PRESS RELEASE


PRESS RELEASE




Date Entity Name Instrument Rating Outlook
14.04.2021 Westin Resins and Polymers Private Limited Long Term Bank Facilities of Rs. 24.91 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR B+ (Assigned)

IVR A4 (Assigned)
Stable

-
14.04.2021 Madhya Bharat Agro Products Limited (MBAPL) Long Term Fund Based Bank Facility - Term Loan of Rs. 49.97 Cr.

Long Term Fund Based Bank Facility - Cash Credit of Rs. 15.50 Cr.

Short Term Non Fund Based Bank Facility - Pre Settlement Risk (PSR) of Rs. 1.50 Cr.
IVR BBB+ (Assigned)

IVR BBB+ (Assigned)

IVR A2 (Assigned)
Stable

Stable

-
14.04.2021 Krishana Phoschem Limited (KPL) Long Term Fund Based Bank Facility - Term Loan of Rs. 12.35 Cr.

Long Term Fund Based Bank Facility - Cash Credit of Rs. 17.00 Cr.

Short Term Non Fund Based Bank Facility - Letter of Credit of Rs. 25.00 Cr.

Short Term Non Fund Based Bank Facility - Pre Settlement Risk (PSR) of Rs. 1.00 Cr.
IVR BBB+ (Assigned)

IVR BBB+ (Assigned)

IVR A2 (Assigned)

IVR A2 (Assigned)
Stable

Stable

-

-
13.04.2021 Panasian Impex Private Limited Proposed Long Term Bank Facility Fund based Limit of Rs. 1.86 Cr.

Short Term Bank Facility - Fund Based Limit of Rs. 55.00 Cr.

Short Term Bank Facility - Non Fund Based Limit of Rs. 1.14 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)

IVR A4 (Assigned)
Stable

-

-
12.04.2021 OPJ Trading Private Limited Non Convertible Debentures of Rs. 100.00 Cr.(Present o/s Nil) Withdrawn -
12.04.2021 Tathastu Spintex Private Limited Long Term Bank Facilities of Rs. 53.25 Cr.

Long Term Bank Facilities of Rs. 2.00 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
09.04.2021 Mani Square Limited Long Term Bank Facilities of Rs. 197.78 Cr. IVR BB+ (ISSUER NOT COOPERATING) -
09.04.2021 Jaycon Infrastructure Limited Long Term Bank Facilities of Rs. 40.00 Cr.

Short Term Bank Facilities of Rs. 60.00 Cr.
IVR D (ISSUER NOT COOPERATING)
IVR D (ISSUER NOT COOPERATING)
-

-
08.04.2021 M/s Debabrata Behera Long Term Bank Facilities of Rs. 14.00 Cr.

Long Term Bank Facilities of Rs. 60.00 Cr.

Short Term Bank Facilities of Rs. 10.17 Cr.
IVR BBB- (CE)

Withdrawn

IVR A3 (CE)
Stable

-

-
08.04.2021 PP Pandey Infrastructure Private Limited Long Term Fund based facilities - Cash Credit of Rs. 3.00 Cr.

Short Term Non Fund based facilities - Bank Guarantee of Rs. 12.00 Cr.
IVR BB+

IVR A4+
Stable

-
08.04.2021 Victora Auto Private Limited Term Loan of Rs. 5.00 Cr.(Reduced from Rs.10.00 Cr.)

Fund Based Facilities (CC) of Rs. 20.00 Cr.

Fund Based Facilities (Bill Discounting) of Rs. 180.00 Cr.(Enhanced from Rs.135.00 Cr.)

Non Fund Based Facilities (LC/BG) of Rs. 25.00 Cr.
IVR A- (Reaffirmed)

IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)

IVR A2+ (Reaffirmed)
Stable

Stable

-

-
07.04.2021 Sagar Nutriments Private Limited Long term Bank Facilities - Term Loan of Rs. 52.86 Cr.(Enhanced from Rs.42.32 Cr.)
Long Term Fund based Bank Facilities - Cash Credit of Rs. 35.00 Cr.(Reduced from Rs.45.00 Crore)
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Stable

Stable
07.04.2021 Amarnath Cold Storage Private Limited Long Term Bank Facilities of Rs. 6.50 Cr. IVR B+ (Reaffirmed and Withdrawn) Stable
07.04.2021 Vishal Nirmiti Private Limited (VNPL) Long Term Bank Facilities of Rs. 53.62 Cr.

Short Term Bank Facilities of Rs. 28.33 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
07.04.2021 Sun N Wind Infra Energy Private Limited Long Term Fund Based Bank Facilities – Term Loan of Rs. 37.00 Cr. IVR BB+ (Assigned) Stable
07.04.2021 Acute Retail Infra Private Limited [ARIPL] Long Term Facility Fund Based - Term Loan of Rs. 60.11 Cr. (Reduced from INR 76.05) IVR B (Revised) Credit Watch with Developing Implication
07.04.2021 Shreyash Aluminium and Alloys Private Limited Long Term Bank Facilities - Cash Credit of Rs. 11.50 Cr.

Proposed Long Term Bank Facilities - Cash Credit of Rs. 2.50 Cr.

Short Term Bank Facilities of Rs. 10.00 Cr.
Provisional IVR A- (CE)(Withdrawn)
Provisional IVR A- (CE)(Withdrawn)
Provisional IVR A2+ (CE)(Withdrawn)
Stable

Stable

-
07.04.2021 Smart Card IT Solutions Limited [SCISL] Long Term Fund Based Limits of Rs. 47.35 Cr.(including proposed limit of Rs.10.00 Cr.)
Long Term Debt - Term Loan of Rs. 30.79 Cr.

Short Term Non Fund Based Facilities of Rs. 11.30 Cr.
IVR BB- (ISSUER NOT COOPERATING)
IVR BB- (ISSUER NOT COOPERATING)
IVR A4 (ISSUER NOT COOPERATING)
-

-

-
07.04.2021 Shri Swami Samarth Engineers Limited [SSSEL] Long Term Fund Based Facilities - Cash Credit of Rs. 30.00 Cr.

Short Term Non-Fund based Facilities - Bank Guarantee of Rs. 30.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Credit Watch with Developing Implication
Credit Watch with Developing Implication
06.04.2021 GMR Enterprises Private Limited [GEPL] Long Term Fund based facilities Non Convertible Debentures of Rs. 125.00 Cr. IVR BB+ (CE)(Assigned) Stable
06.04.2021 Parekhplast India Limited Long Term Bank Facilities of Rs. 28.38 Cr.

Short Term Bank Facilities of Rs. 6.42 Cr.
IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
06.04.2021 NV International Private Limited Long Term Bank Facilities - Fund Based of Rs. 91.00 Cr.

Short Term Bank Facilities Non Fund Based of Rs. 5.00 Cr.
IVR BBB (Revised)

IVR A3+ (Revised)
IVR A3+ (Revised)
Credit Watch with Developing Implications

Credit Watch with Developing Implications
06.04.2021 NV Distilleries Private Limited Long Term Bank Facilities - Fund Based of Rs. 60.00 Cr. IVR BBB (Revised) Credit Watch with Developing Implications
06.04.2021 NV Distilleries & Breweries Private Limited Long Term Bank Facilities - Fund Based of Rs. 192.76 Cr.

Short Term Bank Facilities Fund Based (Proposed) of Rs. 50.00 Cr.

Short Term Bank Facilities - Non Fund Based of Rs. 1.75 Cr.
IVR BBB (Revised)

IVR A3+ (Revised)
IVR A3+ (Revised)
Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications
06.04.2021 Amitasha Enterprises Private Limited (AEPL) Long Term Fund Based Facility - Cash Credit of Rs. 44.00 Cr.(Reduced from INR 50.00 Crore)
Long Term/Short Term Non Fund Based Facility - Bank Guarantee of Rs. 50.60 Cr.(Increased from INR 35.00 Crore)

Short Term Non Fund Based Facility - Letter of Credit of Rs. 18.40 Cr.(Reduced from INR 40.00 Crore)
Long Term Bank Facility - Demand Loans (CECL & GECL) of Rs. 11.02 Cr.
IVR BB+ (Revised)

IVR BB+/IVR A4+; (Revised)

IVR A4+ (Revised)

IVR BB+ (Assigned)
Credit Watch with Developing Implications
Credit Watch with Developing Implications

Credit Watch with Developing Implications
Credit Watch with Developing Implications
06.04.2021 Lendingkart Finance Limited Long Term Bank Facilities of Rs. 150.00 Cr.

(NCD/Long/Short Term Bank Facilities) of Rs. 350.00 Cr.
IVR A- (Revalidated)

IVR A- (Revalidated)
Stable

Stable
06.04.2021 Shri Maa Marketing Private Limited [SMMPL] Long Term Fund Based Facilities of Rs. 10.00 Cr.

Short Term Non Fund based Facilities of Rs. 25.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Credit Watch with Developing Implications

Credit Watch with Developing Implications
06.04.2021 Victora Auto Private Limited Term Loan of Rs. 10.00 Cr.

Fund Based Facilities (CC) of Rs. 20.00 Cr.

Fund Based Facilities (Bill Discounting) of Rs. 135.00 Cr.

Non Fund Based Facilities (LC/BG) of Rs. 25.00 Cr.
IVR A- (Reaffirmed)

IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)

IVR A2+ (Reaffirmed)
Stable

Stable

-

-
06.04.2021 VRV Foods Limited Long Term Bank Facilities of Rs. 8.75 Cr.

Short Term Bank Facilities of Rs. 16.25 Cr.
IVR B+

IVR A4
Stable

-
06.04.2021 Globus Industries and Services Limited Long Term Bank Facilities of Rs. 25.20 Cr.

Short Term Bank Facilities of Rs. 19.80 Cr.
IVR B

IVR A4
Stable

-
06.04.2021 Central Godavari Krushak Seva Sahakari Sanstha Limited (CGKSSSL) Long Term Bank Facilities of Rs. 66.20 Cr. IVR B (Assigned) Stable
05.04.2021 A.V. Overseas Long Term Bank Facilities of Rs. 11.39 Cr.

Short Term Bank Facilities of Rs. 0.61 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
05.04.2021 A.V. Agro Foods Long Term Bank Facilities of Rs. 5.05 Cr.

Short Term Bank Facilities of Rs. 0.20 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
05.04.2021 Karle Properties Long Term Bank Facility - Lease Rental Discounting (LRD)of Rs. 54.50 Cr. IVR BBB- Stable
05.04.2021 Sheetal Cool Products Limited Long Term Bank Facilities - Term Loan of Rs. 22.25 Cr.(Reduced from Rs.40.25 crore)

Long Term Bank Facilities - Cash Credit of Rs. 27.75 Cr.(Enhanced from Rs. 10.00 crore)
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Stable

Stable
05.04.2021 Sambhv Sponge Power Private Limited [SSPPL] Long Term Fund Based Facility - Cash Credit of Rs. 47.00 Cr. (Enhanced from Rs.17.00 crore)

Long Term Fund Based Facility - Term Loan of Rs. 71.00 Cr.(Enhanced from Rs.32.50 crore)

Short Term Non- Fund Based Facility - Letter of Credit of Rs. 9.50 Cr.
IVR BB+ (INC)(ISSUER NOT COOPERATING)
IVR BB+ (INC)(ISSUER NOT COOPERATING)
IVR A4 (INC)(ISSUER NOT COOPERATING)
-

-

-
05.04.2021 S. Pyarelal Ispat Private Limited [SPIPL] Long Term Fund Based Facility - Cash Credit of Rs. 20.11 Cr. (including Rs.12.11 crore proposed limit)
Long Term Fund Based Facility - Term Loan of Rs. 3.16 Cr.(Outstanding)

Long Term Fund Based Facility - Cash Credit of Rs. 14.00 Cr.
IVR BB+ (INC)(ISSUER NOT COOPERATING)
IVR BB+ (INC)(ISSUER NOT COOPERATING)
IVR BB+ (INC)(ISSUER NOT COOPERATING)
-

-

-
05.04.2021 Ganpati Sponge Iron Private Limited [GSIPL] Long Term Fund Based Facility - Cash Credit of Rs. 13.50 Cr. (including sub limit Inland LC of Rs. 2.50 crore)
Long Term Fund Based Facility - Term Loan of Rs. 1.50 Cr.
IVR BB+ (INC)(ISSUER NOT COOPERATING)
IVR BB+ (INC)(ISSUER NOT COOPERATING)
-

-
05.04.2021 Tirumalla Oil Refinery Private Limited (TORPL) Long Term Debt - Term Loan of Rs. 73.69 Cr.

Long Term Facility Fund Based - Cash Credit of Rs. 30.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)
IVR BB+ (ISSUER NOT COOPERATING)
-

-
05.04.2021 OMPEE Education Trust Long Term Fund based Facilities - Term Loan of Rs. 5.48 Cr. IVR B+ (ISSUER NOT COOPERATING) -
02.04.2021 SBW Udyog Limited Long Term Bank Facilities of Rs. 55.53 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

-
02.04.2021 Annapoorani Textiles Private Limited Long Term Bank Facilities of Rs. 29.65 Cr. IVR BBB- (Assigned) Credit watch with Developing Implications
02.04.2021 M/s S.R. Associates Long Term Bank Facilities (Proposed) of Rs. 35.00 Cr.

Short Term Bank Facilities (Proposed) of Rs. 10.00 Cr.
Provisional IVR BBB- (CE)

Provisional IVR A3 (CE)
Credit Watch with Developing Implications

Credit Watch with Developing Implications
01.04.2021 M/s. C K Constructions Long Term Bank Facilities of Rs. 3.00 Cr.

Long Term Bank Facilities (proposed) of Rs. 3.00 Cr.

Short Term Bank Facilities of Rs. 9.00 Cr.
IVR BB+ (Assigned)

IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

Stable

-
01.04.2021 Spinbell Textiles Private Limited Long Term Bank Facility - Term Loan (Proposed) of Rs. 33.75 Cr. Provisional IVR A+ (CE)(Assigned) Stable
01.04.2021 Finetrends Textiles Private Limited Long Term Bank Facility - Term Loan (Proposed) of Rs. 34.50 Cr. Provisional IVR A+ (CE)(Assigned) Stable
01.04.2021 K&R Rail Engineering Limited Long Term Bank Facility Fund Based - Cash Credit of Rs. 1.00 Cr.

Short Term Non Fund Based Limits - Bank Guarantee of Rs. 29.00 Cr.
Short Term Non Fund Based Limits - Bank Guarantee of Rs. 11.50 Cr.
Short Term Non Fund Based Limits - Bank Guarantee of Rs. 30.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)

IVR A3 (Reaffirmed)

Withdrawn
Stable

-

-

-
01.04.2021 M/s Maharaja Long Term Bank Facilities of Rs. 25.00 Cr.

Short Term Bank Facilities of Rs. 6.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
01.04.2021 S M Niryat Private Limited Long Term Bank Facilities of Rs. 36.00 Cr.

Short Term Bank Facilities of Rs. 4.50 Cr.
IVR A- (Assigned)

IVR A2+ (Assigned)
Stable

-
01.04.2021 Agarwal Induction Furnace Private Limited Long Term Bank Facilities of Rs. 15.00 Cr.

Long/Short Term Bank Facilities of Rs. 15.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Credit Watch with Developing Implications
Credit Watch with Developing Implications
01.04.2021 GBC Infrastructure Private Limited Long Term Bank Facilities (Proposed)

Short Term Bank Facilities (Proposed)
Withdrawn

Withdrawn
-

-
01.04.2021 Marwadi Shares & Finance Limited Long/Short Term Fund based facilities - Overdraft of Rs. 250.00 Cr.
Short Term Non Fund based facilities - Bank Guarantee of Rs. 1890.00 Cr.
IVR A-/IVR A2+

IVR A2+
Stable/-

-
31.03.2021 Amar Shakti Commerce and Industries Limited Long Term-Fund Based Bank Facilities (Proposed) of Rs. 20.00 Cr. IVR B+ (Reaffirmed) Stable
31.03.2021 SDB Developers Private Limited Long Term Bank Facilities of Rs. 87.60 Cr. IVR D (Issuer Not Cooperating) -
31.03.2021 Gajkesari Steel and Alloys Private Limited (GSAPL) Long Term Fund Based Bank Facilities - Term Loan of Rs. 37.66 Cr.

Long Term Fund Based Bank Facilities - Cash Credit of Rs. 30.00 Cr.

Short Term Non-Fund Based Bank Facilities - Bank Guarantee of Rs. 5.00 Cr.

Proposed Long Term Fund Based Bank Facilities – Term Loan of Rs. 72.34 Cr.

Proposed Long Term Fund Based Bank Facilities – Cash Credit of Rs. 50.00 Cr.

Proposed Short Term Non Fund Based Bank Facilities – Bank Guarantee of Rs. 5.00 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR A3 (Assigned)

IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR A3 (Assigned)
Positive

Positive

-

Positive

Positive

-
31.03.2021 Sri Aishwarya Refinery Private Limited (SARPL) Long Term Fund Based Bank Facilities - Term Loan of Rs. 1.79 Cr.

Long Term Fund Based Bank Facilities - Cash Credit of Rs. 24.00 Cr.

Short Term Non-Fund Based Bank Facilities - Letter of Credit of Rs. 15.00 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

Stable

-
31.03.2021 Maharaja Ispat Private Limited Long Term Bank Facilities of Rs. 30.97 Cr.(enhanced from Rs.18.77)

Short Term Bank Facilities of Rs. 15.00 Cr.(enhanced from Rs.6.23)
IVR BBB- (Revised)

IVR A3 (Revised)
Stable

-
31.03.2021 SCS Tech India Private Limited [STIPL] Issuer Rating IVR BB [Is](Assigned) Stable
31.03.2021 Asoke Timber Co. Long Term Bank Facilities of Rs. 16.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR D (ISSUER NOT COOPERATING)
IVR D (ISSUER NOT COOPERATING)
-

-
31.03.2021 Ganesh Benzoplast Limited Long Term Bank Facility Fund Based - Term Loan of Rs. 28.79 Cr.

Long Term/Short Term Facility - Non Fund Based Bank Guarantee of Rs. 8.25 Cr.
IVR BBB (Revised)

IVR BBB/IVR A3+ (Revised)
Stable

Stable/-
30.03.2021 NRTMT (India) Private Limited Long Term Bank Facilities of Rs. 33.48 Cr. (enhanced from Rs.14.00 crore) IVR BBB+ (Reaffirmed) Positive
30.03.2021 NRVS Steels Limited Long Term Bank Facilities of Rs. 47.91 Cr. (enhanced from Rs.40.00 crore) IVR BBB+ (Reaffirmed) Positive
30.03.2021 Swiss Garnier Genexiaa Sciences Private Limited [SGGSPL] Long Term Fund Based - Term Loan of Rs. 29.00 Cr.

Long Term Fund Based - Cash Credit of Rs. 11.00 Cr.
IVR B+ (Assigned)

IVR B+ (Assigned)
Stable

Stable
30.03.2021 Rushil Decor Limited Long Term Fund Based Facilities - Term Loan of Rs. 154.00 Cr.
Long Term Fund Based Facilities - Cash Credit of Rs. 85.00 Cr.
Short Term Non Fund Based Facilities - Bank Guarantee/LC of Rs. 44.00 Cr.
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)
Stable

Stable

-
30.03.2021 MMG Impex (MMGI) Long Term/Short Term Fund Based Bank Facility - Packing Creditof Rs. 10.00 Cr. IVR BB+/IVR A4+; (Assigned) Stable/-
30.03.2021 Gupta Hair Products Private Limited (GHPPL) Long Term/Short Term Fund Based Bank Facility - Packing Creditof Rs. 12.00 Cr. IVR BB+/IVR A4+; (Assigned) Stable/-
30.03.2021 Gupta Enterprises (GE) Long/Short Term Fund Based Bank Facility - Packing Credit of Rs. 29.50 Cr.

Short Term Fund Based Bank Facility - Foreign Bill Negotiation of Rs. 5.00 Cr.
Short Term Non Fund Based Bank Facility - Bank Guarantee of Rs. 0.25 Cr.
IVR BB+/IVR A4+; (Assigned)

IVR A4+ (Assigned)

IVR A4+ (Assigned)
Stable/-


-

-
30.03.2021 Mono Steel India Limited Long Term Bank Facilities - Cash Credit of Rs. 52.00 Cr.

Short Term Bank Facilities Bank Guarantee/LC of Rs. 218.00 Cr.
IVR BBB+ (Revised)

IVR A2 (Revised)
Credit Watch with Developing Implications
Credit Watch with Developing Implications
27.03.2021 KGF Granites Private Limited [KGPL] Long Term Fund based facilities Proposed Non- Convertible Debentures of Rs. 30.00 Cr. IVR B+ (Assigned) Stable
27.03.2021 Parsvnath Estate Developers Private Limited Proposed Non- Convertible Debenture (NCD) of Rs. 75.00 Cr.

Allocated NCD of Rs. 25.00 Cr.
IVR B+ (Reaffirmed)

IVR B+ (Reaffirmed)
Stable

Stable
27.03.2021 Jainam Share Consultants Private Limited (JSCPL) Long/Short Term Bank Facilities of Rs. 15.00 Cr.

Short Term Bank Facilities of Rs. 110.00 Cr.

Proposed Short Term Bank Facilities of Rs. 225.00 Cr.
IVR A-/IVR A2+;(Assigned)
IVR A2+ (Assigned)

IVR A2+ (Assigned)
Stable/-

-

-
26.03.2021 GMR Enterprises Private Limited [GEPL] Long Term Fund based facilities Non Convertible Debentures of Rs. 300.00 Cr. IVR BB+ (CE)(Assigned) Stable
26.03.2021 Tourism Finance Corporation of India Limited (TFCI) Proposed Non Convertible Debentures of Rs. 250.00 Cr. Provisional IVR AA (Assigned) Stable
26.03.2021 MITCON Consultancy & Engineering Services Limited Short Term Bank Facilities of Rs. 20.00 Cr.

Short Term Bank Facilities of (20.00)
IVR A4+ (Assigned)

IVR A4+ (Assigned)
-

-
26.03.2021 Lifeline Multi Ventures Private Limited Long term bank facilities - Lease Rental Discounting (LRD) Loan of Rs. 55.00 Cr.
Long term bank facilities - Term Loan of Rs. 45.00 Cr.(Enhanced from 35.00)
IVR BBB (Assigned)

IVR BBB- (Reaffirmed)
Credit Watch with Negative Implications
Credit Watch with Negative Implications
26.03.2021 Trust Capital Services (India) Private Limited (TCSPL) Long Term Bank Facilities Proposed Non Convertible Debentures of Rs. 175.00 Cr. Provisional IVR AA (Assigned) Stable
25.03.2021 Tecumseh Products India Private Limited Bank Facilities - Long Term of Rs. 66.00 Cr.

Bank Facilities - Short Term of Rs. 10.00 Cr.

Bank Facilities - Short Term of Rs. 59.00 Cr.

Bank Facilities - Short Term of Rs. 66.00 Cr.
IVR AA (CE)(Assigned)

IVR A1+ (CE)(Assigned)

IVR A1+ (CE)(Assigned)

IVR A1+ (CE)(Assigned)
Stable

-

-

-
25.03.2021 M B Rubber Private Limited Long Term Bank Facilities of Rs. 11.81 Cr.

Short Term Bank Facilities of Rs. 25.00 Cr.
IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
25.03.2021 Samunnati Agro Solutions Private Limited Bank Facilities - Long Term of Rs. 5.00 Cr.

Bank Facilities - Short Term of Rs. 50.00 Cr.
IVR A- (Assigned)

IVR A2+ (Assigned)
Stable

-
25.03.2021 GMR Enterprises Private Limited [GEPL] Long Term Fund based facilities Proposed Non Convertible Debentures of Rs. 125.00 Cr. Provisional IVR BB+ (CE)(Assigned) Stable
25.03.2021 Phoenix Tech Zone Private Limited Bank Facilities - Long Term of Rs. 575.00 Cr.

Bank Facilities - Short Term of Rs. 15.27 Cr.
IVR BB+ (ISSUER NOT COOPERATING)
IVR A4+ (ISSUER NOT COOPERATING)
-

-
25.03.2021 Orion Security Solutions Private Limited Bank Facilities - Long Term of Rs. 15.00 Cr.

Bank Facilities - Short Term of Rs. 85.00 Cr.
IVR BBB-

IVR A3
Credit Watch with Developing Implications
-
25.03.2021 BFG International Private Limited [BIPL] Long Term Fund Based Facility of Rs. 17.44 Cr.

Short Term (Non Fund based) of Rs. 1.25 Cr.

Long Term/Short Term (Non Fund based) of Rs. 0.65 Cr.
IVR BB- (ISSUER NOT COOPERATING)
IVR A4 (ISSUER NOT COOPERATING)
IVR BB-/IVR A4; (ISSUER NOT COOPERATING)
-

-

-
25.03.2021 Anant Pulses Private Limited Long Term Bank Facilities - Term Loan of Rs. 2.00 Cr.

Long Term Bank Facilities - Cash Credit of Rs. 12.00 Cr.(including proposed limit of Rs. 2.00 crore)
IVR BB- (ISSUER NOT COOPERATING)
IVR BB- (ISSUER NOT COOPERATING)
-

-
25.03.2021 Shree Balajee Agro Mills Private Limited Long Term Bank Facilities - Cash Credit of Rs. 17.00 Cr.(including proposed limit of Rs. 2.00 crore) IVR BB- (ISSUER NOT COOPERATING) -
24.03.2021 Hindustan Equipments Private Limited (HEPL) Long Term Fund Based Facility - Cash Credit/ODTS of Rs. 45.58 Cr.

Long term Bank Facilities - Term Loan of Rs. 25.50 Cr.

Long/Short Term Non Fund Based Facility - Bank Guarantee of Rs. 22.10 Cr.
IVR BBB- (Revised)

IVR BBB- (Revised)

IVR BBB-/IVR A3; (Revised)
Negative

Negative

Negative/-
24.03.2021 YSR Spinning & Weaving Mills Private Limited Long Term Bank Facilities of Rs. 20.20 Cr.(Including proposed limit of Rs. 5.75 crore)

Short Term Bank Facilities of Rs. 1.80 Cr.
IVR BB (Withdrawn)

IVR A4 (Withdrawn)
Stable

-
24.03.2021 Shree Nakoda Ispat Limited (SNIL) Fund Based Facility - Cash Credit of Rs. 48.19 Cr.

Fund Based Facility - Term Loan of Rs. 167.64 Cr.(Reduced from Rs.176.84)

Fund Based Facility – Bill Discounting (Against LC) of Rs. 12.00 Cr.

Non-Fund Based Facility - Bank Guarantee of Rs. 7.20 Cr.

Non Fund Based Facility - Letter of Credit of Rs. 40.00 Cr.

Proposed Long Term Fund Based Facility of Rs. 9.20 Cr.
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)

IVR A2 (Reaffirmed)

IVR A2 (Reaffirmed)

IVR BBB+ (Assigned)
Stable

Stable

-

-

-

Stable
24.03.2021 Viraj Profiles Limited (VPL) Short Term Fund Based Bank Facilities of Rs. 938.86 Cr.(Reduced From Rs.1499.85)

Short Term Non Fund Based Facilities of Rs. 587.00 Cr.(Reduced from Rs.924.92)

Long/Short Term Bank Facilities of Rs. 175.00 Cr.(12.00)
IVR A2 (Reaffirmed)

IVR A2 (Reaffirmed)

IVR BBB+/IVR A2; (Reaffirmed)
Stable

-

Stable/-
24.03.2021 Khandoba Distilleries Limited Long/Short Term Bank Facilities of Rs. 52.60 Cr.

Short Term Bank Facilities of Rs. 8.92 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
24.03.2021 Sundaram Steels Private Limited Long Term Bank Facilities of Rs. 32.09 Cr.

Short Term Bank Facilities of Rs. 10.74 Cr.

Proposed Long Term Facilities of Rs. 15.17 Cr.
IVR BBB (Assigned)

IVR A3+ (Assigned)

IVR BBB (Assigned)
Stable

-

Stable
23.03.2021 Ambience Education Society Long Term Bank Facilities of Rs. 30.42 Cr. IVR B (Assigned) Stable
23.03.2021 Shakti Industries Long Term Bank Facilities of Rs. 45.00 Cr.

Short Term Letter of Credit of Rs. 12.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
23.03.2021 Truvolt Engineering Co. Private Limited Long Term Bank Facilities of Rs. 15.00 Cr.

Short Term Bank Facilities of Rs. 14.00 Cr.
IVR BB- (ISSUER NOT COOPERATING)
IVR BB-/IVR A4; (ISSUER NOT COOPERATING)
-

-
23.03.2021 Growing Opportunity Finance (India) Private Limited (GOFPL) Long Term Fund Based Facility - Term Loan of Rs. 165.45 Cr.

Proposed Long Term Fund Based Facility of Rs. 34.55 Cr.
IVR BBB (Assigned)

IVR BBB (Assigned)
Stable

Stable
23.03.2021 Wires and Fabriks (S.A) Limited Long Term Bank Facilities of Rs. 111.86 Cr.

Short Term Bank Facilities of Rs. 5.90 Cr.
IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

-
23.03.2021 Globe Civil Projects Private Limited Long term bank facilities - Fund based limits of Rs. 12.00 Cr.(enhanced from INR 2.00 Cr.)
Short term bank facilities - Non fund based limits of Rs. 83.00 Cr.(enhanced from 18.00)
IVR BBB-

IVR A3
Credit Watch with Developing Implications
Credit Watch with Developing Implications
23.03.2021 Silver Touch Technologies Ltd Long Term Bank Facilities of Rs. 10.00 Cr.

Long/Short Term Bank Facilities of Rs. 45.00 Cr.
IVR BBB

IVR BBB/IVR A3+
Credit Watch with Developing Implications
Credit Watch with Developing Implications
23.03.2021 Shri Rathna Akshaya Estates Private Limited Long Term Fund Based Facility - Term Loans of Rs. 226.96 Cr.

Long Term Fund Based Facility - Cash Credit of Rs. 75.00 Cr.
IVR BBB+

IVR BBB+
Credit Watch with Developing Implications
Credit Watch with Developing Implications
23.03.2021 NSL Constructions Private Limited Proposed Long/Short Term Bank Facilities of Rs. 44.00 Cr.

Short Term Bank Facilities of Rs. 6.00 Cr.
IVR BBB-/IVR A3; (Assigned)
IVR A3 (Assigned)
Stable/-

-
23.03.2021 SISL Infotech Private Limited Short Term Bank Facilities of Rs. 50.00 Cr.

Long Term Bank Facilities of Rs. 10.00 Cr.

Proposed Short Term Bank Facilities of Rs. 70.00 Cr.
IVR A3 (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Assigned)
-

Stable

-
22.03.2021 Velan Kraft House Private Limited Long Term Bank Facilities of Rs. 43.00 Cr. IVR D (ISSUER NOT COOPERATING) -
22.03.2021 Raghava Constructions (India) Private Limited [RCIPL] Long Term Fund Based Facility - Cash Credit of Rs. 100.00 Cr.

Long Term/Short Term Non Fund Based Facility - Bank Guarantee of Rs. 584.00 Cr.
Short Term Non Fund Based Facility - LC of Rs. 66.00 Cr.
IVR BB+ (Issuer not cooperating)
IVR BB+/IVR A4+; (Issuer not cooperating)
IVR A4+; (Issuer not cooperating)
-

-

-
22.03.2021 Agson Global Private Limited Long Term Bank Facilities of Rs. 1544.00 Cr.

Short Term Bank Facilities of Rs. 150.00 Cr.
IVR BBB+ (Assigned)

IVR A2 (Assigned)
Stable

-
22.03.2021 Anita Oils and Fats Private Limited Short Term Bank Facilities - LC of Rs. 47.00 Cr.(Enhanced from Rs.46.00 Cr.)

Proposed Long Term Bank Facilities - Cash Credit of Rs. 0.10 Cr.
IVR A4 (Reaffirmed)

IVR BB (Reaffirmed)
-

Stable
22.03.2021 Rajaram Solvex Limited Long Term Fund Based Bank Facilities - Cash Credit of Rs. 5.95 Cr. IVR BBB- (Assigned) Stable
22.03.2021 Agrigo Trading Private Limited (ATPL) Long Term Fund Based Facilities - Cash Credit of Rs. 20.00 Cr.

Short Term Non Fund Based Facility - Letter of Credit of Rs. 20.00 Cr.

Short Term Bank Facilities - CEL of Rs. 0.25 Cr.(Reduced from Rs.0.50 Crore)

Long Term Bank Facilities - Demand Loans (CECL & GECL) of Rs. 6.00 Cr.

Proposed Long Term Bank Facility - Proposed Cash Credit of Rs. 2.75 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)

IVR A3+ (Reaffirmed)

IVR BBB (Assigned)

IVR BBB (Assigned)
Stable

-

-

Stable

Stable
22.03.2021 S.G.S Motors Private Limited Fund Based Facilities - Cash Credit of Rs. 30.00 Cr. IVR BB+ (INC)(ISSUER NOT COOPERATING) -
22.03.2021 Lalchnd Gem and Jeweller Private Limited Long Term Bank Facilities of Rs. 15.00 Cr. IVR BBB+ (CE)(Assigned) Stable
22.03.2021 Annapurna Industries Long Term Bank Facilities of Rs. 9.00 Cr. IVR BB+ (Reaffirmed and Withdrawn) Stable
22.03.2021 Shri Vasudeva Weaving Mills Private Limited [SVWMPL] Long Term Fund Based - Term Loan of Rs. 11.40 Cr.

Long Term Fund Based - Cash Credit of Rs. 15.00 Cr.
IVR BB+ (Assigned)

IVR BB+ (Assigned)
Stable

Stable
22.03.2021 Sri Vasudeva Textiles Private Limited [SVTPL] Long Term Fund Based - Term Loan of Rs. 30.48 Cr.

Long Term Fund Based - Cash Credit of Rs. 30.00 Cr.
IVR BB+ (Assigned)

IVR BB+ (Assigned)
Stable

Stable
22.03.2021 Swati Concast & Power Private Limited Long Term Bank Facilities - Cash Credit of Rs. 11.00 Cr.

Short Term Bank Facilities - Bank Guarantee of Rs. 9.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-
22.03.2021 Concrete Udyog Limited Long Term Bank Facility - Fund Based Limit of Rs. 24.85 Cr.

Proposed Long Term Bank Facility - Fund Based Limit of Rs. 1.15 Cr.

Short Term Bank Facilities - Non Fund Based Limit of Rs. 25.65 Cr.

Short Term Bank Facilities - Non Fund Based Limit of Rs. 8.35 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Assigned)

IVR A3 (Assigned)

IVR A3 (Assigned)
Stable

Stable

-

-
22.03.2021 Sega Granito LLP Long Term Bank Facility - Fund Based Limit of Rs. 15.00 Cr.

Long Term Bank Facilities - Term Loan of Rs. 38.72 Cr.

Short Term Bank Facilities - Non Fund Based Limit of Rs. 4.09 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

Stable

-
19.03.2021 Santhagarik Agro Private Limited Long Term Bank Facilities of Rs. 5.82 Cr. IVR BB- (Assigned) Stable
19.03.2021 Rean Watertech Private Limited Long/Short Term Bank Facilities of Rs. 5.85 Cr.

Long Term Bank Facilities of Rs. 46.15 Cr.
IVR BB-/IVR A4; (Issuer not cooperating)
IVR BB- (Issuer not cooperating)
-

-
19.03.2021 Melt-O-Therm Furnaces Private Limited (MTFPL) Long Term Bank Facilities of Rs. 9.82 Cr.

Short Term Bank Facilities of Rs. 0.18 Cr.
IVR B+ (Issuer not cooperating)
IVR A4 (Issuer not cooperating)
-

-
19.03.2021 Linen Art Private Limited Long Term Bank Facilities of Rs. 15.00 Cr.

Short Term Bank Facilities of Rs. 49.00 Cr.

Long Term/Short Term Bank Facilities of Rs. 16.00 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR BBB-/IVR A3;(Assigned)
Credit Watch with Developing Implication
Credit Watch with Developing Implication
Credit Watch with Developing Implication/-
19.03.2021 Dhanvarsha Finvest Limited (DFL) Long Term Fund Based Facilities - Term Loans of Rs. 63.21 Cr.(Increased from INR 55.43 Crore)
Proposed Long Term Bank Facilities of Rs. 108.79 Cr.(Increased from INR 94.57 Crore)
Proposed Long Term Facilities – Proposed NCDs of Rs. 70.00 Cr.(Decreased from INR 75.00 Crore)
Long Term Facility - Non Convertible Debentures of Rs. 5.00 Cr.

Short Term Bank Facilities - Overdraft of Rs. 3.00 Cr.
IVR BBB (Revised)

IVR BBB (Revised)

IVR BBB (Revised)

IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

Stable

Stable

Stable

-
19.03.2021 OP Gupta Contractor Private Limited Long Term Bank Facilities of Rs. 10.00 Cr.

Short Term Bank Facilities of Rs. 25.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Credit Watch with Developing Implication
Credit Watch with Developing Implication
18.03.2021 Vandana Global Limited [VGL] Long Term Fund Based Facilities - Term Loan of Rs. 137.02 Cr.

Long Term Fund Based Facilities - Working Capital Term Loan of Rs. 69.65 Cr.

Long Term Fund Based Facilities - Cash Credit of Rs. 45.65 Cr.

Optionally Convertible Cumulative Preference Shares (OCCPS) of Rs. 97.94 Cr.

Short Term Non-Fund based facilities - Bank Guarantee of Rs. 16.23 Cr.

Short Term Non-Fund based facilities - Letter of Credit of Rs. 61.02 Cr.
Provisional IVR BBB- (Assigned)
Provisional IVR BBB- (Assigned)
Provisional IVR BBB- (Assigned)
Provisional IVR BBB- (Assigned)
Provisional IVR A3 (Assigned)
Provisional IVR A3 (Assigned)
Stable

Stable

Stable

Stable

-

-
18.03.2021 Zuari Finserv Limited Proposed Non-Convertible Debentures of Rs. 20.00 Cr. Withdrawn -
17.03.2021 Saravana Selvarathnam Retail Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 130.00 Cr.

Long Term Fund Based Facility - Term Loans of Rs. 4.38 Cr.

Long Term Fund Based Facility - Term Loans (GECL) of Rs. 26.60 Cr.
IVR BBB

IVR BBB

IVR BBB
Credit Watch with Developing Implications
Credit Watch with Developing Implications
Credit Watch with Developing Implications
17.03.2021 Prachay Capital Private Limited Long Term Bank Facilities Fund Based - Term Loan of Rs. 12.50 Cr.

Long Term Bank Facilities - Fund Based Term Loan (Proposed) of Rs. 15.50 Cr.
Long Term Bank Facilities - Fund Based Cash Credit of Rs. 12.50 Cr.
Long Term Bank Facilities - Fund Based Cash Credit (Proposed) of Rs. 7.50 Cr.
IVR BB (ISSUER NOT COOPERATING)
IVR BB (ISSUER NOT COOPERATING)
IVR BB (ISSUER NOT COOPERATING)
IVR BB (ISSUER NOT COOPERATING)
-

-

-

-
17.03.2021 M/s Begunia Projects Private Limited Long Term Fund Based Facility of Rs. 5.00 Cr.(Present o/s Nil) Withdrawn -
16.03.2021 Sega Granito LLP Long Term Bank Facility - Fund based Limit of Rs. 15.00 Cr. IVR BBB- (Assigned) Stable
16.03.2021 Kennigton Industries Private Limited (KIPL) Long Term Bank Facilities - Cash Credit of Rs. 17.50 Cr.

Proposed Long Term Bank Facilities - Cash Credit of Rs. 7.50 Cr.

Long Term/Short Term Bank Facilities - LC/Buyers Credit of Rs. 97.50 Cr.

Proposed Long Term/Short Term Bank Facilities - LC/Buyers Credit of Rs. 22.50 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR BBB-/IVR A3; (Assigned)
IVR BBB-/IVR A3; (Assigned)
Stable

Stable

Stable/-

Stable/-
16.03.2021 Tirupati Tradelinks Private Limited Long Term Bank Facilities Fund Based of Rs. 2.00 Cr.

Short Term Bank Facilities - Non Fund Based of Rs. 13.00 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

Stable
16.03.2021 Shri Gautam Shipbreaking Industries Private Limited Long-term/Short Term Bank Facilities of Rs. 28.00 Cr.

Short Term Bank Facilities of Rs. 45.00 Cr.
IVR BB+/IVR A4+;(Assigned)
IVR A4+ (Assigned)
Stable/-

-
13.03.2021 Save Microfinance Private Limited Long term facilities - Term Loan of Rs. 39.88 Cr.

Long term facilities – Term Loan (Proposed) of Rs. 60.00 Cr.
IVR BBB (Assigned)

IVR BBB (Assigned)
Stable

Stable
13.03.2021 JPB Chemical Industries Private Limited Long Term Fund based facilities - Cash Credit of Rs. 19.00 Cr. IVR BBB- Stable
13.03.2021 Spray Engineering Devices Limited Long Term Bank Facilities of Rs. 20.33 Cr. (Reduced from Rs.21.00 Cr.)

Short Term Bank Facilities of Rs. 15.00 Cr.

Long Term Bank Facilities of Rs. 5.81 Cr.
IVR BB- (Revised)

IVR A4 (Reaffirmed)

IVR BB- (Assigned)
Stable

-

Stable
12.03.2021 Sona Beverages Private Limited (SBPL) Long Term Fund Based Facilities - Cash Credit of Rs. 50.00 Cr.

Long Term Fund Based Facilities - Term Loan of Rs. 25.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Stable

Stable
12.03.2021 Ayodhya Gorakhpur SMS Tolls Private Limited Long Term Bank Facilities of Rs. 65.05 Cr. IVR A+ (Assigned) Stable
12.03.2021 Frystal Pet Private Limited (FPPL) Long Term Fund Based Bank Facilities - Cash Credit of Rs. 13.50 Cr.

Long Term Fund Based Bank Facilities - Term Loans of Rs. 11.97 Cr.

Proposed Long Term Fund Based Bank Facilities - Term Loans of Rs. 6.50 Cr.

Proposed Short Term Non Fund Based Bank Facilities of Rs. 2.03 Cr.
IVR BB (Assigned)

IVR BB (Assigned)

IVR BB (Assigned)

IVR A4 (Assigned)
Stable

Stable

Stable

-
12.03.2021 Shri Rewa Rice Mills Private Limited Long Term Fund Based of Rs. 14.10 Cr. IVR BB- (ISSUER NOT COOPERATING) -
12.03.2021 Shri Nagal Aluminium Company Long Term Fund Based Limits - Cash Credit of Rs. 2.25 Cr.

Long Term Rupee Term Loan of Rs. 4.25 Cr.
IVR B (ISSUER NOT COOPERATING)
IVR B (ISSUER NOT COOPERATING)
-

-
12.03.2021 Furniture Points Long Term Fund Based Facility - Cash Credit of Rs. 6.50 Cr.

Proposed Long Term Fund Based Facility - Term Loan of Rs. 1.00 Cr.

Short Term Non Fund Based Facility - Letter of Credit/Bank Guarantee of Rs. 2.50 Cr.
IVR B (ISSUER NOT COOPERATING)
IVR B (ISSUER NOT COOPERATING)
IVR A4 (ISSUER NOT COOPERATING)
-

-

-
12.03.2021 Dhani Loans and Services Limited [DLSL] Long Term Fund based facilities Proposed Non- Convertible Debentures of Rs. 1000.00 Cr. IVR AA (Assigned) Stable
12.03.2021 Rustam Foods Private Limited (RFPL) Long Term Bank Facilities of Rs. 2.37 Cr.

Short Term Bank Facilities of Rs. 22.63 Cr.
IVR BBB+ (Assigned)

IVR A2 (Assigned)
Stable

-
12.03.2021 Agrawal Distilleries Private Limited (ADPL) Long term Bank Facilities – Term Loan of Rs. 34.00

Long term Bank Facilities – Term Loan of Rs. 3.90 Cr.

Long term Bank Facilities - Proposed Term Loan of Rs. 36.00 Cr.

Long term Bank Facilities - Cash Credit of Rs. 10.00 Cr.(enhanced from 4.00)

Short term Bank Facilities – Bank Guarantee of Rs. 1.00 Cr.

Short Term Bank Facilities - Bank Guarantee of Rs. 3.00 Cr.
IVR BBB- (Assigned)

Withdrawn

Withdrawn

IVR BBB- (Reaffirmed)

IVR A3 (Assigned)

Withdrawn
Stable

-

-

Stable

-

-
12.03.2021 Shri Bajrang Power & Ispat Limited Long Term Bank Facility Fund Based – Term Loan of Rs. 353.02 Cr.(reduced from INR 372.73 crore)
Long Term Bank Facility Fund Based - Cash Credit of Rs. 325.00 Cr.

Short Term Bank Facilities - Letter of Credit of Rs. 175.00 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 45.00 Cr.
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)

IVR A2 (Reaffirmed)
Positive

Positive

-

-
12.03.2021 Kalyan Toll Infrastructure Limited Long Term Bank Facility Fund Based - Term Loan of Rs. 107.70 (reduced from INR 139.52 crore)
Long Term Bank Facility Fund Based - Cash Credit of Rs. 51.00 Cr.

Long Term/Short Term Bank Facilities - Bank Guarantee of Rs. 208.00 Cr.

Long Term/Short Term Bank Facilities - Bank Guarantee of Rs. 2.88 Cr.

Short Term Facility Non Fund Based - Bank Guarantee of Rs. 9.90 Cr.
IVR A (Revised)

IVR A (Revised)

IVR A/IVR A1; (Revised)

IVR A/IVR A1; (Revised)

Withdrawn
Stable

Stable

Stable/-

Stable/-

-
12.03.2021 Royal Touch Fablon Private Limited Long Term/Short Term Bank Facilities of Rs. 88.00 Cr.(including proposed Limit of Rs. 30.90 Cr.)
Short Term Bank Facilities of Rs. 12.00 Cr.
IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

-
12.03.2021 Uttranchal Ispat Private Limited Long Term Bank Facilities - Cash Credit of Rs. 21.00 Cr. IVR BB+ (Assigned) Stable
10.03.2021 Venus Pipes & Tubes Private Limited Long Term Bank Facility of Rs. 20.63 Cr.

Long Term - Term Loan of Rs. 6.56 Cr.

ShortTerm - Letter of Credit of Rs. 22.00 Cr.

ShortTerm Forward Contract of Rs. 0.44 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR A3 (Assigned)

IVR A3 (Assigned)
Stable

Stable

-

-
10.03.2021 Beaufond Plc Issuer Rating IVR AA [Is](Assigned) Stable
10.03.2021 Medec Dragon Private Limited Proposed Commercial Paper of Rs. 100.00 Cr. IVR A1 (Assigned) -
10.03.2021 Nand Infrastructure & Projects Long Term/Short Term Bank Facilities of Rs. 2.00 Cr.

Short Term Bank Facilities of Rs. 78.00 Cr. (including Proposed Limit of Rs. 21.55 cr)
IVR BBB-/IVR A3; (Assigned)
IVR A3 (Assigned)
Credit Watch with Developing Implication
Credit Watch with Developing Implication
10.03.2021 Globe Civil Projects Private Limited Long Term Bank Facility - Fund based Limit of Rs. 2.00 Cr.

Short Term Bank Facility - Non Fund based Limit of Rs. 18.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Credit Watch with Developing Implication
Credit Watch with Developing Implication
10.03.2021 Natural Storage Solutions Private Limited Long Term Bank Facilities of Rs. 38.20 Cr.

Short Term Bank Facilities of Rs. 14.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
10.03.2021 Parin Gems Long Term Fund Based Facility - Working Capital Term Loan of Rs. 12.07 Cr.

Long Term Fund Based Facility - GECL of Rs. 2.55 Cr.

Long Term Fund Based Facility - Cash Credit of Rs. 3.55 Cr.
IVR B+ (Assigned)

IVR B+ (Assigned)

IVR B+ (Assigned)
Stable

Stable

Stable
09.03.2021 GMR Enterprises Private Limited [GEPL] Long Term Fund based facilities Proposed Non Convertible Debentures of Rs. 300.00 Cr. Provisional IVR BB+ (CE)(Assigned) Stable
09.03.2021 Shri Gangajali Education Society Long Term Bank Facilities of Rs. 150.26 Cr.

Short Term Bank Facilities of Rs. 30.50 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Credit Watch with Positive Implication
Credit Watch with Positive Implication
09.03.2021 Maa Harsiddhi Infra Developers Private Limited Long Term Bank Facilities of Rs. 13.70 Cr.

Long Term/ Short Term Bank Facilities of Rs. 61.30 Cr.
IVR BBB- (Reaffirmed)

IVR BBB-/IVR A3; (Assigned)
Stable

Stable/-
09.03.2021 SAK Buildtech Private Limited Term Loan of Rs. 31.44 Cr. IVR BB+ (Reaffirmed) Negative
08.03.2021 Prafful Overseas Private Limited Long term Fund Based Facilities Term Loan of Rs. 31.76 Cr.

Long term Fund Based Facilities – Cash Credit of Rs. 45.30 Cr.

Short Term Non Fund Based Facilities - Bank Guarantee of Rs. 6.50 Cr.

Short Term Non Fund Based Facilities – Letter of Credit of Rs. 70.00 Cr.

Proposed Long Term Fund Based Facilities of Rs. 2.82 Cr.
IVR BB+ (Withdrawn)

IVR BB+ (Withdrawn)

IVR A4+ (Withdrawn)

IVR A4+ (Withdrawn)

IVR BB+ (Withdrawn)
Stable

Stable

-

-

Stable
08.03.2021 Fossil Business Solution Private Limited Long Term Bank Facilities of Rs. 5.00 Cr. IVR BB (Reaffirmed) Stable
08.03.2021 Mangal Credit & Fincorp Limited (MCFL) Proposed Long Term Bank Facilities of Rs. 20.00 Cr. IVR BBB- (Assigned) Stable
08.03.2021 Concrete Udyog Limited Long Term Bank Facilities of Rs. 24.85 Cr. IVR BBB- (Assigned) Stable
05.03.2021 Gulf Petrochem India Private Limited Long Term Bank Facilities of Rs. 114.00 Cr. IVR D (Revised) Stable
05.03.2021 Santlal Industries Limited (SIL) Long Term Fund based facilities - Cash Credit of Rs. 30.00 Cr.

Short Term Fund based facilities - Warehouse Receipt Financing of Rs. 70.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
05.03.2021 JPM Exports Private Limited Long Term Bank Facilities of Rs. 50.00 Cr. (including proposed limits of Rs. 5.00 crore) IVR D (Reaffirmed)(ISSUER NOT COOPERATING) -
05.03.2021 Draken Metals Trading Private Limited[DMTPL] Long/Short Term Bank Facilities of Rs. 150.00 Cr. IVR C/IVR A4; (Reaffirmed)(ISSUER NOT COOPERATING) -
05.03.2021 Worldwide Metals Private Limited [WMPL] Long Term Bank Facilities of Rs. 96.00 Cr.


Short Term Bank Facilities of Rs. 4.00 Cr.
IVR D (Reaffirmed)(ISSUER NOT COOPERATING)
IVR D (Reaffirmed)(ISSUER NOT COOPERATING)
-


-
05.03.2021 Olympus Metal Private Limited [OMPL] Long/Short Term Bank Facilities of Rs. 75.00 Cr.


Short Term Bank Facilities of Rs. 10.00 Cr.
IVR D (Reaffirmed)(ISSUER NOT COOPERATING)
IVR D (Reaffirmed)(ISSUER NOT COOPERATING)
-


-
05.03.2021 Sindhu Cargo Services Private Limited Long Term Bank Facilities of Rs. 45.95 Cr.


Short Term Bank Facilities of Rs. 2.00 Cr.
IVR BB (Downgraded)(ISSUER NOT COOPERATING)
IVR A4 (Downgraded)(ISSUER NOT COOPERATING)
-


-
05.03.2021 Oyster Steel & Iron Private Limited [OSIPL] Long/Short Term Bank Facilities of Rs. 140.00 Cr.


Short Term Bank Facilities of Rs. 20.00 Cr.
IVR D (Reaffirmed)(ISSUER NOT COOPERATING)
IVR D (Reaffirmed)(ISSUER NOT COOPERATING)
-


-
05.03.2021 SRK Constructions and Projects Private Limited Long Term Bank Facilities - Cash Credit of Rs. 60.00 Cr.

Short Term Bank Facilities - Bank Guarantee of Rs. 237.00 Cr.
IVR BBB (Reaffirmed)

IVR A3 (Reaffirmed)
Credit Watch with Developing Implications
Credit Watch with Developing Implications
05.03.2021 Smartha Enterprises Private Limited Short Term Bank Facilities of Rs. 44.00 Cr. (Enhanced from 42.00 Cr.)

Long Term Bank Facilities of Rs. (2.00) Cr.
IVR A4+ (Reaffirmed)

IVR BB+ (Reaffirmed)
-

Stable
04.03.2021 GTN Enterprises Limited (GEL) Long Term Fund Based Facilities of Rs. 41.20 Cr.

Long Term Debt – Term Loans of Rs. 5.75 (reduced from Rs. 7.99 crore)

Short Term Non Fund Based Facilities of Rs. 42.00 (reduced from Rs. 44.00 Cr.)
IVR B (Revised)

IVR B (Revised)

IVR A4 (Reaffirmed)
Credit Watch with Developing Implications
Credit Watch with Developing Implications
-
03.03.2021 Ambience Developers and Infrastructure Private Limited Long Term Fund Based Bank Facilities of Rs. 1470.00 Cr.

Short Term Non Fund Based Bank Facilities of Rs. 15.00 Cr.
IVR BBB (Revised)

IVR A3+ (Revised)
Credit Watch with Developing Implications
Credit Watch with Developing Implications
03.03.2021 MKC Agro Fresh Limited Long Term Bank Facilities of Rs. 72.14 Cr.

Short Term Bank Facilities of Rs. 7.00 Cr.

Proposed Long/ Short Bank Facilities of Rs. 7.86 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)

IVR BBB- (Assigned)
Stable

-

Stable
02.03.2021 MEP Longjian VTR Pvt Ltd Proposed Term Loan of Rs. 567.78 Cr.

Proposed Fund Based Limit - Overdraft of Rs. 20.00 Cr.

Proposed Non Fund Based Limit - Overdraft of Rs. 59.15 Cr.
IVR BB (ISSUER NOT COOPERATING)
IVR BB (ISSUER NOT COOPERATING)
IVR BB (ISSUER NOT COOPERATING)
-

-

-
02.03.2021 Sibin Group Long Term Bank Facilities of Rs. 25.00 Cr. IVR BBB- (Reaffirmed) Stable
02.03.2021 Earth Water Limited Fund Based Facilities of Rs. 54.00 Cr. (including proposed limits of INR 37 Crore)

Non Fund Based Facilities of Rs. 112.00 Cr. (including proposed limits of INR 40 Crore)
IVR D (ISSUER NOT COOPERATING)
IVR D (ISSUER NOT COOPERATING)
-

-
02.03.2021 Aventura Components Private Limited Fund Based Facilities of Rs. 14.00 Cr.

Non Fund Based Facilities of Rs. 81.00 Cr. (including proposed limits of INR 19 Crore)
IVR D (ISSUER NOT COOPERATING)
IVR D (ISSUER NOT COOPERATING)
-

-
02.03.2021 Hindustan Enviro Life Protection Services Ltd Long Term Facility Fund Based - Cash Credit of Rs. 69.50 Cr. (enhanced from Rs.60.00 Cr.) (Reclassification)
Long Term Facility Fund Based - WCTL of Rs. 6.38 Cr. (Reclassification)
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Stable

Stable
01.03.2021 Encorp Powertrans Private Limited (EPPL) Long Term Fund Based Facility - Cash Credit of Rs. 30.00 Cr.

Long Term Fund Based Facility - Term Loan of Rs. 0.16 Cr. (Reduced from INR 0.30 Crore)

Long Term Fund Based Facilities - Term Loans (FITL, BCECL, WCTL) of Rs. 9.65 Cr.

Short Term Non-Fund Based Facility - Letter of Credit of Rs. 25.00 Cr. (Increased from INR 15.00 Crore)
Short Term Non-Fund Based Facility - Bank Guarantee of Rs. 35.00 Cr. (Decreased from INR 45.00 Crore)
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)

IVR BB+ (Assigned)

IVR A4+ (Reaffirmed)

IVR A4+ (Reaffirmed)
Stable

Stable

Stable

-

-
01.03.2021 Value Ingredients Private Limited (VIPL) Long Term Bank Facility - Term Loans (includes WCTL) of Rs. 2.52 Cr.

Short Term Bank Facilities – PCFC/FBD/FBE of Rs. 8.00 Cr.

Short Term Bank Facility - Standby Line of Credit of Rs. 0.40 Cr.

Short Term Bank Facility - Letter of Credit of Rs. 1.00 Cr.

Proposed Short Term Bank Facility - Letter of Credit of Rs. 0.08 Cr.
IVR BB+

IVR A4+

IVR A4+

IVR A4+

IVR A4+
Stable

-

-

-

-
01.03.2021 Vee Aar Life Space LLP Long Term Bank Facilities of Rs. 150.00 Cr. (enhanced from 100.00) IVR BB+ (Reaffirmed) Stable
01.03.2021 Mayfair Renewable Energy Private Limited Long Term Bank Facilities - Term Loan of Rs. 81.64 Cr. (reduced from Rs. 90.67 crore) IVR A+ (CE)(Revised) Stable
01.03.2021 Aavanti Solar Energy Private Limited Long Term Bank Facilities - Term Loan of Rs. 81.70 Cr. (reduced from Rs. 88.49 crore) IVR A+ (CE)(Revised) Stable
01.03.2021 BLA Projects Private Limited Long Term Bank Facilities - Cash Credit of Rs. 22.60 Cr.

Short Term Bank Facilities - Bank Guarantee of Rs. 89.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)
IVR A4+ (ISSUER NOT COOPERATING)
-

-
01.03.2021 Saj Jewellery Private Limited Long Term Bank Facilities (Proposed) of Rs. 1.00 Cr.

Short Term Bank Facilities of Rs. 10.50 Cr.
IVR BB (Reaffirmed)

IVR A4 (Revised)
Negative

-
01.03.2021 Jais Jewellery Private Limited Long Term Bank Facilities (Proposed) of Rs. 1.00 Cr.

Short Term Bank Facilities of Rs. 58.00 Cr.
IVR BB (Reaffirmed)

IVR A4 (Revised)
Negative

-
01.03.2021 Jinaehat Export Private Limited Long Term Bank Facilities (Proposed)

Short Term Bank Facilities of Rs. 23.00 Cr. (enhanced from 22.50)

Short Term Bank Facilities of Rs. 3.00 Cr. (enhanced from 2.50)
Withdrawn

IVR A4 (Revised)

IVR A4 (Revised)
-

-

-
27.02.2021 Optiemus Infracom Limited Lease Rental Discounting Facility (LRD) of Rs. 190.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) -
27.02.2021 T and T Fruits Long Term Fund Based Bank Facilities - Cash Credit of Rs. 9.00 Cr.

Long Term Fund Based Bank Facilities - GECL of Rs. 1.58 Cr.

Short Term Bank Facilities - FITL of Rs. 0.18 Cr.
IVR B+ (Assigned)

IVR B+ (Assigned)

IVR A4 (Assigned)
Stable

Stable

-
27.02.2021 Suvarna Shilpi Jewellers Private Limited Long Term Bank Facilities of Rs. 4.00 Cr.

Long Term/Short Term Bank Facilities of Rs. 20.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB-/IVR A3; (Reaffirmed)
Stable

Stable/-
27.02.2021 Scan Steels Limited (SSL) Long Term Debt - WCTL of Rs. 44.50 Cr. (reduced from INR 44.88 crore)

Long Term Debt - FITL of Rs. 11.66 Cr. (reduced from INR 12.57 crore)

Long Term Facilities Fund Based - Cash Credit of Rs. 69.13 Cr.

Short Term Facilities Non Fund Based - Bank Guarantee of Rs. 4.00 Cr.
IVR BB+ (Revised)

IVR BB+ (Revised)

IVR BB+ (Revised)

IVR A4+ (Revised)
Stable

Stable

Stable

-
27.02.2021 Safeco Hygiene Films Pvt Ltd Long Term Fund Based Facility - Cash Credit of Rs. 6.00 Cr.

Long Term Fund Based Facility - Term Loan of Rs. 2.22 Cr.

Short Term Non Fund Based Facility - Bank Guarantee of Rs. 1.05 Cr.
IVR BB+ (Revised)

IVR BB+ (Revised)

IVR A4+ (Revised)
Stable

Stable

-
26.02.2021 Shri Ram Raja Sarkar Lok Kalyan Trust (SRSLKT) Fund Based Facilities - Overdraft of Rs. 2.00 Cr. IVR BB (INC)(ISSUER NOT COOPERATING) -
25.02.2021 Nilkanth Mining Co. Long Term Fund Based - Bank Facilities of Rs. 10.00 Cr. (enhanced from Rs. 5.00)

Short Term Non Fund Based - Bank Facilities of Rs. 35.00 Cr. (enhanced from Nil)
IVR BBB- (Reaffirmed)

IVR A3 (Assigned)
Stable

-
25.02.2021 Rajda Industries & Exports Private Limited Long Term Bank Facilities of Rs. 5.12 Cr.

Short Term Bank Facilities of Rs. 43.00 Cr.
IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)
Stable

-
25.02.2021 Wonder Wage Waggon Trading Co. Private Limited Long Term Bank Facilities of Rs. 7.50 Cr.

Short Term Bank Facilities of Rs. 0.40 Cr.
IVR B (INC)(ISSUER NOT COOPERATING)
IVR A4 (INC)(ISSUER NOT COOPERATING)
-

-
24.02.2021 Paarth Infrabuild Private Limited Long Term Bank Facilities of Rs. 30.00 Cr. IVR BB+ (Assigned) Stable
24.02.2021 Aris Capital Private Limited (ACPL) Long Term Bank Facilities of Rs. 6.62 Cr.

Long Term Bank Facilities of Rs. 9.00 Cr.
IVR BB+ (Reaffirmed)

IVR BB+ (Assigned)
Stable

Stable
19.02.2021 Pioneer Fundinvest Private Limited (PFPL) Long Term Fund Based Facility - Cash Credit of Rs. 100.00 Cr. IVR AA+ (CE) Stable
19.02.2021 Choudhary Builders Pvt. Ltd.[CBPL] Proposed Term Loan (LRD Facility) of Rs. 21.00 Cr. Withdrawn -
19.02.2021 Shirja Real Estate Solutions Private Limited Long Term Bank Facilities of Rs. 85.00 Cr. IVR BBB- (Reaffirmed) Stable
16.02.2021 Zen Technologies Limited Long Term Facility - Fund Based - Term Loan of Rs. 10.26 Cr.

Long Term Bank Facilities - Fund Based - Cash Credit of Rs. 30.00 Cr.

Long Term/Short Term Facility - Non Fund Based - Bank Guarantee of Rs. 72.00 Cr.

Short Term Bank Facilities - Non Fund Based - Letter of Credit of Rs. 15.00 Cr.
IVR BB+ (Issuer not cooperating)
IVR BB+ (Issuer not cooperating)
IVR BB+;IVR A4+ (Issuer not cooperating)

IVR A4+ (Issuer not cooperating)
-

-

-

-
16.02.2021 FPL Automobiles Private Limited (FPL Hyundai) Long Term Fund Based Bank Facilities - Term Loans of Rs. 7.07 Cr.

Short Term Fund Based Bank Facilities - Inventory Funding/EDFS of Rs. 50.50 Cr.
Proposed Long Term Bank Facilities of Rs. 2.43 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)

IVR BB (Assigned)
Stable

-

Stable
16.02.2021 Sree Subha Sales Long Term Facility Non Fund Based - Bank Guarantee of Rs. 35.00 Cr.

Short Term Bank Facility - Fund Based - Overdraft of Rs. 5.00 Cr.
IVR BBB

IVR A3+
Credit watch with developing implications
Credit watch with developing implications
16.02.2021 Agrawal Power Private Limited Long Term Fund Based Bank Facilities of Rs. 24.00 Cr.

Short Term Non Fund Based Bank Facilities of Rs. 119.00 Cr.
IVR BBB- (Revised)

IVR A3 (Revised)
Credit watch with developing implications
Credit watch with developing implications
16.02.2021 Om Shri Shubh Labh Agritech Private Limited (OSSLAPL) Long Term Bank Facilities of Rs. 107.50 Cr.

Short Term Bank Facilities of Rs. 50.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Credit Watch with Negative Implication
-
16.02.2021 SISL Infotech Pvt Ltd Long Term Bank Facilities of Rs. 10.00 Cr.

Short Term Bank Facilities of Rs. 50.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-
16.02.2021 Periyasamy Pillai Educational Trust Long Term Bank Facilities - Fund Based of Rs. 13.62 Cr.

Short Term Bank Facilities - Fund Based of Rs. 22.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

Stable
16.02.2021 U Rajesh Karanth Long Term Bank Facilities of Rs. 10.00 Cr.

Short Term Bank Facilities of Rs. 20.00 Cr.
IVR BB- (Assigned)

IVR A4 (Assigned)
Stable

-
15.02.2021 Valiant Glass Works Pvt Ltd Long Term Fund based facilities - Term Loans of Rs. 25.57 Cr. (Enhanced from Rs. 4.38 Cr.)

Short Term Fund based facilities - PC/PCFC/FDB/ FBE/BRD of Rs. 70.00 Cr. (Enhanced from Rs. 64.00 Cr.)

Short Term Non Fund based facilities - Letter of Credit of Rs. 5.00 Cr.
IVR BBB- (Reaffirmed)


IVR A3 (Reaffirmed)


IVR A3 (Reaffirmed)
Credit Watch with Developing Implications

-


-
15.02.2021 Adhunik Energy Solutions Private Limited Long Term Bank Facilities (Sanctioned) of Rs. 3.50 Cr.

Long Term Bank Facility (Proposed) of Rs. 1.50 Cr.

Short Term Bank Facility (Sub-limit of Long Term Bank Facility) of Rs. 0.50 Cr.
IVR BB- (Assigned)

IVR BB- (Assigned)

IVR A4 (Assigned)
Stable

Stable

-
15.02.2021 Rahul Agencies Long Term Fund Based Bank Facilities - Cash Credit of Rs. 2.00 Cr.

Proposed Long Term Fund Bank Facilities of Rs. 2.00 Cr.

Short Term Non Fund Based Facilities - Bank Guarantee of Rs. 7.00 Cr.

Proposed Short Term Non Fund Based Facilities of Rs. 8.00 Cr.
IVR BB+ (Assigned)

IVR BB+ (Assigned)

IVR A4+ (Assigned)

IVR A4+ (Assigned)
Stable

Stable

-

-
12.02.2021 Harman Finochem Limited Long Term Fund Based Facilities of Rs. 50.00 Cr.


Short Term Non Fund Based Facilities of Rs. 10.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)

IVR A4+ (ISSUER NOT COOPERATING)
-


-
12.02.2021 Ritesh Tradefin Limited Long Term Bank Facilities of Rs. 13.00 Cr. IVR BB (Reaffirmed) Stable
12.02.2021 Aris Capital Private Limited (ACPL) Long Term Bank Facilities of Rs. 6.62 Cr. IVR BB+ (Assigned) Stable
11.02.2021 Vardhaman Salts Private Limited Proposed Long Term Bank Facilities of Rs. 0.10 Cr.

Short Term Bank Facilities of Rs. 7.90 Cr.
IVR BB (Reaffirmed and Withdraw
IVR A4+ (Reaffirmed and Withdrawn)
Stable

-
11.02.2021 Shiv Sabari Developers [SSD] Long Term Fund Based - Term Loan of Rs. 142.50 Cr. (Reduced from Rs. 170) IVR BBB- (Reaffirmed) Stable
11.02.2021 Mitsumi Housing Private Limited Long Term Fund Based Facility - Cash Credit (Proposed) of Rs. 10.00 Cr.

Short Term Non Fund Based Facility - Bank Guarantee (Proposed) of Rs. 60.00 Cr.
Provisional IVR A (CE)

Provisional IVR A1 (CE)
Stable

-
11.02.2021 KKSpun India Limited (KKSIL) Long Term Bank Facilities of Rs. 209.13 Cr. (enhanced from Rs. 144.00)

Short Term Bank Facilities of Rs. 550.00 Cr. (enhanced from Rs. 476.00)
IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)
Credit watch with Developing Implications
-
10.02.2021 Barota Finance Limited (BFL) Long Term Fund Based Facilities - O/S Term Loans of Rs. 76.21 Cr. (Increased from INR 45.00 Cr.)

Long Term Fund Based Limit - Cash Credit of Rs. 20.00 Cr.

Proposed Long Term Bank Facility of Rs. 40.00 Cr.
IVR BBB+ (CE)(Revised)

Withdrawn

Withdrawn
Stable

-

-
10.02.2021 Shirdi Sai Electricals Limited (SSEL) Long Term Fund Based Bank Facilities of Rs. 126.76 Cr.

Short Term Non Fund Based Bank Facilities of Rs. 670.00 Cr.
IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
10.02.2021 Tarmac Road & Roof Builders Long Term Bank Facilities of Rs. 3.50 Cr.

Short Term Bank Facilities of Rs. 12.00 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
09.02.2021 Laxmi Jewellery Export Pvt Ltd Long Term/ Short Term Bank Facilities of Rs. 55.00 Cr. IVR BBB-/IVR A3; (Assigned) Stable/-
09.02.2021 Nilkanth Mining Co. Long Term Fund Based Bank Facilities of Rs. 5.00 Cr. IVR BBB- (Assigned) Stable
08.02.2021 Metalfab Hightech Private Limited (MHPL) Long Term Fund Based Facility - Cash Credit of Rs. 33.50 Cr.

Long Term Fund Based Facility - Term Loans of Rs. 17.75 Cr. (Increased from 9.92)

Short Term Fund Based Facility - Letter of Credit of Rs. 22.90 Cr.

Short Term Non- Fund Based Facility - Bank Guarantee of Rs. 33.10 Cr.
IVR BB (Reaffirmed)

IVR BB (Reaffirmed)

IVR A4 (Reaffirmed)

IVR A4 (Reaffirmed)
Credit Watch with developing Implication
Credit Watch with developing Implication
Credit Watch with developing Implication
Credit Watch with developing Implication
08.02.2021 Deepak Builders & Engineers India Private Limited Long Term Bank Facilities (Non-Fund Based) of Rs. 175.00 Cr.

Long Term Bank Facilities (Fund Based) of Rs. 30.00 Cr.

Proposed Long Term Facility (Non-Fund Based) of Rs. 40.00 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR BBB- (Assigned)
Stable

Stable

Stable
08.02.2021 Vee Aar Life Space LLP Long Term Bank Facilities of Rs. 100.00 Cr. IVR BB+ (Reaffirmed) Stable
05.02.2021 Capri Global Capital Limited (CGCL) Long Term Bank Facility - Term Loans of Rs. 1815.80 Cr. (reduced from 1931.09)

Proposed Term Loans of Rs. 2564.20 Cr. (increased from 2448.91)

Long Term Bank Facility - Cash Credit of Rs. 120.00 Cr.

Non Convertible Debentures of Rs. 150.00 Cr.

Proposed Non Convertible Debentures of Rs. 150.00 Cr.

Proposed Commercial Papers of Rs. 350.00 Cr.
IVR AA (Revised)


IVR AA (Revised)


IVR AA (Revised)


IVR AA (Revised)


IVR AA (Revised)


IVR A1+ (Affirmed)
Credit watch with developing implication

Credit watch with developing implication

Credit watch with developing implication

Credit watch with developing implication

Credit watch with developing implication

Credit watch with developing implication
05.02.2021 Aryan Enterprise Short Term Non Fund Based Facility - Letter of Credit of Rs. 40.00 CR. IVR A3+ (Reaffirmed) -
05.02.2021 D M Corporation Short Term Non Fund Based Facility - Letter of Credit Withdrawn -
05.02.2021 G-One Agro Products Limited Long Term Bank Facility - Cash Credit of Rs. 24.00 Cr.

Long Term Proposed Bank Facility - Proposed Term Loan of Rs. 0.90 Cr. (Reduced from 3.00)

Long Term Bank Facility - Term Loan of Rs. 2.10 Cr.

Short Term Non Fund Based Facility - Credit Exposure Limits of Rs. 4.00 Cr.

Short Term Bank Facility - Bank Guarantee of Rs. 0.75 Cr.

Short Term Bank Facilities - Letter of Credit of Rs. 110.00 Cr. (Increased from 50.00)

Short Term Bank Facilities - Proposed Letter of Credit of Rs. 32.00 Cr. (Reduced from 92.00)
IVR BBB (Reaffirmed)


IVR BBB (Reaffirmed)


IVR BBB (Assigned)


IVR A3+ (Reaffirmed)


IVR A3+ (Reaffirmed)


IVR A3+ (Reaffirmed)


IVR A3+ (Reaffirmed)
Stable


Stable


Stable


-


-


-


-
04.02.2021 IKAA GRANITO PRIVATE LIMITED Long Term Bank Facility of Rs. 52.06 Cr.

Short Term Bank Facility of Rs. 3.50 Cr.
IVR BBB-(Assigned)

IVR A3 (Assigned)
Stable

-
04.02.2021 Lalchnd Jewellers Pvt Limited Long Term Bank Facility of Rs. 35.00 Cr. IVR BBB+ (Revised) Stable
04.02.2021 Achiievers Finance India Private Limited Long Term Bank Facilities - Term Loan (Proposed) of Rs. 10.00 Cr.

Non Convertible Debentures of Rs. 10.00 Cr.
IVR BB (Reaffirmed)

IVR BB (Reaffirmed)
Positive

Positive
03.02.2021 NRP Projects Private Limited Long Term Bank Facilities of Rs. 45.00 Cr.

Short Term Bank Facilities of Rs. 95.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

-
03.02.2021 R. R. Constructions and Infrastructure India Pvt Ltd Long Term Bank Facilities of Rs. 27.00 Cr.

Short Term Bank Facilities of Rs. 67.00 Cr.
IVR BBB (Upgraded)

IVR A3+ (Upgraded)
Stable

-
02.02.2021 IIT-ians Pace Education Private Limited (PACE IIT & Medical) Long Term Fund Based Bank Facilities - Term Loans of Rs. 17.76 Cr.
Long Term Fund Based Bank Facilities - Dropline Overdraft of Rs. 20.00 Cr.
Proposed Long Term Fund Based Bank Facilities of Rs. 12.24 Cr.
IVR BB+ (Assigned)

IVR BB+ (Assigned)

IVR BB+ (Assigned)
Stable

Stable

Stable
02.02.2021 Dynamic Air Engineering (India) Private Limited Long Term Bank Facilities of Rs. 19.48 Cr.

Short Term Bank Facilities of Rs. 4.00 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
02.02.2021 Raichur Sholapur Transmission Company Private Limited Long Term Fund Based Facilities of Rs. 240.00 Cr. IVR BBB- (Reaffirmed) Credit Watch with Developing Implications
02.02.2021 Nucleus Energy Private Limited Long Term Bank Facilities of Rs. 16.77 Cr. IVR BBB- (Assigned) Stable
02.02.2021 4S Spintex India Private Limited [4SSIPL] Long Term Facility - Fund Based - Term Loan of Rs. 10.17 Cr.
Long Term Facility - Fund Based - Cash Credit of Rs. 6.00 Cr.
IVR B+ (Issuer Not Cooperating)
IVR B+ (Issuer Not Cooperating)
-

-
02.02.2021 Atlas Pet Plas Industries Limited Long Term Bank Facilities of Rs. 12.50 Cr. IVR B+ (ISSUER NOT COOPERATING) -
02.02.2021 Capital Power Systems Limited Long Term Bank Facilities of Rs. 25.00 Cr. (Enhanced from INR 24.00 crore)
Short Term Bank Facilities of Rs. 50.00 Cr. (Increased from INR 48.00 crore)
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-
01.02.2021 Uniseven Engineering & Infrastructure Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 10.00 Cr.

Non Fund Based Facility - Bank Guarantee of Rs. 30.00 Cr.
IVR BB (Assigned & Withdrawn)
IVR BB (Assigned & Withdrawn)
Stable

Stable
01.02.2021 Syntex Trading and Agency Pvt Ltd (STAPL) Long Term Facility - Fund Based - Term Loan of Rs. 374.20 Cr. (reduced from INR 463.29 crore) IVR B- (ISSUER NOT COOPERATING) -
01.02.2021 Nikhil Adhesives Limited (NAL) Long Term Bank Facilities - Fund Based of Rs. 5.00 Cr.

Short Term Bank Facilities - Non Fund Based of Rs. 95.00 Cr.

Long Term - Fund Based of Rs. (20.00 Cr.)^
IVR BB+ (ISSUER NOT COOPERATING)
IVR A4+ (ISSUER NOT COOPERATING)
IVR BB+ (ISSUER NOT COOPERATING)
-

-

-
01.02.2021 Livenza Granito LLP Long Term Bank Facilities of Rs. 25.09 Cr.

Short Term Bank Facilities of Rs. 2.50 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
30.01.2021 Sunrise Gilts and Securities Private Limited Proposed Long Term Bank Facilities of Rs. 70.00 Cr. Provisional IVR AA+ (Withdrawn) Stable
30.01.2021 Nalin Lease Finance Limited (NLFL) Long Term Bank Facilities of Rs. 7.50 Cr. IVR BB (Assigned) Stable
30.01.2021 Rajeev Shantisarup Reniwal Long Term/Short Term Bank Facilities of Rs. 30.00 Cr. IVR BB; IVR A4 (Reclassified and Reaffirmed) Stable/-
30.01.2021 Capron Vitrified Private Limited Long Term Bank Facilities of Rs. 21.32 Cr.

Short Term Bank Facilities of Rs. 3.00 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
29.01.2021 Ambience Facilties Management Pvt Ltd (AFMPL) Long Term Fund Based Facility - Term Loan of Rs. 40.95 Cr.

Short Term Fund Based Facility - Overdraft of Rs. 14.78 Cr.
IVR BB+

IVR A4+
Stable

-
29.01.2021 Lord's Mark Industries Private Limited Long Term Bank Facilities of Rs. 46.25 Cr.

Short Term Bank Facilities of Rs. (14.25 Cr.)
IVR BBB- (Assigned)

IVR A3 (Assigned)
Credit Watch with Developing Implication
Credit Watch with Developing Implication
29.01.2021 Fortune Resources Private Limited Long Term Bank Facility - Fund based Limit of Rs. 7.50 Cr.

Proposed Long Term Bank Facility - Fund based Limit of Rs. 2.50 Cr.
IVR A- (CE)(Assigned)

IVR A- (CE)(Assigned)
Stable

Stable
29.01.2021 MB Sponge & Power Limited Long Term Bank Facilities of Rs. 11.20 Cr.

Short Term Bank Facilities of Rs. 6.10 Cr.
IVR BB+ (Upgraded)

IVR A4+ (Upgraded)
Stable

-
28.01.2021 Waaree Energies Limited NCD Series - II of Rs. 23.40 Cr. (Present o/s Nil) (Withdrawn) -
28.01.2021 Gita Met Industries Long Term Bank Facilities of Rs. 18.10 Cr.

Short Term Bank Facilities of Rs. 0.67 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
28.01.2021 Sagar Metallics Private Limited Long Term Bank Facilities of Rs. 14.57 Cr. IVR BB+ (Assigned) Stable
28.01.2021 Radha Smelters Private Limited (RSPL) Long Term Fund Based Facility - Cash Credit of Rs. 61.00 Cr.

Long Term Fund Based Facility - Term Loan of Rs. 23.86 Cr.

Long Term Fund Based Facility - SLC COVID19 of Rs. 5.45 Cr.

Long Term Fund Based Facility - GECL WCTL2 of Rs. 15.47 Cr.

Short Term Non Fund Based Facility - Bank Guarantee of Rs. 0.50 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

Stable

Stable

Stable

-
28.01.2021 Rameswar Udyog Private Limited (RUPL) Long Term Bank Facility - Term Loan of Rs. 33.71 Cr. (reduced from 43.30)

Short Term Bank Facilities - Fund Based - PC/PCFC of Rs. 27.00 Cr.

Short Term Bank Facilities - Fund Based - Proposed PC/PCFC of Rs. 9.59 Cr.

Short Term Bank Facility - Fund Based - Demand cum Usance Bills Purchase/Discount limit against accepted bills under LCs of Rs. 20.00 Cr.

Short Term Bank Facility - Non Fund Based - Bank Guarantee of Rs. 2.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR A3 (Assigned)

IVR A3 (Reaffirmed)


IVR A3 (Reaffirmed)
Stable

-

-

-


-
28.01.2021 Kavitha Gold and Diamonds Long Term Bank Facilities of Rs. 65.00 Cr. IVR BBB- (Assigned) Credit Watch with Developing Implications
28.01.2021 Sun Paper Mill Limited Long Term Proposed Facility - Proposed Term Loan of Rs. 165.00 Cr.


Long Term Proposed Facility - Proposed Cash Credit of Rs. 50.75 Cr.


Long Term Fund Based Facility - OCC of Rs. 4.25 Cr.


Short Term Non Fund Based Facility - Letter of Credit of Rs. 15.00 Cr.
IVR BB+ (INC)(ISSUER NOT COOPERATING)

IVR BB+ (INC)(ISSUER NOT COOPERATING)

IVR BB+ (INC)(ISSUER NOT COOPERATING)

IVR A4+ (INC)(ISSUER NOT COOPERATING)
-


-


-


-
27.01.2021 NRVS Steels Limited Long Term Bank Facilities of Rs. 40.00 Cr. IVR BBB+ (Assigned) Positive
27.01.2021 NRTMT (India) Private Limited Long Term Bank Facilities of Rs. 14.00 Cr. IVR BBB+ (Assigned) Positive
27.01.2021 N.R. Ispat & Power Private Limited Long Term Bank Facilities of Rs. 47.50 Cr.

Short Term Bank Facilities of Rs. 2.50 Cr.
IVR BBB+ (Assigned)

IVR A2 (Assigned)
Positive

-
27.01.2021 Chinar Forge Limited (CFL) Long Term Fund Based Bank Facilities of Rs. 79.21 Cr. IVR BB- (Assigned) Stable
25.01.2021 Air Perfection Long Term Bank Facilities of Rs. 9.00 Cr.

Short Term Bank Facilities of Rs. 10.00 Cr.
IVR BB (Assigned)
IVR A4 (Assigned)
Stable

-
25.01.2021 Uniproducts India Limited Long Term Bank Facilities of Rs. 180.00 Cr.

Short Term Bank Facilities of Rs. 20.00 Cr.
IVR BB (Revised and withdrawn)
IVR A4 (Revised and withdrawn)
Stable

-
23.01.2021 Mitsumi Distribution FZCO Issuer Rating IVR A (IS)(Assigned) Stable
23.01.2021 Grand Canyon SEZ Private Limited [GC SEZ] Long term Loan - LRD facility of Rs. 300.00 Cr. IVR BBB- (Assigned) Stable
23.01.2021 Nayati Medical Private Limited Long Term Bank Facilities of Rs. 10.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) -
23.01.2021 Nayati Healthcare and Research Private Limited Long Term Bank Facilities of Rs. 250.00 Cr.

Long Term Bank Facilities of Rs. 45.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)
IVR BB+ (ISSUER NOT COOPERATING)
-

-
23.01.2021 Nayati Healthcare & Research NCR Pvt Ltd Long Term Bank Facilities of Rs. 850.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) -
22.01.2021 Sri Ram Cables Private Limited Proposed Long Term Bank Facility of Rs. 12.00 Cr.

Proposed Short Term Bank Facility of Rs. 28.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Credit Watch with Developing Implication
Credit Watch with Developing Implication
22.01.2021 Enn Enn Capital Pvt Ltd (Proposed) Long Term Bank Facility – Fund Based – Term Loan of Rs. 85.00 Cr. Provisional IVR BBB (CE)(Revised) Stable
21.01.2021 Logan Minerals Private Limited Long Term/Short Term Bank facilities of Rs. 2.00 Cr. ((reduced from Rs. 3.00 Cr.)

Short Term Bank Facilities of Rs. 26.00 Cr. (including proposed limit of Rs. 0.40 cr) (increased from Rs. 25.00 cr)
IVR BBB-/IVR A3; (Reaffirmed)

IVR A3 (Reaffirmed)
Credit Watch with Developing Implications

Credit Watch with Developing Implications
21.01.2021 Apical Exim Private Limited Long Term/Short Term Bank facilities of Rs. 21.40 Cr. (including proposed limit of Rs. 8.40)

Short Term Bank Facilities of Rs. 2.60 Cr.
IVR BBB-/IVR A3; (Reaffirmed)

IVR A3 (Reaffirmed)
Credit Watch with Developing Implications

Credit Watch with Developing Implications
21.01.2021 Jupiter Hospital Projects Pvt Ltd (JHPPL) Long Term Fund Based Facility - Term Loan of Rs. 170.00 Cr.

Short Term Fund Based Facility - Overdraft of Rs. 10.00 Cr.
IVR BBB+ (CE)

IVR A2 (CE)
Stable

-
21.01.2021 RV Wines LLP Short Term Bank Facilities of Rs. 55.00 Cr. (Enhanced from Rs. 45.00 crore)

Long Term Bank Facilities of Rs. 34.00 Cr.
IVR A4 (Downgraded)

IVR BB (Downgraded)
-

Negative
21.01.2021 Avyukta Agro Impex Private Limited Short Term Bank Facilities of Rs. 65.00 Cr. (Enhanced from Rs. 45.00 crore)

Long Term Bank Facilities of Rs. 32.00 Cr.
IVR A4 (Downgraded)

IVR BB (Downgraded)
-

Negative
21.01.2021 Vishesh Diagnostics Pvt Ltd Long Term Fund Based Facility - Term Loan

(Proposed) Long Term Fund Based Facility - Term Loan

Short Term Facility - Fund Based - Overdraft

(Proposed) Short Term Facility - Fund Based - Overdraft
Withdrawn

Withdrawn

Withdrawn

Withdrawn
-

-

-

-
21.01.2021 Regaal Resources Pvt Ltd Long Term Bank Facilities of Rs. 115.00 Cr. IVR BBB- (CE)(Reaffirmed) Stable
21.01.2021 Anvil Electricals Private Limited Long Term Bank Facilities - Term Loan of Rs. 1.45 Cr. (Reduced from Rs.1.69 crore)

Long Term Bank Facilities - Cash Credit of Rs. 15.54 Cr. (including proposed limit of Rs. 6.54 crore and reduced from Rs. 22.92 crore)

Long Term Bank Facilities - GECL of Rs. 2.08 Cr. (New Facility)

Long Term Bank Facilities - CECL of Rs. 1.30 Cr. (New Facility)

Long Term Bank Facilities - Bank Guarantee of Rs. 4.00 Cr. (Existing Facility)

Short Term Bank Facilities - Letter of Credit of Rs. 7.50 Cr. (including proposed limit of Rs. 3.50 crore)

Short Term Bank Facilities - FITL of Rs. 0.50 Cr. (New Facility)
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR A3 (Assigned)
Stable

Stable

Stable

Stable

Stable

-

-
21.01.2021 Spanv Medisearch Lifesciences Private Limited Term Loan (Proposed)

Cash Credit (Proposed)
Withdrawn

Withdrawn
-

-
20.01.2021 Amrit Agencies (Indore) Private Limited Long Term Bank Facilities of Rs. 20.00 Cr.

Short Term Bank Facilities of Rs.5.00 Cr.

Proposed Long Term Bank Facilities of Rs.80.00 Cr.
IVR BBB-

IVR A3

IVR BBB-
Credit Watch with Developing Implication

-

Credit Watch with Developing Implication
20.01.2021 Anil Buildcon Private Limited Long Term / Short Term Facility – Non Fund Based of Rs. 28.00 Cr.

Short Term Facility – Fund Based – Overdraft of Rs.0.50 Cr.

(Proposed) Short Term Facility – Fund Based of Rs.0.10 Cr.
IVR BB+ (Issuer Not Cooperating)

IVR A4+ (Issuer Not Cooperating)

IVR A4+ (Issuer Not Cooperating)
-

-

-
20.01.2021 Premier Marine Foods Long Term Bank Facilities- Fund Based of Rs. 3.60 Cr.

Short Term Bank Facility-Fund Based of Rs. 50.00 Cr.
IVR BB+

IVR A4+
Stable

-
20.01.2021 Kids Impex Long Term Bank Facilities- Fund Based of Rs. 5.76 Cr.

Short Term Bank Facilities- Fund Based of Rs. 4.00 Cr.

Proposed Short Term Bank Facility- Fund Based of Rs. 0.40 Cr.
IVR B+

IVR A4

IVR A4
Stable

Stable

-
19.01.2021 Millennium Tiles LLP (MTL) Long Term Bank Facility - O/S Term Loans of Rs. 26.41 Cr.

Long Term Bank Facility - Cash Credit of Rs. 10.00 Cr.

Short Term Bank Facility - Bank Guarantee of Rs. 4.32 Cr.
IVR BB

IVR BB

IVR A4
Stable

Stable

-
18.01.2021 Topline Commodities Pvt Ltd Long Term Bank Facilities - Term Loan Cash Credit of Rs. 34.15 Cr.

Long Term Bank Facilities - Cash Credit of Rs. 21.00 Cr.

Short Term Bank Facilities - Bank Guarantee of Rs. 1.67 Cr.
IVR B (ISSUER NOT COOPERATING)
IVR B (ISSUER NOT COOPERATING)
IVR A4 (ISSUER NOT COOPERATING)
-

-

-
18.01.2021 Tuaman Engineering Limited Long Term/ Short T erm Bank Facilities of Rs. 270.00 Cr. (enhanced from 220.00) IVR A/ IVR A1 (Reaffirmed) Stable/-
18.01.2021 ATS Housing Private Limited Long Term Bank Facility - Term Loan of Rs. 100.00 Cr. IVR BB (Assigned) Stable
18.01.2021 Kings Infra Ventures Ltd Long Term Bank Facilities/ Instruments of Rs. 13.58 Cr.

Non-Convertible Debenture of Rs. 25.00 Cr.

Short Term Bank Facilities of Rs. 4.42 Cr.
IVR BB- (Assigned)

IVR BB- (Assigned)

IVR A4 (Assigned)
Stable

Stable

-
15.01.2021 Eco Cane Sugar Energy Limited Long Term Fund Based Bank Facilities - Term Loans of Rs. 88.00 Cr.

Long Term Fund Based Bank Facilities - Cash Credit of Rs. 100.00 Cr.

Proposed Short Term Bank Facilities - Bill Discounting of Rs. 15.00 Cr.
IVR BB+ (Assigned)

IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

Stable

-
15.01.2021 Sudharma Infratech Private Limited (SIPL) Long Term Fund Based Facility - Cash Credit of Rs. 8.00 Cr.

Short Term Non Fund Based Facilities - Bank Guarantee of Rs. 16.25 Cr.
IVR BBB-

IVR A3
Credit Watch with Developing Implications
Credit Watch with Developing Implications
15.01.2021 Salasar Dineshchandra Infraprojects Pvt Ltd Long Term Fund Facility - Term Loan of Rs. 141.33 Cr. IVR AAA (CE) Stable
15.01.2021 Dhanvarsha Finvest Limited (DFL) Long Term Fund Based Facilities - Term Loans of Rs. 55.43 Cr.

Proposed Long Term Bank Facilities of Rs. 94.57 Cr. (Increased from previous proposed facility of INR 50.00 Crore)

Proposed NCDs of Rs. 75.00 Cr. (Increased from INR 25.00 crore)
IVR BBB- (Assigned)

IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Positive

Positive

Positive
15.01.2021 Shree Pandurang Sahakari Sakhar karkhana Limited [SPSSKL] Long Term Fund Based Term Loan of Rs. 29.58 Cr.

Long Term Fund Based - Covid Emergency Credit Line - Demand Loan of Rs. 15.00 Cr.
Long Term Fund Based - Cash Credit of Rs. 150.00 Cr. (Increased from INR 50.00 crore)
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR BBB- (Reaffirmed)
Stable

Stable

Stable
14.01.2021 Fusion Industries Limited Long Term Fund Based Bank Facilities of Rs. 21.50 Cr.

Short Term Non Fund Based Bank Facilities of Rs. 8.50 Cr.
IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)
Stable

-
14.01.2021 Kalyaneswari Udyog Pvt Ltd Long Term Bank Fund Based Facility - Cash Credit of Rs. 6.50 Cr.

Short Term Non Fund Based Facility - Bank Guarantee of Rs. 2.00 Cr.
IVR BB+ (Reaffirmed & Withdrawn)
IVR A4+ (Reaffirmed & Withdrawn)
Stable

-
14.01.2021 Rajasthani Sammelan Education Trust Long Term Fund based facilities - Term Loan of Rs. 48.05 Cr. (Increase from 23.00)

Long Term Fund based facilities - Overdraft of Rs. 12.00 Cr.

Proposed Long Term Fund Based Bank Facilities of Rs. 2.95 Cr.
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)

IVR BB+ (Assigned)
Stable

Stable

Stable
14.01.2021 Medec Dragon Private Limited Issuer Rating IVR A (IS)(Revised) Stable
14.01.2021 Shree Ram Resins Private Limited Long Term Fund Based Facilities - Cash Credit of Rs. 14.00 Cr. IVR BB (ISSUER NOT COOPERATING) -
14.01.2021 Indo Farm Equipment Limited [IFEL] Long Term Bank Facilities of Rs. 145.00 Cr. (Increased from INR 120.00 Crore)

Short Term Bank Facilities of Rs. 10.20 Cr. (Reduced from INR 35.20)
IVR BBB+ (Revised)

IVR A2 (Revised)
Stable

-
14.01.2021 JMV Polymer Limited Long Term Bank Facilities (including proposed term loan of Rs. 1.16 crore) of Rs. 23.00 Cr. (enhanced from Rs. 14.84 crore) IVR B+ (ISSUER NOT COOPERATING) -
13.01.2021 Panchanan Cold Storage Private Limited Long Term Bank Facilities of Rs. 10.08 Cr. IVR B- (ISSUER NOT COOPERATING) -
13.01.2021 RAIC Integrated Sponge & Power Private Limited Long Term Bank Facilities of Rs. 109.00 Cr.

Short Term Bank Facilities of Rs. 30.00 Cr.
IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

-
13.01.2021 N.N. Ispat Private Limited Long Term Bank Facilities of Rs. 52.45 Cr.

Short Term Bank Facilities of Rs. 40.00 Cr.
IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

-
13.01.2021 AIC Iron Industries Private Limited Long Term Bank Facilities of Rs. 74.25 Cr.

Short Term Bank Facilities of Rs. 11.75 Cr.
IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

-
13.01.2021 MM Aqua Technologies Limited Long Term Bank Facilities of Rs. 12.00 Cr.

Short Term Bank Facilities of Rs. 7.50 Cr.
IVR BB-

IVR A4
-

-
13.01.2021 Amir Chand Jagdish Kumar (Exports) Limited Long Term Fund Based Bank Facilities of Rs. 69.27 Cr.

Short Term Non-Fund Based Bank Facilities of Rs. 755.00 Cr.
IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)
Stable

-
13.01.2021 Regal Trading Private Limited Long Term Bank Facilities of Rs. 15.00 Cr.

Short Term Bank Facilities of Rs. 15.00 Cr.

Proposed Long Term Facilities of Rs. 6.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)

IVR BBB- (Assigned)
Stable

-

Stable
13.01.2021 Compuage Infocom Limited (CIL) Long Term Bank Facility - Fund Based - Cash Credit/OD/WCDL of Rs. 360.90 Cr. (reduced from 392.45)

Long Term Bank Facility - Fund Based - Proposed Cash Credit/OD/WCDL of Rs. 64.10 Cr.

Long Term/Short Term Bank Facilities - Non Fund Based - LC/BG of Rs. 457.00 Cr. (reduced from 535.00)

Long Term/Short Term Bank Facilities - Non Fund Based - Proposed LC/BG of Rs. 78.00 Cr.
IVR A- (Reaffirmed)

IVR A- (Reaffirmed)

IVR A-/IVR A2+ (Reaffirmed)

IVR A-/IVR A2+ (Reaffirmed)
Positive

Positive

Positive/-

Positive/-
12.01.2021 Adani Infrastructure Management Services Limited Long Term Bank Facilities of Rs. 576.00 Cr. IVR AA- (CE)(Assigned) Stable
11.01.2021 Rajasthani Sammelan Education Trust Long Term Fund based facilities - Term Loan of Rs. 23.00 Cr.

Long Term Fund based facilities - Overdraft of Rs. 12.00 Cr.
IVR BB+

IVR BB+
Stable

Stable
11.01.2021 Ascent-E-Digit Solutions Private Limited [AEDSPL] Long Term Fund Based Facilities- Cash Credit of Rs. 7.50 Cr. (Reduced from INR 10.00 Crore)

Short Term Non- Fund Based Facilities- Bank Guarantee of Rs. 25.00 Cr.

Long Term Fund Based Facilities-Working Capital Term Loan of Rs. 2.30 Cr.

Proposed Short Term Non- Fund Based Facilities- Bank Guarantee of Rs. 10.00 Cr.

Proposed Long Term Fund Based Facilities- Cash Credit of Rs. 2.50 Cr.

Letter of Credit of Rs. 5.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR BBB-

IVR A3

IVR BBB-

Withdrawn
Positive

-

Positive

-

Positive

-
11.01.2021 Dhara Motor Finance Limited Long Term Bank Facilities of Rs. 50.00 Cr. (Reduced from 60.00)

Proposed NCD’s of Rs. 10.00 Cr.(Reclassified from Proposed Long-Term Loan)

Proposed Fixed Deposit of Rs. 5.00 Cr.
IVR BBB

IVR BBB

IVR FBBB
Stable

Stable

Stable
11.01.2021 Aditya Auto Industries Long Term Fund Based Facility – Term Loan of Rs. 11.18 Cr.

Long Term Fund Based Facility – Cash Credit of Rs. 8.80 Cr.
IVR BB (INC)

IVR BB (INC)
-

-
09.01.2021 Asia Poly Films Industries Long Term Bank Facilities of Rs. 43.19 Cr.

Short Term Bank Facilities of Rs. 3.00 Cr.
IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
08.01.2021 Universal Fingrowth Private Limited (UFPL) Proposed Long Term Fund Based Facility - Term Loan of Rs. 11.00 Cr.

Proposed Long Term Fund Based Facility - Cash Credit of Rs. 4.00 Cr.

Proposed Non - Convertible Debentures of Rs. 5.00 Cr.
IVR BB+ (Assigned)

IVR BB+ (Assigned)

IVR BB+ (Assigned)
Stable

Stable

-
08.01.2021 PTC Industries Limited (PIL) Long Term Fund Based Facilities of Rs. 117.86 Cr.

Short Term Bank Facilities of Rs. 65.40 Cr.
IVR BBB+ (Assigned)

IVR A2 (Assigned)
Stable

-
08.01.2021 Amitex Agro Private Limited Long Term Fund Based Facilities - Cash Credit of Rs. 11.00 Cr.

Long Term Rupee Term Loan of Rs. 16.50 Cr.
IVR BB (ISSUER NOT COOPERATING)
IVR BB (ISSUER NOT COOPERATING)
Stable

Stable
08.01.2021 Atal Realtech Private Limited Long Term Bank Facility - Fund Based - Cash Credit of Rs. 11.00 Cr.

Short Term Bank Facility - Non Fund Based - Bank Guarantee of Rs. 11.90 Cr.
IVR BB (ISSUER NOT COOPERATING)
IVR A4 (ISSUER NOT COOPERATING)
-

-
08.01.2021 Gagan Ferrotech Limited Long Term Bank Facilities - Cash Credit of Rs. 150.00 Cr.

Long Term Bank Facilities - Term Loan of Rs. 60.72 Cr.

Short Term Bank Facilities - Letter of Credit/Bank Guarantee of Rs. 93.75 Cr.
IVR A (Reaffirmed)

IVR A (Reaffirmed)

IVR A1 (Reaffirmed)
Stable

Stable

-
07.01.2021 Paul Merchants Limited (PML) Long Term Bank Facility – Cash Credit of Rs. 8.00 Cr.

Short term Bank Facility – Bank Guarantee of Rs. 2.00 Cr.

Proposed Short Term Bank Facilities of Rs. 0.80 Cr.
IVR A

IVR A1

IVR A1
Stable

-

-
07.01.2021 Emperial Films LLP Long Term Bank Facilities of Rs. 20.90 Cr.

Short Term Bank Facilities of Rs. 1.75 Cr.

Proposed Long/Short Facilities of Rs. 4.38 Cr.
IVR BB+ (Upgraded)

IVR A4+ (Upgraded)

IVR BB+;IVR A4+ (Upgraded)
Stable

-

Stable/-
07.01.2021 Ostwal Phoschem (India) Limited (OPIL) Long Term Fund Based Bank Facility – Term Loan of Rs. 0.34 Cr.

Long Term Fund Based Bank Facility – Cash Credit of Rs. 21.00 Cr.

Short Term Non -Fund Based Bank Facility – Letter of Credit of Rs. 15.00 Cr.
IVR BBB+ (Assigned)

IVR BBB+ (Assigned)

IVR A2 (Assigned)
Stable

Stable

-
07.01.2021 Greenworth Infrastructure Private Limited [GIPL] Long Term Fund Based Facilities - Cash Credit of Rs. 15.00 Cr. (Enhanced from INR 10.00 Cr)

Short Term Non Fund Based Facilities - Bank Guarantee of Rs. 45.00 Cr. (Enhanced from INR 10.00 Cr)

Short Term Fund Based Facilities - Bill Discounting of Rs. 2.00 Cr.

Long Term Fund Based Facilities - Guaranteed Emergency Credit Line of Rs. 3.87 Cr.

Long Term Fund Based- COVID Funded Interest Term Loan of Rs. 0.78 Cr.

Proposed Long Term Fund based- Cash Credit of Rs. 0.35 Cr.

Proposed Short Term Fund Based –Bill Discounting of Rs. 10.00 Cr.
IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)

IVR A4+ (Assigned)

IVR BB+ (Assigned)

IVR BB+ (Assigned)

IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-

-

Stable

Stable

Stable

-
06.01.2021 Landmark Veneers Private Limited (LVPL) Long Term Fund Based Facility - Cash Credit of Rs. 2.00 Cr.

Short Term Fund Based Facility - LC of Rs. 16.50 Cr.
IVR BB+ (Revised and Withdrawn)

IVR A4+ (Revised and Withdrawn)
Stable

-
06.01.2021 Amul Boards Private Limited (ABPL) Long Term Fund Based Facility - Cash Credit of Rs. 2.50 Cr.

Short Term Fund Based Facility - LC of Rs. 10.00 Cr.
IVR BB+ (Revised and Withdrawn)

IVR A4+ (Revised and Withdrawn)
Stable

-
05.01.2021 Nav Durga Fuel Private Limited Long Term Bank Facilities of Rs. 63.50 Cr. (enhanced from 55.00)

Short Term Bank Facilities of Rs. 8.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Credit watch with developing implications

Credit watch with developing implications
05.01.2021 Shree Pandurang Sahakari Sakhar karkhana Limited [SPSSKL] Long Term-Fund Based - Cash Credit of Rs. 50.00 Cr. IVR BBB- (Assigned) Stable
04.01.2021 Pantheon Infrastructure Private Limited (PIPL) Proposed Term Loan (LRD Facility) of Rs. 500.00 Cr. Provisional IVR AA (Withdrawn) Stable
04.01.2021 Prateek Apparels Pvt. Ltd. Long Term Bank Facilities of Rs. 82.43 Cr.

Short Term Bank Facilities of Rs. 9.00 Cr.
IVR B+ (Issuer Not Cooperating)

IVR A4 (Issuer Not Cooperating)
-

-
04.01.2021 Arrowline Realestate Pvt Ltd Long Term Bank Facilities of Rs. 45.00 Cr. IVR BB (Assigned) Stable
04.01.2021 Mahakaleshwar Infratech Private Limited Long Term Bank Facilities of Rs. 70.00 Cr. IVR BBB- (Assigned) Stable
04.01.2021 Metallic Ferro Alloys LLP Long Term Fund Based Bank Facilities of Rs. 45.00 Cr. (enhanced from Rs. 20.00)

Short Term Non-Fund Bank Facilities of Rs. 15.00 Cr. (enhanced from Rs. 5.00)
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Positive

-
01.01.2021 Hind Energy Coal and Benefication (India) Limited Long Term Bank Facilities of Rs. 47.00 Cr.(enhanced from 20.00)

Short Term Bank Facilities of Rs. 82.00 Cr.
IVR A (Reaffirmed)

IVR A1 (Reaffirmed)
Positive

-
01.01.2021 Debjyoti Pulp And Paper Private Limited Long Term Bank Facilities of Rs. 14.90 Cr. IVR BB- (Assigned) Stable
01.01.2021 Sitaram India Limited Long Term Bank Facilities of Rs. 50.41 Cr.

Short Term Bank Facilities of Rs. 0.58 Cr.
IVR BB- (Assigned)

IVR A4 (Assigned)
Stable

-
31.12.2020 RITES Limited Short Term Bank Facilities of Rs. 850.00 Cr. IVR A1+ (Reaffirmed) -
31.12.2020 G.S. Express Private Limited Long Term Bank Facilities of Rs. 50.00 Cr. (including proposed limit of Rs. 5.00 Cr.)

Short term Bank Facilities of Rs. 100.00 Cr. (including proposed limit of Rs. 20.00 Cr.)
IVR B+ (Revised)

IVR A4 (Reaffirmed)
Stable

-
31.12.2020 Maa Harsiddhi Infra Developers Private Limited Long Term Bank Facilities of Rs. 13.70 Cr. IVR BBB- (Assigned) Stable
31.12.2020 Utkarsh Sfatik Limited Long Term Bank Facilities - Term Loan of Rs. 240.00 Cr. IVR BBB (Reaffirmed) Stable
31.12.2020 Hindustan Coils Limited Long Term Bank Facilities - Cash Credit of Rs. 30.00 Cr.(enhanced from 20.00)

Long Term Bank Facilities - Term Loan of Rs. 26.36 Cr.
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)
Stable

Stable
30.12.2020 Indiabulls Infraestate Limited (IIL) Proposed Long Term Facility - Proposed NCD/NCB of Rs. 650.00 Cr.(increased from INR 300.00 Crore)

Proposed Long Term Facility - NCB/NCD of Rs. 350.00 Cr.
IVR AA- (CE)(Assigned & Reaffirmed)

IVR AA- (CE)(Withdrawn)
Stable

Stable
30.12.2020 Arka Fincap Limited (AFL) Proposed Non-Convertible Debentures of Rs. 70.00 Cr. IVR AA- Stable
30.12.2020 Nextgen Printers Private Limited Long Term Bank Facilities - Cash Credit of Rs. 15.20 Cr.

Long Term Bank Facilities - Term Loan of Rs. 26.36 Cr.

Short Term Bank Facilities - Bank Guarantee of Rs. 6.50 Cr.

Short Term Bank Facilities - Letter of credit of Rs. 0.08 Cr.
IVR BB- (Issuer Not Cooperating)
IVR BB- (Issuer Not Cooperating)
IVR A4 (Issuer Not Cooperating)
IVR A4 (Issuer Not Cooperating)
-

-

-

-
30.12.2020 Acme Commodities Private Limited Long Term Bank Facilities of Rs. 36.28 Cr. IVR BB+ (Assigned) Stable
30.12.2020 Purbanchal Lumbers Private Limited (PLuPL) Long Term Fund Based Facility - Cash Credit of Rs. 3.15 Cr.

Short Term Non Fund Based Facilities – Import Letter of Credit of Rs. 35.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-
30.12.2020 Purbanchal Laminates Private Limited (PLPL) Long Term Fund Based Facility - Cash Credit of Rs. 7.75 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 0.62 Cr.

Short Term Non Fund Based Facilities – Inland/Import Letter of Credit of Rs. 4.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

Stable

-
30.12.2020 Purbanchal Composite Panel (India) Private Limited (PCPIPL) Long Term Fund Based Facility - Cash Credit of Rs. 5.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 3.70 Cr.

Short Term Non Fund Based Facilities – Letter of Credit of Rs. 4.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

Stable

-
30.12.2020 Ritesh Tradefin Ltd. Long Term Bank Facilities of Rs. 13.00 Cr. IVR BB (Issuer Not Cooperating) -
30.12.2020 New Leaf Tea Plantation Pvt. Ltd. Long Term Bank Facilities of Rs. 11.25 Cr.

Short Term Bank Facilities of Rs. 0.50 Cr.
IVR BB- (Issuer Not Cooperating)
IVR A4 (Issuer Not Cooperating)
-

-
30.12.2020 Arka Eduserve Private Limited (AEPL) Long Term Bank Facilities of Rs. 71.00 Cr. IVR BBB (Assigned) Stable
30.12.2020 Arka Educational & Cultural Trust (AECT) Long Term Bank Facilities of Rs. 162.00 Cr.

Short Term Bank Facilities of Rs. 10.00 Cr.
IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

-
30.12.2020 SPA Global Private Limited (SGPL) Long Term Bank Facilities of Rs. 25.00 Cr.

Long Term Bank Facilities of Rs. 20.00 Cr.
IVR AA+ (CE)(Reaffirmed)

IVR AA+ (CE)(Assigned)
Stable

Stable
30.12.2020 MNR Cottons Private Limited Long Term Bank Facilities of Rs. 13.52 Cr.

Short Term Bank Facilities of Rs. 0.80 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
29.12.2020 GTN Textiles Limited Long Term Bank Facilities - Term Loan of Rs. 1.63 Cr.

Long Term Bank Facilities - Cash Credit of Rs. 21.60 Cr.

Short Term Bank Facilities – EPC/PCFC of Rs. 14.40 Cr.

Short Term Bank Facilities – Letter of credit/Bank Guarantee of Rs. 28.50 Cr.
IVR D (Revised)

IVR D (Revised)

IVR D (Revised)

IVR D (Revised)
-

-

-

-
29.12.2020 Lakshmiji Sugar Mills Company Limited (LSMCL) Long Term Fund Based Bank Facility - Term Loan of Rs. 22.31 Cr.

Long Term Fund Based Bank Facility - Cash Credit of Rs. 32.00 Cr.

Long Term Fund - Proposed of Rs. 0.69 Cr.
IVR BB- (Assigned)

IVR BB- (Assigned)

IVR BB- (Assigned)
Stable

Stable

Stable
28.12.2020 Shri Ram Ginning, Pressing and Oil Mill (SGPM) Long Term Fund Based Facility – Cash Credit of Rs. 10.25 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 2.45 Cr.
IVR BB- (Assigned)

IVR BB- (Assigned)
Stable

Stable
28.12.2020 Sasvitha Home Finance Private Limited Long Term Bank Facilities of Rs. 53.49 Cr.

Long Term/Short Term Bank Facilities of Rs. 26.51 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)
Stable

Stable
28.12.2020 Neccon Power and Infra Limited Long Term Bank Facilities of Rs. 92.76 Cr.

Short term bank facilities of Rs. 442.24 Cr.(including proposed short term facility of Rs. 67.24 crore)
IVR BBB- (Assigned)

IVR A3 (Assigned)
Credit Watch with Developing Implications
Credit Watch with Developing Implications
28.12.2020 Deccan Ferro Alloys Private Limited (DFAPL) Long Term Bank Facility - CC of Rs. 15.00 Cr.

Short Term Bank Facility - Letter of Credit of Rs. 28.00 Cr.

Short Term Bank Facility – Bank Guarantee of Rs. 2.00 Cr.
IVR BB+ (Issuer Not Cooperating)
IVR A4+ (Issuer Not Cooperating)
IVR A4+ (Issuer Not Cooperating)
-

-

-
28.12.2020 Cosmos Industries Limited Long Term Bank Facilities of Rs. 62.00 Cr. IVR B+ Stable
26.12.2020 MMR Construction Company Private Limited Long Term Bank Facilities of Rs. 5.00 Cr.

Short Term Bank Facilities of Rs. 30.00 Cr.
IVR BB- (Issuer Not Cooperating)
IVR A4 (Issuer Not Cooperating)
Stable

Stable
26.12.2020 Dineshchandra Tanot Infra Pvt Ltd (Proposed) Long Term Fund Based Facility – Term Loan of Rs. 540.00 Cr. IVR AAA (CE) Stable
26.12.2020 Gour Road Tar Coat Private Limited (GRTCPL) Long Term Bank Facilities of Rs. 10.00 Cr.(Enhancement from INR 7.00 Crore)

Short Term Bank Facilities of Rs. 90.00 Cr.(Enhanced from INR 63.00 Crore)
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-
24.12.2020 Shree Biradev Finance Private Limited Long Term Fund Based Bank Facilities of Rs. 50.00 Cr.(Including Proposed Limit of Rs. 30.00 Cr) IVR BB+ (Assigned) Stable
24.12.2020 Indo Global Soft Solutions and Technologies Private Limited Long Term Bank Facility – Lease Rental Discounting of Rs. 163.00 Cr. IVR D (Revised) -
23.12.2020 Metallic Ferro Alloys LLP Long Term Fund Based Bank Facilities of Rs. 20.00 Cr.

Short Term Non-Fund Based Bank Facilities of Rs. 10.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Positive

-
23.12.2020 Wave Beverages Private Limited Long term Bank Facilities of Rs. 35.00 Cr. IVR BBB- (Assigned) Stable
22.12.2020 Ashirvad Food Products Pvt Ltd (AFPPL) Long term Bank Facility - CC of Rs. 20.64 Cr.

Short Term Bank Facility – Letter of Credit of Rs. 0.25 Cr.

Short Term Bank Facility – Bank Guarantee of Rs. 5.63 Cr.

Short Term Bank Facility – Proposed Bank Guarantee of Rs. 1.48 Cr.
IVR B+ (ISSUER NOT COOPERATING)
IVR A4 (ISSUER NOT COOPERATING)
IVR A4 (ISSUER NOT COOPERATING)
-

-

-

-
22.12.2020 GKC Projects Limited Long term Bank Facilities of Rs. 1981.06 Cr.

Optionally Convertible Debentures of Rs. 183.93 Cr.
IVR D (ISSUER NOT COOPERATING)
IVR D (ISSUER NOT COOPERATING)
-

-
22.12.2020 MAG Finserv Company Limited (MFCL) Long Term Fund Based Facility – Cash Credit of Rs. 10.40 Cr.

Long Term Fund Based Facility – (Proposed) Cash Credit of Rs. 4.60 Cr.

Long Term Fund Based Facility – (Proposed) Term Loan of Rs. 15.00 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)


IVR BBB- (Assigned)
Credit watch with developing implications
Credit watch with developing implications

Credit watch with developing implications
22.12.2020 Raviraj Foils Limited Long Term Fund based facilities - Cash Credit of Rs. 59.00 Cr.

Long Term Fund based facilities - Term Loan of Rs. 46.86 Cr.

Short Term Non fund based Bank Facilities - Bank Guarantee of Rs. 8.50 Cr.

Short Term Non fund based Bank Facilities - Letter of Credit of Rs. 3.25 Cr.
IVR BBB+ (Assigned)

IVR BBB+ (Assigned)

IVR A2 (Assigned)

IVR A2 (Assigned)
Stable

Stable

-

-
21.12.2020 Enn Enn Corp Ltd Long Term Bank Facility – Fund Based – Term Loan of Rs. 160.91 Cr.(reduced from INR 200.00 crore)

Long Term Bank Facility – Fund Based – Term Loan of Rs. 92.54 Cr.

Short Term Facility – Non Fund Based – Overdraft of Rs. 6.00 Cr.
IVR BBB (Revised)

IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

Stable

-
18.12.2020 Bliss GVS Pharma Limited (Bliss GVS) Long Term Bank Facilities – Term Loan of Rs. 60.00 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 10.00 Cr.

Short Term Bank Facilities – Bill Discounting of Rs. 40.00 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 15.00 Cr.

Short Term Fund Based Facility – Bill Discounting of Rs. 10.00 Cr.

Short Term Fund Based Facility – PCFC of Rs. 10.00 Cr.

Short Term Non Fund Based Facility – Letter of Credit/Bank Guarantee of Rs. 11.00 Cr.

(Proposed) Short Term Non Fund Based Facility – Letter of Credit/Bank Guarantee of Rs. 4.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR A3 (Reaffirmed)

IVR A3 (Assigned)

IVR A3 (Assigned)

IVR A3 (Assigned)

IVR A3 (Assigned)
Stable

Stable

-

-

-

-

-

-
18.12.2020 Agrawal Distilleries Private Limited Long Term Fund Based Facilities – Term Loan of Rs. 39.90 Cr.(incl. proposed TL of INR 36.00 cr.)

Long Term Fund Based Facility – Cash Credit of Rs. 4.00 Cr.

Short Term Non-Fund Based Facility – Bank Guarantee of Rs. 3.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)

IVR BB+ (ISSUER NOT COOPERATING)

IVR A4+ (ISSUER NOT COOPERATING)
-

-

-
18.12.2020 Earth Minerals Company Limited Long Term Bank Facility of Rs. 20.00 Cr.

Short Term Bank Facility of Rs. 30.00 Cr.(enhanced from 5.00)
IVR A (CE)(Reaffirmed)

IVR A1 (CE)(Reaffirmed)
Positive

-
18.12.2020 Mani Square Limited Long Term Bank Facilities of Rs. 197.78 Cr. IVR BB+ (Revised) Negative
18.12.2020 Mohit Ispat Private Limited (MIPL) Long Term Bank Facilities of Rs. 27.45 Cr.

Short Term Bank Facilities of Rs. 12.00 Cr.

Short Term Bank Facilities of Rs. 25.00 Cr.
IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)

IVR A4+ (Assigned)
Stable

-

-
17.12.2020 Enviro Infra Engineers Pvt Ltd Long Term Bank Facilities of Rs. 51.50 Cr.

(Proposed) Long Term Bank Facilities of Rs. 6.00 Cr.

Short Term Bank Facilities of Rs. 2.50 Cr.
IVR BBB- (Assigned)

IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

Stable

-
17.12.2020 Raudra Technocrats Private Limited Long Term Bank Facilities of Rs. 5.00 Cr.

(Proposed) Long Term Bank Facilities of Rs. 2.50 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR B+ (Assigned)

IVR B+ (Assigned)

IVR A4 (Assigned)
Stable

Stable

-
17.12.2020 ARCL Organics Ltd Long Term Bank Facilities of Rs. 6.00 Cr.

Short Term Bank Facilities of Rs. 10.25 Cr.
IVR BBB- (Revised)

IVR A3 (Revised)
Stable

-
16.12.2020 Maya Construction Company Private Limited (MCCPPL) Long Term Fund Based Bank Facility - Cash Credit of Rs. 5.00 Cr.

Short Term Non Fund Based Bank Facilities of Rs. 5.00 Cr.
IVR BB- (Assigned)

IVR A4 (Assigned)
Stable

-
16.12.2020 M/s. Ispat India Long Term Bank Facilities - Cash Credit of Rs. 24.00 Cr.

Long Term Bank Facilities - Term Loan of Rs. 2.33 Cr.(reduced from Rs. 4.26 crore)
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)
Stable

Stable
16.12.2020 Hindustan Coils Limited Long Term Bank Facilities – Cash Credit of Rs. 20.00 Cr.

Long Term Bank Facilities - Term Loan of Rs. 26.36 Cr.(reduced from Rs. 33.33 crore)
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)
Stable

Stable
16.12.2020 Devi Iron & Power Private Limited Long Term Bank Facilities – Cash Credit of Rs. 30.00 Cr.(including proposed limit of Rs. 5.00 crore)

Long Term Bank Facilities - Term Loan of Rs. 3.78 Cr.(reduced from Rs. 5.40 crore)

Short Term Bank Facilities - Overdraft of Rs. 15.00 Cr.
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

Stable

-
16.12.2020 Agrawal Channel Mills Private Limited Long Term Bank Facilities - Cash Credit of Rs. 20.00 Cr.

Long Term Bank Facilities - Term Loan of Rs. 7.17 Cr.(reduced from Rs.7.79 crore)
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)
Stable

Stable
16.12.2020 Tirupati Conductors Private Limited Long Term Bank Facilities - Cash Credit of Rs. 18.00 Cr.(Including proposed limit of Rs. 5.00 crore)

Short Term Bank Facilities - Bank Guarantee of Rs. 12.00 Cr.(Including proposed limit of Rs. 5.00 crore)
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

-
15.12.2020 Akriti Sales Corporation (ASC) Long Term Fund Based Facility – Cash Credit of Rs. 31.75 Cr.
Long Term Fund Based Facility – Channel Finance of Rs. 6.50 Cr.
Short Term Non Fund Based Facility – Bank Guarantee of Rs. 1.00 Cr.
IVR BB+

IVR BB+

IVR A4+
Stable

Stable

-
15.12.2020 Unique Construction Long term - Bank Facilities of Rs. 27.00 Cr.

Short Term - Bank Facilities of Rs. 93.00 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
15.12.2020 Kings Canyon SEZ Private Limited [KC SEZ] Long term Loan - LRD facility of Rs. 690.00 Cr. (Enhanced from Rs. 90.00) IVR BBB- (Reaffirmed) Stable
14.12.2020 Express Projects Private Limited Long term Bank Facilities of Rs. 18.00 Cr.

Proposed Long Term Bank Facility of Rs. 2.00 Cr.
IVR BB (Assigned)

IVR BB (Assigned)
Stable

Stable
14.12.2020 Himenviro Environmental Engineering Company Private Limited Long term Bank Facilities of Rs. 8.00 Cr.

Short Term Bank Facilities of Rs. 26.50 Cr.
IVR BB (Assigned)

IVR A4 (Assigned)
Stable

-
12.12.2020 Zodiac Dealers Private Limited Long term Bank Facilities of Rs. 70.00 Cr. IVR A- (CE)(Assigned) Stable
12.12.2020 Advance Ventilation Private Limited Long term Bank Facilities of Rs. 11.25 Cr.

Short Term Bank Facilities of Rs. 51.50 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
11.12.2020 Alankar Apartments Private Limited [AAPL] Long term Loan-LRD facility of Rs. 983.80 Cr. (Increased from Rs.973.00 Crore) IVR A- (Reaffirmed) Stable
11.12.2020 Hind Multi Services Private Limited Long Term Bank Facilities of Rs. 10.35 Cr. IVR A- (CE)(Assigned) Stable
11.12.2020 Radiant Coal Benefication Private Limited Long Term Bank Facilities of Rs. 21.00 Cr.

Short Term Bank Facilities of Rs. 4.00 Cr.
IVR A- (CE)(Assigned)

IVR A2+ (CE)(Assigned)
Stable

-
11.12.2020 Clean Coal Enterprises Private Limited Long Term Bank Facilities of Rs. 20.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR A (CE)(Assigned)

IVR A1 (CE)(Assigned)
Positive

-
11.12.2020 Finolite Ceramic Long Term Fund Based Facilities – Term Loans of Rs. 8.88 Cr.

Long Term Fund Based Facilities – Cash Credit of Rs. 5.00 Cr.

Short Term Non-Fund based facilities - Bank Guarantee of Rs. 3.71 Cr.
IVR B-

IVR B-

IVR A4
Stable

Stable

-
11.12.2020 Mahadev Yarns Private Limited Long Term Fund Based Facilities – Term Loan of Rs. 4.14 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 11.36 Cr. (including proposed limit of Rs. 0.36 crore)

Short Term Bank Facilities – Bank Guarantee of Rs. 0.50 Cr.
IVR B (ISSUER NOT COOPERATING)

IVR B (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
-


-


-
10.12.2020 Mohit Ispat Private Limited Long Term Bank Facilities of Rs. 27.45 Cr.

Short Term Bank Facilities of Rs. 12.00 Cr.
IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
10.12.2020 Premier Cables & Conductors Private Limited Long Term Bank Facilities - Cash Credit of Rs. 7.00 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 18.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

-
09.12.2020 Chanderpur Works Private Limited Bank Facilities - Long Term of Rs. 30.88 Cr.

Bank Facilities - Short Term of Rs. 21.00 Cr.

Proposed Bank Facilities - Long term of Rs. 1.12 Cr.
IVR BBB-

IVR A3

IVR BBB-
Stable

-

Stable
09.12.2020 Nightingale Finvest Private Limited (NFPL) Long Term bank Facilities - Outstanding Term Loans of Rs. 83.75 Cr. (Reduced from INR 101.65 Cr.)

Proposed Long Term Bank Facility – Term Loan of Rs. 1.25 Cr.
IVR BB+ (Reaffirmed)

IVR BB+ (Assigned)
Stable

Stable
08.12.2020 Nandhana Hotels Private Limited Long Term Bank Facilities of Rs. 16.84 Cr.

Short term Bank Facilities of Rs. 2.50 Cr.
IVR BB+ (Reaffirmed and withdrawn)

IVR A4+ (Reaffirmed and withdrawn)
Stable

Stable
08.12.2020 Nandhana Foods Private Limited Long Term Bank Facilities of Rs. 54.87 Cr. IVR BB+ (Reaffirmed and withdrawn) Stable
08.12.2020 Castor Girnar Industries Private Limited Long Term/ Short Term Fund based facilities - PSCFC$ of Rs. 26.00 Cr.

Long Term/ Short Term Fund based facilities - EPC* of Rs. 26.00 Cr.

Long Term/ Short Term Fund based facilities - CC* of Rs. 15.00 Cr.

Long Term/ Short Term Fund based facilities - FCDL* of Rs. 6.00 Cr.

Long Term/ Short Term Fund based facilities - SBD* of Rs. 5.00 Cr.
IVR A3 (Assigned)

IVR A3 (Assigned)

IVR BBB- (Assigned)

IVR A3 (Assigned)

IVR A3 (Assigned)
-

-

Stable

-

-
08.12.2020 Dodhia Chem-Tex Private Limited Long Term Fund based facilities - Term Loans of Rs. 15.37 Cr.

Long Term Fund based facilities - Cash Credit of Rs. 5.00 Cr.

Short Term Non-Fund based facilities – Letter of Credit of Rs. 2.00 Cr.

Short Term Non- Fund based facilities - Bank Guarantee of Rs. 1.00 Cr.
IVR BBB- (CE)

IVR BBB- (CE)

IVR A3 (CE)

IVR A3 (CE)
Credit watch with developing implications
Credit watch with developing implications
Credit watch with developing implications
Credit watch with developing implications
08.12.2020 Nav Durga Fuel Private Limited Long Term Bank Facilities of Rs. 55.00 Cr.

Short Term Bank Facilities of Rs. 8.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Credit watch with developing implications

Credit watch with developing implications
08.12.2020 Civet Projects Private Limited Long Term Bank Facilities of Rs. 6.66 Cr. IVR BB (Assigned) Stable
07.12.2020 Bihar Foundry and Castings Ltd Long Term Bank Facilities - Cash Credit of Rs. 53.98 Cr.

Long Term Bank Facilities - Term Loan of Rs. 55.44 Cr. (reduced from Rs.61.36 crore)

Short Term Bank Facilities of Rs. 24.55 Cr. (including proposed limits of Rs. 17.00 crore)
IVR BB+ (Reaffirmed and Withdrawn)

IVR BB+ (Reaffirmed and Withdrawn)

IVR A4+ (Reaffirmed and Withdrawn)
Stable


Stable


-
04.12.2020 Mittal Pigments Private Limited Long Term Bank Facilities of Rs. 35.00 Cr.

Short Term Bank Facilities of Rs. 18.00 Cr.
IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
04.12.2020 Aastha Spintex Private Limited Long Term Bank Facilities of Rs. 46.91 Cr.

Long Term/Short Term Bank Facilities of Rs. 6.75 Cr.
IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
03.12.2020 Anand Engineering Products Private Limited (AEPPL) Long Term Bank Facilities of Rs. 23.1 Cr.

Proposed Long Term Bank Facilities of Rs. 65.9 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
03.12.2020 Omkara Assets Reconstruction Private Limited (OARPL) Proposed Fund Based Working Capital Facilities – Cash Credit of Rs. 50.00 Cr.(Reduced from 150.00)

Proposed NCDs of Rs. 100.00 Cr.(Reclassified from Proposed Cash Credit)
IVR A- (Revised)

IVR A- (Assigned)
Stable

Stable
03.12.2020 Genuine Agro Spices Long Term Bank Facilities of Rs. 10.00 Cr. IVR BB+ (Assigned) Stable
03.12.2020 Genuine Spices Short Term Bank Facilities of Rs. 7.30 Cr. IVR A4+ (Assigned) -
03.12.2020 Immaculate Agro Spices Private Limited Short Term Bank Facilities of Rs. 2.85 Cr. IVR A4+ (Assigned) -
03.12.2020 Kanjiravelil Traders Long Term Bank Facilities of Rs. 44.70 Cr.

Short Term Bank Facilities of Rs. 2.50 Cr.
IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
03.12.2020 FORTUNE GROUP Long Term Bank Facilities of Rs. 11.00 Cr.(enhanced from 9.00 crore)

Short Term Bank Facilities of Rs. 15.00 Cr.(reduced from Rs. 17.00 crore)
IVR BBB- (Revised)

IVR A3 (Revised)
Stable

-
03.12.2020 Karmyogi Kundalikrao Ramrao Jagtap Patil Kukadi Sahakari Sakhar Karkhana Ltd Long Term Fund Based Facility – Term Loan of Rs. 20.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 28.15 Cr.
IVR B- (Assigned)

IVR B- (Reaffirmed)
Stable

Stable
03.12.2020 Prafful Overseas Private Limited (POPL) Long Term Fund Based Facilities – Term Loan of Rs. 31.76 Cr. (Reduced from Rs.34.58 Crore)

Long Term Fund Based Facilities – Cash Credit of Rs. 45.30 Cr.

Short Term Non Fund Based Facilities - Bank Guarantee of Rs. 6.50 Cr.

Short Term Non Fund Based Facilities - Letter of Credit of Rs. 70.00 Cr.

Proposed long term fund based Facilities of Rs. 2.82 Cr.
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)

IVR A4+ (Reaffirmed)

IVR BB+ (Assigned)
Stable

Stable

-

-

Stable
03.12.2020 DLF Brands Private Limited Long Term Bank Facilities of Rs. 20.00 Cr. IVR BBB (CE)(Assigned) Stable
03.12.2020 T. R. Chemicals Ltd Long Term Facility – Fund Based - Cash Credit of Rs. 9.00 Cr.

Long Term Facility – Fund Based – Term Loan of Rs. 7.08 Cr.

Short Term Facility – Non Fund Based - Bank Guarantee / Letter of Credit* of Rs. 1.00 Cr.
IVR B (ISSUER NOT COOPERATING)

IVR B (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
-

-

-
03.12.2020 Nuance Jewel Private Limited Long Term/Short Term Bank Facilities of Rs. 29.50 Cr.

Short Term Bank Facilities of Rs. 2.00 Cr.
IVR BB+(Assigned)/ IVR A4+(Assigned)

IVR A4+ (Assigned)
Stable/-

-
02.12.2020 Santpuria Alloys Private Limited Long Term Fund Based Bank Facilities of Rs. 14.50 Cr.

Short Term Non-Fund Based Bank Facilities of Rs. 8.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

Stable
02.12.2020 Vijay Suraksha Realty LLP Long Term Fund Based Limits – Term Loan of Rs. 490.00 Cr.

Long Term Fund Based Limits – Overdraft of Rs. 60.00 Cr.
IVR BB+ (INC)(ISSUER NOT COOPERATING)

IVR BB+ (INC)(ISSUER NOT COOPERATING)
Stable

Stable
02.12.2020 Sonasati Organics Pvt Ltd Long Term Bank Facilities of Rs. 56.85 Cr. (Increased from Rs. 46.87 crore)

Short Term Bank Facilities of Rs. 4.90 Cr.
IVR BBB- (CE)(Revised)

IVR A3 (CE)(Revised)
Stable

-
01.12.2020 Ario Infrastructure Private Limited Long Term Bank Facilities of Rs. 4.00 Cr. (reduced from 10.00 crore)

Long Term/Short Term Bank Facilities of Rs. 20.00 Cr. (enhanced from Rs. 18.00 crore)
IVR B (Downgraded)

IVR B (Downgraded)/ IVR A4 (Downgraded)
Stable


Stable
01.12.2020 Alkameyst Life Private Limited Not Applicable IVR A- [Is] (Assigned) Stable
01.12.2020 Sree Durga Fibre Products Pvt Ltd Long Term Bank Facility- Cash Credit* of Rs. 10.00 Cr. (enhanced from 9.00)

Short Term Bank Facility- Bank Guarantee of Rs. 1.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

-
01.12.2020 Fabworth Promoters Pvt Ltd Long Term Bank facilities of Rs. 565.00 Cr. IVR BB (ISSUER NOT COOPERATING) -
01.12.2020 Anindita Steels Limited Long Term Bank Facilities - Cash Credit of Rs. 25.00 Cr.

Long Term Bank Facilities – Cash Credit (Proposed) of Rs. 1.68 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 1.60 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 2.32 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
-


-


-


-
28.11.2020 Primeco Realty Private Limited Proposed Term Loan (LRD Facility) of Rs. 200.00 Cr. IVR BBB- (Withdrawn) Stable
28.11.2020 Syntex Trading and Agency Pvt Ltd (STAPL) Long Term Facility - Fund Based – Term Loan of Rs. 374.20 Cr. (reduced from INR 463.29 crore) IVR B (Revised) Credit Watch with Negative Implications
28.11.2020 Mid India Creations LLP [MICLLP] Long Term Facility – Fund Based – Term Loan of Rs. 70.00 Cr.

Short Term Facility Fund Based – Over draft of Rs. 5.00 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
27.11.2020 IDL Explosives Limited [IDL] Long Term Fund based – Cash Credit of Rs. 10.00 Cr.

Short Term Non-Fund based – Bank Guarantee/ Letter of Credit/ CEL limit of Rs.184.40 Cr.
IVR A (Reaffirmed)

IVR A1 (Reaffirmed)
Credit Watch with Developing Implications

Credit Watch with Developing Implications
27.11.2020 GOCL Corporation Limited [GOCL] Long Term Fund based – Cash Credit of Rs. 20.00 Cr.

Short Term Non-Fund based – Bank Guarantee/ Letter of Credit of Rs. 85.00 Cr.

Long Term Non-Fund based – Stand-by Letter of Credit of Rs. 1120.23 Cr.
IVR A (Reaffirmed)

IVR A1 (Reaffirmed)

IVR A (Assigned)
Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications
27.11.2020 Earth Minerals Company Limited Long Term Bank Facilities of Rs. 20.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR A (CE)(Assigned)

IVR A1 (CE)(Assigned)
Positive

-
27.11.2020 Golden Tower Infratech Private Limited Proposed Non- Convertible Debenture (NCD) of Rs. 123.00 Cr. IVR BB (Assigned) Stable
26.11.2020 Chandan Steel Limited (CSL) Long Term Fund Based Facilities - Term Loans of Rs. 45.85 Cr. (reduced from Rs. 47.10 crore)

Long Term Fund Based Facilities - Cash Credit of Rs. 7.00 Cr.
Short Term Fund Based Limits of Rs. 148.00 Cr. (Increased from INR 147.40 Crore)

Short Term Non-Fund Based Limits of Rs. 280.00 Cr.
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)

IVR A2 (Reaffirmed)
Stable

Stable

-

-
26.11.2020 Hind Energy and Coal Benefication (India) Limited Long Term Bank Facility of Rs. 20.00 Cr. IVR A (Assigned) Positive
26.11.2020 Comet Granito Private Limited Long Term Bank Facilities of Rs. 26.18 Cr.

Short Term Bank Facilities of Rs. 65.33 Cr.
IVR BBB- (Assigned)

IVR A3 (Assigned)
Stable

-
26.11.2020 Vasupujya Filaments Long Term Fund based facilities - Cash Credit of Rs. 18.75 Cr.

Long Term Fund based facilities ? Term Loans of Rs. 11.52 Cr.

Long Term Fund based facilities ? Proposed Term Loans of Rs. 4.20 Cr.

Short Term Non- Fund based facilities ? Bank Guarantee of Rs. 2.60 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR A3
Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications
26.11.2020 Dodhia Synthetics Limited Long Term Fund based facilities - Term Loans of Rs. 142.75 Cr.

Long Term Fund based facilities ? Cash Credit of Rs. 27.95 Cr.

Short Term Fund based facilities - Packing credit / Post shipment credit / PSL / PSCFC / FBD / FBP / FBN of Rs. 87.50 Cr.

Short Term Non- Fund based facilities ? Bank Guarantee of Rs. 3.65 Cr.
IVR BBB-

IVR BBB-

IVR A3

IVR A3
Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications
26.11.2020 Rupa Renaissance Limited Long Term Fund based facilities - Term Loans of Rs. 300.00 Cr. IVR BBB- (Assigned) Stable
25.11.2020 Impact Sare Magnum Townships Private Limited Long Term Fund Based Facilities - Cash Credit of Rs. 18.50 Cr. (reduced from Rs. 20.00 crore)

Short Term Bank Facilities – Bank Guarantee of Rs. 1.38 Cr. (reduced from Rs. 2.50 crore)
IVR BB (Reaffirmed)

IVR A4 (Reaffirmed)
Stable

-
25.11.2020 Westwell Iron & Steel Private Limited Long Term Bank Facilities – Cash Credit of Rs. 10.00 Cr. (Enhanced from Rs.5.50 crore)

Long Term Bank Facilities – Working capital term loan of Rs. 6.53 Cr. (New Facility)

Short Term Bank Facilities – Bank OD of Rs. 9.35 Cr. (New Facility)

Short Term Bank Facilities Guarantee of Rs. 18.00 Cr. (Reduced from Rs.19.50 crore)
IVR BBB- (Reaffirmed)

IVR BBB- (Assigned)

IVR A3 (Assigned)

IVR A3 (Reaffirmed)
Negative

Negative

-

-
24.11.2020 Mongia Steel Limited Long Term Fund Based Facilities of Rs. 31.00 Cr.

Short Term Non Fund Based Facilities of Rs. 8.00 Cr.
IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)
Stable

-
24.11.2020 ANS Constructions Private Limited (ACPL) Long Term Fund Based Facility – OCC/ODBD/SOD of Rs. 6.00 Cr.

Short Term Non Fund Based Facility – Bank Guarantee of Rs. 30.50 Cr.

Short Term Non Fund Based Facility – (Proposed) Bank Guarantee of Rs. 4.50 Cr.
IVR BB+

IVR A4+

IVR A4+
Stable

-

-
24.11.2020 Eagle Steels Rolling Mills Private Limited (ESRMPL) Long Term Fund Based Facility – Cash Credit of Rs. 39.50 Cr.

Short Term Non Fund Based Facility – ILC/FLC of Rs. 2.50 Cr.
IVR BB

IVR A4
Stable

-
24.11.2020 Sri Rama Educational Trust (SRET) Fund Based Bank Facilities – Proposed Term Loans of Rs. 45.00 Cr.

Fund Based Bank Facilities – Proposed Cash Credit of Rs. 20.00 Cr.
IVR BB+ Stable
24.11.2020 MB Sponge & Power Limited Long Term Bank Facilities of Rs. 11.20 Cr.

Short Term Bank Facilities of Rs. 6.10 Cr.
IVR BB (Issuer Not Cooperating)

IVR A4 (Issuer Not Cooperating)
-

-
24.11.2020 Melzer Chemicals Pvt Ltd Long Term Bank Facility – Fund Based – Term Loan of Rs. 4.86 Cr.

Proposed) Long Term Bank Facility – Fund Based – Term Loan of Rs. 11.45 Cr.

Long Term Facility –Fund Based – Cash Credit of Rs. 13.75 Cr.

(Proposed) Long Term Facility –Fund Based – Cash Credit of Rs. 4.25 Cr.

Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 5.06 Cr.

(Proposed) Short Term Facility – Non Fund Based – Letter of Credit of Rs. 3.94 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Assigned)

IVR BBB- (Reaffirmed)

IVR BBB- (Assigned)

IVR A3 (Reaffirmed)

IVR A3 (Assigned)
Positive

Positive

Positive

Positive

-

-
23.11.2020 Musaddilal Jewellers Private Limited Long Term Fund Based Limits - Cash Credit of Rs. 65.00 Cr. IVR D (ISSUER NOT COOPERATING) -
23.11.2020 Master Business Enterprises Long Term Fund Based Facilities - Cash Credit of Rs. 25.00 Cr.

Short Term Fund Based Facilities - Packing Credit of Rs. 12.00 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
-

-
23.11.2020 Jericho Chemicals LLP Long Term Bank Facilities of Rs. 49.90 Cr. (enhanced from 42.00) IVR BBB- (Reaffirmed) Stable
20.11.2020 Tanvi Foods (India) Ltd. Long Term Bank Facilities of Rs. 24.20 Cr. IVR BB+ (Assigned) Stable
20.11.2020 Artech Realtors Private Limited Long Term Bank Facilities - Term Loan of Rs. 88.44 Cr. (Increased from Rs.70.50 crore)

Long Term Bank Facilities - Cash Credit of Rs. 10.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Credit watch with developing implications

Credit watch with developing implications
19.11.2020 Bemco Sleepers Limited Long Term Facility – Fund Based – Cash Credit of Rs. 12.50 Cr.

Long Term Facility – Fund Based – Term Loan of Rs. 1.61 Cr.

Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 5.00 Cr.

Short Term Facility – Non Fund Based – Letter of Credit (Proposed) of Rs. 1.11 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

-

-
19.11.2020 Kinjal Civilcon LLP Long Term Facility – Fund Based – Cash Credit of Rs. 25.00 Cr.

Long Term Facility – Fund Based – Term Loan of Rs. 60.90 Cr.

Long Term Facility – Non Fund Based – Bank Guarantee of Rs. 43.60 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR BB- (ISSUER NOT COOPERATING)

IVR BB- (ISSUER NOT COOPERATING)
Stable

Stable

Stable
19.11.2020 India Land Infrastructure Development Private Limited [ILIDPL] Long term Loan - LRD facility of Rs. 35.00 Cr. IVR AA- (Assigned) Stable
19.11.2020 GS Auto International Ltd Long Term Bank Facilities of Rs. 32.25 Cr. (reduced from Rs. 51.25)

Short Term Bank Facilities of Rs. 5.50 Cr. (reduced from Rs. 11.50)
IVR B+ (Reaffirmed)

IVR A4 (Reaffirmed)
Stable

-
19.11.2020 Rajasthan Liquors Limited Long Term Bank Facilities - Fund Based – Cash Credit of Rs. 110.00 Cr. (enhanced from INR 90.00 Cr)

Long Term Bank Facilities - Fund Based - Term Loan of Rs. 14.00 Cr.

Short Term Bank Facilities - No Fund Based - Bank Guarantee of Rs. 0.50 Cr.

Long term Bank Facilities – Fund Based – CCECL of Rs. 11.00 Cr.

Proposed Long term Bank Facilities – Fund Based – Term Loan of Rs. 25.00 Cr.
IVR A- (Reaffirmed)

IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)

IVR A- (Assigned)

IVR A- (Assigned)
Stable

Stable

-

Stable

Stable
19.11.2020 Raigarh Ispat & Power Private Limited Long Term Bank Facilities - Term Loan of Rs. 47.50 Cr.

Long Term Bank Facilities - Cash Credit of Rs. 28.50 Cr.

Short Term Bank Facilities - Bank Guarantee of Rs. 2.00 Cr.
IVR BBB (Assigned)

IVR BBB (Assigned)

IVR A3+ (Assigned)
Stable

Stable

-
18.11.2020 JSR Infra Developers Pvt Ltd Long Term Bank Facility - Fund Based - Term loan of Rs. 21.52 Cr. (reduced from INR 25.00 Cr.)

Long Term/Short Term Bank Facilities- Bank Guarantee of Rs.156.10 Cr.

Proposed Long Term/Short Term Facilities - Bank Guarantee of Rs. 78.90 Cr.
IVR BBB (Revised)

IVR BBB (Revised)/ IVR A3+ (Revised)

IVR BBB (Revised)/ IVR A3+ (Revised)
Stable

Stable/-

Stable/-
18.11.2020 Agrawal Global Infratech Private Limited Long Term Fund Based Facilities – Cash Credit of Rs. 06.00 Cr.(enhanced from Rs. 2.50 crore)

Long Term Non Fund Based Facilities- Bank Guarantee of Rs. 20.00 Cr. (enhanced from Rs. 18.50 crore)

Short Term Bank Facilities – Bank Guarantee of Rs. 09.00 Cr. (enhanced from Rs. 5.00 crore)
IVR BBB- (Revised)

IVR BBB- (Revised)

IVR A3 (Revised)
Stable

Stable

-
18.11.2020 Salasar Plywood Private Limited (SPPL) Long Term Fund Based Facility - Cash Credit of Rs. 0.50 Cr.

Short Term Non-Fund Based Facility – Import Letter of Credit of Rs. 8.00 Cr.
IVR BB+ (Withdrawn)

IVR A4 (Withdrawn)
Stable

-
18.11.2020 Purbanchal Veneers (PV) Long Term Fund Based Facility - Cash Credit of Rs. 0.80 Cr.

Short Term Non- Fund Based Facility – Inland/Import LC cum Buyer’s Credit of Rs. 10.00 Cr.
IVR BB+ (Withdrawn)

IVR A4+ (Withdrawn)
Stable

-
18.11.2020 ArMee Infotech Private Limited (AIPL) Long Term Fund Based Facilities – Cash Credit of Rs. 07.00 Cr.

Short Term Non Fund Based Facilities- Bank Guarantee of Rs. 10.00 Cr.

Short term Non Fund Based Facilities – Letter of Credit of Rs. 01.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3(Reaffirmed)

IVR A3 (Reaffirmed)
Credit watch with developing implications

-

-
18.11.2020 Windeson Trademart Private Limited Long Term/Short Term Bank Facilities of Rs. 12.00 Cr. IVR BB+ (Assigned)

IVR A4+ (Assigned)
Stable

-
10.11.2020 Subaya Constructions Company Limited Bank Facilities- Long Term of Rs. 25.00 Cr. (Enhanced from 18 crore)

Bank Facilities- Short Term of Rs. 93.50 Cr. (Enhanced from 65.50)
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-
17.11.2020 Montage Enterprises Private Limited Long-Term Bank Facility of Rs. 248.05 Cr.

Short-Term Bank Facility of Rs. 110.00 Cr.
IVR BBB-

IVR A3
Stable

-
17.11.2020 Nipman Fastener Industries Private Limited Long-Term Bank Facilities of Rs. 120.00 Cr. IVR B+ -
17.11.2020 Swastik Pipe Limited Long-Term Bank Facility - Cash Credit of Rs. 118.00 Cr.

Long-Term Bank Facility- Term Loan of Rs. 12.00 Cr.(including proposed term loan of Rs. 8.50 Crore)

Short Term Bank Facility - LC/BG of Rs. 70.00 Cr.
IVR BB (Issuer Not Cooperating)

IVR BB (Issuer Not Cooperating)

IVR A4 (Issuer Not Cooperating)
-

-

-
16.11.2020 Rudra Aerospace & Defence Private Limited Long-Term Bank Facility - Term Loan (Proposed) of Rs. 10.00 Cr.

Long-Term Bank Facility- Cash Credit (Proposed) of Rs. 5.00 Cr.
IVR BBB- (CE)(Withdrawn)

IVR BBB- (CE)(Withdrawn)
Stable

Stable
13.11.2020 Indiabulls Real Estate Limited (IBREL) Zero Term Loan (Reduced from 215.95)

Proposed Term Loan of Rs. 224.05 Cr. (Reduced from 274.05)

NCDs of Rs. 270.00 Cr. (Reduced from 510.00)

Proposed NCDs of Rs. 50.00 Cr. (Reclassified from Proposed Term Loan)

NCDs of Rs. 225.00 Cr.

Commercial Paper of Rs. 1500.00 Cr.
Withdrawn

IVR AA- (Reaffirmed)

IVR AA- (Reaffirmed)

IVR AA- (Assigned)

IVR AA (Reaffirmed)

IVR A1+ (Reaffirmed)
Withdrawn

Stable

Stable

Stable

Stable

-

13.11.2020 Zuari Finserv Limited (ZFL) Proposed Non-Convertible Debentures of Rs. 20.00 Cr. Provisional IVR BBB+ (CE) Stable
13.11.2020 Kalamboli Structurals and Roofings Private Limited [KSRPL] Proposed Term Loan(LRD Facility) of Rs. 60.00 Cr. Provisional IVR BBB- Stable
12.11.2020 MFAR Constructions Private Limited (MCPL) Long Term Fund Based Facilities – Cash Credit of Rs. 72.00 Cr.

Long Term Non Fund Based Facilities- Bank Guarantee of Rs. 41.00 Cr.

Short term Non Fund Based Facilities – Bank Guarantee/Letter of Credit of Rs. 83.00 Cr.

Short term Non Fund Based Facilities – (Proposed) Bank Guarantee of Rs. 20.00 Cr.
IVR BBB (Reaffirmed)

IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)

IVR A3+
Positive

Positive

-

-
12.11.2020 Melzer Chemicals Pvt Ltd Long Term Bank Facility – Fund Based – Term Loan of Rs. 4.86 Cr. (reduced from 8.42 crore)

Long Term Facility –Fund Based – Cash Credit of Rs. 13.75 Cr.

Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 5.06 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Positive

Positive

-
12.11.2020 Patel Engineering Limited (PEL) Cash Credit - Long Term Fund Based Facility of Rs. 1072.55 Cr.

Working Capital Term Loan - Long Term Fund Based Facility of Rs. 148.20. Cr.

OCD - Long Term Fund Based Facility of Rs. 482.32 Cr.

Term Loan (COVID-19 Sanction)-Long Term Fund Based Facility of Rs. 21.09 Cr.

STL - Short Term Fund Based Facility of Rs. 46.10 Cr.

LCs/BGs - Short Term Non Fund Based Facilities of Rs. 4250.43 Cr.
IVR BBB (Reaffirmed)

IVR BBB (Reaffirmed)

IVR BBB (Reaffirmed)

IVR BBB

IVR A3+ (Reaffirmed)

IVR A3+ (Reaffirmed)
Credit watch with developing implications

Credit watch with developing implications

Credit watch with developing implications

Credit watch with developing implications

-

-

12.11.2020 K. D. Liquor & Fertilizer Pvt. Ltd. Bank Facilities- Long Term of Rs. 25.73 Cr. (Enhanced from 21.73 crore)

Bank Facilities- Short Term of Rs. 13.50 Cr. (Enhanced from 1.50)
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable
03.11.2020 RKSK Steel India Private Limited Bank Facilities- Long Term of Rs. 25.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) -
10.11.2020 Pioneer Investcorp Limited (PINC) Proposed Non-Convertible Debentures of Rs. 25.00 Cr. Provisional IVR AA+ (CE) Stable
10.11.2020 Sattva Engineering Construction Pvt Ltd Long Term Facility – Fund Based – Cash Credit of Rs. 17.00 Cr.

Long Term Bank Facilities – Non Fund Based – Bank Guarantee of Rs. 27.50 Cr.

(Proposed) Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 0.50 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

-
10.11.2020 Medica Hospitals Pvt Limited Long Term Bank Facilities of Rs. 37.40 Cr. (enhanced from 15.00) IVR BBB (Reaffirmed) Stable
09.11.2020 Dayana Polyplast Private Limited Long Term Facilities - Fund Based Limits - Term Loans of Rs. 18.14 Cr.

Long Term Facilities - Fund Based Limits - Cash Credit of Rs. 12.00 Cr.

Short Term Facilities - Non fund-Based Limits - Letter of Credit of Rs. 1.50 Cr.
IVR BB-

IVR BB-

IVR A4
Stable

Stable

-
06.11.2020 United Facilities and Logistics Private Limited Bank Facilities- Long Term of Rs. 3.50 Cr.

Bank Facilities- Long Term /Short Term (Proposed) of Rs. 10.50 Cr.
IVR BB+

IVR BB+
Stable

Stable
06.11.2020 Curo India Private Limited Long term Bank Facilities of Rs. 12.25 Cr. IVR B+ (ISSUER NOT CO-OPERATING) Stable
05.11.2020 Priti Construction (PC) Short Term Bank Facilities of Rs. 15.00 Cr. IVR A4+ -
05.11.2020 Speco Infrastructure (SI) Long Term Bank Facilities of Rs. 3.00 Cr.

Short Term Bank Facilities of Rs. 20.00 Cr.
IVR BB+

IVR A4+
Stable

-
05.11.2020 Shah & Parikh (S&P) Long Term Bank Facilities of Rs. 3.00 Cr.

Short Term Bank Facilities of Rs. 42.00 Cr.
IVR BB+

IVR A4+
Stable

-
05.11.2020 RPS Infraprojects Pvt Ltd (RIPL) Long Term Bank Facilities of Rs. 12.00 Cr.

Short Term Bank Facilities of Rs. 172.00 Cr.
IVR BB+

IVR A4+
Stable

-
05.11.2020 Sarna Chemicals Private Limited [SCPL] Long Term Fund Based Facility – Term Loan of Rs. 0.30 Cr. outstanding (Reduced from INR4.06 Cr.)

Long Term Fund Based Facility –Cash Credit of Rs. 3.50 Cr.

Short term Fund Based Facility – EPC/PCFC of Rs. 9.50 Cr.

Short Term Non Fund Based Facility –Letter of Credit / Bank Guarantee of Rs. 5.00 Cr.
IVR BBB+

IVR BBB+

IVR A2

IVR A2
Positive

Positive

-

-
05.11.2020 Sparsh Hospitals & Critical Care Private Limited Long Term Bank Facilities – Term Loan of Rs. 5.12 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 6.35 Cr.
IVR BB+

IVR BB+
Stable

Stable
05.11.2020 Garden Court Distilleries Private Limited (GCDPL) Long Term & Short Term Bank Facilities of Rs. 100.00 Cr. IVR BBB- / IVR A3 Stable / -
04.11.2020 Patel Agri Industries Pvt Ltd Long term Bank Facilities of Rs. 41.46 Cr. IVR BBB- (Reaffirmed) Stable
04.11.2020 Udit Baihar Lamta Private Limited (UBLPL) Proposed Long Term Bank Facility – Proposed Term Loan of Rs. 6.35 Cr.

Proposed Short Term Bank Facility – Proposed Bank Guarantee of Rs. 9.19 Cr.
IVR BBB (CE)

IVR A3+ (CE)
Stable

-
04.11.2020 Bihar Foundry and Castings Ltd Long Term Bank Facilities-Cash Credit of Rs. 53.98 Cr.

Long Term Bank Facilities -Term Loan of Rs. 55.44 Cr. (reduced from Rs.61.36 crore)

Short Term Bank Facilities of Rs. 24.55 Cr. (including proposed limits of Rs. 17.00 crore)
IVR BB+ (Revised)

IVR BB+ (Revised)

IVR A4+ (Revised)
Stable

Stable

-
04.11.2020 Beohari Bansukli Pathways Private Limited (BBPPL) Proposed Long Term Bank Facility – Proposed Term Loan of Rs.20.16 Cr.

Proposed Short Term Bank Facility – Bank Guarantee of Rs. 18.20 Cr.
IVR BBB (CE)

IVR A3+ (CE)
Stable

-
03.11.2020 Nagreeka Exports Ltd Long Term Fund Based Facility – Term Loan of Rs. 9.14 Cr.

Long Term Fund Based Facility – CECL of Rs. 15.85 Cr.

Long Term Fund Based Facility – CC of Rs. 52.00 Cr.

Short Term Fund Based Facility – FDB/FBE/BRD/FDBP/FUDBP of Rs. 42.70 Cr.

Short Term Fund Based Facility – PC/PCFC/FBP/FBN of Rs. 85.55 Cr.

Short Term Non Fund Based Facility – Letter of Credit of Rs. 17.58 Cr.

Short Term Non Fund Based Facility – Bank Guaranteeof Rs. 2.50 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR A3

IVR A3

IVR A3

IVR A3
Stable

Stable

Stable

-

-

-

-
03.11.2020 Rama Udyog Private Limited Long Term Bank Facilities of Rs. 25.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) -
03.11.2020 Rama Power and Steel Private Limited Long Term Bank Facilities of Rs. 20.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) -
03.11.2020 Amba Shakti Industries Limited Long Term Fund Based Bank Facilities-Term loan of Rs. 39.00 Cr.

Long Term Fund Based Bank Facilities- Cash credit of Rs. 25.00 Cr.

Short Term Non-Fund Based Bank Facilities- LC/BG of Rs. 15.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

Stable

-
03.11.2020 NV International Private Limited Long Term Bank Facilities – Fund Based of Rs. 91.00 Cr.

Short Term Bank Facilities- Non-Fund Based of Rs. 5.00 Cr.
IVR BBB-

IVR A3
Credit Watch with Negative Implications

Credit Watch with Negative Implications
03.11.2020 NV Distilleries Private Limited Long Term Bank Facilities – Fund Based of Rs. 60.00 Cr. IVR BBB- Credit Watch with Negative Implications
03.11.2020 NV Distilleries & Breweries Private Limited Long Term Bank Facilities – Fund Based of Rs.192.76 Cr.

Short Term Bank Facilities- Fund Based (Proposed)of Rs. 50.00 Cr.

Short Term Bank Facilities- Non-Fund Based of Rs. 1.75 Cr.
IVR BBB-

IVR A3

IVR A3
Credit Watch with Negative Implications

Credit Watch with Negative Implications

Credit Watch with Negative Implications
03.11.2020 Nandi Cotton Ginning Mill Pvt. Ltd. Fund Based Bank Facility – Term Loans of Rs. 0.54 Cr.

Fund Based Bank Facility – Cash Credit of Rs. 20.00 Cr.

Non Fund Based Bank Facility – LC of Rs. 4.00 Cr.

Non Fund Based Bank Facility – Proposed LC of Rs. 0.46 Cr.
IVR BB

IVR A4

IVR A4

IVR A4
Stable

-

-

-
03.11.2020 Krushi Infras India Private Limited (KIIPL) Long Term Bank Facilities of Rs. 17.00 Cr.

Short Term Bank Facilities of Rs. 33.00 Cr.

(Proposed) Long Term Bank Facilities of Rs. 5.00 Cr.

(Proposed) Short Term Bank Facilities of Rs. 45.00 Cr.
IVR BB+

IVR A4+

IVR BB+
Credit Watch with Developing Implications

-

Credit Watch with Developing Implications

-
03.11.2020 G.H. Raisoni Educational and Medical Foundation NLong Term Bank Facilities of Rs. 13.00 Cr. (reduced from Rs. 14.00 crore) IVR BB (Reaffirmed) Stable
02.11.2020 Mahalaxmi Continental Ltd Long Term Bank Facilities of Rs. 10.00 Cr.

Short Term Bank Facilities of Rs. 63.00 Cr.
IVR BB+ (Withdrawn)

IVR A4+ (Withdrawn)
Stable

-
02.11.2020 Syntex Trading and Agency Pvt Ltd (STAPL) Not Applicable Recent Update Not Applicable
02.11.2020 MCGN Infra Private Limited Long Term Bank Facilities – (Proposed) of Rs. 70.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) -
02.11.2020 Anand Carbo Limited Long Term Bank Facilities – Cash Credit of Rs. 18.00 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 5.00 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 54.00 Cr.
IVR BBB+ (Reaffirmed)

IVR A3+ (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

-

-
31.10.2020 Gulf Petrochem India Pvt Ltd Long Term Bank Facilities of Rs. 114.00 Cr. IVR BB (Revised) Stable
30.10.2020 Raxa Security Services Limited [RSSL] Long Term Fund based facilities Term Loan of Rs. 202.50 Cr.

Long Term Fund based facilities Cash Credit of Rs. 5.00 Cr.

Short Term Non-Fund based facilities Letter of Credit of Rs. 5.00 Cr.
IVR BBB- (CE)(Assigned)

IVR BBB- (CE)(Assigned)

IVR A3(CE)(Assigned)
Stable

Stable

-
30.10.2020 Karmyogi Kundalikrao Ramrao Jagtap Patil Kukadi Sahakari Sakhar Long Term Facility – Fund Based – Cash Credit of Rs. 28.15 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 37.65 Cr.
IVR B- (Re-affirmed )

- (Withdrawn)
Stable

-
29.10.2020 Phoenix International Limited Long Term Bank Facilities- LRD of Rs. 124.00 Cr. IVR BBB- Stable
29.10.2020 TLG Agro Traders Private Limited Long Term Bank Facilities of Rs.25.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BB+

IVR A4+
Stable

-
29.10.2020 Tera Software Limited [TSL] Long Term Fund Based Facilities – Cash Credit of Rs.43.00 Cr.

Long Term Non- Fund Based Facilities – Bank Guarantee of Rs.109.14 Cr. (Reduced from INR133.13 Crore)

Long Term Fund Based Facilities- Working Capital Demand Loan/working capital (under COVID-19) of Rs. 4.30 Cr.

Proposed Long Term Non- Fund Based Facilities – Bank Guarantee of Rs. 1.56 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR BBB-

IVR BBB-
Stable

Stable

Stable

Stable
28.10.2020 Acute retail Infra Private Ltd.[ARIPL] Not Applicable Recent Update Not Applicable
28.10.2020 Zircon Technologies (India) Limited Long Term Bank Facilities- Term Loan of Rs. 25.50 Cr.

Long Term Fund Based Facilities of Rs. 20.00 Cr.
IVR BBB

IVR BBB
Stable

Stable
28.10.2020 Mash Agro Foods Limited Long Term Fund Based Facility – CC / EPC / FBP/ PCFC / EBR / CC ECL / CEL of Rs.84.00 Cr.

Long Term Fund Based Facility – Term Loans of Rs. 13.50 Cr.

Short Term Fund Based Facility – OD / EPC / FBP/ PCFC / EBR / CEL of Rs. 38.50 Cr.
IVR A-

IVR A-

IVR A2+
Stable

Stable

-
28.10.2020 Jain Engineering Works Long Term Facility – Non Fund Based – Bank Guarantee of Rs. 15.00 Cr. IVR BB- (ISSUER NOT COOPERATING) Stable
27.10.2020 Jewel Crown LLP Bank Facilities- Long Term of Rs. 25.00 Cr. IVR BBB- (CE) Stable
27.10.2020 AVG Logistics Limited Long Term Bank Facilities – Fund Based of Rs.51.50 Cr.

Short Term Bank Facilities – Non Fund Based of Rs.10.00 Cr.

Long Term Bank Facilities – Fund Based - Proposed of Rs.10.00 Cr.
IVR BBB-

IVR A3

IVR BBB-
Credit watch with developing implications

Credit watch with developing implications

Credit watch with developing implications
26.10.2020 Bliss GVS Pharma Limited (Bliss GVS) Long Term Bank Facilities – Term Loan of Rs.60.00 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 10.00 Cr.

Short Term Bank Facilities – Bill Discounting of Rs. 40.00 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 15.00 Cr.
IVR BBB-

IVR BBB-

IVR A3

IVR A3
Stable

Stable

-

-
26.10.2020 Logix Buildtech Private Limited Proposed NCD of Rs. 199.00 Cr. IVR B+ Stable
26.10.2020 Indus Sor Urja Private Limited Long Term Bank Facilities of Rs. 19.93 Cr. IVR BB+ Stable
23.10.2020 Ishan Netsol Private Limited (INPL) Fund Based Bank Facilities – Overdraft of Rs.0.75 Cr.

Proposed Fund Based Bank Facilities – Working Capital of Rs. 0.25 Cr.

Non Fund Based Bank Facilities – Bank Guarantee of Rs. 16.25 Cr.

Proposed Non Fund Based Bank Facilities – Bank Guarantee of Rs. 12.75 Cr.
IVR BBB

IVR BBB

IVR A3+

IVR A3+
Stable

Stable

-

-
23.10.2020 Ishan Infotech Limited (IIL) Fund Based Bank Facilities – Working Capital of Rs.4.50 Cr.

Proposed Fund Based Bank Facilities – Working Capital of Rs. 0.50 Cr.

Non Fund Based Bank Facilities – Bank Guarantee of Rs. 28.30 Cr.

Proposed Non Fund Based Bank Facilities – Bank Guarantee of Rs. 26.70 Cr.
IVR BBB

IVR BBB

IVR A3+

IVR A3+
Stable

Stable

-

-
23.10.2020 Vikas Multicorp Limited Long Term Fund Based Bank Facilities of Rs.37.00 Cr.

Short Term Non-Fund Based Bank Facilities of Rs. 14.70 Cr.
IVR BB+ (Revised)

IVR A4+ (Revised)
Under Credit watch with negative implications

-
23.10.2020 Medica Hospitals Private Limited Long Term Bank Facility of Rs. 15.00 Cr. IVR BBB Stable
23.10.2020 Fabworth Promoters Pvt Ltd Long Term Bank Facilities of Rs. 565.0 Cr. IVR BB+ Negative
22.10.2020 Ajit Kumar Swain Long Term Bank Facilities of Rs.11.00 Cr.

Short Term Bank Facilities of Rs. 15.00 Cr.
IVR BBB-

IVR A3
Stable

-
22.10.2020 M S Infraengineers Pvt Ltd Long Term Bank Facilities of Rs.18.75 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BBB-

IVR A3
Stable

-
22.10.2020 Subhlakshmi Finance Private Limited (SFPL) Long Term Fund Based Facilities – Term Loans of Rs. 100.00 Cr. (Includes proposed facilities of INR68.90 Crore) IVR BBB- (Reaffirmed) Stable
22.10.2020 Altico Capital India Limited (ACIL) Non-Convertible Debentures (Proposed)of Rs. 1250.00 Cr. IVR D (Withdrawn) -
22.10.2020 Alstrong Enterprises India Private Limited (AEIPL) Long Term Fund Based Facility – Cash Credit of Rs. 100.00 Cr. (including proposed limit of INR50.00 Crore)

Long Term Non Fund Based Facilities – LC/BG/Buyer’s Credit/Credit Exposure Limit of Rs. 50.00 Cr.
IVR BB+

IVR A4+
Stable

Stable
22.10.2020 Vikas Multicorp Limited Long Term Fund Based Bank Facilities of Rs. 37.00 Cr.

Short Term Non-Fund Based Bank Facilities of Rs. 14.70 Cr.
IVR BB+

IVR A4+
Under Credit watch with negative implications

-
21.10.2020 Kritika Wires Limited Long Term Bank Facilities of Rs. 41.50 Cr.

Short Term Bank Facilities of Rs. 53.60 Cr.
IVR BBB-

IVR A3
Credit Watch with Developing Implications

Credit Watch with Developing Implications
21.10.2020 Gainup Industries India Private Limited Long Term Bank Facilities of Rs. 39.70 Cr.

Short Term Bank Facilities of Rs. 32.10 Cr.
IVR BBB-

IVR A3
Credit Watch with Developing implications

-
20.10.2020 MRMC Foods Private Limited Bank Facilities- Long Term of Rs. 38.45 Cr.

Bank Facilities- Short Term of Rs. 15.00 Cr.

Proposed Bank Facilities-Short Term of Rs. 1.55 Cr.
IVR BB+

IVR A4+

IVR A4+
-

-

-
20.10.2020 Kandoi Transport Limited Long term Bank Facilities of Rs. 56.75 Cr.

Short Term Bank Facilities of Rs. 40.60 Cr.

Long/Short Term Bank Facilities of Rs. 1.00 Cr.

Long Term Bank Facilities – Proposed of Rs. 1.65 Cr.
IVR BB+

IVR A4

IVR BB+ / IVR A4

IVR BB+
Stable

-

Stable / -

-
20.10.2020 Oplus Casting Private Limited Long-Term Bank Facility -Term Loan (Proposed) of Rs. 8.00 Cr.

Long-Term Bank Facility-Cash Credit (Proposed) of Rs. 2.00 Cr.
Provisional IVR BBB- (CE) (Withdrawn)

Provisional IVR BBB- (CE) (Withdrawn)
Stable

Stable
20.10.2020 Kotak Petroleum LLP Long Term Fund Based Facilities of Rs. 20.00 Cr.

Short Term Fund Based Facilities of Rs.43.00 Cr. <

Short Term Non-Fund Based Facilities of Rs. 30.00 Cr.
IVR BBB+

IVR A2

IVR A2
Stable

-

-
20.10.2020 Shree Banke Bihari Ispat Private Limited (SBBIPL) Long Term Fund Based Facility- Cash Credit of Rs. 9.5 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 5.39 Cr.
IVR BB+

IVR BB+
Stable

Stable
20.10.2020 MGM Castings Private Limited Fund Based Bank Facility – Term Loans of Rs. 48.00 Cr. (Includes proposed limit of 12 Cr) IVR B Stable
19.10.2020 Lahari Laminates Private Limited Long Term Bank Facilities of Rs. 20.00 Cr. IVR BB (ISSUER NOT COOPERATING) -
19.10.2020 Marda Industries Pvt Ltd. Long Term Bank Facilities of Rs. 12.85 Cr. IVR B+ (ISSUER NOT COOPERATING) -
19.10.2020 Worlds Window Infrastructure & Logistics Pvt. Ltd.[WWILPL] Long Term Fund Based Limits – Term Loan of Rs. 15.40 Cr.

Long Term Fund Based Limits - Cash Credit of Rs. 85.50 Cr. (including proposed limits of Rs. 75.00 crore) <

Short Term Non Fund Based Facilities - LC of Rs. 29.10 (includingproposed limits of Rs. 14.60 Crore)
IVR D

IVR D

IVR D
-

-

-
16.10.2020 Dhara Motor Finance Limited Long Term Bank Facilities of Rs. 60.00 Cr.

Fixed Deposit of Rs. 5.00 Cr.
IVR BBB (Reaffirmed)

IVR FBBB (Reaffirmed)
Stable

Stable
16.10.2020 SCC Builders Private Limited Long term - Bank Facilities of Rs. 150.00 Cr. IVR BB+ Stable
15.10.2020 Kalpataruvu Spinning Mills Pvt Ltd Long Term Bank Facilities- Cash Credit of Rs. 30.00 Cr.

Long Term Bank Facilities-Term Loan of Rs.19.13 Cr.
IVR BB + (Reaffirmed)

IVR BB + (Reaffirmed)
Stable

-
15.10.2020 Ramnik Power & Alloys Private Limited Long Term Facilities – Cash Credit of Rs. 7.00 Cr.

Long Term Facilities – Term Loans(Outstanding) of Rs. 0.20 Cr.

Long Term Facility – UGECL(Union Guaranteed Emergency Line) of Rs. 1.65 Cr.

Long Term Facility - CECL(Covid Emergency Line of Credit) of Rs. 0.65 Cr.

Short Term Non-Fund Based Facility – Inland Letter of Credit of Rs. 3.00 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

Stable

Stable

-
15.10.2020 Stark Ridge Paper Pvt. Ltd. Long term Bank Facilities of Rs. 35.00 Cr. IVR BB- (Reaffirmed) Stable
14.10.2020 RPP Infra Projects Limited Long term Bank Facilities of Rs. 60.02 Cr.

Short Term Bank Facilities of Rs.238.00 Cr.
IVR BBB-

IVR A3
Stable

-
14.10.2020 G Shankar Long term Bank Facilities of Rs. 190.00 Cr.

Short term Bank Facilities of Rs. 200.00 Cr.
IVR BBB

IVR A3+
Positive

-
14.10.2020 SKS Infra Projects Private Limited Short Term Bank Facilities of Rs. 90.00 Cr.

Long Term Bank Facilities of Rs. 10.00 Cr.
IVR A3 (Reaffirmed)

IVR BBB-
-

Stable
13.10.2020 Aavanti Renewable Energy Private Limited Long Term Bank Facilities – Term Loan of Rs. 86.03 Cr. (reduced from Rs.90.19 crore)

Short Term Bank Facility – Bank Guarantee of Rs.2.00 Cr.
IVR A+ [CE]

IVR A1+ [CE]
Stable

-
12.10.2020 Chalice Real Estate LLP Long term Bank Facilities of Rs. 115.00 Cr.

Short term Bank Facilities of Rs. 0.40 Cr.
IVR BB

IVR A4
Stable

-
12.10.2020 Rajkamal Builders Infrastructure Private Limited Long Term Fund Based Bank Facilities – Cash Credit of Rs. 17.00 Cr.

Short Term Non-Fund Based Bank Facilities – Bank Guarantee of Rs. 383.00 Cr. (Including Proposed limit of Rs.95.00 crore)
IVR A -

IVR A2+
Stable

-
12.10.2020 Saxena Marine – Tech Private Limited (SMTPL) Long Term Fund Based Facility – Open Cash Credit of Rs. 33.00 Cr.

Short Term Non-Fund Based Facility – Bank Guarantee of Rs. 9.80 Cr.
IVR BB

IVR A4
Stable

-
12.10.2020 Pan Healthcare Private Limited (PHCPL) Long Term Fund Based Facility – Cash Credit of Rs. 15.00 Cr. IVR BB+ Positive
12.10.2020 GP Petroleums Ltd Long Term/Short Term Bank Facilities of Rs. 220.00 Cr. IVR BB+/IVR A4+ Credit watch with negative implication / -
09.10.2020 Cadchem Laboratories Limited Long Term Bank Facilities of Rs. 17.00 Cr.

Short Term Bank Facilities of Rs. 3.25 Cr.
IVR D (Reaffirmed and Withdrawn)

IVR D (Reaffirmed and Withdrawn)
-

-
09.10.2020 Ganjam Naggapa And Son Private Limited Long Term Bank Facilities of Rs. 84.50 Cr. (enhanced from Rs. 10 crore) IVR BB- (Reaffirmed) Stable
08.10.2020 Shri Keshav Cements and Infra Limited Long Term Fund based facilities - Term Loan of Rs. 112.47 Cr.

Long Term Fund based facilities - Cash Credit of Rs. 27.93 Cr.
IVR B+

IVR B+
Stable

Stable
08.10.2020 Platinum Textiles Limited Long term Bank Facilities of Rs. 412.34 Cr.

Short Term Bank Facilities (Sub-Limit of Long Term Facilities) of Rs. (103.50) Cr.
IVR BB+

IVR A4+
Stable

-
08.10.2020 Goa Industrial Development Corporation (GIDC) Long Term Bank Facility Term Loan of Rs. 200.00 Cr. IVR A (CE) Stable
08.10.2020 Indiabulls Infraestate Limited (IIL) Proposed Long Term Facility – NCB/NCD of Rs. 300.00 Cr. IVR AA-(CE) Stable
08.10.2020 Maple ODC Movers Private Limited Long Term Fund Based Limits - Cash Credit of Rs. 10.00 Cr. (including proposed limits of INR4.00 Crore)

Short Term Non Fund Based Facilities - BG of Rs. 5.00 Cr. (including proposed limits of INR4.00 Crore)
IVR B+ (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
07.10.2020 RBA Finance Private Limited (RBAFL) Long Term Fund Based Facility – Cash Credit of Rs. 10.00 Cr. IVR BB+ Stable
07.10.2020 Fabrimax Engineering Pvt Ltd (FEPL) Long Term Facility – Fund Based – Cash Credit of Rs. 10.00 Cr. (enhanced from INR9.25 crore)

Short Term Non Fund Based Facility – Bank Guarantee of Rs. 8.00 Cr.

Short Term Non Fund Based Facility – Letter of Credit of Rs. 6.00 Cr. (enhanced from INR5.00 crore)
IVR BBB-

IVR A3

IVR A3
Stable

-

-
07.10.2020 Jericho Chemicals LLP Long Term Bank Facilities of Rs. 42.00 Cr. IVR BBB- Stable
07.10.2020 Fabtech Engineering Pvt Ltd Long Term Fund Based Facility – Cash Credit of Rs. 10.00 Cr.

Short Term Non Fund Based Facility – Letter of Credit of Rs. 5.00 Cr.

Long Term/Short Term Non Fund Based Facility – Bank Guarantee of Rs. 5.00 Cr.
IVR BBB-

IVR A3

IVR BBB- / IVR A3
Stable

-

Stable/-
07.10.2020 S.S. Fabricators and Manufacturers (SSFM) Long Term Facility – Fund Based – Cash Credit of Rs. 12.00 Cr. (enhanced from INR 10.00 crore)

Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 30.00 Cr. (enhanced from INR20.00 crore)
IVR BBB-

IVR A3
Stable

-
07.10.2020 Shree Rupanadham Steel Private Limited (SRSPL) Long Term Fund Based Facility- Cash Credit of Rs. 20.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 3.85 Cr.
IVR BB+

IVR BB+
Stable

Stable
07.10.2020 SKS Infra Projects Private Limited Short Term Bank Facilities of Rs. 10.00 Cr. IVR A3 -
06.10.2020 Vishnu Chemicals Ltd (VCL) Long Term Facility – Fund Based – Term Loan of Rs. 66.92 Cr.

Long Term Fund Based Facility – Cash Credit of Rs. 100.00 Cr.

Long Term Fund Based Facility – CELC of Rs. 7.35 Cr.

Short Term Fund Based – Standby Line of Credit of Rs. 8.45 Cr.

Short Term Non Fund Based Facility – Bank Guarantee of Rs. 5.00 Cr.

Short Term Non Fund Based Facility – Letter of Credit of Rs. 57.39 Cr.

Short Term Facility – Non Fund Based – Letter Credit/Bank Guarantee of Rs. 7.61 Cr.

(Proposed) Short Term/Long Term Facility of Rs. 4.15 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR A3

IVR A3

IVR A3

IVR A3

IVR BBB-/ IVR A3
Stable

Stable

Stable

-

-

-

-

Stable/-
06.10.2020 Vishnu Barium Pvt Ltd (VBPL) Long Term Fund Based Facility – Cash Credit of Rs.14.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 3.75 Cr.

Long Term Fund Based Facility CELC of Rs. 1.40 Cr.

Short Term Non Fund Based Facility – Letter of Credit of Rs. 5.00 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

Stable

-
06.10.2020 Sanjvik Terminals Private Limited Long Term Fund Based Limits Term Loan of Rs.30.00 Cr. (including proposed limits of INR 1.98 Crore) IVR D (ISSUER NOT COOPERATING) -
06.10.2020 Indian Sucrose Ltd Bank Facilities Fund Based of Rs. 150.00 Cr.

Proposed Bank Facilities Long Term / Short Term of Rs. 25.00 Cr.
IVR BB+

IVR BB+ / IVR A4+
Stable

Stable / -
05.10.2020 Amulya Sea Foods Long Term Facility – Working Capital Term Loan of Rs.1.32 Cr.

Short Term Fund Based Facility – PC/PCFC of Rs. 40.00 Cr.

Short Term Fund Based Facility – FBN/ FBP/ FBD/ AACB/ PSFC of Rs. 38.00 Cr.
IVR BB+

IVR A4+

IVR A4+
Stable

-

-
05.10.2020 Sooriya Hospital Long Term Bank Facilities of Rs. 85.18 Cr. IVR BBB- Stable
05.10.2020 Spinora Tiles Private Limited (STPL) Long Term Fund Based Bank Facility – Cash Credit of Rs. 5.00 Cr.

Long Term Fund Based Bank Facility –Term Loan of Rs. 8.54 Cr.

Short Term Non Fund Based Bank Facilities of Rs. 1.75 Cr.
IVR BB-

IVR BB-

IVR A4
Stable

Stable

-
05.10.2020 Marudhar Rocks International Private Limited Long Term/Short Term Bank Facilities – Fund Based of Rs. 7.50 Cr.

Long Term Bank Facilities – Fund Based of Rs. 130.00 Cr.

Short Term Bank Facilities – Non Fund Based of Rs. 2.00 Cr.

Long Term Bank Facilities – Proposed Fund Based of Rs. 30.00 Cr.

Short Term Bank Facilities – Proposed Non Fund Based of Rs. 10.00 Cr.
IVR BBB-/IVR A3

IVR BBB-

IVR A3

IVR BBB-

IVR A3
Stable

Stable

-

Stable

-
05.10.2020 Dhosa Chandaneswar Bratyajana Samity Long term Bank Facilities of Rs. 13.15 Cr. (Reduced from 15.00 Cr.) IVR BB+ Negative
05.10.2020 Indian Products Private Limited (IPPL) Long Term/Short Term Non-Fund Based Facilities of Rs. 15.00 Cr.

Short Term Fund Based Facilities of Rs. 150.00 Cr.

Short Term Non-Fund Based Limits (Derivatives-Forward Contracts)of Rs. 13.00 Cr.
IVR BBB-/IVR A3

IVR A3

IVR A3
Stable

-

-
05.10.2020 Debabrata Behera Long Term Bank Facilities of Rs. 74.00 Cr.

Short Term Bank Facilities of Rs. 10.17 Cr.
Provisional IVR BBB- (CE)

Provisional IVR A3 (CE)
Stable

-
01.10.2020 Shapoorji Pallonji & Company Pvt Ltd (SPCPL) Fund Based Facilities (Long and Short Term) of Rs. 10000.00 Cr.

Non Fund Based (Long and Short Term) of Rs. 15000.00 Cr.

Commercial Papers of Rs. 1500.00 Cr.
IVR A+ and IVR A1+

IVR A+ and IVR A1+

IVR A1+
Credit Watch with Developing Implications

Credit Watch with Developing Implications

-
01.10.2020 Ramkrishna Cotspin Private Limited Long term Bank Facilities of Rs. 61.25 Cr.

Short term Bank Facilities of Rs. 3.75 Cr.
IVR BB+ (ISSUER NOT CO-OPERATING)

IVR A4+ (ISSUER NOT CO-OPERATING)
Stable

-
01.10.2020 PVR Spinning and Weaving Limited Long Term Bank Facilities of Rs. 35.00 Cr.

Short Term Bank Facilities of Rs. 1.00 Cr.
IVR BB+

IVR A4+
Stable

-
01.10.2020 Nila Sea Foods Exports (NSFE) Long Term Bank Facility –Outstanding Term Loans of Rs. 3.88 Cr.

Short Term Bank Facility – Packing Credit/Packing Credit in Foreign Currency of Rs. 50.00 Cr.

Short Term Bank Facility – Foreign Bills Purchased of Rs. 43.00 Cr.
IVR BB+

IVR A4+

IVR A4+
Stable

-

-
30.09.2020 Exim Logistics Private Limited Long Term Fund based facilities - Cash Credit of Rs. 24.50 Cr.

Short Term Non Fund based facilities - Bank Guarantee of Rs. 3.00 Cr.
IVR BB+

IVR A4+
Stable

-
30.09.2020 Perfect Megastructures Private Limited Long term - Bank Facilities of Rs. 125.00 Cr. IVR BBB- Stable
30.09.2020 Ganjam Naggapa And Son Private Limited Long Term Bank Facilities of Rs.10.00 Cr. IVR BB- Stable
30.09.2020 Sanaka Educational Trust Long Term Bank Facilities – Term Loan of Rs.37.79 Cr. (reduced from 39.74) IVR BBB- Stable
30.09.2020 Dharamraj Contracts India Private Limited Long Term Bank Facilities - Term Loan of Rs. 5.00 Cr.

Long Term Fund based Bank Facilities of Rs. 20.00 Cr.

Short Term Bank Facilities of Rs. 95.00 Cr.
IVR BB+

IVR BB+

IVR A4+
Stable

Stable

-
30.09.2020 HMA Agro Industries Limited Long Term Bank Facility- Fund Based Limit of Rs.160.00 Cr.

Proposed Long Term Bank Facility- Fund Based Limit of Rs. 90.00 Cr.

Short Term Bank Facility- Fund Based Limit of Rs. 50.00 Cr.
IVR BBB+

IVR BBB+

IVR A2 (Reaffirmed)
Stable

Stable

-
29.09.2020 Parinee Shelters Private Limited (PSPL) Proposed Non-Convertible Debentures of Rs.199.00 Cr. IVR B Stable
29.09.2020 Parinee Realtors Private Limited (PRPL) Proposed Non-Convertible Debentures of Rs.101.00 Cr. IVR B Stable
29.09.2020 River Rose Venture LLP Proposed Term Loan (LRD Facility) of Rs.105.00 Cr. Provisional IVR BBB- (Withdrawn) Stable
28.09.2020 Karle Infra Private Limited Proposed Long Term Bank Facility (LRD Facility) of Rs.630.00 Cr. Provisional IVR BBB+ (Withdrawn) Stable
28.09.2020 Shreyash Aluminium and Alloys Pvt Ltd Long Term Bank Facilities- Cash Credit of Rs.11.50 Cr.

Proposed Long Term Bank Facilities- Cash Credit of Rs. 2.50 Cr.

Short Term Bank Facilities of Rs. 10.00 Cr.
Provisional IVR A-(CE)

Provisional IVR A-(CE)

Provisional IVR A2+(CE)
Stable

Stable

-
25.09.2020 S. E. Power Ltd Long Term Bank Facility – Fund Based – Cash Credit of Rs.4.00 Cr.

Long Term Bank Facility – Fund Based – Term Loan of Rs. 7.66 Cr. (Reduced from INR 12.09 crore)

Long Term Bank Facility – Non Fund Based – Bank Guarantee of Rs. 0.41 Cr.

(Proposed) Non Fund Based – Bank Guarantee of Rs. 0.50 Cr.
IVR BB-

IVR BB-

IVR BB-

Withdrawn
Stable

Stable

Stable

-
25.09.2020 Baba Kailashpati Agro Processing Private Limited Long Term Bank Facilities of Rs.17.18 Cr. IVR B- (ISSUER NOT COOPERATING) Stable
25.09.2020 Meenakshi Ammal Trust Long Term Bank Facilities of Rs. 55.00 Cr.

Proposed Bank Facilities – Long / Short Term of Rs. 5.00 Cr.
IVR BBB+

IVR BBB+ / IVR A2
Stable

Stable/-
25.09.2020 HMA Agro Industries Limited Short Term Bank Facility of Rs.50.00 Cr. IVR A2 -
24.09.2020 SreeDurga Fibre Products Pvt Ltd Long Term Bank Facility- Cash Credit of Rs.5.00 Cr.

Proposed Long Term Bank Facility- Cash Credit of Rs. 4.00 Cr.

Short Term Bank Facility- Bank Guarantee of Rs. 1.00 Cr.
IVR BBB

IVR BBB

IVR A3+
Stable

Stable

-
24.09.2020 JayantiSuper Construction Private Limited [JSCPL] Long Term-Fund Based-Cash Credit of Rs. 4.00 Cr.

Long /Short Term-Non Fund Based Bank Guarantee of Rs. 143.00 Cr.
IVR BBB

IVR BBB/IVR A3+
Stable

Stable
24.09.2020 Bharat Infrastructure & Engineering Private Limited Long Term Facility-Fund Based- Term Loan of Rs. 200.30 Cr.

(Proposed) Long Term Facility-Fund Based- Term Loan of Rs. 65.80 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
24.09.2020 Davanam Jewellers Pvt Ltd Long Term Fund Based Facility- Cash Credit of Rs.73.00 Cr. IVR BB- Stable
23.09.2020 Sri Anagha Refineries Private Limited Long Term Bank Facilities-Term Loan of Rs.0.85 Cr. (Reduced from Rs. 1.50 crore)

Long Term Bank Facilities- Cash Credit of Rs. 14.00 Cr.

Short Term Facility - Letter of Credit of Rs. 135.15 Cr. (Enhanced from Rs. 134.42 crore)
IVR BBB- (Re-affirmed)

IVR BBB- (Re-affirmed)

IVR A3 (Re-affirmed)
Stable

Stable

-
23.09.2020 Suncity Sheets Private Limited (SSPL) Long Term Fund Based Facility – Cash Credit of Rs.133.80 Cr. (enhanced from INR 29.00 Crore)

Long Term Fund Based Facility – Term Loans of Rs. 56.33 Cr. (enhanced from INR1.83 Crore)

Short Term Non Fund Based Facility– Letter of Credit of Rs. 108.00 Cr. (enhanced from INR33.00 Crore)

Short Term Non Fund Based Facility– Forward Contract of Rs. 0.50 Cr.
IVR A- (Re-affirmed)

IVR A- (Re-affirmed)

IVR A2+ (Re-affirmed)

IVR A2+ (Re-affirmed)
Stable

Stable

-

-
23.09.2020 Baliraja Sakhar Karkhana Ltd Long Term Fund based facilities - Cash Credit of Rs. 112.05 Cr.

Long Term Fund based facilities - Term Loan of Rs. 63.91 Cr. (reduced from 85.00)
IVR BB-

IVR BB-
Stable

Stable
22.09.2020 Kings Canyon SEZ Private Limited [KC SEZ] Long term Loan-LRD facility of Rs.90.00 Cr. IVR BBB- Stable
22.09.2020 Udit Pathways Private Limited (UPPL) Long Term Proposed Bank Facility of Rs.1.00 Cr.

Short Term Bank Facility – Bank Guarantee of Rs. 9.07 Cr.
IVR BBB (CE)

IVR A3+ (CE)
Stable

-
22.09.2020 StarAgri Finance Ltd (SFL) Proposed Non-Convertible Debenture (NCD) of Rs.50.00 Cr.

(Proposed) Fund Based Facility - Term Loan of Rs. 300.00 Cr.

(Proposed) Fund Based Facility – Cash Credit of Rs. 50.00 Cr.
IVR BBB (Re-affirmed)

IVR BBB

IVR BBB
Negative

Negative

Negative
22.09.2020 Rewa Pathways Private Limited (RPPL) Long Term Bank Facility – Term Loan of Rs.6.33 Cr. IVR BBB (CE) Stable
22.09.2020 Uttam Industrial Engineering Private Limited Proposed Bank Facilities- Long Term of Rs.5.00 Cr.

Bank Facilities- Short Term of Rs. 25.00 Cr.
IVR BB

IVR A4
Stable

-
22.09.2020 Poddar Housing And Development Limited Bank Facilities- Long Term of Rs. 20.00 Cr. IVR BBB- Stable
22.09.2020 GP Global Energy Pvt Ltd Long Term Bank Facilities of Rs.162.00 Cr.

Short Term Bank Facilities of Rs. 75.00 Cr.
IVR BBB-

IVR A3
Credit watch with developing implication

Credit watch with developing implication
22.09.2020 GP Global Asphalt Pvt Ltd Long Term Bank Facilities of Rs.93.00 Cr.

Short Term Bank Facilities of Rs. 45.00 Cr.

Proposed Short Term Facility of Rs. 25.00 Cr.
IVR BBB-

IVR A3

IVR A3
Credit watch with developing implication

Credit watch with developing implication

Credit watch with developing implication
22.09.2020 Shree Krishna Paper Mills & Industries Limited Long Term Bank Facilities of Rs.25.00 Cr.

Short Term Bank Facilities of Rs. 12.00 Cr.

Proposed Bank Facilities – Long /Short Term of Rs. 3.00 Cr.
IVR BB

IVR A4

IVR BB /IVR A4
Stable

-

Stable / -
21.09.2020 Syntex Trading and Agency Pvt Ltd (STAPL) Long Term Facility - Fund Based –Term Loan of Rs. 374.20 Cr. (reduced from INR463.29 crore) IVR B+ Credit Watch with Negative Implications
21.09.2020 Brilliant Foundation Proposed Term Loan (LRD Facility) of Rs. 30.00 Cr. Provisional IVR BBB- (Withdrawn) Stable
21.09.2020 Acute Retail Infra Private Ltd [ARIPL] Long Term Facility - Fund Based – Term Loan of Rs. 76.05 Cr. IVR B+ Credit Watch with Negative Implications
21.09.2020 Arunachal Timber Traders Private Limited Long Term Bank Facilities – Cash Credit of Rs.4.50 Cr.

Short Term Bank Facilities – Foreign Letter of Credit of Rs.6.50 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
19.09.2020 GMR Aviation Private Limited [GAPL]. Long Term Fund based – Term Loan of Rs. 30.76 Cr. ((reduced from INR 40.07) IVR BBB- (CE) (Reaffirmed) Stable
18.09.2020 Vikas Telecom Private Limited (VTPL) Proposed Long Term Bank Facility – Fund Based – Term Loan of Rs.652.00 Cr. IVR BBB Stable
18.09.2020 PMR Construction Company Long Term Bank Facilities of Rs.5.00 Cr.

Short Term Bank Facilities of Rs.15.00 Cr.
IVR BB+

IVR A4+
Stable

-
18.09.2020 Taneja Aerospace and Aviation Ltd Long Term Fund based facilities - Cash Credit of Rs.4.75 Cr.

Long Term Fund based facilities - Term Loan of Rs.8.35 Cr.

Short Term Non-Fund based facilities - Bank Guarantee of Rs.11.00 Cr.
IVR BB- (Reaffirmed)

IVR BB- (Reaffirmed)

IVR A4 (Reaffirmed)
Stable

Stable

-
18.09.2020 Anusaya Poly Products Industries Long Term Fund Based Facility – Cash Credit of Rs.6.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs.6.24 Cr.
IVR B+

IVR B+
Stable

Stable
17.09.2020 Scientific Security Management Services Private Limited [SSMS] Long Term Fund based – Term Loan of Rs. 2.01 Cr. (reduced from INR 3)

Long Term Fund based – Cash Credit of Rs.17.00 Cr. (enhanced from INR 16)

Short Term Fund based – Sales Invoice Discounting of Rs. 3.00 Cr. (reduced from INR 5)

Short Term Non-Fund based – Bank Guarantee of Rs. 9.00 Cr. (enhanced from INR 4)
IVR BBB (CE)

IVR BBB (CE)

IVR A3+ (CE) (Reaffirmed)

IVR A3+ (CE) (Reaffirmed)
Positive

Positive

-

-
17.09.2020 AP Securitas Private Limited [APSPL] Long Term Fund based – Cash Credit of Rs. 34.00 Cr.

Short Term Fund based – Sales Invoice Discounting of Rs.20.00 Cr. (enhanced from INR 15)

Short Term Non-Fund based – Bank Guarantee of Rs. 10.00 Cr. (reduced from INR 11)
IVR BBB

IVR A3+

IVR A3+
Positive

-

-
17.09.2020 KLA India Public Limited Long term Bank Facilities of Rs. 20.57 Cr.

Short term Bank Facilities of Rs.10.43 Cr.
IVR BBB-

IVR A3
Stable

-
17.09.2020 Fastbuild Blocks Pvt. Ltd. Long term Bank Facilities of Rs. 14.75 Cr. (reduced from 16.68) IVR BB (Reaffirmed) Stable
17.09.2020 Rushil Decor Limited Long Term Bank Facilities – Term Loan of Rs.154.04 Cr. (Reduced from Rs.159.78 crore)

Long Term Bank Facilities – Cash Credit of Rs.85.00 Cr. (Enhanced from Rs.57.00 crore)

Short Term Bank Facilities – Bank Guarantee/Letter of Credit of Rs.44.00 Cr. (Enhanced from Rs.33.00 crore)
IVR BBB+ (Reaffirmed )

IVR BBB+ (Reaffirmed )

IVR A2 (Reaffirmed )
Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications
16.09.2020 Impact Sare Magnum Townships Private Limited Long term Bank Facilities – Cash Credit of Rs. 20.00 Cr.

Short term Bank Facilities – Bank Guarantee of Rs.2.50 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
-

-
16.09.2020 Safeco Hygiene Films Pvt Ltd Long Term Fund Based Facility – Cash Credit of Rs. 6.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs.2.22 Cr.

Short Term Non Fund Based Facility – Bank Guarantee of Rs.1.05 Cr.
IVR BB

IVR BB

IVR A4
Stable

Stable

-
16.09.2020 Khadim India Limited Commercial Paper Programme (Earmarked out of current tied-up fund based working capital limits) IVR A1 (Reaffirmed and Withdrawn) -
15.09.2020 Future Enterprises Limited [FEL] Commercial Paper(Short Term)of Rs. 500.00 Cr. IVR D -
15.09.2020 Khandelwal Jewellers (Akola) Pvt Ltd Bank Facilities- Long Term of Rs. 24.18 Cr.

Proposed Bank Facilities- Long Term/Short Term of Rs.0.82 Cr.
IVR BB+

IVR BB+ / IVRA4+
Stable

Stable/-
14.09.2020 K G N Electricals Long Term Bank Facilities of Rs. 7.00 Cr.

Short Term Bank Facilities of Rs. 55.00 Cr.
IVR BBB-

IVR A3
Stable

-
14.09.2020 Shree Cars Pvt Ltd (SCPL) Long Term Bank Facilities- Cash Credit of Rs. 3.00 Cr.

Long Term Bank Facilities- Electronic Dealer Financing (eDFS)of Rs. 22.00 Cr.

Long Term Bank Facilities- Term Loan of Rs. 2.40 Cr.
IVR BB

IVR BB

IVR BB
Stable

Stable

Stable
11.09.2020 Sree Durga Fibre Products Pvt Ltd Long Term Bank Facilities- Cash Credit of Rs. 5.00 Cr.

Proposed Long Term Bank Facilities- Term Loan of Rs. 5.00 Cr.
IVR BBB

IVR BBB
Stable

Stable
11.09.2020 S D Polytech Pvt Ltd Long Term Bank Facilities- Cash Credit of Rs. 20.00 Cr.

Long Term Bank Facilities- Term Loan of Rs. 32.00 Cr.
IVR BBB

IVR BBB
Stable

Stable
11.09.2020 Sunil Kumar Agarwal LLP (SKAL) Long Term Bank Facilities- Cash Credit of Rs. 30.00 Cr.

Short Term Bank Facilities- Bank Guarantee of Rs. 90.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Positive

-
11.09.2020 Surya Processors Private Limited (SPPL) Long Term Fund Based Facilities – Cash Credit of Rs. 84.72 Cr. (Includes proposed facilities of INR37.72 Crore)

Long Term Fund Based Facilities – Term Loans of Rs. 52.53 Cr. (Reduced from INR58.13 Crore)

Long Term Non-Fund Based Facility – Bank Guarantee of Rs. 0.75 Cr.

Short Term Non-Fund Based Facility – Letter of Credit of Rs. 12.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

Stable

Stable

-
11.09.2020 Mili Steels Private Limited (MSPL) Long Term Fund Based Bank Facility – Cash Credit of Rs. 18.15 Cr.

Long Term Fund Based Bank Facility – working Capital Term Loan of Rs. 2.94 Cr.

Long Term Fund Based Bank Facility – working Capital Demand Loan of Rs. 1.60 Cr.

Short Term Non Fund Based Bank Facilities of Rs. 5.85 Cr.
IVR BB

IVR BB

IVR BB

IVR A4
Positive

-

Positive

-
11.09.2020 Hill Brow Metallics and Construction Pvt Ltd Long Term Bank Facilities- Cash Credit of Rs. 8.00 Cr.

Short Term Bank Facilities- Bank Guarantee of Rs. 15.00 Cr.

Proposed Long Term Bank Facilities- Cash Credit of Rs. 4.00 Cr.

Proposed Short Term Bank Facilities- Bank Guarantee of Rs. 12.00 Cr.
IVR BBB

IVR A3+

IVR BBB

IVR A3+
Positive

-

Positive

-
10.09.2020 Sagar Asia Private Limited Long Term Fund Based Bank Facilities – Term Loan of Rs. 5.25 Cr.

Long Term Fund Based Bank Facilities – Cash Credit of Rs. 50.00 Cr. (including proposed limit of Rs.30.00 crore)

Short Term Non-Fund Based Bank Facilities – Letter of Credit of Rs.10.00 Cr. (including proposed limit of Rs.3.00 crore)

Short Term Non-Fund Based Bank Facilities – Bank Guarantee of Rs. 5.00 Cr. (Proposed limit)
IVR BBB -

IVR BBB -

IVR A3

IVR A3
Stable

Stable

-

-
10.09.2020 Giga Pipes Systems India LLP Long Term Bank Facilities of Rs. 10.00 Cr.

Short Term Bank Facilities of Rs. 30.00 Cr.
IVR A- (CE)

IVR A2+(CE)
-

-
10.09.2020 Siddhi Vinayak Himghar Pvt Ltd Long Term Bank facilities of Rs. 14.38 Cr.

Short Term Bank Facilities of Rs. 0.21 Cr.

Issuer Rating
IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)

IVR D(Is)
-

-

-
10.09.2020 Riddhi Siddhi Cold Storage Pvt Ltd Long Term Facilities- Seasonal Working Capital Demand Loan of Rs. 13.42 Cr.

Long Term Facilities- Working Capital Loan of Rs. 1.50 Cr.

Long Term Facilities- Term Loan of Rs. 5.46 Cr.

Long Term Facilities- Bank Guarantee of Rs. 0.31 Cr.
IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)
-

-

-

-
10.09.2020 Siddhant Vedant Cold Storage Pvt Ltd Long Term Bank Facilities of Rs. 15.74 Cr. IVR D (ISSUER NOT COOPERATING) -
09.09.2020 K.M. Sugar Mills Limited Long Term Fund based facilities - Term Loan of Rs. 36.25 Cr.

Long Term Fund based facilities - Cash Credit of Rs. 161.25 Cr.

Short Term Non Fund based facilities - Bank Guarantee of Rs. 7.00 Cr.
IVR BBB+ (Assigned)

IVR BBB+ (Assigned)

IVR A2 (Assigned)
Stable

Stable

-
09.09.2020 Rithwik Projects Private Limited Bank Facilities- Long Term of Rs. 350.00 Cr.

Bank Facilities- Short Term of Rs. 1750.16 Cr.
IVR BBB-

IVR A3
Stable

-
09.09.2020 Supreet Chemicals Private Limited Long term Fund Based Bank Facilities – Cash Credit of Rs. 4.00 Cr.

Short term Fund Based Bank Facilities – EPC/PCFC of Rs. 10.00 Cr.

Short Term Non-Fund Based Bank Facilities – LC/BG of Rs. 11.00 Cr.
IVR BBB-

IVR A3

IVR A3
Stable

-

-
09.09.2020 Gulf Petrochem FZC Issuer Rating IVR BB [Is](Assigned and Withdrawn) Stable
09.09.2020 Dhunseri Ventures Limited Long Term Bank Facilities of Rs. 52.50 Cr. (reduced from Rs.60 crore) IVR A+ (Reaffirmed) Stable
08.09.2020 Shri Bajrang Alliance Ltd Long Term Facility – Fund Based – Cash Credit of Rs. 32.15 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 18.64 Cr.

Short Term Fund Based Facility – Bills Discounting under LC of Rs. 8.00 Cr.

Short Term Non Fund Based Facility – Bank Guarantee of Rs. 1.00 Cr.
IVR BB+

IVR BB+

IVR A4+ br/>
IVR A4+
Positive

Positive

-

-
08.09.2020 Jay Formulations Limited (JFL) Long Term Fund Based Bank Facility – Cash Credit of Rs. 25.00 Cr.

Long Term Fund Based Bank Facility – Term Loan of Rs. 8.80 Cr.

Short Term Non Fund Based Bank Facilities of Rs. 16.25 Cr.
IVR BB+

IVR BB+

IVR A4+
Positive

Positive

-
08.09.2020 ATS Infrabuild Private Limited Non-Convertible Debenture of Rs. 135.00 Cr. IVR BB+ Stable
04.09.2020 Shyamsree Infrastructure Private Limited Long Term/ Short Term Bank Facilities of Rs. 50.00 Cr. IVR BBB+(CE) / IVR A2 (CE) Stable/-
04.09.2020 Utkal Healthcare Private Limited Long Term Fund Based Bank Facilities-Term loan of Rs. 45.00 Cr.

Long Term Fund Based Bank Facilities- Cash credit of Rs. 3.00 Cr. ((Enhanced from Rs. 0.00 crore))
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)
Positive

Positive
04.09.2020 Al-Hamd Agro food Products Private Limited Bank Facilities- Long Term of Rs. 2.80 Cr.

Bank Facilities- Short Term of Rs. 187.00 Cr.
IVR A-

IVR A2+
Stable

-
04.09.2020 Al-Dua Food Processing Private Limited Short Term - Bank Facilities of Rs. 219.00 Cr. IVR A2+ -
04.09.2020 Trimurthi Exports (TME) Proposed Long Term Bank Facility of Rs. 2.00 Cr.

Short Term Fund Based Limits of Rs. 8.00 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
04.09.2020 Global Ispaat Private Limited (GIPL) Long Term Fund Based Facility- Cash Credit of Rs. 26.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 13.91 Cr.

Short Term Non Fund Based Facility of Rs. 13.5 Cr.
IVR BB+

IVR BB+

IVR A4+
Stable

Stable

-
04.09.2020 Chrysalis Trading Pvt Ltd Long Term Facility – Fund Based – Cash Credit of Rs. 15.00 Cr. IVR BB-(ISSUER NOT COOPERATING) -
04.09.2020 Fortune Group Long Term bank facilities- Cash Credit of Rs. 9.00 Cr.

Short Term bank Facilities- Bank Guarantee of Rs. 17.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)

IVR A4+ (ISSUER NOT COOPERATING)
-

-
04.09.2020 Alpine Distilleries Pvt Ltd Long Term Fund based facilities- Term loan of Rs. 70.65 Cr.

Long Term Fund based facilities- Cash Credit of Rs. 27.35 Cr.

Short Term Non Fund based Facilities- Bank Guarantee of Rs. 0.95 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
-

-

-
03.09.2020 Myrayash Hotels Private Limited Long Term Facility - Fund Based – Term Loan (Proposed)of Rs. 180.00 Cr. IVR BBB-(CE) Stable
03.09.2020 Scasa Nutrients Pvt Ltd Fund Based Limit-Long Term of Rs. 24.37 Cr. IVR BBB- Stable
03.09.2020 Boudh Distillery Private Limited Long Term Bank Facilities of Rs. 52.89 Cr. IVR BBB- Stable
03.09.2020 Babu Banarasi Das Educational Society Long term - Bank Facilities of Rs. 49.53 Cr. IVR A+ Stable
03.09.2020 NRC Industries Limited Long Term Bank Facilities – Fund Based of Rs. 28.00 Cr.

Short Term Bank Facilities – Non Fund Based of Rs. 27.00 Cr.
IVR BBB-

IVR A3
Credit watch with developing implications

Credit watch with developing implications
03.09.2020 Hillman Hosiery Mills Private Limited Long term Bank Facilities – Cash Credit of Rs. 13.90 Cr. (including proposed incremental limits of Rs.0.15 crore)

Long term Bank Facilities – Term Loan of Rs. 1.10 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR BB (ISSUER NOT COOPERATING)
-

-
03.09.2020 Cabcon India Limited Long Term Bank Facilities – Cash Credit of Rs. 100.00 Cr. (Enhanced from Rs.90.00 crore and including proposed limit of Rs.10.00 crore)

Short Term Bank Facilities – ILC/FLC of Rs. 75.00 Cr. (Enhanced from Rs.40.00 crore and including proposed limit of Rs.19.00 crore)

Short Term Bank Facilities – Bank Guarantee of Rs. 237.00 Cr. (Enhanced from Rs.202.00 crore and including proposed limit of Rs.21.00 crore)
IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)

IVR A2+ (Reaffirmed)
Stable

-

-
03.09.2020 Ario Infrastructure Private Limited Long Term Bank Facilities of Rs. 10.00 Cr.

Long Term/Short Term Bank Facilities of Rs. 18.00 Cr.
IVR B+ (ISSUER NOT COOPERATING)

IVR B+/IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable/-
02.09.2020 Udit Khamla Highways Private Limited (UKHPL) Long Term Bank Facility – Term Loan of Rs. 10.50 Cr.

Short Term Bank Facility – Bank Guarantee of Rs. 14.32 Cr.
IVR BBB (CE)

IVR A3+ (CE)
Stable

-
02.09.2020 Purulia Metal Casting Private Limited Long Term Bank Facilities of Rs. 73.05 Cr. (enhanced from Rs.66.05 crore) IVR BB+ (Reaffirmed) Positive
01.09.2020 MDA Mineral Dhatu (AP) Private Limited Long Term Bank Facilities – Cash Credit of Rs. 7.50 Cr. IVR BB (ISSUER NOT COOPERATING) -
01.09.2020 Global Mercantile Pvt. Ltd. Long Term Bank Facilities of Rs. 25.00 Cr. IVR BB- Stable
29.08.2020 Ayoki Fabricon Private Limited Long term Bank Facilities of Rs. 29.00 Cr.

Short term Bank Facilities of Rs. 81.00 Cr.
IVR BBB

IVR A3+
Stable

-
28.08.2020 Sara Estates Private Limited Long term Bank Facilities of Rs. 157.47 Cr. IVR BB+ Under Credit watch with developing implications
28.08.2020 Kalyaneswari Udyog Pvt Ltd (KUPL) Long Term Facility – Fund Based – Cash Credit of Rs. 6.50 Cr.

Short Term Non Fund Based Facility – Bank Guarantee of Rs. 2.00 Cr.
IVR BB+

IVR A4+
Stable

-
28.08.2020 Intergen Energy Limited Long term - Bank Facilities of Rs. 3.90 Cr.

Short Term - Bank Facilities of Rs. 26.10 Cr.
IVR BBB-

IVR A3
Stable

-
28.08.2020 Vidya Vikas Education Trust Long Term Fund Based Bank Facilities – Term Loan of Rs. 95.00 Cr. IVR BBB+ Credit Watch with Developing Implications
27.08.2020 Vinni Chemicals Private Limited Bank Facilities - Long Term of Rs. 8.37 Cr. IVR BB- (ISSUER NOT CO-OPERATING) Stable
26.08.2020 Nupur Finvest Private Ltd (NFPL) Cash Credit of Rs. 50.00 Cr. (Reduced from 75.00)

Proposed Long Term Working Capital Facility of Rs. 100.00 Cr. (Increased from 25.00)

Term Loans of Rs. 57.25 Cr. (Reduced from 71.39)

Proposed Term Loans of Rs. 42.75 Cr. (Reduced from 78.61)
IVR A+

IVR A+

IVR A+

IVR A+
Stable

Stable

Stable

Stable
26.08.2020 Paisalo Digital Limited (PDL) Cash Credit of Rs. 759.75 Cr. (Reduced from 822.50)

Proposed Long Term Facility of Rs. 91.25 Cr. (Increased from 67.50)

Term Loan of Rs. 39.00 Cr.

Non-Convertible Debentures of Rs. 50.00 Cr.

Proposed Non-Convertible Debentures of Rs. 50.00 Cr. (Reduced from 100.00)
IVR A+

IVR A+

IVR A+

IVR A+

IVR A+
Stable

Stable

Stable

Stable

Stable
25.08.2020 Kukadi Sahakari Sahkar Kharkhana Ltd (KSSKL) Long Term Facility – Fund Based – Term Loan of Rs. 66.13 Cr. IVR B- (ISSUER NOT COOPERATING) -
25.08.2020 Srinivas Infrastructure Private Limited Long Term Fund Based Limit of Rs. 7.00 Cr.

Short Term Non- Fund Based Limit of Rs. 10.00 Cr.
IVR BB+ (Issuer Not Cooperating)

IVR A4+ (Issuer Not Cooperating)
-

-
25.08.2020 Silver Oak Shops & Offices Co. Op. Housing Society Limited Long Term Bank Facilities - Term Loan of Rs. 48.70 Cr. (Reduced from Rs 53.70)

Long Term Bank Facilities - OD of Rs. 20.80 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 6.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

Stable

-
25.08.2020 Annapurna Industries Long Term Bank Facilities of Rs. 9.00 Cr. IVR BB+ Stable
25.08.2020 Vishesh Diagnostics Pvt Ltd (VDPL) Long Term Facility – Fund Based – Term Loan of Rs. 159.12 Cr.

(Proposed) Long Term Facility – Fund Based – Term Loan of Rs. 4.32 Cr.

Short Term Facility – Fund Based – Overdraft of Rs. 4.00 Cr.

(Proposed) Short Term Facility – Fund Based – Overdraft of Rs. 10.00 Cr.
IVR BBB

IVR BBB

IVR A3+

IVR A3+
Stable

Stable

-

-
25.08.2020 United Ciigma Institute of Medical Sciences Pvt Ltd Long Term Debt – Term Loan of Rs. 126.75 Cr.

Long Term Fund Based Limits of Rs. 20.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING) (Reaffirmed & Withdrawn)

IVR BB+ (ISSUER NOT COOPERATING) (Reaffirmed & Withdrawn)
-

-
25.08.2020 Pelicans Automotive & Promotional Products Pvt Ltd Fund Based Long Term Bank Facilities – Cash Credit of Rs. 1.00 Cr.

Non Fund Based - Long Term Bank Facilities – Forward Contracts of Rs. 29.00 Cr.
IVR BB+

IVR BB+
Stable

Stable
24.08.2020 Zodiac Energy Limited [ZEL] Long Term Fund based facilities Cash Credit of Rs. 7.50 Cr.

Short Term Non-Fund based facilities Bank Guarantee of Rs. 8.50 Cr.
IVR BBB-

IVR A3
Stable

-
24.08.2020 IV County Private Limited Long term - Bank Facilities of Rs.34.64 Cr. IVR BBB+ Stable
24.08.2020 Choudhary Builders Pvt. Ltd. [CBPL] Proposed Term Loan (LRD Facility) of Rs. 21.00 Cr. Provisional IVR BBB- Stable
24.08.2020 Capital Power Systems Limited Long Term Bank Facilities of Rs. 24.00 Cr.

Short Term Bank Facilities of Rs. 48.00 Cr.

Proposed Long Term/Short Term Bank Facilities of Rs. 3.00 Cr.
IVR BBB-

IVR A3

IVR BBB-/IVR A3
Stable

-

Stable/-
22.08.2020 Mulpuri Poultries Long term Bank Facilities of Rs. 18.42 Cr. (reduced from 20.00) IVR BB+ Stable
22.08.2020 PSR Infrastructures Bank Facilities- Long Term of Rs. 15.00 Cr.

Proposed Bank Facilities- Short Term of Rs. 5.00 Cr.
IVR B+

IVR A4
Stable

-
22.08.2020 Future Enterprises Limited [FEL] Commercial Paper(Short Term) of Rs. 500.00 Cr. IVR A4 -
21.08.2020 Wudtools Fund Based Facilities – Cash Credit of Rs. 12.00 Cr. IVR BB- (ISSUER NOT COOPERATING) -
21.08.2020 Glocal Healthcare Systems Pvt Ltd Long Term Bank of Rs. 40.00 Cr. IVR B (ISSUER NOT COOPERATING) Stable
21.08.2020 Nestor Pharmaceuticals Limited (NPL) Long Term Fund Based Facility of Rs. 70.17 Cr.

Short Term Fund Based Facility of Rs. (13.25) Cr.

Short Term Non Fund Based Facility or Rs. 25.00 cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-

-
21.08.2020 Sahara Housingfina Corporation Limited Non-Convertible Debentures of Rs. 30.00 Cr. IVR BB- (Reaffirmed) Stable
21.08.2020 Medec Dragon Private Limited Issuer Rating IVR A- [Is] Stable
21.08.2020 Seamec Limited Long term / Short term Bank Facilities - Non Fund based - Bank Guarantee (Cash Credit as a sub limit of Bank Guarantee)of Rs. 25.00 (1.00) Cr.

Proposed Long term / Short term Bank Facilities - Non Fund based - Bank Guarantee of Rs. 50.00 Cr.

Short term Bank Facilities - Non Fund based - LER (Forward Contract) of Rs. 5.00 Cr.
IVR A-/IVR A2+; (Reaffirmed)

IVR A-/IVR A2+; (Assigned)

IVR A2+ (Reaffirmed)
Stable/-


Stable/-


-
21.08.2020 Ambience Hotels & Resorts Pvt Ltd (AHRPL) Long Term - Fund Based Facilities of Rs. 515.00 Cr.

Short Term - Fund Based Facility of Rs. 50.00 Cr.
IVR BBB (CE)

IVR A3+ (CE)
Credit Watch with Developing Implications

-
20.08.2020 Param Enterprises Private Limited Long Term Bank Facilities – Cash Credit of Rs. 25.00 Cr.

Long Term/Short Term Bank Facilities – Bank Guarantee of Rs. 70.00 Cr.
IVR A- (Reaffirmed)

IVR A- / IVR A2+ (Reaffirmed)
Stable

Stable / -
20.08.2020 Duroply Industries Limited Long term Bank Facilities of Rs. 45.74 Cr. (enhanced from 42.74)

Short term Bank Facilities of Rs. 37.26 Cr.
IVR BB (Reaffirmed)

IVR A4 (Reaffirmed)
Negative

-
20.08.2020 Balajee Ispat Udyog Cash Credit (Proposed) IVR BB (Withdrawn) Stable
19.08.2020 Silpa Projects & Infrastructure (India) Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 30.00 Cr.

Long Term Fund Based Facility – Overdraft Facility of Rs. 3.00 Cr.

Short Term Non-Fund Based Facility – Bank Guarantee of Rs. 44.00 Cr.
IVR BB+

IVR BB+

IVR A4+
Stable

Stable

-
19.08.2020 BCL Industries Limited Long Term Bank Facilities – Cash Credit of Rs. 125.00 Cr.

Long Term Bank Facilities – Term Loan of Rs. 53.17 Cr.

Short Term Bank Facilities of Rs. 50.00 Cr.

Fixed Deposit of Rs. 0.70 Cr.
IVR A- (Reaffirmed)

IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)

IVR FA- (Reaffirmed)
Stable

Stable

-

Stable
19.08.2020 Udit Infraworld Private Limited (UIPL) Long Term Bank Facility – Cash Credit of Rs. 4.50 Cr.

Short Term Bank Facility – Bank Guarantee of Rs. 32.00 Cr.

Long Term Proposed Facility – Proposed Cash Credit of Rs. 20.50 Cr. (Enhanced from INR15.50 Crore)

Short Term Proposed Facility – Proposed Bank Guarantee of Rs. 38.00 Cr. (Enhanced from INR23.00 Crore)
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)

IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

-

Stable

-
19.08.2020 Aarryaveer Oil Industries Private Limited (AOIPL) Long Term Fund Based Facility – Term Loan of Rs. 3.89 Cr.

Long Term Fund Based Facility – Proposed CC Limit of Rs. 11.11 Cr.
IVR BB+

IVR BB+
Stable

Stable
18.08.2020 Krazybee Services Private Limited (KSPL) Proposed Non-Convertible Debentures of Rs. 100.00 Cr. IVR BBB Positive
18.08.2020 Manaksia Coated Metals & Industries Limited Long Term Bank Facilities of Rs. 15.00 Cr. IVR A- Stable
18.08.2020 Khyati Ispat Private Limited Long Term Bank Facilities- Cash Credit of Rs. 79.50 Cr.

Short Term Bank Facilities- Letter of Credit of Rs. 5.00 Cr.
IVR BBB-

IVR A3
Stable

-
17.08.2020 Maple Logistics Pvt. Ltd. Long Term Fund Based Limits-Cash Credit of Rs. 78.00 Cr. (including proposed limits of INR9.75 crore)

Short Term Non-Fund Based Limits – LC/BG of Rs. 22.00 Cr. (including proposed limit of Rs.8.25 crore)
IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)
-

-
17.08.2020 Magnifico Minerals Private Limited Long Term Fund Based Limits – Cash Credit of Rs. 35.00 Cr. (including proposed limits of INR 4.00 Crore)

Short Term Non-Fund Based Limits – LC of Rs. 365.00 Cr. (including proposed limits of INR 27.00 Crore)
IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)
-

-
17.08.2020 Everest Metals FZE Long Term Fund Based Limits OD –Existing of Rs. 76.70 Cr. (11.80 MN USD)

Long Term Fund Based Limits – OD – Proposed of Rs. 63.30 Cr. (9.74 MN USD)
IVR BB (ISSUER NOT COOPERATING)

IVR BB (ISSUER NOT COOPERATING)
Stable

Stable
17.08.2020 Worlds Window Wardha Infrastructure Private Limited Long Term Debt – Proposed Term Loan of Rs. 50.00 Cr. IVR C (ISSUER NOT COOPERATING) -
17.08.2020 Worlds Window Impex India Private Limited Long Term Fund Based Limits of Rs. 195.50 Cr. (including proposed limits of INR10.50 Crore)

Short Term Fund Based Limits –EPC/PCFC of Rs. 150.00 Cr. (Proposed)

Short Term Non-Fund Based Limits – LC/BG of Rs. 195.50 Cr. (including proposed limits of INR10.50 Crore)
IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)
-

-

-
17.08.2020 Topline Commodities Pvt Ltd Long term Bank Facilities of Rs. 55.15 Cr. (reduced from 58.40)

Short term Bank Facilities of Rs. 1.67 Cr.
IVR B+

IVR A4 (Reaffirmed)
Stable

-
17.08.2020 Imperial Granites Pvt Ltd Long Term Bank Facilities of Rs. 9.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
14.08.2020 Kota Electricity Distribution Limited Long Term Fund Based Facilities- Term loan of Rs. 96.56 Cr. (enhanced from Rs.70.31 crore)

Long Term Non-Fund Based Facilities- Bank Guarantee of Rs. 225.00 Cr. (enhanced from Rs.219.50 crore)

Short Term Fund Based Facilities- Overdraft of Rs. 100.00 Cr.
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)
Stable

Stable

-
14.08.2020 Bikaner Electricity Supply Limited Long Term Bank Facilities of Rs. 150.00 Cr. (enhanced from 130.00)

Short Term Bank Facilities of Rs. 100.00 Cr.
IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)
Stable

-
14.08.2020 Bharatpur Electricity Services Limited Long Term Non-Fund Based Facilities-Bank Guarantee of Rs. 52.50 Cr. (enhanced from 47.50)

Short Term Fund Based Facilities-Overdraft of Rs. 40.00 Cr.
IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)
Stable

-
14.08.2020 Seagull Maritime Agencies Private Limited Long Term Fund Based Facility – Cash Credit of Rs. 35.00 Cr. (including proposed limit of INR20.00 Crore) IVR D (ISSUER NOT COOPERATING) -
14.08.2020 Radius and Deserve Land Developers Pvt Ltd (RDLDPL) Non-Convertible Debentures of Rs. 302.00 Cr. IVR D -
14.08.2020 Kashvi International Private Limited Long Term Bank Facilities of Rs. 54.75 Cr. (enhanced from 27.75)

Short Term Bank Facilities of Rs. 7.50 Cr.
IVR BBB-(Reaffirmed)

IVR A3
Positive

-
14.08.2020 Clininvent Research Pvt Ltd Long Term Facilities - Term Loan of Rs. 54 Cr.

Long Term Fund Based Facilities- Cash Credit of Rs. 7.00 Cr.

Long Term NonFund Based Facilities- Derivative Contract of Rs. 2.00 Cr.

Short Term Non Fund Based Facilities- Letter of Credit of Rs. 7.00 Cr.
IVR BB+(CE) (ISSUER NOT COOPERATING)

IVR BB+(CE) (ISSUER NOT COOPERATING)

IVR BB+(CE) (ISSUER NOT COOPERATING)

IVR A4+ (CE) (ISSUER NOT COOPERATING)
-

-

-

-
14.08.2020 Ambience Developers and Infrastructure Private Limited Long Term Fund Based Bank Facilities of Rs. 1470.00 Cr.

Short Term Non-Fund Based Bank Facilities of Rs. 15.00 Cr.
IVR BBB+

IVR A2
Credit Watch with Developing Implications

-
14.08.2020 Ahalia Money Exchange & Financial Services Private Limited Long Term Fund Based Facility – Cash Credit of Rs. 21.00 Cr.

Long Term Fund Based Facility – WCDL of Rs. 3.00 Cr.

Long Term Facility – Proposed NCD of Rs. 20.00 Cr.
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)

IVR BB+
Stable

Stable

-
14.08.2020 Ambience Commercial Developers Pvt Ltd (ACDPL LRD Facility of Rs. 1330.00 Cr. IVR BBB+ Credit Watch with Developing Implications
12.08.2020 Nestor Pharmaceuticals Limited (NPL) Long Term Fund Based Facility of Rs. 55.17 Cr.

Short Term Fund Based Facility of Rs. (13.25) Cr.

Short Term Non Fund Based Facility of Rs. 20.00 Cr.
IVR BBB-

IVR A3

IVR A3
Stable

-

-
12.08.2020 Royal Infraconstru Limited Long term Fund Based Facilities- Cash Credit of Rs. 137.00 Cr.

Long term Bank Facilities- Term Loan of Rs. 8.28 Cr.

Short term Non-Fund Based Facilities- Bank Guarantee of Rs. 205.00 Cr.

Proposed Short term Non-Fund Based Facilities- Bank Guarantee of Rs. 85.00 Cr.
IVR A- (Reaffirmed)

IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)

IVR A2+ (Reaffirmed)
Positive

Stable

-

-
11.08.2020 Singhania Buildcon Private Limited Long Term Fund Based Bank Facilities – Term Loan of Rs. 44.11 Cr.

Short Term Fund Based Bank Facilities – Bank Overdraft of Rs. 5.89 Cr.
IVR BBB-

IVR A3
Positive

-
11.08.2020 Primetime Realtors Private Limited Proposed Non-Convertible Debenture (NCD) of Rs. 350.00 Cr. IVR BB (Withdrawn) Stable
11.08.2020 Future Market Networks Limited Long Term Proposed Facility – Proposed Term Loan of Rs. 500.00 Cr. IVR BBB (Withdrawn) Credit watch with negative implication
11.08.2020 Murugavilas Textiles (MVT) Long Term Fund Based Facility – OCC of Rs. 5.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 7.90 Cr.
IVR B+

IVR B+
Stable

Stable
10.08.2020 Moksha Thermoplastics Private Limited Long term Bank Facilities of Rs.23.00 Cr.

Short term Bank Facilities of Rs. 12.00 Cr.
IVR BBB-

IVR A3
Stable

-
10.08.2020 Sivanta Spuntex Private Limited Long term Bank Facilities of Rs.77.86 Cr. (enhanced from Rs.19.36)

Short term Bank Facilities of Rs. 5.64 Cr.

Long Term/ Short Term Bank Facilities of Rs. 2.50 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR BBB-
Stable

-

Stable
10.08.2020 Precision Realty Developers Pvt Ltd Proposed Term Loan (LRD Facility) of Rs.175.00 Cr. Provisional IVR A (Withdrawn) Stable
10.08.2020 Paul Merchants Finance Private Limited (PMFPL) Long Term Fund Based Facility – Cash Credit of Rs.50.00 Cr.

Long Term Bank Facility – Working Capital Demand Loan of Rs. 6.40 Cr.

Long Term Proposed Facility of Rs. 20.10 Cr.

Short Term Fund Based Facility – Overdraft of Rs. 43.50 Cr.
IVR BBB+

IVR BBB+

IVR BBB+

IVR A2
Stable

Stable

Stable

-
08.08.2020 Future Enterprises Limited [FEL] Commercial Paper(Short Term) of Rs.500.00 Cr. IVR A2 Credit watch with negative implications
08.08.2020 Syntex Trading and Agency Pvt Ltd (STAPL) Long Term Facility - Fund Based – Term Loan of Rs.374.20 Cr. (reduced from INR463.29 crore) IVR BBB Credit Watch with Negative Implications
08.08.2020 Rungta Projects Limited Long term Bank Facilities of Rs.43.00 Cr. (reduced from 45.50)

Short term Bank Facilities of Rs. 12.00 Cr. (enhanced from 9.50)
IVR BB- (Reaffirmed)

IVR A4 (Reaffirmed)
Stable

-
08.08.2020 Kushal Polysacks Private Limited Long Term Bank Facilities of Rs.57.00 Cr. (enhanced from 36.00)

Short Term Bank Facilities of Rs. 15.00 Cr.
IVR BB+ (Reaffirmed)

IVR A4+
Stable

-
08.08.2020 Acute Retail Infra Private Limited [ARIPL] Long Term-Fund based (Term Loan) of Rs.76.05 Cr. IVR BBB+ Credit watch with negative implications
07.08.2020 G.S. Developers and Contractors Pvt Ltd Fund Based Limit-Long Term of Rs.5.50 Cr.

Non Fund Based-Short Term of Rs. 15.00 Cr.
IVR BB-

IVR A4
Stable

-
07.08.2020 Turtle Limited Long Term Fund Based Facilities- Cash Credit of Rs. 45.00 Cr.

Short Term Fund Based Facilities- Standby Line of Credit of Rs. 7.80 Cr. (enhanced from 3.00)

Short Term Non Fund Based Facilities- Letter of Credit of Rs. 3.00 Cr.

Short Term Non Fund Based Facilities- Credit Exposure Limit of Rs. 0.20 Cr.
IVR BBB-

IVR A3

IVR A3

IVR A3
Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications
07.08.2020 Easy Home Finance Limited (EHFL) Proposed Bank Facilities of Rs. 100.00 Cr. IVR BBB- Credit Watch with Developing Implication
07.08.2020 K. D. Liquor & Fertilizer Pvt. Ltd Long Term Bank Facilities- Cash Credit of Rs. 21.73 Cr.

Long Term Bank Facilities- WCDL

Short Term Bank Facilities of Rs.1.50 Cr.
IVR BBB- (Reaffirmed)

Withdrawn

IVR A3 (Reaffirmed)
Stable

-

-
06.08.2020 Dugar Polymers Limited (DPL) Fund Based Bank Facilities – Term Loans of Rs. 2.35 Cr.

Fund Based Bank Facilities – Cash Credit of Rs. 38.00 Cr.

Non Fund Based Bank Facilities – Bank Guarantee of Rs. 5.50 Cr.

Non Fund Based Bank Facilities – Forward Cover of Rs. 0.15 Cr.
IVR BB+

IVR BB+

IVR A4+

IVR A4+
Stable

Stable

-

-
06.08.2020 Vitthalrao Shinde Sahakari Sakhar Karkhana Limited Long Term Bank Facilities – Fund Based of Rs. 304.78 Cr. IVR BBB- Stable
06.08.2020 Nayati Healthcare and Research Private Limited Long Term Fund Based Bank Facilities-Term loan of Rs. 250.00 Cr.((Reduced from Rs. 260 crore)

Long Term Fund Based Bank Facilities- Cash credit of Rs. 45.00 Cr.

Long Term Fund Based Bank Facilities- Term loan of Rs. 0.00 Cr. (Reduced from Rs. 155.00 crore)
IVR BBB-

IVR A3

Withdrawn
Credit watch with developing implications

Under Credit watch with developing implications

-
06.08.2020 Akashganga Infraventures India Limited Long Term Bank Facilities of Rs. 17.85 Cr.

Short Term Bank Facilities of Rs. 25.00 Cr.
IVR BBB-

IVR A3
Credit watch with developing implications

-
06.08.2020 Shivalik Power & Steel Private Limited Long Term Fund Based Bank Facilities – Cash Credit of Rs. 19.00 Cr.

Long Term Fund Based Bank Facilities – Term Loan of Rs. 1.56 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Stable

Stable
06.08.2020 Sivanta Spuntex Private Limited Bank Facilities- Long Term of Rs. 19.36 Cr.

Bank Facilities- Short Term of Rs. 5.64 Cr.
IVR BBB-

IVR A3
Stable

-
05.08.2020 Posco Poggenamp Electrical Steel Private Limited (PPES) Long Term Fund Based Facility – Cash Credit of Rs. 20.00 Cr. IVR BB- Stable
05.08.2020 Suncity Strips and Tubes Private Limited (SSTPL) Long Term Fund Based Facility – Cash Credit of Rs. 24.50 Cr.

Short Term Fund Based Facilities – Letter of Credit (Includes proposed limit of INR0.50 crore) of Rs. 45.50 Cr.
IVR A- (Withdrawn)

IVR A2+ (Withdrawn)
Stable

-
05.08.2020 Roto Pumps Ltd Long term Bank Facilities of Rs. 14.00 Cr. (Reduced from Rs. 30.00 crore)

Long Term/Short Term Bank Facilities of Rs. 30.00 Cr.

Short term Bank Facilities of Rs. 2.50 Cr.(Reduced from Rs. 10.00 crore)
IVR A-

IVR A-/ IVR A2+

IVR A2+
Credit watch with developing implication

Credit watch with developing implication

Credit watch with developing implication
05.08.2020 Swift Financial Results Ltd Long Term Bank Facilities of Rs. 22.39 Cr.

Short Term Bank Facilities of Rs. 0.50 Cr.
IVR BB-

IVR A4
Stable

-
04.08.2020 Ahalia Money Exchange & Financial Services Private Limited (AMEFSPL) Long Term Fund Based Facility – Cash Credit of Rs. 21.00 Cr.

Long Term Fund Based Facility – WCDL of Rs. 3.00 Cr.
IVR BB+

IVR BB+
Stable

Stable
03.08.2020 Trishul Dealcom Pvt Ltd Proposed Long Term Bank Facilities- Cash Credit of Rs. 25.00 Cr. (enhanced from 50.50) IVR BB+ (ISSUER NOT COOPERATING) Stable
03.08.2020 Saraf Trexim Limited Short Term Bank Facilities of Rs. 60.50 Cr. (enhanced from 50.50) IVR A4+ (Reaffirmed) -
03.08.2020 Rajaramsevak Multipurpose Cold Storage Pvt Ltd (RMCSPL) Long Term Facilities- Working Capital Loan of Rs. 0.96 Cr.

Long Term Facilities- Working Capital Demand Loan of Rs. 9.07 Cr.

Long Term Facilities- Term Loan of Rs. 1.59 Cr.

Long Term Facilities- Bank Guarantee of Rs. 0.20 Cr.
IVR D

IVR D

IVR D

IVR D
-

-

-

-
03.08.2020 Goddess Textiles Private Limited Long Term Bank Facilities of Rs. 9.00 Cr. IVR B+ Stable
03.08.2020 Paul Merchants Finance Private Limited (PMFPL) Long Term Fund Based Facility – Cash Credit of Rs. 50.00 Cr.

Long Term Bank Facility – Working Capital Demand Loan of Rs. 6.40 Cr.

Long Term Proposed Facility of Rs. 20.10 Cr.

Short Term Fund Based Facility – Overdraft of Rs. 43.50 Cr.
IVR BBB+

IVR BBB+

IVR BBB+

IVR A2
Stable

Stable

Stable

-
03.08.2020 ASI Industries Limited (ASI) Term Loans of Rs. 153.13 Cr.

Long Term / Short Term Working Capital Facilities – WCDL/CC/LC/BG of Rs. 52.00 Cr.

Short Term Working Capital Facilities – LC of Rs. 26.00 Cr.
IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

-
31.07.2020 Piccadily Agro Industries Limited Long Term Bank Facilities of Rs. 95.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BBB

IVR A3+
Stable

-
30.07.2020 Shivtex Spinning Private Limited Long Term Bank Facilities of Rs. 86.27 Cr.

Short Term Bank Facilities of Rs. 1.70 Cr.
IVR BBB

IVR A3+
Stable

-
30.07.2020 Giriraj Iron Limited [GIL] (Additional Limit) Long Term/ Short Term Fund based/ Non-Fund based facilities Letter of Credit of Rs. 20.00 Cr. (enhanced from 15.00)

Long Term Fund based facilities Cash Credit of Rs. 15.00 Cr.
IVR BBB- (Reaffirmed)

IVR BBB-
Negative

Negative
30.07.2020 Giriraj Exim Private Limited [GEPL] (Additional Limit) Long Term Fund based facilities Cash Credit of Rs. 48.00 Cr.

Short Term Fund based facilities Channel Finance Working Capital facility of Rs. 20.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3
Negative

-
30.07.2020 Suncity Sheets Private Limited (SSPL) Long Term Fund Based Facility – Cash Credit of Rs. 29.00 Cr.

Long Term Fund Based Facility – Term Loans of Rs. 1.83 Cr. (Reduced from INR17.69 Crore)

Short Term Non Fund Based Facility– Letter of Credit of Rs. 33.00 Cr.
IVR A- (Re-affirmed)

IVR A- (Re-affirmed)

IVR A2+ (Re-affirmed)
Stable

Stable

-
30.07.2020 Clan Vitrified Private Limited [CVPL] Long Term-Fund Based-Term Loan of Rs. 19.15 Cr.

Long Term-Fund Based-Cash Credit of Rs. 10.00 Cr.

Short Term-Non Fund Based-Bank Guarantee of Rs. 5.20 Cr.
IVR BB

IVR BB

IVR A4
Stable

Stable

-
29.07.2020 Enzotech Solutions Private Limited Long Term /Short Term Bank Facilities (Proposed) of Rs. 3.00 Cr. IVR B+ / IVR A4 Stable / -
29.07.2020 Harman Finochem Ltd Long Term Fund Based Facilities of Rs. 50.00 Cr.

Short Term Non Fund Based Facilities of Rs. 10.00 Cr.
IVR A- (ISSUER NOT COOPERATING)

IVR A2+ (ISSUER NOT COOPERATING)
Stable

-
29.07.2020 D.N. Homes Private Limited Long Term Fund Based Bank Facilities – Term Loan of Rs. 25.00 Cr.

Long Term Fund Based Bank Facilities – Cash Credit of Rs. 5.00 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
28.07.2020 Kushal Polysacks Private Limited Long Term Bank Facilities of Rs. 36.00 Cr. IVR BB+ Stable
27.07.2020 Kataria Automobiles Private Limited (KAPL) Long Term Fund Based Facility – Cash Credit of Rs. 155.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 5.78 Cr.

Short Term Non Fund Based Facility – Bank Guarantee of Rs. 30.00Cr.
IVR BBB-

IVR BBB-

IVR A3
Negative

Negative

-
24.07.2020 Shivalik Power & Steel Private Limited Long Term Fund Based Bank Facilities – Cash Credit of Rs. 15.00 Cr. IVR BBB- Stable
24.07.2020 Shivalik Engineering Industries Limited Long Term Fund Based Bank Facilities – Cash Credit of Rs. 25.90 Cr.

Long Term Fund Based Bank Facilities – Term Loan of Rs. 34.10 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
24.07.2020 Siddhi Cotspin Private Limited Long Term Bank Facilities of Rs. 112.61 Cr.

Short Term Bank Facilities of Rs. 3.00 Cr.
IVR BBB

IVR A3+
Stable

-
24.07.2020 Sanskar Agro Processors Pvt Ltd Long Term Bank Facility – Fund Based – Cash Credit of Rs. 23.50 Cr.

Long Term Bank Facility – Fund Based – Term Loan of Rs. 11.12 Cr. (Reduced from INR 15.64 crore)

Long Term Bank Facility – Non Fund Based – Bank Guarantee of Rs. 1.50 Cr.
IVR BBB- (Re-affirmed)

IVR BBB- (Re-affirmed)

IVR BBB- (Re-affirmed)
Stable

Stable

Stable
23.07.2020 Golden Peace Infrastructure Pvt Ltd Long Term Bank Facility of Rs. 25.00 Cr. IVR BBB- Stable
23.07.2020 N.E. Agency Long Term Bank Facilities - Cash Credit of Rs. 5.00 Cr.

Long Term / Short Term bank facilities (Proposed) of Rs. 21.00 Cr.
IVR B+ (ISSUER NOT COOPERATING)

IVR B+/A4 (ISSUER NOT COOPERATING)
-

-
23.07.2020 Global Powersource (India) Pvt Ltd Long Term Bank Facilities of Rs. 18.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BBB-

IVR A3
Negative

-
23.07.2020 Giriraj Iron Limited [GIL] Long Term/ Short Term Fund based/ Non-Fund based facilities Letter of Credit of Rs. 15.00 Cr.

Long Term/ Short Term Fund based/ Non-Fund based facilities Cash Credit of Rs. (15.00) Cr.
IVR A3

IVR BBB-
-

Negative
23.07.2020 Giriraj Exim Private Limited [GEPL] Long Term Fund based facilities Cash Credit of Rs. 48.00 Cr. IVR BBB- Negative
22.07.2020 GP Petroleums Ltd Long Term/ Short Term Bank Facilities of Rs. 220.00 Cr. IVR A- / IVR A2+ Stable / -
22.07.2020 Vandana Ispat Limited Long Term Bank Facilities of Rs. 40.00 Cr.

Short Term Bank Facilities of Rs. 2.48 Cr.
IVR BBB-

IVR A3
Stable

-
21.07.2020 Pushpganga Minerals LLP Long Term Fund Based Bank Facilities – Cash Credit of Rs. 15.00 Cr.

Short Term Non-Fund Based Bank Facilities – Letter of Credit of Rs. 15.00 Cr.
IVR BBB-

IVR A3
Positive

-
21.07.2020 Hindusthan Loha Limited Long Term Fund Based Bank Facilities – Cash Credit of Rs. 6.00 Cr.

Short Term Fund Based Bank Facilities – ODBD of Rs. 19.00 Cr.
IVR BBB-

IVR A3
Positive

-
21.07.2020 Agrasen Ispat Private Limited Long Term Fund Based Bank Facilities – Cash Credit of Rs. 29.50 Cr.

Short Term Non-Fund Based Bank Facilities – Bank Guarantee of Rs. 4.00 Cr.
IVR BBB-

IVR A3
Positive

-
20.07.2020 Universal Knitwears Long term Bank Facilities of Rs. 8.00 Cr.

Short term Bank Facilities of Rs. 10.50 Cr.
IVR BB (ISSUER NOT CO-OPERATING)

IVR A4 (ISSUER NOT CO-OPERATING)
Stable

-
20.07.2020 Rawalwasia Textile Industries Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 30.00 Cr.

Short Term Facility – Derivative Limit of Rs. 1.50 Cr.
IVR BBB-

IVR A3
Stable

-
20.07.2020 JAM Hotels and Resorts Private Limited Long Term Fund Based Bank Facilities (Proposed) of Rs. 2.00 Cr. IVR BB Stable
20.07.2020 Bhatia Trading Company Long Term Bank Facilities of Rs. 6.00 Cr. IVR B+ (ISSUER NOT CO-OPERATING) Stable
16.07.2020 Sunrise Gilts and Securities Private Limited Long term Bank Facilities of Rs. 35.00 Cr.

Long Term Bank Facilities - Proposed of Rs. 70.00 Cr.
IVR AA+ (CE)

Provisional** IVR AA+ (CE)
Stable

Stable
16.07.2020 Supermax Personal Care Private Limited [SPCPL] Long Term/ Short Term Fund based facilities PCFC of Rs. 4.00 Cr.

Long Term/ Short Term Fund based facilities FDBP of Rs. 32.50 Cr.

Long Term/ Short Term Fund based facilities CC of Rs.(4.00) Cr.

Short Term Non-Fund based facilities BG/ LC of Rs. 58.92 Cr.
IVR A4

IVR A4

IVR BB-

IVR A4
-

-

Stable

-
16.07.2020 Reliable Cashew Company Private Limited Long term Bank Facilities of Rs. 59.47 Cr.

Long Term /Short Term Bank Facilities of Rs. 35.00 Cr.

Short Term Bank Facilities of Rs. 5.50 Cr.
IVR BB+

IVR BB+

IVR A4+
Stable

Stable

-
16.07.2020 Nayati Medical Private Limited Long Term Fund Based Bank Facilities of Rs. 10.00 Cr. IVR BBB- (Reaffirmed) Stable
15.07.2020 Maple Panels Private Limited [MPPL] Long Term-Fund Based-Term Loan of Rs. 10.44 Cr.

Long /Short Term-Fund/Non Fund Based-Cash Credit (LC-Sublimit of CC) of Rs. 7.50 (3.00) Cr.

Short Term-Non Fund Based-Bank Guarantee of Rs. 1.00 Cr.

Short Term-Non Fund Based-Letter of Credit of Rs. 3.00 Cr.
IVR BBB-

IVR BBB-

IVR A3

IVR A3
Stable

Stable

-

-
15.07.2020 Active Clothing Co Limited (ACCL) Long Term Fund Based Facility – Cash Credit of Rs. 58.44 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 12.18 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
13.07.2020 P.K. Pharmatech Private Limited (PKPL) Long Term Bank Facility – Cash Credit of Rs. 6.00 Cr.

Short Term Bank Facility – Letter of Credit of Rs. 16.90 Cr.
IVR BB+

IVR A4+
Stable

-
11.07.2020 Shanthi Vijaya Saw Mill (SVSM) Long Term Fund Based Bank Facility – Cash Credit of Rs. 3.00 Cr.

Long Term / Short Term Fund / Non Fund Based Bank Facility – Cash Credit / Inland / Import LC of Rs. 4.00 Cr.

Short Term Non Fund Based Bank Facility – Inland / Import LC of Rs. 8.00 Cr.
IVR BB-

IVR BB-

IVR A4
Stable

Stable

-
11.07.2020 Jalaram Agriexports Private Limited Long Term Bank Facilities of Rs. 1.15 Cr.

Short Term Bank Facilities of Rs. 26.50 Cr.
IVR BBB-

IVR A3
-

-
10.07.2020 Pantheon Infrastructure Private Limited (PIPL) Proposed Term Loan (LRD Facility)of Rs. 500.00 Cr. Provisional IVR AA Stable
10.07.2020 Amar Infrastructure Limited Long term Bank Facility- Cash Credit of Rs. 25.00 Cr.

Short Term Bank Facility- Bank Guarantee of Rs. 122.00 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

-
10.07.2020 LSC Infratech Limited Long Term Bank Facilities of Rs. 170.00 Cr. (Increased from INR 116.00 crore)

Short Term Bank Facilities of Rs. 30.00 Cr. (Increased from INR 10.00 crore)
IVR BBB+ (Reaffirmed)

IVR A2 (Reaffirmed)
Stable

-
09.07.2020 Maruti Spintex Private Limited (MSPL) (Additional Limits) Long Term Fund Based Facility – Term Loans of Rs. 39.08 Cr.

Long Term Fund Based Facility – Cash Credit of Rs. 22.50 Cr.

Short Term Non Fund Based Facility– Bank Guarantee of Rs. 5.18Cr.
IVR BBB-

IVR BBB- (Re-affirmed)

IVR A3 (Re-affirmed)
Stable

Stable

-
08.07.2020 Sree Saravana Engineering Bhavani Private Limited Bank Facilities- Long Term of Rs. 5.00 Cr.

Bank Facilities- Short Term of Rs. 35.00 Cr.
IVR BB+

IVR A4+
Stable

-
08.07.2020 LSC Infratech Limited Long Term Bank Facilities of Rs. 116.00 Cr.

Short Term Bank Facilities of Rs. 10.00 Cr.
IVR BBB+

IVR A2
-

-
06.07.2020 KBC Infrastructures Pvt Ltd Long Term Bank Facilities of Rs. 17.98 Cr.

Short Term Bank Facilities of Rs. 8.00 Cr.
IVR BB

IVR A4
Stable

-
06.07.2020 Jay Bharat Steel Corporation Long term Bank Facilities of Rs. 18.17 Cr. IVR BBB- Stable
06.07.2020 Gulf Petrochem India Pvt Ltd Long Term Bank Facilities- Term Loan of Rs. 114.00 Cr. IVR A-(CE) Stable
06.07.2020 Ganesh Benzoplast Ltd (GBL) Long Term Debt – Term Loan of Rs. 25.09 Cr. (Reduced from INR 40.025 crore)

Long Term/Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 8.25 Cr. (enhanced from INR 3.25 crore)

Proposed Long Term/Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 4.73 Cr.
IVR BBB- (Re-affirmed)

IVR BBB-/ IVR A3 (Re-affirmed)

IVR BBB- / IVR A3 (Re-affirmed)
Stable

Stable

Stable
03.07.2020 Bravo Sponge Iron Private Limited Long Term Fund Based Facilities of Rs. 167.29 Cr. (reduced from 174.50)

Short Term Non Fund Based Facilities of Rs. 40.50 Cr.
IVR BBB (Reaffirmed)

IVR A3+ (Reaffirmed)
Stable

-
03.07.2020 Udit Infraworld Private Limited (UIPL) Long Term Bank Facility – Cash Credit of Rs. 4.50 Cr.

Short Term Bank Facility – Bank Guarantee of Rs. 32.00 Cr.

Long Term Proposed Facility – Proposed Cash Credit of Rs. 15.50 Cr.

Short Term Proposed Facility – Proposed Bank Guarantee of Rs. 23.00 Cr.
IVR BBB

IVR A3+

IVR BBB

IVR A3+
Stable

-

Stable

-
03.07.2020 Sonar Casting Limited Long Term Bank Facilities of Rs. 68.25 Cr. (enhanced from Rs.19.00)

Short Term Bank Facilities of Rs. 2.70 Cr. (enhanced from Rs.1.00)
IVR BBB(CE) (Reaffirmed)

IVR A3+(CE) (Reaffirmed)
Stable

-
03.07.2020 Nandhana Hotels Private Limited Long term Bank Facilities of Rs. 54.87 Cr.

Short term Bank Facilities of Rs. 2.50 Cr.
IVR BB+

IVR A4+
Stable

-
03.07.2020 Nandhana Foods Private Limited Long term Bank Facilities of Rs. 54.87 Cr. IVR BB+ Stable
02.07.2020 Hi Bond Cement India Private Limited Long Term Facility – Term Loan of Rs. 12.65 Cr.

Long Term Facility – Fund Based of Rs. 30.00 Cr.

Long Term Facility – Non Fund Based of Rs. 2.00 Cr.
IVR BBB+ (Reaffirmed)

IVR BBB+ (Reaffirmed)

IVR BBB+
Stable

Stable

Stable
02.07.2020 Capri Global Capital Ltd. (CGCL) Term Loans of Rs. 1931.09 Cr. (Increased from 1498.95)

Proposed Term Loans of Rs. 2448.91 Cr.(Reduced from 2,881.05)

Cash Credit of Rs. 120.00 Cr.

Non-Convertible Debentures of Rs. 00.00 Cr. (Reduced from 75.00)

Non-Convertible Debentures of Rs. 150.00 Cr.

Proposed Non-Convertible Debentures of Rs. 150.00 Cr. (Reduced from 225.00)

Proposed Commercial Papers of Rs. 350.00 Cr.
IVR AA-

IVR AA-

IVR AA-

Withdrawn


IVR AA-

IVR AA-

IVR A1+ (Reaffirmed)
Stable

Stable

Stable

-

Stable

Stable

-
02.07.2020 JCO Gas Pipe Limited Proposed Long Term Bank Facilities of Rs. 10.00 Cr.

Proposed Short Term Bank Facilities of Rs. 40.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-
02.07.2020 StarAgri Finance Ltd (SFL) Proposed Non-Convertible Debenture (NCD) of Rs.50.00 Cr. IVR BBB Negative
02.07.2020 Maruti Spintex Private Limited (MSPL) Long Term Fund Based Facility – Cash Credit of Rs. 22.50 Cr.

Short Term Non Fund Based Facility– Bank Guarantee of Rs. 5.18 Cr.
IVR BBB-

IVR A3
Stable

-
02.07.2020 GP Global Energy Pvt Ltd Long Term Bank Facilities of Rs. 162.00 Cr.

Short Term Bank Facilities of Rs. 75.00 Cr.
IVR A-(CE)

IVR A2+(CE)
Stable

-
02.07.2020 GP Global Asphalt Pvt Ltd Long Term Bank Facilities of Rs. 93.00 Cr.

Short Term Bank Facilities of Rs. 45.00 Cr.

Proposed Short Term Bank Facilities of Rs. 25.00 Cr.
IVR A-(CE)

IVR A2+(CE)

IVR A2+(CE)
Stable

-

- < /td>
01.07.2020 J P Sortex Private Limited Long term - Bank Facilities of Rs. 37.00 Cr.

Short Term - Bank Facilities of Rs. (29.00) Cr.

Short Term - Bank Facilities of Rs. (12.00) Cr.
IVR BBB-

IVR A3

IVR A3
Stable

-

-
01.07.2020 Del Trade International Private Limited Long Term Bank Facilities of Rs. 15.00 Cr.

Short Term Bank Facilities of Rs. 33.50 Cr.

Proposed Limit of Rs. 1.50 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR A3
Positive

-

-
01.07.2020 ACN Infotech (India) Private Limited Short Term Non-Fund Based Limits (Foreign Bank Guarantee)of Rs. 52.00 Cr. IVR A3 (Reaffirmed) -
01.07.2020 Vijay Transformers Long Term Fund Based Facility of Rs. 2.50 Cr.

Long Term/Short Term Non Fund Based Facility of Rs. 5.00 Cr.

Short Term Non Fund Based of Rs. 1.00 Cr.
IVR B+ (ISSUER NOT COOPERATING)

IVR B+(ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

-
01.07.2020 SVR Electricals Private Limited Long Term Bank Facility of Rs. 7.25 Cr.

Long Term/Short Term Bank Facilities of Rs. 18.75 Cr.

Short Term Bank Facility of Rs. 1.00 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

-
01.07.2020 Lekcon Infrastructure Private Limited Long Term Bank Facilities – Cash Credit of Rs. 24.00 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 116.00 Cr. (enhanced from Rs.91.00 crore and Including proposed limit of Rs.26.00 crore)
IVR BBB+

IVR A2
Stable

-
01.07.2020 Kashvi International Private Limited Long Term Bank Facilities of Rs. 27.75 Cr.

Short Term Bank Facilities of Rs. 7.50 Cr.
IVR BBB-

IVR A3
Positive

-
01.07.2020 Shri Dutt India Private Limited [SDIPL] Long Term-Fund Based-Term Loan of Rs. 20.00 Cr.

Long Term-Fund Based-EPC/PCFC of Rs. 140.00 Cr.

Long Term-Fund Based-Cash Credit of Rs. 121.00 Cr.

Long Term-Fund Based-Ware House Loan of Rs. 150.00 Cr.

Short Term-Non Fund Based-Bank Guarantee of Rs. 10.00 Cr.

Short Term-Non Fund Based-Derivative/FC of Rs. 5.77 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR BBB-

IVR A3

IVR A3
Stable

Stable

Stable/-

Stable

-

-
01.07.2020 Palriwal Industries Private Limited Long Term Bank Facilities of Rs. 38.50 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.

Long Term/ Short Term Bank Facilities of Rs. 18.50 Cr.

Proposed Long term Bank Facilities of Rs. 1.20 Cr.
IVR BBB-

IVR A3

IVR BBB-/A3

IVR BBB-
Stable

-

Stable/-

Stable
29.06.2020 Mangalmoyee Maa Chandi Multipurpose Cold Storage Pvt Ltd Long Term Bank Facilities of Rs. 10.56 Cr. IVR B- (ISSUER NOT COOPERATING) Stable
29.06.2020 Maa Jay Chandi Multipurpose Cold Storage Pvt Ltd Long Term Bank Facilities of Rs. 8.00 Cr. IVR B- (ISSUER NOT COOPERATING) Stable
29.06.2020 Kartick Chandra Agro Products Private Limited Long Term Bank Facilities of Rs. 11.66 Cr. IVR B- (ISSUER NOT COOPERATING) Stable
26.06.2020 Chrysalis Trading Private Limited Long Term Facility – Fund Based – Cash Credit of Rs. 15.00 Cr. IVR BB (Re-affirmed) Stable
25.06.2020 OneOTT Intertainment Limited (OIL) Long Term Fund Based Facility - Cash Credit of Rs. 2.00 Cr.

Proposed Long Term Fund Based Facility of Rs. 12.00 Cr.

Long Term / Short Term Non-Fund Based Facility – Capex Letter of Credit of Rs. 8.00 Cr.
IVR A+

IVR A+

IVR A+
Stable

Stable

Stable
25.06.2020 NXT Digital Limited (NDL) Long Term Facility – Term Loan of Rs. 195.00 Cr.

Proposed Long Term Fund Based Facility of Rs. 125.00 Cr.
IVR A+

IVR A+
Stable

Stable
25.06.2020 Cruso Granito Private Limited Long Term Bank Facilities of Rs. 50.55 Cr.

Short Term Bank Facilities of Rs. 3.00 Cr.
IVR BB

IVR A4
Stable

-
25.06.2020 Sunstream City Private Limited Non-Convertible Debentures (NCDs) (Zero Coupon Bonds) of Rs. 817.90 Cr. IVR B- (ISSUER NOT COOPERATING)(Reaffirmed) Negative
25.06.2020 Parsvnath Estate Developers Private Limited Proposed Non-Convertible Debenture (NCD) of Rs. 100.00 Cr. IVR B+ (Reaffirmed) Stable
24.06.2020 Autolite (India) Limited Long Term Bank Facilities – Term Loan of Rs. 2.00 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 7.00 Cr.

Short Term Bank Facilities – Packing Credit of Rs. 6.00 Cr.

Short Term Bank Facilities – Foreign Bill Discounting of Rs. 2.50 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 2.50 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 1.00 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

-

-

-

-
23.06.2020 Panchal Agro Fresh Long Term Fund Based Facility – Term Loan of Rs. 20.16 Cr.

Long Term Fund Based Facility – Cash Credit of Rs. 4.19 Cr.
IVR B+

IVR B+
Stable

Stable
22.06.2020 Sonar Casting Limited Long Term Bank Facilities of Rs. 19.00 Cr.

Short Term Bank Facilities of Rs. 1.00 Cr.
IVR BBB(CE)

IVR A3+(CE)
Stable

-
22.06.2020 Bija Agrifresh Private Limited Long Term Bank Facilities of Rs. 39.18 Cr. IVR BB+ Stable
22.06.2020 UTTAMENERGY LIMITED (UEL) Long Term Facility – Fund Based – Cash Credit of Rs. 20.00 Cr.

Short Term Facility – Non Fund Based - Bank Guarantee of Rs. 15.00 Cr.

Short Term Facility – Non Fund Based - Bank Guarantee of Rs. 33.00 Cr.

Short Term Facility – Non Fund Based – Letter of Credit of Rs. 15.00 Cr.
IVR BBB

IVR A3+

IVR A3+

IVR A3+
Stable

-

-

-
22.06.2020 M.M. Industries Long Term Bank Facilities- Cash Credit of Rs. 4.00 Cr.

Short Term Bank Facilities- LC of Rs. 15.00 Cr.
IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
19.06.2020 SPA Global Private Limited [SGPL] Fund based (Long Term) Cash Credit (G. Sec. only) of Rs. 25.00 Cr. IVR AA+ (CE) Stable
19.06.2020 Fortune Chemicals Ltd Long Term Bank Facilities – Proposed Term Loan of Rs. 45.00 Cr.

Long Term Bank Facilities – Cash Credit (Proposed) of Rs. 5.00 Cr.
IVR B+ (ISSUER NOT COOPERATING)

IVR B+ (ISSUER NOT COOPERATING)
Stable

Stable
19.06.2020 S.V. Distributors Private Limited Long Term Bank Facilities – Cash Credit of Rs. 64.00 Cr.

Long Term Bank Facilities – Proposed Cash Credit of Rs. 24.00 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 1.00 Cr.
IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

-
19.06.2020 MMG Holdings Private Limited Long Term Bank Facilities – Term Loans of Rs. 15.04 Cr. IVR BB+ (ISSUER NOT COOPERATING) Stable
18.06.2020 Vikram India Limited Long Term Bank Facilities- Term Loan of Rs. 2.46 Cr.

Long Term Bank Facilities- Cash Credit of Rs. 30.00 Cr.

Short Term Bank Facilities- PC/PCFC of Rs. 11.00 Cr.

Short Term Bank Facilities- Letter of Credit of Rs. 17.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)

IVR BB+ (ISSUER NOT COOPERATING)

IVR A4+ (ISSUER NOT COOPERATING)

IVR A4+ (ISSUER NOT COOPERATING)
Stable

Stable

-

-
18.06.2020 Shivam Iron & Steel Company Limited Long Term Bank Facilities – Cash Credit of Rs. 125.00 Cr. (Enhanced from Rs.15.00 crore)

Long Term Bank Facilities – Term Loan of Rs. 33.69 Cr.

Short Term Bank Facilities - Letter of Credit of Rs. 32.00 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 18.90 Cr. (Including proposed limit of Rs.15.00 crore)
IVR BBB- (Reaffirmed)

IVR BBB-

IVR A3

IVR A3
Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications

Credit Watch with Developing Implications
17.06.2020 Ajanta Spintex Private Limited Long Term Bank Facilities of Rs. 28.87 Cr.

Short Term Bank Facilities of Rs. 2.05 Cr.
IVR B

IVR A4
Stable

-
16.06.2020 Val-met Engineering Private Limited Long Term Bank Facilities – Fund Based of Rs. 8.90 Cr.

Long Term Bank Facilities – Non Fund Based of Rs. 25.20 Cr.
IVR BB+

IVR BB+
Positive

Positive
16.06.2020 Omkara Assets Reconstruction Private Limited Proposed Fund Based Working Capital Facilities – Cash Credit of Rs.150.00 Cr. IVR BBB+ Positive Outlook
16.06.2020 GMR Energy Trading Limited Long Term Fund based – Term Loan of Rs. 280.15 Cr.

Long Term Fund based – Cash Credit of Rs. 10.00 Cr.

Short Term Fund based – Working Capital Demand Loan of Rs. 49.00 Cr. ((reduced from INR 50))

Short Term Non-Fund based of Rs. 11.00 Cr. (reduced from INR 25)

Proposed Short Term Working Capital limit of Rs. 15.00 Cr.
IVR BBB- (CE)

IVR BBB- (CE) (Reaffirmed)

IVR A3 (CE) (Reaffirmed)

IVR A3 (CE) (Reaffirmed)

IVR A3 (CE)
Stable

Stable

-

-

-
16.06.2020 Asandas and Sons Private Limited Long term Fund based Bank Facility – Term Loans of Rs. 33.27 Cr. (Reduced from INR33.62 Crore)

Long term Bank Facility – External Commercial Borrowings in Foreign Currency Denomination of Rs. 42.00 Cr.

Long term Fund based Bank Facility – Cash Credit of Rs. 22.00 Cr.

Short term Non Fund based Facility – Bank Guarantee of Rs. 8.50 Cr.

Long term Fund based Bank Facility – Term Loan of Rs. 7.20 Cr.

Long term Fund based Bank Facility – Cash Credit of Rs. 12.00 Cr.

Proposed Long term Fund based Bank Facility – Proposed Cash Credit of Rs. 6.00 Cr.
IVR BBB (Revised)

IVR BBB (Revised)

IVR BBB (Revised)

IVR A3+ (Revised)

IVR BBB

IVR BBB

IVR BBB
Stable

Stable

Stable

-

Stable

Stable

Stable
13.06.2020 Lendingkart Finance Limited Long term Bank Facilities - Proposed of Rs. 150.00 Cr.

Unallocated (NCD/Long Term /Short Term Bank Facilities) of Rs. 350.00 Cr.
IVR A-

IVR A- /IVR A2+
Stable

Stable /-
13.06.2020 Gupta H.C Overseas (India) Private Limited Long Term Bank Facilities of Rs. 60.00 Cr.

Short Term Bank Facilities of Rs. 9.00 Cr.
IVR A-

IVR A2+
Stable

-
13.06.2020 M3M India Private Limited Proposed NCD of Rs. 100.00 Cr.

Proposed NCD of Rs. 250.00 Cr.
IVR BBB (Reaffirmed)

IVR BBB (Reaffirmed)
Stable

Stable
12.06.2020 JR Super Specialty Hospitals Private Limited Long Term Fund Based Bank Facilities (Proposed) of Rs. 60.00 Cr. IVR BBB- Stable
12.06.2020 Siddhi Weaves Private Limited Long Term Bank Facilities of Rs. 44.24 Cr.

Long term/Short term Bank Facilities of Rs. 27.00 Cr.
IVR BBB

IVR BBB / IVR A3+
Stable

Stable/-
12.06.2020 Ankush Shikshan Sanstha Cash Credit of Rs. 19.00 Cr. IVR BB- (Withdrawn) Stable
10.06.2020 United Ciigma Institute of Medical Sciences Private Limited Long Term Debt – Term Loan of Rs. 126.75 Cr.

Long Term Fund Based Limits of Rs. 20.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)

IVR BB+ (ISSUER NOT COOPERATING)
Stable

Stable
10.06.2020 Shivam Iron & Steel Company Limited Long Term Bank Facilities of Rs. 15.00 Cr. IVR BBB- Credit watch with developing implications
09.06.2020 Sewa Singh Oberoi & Company Long Term Bank Facility- Cash Credit of Rs. 2.00 Cr.

Short Term Bank Facility- Bank Guarantee of Rs. 21.00 Cr.
IVR BBB-

IVR A3
Stable

-
09.06.2020 Royal Infraconstru Limited Long term Fund Based Facilities- Cash Credit of Rs. 137.00 Cr.

Long term Bank Facilities- Term Loan of Rs. 8.28 Cr.

Short term Non-Fund Based Facilities- Bank Guarantee of Rs. 205.00 Cr.
IVR A- (Reaffirmed)

IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)
Stable

-

-
09.06.2020 NS Engineering Company Private Limited Long Term Bank Facilities – Cash Credit of Rs. 10.00 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 8.00 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 8.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-

-
05.06.2020 ICICI Prudential Office Yield Optimizer Fund [IPOYOF] ICICI Prudential Office Yield Optimizer Fund of Rs. 700.00 Cr. IVR AA+ (AIF) (Revised & Withdrawn) Stable
05.06.2020 Selene Estate Limited Proposed Non-Convertible Debenture (NCD) of Rs. 100.00 Cr. IVR BB (Reaffirmed) Stable
04.06.2020 Neepa Real Estates Private Limited Proposed Non-Convertible Debenture (NCD) of Rs. 100.00 Cr. IVR BB (Reaffirmed) Stable
04.06.2020 Mittal International Short Term Bank Facilities of Rs. 25.00 Cr. IVR A3+ -
04.06.2020 Ashapura Options Private Limited Bank Facilities- Long Term of Rs. 735.00 Cr. IVR BBB- Stable
04.06.2020 Hyfun Agrilink Private Limited (HAPL) Long Term Bank Facility – Working Capital Demand Loan of Rs. 50.00 Cr.

Long Term Bank Facility – Working Capital Demand Loan of Rs. 5.00 Cr.

Proposed Long Term Fund Based Bank Facilities of Rs. 50.00 Cr.
IVR BBB

IVR BBB

IVR BBB
Stable

Stable

Stable
04.06.2020 Dhanvarsha Finvest Limited (DFL) Proposed Non-Convertible Debenture (NCD) of Rs. 25.00 Cr. IVR BBB- Stable
03.06.2020 KLA Foods India Limited Long term Bank Facilities of Rs. 2.50 Cr.

Short term Bank Facilities of Rs. 17.50 Cr.
IVR BBB-

IVR A3
Negative Outlook

-
03.06.2020 Duke Fabrics (India) Limited Long Term Bank Facilities of Rs. 26.59 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BBB-

IVR A3
Credit watch with developing implications

-
03.06.2020 Ess Ess Kay Engineering Company Private Limited (SSK) ((Additional Limits)) Ess Ess Kay Engineering Company Private Limited (SSK) of Rs. 30.00 Cr. (Enhanced from Rs. 25.00 Crore)

Long Term Fund Based Facility – Term Loans of Rs. 1.34 Cr.

Short Term Fund Based Facility – Bill Discounting of Rs. 0.25 Cr.

Short Term Non Fund Based Facility – Letter of Guarantee of Rs. 17.50 Cr.

Proposed Short Non Fund Based Bank Facility of Rs.0.31 Cr.
IVR BB+ (Reaffirm)

IVR BB+

IVR A4+

IVR A4+

IVR A4+
Stable

Stable

-

-

-
02.06.2020 Indiabulls Real Estate Limited (IBREL) Term Loan of Rs. 215.95 Cr.

Proposed Term Loan of Rs. 274.05 Cr.

NCDs of Rs. 510.00 Cr.

NCDs of Rs. 225.00 Cr.

Commercial Paper of Rs. 1500.00 Cr.
IVR AA-

IVR AA-

IVR AA-

IVR AA

IVR A1+ (Reaffirmed)
Stable

Stable

Stable

Stable

-
02.06.2020 Mulpuri Poultries Long Term Bank Facilities of Rs. 20.00 Cr. IVR BB Stable (ISSUER NOT CO-OPERATING) Stable
01.06.2020 Chemtrade Overseas Private Limited (COPL) Long Term Fund Based Limits of Rs. 5.00 Cr.

Short Term -Fund Based Facilities of Rs. 20.00 Cr.
IVR BB/Stable (ISSUER NOT CO-OPERATING)

IVR A4 (ISSUER NOT CO-OPERATING)
Stable

-
01.06.2020 IQ City Foundation Long Term Bank Facilities- Term Loan of Rs. 197.925 Cr. IVR BB+ Stable
30.05.2020 Primeco Realty Private Limited Long Term - Proposed LRD of Rs. 200.00 Cr. Provisional IVR BBB- Stable
30.05.2020 Simon India Limited Long Term Bank Facilities of Rs. 100.00 Cr. IVR BBB- (CE) Stable
29.05.2020 Hindustan Enviro Life Protection Services Ltd (HELP) Long Term Facility – Fund Based – Cash Credit of Rs. 69.50 Cr. (enhanced from INR 60.00 crore)

Long Term Facility – Fund Based – TL of Rs. 6.38 Cr.

Short Term Facility – Non Fund Based – Letter of Credit of Rs. 12.00 Cr.
IVR BBB- (Revised)

IVR BBB-

IVR A3 (Withdrawn)
Stable

Stable

-
29.05.2020 Varsha Construction Long Term Fund Based Facility – Overdraft/Cash Credit of Rs. 7.00 Cr.

Long Term / Short Term Non Fund Based Facility – Bank Guarantee of Rs. 8.00 Cr.
IVR BB+ (Withdrawn)

IVR BB+ (Withdrawn)
Stable

Stable
28.05.2020 Ess Ess Kay Engineering Company Private Limited (SSK) Long Term Fund Based Facility - Cash Credit of Rs. 25.00 Cr. IVR BB+ Stable
28.05.2020 South Seas Distilleries & Breweries Private Limited (SSDBPL) Proposed Long Term Fund Based Facility - Proposed Term Loan of Rs. 25.00 Cr. IVR BBB- Stable
27.05.2020 OPJ Trading Private Limited (OTPL) Non-Convertible Debentures of Rs. 100.00 Cr. IVR A- (CE) Stable
27.05.2020 Gulf Petroleum FZC Issuer Rating IVR A- [Is] Stable
27.05.2020 Adhikar Microfinance Pvt Ltd Long Term Bank Facilities of Rs. 140.00 Cr. (enhanced from Rs. 50.00) IVR BBB- (Reaffirmed) Stable
27.05.2020 SR Jungle Resort (SRJR) Term Loan of Rs. 18.71 Cr.

Working capital(OD) of Rs. 3.00 Cr.
IVR BB-

IVR A4
Stable

-
27.05.2020 M3M India Private Limited Proposed NCD of Rs. 100.00 Cr.

Proposed NCD of Rs. 250.00 Cr.
IVR BBB

IVR BBB
Stable

Stable
26.05.2020 Sumatichand Gouti Jewellers Private Limited Long Term Fund Based Limits of Rs. 382.00 Cr. IVR BB (ISSUER NOT COOPERATING) Stable
26.05.2020 Surajmull Gouti Long Term Fund Based Limits of Rs. 75.00 Cr. IVR BB- (ISSUER NOT COOPERATING) Stable
26.05.2020 Sustainable Agro-Commercial Finance Limited Bank Facilities- Fund Based Long Term of Rs. 130.90 Cr.

Proposed Long Term Bank Facilities of Rs. 69.10 Cr.
IVR BBB-

IVR BBB-
Credit watch with developing implications

Credit watch with developing implications
26.05.2020 Suraj Agro Infrastructure (India) Private Limited Proposed Term Loan of Rs. 50.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) Stable
26.05.2020 Prayatna Microfinance Limited Long TermBank Facilities of Rs. 50.00 Cr. IVR BBB- Stable
26.05.2020 Kalamboli Structurals and Roofings Private Limited [KSRPL] Proposed Term Loan (LRD Facility) of Rs. 60.00 Cr. (Enhanced from 10.00) Provisional IVR BBB- (Reaffirmed) Stable
23.05.2020 Symcom Exim Pvt Ltd Long Term Bank Facilities of Rs. 75.00 Cr. IVR BB+ Positive
22.05.2020 GMR Infrastructure Limited [GIL] Long Term Fund based – Term Loan of Rs. 2547.37 Cr.(reduced from 2975.59)

Long Term Fund based – NCD of Rs. 252.50 Cr. (reduced from 432.50)

Long Term Fund based – Working Capital limit of Rs. 470.50 Cr.(reduced from 595.50)

Long Term Non-Fund based of Rs. 555.95 Cr.(reduced from 623.40)

Short Term Non-Fund based of Rs. 226.83 Cr.(reduced from 253.83)
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

Stable

Stable

Stable

-
22.05.2020 TR Sawhney Motors Private Limited Bank Facilities- Long Term of Rs. 70.00 Cr.

Bank Facilities- Short Term of Rs. 119.00 Cr.

Proposed Bank Facilities-Long Term/ Short Term of Rs. 11.00 Cr.
IVR BBB+

IVR A2

IVR BBB+/IVR A2
Stable

-

Stable/-
22.05.2020 TR Sawhney Automobiles Private Limited Bank Facilities- Long Term of Rs. 33.50 Cr.

Bank Facilities- Short Term of Rs. 68.00 Cr.
IVR BBB+

IVR A2
Stable

-
21.05.2020 Kandhan Knitss Packing Credit of Rs. 10.00 Cr.


Proposed long term Facilities of Rs. 1.00 Cr.



Short term Facilities – Bill Discounting of Rs. 7.00 Cr.
IVR B- (ISSUER NOT COOPERATING)

IVR B- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable


Stable



-
21.05.2020 Rudra Aerospace & Defence Private Limited Long-Term Bank Facility- Term Loan (Proposed) of Rs. 10.00 Cr.

Long-Term Bank Facility- Cash Credit (Proposed) of Rs. 5.00 Cr.
Provisional IVR BBB- [CE]

Provisional IVR BBB- [CE]
Stable

Stable
21.05.2020 Foram Exim LLP Long Term/Short Term Fund based/Non Fund Based Bank Facility – Cash Credit/Letter of Credit of Rs. 5.00 Cr.


Short Term Facility – Non-Fund Based – Letter of Credit of Rs. 45.00 Cr.
IVR BBB/ IVR A3+



IVR A3+
Credit Watch with Developing Implications

Credit Watch with Developing Implications
21.05.2020 D M Corporation Short Term Facility – Non-Fund Based – Letter of Credit of Rs. 40.00 Cr. IVR A3+ Credit Watch with developing implications
21.05.2020 Begunia Projects Private Limited Long Term Fund Based Facility of Rs. 5.00 Cr. IVR B+ (ISSUER NOT COOPERATING) Stable
21.05.2020 Aryan Enterprise Short Term Facility – Non-Fund Based – Letter of Credit of Rs. 40.00 Cr. IVR A3+ Stable
20.05.2020 Airflow Equipments India Private Limited (AEIPL) Long Term Fund Based Facility – Cash Credit of Rs. 35.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 14.00 Cr.

Long Term / Short Term Non Fund Based Bank Facility –Bank Guarantee/ Letter of Credit of Rs. 20.00 Cr.
IVR BBB-

IVR BBB-

IVR BBB- / IVR A3
Stable

Stable

Stable / -
20.05.2020 Femina Shopping Mall Private Limited Long Term Bank Facilities of Rs. 19.80 Cr. (enhanced from 18.00) IVR BB Stable
20.05.2020 Advanced Computers and Mobiles India Private Limited[ACMIPL] Long Term Fund Based Limits of Rs. 125.50 Cr. (including proposed limit of INR29.50 crore)

Long Term Debt- Term Loan of Rs. 46.00 Cr.

Short Term -Fund Based Facilities of Rs. 18.50 Cr.

Short Term Non-Fund Based Facilities of Rs. 10.00 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

-

-
20.05.2020 Karnal Food Pack Cluster Limited [KFPCL] Long Term –Term Loan of Rs. 8.00 Cr. IVR BB+ (Revised) Stable
19.05.2020 Sara International Private Limited Long Term/Short Term- Bank Facilities of Rs. 58.00 Cr.

Short Term - Bank Facilities of Rs. 32.00 Cr.
IVR BBB-

IVR A3
Stable

-
19.05.2020 Nisa Industrial Services Pvt. Ltd. (NISPL) Fund based Bank Facilities – Cash Credit of Rs. 115.68 Cr. (Includes proposed limit of 0.68 Crs)

Fund based Bank Facilities – Term Loans of Rs. 58.93 Cr.

Fund based Bank Facilities – LAP of Rs. 8.39 Cr.

Non Fund based Bank Facilities – Bank Guarantee of Rs. 15.00 Cr.
IVR A

IVR A

IVR A

IVR A1
Stable

Stable

Stable

-
19.05.2020 Cattleya Technosys Pvt. Ltd. (CTPL) Proposed Fund based Bank Facilities – Cash Credit of Rs. 5.00 Cr. IVR A Stable
19.05.2020 Kalamboli Structurals and Roofings Pvt. Ltd [KSRPL] Proposed Term Loan (LRD Facility) of Rs. 10.00 Cr. Provisional IVR BBB- Stable
19.05.2020 Century Extrusions Limited Long Term Bank Facilities- Term Loan of Rs. 8.69 Cr.

Long Term Bank Facilities- Cash Credit of Rs. 48.00 Cr.

Long Term Bank Facilities-Channel Financing of Rs. 5.00 Cr.

Short Term Bank Facilities-Letter of Credit of Rs. 11.00 Cr.

Short Term Bank Facilities-Bank Guarantee of Rs. 4.50 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR A3

IVR A3 (Re-affirmed)
Stable

Stable

Stable

-

-
19.05.2020 Rudra Green Ship Recycling Private Limited Long Term/Short Term Bank Facilities of Rs. 150.00 Cr. (including proposed limit of Rs.62.00 crore) IVR BBB- [CE] / IVR A3 [CE] Stable/-
18.05.2020 Kamal & Associates Private Limited Bank Facilities- Long Term of Rs. 5.00 Cr.

Bank Facilities- Short Term of Rs. 5.00 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
18.05.2020 Swambhunath Cold Storage Pvt Ltd Long Term Bank Facilities of Rs. 8.76 Cr. IVR B- (ISSUER NOT COOPERATING) Stable
18.05.2020 Shashiradha Cold Storage Pvt Ltd Long Term Bank Facilities of Rs. 9.90 Cr. IVR B- (ISSUER NOT COOPERATING) Stable
18.05.2020 Shashadhar Cold Storage Pvt Ltd Long Term Bank Facilities of Rs. 8.70 Cr. IVR B- (ISSUER NOT COOPERATING) Stable
18.05.2020 Indiabulls Rural Finance Private Limited (IRFPL) Proposed Non-Convertible Debenture (NCD) of Rs. 500.00 Cr. IVR A Stable
18.05.2020 Intex Technologies (India) Limited (ITIL) Long Term Fund Based Limits of Rs. 39.00 Cr.

Long Term Debt - Term Loan of Rs. 11.04 Cr.

Long Term Non - Fund Based Facilities of Rs. 1.00 Cr.

Short Term Non - Fund Based Facilities of Rs. 95.00 Cr.
IVR B+ (ISSUER NOT COOPERATING)

IVR B+ (ISSUER NOT COOPERATING)

IVR B+ (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

Stable

-
18.05.2020 Asoke Timber Co. Long Term Bank Facilities of Rs. 16.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR B+ (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
15.05.2020 Master (India) Brewing Company Long Term Bank Facilities of Rs. 16.11 Cr. IVR D (ISSUER NOT COOPERATING) -
15.05.2020 Dakshin Budhakali Improvement Society Long Term Bank Facilities of Rs. 25.00 Cr. IVR D (ISSUER NOT COOPERATING) -
15.05.2020 Sai Pont Finance Corporation Limited Long Term Fund Based Limits – Cash Credit of Rs. 50.00 Cr. IVR BB+(ISSUER NOT COOPERATING) Stable
14.05.2020 Shree Jindal Soya Ltd Long Term Bank Facilities – Cash credit of Rs. 3.00 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 50.00 Cr.

Short Term Bank Facilities – CEL of Rs. 2.20 Cr.
IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)
-

-

-
14.05.2020 Manaksia Aluminum Company Limited Long Term Bank Facilities of Rs. 60.00 Cr.

Short Term Bank Facilities of Rs. 105.00 Cr.
IVR BBB+

IVR A2
Stable

-
14.05.2020 Vikram Nuvotech India Private Limited Long Term Facility - Fund Based – Term Loan of Rs. 78.09 Cr. (reduced from Rs.87.00 crore)

Long Term Facility – Fund Based – Cash Credit of Rs. 35.00 Cr.

Long Term Facility – Non Fund Based – Bank Guarantee of Rs. 6.25 Cr.

Short Term Facility - Letter of Credit of Rs. 3.00 Cr.
IVR BB

IVR BB

IVR BB

IVR A4
Stable

Stable

Stable

-
14.05.2020 Bhaskar Steel & Ferro Alloy Pvt Ltd Long Term Fund Based Limits – Cash Credit of Rs. 36.60 Cr. (including proposed limit of Rs.1.60 crore)

Short Term Non Fund Based Limits –Letter of Credit of Rs. 3.90 Cr.

Short Term Non Fund Based Limits –Bank Guarantee of Rs. 2.50 Cr.
IVR BB+ (ISSUER NOT COOPERATING)

IVR A4+ (ISSUER NOT COOPERATING)

IVR A4+ (ISSUER NOT COOPERATING)
-



-



-
13.05.2020 Indiabulls Ventures Limited [IVL] Proposed Commercial Paper of Rs. 750.00 Cr. IVR A1+ -
13.05.2020 Waaree Energies Limited [WEL] NCD Series – II of Rs. 23.40 Cr. (Reduced From Rs. 55.00) IVR BBB- Positive
13.05.2020 GTN Enterprises Limited (GEL) Long Term Fund Based Facilities of Rs. 41.20 Cr.

Long Term Debt – Term Loans of Rs. 5.75 Cr. (Reduced from Rs. 7.99 crore)

Short Term Non-Fund Based Facilities of Rs. 42.00 Cr. (Reduced from Rs. 44.00 crore)
IVR B+ (Revised)

IVR B+ (Revised)

IVR A4 (Reaffirmed)
Stable

Stable

-
13.05.2020 SPR Construction Private Limited Long Term Bank Facilities of Rs. 250.00 Cr. IVR BBB- Stable
13.05.2020 Femina Shopping Mall Private Limited Long Term Bank Facilities of Rs. 18.00 Cr. IVR BB Stable
13.05.2020 Century Extrusions Limited Long Term Bank Facilities of Rs. 8.69 Cr.

Short Term Bank Facilities of Rs. 4.50 Cr.
IVR BBB-

IVR A3
Stable

-
13.05.2020 Arjan Impex Private Limited Long Term Bank Facilities of Rs. 9.44 Cr.

Short Term Bank Facilities of Rs. 54.70 Cr.
IVR BBB-

IVR A3
Under Credit watch with developing implications

Under Credit watch with developing implications
12.05.2020 DMG Polypack Private Limited Long Term Debt - Term Loan of Rs. 13.31 Cr.



Long Term Facility – Fund Based – Cash Credit of Rs. 4.00 Cr.



Short Term Facility – Fund Based – Foreign Bill Discounting of Rs. 2.69 Cr. (including proposed limits of Rs. 0.69 crore)
IVR BB (ISSUER NOT COOPERATING) (Reaffirmed )

IVR BB (ISSUER NOT COOPERATING) (Reaffirmed)

IVR A4 (ISSUER NOT COOPERATING) (Reaffirmed)
Stable



Stable




-
12.05.2020 Radiant Life Care Private Limited Non-Convertible Debentures of Rs. 55.00 Cr. (Present o/s Nil)

Long Term Loans of Rs. 65.00 Cr. (Present o/s Nil)
IVR A- (Withdrawn)

IVR A- (Withdrawn)
Stable

Stable
12.05.2020 Shree Balajee Agro Mills Private Limited Long Term Bank Facilities of Rs. 17.00 Cr. (including proposed limit of Rs.2.00 crore) IVR BB (ISSUER NOT COOPERATING) -
12.05.2020 Shree Ram Brine Chem Private Limited Long Term Fund Based Limits – Cash Credit of Rs. 6.00 Cr. IVR B+ (ISSUER NOT COOPERATING) -
12.05.2020 Anant Pulses Private Limited Long Term Fund Bank Facilities – Term Loan of Rs. 2.00 Cr.

Long Term Bank Facilities – Cash credit of Rs. 12.00 Cr.((including proposed limit of Rs.2.00 crore)
IVR BB (ISSUER NOT COOPERATING)

IVR BB (ISSUER NOT COOPERATING)
-

-
11.05.2020 Shrushti Contech Private Limited (SCPL) Long Term Bank Facilities – Cash Credit of Rs. 29.00 Cr.

Short Term Bank Facilities –Letter of Credit of Rs. 5.00 Cr.

Long Term /Short Term Bank Facilities –Bank Guarantee of Rs. 58.61 Cr.
IVR BBB-

IVR A3

IVR BBB-/ IVR A3
Stable

-

Stable/-
11.05.2020 Unistar Oils Private Limited Long Term Bank Facilities of Rs. 0.50 Cr. (Reduced from Rs.1 crore)

Short Term Bank Facilities of Rs. 14.50 Cr. (Reduced from Rs.39 crore)
IVR BB-

IVR A4
Stable

-
08.05.2020 Indiabulls Real Estate Limited (IBREL) Term Loan of Rs. 215.95 Cr.



Proposed Term Loan of Rs. 274.05 Cr.



NCDs of Rs. 510.00 Cr.



Commercial Paper of Rs. 1500.00 Cr.
IVR A+



IVR A+



IVR A+



IVR A1+ (Reaffirmed)
Under Credit Watch With Developing Implications

Under Credit Watch With Developing Implications

Under Credit Watch With Developing Implications

-
08.05.2020 Samunnati Financial Intermediation & Services Private Limited Bank Facilities- Long Term of Rs. 200.00 Cr. IVR A- Stable
08.05.2020 Himalaya Polytech Private Limited (HPPL) Long Term Fund Based Bank Facilities – Term Loan of Rs. 6.80 Cr.

Long Term Fund Based Bank Facilities – Cash Credit of Rs. 7.80 Cr.

Short Term Non Fund Based Bank Facilities – Letter of Credit/Bank Guarantee of Rs. 6.00 Cr.
IVR BB

IVR BB

IVR A4
Stable

Stable

-
08.05.2020 Indiabulls Dual Advantage Commercial Asset Fund [IBDACAF] Indiabulls Dual Advantage Commercial Asset Fund of Rs. 724.25 Cr. IVR AA+ (AIF) Stable
08.05.2020 Indiabulls High Yield Fund [IBHYF] Indiabulls High Yield Fund of Rs. 623.55 Cr. IVR AA+ (AIF) Stable
08.05.2020 Seamec Limited Long term / Short term Bank Facilities - Non Fund based – Bank Guarantee (Cash Credit as a sub limit of Bank Guarantee) of Rs. 25.00((1.00) Cr.

Short term Bank Facilities - Non Fund based – LER (Forward Contract) of Rs. 5.00 Cr.
IVR A- / IVR A2+

IVR A2+
Stable/-

-
07.05.2020 Gautam Solar Private Limited Long Term Bank Facilities of Rs. 18.00 Cr.

Short Term Bank Facilities of Rs. 54.55 Cr.
IVR BBB-/Stable (IVR Triple B minus with stable outlook)

IVR A3 (IVR A three)
Stable

Stable
06.05.2020 Maghalakshmi Plaazaa Long Term Bank Facilities of Rs. 50.00 Cr. IVR BB Stable
05.05.2020 Nitesh Fashion Private Limited (NFPL) Long Term Facility – Fund Based – Overdraft Cash Credit (Sublimit – ODBD/PC/PCFC/FDB/FBE/BRD) of Rs. 14.50 Cr. IVR B+ Stable
05.05.2020 Guru Nanak Educational Society Long Term Bank Facilities – Term Loan of Rs. 47.77 Cr. (Enhanced from Rs.23.00 crore)

Long Term Bank Facilities – Cash Credit of Rs. 18.00 Cr. (Enhanced from Rs.7.00 crore)
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Stable

Stable
05.05.2020 Ganapati Parks Limited Long Term Bank Facilities – Term Loan of Rs. 43.59 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 7.50 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Negative

Stable
05.05.2020 Jeyyam Global Foods Private Limited Long Term Bank Facilities of Rs. 32.00 Cr. IVR BBB Stable
04.05.2020 Sonasati Organics Pvt Ltd Long Term Bank Facilities of Rs. 46.87 Cr. (reduced from Rs.67.48)

Short Term Bank Facilities of Rs. 4.90 Cr.
IVR BB+

IVR A4+
Stable

-
01.05.2020 Eagle Steel Industries Private Ltd Long Term Fund based of Rs. 12.00 Cr. IVR BB- (ISSUER NOT COOPERATING) Stable
30.04.2020 Tamra Dhatu Udyog Pvt Ltd Long Term Bank Facilities- Term Loan of Rs. 33.84 Cr.

Long Term Bank Facilities- Cash Credit of Rs. 151.00 Cr.

Short Term Bank Facilities- Letter of Credit/Bank Guarantee of Rs. 263.00 Cr.
IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)
-

-

-
30.04.2020 MPCL Industries Limited Long Term Bank Facilities of Rs. 5.00 Cr.

Short Term Bank Facilities of Rs. 113.34 Cr.

Long Term/ Short Term Bank Facilities of Rs. 56.66 Cr.
IVR BBB

IVR A3+

IVR BBB / IVR A3+
Stable

-

Stable / -
29.04.2020 Indiabulls Ventures Limited (IVL) Commercial Paper of Rs. 750.00 Cr (Present o/s Nil) IVR A1+ (Withdrawn) -
29.04.2020 P. Venkata Ramanaiah Engineers and Contractors Private Limited (PVRECPL) Long Term Facility – Fund Based – Cash Credit of Rs. 15.00 Cr.

Long Term/Short Term Facility – Non-Fund Based - Bank Guarantee of Rs. 60.00 Cr.
IVR BBB-

IVR BBB- / IVR A3
Credit Watch with Developing Implications

Credit Watch with Developing Implications / -
29.04.2020 Tristar Lifesciences Private Limited [TLPL] Long Term Bank Facilities-Term Loan of Rs. 48.99 Cr. (Reduced from Rs. 72.91Cr)

Long Term - Bank Facilities- Cash Credit of Rs. 10.00 Cr.

Long Term - Bank Facilities- Working Capital Demand Loan of Rs. 2.50 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR BBB-
Stable

Stable

Stable
29.04.2020 Quadgen Wireless Solutions Private Limited (QWSPL) Long Term/Short Term Facility-Bank Guarantee [Sub Limit-LC/CC/WCDL/Purchase Bills & Sales Bills discounting]of Rs. 220.00 Cr.

Short Term Facility-Letter of Credit [Sub Limit-BG/CC/WCDL] of Rs. 130.00 Cr.
IVR BBB- / IVR A3

IVR A3
Stable/-

-
28.04.2020 Ori Plast Limited Long term Bank Facilities of Rs. 50.61 Cr. (enhanced from Rs. 36.00 cr.)

Short term Bank Facilities of Rs. 32.00 Cr. (enhancedfrom 18.00)
IVR A- (Reaffirmed)

IVR A2+ (Reaffirmed)
Stable

-
28.04.2020 Vanchinad Finance Private Limited (VFPL) Long Term Fund Based Facility – Cash Credit Rs. 19.50 Cr.

Short Term Fund Based Facility – Bank Overdraft of Rs. 10.00 Cr.

Long Term Proposed Bank Facility of Rs. 5.50 Cr.
IVR BBB-

IVR A3

IVR BBB-
Stable

-

Stable
28.04.2020 Eknath Infrastructure LLP Long Term Fund Based Facility – Drop Line Overdraft Rs. 25.00 Cr.

Long Term Facility – Term Loan of Rs. 260.00 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
28.04.2020 Radiant Industries Long Term Bank Facilities- Cash Credit Rs. 10.00 Cr.

Long Term Bank Facilities- Term Loan of Rs. 4.08 Cr.

Short Term Bank Facilities- Letter of Credit of Rs. 2.00 Cr.
IVR BB-


IVR BB-


IVR A4
Stable


Stable


-
28.04.2020 Pressmach Infrastructure Private Limited (PIPL) Long Term Facility – Fund Based – Cash Credit Rs. 9.00 Cr.

Long Term/Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 2.00 Cr.

Proposed Long Term/Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 4.00 Cr.
IVR BB

IVR BB/IVR A4

IVR BB/IVR A4
Stable

Stable/-

Stable/ -
28.04.2020 Arya Voyagers Pvt Ltd (AVPL) Long Term Fund Based Bank Facilities - FForeign Currency Term Loan Rs. 25.00 Cr. IVR BBB- Stable
28.04.2020 Arya Tankers Pvt Ltd (ATPL) Long Term Fund Based Bank Facilities - Foreign Currency Term Loan (ECB) Rs. 40.00 Cr. IVR BBB- Stable
24.04.2020 Sanghi Brothers (Indore) Private Limited Long Term Bank Facilities Rs. 73.85 Cr.

Short Term Bank Facilities of Rs. 19.00 Cr.
IVR BB+

IVR A4+
Stable

-
24.04.2020 BKB Transport Private Limited Long Term Bank Facilities- Cash Credit Rs. 24.00 Cr.(Enhanced from Rs 14.00 crore)

Short Term Bank Facilities- Bank Guarantee of Rs. 45.70 Cr.
IVR BBB (Re-affirmed)

IVR A3+
Stable

-
23.04.2020 BVG India Limited [BVG] Long Term (Fund based) Rs. 674.00 Cr.

Long Term/ Short Term (Non-Fund based) of Rs. 461.50 Cr.
IVR A

IVR A / IVR A1
Stable

Stable/ -
22.04.2020 Uniproducts India Ltd. Long term Bank Facilities Rs. 180.00 Cr.

Short term Bank Facilities of Rs. 20.00 Cr.
IVR BB+

IVR A4+
Stable

-
22.04.2020 Swati Concast & Power Private Limited Long Term Bank Facilities – Cash Credit Rs. 11.00 Cr.

Short Term Bank Facilities – Letter of Credit/Bank Guarantee of Rs. 9.00 Cr.
IVR BBB-

IVR A3
Stable

-
22.04.2020 Oplus Casting Private Limited Long-Term Bank Facility- Term Loan (Proposed) Rs. 8.00 Cr.

Long-Term Bank Facility- Cash Credit (Proposed) of Rs. 2.00 Cr.
Provisional IVR BBB- (CE)

Provisional IVR BBB- (CE)
Stable

Stable
21.04.2020 Insight Media City India Private Limited(IMC) Long Term Bank Facilities – Term Loan Rs. 25.00 Cr.

Long Term Bank Facilities - Cash Credit of Rs. 12.00 Cr.

Proposed-Term Loan of Rs. 50.00 Cr.

Proposed- Cash Credit of Rs. 13.00 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR BBB-
Stable

Stable

Stable

Stable
21.04.2020 G.G. Automotive Gears Limited Long Term Fund Based Facility – Cash Credit Rs. 14.50 Cr.

Long Term Fund Based Facility – Term Loans of Rs. 6.38 Cr.

Long/Short Term Bank Facility – Bank Guarantee of Rs. 3.50 Cr.
IVR BBB-

IVR BBB-

IVR BBB- / IVR A3
Stable

Stable

Stable /-
20.04.2020 Grospinz Fabz Limited Bank Facilities- Long Term Rs. 96.00 Cr.

Bank Facilities- Short Term of Rs. 20.30 Cr.
IVR BBB-

IVR A3
Stable

-
18.04.2020 Alipore Institute of Management & Technology Term Loan of Rs. 130.00 Cr. (Present o/s Nil) IVR BBB- (Withdrawn) Stable
17.04.2020 Sagar Nutriments Private Limited Long Term Bank Facilities - Term Loan of Rs. 42.32 Cr.

Long Term Fund based Bank Facilities of Rs. 45.00 Cr.

Short Term Bank Facilities – Credit exposure for Forward Contract of Rs. 0.28 Cr.
IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

-
17.04.2020 Ambuj Hotel & Real Estate Private Limited Long Term Bank Facilities of Rs. 40.00 Cr. IVR BBB- Stable
17.04.2020 Shriniwas Spintex Industries Pvt Ltd Long term Bank Facilities of Rs. 39.09 Cr. (reduced from 40.00) IVR BBB- Stable
16.04.2020 Alok Buildtech Private Limited Bank Facilities- Long Term of Rs. 10.00 Cr.


Bank Facilities- Short Term of Rs. 20.00 Cr.
IVR BBB-(Reaffirmed)

IVR A3
Stable

-
16.04.2020 Unistar Oils Private Limited Long term Bank Facilities of Rs. 1.00 Cr.


Short term Bank Facilities of Rs. 39.00 Cr.
IVR BB (ISSUER NOT CO-OPERATING)

IVR A4 (ISSUER NOT CO-OPERATING)
Stable

-
15.04.2020 St. Mary’s Rubbers Pvt Ltd Long Term Facility – Fund Based – Cash Credit of Rs. 21.00 Cr.

Long Term Facility – Fund Based – Term Loan of Rs. 15.86 Cr.

Short Term Facility – Fund Based – FBP backed by LC of Rs. 6.00 Cr.

Short Term Facility – Non Fund Based – Letter of Credit of Rs. 5.00 Cr.
IVR BBB-

IVR BBB-

IVR A3

IVR A3
Positive Outlook

Positive Outlook

-

-
14.04.2020 Kanak Instalments Limited Long Term Fund Based Limits (Proposed) of Rs. 5.00 Cr. VR B+ (ISSUER NOT COOPERATING) Stable
14.04.2020 Silver Oak Shops & Offices Co. Op. Housing Society Limited Long Term Bank Facilities - Term Loan of Rs. 53.70 Cr.

Long Term Bank Facilities - OD of Rs. 20.80 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 6.00 Cr.
IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

-
13.04.2020 SMR Plantation Pvt Ltd (SMR Plantation) Long Term Facility – Fund Based – Cash Credit of Rs. 30.50 Cr.

Long Term Facility – Fund Based – Term Loan of Rs. 23.88 Cr.

Short Term Facility – Fund Based – FBP backed by LC of Rs. 3.00 Cr.

(Proposed) Short Term Facility – Fund Based – Bank Overdraft of Rs. 5.00 Cr.
IVR BBB-

IVR BBB-

IVR A3

IVR A3
Positive Outlook

Positive Outlook

-

-
13.04.2020 Grand Canyon SEZ Private Limited Proposed NCD of Rs. 100.00 Cr.

Proposed NCD of Rs. 100.00 Cr.
IVR BB- (Withdrawn)

IVR BB- (Withdrawn)
Stable

Stable
13.04.2020 Parsvnath Estate Developers Private Limited Long term facility - Proposed NCD of Rs. 100.00 Cr. IVR B+ Stable
13.04.2020 Glass Wall Systems (India) Private Limited (GWSPL) Long Term (Fund based) of Rs. 85.00 Cr.

Short Term (Non-Fund Based) of Rs. 165.00 Cr.
IVR BBB+

IVR A2
Stable

-
11.04.2020 Shakambhari Overseas Trades Private Limited Long Term Bank Facilities- Cash Credit of Rs. 7.00 Cr.

Short Term Bank Facilities- Letter of Credit of Rs. 4.00 Cr.

Short Term Bank Facilities- Proposed Non Fund Based of Rs. 4.00 Cr.
IVR BBB-

IVR A3

IVR A3
Stable

-

-
11.04.2020 BK Print and Pack Haridwar Long Term Bank Facilities of Rs. 12.50 Cr. IVR BB Stable
10.04.2020 Ompee Education Trust Long Term Fund based facilities- Term Loan of Rs. 5.48 Cr. IVR BB- (ISSUER NOT COOPERATING) Stable
10.04.2020 Habitat Micro Build India Housing Finance Company Pvt Ltd (MBIND) Proposed Long Term Fund Based Bank Facilities – Term Loan of Rs. 50.00 Cr. IVR BBB+ Stable
09.04.2020 Globe Precision Industries Private Limited Long Term Bank Facilities - Fund Based of Rs. 42.64 Cr.

Short Term Bank Facilities - Non Fund Based of Rs. 1.00 Cr.
IVR BB-

IVR A4
Negative Outlook

-
09.04.2020 Uralungal Labour Contract Co-operative Society Limited (ULCCS) Long Term Facility – Fund Based – Cash Credit of Rs. 697.23 Cr. IVR BB+ Stable
09.04.2020 Agarwal Induction Furnace Pvt. Ltd Long Term Fund Based Facilities of Rs. 15.00 Cr.

Short Term Non Fund Based Facilities of Rs. 15.00 Cr.
IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

-
09.04.2020 Karuna Healthcare Pvt Ltd. Non-Convertible Debentures of Rs. 160.00 Cr. (Present o/s Nil) IVR BBB+ (CE) (Withdrawn) Stable
07.04.2020 Baba PuranDass Financial Services Limited Long Term - Fixed Deposit of Rs. 4.00 Cr. IVR FBB+ Stable
07.04.2020 Pilania Industries India Private Limited Long Term Bank Facilities of Rs. 17.00 Cr. IVR BBB- Stable
07.04.2020 EKK Infrastructure Limited (EIL) Long Term Bank Facilities – Cash Credit of Rs. 120.00 Cr.

Short Term -Bank Guarantee of Rs. 444.00 Cr.
IVR BBB+

IVR A2
Stable

-
06.04.2020 Tulsi Trading Corporation Long Term Fund Based Facility – Cash Credit of Rs. 24.00 Cr. IVR BBB- Credit Watch with Developing Implications
06.04.2020 Ramson & Bros. Long Term Fund Based Facility – Cash Credit of Rs. 27.00 Cr. IVR BBB- (Re-affirmed) Stable
06.04.2020 Alok Buildtech Private Limited Bank Facilities- Long Term of Rs. 10.00 Cr. IVR BBB- Stable
06.04.2020 River Rose Venture LLP Proposed Term Loan (LRD Facility) of Rs. 105.00 Cr. Provisional IVR BBB- Stable
03.04.2020 Grand Canyon SEZ Private Limited Proposed NCD of Rs. 100.00 Cr.

Proposed NCD of Rs. 100.00 Cr.
IVR BB-

IVR BB-
Stable

Stable
03.04.2020 Nucon Aerospace Private Limited Long Term Fund Based Facility – Term Loans of Rs. 12.99 Cr.

Long Term Fund Based Facility – Cash Credit of Rs. 36.00 Cr.

Long/Short Term Bank Facility – Bank Guarantee of Rs. 60.00 Cr.

Short Term Non-Fund Based Facility – Letter of Credit of Rs. 12.00 Cr.

Short Term Non-Fund Based Facility – Forward Contract of Rs. 12.00 Cr.
IVR BBB-

IVR BBB-

IVR BBB- / IVR A3

IVR A3
Stable

Stable

Stable/-

-

-
02.04.2020 Indo Unique Flame Limited Bank Facilities- Long Term of Rs. 28.00 Cr.

Bank Facilities- Short Term of Rs. 39.00 Cr.
IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)
Stable

-
02.04.2020 Parmeshwari Silk Mills Limited Long Term Bank Facilities - Fund Based of Rs. 62.00 Cr. IVR BBB- Stable
02.04.2020 Neepa Real Estates Private Limited Proposed Non-Convertible Debenture (NCD) of Rs. 100.00 Cr. IVR BB Stable
01.04.2020 Vinayak Support Services Private Limited Long Term Bank Facilities- Cash Credit of Rs. 8.80 Cr. IVR BBB Stable
01.04.2020 HYT Engineering Company Private Limited Long Term Facility – Fund Based – Cash Credit of Rs. 140.00 Cr.

Long Term Facility – Fund Based – Term Loan of Rs. 66.00 Cr.

Long Term / Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 303.25 Cr.

Short Term Facility – Non Fund Based – Letter of Credit of Rs. 30.25 Cr.
IVR BBB

IVR BBB

IVR BBB / IVR A3+

IVR A3+
Stable

Stable

Stable / -

-
01.04.2020 KHFM Hospitality and Facility Management Services Limited Bank Facilities- Long Term of Rs. 33.68 Cr.

Proposed Long Term Bank Facility – Proposed Lease Rental Discountin Bank Facilities- Short Term of Rs. 18.38 Cr.
IVR BBB-

IVR A3
Stable

-
01.04.2020 BKB Transport Private Limited Long Term Bank Facilities- Cash Credit of Rs. 14.00 Cr. IVR BBB Stable
31.03.2020 GMR Infra Services Limited (GISL) NCD - Short Term of Rs. 500.00 Cr. (Present o/s Nil) IVR A2 (SO) (Withdrawn) -
31.03.2020 GMR Infra Services Limited (GISL) NCD of Rs. 700.00 Cr. (Present o/s Nil) IVR BBB- (SO) (Withdrawn) Stable
31.03.2020 Karle Infra Private Limited Long Term Bank Facility -Lease Rental Discounting of Rs. 730.00 Cr. (Enhanced from Rs. 100.00 Crore)

Proposed Long Term Bank Facility – Proposed Lease Rental Discounting of Rs. 630.00 Cr.
IVR BBB+

Provisional IVR BBB+
Stable

Stable
31.03.2020 Shapoorji Pallonji Infrastructure Capital Company Pvt Ltd. (SPICCPL) Long Term Facilities (Fund Based) of Rs. 900.00 Cr.

Short Term Facilities (Fund Based) of Rs. 135.00 Cr.

Long / Short Term Facilities (Non-Fund Based) of Rs. 1465.00 Cr.
IVR A-

IVR A2+

IVR A- / IVR A2+
Stable

-

Stable/ -
31.03.2020 Unimoni Financial Services Limited Long Term Fund Based Facility – Cash Credit of Rs. 324.00 Cr.



Long Term Fund Based Facility – Working Capital Demand Loan of Rs. 546.00 Cr.



Long Term Fund Based Facility – Term Loan of Rs. 44.35 Cr.



Short Term Fund Based Facility - Overdraft of Rs. 20.00 Cr.



Short Term Non Fund Facility – Treasury Limit of Rs. 15.00 Cr.



Long Term /Short Term Non Fund Based Facility – Bank Guarantee of Rs. 10.00 Cr.
IVR BBB- (Under Credit Watch with developing implications)

IVR BBB- (Under Credit Watch with developing implications)

IVR BBB- (Under Credit Watch with developing implications)

IVR A3 (Under Credit Watch with developing implications)

IVR A3 (Under Credit Watch with developing implications)

IVR BBB- / IVR A3 (Under Credit Watch with developing implications)
-



-




-




-



-



- / -
30.03.2020 NV International Private Limited Long Term Bank Facilities- Fund Based of Rs. 91.00 Cr.

Short Term Bank Facilities - Non-Fund Based of Rs. 5.00 Cr.
IVR BBB-

IVR A3
Stable

-
30.03.2020 NV Distilleries Private Limited Long Term Bank Facilities –Fund Based of Rs. 60.00 Cr. IVR BBB- Stable
30.03.2020 NV Distilleries & Breweries Private Limited Long Term Bank Facilities– Fund Based of Rs. 192.76 Cr.

Short Term Bank Facilities-Fund Based (Proposed) of Rs. 50.00 Cr.

Short Term Bank Facilities-Non-Fund Based of Rs. 1.75 Cr.
IVR BBB-

IVR A3 br>
IVR A3
Stable

-

-
30.03.2020 MI Industries India Private Limited Bank Facilities- Long Term of Rs. 65.08 Cr.

Bank Facilities- Short Term of Rs. 4.27 Cr.
IVR BBB-

IVR A3
Stable

-
27.03.2020 Selene Estate Limited Proposed Non-Convertible Debenture (NCD)of Rs. 100.00 Cr. IVR BB Stable
26.03.2020 Primetime Realtors Private Limited (PRPL) Proposed Non- Convertible Debenture (NCD) of Rs. 350.00 Cr. IVR BB Stable
26.03.2020 Ram Kumar Narwani Long Term Bank Facilities - Fund Based of Rs. 3.00 Cr.

Short Term Bank Facilities - Non-fund based of Rs.5.00 Cr.
IVR B-

IVR A4
Stable

-
26.03.2020 Sibin Group Long Term Bank Facilities of Rs. 25.00 Cr. IVR BBB- Stable
26.03.2020 Hi Bond Cement India Private Limited Long Term Facility – Term Loan of Rs. 12.65 Cr.

Long Term Facility – Fund Based – Cash Credit of Rs. 30.00 Cr.
IVR BBB+

IVR BBB+
Stable

Stable
26.03.2020 MEP Longjian ACR Pvt Ltd (MLAPL) Fund Based – OD of Rs. 20.00 Cr.

Proposed Term Loan of Rs. 407.34 Cr.

Non Fund Based - BG of Rs. 42.43 Cr.
IVR BB+

IVR BB+

IVR BB+
Stable

Stable

Stable
26.03.2020 MEP Longjian CLR Pvt Ltd (MLCPL) Fund Based – OD of Rs. 20.00 Cr.

Proposed Term Loan of Rs.480.05 Cr.

Non Fund Based - BG of Rs. 50.00 Cr.
IVR BB+

IVR BB+

IVR BB+
Stable

Stable

Stable
26.03.2020 MEP Longjian Loha Waranga Road Pvt Ltd (MLLWRPL) Fund Based – OD of Rs. 20.00 Cr.

Proposed Term Loan of Rs. 515.09 Cr.

Non Fund Based - BG of Rs.53.66 Cr.
IVR BB+

IVR BB+

IVR BB+
Stable

Stable

Stable
26.03.2020 SDB Developers Private Limited Long Term Bank Facilities of Rs. 87.60 Cr. IVR D (ISSUER NOT COOPERATING) -
26.03.2020 Dhosa Chandaneswar Bratyajana Samity Long Term Fund Based facilities of Rs. 15.00 Cr. (incl. proposed limit of Rs.8.47 crore) IVR BB+ (ISSUER NOT COOPERATING) Stable
24.03.2020 Shree Jay Jagdamba Flanges Pvt Ltd (JJFPL) Long Term Facilities (Fund Based – CC/PC/PCFC/FDBP) of Rs. 15.00 Cr.

Term Loan (o/s) of Rs. 8.00 Cr.
IVR BBB+

IVR BBB+
Stable

Stable
24.03.2020 Jay Jagdamba Profiles Pvt Ltd (JJPPL) Long Term Facilities (Fund Based – CC/PC/PCFC/PSC/FDBP) of Rs. 17.00 Cr.

Term Loan (o/s) of Rs. 6.90 Cr.

Short Term Facilities (Non-Fund Based –BG) of Rs. 0.50 Cr.
IVR BBB+

IVR BBB+

IVR A2
Stable

Stable

-
24.03.2020 Jay Jagdamba Limited (JJL) Long Term Facilities (Fund Based – CC/PC/PCFC/PSC/FDBP) of Rs. 390.50 Cr.

Term Loan (o/s) of Rs. 177.20 Cr.

Short Term Facilities (Non-Fund Based –LC/BG) of Rs. 19.50 Cr.
IVR BBB+

IVR BBB+

IVR A2
Stable

Stable

-
24.03.2020 Jay Jagdamba Forgings Pvt Ltd (JJFPL) Long Term Facilities (Fund Based – CC) of Rs. 10.00 Cr.

Term Loan (o/s) of Rs. 10.72 Cr.

Short Term Facilities (Non-Fund Based –LC) of Rs. 0.25 Cr.
IVR BBB+

IVR BBB+

IVR A2
Stable

Stable

-
24.03.2020 Salonah Tea Private Limited Bank Facilities- Long Term of Rs. 26.00 Cr. IVR BB- Stable
24.03.2020 Smart Card IT Solutions Limited Long Term Fund Based Limits of Rs. 47.35 Cr. (including proposed limit of Rs.10 crore)

Long Term Debt- Term Loan of Rs. 30.79 Cr.

Short Term Non-Fund Based Facilities of Rs. 11.30 Cr.
IVR BB+ (ISSUER NOT COOPERATING)

IVR BB+ (ISSUER NOT COOPERATING)

IVR A4+ (ISSUER NOT COOPERATING)
Stable

Stable

-
24.03.2020 Maheshwari Logistics Limited Long Term Bank Facilities - Fund Based of Rs. 55.00 Cr. (Increased from INR 40.00)

Short Term Bank Facilities - Non-fund based of Rs. 61.20 Cr.
IVR A- (Reaffirmed)

IVR A2+
Stable

-
24.03.2020 R. R. Energy Limited Long Term Fund Based Facilities of Rs. 25.02 Cr.

Short Term Non Fund Based Facilities of Rs. 16.10 Cr.
IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)
Stable

-
24.03.2020 Brilliant Foundation Proposed Term Loan (LRD Facility) of Rs.30.00 Cr. Provisional IVR BBB- Stable
23.03.2020 Ramratan Real Estate Private Limited Long Term Bank Facilities- Term Loan of Rs. 25.00 Cr. IVR BB Stable
23.03.2020 P&R Infraprojects Limited Long Term Bank Facilities– Cash Credit of Rs. 25.01 Cr.

Short Term Bank Facilities– Bank Guarantee of Rs.105.00 Cr.
IVR BBB-

IVR A3
Stable

-
20.03.2020 Shree Durga Khandsari (Sugar) Mills Long Term Bank Facilities of Rs. 55.53 Cr. IVR BBB- Stable
20.03.2020 Gupta Power Infrastructure Limited Long Term Fund Based Facilities- Term Loan of Rs. 34.11 Cr. (including proposed limit of Rs.30.00 crore and reduced from Rs.58.42 crore)

Long Term Fund Based Facilities- Cash Credit of Rs.1010.00 Cr. (including proposed limit of Rs.20.00 crore)

Short Term Non-Fund Based Facilities – Bank Guarantee/Letter of Credit of Rs. 2231.58 Cr. (including proposed limit of Rs.51.58 crore)
IVR A (Reaffirmed)


IVR A (Reaffirmed)


IVR A1 (Reaffirmed)
Stable


Stable


-
20.03.2020 Cadchem Laboratories Limited Long Term Bank Facilities of Rs. 17.00 Cr.

Short Term Bank Facilities of Rs. 3.25 Cr.
IVR D

IVR D
-

-
20.03.2020 Morth Infrastructure Private Limited Bank Facilities- Long Term of Rs. 6.55 Cr.

Bank Facilities- Short Term of Rs. 12.50 Cr.
IVR BB

IVR A4
Stable

-
20.03.2020 Purbanchal Veneers Long Term Fund Based Facility - Cash Credit of Rs. 0.80 Cr.

Short Term Non-Fund Based Facility – Inland/Import LC cum Buyer’s Credit of Rs. 10.00 Cr.
IVR BB+

IVR A4
Stable

-
20.03.2020 Salasar Plywood Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 0.50 Cr.

Short Term Non-Fund Based Facility – Import Letter of Credit of Rs. 8.00 Cr.
IVR BB+

IVR A4
Stable

-
20.03.2020 Yadu Sugar Limited Long Term - Bank Facilities of Rs. 170.00 Cr. IVR B (Reaffirmed) Stable
19.03.2020 Anvil Cables Private Limited Long Term Fund Based Facilities- Cash Credit of Rs. 48.00 Cr. (enhanced by Rs.5.00 crore)

Long Term Fund Based Facilities- SLC of Rs. 4.00 Cr.

Short Term Non-Fund Based Facilities – Bank Guarantee of Rs. 69.18 Cr. (including proposed limit of Rs.3.00 crore and enhanced by Rs.20.34 crore)

Short Term Non-Fund Based Facilities – Letter of Credit of Rs. 24.00 Cr. (reduced by Rs.4.00 crore)
IVR BBB+ (Re-affirmed)

IVR BBB+ (Re-affirmed)

IVR A2 (Re-affirmed)

IVR A2 (Re-affirmed)
Stable

Stable

-

-
19.03.2020 Eloquent Steels Private Limited Long Term Bank Facilities of Rs. 61.00 Cr.

Short Term Bank Facilities of Rs. 25.00 Cr.
IVR BBB-(CE) (Re-affirmed)

IVR A3(CE) (Re-affirmed)
Stable

-
18.03.2020 Mechfast Engineering Pvt Ltd (MEPL) Long Term Bank Facilities of Rs. 7.40 Cr.

Short Term Bank Facilities of Rs. 0.50 Cr.

Proposed Long Term Bank Facilities of Rs. 6.10 Cr.

Proposed Short Term Bank Facilities of Rs. 1.00 Cr.
IVR BB+

IVR A4+

IVR BB+

IVR A4+
Stable

-

Stable

-
18.03.2020 Polaris Liquor Private Limited Bank Facilities- Long Term of Rs. 61.00 Cr. IVR BBB- Stable
18.03.2020 Khadim India Ltd. Commercial Paper Programme (Earmarked out of current tied-up fund based working capital limits) of Rs. 30.00 Cr. IVR A1 -
18.03.2020 Polaris Liquor Private Limited Bank Facilities- Long Term of Rs. 61.00 Cr. IVR BBB- Stable
18.03.2020 VRKP Steel Industries Pvt Ltd Long Term Bank Facilities of Rs. 12.00 Cr. IVR BBB- Stable
17.03.2020 Shree Nakoda Ispat Limited Fund Based Facility – Cash Credit of Rs. 48.19 Cr.

Fund Based Facility – Term Loan of Rs. 176.84 Cr.

Fund Based Facility - Bill Discounting (Against LC) of Rs. 12.00 Cr.

Non-Fund Based Facility – Bank Guarantee of Rs. 7.20 Cr.

Non-Fund Based Facility – Letter of Credit of Rs. 40.00Cr.
IVR BBB+

IVR BBB+

IVR A2

IVR A2

IVR A2
Stable

Stable

-

-

-
17.03.2020 Kashi Kanchan Pvt Ltd Long Term Bank Facilities of Rs. 15.00 Cr.

Short Term Bank Facilities of Rs. 4.00 Cr.
IVR BB

IVR A4
Stable

-
17.03.2020 RV Wines LLP (RV) Long Term/Short Term Non-Fund Based Facilities of Rs. 45.00 Cr. IVR BB+ / IVR A4+ Stable /-
17.03.2020 Karle Infra Private Limited Long Term Bank Facility - Lease Rental Discounting of Rs. 100.00 Cr. IVR BBB+ Stable
17.03.2020 Avyukta Agro Impex Pvt Ltd Long Term/Short Term Non-Fund Based Facilities of Rs. 45.00 Cr. IVR BB+ / IVR A4+ Stable / -
16.03.2020 Dragonstone Realty Private Limited (DRPL) Proposed Term Loan of Rs. 404.00 Cr. IVR BBB- Stable

-

Stable
16.03.2020 Super Iron Foundry Pvt Ltd (SIFPL) Long Term Bank Facilities of Rs. 23.00 Cr.

Short Term Bank Facilities of Rs. 18.80 Cr.

Proposed Long Term Bank Facilities of Rs. 36.00 Cr.

Proposed Short Term Bank Facilities of Rs. 36.30 Cr.
IVR BBB-

IVR A3

IVR BBB-

IVR A3
Stable

-

Stable

-
13.03.2020 Royal Agro Farm Bank Facilities– Long Term of Rs. 17.04 Cr.

Proposed Bank Facilities – Long Term of Rs. 27.36 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
12.03.2020 Laxcon Steels Limited Bank Facilities- Long Term of Rs. 175.16 Cr.

Bank Facilities- Short Term of Rs. 90.00 Cr.
IVR A-

IVR A1
Stable

-
12.03.2020 Future Market Networks Limited Long Term Proposed Facility – Proposed Term Loan of Rs. 500.00 Cr. IVR A- Stable
12.03.2020 Mayfair Renewable Energy Private Limited Long-Term Bank Facility- Term Loan of Rs. 90.67 Cr. (Including proposed limit of Rs.55.00 crore) IVR A-(CE) (Reaffirmed) Stable
11.03.2020 Globe Mobility Private Limited (GMPL) Cash Credit (PC/PCFC/EBD/FOBN) of Rs. 18.00 Cr. IVR BB+/IVR A4+ Stable/-
11.03.2020 Bhoorathnom Construction Company Private Limited (BCCPL) Fund based working capital limit - (Cash Credit/SOD)of Rs. 16.00 Cr.

Non-Fund based working capital limit - (Bank Guarantee) of Rs. 72.00 Cr.
IVR BB

IVR BB / IVR A4
Stable

Stable
07.03.2020 Sunil Kumar Agarwal LLP (SKAL) Long Term Bank Facilities- Cash credit of Rs. 30.00 Cr.(increased from 15.00)

Short Term Bank Facilities- Bank Guarantee of Rs. 90.00 Cr.
IVR BBB (Affirmed)

IVR A3+
Positive

-
06.03.2020 Malayalam Communications Ltd Long Term Fund Based – Cash Credit of Rs. 46.60 Cr.(Enhanced from Rs.37.00 crore)

Long Term Bank Facility – Term Loan of Rs. 22.46 Cr. (Enhanced from 20.76 crore)

Working Capital Demand Loan of Rs. 9.60 Cr.
IVR BBB (Re-affirmed)

IVR BBB (Re-affirmed)

IVR BBB (Withdrawn)
Stable

Stable

Stable
06.03.2020 Sunil Kumar Agarwal LLP (SKAL) Long Term Bank Facilities- Cash credit of Rs. 15.00 Cr. IVR BBB Positive
06.03.2020 Lucina Land Development Limited Fund based (Long Term Loan) of Rs. 200.00 Cr. IVR AA-(CE) [Under Credit Watch with developing implications] -
06.03.2020 Dr. Kamakshi Memorial Hospital Private Limited (KMHPL) Long Term Bank Facility - Term Loan of Rs. 84.00 Cr.

Short Term Bank Facility – Overdraft of Rs. 1.00 Cr.
IVR BBB-


IVR A3
Stable

-
05.03.2020 Shrivallabh Pittie Industries Limited Fund Based Bank Facilities – Cash Credit/WCDL/SODH [Sub-limit - PC/EPC/PCFC/FBP/FBD/ EBR/EBN/FOBP/FOBN/PSC/PCL/ Bank Guarantees/Letters of Credit/Buyers Credit] of Rs. 127.50 Cr.

Fund Based Bank Facilities – Term Loans of Rs. 186.17 Cr.
IVR BB+ / IVR A4+


IVR BB+
Positive / -

Positive
05.03.2020 Prominance Window Systems Long Term Bank Facilities - Fund Based of Rs. 21.57 Cr.

Short Term Bank Facilities - Non-fund based of Rs. 12.00 Cr.
IVR BB+

IVR A4
Stable

-
04.03.2020 Rudra Global Infra Products Limited Long Term Fund Based Facilities- Cash Credit of Rs. 80.00 Cr.

Long Term Fund Based Facilities- Term Loan 1 of Rs. 0.12 Cr.(reduced from Rs.0.79 crore)

Long Term Fund Based Facilities- Term Loan 2 of Rs. 48.30 Cr. (including proposed limit of Rs.43.00 crore and reduced from Rs.57.00 crore)

Long Term Non-Fund Based Facilities – Bank Guarantee of Rs. 18.00 Cr.
IVR BBB-

IVR BBB-


IVR BBB-


IVR BBB-
Stable

Stable


Stable


Stable
04.03.2020 Earth Water Ltd. (EWL) Fund Based Facilities of Rs. 54.00 Cr. (including proposed limits of Rs.37 crore)

Non Fund Based Facilities of Rs. 112.00 Cr. (including proposed limits of Rs.40 crore)
IVR D

IVR D
-

-
04.03.2020 Aventura Components Pvt Ltd. (ACPL) Fund Based Facilities of Rs. 14.00 Cr.

Non Fund Based Facilities of Rs. 81.00 Cr. (including proposed limits of Rs.19 crore)
IVR D

IVR D
-

-
04.03.2020 Navkar Lifesciences Bank Facilities- Long Term of Rs. 19.75 Cr.

Bank Facilities- Short Term of Rs. 2.70 Cr.
IVR BB-

IVR A4
Stable

-
04.03.2020 Arion Healthcare Bank Facilities- Long Term of Rs. 18.00 Cr.

Bank Facilities- Short Term of Rs. 2.00 Cr.
IVR BB-

IVR A4
Stable

-
03.03.2020 Kamla Enterprises Proposed Long Term Bank Facilities- Term Loan of Rs. 7.00 Cr.

Proposed Short Term Bank Facilities – Bank Guarantee of Rs. 2.50 Cr.

Short Term Bank Facilities – Bank Overdraft of Rs. 4.00 Cr.
IVR B+

IVR A4

IVR A4
Stable

-

-
03.03.2020 Bhunit Engineering Company Private Limited Long Term Debt - Term Loan of Rs. 9.84 Cr. (Reduced from 12.55)

Long Term Fund Based Limits of Rs. 7.00 Cr. (including proposed limit of Rs.4.00 crore)
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)
Stable

Stable
03.03.2020 GNE Exports Private Limited Long Term Bank Facilities of Rs. 10.00 Cr. (Including proposed limit of Rs.0.10 crore) IVR BB+ (Reaffirmed and Withdrawn) Stable
03.03.2020 Consolidated Products Corporation Long Term Bank Facilities – Term Loan of Rs. 1.00 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 2.00 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 4.00 Cr.

Short Term Bank Facilities – Letter of Credit (Proposed) of Rs. 1.00 Cr.
IVR BB-

IVR BB-

IVR A4

IVR A4
Stable

Stable

-

-
02.03.2020 Gupta Power Infrastructure Ltd. Long Term Debt- Term Loan of Rs. 58.42 Cr. (incl. proposed limit of Rs.25 crore)

Long Term Fund Based Facilities – Cash Credit of Rs. 1010.00 Cr.(incl. proposed limit of Rs.110.00 crore)

Short Term Non-fund-based facilities – LC/BG of Rs. 2231.58 Cr.(incl. proposed limit of Rs.231.58 crore)
IVR A (ISSUER NOT COOPERATING)

IVR A (ISSUER NOT COOPERATING)

IVR A1 (ISSUER NOT COOPERATING)
Stable

Stable

-
29.02.2020 Tirumalla Oil Refinery Private Limited (TORPL) Long Term Debt – Term Loan of Rs. 73.69 Cr.

Long Term Facility – Fund Based – Cash Credit of Rs. 30.00 Cr.
IVR BBB

IVR BBB
Positive

Positive
28.02.2020 GBC Infrastructure Pvt Ltd Long Term Bank Facilities of Rs. 5.00 Cr.

Short Term Bank Facilities of Rs. 7.00 Cr.
IVR BB+

IVR A4+
Stable

-
28.02.2020 G.S. Express Private Limited Long Term Bank Facilities – Cash Credit of Rs. 50.00 Cr. (including proposed limit of Rs.5.00 crore)

Short Term Bank Facilities – Bank Guarantee of Rs. 100.00 Cr. (including proposed limit of Rs.20.00 crore)
IVR BB- (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
27.02.2020 Amarnath Cold Storage Private Limited Long term bank facilities of Rs. 6.50 Cr. IVR B+ (Reaffirmed) Stable
27.02.2020 Indian Acrylics Limited Long Term Bank Facilities - Fund Based of Rs. 125.10 Cr.

Short Term Bank Facilities - Non-fund based of Rs. 214.25 Cr.
IVR BB+

IVR A4+
Stable

-
27.02.2020 Radius & Deserve Land Developers Private Limited Non-Convertible Debentures of Rs. 302.00 Cr. IVR C -
26.02.2020 Future Enterprises Limited (FEL) Commercial Paper (Short Term) of Rs. 500.00 Cr. IVR A1+ -
26.02.2020 Om Construction Bank Facilities- Long Term of Rs. 2.40 Cr.

Bank Facilities- Short Term of Rs. 6.75 Cr.
IVR BB

IVR A4
Stable

-
26.02.2020 Sheetal Cool Products Ltd. Long Term Bank Facilities – Term Loan of Rs. 40.25 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 9.75 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
24.02.2020 Emperial Films LLP Bank Facilities- Long Term of Rs. 21.43 Cr.

Bank Facilities- Short Term of Rs. 1.75 Cr.

Proposed Fund based and Non Fund Based- Long Term/ Short Term of Rs. 3.85 Cr.
IVR BB

IVR A4

IVR BB /IVR A4
Positive

-

Positive / -
24.02.2020 Samarth Diamond Bank Facilities- Long Term of Rs. 15.00 Cr.

Bank Facilities- Short Term of Rs. 24.00 Cr.

Bank Facilities- Short Term of Rs. 12.00 Cr.
IVR BBB+

IVR A3+

IVR A3+
Stable

-

-
24.02.2020 Satkartar Electricals and Electronics Private Limited Bank Facilities- Long Term of Rs. 3.50 Cr.

Bank Facilities- Short Term of Rs.8.00 Cr.
IVR BB

IVR A4
Stable

-
24.02.2020 Unimoni Financial Services Limited Long Term Fund Based Facility – Cash Credit of Rs. 324.00 Cr.



Long Term Fund Based Facility – Working Capital Demand Loan of Rs. 546.00 Cr.



Long Term Fund Based Facility – Term Loan of Rs. 44.35 Cr.



Short Term Fund Based Facility - Overdraft of Rs. 20.00 Cr.



Short Term Non Fund Facility – Treasury Limit of Rs. 15.00 Cr.



Long Term /Short Term Non Fund Based Facility – Bank Guarantee of Rs. 10.00 Cr.
IVR A- (Under Credit Watch with developing implications)

IVR A- (Under Credit Watch with developing implications)

IVR A- (Under Credit Watch with developing implications)

IVR A2+ (Under Credit Watch with developing implications)

IVR A2+ (Under Credit Watch with developing implications)

IVR A- / IVR A2+ (Under Credit Watch with developing implications)
-



-




-




-



-



- / -
22.02.2020 Simplex Infrastructures Ltd Long Term Fund Based Facility of Rs. 2600.00 Cr.

Commercial Paper of Rs. 650.00 Cr.

Short Term Fund Based Facilities of Rs. 75.00 Cr.
IVR D

IVR D

IVR D
-

-

-
22.02.2020 Usha Financial Services Pvt Ltd (UFSPL) Term Loans of Rs. 150.00 Cr. (Enhanced from Rs.100 Crore) IVR BBB- (Reaffirmed) Stable
22.02.2020 Paisalo Digital Limited (PDL)
Reclassification of proposed rated facility
Fund Based Facilities (CC) Rs. 822.50 Cr.

Fund Based (Proposed NCD) of Rs. 100.00 Cr.

Proposed Facilities of Rs. 67.50 Cr.
IVR A

IVR A

IVR A
Positive

Positive

Positive
22.02.2020 Aavanti Solar Energy Private Limited Long-Term Debt- Term Loan of Rs. 88.49 Cr. (Reduced from Rs.95.62 crore) IVR BB+ Stable
22.02.2020 Aavanti Renewable Energy Private Limited Long-Term Bank Facility- Term Loan of Rs. 90.19 Cr. (Reduced from Rs.96.85 crore)

Short-Term Bank Facility- Bank Guarantee of Rs. 2.00 Cr.
IVR BB+

IVR A4+
Stable

-
20.02.2020 Velan Kraft House Private Limited Long Term Bank Facilities of Rs. 43.00 Cr. IVR BB (ISSUER NOT COOPERATING) Stable
20.02.2020 YSR Spinning and Weaving Mills Private Limited Long term Bank Facilities of Rs. 20.20 Cr. (Including proposed limit of Rs. 5.75 crore)

Short term Bank Facilities of Rs. 1.80 Cr.
IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

-
20.02.2020 Rean Watertech Private Limited Long/Short Term Bank Facilities of Rs. 5.85 Cr.

Long Term Bank Facilities of Rs. 46.15 Cr.
IVR BB / IVR A4 (ISSUER NOT COOPERATING)

IVR BB (ISSUER NOT COOPERATING)
Stable

Stable
20.02.2020 Vindeshwari Exim Pvt Ltd. Long Term Bank Facilities - Term Loan of Rs. 17.32 Cr.

Long Term Fund Based Facilities of Rs. 2.00 Cr.

Non-Fund Based Facilities of Rs. 30.00 Cr.

Proposed Fund Based/Non-Fund Based Facilities of Rs. 3.68 Cr.
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)

IVR BB+ / IVR A (Reaffirmed)
Positive

Positive

-

Positive
20.02.2020 Hansa Tubes Private Limited Long Term Bank Facilities of Rs. 43.00 Cr.

Long Term /Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BBB-

IVR BBB- / IVR A3
Stable

Stable /-
20.02.2020 Furniture Points(FP) Long Term Fund Based Facility -CC of Rs. 6.50 Cr.

Short Term Non-Fund Based Facility –LC/BG of Rs. 2.50 Cr.

Proposed Long Term Fund Based Facility -TL of Rs. 1.00 Cr.
IVR B+

IVR A4

IVR B+
Stable

-

Stable
20.02.2020 Mani Square Limited (MSL) Long Term Bank Facilities- Term Loan of Rs. 197.78 Cr. IVR BBB- Stable
20.02.2020 LV Dairys Patas (LVDP) Long Term Bank Facilities of Rs. 48.25 Cr.

Short Term Bank Facilities of Rs. 4.00 Cr.
IVR BB+

IVR A4+
Stable

-
20.02.2020 Kisha Telelinks Pvt. Ltd. (Additional Limits) Long Term Facility – Fund Based - Cash Credit of Rs. 2.00 Cr.

Long Term/ Facility – Fund Based – Packing Credit of Rs. 10.00 Cr.

Long Term/ Facility – Fund Based (Proposed) – Packing Credit of Rs. 9.00 Cr.

Short Term Facility – Non Fund Based – Letter of credit of Rs. 4.00 Cr.
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)

IVR BB+

IVR A4+ (Reaffirmed)
Stable

Stable

Stable

-
19.02.2020 Responsive Industries Limited Fund based Working Capital Facility - Long-term/ Short-term FDBP/ FUDBP [Sub-limit - PCFC/ CC/ Direct Bills] of Rs. 180.00 Cr.

Non-Fund based Working Capital Facility - Short-term Inland/ Import LC [Sub-limit - Letter of Guarantee] of Rs. 60.00 Cr.
IVR A- / IVR A2+



IVR A2+
Stable



-
18.02.2020 Indo Global Soft Solutions and Technologies Private Limited Long Term Bank Facility – Lease Rental Discounting of Rs. 163.00 Cr. IVR BB+ Stable
17.02.2020 India Mega Agro Anaj Limited Long Term Fund Based Limits –Cash Credit of Rs. 137.30 Cr.



Long Term Bank Facilities - Term Loan of Rs. 58.60 Cr.
IVR D (Reaffirmed - ISSUER NOT COOPERATING)

IVR D (Reaffirmed - ISSUER NOT COOPERATING)
-

17.02.2020 JPM Exports Private Ltd. Long Term Bank Facilities of Rs. 50.00 Cr. (including proposed limits of Rs.5.00 crore) IVR D (Reaffirmed - ISSUER NOT COOPERATING) -
17.02.2020 Worldwide Metals Private Ltd. Long term Bank Facilities of Rs. 96.00 Cr.



Short term Bank Facilities Rs. 4.00 Cr.
IVR D (Reaffirmed - ISSUER NOT COOPERATING)

IVR D (Reaffirmed - ISSUER NOT COOPERATING)
-

-
17.02.2020 Oyster Steel & Iron Private Ltd. Long/Short-term Bank Facilities of Rs. 140.0 Cr.



Short term Bank Facilities of Rs. 20.00 Cr.
IVR D (Reaffirmed - ISSUER NOT COOPERATING)

IVR D (Reaffirmed - ISSUER NOT COOPERATING)
-

-
17.02.2020 Olympus Metal Private Ltd. Long/Short-term Bank Facilities of Rs. 75.00 Cr.



Short term Bank Facilities of Rs. 10.00 Cr.
IVR D (Reaffirmed - ISSUER NOT COOPERATING)

IVR D (Reaffirmed - ISSUER NOT COOPERATING)
-

-

-
17.02.2020 Draken Metals Trading Private Limited Long/Short-term Bank Facilities of Rs. 150.00 Cr. IVR C / IVR A4 (Reaffirmed - ISSUER NOT COOPERATING) -
17.02.2020 Tiger Logistics India Limited Long Term Bank Facilities of Rs. 38.00 Cr.

Short Term Bank Facilities of Rs.2.00Cr.
IVR BBB

IVR A3+
Stable

-
14.02.2020 BLA Projects Private Limited Long Term Bank Facilities - Cash Credit of Rs. 22.60 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 89.00 Cr.
IVR BBB-

IVR A3
Stable

-
14.02.2020 Amarnath Cold Storage Private Limited Long Term Bank Facilities of Rs. 5.00 Cr. IVR B+ Stable
14.02.2020 H and H Precision Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 4.00 Cr.

Long Term Fund Based Facility – Stand by line of credit of Rs. 1.00 Cr.

Long Term Fund Based Facility – ODS of Rs. 0.13 Cr.

Long Term/ Short Term Non-Fund Based Facility - Bank Guarantee of Rs. 22.50 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR BBB-/IVR A3
Stable

Stable

Stable

Stable/-
14.02.2020 Precision Realty Developers Pvt Ltd Proposed Term Loan (LRD Facility)of Rs. 175.00 Cr. Provisional IVR A Stable
13.02.2020 Melt-O-Therm Furnaces Private Limited Long Term Bank Facilities-Term Loan of Rs. 1.55 Cr.

Long Term Bank Facilities-Cash Credit of Rs. 4.00 Cr.

Long Term Bank Facilities-Proposed Cash Credit of Rs. 4.27 Cr.

Short Term Bank Facilities Bank Guarantee of Rs. 0.18 Cr.
IVR BB-

IVR BB-

IVR BB-

IVR A4+
Stable

Stable

Stable

-
13.02.2020 Kisha Telelinks Pvt Ltd Long Term Facility – Fund Based - Cash Credit of Rs. 2.00 Cr.

Long Term/ Facility – Fund Based – Packing Credit of Rs. 10.50 Cr.

Short Term Facility – Non Fund Based – Letter of credit of Rs. 4.00 Cr.
IVR BB+

IVR BB+

IVR A4+
Stable

Stable

-
13.02.2020 Subaya Constructions Company Limited Bank Facilities- Long Term of Rs. 18.00 Cr.

Bank Facilities- Short Term of Rs. 65.50 Cr.
IVR BBB-

IVR A3
Stable

-
11.02.2020 Hindustan Equipments Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 45.58 Cr.

Long Term Facility – Term Loan of Rs. 25.50 Cr.

Short Term/Long Term Non-Fund Based Facility - Bank Guarantee of Rs. 22.10 Cr.
IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

-
11.02.2020 Phoenix Tech Zone Private Limited Long Term Bank Facilities of Rs. 575.00 Cr.

Short Term Bank Facilities of Rs. 15.27 Cr.
IVR BBB-

IVR A3
Stable

-
11.02.2020 Samarth Diamond Bank Facilities- Short Term of Rs. 12.00 Cr. IVR A3+ Stable
10.02.2020 Rajda Industries & Exports Pvt. Ltd. Long Term Bank Facilities of Rs. 5.12 Cr.

Short Term Bank Facilities of Rs. 46.00 Cr.
IVR BB+

IVR A4+
Stable

-
10.02.2020 Truvolt Engineering Co. Private Limited Long Term Bank Facilities of Rs. 15.00 Cr.

Long Term/Short Term Bank Facilities of Rs. 14.00 Cr.
IVR BB- (Reaffirmed)

IVR BB-/IVR A4 (Reaffirmed)
Stable

Stable/-
06.02.2020 IA Hydro Energy Private Limited Long Term Bank Facilities-Term Loan of Rs. 258.46 Cr.

Long Term Bank Facilities-Cash Credit of Rs. 2.90 Cr.

Short Term Bank Facilities Bank Guarantee of Rs. 5.00 Cr.
IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

-
06.02.2020 Anita Oils and Fats Pvt Ltd. Non Fund Based Limit of Rs. 46.00 Cr.

Fund Based/ Non Fund Based Limits of Rs. 1.00 Cr.
IVR A4

IVR BB/IVR A4
-

Stable/-
06.02.2020 SRB International Private Limited Long Term Bank Facilities of Rs. 7.00 Cr.

Short Term Bank Facilities of Rs. 11.00 Cr.
IVR BB+

IVR A4+
Stable

-
05.02.2020 Sanaka Educational Trust Long Term Bank Facilities – Term Loan of Rs. 39.74 Cr. (reduced from 44.00) IVR BB+ Stable
05.02.2020 Texport Syndicate (India) Limited Long Term Fund based (Term Loan) of Rs. 35.56 Cr.

Short Term Fund based (PCFC/ EPC) of Rs. 140.75 Cr.

Short Term Non-Fund based (BG/LC) of Rs. 47.25 Cr.
IVR BBB

IVR A3

IVR A3
Stable

-

-
05.02.2020 Saket Infraprojects Private Limited Long-Term Fund based(Cash Credit) of Rs. 30.00 Cr.

Long-Term/ Short-Term Non-Fund based (Bank Guarantee) of Rs. 65.00 Cr.
IVR BBB

IVR BBB/A3+
Stable

Stable/-
05.02.2020 C.B.S. Publishers and Distributors Private Limited Bank Facilities- Long Term of Rs. 30.00 Cr. IVR BB+ Stable
04.02.2020 Agrigo Trading Private Limited (ATPL) Long Term Bank Facilities – Cash Credit of Rs. 20.00 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 20.00 Cr.

Short Term Bank Facilities – CEL of Rs. 0.50 Cr.
IVR BBB

IVR A3+

IVR A3+
Stable

-

-
03.02.2020 Shri Rewa Rice Mills Private Limited (SRRMPL) Long Term (Fund based) of Rs. 14.10 Cr. IVR BB Stable
03.02.2020 Topsun Energy Limited Bank Facilities- Long Term of Rs. 31.50 Cr.

Bank Facilities- Short Term of Rs. 52.20 Cr.
IVR BB+

IVR A4+
Stable

-
03.02.2020 Deevya Shakti Paper Mills Pvt. Ltd. Long Term Debt- Term Loan of Rs. 2.36 Cr. (reduced from Rs. 5.00 crore)

Long Term Facility – Fund Based of Rs. 36.00 Cr.

Short Term Facility – Non Fund Based of Rs. 6.22 Cr.
IVR A- (Re-affirmed)

IVR A- (Re-affirmed)

IVR A2+ (Re-affirmed)
Stable

Stable

-
03.02.2020 Duroply Industries Limited Long Term Bank Facilities of Rs. 42.74 Cr. (including proposed limit of Rs.1.78 crore)

Short Term Bank Facilities of Rs. 37.26 Cr.
IVR BB

IVR A4 (Reaffirmed)
Stable

-
31.01.2020 Utkal Healthcare Private Limited Bank Facilities- Long Term of Rs. 45.00 Cr. IVR BB+ Positive
31.01.2020 Shri Swami Samarth Engineers Limited (SSSEL) Long Term (Fund based)- Cash Credit of Rs. 30.00 Cr.

Short Term (Non-Fund based) – Bank Guarantee of Rs. 30.00 Cr.
IVR BBB

IVR A3+
Stable

-
31.01.2020 Jai Hind Sugar Private Limited (JHSPL) Long Term (Fund based)- Term Loan of Rs. 219.20 Cr.

Long Term (Fund based)-Cash Credit of Rs. 5.00 Cr.
IVR BBB-

IVR BBB-
Positive

Positive
30.01.2020 Wonder Wage Waggon Trading Co. Private Limited Long Term Bank Facilities of Rs. 7.50 Cr.

Short Term Bank Facilities of Rs. 0.40 Cr.
IVR B+

IVR A4
Stable

-
30.01.2020 Maharaja Ispat Private Limited Long Term Fund Based Facilities of Rs. 18.77 Cr.

Short Term Non Fund Based Facilities of Rs. 6.23 Cr.
IVR BB+ (Re-affirmed)

IVR A4+
Positive

-
30.01.2020 S.G.S Motors Private Limited Bank Facilities- Long Term of Rs. 30.00 Cr. IVR BBB- Stable
29.01.2020 Lalchnd Jewellers Pvt Ltd (LJPL) Long Term Bank Facility of Rs. 35.00 Cr. IVR BBB Positive
29.01.2020 Kompass Infrastructures Private Limited Long Term Fund Based Facilities – Secured Overdraft of Rs. 2.60 Cr.

Short Term Non Fund Based Bank Facilities – Bank Guarantee of Rs. 9.00 Cr.

Proposed Fund based /Non fund based of Rs. 18.40 Cr.
IVR BB

IVR A4

IVR BB
Positive

-

Positive
28.01.2020 Nickunj Eximp Enterprises Private Limited Long Term Bank Facilities of Rs. 29.00 Cr.

Short Term Bank Facilities of Rs. 13.00 Cr.
IVR BB

IVR A4
Stable

-
27.01.2020 Bhrunda Infra Private Limited (BIPL) Long Term Facility – Fund Based – Cash Credit of Rs. 25.50 Cr.

Proposed Long Term Facility – Fund Based – Cash Credit of Rs. 30.00 Cr.

Long Term / Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 54.50 Cr.

Proposed Long Term / Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 15.00 Cr.
IVR BBB-

IVR BBB-

IVR BBB-/IVR A3

IVR BBB-/IVR A3
Stable

Stable

Stable

Stable
25.01.2020 Sambhv Sponge Power Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 47.00 Cr. (Enhanced from Rs. 17.00 crore)

Long Term Fund Based Facility - Term Loan of Rs. 71.00 Cr.

Short Term Non-Fund Based Facility – Letter of Credit of Rs. 9.50 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)
Stable

Stable

-
25.01.2020 Nayati Healthcare & Research NCR Pvt Ltd. Long Term Bank Facilities of Rs. 850.00 Cr. IVR BBB- (Reaffirmed) Stable
24.01.2020 Silver Touch Technologies Ltd Long Term Bank Facilities of Rs. 55.00 Cr. IVR BBB+ Stable
24.01.2020 Atlas Pet Plas Industries Limited Long Term Facilities of Rs. 12.50 Cr. IVR BB- (ISSUER NOT COOPERATING) Stable
24.01.2020 R. R. Constructions and Infrastructure India Pvt. Ltd. Long Term Facility – Fund Based – Cash Credit of Rs. 27.00 Cr.

Short Term Facility – Non Fund Based - Bank Guarantee of Rs. 67.00 Cr.
IVR BBB- (Re-affirmed)

IVR A3 (Re-affirmed)
Stable

-
23.01.2020 Raghava Constructions (India) Private Limited (RCIPL) Long Term Fund Based Facility - Cash Credit of Rs. 100.00 Cr.

Long Term/Short Term Non-Fund Based Facility - Bank Guarantee of Rs. 584.00 Cr.

Short Term Non-Fund Based Facility – Letter of Credit of Rs. 66.00 Cr.
IVR BBB-

IVR BBB-/IVR A3

IVR A3
Stable

Stable/-

-
21.01.2020 Shriniwas Spintex Industries Private Limited (SSIPL) Long Term Facilities of Rs. 40.00 Cr. IVR BB+ (ISSUER NOT COOPERATING) Stable
21.01.2020 Shri Nagal Aluminium Company Long Term Fund Based Limits –Cash Credit of Rs. 2.25 Cr.

Long Term Rupee Term Loan of Rs. 4.25 Cr.
IVR B+

IVR B+
Stable

Stable
21.01.2020 Ganpati Sponge Iron Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 13.50 Cr. (including sub-limit Inland Letter of Credit of Rs. 2.50 crore)

Long Term Fund Based Facility - Term Loan of Rs. 1.50 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
21.01.2020 Shirja Real Estate Solutions Private Limited Long Term Bank Facilities of Rs. 85.00 Cr. IVR BBB- Stable
20.01.2020 Unimoni Financial Services Limited Long Term Fund Based Facility – Cash Credit of Rs. 324.00 Cr.

Long Term Fund Based Facility – Working Capital Demand Loan of Rs. 546.00 Cr.

Long Term Fund Based Facility – Term Loan of Rs. 44.35 Cr.

Short Term Fund Based Facility - Overdraft of Rs. 20.00 Cr.

Short Term Non Fund Facility – Treasury Limit of Rs. 15.00 Cr.

Long Term /Short Term Non Fund Based Facility – Bank Guarantee of Rs. 10.00 Cr.
IVR A-

IVR A-

IVR A-

IVR A2+

IVR A2+

IVR A-/IVR A2+
Stable

Stable

Stable

-

-

Stable/-
20.01.2020 Shah Nanji Nagsi Exports Private Limited Long Term Fund Based Facilities- Cash credit/ Packing credit of Rs. 70.00 Cr. IVR BB+ (Reaffirmed) Stable
20.01.2020 Shri Maa Marketing Private Limited (SMMPL) Long Term (Fund based)of Rs. 10.00 Cr.

Short Term (Non-Fund based) of Rs. 25.00 Cr.
IVR BBB

IVR A3+
Stable

-
20.01.2020 Adhikar Microfinance Pvt Ltd Long Term Bank Facilities of Rs. 50.00 Cr. IVR BBB- Stable
17.01.2020 Anil Buildcon India Pvt Ltd Long Term / Short Term Facility – Non Fund Based of Rs. 28.00 Cr.

Short Term Facility – Fund Based – Overdraft of Rs. 0.50 Cr.

(Proposed) Short Term Facility – Fund Based of Rs. 0.10 Cr.
IVR BBB-

IVR A3

IVR A3
Stable

-

-
17.01.2020 Mid India Creations LLP. (MICLLP) Long Term (Term Loan) of Rs. 70.00 Cr.

Short Term (Overdraft) of Rs. 5.00 Cr.
Reclassification

Reclassification
-

-
16.01.2020 Shree Jindal Soya Limited (SJS) Long Term Facilities of Rs. 3.00 Cr.

Short term facilities of Rs. 52.20 Cr.
IVR BB (ISSUER NOT COOPERATING)
IVR A4 (ISSUER NOT COOPERATING)
Stable

-
16.01.2020 Suvarna Shilpi Jewellers Private Limited Long Term Bank Facilities of Rs. 4.00 Cr.

Long Term/Short Term Bank Facilities of Rs. 20.00 Cr.
IVR BBB-

IVR BBB- / IVR A3
Stable

Stable / -
16.01.2020 Sambhv Sponge Power Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 17.00 Cr.

Long Term Fund Based Facility - Term Loan of Rs. 11.00 Cr.

Short Term Non-Fund Based Facility – Letter of Credit of Rs. 9.50 Cr.

Long Term Fund Based Facility - Term Loan of Rs. 21.50 Cr.
IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)

IVR A3 (Reaffirmed)

IVR BBB-
Stable

Stable

-

Stable
16.01.2020 S.Pyarelal Ispat Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 20.11 Cr. (including Rs. 12.11 crore proposed limit)
Long Term Fund Based Facility - Term Loan of Rs. 3.16 cr. (Outstanding)

Long Term Fund Based Facility - Cash Credit of Rs. 14.00 Cr.
IVR BBB-

IVR BBB- (Reaffirmed)

IVR BBB- (Reaffirmed)
Stable

Stable

Stable
15.01.2020 Fossil Business Solution Private Limited Bank Facilities- Long Term of Rs. 5.00 Cr. IVR BB Stable
15.01.2020 Victora Automotive Inc. Long Term Bank Facilities-Term Loan of Rs. 32.8 Cr.

Fund Based facilities (CC) of Rs. 4.0 Cr.

Fund Based facilities (Bill discounting) of Rs. 64.0 Cr.

Fund Based facilities (Packing credit) of Rs. 7.0 Cr.

Non fund based facilities (LC/BG) of Rs. 10.0 Cr.
IVR BBB

IVR BBB

IVR A3+

IVR A3+

IVR A3+
Stable

Stable

-

-

-
15.01.2020 Vee Aar Life Space LLP Long Term Bank Facilities of Rs. 100.00 Cr. IVR BB+ Stable
14.01.2020 MEP Longjian VTR Pvt Ltd. (MLVPL) Proposed Term Loan of Rs. 567.78 Cr.

Proposed Non-Fund Based Limit - Performance Bank Guarantee of Rs. 59.15 Cr.

Proposed Fund Based Limit - Overdraft of Rs. 20.00 Cr.
IVR BB+ (ISSUER NOT COOPERATING)

IVR BB+ (ISSUER NOT COOPERATING)

IVR BB+ (ISSUER NOT COOPERATING)
Stable

Stable

Stable
13.01.2020 Shapoorji Pallonji & Company Pvt Ltd. Fund Based Facilities (Long & Short Term) of Rs. 10000.00 Cr.

Non- Fund Based (Long & Short Term) of Rs. 15000.00 Cr.

Commercial Papers of Rs. 1500.00 Cr.
IVR AA- / IVR A1+

IVR AA- / IVR A1+

IVR A1+
Stable/-

Stable/-

-
13.01.2020 Himalaya Polytech Private Limited Long Term Fund based facilities- Term Loan of Rs.6.80 Cr.

Long Term Fund based facilities- Cash credit of Rs. 7.80 Cr. (including proposed limit of Rs. 0.30 Crores)

Short Term Bank Facilities – LC/BG of Rs. 6.00 Cr. (including proposed limit of Rs. 2.0 Crores)
IVR BB (ISSUER NOT COOPERATING)

IVR BB (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

-
10.01.2020 Kalyan Toll Infrastructure Limited Long Term Debt – Term Loan of Rs.139.52 Cr.

Long Term Facility – Fund Based – Cash Credit of Rs. 51.00 Cr.

Long Term / Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 217.90 Cr.

(Proposed) Long Term / Short Term Facility – Non Fund Based – Bank Guarantee of Rs. 2.88 Cr.
IVR A-

IVR A-

IVR A-/IVR A2+

IVR A-/IVR A2+
Stable

Stable

Stable/-

Stable/-
10.01.2020 NRP Projects Private Limited Long Term Bank Facilities of Rs. 45.00 Cr.

Short Term Bank Facilities of Rs. 95.00 Cr.
IVR BBB

IVR A3+
Stable

-
09.01.2020 Amitasha Enterprises Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 50.00 Cr.

Long Term/Short Term Non-Fund Based Facility - Bank Guarantee of Rs. 35.00 Cr.

Short Term Non-Fund Based Facility – Letter of Credit of Rs. 40.00 Cr.
IVR BBB-

IVR BBB- / IVR A3

IVR A3
Stable

Stable

-
09.01.2020 Mahadev Yarns Private Limited Long Term Fund based facilities- Term Loan of Rs. 4.14 Cr.

Long Term Fund based facilities- Cash credit of Rs. 11.36 Cr. (including proposed limit of Rs.0.36 crore)

Short Term Bank Facilities – Bank Guarantee of Rs. 0.50 Cr.
IVR B+ (ISSUER NOT COOPERATING)

IVR B+ (ISSUER NOT COOPERATING)

IVR A4 (ISSUER NOT COOPERATING)
Stable

Stable

-
09.01.2020 Maharaja Ispat Private Limited Long Term Bank facilities of Rs.16.50 Cr. IVR BB+ (Re-affirmed) Positive
08.01.2020 Victora Auto Private Limited Term Loan of Rs.10.00 Cr.

Fund Based Facilities (CC) of Rs. 20.00 Cr.

Fund Based Facilities (Bill Discounting) of Rs. 135.00 Cr.

Non-Fund Based Facilities (LC/BG) of Rs. 25.00 Cr.
IVR A-

IVR A-

IVR A2+

IVR A2+
Stable

Stable

-

-
08.01.2020 SRK Constructions and Projects Pvt Ltd (SCPPL) Long Term Bank Facilities of Rs.60.00 Cr.

Short Term Bank Facilities of Rs. 237.00 Cr.
IVR BBB

IVR BBB
Stable

-
08.01.2020 Jaycon Infrastructure Limited Bank Facilities- Long Term of Rs.40.00 Cr.

Bank Facilities- Short Term of Rs. 60.00 Cr.
IVR D

IVR D
-

-
06.01.2020 Encorp Powertrans Private Limited Long Term Fund Based Facility - Cash Credit of Rs. 30.00 Cr.

Long Term Fun Based Facility -Term Loan of Rs. 0.30 Cr.

Short Term Non-Fund Based Facility - Bank Guarantee of Rs. 45.00 Cr.

Short Term Non-Fund Based Facility - Letter of Credit of Rs. 15.00 Cr.
IVR BB+

IVR BB+

IVR A4+

IVR A4+
Stable

Stable

-

-
06.01.2020 Prachay Capital Private Limited Long Term Bank Facilities – Fund Based Term Loan of Rs.12.50 Cr.

Long Term Bank Facilities – Fund Based Cash Credit of Rs. 12.50 Cr.

Long Term Bank Facilities – Fund BasedTerm Loan (Proposed) Rs. 15.50 Cr.

Long Term Bank Facilities – Fund Based Cash Credit (Proposed) Rs. 7.50 Cr.
IVR BB+

IVR BB+

IVR BB+

IVR BB+
Stable

Stable

Stable

Stable
06.01.2020 Nikhil Adhesives Limited Long Term (Fund based) of Rs.5.00 Cr.

Short Term (Non-Fund based) of Rs. 95.00 Cr.

Long Term (Fund based) Rs. (20.00) Cr.
IVR BBB-

IVR A3 (Reaffirmed)

IVR BBB-
Positive

-

Positive
03.01.2020 Viraj Profiles Limited Fund Based Long Term – CC of Rs.63.50 Cr.

Fund Based Short Term – EPC/PCFC of Rs. 1499.85 Cr.

Non Fund Based Letter of Credit / Bank Guarantee Rs. 924.92 Cr.
IVR BBB+

IVR A2

IVR A2
Stable

-

-
03.01.2020 Regaal Resources Pvt Ltd Long Term Bank Facilities of Rs.115.00 Cr. IVR BBB- (CE) Stable
03.01.2020 K&R Rail Engineering Limited Long Term Bank Facilities/ Short Term Bank Facilities -Bank Guarantee of Rs. 41.50 Cr. IVR BBB- / IVR A3 Stable
03.01.2020 RITES Limited Short Term Bank Facilities of Rs. 850.00 Cr. IVR A1+ (Reaffirmed) Stable
02.01.2020 Asandas and Sons Private Limited Long Term Fund Based Facility - Term Loan of Rs. 33.62 Cr.

Long Term Fund Based Facility - External Commercial Borrowing in Foreign Currency Denomination of Rs. 42.00 Cr.

Long Term Fund Based Facility - Cash Credit of Rs. 22.00 Cr.

Short Term Non-Fund Based- Bank Guarantee of Rs. 8.50 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

Stable

-
02.01.2020 SAK Buildtech Private Limited Term Loan of Rs. 32.00 Cr. IVR BB+ (Reaffirmed) Stable
02.01.2020 Shri Ram Raja Sarkar Lok Kalyan Trust (SRSLKT) Fund Based Facilities- Overdraft of Rs. 2.00 Cr. IVR BB+ (Reaffirmed) Stable
02.01.2020 Optiemus Infracom Limited Lease Rental Discounting Facility (LRD) of Rs. 190.00 Cr. IVR BBB Stable
01.01.2020 GKC Projects Limited Long Term Bank Facilities of Rs. 1981.06 Cr.

Optionally Convertible Debentures of Rs. 183.93 Cr.
IVR D (ISSUER NOT COOPERATING)

IVR D (ISSUER NOT COOPERATING)
-

-
31.12.2019 Shree Ram Resins Private Limited Long Term Fund Based Limits – Cash Credit of Rs. 14.00 Cr. IVR BB+ Stable
31.12.2019 Gagan Ferrotech Limited Long Term Bank Facilities-Cash Credit of Rs. 155.00 Cr.

Long Term Bank Facilities-Term Loan of Rs. 116.00 Cr.

Short Term Bank Facilities-Letter of Credit/Bank Guarantee of Rs. 88.75 Cr.
IVR A

IVR A

IVR A1
Stable

Stable

-
31.12.2019 Amar Shakti Commerce and Industries Limited Bank Facilities- Long Term of Rs. 20.00 Cr. IVR B+ Stable
31.12.2019 Spray Engineering Devices Limited Bank Facilities- Long Term of Rs. 21.00 Cr.

Bank Facilities- Short Term of Rs. 16.00 Cr.
IVR B+

IVR A4
Stable

-
31.12.2019 Mono Steel (India) Limited Long Term Bank Facilities – Cash Credit of Rs. 52.00 Cr.

Short Term Bank Facilities – Bank Guarantee / Letter of Credit of Rs. 218.00 Cr.
IVR A-

IVR A2+
Stable

-
31.12.2019 Ganesh Benzoplast Limited Long Term Debt- Term Loan of Rs. 40.025 Cr. (reduced from Rs. 48.00 crore)

Long Term/Short Term Facility – Bank Guarantee of Rs. 3.25 Cr.


(Proposed) Long Term/Short Term Facility – Bank Guarantee of Rs. 4.725 Cr.
IVR BBB- (Re-affirmed)

IVR BBB- / IVR A3 (Re-affirmed)

IVR BBB- / IVR A3 (Re-affirmed)
Stable

Stable/-


Stable/-
30.12.2019 BFG International Private Limited Long Term(Fund based)of Rs. 17.44 Cr.

Short Term (Non-Fund based) of Rs. 1.25 Cr.


Long Term/Short Term (Non-Fund based) of Rs. 0.65 Cr.
IVR BB

IVR A4

IVR BB/IVR A4
Stable

-


Stable/-
27.12.2019 Vyoman Tradelink India Pvt Ltd Bank Loan Facility of Rs. 63.00 Cr. IVR BBB- (Withdrawn) Stable
27.12.2019 Saj Jewellery Pvt Ltd Long Term Bank Facilities (Proposed) of Rs. 1.00 Cr.

Short Term Bank Facilities of Rs. 10.50 Cr.
IVR BB

IVR A4+
Stable

-
27.12.2019 Rameswar Udyog Pvt Ltd. Fund Based Long Term Facilities(Term Loan & CC) of Rs. 63.30 Cr.

Non Fund Based Long Term (Bank Guarantee) of Rs. 2.00 Cr.

Fund Based Short Term Facility (EPC/PCFC) 27.00 Cr.
IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

-
27.12.2019 Lifeline Multi Ventures Private Limited Long Term Bank Facilities of Rs. 35.00 Cr. IVR BBB- Stable
27.12.2019 Jinaehat Export Pvt Ltd Long Term Bank Facilities (Proposed) of Rs. 1.00 Cr.

Short Term Bank Facilities of Rs. 22.50 Cr.

Short Term Bank facilities (Proposed) of Rs. 2.50 Cr.
IVR BB

IVR A4+

IVR A4+
Stable

-

-
27.12.2019 Jais Jewellery Pvt Ltd Long Term Bank Facilities (Proposed) of Rs. 1.00 Cr.

Short Term Bank Facilities of Rs. 58.00 Cr.
IVR BB

IVR A4+
Stable

-
26.12.2019 Raichur Sholapur Transmission Company Private Limited Long Term Bank Facility of Rs. 240.00 Cr. IVR BBB- Stable
26.12.2019 New Leaf Tea Plantation Private Limited Long Term Bank Facilities - Term Loan of Rs. 7.75 Cr.

Long Term Bank Facilities – Cash Credit of Rs. 3.50 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 0.50 Cr.
IVR BB+ (Reaffirmed)

IVR BB+ (Reaffirmed)

IVR A4+ (Reaffirmed)
Stable

Stable

-
26.12.2019 Prateek Apparels Pvt Ltd (PAPL) Long Term Bank Facilities of Rs. 82.43 Cr.

Short Term bank Facilities of Rs. 9.00 Cr.
IVR BB-

IVR A4+
Stable

-
26.12.2019 Asoke Timber Co Long Term Bank Facilities of Rs. 16.00 Cr.

Short Term Bank Facilities of Rs. 5.00 Cr.
IVR BB

IVR A4
Stable

-
25.12.2019 Indiabulls Infrae