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Entity-Specific Rating Rationales

02 Dec 2025

Advance Valves Private Limited: Ratings reaffirmed; rated amount enhanced

Advance Valves Private Limited: Ratings reaffirmed; rated amount enhanced

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19 Nov 2025

Advance Valves Private Limited: Long-term rating upgraded to [ICRA]A (Stable) and short-term rating reaffirmed

Advance Valves Private Limited: Long-term rating upgraded to [ICRA]A (Stable) and short-term rating reaffirmed

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04 Jun 2025

Advance Valves Private Limited: Ratings reaffirmed

Advance Valves Private Limited: Ratings reaffirmed

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04 Feb 2025

Advance Valves Private Limited: Ratings reaffirmed; rated amount enhanced

Advance Valves Private Limited: Ratings reaffirmed; rated amount enhanced

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28 Jun 2024

Advance Valves Private Limited: Ratings reaffirmed; rated amount enhanced

Advance Valves Private Limited: Ratings reaffirmed; rated amount enhanced

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10 Apr 2023

Advance Valves Private Limited: Ratings reaffirmed

Advance Valves Private Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

30 Dec 2025

Advance Valves Private Limited

Advance Valves Private Limited (Non-SF)

21 Apr 2023

Advance Valves Private Limited

Advance Valves Private Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Unallocated Limit [ICRA]A2+ -- [ICRA]A(Stable) --
Long-term Fund based – Term Loan -- -- [ICRA]A(Stable) --
Cash Credit -- -- [ICRA]A(Stable) --
Short Term - Non Fund Based [ICRA]A2+ -- -- --

Our Analysts

Analyst 1

Harshita Singh

Analyst 2

Anubha Rustagi

Sector Head

Girishkumar Kashiram Kadam
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