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Entity-Specific Rating Rationales

29 Jul 2025

Captain Steel India Limited: Ratings reaffirmed; rated amount enhanced

Captain Steel India Limited: Ratings reaffirmed; rated amount enhanced

03 Apr 2024

Captain Steel India Limited: Ratings reaffirmed; rated amount enhanced

Captain Steel India Limited: Ratings reaffirmed; rated amount enhanced

24 Feb 2023

Captain Steel India Limited: Ratings reaffirmed, rated amount enhanced

Captain Steel India Limited: Ratings reaffirmed, rated amount enhanced

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Entity-Specific Credit Perspective Reports

22 Aug 2025

Captain Steel India Limited

Captain Steel India Limited (Non-SF)

29 Apr 2024

Captain Steel India Limited

Captain Steel India Limited (Non-SF)

24 Mar 2023

Captain Steel India Limited

Captain Steel India Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Fund based-Cash credit/WCDL -- -- [ICRA]A+(Stable) --
Unallocated Limit [ICRA]A1+ -- [ICRA]A+(Stable) --
Bank Guarantee [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Rishin Devnath

Analyst 2

Sumit Jhunjhunwala

Sector Head

Girishkumar Kashiram Kadam
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