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
Seaga India Private Limited
Short Term-Non Fund Based-Others 2.0 October 24, 2024 [ICRA]A4 ISSUER NOT COOPERATING Issuer not cooperating Rationale
Polestar Traders Private Limited
Cash Credit 8.0 October 24, 2024 [ICRA]D ISSUER NOT COOPERATING Issuer not cooperating Rationale
Non-fund Based 1.5 [ICRA]D ISSUER NOT COOPERATING
Sevoke Motors Private Limited
Cash Credit 17.5 October 24, 2024 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Topline Overseas
Non-Fund Based Limits 5.25 October 24, 2024 [ICRA]A4 ISSUER NOT COOPERATING Issuer not cooperating Rationale
Unallocated Limits 4.15 [ICRA]B ISSUER NOT COOPERATING (Stable) / [ICRA]A4 ISSUER NOT COOPERATING
Cash Credit 1.2 [ICRA]B ISSUER NOT COOPERATING (Stable)
Term Loan 0.41 [ICRA]B ISSUER NOT COOPERATING (Stable)
L.A. Hotels & Retreats Private Limited
Term Loan 15.0 October 24, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
ERPL Warehousing Park Private Limited
Term Loan 235.4 October 24, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Indian Crop Science Private Limited
Fund Based- Cash Credit 5.0 October 24, 2024 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Term Loan 0.5 [ICRA]B+ ISSUER NOT COOPERATING (Stable)
Unallocated Limits 1.0 [ICRA]B+ ISSUER NOT COOPERATING (Stable)
Royal Motors Gwalior Private Limited
Cash Credit 7.0 October 24, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Nuway Organic Naturals (India) Limited
Cash Credit 8.0 October 24, 2024 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Term Loan 18.0 [ICRA]DISSUER NOT COOPERATING
Unallocated Limits 6.0 [ICRA]DISSUER NOT COOPERATING
Svs Constructions
Long Term - Unallocated 25.0 October 24, 2024 [ICRA]BISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Ramesh Company
Cash Credit 14.0 October 24, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Unallocated 6.0 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Siddipet Municipality
Issuer rating 0.0 October 24, 2024 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
IMI Abrasives (P) Ltd.
Fund Based Cash Credit 7.2 October 24, 2024 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Unallocated Limit 2.8 [ICRA]B+ ISSUER NOT COOPERATING (Stable) / [ICRA]A4 ISSUER NOT COOPERATING
United Electricals & Engineering Pvt Ltd
Cash Credit 5.0 October 22, 2024 [ICRA]B ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Short Term-Non Fund Based-Others 37.0 [ICRA]A4 ISSUER NOT COOPERATING
UNITY CARE AND HEALTH SERVICES PRIVATE LIMITED
Term Loan 8.05 October 16, 2024 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Fund-based: Cash Credit 4.0 [ICRA]B+ ISSUER NOT COOPERATING (Stable)
Unallocated Limits 6.45 [ICRA]B+ ISSUER NOT COOPERATING (Stable)
Som Distilleries & Breweries Odisha Private Limited
Fund Based Cash Credit 20.0 March 11, 2025 [ICRA]BBB+ (Stable) Review process is underway Rationale
Term Loans 17.63 [ICRA]BBB+ (Stable)
Long Term/ Short Term – Unallocated 12.37 [ICRA]BBB+ (Stable) / [ICRA]A2
Woodpecker Distilleries & Breweries Private Limited
Fund Based Cash Credit 50.0 March 11, 2025 [ICRA]BBB+ (Stable) Review process is underway Rationale
Long-term fund-based – Term Loans 5.0 [ICRA]BBB+ (Stable)
Short Term – Non Fund Based 10.0 [ICRA]A2
Miryalaguda Municipality
Issuer rating 0.0 October 30, 2024 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
East India Technologies Private Limited
Fund based-Working Capital Limits 41.0 October 29, 2024 [ICRA]BBB (Stable) Review process is underway Rationale
Non-Fund Based Limits 37.0 [ICRA]A3+
Term Loan 41.46 [ICRA]BBB (Stable)
Unallocated 0.54 [ICRA]BBB (Stable)
Poorvika Mobiles Private Limited
Fund-Based – Overdraft Limits 35.0 October 29, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Term Loan 101.68 [ICRA]BBB+ (Stable)
Fund-based – Bill Discounting (Channel financing) 30.0 [ICRA]A2
P. D. Shah and Sons
Cash Credit 14.8 October 29, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Unallocated Limit 10.2 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Rajrajeshwar Cotton Industries
Cash Credit 4.75 October 28, 2024 [ICRA]B+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Term Loan 1.25 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Epack Durable Limited
Non-Fund Based Limits 600.0 October 25, 2024 [ICRA]A2+ Review process is underway Rationale
Term Loans 77.11 [ICRA]A (Stable)
Fund Based - Working Bill Discounting 290.0 [ICRA]A2+
Long term & Short Term – Fund Based - Cash 276.0 [ICRA]A (Stable) / [ICRA]A2+
AIRCEL LIMITED
Fund based Term Loan 13729.0 October 24, 2024 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Long-term Non Fund Based 3750.0 [ICRA]DISSUER NOT COOPERATING
Meerpet Municipal Corporation
Issuer rating 0.0 October 24, 2024 [ICRA]B+ ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
AIRCEL SMART MONEY LIMITED
Fund based Term Loan 13729.0 October 24, 2024 [ICRA]DISSUER NOT COOPERATING Issuer not cooperating Rationale
Long Term Non Fund Based 3750.0 [ICRA]DISSUER NOT COOPERATING
Mazda Colours Limited
Fund-based-limits 45.0 October 18, 2024 [ICRA]A- (Stable) / [ICRA]A2+ Information not received Rationale
Non-Fund Based Limits 20.0 [ICRA]A2+
IGT Solutions Pvt. Ltd.
Fund-based/Non-fund Based Limits 40.0 October 17, 2024 [ICRA]A (Stable) / [ICRA]A1 Review process is underway Rationale
Sagility Limited
Long Term / Short Term - Fund Based limits 300.0 October 09, 2024 [ICRA]BBB (Stable) / [ICRA]A3+ Review process is underway Rationale
Kajaria Bathware Private Limited
Cash Credit 20.0 October 30, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Kajaria Sanitaryware Private Limited
Cash Credit 10.0 October 30, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
SAEL Solar P5 Private Limited
Fund based Term Loan 1794.0 October 21, 2024 [ICRA]BBB+ (Stable) Review process is underway Rationale
Agra Development Authority
Proposed Term Loan 500.0 October 21, 2024 [ICRA]BBB (Stable) Review process is underway Rationale
Talwandi Sabo Power Limited
fund-based – Working capital facilities loan 750.0 July 18, 2025 [ICRA]A+ Rating Watch with Developing Implications / [ICRA]A1 Rating Watch with Developing Implications Review process is underway Rationale
non-fund based – Working capital facilities loan 650.0 [ICRA]A+ Rating Watch with Developing Implications / [ICRA]A1 Rating Watch with Developing Implications
CHR Constructions
Fund-based: Cash Credit 27.0 May 06, 2025 [ICRA]BB- ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Non fund based- Bank Guarantee 53.0 [ICRA]BB- ISSUER NOT COOPERATING (Stable)
Venkatalakshmi Paper and Boards Private Limited
Fund based Term Loan 24.0 October 30, 2024 [ICRA]BB (Stable) Review process is underway Rationale
Fund Based Cash Credit 36.0 [ICRA]BB (Stable)
Unallocated 3.0 [ICRA]BB (Stable)
Vaighai Chemical Industries Limited
Cash Credit 20.0 October 30, 2024 [ICRA]BBB- (Stable) Issuer delayed in giving information Rationale
Non-fund based facility 17.0 [ICRA]A3
Term Loans 9.40 [ICRA]BBB- (Stable)
Fund-based– WCDL 2.0 [ICRA]BBB- (Stable)
Unallocated 0.39 [ICRA]BBB- (Stable) / [ICRA]A3
Prasuna Vamsikrishna Spinning Mills Private Limited
Cash Credit 9.0 October 29, 2024 [ICRA]BBB- (Stable) Issuer not cooperating Rationale
Short-tern – non-fund based 0.20 [ICRA]A3
Sahrudaya Health Care Pvt. Ltd
Short-term Fund-based Overdraft Facility 203.0 October 28, 2024 [ICRA]A3+ Review process is underway Rationale
LT-Unallocated 17.0 [ICRA]BBB (Stable)
Sri Ramalingeswara Modern Rice Mill
Fund-based-Cash Credit 81.0 October 22, 2024 [ICRA]BB+ (Stable) Issuer not cooperating Rationale
Unallocated Limits 2.0 [ICRA]BB+ (Stable)
Non-fund based –Bank Guarantee (Sub Limit) 10.0 [ICRA]A4+
Sparsh Infratech Pvt. Ltd
Term Loan 142.0 October 22, 2024 [ICRA]BBB(CE) (Stable) Issuer delayed in giving information Rationale
Organic India Private Limited
Fund based Term Loan 10.0 October 03, 2024 [ICRA]A- (Stable) Review process is underway Rationale
Fund Based Cash Credit 126.0 [ICRA]A- (Stable)
Non Fund-based Limits 6.0 [ICRA]A2+
Essvy Constructions India Pvt. Ltd.
Fund Based Cash Credit 7.0 October 28, 2024 [ICRA]BBB- (Stable) Review process is underway Rationale
Bank Guarantee 23.0 [ICRA]BBB- (Stable)
Non-Fund Based-Proposed 10.0 [ICRA]BBB- (Stable)
Tata Cummins Private Limited (erstwhile Tata Cummins Limited)
Fund Based / Non Fund Based Limits 52.0 October 25, 2024 [ICRA]AA (Stable) / [ICRA]A1+ Review process is underway Rationale
Dream Pet Private Limited
Fund-based: Term Loan 26.0 October 23, 2024 [ICRA]B+ (Stable) Review process is underway Rationale
Fund-based: Cash Credit 5.0 [ICRA]B+ (Stable)
Impresario Entertainment and Hospitality Private Limited
Fund based - Proposed Term Loans 100.0 October 15, 2024 [ICRA]BBB (Stable) Issuer not cooperating Rationale
Long Term / Short Term – Unallocated Limits 50.0 [ICRA]BBB (Stable) / [ICRA]A3+
Commercial Syn Bags Limited
Cash Credit 89.0 October 08, 2024 [ICRA]BBB (Stable) Review process is underway Rationale
Term Loan 40.0 [ICRA]BBB (Stable)
Non fund based facilities 10.0 [ICRA]A3+
Unallocated Limits 2.0 [ICRA]BBB (Stable) / [ICRA]A3+
Rose Gems
Unallocated Limit 24.0 October 03, 2024 [ICRA]BBB- (Stable) / [ICRA]A3 Review process is underway Rationale
Samini Ceramics Limited
Long-term-Fund-Based-Cash Credit 28.0 August 19, 2025 [ICRA]BBB- (Negative) Issuer delayed in giving information Rationale