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
In-Solutions Global Limited
Unallocated 15.65 April 05, 2024 [ICRA]BBB (Stable) / [ICRA]A3+ Review process in underway Rationale
N9 World Technologies Private Limited
Fund Based Cash Credit 4.0 April 30, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Non-fund based-Letter of Credit 0.5 [ICRA]A3
Resil Chemicals Private Limited
Fund based working capital 81.5 April 30, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Term Loan 53.63 [ICRA]A- (Stable)
Non fund based 12.75 [ICRA]A2+
Gulbarga Electricity Supply Company Limited
Fund based Term Loan 940.0 April 30, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Fund-based –Overdraft 100.0 [ICRA]BBB- (Stable)
Non-fund Based – Letter of Credit 261.0 [ICRA]A3
S.P.Mani And Mohan Dairy (India) Private Limited
Unallocated Limits 2.22 April 26, 2024 [ICRA]BBB-Rating Watch with Developing Implications Issuer delayed in providing information Rationale
Cash Credit 20.5 [ICRA]BBB-Rating Watch with Developing Implications
Term Loan 22.28 [ICRA]BBB-Rating Watch with Developing Implications
Kids Clinic India Ltd
Term Loan 35.0 April 26, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Fund-based – Overdraft 10.0 [ICRA]A2+
PAFT Finance Limited
Term Loan 30.0 April 23, 2024 [ICRA]BB+ (Stable) Rating withdrawal process is underway Rationale
Satya Deeptha Pharmaceuticals Limited
Cash Credit 36.0 April 18, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Term Loan 43.37 [ICRA]BBB- (Stable)
Short Term - Non Fund Based 10.0 [ICRA]A3
Long / Short Term: Unallocated limits 5.63 [ICRA]BBB- (Stable) / [ICRA]A3
Shah Tiles Private Limited
Cash Credit 7.5 April 26, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Term Loan 7.14 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Short Term- Non-fund Based 1.91 [ICRA]A4ISSUER NOT COOPERATING
Chowgule SBD Private Limited
Non fund based 595.0 July 15, 2024 [ICRA]BBB+ (Stable) Review Process Underway Rationale
Long term – Fund-based – Others 100.0 [ICRA]BBB+ (Stable)
Long term/Short term - Unallocated 5.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Chowgule and Company Private Limited
Fund-based - Term Loan 87.68 July 15, 2024 [ICRA]A+ (Stable) Review Process Underway Rationale
Short-term Non-fund Based Limit 72.03 [ICRA]A1
Long-Term Non-fund based 440.0 [ICRA]A+ (Stable)
Short-term Fund-based Limits 205.0 [ICRA]A1
Unallocated Limits 195.29 [ICRA]A+ (Stable) / [ICRA]A1
Bbm Travel Retail Limited
Cash Credit 50.0 April 30, 2024 [ICRA]A-(CE) (Stable) Issuer delayed in giving information Rationale
non-fund based facilities 30.0 [ICRA]A2+(CE)
Iconkrishi Institute of Medical Sciences Private Limited
Term Loan 14.0 April 03, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Fund Based Cash Credit 3.0 [ICRA]BBB+ (Stable)
ITD Cementation India Limited
Fund Based - Working Capital 750.0 November 06, 2024 [ICRA]A (Stable) Review process is underway Rationale
Term Loan 292.26 [ICRA]A (Stable)
Non Fund Based Limits 5930.0 [ICRA]A (Stable) / [ICRA]A1
CEC ITD Cem TPL JV
Fund Based Limit 40.0 April 29, 2024 [ICRA]A2 Review process is underway Rationale
Non Fund Based Limit 50.0 [ICRA]BBB+ (Stable) / [ICRA]A2
ITD-ITD Cem Joint Venture
Non-Fund Based Limits 127.25 April 29, 2024 [ICRA]A2 Review process is underway Rationale
Karanja Terminal & Logistics Private Limited
Issuer rating 0.0 April 29, 2024 [ICRA]D ISSUER NOT COOPERATING Rationale
Term Loan 408.82 [ICRA]D
Long term – FITL 44.25 [ICRA]D
Fund based – GECL 7.71 [ICRA]D
Unallocated limits 6.22 [ICRA]D
Trivitron Healthcare Private Limited
Fund based Term Loan 5.95 April 25, 2024 [ICRA]BBB (Stable) Review process is underway Rationale
Long term-cash credit-fund based 45.0 [ICRA]BBB (Stable) / [ICRA]A3+
Short term-others-non fund based 46.0 [ICRA]A3+
Unallocated 88.05 [ICRA]BBB (Stable) / [ICRA]A3+
Nitrex Chemicals India Limited
Fund-based - Export Bill Discounting Facility 20.0 April 18, 2024 [ICRA]A2+ Partial information is pending from the Issue Rationale
CIE Automotive India Limited (erstwhile Mahindra CIE Automotive Limited)
Fund based/Non fund based - Working Capital Facilities 575.0 April 25, 2024 [ICRA]AA (Stable) / [ICRA]A1+ Review process is underway Rationale
Avaada MHGreen Private Limited
Fund based Term Loan 397.4 April 16, 2024 [ICRA]A- (Stable) Review process underway Rationale
Unallocated 45.2 [ICRA]A- (Stable)
Kalyani Maxion Wheels Private Limited
Fund Based Limits 120.0 April 04, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Non Fund Based Limits 269.0 [ICRA]A1
Ramkrishy Infrastructure Pvt. Ltd.
Cash Credit 42.5 April 25, 2024 [ICRA]BBB (Stable) Review process is underway Rationale
Non fund based 105.5 [ICRA]A3+
Term Loan 11.6 [ICRA]BBB (Stable)
Farmers Agriculture Credit Co-Operative Society Limited
Short-term fund-based bank facility 9.75 April 23, 2024 [ICRA]A4 Issuer delayed in giving information Rationale
Gateway Office Parks Private Limited
Term Loan 1074.0 April 26, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Non-fund-based Bank Guarantee 61.0 [ICRA]BBB- (Stable)
Adyar Gate Hotels Limited
Fund based Term Loan 226.33 April 15, 2024 [ICRA]B- ISSUER NOT COOPERATING (Stable) Issuer delayed in giving information Rationale
Short Term - Non-Fund Based - Others 2.0 [ICRA]A4 ISSUER NOT COOPERATING
Fund Based Cash Credit 45.0 [ICRA]B- ISSUER NOT COOPERATING (Stable)
Unallocated 14.67 [ICRA]B- ISSUER NOT COOPERATING (Stable)
Long Term-Fund Based-Term Loan 100.0 [ICRA]B ISSUER NOT COOPERATING (Stable)
The Jorehaut Group Limited
Term Loan 7.95 April 04, 2024 [ICRA]A- (Stable) Review process underway Rationale
Cash Credit 22.0 [ICRA]A- (Stable)
Unallocated Limits 0.05 [ICRA]A- (Stable) / [ICRA]A2+
Captain Steel India Limited
Fund based-Cash credit/WCDL 230.0 April 03, 2024 [ICRA]A+ (Stable) Review process underway Rationale
Bank Guarantee 40.0 [ICRA]A1+
Granules Life Sciences Private Limited
Fund based Term Loan 400.0 March 31, 2024 [ICRA]AA-(CE) (Stable) Review process is underway Rationale
DYNA GLYCOLS Private Limited
Fund based Term Loan 18.0 March 31, 2024 [ICRA]BBB (Stable) Review Process underway Rationale
Fund Based Cash Credit 40.0 [ICRA]BBB (Stable)
Non Fund Based – LC/BG 15.0 [ICRA]A3+
Esteem Industries Pvt. Ltd
Fund Based Cash Credit 75.0 March 31, 2024 [ICRA]BBB (Stable) Review Process underway Rationale
Fund based Term Loan 1.34 [ICRA]BBB (Stable)
Non-fund based-LC/BG 24.5 [ICRA]A3+
IFGL Refractories Limited
Cash Credit and Packing Credit 142.0 March 26, 2024 [ICRA]AA- (Stable) Review Process underway Rationale
Letter of Credit/Bank Guarantee 11.0 [ICRA]A1+
Term Loans 120.0 [ICRA]AA- (Stable)
Fatehgarh IV Transmission Limited
Fund based Term Loan 176.0 March 31, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Unallocated 74.0 [ICRA]A- (Stable)
Devi Innoventures LLP
Term Loans 81.1 March 31, 2024 [ICRA]BB (Stable) Review process is underway Rationale
Non–fund based – Letter of Credit 5.0 [ICRA]A4
Cash Credit 45.0 [ICRA]BB (Stable)
Unallocated 8.90 [ICRA]BB (Stable)
Fatehgarh III Transmission Limited
Fund based Term Loan 487.0 March 31, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Unallocated 73.0 [ICRA]A- (Stable)
Ashapura International Limited
Cash Credit 6.75 March 28, 2024 [ICRA]BB (Stable) Review process in underway Rationale
Unallocated 43.25 [ICRA]BB (Stable) / [ICRA]A4
Annakoot Properties Private Limited
Fund-based – Term Loans 68.68 March 28, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Long-term – Unallocated 1.32 [ICRA]BBB- (Stable)
Yenepoya (Deemed to be University)
Term Loan 55.0 March 26, 2024 [ICRA]BB+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Fund Based Cash Credit 10.0 [ICRA]BB+ISSUER NOT COOPERATING (Stable)
Non-fund based/ Bank Guarantee 5.0 [ICRA]A4+ISSUER NOT COOPERATING
Apraava Smart Meter Private Limited
Long-term – Fund-based – Others 262.58 March 01, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Long Term- Unallocated 0.42 [ICRA]A+ (Stable)
Sakuma Exports Limited
Fund Based 121.5 March 28, 2024 [ICRA]BBB (Stable) / [ICRA]A3+ Review Process in Underway Rationale
Unallocated 43.5 [ICRA]BBB (Stable) / [ICRA]A3+