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
V Anantharaju & Sons (HUF)
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
V B Medicare Private Limited
Rationale / Rating Methodologies
Pharmaceuticals * -- * -- --
V Care Agritech
Rationale / Rating Methodologies
Seeds [ICRA]B+ -- -- -- Stable
V Care Agritech
Rationale / Rating Methodologies
Seeds -- -- [ICRA]A4 -- --
V Care Agritech
Rationale / Rating Methodologies
Seeds -- -- [ICRA]A4 -- --
V Care Agritech
Rationale / Rating Methodologies
Seeds [ICRA]B+ -- [ICRA]A4 -- Stable
V Care Seeds Private Limited
Rationale / Rating Methodologies
Seeds [ICRA]BB- -- -- -- Stable
V Care Seeds Private Limited
Rationale / Rating Methodologies
Seeds -- -- [ICRA]A4 -- --
V Care Seeds Private Limited
Rationale / Rating Methodologies
Seeds -- -- [ICRA]A4 -- --
V Care Seeds Private Limited
Rationale / Rating Methodologies
Seeds [ICRA]BB- -- [ICRA]A4 -- Stable
V K Industrial Corporation Limited
Rationale / Rating Methodologies
Trading [ICRA]BBB+ -- -- -- Stable
V K Industrial Corporation Limited
Rationale / Rating Methodologies
Trading -- -- [ICRA]A2+ -- --
V K Packwell Private Limited
Rationale / Rating Methodologies
PetroChemicals and Polymers ^ -- -- -- --
V K Udyog Limited
Rationale / Rating Methodologies
Trading ^ -- ^ -- --
V M S Nirman Private Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
V Ponnusamy Educational & Charitable Trust
Rationale / Rating Methodologies
Education ^ -- -- -- --
V S Engineering Private Limited
Rationale / Rating Methodologies
Construction [ICRA]BB- -- [ICRA]A4 -- Stable
V Star Creations Private Limited
Rationale / Rating Methodologies
Textiles * -- * -- --
V Thangavel & Sons Private Limited
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
V. K. Polychem Private Limited
Rationale / Rating Methodologies
Trading * -- * -- --
V. N. Dyers & Processors Private Ltd
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
V. N. Jewellers
Rationale / Rating Methodologies
Gems and jewellery ^ -- ^ -- --
V.B.Hydro Projects Limited
Rationale / Rating Methodologies
Power ^ -- -- -- --
V.C. Motors Private Limited
Rationale / Rating Methodologies
Automobile Dealerships -- -- ^ -- --
V.I.R Foods Limited
Rationale / Rating Methodologies
Agricultural Produce [ICRA]D -- -- -- --
V.I.R Foods Limited
Rationale / Rating Methodologies
Agricultural Produce [ICRA]D -- -- -- --
V.K. Gopal
Rationale / Rating Methodologies
Construction [ICRA]B -- -- -- Stable
V.K. Sood Engineer & Contractor DDS JV Unit III
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
V.K. Sood Engineers & Contractors Private Limited
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
V.K.S.M. Cotton Mills Limited
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
V.L. Raka Jewellers Private Limited
Rationale / Rating Methodologies
Gems and jewellery ^ -- -- -- --
V.M. Bakery Products Pvt. Ltd.
Rationale / Rating Methodologies
Food and food products [ICRA]B- -- -- -- Stable
V.M. Bakery Products Pvt. Ltd.
Rationale / Rating Methodologies
Food and food products [ICRA]B- -- -- -- Stable
V.M. Bakery Products Pvt. Ltd.
Rationale / Rating Methodologies
Food and food products [ICRA]B- -- -- -- Stable
V.M. Matere Infrastructures Private Limited
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
V.P.S. Textiles (India) Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D -- -- -- --
V.P.S. Textiles (India) Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D -- [ICRA]D -- --
V.P.S. Textiles (India) Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]D -- -- -- --
V.R.K. Associates Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]D ISSUER NOT COOPERATING -- -- -- --
V.S. Buildcon
Rationale / Rating Methodologies
Textiles ^ -- -- -- --
V.S. Ecoblocks Private Limited
Rationale / Rating Methodologies
Building materials [ICRA]B+ ISSUER NOT COOPERATING -- -- -- --
V.S. SelvaMaligai
Rationale / Rating Methodologies
Gems and jewellery ^ -- -- -- --
V.S.Shah & Co.
Rationale / Rating Methodologies
Construction ^ -- ^ -- --
V.S.T. And Sons Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BBB -- -- -- Stable
V.S.T. Auto Parts Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BBB -- -- -- Stable
V.S.T. Motors Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]BBB -- -- -- Stable
V.S.T. Tillers Tractors Limited
Rationale / Rating Methodologies
Automobile OEMs [ICRA]AA -- -- -- Negative
V.S.T. Tillers Tractors Limited
Rationale / Rating Methodologies
Automobile OEMs -- -- [ICRA]A1+ -- --
V.T. Foods Private Limited
Rationale / Rating Methodologies
Food and food products ^ -- ^ -- --
V.V. Ramasamy Chettiar & Co.
Rationale / Rating Methodologies
Agricultural Produce ^ -- ^ -- --
V.Y. Institute of Medical Sciences Private Limited
Rationale / Rating Methodologies
Healthcare ^ -- -- -- --
V3S Infratech Limited
Rationale / Rating Methodologies
Construction -- -- [ICRA]D ISSUER NOT COOPERATING -- --
V3S Infratech Limited
Rationale / Rating Methodologies
Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
VA Tech Wabag Limited
Rationale / Rating Methodologies
Construction [ICRA]AA- -- [ICRA]A1+ -- Negative
VA Tech Wabag Limited
Rationale / Rating Methodologies
Construction [ICRA]AA- -- [ICRA]A1+ -- Negative
VA Tech Wabag Limited
Rationale / Rating Methodologies
Construction [ICRA]AA- -- -- -- Negative
Vaas Exports
Rationale / Rating Methodologies
Trading -- -- ^ -- --
V-Access India Pvt. Ltd.
Rationale / Rating Methodologies
Auto Ancillaries [ICRA]BBB- -- -- -- Stable
Vachnamrut Residency
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
Vacuum Plant and Instruments Manufacturing Company Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A2 -- --
Vacuum Plant and Instruments Manufacturing Company Limited
Rationale / Rating Methodologies
Engineering [ICRA]BBB -- -- -- Stable
Vadehra Builders Private Limited
Rationale / Rating Methodologies
Textiles [ICRA]BB+ -- -- -- Stable
Vadehra Builders Private Limited
Rationale / Rating Methodologies
Textiles -- -- [ICRA]A4+ -- --
Vadera Tradelink Private Limited
Rationale / Rating Methodologies
Miscellaneous * -- -- -- --
Vadera Tradelink Private Limited
Rationale / Rating Methodologies
Miscellaneous * -- -- -- --
Vadim Infrastructure Private Limited
Rationale / Rating Methodologies
Construction [ICRA]BB- -- -- -- Stable
Vadim Infrastructure Private Limited
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 -- Stable
Vadim Infrastructure Private Limited
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 -- Stable
Vadim Infrastructure Private Limited
Rationale / Rating Methodologies
Construction -- -- [ICRA]A4 -- Stable
Vadim Infrastructure Private Limited
Rationale / Rating Methodologies
Construction [ICRA]BB- -- [ICRA]A4 -- Stable
Vadivel Pyrotechs Private Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Vadsola Ceramic
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B -- -- -- Stable
Vadsola Ceramic
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]A4 -- --
Vadsola Ceramic
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B -- -- -- Stable
Vagad Enterprises
Rationale / Rating Methodologies
Real estate * -- -- -- --
Vagdevi Food Products Pvt. Ltd
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ -- -- -- Stable
Vagdevi Food Products Pvt. Ltd
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ -- -- -- Stable
Vaghasiya Exports
Rationale / Rating Methodologies
Gems and jewellery -- -- * -- --
Vagus Super Specialty Hospital Private Limited
Rationale / Rating Methodologies
Healthcare ^ -- -- -- --
Vah Magna Retail Private Limited
Rationale / Rating Methodologies
Retail * -- -- -- --
Vaibhav Corporation Private Limited
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
Vaibhav Cotton Corporation
Rationale / Rating Methodologies
Textiles ^ -- -- -- --
Vaibhav Enterprises
Rationale / Rating Methodologies
Gems and jewellery ^ -- -- -- --
Vaibhav Gems
Rationale / Rating Methodologies
Gems and jewellery -- -- [ICRA]A4 -- --
Vaibhav Ginning & Spinning Mill Private Limited
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
Vaibhav Laxmi Exports Private Limited
Rationale / Rating Methodologies
Textiles ^ -- -- -- --
Vaibhav Laxmi Filaments Private Limited
Rationale / Rating Methodologies
Textiles ^ -- ^ -- --
Vaibhav Laxmi Tex Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B+ -- -- -- Stable
Vaibhava Enterprises Private Limited
Rationale / Rating Methodologies
Real estate * -- -- -- --
Vaidehi Enterprises
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Vaidyanath Sahakari Sakhar Karkhana Limited
Rationale / Rating Methodologies
Sugar ^ -- -- -- --
Vaighai Agro Products Limited
Rationale / Rating Methodologies
Solvent extraction [ICRA]BBB- ISSUER NOT COOPERATING -- [ICRA]A3 ISSUER NOT COOPERATING -- Stable
Vaighai Agro Products Limited
Rationale / Rating Methodologies
Solvent extraction [ICRA]BBB- ISSUER NOT COOPERATING -- [ICRA]A3 ISSUER NOT COOPERATING -- Stable
Vaighai Agro Products Limited
Rationale / Rating Methodologies
Solvent extraction [ICRA]BBB- ISSUER NOT COOPERATING -- [ICRA]A3 ISSUER NOT COOPERATING -- Stable
Vaighai Chemical Industries Limited
Rationale / Rating Methodologies
Chemicals [ICRA]BBB- -- -- -- Positive
Vaighai Chemical Industries Limited
Rationale / Rating Methodologies
Chemicals -- -- [ICRA]A3 -- --
Vaighai Chemical Industries Limited
Rationale / Rating Methodologies
Chemicals [ICRA]BBB- -- -- -- Positive
Vaighai Chemical Industries Limited
Rationale / Rating Methodologies
Chemicals [ICRA]BBB- -- -- -- Positive
Vaishali Export House
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
Vaishali Flour Mills
Rationale / Rating Methodologies
Agricultural Produce ^ -- ^ -- --