List of issuers where there is a delay in carrying out the periodic surveillance

report-excel
Entity Name Instrument Type Rated Amount
(Rs. crore)
Date of last Rationale Rating as per last Rationale Reason for delay in carrying out periodic review Latest Rationale
Sub-k Impact Solutions Limited
Cash Credit 14.0 October 22, 2025 [ICRA]BB (Stable) Issuer delayed in giving information Rationale
Ashirvad Industries & Infrastructure
Cash Credit 1.5 September 24, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non fund based 10.0 [ICRA]A4ISSUER NOT COOPERATING
Term Loans 0.40 [ICRA]BISSUER NOT COOPERATING (Stable)
Seven Star Steels Limited
Cash Credit 25.0 September 30, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Bank Guarantee 5.0 [ICRA]A3
Penguin Trading & Agencies Limited
Cash Credit 396.0 September 30, 2024 [ICRA]A+ (Stable) / [ICRA]A1 Review process is underway Rationale
Fund based Term Loan 50.0 [ICRA]A+ (Stable)
Long-term/Short-term -Unallocated Limits 4.0 [ICRA]A+ (Stable) / [ICRA]A1
Shreegopal Gobind Agro Tech Private Limited
Fund based-Cash Credit 11.0 September 27, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Term Loan 12.5 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Unallocated Limits 1.5 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Shalimar Hatcheries Limited
Term Loans 179.4 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Fund-based – Working Capital Facilities 90.62 [ICRA]A+ (Stable)
Non-fund Based – Working Capital Facilities 7.6 [ICRA]A1
Unallocated Limit 3.38 [ICRA]A+ (Stable) / [ICRA]A1
GMM Pfaudler Limited
Term Loan 8.24 September 27, 2024 [ICRA]AA- (Stable) Review process is underway Rationale
Fund Based Cash Credit 161.76 [ICRA]AA- (Stable)
Short-term – Non-fund based 130.0 [ICRA]A1+
Sona Nutrients Pvt Ltd
Fund based - Working Capital Facilities 100.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Fund based-Term Loan 100.0 [ICRA]A+ (Stable)
Shalimar Nutrients Pvt Ltd
Fund-based – Working Capital Facilities 190.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Non-fund Based – Working Capital Facilities 1.1 [ICRA]A1
Unallocated limits 1.0 [ICRA]A+ (Stable) / [ICRA]A1
Galsi Commercial Farms LLP
Fund based working capital facilities 2.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Term Loan 15.0 [ICRA]A+ (Stable)
Utkal Feeds Private Limited
Fund based working capital facilities 15.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Term Loan 3.73 [ICRA]A+ (Stable)
Long-term/ Short-term – Unallocated Limits 1.27 [ICRA]A+ (Stable) / [ICRA]A1
Shalimar Pellet Feeds Limited
Unallocated Limits 15.9 September 27, 2024 [ICRA]A+ (Stable) / [ICRA]A1 Review process is underway Rationale
Fund based working capital facilities 230.0 [ICRA]A+ (Stable)
Non-fund Based – Working Capital Facilities 4.10 [ICRA]A1
Term Loans 10.0 [ICRA]A+ (Stable)
Infinity Feeds Private Limited
Unallocated Limits 16.0 September 27, 2024 [ICRA]A+ (Stable) / [ICRA]A1 Review process is underway Rationale
C. L. Enterprises Pvt. Ltd.
Term Loan 3.5 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Fund based working capital facilities 13.0 [ICRA]A+ (Stable)
Non-fund Based – Working Capital Facilities 1.0 [ICRA]A+ (Stable) / [ICRA]A1
Unallocated Limit 3.5 [ICRA]A+ (Stable) / [ICRA]A1
Sona Vets Private Limited
Fund based working capital facilities 151.0 September 27, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Term Loan 25.56 [ICRA]A+ (Stable)
Non fund based- Working Capital Facilities 1.5 [ICRA]A1
Long-term/ Short-term – Unallocated Limits 1.94 [ICRA]A+ (Stable) / [ICRA]A1
Zeta Industrial Corporation Private Limited
Fund-based-Cash Credit 2.5 September 19, 2024 [ICRA]B-ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non-fund Based 4.5 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Unallocated Limits 3.0 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Eastman Mettcast Limited
Cash Credit 15.0 September 18, 2024 [ICRA]C+ISSUER NOT COOPERATING Issuer not cooperating Rationale
Term Loan 2.0 [ICRA]C+ISSUER NOT COOPERATING
Vinayak Cottex
Fund based Term Loan 2.67 September 18, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Fund based-Cash Credit 5.0 [ICRA]BISSUER NOT COOPERATING (Stable)
Yashveer Ceramic
Cash Credit 3.0 September 17, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non-Fund Based Limits 2.0 [ICRA]A4ISSUER NOT COOPERATING
Term Loan 5.25 [ICRA]BISSUER NOT COOPERATING (Stable)
Yash Exports (India) Private Limited
Term Loan 19.37 September 12, 2024 [ICRA]BBISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Fund based Term Loan 4.07 [ICRA]BBISSUER NOT COOPERATING (Stable)
Unallocated 2.42 [ICRA]BBISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
M/S. Pankaj C. Patel
Cash Credit 4.0 September 12, 2024 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Non-fund Based 1.0 [ICRA]DISSUER NOT COOPERATING
Term Loan 0.28 [ICRA]DISSUER NOT COOPERATING
Sahastraa Exports Private Limited
Fund Based Cash Credit 7.5 September 10, 2024 [ICRA]BB-ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non-Fund Based Letter of Credit 15.0 [ICRA]A4ISSUER NOT COOPERATING
CYAMOPSIS BIOTECH (INDIA) PRIVATE LIMITED
Cash Credit 16.0 September 09, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Short Term- Non-fund Based 1.0 [ICRA]A4ISSUER NOT COOPERATING
Term Loans 3.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Commtel Networks Limited
Fund-based Cash Credit 185.0 September 06, 2024 [ICRA]A (Stable) Review process is underway Rationale
Long-term/Short-term interchangeable limits 185.0 [ICRA]A (Stable) / [ICRA]A2+
Long Term / Short Term- Unallocated limits 50.0 [ICRA]A (Stable) / [ICRA]A2+
Indian Metals & Ferro Alloys Limited
Term Loan 0.54 September 04, 2024 [ICRA]AA- (Stable) Review process is underway Rationale
Non Fund Based Facility 200.0 [ICRA]A1+
Long Term-Fund Based 810.96 [ICRA]AA- (Stable)
Prestige Estates Projects Limited
Long-term – Fund-based – Term Loan 1451.4 November 24, 2025 [ICRA]A+ (Stable) Review process is underway Rationale
Long-term – Non-fund-based 496.2 [ICRA]A+ (Stable)
Long-term – Fund-based 20.0 [ICRA]A+ (Stable)
Commercial Paper 760.0 [ICRA]A1
Long-term – Unallocated limits 151.51 [ICRA]A+ (Stable)
Prestige Projects Private Limited
Term Loan 1000.0 September 08, 2025 [ICRA]A (Stable) Review process is underway Rationale
Maheshtala Waste Water Management Private Limited
Term Loan 110.0 September 23, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Turf Estate Joint Venture LLP
Fund-based - Term Loan 1500.0 September 23, 2024 [ICRA]A+(CE) (Stable) Review process is underway Rationale
Intech Organics Limited
Cash Credit 133.9 October 17, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Term Loan 61.16 [ICRA]BBB+ (Stable)
Short-term non-fund based 57.25 [ICRA]A2
Unallocated Limits 33.69 [ICRA]BBB+ (Stable) / [ICRA]A2
Wadpack Pvt Ltd
Fund Based Cash Credit 15.0 September 30, 2024 [ICRA]BB (Stable) / [ICRA]A4 Issuer not cooperating Rationale
Fund based Term Loan 11.59 [ICRA]BB (Stable)
MeritTrac Services Private Limited
Term Loan 5.25 September 24, 2024 [ICRA]BB+ (Stable) Review process is underway Rationale
Long term – Fund based Overdraft 34.0 [ICRA]BB+ (Stable)
Tata International Vehicle Applications Pvt Ltd
Long-term/ Short-term, Fund-based/Non-fund based Facilities 75.0 September 16, 2024 [ICRA]A+ (Stable) / [ICRA]A1 Review process is underway Rationale
Fund Based Limits- Term Loan 21.0 [ICRA]A+ (Stable)
Dedicated Freight Corridor Corporation of India Limited
Issuer rating 0.0 September 10, 2024 [ICRA]AAA (Stable) Review process is underway Rationale
Hiveloop Capital Private Limited
Long term – Fund based 103.0 September 05, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Short Term – Fund based 397.0 [ICRA]A3
Gowra Petrochem Private Limited
Fund-based-Cash Credit 4.0 September 03, 2024 [ICRA]BBB+ (Stable) Withdrawal process is underway Rationale
Fund based/Non Fund based limits 49.8 [ICRA]BBB+ (Stable) / [ICRA]A2
New Horizons Private Limited
Fund based- Working Capital Facilities 45.96 September 23, 2025 [ICRA]BB (Stable) Issuer not cooperating Rationale
Term Loan 6.21 [ICRA]BB (Stable)
Non-fund based Forward Contract Limit 0.60 [ICRA]A4+
Unallocated Limit 2.23 [ICRA]BB (Stable) / [ICRA]A4+
Jayabheri Automotives Private Limited
Long Term- Fund Based/ CC 179.0 December 24, 2024 [ICRA]BB- (Stable) Review process is underway Rationale
Term Loan 40.33 [ICRA]BB- (Stable)
Short Term – Non Fund Based 1.05 [ICRA]A4
Unallocated 26.18 [ICRA]BB- (Stable) / [ICRA]A4