Jan 6 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of January 3, 2020.
COMPANY INSTRUMENT RATING AMOUNT MOVEMENT
(RS.MLN)
------ ---------- ------ ----- ---------
SHORT TERM RATINGS:
-------------------
ASC Infratech Pvt Ltd BG CRISIL A4+ 122.5 Assigned
Automotive Stampings and Assemblies Ltd LOC & BG CRISIL A3 21.3 Downgraded
from CRISIL
A3+
Bothra Shipping Services Pvt Ltd BG CRISIL A1 300 Reaffirmed
Chinar Forge Ltd LT Loan CRISIL D 122 Downgraded
from CRISIL
A4+/Stable
(Issuer Not Cooperating)
Classy Tiles LLP BG CRISIL A4+ 36.5 Assigned
Dharamraj Contracts India Pvt Ltd BG CRISIL D 340 Downgraded
from
CRISIL A4+
(Issuer Not Cooperating)
D. E. C. Infrastructure and Projects BG CRISIL A1 1200 Reaffirmed
India Pvt Ltd
D. E. C. Infrastructure and Projects LOC CRISIL A1 500 Reaffirmed
India Pvt Ltd
DCS International Trading Co. - Delhi Pre Shipment CreditCRISIL A4+ 120 Assigned
Dharam Stainless Steel Pvt Ltd BG CRISIL A4+ 3 Assigned
Dharam Stainless Steel Pvt Ltd Inland/Import LOC CRISIL A4+ 5 Assigned
Dharam Stainless Steel Pvt Ltd Packing Credit CRISIL A4+ 35 Assigned
Evergreen Publications (India) Ltd BG CRISIL A3 30 Reaffirmed
Gupta Power Infrastructure Ltd Proposed NFBL CRISIL A2+ 1000 Reaffirmed
IM Gears Pvt Ltd BG CRISIL A2+ 10 Reaffirmed
IM Gears Pvt Ltd Foreign Exchange CRISIL A2+ 17.7 Reaffirmed
Forward
IM Gears Pvt Ltd LOC CRISIL A2+ 40 Reaffirmed
IM Gears Pvt Ltd Overdraft CRISIL A2+ 5.3 Reaffirmed
Jai Prakash and Sons BG CRISIL A4+ 159.5 Reaffirmed
Jai Prakash and Sons Overdraft CRISIL A4+ 15 Reaffirmed
Jijau Constructions Road Builder Pvt LtdBG CRISIL A3 60 Reaffirmed
Jijau Constructions Road Builder Pvt LtdOverdraft CRISIL A3 47.5 Reaffirmed
Medi Pharma Drug House LOC CRISIL A4+ 375 Reaffirmed
Nova Publications BG CRISIL A3 70 Reaffirmed
Nova Publications and Printers Pvt Ltd BG CRISIL A3 5 Reaffirmed
Roop Telsonic Ultrasonix Ltd BG CRISIL A4+ 20 Reaffirmed
Sarat Chatterjee & Co. (Visakhapatnam) BG CRISIL A1 790 Reaffirmed
Pvt Ltd
Shital Fibers Ltd LOC CRISIL D 390 Downgraded
from CRISIL
A4+
Shivshakti Construction Co. BG CRISIL A4+ 150 Reaffirmed
Shivshakti Construction Co. Overdraft CRISIL A4+ 79.4 Reaffirmed
Sri Devaraaja Agro Industries LOC CRISIL A4+ 30 Migrated from
CRISIL A4
(Issuer Not Cooperating)
Ved Parkash and Sons BG CRISIL A3 10 Reaffirmed
Versabyte Data Systems Pvt Ltd BG CRISIL A4+ 58.3 Migrated from
CRISIL A4+
(Issuer Not Cooperating)
Viltans Polyplast LOC CRISIL A4 30
(Issuer Not Cooperating)/Revised from CRISIL A4 to CRISIL D and Simultaneously Revised to CRISIL
A4
Vinpack India Pvt Ltd Overdraft CRISIL A4 27.5 Assigned
LONG TERM RATINGS:
-------------------
Archee Group Contracts Pvt Ltd CC CRISIL 180 Reaffirmed
BB+/Stable
ASC Infratech Pvt Ltd TL CRISIL 20 Assigned
BB+/Stable
ASC Infratech Pvt Ltd CC CRISIL 17.5 Assigned
BB+/Stable
Automotive Stampings and Assemblies Ltd LT Loan CRISIL 115.7 Downgraded
BBB-/Stable from CRISIL
BBB/Negative
Automotive Stampings and Assemblies Ltd Proposed LT Bk CRISIL 74 Downgraded
Loan Fac BBB-/Stable from CRISIL
BBB/Negative
Automotive Stampings and Assemblies Ltd WC Demand Loan CRISIL 379 Downgraded
BBB-/Stable from CRISIL
BBB/Negative
Automotive Stampings and Assemblies Ltd CC# CRISIL 240 Downgraded
BBB-/Stable from CRISIL
BBB/Negative
#Interchangeable with bank guarantee and letter of credit up to Rs 5 crore; and with working
capital demand loan, short-term loan, letter of credit, bank guarantee, and export credit up to
Rs 9 crore
Bothra Shipping Services Pvt Ltd CC CRISIL A/Stable350 Reaffirmed
Bothra Shipping Services Pvt Ltd Proposed LT Bk CRISIL A/Stable66.2 Reaffirmed
Loan Fac
Bothra Shipping Services Pvt Ltd TL CRISIL A/Stable903.8 Reaffirmed
Chinar Forge Ltd CC CRISIL D 240 Downgraded
from CRISIL
BB+/Stable
(Issuer Not Cooperating)
Chinar Forge Ltd Non-FBL CRISIL D 78 -
(Issuer Not Cooperating)
Classy Tiles LLP TL CRISIL 143.5 Assigned
BB/Stable
Classy Tiles LLP CC CRISIL 80 Assigned
BB/Stable
D. E. C. Infrastructure and Projects CC CRISIL A/Stable240 Reaffirmed
India Pvt Ltd
D. E. C. Infrastructure and Projects Proposed LT Bk CRISIL A/Stable1810 Reaffirmed
India Pvt Ltd Loan Fac
DCS International Trading Co. - Delhi Proposed LT Bk CRISIL BB 80 Assigned
Loan Fac
Dharam Stainless Steel Pvt Ltd CC CRISIL 15 Assigned
BB-/Stable
Dharam Stainless Steel Pvt Ltd Foreign Bill CRISIL 25 Assigned
Purchase BB-/Stable
Dharam Stainless Steel Pvt Ltd Proposed LT Bk CRISIL 21.7 Assigned
Loan Fac BB-/Stable
Dharam Stainless Steel Pvt Ltd TL CRISIL 10.3 Assigned
BB-/Stable
Dharamraj Contracts India Pvt Ltd CC CRISIL D 160 Downgraded
from CRISIL
BB/Stable
(Issuer Not Cooperating)
Dharmana Motors CC CRISIL 58 Migrated from
BB/Stable CRISIL
B/Stable
(Issuer Not Cooperating)
Dr. Agarwals Eye Hospital Ltd CC CRISIL 60 Assigned
A-/Stable
Dr. Agarwals Eye Hospital Ltd Proposed LT Bk CRISIL 290 Assigned
Loan Fac A-/Stable
Dr. Agarwals Health Care Ltd TL CRISIL 200 Assigned
A-/Stable
Dr. Agarwals Health Care Ltd CC CRISIL 50 Assigned
A-/Stable
Dr. Agarwals Health Care Ltd Proposed LT Bk CRISIL 2000 Assigned
Loan Fac A-/Stable
Evergreen Publications (India) Ltd CC CRISIL 564 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Evergreen Publications (India) Ltd Proposed TL CRISIL 17.9 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Fresh Bowl Horticulture Pvt Ltd CC CRISIL 30 Upgraded from
BB-/Stable CRISIL
B+/Stable
Fresh Bowl Horticulture Pvt Ltd Proposed LT Bk CRISIL 22.8 Upgraded from
Loan Fac BB-/Stable CRISIL
B+/Stable
Fresh Bowl Horticulture Pvt Ltd TL CRISIL 127.2 Upgraded from
BB-/Stable CRISIL
B+/Stable
Go Fashion (India) Pvt Ltd CC CRISIL 200 Reaffirmed
BBB+/Positive
Outlook revised from Stable
Gupta Power Infrastructure Ltd FB Fac CRISIL 9900 Reaffirmed
A-/Stable
Gupta Power Infrastructure Ltd Non-FBL CRISIL 21800 Reaffirmed
A-/Stable
Gupta Power Infrastructure Ltd Proposed FB Bk CRISIL 1050 Reaffirmed
Limits A-/Stable
IM Gears Pvt Ltd CC CRISIL 204 Reaffirmed
A-/Stable
IM Gears Pvt Ltd Export Packing CRISIL 120 Reaffirmed
Credit A-/Stable
IM Gears Pvt Ltd LT Loan CRISIL 710 Reaffirmed
A-/Stable
IM Gears Pvt Ltd Standby Line of CRISIL 25 Reaffirmed
Credit A-/Stable
Indian Hair Industries Pvt Ltd WC Fac CRISIL 250 Reaffirmed
BBB/Stable
Ipsum Medicare Pvt Ltd Proposed LT Bk CRISIL D 30.5 Downgraded
Loan Fac from CRISIL
B/Stable
(Issuer Not Cooperating)
Ipsum Medicare Pvt Ltd TL CRISIL D 89.5 Downgraded
from CRISIL
B/Stable
(Issuer Not Cooperating)
Jai Prakash and Sons CC CRISIL 15.5 Downgraded
BB-/Stable from CRISIL
BB+/Stable
Jijau Constructions Road Builder Pvt LtdCC CRISIL 65 Reaffirmed
BBB-/Positive
Outlook revised from Stable
Jijau Constructions Road Builder Pvt LtdProposed BG CRISIL 547.5 Reaffirmed
BBB-/Positive
Outlook revised from Stable
KMC Plastochem CC CRISIL D 40 Downgraded
from CRISIL
BB-/Stable
(Issuer Not Cooperating)
KMC Plastochem Proposed LT Bk CRISIL D 65 Downgraded
Loan Fac from CRISIL
BB-/Stable
(Issuer Not Cooperating)
KMC Plastochem TL CRISIL D 45 Downgraded
from CRISIL
BB-/Stable
(Issuer Not Cooperating)
Medi Pharma Drug House CC CRISIL 525 Reaffirmed
BB+/Stable
Muthoot Homefin India Ltd CC CRISIL 250 Reaffirmed
AA/Stable
Muthoot Homefin India Ltd Proposed LT Bk CRISIL 550 Reaffirmed
Loan Fac AA/Stable
Muthoot Homefin India Ltd TL CRISIL 13700 Reaffirmed
AA/Stable
Muthoot Homefin India Ltd WC Demand Loan CRISIL 500 Reaffirmed
AA/Stable
Muthoot Homefin India Ltd NCD CRISIL Reaffirmed
AA/Stable
Nova Publications CC CRISIL 300 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Nova Publications Proposed LT Bk CRISIL 153 Reaffirmed
Loan Fac BBB-/Stable
Outlook revised from Negative
Nova Publications and Printers Pvt Ltd CC CRISIL 120 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Nova Publications and Printers Pvt Ltd Proposed CC Limit CRISIL 20 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Nova Publications and Printers Pvt Ltd Proposed LT Bk CRISIL 16.5 Reaffirmed
Loan Fac BBB-/Stable
Outlook revised from Negative
Nova Publications and Printers Pvt Ltd Standby LOC CRISIL 30 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Nova Publications and Printers Pvt Ltd TL CRISIL 108.5 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Panchshil Infrastructure Holdings Pvt Overdraft CRISIL 750 Reaffirmed
Ltd BBB/Stable
Panchshil Infrastructure Holdings Pvt Project Loan CRISIL 6100 Reaffirmed
Ltd BBB/Stable
Panchshil Infrastructure Holdings Pvt Proposed LT Bk CRISIL 500 Reaffirmed
Ltd Loan Fac BBB/Stable
Panchshil Infrastructure Holdings Pvt WC Fac CRISIL 70 Reaffirmed
Ltd BBB/Stable
Polaris Liquor Pvt Ltd CC CRISIL 450 Reaffirmed
BB+/Stable and Withdrawn
Polaris Liquor Pvt Ltd Proposed CC Limit CRISIL 250 Reaffirmed
BB+/Stable and Withdrawn
RK Hair Products Pvt Ltd CC CRISIL 100 Reaffirmed
BBB+/Stable
Roop Telsonic Ultrasonix Ltd CC CRISIL 90 Reaffirmed
BB+/Stable
Sameera Agro Industries CC CRISIL 280 Reaffirmed
BB+/Stable
Sarat Chatterjee & Co. (Visakhapatnam) BG CRISIL A 310 Reaffirmed
Pvt Ltd
Sarat Chatterjee & Co. (Visakhapatnam) CC CRISIL A 600 Reaffirmed
Pvt Ltd
Sarat Chatterjee & Co. (Visakhapatnam) LT Loan CRISIL A 1665.3 Reaffirmed
Pvt Ltd
Sarat Chatterjee & Co. (Visakhapatnam) Proposed LT Bk CRISIL A 4.7 Reaffirmed
Pvt Ltd Loan Fac
Shital Fibers Ltd CC CRISIL D 800 Downgraded
from CRISIL
BB+/Stable
Shital Fibers Ltd Rupee TL CRISIL D 110 Downgraded
from CRISIL
BB+/Stable
Shivshakti Construction Co. LT Loan CRISIL BB 60.6 Reaffirmed
Shre Devaraja Agro Aseptic Industries CC CRISIL 75 Migrated from
BB+/Stable CRISIL
B+/Stable
(Issuer Not Cooperating)
Shre Devaraja Agro Aseptic Industries Export Packing CRISIL 150 Migrated from
Credit BB+/Stable CRISIL
B+/Stable
(Issuer Not Cooperating)
SMR Modern Rice and Oil Mill TL CRISIL 4.1 Assigned
BB-/Stable
SMR Modern Rice and Oil Mill Proposed LT Bk CRISIL 0.9 Assigned
Loan Fac BB-/Stable
SMR Modern Rice and Oil Mill CC CRISIL 20 Assigned
BB-/Stable
SMR Modern Rice and Oil Mill Key CC CRISIL 30 Assigned
BB-/Stable
Sohan Dyechem Pvt Ltd CC CRISIL 60 Assigned
BB/Stable
Sohan Dyechem Pvt Ltd Proposed LT Bk CRISIL 28.1 Assigned
Loan Fac BB/Stable
Sohan Dyechem Pvt Ltd TL CRISIL 11.9 Assigned
BB/Stable
Sri Devaraaja Agro Industries CC CRISIL 190 Migrated from
BB+/Stable CRISIL
B+/Stable
(Issuer Not Cooperating)
Sri Devaraaja Agro Industries LT Loan CRISIL 10 Migrated from
BB+/Stable CRISIL
B+/Stable
(Issuer Not Cooperating)
Sri Lakshmi Srinivasa Modern Rice Mill CC CRISIL 450 Reaffirmed
BB+/Stable
Sri Lakshmi Srinivasa Modern Rice Mill TL CRISIL 10 Reaffirmed
BB+/Stable
Sungracia Tiles Pvt Ltd BG CRISIL D 31 Downgraded
from CRISIL
B/Stable
(Issuer Not Cooperating)
Sungracia Tiles Pvt Ltd CC CRISIL D 150 Downgraded
from CRISIL
B/Stable
(Issuer Not Cooperating)
Sungracia Tiles Pvt Ltd Corporate Loan CRISIL D 60 Downgraded
from CRISIL
B/Stable
(Issuer Not Cooperating)
Sungracia Tiles Pvt Ltd LOC CRISIL D 20 Downgraded
from CRISIL
B/Stable
(Issuer Not Cooperating)
Sungracia Tiles Pvt Ltd Proposed LT Bk CRISIL D 2.4 Downgraded
Loan Fac from CRISIL
B/Stable
(Issuer Not Cooperating)
Sungracia Tiles Pvt Ltd TL CRISIL D 67.9 Downgraded
from CRISIL
B/Stable
(Issuer Not Cooperating)
Ved Parkash and Sons CC CRISIL 60 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Ved Parkash and Sons Proposed CC Limit CRISIL 10 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Ved Parkash and Sons Standby LOC CRISIL 20 Reaffirmed
BBB-/Stable
Outlook revised from Negative
Versabyte Data Systems Pvt Ltd CC CRISIL 55 Migrated from
BB+/Stable CRISIL
BB+/Stable
(Issuer Not Cooperating)
Versabyte Data Systems Pvt Ltd LT Loan CRISIL 81 Migrated from
BB+/Stable CRISIL
BB+/Stable
(Issuer Not Cooperating)
Versabyte Data Systems Pvt Ltd Proposed LT Bk CRISIL 5.7 Migrated from
Loan Fac BB+/Stable CRISIL
BB+/Stable
(Issuer Not Cooperating)
Viltans Polyplast CC CRISIL 45
B-/Stable
(Issuer Not Cooperating)/Revised from CRISIL B-/Stable to CRISIL D and Simultaneously Revised to
CRISIL B-/Stable
Vinpack India Pvt Ltd TL CRISIL 170 Downgraded
B+/Stable from CRISIL
BB/Stable
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected
CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.
BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.
(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at
rru.data@thomsonreuters.com)
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