The Grading Services offered by ICRA employ pioneering concepts and methodologies, and include Grading of: Microfinance Institution (MFIs); Construction Entities; Real Estate Developers and Projects; and Maritime Training Institutes. These apart, of late, ICRA has been offering the services of Grading of the Renewable Energy Service Companies (RESCOs) and the System Integrators(SI); Grading of Management Education Institutes; Grading of Engineering Colleges/Universities; Grading of Fundamental Strength and Recovery Prospects; Assessment of the fundamental and financial strength of Real Estate Entities (REEs) & Real Estate Projects (REPs); and ICRA Corporate Responsibility and Sustainable-Business Grading.
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Company Name Grading Validity
Recent Releases

  • The Government Tele-communication Employees’ Co-operative Society Limited: Rating downgraded to [ICRA]D; remains in ‘Issuer Not cooperating’ category

    Rationale / 23 May 2019

  • Variety Lumbers Private Limited: Rating upgraded to [ICRA]C/A4

    Rationale / 23 May 2019

  • Uttar Pradesh Rajkiya Nirman Nigam Ltd.: Short term rating assigned at [ICRA]A3+; Long term rating reaffirmed

    Rationale / 23 May 2019