk

Withdrawn

198

Reaffirmed

Loan Fac Avana Logistek Ltd

CC

CRISIL A-

400

Reaffirmed Benso Garmenting

CC

CRISIL BB-

4

Downgraded

from 'CRISIL

BB Benso Garmenting

Export Packing

CRISIL BB-

45

Downgraded

Credit

from 'CRISIL

BB Betwa Ice & Cold Storage Pvt Ltd

TL

CRISIL B

35

Assigned Betwa Ice & Cold Storage Pvt Ltd

Proposed LT Bk

CRISIL B

33.4

Assigned

Loan Fac Betwa Ice & Cold Storage Pvt Ltd

CC

CRISIL B

30

Assigned Evita Constructions Pvt Ltd

Proposed LT Bk

CRISIL BBB

5000

Reaffirmed

Loan Fac Evita Constructions Pvt Ltd

TL

CRISIL BBB

10000 Reaffirmed Glittek Granites Ltd

Packing Credit

CRISIL BB-

70

Reaffirmed Globe Steels Pvt Ltd

CC

CRISIL BBB

100

Assigned Government of India (GoI) Fully

GoI Fully Serviced CRISIL AAA

10000 Reaffirmed Serviced Bonds (Issued by Inland

Bonds - IWAI Waterways Authority of India) Innova Fabtex Pvt Ltd

CC

CRISIL D

30

Downgraded

from 'CRISIL

BB- Innova Fabtex Pvt Ltd

LT Loan

CRISIL D

10

Downgraded

from 'CRISIL

BB- Innova Fabtex Pvt Ltd

Proposed LT Bk

CRISIL D

60

Downgraded

Loan Fac

from 'CRISIL

BB- Jainam Fab Pvt Ltd

TL

CRISIL BB-

24

Assigned Jainam Fab Pvt Ltd

CC

CRISIL BB-

40

Assigned Jainam Fab Pvt Ltd

Proposed TL

CRISIL BB-

16

Assigned Jiwanram Sheoduttrai Industries Pvt Ltd Proposed LT Bk

CRISIL C

351.4 Migrated from

Loan Fac

CRISIL D (ISSUER NOT COOPERATING) Jiwanram Sheoduttrai Industries Pvt Ltd TL

CRISIL C

12

Migrated from

CRISIL D (ISSUER NOT COOPERATING) Joyous Blocks And panels Pvt Ltd

CC

CRISIL B+

55

Assigned Joyous Blocks And panels Pvt Ltd

LT Loan

CRISIL B+

210

Assigned MAG Solvics Pvt Ltd

CC

CRISIL BB

45

Upgraded from

CRISIL BB- MAG Solvics Pvt Ltd

Proposed WC Fac

CRISIL BB

5.3

Upgraded from

CRISIL BB- MAG Solvics Pvt Ltd

TL

CRISIL BB

22.5

Upgraded from

CRISIL BB- Mech Well Industries Ltd

CC

CRISIL BB

60

Upgraded from

CRISIL BB- Modi Car Agencies Pvt Ltd

Channel Financing CRISIL BB

200

Reaffirmed Modi Car Agencies Pvt Ltd

Inventory Funding CRISIL BB

165.2 Reaffirmed

Fac Modi Car Agencies Pvt Ltd

TL

CRISIL BB

234.8 Reaffirmed Modi Motors Agencies Pvt Ltd

CC

CRISIL BB

140

Migrated from

CRISIL BB+ (ISSUER NOT COOPERATING) Modi Motors Agencies Pvt Ltd

Inventory Funding CRISIL BB

520

Migrated from

Fac

CRISIL BB+ (ISSUER NOT COOPERATING) Modi Motors Agencies Pvt Ltd

LT Loan

CRISIL BB

185

Migrated from

CRISIL BB+ (ISSUER NOT COOPERATING) Modi Motors Agencies Pvt Ltd

Overdraft

CRISIL BB

25

Migrated from

CRISIL BB+ (ISSUER NOT COOPERATING) MSGP Infra Tech Pvt Ltd

Proposed LT Bk

CRISIL BB-

54.5

Assigned

Loan Fac MSGP Infra Tech Pvt Ltd

LT Bk Fac

CRISIL BB-

9.8

Assigned MSGP Infra Tech Pvt Ltd

CC

CRISIL BB-

15

Assigned Nambiar Builders Pvt Ltd

Proposed TL

CRISIL BBB

1750

Reaffirmed Nambiar Builders Pvt Ltd

TL

CRISIL BBB

250

Reaffirmed New Aniket Packaging Industries Pvt Ltd TL

CRISIL BB

50

Assigned New Aniket Packaging Industries Pvt Ltd Proposed TL

CRISIL BB

20

Assigned New Aniket Packaging Industries Pvt Ltd CC

CRISIL BB

25

Assigned New Aniket Packaging Industries Pvt Ltd Proposed LT Bk

CRISIL BB

15

Assigned

Loan Fac OM Energy Generation Pvt Ltd

Proposed LT Bk

CRISIL B+

16.5

Reaffirmed

Loan Fac OM Energy Generation Pvt Ltd

Rupee TL

CRISIL B+

383.5 Reaffirmed P.S.R. Gran

CC

CRISIL B+

10

Reaffirmed P.S.R. Gran

Proposed LT Bk

CRISIL B+

32.5

Assigned

Loan Fac P.S.R. Granites Pvt Ltd

CC

CRISIL B+

7.5

Reaffirmed Persipina Developers Pvt Ltd

TL

CRISIL BBB

16500 Reaffirmed Pinnaccle Educational Trust

Proposed FB Bk

CRISIL BB

19.5

Migrated from

Limits

CRISIL BB (ISSUER NOT COOPERATING) Pinnaccle Educational Trust

TL

CRISIL BB

100.5 Migrated from

CRISIL BB (ISSUER NOT COOPERATING) Pioneer NF Forgings India Pvt Ltd

CC

CRISIL B+

50

Reaffirmed Pioneer NF Forgings India Pvt Ltd

Proposed CC Limit CRISIL B+

22.5

Reaffirmed Pioneer NF Forgings India Pvt Ltd

TL

CRISIL B+

7

Reaffirmed Raghu Exports India Pvt Ltd

CC

-

360

Withdrawn (ISSUER NOT COOPERATING) Raghu Exports India Pvt Ltd

LOC

-

23.5

Withdrawn (ISSUER NOT COOPERATING) Real Assam Tea Industries

CC

CRISIL BB-

50

Assigned S. K. Textiles

CC

CRISIL D

60

Downgraded

from 'CRISIL

BB- S. K. Textiles

LT Loan

CRISIL D

10

Downgraded

from 'CRISIL

BB- Sadashib Cold Storage Pvt Ltd

CC

CRISIL B+

50

Reaffirmed Sadashib Cold Storage Pvt Ltd

Proposed LT Bk

CRISIL B+

20

Reaffirmed

Loan Fac Sadashib Cold Storage Pvt Ltd

WC Loan

CRISIL B+

5

Reaffirmed Saharanpur Institute of Medical

TL

CRISIL B

180.5 Assigned Sciences Pvt Ltd Shankara Building Products Ltd

CC

CRISIL A

100

Reaffirmed Shankara Building Products Ltd

CC & WC demand loanCRISIL A

2550

Reaffirmed Shankara Building Products Ltd

TL

CRISIL A

40

Reaffirmed Shankara Building Products Ltd

WC Demand Loan^

CRISIL A

700

Reaffirmed ^Interchangeable with letter of credit of Rs.30 crore and bank guarantee of Rs.30 crore Shiv Jyoti Furnace Pvt Ltd

CC

CRISIL D

45

- (ISSUER NOT COOPERATING) Shiv Jyoti Furnace Pvt Ltd

LT Loan

CRISIL D

17.5

- (ISSUER NOT COOPERATING) Shiv Jyoti Furnace Pvt Ltd

Proposed LT Bk

CRISIL D

37.5

-

Loan Fac (ISSUER NOT COOPERATING) SP Accure Labs Pvt Ltd

CC

CRISIL B-

75

Revised from

CRISIL B Revised from 'CRISIL B/Stable (ISSUER NOT COOPERATING)' to 'CRISIL D' and simultaneously migrated to 'CRISIL B-/Stable' SP Accure Labs Pvt Ltd

LT Loan

CRISIL B-

100

Revised from

CRISIL B Revised from 'CRISIL B/Stable (ISSUER NOT COOPERATING)' to 'CRISIL D' and simultaneously migrated to 'CRISIL B-/Stable' Sri Durga Automotives-Anantapur

CC

CRISIL BB-

135

Reaffirmed Sri Durga Automotives-Anantapur

Electronic Dealer CRISIL BB-

55

Reaffirmed

Financing

Scheme(e-DFS) Sri Lakshmi Mini Rice Mill

CC

CRISIL B+

45

Reaffirmed Sri Lakshmi Mini Rice Mill

LT Loan

CRISIL B+

37.5

Upgraded from

CRISIL B Sri Lakshmi Saraswathi Textiles (Arni) CC

CRISIL B-

50

Reaffirmed Ltd Sri Lakshmi Saraswathi Textiles (Arni) Proposed LT Bk

CRISIL B-

170

Reaffirmed Ltd

Loan Fac Surendra Mining Industries Pvt Ltd

TL

CRISIL B

552

- (ISSUER NOT COOPERATING) Suresh Techno Electro (India) LLP

CC

CRISIL B+

15

- (ISSUER NOT COOPERATING) Suresh Techno Electro (India) LLP

TL

CRISIL B+

2.5

- (ISSUER NOT COOPERATING) SVR Enterprises

Proposed BG

CRISIL B

10

- (ISSUER NOT COOPERATING) SVR Enterprises

Proposed CC Limit CRISIL B

50

- (ISSUER NOT COOPERATING) Tagore Educational Trust

Proposed LT Bk

CRISIL B+

28

Assigned

Loan Fac Tagore Educational Trust

Overdraft

CRISIL B+

40

Assigned Tagore Educational Trust

CC

CRISIL B+

65

Assigned Tagore Educational Trust

LT Loan

CRISIL B+

407

Assigned The Chennai Shopping Mall-Jewellers

CC

CRISIL BB+

50

-

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