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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.

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RATING LIST

rating list

Check up-to-date ratings under five categories viz. Credit Ratings, Bank Loan 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.

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 AA + : Sammaan Capital Ltd.(erstwhile Indiabulls Housing Finance Ltd.) Non Convertible Debentures₹1200.00 Crore
BWR AA : Manappuram Finance Ltd. Non Convertible Debentures₹20.48 Crore
BWR AA + : Sammaan Capital Ltd.(erstwhile Indiabulls Housing Finance Ltd.) Long Term Debt₹1433.29 Crore
: Manappuram Finance Ltd. Non Convertible Debentures₹0.00 Crore
BWR AA + : Sammaan Capital Ltd.(erstwhile Indiabulls Housing Finance Ltd.) Subordinated Debt₹198.86 Crore
BWR C : Carboline (India) Pvt. Ltd. Long Term Bank Loan ₹5.50 Crore
BWR AA : Sammaan Capital Ltd.(erstwhile Indiabulls Housing Finance Ltd.) Innovative Perpetual Debt Instrument₹150 Crore
BWR A4 : Carboline (India) Pvt. Ltd. Short Term Bank Loan ₹6.00 Crore
BWR AA + : Sammaan Capital Ltd.(erstwhile Indiabulls Housing Finance Ltd.) Non Convertible Debentures₹2301.99 Crore
BWR C : Jayanth Industries Long Term Bank Loan ₹5.11 Crore
BWR AA + : Sammaan Capital Ltd.(erstwhile Indiabulls Housing Finance Ltd.) Non Convertible Debentures₹1542.00 Crore
BWR A4 : Jayanth Industries Short Term Bank Loan ₹2.00 Crore
BWR A1 + : Sammaan Capital Ltd.(erstwhile Indiabulls Housing Finance Ltd.) Commercial Paper₹1000 Crore
BWR C - : Leburu Constructions Pvt. Ltd. Long Term Bank Loan ₹5.02 Crore
BWR C : Dassan Fashions Private Limited. Long Term Bank Loan ₹9.50 Crore
BWR A4 : Leburu Constructions Pvt. Ltd. Short Term Bank Loan ₹2.50 Crore
BWR A4 : Dassan Fashions Private Limited. Short Term Bank Loan
BWR C : Primary Agriculture Credit Co-Operative Society Ltd., Kolur. Long Term Bank Loan ₹13.46 Crore
BWR D : RubyKon Manufacturing Company Long Term Bank Loan ₹28.51 Crore
BWR D : CBC Fashions (Asia) Pvt. Ltd. Long Term Bank Loan ₹18.81 Crore
BWR D : RubyKon Manufacturing Company Short Term Bank Loan
BWR D : CBC Fashions (Asia) Pvt. Ltd. Short Term Bank Loan ₹40.00 Crore
BWR D : Stellence Pharmscience Pvt. Ltd. Long Term Bank Loan ₹21.60 Crore
BWR C : SS Chauhans Construction Pvt. Ltd. (erstwhile Sandeep Chauhan) Long Term Bank Loan ₹4.98 Crore
BWR C : Gnyana Mandir Trust Long Term Bank Loan ₹10.94 Crore
BWR A4 : SS Chauhans Construction Pvt. Ltd. (erstwhile Sandeep Chauhan) Short Term Bank Loan ₹7.00 Crore
: Capital Small Finance Bank Ltd (Erstwhile:Capital Local Area Bank Ltd.) UnSecured Redeemable Non-Convertible Upper Tier II Bonds₹15.00 Crore
BWR C : Rudra Industries Long Term Bank Loan ₹12.00 Crore
: Capital Small Finance Bank Ltd (Erstwhile:Capital Local Area Bank Ltd.) UnSecured Redeemable Non-Convertible Upper Tier II Bonds₹25.00 Crore
BWR A4 : AVN Petrochemicals India Short Term Bank Loan ₹15.00 Crore
BWR A + : Capital Small Finance Bank Ltd (Erstwhile:Capital Local Area Bank Ltd.) Bonds₹25.00 Crore
BWR D : Kerudi Healthcare Pvt. Ltd. Long Term Bank Loan ₹17.30 Crore
BWR D : Jain Industries Long Term Bank Loan ₹9.40 Crore
BWR C - : Mahalaxmi Agro Industries Long Term Bank Loan ₹7.74 Crore
BWR D : Yogesh Chaudhary Long Term Bank Loan ₹10.00 Crore
BWR A4 : Mahalaxmi Agro Industries Short Term Bank Loan ₹0.54 Crore
BWR D : Yogesh Chaudhary Short Term Bank Loan ₹30.00 Crore
BWR C : Concrete Developers Long Term Bank Loan ₹24.61 Crore
BWR C : Safeway Dredging Enterprises Long Term Bank Loan ₹5.53 Crore
BWR A4 : Concrete Developers Short Term Bank Loan ₹1.25 Crore
BWR A4 : Safeway Dredging Enterprises Short Term Bank Loan ₹1.14 Crore
BWR C : Sameera Agro Industries Long Term Bank Loan ₹29.21 Crore
BWR C : Pooja Finance Ltd. Long Term Bank Loan ₹23.00 Crore
BWR C : Sree Mangayarkarasi Mills Pvt Ltd Long Term Bank Loan ₹8.48 Crore
BWR BB : Kshema Power and Infrastructure Company Pvt. Ltd. Long Term Bank Loan ₹46.08 Crore
BWR A4 : Sree Mangayarkarasi Mills Pvt Ltd Short Term Bank Loan ₹4.05 Crore
BWR A4 : Kshema Power and Infrastructure Company Pvt. Ltd. Short Term Bank Loan ₹50.00 Crore
BWR B - : M J Gold Pvt. Ltd. Long Term Bank Loan ₹12.00 Crore
BWR C : Chopra Traders Long Term Bank Loan ₹15.00 Crore
BWR C : Jay Bhavani Cottex Long Term Bank Loan ₹6.00 Crore
BWR A4 : Chopra Traders Short Term Bank Loan ₹10.00 Crore
BWR BB : Arthanari Loom Centre (Textile) Pvt Ltd Long Term Bank Loan ₹197.72 Crore
BWR B + : Jalnidhi Bitumen Specialties Pvt. Ltd. Long Term Bank Loan ₹34.45 Crore
BWR A4 : Arthanari Loom Centre (Textile) Pvt Ltd Short Term Bank Loan
BWR A4 : Jalnidhi Bitumen Specialties Pvt. Ltd. Short Term Bank Loan ₹6.90 Crore
BWR C : Jaya Spun Pipes Long Term Bank Loan ₹3.00 Crore
BWR C : Baril Marketing Pvt Ltd Long Term Bank Loan ₹19.00 Crore
BWR A4 : Jaya Spun Pipes Short Term Bank Loan ₹2.50 Crore
BWR AA + : Sammaan Finserve Ltd.(erstwhile Indiabulls Commercial Credit Ltd.) Secured Non Convertible Debentures₹1000 Crore
BWR C : Zecha Precision Tools Ltd. (Formerly Known as Dagger Master Tool Industries Ltd) Long Term Bank Loan ₹16.97 Crore
BWR AA + : Sammaan Finserve Ltd.(erstwhile Indiabulls Commercial Credit Ltd.) Subordinated NCD₹600 Crore
BWR C - : Thirumurugan Tex Long Term Bank Loan ₹0.50 Crore
BWR A1 + : Sammaan Finserve Ltd.(erstwhile Indiabulls Commercial Credit Ltd.) Commercial Paper₹500 Crore
BWR A4 : Thirumurugan Tex Short Term Bank Loan ₹6.00 Crore
BWR AA + : Sammaan Finserve Ltd.(erstwhile Indiabulls Commercial Credit Ltd.) Secured Redeemable Non Convertible Debentures₹200 Crore
BWR C : SV Agro Foods Pvt. Ltd Long Term Bank Loan ₹5.89 Crore
BWR AA + : Sammaan Finserve Ltd.(erstwhile Indiabulls Commercial Credit Ltd.) UnSecured Redeemable Non Convertible Debentures₹500 Crore
BWR C : Isko Strip Pvt Ltd Long Term Bank Loan ₹10.10 Crore
BWR AA + : Sammaan Finserve Ltd.(erstwhile Indiabulls Commercial Credit Ltd.) Non Convertible Debentures₹500 Crore
BWR C : Sunrise Integrated Facility Pvt Ltd. Long Term Bank Loan ₹4.88 Crore
BWR AA + : Sammaan Finserve Ltd.(erstwhile Indiabulls Commercial Credit Ltd.) Secured Non Convertible Debentures₹500 Crore
BWR A4 : Sunrise Integrated Facility Pvt Ltd. Short Term Bank Loan ₹0.50 Crore
BWR D : Kwality Overseas Pvt. Ltd. Long Term Bank Loan ₹15.00 Crore
BWR C : Aadhar Industries Long Term Bank Loan ₹7.97 Crore
BWR D : Kwality Overseas Pvt. Ltd. Short Term Bank Loan
BWR C : R K Agarwal Agro Seeds Ltd Long Term Bank Loan ₹17.00 Crore
BWR D : Imperial Fabrics Pvt Ltd Long Term Bank Loan ₹12.00 Crore
BWR C : R K Pharmaceuticals Long Term Bank Loan ₹10.00 Crore
BWR C : Academy for Technical & Management Excellence (ATME) Long Term Bank Loan ₹11.50 Crore
BWR A4 : R K Pharmaceuticals Short Term Bank Loan ₹10.00 Crore
BWR C : Plus Medicare Hospitals Private Limited Long Term Bank Loan ₹35.00 Crore
BWR C : DMS Electronics Private Limited Long Term Bank Loan ₹2.37 Crore
BWR C : Assorted Plastics Pvt Ltd Long Term Bank Loan ₹5.44 Crore
BWR A4 : DMS Electronics Private Limited Short Term Bank Loan ₹3.00 Crore
BWR C : SH Infratech Pvt Ltd Long Term Bank Loan ₹1.00 Crore
BWR C : AXI Lam Pvt Ltd. Long Term Bank Loan ₹11.50 Crore
BWR A4 : SH Infratech Pvt Ltd Short Term Bank Loan ₹11.00 Crore
BWR C : Colossus Trade Links Ltd. Long Term Bank Loan ₹25.00 Crore
BWR C : TMI Healthcare Pvt Ltd Long Term Bank Loan ₹27.10 Crore
BWR C : Vaishno Rubber Industries Pvt. Ltd. Long Term Bank Loan ₹9.39 Crore
BWR D : Himalayan Rolling Steel Industries Pvt Ltd Long Term Bank Loan ₹102.62 Crore
BWR A4 : Vaishno Rubber Industries Pvt. Ltd. Short Term Bank Loan ₹0.20 Crore
BWR C : MJ Grain Products Pvt Ltd Long Term Bank Loan ₹19.30 Crore
BWR B - : Seema Construction Company Long Term Bank Loan ₹9.50 Crore
BWR A4 : MJ Grain Products Pvt Ltd Short Term Bank Loan ₹0.50 Crore
BWR A4 : Seema Construction Company Short Term Bank Loan ₹40.00 Crore
BWR BB - : RK Gupta & Co Long Term Bank Loan ₹2.00 Crore
BWR C : Sai Overseas Long Term Bank Loan ₹10.92 Crore
BWR A4 : RK Gupta & Co Short Term Bank Loan ₹25.00 Crore
BWR A4 : Sai Overseas Short Term Bank Loan ₹4.00 Crore
BWR BB - : RK Gupta & Co Long Term Bank Loan ₹2.00 Crore
BWR C : Sai Surface Coating Technologies Long Term Bank Loan ₹10.82 Crore
BWR B + : Suyash Chemical & Fertilizer (P) Ltd Long Term Bank Loan ₹36.28 Crore
BWR A4 : Sai Surface Coating Technologies Short Term Bank Loan ₹3.00 Crore
BWR C : Koshi Uday Food Products Private Limited Long Term Bank Loan ₹6.29 Crore
BWR C : BIOP Steels & Power Pvt. Ltd. Long Term Bank Loan ₹2.00 Crore
BWR C : Satya Power And Ispat Ltd. Long Term Bank Loan ₹20.00 Crore
BWR A4 : BIOP Steels & Power Pvt. Ltd. Short Term Bank Loan ₹4.00 Crore
BWR A4 : Satya Power And Ispat Ltd. Short Term Bank Loan ₹15.00 Crore
BWR B + : Sunplast Electronics Pvt. Ltd. Long Term Bank Loan ₹34.00 Crore
BWR BB - : Warehousing SS Services Pvt. Ltd. Long Term Bank Loan ₹9.28 Crore
BWR A4 : Sunplast Electronics Pvt. Ltd. Short Term Bank Loan
BWR C : Asan Memorial Association Long Term Bank Loan ₹28.50 Crore
BWR D : Vaishno Devi Food Products Pvt. Ltd. Long Term Bank Loan ₹70.00 Crore
BWR A4 : Asan Memorial Association Short Term Bank Loan ₹2.00 Crore
BWR C : Bhai Industries Pvt Ltd Long Term Bank Loan ₹6.81 Crore
BWR B : Partap Fabrics Pvt. Ltd. Long Term Bank Loan ₹38.18 Crore
BWR C : Anand Publication Long Term Bank Loan ₹3.64 Crore
BWR A4 : Partap Fabrics Pvt. Ltd. Short Term Bank Loan ₹7.52 Crore
BWR A4 : Anand Publication Short Term Bank Loan ₹4.80 Crore
BWR B - : Arora Udyog Ltd. Long Term Bank Loan ₹49.83 Crore
BWR C : Pawansut Automobile India Pvt. Ltd. Long Term Bank Loan ₹10.00 Crore
BWR BBB - : Nirman Associates Pvt. Ltd. Long Term Bank Loan ₹45.50 Crore
BWR C : Cooper Gaskets Pvt. Ltd. Long Term Bank Loan ₹5.20 Crore
BWR A3 : Nirman Associates Pvt. Ltd. Short Term Bank Loan ₹28.50 Crore
BWR A4 : Cooper Gaskets Pvt. Ltd. Short Term Bank Loan
BWR BBB : GSA Industries India Pvt. Ltd. Long Term Bank Loan ₹237.21 Crore
BWR C : Bachmann Industries India Ltd. Long Term Bank Loan ₹14.00 Crore
BWR A3 : GSA Industries India Pvt. Ltd. Short Term Bank Loan ₹57.20 Crore
BWR A4 : Bachmann Industries India Ltd. Short Term Bank Loan ₹15.00 Crore
BWR BBB + : GHV INFRA PROJECTS LIMITED Long Term Bank Loan ₹50.00 Crore
BWR BB + : Tikaula Sugar Mills Ltd. Long Term Bank Loan ₹524.11 Crore
BWR A2 : GHV INFRA PROJECTS LIMITED Short Term Bank Loan ₹150.00 Crore
BWR B : Kapil Solvex Pvt. Ltd. Long Term Bank Loan ₹75.00 Crore
BWR B + : Hydrise Foods Pvt. Ltd. Long Term Bank Loan ₹100.00 Crore
BWR BBB + : Bhawani Industries Pvt. Ltd. Long Term Bank Loan ₹195.00 Crore
BWR A2 : Bhawani Industries Pvt. Ltd. Short Term (Rs.75 Cr is the sub limit) Bank Loan
BWR BBB + : Bhawani Industries Pvt. Ltd. Long Term (Rs.65 Cr is the sub limit) Bank Loan
BWR A2 : Bhawani Industries Pvt. Ltd. Short Term (Rs.22 Cr is the sub limit) Bank Loan
BWR C : P.M. Construction Long Term Bank Loan ₹7.00 Crore
BWR A4 : P.M. Construction Short Term Bank Loan ₹5.00 Crore
BWR BB - : Vertex Auto Components Long Term Bank Loan ₹35.00 Crore
Brickwork Ratings IN MEDIA

Brickwork Ratings, a SEBI registered Credit Rating Agency, has also been accredited by RBI , offers Rating Services On Bank Loans, NCDS, Fixed Deposits,Securitised Products,Security Receipts etc. 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.

Grading Services