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 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
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 * -- -- -- --
S A Iron & Alloys Private Limited
Rationale / Rating Methodologies 		Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
S A Iron & Alloys Private Limited
Rationale / Rating Methodologies 		Ferrous metals -- -- [ICRA]D ISSUER NOT COOPERATING -- --
S A Iron & Alloys Private Limited
Rationale / Rating Methodologies 		Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
S A Trading Company
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]A4+ -- --
S M Steels
Rationale / Rating Methodologies 		Trading [ICRA]BB+ -- [ICRA]A4+ -- Stable
S N Tradelink Private Limited
Rationale / Rating Methodologies 		Trading ^ -- ^ -- --
S R Ashok & Associates Private Limited
Rationale / Rating Methodologies 		Construction ^ -- -- -- --
S R R Jewels
Rationale / Rating Methodologies 		Miscellaneous -- -- ^ -- --
S R Tranzcars Private Limited
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]B- -- -- -- Stable
S R Tranzcars Private Limited
Rationale / Rating Methodologies 		Automobile Dealerships -- -- [ICRA]A4 -- --
S R Tranzcars Private Limited
Rationale / Rating Methodologies 		Automobile Dealerships [ICRA]B- -- -- -- Stable
S S Comfort Systems Private Limited
Rationale / Rating Methodologies 		Construction ^ -- ^ -- --
S S Super Foods Private Limited
Rationale / Rating Methodologies 		Agricultural Produce [ICRA]BB -- -- -- Stable
S V Creditline Limited
Rationale / Rating Methodologies 		NBFC * -- -- -- --
S V Creditline Limited
Rationale / Rating Methodologies 		NBFC * -- -- -- --
S V Creditline Limited
Rationale / Rating Methodologies 		NBFC * -- -- -- --
S V Creditline Limited
Rationale / Rating Methodologies 		NBFC -- -- * -- --
S V Creditline Limited
Rationale / Rating Methodologies 		NBFC [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]A- -- [ICRA]A2+ -- Stable
S&IB Services Private Limited
Rationale / Rating Methodologies 		Manpower Outsourcing and Security Services [ICRA]A- -- -- -- 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]A2+ -- --
S&J Granulate Solutions (P) Ltd
Rationale / Rating Methodologies 		Tyres [ICRA]D ISSUER NOT COOPERATING -- -- -- --
S&P Infrastructure Developers Private Limited
Rationale / Rating Methodologies 		Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
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 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 -- -- * -- --
S. D. Corporation Private Limited
Rationale / Rating Methodologies 		Miscellaneous * -- -- -- --
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

Read more
ICRA Special Comments
Festive season boosted most non-auto lead indicators in October 2021
Key Economic Indicators / Nov 2021 Reported NPAs to spike in the near term in view of the RBI’s revised NPA recognition and upgradation norms
NBFC – Retail & Commercial Finance / Nov 2021 Reported NPAs to spike in the near term in view of the RBI’s revised NPA recognition and upgradation norms
Housing Finance Companies / Nov 2021 Read more