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
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
Zaveri Exports Private Limited
Rationale / Rating Methodologies
Gems and jewellery [ICRA]B- ISSUER NOT COOPERATING -- -- -- Stable
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 -- -- -- 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]A4 ISSUER NOT COOPERATING -- --
Zed Vitrified Private Limited
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
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 -- -- -- --
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
Zeta Microns LLP
Rationale / Rating Methodologies
Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Zeta Microns LLP
Rationale / Rating Methodologies
Utilities [ICRA]B ISSUER NOT COOPERATING -- -- -- Stable
Zeta Microns LLP
Rationale / Rating Methodologies
Utilities -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Zetek Castings Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Zetek Castings Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Zetek Castings Private Limited
Rationale / Rating Methodologies
Engineering [ICRA]BB ISSUER NOT COOPERATING -- -- -- Stable
Zetek Castings Private Limited
Rationale / Rating Methodologies
Engineering -- -- [ICRA]A4+ ISSUER NOT COOPERATING -- --
Zibon Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zibon Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Ceramic tiles -- -- [ICRA]A4 ISSUER NOT COOPERATING -- --
Zibon Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- [ICRA]A4 ISSUER NOT COOPERATING -- Stable
Zibon Ceramic Pvt. Ltd.
Rationale / Rating Methodologies
Ceramic tiles [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zillion Infraprojects Private Limited (Formerly known as Durha Constructions Private Limited)
Rationale / Rating Methodologies
Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Zillion Infraprojects Private Limited (Formerly known as Durha Constructions Private Limited)
Rationale / Rating Methodologies
Construction [ICRA]D ISSUER NOT COOPERATING -- -- -- --
Zinzuwadia Brothers Jewellers
Rationale / Rating Methodologies
Gems and jewellery [ICRA]BB- ISSUER NOT COOPERATING -- -- -- Stable
Zippy Edible Products Private Limited
Rationale / Rating Methodologies
Solvent extraction [ICRA]B+ ISSUER NOT COOPERATING -- -- -- Stable
Zippy Edible Products Private Limited
Rationale / Rating Methodologies
Solvent extraction [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