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RationaleList

Ratings Outstanding as on 05 Mar 2024

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z [0-9]
Company Name Instrument Rating Outlook
A B Cotspin India Ltd.(Earlier known as AB Cotspin India Ltd.) Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
A I Cotton Industries Long Term 14.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
A K Infraprojects Pvt. Ltd Long Term 12.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 15.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
A K Soni Hosiery Mills Pvt. Ltd Long Term 20.47 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
A K Stockmart Pvt. Ltd Long Term Bank Loan 20 Crore Rating WithdrawnStable
Long Term Bank Loan 80 Crore Rating WithdrawnStable
A L Overseas Long Term 15.00 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
A M Exports Short Term Bank Loan 17.70 Crore Rating Withdrawn 
A One Steels India Pvt. Ltd. Long Term 23.64 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 5.00 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
A S Wire Industries (VSP) Pvt. Ltd. Long Term 10.01 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
A -Tex Home Collection Long Term 3.88 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 12.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
A&A Automobiles Pvt. Ltd. Long Term Bank Loan 25.00 Crore Rating WithdrawnStable
A. B. Enterprise Long Term 6.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
A. K. Das Associates Ltd. Long Term 9.00 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term BWR A4 
A. N. Enterprise Long Term Bank Loan 5 Crore Rating WithdrawnStable
Short Term Bank Loan 1.50 Crore Rating Withdrawn 
A.I. Enterprises Pvt. Ltd. Long Term Bank Loan 21.84 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 53.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
A.K Spintex Ltd. Long Term 12.99 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
A.K. Capital Services Limited Long Term Bank Loan 600 Crore Rating Withdrawn 
Long Term Bank Loan 641.76 Crore Rating WithdrawnStable
A.K. Power Industries Pvt. Ltd. Long Term Bank Loan 84.10 Crore Rating Withdrawn 
Short Term Bank Loan 15.20 Crore Rating Withdrawn 
A.P. Refinery Pvt. Ltd. Long Term Bank Loan 100 Crore Rating Withdrawn 
A.R. Steels Long Term 25.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
A.R. Thermosets Pvt. Ltd. Long Term Bank Loan 15.82 Crore Rating WithdrawnStable
Short Term Bank Loan 10.00 Crore Rating Withdrawn 
A.S. Enterprise Long Term (Rs.4 Cr is the sub limit) BWR BB +Stable
Short Term 9.00 Crore BWR A4 + 
A.S. Patel Long Term Bank Loan 4.00 Crore Rating WithdrawnStable
Short Term Bank Loan 17.00 Crore Rating Withdrawn 
A.V. Cam Corporation Long Term Bank Loan 7.46 Crore Rating WithdrawnStable
Short Term Bank Loan 0.15 Crore Rating Withdrawn 
A.V. Overseas Long Term 18.99 Crore BWR BB -Stable
Short Term (5Cr is the sublimit) BWR A4 
A2Z Autowheels Pvt Ltd Long Term 28.89 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Rating Withdrawn 
AAA Bath Fashions Long Term 1.75 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.75 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AAA Paper Marketing Ltd. Long Term 28.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term (Rs.12 Cr is the sub limit) BWR D
Issuer did not Co-operate; Based on best available information.
 
Aabhas Spinners (Pvt) Ltd. Long Term 4.75 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.20 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aadar Infracon Long Term 7.25 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Aadarsh Private Limited Long Term 7.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aadhan Builders LLP Long Term 50.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Aadhar Industries Long Term 7.97 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aadharshree Paper Mills (P) Ltd. Long Term 12.00 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Aadi Properties LLP Long Term Bank Loan 30 Crore Rating Withdrawn 
Aadishwar Global Corp Long Term 0.81 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 5.35 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aaditya Ayush Distributions LLP Long Term 7.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aaditya Ginning Mill Long Term 6.25 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aakarshit Ice & Cold Storage Ltd. (erstwhile Aakarshit Ice & Cold Storage Pvt Ltd) Long Term 12.49 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Aakash Agrotech Pvt. Ltd. Long Term Bank Loan 12.50 Crore Rating WithdrawnStable
Aakash Auto Pvt. Ltd. Long Term Bank Loan 7.34 Crore Rating Withdrawn 
Aakash Automobiles Pvt. Ltd. Long Term Bank Loan 12.18 Crore Rating Withdrawn 
Short Term Bank Loan 2 Crore Rating Withdrawn 
Aakash Oil Field Services Pvt. Ltd. Long Term Bank Loan 3.5 Crore Rating WithdrawnStable
Short Term Bank Loan 4.5 Crore Rating Withdrawn 
Aakash Polyfilms Ltd Long Term 132.63 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 7.80 Crore (Rs. 4 CR is the sub limit [FB]) BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Aakash Universal Ltd Long Term Bank Loan 8.00 Crore Rating WithdrawnStable
Short Term Bank Loan 1.50 Crore Rating Withdrawn 
Aakriti Sugar Mills Pvt. Ltd. (erstwhile Ma Bhagwati Sugar Mill Limited) Long Term Bank Loan 13.50 Crore Rating WithdrawnStable
Aakriti Super Snacks Pvt. Ltd. Long Term 21.93 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 0.35 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aamor Inox Limited Short Term Rating Withdrawn 
Long Term Bank Loan 74.88 Crore Rating WithdrawnStable
Aanandam Jewellers Long Term Bank Loan 10 Crore Rating WithdrawnStable
Aanchal Ispat Ltd. Long Term 50.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 12.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AAP Infrastructure Ltd. Long Term 16.20 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aar Dee Extrusions (India ) Pvt. Ltd. Long Term Bank Loan 4.90 Crore Rating Withdrawn 
Aar Enn Poultries Long Term 7.93 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
AAR Royal Residency Pvt Ltd Long Term 1.89 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
AAREN EXPORTS Long Term 8.35 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 17.80 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AARK India Educational Trust Long Term 4.75 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aarkee Extrusion Pvt Ltd Long Term 4.00 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 3 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aarna Foods Pvt Ltd Long Term 14.82 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aarna Health Care Long Term Bank Loan 16 Crore Rating WithdrawnStable
Aarneel Technocrafts Pvt.Ltd. Long Term 10.00 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Aarshadhaatu Green Nanotechnologies India Pvt. Ltd. Long Term Bank Loan 18 Crore Rating WithdrawnNegative
Aarti International Ltd. Long Term Bank Loan 436.19 Crore Rating WithdrawnStable
Short Term Bank Loan 27.30 Crore Rating Withdrawn 
Aarti Sponge and Power Ltd. Long Term Bank Loan 120.33 Crore Rating WithdrawnStable
Short Term Bank Loan 17.00 Crore Rating Withdrawn 
Aarti Traders Long Term 6.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term Rating Withdrawn 
Aarvanss Buildwell and Infracon LLP Long Term 3.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 12.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aarvee Denims and Exports Ltd. Long Term 292.68 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 19.29 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aarya Fash Tex Pvt Ltd Long Term 11.34 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aarya Organic Foods & Ayurvedic Industries Pvt. Ltd. Long Term Bank Loan 13.74 Crore Rating WithdrawnStable
Aaryan Educational & Charitable Trust Long Term 7.18 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aaryan Lamifab Pvt. Ltd. Long Term 8.04 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Aasharya Hotels & Estates Pvt. Ltd. Long Term 6.32 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 0.22 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aashiana Rolling Mills Ltd Long Term Bank Loan 32.70 Crore Rating WithdrawnStable
Short Term Bank Loan 2 Crore Rating Withdrawn 
Aashka Hospitals Ltd.(Formerly known as Aashka Hospitals Pvt. Ltd.) Long Term 26.61 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aatrey Tulips Infracon LLP Long Term 30.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Aatreyee Nirman Pvt. Ltd. Long Term Bank Loan 8.00 Crore Rating Withdrawn 
Aavishkar Online Lottery Agency Pvt Ltd Long Term 3.02 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
AB Chem (India) Long Term Bank Loan 2.97 Crore Rating Suspended 
Short Term Bank Loan 30 Crore Rating Suspended 
Long Term 10.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 87.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AB Chemicals India Pvt. Ltd. Long Term 2.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 43.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AB Crops Pvt. Ltd. Long Term 2.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 22.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AB Global Trade Pvt. Ltd. Long Term Bank Loan 2 Crore Rating WithdrawnStable
Short Term Bank Loan 38 Crore Rating Withdrawn 
AB Grain Spirits Pvt Ltd Long Term 65.34 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 28.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AB Infra Investments Pvt. Ltd. Long Term 2.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 46.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AB Refer Warehousing Pvt. Ltd. Long Term Bank Loan 35.75 Crore Rating WithdrawnStable
AB Udyog Pvt. Ltd. Long Term 22.74 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 1.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AB World Trade Pvt. Ltd. Long Term 2.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 30.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aban Holdings Pte Ltd Long Term Bank Loan 2017.278 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
ABans Finance Private Limited Long Term Bank Loan 5 Crore Rating WithdrawnStable
ABCI Infrastructures Pvt. Ltd. Long Term Bank Loan 68.50 Crore Rating WithdrawnStable
Short Term Bank Loan 481.50 Crore Rating Withdrawn 
Long Term / Short Term Bank Loan 147 Crore BWR A - / BWR A2 + Stable
Abdul Kalam Azad Short Term Bank Loan 13.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Long Term 8.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Abdul Salam Mir Construction Co. Pvt. Ltd. Long Term 15.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Abellon CleanEnergy Ltd. Long Term Bank Loan 4.87 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Abhijit Realtors and Infraventures Pvt. Ltd. Long Term Rating Withdrawn 
Abhimaani Prakashana (Colour Printing) Long Term 4.48 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Abhimaani Publications Ltd. Long Term 19.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Abhinandan Exports Limited Long Term Bank Loan 0.50 Crore Rating WithdrawnStable
Short Term Bank Loan 7.50 Crore Rating Withdrawn 
Abhinandan Motors Pvt. Ltd. Long Term 8.00 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Abhiraj Engicon Pvt. Ltd. Long Term 6.25 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Abhirama Steels Limited Long Term 18.80 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Abhishek Developers Long Term Bank Loan 212.37 Crore Rating Withdrawn 
Abhiyan Dealcomm Pvt Ltd Long Term 70.62 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Abika Hotels Long Term 8.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Abil Chempharma Pvt. Ltd. Long Term 2.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 13.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Abinav Ginning Mill Long Term Bank Loan 10.12 Crore Rating WithdrawnStable
Abiramee Timber Company Long Term 1.80 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Short Term 8.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Abirami Engineering Construction & Co. Long Term Bank Loan 5 Crore Rating WithdrawnStable
Short Term Bank Loan 4 Crore Rating Withdrawn 
ABN Tower and Transmission Pvt Ltd Long Term Bank Loan 2 Crore Rating Withdrawn 
Short Term Bank Loan 13 Crore Rating Withdrawn 
Abok Spring Pvt Ltd Long Term 16.11 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
ABS Aircon Engineer Pvt. Ltd. Long Term 7.40 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 15.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
ABS India Pvt. Ltd. Long Term Bank Loan 2.50 Crore BWR BBB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 12.50 Crore BWR A3
Issuer did not Co-operate; Based on best available information.
 
Long Term 3.50 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 9.25 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
ABSS Institute of Technology (Kastoori Devi Foundation) Long Term 6.86 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Academy for Technical & Management Excellence (ATME) Long Term 11.50 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Academy Of Higher Education Long Term 7.90 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Academy of Maritime Education and Training Long Term 60.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Acara Bioherb Pvt. Ltd. Short Term 8.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
ACC India Pvt. Ltd Long Term Bank Loan 113.10 Crore Rating WithdrawnStable
Short Term Bank Loan 111.90 Crore Rating Withdrawn 
Accent Microcell Pvt. Ltd. Long Term Bank Loan 21.66 Crore Rating Withdrawn 
Short Term Bank Loan 9.5 Crore Rating Withdrawn 
Access Homes Long Term 8.86 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
ACCIL Auto Steel Pvt. Ltd. Long Term Bank Loan 578 Crore Rating Withdrawn 
Short Term Bank Loan 166 Crore Rating Withdrawn 
ACCIL Corporation Private Limited Long Term 328.05 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Accord Distillers & Brewers Pvt. Ltd(Formerly known as AM Breweries Pvt Ltd) Long Term 100.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 20.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Accord Electropower Pvt. Ltd. Long Term 4.34 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Accord Life Spec Pvt.Ltd. Long Term 140.00 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Short Term 14.02 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Accord Mediplus Pvt Ltd Long Term 101.67 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Accrete Health Care Pvt. Ltd. Long Term 7.69 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
ACCUFOX ENTERPRISES PRIVATE LIMITED Long Term 5.95 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Accurate Polymers Pvt. Ltd. Long Term 4.05 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 1.75 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Accutech Agro Pvt Ltd Long Term 5.78 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Accutech Enterprises Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
ACE Enterprises Long Term 6.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term (1 Cr is the Sublimit) BWR A4 
Ace Hardware Pvt. Ltd. Short Term 6.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ace Pipeline Contracts Pvt. Ltd. Long Term Bank Loan 25.00 Crore Rating WithdrawnStable
Short Term Bank Loan 80.45 Crore Rating Withdrawn 
Ace Polyplast Pvt. Ltd. Long Term Bank Loan 4 Crore (sub limit of letter of credit) Rating Withdrawn 
Short Term Bank Loan 25 Crore Rating Withdrawn 
Acebright (India) Pharma Pvt. Ltd. Long Term 7.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Acetechpeb Systems Pvt. Ltd. Long Term 4.51 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 2.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Acetel Enterprises Pvt. Ltd. Long Term 8.97 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 2 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Achieve Impex Long Term (Rs.4.50 Cr is the sub limit) BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 14.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
A-Class Marbles (India) Pvt. Ltd. Long Term 46.08 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 16.00 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
ACME Auto Tech Pvt. Ltd. Long Term 5.65 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
ACME Builders Pvt. Ltd. Long Term 50.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
ACME Solar Energy (MP) Pvt Ltd Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
ACME Solar Technology (Gujarat) Pvt Ltd. Long Term Bank Loan 153 Crore Rating Withdrawn 
Acme Yarns Pvt. Ltd. Long Term Bank Loan 2.59 Crore Rating Withdrawn 
Long Term / Short Term Bank Loan 3.75 Crore Rating Withdrawn 
ACN Infotech (India) Pvt. Ltd. Short Term Bank Loan 52 Crore Rating Withdrawn 
ACP Industries Ltd. Long Term 8.50 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Acron Plast Private Limited Long Term Bank Loan 3 Crore Rating Withdrawn 
ACS Technologies Ltd. Long Term Bank Loan 14.46 Crore Rating WithdrawnStable
Short Term Bank Loan 4.44 Crore Rating Withdrawn 
Action Batteries Pvt. Ltd Long Term 12.10 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 8.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Action Bridgegap Constructions Pvt. Ltd. Long Term Bank Loan 65.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Activcarb Long Term Bank Loan 11.25 Crore Rating Withdrawn 
Short Term Bank Loan 0.50 Crore Rating Withdrawn 
Active Tools Pvt Ltd Long Term 5.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 12.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Acuity India Resorts Private Limited Long Term 5.72 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AD Textiles Long Term Bank Loan 5.30 Crore Rating Withdrawn 
Short Term Bank Loan 5.70 Crore Rating Withdrawn 
AD Trading Co. Long Term 21.30 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 0.50 Crore Rating Withdrawn 
Adani Cementation Ltd. Long Term Bank Loan 20 Crore Rating Withdrawn 
Adani Enterprises Ltd. Long Term Bank Loan 698.06 Crore BWR A +Negative
Short Term Bank Loan 250 Crore Rating Withdrawn 
Adani Green Energy (Tamil Nadu) Ltd. Long Term Bank Loan 97.74 Crore Rating Withdrawn 
Adani Infra (India) Ltd. Short Term Bank Loan 250 Crore Rating Withdrawn 
Short Term Bank Loan 250 Crore Rating Withdrawn 
Short Term Bank Loan 950 Crore Rating Withdrawn 
Long Term Bank Loan 800 Crore Rating Withdrawn 
Long Term Bank Loan 200 Crore Rating Withdrawn 
Short Term Bank Loan 717 Crore Rating Withdrawn 
Short Term Bank Loan 537 Crore Rating Withdrawn 
Long Term Bank Loan 117.50 Crore Rating Withdrawn 
Long Term Bank Loan 38 Crore Rating WithdrawnStable
Short Term Bank Loan 200 Crore Rating Withdrawn 
Long Term / Short Term Bank Loan 262 Crore Rating Withdrawn 
Adani Infrastructure and Developers Pvt. Ltd Long Term Bank Loan 350 Crore Rating Withdrawn 
Adani Infrastructure Management Services Ltd. Long Term Bank Loan 114 Crore Rating Withdrawn 
Long Term Bank Loan 473.45 Crore Rating WithdrawnStable
Adani Power (Jharkhand) Ltd Long Term Bank Loan 500 Crore Rating WithdrawnStable
Adani Power (Mundra) Ltd. Long Term Bank Loan 8850 Crore Rating Withdrawn 
Long Term / Short Term Bank Loan 4045 Crore Rating Withdrawn 
Short Term Bank Loan 105 Crore Rating Withdrawn 
Adani Power Ltd. Long Term Bank Loan 6091 Crore Rating Withdrawn 
Adani Power Maharashtra Ltd. Long Term Bank Loan 13534.00 Crore Rating Withdrawn 
Long Term / Short Term Bank Loan 1274 Crore BWR A / BWR A2Stable
Short Term Bank Loan 3000.00 Crore Rating Withdrawn 
Adani Power Rajasthan Ltd. Long Term Rating Withdrawn 
Short Term Bank Loan 130 Crore Rating Withdrawn 
Adani Properties Pvt. Ltd. Long Term Bank Loan 500 Crore Rating Withdrawn 
Short Term Bank Loan 250 Crore Rating Withdrawn 
Short Term Bank Loan 1050 Crore Rating Withdrawn 
Long Term Bank Loan 423 Crore Rating Withdrawn 
Adani Rail Infra Pvt. Ltd. Long Term Bank Loan 335 Crore Rating Withdrawn 
Adani Township & Real Estate Co Pvt. Ltd Long Term Rating Withdrawn 
Long Term Bank Loan 382.50 Crore Rating Withdrawn 
Long Term Rating Withdrawn 
Adani Tracks Management Services Pvt. Ltd. (erstwhile Sarguja Rail Corridor Pvt. Ltd.) Short Term Rating Withdrawn 
Long Term Rating Withdrawn 
Adani Transmission (Rajasthan) Ltd Long Term (Rs.108 Cr is the Sub-limit of TL) Rating Withdrawn 
Long Term Bank Loan 140 Crore Rating Withdrawn 
Adani Transmission Ltd Short Term (Rs.20 Cr is the sub limit) Rating Withdrawn 
Long Term Bank Loan 20 Crore Rating WithdrawnStable
Long Term / Short Term Bank Loan 380 Crore Rating WithdrawnStable
Adarsh Global Trades & Services Pvt Ltd Long Term 5.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 40 Crore Rating Withdrawn 
Adarsh Heights Pvt. Ltd. Long Term Bank Loan 72 Crore Rating WithdrawnStable
Adarsh Rice Mill Long Term 9.22 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Adarsha Global Build Projects Pvt Ltd. Long Term 5.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 0.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Adel Shipping & Logistics Ltd. Long Term Rating Withdrawn 
Adesh Foundation, Muktsar Long Term Bank Loan 27.55 Crore Rating Withdrawn 
Adesh Welfare Society Long Term 102.25 Crore BWR BBB +Stable
Adhunik Alloys & Power Ltd Long Term Bank Loan 591.14 Crore Rating Withdrawn 
Short Term Bank Loan 118 Crore Rating Withdrawn 
Adhunik Industries Ltd. Long Term Bank Loan 100.18 Crore Rating WithdrawnStable
Short Term Bank Loan 48 Crore Rating Withdrawn 
Adhunik Metaliks Ltd. Long Term Bank Loan 2257.70 Crore Rating Withdrawn 
Short Term Bank Loan 202.36 Crore Rating Withdrawn 
Adhunik Packagers Pvt. Ltd. Long Term 7.37 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 1.60 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Adhunik Power and Natural Resources Ltd. Long Term Bank Loan 3091.56 Crore Rating Withdrawn 
Short Term Bank Loan 246.75 Crore Rating Withdrawn 
Adie Broswon Breweries Pvt Ltd Long Term 12.65 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 7.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Adil Textiles Pvt. Ltd. Short Term Bank Loan 6 Crore Rating Withdrawn 
Adilakshmi Enterprises Long Term 10.00 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Adishakthi Constructions Long Term 2.94 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Adison Granito Pvt. Ltd. Long Term 78.70 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 5.90 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Adithya Exports Long Term 17.10 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Aditi Chains Pvt.Ltd Long Term 10.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aditi Creation Long Term 12.40 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Aditi Solar Pvt. Ltd. Long Term Bank Loan 8 Crore Rating WithdrawnStable
Short Term Bank Loan 7 Crore Rating Withdrawn 
Long Term Bank Loan 14.98 Crore Rating WithdrawnStable
Short Term Bank Loan 17.00 Crore Rating Withdrawn 
Aditya Academy Long Term 11.50 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Aditya Agro Godowns & Packaging Long Term 5.74 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.26 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aditya Auto Components Long Term 6.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Aditya Auto Engineering Long Term 20.95 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.25 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Long Term Bank Loan 7.56 Crore Rating Withdrawn 
Short Term Bank Loan 1 Crore Rating Withdrawn 
Aditya Automobile Spares Pvt. Ltd. Long Term 14.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Aditya Coke Pvt. Ltd. Long Term 20.75 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 31.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aditya Construction Long Term Bank Loan 48.14 Crore Rating Withdrawn 
Aditya Construction Company Private Limited Long Term 204.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aditya Exim Ltd Long Term 24.69 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.72 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aditya Grain Industries Long Term Bank Loan 14.49 Crore Rating WithdrawnStable
Long Term Rating Withdrawn 
Aditya Hi-Tech Cold Storage Long Term 4.04 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aditya Infotech Ltd. Long Term Bank Loan 282.00 Crore Rating WithdrawnStable
Short Term Bank Loan 80.00 Crore Rating Withdrawn 
Aditya MotoCorp Pvt. Ltd Long Term 19.52 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aditya Nonwoven Fabrics Pvt Ltd Long Term Bank Loan 11.80 Crore Rating Withdrawn 
Short Term Bank Loan 0.20 Crore Rating Withdrawn 
Aditya Precitech Private Limited Long Term 23.43 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 15.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aditya Raiment Pvt. Ltd. Long Term Bank Loan 19 Crore Rating Suspended 
Short Term Bank Loan 0.25 Crore Rating Suspended 
Aditya Steel Rolling Mills Pvt. Ltd. Long Term 17.36 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 9.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aditya Vidyut Appliances Ltd Long Term 79.45 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 173.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Adityapur – Kandra Road Project of Jharkhand Road Projects Implementation Company Ltd. Long Term Bank Loan 151.14 Crore Rating Withdrawn 
Adlec Systems Pvt. Ltd. Long Term Bank Loan 32.31 Crore Rating WithdrawnStable
Short Term Bank Loan 20 Crore Rating Withdrawn 
Adonai Shelters Pvt. Ltd Long Term Bank Loan 6.07 Crore Rating Withdrawn 
Adoratex Long Term 11.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 25.85 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Adorn Speciality Polymers Pvt. Ltd. Short Term (Rs.6 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Long Term 18.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Adroit Industries (India) Ltd Long Term 3.10 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 28.00 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Adroit Pharmaceuticals Pvt. Ltd. Long Term 35.50 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 54.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
ADS Pro Shield Long Term 11.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Adtek Print & Media Pvt Ltd Long Term 6.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Advance Home and Personal Care Ltd Long Term 6.90 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 10.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Advance Infrastructures Pvt. Ltd. Long Term Bank Loan 11.50 Crore Rating WithdrawnStable
Short Term Bank Loan 11.50 Crore Rating Withdrawn 
Advance Lamp Component & Table Wares Pvt. Ltd. Long Term 31.46 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Advance Ventilation Pvt Ltd Long Term Bank Loan 11.25 Crore Rating WithdrawnStable
Short Term Bank Loan 51.50 Crore Rating Withdrawn 
Advanced Rail Controls Pvt. Ltd (erstwhile Advance Rail Controls Pvt. Ltd.) Long Term 26.88 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 9.56 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Advant IT Park Pvt. Ltd Long Term Bank Loan 300.00 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Long Term Bank Loan 15 Crore Rating Withdrawn 
Short Term (Rs.15 Cr is the Sub-limit) Rating Withdrawn 
Long Term BWR BB -Stable
Advantis Quartz LLP Long Term Bank Loan 50.45 Crore Rating Withdrawn 
Short Term Bank Loan 11.68 Crore Rating Withdrawn 
Adventec Polymers Pvt. Ltd. Long Term Bank Loan 7 Crore (Enhanced from Rs. 5 Cr) Rating Withdrawn 
Short Term Bank Loan 4.50 Crore (Enhanced from Rs. 1.75 Cr) Rating Withdrawn 
Adway Print Concept Pvt Ltd Long Term 6.54 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aee Vee Textiles Long Term Bank Loan 4.23 Crore Rating Withdrawn 
Aegan Batteries Limited Long Term Bank Loan 56.49 Crore Rating Withdrawn 
Short Term Bank Loan 16.50 Crore Rating Withdrawn 
Aegis Value Homes Ltd. Long Term 19.46 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.30 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aekays Long Term 6.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aerospace Materials Pvt. Ltd. Long Term Bank Loan 2.76 Crore Rating WithdrawnStable
Short Term Bank Loan 6.50 Crore Rating Withdrawn 
Aerospace Processing India Pvt. Ltd. Long Term Bank Loan 5.72 Crore Rating Withdrawn 
Short Term Bank Loan 0.50 Crore Rating Withdrawn 
AF Export Short Term 5.80 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Afflatus Trading Pvt. Ltd. Short Term Bank Loan 13.00 Crore Rating Withdrawn 
AG Construction Long Term 30.00 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 120.00 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
AG Wable Long Term 4.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 7.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agarsen Re Rollers Pvt Ltd Long Term Bank Loan 7.28 Crore Rating Withdrawn 
Agarwal & Associates Impex Pvt Ltd Long Term 7.54 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 10.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agarwal Agro Foods Long Term 16.19 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Agarwal Carriers Corporation of India Long Term Bank Loan 2.10 Crore Rating WithdrawnStable
Short Term Bank Loan 4.35 Crore Rating Withdrawn 
Agarwal Company Long Term 6.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 20.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agarwal Ferro Metallic Pvt Ltd Long Term Bank Loan 24.90 Crore Rating WithdrawnStable
Short Term (Rs.1.50 Cr is the sub limit) Rating Withdrawn 
Agarwal Foundries Long Term Rating Withdrawn 
Short Term (Rs.16 Cr is the sub limit) Rating Withdrawn 
Agarwal Ice & Cold Storage Long Term 5.76 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Agarwal Industries Pvt. Ltd. Long Term Bank Loan 75.92 Crore Rating Withdrawn 
Short Term Bank Loan 275 Crore Rating Withdrawn 
Agarwal Mittal Concast Pvt. Ltd. Short Term 12.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Long Term 50.62 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Agarwal Motors(Prop. Concord Tie-Up Pvt. Ltd.) Long Term 49.02 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Agarwal Packers & Movers Ltd. Long Term Bank Loan 73.89 Crore Rating WithdrawnStable
Short Term Bank Loan 7 Crore Rating Withdrawn 
Agarwal Polysacks Limited Long Term 12.50 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 1.60 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agarwal Roller Flour Mill Long Term 15.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Agarwal Rubber Ltd. Long Term Bank Loan 53.61 Crore Rating WithdrawnStable
Short Term Bank Loan 33.00 Crore Rating Withdrawn 
Agarwal Trading Company Long Term 6.60 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Agarwalla Teak International Pvt. Ltd. Long Term Bank Loan 4.00 Crore Rating WithdrawnStable
Short Term Bank Loan 57.00 Crore Rating Withdrawn 
Aggarwal & Company Long Term Bank Loan 10.00 Crore Rating WithdrawnStable
Short Term Bank Loan 10.00 Crore Rating Withdrawn 
Aggarwal Coal Co Long Term Bank Loan 18 Crore Rating WithdrawnStable
Aggarwal Laminates Long Term 7.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aggarwal Rice & General Mills Long Term 16.00 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Aggarwal Sons Long Term 41.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aggarwal Steel Industries Long Term 6.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 2.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aggarwals Foods India Long Term 10.06 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aggarwwal Exports Long Term Bank Loan 1.00 Crore Rating WithdrawnStable
Short Term Bank Loan 33.00 Crore Rating Withdrawn 
AGI Infra Ltd. Long Term Bank Loan 6 Crore BWR BBBStable
Long Term Bank Loan 113.00 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 4 Crore Rating Withdrawn 
Agilis Vitrified Pvt. Ltd. Long Term 60.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agni Short Term 15.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agnivesh Enterprises Long Term 0.50 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 18.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agog Pharma Ltd. Long Term 2.50 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 10.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AGR Steel Strips Pvt. Ltd. Long Term Bank Loan 75 Crore Rating Withdrawn 
Short Term Bank Loan 45 Crore Rating Withdrawn 
Agra Infraland Developers Pvt. Ltd Long Term 24.70 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Agra Oil & General Industries Ltd. Long Term 11.10 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 0.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agrasen Sponge Pvt. Ltd. Long Term Bank Loan 19.35 Crore Rating WithdrawnStable
Short Term Bank Loan 4.50 Crore Rating Withdrawn 
Agrawal Automobiles Long Term Bank Loan 10 Crore Rating WithdrawnStable
Short Term Bank Loan 0.11 Crore Rating Withdrawn 
Agrawal Dall Mills Long Term Bank Loan 11 Crore Rating WithdrawnStable
Agrawal Infrabuild Pvt. Ltd. Long Term Bank Loan 35.14 Crore Rating WithdrawnStable
Short Term Bank Loan 101.86 Crore Rating Withdrawn 
Agrawal Iron & Industries Long Term 18.28 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Agrawal Oil & Biocheam Long Term 8.21 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Agrawal Soya Extracts Pvt. Ltd. Long Term 10.90 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Agrawal Tractors Long Term 5.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Agrawal Warehousing & Logistics Long Term Bank Loan 5.92 Crore Rating WithdrawnStable
Agrawal Woven Polymers Long Term 13.03 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Agri Base Commodities Long Term 21.55 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term (16 Cr is the sub-limit of SODH) BWR A4 
Agristo Masa Pvt. Ltd. Long Term 101.01 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Agro Leader Pipes & Products Pvt. Ltd. Long Term Bank Loan 5 Crore (Reduced from Rs 5.45 Cr) Rating WithdrawnStable
Agro Nut & Food Co Long Term 6.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Agro Phos India Ltd. Long Term 21.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 10.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agroha Iron And Steel Industries Long Term Bank Loan 12.00 Crore Rating WithdrawnStable
Agroking Pesticides Private Limited Long Term 5.86 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Agron India Ltd. Long Term 10.12 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 1.02 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Agrownation India Ventures Pvt Ltd (ErstwhilePrayag Cereals Pvt. Ltd.) Long Term 44.76 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Agson Global Pvt Ltd Long Term Bank Loan 1544 Crore Rating WithdrawnNegative
Short Term Bank Loan 150 Crore Rating Withdrawn 
Agsons Agencies India Pvt. Ltd. Short Term 120.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Agtec Industries Pvt Ltd Long Term 3.68 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ahlawat Research & Breeding Farm Long Term 7.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ahmad Raza Qadri Noshahi Cold Store Long Term 4.95 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ahmad Rice Mills Long Term 16.38 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 2.25 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ahmednagar Bypass Road Project Pvt. Ltd. Long Term Bank Loan 252.12 Crore Rating WithdrawnStable
Ahmednagar Ghogargaon Road Projects Pvt. Ltd. Long Term Bank Loan 214.81 Crore Rating WithdrawnStable
Short Term Bank Loan 18.15 Crore Rating Withdrawn 
Ahuja Cotspin Pvt. Ltd Long Term 216.58 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ahuja Impex Pvt. Ltd Long Term 5.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 10.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aim Filtertech Pvt Ltd Long Term 18.92 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 0.95 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aims Retail Services (P) Ltd. Long Term 17.60 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ainaj Industries Long Term 17.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Airavat Industries Pvt Ltd Long Term 11.30 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 15.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aireff Detox Pvt. Ltd. Long Term 22.02 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 36.30 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Airen Metals Pvt. Ltd. Long Term 28.90 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 274.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Airlife Gases Pvt. Ltd. Long Term Bank Loan 14.80 Crore Rating WithdrawnStable
Short Term 31.88 Crore Rating Withdrawn 
Airmid Aviation Services Ltd. Long Term Bank Loan 243.57 Crore Rating Withdrawn 
Airtech Pvt. Ltd. Long Term 10.87 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Airwave International Pvt. Ltd. Long Term 1.15 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Aishloni Copper Alloys Pvt. Ltd. Long Term 13.35 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 3.5 Crore Rating Withdrawn 
Aishwarya Technologies and Telecom Limited Long Term Bank Loan 3 Crore Rating Withdrawn 
Short Term Bank Loan 14.50 Crore Rating Withdrawn 
Aishwarya Trading Company Long Term 10.25 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.97 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aishwaryagiri Constructions Pvt Ltd Long Term Bank Loan 36 Crore Rating WithdrawnStable
Short Term Bank Loan 15 Crore Rating Withdrawn 
Long Term 30.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 15.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AISHWARYAHEIGHTS INFRA PRIVATE LIMITED Long Term 95.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AJ. Industries Long Term 3.25 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.25 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ajanta Electronics Long Term 8.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ajanta Industries Long Term 10.04 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 8.46 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ajanta Polymers Pvt. Ltd. Long Term Bank Loan 8.15 Crore Rating WithdrawnStable
Ajanta Raaj Proteins Ltd. Long Term 30.98 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Ajanta Soya Ltd. Long Term Bank Loan 15.00 Crore Rating WithdrawnStable
Short Term Bank Loan 115.00 Crore Rating Withdrawn 
Ajar Amar Steel Concast Short Term Bank Loan 9.00 Crore Rating Withdrawn 
Long Term Bank Loan 19.00 Crore Rating WithdrawnStable
Ajay Agro Industries Long Term 13.85 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ajay Associates Long Term 5.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 6.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ajay Cotspin Industries Long Term 43.49 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 3.88 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ajay Engicone Pvt Ltd Long Term 1.25 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 9.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ajay Ingot Rolling Mill Pvt. Ltd. Long Term 28.74 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Ajay Knitwears & Fabrics Pvt. Ltd. Long Term 19.05 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Ajay Kumar Sood Engineers & Contractors Long Term 4.47 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 7.80 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ajay Paper Mill Long Term 8.28 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ajaysinh V Desai Builders & Developers Long Term Bank Loan 39.20 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ajinkya Chemtech Pvt. Ltd. Long Term Rating Withdrawn 
Ajit Agro Industries Long Term 7.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Long Term Bank Loan 7 Crore BWR BB -
(Not Reviewed)
Stable
Ajmer Agro Products Pvt. Ltd. Long Term 4.54 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Ajmer Vidyut Vitran Nigam Limited Long Term Bank Loan 573 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Negative
Short Term Bank Loan 551.98 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Long Term Bank Loan 112.50 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Long Term Bank Loan 1100 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Negative
Ajmera Associates Ltd. Long Term Bank Loan 12 Crore Rating WithdrawnStable
Short Term Bank Loan 7 Crore Rating Withdrawn 
AJS Impex Pvt. Ltd. Long Term 105.19 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 342.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AJSG Motors Pvt Ltd Long Term 5.22 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
AK Capital Finance Ltd.(erstwhile AK Capital Finance Pvt. Ltd.) Long Term Bank Loan 285 Crore BWR AA -Stable
Long Term Bank Loan 450 Crore Rating WithdrawnStable
Long Term Bank Loan 0.00 Crore Rating Withdrawn 
AK Construction Company Long Term 12.99 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 15.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akal Information System Ltd Long Term 10.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 5.25 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akanksha Automobiles Private Limited Long Term 26.64 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term (Rs.0.10 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akanksha Sales Promoters India Pvt. Ltd. Long Term 7.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 4 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akansha Ship Breaking Pvt. Ltd. Long Term (Rs.2 Cr is the sub limit) BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 35.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akar Auto Industries Ltd (erstwhile Akar Tools Ltd) Long Term Bank Loan 46.63 Crore Rating WithdrawnNegative
Short Term Bank Loan 28.01 Crore Rating Withdrawn 
Akasa Finance Ltd. (erstwhile Pooja Finelease Ltd.) Long Term Bank Loan 94.50 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Akash Steel Crafts Pvt. Ltd. Long Term 6.45 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akash Traders Long Term Bank Loan 5 Crore Rating Withdrawn 
Akashganga Infraventures India Ltd. (erstwhile RV Akash Ganga Infrastructure Limited) Long Term 24.34 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 25.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akbar Educational Trust Long Term 12.76 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Akbar International Long Term 14.80 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Akbar Travels Of India Pvt. Ltd. Long Term 83.65 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 268.00 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
AKC Auto Pvt. Ltd. Long Term Bank Loan 17.85 Crore Rating Withdrawn 
AKC Motors Long Term Bank Loan 9.00 Crore Rating Withdrawn 
AKE Infrastructure Pvt Ltd Long Term 18.90 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Akhil Ship Breakers Pvt. Ltd. Long Term (Rs.2 Cr is the sub limit) BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 30.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akhila Agro Products Long Term 20.00 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Akhshayaa Finance Bhaarath Limited Long Term 9.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Akme Fintrade (India) Ltd. Long Term Bank Loan 52.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
AKR Industries Pvt. Ltd. (Formerly Known as AKR Textile) Long Term 124.03 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 85.00 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Akrati Technimont Limited Long Term 7.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 9.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akruthi Apparrel Long Term Bank Loan 6.32 Crore Rating WithdrawnStable
Short Term Bank Loan 21.50 Crore Rating Withdrawn 
AKS Charitable Trust Long Term 11.75 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
AKS Electricals and Electronics Pvt Ltd Long Term Bank Loan 16.50 Crore Rating WithdrawnStable
Short Term Bank Loan 8 Crore Rating Withdrawn 
AKS Medical & Research Centre Private Limited Long Term Bank Loan 79.15 Crore Rating WithdrawnStable
AKS Ventures Private Limited Long Term 3.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 12.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akshar Construction Co. Long Term 4.75 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 2.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akshar Fabrics Pvt Ltd Long Term 6.64 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Akshar Infrabuild Long Term 25.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Akshar Ispat Ltd. Long Term 20.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 1 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Akshar Spintex Pvt Ltd Long Term Bank Loan 39 Crore Rating WithdrawnStable
Short Term Bank Loan 1.35 Crore Rating Withdrawn 
Akshat Agro Milling Co. Pvt. Ltd. Long Term Bank Loan 36.86 Crore Rating Withdrawn 
Akshat Papers Ltd Long Term Bank Loan 19.25 Crore Rating WithdrawnStable
Short Term Bank Loan 7 Crore Rating Withdrawn 
Akshat Roller Flour Mills Pvt Ltd Long Term 40.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Akshay Food Impex Pvt. Ltd. Short Term 22.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Long Term 10.42 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Akshaya Ornaments Pvt. Ltd. Long Term 9.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Akshaya Traders Long Term Bank Loan 2 Crore Rating WithdrawnStable
Short Term Bank Loan 12.50 Crore Rating Withdrawn 
Akshoy Creation Long Term 11.50 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Long Term Bank Loan 9.28 Crore BWR BB -
(Not Reviewed)
Stable
Long Term 12.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Akshra Industrial Corporation Long Term 4.89 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Akula Boards Private Limited Long Term 11.00 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Al Ammar Frozen Foods Exports Pvt Ltd Long Term Bank Loan 6.65 Crore Rating WithdrawnStable
Short Term Bank Loan 0.25 Crore Rating Withdrawn 
Al Hope Hospital Pvt. Ltd. Long Term 13.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Al Jalil Exports Long Term 19.96 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
ALA Food Stuff Pvt. Ltd. Long Term 10.00 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 23.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alamelu Balaji Spinning Mills Private Limited Long Term 18.85 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.40 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alamelu Charitable Foundation Long Term Bank Loan 50 Crore Rating WithdrawnStable
Short Term Bank Loan 2 Crore Rating Withdrawn 
Aland Spinners Pvt. Ltd. Long Term 17.73 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.09 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Alang Ship Breaking Corporation Long Term (Rs.7.50 Cr is the sub limit) BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 51.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alankar Alloys Private Limited Long Term Bank Loan 30.00 Crore Rating WithdrawnStable
Alankar Apartments Pvt Ltd Long Term Bank Loan 908.40 Crore Rating Withdrawn 
Alayna Industries Long Term 9.01 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Albys Agro Pvt. Ltd. Long Term Bank Loan 58.26 Crore Rating WithdrawnStable
Short Term Bank Loan 1.50 Crore Rating Withdrawn 
Alchemist Asset Reconstruction Company Ltd Long Term Bank Loan 25.00 Crore (Fund Based : Proposed Overdraft of Rs.75 Cr Withdrawn on non-utilization) Rating Withdrawn 
Al-Dua Food Processing Pvt Ltd Long Term 175.80 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alectra Construction Limited Long Term 4.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 18.60 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alex Astral power Pvt. Ltd. Long Term 207.49 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Algol Business Systems Pvt. Ltd. Long Term 2.75 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Alhadin Construction Long Term 9.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Al-Hamd Agro Food Products Pvt Ltd Long Term 3.30 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 187.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Al-Haq Foods Private Limited Long Term Bank Loan 25 Crore Rating Withdrawn 
Al-hind Exports Long Term 9.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ali Afzal Flour Mill Limited Long Term 24.94 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term (Rs.5.40 Cr is the sublimit) Rating Withdrawn 
Ali Agro Food Products Long Term 5.60 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Alkas Spinning Mills Pvt. Ltd. Long Term 5.95 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.40 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
All India Asian Educational Foundation Long Term 10.74 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
All India Bright Career Education Society Long Term 7.76 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
All India Society for Electronics and Computer Technology (Raipur, Chhattisgarh) Long Term Bank Loan 12.59 Crore Rating WithdrawnStable
All Rich Dairy Pvt Ltd Long Term 9.82 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Allchem Lifescience Pvt. Ltd. Long Term 95.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term (Rs.14.30 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Allena Auto Industries Pvt Ltd. Long Term Bank Loan 30.18 Crore Rating WithdrawnStable
Short Term Bank Loan 0.80 Crore Rating Withdrawn 
Alliaance Biotech Long Term 8.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.75 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alliance Grani Marmo Pvt. Ltd. Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
Allied Digital Services Ltd. Short Term 5.00 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Long Term 30.90 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 26.50 Crore Rating Withdrawn 
Allied Engineers Long Term 2.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.75 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Allied Exim Short Term Bank Loan 31.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Long Term 5.09 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Allied Recycling Limited Long Term Bank Loan 29.80 Crore Rating WithdrawnStable
ALM Food Products Ltd. Long Term 141.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
ALM Industries Ltd. Long Term 145.73 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Almed Laboratories Pvt Ltd. Long Term 7.98 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Almega Paints Private Limited Long Term 7.18 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Almondz Global Infra Consultant Ltd Long Term Bank Loan 2.05 Crore Rating WithdrawnStable
Short Term Bank Loan 5 Crore Rating Withdrawn 
Alok Glass Works Long Term 5.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.58 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alokik Steels Pvt. Ltd. Long Term 4.10 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.25 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
ALP Nishikawa Co. Ltd. Long Term Bank Loan 29.45 Crore Rating WithdrawnStable
Short Term Bank Loan 8.98 Crore Rating Withdrawn 
ALP Overseas Pvt. Ltd. Long Term Bank Loan 14.83 Crore Rating WithdrawnStable
Short Term Bank Loan 20.70 Crore Rating Withdrawn 
Alpex Solar Pvt. Ltd. Long Term 12.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 17.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alpha Nippon Innovatives Ltd. Long Term 158.98 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Alpine Apparels Pvt. Ltd. Long Term Bank Loan 21.65 Crore Rating WithdrawnStable
Short Term Bank Loan 61.60 Crore Rating Withdrawn 
Alpine Knits India Pvt. Ltd. Long Term 18.50 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 15.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Alps Leisure Holidays Private Limited Long Term 9.73 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.15 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Al-Raheem International Pvt Ltd Long Term 8.22 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
AL-Sameer Exports Pvt. Ltd. Long Term Bank Loan 0.02 Crore Rating Withdrawn 
Short Term 65.00 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Al-Sana Agro Food Products Pvt Ltd Long Term 30.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Al-Saqib Exim Pvt. Ltd. Long Term 5.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Al-Saqib Exports Pvt. Ltd. Long Term Bank Loan 2 Crore Rating Withdrawn 
Short Term 30.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Al-Sumama Agro Foods Pvt. Ltd. Long Term 12.50 Crore Rating WithdrawnStable
Altech Fabricators Long Term Bank Loan 5.57 Crore Rating WithdrawnStable
Short Term Bank Loan 0.40 Crore Rating Withdrawn 
Alvas Education Foundation (R) Long Term Bank Loan 103.46 Crore Rating Withdrawn 
AL-Yasir Exports Pvt Ltd Long Term 8.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
AM Rice Mills Long Term 16.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term (Rs.4 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ama Industries Private Limited Long Term 3.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aman Exports International Long Term 20.74 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 30.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aman Hospitality Pvt. Ltd. Long Term Bank Loan 932.93 Crore Rating Withdrawn 
Short Term Bank Loan 60 Crore Rating Withdrawn 
Aman Metal Finishers Long Term 5.17 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Amar Cold Storage Long Term 6.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Amar Enterprises Long Term 3.66 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amar Infrastructure Ltd. Long Term 15.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 50.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amar Iron Udyog Pvt. Ltd. Long Term Bank Loan 15.00 Crore Rating WithdrawnStable
Short Term Bank Loan 14.00 Crore Rating Withdrawn 
Amar Jewellers Ltd. Long Term 50.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Amar Partap Steel Pvt. Ltd. Long Term Bank Loan 19.66 Crore Rating Withdrawn 
Amar Prakaash Developerss Private Limited Long Term 472.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Amar Singh & Sons Long Term Bank Loan 3 Crore Rating Withdrawn 
Short Term Bank Loan 20 Crore Rating Withdrawn 
Amar Singh Foods Pvt. Ltd. Long Term 10.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term (Rs.2 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amar Trades Limited Long Term 5.50 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 2.00 Crore BWR A4 
Amaravathi Garments Manufacturing Company Short Term Bank Loan 7 Crore Rating Withdrawn 
Amaravathi Spinning Mills (Rajapalayam) Pvt. Ltd. Long Term 13.71 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.03 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Amardeep Cold Storage Long Term Bank Loan 5 Crore Rating WithdrawnStable
Amaresh Rice Mill Long Term Bank Loan 15.84 Crore Rating Withdrawn 
Short Term Bank Loan 0.15 Crore Rating Withdrawn 
Amarjeet Singh & Sons Long Term 5.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Amarnath Trading Co. Long Term 9.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Amarsai Shrink Pack Pvt. Ltd. Long Term 18.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Amartex Industries Limited Long Term 19.21 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term (Rs.1 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amaya Hotels Long Term 6.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Amba Shakti Ispat Ltd. Long Term 30.00 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 14.10 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amba Shakti Steels Ltd. Long Term 35.59 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 22.50 Crore BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Amba Shakti Udyog Ltd Long Term 66.01 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 25.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ambal Bricks Pvt Ltd Long Term 7.15 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ambal Modern Rice Mill Long Term 16.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ambassador Hotel Long Term 7.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ambekeshwar Steels Pvt. Ltd. Long Term Bank Loan 11.60 Crore Rating Withdrawn 
Ambey Constructech Pvt. Ltd. Long Term 12.53 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ambey Metallic Pvt. Ltd. Long Term Bank Loan 5.65 Crore Rating WithdrawnStable
Short Term Bank Loan 24.35 Crore Rating Withdrawn 
Ambey Vaishno Steels Pvt. Ltd. Long Term Bank Loan 21.21 Crore Rating Withdrawn 
Short Term Bank Loan 1.50 Crore Rating Withdrawn 
Ambica Aluminium Long Term 7.90 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Ambica Cashew Industries Long Term 3.00 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.80 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ambica Cotseeds Limited Long Term Bank Loan 15 Crore Rating WithdrawnStable
Short Term Bank Loan 0.75 Crore Rating Withdrawn 
Ambica Iron & Steel Pvt Ltd Long Term Bank Loan 7.80 Crore Rating WithdrawnStable
Ambica Spintex Pvt. Ltd. Long Term 29.31 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 1.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ambience Commercial Developers Pvt. Ltd. Long Term Bank Loan 704.92 Crore Rating Withdrawn 
Ambience Developers & Infrastructure Pvt. Ltd. Long Term Bank Loan 1072.10 Crore (Reduced from Rs.1159.41Cr) Rating Withdrawn 
Short Term Bank Loan 63.46 Crore Rating Withdrawn 
Long Term Bank Loan 1500 Crore Rating WithdrawnStable
Long Term Bank Loan 1348.13 Crore Rating Withdrawn 
Short Term Bank Loan 50 Crore Rating Withdrawn 
Ambience Education Society Long Term Bank Loan 35.11 Crore Rating Withdrawn 
Ambience Facilities Management Pvt. Ltd. Long Term Bank Loan 139.69 Crore Rating Withdrawn 
Long Term Bank Loan 50.19 Crore BWR B +Stable
Short Term Bank Loan 62 Crore Rating Withdrawn 
Ambience Hotels & Resorts Pvt. Ltd. Long Term Bank Loan 570 Crore Rating Withdrawn 
Short Term Bank Loan 20 Crore Rating Withdrawn 
Long Term Bank Loan 470 Crore Rating Withdrawn 
Long Term Bank Loan 481.52 Crore Rating Withdrawn 
Short Term Bank Loan 40 Crore Rating Withdrawn 
Ambience Projects & Infrastructure Pvt. Ltd. Short Term Bank Loan 20 Crore Rating Withdrawn 
Long Term Bank Loan 720 Crore Rating Withdrawn 
Ambience Pvt. Ltd. Long Term Bank Loan 1261.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ambience Towers Pvt. Ltd. Long Term Bank Loan 245.59 Crore Rating Withdrawn 
Ambika Decor Pvt Ltd Long Term 7.10 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Ambika Electronics Long Term 41.40 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Ambika Realcon Pvt. Ltd. Long Term 34.95 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Ambika Wood Industries Pvt. Ltd. Long Term Bank Loan 2 Crore Rating Withdrawn 
Short Term Bank Loan 12.32 Crore Rating Withdrawn 
Ambit Switchgear Pvt. Ltd. Long Term 8.86 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Short Term 6.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ambivijay Steel Suppliers Pvt. Ltd. Long Term 8.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ambootia Tea Exports Pvt. Ltd. Long Term 215.95 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 0.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ambrish Tractors Long Term 9.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ambuja Ginning Pressing and Oil Company Pvt. Ltd. Long Term Bank Loan 9.24 Crore Rating WithdrawnStable
Ambuja Pipes Pvt Ltd Long Term 45.98 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Negative
Short Term 9.25 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ambuthirtha Power Pvt. Ltd. Long Term Bank Loan 82.44 Crore Rating WithdrawnStable
AMD Industries Ltd. Long Term Bank Loan 55.40 Crore Rating WithdrawnStable
Short Term Bank Loan 6.00 Crore Rating Withdrawn 
AMDD Foods Pvt. Ltd. Long Term 95.00 Crore BWR BBB +Stable
Short Term 118.00 Crore BWR A2 
American Road Technology & Solutions Pvt. Ltd. (earlier logged in as American Road Technology & Solutions) Long Term 5.70 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ameya Perfomatt Pvt Ltd Long Term Bank Loan 7.07 Crore Rating Withdrawn 
Short Term Bank Loan 5.30 Crore Rating Withdrawn 
Ameyas Buildcon Pvt Ltd Long Term Bank Loan 7 Crore Rating Withdrawn 
Short Term Bank Loan 15 Crore Rating Withdrawn 
Amhara Construction Pvt. Ltd. Long Term 2.00 Crore BWR BBB -Stable
Short Term 38.00 Crore BWR A3 
AMI Enterprises Long Term 1.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 11.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ami Riddhi Chem Pvt Ltd Long Term Bank Loan 12.50 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 0.08 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Long Term 12.50 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 0.08 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ami Tech (India) Pvt. Ltd. Long Term 5.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 20.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amika Hotels Madurai Pvt. Ltd. Long Term 15.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Amines & Plasticizers Limited Long Term Bank Loan 57 Crore Rating Withdrawn 
Short Term Bank Loan 26.67 Crore Rating Withdrawn 
Amir Chand Jagdish Kumar (Exports) Ltd Long Term Bank Loan 149.15 Crore Rating WithdrawnStable
Short Term Bank Loan 675.00 Crore Rating Withdrawn 
Amiraj Infrastructure Long Term 6.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Amit Autowheels Pvt. Ltd. Long Term 59.50 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Amit Brothers Pvt. Ltd. Long Term Bank Loan 50 Crore Rating WithdrawnNegative
Amit Buildwell Pvt. Ltd. Long Term Bank Loan 7.00 Crore Rating WithdrawnStable
Short Term Bank Loan 18.00 Crore Rating Withdrawn 
Amit Construction Company Long Term 2.30 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amit Leather Wears Short Term 7.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amit Realty Pvt. Ltd. Long Term 9.66 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Amita International Long Term 2.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amitara Overseas Pvt. Ltd. (erstwhile Amitara Overseas Ltd ) Long Term Bank Loan 25.15 Crore Rating WithdrawnStable
Short Term Bank Loan 15 Crore Rating Withdrawn 
Amitara Resorts Pvt Ltd Long Term Bank Loan 7.86 Crore Rating Withdrawn 
Short Term Bank Loan 1 Crore Rating Withdrawn 
Amitech Textiles Ltd.(Erstwhile Amitech Industries Ltd.) Long Term 20.79 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.26 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Amitoj Textiles Limited Long Term 10.20 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Amiya Steel Pvt. Ltd. Long Term Bank Loan 18.07 Crore Rating Withdrawn 
Short Term Bank Loan 4.00 Crore Rating Withdrawn 
AMM Engineering Works Long Term 7.97 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amma Chandrawati Educational and Charitable Trust Long Term 11.55 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Amman Industries Long Term 11.85 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ammanarul Spinners Pvt Ltd Long Term 23.91 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AMN Enterprises Long Term 25.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Amod Stampings Pvt. Ltd. Long Term Bank Loan 53.06 Crore Rating Withdrawn 
Short Term Bank Loan 55 Crore Rating Withdrawn 
AMPL Cleantech Pvt. Ltd. Long Term Rating Withdrawn 
Ampolt Electronics India Pvt Ltd Long Term 5.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amrapali Biotech India Pvt. Ltd. Long Term Bank Loan 43.32 Crore Rating Withdrawn 
Amrapali Dream Valley Pvt. Ltd. Long Term Bank Loan 300 Crore Rating Withdrawn 
Amrapali Eden Park Developers Pvt. Ltd. Long Term Bank Loan 45 Crore Rating Withdrawn 
Amrapali Homes Projects Pvt. Ltd. Long Term Bank Loan 15.64 Crore Rating Withdrawn 
Amrapali Hospitality Services Pvt. Ltd. Long Term Bank Loan 10.04 Crore Rating Withdrawn 
Amrit Crafts Pvt Ltd Long Term 28.55 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 2.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amrit Duraparts Pvt. Ltd. Long Term 18.96 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Amrit Engineering and Foundry works Long Term 8.40 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Amrit Exports Pvt Ltd Long Term 3.99 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 34.25 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amrit Supply Company Pvt. Ltd. Long Term Bank Loan 20 Crore Rating Withdrawn 
Short Term Bank Loan 15.10 Crore Rating Withdrawn 
Amritsar Development Authority Long Term 55.15 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Amritsar Health & Hospitality Services Long Term 6.78 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Amritsar Rice Land Long Term 28.50 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Amrut Exports. Long Term 150.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Amruth Industries Long Term Bank Loan 5.32 Crore Rating Withdrawn 
Short Term Bank Loan 0.07 Crore Rating Withdrawn 
Amrutha Coffee Pvt. Ltd. Long Term 5.00 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Amrutha Constructions Pvt. Ltd. Long Term Bank Loan 100.00 Crore Rating WithdrawnStable
Short Term Bank Loan 400.00 Crore Rating Withdrawn 
Amrutha Knit Fab Long Term 4.58 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 0.23 Crore Rating Withdrawn 
Amul Feed Pvt. Ltd. Long Term 15.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Amul Industries Pvt Ltd Long Term 41.40 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Amurtha Textiles Long Term 10.12 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.88 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AMW Auto Component Ltd. Short Term BWR D
Issuer did not Co-operate; Based on best available information.
 
Long Term 314.84 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AN Royal Engineering India Pvt. Ltd. Long Term Bank Loan 5.00 Crore Rating Withdrawn 
Short Term Bank Loan 15.00 Crore Rating Withdrawn 
Anadi Mercantile Pvt. Ltd. Long Term Bank Loan 7.20 Crore Rating Withdrawn 
Anadi Rice Mills Pvt. Ltd. Long Term 15.50 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Anahita Hospitality LLP Long Term 59.56 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Analogics Tech India Ltd Long Term Bank Loan 70.22 Crore Rating Withdrawn 
Short Term Bank Loan 32.50 Crore Rating Withdrawn 
Anamika Conductors Pvt. Ltd Long Term Bank Loan 50.66 Crore Rating Withdrawn 
Short Term Bank Loan 85 Crore Rating Withdrawn 
Anand Big Mall Long Term 11.30 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anand Concast Limited Short Term 9.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anand Cottginn Pvt. Ltd. Long Term Bank Loan 8.40 Crore Rating WithdrawnStable
Anand Duplex Limited Long Term Bank Loan 16.50 Crore Rating WithdrawnStable
Short Term Bank Loan 6.50 Crore Rating Withdrawn 
Anand Frozen Foods Long Term 9.42 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anand Metal Engineering Pvt. Ltd. Long Term Bank Loan 7.45 Crore Rating WithdrawnStable
Anand Publication Long Term 3.64 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.80 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anand Rathi Commodities Ltd. Short Term Bank Loan 75 Crore Rating Withdrawn 
Anand Rathi Share And Stock Brokers Ltd. Long Term Bank Loan 56 Crore BWR BBB +Stable
Short Term Bank Loan 940 Crore BWR A2 + 
Anand Solvex Limited Long Term 26.86 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Anand Swaroop Arya Saraswati Vidya Mandir Long Term 6.53 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Anand Transformers Pvt. Ltd. Long Term 10.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 20.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anand Transport Pvt. Ltd. Long Term 5.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Negative
Short Term 104.57 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anand Triplex Board Ltd Long Term 32.00 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 6.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ananda Feeds Long Term Bank Loan 10 Crore Rating Withdrawn 
Ananda Foods Long Term Bank Loan 1.08 Crore Rating WithdrawnStable
Short Term Bank Loan 82.00 Crore Rating Withdrawn 
Anandam Ornaments Pvt. Ltd. Long Term Bank Loan 35 Crore Rating Withdrawn 
Anandam Textiles Long Term 12.72 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 2.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anant Alloys And Steel LLP Long Term 12.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anant Dudh Pvt Ltd Long Term 24.55 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 0.45 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anantshri Industries Long Term 5.27 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ananya Engineering Pvt. Ltd. Long Term 12.86 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 6.08 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ananya Finance for Inclusive Growth Private Limited Long Term Bank Loan 67.30 Crore (Rs.57.21 Cr Withdrawal on full repayment & Rs.139.38 Cr Withdrawal on non utilization) Rating WithdrawnNegative
Ananya Wood Pvt. Ltd. Long Term Bank Loan 10 Crore Rating WithdrawnStable
Short Term Bank Loan 24.63 Crore Rating Withdrawn 
Andaman Timber Company Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
Andhra Pradesh Capital Region Development Authority Long Term Bank Loan 10000 Crore Rating Withdrawn 
Andhra Pradesh Fibers Ltd. Long Term Bank Loan 7.92 Crore Rating WithdrawnStable
Short Term Bank Loan 2 Crore Rating Withdrawn 
Andhra Pradesh Power Development Company Limited Long Term 1500.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Andhra Pradesh Power Finance Corporation Limited Long Term Bank Loan 9741.33 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Andhra Pradesh Power Generation Corporation Ltd. Long Term 3904.22 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 300.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Andhra Pradesh Township & Infrastructure Development Corporation Limited Long Term Bank Loan 2700 Crore Rating Withdrawn 
Long Term Bank Loan 282.40 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Long Term Bank Loan 4700 Crore Rating Withdrawn 
Andromeda Packaging Pvt. Ltd. Long Term Bank Loan 31.13 Crore Rating WithdrawnStable
Aneja Food Products Long Term 20.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Aneri Construction Pvt Ltd Long Term 8.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 13.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
ANG Industries Limited Long Term Bank Loan 117.59 Crore Rating Withdrawn 
Short Term Bank Loan 18.55 Crore Rating Withdrawn 
Angad Milkfoods Pvt Ltd. Long Term 8.51 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Angel Apparels Long Term Bank Loan 5.50 Crore Rating Withdrawn 
Angel Cottex Long Term 7.12 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Angel Fabrics Pvt. Ltd. Long Term 0.53 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Angel Inc Long Term 6.30 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term (Rs.5 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Angel Papers Pvt. Ltd. Long Term 8.32 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Angel Pipes & Tubes Private Limited Long Term 10.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term (Rs.3 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Angrish Alloys & Steel Pvt. Ltd Long Term 9.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Angul Sukinda Railway Ltd Long Term Bank Loan 2200.00 Crore Rating WithdrawnStable
Anik Industries Limited Long Term 33.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 155.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Anika Motors Private Limited Long Term 8.67 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anil Buildcon Long Term 20.00 Crore Rating Withdrawn 
Short Term 15.00 Crore Rating Withdrawn 
Anil Buildcon (I) Pvt. Ltd. Long Term 0.60 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 28.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anil Construction Company Long Term 5.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 20.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anil Electricals & Santary Goods Stores Short Term 16.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anil Ice and Cold Storage Long Term 6.80 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anil Ltd. Long Term 743.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 93.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Anil Neerukonda Educational Society Long Term 77.54 Crore BWR BBB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 16.00 Crore BWR A3
Issuer did not Co-operate; Based on best available information.
 
Anil Nutrients Limited Long Term 73.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
ANIL TRADING INDIA PRIVATE LIMITED Long Term 20.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 6.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AnilKumar And Company Short Term 0.05 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Long Term 21.72 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Anita International Long Term (Rs.5 Cr is the sub limit) BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 30.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anjali Enterprises Long Term Bank Loan 6 Crore Rating WithdrawnStable
Anjalitai Canes Pvt. Ltd. Long Term 155.60 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anjana Adorables Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
Anjana Retail Infra Pvt Ltd Long Term Bank Loan 106 Crore Rating Withdrawn 
Anjani Cotton Industries Long Term 18.77 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Anjani Developers Long Term 29.50 Crore Rating Withdrawn 
Anjani Spintex Pvt. Ltd. Long Term 78.00 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 5 Crore (Rs.11 Cr is the sub limit {FB}) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anjani Synthetics Ltd Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
Ankit Ispat Pvt.Ltd. Long Term Bank Loan 13 Crore Rating Withdrawn 
Short Term Bank Loan 3.50 Crore Rating Withdrawn 
Ankit Overseas Long Term Bank Loan 8 Crore Rating Suspended 
Ankit Tandon Enterprises & Tollways Pvt Ltd Long Term 3.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.25 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ankita Poultry Feeds Long Term 7.36 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ankur Roller Flour Mills Pvt. Ltd. Long Term Bank Loan 20 Crore Rating Withdrawn 
Short Term Bank Loan 24 Crore Rating Withdrawn 
Ankush Shikshan Sanstha Long Term 23.72 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Anlon Healthcare Pvt. Ltd. Long Term 27.36 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Rating Withdrawn 
Anmol Cold Storage Long Term 3.77 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anmol Steel Processors Pvt. Ltd.(Erstwhile: Anmol Steel & Infra Pvt Ltd) Long Term 30.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 75.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Anna Bhau Ajara Taluka Shetkari Sahakari Soot Girani Ltd., Ajara Long Term Bank Loan 20.30 Crore Rating Withdrawn 
Annakut Biscuits Pvt Ltd Long Term 5.33 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.20 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Annamalai Motors Pvt Ltd Long Term 10.92 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Annamalaiar Mills Pvt. Ltd. Long Term Bank Loan 7.95 Crore Rating WithdrawnStable
Short Term Bank Loan 3.00 Crore Rating Withdrawn 
Annapoorneshwari Construction Long Term 17.20 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 10.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Annapuran Cotton Impex Long Term Bank Loan 6 Crore Rating WithdrawnStable
Annapurna Cotex Pvt. Ltd. Long Term 14.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Annapurna Disposable Pvt. Ltd. Long Term 7.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Annapurna Pet Pvt Ltd Long Term 24.26 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 11.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Annapurna Udyog Long Term 19.50 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Annu Projects Pvt. Ltd. (erstwhile Annu Infra Construct India Pvt Ltd) Long Term 10.50 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 74.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Annur Annamalaiar Spinning Mills (P) Ltd. Long Term 10.34 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.19 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Annur Sri Sivasakthi Cotton Mills Pvt. Ltd. Long Term 5.61 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 0.61 Crore BWR D 
Ansal API Infrastructure Ltd Long Term 275.18 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ansal Buildwell Ltd Long Term 37.96 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ansal Hi-Tech Townships Ltd Long Term 140.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ansal Properties & Infrastructure Ltd Long Term Bank Loan 6.60 Crore Rating Withdrawn 
Long Term Bank Loan 200 Crore BWR B
(Not Reviewed)
Negative
Long Term Bank Loan 200 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ansal Properties & Infrastructure Ltd (APIL) Sushant Square Project Long Term Bank Loan 20 Crore Rating Withdrawn 
Ansal Properties and Infrastructure Limited (APIL) – Serene Residency ETA II Project. Long Term 140.62 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Ansh Cotex Long Term 8.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anshul Steels Limited Long Term 37.52 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Antarctic Industries Ltd Long Term Bank Loan 3.56 Crore Rating WithdrawnStable
Short Term Bank Loan 10.00 Crore Rating Withdrawn 
Antharagange Power Pvt. Ltd. Long Term 9.78 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Antila Ceramic Pvt Ltd Long Term 5.18 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.25 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anu Products Ltd. Long Term Bank Loan 50.00 Crore Rating WithdrawnStable
Short Term Bank Loan 16.00 Crore Rating Withdrawn 
Anubha Industries Pvt. Ltd. Long Term Bank Loan 154.85 Crore Rating WithdrawnStable
Short Term Bank Loan 3.55 Crore Rating Withdrawn 
Anubhuti Apples Pvt. Ltd. Long Term 23.97 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Anubhuti Cold Chains Pvt. Ltd. Long Term 6.83 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Anubhuti Logistics Pvt. Ltd. Long Term 5.81 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Anugraha Fashion Mill Pvt. Ltd. Long Term Bank Loan 14.96 Crore Rating WithdrawnStable
Short Term Bank Loan 25.00 Crore Rating Withdrawn 
Anuj Electricals Pvt Ltd Long Term 20.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anuj Global Corporation Long Term 2.25 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anumans Constructions Pvt. Ltd. Long Term 1.85 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anunay Fab Ltd. Long Term Bank Loan 66 Crore Rating WithdrawnStable
Short Term Bank Loan 19.20 Crore Rating Withdrawn 
Anup Insulation Pvt. Ltd. Long Term 2.80 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anup Trade & Transport Pvt. Ltd. Long Term 6.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 12.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anupam Nirman Private Limited Long Term Bank Loan 24 Crore Rating WithdrawnStable
Short Term Bank Loan 82 Crore Rating Withdrawn 
Anupama Steel Limited Long Term 50.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 100.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anuradha Enterprises Long Term Bank Loan 4.90 Crore Rating Withdrawn 
Anurag Enterprises Long Term Bank Loan 13 Crore Rating WithdrawnStable
Short Term Bank Loan 117 Crore Rating Withdrawn 
Anusaya Auto Press Parts Pvt Ltd Long Term 3.32 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 20.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Anusaya Polyproducts Ind. Long Term 10.64 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anusri Cashewes Long Term 29.87 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Anvil Cables Pvt. Ltd. Long Term Bank Loan 21 Crore Rating Withdrawn 
Short Term Bank Loan 7 Crore Rating Withdrawn 
A-One Creations Long Term 10.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term (Rs.10 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aone Enclave Long Term 13.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
A-One Steel and Alloys Pvt. Ltd. Long Term Bank Loan 134.26 Crore Rating WithdrawnStable
Short Term Bank Loan 30.50 Crore Rating Withdrawn 
AP Associates Long Term Bank Loan 18.21 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aparna Carbons Pvt. Ltd. Short Term (Rs.2 Cr is the sub limit) Rating Withdrawn 
Long Term Bank Loan 25.00 Crore Rating WithdrawnStable
APC Drilling & Construction Pvt. Ltd. Long Term Bank Loan 12 Crore BWR BB -Stable
Short Term Bank Loan 13 Crore BWR A4 
Long Term 14.45 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 16.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
APC Drilling Pvt. Ltd. Long Term Bank Loan 5 Crore Rating Withdrawn 
Apeejay House Pvt. Ltd. Long Term 88.07 Crore BWR BBB +
Issuer did not Co-operate; Based on best available information.
Stable
Apeejay Industries Pvt. Ltd. Long Term Rating Withdrawn 
Apeejay Pvt. Ltd. Long Term 58.22 Crore BWR BBB +
Issuer did not Co-operate; Based on best available information.
Stable
Apeiron Renewable Energy Pvt. Ltd. Long Term Bank Loan 4.46 Crore Rating Withdrawn 
Apex Aluminium Extrusion Pvt. Ltd. Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
Apex Coco and Solar Energy Ltd (erstwhile Apex Clothing Company India Pvt. Ltd.) Long Term 171.21 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 30 Crore Rating Withdrawn 
Short Term Bank Loan 9.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Apex Construction Firm Long Term 1.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 7.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Apex Homes Pvt. Ltd. Long Term Rating Withdrawn 
Apex Infraventures Pvt. Ltd. Long Term Bank Loan 10 Crore Rating Withdrawn 
Apex International Long Term 7.05 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Apex Realty Long Term Bank Loan 8 Crore Rating Withdrawn 
Apex Structure Pvt Ltd Long Term Bank Loan 2.50 Crore Rating WithdrawnStable
Short Term Bank Loan 11.50 Crore Rating Withdrawn 
Apex Welcare Pvt. Ltd. Long Term 11.89 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Apex Welcare Trust Long Term Bank Loan 199.24 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
APGoyal Charitable Trust Long Term 53.81 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Apis India Ltd. Long Term 83.50 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 0.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aplab Limited Long Term 39.45 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 43.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Apollo Animal Medical Group Trust Long Term 8.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Apollo Computing Laboratories Pvt. Ltd. Long Term 26.20 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 29.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Apollo International Ltd. Long Term Bank Loan 58.23 Crore Rating WithdrawnStable
Short Term Bank Loan 127.55 Crore Rating Withdrawn 
Apollo Vikas Steels Pvt. Ltd. Long Term 8.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 42.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Apoorva Construction Co. Long Term 25.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 25.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Apoorva IT Solutions Pvt. Ltd. Long Term 6.29 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 7.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Long Term Bank Loan 5.50 Crore BWR BB +
(Not Reviewed)
Stable
Short Term Bank Loan 7 Crore BWR A4 +
(Not Reviewed)
 
Apoorva Trading Company Long Term 6.00 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
Apple Lifecare (I) Pvt Ltd Long Term 5.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Appu International Long Term 15.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
APR Ginn & Pressing Mills Long Term 5.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aprica Pharmaceuticals Pvt. Ltd. Long Term 20.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 0.40 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
APS Hydro Pvt Ltd. Long Term Bank Loan 9.00 Crore Rating WithdrawnStable
Short Term Bank Loan 6.00 Crore Rating Withdrawn 
Aqsa Polypack Pvt. Ltd Long Term Bank Loan 11.16 Crore Rating WithdrawnStable
Short Term Bank Loan 0.50 Crore Rating Withdrawn 
Aqua Designs India Pvt. Ltd. Long Term Bank Loan 27 Crore Rating Withdrawn 
Short Term Bank Loan 40 Crore Rating Withdrawn 
Aqua Food and Cold Long Term 6.35 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aqua Machineries Pvt. Ltd. Long Term 3.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 6.30 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aquatech Infra Projects Private Limited Long Term 1.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 9.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aquatech Solutions Private Limited Long Term 33.80 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 8.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aquawave Biotech Pvt. Ltd. Long Term 8.66 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AR Dairy Food Private Limited Long Term Bank Loan 26.72 Crore Rating WithdrawnStable
Short Term Bank Loan 0.20 Crore Rating Withdrawn 
AR Industries Long Term Bank Loan 9.70 Crore Rating Withdrawn 
AR Ispat Long Term Bank Loan 31.97 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
AR Poultry Prop. Mr. Rudrappa A Long Term 8.40 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
AR Rail Vikas Services Private Limited Long Term 1.10 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 13.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aradhya Wire Ropes Pvt. Ltd. Long Term 12.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arasu Jewels Long Term 7.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Araul Refrigeration Industries Private Limited Long Term 35.75 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Aravind Milk Foods Pvt Ltd Long Term 4.68 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aravinda Electricals Long Term 8.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 17.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arca Education Society Long Term Bank Loan 3.41 Crore Rating Withdrawn 
Archee Group Contracts Pvt. Ltd. Long Term 12.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 0 Crore BWR A4 
Archidply Industries Ltd. Long Term Bank Loan 77.40 Crore Rating WithdrawnStable
Short Term Bank Loan 4.50 Crore Rating Withdrawn 
Archit Organosys Limited Long Term Bank Loan 29.87 Crore Rating WithdrawnNegative
Short Term Bank Loan 4.75 Crore Rating Withdrawn 
ARCHIT PLYWOOD PRIVATE LIMITED Long Term 4.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Archon Engicon Limited Long Term 180.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 243.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arco Steel Private Limited Long Term 24.59 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 22.50 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arcon Projects Pvt Ltd Long Term 17.70 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 13.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ardeshir B. Cursetjee & Sons Long Term 27.00 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arete Securities Ltd. (erstwhile SPA Securities Ltd.) Long Term Bank Loan 51 Crore Rating Withdrawn 
Short Term Bank Loan 6 Crore Rating Withdrawn 
Arfin India Ltd. Long Term Bank Loan 37.50 Crore Rating WithdrawnStable
Short Term (Rs.2 Cr is the sub-limit) Rating Withdrawn 
ARG Infra Developers Pvt Ltd Long Term Bank Loan 60 Crore Rating Withdrawn 
Arham Alloy & Steel Pvt. Ltd. Long Term Bank Loan 11.00 Crore Rating WithdrawnStable
Arham Colloids Long Term Bank Loan 12.28 Crore Rating Withdrawn 
Short Term Bank Loan 0.25 Crore Rating Withdrawn 
Arham Petrochem Pvt. Ltd. Long Term 17.51 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 16.42 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ariando Infra Machines India Pvt Ltd Long Term 5.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 10.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aricon Papers Pvt. Ltd. Long Term Bank Loan 14.06 Crore Rating WithdrawnStable
Aries Agro Ltd. Long Term Bank Loan 136.16 Crore Rating WithdrawnStable
Short Term Bank Loan 27.20 Crore Rating Withdrawn 
Aries Corporate Services Pvt. Ltd. Long Term 6.25 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arihant Associates Long Term Bank Loan 41.93 Crore Rating WithdrawnStable
Arihant Corporation Long Term 20.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Arihant Impex Long Term 5.00 Crore Rating WithdrawnStable
Arihant Prakashan Long Term 30.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Long Term Bank Loan 30 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Arihant Publications India Ltd. Long Term Bank Loan 42.86 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Long Term 42.86 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Arihant Pumps Pvt. Ltd. Long Term 5.65 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Arihant Retails Pvt. Ltd. Long Term 9.50 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arihant Syncotex Mills Pvt Ltd Long Term 40.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Arihant Wheels and Cycles Pvt. Ltd. Long Term Bank Loan 8.90 Crore Rating Withdrawn 
Arise Automotives Pvt Ltd. Long Term 33.31 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Arise India Ltd. Long Term Bank Loan 500 Crore Rating Withdrawn 
Short Term Bank Loan 10 Crore Rating Withdrawn 
Aristo Steel Pvt. Ltd. Long Term 9.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Aristocraft International Private Limited Long Term 5.80 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 12.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aristocraft Papers Pvt Ltd Long Term 8.66 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term (Rs. 1 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arjun Alloys Long Term 16.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.92 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arjun Chemicals Private Limited Long Term 35.42 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 16.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arjun KKR Developers Limited Long Term 30.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arjun Ply and Veneers Pvt. Ltd. Long Term Bank Loan 12 Crore Rating Withdrawn 
Short Term Bank Loan 15 Crore Rating Withdrawn 
ARK Builders Long Term 10.00 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 10.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arka Educational & Cultural Trust Long Term Bank Loan 43.31 Crore Rating Withdrawn 
Arka Eduserve Pvt Ltd Long Term Bank Loan 37.57 Crore Rating Withdrawn 
Arkavathi Ventures Long Term 12.20 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
ARM Infra Projects Pvt. Ltd. Long Term 5.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 9.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Armania Agro Industries Long Term 7.86 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Armano Vitrified LLP Long Term 31.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Armin Industries Long Term Bank Loan 14.16 Crore Rating WithdrawnStable
Armstrong India Constructions Long Term 7.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 30.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Armstrong Knitting Mills Long Term 4.04 Crore Rating WithdrawnStable
Short Term 63.75 Crore Rating Withdrawn 
Arnab Poultry Farm (P) Ltd. Long Term Bank Loan 5.89 Crore Rating Withdrawn 
Arnav Renewable Energy Pvt. Ltd. Long Term Rating Withdrawn 
Arneja Carriers Pvt Ltd Long Term 7.11 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arnold Holdings Ltd. Long Term Bank Loan 100 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Arochem Industries Private Limited Long Term 27.08 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Arogyam Educational Trust Long Term Bank Loan 0.00 Crore Rating Withdrawn 
Arohul Foods Pvt. Ltd. Long Term Bank Loan 9.06 Crore Rating Withdrawn 
Aroma Agrotech Pvt. Ltd. Long Term Bank Loan 10.00 Crore Rating WithdrawnStable
Short Term Bank Loan 165.00 Crore Rating Withdrawn 
Arora Aromatics Pvt. Ltd. Long Term 128.00 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Long Term Bank Loan 1 Crore BWR BB +
(Not Reviewed)
Stable
Short Term (Rs.7.50 Cr is the sub limit) BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Arora Construction Co. Pvt. Ltd. Long Term Bank Loan 17.50 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Arora Industries Long Term Bank Loan 36.69 Crore Rating WithdrawnStable
Short Term Bank Loan 3.45 Crore Rating Withdrawn 
Arora Knit Fab Pvt. Ltd. Long Term Bank Loan 28.50 Crore Rating Withdrawn 
Short Term (Rs.2 Cr is the sub limit) Rating Withdrawn 
Arora Udyog Ltd. Long Term 49.83 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Arraycom (India) Ltd. Long Term Bank Loan 7 Crore Rating Withdrawn 
Short Term Bank Loan 18 Crore Rating Withdrawn 
Arrow Constructions Ltd Long Term 9.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 32.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arrow Powertech Pvt. Ltd. Long Term 2.50 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 6.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
ARS Agro Business Pvt Ltd. Long Term 9.07 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Artex Textiles Pvt. Ltd Long Term 10.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Artha Infratech Pvt. Ltd. Long Term 40.00 Crore BWR BB +Stable
Arthanari Loom Centre (Textile) Pvt Ltd Long Term 197.72 Crore BWR BB +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term (Rs.35 Cr is the sub limit) BWR A4 +
Issuer did not Co-operate; Based on best available information.
 
Arthimpact Digital Loans Pvt. Ltd. Long Term Bank Loan 8 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Arti Roller Flour Industries Private Ltd. Long Term 5.95 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.15 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Artilla Hotels Pvt Ltd Long Term Bank Loan 7.48 Crore BWR B
(Not Reviewed)
Stable
Long Term 7.45 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Arul Financiers Pvt. Ltd. Long Term Bank Loan 10 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Arun Agriculture Long Term 2.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arun Agro Combine Long Term 2.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 3.75 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arun Construction(Formerly known as Arun Kumar Contractor) Long Term 7.00 Crore BWR BB -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 27.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arun Engineering Projects Pvt Ltd Long Term 2.50 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 12.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arun Excello Constructions LLP Long Term Bank Loan 108.15 Crore Rating WithdrawnStable
Short Term Bank Loan 27.00 Crore Rating Withdrawn 
Arun Shankar Textile Long Term 10.61 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arun Spinning Mills Pvt. Ltd. Long Term 16.08 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 5.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arun Steel Agencies Long Term 19.50 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Arun Trade Combines Long Term 2.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 6.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arun Vyapar Udyog Pvt. Ltd. Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
Aruna Textile Processing Mills Long Term 16.77 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 1.23 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arunachal Timber Traders Pvt. Ltd. Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
Arunachala Trading Company Long Term 2.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arundwati Hotels and Resorts Pvt. Ltd. Long Term 20.44 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Arunima Constructions Long Term Bank Loan 1.50 Crore Rating Withdrawn 
Short Term Bank Loan 4.50 Crore Rating Withdrawn 
Arunnachala Impex Pvt. Ltd. Long Term Bank Loan 80.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 5.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aruppukottai Sri Jayavilas Pvt. Ltd. (erstwhile Aruppukottai Sri Jayavilas limited) Long Term 81.59 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 11.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Arvind Goodhill Suit Manufacturing Pvt. Ltd. Long Term Bank Loan 26.25 Crore Rating WithdrawnStable
Short Term Bank Loan 5 Crore Rating Withdrawn 
Arvind Motors Pvt. Ltd. Long Term 23.47 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Arya Sea Foods Pvt Ltd Short Term Bank Loan 44.00 Crore Rating Withdrawn 
Arya Steel Rolling India Ltd Long Term 18.00 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 6.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aryabhatta Academic Society Long Term 5.16 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
 
Aryann Chemical Trading Pvt. Ltd. Long Term 25.00 Crore BWR BB
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 45.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aryas Grains Pvt. Ltd. Long Term 4.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 4.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Aryavrat Project and Developers Pvt. Ltd. Long Term Bank Loan 9.00 Crore Rating WithdrawnStable
Short Term Bank Loan 9.65 Crore Rating Withdrawn 
Aryavrat Tollways Pvt. Ltd. Long Term Bank Loan 67.99 Crore BWR BStable
Long Term 71.93 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
AS Jute Products Pvt. Ltd. Long Term 20.11 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 0.16 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
AS Rice Industries Long Term 5.91 Crore BWR C -
Issuer did not Co-operate; Based on best available information.
 
AS Rice Mills LLP Long Term 19.45 Crore BWR B -
Issuer did not Co-operate; Based on best available information.
Stable
ASA Agrotech Pvt. Ltd. Long Term (Rs.2 Cr is the sub limit) BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term Bank Loan 12.50 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Asahi Infrastructure & Projects Ltd. Long Term 15.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Short Term 7.00 Crore BWR D
Issuer did not Co-operate; Based on best available information.
 
Long Term Bank Loan 15 Crore Rating Withdrawn 
Asan Memorial Association Long Term 28.50 Crore BWR B
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 2.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Asandas and Sons Pvt. Ltd. (erstwhile Asandas & Sons) Long Term Bank Loan 44.50 Crore Rating WithdrawnStable
Short Term Bank Loan 3.00 Crore Rating Withdrawn 
Asansol Polyfabs Pvt. Ltd. Long Term Bank Loan 5.50 Crore Rating WithdrawnStable
Short Term Bank Loan 0.30 Crore Rating Withdrawn 
Asarfi Hospital Limited Long Term Bank Loan 5.66 Crore Rating WithdrawnStable
Short Term Bank Loan 0.90 Crore Rating Withdrawn 
ASC Builders Pvt. Ltd. Long Term 7.50 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 10.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
ASC Power Pvt. Ltd. Long Term 10.70 Crore BWR C +
Issuer did not Co-operate; Based on best available information.
 
Short Term Bank Loan 1.80 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ascan Plyboard (India) Pvt. Ltd (erstwhile Prakash Ply Exim Pvt. Ltd.) Long Term 15.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 9.00 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Asclepius Hospitals and Health Care Pvt. Ltd. Long Term 80.75 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term (Rs.14 Cr is the sub limit) BWR A4
Issuer did not Co-operate; Based on best available information.
 
ASG Developers Pvt. Ltd. Long Term 6.15 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Asha Cotton Industries Long Term 7.95 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Asharfi Gramodyog Sansthan Chharra (Allgarh) Long Term 1.00 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Ashiana Ispat Limited Long Term 63.84 Crore BWR BBB -Stable
Short Term 5.00 Crore BWR A3 
Long Term Bank Loan 29 Crore Rating Withdrawn 
Short Term Bank Loan 9.35 Crore Rating Withdrawn 
Ashiana Manufacturing India Ltd. Long Term 26.74 Crore BWR B +
Issuer did not Co-operate; Based on best available information.
Stable
Short Term 0.01 Crore BWR A4
Issuer did not Co-operate; Based on best available information.
 
Ashika Commercial Pvt. Ltd. Long Term Rating Withdrawn 
Short Term Rating Withdrawn 
Ashirwad Industries Long Term 9.75 Crore BWR C
Issuer did not Co-operate; Based on best available information.
 
Short Term 2.50 Crore