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
U Goenka Sons Private Limited
Rationale / Rating Methodologies
Trading -- -- [ICRA]D ISSUER NOT COOPERATING -- --
U Goenka Sons Private Limited
Rationale / Rating Methodologies
Trading [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Udagiri Sugar and Power Limited
Rationale / Rating Methodologies
Sugar [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Udagiri Sugar and Power Limited
Rationale / Rating Methodologies
Sugar [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Uma Rani Agrotech Private Limited
Rationale / Rating Methodologies
Agricultural Produce [ICRA]C+ ISSUER NOT COOPERATING -- -- -- --
Uma Rani Agrotech Private Limited
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Uma Rani Agrotech Private Limited
Rationale / Rating Methodologies
Agricultural Produce [ICRA]C+ ISSUER NOT COOPERATING -- -- -- --
Umesh & Bros. Construction
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Umesh & Bros. Construction
Rationale / Rating Methodologies
Construction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Umiya Industries
Rationale / Rating Methodologies
Trading [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Umiya Industries
Rationale / Rating Methodologies
Trading -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Uni Deritend Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]BBB ISSUER NOT COOPERATING -- -- -- Stable
Uni Deritend Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]BBB ISSUER NOT COOPERATING -- -- -- Stable
Uni Deritend Limited
Rationale / Rating Methodologies
Ferrous metals -- -- [ICRA]A3+ ISSUER NOT COOPERATING -- --
Unicon Engineers
Rationale / Rating Methodologies
Engineering [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Unicon Engineers
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Unicon Engineers
Rationale / Rating Methodologies
Engineering [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Unicure Remedies Private Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Unicure Remedies Private Limited
Rationale / Rating Methodologies
Pharmaceuticals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Unicure Remedies Private Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Unicure Remedies Private Limited
Rationale / Rating Methodologies
Pharmaceuticals [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Unihira Exports Private Limited
Rationale / Rating Methodologies
Seafoods -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Union Enterprises
Rationale / Rating Methodologies
Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Union Enterprises
Rationale / Rating Methodologies
Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Union Enterprises
Rationale / Rating Methodologies
Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- [ICRA]D ISSUER NOT COOPERATING -- --
Uniply Decor Limited
Rationale / Rating Methodologies
Timbers and Plywood etc [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Uniply Decor Limited
Rationale / Rating Methodologies
Timbers and Plywood etc -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Uniply Decor Limited
Rationale / Rating Methodologies
Timbers and Plywood etc -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Unique Gems
Rationale / Rating Methodologies
Gems and jewellery [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Unique Multifilms Virudhunagar Private Limited
Rationale / Rating Methodologies
Packaging [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Unique Multifilms Virudhunagar Private Limited
Rationale / Rating Methodologies
Packaging -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Unique Ship Breaking Corporation
Rationale / Rating Methodologies
Shipbreaking -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Uni-Tech Automation Private Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Uni-Tech Automation Private Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Uni-Tech Automation Private Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]BB+ ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
Unitech Cotspin Limited.
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Unitech Cotspin Limited.
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Unitech Cotspin Limited.
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Unitech Mercantile Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
United Coke Private Limited
Rationale / Rating Methodologies
Chemicals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
United Coke Private Limited
Rationale / Rating Methodologies
Chemicals [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
United Composheets Private Limited
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
United Composheets Private Limited
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
United Concepts & Solutions Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
United Concepts & Solutions Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
United Concepts & Solutions Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
United Concepts & Solutions Private Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]D ISSUER NOT COOPERATING -- --
United Electricals & Engineering Pvt Ltd
Rationale / Rating Methodologies
Engineering [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
United Electricals & Engineering Pvt Ltd
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
United Electricals & Engineering Pvt Ltd
Rationale / Rating Methodologies
Engineering [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
United Electricals & Engineering Pvt Ltd
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
United Electricals & Engineering Pvt Ltd
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
United Hotels & Properties Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]C ISSUER NOT COOPERATING -- -- -- --
United Hotels & Properties Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]C ISSUER NOT COOPERATING -- -- -- --
United Hotels & Properties Private Limited
Rationale / Rating Methodologies
Tourism Hotels and restaurant [ICRA]C ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- --
United Nanotechnologies Limited
Rationale / Rating Methodologies
Miscellaneous -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
United Nanotechnologies Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
United Nanotechnologies Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
United Nanotechnologies Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B- ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
United Seamless Tubulaar Private Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- -- -- --
United Seamless Tubulaar Private Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]D ISSUER NOT COOPERATING -- [ICRA]D ISSUER NOT COOPERATING -- --
United Technomech Engineers Private Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
United Technomech Engineers Private Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
United Technomech Engineers Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
United Telecoms Limited
Rationale / Rating Methodologies
Telecom -- -- [ICRA]D ISSUER NOT COOPERATING -- --
United Telecoms Limited
Rationale / Rating Methodologies
Telecom [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Universal Freight Management (India) Private Limited
Rationale / Rating Methodologies
Port support services [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Universal Freight Management (India) Private Limited
Rationale / Rating Methodologies
Port support services [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Universal India Agro Foods
Rationale / Rating Methodologies
Miscellaneous [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Upper India Smelting & Refinery Works
Rationale / Rating Methodologies
Non-ferrous metals [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Upper India Smelting & Refinery Works
Rationale / Rating Methodologies
Non-ferrous metals [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Upper India Smelting & Refinery Works
Rationale / Rating Methodologies
Non-ferrous metals -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Urja Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Urja Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Urja Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Urvesh Psyllium Industries Ltd.
Rationale / Rating Methodologies
Agricultural Produce [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Urvesh Psyllium Industries Ltd.
Rationale / Rating Methodologies
Agricultural Produce -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
USHA Shriram Enterprises Private Limited
Rationale / Rating Methodologies
Consumer durables [ICRA]BB ISSUER NOT COOPERATING -- [ICRA]A4+ ISSUER NOT COOPERATING -- Stable
USHA Shriram Enterprises Private Limited
Rationale / Rating Methodologies
Consumer durables [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
USHA Shriram Enterprises Private Limited
Rationale / Rating Methodologies
Consumer durables -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
USHA Shriram Enterprises Private Limited
Rationale / Rating Methodologies
Consumer durables -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Utkal Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Utkal Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Utkal Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BB+ ISSUER NOT COOPERATING -- -- -- Stable
Utkal Automobiles Private Limited
Rationale / Rating Methodologies
Automobile Dealerships -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Uttarayan Foods Private Limited
Rationale / Rating Methodologies
Logistics -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Uttarayan Foods Private Limited
Rationale / Rating Methodologies
Logistics [ICRA]C+ ISSUER NOT COOPERATING -- -- -- --
Uttarayan Foods Private Limited
Rationale / Rating Methodologies
Logistics [ICRA]C+ ISSUER NOT COOPERATING -- -- -- --
Uttarayan Steel Private Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Uttarayan Steel Private Limited
Rationale / Rating Methodologies
Ferrous metals [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
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