Company Name Rated Amount
(In Rs. crore)
Ratings Rating Date
Dixon Technologies (India) Limited (erstwhile Dixon Technologies (India) Private Limited) 100 [ICRA]A1+ 21 Sep 2020
Mosaic India Private Limited 200 [ICRA]A1+ 21 Sep 2020
Vaya Finserv Private Limited 50 [ICRA]A3+& 21 Sep 2020
Godrej & Boyce Manufacturing Company Limited 700 [ICRA]A1+ 18 Sep 2020
The Ramco Cements Limited 900 [ICRA]A1+ 18 Sep 2020
United Breweries Limited 200 [ICRA]A1+ 18 Sep 2020
United Breweries Limited 300 [ICRA]A1+ 18 Sep 2020
Time Technoplast Limited 200 [ICRA]A1+ 14 Sep 2020
Action Construction Equipment Ltd. 35 [ICRA]A1+ 11 Sep 2020
Escorts Limited 200 [ICRA]A1+ 11 Sep 2020
Fortis Healthcare Holdings Private Limited 500 [ICRA]D ISSUER NOT COOPERATING 11 Sep 2020
HDFC Credila Financial Services Private Limited 1000 [ICRA]A1+ 11 Sep 2020
Moneywise Financial Services Private Limited 0 * 11 Sep 2020
National Bank for Agriculture and Rural Development 50000 [ICRA]A1+ 11 Sep 2020
Tata Realty and Infrastructure Limited 2200 [ICRA]A1+ 11 Sep 2020
Visage Holdings & Finance Pvt. Ltd. 50 [ICRA]A3 11 Sep 2020
Bharti Infratel Limited 6000 [ICRA]A1+ 07 Sep 2020
Indus Towers Limited 2500 [ICRA]A1+ 07 Sep 2020
KRBL Limited 500 [ICRA]A1+ 07 Sep 2020
KRIBHCO Fertilizers Limited 800 [ICRA]A1+ 07 Sep 2020
Krishak Bharati Cooperative Limited 100 [ICRA]A1+ 07 Sep 2020
Narayana Hrudayalaya Limited 0 * 07 Sep 2020
Schwing Stetter India Private Limited 0 * 07 Sep 2020
Sharekhan BNP Paribas Financial Services Limited 2700 [ICRA]A1+ 07 Sep 2020
Sify Technologies Limited 50 [ICRA]A1+ 07 Sep 2020
Axis Securities Limited 1000 [ICRA]A1+ 04 Sep 2020
Bahadur Chand Investments Private Limited 2500 [ICRA]A1+ 04 Sep 2020
Endurance Technologies Limited 100 [ICRA]A1+ 04 Sep 2020
Indian Farmers Fertiliser Cooperative Limited 156 [ICRA]A1+ 04 Sep 2020
KEI Industries Limited 40 [ICRA]A1 04 Sep 2020
Reliance Industries Limited 10000 [ICRA]A1+ 04 Sep 2020
Reliance Securities Limited 200 [ICRA]A4 04 Sep 2020
Aditya Birla Fashion and Retail Limited 2000 [ICRA]A1+ 31 Aug 2020
Haldia Petrochemicals Limited 0 * 31 Aug 2020
Britannia Industries Limited 1279 [ICRA]A1+ 28 Aug 2020
CreditAccess Grameen Limited 500 [ICRA]A1+ 28 Aug 2020
Motherson Sumi Systems Limited 150 [ICRA]A1+ 28 Aug 2020
Nahar Capital and Financial Services Ltd 25 [ICRA]A1+ 28 Aug 2020
NIIF Infrastructure Finance Limited 600 [ICRA]A1+ 28 Aug 2020
Nirma Limited 1500 [ICRA]A1+ 28 Aug 2020
Updater Services Private Limited 30 [ICRA]A1+ 28 Aug 2020
Kotak Infrastructure Debt Fund Limited 50 [ICRA]A1+ 24 Aug 2020
Mahindra Vehicle Manufacturers Limited 600 [ICRA]A1+ 24 Aug 2020
SMC Global Securities Ltd. 25 [ICRA]A1+ 24 Aug 2020
Tata Sons Private Limited 200 [ICRA]A1+ 24 Aug 2020
The Tata Power Company Limited 7000 [ICRA]A1+ 24 Aug 2020
Birla Group Holdings Private Limited 3500 [ICRA]A1+ 21 Aug 2020
Mangalore Refinery and Petrochemicals Limited 3000 [ICRA]A1+ 21 Aug 2020
Relaxo Footwears Limited 0 * 21 Aug 2020
Aavas Financiers Limited 50 [ICRA]A1+ 17 Aug 2020
HPCL-Mittal Energy Limited 1500 [ICRA]A1+ 17 Aug 2020
Kotak Mahindra Investments Limited 0 * 17 Aug 2020
Kotak Mahindra Investments Limited 7000 [ICRA]A1+ 17 Aug 2020
Minda Industries Limited 100 [ICRA]A1+ 17 Aug 2020
SML Isuzu Limited 50 [ICRA]A1+ 17 Aug 2020
VE Commercial Vehicles Limited 400 [ICRA]A1+ 17 Aug 2020
Bharat Oman Refineries Limited 800 [ICRA]A1+ 14 Aug 2020
JM Financial Capital Limited 100 [ICRA]A1+ 14 Aug 2020
JM Financial Credit Solutions Limited 1000 [ICRA]A1+ 14 Aug 2020
JM Financial Limited 300 [ICRA]A1+ 14 Aug 2020
JM Financial Properties and Holdings Limited 125 [ICRA]A1+ 14 Aug 2020
JM Financial Services Limited 1000 [ICRA]A1+ 14 Aug 2020
Monte Carlo Fashions Limited 100 [ICRA]A1+ 14 Aug 2020
Oswal Woollen Mills Limited 250 [ICRA]A2+ 14 Aug 2020
Tata Motors Finance Limited 8000 [ICRA]A1+ 14 Aug 2020
Tata Motors Finance Solutions Limited 2500 [ICRA]A1+ 14 Aug 2020
Tata Motors Limited 4200 [ICRA]A1+ 14 Aug 2020
TMF Holdings Limited 2500 [ICRA]A1+ 14 Aug 2020
Varroc Engineering Limited 100 [ICRA]A1+ 14 Aug 2020
Varroc Polymers Private Limited 75 [ICRA]A1+ 14 Aug 2020
ICICI Securities Limited 3500 [ICRA]A1+ 10 Aug 2020
Reliance Communications Limited 2000 [ICRA]D ISSUER NOT COOPERATING 10 Aug 2020
Reliance Infratel Limited 1000 [ICRA]D ISSUER NOT COOPERATING 10 Aug 2020
Reliance Telecom Limited 500 [ICRA]D ISSUER NOT COOPERATING 10 Aug 2020
NTPC Limited 20100 [ICRA]A1+ 07 Aug 2020
Volkswagen Finance Private Limited 3000 [ICRA]A1+ 07 Aug 2020
Housing Development Finance Corporation Limited 75000 [ICRA]A1+ 31 Jul 2020
Indian Potash Limited 800 [ICRA]A1+ 31 Jul 2020
JM Financial Products Limited 2500 [ICRA]A1+ 31 Jul 2020
Motilal Oswal Home Finance Limited 1000 [ICRA]A1+ 31 Jul 2020
Aadhar Housing Finance Limited (formerly known as DHFL Vysya Housing Finance Limited) 600 [ICRA]A1+ 27 Jul 2020
CESC Limited 1600 [ICRA]A1+ 27 Jul 2020
Hindustan Copper Limited 100 [ICRA]A1+ 27 Jul 2020
INFINA Finance Private Limited 0 * 27 Jul 2020
Piramal Capital & Housing Finance Limited 0 * 27 Jul 2020
Piramal Enterprises Limited 0 * 27 Jul 2020
Sun Pharma Laboratories Limited 3000 [ICRA]A1+ 27 Jul 2020
Sun Pharmaceutical Industries Limited 4000 [ICRA]A1+ 27 Jul 2020
Century Plyboards (India) Ltd 0 * 24 Jul 2020
EICL Limited 0 * 24 Jul 2020
Sharekhan BNP Paribas Financial Services Limited 1000 [ICRA]A1+ 24 Jul 2020
Dewan Housing Finance Corporation Limited 100 [ICRA]D 20 Jul 2020
Hindustan Petroleum Corporation Limited 15000 [ICRA]A1+ 20 Jul 2020
Neel Metal Products Limited 100 [ICRA]A2& 20 Jul 2020
Paradeep Phosphates Limited 250 [ICRA]A1@ 20 Jul 2020
PTC India Financial Services Limited 1750 [ICRA]A1+ 20 Jul 2020
HDFC Securities Limited 1500 [ICRA]A1+ 17 Jul 2020
Oil and Natural Gas Corporation Limited 10000 [ICRA]A1+ 17 Jul 2020
ONGC Petro additions Limited 500 [ICRA]A1+ 17 Jul 2020
Northern Arc Capital Limited 300 [ICRA]A1+ 13 Jul 2020

Credit ratings displayed under this list are continuously monitored and are subject to revision accordingly. Please visit our website www.icra.in or contact any ICRA office for latest information on ICRA ratings outstanding.

Credit rating is a symbolic indicator of ICRA’s current opinion on the relative capability of the issuer concerned to timely service debts and obligations, with reference to the instrument rated. All information contained herein has been obtained by ICRA from sources believed by it to be accurate and reliable including when appropriate, independent third- party sources. Although reasonable care has been taken to ensure that the information herein is true, such information is provided 'as is' without any warranty of any kind, and ICRA in particular, makes no representation or warranty, express or implied, as to the accuracy, timeliness or completeness of any such information. All information contained herein must be construed solely as statements of opinion, and ICRA shall not be liable for any losses incurred by users from any use of this publication or its contents.

ICRA ratings should not be treated as a recommendation to buy, sell or hold the rated debt instruments. ICRA ratings do not constitute an audit by ICRA and further, no aspect or conclusion of its ratings is meant to be construed as legal advice.

Recent Releases

  • Banswara Syntex Limited: Ratings downgraded to [ICRA]BBB-(Stable)/[ICRA]A3 /MB+(Stable)

    Rationale / 25 Sep 2020

  • PTC India Limited: [ICRA]A1+ assigned to enhanced bank lines

    Rationale / 25 Sep 2020

  • Birla Corporation Limited: Update on Material Event

    Rationale / 25 Sep 2020