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As an early entrant in the Credit Rating business, ICRA Limited (ICRA) is one of the most experienced Credit Rating
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Meridian Medical Research and Hospital Limited: Update on material event 10 Nov 2025

Narayana Hrudayalaya Surgical Hospital Private Limited: Update on material event 10 Nov 2025

Narayana Hrudayalaya Limited: Update on material event 10 Nov 2025
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ICRA industry research provides unique research offering for 60+ sectors in India wherein 250+ Ratings analysts
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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

RE capacity addition to cross 35 GW in FY2026; bidding activity however slowed down amid delays in signing of PPAs/PSAs 29 Sep 2025

NBFCs hit the slow lane as demand tapers 31 Jul 2025
Credit Perspective
About Credit Perspective Reports

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

RE capacity addition to cross 35 GW in FY2026; bidding activity however slowed down amid delays in signing of PPAs/PSAs 29 Sep 2025

NBFCs hit the slow lane as demand tapers 31 Jul 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

ICRA Webinar on Indian Commercial Real Estate Sector 26 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

API Ispat and Powertech Private Limited

Sector : Ferrous Metals Sub Sectors : Iron & Steel

10 Nov 2025 API Ispat and Powertech Private Limited: API Ispat and Powertech Private Limited-CPR-10112025

Home Credit Perspective Reports API Ispat and Powertech Private Limited

Entity-Specific Rating Rationales

10 Oct 2025

API Ispat and Powertech Private Limited: Ratings reaffirmed

10 Oct 2024

API Ispat and Powertech Private Limited: Ratings reaffirmed

03 Jul 2023

API Ispat and Powertech Private Limited: Ratings reaffirmed and rated amount enhanced

06 Apr 2023

API Ispat and Powertech Private Limited: Ratings reaffirmed

Entity-Specific Credit Perspective Reports

10 Nov 2025

API Ispat and Powertech Private Limited

API Ispat and Powertech Private Limited (Non-SF)

11 Nov 2024

API Ispat and Powertech Private Limited

API Ispat and Powertech Private Limited (Non-SF)

05 May 2023

API Ispat and Powertech Private Limited

API Ispat and Powertech Private Limited (Non-SF)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Fund-based Working Capital Limits	--	--	[ICRA]AA-(Stable)	--
Non-Fund Based Limits	[ICRA]A1+	--	--	--
Unallocated Limit	[ICRA]A1+	--	[ICRA]AA-(Stable)	--

Our Analysts

Analyst 1

Soumya Satapathy

7008451767
soumya.satapathy@icraindia.com

Analyst 2

Sumit Jhunjhunwala

+91 33 71501111
sumit.jhunjhunwala@icraindia.com

Sector Head

Girishkumar Kashiram Kadam

9324026665
girishkumar@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

ICRA Webinar on Indian Commercial Real Estate Sector

Anupama Reddy,Abhishek Lahoti

26 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

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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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