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
Q2Q Solutions Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
QDigi Services Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]AA(CE) -- -- -- Stable
QDigi Services Limited
Rationale / Rating Methodologies
Electronics and Electricals -- -- [ICRA]A1+(CE) -- --
Qi Network Enterprises Private Limited
Rationale / Rating Methodologies
Telecom [ICRA]BB -- -- -- Stable
Qi Network Enterprises Private Limited
Rationale / Rating Methodologies
Telecom -- -- [ICRA]A4+ -- --
Qrex Flex Private Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
QRG Enterprises Limited
Rationale / Rating Methodologies
Miscellaneous -- * -- -- --
Qua Water Technologies Pvt. Ltd.
Rationale / Rating Methodologies
Engineering [ICRA]BB -- -- -- Stable
Qua Water Technologies Pvt. Ltd.
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 -- --
Qua Water Technologies Pvt. Ltd.
Rationale / Rating Methodologies
Engineering [ICRA]BB -- -- -- Stable
QuadGen Wireless Solutions Private Limited
Rationale / Rating Methodologies
Miscellaneous * -- * -- --
Qualiance International Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 -- --
Quality Cine Labs Private Limited
Rationale / Rating Methodologies
Media and Entertainment * -- -- -- --
Quality Construction Developers
Rationale / Rating Methodologies
Real estate * -- -- -- --
Quality Engineering and Software Technologies Private Limited
Rationale / Rating Methodologies
Information Technology and BPO * -- * -- --
Quality Exim Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]BBB+ -- -- -- Negative
Quality Exim Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]BBB+ -- -- -- Negative
Quality Foils (India) Private Limited
Rationale / Rating Methodologies
Ferrous metals * -- * -- --
Quality Heightcon Private Limited
Rationale / Rating Methodologies
Construction [ICRA]BB -- [ICRA]A4 -- Negative
Quality Heightcon Private Limited
Rationale / Rating Methodologies
Construction [ICRA]BB -- -- -- Negative
Quality Heightcon Private Limited
Rationale / Rating Methodologies
Construction [ICRA]BB -- -- -- Negative
Quality Heightcon Private Limited
Rationale / Rating Methodologies
Construction [ICRA]BB -- [ICRA]A4 -- Negative
Quality Mint & Allied Chemicals
Rationale / Rating Methodologies
Agricultural Produce ^ -- ^ -- --
Quality Needles Private Limited
Rationale / Rating Methodologies
Medical Products and Devices [ICRA]A -- -- -- Stable
Quality Needles Private Limited
Rationale / Rating Methodologies
Medical Products and Devices [ICRA]A -- -- -- Stable
Quality Profiles Private Limited
Rationale / Rating Methodologies
Ferrous metals ^ -- ^ -- --
Quality Stainless Private Limited
Rationale / Rating Methodologies
Ferrous metals ^ -- ^ -- --
Quality Tea Plantations Private Limited
Rationale / Rating Methodologies
Tea and coffee ^ -- -- -- --
Quality Woven Sacks Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Quality Woven Sacks Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Quantum Asset Management Company Private Limited
Rationale / Rating Methodologies
Asset Management Companies [ICRA]AAAmfs -- -- -- --
Quantum Asset Management Company Private Limited
Rationale / Rating Methodologies
Asset Management Companies -- -- [ICRA]A1+mfs -- --
Quatro Rail Tech Solutions Limited
Rationale / Rating Methodologies
Telecom [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Quatro Rail Tech Solutions Limited
Rationale / Rating Methodologies
Telecom [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
Quattro Engineering India Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB- -- -- -- Stable
Quattro Engineering India Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB- -- -- -- Stable
Quattro Engineering India Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 -- --
Quench Soft Solutions Private Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
Quess Corp Limited
Rationale / Rating Methodologies
Manpower Outsourcing and Security Services [ICRA]AA -- -- -- Stable
Quess Corp Limited
Rationale / Rating Methodologies
Manpower Outsourcing and Security Services [ICRA]AA -- -- -- Stable
Quess Corp Limited
Rationale / Rating Methodologies
Manpower Outsourcing and Security Services -- -- [ICRA]A1+ -- --
Quess Corp Limited
Rationale / Rating Methodologies
Manpower Outsourcing and Security Services -- -- [ICRA]A1+ -- --
Quesscorp Holdings Pte. Ltd.
Rationale / Rating Methodologies
Holding company * -- -- -- --
QuEST Global SEZ Private Limited
Rationale / Rating Methodologies
Real estate * -- * -- --
QuEST Holding Co., Inc
Rationale / Rating Methodologies
Holding company * -- -- -- --
Quick Builders
Rationale / Rating Methodologies
Construction [ICRA]BB -- -- -- Stable
Quick Builders
Rationale / Rating Methodologies
Construction [ICRA]BB -- -- -- Stable
Quick Builders
Rationale / Rating Methodologies
Construction [ICRA]BB -- -- -- Stable
Quick Foods Co.
Rationale / Rating Methodologies
Food and food products ^ -- ^ -- --
Quilon Foods Private Limited
Rationale / Rating Methodologies
Agricultural Produce * -- -- -- --
Quinnox Consultancy Services Limited
Rationale / Rating Methodologies
Information Technology and BPO ^ -- ^ -- --
Quintegra Solutions Limited
Rationale / Rating Methodologies
Information Technology and BPO * -- -- -- --
Qureshi International Private Limited
Rationale / Rating Methodologies
Food and food products [ICRA]B+ -- -- -- Stable
QVC Reality Co. Limited
Rationale / Rating Methodologies
Real estate * -- -- -- --
Recent Releases

  • Adinath Silks Private Limited (Erst Adinath Silks Limited): Moved to Non-Cooperating category, Ratings downgraded based on best available information

    Rationale / 29 Sep 2020

  • Goldcoin Foam Private Limited: Rating Withdrawn

    Rationale / 29 Sep 2020

  • Andhra Pradesh Urban Finance and Infrastructure Development Corporation Ltd.: Rating assigned

    Rationale / 29 Sep 2020