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
IBD Nalanda Infrastructure Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IBD Nalanda Infrastructure Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Ibd Universal Pvt. Ltd.
Rationale / Rating Methodologies
Real estate [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Ibd Universal Pvt. Ltd.
Rationale / Rating Methodologies
Real estate [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Ibd Universal Pvt. Ltd.
Rationale / Rating Methodologies
Real estate [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Ibex Engineering Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Ibex Engineering Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Ibex Engineering Private Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Ibex Engineering Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
IC India Pvt. Ltd
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
IC India Pvt. Ltd
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
IC India Pvt. Ltd
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Iced Desserts & Food Parlours (India) Private Limited
Rationale / Rating Methodologies
Distributors [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Icomm Tele Ltd
Rationale / Rating Methodologies
Telecom [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Icomm Tele Ltd
Rationale / Rating Methodologies
Telecom -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Icomm Tele Ltd
Rationale / Rating Methodologies
Telecom [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Icomm Tele Ltd
Rationale / Rating Methodologies
Telecom [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Icon Granito Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Icon Granito Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Icon Granito Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Icon Petroleum Corporation Limited
Rationale / Rating Methodologies
Oil and Gas [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Icon Petroleum Corporation Limited
Rationale / Rating Methodologies
Oil and Gas -- -- [ICRA]D ISSUER NOT COOPERATING -- --
IL&FS Financial Services Limited
Rationale / Rating Methodologies
NBFC -- -- [ICRA]D ISSUER NOT COOPERATING -- --
IL&FS Tamil Nadu Power Company Limited
Rationale / Rating Methodologies
Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IL&FS Tamil Nadu Power Company Limited
Rationale / Rating Methodologies
Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IL&FS Transportation Networks Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IL&FS Transportation Networks Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IL&FS Transportation Networks Limited
Rationale / Rating Methodologies
Roads -- -- [ICRA]D ISSUER NOT COOPERATING -- --
IL&FS Transportation Networks Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IL&FS Transportation Networks Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IL&FS Transportation Networks Limited
Rationale / Rating Methodologies
Roads -- -- [ICRA]D ISSUER NOT COOPERATING -- --
IL&FS Transportation Networks Limited
Rationale / Rating Methodologies
Roads [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IL&FS Wind Energy Limited
Rationale / Rating Methodologies
Power [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Imperial Tubes Private Limited
Rationale / Rating Methodologies
Ferrous metals -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Imperial Tubes Private Limited
Rationale / Rating Methodologies
Ferrous metals -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Imperial Tubes Private Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Imperiall Technoforge Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Imperiall Technoforge Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Imperiall Technoforge Private Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Imperus Ceramic Private Limited
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Imperus Ceramic Private Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Imperus Ceramic Private Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Ina Elite Hospitality Pvt Ltd
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Ind Swift Laboratories Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Ind Swift Laboratories Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Ind Swift Laboratories Limited
Rationale / Rating Methodologies
Pharmaceuticals -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Ind Swift Laboratories Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]D ISSUER NOT COOPERATING -- [ICRA]D ISSUER NOT COOPERATING -- --
Indera Ethnic & Designs Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Indera Ethnic & Designs Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Indera Ethnic & Designs Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
India Dairy Products Limited
Rationale / Rating Methodologies
Dairy products [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
India Dairy Products Limited
Rationale / Rating Methodologies
Dairy products -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
India Dairy Products Limited
Rationale / Rating Methodologies
Dairy products [ICRA]BB+ ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
India Golf Assets Private Limited
Rationale / Rating Methodologies
Real estate [ICRA]D ISSUER NOT COOPERATING -- -- -- --
India Golf Assets Private Limited
Rationale / Rating Methodologies
Real estate [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Indian Compressors Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Indian Compressors Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Indian Compressors Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Indian Compressors Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB+ ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
Indian Construction Company
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Indian Construction Company
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Indian Crop Science Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Indian Crop Science Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Indian Crop Science Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Indian Furniture Products Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB+(S)ISSUERNOTCOOPERATING -- -- -- Stable
Indian Furniture Products Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4+(S)ISSUERNOTCOOPERATING -- --
Indian Furniture Products Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB+(S)ISSUERNOTCOOPERATING -- -- -- Stable
Indian Gem & Jewellery Imperial Private Limited
Rationale / Rating Methodologies
Gems and jewellery [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Indian Gem & Jewellery Imperial Private Limited
Rationale / Rating Methodologies
Gems and jewellery [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Indiana Hospital and Heart Institute Limited
Rationale / Rating Methodologies
Healthcare [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Indiana Hospital and Heart Institute Limited
Rationale / Rating Methodologies
Healthcare -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Indiana Hospital and Heart Institute Limited
Rationale / Rating Methodologies
Healthcare [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Indo Dutch Carpet Mfg. Pvt. Ltd.
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Indo Dutch Carpet Mfg. Pvt. Ltd.
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Indo Vacuum Technologies Private Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Indo Vacuum Technologies Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Indo Vacuum Technologies Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Indo Vacuum Technologies Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Indraprastha Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Indraprastha Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Indure Private Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Indure Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Indus Integrated Information Management Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Indus Integrated Information Management Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Indus Integrated Information Management Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Indus Integrated Information Management Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Indus Integrated Information Management Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Indus Mega Food Park Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Inexo Cast Metal Solutions Pvt Ltd
Rationale / Rating Methodologies
Chemicals [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Infotel Business Solutions Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Infrastructure Leasing & Financial Services Limited
Rationale / Rating Methodologies
NBFC [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Infrastructure Leasing & Financial Services Limited
Rationale / Rating Methodologies
NBFC -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Infrastructure Leasing & Financial Services Limited
Rationale / Rating Methodologies
NBFC [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Instyle Exports Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Instyle Exports Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Instyle Exports Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]D ISSUER NOT COOPERATING -- --
International Fresh Farm Products India Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
International Fresh Farm Products India Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IREO Private Limited
Rationale / Rating Methodologies
Real estate [ICRA]D ISSUER NOT COOPERATING -- -- -- --
IREO Private Limited
Rationale / Rating Methodologies
Real estate [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