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
Z Estates Private Limited
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
Z Square Shopping Mall Private Limited
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
Z V Steels Private Limited
Rationale / Rating Methodologies
Trading * -- * -- --
Zacci Diamond India Private Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- -- -- --
Zadafiya Creations Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Zadafiya Creations Pvt. Ltd.
Rationale / Rating Methodologies
Textiles [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Zamil Steel Buildings India Private Limited
Rationale / Rating Methodologies
Engineering * -- * -- --
Zandros Granito LLP
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Zandros Granito LLP
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zandros Granito LLP
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zanzar Jewellers Private Limited
Rationale / Rating Methodologies
Gems and jewellery ^ -- -- -- --
Zaveri Exports Private Limited
Rationale / Rating Methodologies
Gems and jewellery [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Zazsons Exports Limited
Rationale / Rating Methodologies
Miscellaneous ^ -- ^ -- --
Zeal Metaliks Private Limited
Rationale / Rating Methodologies
Gems and jewellery ^ -- ^ -- --
Zealtop Granito Private Limited
Rationale / Rating Methodologies
Ceramic tiles ^ -- ^ -- --
Zeba Agro Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous ^ -- -- -- --
Zeco Aircon Ltd
Rationale / Rating Methodologies
Building materials [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zeco Aircon Ltd
Rationale / Rating Methodologies
Building materials -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Zeco Aircon Ltd
Rationale / Rating Methodologies
Building materials [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zeco Aircon Ltd
Rationale / Rating Methodologies
Building materials [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Zed Vitrified Private Limited
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Zed Vitrified Private Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zed Vitrified Private Limited
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Zed Vitrified Private Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zed Vitrified Private Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Zee Fabrics Inc
Rationale / Rating Methodologies
Textiles ^ -- -- -- --
Zee Media Corporation Limited
Rationale / Rating Methodologies
Media and Entertainment * -- * -- --
Zeiss Pharmaceuticals Pvt. Ltd.
Rationale / Rating Methodologies
Miscellaneous * -- -- -- --
ZenBrain Systems Private Limited
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
ZenBrain Systems Private Limited
Rationale / Rating Methodologies
Real estate ^ -- -- -- --
Zenica Cars India Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Zenica Performance Cars Private Limited
Rationale / Rating Methodologies
Automobile Dealerships -- -- [ICRA]D ISSUER NOT COOPERATING -- --
Zenica Performance Cars Private Limited
Rationale / Rating Methodologies
Automobile Dealerships [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Zenith Computers Limited
Rationale / Rating Methodologies
Information Technology and BPO ^ -- -- -- --
Zenith Engineering Corporation
Rationale / Rating Methodologies
Electronics and Electricals ^ -- -- -- --
Zenith Exports Limited
Rationale / Rating Methodologies
Miscellaneous [ICRA]B+ -- [ICRA]A4 -- Stable
Zenith Forge Private Limited
Rationale / Rating Methodologies
Auto Ancillaries -- -- * -- --
Zenith Forge Private Limited
Rationale / Rating Methodologies
Auto Ancillaries * -- -- -- --
Zenith Forge Private Limited
Rationale / Rating Methodologies
Auto Ancillaries * -- -- -- --
Zenith Forge Private Limited
Rationale / Rating Methodologies
Auto Ancillaries -- -- * -- --
Zenith Precision Pvt Ltd
Rationale / Rating Methodologies
Engineering [ICRA]BB- -- -- -- Stable
Zenith Precision Pvt Ltd
Rationale / Rating Methodologies
Engineering [ICRA]BB- -- -- -- Stable
Zenith Precision Pvt Ltd
Rationale / Rating Methodologies
Engineering [ICRA]BB- -- [ICRA]A4 -- Stable
Zenith Rockproducts Private Limited
Rationale / Rating Methodologies
Trading ^ -- -- -- --
Zensar Technologies Limited
Rationale / Rating Methodologies
Information Technology and BPO [ICRA]AA+ -- [ICRA]A1+ -- Stable
Zensar Technologies Limited
Rationale / Rating Methodologies
Information Technology and BPO [ICRA]AA+ -- -- -- Stable
Zest Infrastructure Private Limited
Rationale / Rating Methodologies
Real estate * -- -- -- --
Zeta Industrial Corporation Private Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Zeta Industrial Corporation Private Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
Zeta Industrial Corporation Private Limited
Rationale / Rating Methodologies
Electronics and Electricals [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable