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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
MAK Constructions
Long term, Fund-based facilities 18.0 October 28, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Max Properties Private Limited
Long term, Fund-based facilities 7.7 October 28, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Long Term, Unallocated 1.8 [ICRA]DISSUER NOT COOPERATING
Mid West Builders Private Limited
Term Loan 8.0 October 28, 2022 [ICRA]BISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
NJR Constructions Pvt. Ltd.
Cash Credit 10.0 October 28, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Non-fund Based 33.0 [ICRA]A4ISSUER NOT COOPERATING
Unallocated Limits 40.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
R.J. Rishikaran Projects Pvt Ltd
Term Loan 35.0 October 28, 2022 [ICRA]BISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Sri Sharadha Timbers
Fund-based-limits 2.0 October 28, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Non-Fund Based Limits 16.75 [ICRA]DISSUER NOT COOPERATING
THE WOODIND
Cash Credit (Sub Limit) 6.0 October 28, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Non fund based 10.0 [ICRA]DISSUER NOT COOPERATING
Trimurthi Hitech Company Private Limited
Long Term- Fund Based 4.75 October 28, 2022 [ICRA]C+ISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Short Term – Non Fund Based 2.75 [ICRA]A4ISSUER NOT COOPERATING
Long Term/ Short Term Unallocated 2.5 [ICRA]C+ISSUER NOT COOPERATING / [ICRA]A4ISSUER NOT COOPERATING
Vadim Infrastructure Private Limited
Long Term Fund based 2.3 October 28, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Short term fund-based 2.0 [ICRA]DISSUER NOT COOPERATING
Non fund based facilities 4.05 [ICRA]DISSUER NOT COOPERATING
Unallocated Limits 1.65 [ICRA]DISSUER NOT COOPERATING / [ICRA]DISSUER NOT COOPERATING
Vicon Ceramic Private Limited
Term Loan 3.96 October 28, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Bank Guarantee 1.60 [ICRA]A4ISSUER NOT COOPERATING
Cash Credit 6.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Welcome Tiles Private Limited
Non-fund Based 1.35 October 28, 2022 [ICRA]A4ISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Unallocated Limits 3.65 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Fund Based Cash Credit 4.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Term Loan 3.35 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Ashwinram Spinning Mills Private Limited
Cash Credit 13.0 October 26, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Bank Guarantee 0.68 [ICRA]A4ISSUER NOT COOPERATING
Term Loan 10.45 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Short Term – Non Fund Based Letter of Credit 1.0 [ICRA]A4ISSUER NOT COOPERATING
Unallocated Limit 0.87 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
STUP Consultants Private Limited
Bank Guarantee & Letter of Credit 70.0 November 15, 2023 [ICRA]BBB (Stable) Review process is underway Rationale
Fund based Overdraft 15.0 [ICRA]BBB (Stable)
Brawn Laboratories Limited
Fund based working capital limit 40.0 October 31, 2022 [ICRA]A- (Stable) Review Process Underway Rationale
Term Loan 50.0 [ICRA]A- (Stable)
Unallocated 10.0 [ICRA]A- (Stable) / [ICRA]A2+
Abad Builders Private Limited
Fund-based – Overdraft 17.35 October 28, 2022 [ICRA]BB+ (Stable) Review process is currently underway Rationale
Term Loan 10.4 [ICRA]BB+ (Stable)
Unallocated Limits 7.25 [ICRA]BB+ (Stable)
Brijbasi Art Press Limited
Cash Credit 37.0 October 21, 2022 [ICRA]BB (Stable) Review process is underway Rationale
Term Loan 2.55 [ICRA]BB (Stable)
Short-term Non Fund-based Limits 0.60 [ICRA]A4+
Unallocated 0.85 [ICRA]BB (Stable)
Ashirvad Pipes Private Limited
Long Term / Short Term - Fund based/Non Fund Based 1300.0 October 31, 2022 [ICRA]AA (Stable) / [ICRA]A1+ Review process is underway Rationale
Spectra Foods And Beverages Pvt. Ltd.
Term Loans 5.17 October 28, 2022 [ICRA]BBB (Stable) Review process is underway Rationale
Cash Credit 5.0 [ICRA]BBB (Stable)
Unallocated Limits 0.10 [ICRA]BBB (Stable)
Metalxperts (India) Private Limited
Cash Credit 6.8 October 25, 2022 [ICRA]BB (Stable) Review process is underway Rationale
Long-term Unallocated 8.2 [ICRA]BB (Stable)
Ochre and Black Private Limited
Long-term/short-term fund based limits 55.0 October 07, 2022 [ICRA]BBB+ (Stable) / [ICRA]A2 Review process is underway Rationale
HOUSE OF ANITA DONGRE PRIVATE LIMITED
Long-term/short-term unallocated 10.0 October 07, 2022 [ICRA]BBB+ (Stable) / [ICRA]A2 Review process is underway Rationale
Long-term/Short-term Fund-based Limits 10.0 [ICRA]BBB+ (Stable) / [ICRA]A2
Hindustan Shipyard Limited
Long term - Fund-based- Working Capital Facilities 175.0 October 06, 2022 [ICRA]BBB+ (Stable) Review process is underway Rationale
Long term/Short term - Non-fund Based-Working Capital Facilities 1801.43 [ICRA]BBB+ (Stable) / [ICRA]A2
Long-term/short-term unallocated 23.57 [ICRA]BBB+ (Stable) / [ICRA]A2
Century Plyboards (India) Ltd
Term Loan 15.0 October 31, 2022 [ICRA]AA (Stable) Review process is underway Rationale
Non-Fund Based Limits 280.0 [ICRA]A1+
Cash Credit 145.0 [ICRA]AA (Stable)
Mehsana District Co-Operative Milk Producers' Union Limited
Short-term Non-fund Based Limit 25.0 October 25, 2022 [ICRA]A1+ Review process is underway Rationale
Long-term Fund-based – Cash Credit/Working Capital Limits 1570.0 [ICRA]AA+ (Stable)
Long-term/ Short-term – Unallocated Limits 5.0 [ICRA]AA+ (Stable) / [ICRA]A1+
Strides Pharma Science Limited
Long-term fund-based facilities 900.0 October 05, 2023 [ICRA]A- (Negative) Review Process is underway Rationale
Short-term - Non-Fund based facilities 480.0 [ICRA]A2+
Unallocated Limits 226.5 [ICRA]A2+
Term Loan 193.5 [ICRA]A- (Negative)
EMS Limited
Cash Credit 17.0 October 28, 2022 [ICRA]BBB+ (Stable) Review process in underway Rationale
Short Term- Non-fund Based 263.0 [ICRA]A2
Shree Shakti Construction
Cash Credit 4.0 October 28, 2022 [ICRA]BB- (Stable) Review process is underway Rationale
Bank Guarantee 7.0 [ICRA]A4
Tirupati Stonex Private Limited
Cash Credit 16.0 October 28, 2022 [ICRA]BISSUER NOT COOPERATING (Stable) Review process is underway Rationale
Term Loan 20.0 [ICRA]BISSUER NOT COOPERATING (Stable)
Unallocated 4.0 [ICRA]BISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Mukand Sumi Special Steel Limited
Long-term Fund- based 200.0 October 20, 2022 [ICRA]A (Stable) Review process is underway Rationale
Term Loans 312.0 [ICRA]A (Stable)
Sri Dhanalakshmi Cotton & Rice Mills Pvt. Ltd.
Cash Credit 53.5 October 31, 2022 [ICRA]A (Stable) Issuer delayed in giving information Rationale
Short term fund-based 15.0 [ICRA]A1
Short Term - Non Fund Based 8.0 [ICRA]A1
Long Term – Unallocated 45.34 [ICRA]A (Stable)
Jadcherla Expressways Private Limited
Term Loan 30.21 October 10, 2022 [ICRA]AA- (Stable) Review under Process Rationale
Long Term – Unallocated 31.05 [ICRA]AA- (Stable)
DS-Max Properties Private Limited
Term Loan 122.0 October 31, 2022 [ICRA]BBB+ (Stable) Review process is underway Rationale
Long-term- BG 17.6 [ICRA]BBB+ (Stable)
Long Term - Unallocated 32.4 [ICRA]BBB+ (Stable)
Long Term – Overdraft Facility 18.0 [ICRA]BBB+ (Stable)
Chemiloids Life Sciences Pvt. Ltd.
Fund Based Cash Credit 10.0 October 28, 2022 [ICRA]BB+ (Stable) Issuer delayed in giving information Rationale
Hyderabad Institute of Oncology Private Limited
Cash Credit 15.0 October 28, 2022 [ICRA]A- (Stable) Issuer delayed in giving information Rationale
Unallocated Limits 26.8 [ICRA]A- (Stable)
Term Loan 25.9 [ICRA]A- (Stable)
Axora Resources Limited
Fund Based Cash Credit 50.0 October 28, 2022 [ICRA]BB+ (Stable) ISSUER NOT COOPERATING Rationale
Non fund based 13.0 [ICRA]A4+
Unallocated 27.0 [ICRA]BB+ (Stable) / [ICRA]A4+
Punjab Retail Private Limited
Cash Credit 48.0 October 07, 2022 [ICRA]BBB+ (Stable) ISSUER NOT COOPERATING Rationale
Intertouch Metal Buildings Private Limited
Cash Credit 8.01 October 04, 2022 [ICRA]BB (Stable) Review process is underway Rationale
Long-term / Short-term – Non Fund Based Limits 29.99 [ICRA]BB (Stable) / [ICRA]A4+
S. K. S. Educational and Social Trust
Term Loan 15.68 October 10, 2022 [ICRA]BB+ISSUER NOT COOPERATING (Stable) Issuer not cooperating Rationale
Fund Based – ODTCS 19.95 [ICRA]BB+ISSUER NOT COOPERATING (Stable)
Unallocated Limit 4.37 [ICRA]BB+ISSUER NOT COOPERATING (Stable) / [ICRA]A4+ISSUER NOT COOPERATING
Fourvolt Solar Private Limited
Term Loan 11.16 September 30, 2022 [ICRA]AA- (Stable) Review process is underway Rationale
Wattvolt Energy Private Limited
Term Loan 6.63 September 30, 2022 [ICRA]AA- (Stable) Review process is underway Rationale
Sungaze Power Private Limited
Term Loan 15.02 September 30, 2022 [ICRA]AA- (Stable) Review process is underway Rationale