ICRA An Affiliate of Moody's

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ICRA Limited is an Independent and professional investment information & Credit Rating Agency.
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Ratings
Ratings

As an early entrant in the Credit Rating business, ICRA Limited (ICRA) is one of the most experienced Credit Rating
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Ratings Coverage

Corporate Debt Ratings

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Approach & Methodologies

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FAQ
Rating Rationales

AB Energia Solutions Private Limited: Ratings assigned 07 Nov 2025

Ramee Hotels Private Limited: Ratings withdrawn 07 Nov 2025

Keertana Finserv Limited: Rating confirmed as final for PTC issued under Home Loan and Loan against property receivables securitisation transaction 07 Nov 2025
Research
ICRA Research

ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
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Research Offerings

Banking & Financial Services

Economy

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Corporate

Climate Series

Cross-sectoral trends & outlook

Structured Finance
Special Comments

Monthly Research Compendium 07 Nov 2025

Festive retail sales soar on GST rate reductions 04 Nov 2025

Higher NBS rates to keep profitability stable for NPK fertiliser; DAP imports to remain loss -making 03 Nov 2025
Most Trending Reports

From fixed to flexible: Evolving models for sale of power by renewable power IPPs 30 Sep 2025

NBFCs hit the slow lane as demand tapers 31 Jul 2025

GST rate cut expected to revive industry growth in FY2026 26 Sep 2025
Credit Perspective
About Credit Perspective Reports

ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
Know more
Special Comments

Monthly Research Compendium 07 Nov 2025

Festive retail sales soar on GST rate reductions 04 Nov 2025

Higher NBS rates to keep profitability stable for NPK fertiliser; DAP imports to remain loss -making 03 Nov 2025
Most Trending Research

From fixed to flexible: Evolving models for sale of power by renewable power IPPs 30 Sep 2025

NBFCs hit the slow lane as demand tapers 31 Jul 2025

GST rate cut expected to revive industry growth in FY2026 26 Sep 2025
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Upcoming Webinars

Indian Banking Sector- Banking Outlook: Growth Revival amid Asset Quality and Regulatory Shifts 12 Nov 2025 04:00 PM
What's in the news?

Centre sees no threat to FY26 fiscal deficit target - The Financial Express 04 November 2025

India flexes to top of APAC’s flex office league - Business Standard 04 November 2025

Banks trim gilts to power loan growth as deposits - Mint 04 November 2025
Contact Us

Blue Star Climatech Limited

Sector : Consumer Durables Sub Sectors : Consumer Electronics

07 Nov 2025 Blue Star Climatech Limited: Blue Star Climatech Limited-CPR-07112025

Home Credit Perspective Reports Blue Star Climatech Limited

Entity-Specific Rating Rationales

08 Oct 2025

Blue Star Climatech Limited: Ratings reaffirmed; rated amount enhanced

25 Jul 2024

Blue Star Climatech Limited: Ratings reaffirmed

23 Jun 2023

Blue Star Climatech Limited: [ICRA]AA+(Stable)/ [ICRA]A1+ assigned

Entity-Specific Credit Perspective Reports

07 Nov 2025

Blue Star Climatech Limited

Blue Star Climatech Limited (Non-SF)

19 Aug 2024

Blue Star Climatech Limited

Blue Star Climatech Limited (Non-SF)

18 Jul 2023

Blue Star Climatech Limited

Blue Star Climatech Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Long-term/ Short-term – Non-fund based – LC/ BG	[ICRA]A1+	--	[ICRA]AA+(Stable)	--
Long-term – Fund-based – Cash credit/ WCDL	--	--	[ICRA]AA+(Stable)	--

Our Analysts

Analyst 1

Karan Gupta

91 22 6114 3421
karan.gupta@icraindia.com

Analyst 2

Sakshi Suneja

+91 22 61693345
sakshi.suneja@icraindia.com

Sector Head

Jitin Makkar

9873339826
jitinm@icraindia.com

Most Trending Research Reports

Rating Rationales

Webinars

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Indian Banking Sector- Banking Outlook: Growth Revival amid Asset Quality and Regulatory Shifts

Mr Karthik Srinivasan,Mr Anil Gupta,Mr Sachin Sachdeva

12 Nov 2025 04:00 PM

Credit Quality Trends and Performance of ICRA-Assigned Ratings in H1 FY2026

Mr. K Ravichandran,Mr. Pratik Singhania

01 Oct 2025 04:00 PM

Want to Listen

The Indian Pharmaceutical Industry- Industry at a Crossroads: Navigating Global Challenges and Local Opportunities

Ms. Kinjal Shah,Mr. Deepak Jotwani

18 Sep 2025 04:00 PM

Want to Listen

PPT

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Podcast

India’s Clean Tech Mission: A $2 Trillion Opportunity | Insights by Madhura Nejjur

Oct 2025

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