2. Ratings
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
G & G International Private Limited
Rationale / Rating Methodologies 		Agricultural Produce ^ -- -- -- --
G A Infra Private Limited
Rationale / Rating Methodologies 		Miscellaneous ^ -- ^ -- --
G Corp Homes Private Limited
Rationale / Rating Methodologies 		Real estate [ICRA]BBB -- -- -- Stable
G G Hospital
Rationale / Rating Methodologies 		Healthcare ^ -- -- -- --
G Khanna & Co.
Rationale / Rating Methodologies 		Trading [ICRA]BB -- -- -- Stable
G Khanna & Co.
Rationale / Rating Methodologies 		Trading -- -- [ICRA]A4+ -- --
G Khanna & Co.
Rationale / Rating Methodologies 		Trading [ICRA]BB -- [ICRA]A4+ -- Stable
G M Rao Cottons Private Limited
Rationale / Rating Methodologies 		Textiles ^ -- -- -- --
G N Altech
Rationale / Rating Methodologies 		Building materials -- -- [ICRA]A4+ -- --
G N Altech
Rationale / Rating Methodologies 		Building materials [ICRA]BB -- [ICRA]A4+ -- Stable
G N Altech
Rationale / Rating Methodologies 		Building materials [ICRA]BB -- -- -- Stable
G N Altech
Rationale / Rating Methodologies 		Building materials [ICRA]BB -- -- -- Stable
G N Shipbreakers
Rationale / Rating Methodologies 		Shipbreaking * -- * -- --
G R Constructions
Rationale / Rating Methodologies 		Construction [ICRA]BB -- -- -- Stable
G R Constructions
Rationale / Rating Methodologies 		Construction [ICRA]BB -- [ICRA]A4 -- Stable
G R Constructions
Rationale / Rating Methodologies 		Construction [ICRA]BB -- [ICRA]A4 -- Stable
G R Constructions (Banglore)
Rationale / Rating Methodologies 		Real estate * -- -- -- --
G R Engineering Private Limited
Rationale / Rating Methodologies 		Engineering * -- * -- --
G R Gupta & Bros.
Rationale / Rating Methodologies 		Ferrous metals [ICRA]BB -- -- -- Stable
G R Gupta & Bros.
Rationale / Rating Methodologies 		Ferrous metals [ICRA]BB -- -- -- Stable
G R Thanga Maligai
Rationale / Rating Methodologies 		Gems and jewellery * -- * -- --
G R Thanga Maligai (Firm)
Rationale / Rating Methodologies 		Gems and jewellery * -- * -- --
G R Thanga Maligai and Sons
Rationale / Rating Methodologies 		Gems and jewellery * -- * -- --
G Ramamoorthi Constructions India Private Limited
Rationale / Rating Methodologies 		Construction [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
G Ramamoorthi Constructions India Private Limited
Rationale / Rating Methodologies 		Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
G S Cold Storage
Rationale / Rating Methodologies 		Miscellaneous ^ -- -- -- --
G Shankar
Rationale / Rating Methodologies 		Miscellaneous ^ -- ^ -- --
G U Financial Services (P) Ltd.
Rationale / Rating Methodologies 		Microfinance Institution [ICRA]BB- -- -- -- Stable
G V Estates & Hotels Private Limited
Rationale / Rating Methodologies 		Tourism Hotels and restaurant ^ -- -- -- --
G. M. Exports
Rationale / Rating Methodologies 		Oil and Gas [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
G. M. Exports
Rationale / Rating Methodologies 		Oil and Gas [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
G. M. Exports
Rationale / Rating Methodologies 		Oil and Gas -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
G. M. Exports
Rationale / Rating Methodologies 		Oil and Gas -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
G. M. Exports
Rationale / Rating Methodologies 		Oil and Gas [ICRA]BB ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
G. R. Weavers Private Ltd.
Rationale / Rating Methodologies 		Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
G. R. Weavers Private Ltd.
Rationale / Rating Methodologies 		Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
G. R. Weavers Private Ltd.
Rationale / Rating Methodologies 		Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- --
G. Surgiwear Limited
Rationale / Rating Methodologies 		Medical Products and Devices ^ -- -- -- --
G.B. Cotton Industries
Rationale / Rating Methodologies 		Textiles ^ -- -- -- --
G.C. Tubes Private Limited
Rationale / Rating Methodologies 		Miscellaneous ^ -- -- -- --
G.Chimanlal & Co.
Rationale / Rating Methodologies 		Trading ^ -- -- -- --
G.D Overseas
Rationale / Rating Methodologies 		Agricultural Produce ^ -- -- -- --
G.D. Industries
Rationale / Rating Methodologies 		Gems and jewellery ^ -- -- -- --
G.D.Metsteel Private Limited
Rationale / Rating Methodologies 		Ferrous metals * -- -- -- --
G.G. Spun Tex
Rationale / Rating Methodologies 		Textiles * -- -- -- --
G.G.Tronics India Private Limited
Rationale / Rating Methodologies 		Electronics and Electricals * -- -- -- --
G.K. Founders Private Limited
Rationale / Rating Methodologies 		Miscellaneous ^ -- ^ -- --
G.K. Roller Flour Mills Private Limited
Rationale / Rating Methodologies 		Agricultural Produce * -- * -- --
G.L. Jain Button Store Pvt. Ltd.
Rationale / Rating Methodologies 		Miscellaneous ^ -- -- -- --
G.M. Exports Pvt. Ltd.
Rationale / Rating Methodologies 		Oil and Gas ^ -- -- -- --
G.M. Fabrics Private Limited
Rationale / Rating Methodologies 		Textiles [ICRA]A- -- [ICRA]A2+ -- Stable
G.M. Fabrics Private Limited
Rationale / Rating Methodologies 		Textiles [ICRA]A- -- [ICRA]A2+ -- Stable
G.M. Fabrics Private Limited
Rationale / Rating Methodologies 		Textiles [ICRA]A- -- -- -- Stable
G.M. Pens International Private Limited
Rationale / Rating Methodologies 		FMCG [ICRA]BBB+ -- -- -- Stable
G.M. Pens International Private Limited
Rationale / Rating Methodologies 		FMCG -- -- [ICRA]A2 -- --
G.M. Pens International Private Limited
Rationale / Rating Methodologies 		FMCG -- -- [ICRA]A2 -- --
G.M. Pens International Private Limited
Rationale / Rating Methodologies 		FMCG [ICRA]BBB+ -- -- -- Stable
G.M. Pens International Private Limited
Rationale / Rating Methodologies 		FMCG [ICRA]BBB+ -- -- -- Stable
G.M. Syntex Pvt. Ltd.
Rationale / Rating Methodologies 		Textiles [ICRA]BBB ISSUER NOT COOPERATING -- [ICRA]A3+ ISSUER NOT COOPERATING -- Stable
G.M. Syntex Pvt. Ltd.
Rationale / Rating Methodologies 		Textiles [ICRA]BBB ISSUER NOT COOPERATING -- -- -- Stable
G.N. Bullion Private Limited
Rationale / Rating Methodologies 		Gems and jewellery [ICRA]D ISSUER NOT COOPERATING -- -- -- --
G.N. Pal and Sons
Rationale / Rating Methodologies 		Gems and jewellery * -- -- -- --
G.N.R Cotton Corporation
Rationale / Rating Methodologies 		Textiles ^ -- -- -- --
G.R.S. Ispat Company Pvt. Ltd.
Rationale / Rating Methodologies 		Ferrous metals ^ -- ^ -- --
G3 Fabrication & Engineering Private Limited
Rationale / Rating Methodologies 		Engineering ^ -- ^ -- --
G3 Motors Limited (Erstwhile G3 Motors Pvt. Ltd.)
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]D ISSUER NOT COOPERATING -- -- -- --
G3 Motors Limited (Erstwhile G3 Motors Pvt. Ltd.)
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]D ISSUER NOT COOPERATING -- -- -- --
G3 Motors Limited (Erstwhile G3 Motors Pvt. Ltd.)
Rationale / Rating Methodologies 		Automobile Dealerships -- -- [ICRA]D ISSUER NOT COOPERATING -- --
G3 Motors Limited (Erstwhile G3 Motors Pvt. Ltd.)
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Gaba Overseas (P) Limited
Rationale / Rating Methodologies 		Miscellaneous ^ -- ^ -- --
Gabriel India Limited
Rationale / Rating Methodologies 		Auto Ancillaries * -- * -- --
Gadag-Betageri City Municipal Council
Rationale / Rating Methodologies 		Public finance * -- -- -- --
Gagan Aerospace Private Limited
Rationale / Rating Methodologies 		Engineering ^ -- -- -- --
Gagan Rice Mills
Rationale / Rating Methodologies 		Agricultural Produce ^ -- -- -- --
GAIL (India) Limited
Rationale / Rating Methodologies 		Oil and Gas [ICRA]AAA -- [ICRA]A1+ -- Stable
GAIL (India) Limited
Rationale / Rating Methodologies 		Oil and Gas * -- -- -- --
Gainwell Commosales Private Limited
Rationale / Rating Methodologies 		Miscellaneous * -- -- -- --
Gajanan Industries Limited
Rationale / Rating Methodologies 		Solvent extraction ^ -- -- -- --
Gajanan Mante And Sadanand Patil
Rationale / Rating Methodologies 		Real estate [ICRA]B+ -- -- -- Stable
Gajanan Solvex Limited
Rationale / Rating Methodologies 		Solvent extraction ^ -- -- -- --
Gajanand Cotton Industries
Rationale / Rating Methodologies 		Textiles ^ -- -- -- --
Gajanand Rice Mill
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Gajanand Rice Mill
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Gajavelli Spinning Mills Private Limited
Rationale / Rating Methodologies 		Textiles [ICRA]B+ -- -- -- Stable
Gajavelli Spinning Mills Private Limited
Rationale / Rating Methodologies 		Textiles [ICRA]B+ -- -- -- Stable
Gajavelli Spinning Mills Private Limited
Rationale / Rating Methodologies 		Textiles [ICRA]B+ -- -- -- Stable
Gajavelli Spinning Mills Private Limited
Rationale / Rating Methodologies 		Textiles [ICRA]B+ -- -- -- Stable
Gal Aluminium Extrusion Private Limited
Rationale / Rating Methodologies 		Textiles ^ -- -- -- --
Gala Precision Engineering Private Limited
Rationale / Rating Methodologies 		Engineering * -- * -- --
Galaxy Bearings Limited
Rationale / Rating Methodologies 		Auto Ancillaries ^ -- ^ -- --
Galaxy Concab (India) Private Limited
Rationale / Rating Methodologies 		Cables [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Galaxy Concab (India) Private Limited
Rationale / Rating Methodologies 		Cables [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Galaxy Concab (India) Private Limited
Rationale / Rating Methodologies 		Cables -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Galaxy Concab (India) Private Limited
Rationale / Rating Methodologies 		Cables [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Galaxy Cotton & Textiles Private Limited
Rationale / Rating Methodologies 		Textiles ^ -- ^ -- --
Galaxy Motors
Rationale / Rating Methodologies 		Automobile Dealerships ^ -- -- -- --
Galina Consultancy Services Private Limited
Rationale / Rating Methodologies 		Other Financial Services Companies * -- -- -- --
Gallant Jewelry
Rationale / Rating Methodologies 		Gems and jewellery -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Gallant Jewelry
Rationale / Rating Methodologies 		Gems and jewellery -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Gallant Jewelry
Rationale / Rating Methodologies 		Gems and jewellery -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Recent Releases
  • Update on reason for delay in periodic surveillance

    Rationale / 16 Sep 2019

  • Update on reason for delay in periodic surveillance

    Rationale / 16 Sep 2019

  • Hiranandani Healthcare Private Limited: Ratings upgraded to [ICRA]BBB+ &/[ICRA]A2 &and withdrawn

    Rationale / 13 Sep 2019

Read more
ICRA Special Comments
Indian Commercial Vehicle Industry; Outlook revised to Negative amidst multiple headwinds
Commercial Vehicles / Sep 2019 Headline WPI inflation remained unchanged at 1.1% in August 2019; core WPI recorded a disinflation after 33 months
Key Economic Indicators / Sep 2019 Limited usefulness of state governments’ revised estimates as predictor of audited actuals, suggests scope for improvement of budgetary forecasting
State Government Finance / Sep 2019 Read more