As an early entrant in the Credit Rating business, ICRA Limited (ICRA) is one of the most experienced Credit Rating Agencies in the country today. ICRA rates rupee-denominated debt instruments issued by manufacturing companies, commercial banks, non-banking finance companies, financial institutions, public sector undertakings and municipalities, among others. ICRA also rates structured obligations and sector-specific debt obligations such as instruments issued by Power, Telecom and Infrastructure companies. The other services offered include Corporate Governance Rating, Stakeholder Value and Governance Rating, Credit Risk Rating of Debt Mutual Funds, Rating of Claims Paying Ability of Insurance Companies, Project Finance Rating, Line of Credit Rating and Valuation of Principal Protected-Market Linked Debentures (PP-MLD).
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All

Company Name Sector Name Long Term Medium Term Short Term Issuer Outlook
4 Genius Minds
Rationale / Rating Methodologies
Information Technology and BPO [ICRA]D ISSUER NOT COOPERATING -- -- -- --
4 Genius Minds
Rationale / Rating Methodologies
Information Technology and BPO [ICRA]D ISSUER NOT COOPERATING -- -- -- --
A B Motions Private Limited
Rationale / Rating Methodologies
Real estate [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
A N Associates
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
A N Associates
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
A Shama Rao Foundation
Rationale / Rating Methodologies
Education [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
A Shama Rao Foundation
Rationale / Rating Methodologies
Education [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
A. K. L. Infracon Pvt Ltd
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
A. K. L. Infracon Pvt Ltd
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
A.M. Breweries Private Limited
Rationale / Rating Methodologies
Breweries and Distilleries [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
A.M. Breweries Private Limited
Rationale / Rating Methodologies
Breweries and Distilleries [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
A.M. Breweries Private Limited
Rationale / Rating Methodologies
Breweries and Distilleries -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
A.P.R. Ginn And Pressing Mills
Rationale / Rating Methodologies
Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
A.R. Dairy Food Private limited
Rationale / Rating Methodologies
Food and food products [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
A.R. Dairy Food Private limited
Rationale / Rating Methodologies
Food and food products [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
A.R. Dairy Food Private limited
Rationale / Rating Methodologies
Food and food products [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
A.R. Dairy Food Private limited
Rationale / Rating Methodologies
Food and food products -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
A.R. Dairy Food Private limited
Rationale / Rating Methodologies
Food and food products -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Aadarsh Extrusion Pvt. Ltd.
Rationale / Rating Methodologies
Non-ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Aadarsh Extrusion Pvt. Ltd.
Rationale / Rating Methodologies
Non-ferrous metals [ICRA]D ISSUER NOT COOPERATING -- [ICRA]D ISSUER NOT COOPERATING -- --
Aadarsh Extrusion Pvt. Ltd.
Rationale / Rating Methodologies
Non-ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Aadhi Vinayaga Spinners
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aadhi Vinayaga Spinners
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aadhi Vinayaga Spinners
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aai Krupa Cotton Industries
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Aai Krupa Cotton Industries
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Aaiswarya Dyeing Mills Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]BBB+ ISSUER NOT COOPERATING -- -- -- Stable
Aaiswarya Dyeing Mills Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]BBB+ ISSUER NOT COOPERATING -- -- -- Stable
Aaiswarya Dyeing Mills Pvt. Ltd.
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A2 ISSUER NOT COOPERATING -- --
Aaiswarya Dyeing Mills Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]BBB+ ISSUER NOT COOPERATING -- -- -- Stable
Aarcot Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Utilities [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Aarcot Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Utilities -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Aarcot Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Utilities [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Aarey Drugs & Pharmaceuticals Limited
Rationale / Rating Methodologies
Trading -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Aarey Drugs & Pharmaceuticals Limited
Rationale / Rating Methodologies
Trading [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aarneel Technocrafts Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Aasra Foundations (Regd.)
Rationale / Rating Methodologies
Education [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Aasra Foundations (Regd.)
Rationale / Rating Methodologies
Education [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Aastha Fashions Pvt. Ltd.
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Aastha Fashions Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aastha Fashions Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aasu Exim Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aasu Exim Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aasu Exim Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Aasu Exim Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
AB Sugars Limited
Rationale / Rating Methodologies
Sugar [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
AB Sugars Limited
Rationale / Rating Methodologies
Sugar [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
AB Sugars Limited
Rationale / Rating Methodologies
Sugar [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
AB Sugars Limited
Rationale / Rating Methodologies
Sugar -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
AB&Co Global Private Limited
Rationale / Rating Methodologies
Trading [ICRA]D ISSUER NOT COOPERATING -- -- -- --
AB&Co Global Private Limited
Rationale / Rating Methodologies
Trading -- -- [ICRA]D ISSUER NOT COOPERATING -- --
ABC Transformers Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
ABC Transformers Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
ABC Transformers Private Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Abhi S.K.Hospital Private Limited
Rationale / Rating Methodologies
Healthcare [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Abhi S.K.Hospital Private Limited
Rationale / Rating Methodologies
Healthcare [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Abhinav Industries
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Abhinav Industries
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Abhinav Industries
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Abhinav Industries
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Abhishek Automotives Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Abhishek Automotives Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Abhishek Steel Industries Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Abhishek Steel Industries Limited
Rationale / Rating Methodologies
Ferrous metals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Abhishek Steel Industries Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Abhyudaya Green Economic Zones Private Limited
Rationale / Rating Methodologies
Power [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Abir Infrastructure Private Limited
Rationale / Rating Methodologies
Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Abir Infrastructure Private Limited
Rationale / Rating Methodologies
Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Abir Infrastructure Private Limited
Rationale / Rating Methodologies
Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Accord Life Spec Private Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Accord Motors
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Accord Motors
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Accura Organic Foods
Rationale / Rating Methodologies
Agricultural Produce [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Accura Organic Foods
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Accura Organic Foods
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Action Industrial Corporation
Rationale / Rating Methodologies
Distributors [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Action Industrial Corporation
Rationale / Rating Methodologies
Distributors [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Action Industrial Corporation
Rationale / Rating Methodologies
Distributors -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Action Industrial Corporation
Rationale / Rating Methodologies
Distributors -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Adam & Coal Resources Private Limited
Rationale / Rating Methodologies
Trading -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Adam & Coal Resources Private Limited
Rationale / Rating Methodologies
Trading [ICRA]BB+ ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
Adams Marketing Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Adams Marketing Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Adarsh Rice Mill
Rationale / Rating Methodologies
Agricultural Produce [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Adarsh Rice Mill
Rationale / Rating Methodologies
Agricultural Produce [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Adarsh Rice Mill
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Adarsh Rice Mill
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Adarsh Rice Mill
Rationale / Rating Methodologies
Agricultural Produce [ICRA]BB- ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
ADG Agrotech Pvt Ltd
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
ADG Agrotech Pvt Ltd
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Adie Broswon Breweries Private Limited
Rationale / Rating Methodologies
Breweries and Distilleries -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Adie Broswon Breweries Private Limited
Rationale / Rating Methodologies
Breweries and Distilleries [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Adie Broswon Breweries Private Limited
Rationale / Rating Methodologies
Breweries and Distilleries [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Adie Broswon Breweries Private Limited
Rationale / Rating Methodologies
Breweries and Distilleries [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Adilabad Expressway Private Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Adino Telecom Limited
Rationale / Rating Methodologies
Telecom -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Adino Telecom Limited
Rationale / Rating Methodologies
Telecom [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Adino Telecom Limited
Rationale / Rating Methodologies
Telecom [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Adino Telecom Limited
Rationale / Rating Methodologies
Telecom [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Adishakti Alloys Pvt Ltd
Rationale / Rating Methodologies
Non-ferrous metals -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Recent Releases

  • Bajaj Electricals Limited: Ratings revised to [ICRA]A-(Negative)/[ICRA]A2+; outlook remains Negative

    Rationale / 15 Nov 2019

  • GTN Industries Limited: Long-term rating upgraded to [ICRA]B(Stable); Short-term rating reaffirmed

    Rationale / 15 Nov 2019

  • T S Alloys Limited: Ratings reaffirmed and placed on Rating watch wT S Alloys Limited: Ratings reaffirmed and placed on Rating watch with developing implications ith developing implications

    Rationale / 15 Nov 2019