basel live
TRANSCRIPT
ICRA Limited
An Associate of Moody’s Investors Service
Company Name Long Term Short Term
A B Grain Spirits Private Limited LBB+ (SO) A4+ (S)
A. S. Enterprise A4+
A.B. Motions Private Limited LBB
Aarti Drugs Limited LBBB+(Stable) A2
Aarti International Limited LBBB+ A2+
Aarti Steels Limited LBBB+ A2+
AB Sugars Limited LBB+
ABC Industries LBB+ (Stable)
ABC Leathers A4+
Abhishek Corporation Limited LC A4
ABI Showatech (India) Limited LA+(Stable) A1+
Abir Infrastructure Private Limited LBB+ (Stable)
ABP Private Limited LA+ (Stable) A1+
ABS Mercantile Private Limited LBB-
ABT Limited LBBB A2
ABW Infrastructure Limited LBB+
Acalmar Oils and Fats Limited LBBB- (Stable) A3
Accelerated Freeze Drying Company Limited LB A4
Accent Metals Private Limited LBB- A4
Acer India Private Limited LAA- A1+
Acropetal Technologies Limited LBB A4
Acrysil Limited LBBB- A3
Action Ginni Devi Cancer Hospital LBB
Action International LBBB- A3
Action Ispat & Power (P) Limited LBBB-(Stable) A3
Action Retail Ventures Private Limited LBBB-
Adam & Coal Resources Private Limited A3+
Adani Agri Logistics Limited LBBB-
Adani Gas Limited LBBB (Stable) A2
Adani Logistics Limited LBBB-
Adani Petronet (Dahej) Port Private Limited LBBB-(Positive)
Adani Power Limited LBBB A2
Adani Power Maharashtra Limited LBBB
Adani Wilmar Limited LBBB+ A2+
Adarsh Prime Projects Private Limited LBB+
Adcock Ingram Limited LBBB(SO) A2(SO)
Adilabad Expressway Private Limited LBBB-
Adinath Re-rolling Private Limited LBB+ (Stable)
Adisankara Spinning Mills Private Limited LBBB+(Stable)
Aditya Auto Products & Engineering (India) Private Limited LBBB A3+
Aditya Birla Nuvo Limited LAA+ A1+
Aditya Birla Retail Limited LBBB+ A2+
Advanced Micronics Devices Limited LBBB+ A2+
Advantec Coils Private Limited LBB+ A4+
Adwaith Textiles Limited LBB
Aeon Telectronics Private Limited LBB+ A4+
Aerens Goldsouk International Limited LBB+
Aerostar Helmets Limited LBB+ A4+
Afcons Infrastructure Limited LAA (Stable) A1+
Agarwalla Commercial A4
Agile Electric Sub Assembly Private Limited LBBB- A3
Agni Steels Private Limited LBB A4
Agrawal Indotex Limited LBB A4
Agro-Dutch Industries Limited LC A4
Ahmedabad Strips Private Limited LBB+ (Stable) A4+
AIPL Ambuja Housing and Urban Infrastructure Limited LBB
Airolam Limited LB+ A4
Ajay Industrial Corporation LBBB-
Ajeet Seeds Limited LBBB-
Ajnara Farms and Services Limited LBBB-
Akash Ceramics Private Limited LBBB- A3
Aksh Technologies Limited LBB (Stable) A4
Line of Credit Rating (Basel II)
As on April 5, 2010
Company Name Long Term Short Term
Akshar Impex A4
Akshay Aluminium Alloys LBB A4
Akums Drugs and Pharmaceuticals Limited LBBB+ A2+
Al-Gyas Exports Private Limited A3
Alamelu Balaji Spinning Mills Private Limited LBB+ A4+
Albright & Wilson Chemicals India Limited LBB (Stable) A4
Albright & Wilson Chemicals India Limited LBBB-(SO) (Negative) A3(SO)
Alcon Resorts Holdings Limited LBB+ (Stable)
ALD Automotive Private Limited LAAA(SO) (Negative)
Alkali Metals Limited LBBB- A3
Alliance Palms Developers and Constructions Private Limited LBB- (Stable)
Allied Digital Services Limited LA+ A1
Allied Medical Limited LBBB- A3
Allied Poles (India) Limited LBB+ A4+
ALM Industries Limited LBB+ A4+
ALP Overseas Private Limited LB+ A4
Alpha Services LBBB- A3
Alphageo (India) Limited LB+ A4
Alstom Projects India Limited LAA A1+
Alupro Building Systems Private Limited LBBB- (Stable) A3
Alvas Education Foundation LB+
Alwar Power Company Private Limited LBB (Stable)
Amalgamated Plantations Private Limited LA+ (Stable)
Amartex Industries Limited LB+
Ambika Cotton Mills Limited LBB+ A4+
Ambuja Realty Development Limited LBB
Ambuthirtha Power Private Limited LBB+ (Positive) A4+
AMCL Machinery Limited (erstwhile ACC Machinery Company Limited) LA- A1
Amgoorie India Limited LA A1
Amiantit Fiberglass Industries Private Limited LBBB A3+
Amira (Foods) India Limited LBBB- A3
Amit Medicos LBB A4
Amneal Pharmaceuticals Company (India) Pvt. Limited LBB
Amod Stampings Private Limited LBB A4+
Amrit Feeds Limited LBBB- A3
Anand Motor Products Private Limited LBBB (Stable) A3+
Anand Nishikawa Company Limited A4+ LBB+ (Stable)
Anand NVH Products Private Limited LBBB- A3
Anand Rathi Commodities Limited A2+ (SO)
Anand Rathi Financial Services Limited LA- A2+
Anand Rathi Stock & Shares Brokers Limited LA- A2+
Anand Teknow Aids Engineering India Limited LBB- A4
Anant Raj Industries Limited LBBB
Andhra Pradesh Central Power Distribution Company Limited LA- A2+
Andhra Sugars Limited LA- A1
Andritz Hydro Private Limited (Formerly VA TECH Hydro India Private Limited) LA+ A1+
Angel Global Capital Private Limited (formerly Angel Infin Private Limited) A1
Anglo-French Drugs & Industries Limited LBBB- (Stable) A3
Anil Modi Oil Industries Limited LBB+
Anmol Biscuits Limited LA- (Stable)
Anmol Steel Processors Private Limited LBB+ A4+
Annur Satya Textile Limited LB+ A4
Ansaldo STS Transportation Systems India Private Limited LA(SO) A1(SO)
Anshul Steels Limited LBBB- A3
Antique Granito (P) Limited LBBB+ A2+
Anus Laboratories Limited LBBB A3+
Anubhav Hydel Power Private Limited LBB
Anugraha Valve Castings Limited LBBB A3+
Anuh Pharma Limited LBBB A2
Anupama Steels Limited LBB+ A4+
Apcotex Industries Limited LBBB+ A2+
Apeejay Surrendra Park Hotels Limited LA+
Apeejay Tea Limited LA+ A1+
Apex Drugs and Intermediates Limited LBBB- A3
Apollo Hospital International Limited LBBB-
Apollo International Limited LA- A1
Aptech Limited LA+ (Stable) A1+
Aptus Biosciences Private Limited LB
Archidply Industries Limited LB+ A4
Archies Limited LA
Arcoy Bio-Refinery Private Limited LBB
Arkay Energy (Rameswaram) Limited LBBB (Stable) A2
Arora Fashions Limited LBBB (Stable) A3+
Artefact Projects Limited LBBB-
Company Name Long Term Short Term
Artemis Medicare Services Private Limited LBBB-
Artex Apparels LB+ A4
Aruppukottai Shri Ramalinga Spinners Private Limited LB A4
Arvind Motors Private Limited LBB+
ARVS Constructions Private Limited LB+
Arya Iron & Steel Company Private Limited LBB A4
Arya Ship Breaking Company Private Limited LBB+ A4+
Asaco Private Limited LBB- A4
Ashapura Garments Limited LBBB+ A2
Ashok Leyland Limited LAA-(Negative) A1+
Ashwini Infradevelopments Private Limited LBBB-
Asia Woven Sacks Private Limited LBB (Stable) A4
Asian Peroxides Limited LBB A4
ASL Fortune Private Limited LB
Aspen International Private Limited LBBB A2
Associated Road Carriers Limited LA
Aster Infrastructure Private Limited LBB+
Aster Teleservices Pvt. Ltd LBBB+ A2
Astha Projects (India) Limited LBBB-
Astral Pharmaceutical Industries LBBB (Stable) A3+
AT Hydro Private Limited LBB
Atlas Cycles (Haryana) Limited LBBB A3+
Atul Auto Limited LBBB- (Stable) A3
Audco India Limited LAA(Stable) A1+
Aurigene Discovery Technologies Private Limited LAA+(SO) A1+(SO)
Auro Gold Jewellery Private Limited LBB+ (Stable) A4+
Auto Carriage Private Limited LBB
Autometers Alliance Limited LA-(Stable) A2+
Automotive Axles Limited LA-
AVG Motors Limited LBBB- A3
AVI Oil India Private Limited LA A1
Avon Ispat and Power Limited LBBB A3+
AVT McCormick Ingredients Private Limited LBBB+ (Stable) A2+
AVT Natural Products Limited LBBB+ (Stable) A2+
Ayyappa Infra Projects Private Limited LBBB- (Stable) A3
B. Arvindkumar & Company A4
B. Vijaykumar & Company A4+
B.G. Shirke Construction Technology Private Limited LBBB- A3
B.L. Kapur Memorial Hospital LBB
B.V.Bio-Corp Limited LBBB+ (Stable) A2+
Baid Texknit Private Limited LBB A4
Bajaj Capital Limited LBBB (Stable)
Bajaj Electricals Limited LA+(Stable) A1+
Bajaj Kagaj Limited LB A4
Bajaj Motors Limited LA A1
Balajee Infratech & Constructions Private Limited LBBB- (Stable) A3
Balaji Action Buildwell LBB+
Balaji Agro Oils Limited LBB+ A4+
Balaji Exports Co A4+
Balaji Iron & Steel Industries Private Limited LBB- (Stable) A4
Balaji Powertronics LA- A1
Balarama Krishna Spinning Mills Private Limited LBB A4
Balkrishna Textiles Private Limited LBB (Stable)
Balmer Lawrie & Company Limited LAA A1+
Balmer Lawrie-Van Leer Limited LBBB+ A2
Balmukund Sponge & Iron Limited LBBB- (Stable) A3
Balprada Hotels and Hospitality Services Private Limited LBB (Stable) A4
Balrampur Chini Mills Limited LAA- (Stable) A1+
Banbury Impex Private Limited A4+
Banco Products (India) Limited LA+ A1+
Bangalore International Airport Limited LBBB-
Bangalore Surgicals A3+
Bansal Precision Forge Limited LBB- A4
Banspani Iron Limited LA A1
Barflex Polyfilms Private Limited LBB+ (Positive) A4+
Baroda Textile Effects Limited LA(SO) A1(SO)
Basaveshwar Electricals and Engineers LBB+
Bata India Limited LAA (Stable)
BBIPL Infrastructure (India) Private Limited LBB+ A4+
BD & P Hotels (India) Private Limited LB
Beekay Overseas A4+
BEKEM Infra Projects Private Limited LBBB (Stable)
Belgaum Wind farm Private Limited LBBB-
BEML Limited LAA+ A1+
Company Name Long Term Short Term
Bengal Ambuja Housing Development Limited LBBB+
Bengal Shrachi Housing Development Limited LBB+ (Stable)
Benlon India Limited LBBB- A3
Bericap India Private Limited LBB A4
Best India Tobacco Suppliers Private Limited LBB A4
Bestech India Private Limited LBBB- A3
BGR Energy Systems Limited LA A1
Bhagwati Power & Steel Limited LBB+
Bhansali & Company A3
Bharat Bijlee Limited LAA A1+
Bharat Box Factory Limited LB *
Bharat Electronics Limited LAAA A1+
Bharat Fashions & Apparels A4+
Bharat Forge Limited LA+ (Stable) A1+
Bharat Fritz Werner Limited LA A1
Bharat Mines and Minerals LBBB+ (Stable) A2+
Bharat Motors limited LBB+ (Stable)
Bharat Rail Automations Private Limited LBB+ A4+
Bharat Seats Limited LA- A1
Bharat Tissus Private Limited A4
Bharti Airtel Limited LAAA@ A1+
Bhaskar Prakashan Private Limited LBBB+ A2
Bhavya Cements Limited LBB+
Bhavya Constructions Private Limited LBB
Bhawani Industries Limited LBBB- A3
Bheema Cements Limited LB- A4
Bholasingh Jaiprakash Construction Limited LC
Bhurji Supertek Industries Limited LB- A4
Bhuwalka & Sons Private Limited LBB+ (Stable)
Bhuwalka Alloys Private Limited LBB+ (Stable)
Bhuwalka Castings & Forging Private Limited LBB+ (Stable)
Bhuwalka Sales Corporation LBB+ (Stable)
Bihar Raffia Industries Limited LBB+ A4+
Bihar Tubes Limited LBBB+ A2+
Bill Forge Private Limited LBBB- (Stable) A3
Biocon Biopharmaceuticals Private Limited LAA(SO)
Biocon Limited LAA+ A1+
Biological E Limited LBB+ A4+
Bioplus Life Sciences Private Limited A2+
Birla Ericsson Optical Limited LBB+ A4+
Birla Power Solutions Limited LBB- (Stable) A4
BLA Industries Private Limited LBBB+ A2+
BLB Mall Management Company Private Limited LBBB
Bling Telecom Private Limited LBB- (Stable) A4
Bliss GVS Pharma Limited LBBB A3+
BLR Knits Private Limited LBB- A4
Blue Bird Arts Manufacturing Private Limited LBB (Stable)
Blue Dart Aviation Limited LAA(SO) A1+(SO)
Blue Dart Express Limited LAA A1+
BMM Ispat Limited LBBB+ (Stable) A2+
Bohra Industries Limited LBB (Stable) A4
Bola Raghavendra Kamath & Sons A4+
Bola Surendra Kamath & Sons LBB+ A4+
Bommidala Brothers LBBB+ A2
Bommidala Enterprises Private Limited LBBB+ A2
Bonanza Commodity Brokers Private Limited A2
Bonanza Portfolio Limited A2
Bosch Chassis Systems India Limited LAA+ A1+
Bosch Rexroth (India) Limited LAA A1+
Botil Oil Tools India Private Limited LBBB A2
Boving Fouress (P) Limited LA A1
Brahmaputra Infrastructure Limited LBBB A3+
Brandhouse Retails Limited LBBB
BRG Iron and Steel Private Limited LBBB- (Positive) A3
Brigade Enterprises Limited LBBB-
Brijbasi Art Press Limited LBBB- (Stable) A3
Brintons Carpets Asia Private Limited LBBB (Stable) A2
British Scaffolding International Limited LBB A4
BS Transcomm Limited LBBB- (Stable) A3
BSC-C&C Kurali Toll Road Limited LBBB-
BSCPL Infrastructure Limited (earlier B Seenaiah & Company Projects Limited) LA A1
BSL Scaffolding Limited LBBB- A3
BST Textile Mills Private Limited LBB
Budhale & Budhale LBB+ A4+
Company Name Long Term Short Term
Burn Standard Company Limited LBB+ A4+
BVSR Constructions Private Limited LBBB- A3
C Mahendra Exports Limited LBB+ A4+
C.K. Infrastructures Limited LB A4
Cable Corporation of India Limited LB+ A4
Cadila Pharmaceuticals Limited LBBB+ (Stable) A2+
Calcom Cement India Limited LBB+
Cambridge Solutions Limited LBBB- A3
CAMPCO Limited LBB+ A4
Camphor and Allied Products Limited LBBB+ A2
Capital Foods Exportts Private Limited LBB+(Stable) A4+
Capital Foods Limited LBB+(Stable) A4+
Capricorn Food Products India Limited LBBB- (Stable) A3
Carbon Resources Private Limited LBB+ A4+
Cargill Capital and Financial Services India Private Limited LAA+(SO) (Stable) A1+
Cargill Global Trading India Private Limited LAA+(SO) (Stable) A1+
Cargill India Private Limited LAA+(SO)(Stable) A1+
Carrycon India Limited LBB (Stable)
Casil Industries Limited LB A4
Cauvery Coffee Traders LB A4
Cauvery Medical Center Limited LBB
CD Integrated Services Limited A3+
Celebrity Fashions Limited LB- A4
Celerity Power Private Limited LBB+ (Positive)
Cement Manufacturing Company Limited LBBB+ A2+
Century Metal Recycling Private Limited LBBB- A3
Chadha Papers Limited LB+(SO)
Chakradhar Chemicals Private Limited LBB (Stable) A4
Chamong Tee Exports (P) Limited A4+
Chamundi Distilleries Private Limited LBB- (Stable)
Chandi Steel Industries Limited LBB A4
Charbhuja Industries Private Limited LBBB- A3
Chennai Container Terminal Private Limited LA A2+
Chepar Plastics Private Limited LBB+ A4+
Choice Diamond A3
Cholamandalam DBS Finance Limited LAA-(Stable) & A1+
Choudhary Garments * A4+
Chowgule and Company Private Limited LAA- A1+
Chowgule industries Private Limited LBBB+ A2+
Chowgule Steamships Limited LBBB+
Ciemme Jewels Limited LBB A4
Cimaron Constructions Private Limited LBB+
Cinemax India Limited LA- A2+
City Realty & Development Private Limited LBB+
CJ Exporters A4+
Clinigene International Limited LAA(SO) A1+(SO)
CMC Limited LAA (Stable) A1+
CMM Infraprojects Limited LBB-
CMS Computers Limited LBBB-(Negative) A3
Coastal Energen Private Limited LBB
Coastal Energy Private Limited LBBB- A3
Color Chemicals LBB+ A4+
Columbia Petrochem Private Limited LBBB+ A2
Commercial Automobiles Private Limited LB A4
Compuage Infocom Limited LBBB (Stable) A2
Comstar Automotive Technologies Private Limited LBBB+ A2+
Concept Pharmaceuticals Limited LBBB-(Stable) A3+
Conros Steels Private Limited LB A4
Consolidated Construction Consortium Limited LA A1
Consolidated Interiors Limited LA(SO) A1(SO)
Continental Engines Limited LBBB+ A2+
Control & Switchgear Company Limited LA A1
Core Jewellery Private limited A4+
Core Projects and Technologies Limited LA A1
Coromandel Agro Products and Oils Limited LBB+ A4+
Cosmas Pharmacls Limited LBBB- (Stable) A3
Cosmos Premises Private Limited LBB+
Country Club India Limited LA
Cream Jewellery A4
Creation Jewellery Manufacturing Private Limited A3
Crescent Petrochem Private Limited LBBB- A3
Crosseas Capital Services Private Limited A4+
Crystal Granites and Marble Private Limited A4
CSJ Infrastructure Private Limited LBBB
Company Name Long Term Short Term
CTR Manufacturing Industries Limited LA- A2+
D R Exports International LBB (Stable) A4
D&H Secheron Electrodes Private Limited LBBB+(Stable) A2
D. Naresh Kumar A4
D. Nitin & Company A4+
D. S. Kulkarni Developers Limited LB A4
D.D. Properties Private Limited LBB
Daaj Hotels and Resorts Private Limited LBB
Daawat Foods Private Limited LBBB- A3
Dakshin Gujarat Vij Company Limited LA- A2+
Dalmia Cement (Bharat) Limited LAA-
Dalmia Cement Ventures Limited LBBB- A3
Daman Polythread Limited LBB+ A4+
Dass Electric Trading Company Private Limited LBB+
Dauji & Company A4
Davanam Jewellers Private Limited LBB+ A4+
Davangere Sugar Company Limited LBBB- A3
Davariya Brothers A4+
DC Industrial Plant Services Private Limited LB+ A4
DCM Shriram Consolidated Limited LA A1
DD Industries Limited LBB+ A4+
DD International Inc. LBBB- A3
Deccan Alloys Private Limited LBB+ (Stable)
Deccan Cements Limited LBBB+ A2+
Deccans Park Limited LBB+
Decent Diamonds A4+
Deem Roll Tech Limited LBB+ A4+
Deepak Cables (India) Limited LBBB+ A2
Deepak Fertilisers & Petrochemicals Corporation Limited LAA- A1+
Deepak Nitrite Limited LA (Stable) A1
Deepak Steel & Power Limited LBBB A2
Delhi Airport Metro Express Private Limited LA+(SO)
Delhi Gurgaon Super Connectivity Limited LBBB-(SO)
Delhi International Airport Limited LBBB A3+
Delhi Waste Management Limited LBBB (Stable)
Delphi Automotive Systems Pvt Limited A2
Dembla Valves Limited LBBB- (Stable) A3
DEN Networks Limited LBBB (Stable) A3+
Desai Electronics Private Limited LBBB- A3
Deutsche Postbank Home Finance Limited (Erstwhile BHW Home Finance Limited) LAA+ (Negative) A1+
Devashree Ispat (P) Limited LBB+ A4+
Devgiri Exports LBB+ (Stable)
Devika Fibres Private Limited LBB+ A4+
Devu Tools Private Limited LBB A4
Dewa Projects Private Limited LD
Dhamra Port Company Limited, The LBBB+
Dhamra Port Company Limited, The (Sub-ordinate Debt) LBBB
Dhanraj Dhadda Exports A4+
Dhanuka Agritech Limited LBBB+(Stable) A2+
Dhanuka Laboratories Limited LBB+ (Stable) A4+
Dharam Exim A4+
Dharampal Satyapal Limited LA A1
Dharamshala Hydro Power Limited LBB+ (Stable)
Dharmanandan Diamonds Private Limited A3
DHFL Vysya Housing Finance Limited LA+
Dhir International Private Limited A4
Dhoot Transmission Private Limited LBBB- (Stable) A3
Diamond Industries (Ship Breaking Division) LBB A4
Diamond Sea Food Exports A4
Dilip Buildcon Private Limited LBBB
Dilshad Trading Company Private Limited A4
Dimensional Securities Private Limited LBBB- A3
Divine Infracom Private Limited LBB-
Dixcy Textiles Private Limited LBB+ (Stable)
Dixon Technologies (India) Private Limited LBBB+ A2+
DLF Laing ORourke (India) Limited LA-
DN Wind Systems India Private Limited LB+ A4
Donear Industries Limited LBB+ (Stable) A4+
Dr. Reddys Laboratories Limited LAA+ A1+
Dreamz Achievers India Private Limited LBB-
DSF Grand Plazas Private Limited LBB
Duke Fashions (India) Limited LBBB (Stable) A2
Duplex Wires Private Limited LBBB- A3
Dura-Line India Pvt. Limited LA+ A1+
Company Name Long Term Short Term
Durairaj Mills Limited LBB A4
Durha Constructions Private Limited LBBB
Dustven Private Limited LB+ A4
Dwarikesh Sugar Industries Limited LBBB (Stable)
Dwarkadhis Projects Private Limited LBB- A4
Dwekam Electrodes Private Limited LBBB (Stable) A3+
DY Uppar LB+
Dynacons Systems & Solutions Limited LBBB- A3
Dynamatic Technologies Limited LA- A2+
Dynamic Techno Medicals Private Limited LBBB- A3
East Coast Constructions & Industries Limited LBBB- A3
Easun Reyrolle Limited LBBB+ A2+
ECE Industries Limited LA- (Stable) A2+
ECIL-Rapiscan Limited LA-
Edhayam Frozen Foods Private Limited A4
Eicher Motors Limited LAA-(Stable) A1+
Elam Pharma Private Limited LB+ A4
Elastrex Polymers Private Limited LBBB
Elect Systems Engineers Private Limited LBBB- A3
Electromech Material Handling Systems (India) Private Limited LBBB- (stable) A3
Electronica Finance Limited LBBB A3+
EMAS Engineers and Contractors Private Limited LBB- A4
Embee Software Private Limited LBBB (Stable) A3+
Emerald Jewel Industry India Limited LBBB A3+
Emitec Emission Control Technologies India Private Limited LBBB- A3
Emkay Global Financial Services Limited A2+
Emmsons International Limited LBBB A3+
Empee Breweries Limited LBBB(SO)
Empee Sugars and Chemicals Limited LBB+
Empire Industries Limited LBBB+ (Stable) A2
Emson Tools Manufacturing Corporation Limited LBBB- (Stable) A3
Enaltec Labs Private Limited LBB- A4
ENAM Securities Private Limited A1+
Endress+Hauser (India) Automation Instrumentation Private Limited LBBB (Stable) A2
Enem Nostrum Remedies Private Limited LB+ A4
Enfield Gems & Jewellery Limited A4
Ennore Port Limited LA (Stable)
Ennore Tank Terminals Private Limited LBB+ A4+
Enviro Control Associates (I) Private Limited LBBB+ (Stable) A2
Ericsson India Private Limited LAA (Stable)
Eros Resorts & Hotels Limited LBBB- A3
Escorts Construction Equipment Limited LBBB-(Negative) A3
Escorts Limited LBBB- (Stable) A3
Eskay Fine Chemicals LBBB (Stable) A3+
Essar Steel Limited LA A1
Essar Telecom Infrastructure Private Limited LBBB+% A2%
Essel Mining & Industries Limited LA+ A1+
Ester Industries Limited LBBB A3+
ETA Constructions (India) Limited LBBB- (Negative)
ETA Constructions (India) Limited LBBB(SO)(Negative)
ETT Limited LB+
Eveready Industries India Limited LBBB A3+
Everest Industries Limited LA- A1
Exide Industries Limited LAA+ A1+
Expanded Polymer Systems Private Limited LBB+ (Stable) A4+
Expo Freight (Pvt) Limited LBBB-(Stable) A3
Facor Alloys Limited LBBB A3+
Facor Steels Limited LBB+ A4+
Fairlakes (Country Colonizers Private Limited) LBB- A4
Family Credit Limited LAAA(SO)(Negative)
Fancy Fittings Limited LBBB- A3
Farida Shoes Private Limited LBB+ A4+
Fashion Global Retail Limited LBB- (Stable) A4
Feedback Ventures Private Limited LA+(Stable)
Fekari Infrastructure Private Limited LC+
Ferro Alloys Corporation Limited LBBB+ A2
Fertichem Cotspin Limited LBB+ A4+
Finestar Jewellery (India) Private Limited A3
Firepro Systems Private Limited LB+
First Steps Babywear Private Limited LBBB- A3
Fisher Sanmar Limited LAA- A1+
Fives Cail-KCP Limited LBBB- (Stable) A3
Flawless Diamond (India) Limited LBBB- A3
Flemingo Dutyfree Shop Private Limited LA A1
Company Name Long Term Short Term
Flora Marmo Industries Private Limited LBB+
Flowmore Limited LBBB (Stable)
FLSmidth Private Limited LAA- (Stable) A1+
Focus Energy Limited LBBB- A3
Foods & Inn (F&I) Limited LBB+ A4+
Forbes & Company Limited LA+ A1
Forbes Technosys Limited A2+(SO)
Forbes Technosys Limited LA(SO) A1(SO)
Forech India Limited LBBB (Stable) A2
Fortuna Engineering (Nasik) Private Limited LBB A4
Forum Infrastructure Private Limited LBB (Stable)
Forum Project Holdings Private Limited LBB+ (Stable)
Forum Riviera Construction Private Limited LBB (Stable)
Forum Shopping Mall Private Limited LBB+ (Stable)
Foundation Engineering Company LBBB-
Freeworld Exports Private Limited LBB A4
Fresenius Kabi Oncology Limited LBBB+ A2+
Fritzmeier Motherson Cabin Engineering Limited LBBB-(Stable) A3
Frostees Export (India) Private Limited LBB+
Fun Multiplex Private Limited LBBB- (Stable)
Futura Ceramics (P) Limited LBBB- A3
Futura Polyesters Limited LB-
Future Capital Holdings Limited LA
Future Communications Limited LBB+
G R Constructions LBB+
G R Thanga Maligai LBBB A3+
G R Thanga Maligai (Firm) LBBB A3+
G R Thanga Maligai and Sons LBBB A3+
G R Thanga Maligai Jewellers Private Limited LBBB A3+
G. V. Estates & Hotels Private Limited LB
G.R. Engineering Private Limited LBBB+ A2
Gahoi Buildwell Limited LBB+ A4+
GAIL (India) Limited LAAA (Stable)
Gandhi Enterprises A4+
Ganesh Housing Corporation Limited LBBB-
Gangamai Industries and Constructions Limited LBB A4
Gangar Opticians Private Limited LB+
Ganpati Petrochemicals LBBB- (Stable) A3
Ganpati Sugar Industries limited LB-
Garg Acrylics Limited LBBB- (Stable) A3
Garg Furnace Limited LBB+ (Stable) A4+
Garg Inox Limited LB A4
Garnett Speciality Papers Limited LB+ A4
Garware Wall Ropes Limited LA A1+
Gaurav International A3
Gayatri Hi-Tech Hotels Limited LBB-
Gayatri Suitings Limited LBB A4
GCL India Private Limited LBB+ (Stable) A4+
Gem Manufacturing India Private Limited A4+
Gem Star Company A4+
Gem Star Company Private Limited A4
Gemini Communication Limited LB A4
General Mechanical Works Private Limited LBBB- A3
Genus Electrotech Limited LBBB (Stable) A2
Geodesic Techniques Private Limited LBBB- A3
GF Toll Road Private Limited LBBB (Stable)
Ghodawat Foods International Private Limited LBB+(Stable)
GIC Housing Finance Limited LAA+ A1+
Giesecke & Devrient India Private Limited LA- (Stable) A2+
Gini & Jony Limited LB+ A4
Gini Tex Private Limited LBBB- A3
Glaze Garments (India) Limited LBB- (Stable)
Glittek Granites Limited LBB
Global Smelters Limited LBB
Global Trade Finance Limited A1+
Global Wind Power Limited LBBB A2
GMR Ambala Chandigarh Expressways Pvt Limited LBBB A2
GMR Aviation Private Limited LBBB- A3
GMR Aviation Private Limited LBBB(SO)
GMR Bannerghatta Properties Private Limited LBBB+(SO)
GMR Energy Limited (Bank Line) LBBB A3+
GMR Estate Private Limited LBBB+(SO)
GMR Holdings Private Limited LBBB+
GMR Hyderabad International Airport Limited LBBB- A3
Company Name Long Term Short Term
GMR Industries Limited LBBB- A3
GMR Infrastructure Limited LBBB A2
GMR Jadcherla Expressways Pvt Limited LBBB A2
GMR Kamalanga Energy Limited LBBB-
GMR Pochanpalli Expressways Pvt Limited LA- A2+
GMR Power Corporation Limited LA A1
GMR Projects Private Limited LBBB+(SO)
GMR Tambaram Tindivanam Expressways Pvt Limited LA
GMR Tuni Anakapalli Expressways Pvt Limited LA
GMR Ulundurpet Expressways Pvt Limited LBBB A3+
Godrej Agrovet Limited LA A1+
Godrej Consumer Products Limited LAA A1+
Godrej Industries Limited LAA A1+
Godrej Properties Limited LA A1
Goel Jewelery Mart Private Limited LBB+ A4+
Goel Jewellery International LBB A4+
Goel Jewellery Overseas Corp. LBB+ A4+
Goenka Diamond and Jewels Limited A3
Gokak Textiles Limited LBB A4
Gokaldas Exports Limited LA- A2+
Gokul Overseas LBBB- A3
Gokul Refoils & Solvents Limited LBBB A2
Golawala Diamonds A4
Golden Jubilee Hotels Limited LBB+(Stable) A4+
Golden Tobacco Limited LBB+ A4+
Golflinks Software Park Private Limited LBBB-(SO)! #
Goodearth Maritime Limited LBBB
Goodluck Steel Tubes Limited LBBB A3+
Goodricke Group Limited LA+ A1+
Gopani Iron & Power (India) Private Limited LBB+ A4+
Gora Mal Hari Ram Limited LBBB (Stable) A3+
Gowthami Solvent Oils Private Limited LBB A4
Goyal Traders LBB- A4
Grain Milling Company Private Limited LBBB- A3
Grama Vidiyal Microfinance (P) Limited LBBB
Grant Thornton LA+
Graphite India Limited LAA A1+
Great Eastern Energy Corporation Limited LA-
Great Value Foods LBB
Greatweld Steel Grating Private Limited LBB- A4
Greenply Industries Limited LA- A2+
Grindwell Norton Limited LAA A1+
GS Developers and Contractors Private Limited A4
GS Malls Private Limited LBB- A4
GSP International A4
GSPC Pipavav Power Company Limited A2
GSR Movies LBB A4
GSR Textiles Private Limited LB+ A4
GTI Jewellery India Private Limited A4+
GTN Engineering India Limited LBBB (Stable) A2
GTN Industries Limited LB- A4
Guardian Lifecare Private Limited LBB+ (Stable) A4+
Gujarat Chemical Port Terminal Company Limited LBB
Gujarat Energy Transmission Corporation Limited LA- A2+
Gujarat Guardian Limited LAA A1+
Gujarat Industries Power Company Limited LA A1
Gujarat Narmada Valley Fertilizers Company Limited LAA- A1+
Gujarat State Electricity Corporation Limited LA- A2+
Gujarat State Energy Generation Limited LBBB+(Stable) A2
Gujarat Tea Processors and Packers Limited LAA (Stable)
Gujarat Urja Vikas Nigam Limited LA- A2+
Gulf Oil Corporation Limited LBBB (Stable) A3+
Gunjan Exports A3
Guntur Spinning Mills Private Limited LBB A4
Gupta Equities Private Limited LBB+ A4+
Gupta Hair Products Private Limited A4
GVPR Engineers Limited LBBB- A3
H & R Johnson (India) Limited LBBB+% A2+%
H. R. Charitable Trust GSS Institute of Technology LBB- (Stable)
H. Sherul & Company A4
Haldia Petrochemicals Limited LA (Stable) A1
Haldiram Foods International Limited LA+ A1+
Haldiram Manufacturing Company Private Limited LA+ A1+
Haldiram Products Private Limited LA- (Stable) A1
Company Name Long Term Short Term
Haldiram Snacks Private Limited LA+ A1+
Halonix Limited LBBB+ A2
Hare Krishna Metallics Pvt. Limited LBBB- A3
Haresh Agencies LBB
Hari Infrastructure Private Limited LB-
Hari Tag Exports Private Limited LBB A4
Hariharan Foundations Private Limited LBBB- A3
Harinagar Sugar Mills Limited LBBB+(Stable)
Harso Steels Private Limited LBB+ (Stable) A4+
Harvins Constructions Private Limited LBB+ A4+
Hassan Mangalore Rail Development Company Limited LA
Hatimi Steels A4
Hazira Pipe Mill Limited LBBB A2
Hazira Plate Limited LBBB
Heilgers Development and Construction Company Private Limited LBB- (Negative)
Henkel India Limited A1+
Henkel Marketing India Limited A1+
Hero Honda Finlease Limited LAA+ A1+
Hero Honda Motors Limited LAAA A1+
Hero Motors Limited LA- (Stable) A2+
Herve Pomerleau International Inc. (HPI) - Consolidated Construction Consortium Limited LA(SO)
HES Infra Private Limited LBB-
HI-Q Electronics (P) Limited LBBB- A3
Hikal Limited LB+ A4
Hilton Metal Forging Limited LBBB- A3
Himachal Sorang Power Private Limited LBB
Hind Agro Industries Limited LB+
Hind Industries Limited LB+
Hind Metals & Industries Private Limited LB A4
Hindprakash Tradelink Private Limited LBB A4
Hinduja Foundries Limited LBB+(Stable) A4+
Hindupur Vyapar Apparel Park Limited LBB (Stable)
Hindustan Aeronautics Limited LAAA (Stable) A1+
Hindustan Copper Limited LAA- A1+
Hindustan Oil Exploration Company Limited LA+
Hindustan Tin Works Limited LBBB+ A2+
Hindusthan Vidyut Products Limited LA- A1
Hira Power and Steels Limited LBBB A2
Hitesh Plastics Private Limited LBBB (Stable) A2
HLL Lifecare Limited LA A1
Honda Siel Cars India Limited LAA+ A1+
Hooghly Met Coke & Power Limited LA+ A1+
Hotel Excelsior Limited LA-
HPL Socomec Private Limited LBBB A3+
HSIL Limited (erstwhile Hindustan Sanitaryware & Industries Limited) LA (Stable) A1
Hughes Communications India Limited A1
Hughes Network Systems India Limited A2
Huntsman Advanced Materials (India) Private Limited LA
Huntsman International (India) Private Limited LA A1
Hy-Link Overseas Private Limited LBB (Stable) A4
Hy-Tuf Steels Private Limited LBB+
Hyderabad Airport Security Services Limited LBB+(SO)
Hyderabad Industries Limited LA A1+
Hyderabad Urban Development Authority LA-&
Hydril Pressure Control Private Limited LB+ A4
Hydro S&S Industries Limited LBBB A2
Hysco Steel India Limited A2(SO)
Hysco Steel India Limited LBBB (Stable) A3+
IBC Limited LBB A4
IBN 18 Broadcast Limited LBBB-(Stable)
Icconol Petroleum Private Limited LBB
ICICI Home Finance Company Limited LAAA
ICOMM Tele Limited LBBB- A3
Icon Hospitality Private Limited LBBB
ICRA assigns LB+ rating to the bank facilities of Shree Venkatesh Multiservices Private LimitedLB+
ICSA (India) Limited LA+ A1
IDBI Homefinance Limited LAA A1+
IDT Clothing Private Limited LBB+ (Stable) A4+
Idupulapadu Cotton Mills Limited LBB
IG Petrochemicals Limited LBB+ A4+
IHHR Hospitality Private Limited LBBB+
IIC Technologies Private Limited LBBB- A3
IJT Plastics & Tools Private Limited LBB A4
IMC Limited LBBB A2
Company Name Long Term Short Term
Imcola (Exports) Limited A2(SO)
Impact Safety Glass Works Private Limited LB+ A4
Ind Bharath Energies (Maharashtra) Limited LB
Ind Bharath Energies (Thoothukkudi) Limited LB
Ind Bharath Energies Limited LBBB-
Ind Bharath Power Gencom Limited LBB-
Ind Swift Laboratories Limited LBBB+ (Stable) A2+
Ind Swift Limited LBBB A3+
India Carbon Limited LBBB- A3
India Denim Limited LB- A4
India Exposition Mart Limited A4+ LBB+ (Stable)
India Infoline Limited A1+
India Shoes Exports Private Limited LBB+ A4+
Indian Designs LBB A4
Indian Furniture Products Limited LA+(SO) (Stable) A1+(SO)
Indian Oil Corporation Limited LAA+(Positive) A1+
Indian Steel Corporation Limited LBBB- (Stable) A3
Indo Farm Equipment Limited LBBB- (Stable) A3
Indo Shell Auto Agency Private Limited LBB
Indoco Remedies Limited LA+ (Stable) A1+
Indofil Organic Industries Limited LA- A2+
Indraprastha Gas Limited LAAA A1+
Indraprastha Medical Corporation Limited LAA A1+
Indsil Energy and Electrochemicals Limited LBBB- A3
Indsil Hydro and Manganese Limited LBBB A2
Indu Corporation Private Limited LBB A4
Indu Navayuga Infra Projects Private Limited LBBB-
Indu Projects Limited LBBB A3+
Indure Private Limited LBBB A3+
Indus Sports Resorts Private Limited LB+
Indus-League Clothing Limited LBBB- A3
Infinity.Com Financial Securities Limited A2
Inland Road Transport Private Limited LBB A4
Innmar Tourism and Hotels Private Limited LBB (Stable)
Insecticides (India) Limited LBBB+ A2
Intas Pharmaceuticals Limited LAA A1+
Intercontinental Consultants & Technocrats Private Limited LA+ A1+
Interglobe Hotels Private Limited LBBB-
Interjewel A3
International Autotrac Finance Limited LBBB A2
International Combustion (India) Limited LA- A1
International Electron Devices Limited LB+ A4
International Loha Bhandar Private Limited LBB (Stable)
International Mineral Trading Company Private Limited LBB- A4
International Seaport Dredging Limited LBBB- A3
International Seaports (Haldia) Private Limited LBBB- (Stable) A3
International Tractors Limited LAA- A1+
Intime Spectrum Securities Limited LBBB- A3
Intra Vidyut Limited LA+(SO) A1+(SO)
Inventure Growth & Securities Limited A3+
Iqu Power Company Private Limited LBB+
IRM Limited LBBB- A3
ISGEC HACO Metal Forming Machinery Private Limited LBB+
ISKCON Charities A4
Iskrupa Mall Management Company Private Limited LBBB (Stable)
Island Star Mall Developers Private Limited LBB+
Isolloyd Engineering Technologies Limited LA+(SO) A1+(SO)
Itarsi Oils & Flours Limited LBBB- A3
ITD Cementation India Limited LBBB+ A2+
ITD Cementation India Ltd (ITD-ITD Cem JV) LBBB+ A2+
ITP Limited LBBB (Stable)
IVRCL Infrastructures & Projects Limited LA+ A1
J.J. Vora A4
J.K. Associates LBBB- (Stable) A3
Jabs International Private Limited LBBB- A3
Jagannath Sponge Private Limited LBB- (Stable) A4
Jagatjit Industries Limited LBBB (Negative) A2
Jaguar Overseas Limited LBBB- A3
Jai India Weaving Mills Private Limited LBB A4
Jai Raj Ispat Limited LBBB- A3
Jaimin Jewellery Exports Private Limited ^
Jaina Marketing & Associates LBBB A3+
Jaiprakash Associates Limited LA A1
Jaipur Integrated Texcraft Park Private Limited LBB(Stable)
Company Name Long Term Short Term
Jakraya Sugar Limited LBB
Jaksons Developers Private Limited LBB+
Jalpa Diamond A4
Jawandamal Dhannamal LBB+ A4+
Jay Bharat Maruti Limited LA A1
Jay Polychem (India) Limited LBB A4
Jayaswal Neco Industries Limited LBBB- (Stable) A3
Jayshree Chemicals Limited LBBB- A3
Jayshree Die Castings Private Limited LBB A4
Jayshree Tea & Industries Limited LA+ (Stable) A1+
JBM Auto Limited LBBB- A3
JBM MA Automotive Private Limited LBB+ A4+
JCT Limited LC+ A4
Jeewan Motors Private Limited LBB+ A4+
JHS Svendgaard Hygiene Products Limited LBBB-
JHS Svendgaard Laboratories Limited LBB+ A4+
Jhunjhunwala Oil Mills Limited LBB A4
Jhunjhunwala Trading Private Limited LBB
Jindal Drilling & Industries Limited LA- (Stable) A1
Jindal Mectec Private Limited LB+ A4
Jindal Oil & Fats Limited LBB (Stable) A4
Jindal Power Limited LAA A1+
Jindal Saw Limited A1+
Jindal Steel and Power Limited LAA A1+
Jindal Texofab Limited LBB (Stable) A4
Jindal Waterways Limited LBB+
Jindal Waterways Limited (Subordinate Debt) LBB
JKM Infra Projects Private Limited LBBB- (Stable)
JKS Construction Private Limited LBB (Stable)
JMD Limited LBB (Stable) A4
Jocil Limited LA A1
Johnson Enterprise Limited LBB- (Stable) A4
Johnson Jewellers LBB- (Stable)
Joindre Capital Services Limited LBBB- A3
JSK Hotels Private Limited LBBB- A3
JSL Ispat Private Limited LBB
Juhi Alloys Limited LBBB-
Juken Uniproducts Private Limited LBBB-(SO) A3(SO)
Jumbo Bag Limited LBBB- A3
Jushi (India) FRP Accessories Private Limited A4+
Just Textiles Limited LB+ A4
Jyoti CNC Automation Private Limited LBB+ A4+
K P Sanghvi & Sons A2
K R Pulp and Papers Limited LBB+ A4
K. V. Aromatics Private Limited LBB A4
K.H. Arind Private Limited A3+
K.H. Shoes Private Limited LBBB A3+
K.K. Continental Trade Limited LBB A4
K.K. Silk Mills Private Limited LBB(Stable) A4
K.M Sugar Mills Limited LC+ A4
K.P.Garments Private Limited LB+ A4
K.S. Commodities Private Limited LBB (Stable) A4
K.S.C. Educational Society LBB+
Kabeer Textiles Private Limited LBBB- A3
Kadalkanny Frozen Foods LBB A4
KAEFER Punj Lloyd Limited LBBB+ (Stable) A2+
Kajaria Ceramics Limited LBBB- A3
Kakinada Seaports Limited LA A1
Kalapurna Steel & Engineering Private Limited LBB (Stable) A4
Kale Consultants Limited LA- A1
Kalindee Rail Nirman (Engineers) Limited LBBB A2
Kalinga Sponge Iron Limited LBB (Stable) A4
Kallam Agro Products & Oils (P) Limited LBB
Kallam Spinning Mills Limited LBB A4
Kalpataruvu Spinning Mills Limited LBB(Stable)
Kalyan Toll Infrastructure Limited LBBB-
Kalyani Carpenter Special Steels Limited LA- A1
Kalyani Hayes Lemmerz Limited (erstwhile Kalyani Lemmerz Limited) LA- A1
Kalyani Steels Limited LA+ A1+
Kalyani Thermal Systems Limited LB+ A4
Kamdhenu Ispat Limited LBBB A3+
Kamdhenu Polymers Private Limited LBB- (Stable) A4
Kamineni Hospitals Private limited LBBB- A3
Kandhari Beverages Private Limited LA- A1
Company Name Long Term Short Term
Kandhari Hotels Private Limited LBB+(Stable) A4+
Kanishk Gold Private Limited LBB+ (Stable)
Kanishk Steel Industries Limited LBBB A3+
Kapoor Industries LBBB (Stable) A3+
Kar Mobiles Limited LBBB(Stable) A3+
Karamtara Engineering Private Limited LBBB A2
Karamtara Fasteners Private Limited LBBB- (stable) A3
Karamtara Steel Private Limited LBBB- A3
Karnataka Handloom Development Corporation Limited, The LBB+ (Stable)
Karnataka Neeravari Nigam Limited LA(SO)
Karnataka Power Corporation Limited LA A1
Karnataka Water and Sanitation Pooled Fund LA+(SO)
Karuturi Foods Private Limited LA-(SO)
Karuturi Global Limited LA- A2+
Karuturi Telecom Private Limited LA-(SO)
Kashmir Apiaries Exports LB+
KB Mall Management Company Limited LBBB- (Stable)
KBK Chem Engineering Private Limited LA+(SO)@ A1+(SO)@
KCP Projects Limited LBB+
KEC International Limited LA+(Stable) A1
Kejriwal Paper Limited LBBB- A3
Keltech Energies Limited LBBB (Stable)
Kenersys India Private Limited LBBB- (Stable) A3
Kenzo International LBBB+ A2+
Keshri Export A3
Keti Construction (India) Limited LBBB- A3
Keti Sangam Infrastructure (India) Limited LBBB-
Keventer Agro Limited LBBB A3+
Kewalram Textiles Private Limited LBB+ A4+
Keya International LBB- A4
KG Fabriks Limited LB- A4
Khandelwal Laboratories Private Limited LBBB-(Stable) A3
Khanna Industrial Pipes Private Limited LBBB- A3
Khazana Jewellery Private Limited LBBB- A3
Khimji Visram & Sons (Commission Department) A3
Khosla Profil Private Limited LBBB- A3
Khushbu Auto Finance Limited LBB+
KIFS Securities Private Limited A2+
Kilburn Engineering Limited LBBB (Stable)
Kimaya Fashions Private Limted LBB+
Kiran Flour Mills Industries Private Limited LBBB+(SO)
Kiran Global Chems Limited LBBB- A3
Kisan Irrigation Ltd LBBB- A3
Kisan Mouldings Ltd LBBB- A3
KlenePaks Limited LBB A4
KMC Constructions Limited LB+ A2+
Kohinoor Hospitals Private Limited LBB (Stable)
Kohinoor Planet Constructions Private Limited LBB+ (Stable) A4+
Komal Foods Private Limited LBBB A3+
Komos Automotive India Private Limited LBB+
KONE Elevator India Private Limited LAA A1+
Koomber Tea Company Private Limited LA A1
Kota Dall Mill LBB+ (Stable) A4+
Kotak Mahindra Prime Limited LAA
Kotak Urja Private Limited LBB+ A4+
Kothari Cars Private Limited LBBB-
Kothari Sugars and Chemicals Limited LBBB
Koutons Retail India Limited LB+ A4
KRBL Limited LA+ A1
KRF Limited LBBB- A3
Krishidhan Seeds LBB+
Krishna Gems A4
Krishna Maruti Limited LA- (Stable)
Krishna Traders LBB+ (Stable) A4+
Krishnaganga Spinning Mills Private Limited LBB- (Stable)
Krishnamurthy Spinning Mills Private Limited LBB- (Stable) A4
Krishnapatnam Oils and Fats Private Limited LBBB- (Stable) A3
Krishnapatnam Port Company Limited (Bank Line) LBBB
Krishnaveni Sugars Limited LBB+ A4+
Krushna Cotex Private Limited LBB A4
KSB Pumps Limited LAA A1+
KSH International Private Limited LBBB (Stable) A3+
Ksheer Sagar Developers Private Limited LBB+
KSK Mineral Resources Private Limited LBBB- (SO)
Company Name Long Term Short Term
Kudos Chemie Limited LBB+ A4+
Kumaragiri Electronics Limited LBB- A4
Kumaragiri Textiles Limited LB A4
Kurlon Limited LBBB+
Kyungshin Industrial Motherson Limited LAA- A1+
L G Balakrishnan and Bros Limited LA- (Stable) A1
L M Sagar Exports LBB A4
L&T Chennai-Tada Tollway Private Limited LBBB-
L&T Halol-Shamlaji Tollway Private Limited LBBB-
L&T Infrastructure Development Projects Limited LAA
L&T Infrastructure Finance Company Limited LAA
L&T Krishnagiri Thopur Tollways Limited LBBB
L&T Narmada Infrastructure Construction Enterprise Limited LAA-
L&T Panipat Elevated Corridor Limited LBBB+
L&T Transco Private Limited LA(Stable)
L&T Transportation Infrastructure Limited LA+
L&T Western Andhra Tollways Private Limited LA-
L&T-Sargent & Lundy Limited LAA- A1+
La Gajjar Machineries Private Limited LBBB- (Stable) A3
La Opala RG Limited LBBB- A3
Lafarge Aggregate and Concrete India Private Limited LA- A1
Lahari Power & Steels Limited LB+
Lahoti Terra Knitfab Limited LBB-
Lala Munni Lal Mange Ram Charitable Trust LBBB-
Lalsons Jewellers Limited LBB+ A4+
Landis+Gyr Limited LAA+(SO) A2+
Landis+Gyr Limited LBBB+ A2+
LAP Ross Engineering Limited LA- (Stable) A1
Lathiya Brothers A4
Lavu Educational Society LBBB-
Laxcon Steels Limited LBBB- A3
Laxmi Civil Engineering Services Private Limited LBBB- A3
Laxmi Diamond Private Limited LB+ A4
Laxmi Memorial Education Trust LBB+
Laxmi Organic Industries limited LBBB- A3
Laxmi Solvex LBB- A4
Legacy Foods Private Limited LBBB
LH Sugar Factories Limited LBBB+(Stable) A2+
Liberty Phosphates Limited A4 LB+
Light Alloy Products Limited LA+(Stable) A1+
Lilliput Kidswear Limited LA- A2+
Lipi Data Systems Limited LBBB (Stable) A2
Little Bee Products LB+
Lloyd Insulations (India) Limited LA+ A1+
Lokmangal Agro Industries Limited LBB-
Lokmangal Sugar Ethanol and Co-generation Industries Limited LB
Lorenzo Vitrified Tiles Private Limited LBB+ (Stable) A4+
Lovelock & Lewes LA+& A1&
Lovely Fab Prints Private Limited A4
LT Foods Limited LBBB- A3
Lucid Gems A4+
Lumax Industries Limited LBBB+ A2+
Luni Power Company Private Limited LBB
Lupin Limited A1+
Luxmi Tea Company Limited LBBB+ (Stable) A2
M. D. Overseas limited LBBB
M.A. Khizar Hussain & Sons A3+
M.K. Shipping & Allied Industries Private Limited LBB+ A4+
M.P. Khaitan LBB
M.P.Recycling Company Private Limited LB A4
M.S. Khurana Engineering Limited LBBB A2
M/s MK A4+
Maa Tarini Industries Limited LBB
Mackintosh Burn Limited LBBB+(Stable) A2
Macro Polymers Private Limited LBBB- A3
Madhucon Agra Jaipur Expressways Limited LBB+
Madhucon Granites Limited LBBB
Madhucon Projects Limited LA+ (Stable) A1
Madhucon Sugar and Power Industries Limited LBBB-
Madhya Gujarat Vij Company Limited LA- A2+
Madras Cements Limited LA+ A1+
Madras Medical Mission LBB- A4
Madurai Power Corporation Private Limited LA A1
Madurai Tuticorin Expressways Limited LBBB+
Company Name Long Term Short Term
Maestro Fashions LBB+(Stable) A4+
Magneti Marelli SKH Exhaust Systems Private Limited LBB (Stable)
Magnum Steels LBB
Magnum Ventures Limited LBB-
Magppie International Limited LBB A4
Magtel Power Systems Private Limited LBB- (Stable) A4
Mahalakshmi Infraprojects Limited (erstwhile Mahalaxmi Construction Corporation Limited) LBBB+ (Stable) A2
Mahalaxmi Rubtech Limited LBBB- A3
Mahan Plastics Private Limited LBBB- A3
Maharashtra Academy of Engineering & Educational Research LA- (Stable)
Maharashtra Elektrosmelt Limited LAA A1+
Maharashtra Seamless Limited LAA+(Stable) A1+
Maharishi Ayurveda Products Private Limited A3
Maharishi Solar Technology Private Limited LBB+
Mahavir Inductomelt Private Limited LBB+ A4+
Mahavir Rolling Mill Limited LBB+ (Stable) A4+
Mahesh Agri Exim Private Limited A4
Mahindra & Mahindra Limited LAA+ (Stable) A1+
Mahindra Automotive Limited LAA
Mahindra Castings Private Limited LBBB- (Stable) A3
Mahindra Intertrade Limited LAA A1+
Mahindra Logistics Limited LA+ A1+
Mahindra Navistar Automotives Limited LA+
Mahindra Navistar Engines Private Limited LA (Stable) A2+
Mahindra Sona Limited LA A1
Mahindra Steel Service Centre Limited LA+ (Stable) A1+
Mail Order Solutions (India) Private Limited LBBB-
Majestic Auto Limited LA- A1
Malani Construction Company LBB+ A4+
Malhotra Rubbers Limited LBB+ A4+
Maliwal Impex Private Limited LBB A4
Malu Paper Mills Limited LB+ A4
Malwa Industries Limited LB+ A4
Manappuram General Finance and Leasing Limited LA+ A1+
Manav Gems A4
Mangalam Alloys Limited LBBB- A3
Mangalore Refinery Petrochemicals Limited LAAA A1+
Mani Exports A4+
Maniam Properties Private Limited LB+
Manipal Academy of Higher Education LA+
Manipal Health Systems Private Limited LBB A4
Manipal Universal Learning Private Limited LBBB
Manjeet Cotton Private Limited LBBB- A3
Mann Hummel Filter Private Limited A3+
Manney Engineering Private Limited LBB
Manraj Jewellers Private Limited LB A4
Marpol Private Limited LBBB- A3
Marudhar Fashions LBB A4
Marudhar Industries Limited LBB+ A4+
Maruti Comforts and Inn Private Limited LBBB-
Maruti Cotex Limited LC A4
Marwar Carpets International A4
Marwari Balika Vidyalaya Society LBBB-
Mather & Platt Pumps Limited LBBB+ A2
Matrix Clothing Private Limited LBB+ A4+
Max Infratech (India) Private Limited LB+
Maxpower Infosystems LA- A1
Mazda Limited LBBB+ A2+
MBL Infrastructure Limited LBBB A2
McCain Foods (India) Private Limited A1+(SO)
McLeod Russel India Limited LA+ A1+
McML Systems Private Limited LBBB- (Stable) A3
MCS Constructions Private Limited LBBB-(SO)
MCX SX Clearing Corporation Limited LAAA(SO)
Mecc Alte India Private Limited LBBB-(SO) A3(SO)
Mecon Limited LBBB+ A2+
Media Content and Communication Services (India) Private Limited LBBB-(Stable)
MedPlus Health Services Private Limited LBB
Medreich Limited LBBB A2
Megafine Pharma (P) Limited LBBB-(Stable) A3
Mehta & Associates Fire Protection Systems Private Limited LBB+ A4+
Mehta Brothers Gems Private Limited A4+
Merck Limited LAA A1+
Merck Specialities Private Limited A1+
Company Name Long Term Short Term
Merck Specialities Private Limited LAA-(SO) A1+(SO)
Meredian Shipping Agency Private Limited LBBB-
Meridian Chem-bond Limited LBB+ A4+
Metal Closures Private Limited LB- A4
Metal Link Alloys limited LBBB- A3
Metal Ore LBB+ A4+
Metro Exporters Private Limited LBBB A2
Metro Ortem Limited LBBB- A3
Metro Tyres Limited LBBB- A3
Metso Minerals (India) Private Limited LAA (Negative) A1+
Micro Industrial Corporation LBBB- A3
Micromatic Grinding Technologies Limited LBB A4
Microtek International Private Limited LBBB+ A2+
Microtex Energy Private Limited LBB+ (Positive) A4+
Midco Limited LBB+ (Stable) A4+
Middle East Hotel Company Private Limited LBB+ (Stable)
Milkfood Limited LBBB- A3
Millennia Infrastructure Private Limited LBB-
Millennia Properties Private Limited LBB-
Millennia Realtors Private Limited LBB
Minda Corporation Limited LBBB- A3
Minda Industries Limited LBBB A3+
Mineral Enterprises Limited LBBB+ (Stable) A2
Minex Metallurgical Company Limited LA- A2+
Miraj Products Private Limited LBBB (Stable) A2
Mirza International Limited LBBB+
Mithra Agencies LBB+ A4+
Mittal Corp. Limited LBB+ A4+
Mitter Fasteners LBB- A4
Model Buckets & Attachments Private Limited LBBB A2
Modern Industries LBBB-
Modern Vidya Niketan Society LBBB(Stable)
Modest Infrastructure Limited LBB+ A4
Mohan Clothing Company Private Limited LBBB+ A2
Mohan Meakin Limited LBB (Stable) A4
Mohan Spintex India Limited LBB+ A4+
Mohindra Fasteners Limited LBB A4
Mohit Industries Limited LBB+ A4+
Mohtisham Complexes Private Limited LBB
Monarch Gems A4
Money Logix Securities Private Limited A4
Mormugao Port Trust LA
Motherson Sumi Infotech & Designs Limited LA-(Stable) A1
Motherson Sumi Systems Limited LAA- (Stable) A1+
MPP Technologies Private Limited LBBB+(SO) A2+(SO)
MRC Transolutions Private Limited LBBB+ (Stable) A2+
MRO-TEK Limited LBBB+ A2
MSM Energy Limited LB+
Mukesh Industries Limited LBB
Mukesh Steels Limited LBB+ A4+
Mukesh Strips Limited LBB+ A4+
Mukesh Udyog Limited LBB+ A4+
Mumbai Metro One Private Limited LBBB
Mundra International Container Terminal Private Limited LA-(SO)@ A2@
Mundra Port and Special Economic Zone Limited LAA&
Munjal Auto Industries Limited LAA- (Stable) A1+
Munjal Kiriu Industries Private Limited LBBB
Muthoot Hotels and Infrastructure Ventures Private Limited LBB+ A4+
Muthoot Hotels Private Limited LBB+ A4+
MVL Industries Limited (erstwhile Media Video Limited) LBBB- A3
Mydeen Timbers A4
MYK spinning Industries Limited LBB+ (Stable) A4+
Mysore Mercantile Company Limited LBB A4
N. K. Proteins Limited LBB A4
Nagar Kopargaon Infrastructure Private Limited LB-
Nahar Industrial Enterprises Limited LBBB+ A2
Nair Coal Services Limited LBBB- (Stable) A3
Namakkal Transport Carriers Private Limited LBBB- (Stable) A3
Namco Corporation Private Limited LBB+ A4+
Namo Alloys Private Limited LBB A4
Nandi Highway Developers Limited LBBB (Stable)
Nandi Vardhana Textile Mills Limited LBB A4
Narbheram Power & Steel Private Limited LBBB- A3
Narbheram Vishram LBBB+ A2
Company Name Long Term Short Term
Narmada Sugars Private Limited LBB-
Natco Pharma Limited LA+ A1
Nathella Sampath Jewellery Private Limited LBB (stable) A4
National Cooperative Development Corporation LAA- A1+
National Industrial Corporation Limited LBB
National Protein & Solvent Limited LBB+ A4+
NATL Power Limited LBB (Stable)
Natural Sugar and Allied Industries Limited LBBB A3+
Nav Bharat Tubes Limited LBB+ A4+
Navayuga Bengalooru Tollways Private Limited LBBB (Stable)
Navayuga Engineering Company Limited LA A1
Navin Mehta & Company LBB A4
Navinchandra Laxmichand Shah A4
Navjyot International Trading Private Limited A4
Navkar Corporation Limited LBB+
Navratna SG Highway Properties Private Limited LBB+
Navya Industries Private Limited LBB- A4
NCC Urban Infrastructure Limited LA+(SO)
NCL Industries Limited LBBB- A3
Neco heavy Engineering and Castings Limited LB+ A4
Needle Industries India Private Limited LBBB- A3
Neel Metal Products Limited LA A1
Neelkanth Town Planners Private Limited LBB(Stable)
Neelkanth Urban Developers Private Limited LBBB-
Nehru Place Hotels Limited LA-
Nelcast Limited LBBB+ A2+
Neo Structo Construction Limited LBBB+ A2
Neogal Power Company Private Limited LBB
Net 4 India Limited LB+ A4
Netalkar Power Transmission LBB
Network 18 Media and Investments Limited LBBB- A3+
Neutral Glass & Allied Industries Private Limited LBBB+ (Stable) A2+
Neva Garments Limited LBBB- (Stable) A3
New Horizons Limited LBB+ (Stable) A4+
New Modern Technomech Private Limited LBB+
Next Wave India LBB+ A4+
Neyveli Lignite Corporation Limited LAAA
Nhava Sheva International Container Terminal Private Limited LA A1
NHC Industries Private Limited LBB
Nikhil Adhesives Limited LBBB- A3
Nikhil Footwears Private Limited LBBB A3+
Nikhil International LBBB- A3
Nikhil Udyog LBBB- A3
Nikiyog Buildwell Private Limited LBB+
Nile Limited LBBB A3+
Nilons Enterprises Private Limited LBBB+ A2
Nimbark Gems A4
Nirav Gems A4
Nirmal Bang Securities Private Limited LBBB A2
Nirmal Seeds Private Limited LBB
Nitesh Residency Hotels Private Limited LBB
NKG Infrastructure Limited LBBB+ A2
Nobel Hygiene Private Limited LBB+ A4+
Noble Consolidated Glazings Limited LA(SO) A1(SO)
Noble Hospitals Private Limited LBB+ A4+
North Delhi Power Limited LAA A1+
North Western Karnataka Road Transport Corporation LBB+
Northern Strips Limited LBBB- A3
Notandas and Sons LBBB- (Stable)
Novodigm Limited LA- A1
NRC Industries Limited LBB (Stable) A4
NSL SEZ (Hyderabad) Private Limited LBB
NSL Sugars Limited (erstwhile SCM Sugars Limited) LBBB+ A2
NSL Textiles (Edlapadu) Limited(Erstwhile DPM Textile Limited) LBB (Stable) A4
NSL Textiles Limited(Erstwhile Jayavenkatrama Industries Limited) LBB (Stable) A4
NSSL Limited LBBB- A3
NTPC - ALSTOM Power Services Private Limited LA+ A1+
NTPC Limited LAAA A1+
Nu-Tech Prasiddhi Consortium LB
Nuziveedu Seeds Limited LBBB+& A2&
Nyka Steels Private Limited LBB+ (Stable) A4+
Nypro Forbes Products Private Limited LBBB+(SO)
Ocean Sparkle Limited LA+ (Stable) A1
OCL India Limited LAA- A1+
Company Name Long Term Short Term
Octamec Engineering Limited LBBB- (Stable) A3
Offbeat Developers Private Limited LBBB
Oil Country Tubular Limited LA A1
Oil India Limited LAAA A1+
Okaya Power Limited LBBB- A3
Om Anand Exports A4
Om Logistics Limited LA (Positive)
Omax Autos Limited LBBB+ A2
Omaxe Infrastructure & Construction Limited LBB- (Stable)
Omnitech InfoSolutions Limited LBBB+ A2+
ONGC Videsh Limited LAAA A1+
ONGC Videsh Limited (Bank Line) LAAA A1+
Oopal Diamond A4
OPG Energy Private Limited LBBB A2
OPG Industries Limited LBB+ A4+
OPG Metals Private Limited LBB+ A4+
OPG Power Generation Private Limited LBB+ A4+
OPG Power Gujarat Private Limited LBB
Optima Cube Inframaterials Private Limited LBB (Stable) A4
Opto Circuits (India) Limited LA+ A1+
Orbit Exports Limited LBB+ (Stable) A4+
Orient Ceramics & Industries Limited LBBB+ A2
Oriental Carbon & Chemicals Limited LBBB A2
Oriental Hotels Limited LAA- (Stable) A1+
Oripol Industries Limited LBB A4
Osia Gems Private Limited A4+
Oswal Agricomm Private Limited LBB- (Stable) A4
Oswal Arts Private Limited LBB (Stable) A4
Oswal Extrusion Limited LBB A4
Oswal F. M. Hammerle Textiles Limited LBB- A4
Oswal Spinning and Weaving Mills Limited LB- A4
Oswal Traders and Travels Private Limited LB+
Oswal Woollen Mills Limited LBBB+(Stable) A2
Outlook Publishing (India) Private Limited LBBB- A3
Overseas Carpets Limited A4
Oyster Medisafe Limited LB
P. C. Chandra Jewellery Apex Private Limited LBBB (Stable)
P.D. Agarwal Infrastructure Limited LBBB- (Stable)
P.P. Products Private Limited A4
P.R.P Exports LBBB- A3
Padmavati Agencies Private Limited LBB+
PAI International Electronics Limited LBB+ (Stable)
Palani Vijay CottSpin Private Limited LBB A4
Paltech Cooling Towers and Equipments Limited LBB+ A4+
Panache Exports Private Limited LBB+ A4+
Pandit Automotive Private Limited LBB+ A4+
Pantaloon Industries Limited LBBB- (Stable)
Paradeep Phosphates Limited LBBB A2
Paragon Polymer Products Private Limtied LBBB
Paralam Global Private Limited LBB
Paramount Communications Limited LBBB- A3
Paramount Residency Private Limited LBB+(Stable)
Paras Healthcare Private Limited LBB
Parasakthi Cements Industries Limited LBBB- (Negative) A3
Parixit Industries Limited LBBB- A3
Parksons Graphics, Prop.: Abhi-Ani Manufacturing Company Private Limited LBB A4
Parmanand and Sons Food Products Private Limited LBB+
Paschim Gujarat Vij Company Limited LA- A2+
Pashupati Capital Services Private Limited LBBB- A3
Patikari Power Private Limited LBB+
Patnaik Minerals Private Limited LA
Patwa Automotive Private Limited LBB
PBS Foods Private Limited LBB+
PCS Technology Limited LBBB A2
Pearl International A4
Peevees Projects Private Limited LB+
Peninsula Projects (Bangalore) Private Limited LBB (Stable)
Perfect Knitters Limited LB- A4
Perfect Retreads Private Limited LBB+ (Stable)
Permanent Magnets Limited LBB- (Stable) A4
Petro Carbon and Chemicals Private Limited LBB+ (Stable) A4+
Petronet LNG Limited LAA (Stable) A1+
PFH Entertainment Limited LBBB- (Stable)
Phoenix Mills Limited LA-
Company Name Long Term Short Term
Photokina Chemicals Private Limited LB
Phthalo Colours and Chemicals (I) Limited LB A4
Pioneer Distilleries Limited LB+ A4
Pioneer Investcorp Limited LBBB A2
Pipavav Railway Corporation Limited LBB+ (Stable)
Piramal Glass Limited LBBB (Stable) A3+
Piramal Healthcare Limited LAA A1+
Pitti Laminations Limited LBBB- (Negative) A3
Pix Transmissions Limited LBB A4
Planet Pickles Private Limited A2+(SO)
Plastene India Limited LBB+ A4
PLR Projects Private Limited LBB A4
PMC Rubber Chemicals India Private Limited LBBB- A3
PNG Jewellery & Gems LBBB-
Poddar Business Private Limited LBB
Pokarna Limited LB+ A4
Polar Star A4
Polmon Instruments Private Limited LBB- (Stable) A4
Polynova Industries Limited LBBB- A3
Pon Pure Chem (P) Limited LBBB- A3
Pondicherry Tindivanam Tollway Limited LBB
Ponni Sugars (Erode) Limited LBBB+ A2+
Pooja Exports A3
Poona Dal and Besan Mills Private Limited LBBB+ A2+
Poona Dal and Oil Industries Limited LBBB A3+
Poona Flour and Foods LBBB A3+
Poona Roller Flour Mills Limited LBBB A3+
Power Finance Corporation Limited LAAA A1+
Power Grid Corporate of India Limited LAAA A1+
Prabhatam Advertising Private Limited LBB+ (Stable) A4+
Prabhu Dayal Kanojiya LBB (Stable) A4
Pragya Securities Private Limited A4+
Pramukh Gems LBB A4
Pranjal Infrastructure Private Limited LB-
Prasuna Vamsikrishna Spinning Mills Private Limited LBB A4
Prateek Apparels Private Limited LB A4
Pratibha Constructions Engineers & Contractors (India) Private Limited LBBB- A3
Precot Meridian Limited LBBB A2
Preeti Logistics Limited LBBB-
Premier Car Sales Limited LBB+ (Stable)
Premier Explosives Limited LBBB (Positive) A3+
Premier Tobacco Packers Private Limited LBBB+ A2
Prerana Motors Private Limited LBB+ A4+
Preston India Private Limited LBBB+
Prestress Wire Industries LBBB- A3
Price Waterhouse - Kolkatta LA+& A1&
PricewaterhouseCoopers Private Limited LA+& A1&
Pricol Limited LBBB- (Stable) A3
Primrose Realty Projects (Bangalore) Private Limited LBB- (Stable)
Prince Gem and Jewelry Private Limited LBB+ A4+
Prince Pipes & Fittings Private Limited A3 LBBB-
Princeware International Private Limited LBBB+ (Stable) A2
Prism Cement Limited LAA-@ A1+@
Pristine Commercials Private Limited LBB A4
Progressive Civil Construction Co. Pvt. Limited LBB+ A4+
Progressive Share Brokers Private Limited LBB+ A4+
PTC India Financial Services LA+
Pune Kondhwa Realty Private Limited LBBB- (Stable)
Puneet Industries Private Limited LBB+ A4+
Punjab Retail Private Limited LBBB- (Stable)
Pure Chemicals Co LBB+ A4+
Purple Creations Private Limited LBB (Stable)
Pyramid Plastics LBBB A2
Pyrotech Electronics Private Limited LBBB- (Stable) A3
Quality Engineering and Software Technologies Private Limited LBBB A3+
Quality Heightcon Private Limited (erstwhile Quality Construction Company) LBB+ (Stable) A4+
QUEST Holding Co., Inc LBBB+ (Stable)
QuEST Machining and Manufacturing Private Limited LBBB+(SO) A2(SO)
QuEST SEZ Development Private Limited LBBB+(SO) (Stable) A2(SO)
Quintegra Solutions Limited LC *
R K Electrical Industries (India) Private Limited LBB+ A4+
R L Gold Private Limited LB A4
R P Infosystems Private Limited LBBB+
R. Kantilal & Company A4+
Company Name Long Term Short Term
R.K. Powergen Private Limited LBBB- A3
Rabia Leather Industries Private Limited LBBB A3+
Raghav Steels LBB (Stable) A4
Raghu Rama Renewable Energy Limited LBBB- (Stable)
Rai Bahadur Narain Singh Sugar Mills Limited LBB A4
Raj Infrastructure Private Limited LBBB
Raj Rajendra Textile Exports Limited LBB+ A4+
Rajapalayam Mills Limited LBBB- A3
Rajapalayam Spinners Private Limited LBBB- (Stable) A3
Rajasthan Cables & Conductors Private Limited LBB- A4
Rajasthan Transmission Wires Private Limited LB+ A4
Rajasthan Vikas Sansthan LBB
Rajhans Enterprises LBBB-
Rajkumar Forge Limited LBBB- A3
Rajmal Lakhichand & Sons LB A4
Rajmal Lakhichand Jewellers Private Limited LB A4
Rajshree Sugars & Chemicals Limited LBBB A3+
Rajshri Packagers Limited LBBB- A3
Rajshri Packagers Limited LBBB+ (SO)
Raju Spinning Mills Private Limited LBB (Stable) A4
Rajvir Industries Limited LBB A4
Rallison Electricals Private Limited LBBB-
Ram Infrastructure Limite LB- A4
Ram Sarup Deepak Kumar LBB-(Stable)
Rama Newsprint & Papers Limited LBB+ (Negative) A4+
Rama Panels Private Limited LBBB A3+
Rama Paper Mills Limited LB A4
Rama Steel Tubes Limited LBBB- A3
Ramco Industries Limited LA- A1
Ramco Systems Limited LA+(SO) A1+(SO)
Ramdev Sugars Private Limited LBB-
Ramkrishna Forgings Limited LBBB+ (Stable) A2+
Ramkumar Mills Private Limited LB A4
Ramoji Granite Limited LB A4
Ramprastha Promoters & Developers Private Limited LBB+
Ramya Spinning Mills Private Limited LBB
Rana Girders Limited LB+ A4
Rana Polycot Limited LB (Stable) A4
Rana Sponge Limited LB+ A4
Rana Sugars Limited LB A4
Ranbaxy Laboratories Limited A1+
Rane Engine Valves Limited LA (Stable) A1
Rane Holdings Limited LAA- A1+
Ranga Raju Warehousing Private Limited LBB
Ranganayaka Spinning Mills Private Limited LBB A4
Ranjitpura Infrastructure Private Limited LBB+ (Stable)
Ranka-N-Ranka Infrastructure Private Limited LB
Rashi Granite Exports India Private Limited LBB (Stable) A4
Rasi Seeds Private Limited LA+
Rasi Tex India Private Limited LA+(SO) A1+(SO)
Ratanchand Jewellers Private Limited LBB+ A4+
Rathi Bars Limited LBBB (Stable) A2
Rathi Special Steels Limited LBB+ (Stable)
Rathi Steel and Power Limited (erstwhile Rathi Udyog Limited) LB+ A4
Rathi Super Steel Limited LBBB A3+
Ratilal Becharlal & Sons A3+
Ratnadeep Impex A4
Ratnaraj A4+
Raunaq Automotive Components Limited LBBB- A3
RAUS Infras Limited LBB+
Ravalgaon Sugar Farm Limited LBBB- A3
Rave Scans Private Limited LBB+(Stable) A4+
Ravi Technoforge Private Limited LBB A4
Rawmin Mining and Industries Private Limited A3
Raxa Security Services Limited LBBB+(SO)
Raymond UCO Denim Private Limited LBBB- A3
Real Conergy India Private Limited LB+ A4
Real Ispat & Power Limited LBBB A3+
Redington (India) Limited LA+ (Stable) A1+
Reebok India Company LAA-(SO) A1+(SO)
Regent Beers and Wines Limited LB
Reid & Taylor (India) Limited LBBB+ A2+
Relaxo Footwears Limited LBBB+ A2+
Reliable Spaces Private Limited LBB (Stable)
Company Name Long Term Short Term
Reliance Communications Limited LAA+ A1+
Reliance MediaWorks Limited (erstwhile Adlabs Films Limited) LA (Stable) A1
Reliance Power Limited LA (Stable) A1+
Reliance Telecom Limited LAA+ A1+
Religare Aviation Limited LBB+ A4+
Religare Finvest Limited LA+
Religare Securities Limited A1+
Remi Edelstahl Tubulars Limited (erstwhile Rajendra Mechanical Industries Limited) LBB+(Stable) A4+
Renaissance Jewellery Limited A2
Renaissance RTW Asia (P) Limited A4+
Repco Home Finance Limited LA
Repro India Limited LA A1
Rex-Tone Industries Limited LBB+ A4+
Rexon Strips Limited LBB+ A4+
RFCL Limited LA- A1
Riba Textiles Limited LB A4
Richa & Company LBBB- (Stable) A3
Richa Global Exports Private Limited LBBB- (Stable) A3
Richlook Garments Private Limited LBB (Stable)
Rico Auto Industries Limited LA- A2+
Rika Global Impex Limited LBB+ A4+
Rimjhim Ispat Limited LBBB
Rittal India Private Limited LA+ A1
Ritu Shipping Private Limited LB
Riya Travel & Tours (India) Private Limited LBB+
RKSK Overseas Private Limited LBB+
RMC Readymix (India) Private Limited LBBB+% A2+%
RMZ Infotech Private Limited LBBB
Robosoft Technologies Private Limited LB- A4
Rockman Industries Limited LAA-(Stable) A1+
Rohan Motors Limited LBBB- A3
Rohini Industrial Electricals Limited LA A1
Roll Tubes Limited LBB A4
Roman Tarmat Limited LBBB A2
Ronch Polymers Private Limited LBBB A3+
Roots Corporation Limited LBBB+
Rosa Power Supply Company Limited LBBB+
Rosy Blue (India) Private Limited LBBB+ (Stable) A2
Royal Infraconstru Limited LBBB (Stable)
Royal Orchid Hotels Limited LBBB+ A2
Royal Regency Fassions Private Limited LBB A4
RPP Selvam Infrastructure Private Limited A4+
RSB Projects Limited LBBB-(Stable) A3
RT Outsourcing Services Limited A2 LBBB (Stable)
Rubamin Limited LBBB+ (Stable) A2
Rucha Engineers Private Limited LBBB-
Rukmini Iron Private Limited LBB (Stable)
Rukmini Polytubes Private Limited LBB (Stable) A4
Rupesh Kumar & Brothers LBBB- A3
Rusan Pharma Limited LBBB- A3
Rushil Industries Limited LBB A4
S Kumars Nationwide Limited LB A4
S. A. Iron and Alloys Limited LBB (Stable) A4
S.B. & T. Designs Limited A4+
S.C. Chemicals LBB A4
S.D Bansal Iron & Steel Private Limited LBB (Stable)
S.R.R. Jewels A4+
Sabarmati Gas Limited LA+ (Stable)
Sabero Organics Gujarat Limited LBBB- A3
Saboo Sodium Chloro Limited LBB+
Sagar Automobiles Private Limited LBB+ (Stable) A4+
Sagar Grandhi Exports Private Limited LBB+ A4+
Sagar Infra Rail International Limited LBBB- A3
Sahyadri Agro Produce and Dairy Private Limited LBB+ A4+
Sahyadri Starch & Industries Private Limited LBBB (Stable) A3+
Sai Advantium Pharma Limited LBBB-
Sai Global Yarntex (India) Private Limited LBB A4
Sai Regency Power Corporation Limited LBBB- A3
Sai Silks (Kalamandir) Limited LBBB-
Sai Swarnamandir Jewellers Private Limited LBBB- (Stable)
Saileela Synthetics Private Limited LBB (Stable)
Saket Infraprojects Limited LBB
Sakku Spinning Mills Limited LBB- A4
SAL Steel Limited LB A4
Company Name Long Term Short Term
Salasar Steel And Power Limited LBBB-
Salem-Ulunderpet Toll Road Private Limited LBBB-
Salisbury Projects Private Limited LBB+ (Stable)
Saloni Jewellers Private Limited LBBB- A3
Salora International Limited LBBB-
SAM (India) Builtwell Private Limited LBBB
Sam Overseas(Partnership firm) LBB+ (Stable) A4+
Samagra Sikshana Samithi Trust LBB-
Samalpatti Power Corporation Private Limited LA A1
Samrat Plywood Limited LBB- A4
Samtel Glass Limited LB- A4
Sanaa Syntex Private Limited LBB A4
Sanchit Polymers LBBB- A3
Sandhya Spinning Mill Limited LBBB- A3
Sanghvi Foods Private Limited LBBB- A3
Sanghvi Movers Limited LA+ A1
Sanman Trade Impex Private Limited LBBB+ A2
Santosh Fine-Fab Limited LBB A4
Sara Exports Limited LBB+ A4+
Saraf Agencies Private Limited LB+
Saraswati Industrial Syndicate Limited LAA- (Stable) A1+
Saraswati Sugar Mills Limited LA- (Stable) A1
Sarla Fabric Private Limited LBBB-(SO) A3(SO)
Saru International Private Limited LBB (Stable) A4
Sasan Power Limited LBBB A2
Saswad Mali Sugar Factory Limited, The LBB+
Satkar Realties Private Limited LBB+
Satyam Enterprises LBB A4
Saurabh Agrotech Private Limited LBBB- A3
Saurashtra Containers Private Limited LBB-
Saurashtra Ferrous Private Limited LBB- A4
Saurashtra Fuels Private Limited LBB- A4
Saville Estate Private Ltd LBBB-
Savio Ceramica Private Limited LBB A4
Saya Automobiles Limited LBB A4
SBEC Projects Private Limited LBB+ (Stable) A4+
Schneider Electric Conzerv India Private Limited (earler Conzerv Systems Private Limited LA+ A1+
Scorpios Apparels Private Limited LBB+(Stable) A4+
Scotts Garments Limited LBBB (Stable) A3+
SE Investments Limited LBBB
Sealion Sparkle Maritime Services Limited LA- (Stable)
Sealion Sparkle Port & Terminal Services (Dahej) Limited LA- (Stable)
Seaways Shipping Limited LBBB-
Secon Private Limited LA A1
Seeds & Grains India Private Limited A4
Select Infrastructure Private Limited LBBB+
Selvakumar Spinners Private Limited LBB-
Sentini Bioproducts (P) Limited LBB+ A4+
Sentini Ceramica (P) Limited LBBB+ A2+
Sevcon (India) Private Limited LBBB- A3
Seven India Hospitality Private Limited LBB
Seven Island Shipping Limited LBBB
Shah and Jain Constructions Private Limited LB+
Shah Brothers Ispat Private Limited LBB (Stable) A4
Shahi Exports Private Limited LBBB- A3
Shakti Sugar Mill Private Limited LBB-
Shakumbari Sugar and Allied Industries Limited LBBB-
Shalimar Pellet Feeds Limited LBBB- A3
Shanthi Gears Limited LAA- A1+
Shapoorji Pallonji & Company Limited LAA+ A1+
Sharda Maa Enterprises Private Limited LBBB-
Share Microfin Limited LBBB (Stable)
Share Microfin Limited LBBB+ A2+
Sharp Menthol India Limited LBBB+ A2+
Sharp Tanks & Structurals Private Limited LBBB- A3
Sharpmind Developers LBBB-
Shashi Cables Limited LBB+ A4+
Shasun Chemicals & Drugs Limited LBBB- (Negative) A3
Sheetal Manufacturing Company Private Limited LBBB- A3
Shell MRPL Aviation Fuels and Services Private Limited LA- A1
Shemaroo Entertainment Private Limited LBB A4
Sheth Developers Private Limited LB+
Shilpa Stock Brokers Private Limited LBB+ A4+
Shingote Agro Foods Private Limited LBB-
Company Name Long Term Short Term
Ship Breaking Corporation A4
Shipra Estate Limited LB+
Shipra Hotels Limited LBB- (Stable)
Shirani Automotive Private Limited LBB- (Stable) A4
Shirdi Country Inns Private Limited LB
Shiv Shakti International Private Limited LBB A4
Shiva Shankar Minerals Limited A4+
Shiva Speciality Yarns Limited LB+ A4
Shiva Texfabs Limited LBB+ A4+
Shivam Iron & Steel Company Limited LBB+ A4+
Shivam Motors Private Limited LB+ A4
Shodhana Laboratories Limited LBBB A2
Sholingur Textiles Limited LBB- A4
Shree Agencies Limited LBB+ A4+
Shree Ambika Sugars Limited LBBB (Stable) A3+
Shree Arun Packaging Company Private Limited LBB A4
Shree Krishna Paper Mills & Industries Limited LBB- A4
Shree Krishna Vanaspati Industries Private Limited LBB+ A4+
Shree N M Electricals Limited LBBB- A3
Shree Naman Builders Private Limited LBB-
Shree Naman Developers Limited LBB+ A4+
Shree Naman Hotels Private Limited LBB+
Shree Pushkar Petro Products Limited LBBB- A3
Shree Renuka Sugars Limited LA+@ A1+@
Shree Sai Baba Ship Breaking Company LBB+ A4+
Shree Shivsagar Sugar & Agro Products Limited LBB (Stable)
Shree Swastic Sales Corporation Private Limited LBB- A4
Shri Bajrang Power and Ispat Limited LBBB+ A2
Shri Govind Realty Private Limited LBB (Stable)
Shri Govindaraja Mills Limited LB- A4
Shri Hiranyakeshi Sahakari Sakkare Karkhane Niyamit LBB-
Shri Ken Enterprises Private Limited LBB- (Stable) A4
Shri Malaprabha Sahakari Sakkare Karkhane Niyamitha LBB
Shri Ram Murti Smarak Trust LBBB-
Shri Ramalinga Mills Limited LB A4
Shri Rathi Steel (Dakshin) Limited LBBB-
Shri Rathi Steel Limited LBBB-
Shri Sidhdata Ispat Private Limited LB+ A4
Shri Sidhdata Steel Tubes LB+ A4
Shri Sudershan Tubes LB+
Shri T.P.Textiles Private Limited LBB (Stable) A4
Shrigopal Rameshkumar LBB+ A4+
Shrigopal Rameshkumar Sales Private Limited LBB+ A4+
Shrinet and Shandilya Construction Private Limited LBB+
Shriniwas Education Society LBBB- (Stable)
Shyam Industries LBB+ A4+
Shyam Industries Limited LBB- A4
Shyama Power (India) Private Limited LBBB (Stable) A3+
Sical Iron ore Terminals Limited LBBB- A3
SICOM Investments and Finance Limited LBBB+ A2+
Sidds Jewels Private Limited A3
Siddhant Chemicals LBB A4
Siddharth Colorchem Limited LBBB- (Stable) A3
Siddhartha Industries A4
Siddhi Edibles Private Limited LBB- (Stable) A4
Sidhivinayak Filaments Private Limited LBB
Siena Engineering Private Limited LBB A4
Siesta Hospitality Services Limited LBBB-
Sigma Freudenberg NOK Private Limited LA-(Stable) A1
Sigma Vibracoustic (India) Private Limited LA (Stable) A1
Silica Ceramica Private Limited LBBB-
Silktex Limited LB+ A4
Silver Crest Clothing Private Limited LA- A2+
Simalin Chemical Industries Private Limited LBBB A2
Simhapuri Energy Private Limited LBB+
Simon India Limited LA+(SO) A1(SO)
Simplex Engineering and Foundry Works Private Limited LA- A2+
Singhi Cables & Conductors Private Limited LBB- A4
Sinosteel India Private Limited LA- A2+
Sintech Precision Products Limited LBB+ A4+
Siomond Pharmaceuticals Private Limited LBB A4
Sir Shadi Lal Enterprises Limited LBBB- A3
Sistema Shyam Teleservices Limited (erstwhile Shyam Telelink Limited) LAA-(SO)
Siti energy Limited LB+ A4
Company Name Long Term Short Term
Situations Advertising and Marketing Services Private Limited LBBB- A3
Siva Compulink Limited LA-(SO) (Stable)
Siva Industries and Holdings Limited (erstwhile Sterling Infotech Limited) LA- (Stable)
Siva Ventures Limited (Bank Line) LA-(SO) (Stable)
Sivaraj Spinning Mills Private Limited LBBB+ (Stable)
Sivaswati Textile Private Limited LBB A4
SJP Real Estate Limited LB
SJS Enterprises Private Limited LBBB A3
SK Systems Private Limited LBB+ (Stable) A4+
SKH Metals Limited LBB+ A4+
SKM Animal Feeds and Foods (India) Limited LBBB- (Stable) A3
SKS Textiles Private Limited LBB+ A4+
Skygourmet Catering Private Limited LBB+ A4+
Skyline Agro Private Limited LBB A4
SMC Power Generation Limited LB+
SN Nirman Infra Projects Private Limited LBBB- (SO)
SNC Jewels Private Limited A4+
SNC Power Corporation (P) Limited LBB+ A4+
Sofed Retailer Private Limited LBB
Soham Mannapitlu Power Private Limited LB+
Soktas India Private Limited LBB+ A4+
Solar Semiconductor Private Limited LB+ A4
Soma Enterprise Limited LBBB- A3
Somany Ceramics Limited LBBB A3+
Sona Fuji Kiko Automotive Limited LBBB (Stable)
Sona Koyo Steering Systems Limited LA- (Stable) A2+
Sona Somic Lemforder Components Limited LBBB+(Stable) A2
Sonal Gems A4
Sonam Builders LBB+
Soundarya Decorators Private Limited LBBB- A3
South Asian Agro Industries Limited LB+
SP Apparels Limited LBB A4
SP Superfine Cotton Mills Private Limited LB- A4
SPA Heights Private Limited LB+ A4
Space Matrix Limited LBBB A3
Spaceage Associates LBB- (Stable) A4
Spacewood Furnishers Private Limited LBBB- A3
Spads Textiles Limited LB A4
Spark Electrodes Private Limited LBB (Stable) A4
Sparklings Traders Private Limited LBB-(Stable) A4
Specific Ceramics Limited LBB+ A4+
Sportking India Limited LBB+ A4+
SPR Group Holdings Private Limited LBB- A4
SR Drugs and Intermediates Private Limited LBBB- A3
Sree Akkamamba Textiles Limited LBB+ (Stable) A4+
Sree Lalitha Parameswari Spinning Mills Private Limited LBB(Stable) A4
Sree Laxmi Ship Breakers LB
Sree Metaliks Limited LBBB- A3
Sree Rayalaseema Alkalies & Allied Chemicals Limited LB+ A4
Sri Anjaneya Agrotech Private Limited LB+
Sri Balaji Educational & Charitable Public Trust LBBB-
Sri Bhagawan Mahaveer Jain Educational & Cultural Trust LBB
Sri Bhagirath Textiles Limited LBB
Sri Dhanalakshmi Cotton & Rice Mills Private Limited LBBB A2+
Sri Harini Textiles Limited LA-(SO) (Stable) A1(SO)
Sri Jayarama Automotives Private Limited LBB (Stable) A4
Sri Kannapiran Mills Limited LBB A4
Sri Krishna Pharmaceuticals Limited LBBB- A3
Sri Krishna Shelters Private Limited LBB A4
Sri Lakshmikantha Spinners Limited LBB A4
Sri Manakula Vinayaga Educational Trust LBBB-
Sri Matha Spinning Mills Private Limited LBBB+ (Stable)
Sri Narasus Coffee Company Limited LBB+ A4+
Sri Panchajanya Power Private Limited LB+
Sri Sai Krishna Hydro Energies Private Limited LBB
Sri Shanmugavel Mills Private Limited LBBB+ (Stable) A2+
Sri Srinivasa Spintex Private Limited LBB (Stable)
Sri Velayudhaswamy Spinning Mills Private Limited LBBB+ (Stable)
Sri Venkata Lakshmi Narasimha Spinning Mills Private Limited LBB- A4
Sri Venkata Sai Educational Society LB+
Sri Venkata Siva Parvathi Spinning Mills Private Limited LBB A4
Sri Venkatarama Oil Industries Limited LBB A4
Sri Vishnu Shankar Mill Limited LBBB- A3
Srini Food Park Private Limited LBB (Stable)
Company Name Long Term Short Term
Srinivasa Cotton and Oil Mills Limited LBB+
Sriram Spinning Mills Limited LBB A4
SRR Projects Private Limited LBB
SRS Limited LBBB- (Stable) A3
SSF Plastics (India) Private Limited LBBB (Stable) A2
SSIPL Retail Limited LBB
SSPDL Limited LBB A4
SSTA Logistics (India) Private Limited LBBB-
SSV Fab Industries Private LBB+ (Stable) A4+
St. Sirdi Sai Education Society Limited LBB+
Standard Chartered STCI Capital Markets Limited A1+
Stanley Lifestyles Limited LBB A4
Stanpacks (india) Limited LBB A4
Star Agro Marine Exports Private Limited LBB A4
Star Circlips & engineering Limited LBB+ A4+
Star Wire (India) Limited LBBB(Stable) A2
Starex Developers Private Limited LBB
Starlight Systems Private Limited LBBB-
Starlite Lighting Limited LA+(SO)(Stable) A1+(SO)
State Trading Corporation of India Limited LBBB- (Negative) A3
STCL Limited LC A5
Steamline Industries Limited LBB A4
Steel Exchange India Limited LBB+ (stable) A4+
Steelfab Building Systems LBBB- A3
STEER Engineering Private Limited LBBB- A3
Sterling & Wilson Power Gen Private Limited LBBB A3+
Sterling & Wilson Private Limited LAA- A1+
Sterling Generators Private Limited LA(SO) A1(SO)
Sterling Generators Private Limited LBBB A3+
Sterling Projects and Engineering Limited LA-(SO) A2+(SO)
Stewart Holl (India) Limited LA A1
STUP Consultants Private Limited LA+ (Stable)
Subhash Projects and Marketing Limited LBBB- (Stable) A3
Subhasri Pigments Private Limited LBB+ A4+
Subros Limited LA+ (Stable) A1+
Sudarshan Chemical Industries Limited LA (Stable) A1
Sudhan Spinning Mills Private Limited LBBB+ (Stable) A2+
Sudhir Gensets Limited A1+
Sudhir Power Projects Private Limited A1+(SO)
Sumeet Exports LC A4
Sumit Diamond (India) Private Limited A4+
Sun Nirman Infrastructure Private Limited LBB+ A4+
Sunalco Alloys Private Limited LBB
Suncity Art Exporters A3
Sundaram BNP Paribas Home Finance Limited LAA
Sundaram Brake Linings Limited LA- (Stable) A1
Sundaram Finance Limited LAA+ (Stable)
Sundaram Industries Limited LA+ A1+
Sunflag Filaments Limited LBB+ A4+
Sungro Seeds Limited LBBB- A3
Sungwoo Gestamp Hitech Chennai Limited (erstwhile Technical Stampings Automotive Limited)LA (Stable)
Sunland Alloy LBB+ (Stable)
Sunland Metals Recycling Industries LBB+ (Stable) A4+
Sunrise Containers Limited LBBB+ (Stable) A2+
Sunstar Overseas Limited A3
Sunstar Precision Forge Limited LB A4
Super Plastic Coats Private Limited LBBB- A3
Super Religare Laboratories Limited LA (Stable) A1
Super Spinning Mills Limited LB
Superhouse Limited LBBB+ A2+
Suprajit Engineering Limited LBBB+ A2
Supriya Spinning Mills Limited LBB A4
Surana Corporation Limited LBBB A3+
Surat Metallics Private Limited LBB
Suresh Brothers A4
Surya Pharmaceutical Limited LBBB- A3
Suryachakra Power Corporation Limited LB+ A4
Suryajyoti Spinning Mills Limited LBB A4
Suryakiran International Limited LBB (Stable) A4
SuryaLakshmi Cotton Mills Limited LBB (Stable) A4
Suryalata Spinning Mills Limited LBB A4
Sushil Financial Services Private Limited A3
Sutures India Private Limited A2+
Suvidhi Rayons Private Limited LBB (Stable)
Company Name Long Term Short Term
Suyog Electricals Limited LBBB- A3
SVG Fashion Limited LBBB-
Swagat Synthetic Private Limited LBB (Stable) A4
Swaraj Mazda Limited LA+ A1
Swastik Pipes Limited LBBB A3+
Swati Menthol & Allied Chemicals Limited LBB+ A4+
Sykes & Ray Equities (India) Limited A3
Synergy Shakthi Renewable Energy Limited LBBB-
Syngene International Limited LAA- A1+
Systematix Shares & Stocks (India) Limited LBBB- A3
T A Pai Management Institute LBB+
Tablets (India) Limited LBBB- A3
Tagros Chemicals India Limited LBBB- (Stable) A3
Taj Frozen Foods India Limited LBBB- A3
TAJ GVK Hotels & Resorts Limited LAA- (Stable) A1+
Talbros Engineering Limited LBB+ A4+
Tamil Nadu Cooperative Housing Federation LB(SO)
Tamil Nadu Cooperative Housing Federation LB+(SO)
Tamil Nadu Cooperative Housing Federation Limited LC
Tamil Nadu Dindigul Karur Expressway Limited (TNDK) LBBB
Tamil Nadu Electricity Board LBBB+
Tamil Nadu Electricity Board (Bank Line) LBBB-
Tamil Nadu Newsprint & Paper Limited LAA- A1+
Tanaaya Gems and Jewellery Exports Limited ^
Tanfac Industries Limited LBBB (Negative) A3+
Tanglin Developments Limited LBBB+(SO)
Tanglin Retail Reality Developments Private Limited LBBB+(SO)
Tanna Agro Impex Private Limited A3
Tara Health Foods Limited LBB A4
Tarajyot Polymers Limited A4
Tarela Power Limited LBB
Tasa Foods Private Limited LBB A4
Tata Advanced Materials Limited LA- A2+
Tata Business Support Services Limited LA A1
Tata Capital Limited LAA+ A1+
Tata Coffee Limited LAA A1+
TATA Consultancy Services LAAA A1+
Tata Cummins Limited LAA
TATA Elxsi Limited LAA- A1+
Tata International Limited A1+
Tata Metaliks Kubota Pipes Limited LBBB+ (Negative)
Tata Metaliks Limited LA- A2+
Tata Motors Finance Limited LA (Positive) A1+
Tata Motors Limited LA+ (Positive) A1+
Tata Petrodyne Limited A1+
Tata Refractories Limited LAA A1+
Tata Ryerson Limited LAA- A1+
Tata Sponge Iron Limited LAA A1+
Tata Tea Limited LAA A1+
Tata Teleservices (Maharashtra) Limited LA- A1
TCS Textiles Private Limited LBBB- (Stable) A3
TDI Infrastructure Limited LB+
Technico Industries Limited LBB+(Stable) A4+
Techno Fab Manufacturing Limited LBBB- A3
Techno Shares and Stocks Limited LBBB-(Stable) A3
Techpark Hotels Private Limited LBBB-
Teekay Marines Private Limited LBB (Stable) A4
Teesta Urja Limited LBB+
Tejas Networks Limited LA- A2+
Tejassarnika Hydro Energies (P) Limited LBB-
Telco Construction Equipment Company Limited LAA-(Stable)
Teledata Informatics Limited LD A5
Teledata Marine Solutions Limited LD A5
Television Eighteen India Limited LBBB-
TEMA India Limited LBBB A3+
Tempsens Instruments (India) Private Limited LBBB- (Stable) A3
Terra Energy Limited LBBB (Stable) A3+
Tex-Styles International Private Limited LBB- A4
Texport Syndicate (India) Limited A4
Thai Summit Neel Auto Private Limited LBBB- A3
Thanjavur Spinning Mill Limited LBBB- A3
The Andhra Petrochemicals Limited LBBB+ A2
The Community Centre LB+
The Institute of Chartered Financial Analysts of India LA-
Company Name Long Term Short Term
The Ramaraju Surgical Cotton Mills Limited LBBB- A3
The Shanker Vittal Motor Company Limited LB
The Travancore Cochin Chemicals Limited LB A4
Thejo Engineering Limited LBBB- A3
Thermax Engineering Construction Company Limited LAA
Thermax Engineering Construction Company Limited LAA+(SO)
Thermax Limited LAA+ A1+
Theva & Co. LBB A4
Thiru Arooran Sugars Limited LBBB (Stable) A3+
ThyssenKrupp Industries India Private Limited LAA
Tibrewala Electronics Limited LBBB- A3
Tide Water Oil Co. (India) Limited LAA- A1+
Tijaria Polypies Limited LBBB- A3
TIL Exports Private Limited LBBB- A3
Tilaknagar Industries Limited LBBB- A3
Tinplate Company of India Limited LA A1
Tirupathi Yarntex Spinners Private Limited LB A4
Tirupati Buildcon Private Limited LBBB-
Titan Industries Limited LAA A1+
Topworth Pipes and Tubes Private Limited LBB+ (Stable)
Torrent Cables Limited LA+ A1+
Torrent Pharmaceuticals Limited LAA A1+
Tradecom International Private Limited LBB A4
Tradeline Enterprises Private Limited LC A5
Trading Engineers (International) Limited LBBB+ A2+
Transafe Services Limited LA- A2+
Transasia Bio-medicals Limited LAA- A1+
Transformers and Rectifiers of India Limited LA A1
Transglobal securities Limited * A3
Transpek Industry Limited LBBB- (Stable) A3
Trichy Thanjavur Expressways Limited LBBB-
Trichy-Dindigul Toll Road Private Limited LBBB-
Trichy-Karur Toll Road Private Limited LBBB-
Trimurti Polychem Private Limited LBBB- (stable) A3
Trinethra Super Retail Limited LBBB+
Triofab India Private Limited LBB+ A4+
Trishul Exotic Private Limited LBB- (Stable) A4
Triveni Engineering & Industries Limited LA+ A1+
Troikaa Pharmaceuticals Limited LBBB- A3
TTP Technologies Private Limited LBBB+ A2+
Tubeknit Fashions Limited LBB- A4
Tulsi Foundries Limited LBB A4
Tulsyan NEC Limited LBB A4
Turbo Energy Limited * A1+
Turbovent Industries Private Limited LBBB- (Stable) A3
TV Sundram Iyengar & Sons Limited LAA+ (Stable) A1+
TVS Logistics Services Limited LA+ A1+
Twilight Litaka Pharma Limited LBBB A2
U.P. Telelinks Limited LBBB- A3
Uan Max Infra Limited LB+
UB Engineering Limited LBBB A2
Udayan Greenfields Private Limited LBB+
UKB Electronics Private Limited LBB+ (Stable) A4+
Unimark Remedies Limited LBBB+ A2
Unimed Healthcare Private Limited LBB+ (Stable) A4+
Union Chains & Jewellery Private Limited LBB+ A4+
Uniproducts (India) Limited LBBB- A3
Unique Punch Systems Private Limited LBB
Unique Structures and Towers Limited LBBB- A3
Unique Technobuild Private Limited LBBB-
Unisource Papers Private Limited LBB- A4
United Breweries Limited LBBB+ A2+
United Brothers LBB A4
United Millennium Breweries Limited LBBB(SO)
United Seamless Tubulaar Private Limited LBBB
United Spirits Limited LBBB+ (Stable) A2
United Storage and Tank Terminals Limited LBBB A2
United Tele Links (Bangalore) Limited A2
United Telecoms Limited LBBB- (Stable) A3
Unitex International Private Limited LD A5
Universal Comfort Products Private Limited LA+ A1+
University of Petroleum and Energy Studies LA-(Stable)
Uniword Telecom Limited LC A4
Upkar Estates LBB (Stable)
Company Name Long Term Short Term
Usha International Limited LA A1
Ushodaya Enterprises Private Limited LA+ A1+
Uttam Galva Metallics Limited LBBB-
Uttar Gujarat Vij Company Limited LA- A2+
Uttara Foods and Feeds Private Limited LBBB+(SO) A2+(SO)
V Guard Industries Limited LA A1
V. B. Medicare Private Limited LBBB (Stable) A2
V. K. Industrial Corporation Limited LBBB- A3
VA Tech Wabag India Limited LA- A2+
Vadehra Builders Private Limited LBBB+ A2+
Vaghasiya Exports A4
Vah Magna Retail Private Limited LD
Vaibhav Corporation Private Limited LBB
Valvoline Cummins Limited LA A1
Vamshi Rubber Limited LBB+(Stable) A4+
Vamsi Labs Limited LB- A4
Varahi Diamonds and Finance Limited LBBB-
Vardhman Agencies Private Limited LBB
Vardhman Polytex Limited LBB+ A4+
Vardhman Stampings Private Limited LBB+ A4+
Varsha Corporation Limited LBB+ A4+
Vasantha Spinners Limited LBB A4
Vasundhara Cotton Mills Private Limited LBB A4
Vayhan Coffee Limited LB A4
VE Commercial Vehicles Limited LAA- A1+
Vedha Spinning Mills Private Limited LBBB+(Stable)
Vee Kay Industries LBB
Veejay Syntex Private Limited LBB (Stable) A4
Veena Industries Limited LBBB- A3
Veer O Metals Private Limited LBBB A3+
Veer Plastics Private Limited LBBB- A3
Vemagiri Power Generation Limited LBBB
Venkateshwara Hatcheries Private Limited LBBB+ A2+
Venkateswara Wires Private Limited LBB+ A4+
Venky`s (India) Limited LA- A1
Venus Cotsyn (India) Limited LBB (Stable) A4
Venus Jewel A1
Vetnex Animal Health Limited LAA (Stable) A1+
Vicksons Steel Private Limited LBB+ A4+
Vidarbha Industries Power Limited LBBB+ A2
Vidya Wires Private Limited LBBB- A3
Vijai Infrastructure Limited LBBB A2
Vijay Agro Products Private Limited LBB+ A4+
Vijay Nirman Company Private Limited LBBB
Vijay Textiles Limited LBBB- A3
Vijay Velavan Spinning Mills Private Limited LBB A4
Vinati Organics Limited LBBB+ A2
Vinay Cement Limited LBB+
Vinayak Steels Limited LBBB- A3
Vineetaz Exports Private Limited LBB+ A4+
Vinergy International Private Limited LBBB+ A2
Vinir Engineering Private Limited LBBB- A3
Viraj Projects (India) Private Limited LBB (Stable)
Viraj Steel & Energy Limited LBB+ A4+
Viramgam Mahesana Project Limited LBBB
Virgin Mobile India Private Limited LBBB A2
Vishal Precision Steel Tubes & Strips Private Limited LB+ A4
Vishva Vishal Engineering Limited LBB+ A4+
Vishwakarma Refractories Private Limited LBB+ (Stable)
Vishwanath Sugars Limited LBBB-
Vizag Seaport Private Limited LBB+ (Stable)
Voith Hydro Private Limited (Erstwhile Voith Siemens Hydro Private Limited) LAA A1+
Volgadelite Plastic Udyog Private Limited LBB+ A4+
Voltas Limited LAA A1+
VRL Logistics Limited LB+
VS Lignite Power Private Limited LBBB- A3
VS Net Limited LA-(SO)
Vuppalamritha Magnetic Components Limited LBBB+ A2+
VVF Limited LBB-(Stable) A4
W.S. Industries (India) Limited LBBB (Stable) A2
Walker, Chandiok & Company LA+
Wall Street Finance Limited LA(Stable) A1
Walplast Products Private Limited LBBB (Stable) A3+
Wave Hospitality Private Limited LBB+ (Stable)
Company Name Long Term Short Term
Wave Industries Private Limited LB+
Wave Silver Tower Private Limited LBB
Weener Empire Plastics Limited LBBB A2
Wellcome Fisheries Limited LBB (Stable) A4
West Asia Maritime Limited LBB+(Negative)
West Bengal State Electricity Transmission Company Limited LA
Western Refrigeration Private Limited LBB A4
Western Region Transmission (Gujarat) Private Limited LBBB
Western Region Transmission (Maharashtra) Private Limited LBBB
Wheels India Limited LA- A2+
Wilbur Smith Associates Private Limited LBBB-
Win-Power Marketing Private Limited LBB- A4
Winsome Textile Industries Limited LBB A4
Winsome Yarns Limited LBB- A4
Winwind Power Energy Private Limited LBB+ A4+
Wipro Limited LAAA A1+
Wireless TT Info Services Limited LA& A1&
Worldfa Exports Private Limited LBB- (Stable) A4
Yamuna Syndicate Limited LBBB A2
Yarlagadda Exports Private Limited A4
Yash Papers Limited LB A4
Yogindera Worsted Limited LBBB- A3
York Calltech Private Limited LB+
YSR Spinning & Weaving Mills Private Limited LBB A4
Zee News Limited LA+& A1&
Zenith Exports Limited LBB+ (Stable) A4+
Zensar Technologies Limited LAA A1+
Zodiac Clothing Company Limited A1+
Zuari Industries Limited LA+ (Stable) A1+
Zylog Systems Limited LBBB+ A2