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

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
The Indian Express Private Limited
Unallocated 30.0 November 11, 2022 [ICRA]A (Stable) / [ICRA]A1 Review process is underway Rationale
Siddhivinayak Poultry Breeding Farm & Hatcheries Pvt. Ltd.
Term Loan 14.25 November 07, 2022 [ICRA]BB (Stable) Review Process is underway Rationale
Long Term - Unallocated 6.75 [ICRA]BB (Stable)
Fund Based Cash Credit 14.0 [ICRA]BB (Stable)
PUR Energy Private Limited
Issuer rating 0.00 November 04, 2022 [ICRA]BB+ (Stable) Issuer delayed in giving information Rationale
Fund Based 80.0 [ICRA]BB+ (Stable)
Unallocated 45.0 [ICRA]BB+ (Stable) / [ICRA]A4+
Triton Hotels & Resorts Private Limited
Term Loan 94.54 September 12, 2023 [ICRA]A- (Stable) Review process is underway Rationale
Bank Guarantee 5.0 [ICRA]A- (Stable)
Overdraft 13.0 [ICRA]A2+
Shirpur-Warvade Municipal Council
Term Loans 1.9 November 29, 2022 [ICRA]BB+ (Stable) Review process is underway Rationale
Long Term – Unallocated 5.78 [ICRA]BB+ (Stable)
KSB MIL Controls Limited
Short-term Non-fund Based Limit 5.0 November 22, 2022 [ICRA]A1+ Review process is underway Rationale
Long-Term Non-fund based 122.0 [ICRA]AA (Stable)
Supertron Electronics Private Limited
Long term fund based – Channel financing 175.0 November 30, 2022 [ICRA]A+ (Stable) Review process is underway Rationale
Cash Credit 165.0 [ICRA]A+ (Stable)
Term Loans 40.0 [ICRA]A+ (Stable)
Letter of Credit 209.0 [ICRA]A1
Bank Guarantee 73.0 [ICRA]A1
TKIL Industries Private Limited
Fund based - Working Capital Facilities 43.9 November 30, 2022 [ICRA]AA (Stable) Review process is underway Rationale
Non-fund based Working Capital Limits 1734.6 [ICRA]AA (Stable)
TM International Logistics Limited
Long-term Fund-based 4.0 November 25, 2022 [ICRA]AA (Stable) Review process is underway Rationale
Short-term Non-fund Based Limit 2.5 [ICRA]A1+
Unallocated 18.5 [ICRA]AA (Stable) / [ICRA]A1+
Northland Holding Company Private Limited
Term Loans 300.0 November 25, 2022 [ICRA]A+(CE) (Stable) Issuer delayed in giving information Rationale
Neo Structo Construction Private Limited
Cash Credit 24.0 November 24, 2022 [ICRA]B+ (Stable) Rating withdrawal process underway Rationale
Short-Term Non-Fund Based 92.0 [ICRA]A4
Unallocated 64.0 [ICRA]B+ (Stable) / [ICRA]A4
Partap Industries Limited
Cash Credit 15.0 November 17, 2022 [ICRA]A (Stable) Review process underway Rationale
Long-term/short-term unallocated 7.74 [ICRA]A (Stable) / [ICRA]A2+
Term Loan 25.76 [ICRA]A (Stable)
Sudarshan Jeans Private Limited
Cash Credit 30.0 November 17, 2022 [ICRA]A (Stable) Review process underway Rationale
Term Loan 54.01 [ICRA]A (Stable)
Unallocated 9.99 [ICRA]A (Stable) / [ICRA]A2+
Srijan Realty Private Limited
Term Loan 33.93 November 30, 2022 [ICRA]A-ISSUER NOT COOPERATING (Stable) Review process is underway Rationale
Fund Based - Over Draft 64.39 [ICRA]A-ISSUER NOT COOPERATING (Stable)
Unallocated Limits 51.68 [ICRA]A-ISSUER NOT COOPERATING (Stable)
Voyants Solutions Private Limited
Fund-based Working Capital Facilities 3.0 November 29, 2022 [ICRA]BBB (Stable) Review is underway Rationale
Non-fund based Working Capital Facilities 30.0 [ICRA]A3+
Unallocated 72.0 [ICRA]BBB (Stable) / [ICRA]A3+
Tata Medical and Diagnostics Limited
Fund based/Non Fund based 30.0 November 10, 2022 [ICRA]A1 Review process is underway Rationale
Unallocated 70.0 [ICRA]A+ (Stable) / [ICRA]A1
Milecon IT Park 3B Private Limited
Term Loans 225.0 November 10, 2022 [ICRA]BBB- (Stable) Review process is underway Rationale
V.S.T. & Sons Private Limited
Cash Credit 44.0 November 30, 2022 [ICRA]A- (Stable) Review Process is underway Rationale
Unallocated 1.0 [ICRA]A- (Stable)
V.S.T. Motors Private Limited
Cash Credit 65.0 November 30, 2022 [ICRA]BBB+ (Stable) Review process is underway Rationale
Tarajyot Polymers Limited
Fund-based facilities 5.0 March 30, 2023 [ICRA]BBB (Stable) Review process is underway Rationale
Non fund based facilities 102.75 [ICRA]A3+
Short-term, Unallocated facilities 0.40 [ICRA]A3+
P P Products Private Limited
Fund Based 7.5 March 30, 2023 [ICRA]BBB (Stable) Review process is underway Rationale
Non fund based 89.72 [ICRA]A3+
Unallocated 3.78 [ICRA]A3+
Vinayak Steels Limited
Cash Credit 27.0 November 30, 2022 [ICRA]BB+ (Stable) Issuer delayed in giving information Rationale
Non-fund Based 7.0 [ICRA]A4+
Term Loan 10.11 [ICRA]BB+ (Stable)
Unallocated Limits 4.17 [ICRA]BB+ (Stable)
Bafna Pharmaceuticals Limited
Term Loan 10.0 November 30, 2022 [ICRA]BB+ (Stable) Review process is underway Rationale
Fund Based - Working Capital 17.5 [ICRA]BB+ (Stable)
Non-Fund based – Forward Cover 2.5 [ICRA]A4+
Pyrotech Electronics Private Limited
Cash Credit 56.0 November 03, 2022 [ICRA]BBB- (Stable) Review process is underway Rationale
Term Loan 5.37 [ICRA]BBB- (Stable)
Bank Guarantee 58.0 [ICRA]BBB- (Stable)
Unallocated 25.63 [ICRA]BBB- (Stable)
Fund based- Standby Line of Credit 5.0 [ICRA]BBB- (Stable)
Shree Vishwakarma Builders
Term Loan 34.5 October 31, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Spica Projects And Infrastructures Pvt. Ltd.
Cash Credit 4.87 October 31, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Term Loan 0.57 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Non fund based 28.85 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Stable Packaging Private Limited
Cash Credit 6.0 October 31, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Long Term – Unallocated 8.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Short Term – Non Fund Based 1.0 [ICRA]A4ISSUER NOT COOPERATING
PMR Construction Company
Long Term Fund based 5.0 October 31, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Non-fund Based 15.0 [ICRA]A4ISSUER NOT COOPERATING
Techser Power Solutions Pvt. Ltd.
Cash Credit 8.0 October 28, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Short Term- Non-fund Based 11.75 [ICRA]A4ISSUER NOT COOPERATING
Unallocated Limits 0.25 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Metawood Display System
Long Term Fund based 20.0 October 27, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
K. Madana Mohana Rao And Company
Cash Credit 12.0 October 27, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Term Loan 1.5 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Swarnodhayam Credits Private Limited
Term Loan 30.0 October 26, 2022 [ICRA]BB (Stable) Issuer delayed in giving information Rationale
SB Urbanscapes
Unallocated Limits 20.0 October 19, 2022 [ICRA]BISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Sri Krishna Shelters Private Limited
Term Loan 10.0 October 19, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Non-fund Based 5.0 [ICRA]DISSUER NOT COOPERATING
Gillco Construction Private Limited
Fund Based Cash Credit 10.0 October 19, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Indo Vacuum Technologies Private Limited
Short Term- Non-Fund Based Limit 0.5 October 19, 2022 [ICRA]A4ISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Long Term – Cash Credit 2.2 [ICRA]BISSUER NOT COOPERATING (Stable)
Long term - Term loan 1.5 [ICRA]BISSUER NOT COOPERATING (Stable)
Unallocated 3.35 [ICRA]BISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
MVP Group International Inc
Fund-based –Overdraft 641.6 October 19, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Reliance Industrial Consortium Limited
Cash Credit 6.2 October 14, 2022 [ICRA]B-ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Unallocated Limits 4.3 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Bhatia & Company
Long-term/short-term unallocated 7.37 October 14, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Short-term – Non-fund based 12.0 [ICRA]A4ISSUER NOT COOPERATING
Long Term – Fund Based – TL 10.37 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Long Term – Fund Based – CC 58.5 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Sparkle One Mall Developers Private Limited
Term Loan 400.0 October 04, 2022 [ICRA]A (Stable) Review process is underway Rationale
G Ramamoorthi Constructions India Private Limited
Fund-based-limits 5.0 October 28, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Non-Fund Based Limits 5.0 [ICRA]A4ISSUER NOT COOPERATING
Greenworth Infrastructures Private Limited
Long-term – Fund-based 10.0 October 28, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Short-term – Non-fund based 10.0 [ICRA]A4ISSUER NOT COOPERATING