Alchemie Finechem Private Limited (erstwhile Alchemie Laboratories ): Ratings reaffirmed and assigned for enhanced amount
Alchemie Finechem Private Limited (erstwhile Alchemie Laboratories ): Ratings reaffirmed and assigned for enhanced amount
Chalet Hotels Limited: Ratings reaffirmed; assigned to NCD programme
Chalet Hotels Limited: Ratings reaffirmed; assigned to NCD programme
Champion Commercial Company Limited: Ratings Withdrawn
Champion Commercial Company Limited: Ratings Withdrawn
Chowgule Industries Private Limited: Continues to remain under Issuer Non-Cooperating category, Rating downgraded based on best available information
Chowgule Industries Private Limited: Continues to remain under Issuer Non-Cooperating category, Rating downgraded based on best available information
Goldmedal Electricals Private Limited: Ratings reaffirmed; rated amount enhanced
Goldmedal Electricals Private Limited: Ratings reaffirmed; rated amount enhanced
Hydromatik: Continues to remain under issuer Non-Cooperating category
Hydromatik: Continues to remain under issuer Non-Cooperating category
Indian Metals & Ferro Alloys Limited: Long-term rating upgraded to [ICRA]AA(Stable); short-term rating reaffirmed; rated amount enhanced
Indian Metals & Ferro Alloys Limited: Long-term rating upgraded to [ICRA]AA(Stable); short-term rating reaffirmed; rated amount enhanced
Jajodia Exports Pvt Ltd: Continues to remain under issuer Non-Cooperating category
Jajodia Exports Pvt Ltd: Continues to remain under issuer Non-Cooperating category
Karvy Stock Broking Limited: Continues to remain under issuer Non-Cooperating category
Karvy Stock Broking Limited: Continues to remain under issuer Non-Cooperating category
NeoGrowth Credit Private Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTC backed by MSME business loan receivables issued by Saturn 2025
NeoGrowth Credit Private Limited: Provisional [ICRA]A-(SO) assigned to Series A1 PTC backed by MSME business loan receivables issued by Saturn 2025
NeoGrowth Credit Private Limited: Ratings withdrawn for PTCs issued under two MSME business loan receivables
NeoGrowth Credit Private Limited: Ratings withdrawn for PTCs issued under two MSME business loan receivables
Sundaram Finance Limited: Rating reaffirmed for PTCs issued under vehicle loan securitisation transactions
Sundaram Finance Limited: Rating reaffirmed for PTCs issued under vehicle loan securitisation transactions
Northern Arc Capital Limited: Provisional ratings assigned to PTCs backed by consumer finance loan receivables (originated under co-lending partnerships) issued by Rudra Securitisation Trust V
Northern Arc Capital Limited: Provisional ratings assigned to PTCs backed by consumer finance loan receivables (originated under co-lending partnerships) issued by Rudra Securitisation Trust V
VEEFIN CAPITAL PRIVATE LIMITED: Provisional [ICRA]A1(SO) assigned to Series A1 PTC and Provisional [ICRA]A2(SO) assigned to Series A2 PTC to be issued by Trade Receivables Securitization Trust (TreSe)
VEEFIN CAPITAL PRIVATE LIMITED: Provisional [ICRA]A1(SO) assigned to Series A1 PTC and Provisional [ICRA]A2(SO) assigned to Series A2 PTC to be issued by Trade Receivables Securitization Trust (TreSe)
Arohan Financial Services Limited: Provisional ratings assigned to PTCs backed by microfinance loan receivables issued by Ascent Beta November 2025
Arohan Financial Services Limited: Provisional ratings assigned to PTCs backed by microfinance loan receivables issued by Ascent Beta November 2025
Chaitanya India Fin Credit Private Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by ELEVEN DOORS 2025, backed by a pool of microfinance loan receivables
Chaitanya India Fin Credit Private Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by ELEVEN DOORS 2025, backed by a pool of microfinance loan receivables
Chaitanya India Fin Credit Private Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by South Pole 2025, backed by a pool of microfinance loan receivables
Chaitanya India Fin Credit Private Limited: Provisional [ICRA]AA+(SO) assigned to PTC Series A1 issued by South Pole 2025, backed by a pool of microfinance loan receivables
CreditAccess Grameen Limited: Provisional [ICRA]AA+(SO) assigned to Series A1 PTC backed by microfinance loan receivables issued by PRADIX PTC Trust Nov 2025
CreditAccess Grameen Limited: Provisional [ICRA]AA+(SO) assigned to Series A1 PTC backed by microfinance loan receivables issued by PRADIX PTC Trust Nov 2025
CreditAccess Grameen Limited: Provisional [ICRA]AA+(SO) assigned to Series A1 PTCs backed by microfinance loan receivables issued by KARBAN PTC Trust Nov 2025
CreditAccess Grameen Limited: Provisional [ICRA]AA+(SO) assigned to Series A1 PTCs backed by microfinance loan receivables issued by KARBAN PTC Trust Nov 2025
ICRA's Rating process starts when the issuer contacts
our business team to engage our services.
Mr. Girishkumar Kadam,Mr. Ankit Jain,Mr. Sumit Jhunjhunwala
17 Dec 2025 04:00 PMAnupama Reddy,Abhishek Lahoti
26 Nov 2025 04:00 PMGirishkumar Kadam,Ankit Jain,Rachit Mehta
20 Nov 2025 04:00 PM
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