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
S & P Feeds Private Limited
Rationale / Rating Methodologies
Poultry ^ -- -- -- --
S & S Technocrats Private Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- -- -- --
S & T Mining Company Private Limited
Rationale / Rating Methodologies
Mining [ICRA]BBB+ ISSUER NOT COOPERATING -- -- -- Stable
S & T Mining Company Private Limited
Rationale / Rating Methodologies
Mining [ICRA]BBB+ ISSUER NOT COOPERATING -- -- -- Stable
S & T Mining Company Private Limited
Rationale / Rating Methodologies
Mining [ICRA]BBB+ ISSUER NOT COOPERATING -- -- -- Stable
S A Iron & Alloys Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
S A Iron & Alloys Private Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
S A Iron & Alloys Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
S B & T Designs Limited
Rationale / Rating Methodologies
Miscellaneous -- -- ^ -- --
S B & T International Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
S C Chemicals
Rationale / Rating Methodologies
Miscellaneous * -- * -- --
S C Motors
Rationale / Rating Methodologies
Automobile Dealerships ^ -- -- -- --
S D Bansal Iron & Steel Private Limited
Rationale / Rating Methodologies
Ferrous metals ^ -- -- -- --
S D Rice Mills
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
S J Contracts Private Limited
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
S K Marketing
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
S Kant Healthcare Ltd.
Rationale / Rating Methodologies
Pharmaceuticals ^ -- ^ -- --
S Kumars Nationwide Limited
Rationale / Rating Methodologies
Textiles * -- * -- --
S M Rolling Works
Rationale / Rating Methodologies
Auto Ancillaries ^ -- ^ -- --
S M Steels
Rationale / Rating Methodologies
Trading [ICRA]BB+ -- -- -- Stable
S M Steels
Rationale / Rating Methodologies
Trading [ICRA]BB+ -- [ICRA]A4+ -- Stable
S M Steels
Rationale / Rating Methodologies
Trading -- -- [ICRA]A4+ -- --
S N Tradelink Private Limited
Rationale / Rating Methodologies
Trading [ICRA]BB- -- [ICRA]A4 -- Stable
S P Developers and Decorators
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ -- [ICRA]A4 -- --
S R Ashok & Associates Private Limited
Rationale / Rating Methodologies
Construction ^ -- -- -- --
S R R Jewels
Rationale / Rating Methodologies
Miscellaneous -- -- ^ -- --
S S Comfort Systems Private Limited
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
S V Creditline Limited
Rationale / Rating Methodologies
Microfinance Institution [ICRA]BBB- -- -- -- Stable
S V Creditline Limited
Rationale / Rating Methodologies
Microfinance Institution [ICRA]BBB- -- -- -- Stable
S V Creditline Limited
Rationale / Rating Methodologies
Microfinance Institution [ICRA]BBB- -- -- -- Stable
S V Creditline Limited
Rationale / Rating Methodologies
Microfinance Institution -- -- * -- --
S V Creditline Limited
Rationale / Rating Methodologies
Microfinance Institution [ICRA]BBB+(SO)! -- -- -- --
S V Ispat Private Limited
Rationale / Rating Methodologies
Mining ^ -- ^ -- --
S&IB Services Private Limited
Rationale / Rating Methodologies
Manpower Outsourcing and Security Services [ICRA]BBB+ -- -- -- Stable
S&IB Services Private Limited
Rationale / Rating Methodologies
Manpower Outsourcing and Security Services -- -- [ICRA]A2+ -- --
S&IB Services Private Limited
Rationale / Rating Methodologies
Manpower Outsourcing and Security Services [ICRA]BBB+ -- [ICRA]A2+ -- Stable
S&IB Services Private Limited
Rationale / Rating Methodologies
Manpower Outsourcing and Security Services [ICRA]BBB+ -- -- -- Stable
S&J Granulate Solutions (P) Ltd
Rationale / Rating Methodologies
Tyres [ICRA]D -- -- -- --
S&P Infrastructure Developers Private Limited
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
S&P Infrastructure Developers Private Limited
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
S&P Infrastructure Developers Private Limited
Rationale / Rating Methodologies
Construction [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
S&P Structurals Private Limited
Rationale / Rating Methodologies
Construction * -- * -- --
S&S Green Projects Green Fields
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
S&S Infra Management India Private Limited
Rationale / Rating Methodologies
Building materials ^ -- -- -- --
S. A. Exports
Rationale / Rating Methodologies
Seafoods ^ -- ^ -- --
S. C. Shah Enterprises.
Rationale / Rating Methodologies
Trading ^ -- ^ -- --
S. D. Corporation Private Limited
Rationale / Rating Methodologies
Miscellaneous -- -- Provisional[ICRA]A1+(SO)& -- --
S. D. Corporation Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]AA-(SO)& -- -- -- --
S. D. Corporation Private Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A1+(SO)& -- --
S. H. Ispat Udyog Private Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
S. J. Logistics (India) Limited (erstwhile S. J. Logistics (India) Pvt. Ltd.)
Rationale / Rating Methodologies
Port support services * -- -- -- --
S. K. Exports (Lower Parel)
Rationale / Rating Methodologies
Footwear and leather products [ICRA]BB- ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
S. K. Exports (Lower Parel)
Rationale / Rating Methodologies
Footwear and leather products [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
S. K. S. Educational and Social Trust
Rationale / Rating Methodologies
Education [ICRA]BBB ISSUER NOT COOPERATING -- -- -- Stable
S. K. S. Educational and Social Trust
Rationale / Rating Methodologies
Education [ICRA]BBB ISSUER NOT COOPERATING -- -- -- Stable
S. Nanda Industries Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
S. Nanda Industries Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
S. Narayana Reddy
Rationale / Rating Methodologies
Construction [ICRA]BB+ ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
S. Narayana Reddy
Rationale / Rating Methodologies
Construction [ICRA]BB+ ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
S. P. Jaiswal Estates Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
S. Satyanarayana & Co.
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
S. Venugopala Reddy
Rationale / Rating Methodologies
Real estate [ICRA]BB+ -- -- -- Stable
S. Venugopala Reddy
Rationale / Rating Methodologies
Real estate [ICRA]BB+ -- -- -- Stable
S. Venugopala Reddy
Rationale / Rating Methodologies
Real estate [ICRA]BB+ -- -- -- Stable
S.A. Anandan Spinning Mills Pvt. Ltd.
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
S.A.M Apparels Pvt. Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 -- --
S.A.M Apparels Pvt. Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 -- --
S.A.N. Garment Manufacturing Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A3 -- --
S.A.N. Garment Manufacturing Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A3 -- --
S.A.N. Garment Manufacturing Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]BBB- -- -- -- Negative
S.A.N. Garment Manufacturing Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]BBB- -- -- -- Negative
S.B Equipments
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
S.B. Cars Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
S.B. Sahoo & Co. Pvt. Ltd.
Rationale / Rating Methodologies
Trading [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
S.B. Syscon Private Limited
Rationale / Rating Methodologies
Trading ^ -- -- -- --
S.D. Education Trust
Rationale / Rating Methodologies
Education [ICRA]D ISSUER NOT COOPERATING -- -- -- --
S.E. Builders and Realtors Limited
Rationale / Rating Methodologies
Real estate [ICRA]BBB+ -- -- -- Stable
S.Gopal Kamath (Cochin) Private Limited
Rationale / Rating Methodologies
Distributors * -- * -- --
S.K Foods
Rationale / Rating Methodologies
Agricultural Produce [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
S.K. Agarwalla
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
S.K. Agros
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
S.K. Agros
Rationale / Rating Methodologies
Agricultural Produce [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
S.K. Corporation
Rationale / Rating Methodologies
Real estate * -- * -- --
S.K. Exports
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 -- --
S.K. Exports
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 -- --
S.K. Exports
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 -- --
S.K. Gold Chain Company Private Limited
Rationale / Rating Methodologies
Gems and jewellery ^ -- -- -- --
S.K. Heights Private Limited
Rationale / Rating Methodologies
Real estate [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
S.K. Polyfoams Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
S.K. Rice Industries
Rationale / Rating Methodologies
Agricultural Produce ^ -- -- -- --
S.K. Solvex Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
S.K.Cotton Industries
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
S.K.Cotton Industries
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
S.K.Cotton Industries
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
S.K.L. Exports
Rationale / Rating Methodologies
Textiles [ICRA]BB ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
S.K.L. Exports
Rationale / Rating Methodologies
Textiles [ICRA]BB ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
S.K.R. Constructions
Rationale / Rating Methodologies
Construction [ICRA]BB+ -- [ICRA]A4+ -- Positive
S.K.R. Constructions
Rationale / Rating Methodologies
Construction [ICRA]BB+ -- -- -- Positive
S.K.Somaiya College of Arts, Science & Commerce
Rationale / Rating Methodologies
Education ^ -- -- -- --
S.K.T.Textile Mills
Rationale / Rating Methodologies
Textiles [ICRA]BB+ -- -- -- Stable