Annexure III-c
Sr. No. Name of the Issuer Rating prior to Revision Rating post Revision
1 Abdos Oils Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
2 Abhilasha Jewellers Private Limited CRISIL BBB (INC) CRISIL BB+
3 ABS Electroplaters (India) Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
4 Agrawal Infrabuild Private Limited CRISIL BBB/CRISIL A2 CRISIL BB+/CRISIL A4+ (INC)
5 Airtrax Polymers Private Limited CRISIL BBB- CRISIL BB+ (INC)
6 Akash Infra Projects Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+
7 Al Sumama Agro Foods Private Limited CRISIL BBB- CRISIL BB+
8 Alakh Advertising and Publicity Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 9 Alert India Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 10 Allena Auto Industries Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 11 Alligator Designs Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 12 Amar Roller Flour Mills - Jammu CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 13 Ankur Roller Flour Mills Private Limited CRISIL BBB+/CRISIL A2 CRISIL BB+/CRISIL A4+ (INC)
14 Apotex Pharmachem India Private Limited CRISIL BBB+ CRISIL C
15 Arihant Educational Society CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
16 Arin Tea Private Limited CRISIL BBB- CRISIL BB+ (INC)
17 Aruna Alloy Steels Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
18 Arunachala Gounder Textile Mills Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
19 Arya Tankers Private Limited CRISIL BBB- CRISIL BB+
20 Arya Voyagers Private Limited CRISIL BBB- CRISIL BB+
21 Asbesco India Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 22 Ashish Life Science Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
23 Baba Farid Vidyak Society CRISIL BBB CRISIL BB+ (INC)
24 Balaji Enterprises (Pondy) Private Limited CRISIL BBB- CRISIL BB+ (INC)
25 Barbrik Project Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
26 Beekay Auto Private Limited CRISIL BBB CRISIL BB+ (INC)
27 Beekaylon Synthetics Private Limited CRISIL BBB+/CRISIL A2 CRISIL BB+/CRISIL A4+ (INC)
28 Belij Hydro Power Private Limited CRISIL BBB- CRISIL BB (INC)
29 Bhansali & Co. CRISIL BBB CRISIL BB+ (INC)
30 Bhumi Yarn Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
31 Bilaspur Mining Industries Private Limited CRISIL BBB CRISIL BB+ (INC)
32 Brindco Enterprises Private Limited CRISIL BBB- CRISIL BB+
33 British Biologicals CRISIL BBB- CRISIL BB+ (INC)
34 Cleantec Infra Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
35 Clover Solar Private Limited CRISIL BBB CRISIL BB+ (INC)
36 Compact Lamps Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
37 Creative Propack Limited CRISIL BBB+ CRISIL BB+ (INC)
38 Crystal Quinone Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
39 D.R. Distributors Private Limited CRISIL BBB- CRISIL BB+ (INC)
40 DEN FK Cable TV Network Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 41 Dev Priya Industries Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 42 East India Commercial Co Limited CRISIL BBB/CRISIL A3+ CRISIL BB/CRISIL A4+ (INC)
43 Egwood Industries Private Limited CRISIL BBB- CRISIL BB+ (INC)
44 Eleganz Interiors Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
45 Elnova Pharma CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
46 E-Meditek Insurance TPA Limited CRISIL BBB-/CRISIL A3 CRISIL BB/CRISIL A4+
47 Emmbros AutoComp Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
48 Fastway Transmissions Private Limited CRISIL BBB CRISIL BB+ (INC)
49 Fedders Electric And Engineering Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
50 Fireworks Productions CRISIL BBB- CRISIL BB+
51 G. R. Engineering Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB/CRISIL A4+
52 Gimpex Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
53 Girias Investment Private Limited CRISIL BBB+ CRISIL BB+ (INC)
54 Golden Falcon Industries Limited CRISIL BBB CRISIL BB+ (INC)
55 Goldseal-Saargummi India Private Limited CRISIL BBB- CRISIL BB+ (INC)
56 Gopal Sponge and Power Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
57 Gopalan Enterprises CRISIL BBB+ CRISIL BB+ (INC)
58 Gopalan Enterprises India Private Limited CRISIL BBB+ CRISIL BB+ (INC)
59 Goyal MG Gases Private Limited CRISIL BBB CRISIL BB+ (INC)
60
GVR Khandaphod Bijwad Road Project Private
Limited CRISIL BBB- CRISIL B+
61 Haveli Ram Bansi Lal CRISIL BBB- CRISIL BB+ (INC)
62 Hindustan Textiles CRISIL BBB- CRISIL BB+ (INC)
63 Hitech Grain Processing Private Limited CRISIL BBB+/CRISIL A2 CRISIL BB+/CRISIL A4+ (INC) 64 Hy-Gro Chemicals Pharmtek Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 65 IAP Company Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
66 INARCO Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
67 Inderjit Mehta Constructions Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) Annexure III - Movement of each credit rating from investment grade to non investment grade during the last six months - October
2017 to March 2018 - Non Securitized Instrument Ratings
Sr. No. Name of the Issuer Rating prior to Revision Rating post Revision 68 Indian Valve Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
69 Indianocean Shipping Private Limited CRISIL BBB- CRISIL BB+
70 Indo-American Hybrid Seeds India Private Limited CRISIL BBB- CRISIL BB+ (INC) 71 Indomobil Sales And Services Private Limited CRISIL BBB- CRISIL BB+ (INC) 72 IND-Sphinx Precision Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
73 Integral Education Society CRISIL BBB+ CRISIL BB+ (INC)
74 Integrated Enterprises India Private Limited CRISIL BBB/CRISIL A2 CRISIL BB+/CRISIL A4+ (INC)
75 Intercraft Trading Private Limited CRISIL BBB- CRISIL BB- (INC)
76 International Stones India Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB/CRISIL A4+ (INC) 77 J K Sons Engineers Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 78 Jama Corporation Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 79 JayantiSuper Construction Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
80 Jeyachandran Industries Private Limited CRISIL BBB CRISIL BB+ (INC)
81 JSL Industries Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
82 Jyoti Apparels CRISIL A3 CRISIL A4+
83 K L Steels Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 84 Kallam Agro Products And Oils Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+
85 Kanchan India Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
86 Kay Bee Industrial Alloys Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
87 KLSR Infratech Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
88 Kumar Printers Private Limited CRISIL BBB- CRISIL BB+ (INC)
89 Leo Fasteners CRISIL BBB+ CRISIL BB+ (INC)
90 Lexi Private Limited CRISIL BBB+/CRISIL A2 CRISIL BB+/CRISIL A4+ (INC)
91 Lindsay International Private Limited CRISIL A3 CRISIL A4+ (INC)
92 Lineage Power Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
93 Lovely Autos CRISIL BBB+ CRISIL BB+ (INC)
94 Lovincare Cosmetics Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 95 Madhya Bharat Phosphate Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
96 Magsons Exports. CRISIL A3 CRISIL A4+
97 Midas Care Pharmaceuticals Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
98 MKC Infrastructure Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
99 MKU Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
100 Mohan Brothers (Drinks) Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
101 Mohan Fabtex Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
102 Musaddilal Projects Limited CRISIL BBB- CRISIL BB+ (INC)
103 N B Construction Company CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
104 NAC Jewellers Private Limited CRISIL BBB- CRISIL BB+
105 Narola Gems CRISIL BBB- CRISIL BB+ (INC)
106 Nataraj Mobiles Private Limited CRISIL BBB CRISIL BB+ (INC)
107 Nutri Feeds and Farms Private Limited CRISIL BBB- CRISIL BB+ (INC)
108 Oriclean Private Limited CRISIL BBB- CRISIL BB+ (INC)
109 Orissa State Seeds Corporation Limited CRISIL BBB- CRISIL BB+ (INC)
110 P.D.Agrawal Infrastructure Limited CRISIL BBB+/CRISIL A2 CRISIL BB+/CRISIL A4+ (INC) 111 P.S.K.Engineering Construction and Co. CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 112 Pace Power Systems Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 113 Pace Renewable Energies Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
114 Paranjape Schemes (Construction) Limited CRISIL BBB+ CRISIL BB+ (INC)
115 Partap Fabrics Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 116 Parveen Industries Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 117 Patel Hospital Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 118 Perfect Infracorp Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 119 Phil Ispat Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 120 Pilot Industries Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 121 Piyanshu Chemicals Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
122 Pradeep Metals Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+
123 Prakash Gold Palace Private Limited CRISIL BBB (INC) CRISIL BB+
124 Prima Telecom Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
125
Process Construction & Technical Services Private
Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
126 Quebec Petroleum Resources Limited CRISIL BBB- CRISIL BB+ (INC)
127 R. Kantilal and Company CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
128 Radiant Manufacturers Private Limited CRISIL BBB- CRISIL BB+
129 Ralas Motors CRISIL BBB- CRISIL BB+ (INC)
130
Ramawtar Agrawal Road constructions Private
Limited CRISIL BBB CRISIL BB+ (INC)
131 Regen Powertech Private Limited CRISIL BBB/CRISIL A3+ CRISIL D/CRISIL D 132 Right Tight Fastners Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
133 Rishita Developers Private Limited CRISIL BBB- CRISIL BB+
134 RnP Marketing & Cargo Private Limited CRISIL BBB- CRISIL BB (INC)
Sr. No. Name of the Issuer Rating prior to Revision Rating post Revision 135 Rochem Separation Systems India Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 136 S P P Food Products Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
137 S.P.Mani and Mohan Dairy CRISIL BBB- CRISIL BB+ (INC)
138 Sai Smaran Foods Limited CRISIL BBB- CRISIL BB+ (INC)
139 Sandhya Organic Chemicals Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
140 Sara Sae Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
141 Sarthak Ispat Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
142 Scintillating Jewellery CRISIL BBB- CRISIL BB+
143 Serene Senior Living Private Limited CRISIL BBB- CRISIL BB (INC)
144 Shree Niwas Textiles Private Limited CRISIL BBB- CRISIL BB+ (INC)
145 Shreedhar Milk Foods Limited CRISIL BBB CRISIL D (INC)
146
Shri Jagannath Prasad Ganeshi Lal Bajaj
Charitable Trust Samiti CRISIL BBB+ CRISIL BB+ (INC)
147 Shri Ram Murti Smarak Trust CRISIL BBB+ CRISIL BB+ (INC)
148 Shrinivas (Gujarat) Laboratories Private Limited CRISIL BBB- CRISIL BB+ (INC)
149 Shyam Chemicals Private Limited CRISIL BBB- CRISIL BB+ (INC)
150 Signet Industries Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 151 SKG Refractories Limited CRISIL BBB-/CRISIL A3 (INC) CRISIL BB+/CRISIL A4+
152 SN Enviro - Tech Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+
153 Sri Bajrang Jute Mills Limited CRISIL BBB/CRISIL A3+ CRISIL BB/CRISIL A4+ (INC) 154 Sri Sailakshmi Constructions & Co CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
155 Sri Srinivasa Constructions India Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 156 Srivalli Shipping and Transport Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
157 SSG Infratech Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
158 Stanley Lifestyles Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
159 Stanley Retail Limited CRISIL BBB CRISIL BB+ (INC)
160 Starcon Infra Projects India Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
161 Sterling Publishers Private Limited CRISIL BBB- CRISIL BB+
162 STS Products Inc. CRISIL BBB- CRISIL BB+
163 Subhash Infraengineers Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 164 Sunraja Oil Industries Private Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
165 Super Diamond Enterprises CRISIL BBB- CRISIL BB+
166
Supreme Offshore Constructions and Technical
Services Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
167 Suryalata Spinning Mills Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
168 Suyog Telematics Limited CRISIL BBB-/CRISIL A3 CRISIL D/CRISIL D
169 Syndicate Wiper Systems Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 170 Techno Tarp and Polymers Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB/CRISIL A4+ (INC)
171 The Kalgidhar Society CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
172 The Kalgidhar Trust CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC)
173 The Republic Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 174 Topline Infra Projects Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 175 Trident Infosol Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 176 Tulip Granites Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
177 United Global Corporation Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 178 United Infra Minerals Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC) 179 Vadilal Industries Limited CRISIL BBB-/ CRISIL A3 CRISIL BB+/ CRISIL A4+ (INC)
180 Vansh Education Charitable Trust CRISIL BBB- CRISIL BB+ (INC)
181 Varnada Industries Private Limited CRISIL BBB- CRISIL BB+
182 Vectus Industries Limited CRISIL BBB/CRISIL A3+ CRISIL BB+/CRISIL A4+ (INC) 183 Veejay Lakshmi Engineering Works Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+
184 Vel Trust 1997 CRISIL BBB CRISIL BB+
185 Versatile Polytech Private Limited CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
186 Vipul Motors Private Limited CRISIL BBB- CRISIL BB+ (INC)
187 Vishnu Saran and Co. CRISIL BBB-/CRISIL A3 CRISIL BB+/CRISIL A4+ (INC)
188 VVD and Sons Private Limited CRISIL BBB+ CRISIL BB+ (INC)
189 Wisdom Social Welfare Trust CRISIL BBB- CRISIL BB+ (INC)
Note: (INC) ‘Issuer Not cooperating’
