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
GRT Jewellers (India) Private Limited
Fund based working capital limits 2850.0 February 20, 2025 [ICRA]AA (Stable) / [ICRA]A1+ Review process is underway Rationale
Non Fund Based Limits 279.0 [ICRA]A1+
Term Loans 592.72 [ICRA]AA (Stable)
GRT Silverwares
Fund based working capital limits 5.0 February 20, 2025 [ICRA]AA (Stable) / [ICRA]A1+ Review process is underway Rationale
Term Loans 16.11 [ICRA]AA (Stable)
Long-term/Short-term – unallocated 4.33 [ICRA]AA (Stable) / [ICRA]A1+
GR Thanga Maligai Firm
Fund based working capital limits 200.0 February 20, 2025 [ICRA]AA (Stable) / [ICRA]A1+ Review process is underway Rationale
Non Fund Based Limits 55.0 [ICRA]A1+
Term Loans 24.71 [ICRA]AA (Stable)
Aether Breweries LLP
Term Loan 90.0 February 17, 2025 [ICRA]BBB- (Stable) Issuer delayed in giving information Rationale
Manglam Spa Resort Private Limited
Term Loan 45.0 February 10, 2025 [ICRA]BB (Stable) Review process is underway Rationale
Jaika Automobiles Private Limited
Cash Credit 49.5 February 27, 2025 [ICRA]BB (Stable) Review process is underway Rationale
Fund Based - Term Loan 12.78 [ICRA]BB (Stable)
Inalfa Gabriel Sunroof Systems Pvt. Ltd.
Fund-based /non-fund based working capital facilities 50.0 February 11, 2025 [ICRA]A- (Stable) / [ICRA]A2+ Review process is underway Rationale
Unallocated Limits 50.0 [ICRA]A- (Stable) / [ICRA]A2+
GreenCell Surat Private Limited
Fund based Term Loan 53.2 February 27, 2025 [ICRA]A (Stable) Review process is underway Rationale
Bank Guarantee 63.4 [ICRA]A (Stable)
Cash Credit 5.0 [ICRA]A (Stable)
Long-term non-fund based facilities (performance bank guarantee 5.7 [ICRA]A (Stable)
Hafele India Private Limited
Long-term/ Short-term, Fund-based/Non-fund based Facilities 322.0 February 27, 2025 [ICRA]AA- (Stable) / [ICRA]A1+ Issuer delayed in giving information Rationale
Sundaram Industries Private Limited
Term Loan 96.14 January 30, 2025 [ICRA]A (Positive) Review process is underway Rationale
Fund based facilities 130.0 [ICRA]A (Positive)
Non fund based 78.0 [ICRA]A2+
Vidarbha Industries Power Limited
Term Loans 2654.24 January 28, 2025 [ICRA]D ISSUER NOT COOPERATING Issuer not cooperating Rationale
Short term-non-fund-based Bank Guarantee/Letter of Credit 110.0 [ICRA]D ISSUER NOT COOPERATING
Short term Fund based-Working Capital Facilities 500.0 [ICRA]D ISSUER NOT COOPERATING
Hemant Surgical Industries Limited
Long-term fund-based Cash Credit 3.5 January 22, 2025 [ICRA]BBB- (Stable) Review process is underway Rationale
Long-term fund-based term loans 5.0 [ICRA]BBB- (Stable)
Long-term Fund-based Limits 27.0 [ICRA]BBB- (Stable)
Short-Term Non-Fund Based Limits 34.5 [ICRA]A3
Sripathi Paper and Boards Private Limited
Fund Based Cash Credit 246.8 January 17, 2025 [ICRA]BBB- (Stable) Review process is underway Rationale
Term Loans 14.69 [ICRA]BBB- (Stable)
Fund based Proposed limits 133.56 [ICRA]BBB- (Stable)
Letter of Credit 103.95 [ICRA]A3
Bank Guarantee 1.0 [ICRA]A3
GSP Crop Science Limited
Term Loan 48.08 January 27, 2025 [ICRA]A (Stable) Review process is underway Rationale
Working Capital Term Loan 16.85 [ICRA]A (Stable)
Fund Based 227.5 [ICRA]A (Stable) / [ICRA]A2+
Non fund based 5.5 [ICRA]A (Stable) / [ICRA]A2+
Non fund based 150.0 [ICRA]A2+
Long Term/Short Term Unallocated 63.88 [ICRA]A (Stable) / [ICRA]A2+
Ashoka Belgaum Khanapur Road Private Limited
Term Loan 295.0 January 10, 2025 [ICRA]A+ Rating Watch with Developing Implications Review process is underway Rationale
Parveen Industries Private Limited
Cash Credit 25.0 January 02, 2025 [ICRA]BBB+ (Stable) Review process is underway Rationale
Non-fund Based 18.75 [ICRA]A2
Unallocated 24.97 [ICRA]BBB+ (Stable) / [ICRA]A2
Fund-based: Term Loan 6.28 [ICRA]BBB+ (Stable)
Ranjan Fabrics Private Limited
Fund Based Cash Credit 8.25 January 31, 2025 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Sardar Cotton
Fund Based Cash Credit 10.5 January 30, 2025 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Term Loan 0.80 [ICRA]DISSUER NOT COOPERATING
Sidwin Fabric Private Limited
Fund Based Cash Credit 5.0 January 30, 2025 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Unallocated 5.03 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Saimax Ceramic Private Limited
Term Loan 4.05 January 30, 2025 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non-Fund Based Limits 2.75 [ICRA]A4ISSUER NOT COOPERATING
Fund Based Cash Credit 4.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
K-Pack Systems Private Limited
Cash Credit 1.25 January 30, 2025 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non fund based facilities 2.0 [ICRA]A4ISSUER NOT COOPERATING
Unallocated Limit 1.75 [ICRA]A4ISSUER NOT COOPERATING
Shyam Cottex
Term Loan 1.38 January 30, 2025 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Fund Based Cash Credit 4.0 [ICRA]BISSUER NOT COOPERATING (Stable)
Krishnaiah Motors Private Limited
Cash Credit 15.0 January 27, 2025 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Unallocated Limits 9.5 [ICRA]B+ISSUER NOT COOPERATING (Stable)
St. Johns Orthodox Church Society (Regd.)
Term Loan 10.0 January 27, 2025 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
SRI ADITYA POLYFILMS PRIVATE LIMITED
Cash Credit 5.0 January 27, 2025 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Term Loan 0.67 [ICRA]DISSUER NOT COOPERATING
Non-fund Based 2.25 [ICRA]DISSUER NOT COOPERATING
Unallocated 0.08 [ICRA]DISSUER NOT COOPERATING / [ICRA]DISSUER NOT COOPERATING
Capital Steel Corporation
Cash Credit 7.0 January 16, 2025 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non fund based 56.1 [ICRA]A4ISSUER NOT COOPERATING
Corona Vitrified Private Limited
Fund Based Cash Credit 8.0 January 16, 2025 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
ST-Non Fund Based 3.0 [ICRA]A4 ISSUER NOT COOPERATING
Unallocated Limits 3.3 [ICRA]B+ ISSUER NOT COOPERATING (Stable) / [ICRA]A4 ISSUER NOT COOPERATING
Greenearth Infraventures Pvt Ltd
Fund-based / Term Loan 6.40 January 16, 2025 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Sheth Ship Breaking Corporation
Short term: Non Fund based 42.0 January 10, 2025 [ICRA]D ISSUER NOT COOPERATING Issuer not cooperating Rationale
Cash Credit 5.0 [ICRA]D ISSUER NOT COOPERATING
Kandi Ramsanpalle Road Private Limited
Term Loan 212.33 January 10, 2025 [ICRA]AAA Rating Watch with Developing Implications Review process is underway Rationale
PRESTIGE GARDEN RESORTS PRIVATE LIMITED
Long-term Fund-based - Term Loan 400.0 January 22, 2025 [ICRA]A+(CE) (Stable) Review process is underway Rationale
Indospace MET Logistics Park Farukhnagar Private Limited
Term Loan 191.0 January 17, 2025 [ICRA]BBB+ (Stable) Review process is underway Rationale
Esmart Energy Solutions Limited
Fund based- Working Capital Facilities 7.0 January 16, 2025 [ICRA]BBB (Stable) Issuer delayed in giving information Rationale
Term Loan 39.63 [ICRA]BBB (Stable)
Non-fund Based: Working Capital Facilities 60.0 [ICRA]A3+
Buywel Agencies Private Limited
Cash Credit 60.0 January 07, 2025 [ICRA]BB+ (Stable) Review process is underway Rationale
Bank Guarantee 8.0 [ICRA]A4+
Repro India Limited
Working Capital Loan 150.0 January 03, 2025 [ICRA]BBB+ (Stable) / [ICRA]A2 Review process is underway Rationale
Fund-based: Term Loan 10.0 [ICRA]BBB+ (Stable)
LT/ST: Unallocated 10.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Doctor Pack India Private Limited
Term Loan 9.08 January 02, 2025 [ICRA]BBB- (Stable) Review process is underway Rationale
Short Term – Fund Based – Working Capital facilities 15.0 [ICRA]A3
Short Term – Non-Fund Based 5.0 [ICRA]A3
Unallocated 0.92 [ICRA]BBB- (Stable) / [ICRA]A3
International Seaport Dredging Private Limited
Long-term / Short-term, fund-based and non-fund based facilities 225.0 January 31, 2025 [ICRA]BBB- (Stable) / [ICRA]A3 Review process is underway Rationale
Unique Forgings (India) Private Limited
Cash Credit 25.0 January 31, 2025 [ICRA]BBB (Stable) Review process is underway Rationale
Fund-based - Term Loan 25.71 [ICRA]BBB (Stable)
Unallocated limits 1.29 [ICRA]BBB (Stable) / [ICRA]A3+
Alliance Polysacks Private Limited
Term Loan 33.25 January 28, 2025 [ICRA]BBB- (Stable) Review process is underway Rationale
Non fund based 36.0 [ICRA]A3
Unallocated Limit 14.75 [ICRA]BBB- (Stable) / [ICRA]A3
VisionIndia Tech Services Limited
Long-term fund-based – Term Loans 0.82 January 22, 2025 [ICRA]BB+ (Stable) Issuer not cooperating Rationale
Long-term Fund-based– Cash Credit 2.0 [ICRA]BB+ (Stable)
Long-term Fund-based Overdraft 10.0 [ICRA]BB+ (Stable)
Short-term Non-fund based – Bank Guarantee 24.48 [ICRA]A4+