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Ahmedabad +91 79 6617 4046 / 47
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New Delhi +91 11 2341 2232
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Rating Services

Rating Services

BWR is a full service rating agency and assigns ratings to number of financial products such as NCDs / Bonds, Bank Loans, Commercial Paper, Fixed Deposits, Security Receipts, PPMLD and other structured products as wells as SMEs.

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Grading Services

Grading Services

In compliance with the Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2018, BWR does not carry out any Grading services or MSME Ratings / Grading activities. Such services are undertaken by Brickworks Analytics, a 100% subsidiary of BWR.

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RATING LIST

rating list

Check up-to-date ratings under five categories viz. Credit Ratings, Bank Loan Ratings, NSIC ratings, MSE and SME Ratings. Credit Ratings includes all NCD and BWR Gradings.

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Process & People

rating process

Brickwork Ratings believes in following Indian best practices without compromising innovation and analytical excellence. Brickwork senior management are highly experienced bankers, venture capitalists, risk experts and finance professors.

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Credit, Equity & Risk

corporate training

Brickwork Ratings believes in enhancing and knowledge sharing amongst credit, equity and risk analysts. Week-end knowledge sessions conducted by visiting Professors from IIMB, IISc. etc., and in house faculty of the BFA program of the Brickwork Finance Academy. In addition, eminent personalities in the finance sector are invited to deliver guest lectures in economics and public finance.

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career

Careers
For Young & Experienced

Brickwork Ratings offers exciting careers for young graduates as well as experienced bankers. Young graduates can apply for a Rating Analyst position. Experienced bankers are recruited for both Business Development or Ratings. Banking & Financial Analyst (BFA) Program is offered for both the young and the experienced.

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Press Release

BWR BBB - : Universal Import Export and Hospitality Pvt. Ltd. (erstwhile Universal Hotels Pvt Ltd) Long Term (Rs.0.85 Cr is withdrawn and Rs.10 Cr remains as the sub limit) Bank Loan
BWR B : AnilKumar And Company Long Term Bank Loan ₹10.71 Crore
BWR A3 : Universal Import Export and Hospitality Pvt. Ltd. (erstwhile Universal Hotels Pvt Ltd) Short Term Bank Loan ₹105 Crore
BWR C - : Avinashi Ads Long Term Bank Loan ₹3 Crore
BWR C : Solvochem Long Term Bank Loan ₹6 Crore
BWR A4 : Avinashi Ads Short Term Bank Loan ₹4.10 Crore
BWR A4 : Solvochem Short Term Bank Loan ₹1 Crore
BWR B + : Suyash Kraft and Papers Ltd. Long Term Bank Loan ₹7.95 Crore
BWR BB : Anugraha Fashion Mill Pvt. Ltd. Long Term Bank Loan ₹14.96 Crore
BWR A4 : Suyash Kraft and Papers Ltd. Short Term Bank Loan ₹2 Crore
BWR A4 : Anugraha Fashion Mill Pvt. Ltd. Short Term Bank Loan ₹25 Crore
BWR BBB - : Shri Ashutosh Structures Pvt. Ltd. Long Term Bank Loan ₹81.33 Crore
BWR C : Daulat Rice & General Mills Long Term Bank Loan ₹11.13 Crore
BWR A3 : Shri Ashutosh Structures Pvt. Ltd. Short Term Bank Loan ₹52 Crore
BWR A4 : Daulat Rice & General Mills Short Term Bank Loan ₹0.10 Crore
BWR D : Shakti Refoils & Agro Food Products Pvt. Ltd. Long Term Bank Loan ₹20 Crore
BWR D : Suchi Paper Mills Limited Long Term Bank Loan ₹60.53 Crore
BWR D : Shilpa Electrification Long Term Bank Loan ₹2 Crore
BWR C : Pyramid Buildtech Pvt. Ltd. Long Term Bank Loan ₹6 Crore
BWR D : Shilpa Electrification Short Term Bank Loan ₹5.50 Crore
BWR D : J. R. Shah & Co Long Term Bank Loan ₹5.36 Crore
BWR B : Vestal Manufacturers & Traders Long Term Bank Loan ₹0.66 Crore
BWR BB : Avi Ansh Textiles Pvt. Ltd.(Erstwhile: Rajneesh Spinners Pvt. Ltd.) Long Term Bank Loan ₹16.53 Crore
BWR A4 : Vestal Manufacturers & Traders Short Term Bank Loan ₹9.25 Crore
BWR A4 : Avi Ansh Textiles Pvt. Ltd.(Erstwhile: Rajneesh Spinners Pvt. Ltd.) Short Term Bank Loan ₹0.20 Crore
BWR BB - : Banmore Electricals Private Limited Long Term Bank Loan ₹5 Crore
BWR D : Surya Rice & General Mills Long Term Bank Loan ₹5.27 Crore
BWR A4 : Banmore Electricals Private Limited Short Term Bank Loan ₹8 Crore
BWR D : Libra Auto Car Company Ltd. Long Term Bank Loan ₹12.50 Crore
BWR B - : Vevant Cement Works Pvt. Ltd. Long Term Bank Loan ₹9.95 Crore
BWR BB : Vaaan Infra Pvt. Ltd. Long Term Bank Loan ₹8 Crore
BWR B : Bharathi Education Trust (R.) Long Term Bank Loan ₹9.38 Crore
BWR A4 : Vaaan Infra Pvt. Ltd. Short Term Bank Loan ₹16 Crore
BWR B : Shri Maa Sales Long Term Bank Loan ₹10.50 Crore
BWR A4 : Shri Maa Sales Short Term Bank Loan ₹0.50 Crore
BWR D : Lanco Hoskote Highway Ltd. Long Term Bank Loan ₹292.58 Crore
BWR D : Lanco Devihalli Highways Ltd. Long Term Bank Loan ₹329.76 Crore
BWR D : Lotus Traexim Pvt. Ltd. Long Term Bank Loan ₹0.70 Crore
BWR D : Lotus Traexim Pvt. Ltd. Short Term Bank Loan ₹4.50 Crore
BWR D : KJD Pharma Pvt. Ltd. Long Term Bank Loan ₹15 Crore
BWR D : Vivala Cartons Pvt. Ltd. Long Term Bank Loan ₹3.88 Crore
BWR BB : Vandana Rolling Mills Ltd. Long Term Bank Loan ₹10.30 Crore
BWR A4 : Vandana Rolling Mills Ltd. Short Term Bank Loan ₹1.50 Crore
BWR D : Deepak Rice Industries Long Term Bank Loan ₹7.55 Crore
BWR D : Radhe Cotton Company Long Term Bank Loan ₹5.27 Crore
BWR B : Chopra Traders Long Term Bank Loan ₹15 Crore
BWR A4 : Chopra Traders Short Term Bank Loan ₹10 Crore
BWR B : Das Garage Pvt. Ltd. Long Term Bank Loan ₹5.77 Crore
BWR D : Solitaire Foods Pvt Ltd Long Term Bank Loan ₹14.70 Crore
: Chetana Financial Services Ltd Long Term Bank Loan ₹13.25 Crore
BWR B : Nagpal Traders Long Term Bank Loan ₹16.50 Crore
BWR C + : Panther Transfreight Ltd Long Term Bank Loan ₹23.48 Crore
BWR D : Mandakini Heaven Huts Pvt.Ltd. Long Term Bank Loan ₹10.60 Crore
BWR A + : Uflex Ltd. Proposed Secured Non Convertible Debentures₹400 Crore
BWR B + : Devtara Industries Long Term Bank Loan ₹10.78 Crore
BWR A4 : Devtara Industries Short Term Bank Loan ₹3 Crore
BWR B - : ITP Electronics Pvt. Ltd Long Term Bank Loan ₹5 Crore
BWR A4 : ITP Electronics Pvt. Ltd Short Term Bank Loan ₹3 Crore
BWR BBB - : Milan Road Buildtech LLP (erstwhile Milan Associates) Long Term Bank Loan ₹7 Crore
BWR A3 : Milan Road Buildtech LLP (erstwhile Milan Associates) Short Term Bank Loan ₹18 Crore
BWR B - : Chrysalis Trading Private Limited Long Term Bank Loan ₹15 Crore
BWR A4 : Chrysalis Trading Private Limited Short Term (Rs.4 Cr is the sub-limit of CC) Bank Loan
BWR A4 : Swastik Industries Short Term Bank Loan ₹18.48 Crore
BWR B + : Swastik Industries Long Term Bank Loan ₹6 Crore
BWR B - : Sifti Rice Mills Long Term Bank Loan ₹20.70 Crore
BWR A4 : Sifti Rice Mills Short Term Bank Loan ₹0.28 Crore
BWR BB : Usha Shriram Enterprises Private Limited Long Term Bank Loan ₹21 Crore
BWR A4 : Usha Shriram Enterprises Private Limited Short Term Bank Loan ₹24 Crore
BWR B : Jalan Synthetics Long Term Bank Loan ₹9 Crore
BWR B : Agarwal Agro Foods Long Term Bank Loan ₹16.19 Crore
BWR BBB + : Graphic Era Education Society Long Term Bank Loan ₹320 Crore
BWR A3 + : Graphic Era Education Society Short Term Bank Loan ₹5 Crore
BWR B + : Aristocraft International Private Limited Long Term Bank Loan ₹5.80 Crore
BWR A4 : Aristocraft International Private Limited Short Term Bank Loan ₹12 Crore
BWR B - : Shree Hans Rice & General Mills Long Term Bank Loan ₹65.20 Crore
BWR A4 : Shree Hans Rice & General Mills Short Term Bank Loan ₹0.28 Crore
BWR D : Sri Lakshmi Saraswathi Spintex Limited Long Term Bank Loan ₹19.72 Crore
BWR D : Sri Lakshmi Saraswathi Spintex Limited Short Term Bank Loan ₹20 Crore
BWR C : Sri Lakshmi Saraswathi Cotspin Pvt Limited Long Term Bank Loan ₹59.50 Crore
BWR A4 : Sri Lakshmi Saraswathi Cotspin Pvt Limited Short Term Bank Loan ₹1 Crore
BWR B + : Keshav Publication Pvt Ltd Long Term Bank Loan ₹8.51 Crore
BWR A4 : Keshav Publication Pvt Ltd Short Term Bank Loan ₹0.12 Crore
BWR B - : Agarwal & Associates Impex Pvt Ltd Long Term Bank Loan ₹7.74 Crore
BWR A4 : Agarwal & Associates Impex Pvt Ltd Short Term Bank Loan ₹10 Crore
BWR C : JR Agritech Pvt Ltd. Long Term Bank Loan ₹10.50 Crore
BWR BB - : NEED Livelihood Microfinance Pvt Ltd Long Term Bank Loan ₹25.11 Crore
BWR B : Mahavir Sharma Long Term Bank Loan ₹6 Crore
BWR A4 : Mahavir Sharma Short Term Bank Loan ₹7 Crore
BWR C + : Arunima Constructions Long Term Bank Loan ₹1.50 Crore
BWR A4 : Arunima Constructions Short Term Bank Loan ₹4.50 Crore
BWR D : Smt. Shakuntla Educational & Welfare Society Long Term Bank Loan ₹76.69 Crore
BWR BB + : Tradeimpex Polymers India Pvt Ltd Long Term Bank Loan ₹14 Crore
BWR A4 + : Tradeimpex Polymers India Pvt Ltd Short Term Bank Loan ₹12 Crore
BWR C : Adway Print Concept Pvt Ltd Long Term Bank Loan ₹6.54 Crore
BWR A4 : MMR Construction Company Pvt. Ltd. Short Term Bank Loan ₹15 Crore
BWR B - : Zeta Industrial Corporation Pvt Ltd Long Term Bank Loan ₹2.50 Crore
BWR A4 : Zeta Industrial Corporation Pvt Ltd Short Term Bank Loan ₹3.75 Crore
BWR B - : Navjeet Industries Long Term Bank Loan ₹6.40 Crore
BWR A4 : Navjeet Industries Short Term Bank Loan ₹1.10 Crore
BWR B - : JPO Polychem Private Limited Long Term Bank Loan ₹4.70 Crore
BWR A4 : JPO Polychem Private Limited Short Term Bank Loan ₹30 Crore
BWR BB : Saket Infra Projects Ltd Long Term Bank Loan ₹20 Crore
BWR A4 : Saket Infra Projects Ltd Short Term Bank Loan ₹20 Crore
BWR B + : Nice Sesame Agro Industries Long Term Bank Loan ₹9.04 Crore
BWR A4 : Nice Sesame Agro Industries Short Term Bank Loan ₹0.35 Crore
BWR C : AKC Motors Long Term Bank Loan ₹9 Crore
BWR BBB - : Hari Om Industries Ltd. Long Term Bank Loan ₹91.55 Crore
BWR D : Hansraj Agrofresh Pvt. Ltd. Long Term Bank Loan ₹27.75 Crore
BWR D : Hansraj Agrofresh Pvt. Ltd. Short Term Bank Loan ₹0.30 Crore
BWR BB : Lakshmi Green Ship Recyclers LLP (erstwhile Lakshmi Steel Rolling Mills (Unit-II)) Long Term (Rs.15 Cr is the sub-limit) Bank Loan
BWR A4 + : Lakshmi Green Ship Recyclers LLP (erstwhile Lakshmi Steel Rolling Mills (Unit-II)) Short Term Bank Loan ₹102.00 Crore
BWR BB - : Russaka Ply India Ltd. Long Term Bank Loan ₹3.50 Crore
BWR A4 : Russaka Ply India Ltd. Short Term Bank Loan ₹15.43 Crore
BWR D : Agsons Agencies India Pvt. Ltd. Short Term Bank Loan ₹120 Crore
BWR BB + : Rudra Cottex Pvt. Ltd. Long Term Bank Loan ₹85.60 Crore
BWR A4 : Rudra Cottex Pvt. Ltd. Short Term Bank Loan ₹2 Crore
BWR B + : Immortal Tyres Pvt. Ltd. (erstwhile Karan Rubber Private Limited) Long Term Bank Loan ₹6.00 Crore
BWR A4 : Immortal Tyres Pvt. Ltd. (erstwhile Karan Rubber Private Limited) Short Term (Rs.1 Cr is the sub limit) Bank Loan
BWR B : NGEF (Hubli) Ltd. Long Term Bank Loan ₹10.00 Crore
BWR A4 : NGEF (Hubli) Ltd. Short Term Bank Loan ₹5.00 Crore
BWR BBB - : Ishan Mall LLP Long Term Bank Loan ₹126.86 Crore
BWR BB + : R & B Infra Project Pvt. Ltd. Long Term Bank Loan ₹66.10 Crore
BWR A4 + : R & B Infra Project Pvt. Ltd. Short Term Bank Loan ₹55 Crore
BWR BB - : Premier Engg & Equipment Mfg. Co. Long Term Bank Loan ₹33.50 Crore
BWR A4 : Premier Engg & Equipment Mfg. Co. Short Term Bank Loan ₹1.25 Crore
BWR B + : Andromeda Packaging Pvt. Ltd. Long Term Bank Loan ₹18.37 Crore
Brickwork Ratings IN MEDIA

Brickwork Ratings, a SEBI registered Credit Rating Agency, has also been accredited by RBI and empanelled by NSIC, offers Bank Loan, NCD and SME ratings. Brickwork has its corporate office in Bengaluru and a country-wide presence with its offices in Ahmedabad, Chandigarh, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi along with representatives in 150+ locations. Brickwork has rated issues of a large number of banks like State Bank of India, Bank of Baroda, Bank of India, Canara Bank, Corporation Bank, Punjab National Bank ,Union Bank of India, Andhra Bank, Vijaya Bank, United Bank of India, etc.