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
Siddarth Organisation Limited
Long-term – Fund-based – Cash Credit 4.2 December 30, 2024 [ICRA]C ISSUER NOT COOPERATING Issuer not cooperating Rationale
Long-term/Short-term – Unallocated limits – Unallocated limits 5.8 [ICRA]C ISSUER NOT COOPERATING / [ICRA]A4 ISSUER NOT COOPERATING
Santlal Industries Limited
Long-term – Fund-based – Cash Credit 75.0 December 30, 2024 [ICRA]C ISSUER NOT COOPERATING Issuer not cooperating Rationale
Issuer 0.0 [ICRA]C ISSUER NOT COOPERATING
ASTRA RAFAEL COMSYS PRIVATE LIMITED
Fund-based: Cash Credit 90.0 December 30, 2024 [ICRA]BBB+ (Stable) / [ICRA]A2 Review process is underway Rationale
Non-Fund Based- Bank Guarantee 65.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Non fund based- Forward Purchase Contract Limit 5.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Western Construction Co. (Gujarat) LLP
Long-term – Fund-based – Term Loan 140.0 December 27, 2024 [ICRA]C ISSUER NOT COOPERATING Issuer not cooperating Rationale
Shri Balaji Literary & Charitable Society Bahra Group of Institutions
Long-term – Fund-based – Cash Credit 3.0 December 26, 2024 [ICRA]D ISSUER NOT COOPERATING Issuer not cooperating Rationale
Long-term – Fund-based – Term Loan 9.0 [ICRA]D ISSUER NOT COOPERATING
S. Nanda Industries Pvt. Ltd.
Cash Credit 12.0 December 13, 2024 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Unallocated 4.0 [ICRA]DISSUER NOT COOPERATING
J.R.Foods Limited
Cash Credit 9.40 December 13, 2024 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Short term: Non-fund Based Facilities 35.75 [ICRA]DISSUER NOT COOPERATING
Term Loan 2.3 [ICRA]DISSUER NOT COOPERATING
L&W Construction Private Limited
Non-fund based facility 1830.0 December 06, 2024 [ICRA]A (Stable) / [ICRA]A2+ Issuer delayed in giving information Rationale
Term Loan 70.0 [ICRA]A (Stable)
Navkiran Techno Feeds
Long-term – Fund-based – Cash Credit 15.0 December 31, 2024 [ICRA]BB+ (Stable) Review process is underway Rationale
UNO Feeds
Long-term – Fund-based – Cash Credit 11.0 December 31, 2024 [ICRA]BB+ (Stable) Review process is underway Rationale
Long-term – Fund-based – Term Loan 4.0 [ICRA]BB+ (Stable)
MK Mills Private Limited
Long-term – Fund-based – Term Loan 10.87 December 31, 2024 [ICRA]BB (Stable) Issuer delayed in giving information Rationale
Long-term – Fund-based – Cash Credit 12.0 [ICRA]BB (Stable)
Short-term – Non-fund based – Others 3.0 [ICRA]A4
Transworld Terminals Private Limited
Term Loans 50.0 December 27, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Non-fund Based: Working Capital Facilities 15.0 [ICRA]A2+
Raghava Constructions (India) Private Limited
Long-term/Short-term – Non-fund based – Bank guarantee 609.0 December 24, 2024 [ICRA]BBB (Stable) / [ICRA]A3+ Review process is underway Rationale
Long-term/Short-term – Non-fund based – Letter of credit 66.0 [ICRA]BBB (Stable) / [ICRA]A3+
Long-term – Fund-based – Cash Credit 125.0 [ICRA]BBB (Stable)
S.N.Q.S Internationals Private Limited
Long-term – Fund-based – Term Loan 9.64 December 20, 2024 [ICRA]BB (Stable) Review process is underway Rationale
Long-term/Short-term – Unallocated limits – Unallocated limits 9.16 [ICRA]BB (Stable) / [ICRA]A4
Long-term – Fund-based – Others 26.2 [ICRA]BB (Stable)
RNS Motors Private Limited
Long-term – Fund-based – Cash Credit 43.0 December 18, 2024 [ICRA]BBB+ (Stable) Issuer not cooperating Rationale
HI-Q Electronics (P) Limited
Cash Credit 16.5 December 18, 2024 [ICRA]BBB+ (Stable) Issuer delayed in giving information Rationale
Term Loan 48.75 [ICRA]BBB+ (Stable)
Non fund based 13.0 [ICRA]A2
Unallocated Limits 14.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Anmol Feeds Private Limited
Short-term – Interchangeable limits – Bank guarantee 20.0 December 06, 2024 [ICRA]A4 ISSUER NOT COOPERATING Issuer not cooperating Rationale
Long-term – Fund-based – Cash Credit 18.0 [ICRA]B+ ISSUER NOT COOPERATING (Stable)
Shabnam Petrofils Private Limited
Term Loan 17.81 December 31, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Fund based - Working Capital Facilities 11.5 [ICRA]BBB- (Stable)
Long term/short term Non-fund-Based Facilities 9.79 [ICRA]BBB- (Stable) / [ICRA]A3
Reproscan Tech Park LLP
Long-term – Non-fund based – Bank guarantee 7.0 December 27, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Long-term – Fund-based – Overdraft 15.65 [ICRA]BBB+ (Stable)
Long-term – Fund-based – Term Loan 102.96 [ICRA]BBB+ (Stable)
Ganga Rasayanie Private Limited
Long-term – Fund-based – Term Loan 3.97 December 26, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Long-term – Fund-based/Non-fund based – Others 126.03 [ICRA]BBB+ (Stable)
Long-term/Short-term – Interchangeable limits – Others 126.03 [ICRA]BBB+ (Stable) / [ICRA]A2
Rashtriya Seva Samithi
Long-term – Fund-based – Others 69.21 December 23, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Life Line Feeds India Pvt. Ltd.
Long-term – Fund-based – Term Loan 20.0 December 20, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Long-term/Short-term – Unallocated limits – Unallocated limits 44.97 [ICRA]BBB+ (Stable) / [ICRA]A2
Long-term/Short-term – Fund-based – Cash credit 160.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Life Line Hatcheries
Long-term – Fund-based – Term Loan 29.5 December 20, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
RP Projects Private Limited
Long-term/Short-term – Non-fund based – Proposed limits 50.0 December 18, 2024 [ICRA]BB- ISSUER NOT COOPERATING (Stable) / [ICRA]A4 ISSUER NOT COOPERATING Issuer not cooperating Rationale
FA POWER RENEWABLES HINDUPUR PRIVATE LIMITED
Long-term – Fund-based – Term Loan 52.25 December 17, 2024 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Eros Resorts and Hotels Private Limited
Cash Credit 7.5 December 17, 2024 [ICRA]BB+ (Stable) Issuer delayed in giving information Rationale
Term Loan 42.5 [ICRA]BB+ (Stable)
NSPR Constructions (India) Pvt. Ltd
Fund-based: Cash Credit 23.5 December 12, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Non-Fund Based- Bank Guarantee 236.34 [ICRA]BBB+ (Stable) / [ICRA]A2
Long term/Short Term– Unallocated 0.16 [ICRA]BBB+ (Stable) / [ICRA]A2
KJP & ASSOCIATES
Fund-based: Term Loan 70.0 December 02, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
HCG Manavata Oncology LLP
Long-term – Fund-based – Cash Credit 1.0 March 05, 2025 [ICRA]A+ (Stable) Review process is underway Rationale
Long-term – Fund-based – Term Loan 33.0 [ICRA]A+ (Stable)
Short-term – Non-fund based – Others 8.0 [ICRA]A1
Long-term/Short-term – Unallocated limits – Unallocated limits 1.93 [ICRA]A+ (Stable) / [ICRA]A1
HCG Kolkata Cancer Care LLP
Short-term – Non-fund based – Others 6.0 March 05, 2025 [ICRA]A1 Review process is underway Rationale
Long-term – Fund-based – Cash Credit 1.0 [ICRA]A+ (Stable)
Long-term – Fund-based – Term Loan 28.21 [ICRA]A+ (Stable)
HCG Medi-Surge Hospitals Private Limited
Long-term – Fund-based – Term Loan 100.68 March 05, 2025 [ICRA]A+ (Stable) Review process is underway Rationale
Long-term – Fund-based – Cash Credit 7.0 [ICRA]A+ (Stable)
Short-term – Non-fund based – Others 16.0 [ICRA]A1
HCG Oncology Hospitals LLP
Long-term – Fund-based – Cash Credit 1.0 March 05, 2025 [ICRA]A+ (Stable) Review process is underway Rationale
Short-term – Non-fund based – Others 6.5 [ICRA]A1
HCG NCHRI Oncology LLP
Long-term – Fund-based – Term Loan 100.0 March 05, 2025 [ICRA]A+ (Stable) Review process is underway Rationale
Long-term/Short-term – Unallocated limits – Unallocated limits 28.53 [ICRA]A+ (Stable) / [ICRA]A1
Virgo Aluminum Limited
Fund based/Non Fund based 217.0 December 31, 2024 [ICRA]BBB+ (Stable) / [ICRA]A2 Review process is underway Rationale
Short-term-Non-fund based-Interchangeable- Others 26.0 [ICRA]A2
Fund Based – Term Loan 33.0 [ICRA]BBB+ (Stable)
Gokula Education Foundation (Medical)
Fund-based - Cash Credit 50.0 December 31, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Long term- Term Loans 30.0 [ICRA]A+ (Stable)
Prestige Office Ventures
Term Loans 500.0 December 31, 2024 [ICRA]A+(CE) (Stable) Review process is underway Rationale
MS Ramaiah University of Applied Sciences
Fund-based: Cash Credit 32.0 December 31, 2024 [ICRA]A+ (Stable) Review process is underway Rationale
Fund based: Unallocated 18.0 [ICRA]A+ (Stable)
Prestige Beta Projects Private Limited
Fund-based: Term Loan 1300.0 December 19, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
IRC Natural Resources Private Limited
Long-term – Unallocated limits – Unallocated limits 6.0 December 31, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Long-term – Fund-based – Cash Credit 1.0 [ICRA]BBB- (Stable)
Long-term/Short-term – Non-fund based – Others 29.0 [ICRA]BBB- (Stable) / [ICRA]A3
Vaasudevo City Bus Operations Private Limited
Term Loan 59.57 December 17, 2024 [ICRA]A (Stable) Review process is underway Rationale
Fund Based Limit 11.2 [ICRA]A (Stable)
Non-fund based facility 80.85 [ICRA]A (Stable)
Tirthankar City Bus Operations Private Limited
Term Loan 67.92 December 17, 2024 [ICRA]A (Stable) Review process is underway Rationale
Fund-based Limits 15.0 [ICRA]A2+
Non Fund Based Limit 80.85 [ICRA]A (Stable)
Pinnacle Industries Limited
Fund-based - Working Capital Facilities 68.76 December 06, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Fund based Term Loan 24.94 [ICRA]BBB+ (Stable)
Non-fund-based 12.8 [ICRA]A2
Proposed bank facilities 63.5 [ICRA]BBB+ (Stable) / [ICRA]A2
Maharashtra Seamless Limited
Long-term/Short-term – Non-fund based – Others 1219.0 December 10, 2024 [ICRA]AA+ (Stable) / [ICRA]A1+ Review process is underway Rationale
Issuer 0.0 [ICRA]AA+ (Stable)
Long-term – Fund-based – Term Loan 250.0 [ICRA]AA+ (Stable)
Long-term – Fund-based – Cash Credit 106.0 [ICRA]AA+ (Stable)