PRESS RELEASE


PRESS RELEASE

  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   |

  View All


Date Entity Name Instrument Rating Outlook
06.11.2018 Aavanti Renewable Energy Private Limited Long Term Bank Facilities – Term Loan of Rs. 96.85 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs. 2.00 Cr.
IVR BBB-

IVR A3
Stable

-
02.11.2018 Kanak Instalments Ltd. Long Term Fund-Based Facility (Proposed) Rs. 5.00 Cr. IVR BB- Stable
30.10.2018 MEP Longjian VTR Pvt Ltd. Proposed Term Loan of Rs. 567.78 Cr.

Proposed Non-Fund based Limit:-Performance Bank Guarantee of Rs. 59.15 Cr.

Proposed Fund based Limits:-Overdraft of Rs. 20.00 Cr.
IVR BBB

IVR BBB


IVR BBB
Stable

Stable


Stable
26.10.2018 AP Securitas Private Limited Long Term Fund Based Facilities of Rs. 29.00 Cr.

Short Term Fund Based Facilities of Rs. 10.00 Cr.

Long Term Non-Fund Based Facilities of Rs. 6.00 Cr.
IVR BBB

IVR A3+

IVR BBB
Stable

-

Stable
24.10.2018 JPM Exports Private Limited Long Term Fund Based Limits of Rs. 50.00 Cr. (including proposed limits of Rs.5.00 crore) IVR D -
24.10.2018 Chandan Steel Limited Long Term Fund Based Limits of Rs. 7.00 Cr.

Long Term Debt - Term Loan of Rs. 57.10 Cr.

Short Term Fund Based Facilities of Rs. 147.40 Cr.

Short Term Non-Fund Based Facilities of Rs. 280.00 Cr.
IVR BBB+

IVR BBB+

IVR A2

IVR A2
Stable

Stable

-

-
24.10.2018 Mahadev Yarns Private Limited Long Term Bank Facilities – Term Loan of Rs. 4.14 Cr.

Long Term Bank Facilities– Cash Credit of Rs. 11.36 Cr. (including proposed limits of Rs.0.36 crore)

Short Term Bank Facilities– Bank Guarantee of Rs. 0.50 Cr.
IVR BB-

IVR BB-


IVR A4
Stable

Stable

-
22.10.2018 Simplex Infrastructures Limited Commercial Paper of Rs. 650.00 Cr.

Short Term Bank Facilities of Rs. 75.00 Cr.
IVR A1+

IVR A1
-

-
22.10.2018 Anindita Steels Limited Long Term Bank Facilities of Rs. 26.68 Cr.

Short Term Bank Facilities of Rs. 3.32 Cr.
IVR BBB-

IVR A3
Stable

-
22.10.2018 Alipore Institute of Management & Technology Long Term Bank Facilities – Term Loan of Rs. 130.00 Cr. IVR BBB- Stable
09.10.2018 Karuna Healthcare Pvt. Ltd. Non-Convertible Debentures (Present outstanding) of Rs. 160.00 Cr. IVR BBB+ (SO) Stable
08.10.2018 Worldwide Metals Private Ltd. Long term Bank Facilities of Rs. 96.00 Cr.

Short term Bank Facilities Rs. 4.00 Cr.
IVR D

IVR D
-

-
08.10.2018 Oyster Steel & Iron Private Ltd. Long/Short-term Bank Facilities of Rs. 140.0 Cr.

Short term Bank Facilitiesof Rs. 20.00 Cr.
IVR D

IVR D
-

-
08.10.2018 Olympus Metal Private Ltd. Long/Short-term Bank Facilities of Rs. 750.0 Cr.

Short term Bank Facilities of Rs. 10.00 Cr.
IVR D

IVR D
-

-
08.10.2018 Draken Metals Trading Private Ltd. Long/Short-term Bank Facilities of Rs. 150.00 Cr. IVR C/IVR A4 -
04.10.2018 Karnal Food Pack Cluster Limited Long Term Debt-Term Loan of Rs. 8.00 Cr. IVR BBB- Stable
04.10.2018 Agrawal Global Infratech Private Limited Long Term Bank Facilities – Cash Credit of Rs. 2.50 Cr.

Long Term Bank Facilities – Bank Guarantee of Rs. 18.50 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs.5.00 Cr.
IVR BBB-

IVR BBB-

IVR A3
Stable

Stable

-
28.09.2018 ACN Infotech (India) Private Limited Short Term Non-Fund Based Limits (Foreign Bank Guarantee) of Rs. 52.00 Cr. IVR A3 -
28.09.2018 Shri Ram Raja Sarkar Lok Kalyan Trust Fund Based Facilities- Term Loan of Rs. 2.59 Cr. IVR BB (Withdrawn) Stable
28.09.2018 Shri Ram Raja Sarkar Lok Kalyan Trust Fund Based Facilities- Overdraft of Rs. 2.0 Cr. (amount reduced from Rs.4.50 crore) IVR BB+ Stable
28.09.2018 Raichur Sholapur Transmission Company Private Limited Long Term Bank facilities of Rs. 240.00 Cr. IVR A-(SO) Stable
28.09.2018 Himachal Futuristic Communications Ltd. Outstanding Term Loan of Rs. 205.57 Cr.


Fund based facilities (CC) of Rs. 200.00 Cr.


Non fund based facilities of Rs.570.00 Cr.
IVR A- (Reaffirmed and Withdrawn)

IVR A- (Reaffirmed and Withdrawn)

IVR A2+ (Reaffirmed and Withdrawn)
Stable


Stable


-
28.09.2018 GMR Infrastructure Limited Term Loan of Rs. 672.70 Cr. IVR BBB- Stable
27.09.2018 Globus Spirits Ltd. Commercial Paper of Rs. 25.00 Cr. IVR A1 (Withdrawn) -
27.09.2018 Nextgen Printers Private Limited Long Term Bank Facilities – Term Loan of Rs. 21.46 Cr.

Long Term Bank Facilities – Term Loan of Rs.11.84 Cr.

Long Term Bank Facilities – Cash Credit of Rs.15.20 Cr. (including additional proposed limits of Rs.0.20 crore)

Short Term Bank Facilities – Bank Guarantee of Rs.6.50 Cr.

Short Term Bank Facilities – CEL of Rs.0.08 Cr.
IVR BBB-

IVR BBB-

IVR BBB-

IVR A3

IVR A3
Stable

Stable

Stable

-

-
26.09.2018 S. Pyarelal Ispat Private Limited Long Term Fund Based Limits of Rs. 14.00 Cr.

Long Term Debt - Term Loan of Rs.4.04 Cr.
IVR BBB-

IVR BBB-
Stable

Stable
26.09.2018 Westwell Iron & Steel Private Limited Long Term Bank Facilities – Cash Credit of Rs. 5.50 Cr.

Short Term Bank Facilities – Bank Guarantee of Rs.19.50 Cr. (including proposed of Rs.1.50 crore)
IVR BBB-

IVR A3
Stable

-
15.09.2018 Radius & Deserve Land Developers Private Limited Non-Convertible Debentures of Rs. 302.00 Cr. IVR B -
14.09.2018 Ashirvad Food ProductsPrivate Limited Long Term Bank Facilities of Rs. 20.64 Cr.

Short Term Bank Facilities of Rs. 7.36 Cr.
IVR BB-

IVR A4
Stable

-
11.09.2018 M/s Gemini Fashion Long Term Fund Based Limits of Rs. 6.00 Cr.

Working Capital Demand Loan of Rs. 2.50 Cr.
IVR BB-

IVR BB-
Stable

Stable
11.09.2018 M/s Nidhi Textiles Long Term Fund Based Limits of Rs. 9.00 Cr.

Working Capital Demand Loan of Rs. 2.50 Cr.
IVR BB-

IVR BB-
Stable

Stable
06.09.2018 Maharaja Ispat Private Limited Long Term Bank facilities of Rs. 16.50 Cr. IVR BB+ Stable
29.08.2018 Anvil Electricals Private Limited Long Term Bank Facility – Term Loan of Rs. 2.08 Cr.

Long Term Bank Facility – Cash Credit of Rs. 22.92 Cr. (including proposed limit of Rs. 13.92 Cr)

Long Term Bank Facility – Bank Guarantee of Rs. 4.00 Cr.

Short Term Bank Facilities – Letter of Credit of Rs. 4.00 Cr.
IVR BBB-

IVR BBB-


IVR BBB-

IVR A3
Stable

Stable


Stable

-
28.08.2018 Himachal Futuristic Communications Limited Issuer rating IVR A- (Is) (Withdrawn) Stable
23.08.2018 Truvolt Engineering Co. Private Limited Long Term Bank Facilities of Rs. 15.96 Cr.

Long Term/Short Term Bank Facilities of Rs. 14.00 Cr.

Short Term Bank Facilities of Rs. 0.75 Cr.
IVR BB-

IVR BB-/IVR A4

IVR A4
Stable

Stable/-

-
22.08.2018 Vindeshwari Exim Pvt Ltd. Long Term Debt-Term Loan of Rs. 14.00 Cr.

Fund Based Facilities of Rs. 2.20 Cr.

Non-Fund Based Facilities of Rs. 30.00 Cr.

Proposed Fund Based/Non-Fund Based Facilities of Rs. 6.80 Cr.
IVR BB+

IVR BB+

IVR A4+

IVR BB+/IVR A4+
Stable

Stable

-

Stable/-
22.08.2018 Smartha Enterprises Pvt Ltd. Fund Based Facilities of Rs. 1.50 Cr.

Non-Fund Based Facilities of Rs. 15.00 Cr.

Proposed Fund Based/Non-Fund Based Facilities of Rs. 0.50 Cr.
IVR BB+

IVR A4+

IVR BB+/IVR A4+
Stable

-

Stable/-
20.08.2018 Nikhil Adhesives Ltd. Fund Based Facilities- Cash Credit of Rs. 25.00 Cr.

Non Fund Based Facilities-LC/BG/Buyer's Credit of Rs. 65.00 Cr.
IVR BBB-

IVR A3
Stable

-
17.08.2018 Dakshin Budhakhali Improvement Society Long Term Facilities - Term Loan of Rs. 25.00 Cr. IVR BB+ Stable
14.08.2018 Himalaya Polytech Private Limited Term Loan of Rs. 6.80 Cr.

Fund Based facilities (CC) of Rs. 7.80 Cr. (including proposed limit of Rs. 0.30 Crores)

Non fund based facilities (LC/BG) of Rs. 6.00 Cr. (including proposed limit of Rs. 2.0 Crores)
IVR BB+

IVR BB+


IVR A4+
Stable

Stable


-
09.08.2018 Swastik Pipe Limited Long Term Fund Based Limits of Rs. 118.00 Cr.

Short Term Non-Fund Based Facilities of Rs. 70.00 Cr.

Long Term Debt - Term Loan of Rs. 12.00 Cr. (including proposed term loan of Rs.8.50 crore)
IVR BBB

IVR A3+

IVR BBB
Stable

-

Stable
06.08.2018 Kotak Mahindra Mutual Fund Kotak FMP Series 236 (Mutual Fund) IVR A1+mfs (Withdrawn) -
06.08.2018 Sona Beverages Pvt Ltd (SBPL) Fund Based Facilities of Rs. 7.00 Crores

Long Term Debt- Term Loan of Rs. 23.50 Crores
IVR BB

IVR BB
Stable

Stable
24.07.2018 Counto Metals & Mining Company Ltd Fund Based Facilities of Rs. 4.73 Crores (including proposed limit of Rs.0.88 crore)

Long Term Debt- Term Loan of Rs. 5.27 Crores
IVR B


IVR B
Stable


Stable
24.07.2018 Counto Automobiles Pvt Ltd Fund Based Facilities of Rs. 7.56 Crores (including proposed limits of Rs.0.56 crore)

Long Term Debt- Term Loan of Rs. 2.44 Crores
IVR B+


IVR B+
Stable


Stable
20.07.2018 VRKP Steel Industries Pvt. Limited Issuer Rating IVR BB + [Is] Stable
19.07.2018 New Leaf Tea Plantation Private Limited Long Term Bank Facility – Term Loan of Rs. 7.75 Crores

Long Term Bank Facility – Cash Credit of Rs. 3.50 crores

Short Term Bank Facility – Bank Guarantee of Rs. 0.50 crores
IVR BB+

IVR BB+

IVR A4+
Stable

Stable

-
17.07.2018 Kotak Mahindra Mutual Fund Kotak FMP Series 236 (Mutual Fund) IVR A1+mfs -
10.07.2018 Khadim India Ltd. Commercial Paper (Earmarked out of current tied-up fund based working capital limits) of Rs. 30.00 crores IVR A1+ -
10.07.2018 GKC Projects Ltd Long Term Bank Facilities of Rs. 1981.06 Crores

Optionally Convertible Debentures of Rs. 183.93 crores
IVR D

IVR D
-

-
10.07.2018 Priyesh Investment Private Limited Proposed NCDs of Rs.135.00 crores IVR B+ Stable
10.07.2018 M/s. Ashwatha Developers Non-Convertible Debentures (Proposed) of Rs. 150.00 crores IVR B+ (Withdrawn) Stable
22.06.2018 Tirupati Conductors Private Limited Long Term Bank Facilities of Rs. 18.00 Crores (including proposed limit of Rs.5 crore)

Short Term Bank Facilities of Rs.12.00 crores(including proposed limit of Rs.5 crore)
IVR BBB


IVR A3+
Stable


-
22.06.2018 Premier Cables and Conductors Private Limited Long Term Bank Facilities of Rs. 7.00 Crores

Short Term Bank Facilities of Rs.18.00 crores
IVR BBB

IVR A3+
Stable

-
22.06.2018 Indiabulls Mutual Fund Indiabulls Short Term Fund IVR AA+mfs (Downgraded from IVR AAAmfs) -
21.06.2018 Dhunseri Petrochem Limited Short Term Bank Facilities of Rs. 100.00 Cr. IVR A1+ -
11.06.2018 Radius & Deserve Land Developers Private Limited Non-Convertible Debentures of Rs. 302.00 Cr. IVR BB- Stable
06.06.2018 JPM Exports Private Limited Long Term Fund Based Limits of Rs. 50.00 Cr. (including proposed limits of Rs. 5 crores) IVR BBB- Stable
05.06.2018 Glocal Healthcare Systems Private Limited Long Term Bank facilities of Rs.40.00 Cr. IVR BB Stable
31.05.2018 Earth Water Ltd. Fund Based Facilities of Rs.54.00 Cr. (including proposed limits of Rs.37 crore)

Non Fund Based Facilities of Rs. 112.00 Cr. (including proposed limits of Rs.40 crore)
IVR A-


IVR A2+
Stable


-
31.05.2018 Aventura Components Pvt Ltd. Fund Based Facilities of Rs.14.00 Cr.

Non Fund Based Facilities of Rs. 81.00 Cr. (including proposed limits of Rs.19 crore)
IVR BBB+

IVR A2
Stable

-
31.05.2018 IFGL Refractories Limited Long Term Bank Facility – Term Loan of Rs.40.00 Cr. IVR AA Stable
30.05.2018 Santpuria Alloys Private Ltd. Long Term Fund Based Limits of Rs.15.00 Cr.

Short Term Non-Fund Based Limits of Rs. 6.00 Cr.

Proposed Fund Based /Non-Fund Based Bank Facilities (Long Term / Short Term) of Rs. 1.50 Cr.
IVR BBB

IVR A3+

IVR BBB/IVR A3+
Stable

-

Stable
30.05.2018 Mongia Steel Ltd. Long Term Fund Based Limits of Rs.31.00 Cr.

Short Term Non-Fund Based Limits of Rs. 8.00 Cr.
IVR BBB+

IVR A2
Stable

-
25.05.2018 Tuaman Engineering Limited Long Term Fund Based Facilities- Cash Credit of Rs. 15.00 Cr.

Short Term Non Fund Based Facilities- Bank Guarantee of Rs. 35.00 Cr. (Enhanced from of Rs. 25.00 Crores)
IVR A-

IVR A2+
Stable

-
23.05.2018 India Power Corporation Limited Commercial Paper of Rs. 50 crores IVR A1+ (Withdrawn) -
17.05.2018 India Mega Agro Anaj Limited Long Term Fund Based Limits -Cash Credit of Rs. 137.30 Cr.

Long Term Bank Facilities - Term Loan of Rs. 58.60 Cr.
IVR BBB+

IVR BBB+
Stable

Stable
15.05.2018 Sahara Housingfina Corporation Ltd Non-Convertible Debenture of Rs. 30.00 crores IVR BB- Stable
14.05.2018 Hillman Hosiery Mills Pvt. Ltd. Long Term Bank facilities of Rs. 15.00 crores (including proposed incremental limits of Rs.0.15 Cr) IVR BB+ Stable
09.05.2018 Himadri Speciality Chemical Limited Commercial Paper of Rs. 25.00 crores. IVR A1+ (Withdrawn) -
03.05.2018 M/s. Ashwatha Developers Proposed NCDs of Rs. 150.00 crores. IVR B+ Stable
27.04.2018 Maple ODC Movers Pvt. Ltd. Long Term Fund Based Facilities of Rs. 10.00 crores. (including proposed limit of Rs.4.00 crore)

Short Term Non-Fund Based Facilities of Rs. 5.00 crores. (including proposed limit of Rs.4.00 crore)
IVR A-


IVR A2+
Stable


-
26.04.2018 Smilax Laboratories Limited Long-Term Debt- Term Loan of Rs. 75.44 crores.

Long Term Fund Based Facilities- Cash Credit of Rs. 33.00 crores.

Short Term Non-Fund Based Limits- L.C/B.G/Forward Contracts of Rs. 34.36 crores.
IVR D


-
25.04.2018 Worlds Window Wardha Infrastructure Pvt. Ltd. Long Term Debt- Proposed Term Loan of Rs. 50.00 crores. IVR A- Stable
25.04.2018 Sanjvik Terminals Pvt. Ltd. Long Term Debt- Term Loan of Rs. 30.00 crores. (incl. proposed limits of Rs.1.98 crore) IVR A- Stable
25.04.2018 GOCL Corporation Ltd. Long Term Fund Based Limits of Rs. 20.00 crores. (incl. proposed limit of Rs.5.00 crore)

Short Term Non-Fund Based Facilities of Rs. 85.00 crores. (incl. proposed limits of Rs.29.00 crore)

Letter of Comfort of Rs. 689.41 crores. (USD 107.41 mn)
IVR A-


IVR A2+


IVR A-
Stable


-


Stable
20.04.2018 Electrosteel Castings Limited Non-Convertible Debentures (Series VI) Rs. 125.00 crores.

Non-Convertible Debentures (Series VII) of Rs. 75.00 crores.
IVR A

IVR A
Stable

Stable
20.04.2018 Khayati Realtors Private Ltd Commercial Paper of Rs. 500.00 crores. IVR A1+ (Withdrawn) -
18.04.2018 Sai Point Finance Corporation Ltd. Long term Bank Facilities of Rs. 50.00 crores. IVR BB+ Stable
16.04.2018 Glass Wall Systems (India)Private Limited Fund Based Facilities Rs. 85.00 crores.

Non-Fund Based Facilities of Rs. 165.00 crores.
IVR A-

IVR A2+
Stable

-
09.04.2018 Mangalam Cement Limited Non-Convertible Debentures (Proposed) Rs. 250.00 crores. IVR AA- Stable
03.04.2018 Tuaman Engineering Limited Long Term Fund Based Facilities- Cash Credit of Rs. 15.00 crores.

Short Term Non Fund Based Facilities- Bank Guarantee of Rs. 25.00 crores.
IVR A-

IVR A2+
Stable

-
03.04.2018 M/S Kamaljeet Singh Ahluwalia Long Term Fund Based Facilities- Term Loan Rs. 475.00 crores. IVR BBB- Stable
03.04.2018 M/S Kaypee Enterprises Long Term Fund Based Facilities- Term Loan Rs. 200.00 crores. IVR BBB- Stable
02.04.2018 RV Wines LLP Non-Fund Based Facilities Rs. 30.00 crores. (incl. proposed CC sublimit of Rs.1 crore) IVR B+/IVR A4 Stable/-
02.04.2018 Avyukta Agro Impex Private Limited Non-Fund Based Facilities of Rs. 30.00 crores. (incl. proposed CC sublimit of Rs.1 crore) IVR B+/IVR A4 Stable/-
30.03.2018 M/s N.E.Agency Long Term Fund Based Facilities- Cash Credit of Rs. 5.00 crores.

Long Term /Short Term Bank Facilities (Proposed)of Rs. 21.00 crores.
IVR BB

IVR BB/IVR A4
Stable

Stable/-
28.03.2018 Paisalo Digital Ltd. Fund Based Facilities of Rs. 990.00 crores. IVR A Stable
27.03.2018 Kota Electricity Distribution Limited Long Term Facilities- Term Loan of Rs. 75.00 crores.

Long Term Non Fund Based Facilities- Bank Guarantee of Rs. 133.00 crores.

ShortTermFundBased Facilities- Overdraft of Rs. 100.00 crores.
IVR BBB +

IVR BBB +


IVR A2
Stable

Stable


-
27.03.2018 Bikaner Electric Supply Limited Long Term Non Fund Based Facilities- Bank Guarantee of Rs. 102.00 crores.

ShortTermFundBased Facilities- Overdraft of Rs. 100.00 crores.
IVR BBB +


IVR A2
Stable


-
27.03.2018 M/s Ispat India Long Term Facilities- Term Loan of Rs. 8.50 crores.

Long Term Fund Based Facilities- Cash Credit of Rs. 18.00 crores.
IVR BBB -

IVR BBB -
Stable

Stable
27.03.2018 Bharatpur Electric Services Limited Long Term Non Fund Based Facilities- Bank Guarantee of Rs. 42.50 crores.

ShortTermFundBased Facilities- Overdraft of Rs. 40.00 crores.
IVR BBB +


IVR A2
Stable


-
23.03.2018 TIL Ltd. Outstanding Term Loan of Rs. 15.75 crores.

CC Facilities of Rs. 145.00 crores.

LC/BG Facilities of Rs. 200.00 crores.
IVR BBB+

IVR BBB+

IVR BBB+ / IVR A2
Positive Outlook

Positive Outlook

Positive Outlook / -
20.03.2018 Worlds Window Infrastructure & Logistics Pvt. Ltd. Term Loan of Rs. 15.40 crores.

Fund Based Facilities of Rs. 85.50 crores. (including proposed limit of Rs.75.00 crore)

Non-Fund Based Facilities of Rs. 29.10 crores. (including proposed limit of Rs.14.60 crore)
IVR A-


IVR A-


IVR A2+
Stable


Stable


-
20.03.2018 Magnifico Minerals Pvt. Ltd. Long Term Fund based facilities- Cash Credit of Rs. 35.00 crores. (including proposed limits of Rs. 4.00 crore)

Short Term Non-Fund based facilities- LC of Rs. 365.00 crores. (including proposed limit of Rs.27.00 crore)
IVR A-


IVR A2+
Stable


-
20.03.2018 Maple Logistics Pvt. Ltd. Long Term Fund based facilities- Cash Credit of Rs. 78.00 crores. (including proposed limits of Rs. 9.75 crore)

Short Term Non-Fund based facilities- LC/BG of Rs. 22.00 crores. (including proposed limit of Rs.8.25 crore)
IVR A-


IVR A2+
Stable


-
20.03.2018 Everest Metals FZE Fund Based Facilities- Existing of Rs. 76.70 crores. (11.80 mn USD)

Fund Based Facilities- Proposed of Rs. 63.30 crores. (9.74 mn USD)
IVR A-


IVR A-
Stable


Stable
19.03.2018 Sunstream City Private Limited Non-Convertible Debentures (NCD) (Zero Coupon Bonds) of Rs. 817.9 crores IVR B- (ISSUER NOT COOPERATING)
Negative Outlook (ISSUER NOT COOPERATING)
12.03.2018 Lahari Laminates Private Limited Long Term Fund Based Facilities- Cash Credit of Rs. 20.00 Crores IVR BB+
Stable
08.03.2018 Seagull Maritime Agencies Pvt. Ltd. Long Term Fund based facilities- Cash Credit of Rs. 35.00 Crores (including proposed limits of Rs. 20 crore) IVR A-
Stable
08.03.2018 Alstrong Enterprises IndiaPvt. Ltd. Long Term Fund based facilities- Cash Credit of Rs. 100.00 crores. (including proposed limits of Rs. 50 crore)

Short Term Non-Fund based facilities- LC/BG of Rs. 50.00 crores.
IVR A-


IVR A2+
Stable


-
08.03.2018 Eastern Logica Infoway Limited Long Term Fund Based Facilities- Cash Credit (Including proposed limit of Rs.12 crore) of Rs. 35.00 Crores IVR BBB
Stable
05.03.2018 Royal Infraconstru Limited Long Term/ Short Term Bank Facilities - 369.09 Crores IVR A- / IVR A2+
Stable
26.02.2018 Wudtools Long Term Fund Based Facilities- Cash Credit of Rs 12 crores. IVR BB
Stable
22.02.2018 Radiant Life Care Pvt. Ltd. (formerly, Halcyon Finance & Capital Advisors Pvt. Ltd.) Non-Convertible Debentures of Rs. 147.50 crores.

Long-term loan of Rs. 65.00 crores.
IVR A-

IVR A-
Stable

Stable
21.02.2018 BKM Industries Ltd (Formerly, Manaksia Industries Ltd) Corporate Governance Rating IVR CGR 3+ (Withdrawn) -
19.02.2018 BKM Industries Ltd (Formerly, Manaksia Industries Ltd) Commercial Paper of Rs. 50.00 crores. IVR A2+ (Withdrawn) -
16.02.2018 Worlds Window Impex India Pvt. Ltd. Long Term Fund based facilities- Cash Credit of Rs. 195.50 crores. (including proposed limits of Rs. 10.50 crore)

Short Term Fund based facilities- EPC/PCFC/LC/BG of Rs. 804.50 crores. (including proposed limits of Rs. 150 crore)
IVR A-


IVR A2+
Stable


-
12.02.2018 Clininvent Research Private Limited Long Term Facilities- Term Loan (including proposed limit of Rs.14.45 crore) of Rs. 54.00 crores.

Long Term Fund Based Facilities - Cash Credit of Rs. 7.00 crores.

Long Term Non Fund Based Facilities- Derivative Contract of Rs. 2.00 crores.

Short Term Non Fund Based Facilities - Letter of Creditof Rs. 7.00 crores.
IVR A- (SO)


IVR A- (SO)

IVR A- (SO)

IVR A2+ (SO)
Stable


Stable

Stable

-
09.02.2018 Nayati Pharma Pvt Ltd Fund based facilities- Cash Credit of Rs. 10.00 (incl. proposed limit of Rs.5.20 crore) IVR BBB- Stable
07.02.2018 Clininvent Research Private Ltd Issuer Rating IVR BBB [Is] (Withdrawn) Stable
07.02.2018 Turtle Limited Long Term Fund Based Facilities- Cash Credit (including proposed limit) of Rs. 58.80 crores.

Short Term Fund Based Facilities- Standby Line of Credit of Rs. 3.00 crores.

Short Term Non Fund Based Facilities- Letter of Credit of Rs. 3.00 crores.

Short Term Non Fund Based Facilities- Credit Exposure Limit of Rs. 0.20 crores.
IVR BBB +/Positive Outlook

IVR A2

IVR A2

IVR A2
-


-

-

-
31.01.2018 Phillips Carbon Black Ltd. Term Loan (Present Outstanding) of Rs. 4.52 crores. IVR AA- Stable
31.01.2018 Vikram India Limited Long-Term Debt- Term Loan of Rs. 2.46 crores.

Long Term Fund Based Facilities- Cash Credit of Rs. 30.00 crores.

Short Term Fund Based Facilities- PC/PCFC of Rs. 11.00 crores.

Short Term Non Fund Based Facilities- Letter of Credit of Rs. 17.00 crores.
IVR BBB-

IVR BBB-

IVR A3

IVR A3
Stable

Stable

-

-
23.01.2018 Vijay Transformers Long term Bank Facilities of Rs. 2.50 crores.

Long/Short term Bank Facilities of Rs. 5.00 crores.

Short term Bank Facilities of Rs. 1.00 crores.
IVR BB-

IVR BB-/ IVR A4

IVR A4
Stable

Stable

-
23.01.2018 SVR Electricals Private Ltd. Long term Bank Facilities of Rs. 7.25 crores.

Long/Short term Bank Facilities of Rs. 18.75 crores.

Short term Bank Facilities of Rs. 1.00 crores.
IVR BB-

IVR BB-/ IVR A4

IVR A4
Stable

Stable

-
22.12.2017 R.R.Energy Ltd. Long-Term Debt- Term Loan of Rs. 38.54 crores.

Long Term Fund based facilities- Cash Credit of Rs. 19.36 crores.

Short Term Non Fund based facilities- Letter of Credit of Rs. 14.00 crores

Short Term Non Fund based facilities- Bank Guarantee of Rs. 2.10 crores.
IVR BB

IVR BB

IVR A4

IVR A4
Stable

Stable

-

-
21.12.2017 Haldia Petrochemicals Limited Commercial Paper (by earmarking fund based working capital bank limit)of Rs.100.00 crores IVR A1+ -
18.01.2018 Fortune Chemicals Ltd. Proposed Term Loan of Rs. 45.00 crores.

Proposed Long Term Fund based facilities- Cash Credit of Rs. 5.00 crores.
IVR BBB

IVR BBB
Stable

Stable
18.01.2018 Deevya Shakti Paper Mills Pvt Ltd. Fund Based Facilities of Rs. 36.00 crores.

Term Loans of Rs. 6.50 crores.

Non-Fund Based Facilities of Rs. 6.22 crores
IVR A-

IVR A-

IVR A2+
Stable

Stable

-
18.12.2017 Srikalahasthi Pipes Ltd. Outstanding Long-Term Borrowing (LTB) Programme of Rs.84.9 crores.

Proposed LTB/Non-Convertible Debentures (NCD) of Rs.115.1 crores
IVR A+ (Withdrawn)


IVR A+ (Withdrawn)
Stable


Stable
15.12.2017 Indiabulls Ventures Ltd. Commercial Paper (Proposed) of Rs.750.00 crores IVR A1+ -
15.12.2017 R.R.Energy Ltd. Long-Term Debt- Term Loan of Rs. 5.00 crores.

Long Term Fund based facilities- Cash Credit of Rs. 20.00 crores.

Short Term Fund based facilities- Letter of Credit of Rs. 5.00 crores
IVR BB

IVR BB


IVR A4
Stable

Stable


-
14.12.2017 Worldwide Metals Private Ltd. Long term Bank Facilities of Rs.96.00 crores.

Short term Bank Facilities of Rs.4.00 crores
IVR BB+

IVR A4
Stable

-
14.12.2017 Oyster Steel & Iron Private Ltd. Long/Short-term Bank Facilities of Rs.140.00 crores.

Short term Bank Facilities of Rs.20.00 crores
IVR BB/IVR A4


IVR A4
Stable


-
14.12.2017 Olympus Metal Private Ltd. Long/Short-term Bank Facilities of Rs.75.00 crores.

Short term Bank Facilities of Rs.10.00 crores
IVR BB+/IVR A4


IVR A4
Stable


-
14.12.2017 Draken Metals Trading Private Ltd. Long/Short-term Bank Facilities of Rs.150.00 crores IVR BB / IVR A4 Stable
11.12.2017 DMG Polypack Pvt Ltd. Long-Term Debt- Term Loan of Rs. 13.31 crores.

Long Term Fund based facilities- Cash Credit of Rs. 4.00 crores.

Short Term Fund based facilities- Foreign Bill Discounting of Rs. 2.69 crores (including proposed limits of Rs.0.69 crore)
IVR BBB-

IVR BBB-


IVR A3
Stable

Stable


Stable
08.12.2017 Waaree Energies Ltd. Long-Term Non- Convertible Debentures – Series I of Rs. 45.00 crores.

Long-Term Non- Convertible Debentures – Series II of Rs. 55.00 crores
IVR BB+


IVR BB+
Stable


Stable
17.11.2017 Shri Ram Raja Sarkar Lok Kalyan Trust Long Term Debt- Term Loan (incl. proposed limits)





Fund Based FacilitiesOverdraft (incl. proposed limits)
IVR BB/Stable Outlook(IVR Double B with Stable Outlook)


IVR BB/Stable Outlook(IVR Double B with Stable Outlook)
-


-
06.11.2017 Indiabulls Mutual Fund Indiabulls Short Term Fund IVR AAAmfs -
06.11.2017 Indiabulls Mutual Fund Indiabulls High Yield Fund (IBHYF) of Rs. 1000 crores

Indiabulls Dual Advantage Commercial Asset Fund (IBDACAF) Rs. 1000 crores
IVR AAA(AIF)


IVR AAA(AIF)
-


-
01.11.2017 Sara International Pvt Ltd. Long-Term/Short TermFund based facilities- Cash Credit/PCFC/PSCFC of Rs. 70.00 crores

Short Term Non-fund based facilities- LC/BG/Buyer's Credit of Rs.96.00 (incl. proposed limits of Rs.26 crore)
IVR BB- / IVR A4


IVR A4
Stable


Stable
30.10.2017 Khyati Realtors Private Ltd. Commercial Paper of Rs.500.00 crores IVR A1+ (SO) -
30.10.2017 Suraksha Realty Ltd. Commercial Paper of Rs. 1150 crores IVR A1+ (SO) -
03.10.2017 Dhariwal Infrastructure Ltd. Issuer Rating IVR A-(Is) (Withdrawn) -
03.10.2017 Srikalahasthi Pipes Ltd. Outstanding Long-Term Borrowings (LTB) of Rs. 84.9 crore

Proposed LTB Programme/Non-Convertible Debentures of of Rs.115.1 crore(increased from Rs.67.94 crores)
IVR A+ (Downgraded)


IVR A+ (Assigned/Downgraded)
Stable


Stable
22.09.2017 Simplex Infrastructures Ltd Commercial Paper (earmarked out of tied up fund based working capital bank limit) of Rs. Rs.650.00 crores IVR A1+ -
14.09.2017 Karuna Healthcare Pvt. Ltd. Non Convertible Debenture of Rs. Rs.160.00 crores IVR A(SO) Stable
14.09.2017 Indiabulls Mutual Fund Indiabulls Liquid Fund IVR AAAmfs -
04.09.2017 Rean Watertech Private Ltd. Long/Short-term Bank Facilities Rs.5.85 crores
Long term Bank Facilities Rs. 46.15 Crores
IVR BBB- / IVR A3

IVR BBB-
Stable

Stable
28.08.2017 SAK Buildtech Pvt.Ltd. Term Loan of Rs.32.00 crores IVR BB Stable
24.08.2017 Electrosteel Castings Ltd. Commercial Paper of Rs.100.0 crores IVR A1+ (Withdrawn) -
22.08.2017 TIL Ltd. Long Term Bank Facilities Rs.166.7 crores

Long/Short-term Bank Facilities Rs. 200 Crores
IVR BBB+

IVR BBB+/IVR A3+
Stable

Stable
31.07.2017 Simplex Infrastructures Ltd Rs.75 crores (including present outstanding of Rs.50 crores)
Commercial Paper (earmarked out of tied up fund based working capital bank limit) Rs.250 Crores
IVR A1

IVR A1+
-

-
25.07.2017 Himachal Futuristic Communications Ltd. Long/Short-term Bank Facilities -Rs.975.57 crores IVR A- / IVR A2+ Stable
14.07.2017 Himachal Futuristic Communications Ltd. Issuer Rating IVR A- (Is) Stable
14.07.2017 Globus Spirits Ltd. Commercial Paper of Rs. 25 crores (To be earmarked out of tied up fund based working capital limits.) IVR A1 -
05.07.2017 India Power Corporation Ltd. Long-term Credit Facility of Rs. 225.00 crores IVR A Negative Outlook
04.07.2017 Sunstream City Private Limited Non-Convertible Debentures (NCD) Rs.817.9 crores (present outstanding) IVR B- Negative Outlook
10.05.2017 India Power Corporation Limited. Commercial Paper of Rs. Rs.50.00 crores IVR A1+ --
09.05.2017 Karuna Healthcare Private Limited. Non Convertible Debenture Rs.160.00 crores Provisional IVR A(SO) Stable
03.05.2017 Clininvent Research Private Limited. Issuer Rating IVR BBB [Is] Stable
04.04.2017 Sahara Housingfina Corporation Ltd. Non Convertible Debentures Rs.30.00 Crores IVR BB- Stable
01.04.2017 Electrosteel Castings Limited Non Convertible Debentures (Series VI) Rs.125.00 Crores (present outstanding)
Non Convertible Debentures (Series VII) Rs.75.00 Crores(present outstanding)
IVR A

IVR A
Stable

Stable
01.04.2017 Electrosteel Castings Limited Non Convertible Debentures Rs.130.00 Crores (proposed) IVR A (Withdrawn) Stable
28.03.2017 Himadri Speciality Chemical Ltd. Commercial Paper of Rs.25.00 crores (carved out of the tied-up fund based working capital limits of the company) IVR A1+ -
25.03.2017 Radius & Deserve Land Developers Pvt. Ltd. Non Convertible Debentures Rs 302 Crores (present outstanding) IVR BB - Stable
24.03.2017 Philips Carbon Black Ltd Term Loan of Rs 50 Crores (present outstanding) IVR A+ Stable
20.03.2017 Indiabulls Mutual Fund Indiabulls Dual Advantage Commercial Asset Fund of Rs.1000 crores. IVR AAA(AIF) (pronounced IVR Triple A Alternative Investment Fund) -
03/02/2017 Karle Infra Pvt. Ltd.(KIPL) Issuer Rating IVR BBB-(Is) (withdrawn) Stable
24/12/2016 Manaksia Industries - Commercial Paper Commercial Paper programme for an amount upto Rs.50 crores IVR A2+ -
24/12/2016 Manaksia Industries - Corporate Governance Corporate Governance practices IVR CGR 3+ -
24/12/2016 Electrosteel Castings Ltd - NCD Five year Non Convertible Debenture programme for an aggregate amount of Rs.130 crores. IVR A Stable
06/12/2016 Khandwala Enterprise Pvt Ltd (KEPL) Rs 200 crores unsecured non-convertible debentures IVR BB (withdrawn) Stable
02/11/2016 Indiabulls Mutual Fund Short Term Fund IVR AAAmfs Stable
10/10/2016 Indiabulls Mutual Fund Indiabulls High Yield Fund for a maximum issue size of Rs. 1000 crores (including a greenshoe option of Rs. 500 crores). IVR AAA (AIF) Stable
27/09/2016 Electrosteel Castings Ltd Commercial Paper programme of Rs.100 crores IVR A1+ -
09/09/2016 Srikalahasthi Pipes Ltd. Non-Convertible
Debentures/Long-term Borrowing
IVR AA Stable
26/08/2016 Dhariwal Infrastructure Ltd. Issuer Rating IVR A-(Is) Stable
22/08/2016 Simplex Infrastructures Ltd. Commercial Paper programme

upto an amount of Rs.250 crores upto 365 days

IVR A1+ -
27/04/2016 Khandwala Enterprise Pvt Ltd (KEPL) Rs 200 crores unsecured non-convertible debentures IVR BB Stable
20/04/2016 Sunstream City Pvt Ltd (SCPL) Rs 820.2 crores non-convertible debentures IVR B- Stable
09/02/2016 Karle Infra Pvt Ltd (KIPL) Issuer rating IVR BBB-(Is) Stable
09/02/2016 Radius & Deserve Land Developers Pvt Ltd Rs 315 crores, 3 years, senior secured NCD issuance IVR BBB-(SO) Stable