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 Credit Risk Rating of Debt Mutual Funds, an Independent Credit Evaluation (ICE) of the residual debt in entities under the RBI’s framework for resolution of stressed assets and Rating of security receipts issued by Asset Reconstruction Companies (ARCs) as required by RBI .
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
H B Oil Industries
Rationale / Rating Methodologies
Textiles ^ -- -- -- --
H D Enterprises
Rationale / Rating Methodologies
Mining -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
H D Enterprises
Rationale / Rating Methodologies
Mining [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
H D Enterprises
Rationale / Rating Methodologies
Mining [ICRA]BB- ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
H K Cotton Industries
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
H L A Investments Private Limited
Rationale / Rating Methodologies
NBFC [ICRA]BB- -- -- -- Stable
H N Construction Private Limited
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
H N Construction Private Limited
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
H R Builders
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
H R Builders
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
H R Charitable Trust
Rationale / Rating Methodologies
Miscellaneous ^ -- -- -- --
H S Sandhu Builders Pvt. Ltd.
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
H Sherul & Company
Rationale / Rating Methodologies
Gems and jewellery -- -- ^ -- --
H.D. Wires Private Limited
Rationale / Rating Methodologies
Cables ^ -- ^ -- --
H.G. Ateli Narnaul Highway Private Limited
Rationale / Rating Methodologies
Roads [ICRA]A+(CE) -- -- -- Positive
H.G. Ateli Narnaul Highway Private Limited
Rationale / Rating Methodologies
Roads -- -- [ICRA]A1(CE) -- --
H.G. Infra Engineering Limited
Rationale / Rating Methodologies
Construction [ICRA]A+ -- -- -- Positive
H.G. Infra Engineering Limited
Rationale / Rating Methodologies
Construction [ICRA]A+ -- [ICRA]A1 -- Positive
H.G. Infra Engineering Limited
Rationale / Rating Methodologies
Construction -- -- [ICRA]A1 -- --
H.G. Rewari Ateli Highway Private Limited
Rationale / Rating Methodologies
Roads [ICRA]A -- -- -- Stable
H.G. Rewari Ateli Highway Private Limited
Rationale / Rating Methodologies
Roads -- -- [ICRA]A1 -- --
H.G. Rewari Bypass Pvt. Ltd.
Rationale / Rating Methodologies
Construction -- -- [ICRA]A1(CE) -- --
H.G. Rewari Bypass Pvt. Ltd.
Rationale / Rating Methodologies
Construction [ICRA]A+(CE) -- -- -- Positive
H.K. Agro Impex
Rationale / Rating Methodologies
Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
H.K. Agro Impex
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]D ISSUER NOT COOPERATING -- --
H.K. Agro Impex
Rationale / Rating Methodologies
Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- -- -- --
H.K. Agro Impex
Rationale / Rating Methodologies
Agricultural Produce [ICRA]D ISSUER NOT COOPERATING -- [ICRA]D ISSUER NOT COOPERATING -- --
H.M. Industrial Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
H.M. Industries
Rationale / Rating Methodologies
Textiles ^ -- -- -- --
H.P. Madhukar & Co.
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
H.R. Educational Foundation Trust
Rationale / Rating Methodologies
Education [ICRA]D ISSUER NOT COOPERATING -- -- -- --
H.R. Steels Private Limited
Rationale / Rating Methodologies
Ferrous metals ^ -- -- -- --
H.S. Sandhu Builders Pvt. Ltd.
Rationale / Rating Methodologies
Construction [ICRA]B- -- -- -- Stable
H.S. Sandhu Builders Pvt. Ltd.
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 -- --
H.S. Sandhu Builders Pvt. Ltd.
Rationale / Rating Methodologies
Construction [ICRA]B- -- [ICRA]A4 -- Stable
H.S.India Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant ^ -- ^ -- --
H.S.Weavers Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
H.S.Weavers Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
H.S.Weavers Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
H.V. Metal Arc Private Limited
Rationale / Rating Methodologies
Ferrous metals ^ -- ^ -- --
H’Reck Engineers Private Limited
Rationale / Rating Methodologies
Gems and jewellery ^ -- ^ -- --
Haamid Real Estates Private Limited
Rationale / Rating Methodologies
Real estate * -- -- -- --
Habib Textiles Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Habitat Micro Build India Housing Finance Company Pvt Ltd
Rationale / Rating Methodologies
Housing Finance Companies * -- -- -- --
Haco Machinery Private Limited
Rationale / Rating Methodologies
Engineering ^ -- -- -- --
Hafele India Private Limited
Rationale / Rating Methodologies
Distributors [ICRA]A+ -- [ICRA]A1 -- Stable
Hafele India Private Limited
Rationale / Rating Methodologies
Distributors [ICRA]A+ -- [ICRA]A1 -- Stable
Hafele India Private Limited
Rationale / Rating Methodologies
Distributors [ICRA]A+ -- [ICRA]A1 -- Stable
Hafele India Private Limited
Rationale / Rating Methodologies
Distributors -- -- [ICRA]A1 -- --
Haideri Timber Pvt. Ltd.
Rationale / Rating Methodologies
Utilities * -- * -- --
Recent Releases

  • Adani Hazira Port Limited (erstwhile Adani Hazira Port Private Limited): Rating reaffirmed at [ICRA]AA+(CE)(Stable)

    Rationale / 30 Nov 2021

  • R.V. Rayanam: Rating reaffirmed, rated amount enhanced

    Rationale / 30 Nov 2021

  • Mascot Constructions: [ICRA]BBB (Stable) reaffirmed

    Rationale / 30 Nov 2021