annexure iicareratings.com/pdf/resources/6.2.2.aannexureii-h2fy18.pdf52 ajmera pharmasure limited...

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Sr. No. Name of the Issuer Rating prior to revision Rating post revision 1 79 Developers CARE B+ CARE D; ISSUER NOT COOPERATING 2 A B T Investments (India) Private Limited CARE B CARE D 3 A.S.Betgeri CARE BB- CARE B+; Stable 4 AAK Kamani Private Limited CARE A- CARE A; Stable 5 Aakash Global Foods Private Limited CARE BBB CARE BBB+; Stable 6 Aamor Inox Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING 7 Aarohi Solar Private Limited CARE BBB (SO) CARE BBB+; Stable 8 Aarohi Solar Private Limited CARE BBB- CARE BBB+; Stable 9 Aashirwad Industries Private Limited CARE B CARE D; ISSUER NOT COOPERATING 10 Aatulya Lifecare Private Limited CARE B CARE D 11 Abans Broking Service Private Limited CARE BB CARE BB+; Stable 12 Abans Finance Private Limited CARE BB CARE BB+; Stable 13 Abans Jewels Private Limited CARE BB CARE BB+; Stable 14 Abbott Cold Storages Private Limited CARE BB+ CARE BB; Stable 15 ABC India Limited CARE BBB- CARE BB+; Stable 16 Abilities India Pistons and Rings Limited CARE BB CARE BB+; Stable 17 ABP News Network Private Limited CARE A- CARE A; Stable 18 Accurate Infra Industries Private Limited CARE B+ CARE D 19 Accurex Biomedical Private Limited CARE BB+ CARE BB-; Stable; ISSUER NOT COOPERATING 20 Acme Jaisalmer Solar Power Private Limited CARE BBB (SO) CARE BBB+; Stable 21 Acme Jaisalmer Solar Power Private Limited CARE BBB- CARE BBB+; Stable 22 Acuity India Resorts Private Limited CARE B+ CARE D 23 Adani Agri Logistics (Kotkapura) Limited CARE BBB CARE BBB+; Stable 24 Adani Green Energy Limited CARE BBB CARE BBB+ (SO); Stable 25 Adhunik Niryat Ispat Limited CARE BB CARE BB+; Stable 26 Adig Jemtex Private Limited CARE BB- CARE BB; Stable 27 Adilabad Expressway Private Limited CARE BB- CARE BB+; Stable 28 Adinath Cars Private Limited CARE BB- CARE BB; Stable 29 Adithya Automotive Applications Private Limited CARE A- @ CARE BBB+; Stable 30 Aditya Auto Industries CARE BB- CARE B+; ISSUER NOT COOPERATING 31 Aditya Industries CARE BB CARE BB-; Stable 32 Aditya Marine Limited CARE BB CARE BB-; Stable 33 Aditya Timpack Private Limited CARE B+ CARE BB-; Stable 34 Advance Metering Technology Limited CARE BB CARE BBB-; Stable 35 Advent Infraprojects Private Limited CARE BB- CARE B; Stable 36 AE Tollway Private Limited CARE BBB (SO) CARE BBB+ (SO); Stable 37 AG8 Ventures Limited CARE B+ CARE D; ISSUER NOT COOPERATING 38 Age Old Spirits CARE B+ CARE BB-; Stable 39 Agh Wires Private Limited CARE B CARE D; ISSUER NOT COOPERATING 40 Agri Best India Limited CARE BB- CARE B+ 41 Ahill Apparel Exports Private Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING 42 Ahir Salt and Allied Products Private Limited CARE BB CARE BB+; Stable 43 Aircel Cellular Limited CARE BBB- (SO) @ CARE BB+ (SO); Negative 44 Aircel Cellular Limited CARE BB+ (SO) CARE D 45 Aircel Limited CARE BBB- (SO) @ CARE BB+ (SO); Negative 46 Aircel Limited CARE BB+ (SO) CARE D 47 Aircel Smart Money Limited CARE BBB- (SO) @ CARE BB+ (SO); Negative 48 Aircel Smart Money Limited CARE BB+ (SO) CARE D 49 Ajai Builders CARE B+ CARE BB-; Stable 50 Ajay Protech Private Limited CARE BB+ CARE BB; ISSUER NOT COOPERATING 51 Ajeet and Company CARE BB- CARE B+; Stable 52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash Fishmeal And Fishoil Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING 55 Akbar Online Booking Company Private Limited CARE BBB- (SO) CARE BB (SO); Stable 56 Akbar Online Booking Company Private Limited CARE BB+ CARE BB; Stable 57 Akbar Travels of India Private Limited CARE BBB- CARE BB; Stable 58 Alankit Assignments Limited CARE BB+ CARE BBB-; Stable 59 Alchaw Metprint India Limited CARE BB- CARE BB; Stable 60 All Kind Healthcare Unit-III CARE B+ CARE BB-; Stable 61 Allure Gift Wraps Private Limited CARE BB- CARE BB; Stable 62 AL-Sami Agro Products Private Limited CARE BB- CARE BB; Stable 63 AL-Sami Food Exports Private Limited CARE B+ CARE BB-; Stable 64 Amba Enterprises Limited CARE BB+ CARE BB; ISSUER NOT COOPERATING 65 Amber Spintex Private limited CARE BB- CARE BB; Stable 66 Ambit Concrete Private Limited CARE BB+ CARE BB; Stable 67 AMCL Machinery Limited CARE B+ (SO) CARE B; Stable 68 Amit Metaliks Limited CARE BBB- CARE D; ISSUER NOT COOPERATING 69 Amit Mines Private Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING 70 Amjey Chem Trade Private Limited CARE BB CARE BB+; Stable 71 Amman-Try Sponge & Power Private Limited CARE BBB- CARE BBB; Stable 72 Amtrak Technologies Private Limited CARE BB CARE BB+; Stable 73 Anamika Sugar Mills Private Limited CARE BB+ CARE BBB-; Stable 74 Anand Carbo Private Limited CARE BBB- CARE BBB; Stable Rating Movement between October 2017 to March 2018 Long Term Annexure II 1

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Page 1: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

1 79 Developers CARE B+ CARE D; ISSUER NOT COOPERATING

2 A B T Investments (India) Private Limited CARE B CARE D

3 A.S.Betgeri CARE BB- CARE B+; Stable

4 AAK Kamani Private Limited CARE A- CARE A; Stable

5 Aakash Global Foods Private Limited CARE BBB CARE BBB+; Stable

6 Aamor Inox Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

7 Aarohi Solar Private Limited CARE BBB (SO) CARE BBB+; Stable

8 Aarohi Solar Private Limited CARE BBB- CARE BBB+; Stable

9 Aashirwad Industries Private Limited CARE B CARE D; ISSUER NOT COOPERATING

10 Aatulya Lifecare Private Limited CARE B CARE D

11 Abans Broking Service Private Limited CARE BB CARE BB+; Stable

12 Abans Finance Private Limited CARE BB CARE BB+; Stable

13 Abans Jewels Private Limited CARE BB CARE BB+; Stable

14 Abbott Cold Storages Private Limited CARE BB+ CARE BB; Stable

15 ABC India Limited CARE BBB- CARE BB+; Stable

16 Abilities India Pistons and Rings Limited CARE BB CARE BB+; Stable

17 ABP News Network Private Limited CARE A- CARE A; Stable

18 Accurate Infra Industries Private Limited CARE B+ CARE D

19 Accurex Biomedical Private Limited CARE BB+ CARE BB-; Stable; ISSUER NOT COOPERATING

20 Acme Jaisalmer Solar Power Private Limited CARE BBB (SO) CARE BBB+; Stable

21 Acme Jaisalmer Solar Power Private Limited CARE BBB- CARE BBB+; Stable

22 Acuity India Resorts Private Limited CARE B+ CARE D

23 Adani Agri Logistics (Kotkapura) Limited CARE BBB CARE BBB+; Stable

24 Adani Green Energy Limited CARE BBB CARE BBB+ (SO); Stable

25 Adhunik Niryat Ispat Limited CARE BB CARE BB+; Stable

26 Adig Jemtex Private Limited CARE BB- CARE BB; Stable

27 Adilabad Expressway Private Limited CARE BB- CARE BB+; Stable

28 Adinath Cars Private Limited CARE BB- CARE BB; Stable

29 Adithya Automotive Applications Private Limited CARE A- @ CARE BBB+; Stable

30 Aditya Auto Industries CARE BB- CARE B+; ISSUER NOT COOPERATING

31 Aditya Industries CARE BB CARE BB-; Stable

32 Aditya Marine Limited CARE BB CARE BB-; Stable

33 Aditya Timpack Private Limited CARE B+ CARE BB-; Stable

34 Advance Metering Technology Limited CARE BB CARE BBB-; Stable

35 Advent Infraprojects Private Limited CARE BB- CARE B; Stable

36 AE Tollway Private Limited CARE BBB (SO) CARE BBB+ (SO); Stable

37 AG8 Ventures Limited CARE B+ CARE D; ISSUER NOT COOPERATING

38 Age Old Spirits CARE B+ CARE BB-; Stable

39 Agh Wires Private Limited CARE B CARE D; ISSUER NOT COOPERATING

40 Agri Best India Limited CARE BB- CARE B+

41 Ahill Apparel Exports Private Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

42 Ahir Salt and Allied Products Private Limited CARE BB CARE BB+; Stable

43 Aircel Cellular Limited CARE BBB- (SO) @ CARE BB+ (SO); Negative

44 Aircel Cellular Limited CARE BB+ (SO) CARE D

45 Aircel Limited CARE BBB- (SO) @ CARE BB+ (SO); Negative

46 Aircel Limited CARE BB+ (SO) CARE D

47 Aircel Smart Money Limited CARE BBB- (SO) @ CARE BB+ (SO); Negative

48 Aircel Smart Money Limited CARE BB+ (SO) CARE D

49 Ajai Builders CARE B+ CARE BB-; Stable

50 Ajay Protech Private Limited CARE BB+ CARE BB; ISSUER NOT COOPERATING

51 Ajeet and Company CARE BB- CARE B+; Stable

52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable

53 Akansha Ispat Private Limited CARE BB CARE BB+

54 Akash Fishmeal And Fishoil Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

55 Akbar Online Booking Company Private Limited CARE BBB- (SO) CARE BB (SO); Stable

56 Akbar Online Booking Company Private Limited CARE BB+ CARE BB; Stable

57 Akbar Travels of India Private Limited CARE BBB- CARE BB; Stable

58 Alankit Assignments Limited CARE BB+ CARE BBB-; Stable

59 Alchaw Metprint India Limited CARE BB- CARE BB; Stable

60 All Kind Healthcare Unit-III CARE B+ CARE BB-; Stable

61 Allure Gift Wraps Private Limited CARE BB- CARE BB; Stable

62 AL-Sami Agro Products Private Limited CARE BB- CARE BB; Stable

63 AL-Sami Food Exports Private Limited CARE B+ CARE BB-; Stable

64 Amba Enterprises Limited CARE BB+ CARE BB; ISSUER NOT COOPERATING

65 Amber Spintex Private limited CARE BB- CARE BB; Stable

66 Ambit Concrete Private Limited CARE BB+ CARE BB; Stable

67 AMCL Machinery Limited CARE B+ (SO) CARE B; Stable

68 Amit Metaliks Limited CARE BBB- CARE D; ISSUER NOT COOPERATING

69 Amit Mines Private Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

70 Amjey Chem Trade Private Limited CARE BB CARE BB+; Stable

71 Amman-Try Sponge & Power Private Limited CARE BBB- CARE BBB; Stable

72 Amtrak Technologies Private Limited CARE BB CARE BB+; Stable

73 Anamika Sugar Mills Private Limited CARE BB+ CARE BBB-; Stable

74 Anand Carbo Private Limited CARE BBB- CARE BBB; Stable

Rating Movement between October 2017 to March 2018 Long Term

Annexure II

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Page 2: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

75 Ananda Offset Private Limited CARE A- CARE A; Stable

76 Anandaloke Medical Centre Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

77 Anantshree Polymers Private Limited CARE BB CARE BB+; Stable

78 Anchor Agritech CARE B+ CARE B; Stable

79 Anchor Health and Beauty Care Private Limited CARE BBB- CARE BB+; Stable

80 Angel Fibers Private Limited CARE B+ CARE BB-; Stable

81 Animesh Ispat Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

82 Anjani Polytec Private Limited CARE B CARE B+; Stable

83 Anna Bhau Ajara Taluka Shetkari Sahkari Soot Girani Limited CARE BB CARE BB-; Stable

84 Anthem Editute Trust CARE BB- CARE BB; Stable

85 Antony Road Transport Solutions Private Limited CARE D CARE B+; Stable

86 Anusha Projects Private Limited CARE BB+ CARE BBB-; Stable

87 Apical Exim Private Limited CARE BB CARE BB+; Stable

88 Apollo Fiege Integrated Logistics Private Limited CARE BBB (SO) CARE BBB- (SO); Stable

89 Apollo Logisolutions Limited CARE BBB CARE BBB-; Stable

90 Appachi Eco-Logic Cotton Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

91 Aqua Designs India Private Limited CARE BBB- CARE BB+; Stable

92 Aradhan Chemtech CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

93 Araxxa Foods Private Limited CARE B+ CARE BB-; Stable

94 Arcadia Shipping Limited CARE BB- CARE D

95 Arcotech Limited CARE BB CARE BB-; ISSUER NOT COOPERATING

96 Ardent Steel Limited CARE D CARE BB; Stable

97 Arihant Plantations Private Limited CARE BB CARE BB+; Stable

98 Arion Healthcare CARE BB+ CARE BB; ISSUER NOT COOPERATING

99 Arjav Diamonds India Private Limited CARE BBB+ CARE BBB-; Stable

100 Arohan Financial Services Private Limited CARE BBB+ CARE A-; Stable

101 Array Land Developers Private Limited CARE BB+ CARE D; ISSUER NOT COOPERATING

102 Art and Crafts Exclusives CARE BB- CARE B; Stable

103 Artedz Fabs Private Limited CARE B CARE BB-; Stable

104 Arti Silk Mills Private Limited CARE BB CARE BB+; Stable

105 Aruna Finance Limited CARE BB- CARE BB+; Stable

106 Arvind PD Composites Private Limited CARE BBB CARE BBB+; Stable

107 Arvindbhai Bechardas Jewellers Private Limited CARE BBB CARE BBB+; Stable

108 Asan Memorial Association CARE D CARE BB-; Stable

109 Ashapura Intimates Fashion Limited CARE BBB+ CARE A; Stable

110 Ashashree Frozen foods Private Limited CARE B CARE B+; Stable

111 Ashiana Dwellings Private Limited CARE BB (SO) CARE BB-; Negative

112 Ashiana Dwellings Private Limited CARE BB- CARE B; Stable

113 Ashiana Dwellings Private Limited CARE BB- CARE D

114 Ashok Leyland Limited CARE AA CARE AA+; Stable

115 Ashok Motors CARE BB- CARE BB; Stable

116 Ashutosh Chawal Udyog CARE B+ CARE BB-; Stable

117 Ashwini Frozen Foods CARE B CARE D

118 ASK Home Furnishing Private Limited CARE BB CARE D; ISSUER NOT COOPERATING

119 ASPS Developers LLP CARE A (SO) CARE A+ (SO); Stable

120 Associated Alcohols & Breweries Limited CARE BBB+ CARE A-; Stable

121 Associated Broadcasting Company Private Limited CARE BBB- CARE BBB; Stable

122 Associated Colours Industries Private Limited CARE B CARE D; ISSUER NOT COOPERATING

123 Associated Polytech Industries Private Limited CARE BB CARE BB-; Stable

124 Atlas Textiles CARE B+ CARE D; Stable; ISSUER NOT COOPERATING

125 Atria Brindavan Power Private Limited CARE BB+ (SO) CARE BBB- (SO); Stable

126 Atria Solar Power Private Limited CARE BBB- CARE BB; Stable; ISSUER NOT COOPERATING

127 Au Small Finance Bank Limited CARE A+ CARE AA-; Stable

128 Avexa Corporation Private Limited CARE BBB CARE BBB+; Stable

129 Avirat Infrastructure Private Limited CARE BB- CARE BB; Stable

130 Axis Electrical Components (India) Private Limited CARE A- CARE BBB; Stable

131 Axis My India Limited CARE BBB- CARE BBB+; Stable

132 Axita Cotton Private Limited CARE B+ CARE BB-; Stable

133 Ayan Foods CARE B CARE B+; Stable

134 Ayushman Medical Diagnostics Private Limited CARE BBB- CARE BBB; Stable

135 Backbone Projects Limited CARE D CARE B; Stable

136 Bagaria Education Trust CARE BB+ CARE BB; Stable

137 Bajaj Energy Limited CARE BB- @ CARE D

138 Bajaj Processpack Limited CARE B+ CARE B; Stable

139 Bala Industries and Entertainment Private Limited CARE BBB (SO) CARE BBB+ (SO); Stable

140 Balaji Mobitech Private Limited CARE BB- CARE D

141 Bannari Amman Spinning Mills Limited CARE A- CARE BBB+; Stable

142 Bansal Associates CARE BB- CARE BB; Stable

143 Bansal Pathways (Damoh-Katni) Private Limited CARE BBB CARE BBB+; Stable

144 Bansal Pathways (Guna-Sironj) Private Limited CARE BBB- CARE BBB+; Stable

145 Bansal Pathways Private Limited CARE BBB CARE BBB+; Stable

146 Baramati Speciality Steels Limited CARE BBB CARE BBB+; Stable

147 BBT Elevated Road Private Limited CARE BBB (SO) CARE BBB- (SO); Negative

148 BCS India Private Limited CARE BBB CARE BBB+; Stable

149 Bell Flower Trading Company Private Limited CARE BB CARE BB+; Stable

150 Bengal & Assam Company Limited CARE A CARE A+; Positive

151 Bengal Aerotropolis Projects Limited CARE BB CARE D

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Page 3: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

152 Best IT World (India) Private Limited CARE BB+ CARE BBB-; Stable

153 Betul Oils Limited CARE BBB CARE BBB-; Stable

154 Bhaarathi Spintex India Private Limited CARE BB- CARE BB; Stable

155 Bhagawati Estate Warehouse_(Kolaras) CARE B+ CARE B; Stable

156 Bhageria Industries Limited CARE BBB CARE BBB+; Stable

157 Bhagiradha Chemicals and Industries Limited CARE BB- CARE BB+; Stable

158 Bhagwati Lacto Vegetarian Exports Private Limited CARE BB+ CARE BBB-; Stable

159 Bhanavi Agro Private Limited CARE BB- CARE B+; Stable

160 Bhanu Construction CARE BBB- CARE BB+; ISSUER NOT COOPERATING

161 Bharat Financial Inclusion Limited - Securitization CARE AA (SO) CARE AAA (SO)

162 Bharat Hitech Cements Private Limited CARE BB- CARE BB; Stable

163 Bharat Spun Pipe and Construction Company CARE BB- CARE D; ISSUER NOT COOPERATING

164 Bharuch Dahej Railway Company Limited CARE A- CARE BBB+; Stable

165 Bhatia Energy & Minerals Private Limited CARE BB- CARE BB; Stable

166 Bhilangana Hydro Power Limited CARE A- CARE A; Stable

167 Bhilwara-Rajsamand Tollway Private Limited CARE BBB CARE BBB+; Stable

168 Bholaram Education Society CARE BB CARE D

169 Bhoruka Power Corporation Limited CARE BBB (FD) CARE BBB- (FD); Stable

170 Bhoruka Power Corporation Limited CARE BBB CARE BBB-; Stable

171 Bindals Papers Mills Limited CARE BB- CARE BB+; Stable

172 Bio Med Healthcare Products Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

173 Birbal Dass Ritesh Kumar CARE B CARE B-; Stable; ISSUER NOT COOPERATING

174 Birla Furukawa Fibre Optics Private Limited CARE A CARE A+; Stable

175 Blessings Advertising Private Limited CARE BB- CARE BB; Stable

176 Blue Circle Organics Private Limited CARE BB CARE BBB-; Stable

177 Blue Star Diamonds Private Limited CARE BBB+ CARE BB+; Stable

178 Bluestar Cottspin Private Limited CARE B+ CARE BB-; Stable

179 BMI Wholesale Trading Private Limited CARE BB+ CARE B+; Stable

180 Brahmaputra River Valley Trading Private Limited CARE BB+ CARE BB; Stable

181 Brahmmas Agro Industries Private Limited CARE BBB- CARE BB+; Stable

182 Bravo Sponge Iron Private Limited CARE BB CARE BB+; Stable

183 Briar Knoll Mills Private Limited CARE BBB- CARE D

184 Brightsolar Renewable Energy Private Limited CARE BBB CARE A-; Stable

185 Brijraj Motors Private Limited CARE BB CARE BB+; Stable

186 Brooks Laboratories Limited CARE BBB CARE BBB-; Negative

187 BSC C&C Kurali Toll Road Limited CARE B+ CARE D

188 BSCPL Infrastructure Limited CARE BB- CARE D

189 BSCPL Infrastructure Limited CARE D CARE B+; Stable

190 BST Infratech Limited CARE BBB- CARE BBB; Stable

191 BTM Corp Limited CARE BB CARE D

192 BTM Fabrics Private Limited CARE B+ CARE B; Stable

193 BTM Industries Limited CARE BB- CARE D

194 Budge Budge Refineries Limited CARE BBB CARE BBB+; Stable

195 Buildmate Projects Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

196 Byreddy Vishnuvardhan Reddy CARE B+ CARE B; Stable

197 C. P. Ispat Private Limited CARE D CARE B; Stable

198 Caparo Engineering India Limited CARE B+ CARE BB+; Stable

199 Care Office Equipment Limited CARE BB+ CARE C; Stable

200 Care Utility Products Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

201 Cargo Motors Private Limited CARE BBB- CARE BB+; Stable

202 Castle Liquors Private Limited CARE BBB CARE BBB- @

203 CB Doctor Ventilators Private Limited CARE B CARE B+; Stable

204 Ceigall India Limited CARE BB CARE B+; ISSUER NOT COOPERATING

205 Centenary Polytex Private Limited CARE BB- CARE BB; Stable

206 Centex International Private Limited CARE A- CARE BBB+; Stable

207 Chartered Hotels Private limited CARE B CARE D

208 Cherma`s Exquisite Limited CARE BB- CARE B+; Stable

209 Chhattisgarh Investments Limited CARE BBB- CARE BBB; Stable

210 Chinar Forge Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

211 Choudhary Construction Company CARE BB+ CARE BBB-; Stable

212 City Rolling Mills Private Limited CARE BB CARE BB+; Stable

213 Clarion Properties Limited CARE BB CARE BB+; Stable

214 Classic Engicon Private Limited CARE BB CARE BB+; Stable

215 Clean Wind Power (Pratapgarh) Private Limited CARE BBB+ CARE A; Stable

216 Clear Water Limited CARE BB CARE BB-; Stable

217 CLS Industries Private Limited CARE C CARE D; Stable; ISSUER NOT COOPERATING

218 CMK Projects Private Limited CARE BB CARE BB+; Stable

219 Coastal Farms CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

220 Color Granito Private Limited CARE B+ CARE BB-; Stable

221 Colors Sulzer Private Limited CARE BB CARE BB+; Stable

222 Conffi Sanitaryware Private Limited CARE BB+ CARE BBB; Stable

223 Consulting Engineers Group Limited CARE A- CARE A; Stable

224 Couple International Private Limited CARE BB- CARE D

225 Crab And Taur Engineers Private Limited CARE BB CARE BB-; Stable

226 Cream Jewellery CARE BB CARE BB-; Stable

227 Crescent Auto Repairs and Services India Limited CARE BB CARE BB+; Stable

228 CRI Limited CARE BBB CARE BBB+; Stable

3

Page 4: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

229 CT Educational Society CARE BBB- CARE BB; Stable; ISSUER NOT COOPERATING

230 Cura Sanitaryware LLP CARE B+ CARE D

231 Curo India Private Limited CARE BB (SO) CARE D; ISSUER NOT COOPERATING

232 D.Navinchandra Jewels CARE BBB CARE BBB-; Stable

233 Dar Credit & Capital Limited CARE BB+ CARE BBB-; Stable

234 Darjeeling Tea and Chinchona Association Limited CARE BB CARE BB+; Stable

235 Darpan Jewels Gujarat LLP CARE BB+ CARE BBB-; Stable

236 Dashmesh Rubber Industries Private Limited CARE B CARE B+; Stable

237 Datta Agro Services Private Limited CARE B CARE D

238 Davangere Sugar Company Limited CARE BBB- CARE BB+; Stable

239 Dayanidhi Solar Power Private Limited CARE BBB (SO) CARE BBB+; Stable

240 Dayanidhi Solar Power Private Limited CARE BBB- CARE BBB+; Stable

241 De Converter India Private Limited CARE BB CARE BB+; Stable

242 Deccan Enterprises Limited CARE BBB+ CARE A-; Stable

243 Deccan Jewellers Private Limited CARE BB- CARE B+; Stable

244 Deem Construction Company Private Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

245 Deem Construction Company Private Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

246 Deesan Cotex Private Limited CARE B+ CARE B; Stable

247 Denis Chem Lab Limited CARE BB+ CARE D

248 Denis Chem Lab Limited CARE D CARE BB; Stable

249 Devanshi Construction CARE B+ CARE D; Stable; ISSUER NOT COOPERATING

250 Devu Tools Private Limited CARE BB CARE BB+; Stable

251 Dewan Housing Finance Corporation Limited - Securitization CARE AA (SO) CARE AAA (SO)

252 Dewan Housing Finance Corporation Limited - Securitization CARE AA- (SO) CARE AAA (SO)

253 Dhanlaxmi Bank Limited CARE D CARE BB; Stable

254 Dhanraj and Company CARE B CARE B-; Stable; ISSUER NOT COOPERATING

255 Dhanuka Soya Private Limited CARE BB+ CARE BBB-; Stable

256 Dhanvridhi Commercial Private Limited CARE B- CARE D

257 Dharti Cotspin Private Limited CARE BB- CARE BB; Stable

258 Dharti Dredging & Infrastructure Limited CARE BBB- CARE D

259 Digital Circuits Private Limited CARE BB- CARE B; Stable; ISSUER NOT COOPERATING

260 Dignity Buildcon Private Limited CARE BB+ CARE D

261 Dignus Infra Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

262 Dindayal Industries Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

263 Dishnet Wireless Limited (AIRCEL) CARE BBB- (SO) @ CARE BB+ (SO); Negative

264 Dishnet Wireless Limited (AIRCEL) CARE BB+ (SO) CARE D

265 Doosan Power Systems India Private Limited CARE A+ (SO) CARE A (SO); Stable

266 Doosan Power Systems India Private Limited CARE AA- (SO) CARE A+ (SO); Stable

267 Doosan Power Systems India Private Limited CARE AA (SO) CARE AA- (SO); Stable

268 Dreamz Overseas Private Limited CARE B CARE B+; Stable

269 Dredging Corporation of India Limited CARE AA- CARE A+; Negative

270 DSG Papers Private Limited CARE BB CARE BB+; Stable

271 Duhan Electric Works CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

272 Dungarmal Dhanraj and Company CARE B CARE B-; Stable; ISSUER NOT COOPERATING

273 Dwarkadhish Cotspin Private Limited CARE BB+ CARE BBB-; Stable

274 Earthcon Buildtech Private Limited CARE B+ CARE D

275 Earthcon Construction Private Limited CARE B+ CARE D

276 Echanda Urja Private Limited CARE BBB CARE A-; Stable

277 Eco Cement India Limited CARE BB CARE BB+; Stable

278 Eco Protection Engineers Private Limited CARE BB+ CARE BBB-; Stable

279 Eco Tech Papers CARE BBB CARE BBB+; Stable

280 EDEN Mumbai Solar Private Limited CARE A- CARE A+; Stable

281 EDEN Renewable Ranji Private Limited CARE A- CARE A+; Stable

282 EDEN Solar Energy Gurgaon Private Limited CARE A- CARE A+; Stable

283 EDEN Solar Rajdhani Private Limited CARE A- CARE A+; Stable

284 E-Homes Infrastructure Private Limited CARE BB CARE BB+; Stable

285 Eisha Concord Realtors CARE BB CARE BB-; ISSUER NOT COOPERATING

286 Electropneumatics & Hydraulics India Private Limited CARE BBB+ CARE A-; Stable

287 Elektromag Devices Private Limited CARE BBB+ CARE BBB; Stable

288 Elektromag-Joest Vibration Private Limited CARE BBB CARE BBB-; Stable

289 Embee Agro Food Industries Private Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

290 Emcure Pharmaceuticals Limited CARE AA- CARE A+; Stable

291 Emperor Textiles Private Limited CARE BB- CARE B+; Stable

292 Emrald Resilient Tyre Manufacturers Private Limited CARE BB+ CARE BB; Stable

293 EMS Infracon Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

294 Emson Gears Limited CARE BB- CARE BB; Stable

295 Enaltec Labs Private Limited CARE BBB+ CARE BBB; Stable

296 Energy Development Company Limited CARE BBB- CARE BB+; Stable

297 Energy Development Company Limited CARE BB+ CARE D

298 Enersan Power Private Limited CARE BBB CARE BBB+; Stable

299 Enershell Alloys & Steel Private Limited CARE D CARE B; Stable

300 Enexio Power Cooling Solutions India Private Limited CARE BBB+ CARE BBB; Stable

301 E-Procurement Technologies Limited CARE BBB CARE BBB+; Stable

302 Epsilon Carbon Private Limited CARE BBB- CARE BBB; Stable

303 Eros Grand Resorts & Hotels Private Limited CARE BB CARE BB+; Stable

304 Eros International Media Limited CARE A+ CARE A-; Stable

305 Eros International Media Limited CARE A- CARE BBB+; Stable

4

Page 5: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

306 Escorts Heart Institute and Research Centre Limited CARE A+ @ CARE A- @

307 Escorts Heart Institute and Research Centre Limited CARE A+ @ CARE BBB+ @

308 Essar Oil Limited CARE A @ CARE AA-; Stable

309 Etawah-Chakeri (Kanpur) Highway Private Limited CARE D CARE BB; Stable

310 Etco Digital Private Limited CARE BB- CARE B+; Stable

311 Eveready Spinning Mills Private Limited CARE BBB+ CARE A-; Stable

312 Everest Kanto Cylinder Limited CARE B CARE BB; Positive

313 Exicom Tele-Systems Limited CARE BBB- CARE BBB; Stable

314 Fabrico India Private Limited CARE BB CARE B; Stable; ISSUER NOT COOPERATING

315 Fairdeal FIBC Overseas CARE BB CARE BB-; Stable

316 Fedders Electric And Engineering Limited CARE BBB+ CARE BBB; Stable

317 Federal Mogul Goetze India Limited CARE A CARE A+; Stable

318 Ferozepur Foods Private Limited CARE BB- CARE BB; Stable

319 Fiorenza Granito Private Limited CARE BB CARE BB+; Stable

320 Fiotex Cotspin Private Limited CARE BB- CARE BB+; Stable

321 Five-Star Business Finance Limited CARE BBB+ CARE A-; Positive

322 Flamingo Pharmaceuticals Limited CARE BB+ CARE B; Stable; ISSUER NOT COOPERATING

323 Floorex Tiles CARE BB CARE B+; Stable; ISSUER NOT COOPERATING

324 Fonroche Raajhans Energy Private Limited CARE A- CARE A; Stable

325 Fonroche Saaras Energy Private Limited CARE A- CARE A; Stable

326 Forace Polymers Private Limited CARE BBB- CARE BBB; Stable

327 Fortis Healthcare Limited CARE A+ @ CARE A- @

328 Fortis Healthcare Limited CARE A- @ CARE BBB+ @

329 Fortune Cars Private Limited CARE B+ CARE B; Stable

330 Fouzdar Cars Private Limited CARE B+ CARE B; ISSUER NOT COOPERATING

331 Fouzdar Cars Private Limited CARE B CARE B+; Stable

332 Freemans Measures Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

333 Freewill Sports Private Limited CARE A- CARE A; Stable

334 Frystal Pet Private Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

335 G M Infinite Dwelling India Private Limited CARE BBB- CARE BB; Stable

336 G.C. Spintex Limited CARE BBB- CARE BBB; Stable

337 G.D.Goenka Private Limited CARE BBB+ CARE BB+; ISSUER NOT COOPERATING

338 G.R Constructions CARE B+ CARE BB-; Stable

339 Gadre Marine Export CARE BBB CARE BBB+; Stable

340 Gadre Marine Export Private Limited CARE A- CARE A; Stable

341 Gagan Fibres Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

342 Galaxy Bearings Limited CARE BB+ CARE BBB-; Stable

343 Galaxy Motors CARE B+ CARE B; Stable

344 Gandhar Oil Refinery India Limited CARE BBB CARE BBB+; Stable

345 Ganeshgarhia Construction Company CARE BBB- CARE BBB; Stable

346 Gangavaram Port Limited CARE AA- CARE AA; Stable

347 Ganpati Plastfab Limited CARE BBB- CARE BB+; Stable

348 Garg Steels_(Jalandhar) CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

349 Garve Motor Private Limited CARE B+ CARE BB-; Stable

350 Gaurishanker Electro Castings Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

351 Gautam Freight Private Limited CARE BBB CARE BBB+; Stable

352 Gawar Construction Limited CARE A CARE A+; Stable

353 Gayatri Projects Limited CARE BBB- CARE BB-; Negative

354 Gayatri Projects Limited CARE BB- CARE D

355 GEA BGR Energy System India Limited CARE A CARE A-; Stable

356 Geecy Engineering Private limited CARE BBB- CARE BBB; Stable

357 Gennova Biopharmaceutical Limited CARE AA- (SO) CARE A+ (SO); Stable

358 Gentleman Suitings Private Limited CARE BB- CARE B; Stable

359 Genuine Promoters CARE BBB CARE BB+; ISSUER NOT COOPERATING

360 Genuine Promoters CARE BB+ CARE BBB-; ISSUER NOT COOPERATING

361 Ghan Marine Products CARE BB- CARE BB; Stable

362 Ghanshyam Anjana CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

363 Ghanshyam Das Rungta Foundation CARE BBB- CARE BBB; Stable

364 Ghevariya Exports CARE BBB- CARE BB+; Stable

365 Ginger Infrastructure Private Limited CARE B+ CARE D

366 Ginni Refractories Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

367 Glisten Gold Collections Private Limited CARE BB+ CARE BBB-; Stable

368 Global Denims Private Limited CARE B+ CARE BB-; Stable

369 Global Footwear CARE BB CARE BB-; Stable

370 Global Jewellery Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

371 Globus Spirits Limited CARE A CARE A-; Stable

372 Glocal Healthcare Systems Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

373 Glochem Industries Private Limited CARE BBB- CARE BBB+; Stable

374 GMR Bajoli Holi Hydro Power Limited CARE D CARE BB-; Stable

375 GMR Chennai Outer Ring Road Private Limited CARE BBB- (SO) CARE BB (SO); Stable

376 GMR Gujarat Solar Power Limited CARE BBB- CARE BBB+; Stable

377 GMR Pochanpalli Expressways Limited CARE AA (SO) CARE A- (SO); Stable

378 GMR Warora Energy Limited CARE D CARE BB; Stable

379 Goa Glass Fibre Limited CARE B+ CARE BB; Stable

380 Godavari Plasto Containers Private Limited CARE B+ CARE BB-; Stable

381 Godawari Green Energy Limited CARE BBB- CARE BBB; Positive

382 Godawari Power and Ispat Limited CARE D CARE BB+; Stable

5

Page 6: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

383 Goel Roadways CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

384 Gold Plus Glass Industry Limited CARE BB CARE BB+; Positive

385 Golden Triangle Fort and Palace Private Limited CARE BB CARE BB-; Stable

386 Gorakhpur Kasia Tollways Private Limited CARE A- CARE A+; Stable

387 Goraya Straw Board Mills Private Limited CARE BB- CARE D; ISSUER NOT COOPERATING

388 Gosree Finance Limited CARE BB+ CARE BBB-; Stable

389 Gourishankar Cotex CARE B+ CARE BB-; Stable

390 Govind Milk & Milk Products Private Limited CARE BBB- CARE BB; Negative; ISSUER NOT COOPERATING

391 Goyal Educational & Welfare Society CARE BB- CARE D; ISSUER NOT COOPERATING

392 Goyal Energy and Steel Private Limited CARE BB+ CARE BBB-; Stable

393 Grand Windsor Resorts Limited CARE BB+ CARE BBB-; Stable

394 Great Eastern Energy Corporation Limited CARE C CARE BB+; Stable

395 Great Eastern Energy Corporation Limited CARE D CARE BB+; Stable

396 Greater Warangal Muncipal Corporation CARE A (Is) CARE A- (Is); Stable

397 Greentech Power Private Limited CARE BBB+ CARE A-; Stable

398 GRG Cotspin Private Limited CARE BBB+ CARE A-; Stable

399 Growel Processors Private Limited CARE BB+ CARE BBB; Stable

400 Growing Opportunity Finance India Private Limited CARE BB+ CARE BBB-; Stable

401 Gujarat Infrapipes Private Limited CARE BB CARE D; ISSUER NOT COOPERATING

402 Gujarat Metal Cast Industries Limited CARE BBB CARE BBB-; Stable

403 Gulf Oil Lubricants India Limited CARE AA- CARE AA; Stable

404 Gupta Enterprises CARE BBB CARE BB+; Stable; ISSUER NOT COOPERATING

405 Gupta Hair Products Private Limited CARE BBB CARE BB+; Stable; ISSUER NOT COOPERATING

406 GVK Janani Shishu Suraksha (UP) CARE BBB CARE BBB-; Negative

407 Gyanmudra Education Foundation CARE B+ CARE BB-; Stable

408 H K Lumbers LLP CARE D CARE B; Stable

409 H K Timbers Private Limited CARE D CARE B; Stable

410 H. P. Cotton Casuals Private Limited CARE BB CARE BB+; Stable

411 H. P. Rajyaguru CARE B+ CARE BB-; Stable

412 Haldia Nirman Projects Private Limited CARE B CARE BB-; Stable

413 Haldia Petrochemicals Limited CARE A- CARE A+; Stable

414 Haldia Petrochemicals Limited CARE A+ CARE AA-; Positive

415 Haldyn Glass Limited CARE BBB+ CARE A-; Stable

416 Hamilton Land Developers Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

417 Hanuman Cotton Industries CARE B+ CARE D; ISSUER NOT COOPERATING

418 Hanuman Weaving Factory CARE BBB- CARE BB+; Stable

419 Haresh Petrochem Private Limited CARE BB- CARE BB; Stable

420 Haridwar Highways Projects Limited CARE B+ CARE B; Stable

421 Harmony Plastics Private Limited CARE BBB CARE BBB+; Stable

422 Harmony Yarns Private Limited CARE BB- CARE BB; Stable

423 Hetero Med Solutions Limited CARE AA- (SO) CARE A+ (SO); Stable

424 Hetero Wind Power (Pennar) Private Limited CARE AA- (SO) CARE A+ (SO); Stable

425 Hetero Wind Power Limited CARE AA- (SO) CARE A+ (SO); Stable

426 Hightech Healthcare CARE BB- CARE B+; Stable

427 Hillways Construction Company Private Limited CARE BBB+ CARE BBB; ISSUER NOT COOPERATING

428 Hillways Hospitality LLP CARE BBB+ (SO) CARE BBB (SO)

429 Him Cylinders Limited CARE BB- CARE D

430 Him Steel Private Limited CARE BB- CARE D

431 Him Valves and Regulators Private Limited CARE BB- CARE D

432 Himachal Baspa Power Company Limited CARE A+ CARE AA-; Stable

433 Himadri Speciality Chemicals Limited CARE A CARE A+; Stable

434 Himalayan Heli Services Private Limited CARE BB+ CARE BB; ISSUER NOT COOPERATING

435 Hind Unitrade Private Limited CARE BB- CARE BB; Stable

436 Hindupur Solar Park Private Limited CARE BBB CARE BBB+; Stable

437 Hindusthan Ispat Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

438 Hindusthan National Glass and Industries Limited CARE B+ CARE C; Negative

439 Hindusthan National Glass and Industries Limited CARE B+ CARE D

440 Hindusthan National Glass and Industries Limited CARE C CARE D; ISSUER NOT COOPERATING

441 Hindys Lab Private Limited CARE BB+ CARE BBB-; Stable

442 Hollis Vitrified Private Limited CARE BB CARE BB-; ISSUER NOT COOPERATING

443 Honey Overseas CARE B+ CARE BB-; Stable

444 Honour Lab Limited CARE BBB+ CARE A-; Stable

445 Hotel Mayfair Private Limited CARE B+ CARE BB-; Stable

446 Housing Development Finance Corporation Limited - Securitisation CARE A+ (SO) CARE AAA (SO)

447 Huhtamaki Foodservice Packaging India Private Limited CARE BB+ CARE BB; Stable

448 Hypercity Retail India Limited CARE A (SO) @ CARE AA- (SO); Stable

449 Hypercity Retail India Limited CARE BBB+ (SO) CARE AA- (SO); Stable

450 Ice Make Refrigeration Limited CARE BBB- CARE BBB+; Stable

451 Ice Touch Resort Private Limited CARE B CARE B+; Stable

452 Idasa India Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

453 IDBI Mutual Fund CARE AA- mfs CARE AAA mfs

454 IKF Finance Limited - Securitization CARE A- (SO) CARE A+ (SO)

455 IKF Finance Limited - Securitization CARE A- (SO) CARE AA- (SO)

456 IMP Powers Limited CARE BBB- CARE BB+; Stable

457 Impresario Entertainment and Hospitality Private Limited CARE B CARE BB-; Stable

458 Incredible Realcon Private Limited CARE BBB- (SO) CARE BB+ (SO); Negative

459 Independent News Service Private Limited CARE A CARE A+; Stable

6

Page 7: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

460 India Carbon Limited CARE BBB- CARE BBB; Stable

461 Indiabulls Asset Management Company Limited CARE AAA mfs CARE A+ mfs

462 Indiabulls Housing Finance Limited - Securitization CARE AA+ (SO) CARE AAA (SO)

463 Indiabulls Housing Finance Limited - Securitization CARE AA (SO) CARE AAA (SO)

464 Indian Acrylics Limited CARE BBB- CARE B; Negative

465 Indian Acrylics Limited CARE BBB- CARE D

466 Indian Designs Exports Private Limited CARE BBB+ CARE BBB; Stable

467 Indo Brine Industries Limited CARE B+ CARE BB-; Stable

468 Indospace Industrial Park Oragadam Walajabad Limited CARE BBB+ CARE A-; Stable

469 Indra Marshal Power Private Limited CARE B- CARE C; Stable

470 Indsur Global Limited CARE BBB- CARE BB+; Stable

471 Indus Projects Private Limited CARE BB+ CARE BBB-; Stable

472 Industrial Perforation India Private Limited CARE B CARE B+; Stable

473 Inled Lightning LLP CARE B+ CARE BB-; Stable

474 Inmark Retail Private Limited CARE BBB (SO) CARE BB (SO); Stable

475 Innovative Cuisine Private Limited CARE A- CARE A; Stable

476 Integra Micro Systems Private Limited CARE BBB- CARE BBB; Stable

477 Integrated Cleanroom Technologies Private Limited CARE A- CARE A; Stable

478 Internex Poly Private Limited CARE BB- CARE B+; Stable

479 Intex Technologies (India) Limited CARE A @ CARE A-; Negative

480 IOL Chemicals and Pharmaceuticals Limited CARE BB CARE BBB-; Stable

481 Ion Healthcare Private Limited CARE BBB CARE BBB+; Stable

482 IUP Jindal Metals & Alloys Limited CARE BBB+ CARE A-; Stable

483 IVL Dhunseri Petrochem Industries Private Limited CARE A- @ CARE A; Stable

484 J P and Company CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

485 J. K. Fenner (India) Limited CARE A+ CARE AA-; Stable

486 Jadeja Industries Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

487 Jagannath Extrusion India Limited CARE BBB- CARE BB+; Stable

488 Jagat Agro (Ahmedabad) CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

489 Jagat Agro Tech Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

490 Jagath Transport CARE B CARE B+; Stable

491 Jagdish Prasad Agarwal CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

492 Jai Karni Suitings Private Limited CARE B+ CARE BB-; Stable

493 Jaigad Power Transco Limited CARE A+ CARE AA-; Stable

494 Jain Grani Marmo Private Limited CARE BB- CARE B; Stable

495 Jain Hydraulics Private Limited CARE BB- CARE D; ISSUER NOT COOPERATING

496 Jain Shawls CARE BB CARE B; Stable; ISSUER NOT COOPERATING

497 Jainco Buildcon Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

498 Jaipur National University CARE BBB CARE BBB-; ISSUER NOT COOPERATING

499 Jaisingh Alloys Private Limited CARE BB+ CARE BBB-; Stable

500 Jammu Pigments Limited CARE BB- CARE BB; Stable

501 Jamu Automobiles Private Limited CARE BB CARE BB+; Stable

502 Jash Engineering Limited CARE BBB+ CARE A-; Stable

503 Javery Incorporation CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

504 Jay Agro Industries CARE B+ CARE D; ISSUER NOT COOPERATING

505 Jay Jay Mills (India) Private Limited CARE BBB+ CARE A-; Stable

506 Jay Somnath Paper Mill CARE B CARE B+; Stable

507 Jay Traders CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

508 Jayalakshmi Sea Foods Private Limited CARE BBB CARE BBB-; ISSUER NOT COOPERATING

509 Jayanti Contractors and Engineers Limited CARE B+ CARE BB-; Stable

510 JDB Steel LLP CARE BB CARE BB+; Stable

511 Jesons Industries Limited CARE BBB CARE BBB+; Stable

512 Jhaveri Flexo India Limited CARE BB+ CARE BBB-; Stable

513 Jhawar International CARE BB- CARE D; ISSUER NOT COOPERATING

514 Jindal ITF Limited CARE A+ (SO) CARE AA- (SO); Positive

515 Jindal Saw Limited CARE A+ CARE AA-; Positive

516 Jindal Stainless (Hisar) Limited CARE BBB- CARE BBB+; Stable

517 Jindal Stainless Limited CARE C CARE BB+; Stable

518 Jindal Stainless Limited CARE D CARE BB+; Stable

519 JK Agri Genetics Limited CARE BBB+ CARE A-; Stable

520 Jocil Limited CARE A CARE A-; Negative

521 JP Agro CARE B CARE D

522 JR Toll Road Private Limited CARE A+ (SO) @ CARE A- (SO) @

523 JRE Infra Private Limited CARE BBB- @ CARE BB; Negative

524 JSIW Infrastructure Private Limited CARE A- CARE A; Stable

525 JSW Dharamtar Port Private Limited CARE A CARE A+; Stable

526 JSW Dharamtar Port Private Limited CARE A+ CARE AA-; Stable

527 JSW Infrastructure Limited CARE A+ CARE AA-; Stable

528 JSW Jaigarh Port Limited CARE A+ CARE AA-; Stable

529 JSW Paradip Terminal Private Limited Provisional CARE A+ (SO) CARE AA- (SO); Stable

530 Jugnu Foods Private Limited CARE B+ CARE BB-; Stable

531 Juhi Alloys Limited CARE B+ CARE BB+; Stable

532 Juhi Industries Private Limited CARE BB CARE D

533 Jumbo Finvest (India) Limited CARE BBB- CARE BBB; Stable

534 Jupiter International Limited CARE B CARE BB-; Stable

535 Jupiter Lifeline Hopitals Limited CARE BBB+ CARE A-; Stable

536 Jupiter Petrochem CARE BB CARE BB-; ISSUER NOT COOPERATING

7

Page 8: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

537 Jupiter Solar Power Limited CARE B CARE BB-; Stable

538 K A I International Private Limited CARE BB CARE BB+; Stable

539 K R Enterprises CARE B CARE B+; Stable

540 K World Estate Private Limited CARE BB CARE BB+; Stable

541 K. B. Ispat Private Limited CARE BB CARE BB-; ISSUER NOT COOPERATING

542 K. K. Builders Private Limited CARE BB CARE BB+; Stable

543 K. K. Sorathia CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

544 K. P. Industries CARE B CARE D

545 K. Ramachandra Rao Transmission and Projects Private Limited CARE BBB+ CARE A-; Stable

546 K.N. Resources Private Limited CARE BBB- CARE BBB; Stable

547 K.P.R. Mill Limited CARE AA- CARE AA; Stable

548 K.P.R. Sugar Mill Limited CARE A- CARE A; Stable

549 K.R Kumar CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

550 Kailash Shipping Services Private Limited CARE BBB CARE BBB-; Stable

551 Kalapurna Steel & Engineering Private Limited CARE BB+ CARE BB; Negative

552 Kanchana Automobiles Private Limited CARE BB CARE BB-; Stable

553 Kanchanjunga Power Company Private Limited CARE BBB- CARE BBB+; Stable

554 Kancor Ingredients Limited CARE BBB+ CARE A-; Stable

555 Kanwar Enterprises Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

556 Kapil Mohan & Associates Hydro Power Private Limited CARE BB- CARE BB; Stable

557 Karanj Textile Park Private Limited CARE BB CARE BB-; Stable

558 Kare Power Resources Private Limited CARE BB CARE BB+; Stable

559 Kasera Ginning Factory CARE B+ CARE BB-; Stable

560 Kashi Vishwanath Mills Private Limited CARE BBB- CARE BBB; Stable

561 Kashi Vishwanath Steels Private Limited CARE BBB- CARE BBB; Stable

562 Kaveri Ginning Industries Private Limited CARE BB- CARE BB; Stable

563 KEC International Limited CARE A+ CARE AA-; Stable

564 KEF Infrastructure India Private Limited CARE BBB- CARE BB+; Stable

565 Kena Alloys Private Limited CARE B+ CARE D

566 Kerala Balers Private Limited CARE BB- CARE BB; Stable

567 Kesar Multimodal Logistics Limited CARE BB+ (SO) CARE B+ (SO); Stable

568 Kesar Terminals & Infrastructure Limited CARE BB+ CARE B+; Stable

569 KGN Motors Private Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

570 Khadim India Limited CARE BBB+ CARE A-; Stable

571 Khagaria Purnea Highway Project Limited CARE A CARE A-; Stable

572 Khagaria Purnea Highway Project Limited CARE A- CARE BBB+; Stable

573 Khandoba Distilleries Limited CARE BB CARE D

574 Khosla Profil Private Limited CARE BBB- CARE BBB; Stable

575 KIE Engineering Private Limited CARE BBB+ CARE A-; Stable

576 King Yarns Private Limited CARE BB- CARE BB; Stable

577 Kiran Gems Private Limited CARE A CARE A+; Stable

578 Kiran Global Chem Limited CARE BBB- CARE BB; Stable

579 Kiran Infra Engineers Limited CARE BB+ CARE BBB-; Stable

580 Kiran Jewelry CARE A CARE A+; Stable

581 Kiran Jewels (India) CARE A CARE A+; Stable

582 Kirloskar Electric Company Limited CARE B+ CARE C

583 Kirloskar Electric Company Limited CARE B+ (FD) CARE C (FD)

584 Kirloskar Electric Company Limited CARE B+ CARE D

585 Kirti Agrotech Limited CARE BB+ CARE BBB-; Stable

586 Kirti Agrovet Limited CARE BB+ CARE BBB-; Stable

587 Kirti Dal Mills Limited CARE BB+ CARE BBB-; Stable

588 Kirti Gold Limited CARE BB+ CARE BBB-; Stable

589 Knack Packaging Private Limited CARE BBB- CARE BBB; Stable

590 Kogta Financial India Limited CARE BBB- CARE BBB; Stable

591 Kotecha Industries Limited CARE BB CARE D; ISSUER NOT COOPERATING

592 KPC Medical College & Hospital CARE BB CARE D; ISSUER NOT COOPERATING

593 KPC Projects Limited CARE BBB+ CARE A-; Stable

594 Kripa Telecom CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

595 Krishna Ganga Spinning Mills Private Limited CARE BB CARE BB-; ISSUER NOT COOPERATING

596 Krishna Murthy Spinning Mills Private Limited CARE B CARE B+; Stable

597 Krishna Sai Educational Society CARE BB+ CARE BBB-; Stable

598 Krishna Wax Private Limited CARE BB- CARE BB; Stable

599 Kriti Nutrients Limited CARE BBB CARE BBB+; Stable

600 Krushi Infras India Private Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

601 Kuantum Papers Limited CARE BBB+ (FD) CARE A- (FD); Stable

602 Kuantum Papers Limited CARE BBB+ CARE A-; Stable

603 Kulkarni Power Tools Limited CARE B- CARE B+; Stable

604 Kumar Agro Products Private Limited Provisional CARE BB- (SO) CARE B+ (SO); Stable

605 Kurmi Energy Private Limited CARE D CARE B-; Stable

606 KYB-Conmat Private Limited CARE BBB CARE BBB+; Stable

607 L&T Finance Holdings Limited CARE AA+ (RPS) CARE AAA (RPS); Stable

608 L&T Finance Holdings Limited CARE AA+ CARE AAA; Stable

609 L&T Finance Limited (Erstwhile known as Family Credit Limited) CARE AA CARE AA+; Stable

610 L&T Finance Limited (Erstwhile known as Family Credit Limited) CARE AA+ CARE AAA; Stable

611 L&T Finance Limited (Erstwhile known as Family Credit Limited) CARE PP-MLD AA+ CARE PP-MLD AAA; Stable

612 L&T Housing Finance Limited CARE AA CARE AA+; Stable

613 L&T Housing Finance Limited CARE AA+ (FD) CARE AAA (FD); Stable

8

Page 9: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

614 L&T Housing Finance Limited CARE AA+ CARE AAA; Stable

615 L&T Infrastructure Finance Company Limited CARE AA CARE AA+; Stable

616 L&T Infrastructure Finance Company Limited CARE AA+ CARE AAA; Stable

617 Lahoty Buildcon Limited CARE BB CARE BB+; Stable

618 Lalpur Wind Energy Limited CARE BBB CARE BBB+; Stable

619 Latiyal Handicrafts Private Limited CARE BB CARE BB+; Stable

620 Leela Business Venture Private Limited CARE BB CARE BB-; Stable

621 Leela Krishna Automobiles Private Limited CARE BB CARE BB+; Stable

622 Libas Designs Private Limited CARE BB CARE BB+; Stable

623 Live Wires Advertising Private Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

624 Logan Minerals Private Limited CARE BB CARE BB+; Stable

625 Lokesh Machines Limited CARE D CARE B-; Stable

626 Lord Shiva Trust CARE B+ CARE D; ISSUER NOT COOPERATING

627 Lords Infracon Private Limited CARE B CARE B+; Stable

628 Lotus Texpark Limited CARE A+ (SO) CARE AA- (SO); Stable

629 Lotus Wireless Technologies India Private Limited CARE BBB- CARE BBB; Stable

630 Loxim Industries Limited CARE BBB CARE BBB+; Stable

631 Lunawat Milk and Agro Private Limited CARE B+ CARE B-; Stable

632 M P Associates CARE B+ CARE BB-; Stable

633 M. B. Patil Constructions Limited CARE BBB CARE BBB+; Stable

634 M. K. Agrotech Private Limited CARE A- CARE A; Stable

635 M. Ranganathan CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

636 M. S. Ramaiah Developers and Builder Private Limited CARE BBB+ CARE BBB; Stable

637 Maa Usha Urja Limited CARE BB CARE BB+; Stable

638 Macro Group Private Limited CARE BB- CARE D; ISSUER NOT COOPERATING

639 Made Easy Education Private Limited CARE A- CARE BBB+; ISSUER NOT COOPERATING

640 Madhav Industries CARE BB- CARE BB; Stable

641 Madhav Infracon (BK Corridor) Private Limited CARE BBB+ (SO) CARE A- (SO); Stable

642 Madhav Solar (Karnataka) Private Limited CARE BBB+ (SO) CARE A- (SO); Stable

643 Madhav Textiles CARE BB- CARE D; ISSUER NOT COOPERATING

644 Madhu Silica Private Limited CARE AA CARE AA+; Stable

645 Madhuram Construction Company CARE BBB- CARE BB+; Stable

646 Madhya Bharat Power Corporation Limited CARE BB+ CARE BB; Stable

647 Madhya Bharat Power Corporation Limited CARE BBB- (SO) CARE BBB (SO); Stable

648 Mafatlal Industries Limited CARE BBB CARE BBB-; Negative

649 Magma Fincorp Limited - Securitization CARE BBB- (SO) CARE A- (SO)

650 Magma Fincorp Limited - Securitization CARE AA (SO) CARE AAA (SO)

651 Mahabal Metals Private Limited CARE BBB+ CARE A-; Stable

652 Mahabal Metals Private Limited CARE BBB+ CARE A-; Stable

653 Mahalaxmi Vidyut Private Limited CARE BBB CARE BBB+; Stable

654 Mahatma Jyotiba Fule Vidhyapeeth Samiti CARE BB+ CARE B; Stable; ISSUER NOT COOPERATING

655 Mahendra Sponge and Power Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

656 Mahendra Strips Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

657 Mahi Granites Private Limited CARE BBB- CARE BBB; Stable

658 Maithan Alloys Limited CARE A+ CARE AA-; Stable

659 Maithan Steel & Power Limited CARE BBB- CARE BBB; Stable

660 Majestic Exports CARE BB+ CARE BBB-; Stable

661 Malaxmi Highway Private Limited CARE B+ CARE BB-; Stable

662 Man Infra Construction Limited CARE BBB+ CARE A-; Stable

663 Man Projects Limited CARE BBB+ (SO) CARE A- (SO); Stable

664 Manaj Tollway Private Limited CARE BBB+ (SO) CARE A- (SO); Stable

665 Maneesh Pipes Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

666 Mangal Murti Fabrics Private Limited CARE B CARE B+; Stable

667 Maniam Properties Private Limited CARE BB+ CARE BBB- (SO); Stable

668 Manifold Agricrops Private Limited CARE BBB+ CARE BBB; ISSUER NOT COOPERATING

669 Manohar Infrastructure and Constructions Private Limited CARE BBB- CARE BB+; ISSUER NOT COOPERATING

670 Marian Projects Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

671 Marshal Manufacturing and Exports CARE BB CARE BB-; Stable

672 Maruti Clean Coal and Power Limited CARE BBB CARE BBB+; Stable

673 Maruti Fertochem Limited CARE B+ CARE B; ISSUER NOT COOPERATING

674 Maruti Infracreation Private Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

675 Mathura Extractions CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

676 Mauria Udyog Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

677 Mayar Health Resorts Limited CARE D CARE B+; Stable

678 MB Power (Madhya Pradesh) Limited CARE BB+ CARE BBB; Stable

679 MB Sponge and Power Limited CARE B+ CARE BB; Stable

680 MBE Coal & Mineral Technology India Private Limited CARE B CARE B+; Stable

681 Medha Energy Private Limited CARE A- CARE A+; Stable

682 Medica Hospitals Private Limited CARE BBB- CARE BBB; Stable

683 Meenakshi Infrastructures Private Limited CARE BB- CARE BB+; Stable

684 Meet Associates Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

685 Megafine Pharma Private Limited CARE A- CARE BBB+; Stable

686 Mehul Construction Company Private Limited CARE BB+ CARE BBB-; Stable

687 Melstar Information Technologies Limited CARE BB- CARE D; ISSUER NOT COOPERATING

688 Mentor Home Loans India Limited CARE BBB- CARE BBB; Stable

689 Mercator Oil & Gas Limited CARE BBB (SO) @ CARE BBB+ (SO)

690 Mercator Petroleum Limited CARE BBB (SO) CARE BBB+ (SO)

9

Page 10: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

691 Metro and Metro CARE A- CARE BBB+; Stable; ISSUER NOT COOPERATING

692 Mewar Polytex Limited CARE BBB CARE BBB+; Stable

693 Micro Industrial Corporation CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

694 Micro Therapeutic Research Labs Private Limited CARE D CARE B; Stable

695 Millenium Papers Private Limited CARE BB CARE BB+; Stable

696 Minda Kosei Aluminium Wheel Private Limited CARE A+ (SO) CARE AA- (SO); Stable

697 Minerva Automobiles Private Limited CARE B+ CARE BB-; Stable

698 Minerva Poultry Private Limited CARE B CARE B+; Stable

699 Mini Diamonds India Limited CARE BB- CARE D

700 Mishrilal Associates Private Limited CARE B+ CARE B; ISSUER NOT COOPERATING

701 Mitra Infratech Private Limited CARE BBB+ (SO) CARE A- (SO); Stable

702 MJ Infrastructure CARE BB CARE B+; Stable; ISSUER NOT COOPERATING

703 Modern Machinery Store CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

704 Modern Road Makers Private Limited CARE A CARE A+ (SO); Stable

705 Modison Copper Private Limited CARE BBB CARE BBB+; Stable

706 Mohan Motor Udyog Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

707 Mohan Project Contractors Private Limited CARE BBB- (SO) CARE BB- (SO); Negative

708 Mohan Project Contractors Private Limited CARE BB- (SO) CARE B; Stable

709 Mojj Engineering Systems Limited CARE BB+ CARE BB; Stable

710 Moka Business Private Limited CARE B+ CARE BB; Stable

711 Momai Apparels Limited CARE BBB+ (SO) CARE A (SO); Stable

712 Momai Foods Private Limited CARE B+ CARE D

713 Mortex (India) CARE BBB- CARE BBB; Stable

714 Mothers Pride Dairy India Private Limited CARE BB CARE B+; ISSUER NOT COOPERATING

715 Mount Everest Breweries Limited CARE BBB+ (SO) CARE A- (SO); Stable

716 MP Highways Private Limited CARE A- CARE A; Stable

717 MPR Wind Farms CARE BBB- CARE BBB; Stable

718 MRMC Foods Private Limited CARE B+ CARE BB-; Stable

719 MSV Laboratories Private Limited CARE B CARE D

720 Mudrakshi Hytech India Private Limited CARE BB+ CARE BB; ISSUER NOT COOPERATING

721 Muktar Automobiles Private Limited CARE B CARE B+; Stable

722 Muralikrishna Infracon (Bangalore) Private Limited CARE BB CARE BB+; Stable

723 Murli Krishna Pharma Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

724 Murli Krishna Pharma Private Limited CARE B+ CARE D

725 Murlidhar Agro Food Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

726 N. C. Foods CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

727 N.A.M. Expressway Limited CARE BBB- CARE D

728 N.A.M. Expressway Limited Provisional CARE BBB- (SO) CARE D

729 NACL Industries Limited CARE BBB+ CARE A-; Stable

730 Nainani Medico CARE BB CARE BB+; Stable

731 Nakoda Fruit Products Private Limited CARE B+ CARE BB-; Stable

732 Nandan Buildcon Private Limited CARE B CARE D

733 Nandi Vardhana Textile Mills Limited CARE BB CARE D; ISSUER NOT COOPERATING

734 Narayana Agro Oils Private Limited CARE BB- CARE BB; Stable

735 Nashik Sinnar Tollways Limited CARE BBB- CARE BBB; Stable

736 Nathella Sampath Jewelry Private Limited CARE BBB CARE D; ISSUER NOT COOPERATING

737 National Energy Trading and Services Limited CARE BBB CARE BBB-; Stable

738 National Engineering Industries Limited CARE AA- CARE AA; Stable

739 Natsteel Asia Private Limited CARE AA (SO) CARE AA- (SO); Stable

740 Natural and Essential Oils Private Limited CARE BB CARE BB-; Negative

741 Nav Durga Fuel Private Limited CARE B+ CARE BB-; Stable

742 Navayuga Bengalooru Tollway Private Limited CARE BBB+ (SO) CARE A- (SO); Stable

743 Navayuga Engineering Company Limited CARE A- CARE A; Stable

744 Navayuga Infotech Private Limited CARE BBB+ (SO) CARE A- (SO); Stable

745 NCC Infraspace Private Limited CARE BBB- CARE BB+; ISSUER NOT COOPERATING

746 Neel Krishna Brothers CARE B+ CARE D; ISSUER NOT COOPERATING

747 Neelkanth Pulp & Paper Board's CARE BB CARE BB+; Stable

748 Nelco Limited CARE A- CARE A; Stable

749 New Sapna Granite Industries CARE B+ CARE D; ISSUER NOT COOPERATING

750 New Saraswati House (India) Private Limited CARE A+ (SO) CARE AA- (SO); Stable

751 Nextra Teleservices Private Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

752 Nexus Feeds Limited CARE BBB- CARE B; Stable; ISSUER NOT COOPERATING

753 Nezone Tubes Limited CARE A- CARE A; Stable

754 Nilkanth Cotton Industries CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

755 Niranjana Solar Energy Private Limited CARE BBB (SO) CARE BBB+; Stable

756 Niranjana Solar Energy Private Limited CARE BBB- CARE BBB+; Stable

757 Nirlep Appliances Private Limited CARE BB+ CARE BB-; Stable

758 NKC Projects Private Limited CARE BBB- CARE BBB; Stable

759 Noble Tech Industries Private Limited CARE BB+ CARE BBB-; Stable

760 Noken Vitrified Private Limited CARE B CARE B+; Stable

761 North Street Cooling Towers Private Limited CARE BB- CARE BB; Stable

762 NSL Wind Power Company (Satara) Private Limited CARE BBB- CARE BBB; Stable

763 NuPower Renewables Private Limited CARE BBB CARE BBB+; Stable

764 NuPower Wind Farms Limited CARE BBB- CARE BBB+; Stable

765 Nutrient Marine Foods Limited CARE BB CARE BB-; Stable

766 NV Distilleries and Breweries Private Limited CARE D CARE B-; Stable

767 NV Distilleries Private Limited CARE B CARE BB-; Stable

10

Page 11: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

768 NV International Private Limited CARE C CARE B; Stable

769 NVR Infrastructure and Services Private Limited CARE A- CARE A; Stable

770 Ocean Healthcare Private Limited CARE BB CARE B; Stable; ISSUER NOT COOPERATING

771 Om Builders CARE BB- CARE BB; Stable

772 Om Metals Auto Private Limited CARE BB+ CARE BBB-; Stable

773 Om Sugars Limited CARE B CARE D

774 OMID Engineering Private Limited CARE BB- CARE D

775 Omkamal Steel Private Limited CARE B+ CARE BB-; Stable

776 OMRV Hospitals Private Limited CARE BB CARE B+; ISSUER NOT COOPERATING

777 OPGS Power Gujarat Private Limited CARE BBB- (Is) CARE BB (Is); ISSUER NOT COOPERATING

778 Optival Health Solutions Private Limited CARE BBB- CARE BBB+; Stable

779 Orange City Water Private Limited CARE BBB- @ CARE BB- @

780 Orange Mamatkheda Wind Private Limited CARE BBB CARE BBB+; Stable

781 Orazone Paper Private Limited CARE B CARE B+; Stable

782 Orient Craft Limited CARE BBB+ CARE BBB; Stable

783 Orient Paper & Industries Limited CARE A @ CARE AA-; Stable

784 Oriental Enterprise Private Limited CARE BB CARE BB+; Stable

785 Oriental Nicco Projects Private Limited CARE BB CARE BB+; Stable

786 Oriental Pathways (Agra) Private Limited CARE D CARE BB; Stable

787 Oriental Structural Engineerings Private Limited CARE BBB+ CARE A-; Stable

788 Origin Formulations Private Limited CARE B CARE D; ISSUER NOT COOPERATING

789 Orissa Metaliks Private Limited CARE BBB+ CARE A-; Stable

790 Osho Forge Limited CARE BB- CARE BB; Stable

791 Ostro Andhra Wind Private Limited CARE BBB- CARE BBB; Stable

792 Ostro AP Wind Private Limited CARE BBB- CARE BBB; Stable

793 Ostro Jaisalmer Private Limited CARE BBB CARE BBB+; Positive

794 Ostro Madhya Wind Private Limited CARE BBB CARE BBB+; Positive

795 Ostro Renewables Private Limited CARE BBB CARE BBB+; Positive

796 Ostro Urja Wind Private Limited CARE BBB CARE BBB+; Positive

797 Oswal Knit India Limited CARE C CARE D; ISSUER NOT COOPERATING

798 Ozone Projects Private Limited CARE BB+ (SO) CARE BB (SO); Stable

799 Ozone Projects Private Limited CARE BB+ CARE BB; Stable

800 Ozone Projects Private Limited CARE BB (SO) CARE B (SO); Stable; ISSUER NOT COOPERATING

801 Ozone Projects Private Limited CARE BB CARE B; Stable; ISSUER NOT COOPERATING

802 P. M. Industries CARE B CARE D; ISSUER NOT COOPERATING

803 P.G. Setty Construction Technology Private Limited CARE BB- CARE B; Stable; ISSUER NOT COOPERATING

804 P.M. Agro Products Private Limited CARE B+ CARE B; Stable

805 Pace Process Controls Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

806 Pacific Academy of Higher Education & Research Society CARE BBB+ CARE BB+; Stable; ISSUER NOT COOPERATING

807 Palimarwar Solar Project Private Limited CARE BBB+ CARE BBB; ISSUER NOT COOPERATING

808 Panacea Biotec Limited CARE B+ CARE D

809 Panama Sunarch Developers CARE B+ CARE D

810 Pannalal Mahesh Chandra Jewellers CARE BB- CARE BB; Stable

811 Paramesu Biotech Private Limited CARE BB- CARE BB; Stable

812 Paramount Blankets Private Limited CARE C CARE D; ISSUER NOT COOPERATING

813 Paramount Impex Private Limited CARE BB CARE B+; Stable; ISSUER NOT COOPERATING

814 Paramount Rice Private Limited CARE BB- CARE BB; Stable

815 Paramount Textile Mills Private Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

816 Paras Cotspin Limited CARE B+ CARE BB-; Stable

817 Paras Dyeing and Printing Mills CARE B+ CARE BB-; Stable

818 Paresh S. Patel CARE BB- CARE BB; Stable

819 Pari Agro Exports CARE BB- CARE D

820 Parker VRC Infrastructure Private Limited CARE BB CARE D

821 Parmarth Wind Energy Private Limited CARE BBB+ CARE BBB; Stable; ISSUER NOT COOPERATING

822 Parmeshwari Silk Mills Limited CARE BB- CARE B; Stable; ISSUER NOT COOPERATING

823 Parnika Commercial & Estate Private Limited CARE BBB- CARE BBB; Stable

824 Parsoli Motor Works Private Limited CARE BB+ CARE B; ISSUER NOT COOPERATING

825 Patanjali Ayurved Limited CARE A+ CARE AA-; Stable

826 Pate Future Constructions LLP CARE BB CARE D

827 Patel KNR Heavy Infrastructure Limited CARE AAA (SO) @ CARE AA (SO); Stable

828 Patel KNR Infrastructures Limited CARE AAA (SO) @ CARE AA+ (SO); Stable

829 Path Oriental Highways Limited CARE BBB+ (SO) CARE A- (SO); Stable

830 Patiala Distillers & Manufacturers Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

831 Patidar Boards Private Limited CARE BB- CARE BB; Stable

832 Patil and Company CARE B- CARE B; Stable

833 Patil Construction and Infrastructure Limited CARE BBB CARE BBB+; Stable

834 Payal Petropack Private Limited CARE BB+ CARE BB; Stable

835 PCM Cement Concrete Private Limited CARE BB CARE BB+; Stable

836 PCM Tea Processing Private Limited CARE BB- CARE BB; Stable

837 Petryc International Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

838 Phillips Carbon Black Limited CARE A+ CARE AA-; Stable

839 Pinakin Plastoforming Limited CARE BB- CARE B+; Stable

840 Pinakin Plastoforming Limited CARE B+ CARE D

841 Pix Transmissions Limited CARE BBB CARE BBB+; Positive

842 Plasti Weave Industries LLP CARE BBB CARE BBB+; Stable

843 Plazma Technologies Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

844 PNC Raebareli Highways Private Limited CARE A CARE AA-; Stable

11

Page 12: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

845 PNC Raebareli Highways Private Limited CARE A+ CARE AA; Stable

846 PNL Constructions Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

847 Poly Pipes India Private Limited CARE BBB+ CARE A-; Stable

848 Polygenta Technologies Limited CARE C CARE B; Stable

849 Polylace India Private Limited CARE B+ CARE BB-; Stable

850 Ponni Sugars (Erode) Limited CARE BBB- CARE BBB; Stable

851 Poornima Handicrafts Private Limited CARE B CARE BB-; Stable

852 Popawala Chemicals Private Limited CARE BB- CARE BB; Stable

853 Positronics Private Limited CARE BBB- CARE BB; Stable

854 Positronics Private Limited CARE BBB CARE BB; Stable

855 Power Engineering Corporation CARE BB- CARE B+; Stable

856 PPN Power Generating Company Private Limited CARE A CARE BBB; Negative

857 Pradeep Mining and Constructions Private Limited CARE BB- CARE BB; Stable

858 Praja Mechanicals Private Limited CARE B+ CARE B; Stable

859 Prakash Plastic Industries CARE BB CARE BB-; Stable

860 Pramukh Cotex Private Limited CARE B+ CARE BB-; Stable

861 Pratibha Fabrics Limited CARE BBB- CARE BBB; Stable

862 Pratiti Health Educational Institutes Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

863 Praveen Spinners India Private Limited CARE BBB+ (SO) CARE A- (SO); Stable

864 Pravin Masalewale CARE BBB+ CARE A-; Stable

865 Precision Automation and Robotics India Limited CARE A- CARE A+; Stable

866 Precision Plastic Industries Private Limited CARE BBB+ CARE BBB; Stable

867 Prem Motors Private Limited CARE BBB CARE BBB+; Stable

868 Premier Enterprises CARE BB CARE BB+; Stable

869 Premier Irrigation Adritec Private Limited CARE BB CARE BB+; Stable

870 Premierworld Technology Limited CARE D CARE B+; Stable

871 Prince Spinners Private Limited CARE BB CARE BB+; Stable

872 Priyanka India Private Limited CARE BB CARE B+; Stable; ISSUER NOT COOPERATING

873 Progility Technologies Private Limited CARE A CARE BBB+; Stable

874 Protech Feed Private Limited CARE BB- CARE B; Stable; ISSUER NOT COOPERATING

875 Prudhvi Infra Projects Private Limited CARE BB- CARE BB; Stable

876 PT Barasentosa Lestari CARE BBB- (SO) CARE BB (SO) @

877 Pullani Engineers Private Limited CARE BB- CARE B+; Stable

878 Pushpa Goyal Enterprises Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

879 Quadrant Televentures Limited CARE B+ CARE D

880 Quadros Motors Private Limited CARE BB- CARE D; ISSUER NOT COOPERATING

881 Qutone Ceramic Private Limited CARE BBB CARE BBB+; Stable

882 Qutone Granito Private Limited CARE BBB CARE BBB+; Stable

883 Qutone Tiles Private Limited CARE BBB CARE BBB+; Stable

884 R. E. Cables and Conductors Private Limited CARE BBB CARE D; ISSUER NOT COOPERATING

885 R. K. Industries - Kashipur CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

886 R. S. Enterprises_(New Delhi) CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

887 R3 Crop Care Private Limited CARE BB CARE BB-; ISSUER NOT COOPERATING

888 Radha Krishna Automobiles Private Limited CARE BB CARE BB+; Stable

889 Radha Madhav Automobiles Private Limited CARE BB CARE BB+; Stable

890 Radhamohan Builders Private Limited CARE BB- CARE BB; Stable

891 Radhe Cotton Company CARE BB- CARE B+; ISSUER NOT COOPERATING

892 Radhegovindkripa Developers Private Limited CARE BB- CARE BB; Stable

893 Radhegovindkripa Developers Private Limited CARE BB CARE D

894 Radiant Polymers Private Limited CARE B CARE B+; Stable

895 Radico NV Distilleries Maharashtra Limited CARE A CARE A-; Stable

896 Rail One USA Corp CARE BB (SO) CARE BB+ (SO); Stable

897 Raipur Power And Steel Limited CARE BBB CARE BB; Negative; ISSUER NOT COOPERATING

898 Raj West Power Limited CARE A CARE A+; Stable

899 Raja Udyog Private Limited CARE BBB+ @ CARE BB; ISSUER NOT COOPERATING

900 Rajamahal International Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

901 Rajasthan Antibiotics Limited CARE BBB- CARE BB+; ISSUER NOT COOPERATING

902 Rajasthan Education Institute & Health Society CARE BB- CARE D; ISSUER NOT COOPERATING

903 Rajat Agro Commodities Private Limited CARE BB CARE BB+; Stable

904 Rajdeep Info Techno Private Limited CARE BBB (SO) CARE BBB+ (SO); Stable

905 Rajeshree Fibers CARE BB- CARE B+; Stable

906 Rajhans Metals Private Limited CARE BB- CARE BB; Stable

907 Rajrajeshwar Cotex Private Limited CARE B CARE B+; Stable

908 Rallifan Limited CARE BB- CARE B+; Stable

909 Rama Arts and Exports CARE B+ CARE BB-; Stable

910 Rama Cotspin Private Limited CARE BB CARE BB+; Stable

911 Rambal Limited CARE BBB- CARE BBB; Stable

912 Ramdev Stainless Strips Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

913 Rameshwaram Cotton Mills CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

914 Ramkrushna Spinning Mills Private Limited CARE BB- CARE BB+; Stable

915 Rana Steels India Limited CARE B CARE D

916 Randhawa Construction Co CARE BBB- CARE BB; Stable

917 Rangoli Particle Boards Private Limited CARE BB- CARE BB; Stable

918 Rani Aqua Feeds Private Limited CARE B+ CARE BB-; Stable

919 Ranjan Fabrics Private Limited CARE BB- CARE BB; Stable

920 Rapicut Carbides Limited CARE BBB- CARE BBB; Stable

921 Ratabhe Renewable Energy Private Limited CARE BBB CARE A-; Stable

12

Page 13: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

922 Rathi Hatcheries Private Limited CARE B+ CARE D

923 Ratnachintamani Metalloys Private Limited CARE B+ CARE BB-; Stable

924 Raxa Security Services Limited CARE BBB- (SO) CARE BB (SO); Stable

925 Rayat Educational and Research Trust CARE C CARE B; Stable

926 Rays Power Experts Private Limited CARE BB CARE D; ISSUER NOT COOPERATING

927 RDA Energy Private Limited CARE BBB+ CARE A-; Stable

928 Real Spintex Private Limited CARE BB- CARE BB+; Stable

929 Realcade Lifescience Private Limited CARE B CARE B+; Stable

930 Recore Ceramic CARE B CARE BB-; Stable

931 Redd Mica Private Limited CARE B CARE B+; Stable

932 Reddy Structures Private Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

933 ReGen Infrastructure and Services Private Limited CARE BBB- (SO) CARE BB; Stable

934 ReGen Powertech Private Limited CARE BBB- CARE D

935 Religare Finvest Limited CARE A @ CARE BBB @

936 Renaatus Procon Private Limited CARE BB- CARE BB; Stable

937 Renaatus Projects Private Limited CARE BBB- CARE BBB; Stable

938 Rewa Leisure Private Limited CARE BB CARE BB-; Negative

939 Ridhi Sidhi Electrical Engg. and Const. Company CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

940 Rimjhim Stainless Limited CARE B+ CARE BBB- (SO); Stable

941 Rishabh Construction Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

942 Ritemed Pharma Retail Private Limited CARE BBB- CARE BBB+; Stable

943 Rithwik Projects Private Limited CARE BB CARE BBB-; Stable

944 Riverbank Developers Private Limited CARE BBB CARE BBB-; Negative

945 RK Trade Vision Private Limited CARE B+ CARE B; ISSUER NOT COOPERATING

946 RKC Infrabuilt Private Limited CARE BBB- CARE BBB; Stable

947 RLJ Infracement Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

948 Rockdrill Projects Private Limited CARE BB CARE B+; Stable; ISSUER NOT COOPERATING

949 Rockland Ceramic LLP CARE B+ CARE D

950 Rohan Rajdeep Hydro Power Projects CARE BBB (SO) CARE BBB+ (SO); Stable

951 Rohtak Hissar Tollway Private Limited CARE BBB- CARE BB+; Stable

952 Rohtak Panipat Tollway Private Limited CARE BBB- CARE BB+; Stable

953 Roop Polymers Limited CARE BBB CARE BBB+; Stable

954 Roshni Creations Private Limited CARE BB CARE BB+; Stable

955 Royal Castor Products Limited CARE A- (FD) CARE BBB+ (FD); Stable; ISSUER NOT COOPERATING

956 Royal Castor Products Limited CARE A- CARE BBB+; Stable; ISSUER NOT COOPERATING

957 RRB Energy Limited CARE C CARE D

958 RSD Overseas CARE B+ CARE B; ISSUER NOT COOPERATING

959 Rubamin Limited CARE A- CARE A; Stable

960 Ruban Patliputra Hospital Private Limited CARE B+ CARE BB-; Stable

961 Ruchira Printing and Packaging CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

962 Rupa Dyeing and Printing Private Limited CARE BB+ CARE BBB-; Stable

963 Ryatar Sahakari Sakkare Karkhane Niyamit CARE B CARE B-; Stable

964 S C Enterprises CARE B+ CARE D; ISSUER NOT COOPERATING

965 S N Super Speciality Hospital Private Limited CARE B+ CARE BB; Stable

966 S. Chand and Company Limited CARE A+ CARE AA-; Stable

967 S. M. Constructions CARE C CARE D; ISSUER NOT COOPERATING

968 S. S. Engineering Works CARE BB- CARE B+; Negative; ISSUER NOT COOPERATING

969 S.E. Power Limited CARE BB+ CARE BB; Stable

970 S.G. Polyplast Private Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

971 S.K. Sulz Fab Private Limited CARE B CARE B+; Stable

972 S.Pal Enterprises Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

973 Sadaram Jining And Pressing Industries CARE B+ CARE D

974 Saeco Strips Private Limited CARE B CARE B+; Stable

975 Sagar Nutriments Private Limited CARE BB CARE BB+; Stable

976 Saha Infratech Private Limited CARE BB CARE D

977 Sahakar Maharshi Shankarrao Mohite Patil SSK Limited CARE B CARE C; Stable

978 Sai Maatarini Tollways Limited CARE BB+ CARE D

979 Saico Cranes Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

980 Saikrupa Cotgin Private Limited CARE BB- CARE B+; Stable

981 Sajeev Mathew and Company CARE B+ CARE B; ISSUER NOT COOPERATING

982 Sajjala Woven Sacks Private Limited CARE C CARE D

983 Sakar Granito (India) Private Limited CARE BB+ CARE BBB-; Stable

984 Sakar Healthcare Limited CARE BBB- CARE BBB; Stable

985 Salasar Balaji Ship Breakers Private Limited CARE BB CARE BB+; Stable

986 Salasar Highways Private Limited CARE BB+ CARE BB-; Stable; ISSUER NOT COOPERATING

987 Salasar Techno Engineering Limited CARE BBB CARE BBB+; Stable

988 Salient Ceramic CARE B+ CARE BB-; Stable

989 Samarpan Synthetics Private Limited CARE BB- CARE BB; Stable

990 Samasta Microfinance Limited CARE BB+ CARE A; Stable

991 Sambhav Exim CARE B CARE D

992 Sanathan Textiles Private Limited CARE BBB- CARE BBB; Stable

993 Sangam Handicraft Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

994 Sanghavi Jewel Private Limited CARE B+ CARE D

995 Sangrur Autos (Malerkotla) CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

996 Sankheswaraa Gold Exports Private Limited CARE B CARE B-; Stable; ISSUER NOT COOPERATING

997 Sant Autos CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

998 Santhoshimathaa Oils and Fats Private Limited CARE BB+ CARE BBB-; Stable

13

Page 14: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

999 Saraansh Suitings Private Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

1000 Sarda Metal & Alloys Limited CARE BB+ CARE BBB-; Stable

1001 Sardar Cotton CARE B+ CARE D; ISSUER NOT COOPERATING

1002 Saregama India Limited CARE A CARE A+; Stable

1003 Sarna Chemicals Private Limited CARE BBB+ CARE BBB; Stable

1004 Sarv Bio Labs Private Limited CARE BB CARE BB+; Stable

1005 Sarvottam Vegetable Oil Refinery Private Limited CARE B CARE D

1006 Satchidananda Agro Tech Private Limited CARE B CARE B+; Stable

1007 Satrac Engineering Private Limited CARE BB- CARE BB; Stable

1008 Saurabh Prerna Kalyan Samiti CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1009 Savair Energy Limited CARE BB CARE D; ISSUER NOT COOPERATING

1010 Savas Engineering Company Private Limited CARE A- (SO) CARE BBB+ (SO); Stable

1011 Saveera Hospital Private Limited CARE BB CARE BB+; Stable

1012 Savemax Wholesale Club Private Limited CARE BBB CARE D; ISSUER NOT COOPERATING

1013 Savino Granito Private Limited CARE B CARE BB-; Stable

1014 Savitra Tiles Private Limited CARE B+ CARE BB-; Stable

1015 Scott Edil Advance Research Laboratories & Education Limited CARE BBB CARE BBB+; Stable

1016 Scott Edil Pharmacia Limited CARE BBB CARE BBB+; Stable

1017 Scotts Garments Limited CARE BBB CARE BB; Stable

1018 SDB Developers Private Limited CARE BB CARE BB+; Stable

1019 Semler Research Center Private Limited CARE BB+ (Is) @ CARE B (Is); ISSUER NOT COOPERATING

1020 Shailja Prints Private Limited CARE B+ CARE BB-; Stable

1021 Shaktigarh Textile & Industries Limited CARE BB CARE BB+; Stable

1022 Shalimar Paints Limited CARE B CARE D

1023 Shamanur Sugars Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1024 Shanthi Feeds Private Limited CARE BBB+ CARE A-; Stable

1025 Shanti Motors CARE BB- CARE B+; ISSUER NOT COOPERATING

1026 Shanti Spintex Private Limited CARE BB+ CARE BBB-; Stable

1027 Sharada Ayurvedic Medical College (Run By Sri Basava Education Charitable & Social Welfare Trust)CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1028 Sharp Ferro Alloys Limited CARE BB CARE BBB-; Stable

1029 Shere Bengal Food Private Limited CARE B+ CARE BB-; Stable

1030 Sheth Creators and Constructors Private Limited CARE BB CARE D; ISSUER NOT COOPERATING

1031 Shiksha Bharti Educational Society CARE B CARE B+; Stable

1032 Shilchar Technologies Limited CARE BBB+ CARE A-; Stable

1033 Shiv Ganesh Industries CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1034 Shiv Real Ispat Private Limited CARE BB CARE BB+; Stable

1035 Shiva Industrial Security Agency (Gujarat) Private Limited CARE BB CARE BBB-; Stable

1036 Shiva Satya Hotels Private Limited CARE BB- CARE BBB-; Stable

1037 Shiva Shakti Sugars Limited CARE BB- CARE BB; Stable

1038 Shivalik Bimetal Controls Limited CARE BBB CARE BBB+; Stable

1039 Shivangi Metal industries Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

1040 Shivani Cotex Private Limited CARE B+ CARE BB-; Stable

1041 Shivpuja Constructions Private Limited CARE BBB CARE BBB+; Stable

1042 Shraddha Energy and Infraprojects Private Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

1043 Shradha Agencies Private Limited CARE BB+ CARE B; Stable

1044 Shree Alloys Industries Private Limited CARE BB CARE BB-; Stable

1045 Shree Constructions & Leisure Private Limited CARE B+ CARE B-; ISSUER NOT COOPERATING

1046 Shree Ginger Enterprises Limited CARE BBB- CARE D; ISSUER NOT COOPERATING

1047 Shree Gokulesh Rice Mill CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1048 Shree Hari Chemicals Export Limited CARE BB+ CARE BB; Stable

1049 Shree Hari Chemicals Export Limited CARE BB CARE BB-; Stable

1050 Shree Hari Spintex Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

1051 Shree Krishnanand Infrastruture and Developers Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

1052 Shree Nath Gum and Chemicals CARE BB- CARE BB; Stable

1053 Shree Parashnath Re-Roolling Mills Limited CARE B CARE B+; Stable

1054 Shree R. R. Pipes CARE B+ CARE D; ISSUER NOT COOPERATING

1055 Shree Rupanadham Steel Private Limited CARE BB- CARE BB; Stable

1056 Shree Seco Private Limited CARE C CARE B-; Stable

1057 Shree Tirumala Agro Industries CARE B+ CARE B; Stable

1058 Shree Vishwakarma Cold Storage CARE B+ CARE D; ISSUER NOT COOPERATING

1059 ShreeGluco Biotech Private Limited CARE BB- CARE BB; Stable

1060 Shreeji Woodcraft Private Limited CARE BB CARE BB+; Stable

1061 Shreem Electric Limited CARE A- CARE BBB+; Stable

1062 Shri Gangajali Education Society CARE BBB+ CARE BBB; Stable; ISSUER NOT COOPERATING

1063 Shri Kedareshwar Builders & Developers Private Limited CARE B+ CARE D

1064 Shri Keshav Cements and Infra Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

1065 Shri Krishnashray (India) Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

1066 Shri Ram Charitable Trust CARE BBB- CARE BB; Stable; ISSUER NOT COOPERATING

1067 Shri Sai Priya Sugars Limited CARE BB+ CARE B; Stable; ISSUER NOT COOPERATING

1068 Shri Tirupati Steel Cast Limited CARE BB+ CARE BBB-; Stable

1069 Shrine Engineering Private Limited CARE B CARE BB-; Stable

1070 Shrishaila Electricals (India) Private Limited CARE B CARE B+; Stable

1071 Shriya Overseas Private Limited CARE BB- CARE D

1072 Shruti Fashions Private Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

1073 Shubh Mangal Textile Industries LLP CARE B+ CARE BB-; Stable

1074 Shubh Rice Exports Private Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

1075 Shubh Rice Exports Private Limited CARE B+ CARE BB-; Stable

14

Page 15: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

1076 Shyam Metalics and Energy Limited CARE A CARE A+; Stable

1077 Shyam Sel and Power Limited CARE A CARE A+; Stable

1078 Shyam Steel Industries Limited CARE A- CARE A; Stable

1079 Shyam Steel Manufacturing Limited CARE A- (SO) CARE A (SO); Stable

1080 Shyamsree Food Processing Private Limited CARE BBB+ CARE A-; Stable

1081 SI Air Springs Private Limited CARE BBB+ CARE A-; Stable

1082 Sidhidata Solar Urja Limited CARE BBB+ CARE BBB; ISSUER NOT COOPERATING

1083 Silver Fab Suiting Private Limited CARE BB CARE BB-; ISSUER NOT COOPERATING

1084 Simhapuri Expressway Limited CARE D CARE BB; Stable

1085 Sintex Industries Limited CARE A CARE A-; Negative; ISSUER NOT COOPERATING

1086 Sintex-BAPL Limited CARE AA- CARE A; Stable

1087 Siro Clinpharm Private Limited CARE BB CARE BBB; Stable

1088 Sitapuram Power Limited CARE BBB CARE D

1089 Skipper Limited CARE A+ CARE AA-; Stable

1090 SKP Buildcon Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

1091 Sky Spintex Private Limited CARE BB- CARE BB; Stable

1092 SLEC Infra Projects Private Limited CARE BB CARE BB-; Stable

1093 SMBT Sevabhavi Trust CARE BB CARE B; Stable; ISSUER NOT COOPERATING

1094 Smilax Laboratories Limited CARE BBB- CARE D; ISSUER NOT COOPERATING

1095 SML Films Limited CARE BBB CARE BBB+; Stable

1096 SML Finance Limited CARE BB CARE BB+; Stable

1097 SMS-AABS India Tollways Private Limited CARE A- CARE A+; Stable

1098 Smt. Nanadamuri Basava Taraka Rama Rao Memorial Cancer Foundation & Research CentreCARE BBB CARE BBB+; Stable

1099 Smt. Shakuntla Educational and Welfare Society CARE D CARE B+; Stable

1100 Solapur Yedeshi Tollway Private Limited CARE BBB (SO) CARE BBB+ (SO); Stable

1101 Somnath Enterprises CARE B+ CARE BB-; Stable

1102 Sona Processors India Limited CARE BBB- CARE BBB; Stable

1103 Soni Soya Products Limited CARE B+ CARE BB-; Stable

1104 Soni Traders CARE BB+ CARE D

1105 Sonic Biochem Extractions Limited CARE BBB CARE BBB+; Stable

1106 South Asia LPG Company Private Limited CARE AA+ CARE AAA; Stable

1107 Southern Pharma India Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

1108 Sparsh Hospitals and Critical Care Private Limited CARE BB CARE D

1109 Spectrum Dyes & Chemicals Private Limited CARE BBB CARE BBB+; Stable

1110 Spectrum Filtration Private Limited CARE BB CARE BB+; Stable

1111 Spectrum Johnson Tiles Private Limited CARE BBB+ CARE BBB; Stable

1112 Spring Field Shelters Private Limited CARE BB CARE D

1113 Sree Parimala Cotton Ginning and Pressing Factory CARE B CARE B+; Stable

1114 Sreekanth Pipes Private Limited CARE B+ CARE B; ISSUER NOT COOPERATING

1115 Sreeragh General Finance Limited CARE BBB (FD) CARE BB+ (FD); Stable

1116 SRG Aluminium Private Limited CARE B+ CARE BB-; Stable

1117 SRG Spinning and Weaving Mills Private Limited CARE B+ CARE BB-; Stable

1118 Sri Anjaneya Cotton Mills Limited CARE BB- CARE B+; Stable

1119 Sri Koundinya Educational Society CARE BB CARE B+; Stable; ISSUER NOT COOPERATING

1120 Sri Panchamukhi Nutrients Private Limited CARE B CARE B+; Stable

1121 Sri Sai Swarupa Seeds Private Limited CARE BB+ CARE BB; Stable; ISSUER NOT COOPERATING

1122Srikalahasthi Pipes Limited CARE A+ CARE AA-; Stable

1123 Srinivasa Cotton Industries CARE B+ CARE BB-; Stable

1124 Stage Door CARE B CARE B-; Stable; ISSUER NOT COOPERATING

1125 Stanadyne India Private Limited CARE BBB+ CARE A-; Stable

1126 Standard Fireworks Private Limited CARE A CARE A-; Negative

1127 Star Raison Landmarks CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

1128 Steel Authority of India Limited CARE AA CARE AA-; Negative

1129 Steelcast Limited CARE BBB- CARE BBB; Stable

1130 Suasth Health Care (India) Private Limited CARE BBB- CARE D

1131 Subh Laxmi Syntex Limited CARE BB- CARE BB; Stable

1132 Sujala Pipes Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

1133 Sukavala Renewable Energy Private Limited CARE BBB CARE BBB+; Stable

1134 Sukh Sagar Synthetics Private Limited CARE BB- CARE BB; Stable

1135 Sukhbir Agro Energy Limited CARE BBB+ CARE A-; Stable

1136 Sulochana Cotton Spinning Mills Private Limited CARE BBB CARE BBB+; Stable

1137 Sun Agrifresh Industries Private Limited CARE BB- CARE D; ISSUER NOT COOPERATING

1138 Sun Corporation CARE BB- CARE BB; Stable

1139 Sun Packaging_(Daman) CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1140 Sun Polytex Private Limited CARE BBB CARE BBB+; Stable

1141 Suncity Constructwell Private Limited CARE BBB- (SO) CARE BBB (SO); Stable

1142 Suncity Projects Private Limited CARE BBB- CARE BBB; Stable

1143 Suncity Sheets Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

1144 Suncity Strips & Tubes Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

1145 Sunheri Texcraft Private Limited CARE BB+ CARE BBB-; Stable

1146 Sunlex Fabrics Private Limited CARE BB CARE B+; ISSUER NOT COOPERATING

1147 Super Ispat (Raipur) Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

1148 Super Spinning Mills Limited CARE BB+ CARE BB; Stable

1149 SuperSonic Distribution & Services Private Limited CARE BB- CARE B; Stable

1150 Supreme and Company Private Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

1151 Supreme Batteries Private Limited CARE BB CARE BB+; Stable

15

Page 16: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

1152 Supreme Exports CARE B CARE B+; Stable

1153 Suraj Cropsciences Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

1154 Suraj Value Infrastructures Private Limited CARE B CARE B+; Stable

1155 Surya Global Steel Tubes Limited CARE A CARE A+; Stable

1156 Surya Roshni Limited CARE A CARE A+; Stable

1157 SUSHEE IVRCL ArunachalHighways Limited CARE BBB- CARE BB; Stable

1158 Susheel Yarns Private Limited CARE BB- CARE BB; Stable

1159 Sushma Buildtech Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

1160 Swastik Infra-Logic (India) Private Limited CARE BB CARE B; Stable

1161 Swastik Infra-Logic (India) Private Limited CARE BB CARE D

1162 Swastik Polytex Private Limited CARE BB- CARE B+; Stable

1163 Tagore Educational Trust CARE BBB CARE BB+; Stable; ISSUER NOT COOPERATING

1164 Talbros Automotives Components Limited CARE BBB+ CARE A-; Stable

1165 Talbros Engineering Limited CARE BBB+ CARE A-; Stable

1166 Tamilnadu Newsprint and Papers Limited CARE A+ CARE A; Stable

1167 Tamilnadu Waste Management Limited CARE BBB CARE BBB+ (SO); Stable

1168 Taneja Aerospace and Aviation Limited CARE BB- CARE D

1169 Tania Industries Private Limited CARE BBB- CARE BBB; Stable

1170 Tarawade Logistic Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1171 Taril Infrastructure Limited CARE A- (SO) CARE BBB+ (SO); Stable

1172 Tarsons Products Private Limited CARE BBB+ CARE A-; Stable

1173 Tata Power Renewable Energy Limited CARE A CARE AA-; Stable

1174 Tata Teleservices (Maharashtra) Limited CARE A- @ CARE A+ @

1175 Tata Teleservices Limited CARE A- @ CARE A+ @

1176 Tatanet Services Limited CARE A- CARE A; Stable

1177 Tehri Pulp and Paper Limited CARE D CARE BB-; Stable

1178 Teja Industries CARE BB- CARE BB; Stable

1179 Tek Travel Private Limited CARE BBB CARE BBB+; Stable

1180 Temple Packaging Private Limited CARE BBB+ CARE BBB; Stable

1181 Terram Geosynthetics Private Limited CARE BBB- CARE BBB; Stable

1182 TGB Banquets and Hotels Limited CARE B+ CARE BB; Stable

1183 Thatavarthi Apparels Limited CARE BB CARE BB+; Stable

1184 The Alleppey Company Limited CARE BB- CARE BB; Stable

1185 The Amir Education Society CARE BBB- CARE BB+; ISSUER NOT COOPERATING

1186 The Kandivli Education Society CARE BB+ CARE BBB-; Stable

1187 The Madras Silks India Private Limited CARE BBB+ @ CARE BBB; Stable

1188 The Ravalgaon Sugar Farm Limited CARE B+ CARE B; Stable

1189 Thexa Pharma Private Limited CARE BB- CARE D; ISSUER NOT COOPERATING

1190 Three Brothers Flour And General Mills CARE BB- CARE BB; Stable

1191 Thrissur Expressway Limited CARE BB- CARE D

1192 Thriveni Earthmovers Private Limited CARE A- @ CARE BBB+ @

1193 Tibrewala Electricals CARE BBB CARE BBB-; ISSUER NOT COOPERATING

1194 Tibrewala Electronics Limited CARE BBB+ CARE BBB; ISSUER NOT COOPERATING

1195 Tiger Steel Engineering India Private Limited CARE BB- CARE C; ISSUER NOT COOPERATING

1196 Tiger Steel Engineering India Private Limited CARE BB- CARE D; ISSUER NOT COOPERATING

1197 Tikaula Sugar Mills Limited CARE BBB- CARE BBB+; Stable

1198 Tirumala Cotton Industries CARE B+ CARE BB-; Stable

1199 Tirupati Cold Storage CARE B+ CARE D

1200 Tirupati Steel Enterprises CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

1201 Titan Tex Fab Private Limited CARE BB- CARE BB+; Stable

1202 Tranformex Ferrous Private Limited CARE B CARE D; ISSUER NOT COOPERATING

1203 Transformers and Rectifiers India Limited CARE A- CARE BBB+; Stable

1204 Transways Exim Private Limited CARE BBB- CARE BB+; Stable

1205 Trident Limited CARE A+ CARE AA-; Stable

1206 Trimax Datacenter Services Limited CARE A- (SO) CARE BBB (SO); ISSUER NOT COOPERATING

1207 Trimax IT Infrastructure & Services Limited CARE A- CARE BBB; ISSUER NOT COOPERATING

1208 Trinayani Cement Private Limited CARE BB CARE BB+; Stable

1209 Trinity Landmark LLP CARE BBB- @ CARE BB; ISSUER NOT COOPERATING

1210 Trishul Dream Homes Limited CARE BB CARE BB-; Stable; ISSUER NOT COOPERATING

1211 Troix Chemicals Private Limited CARE B CARE B-; Stable; ISSUER NOT COOPERATING

1212 Truba Education Society CARE B+ CARE BB-; Stable

1213 Truba Education Society CARE B CARE B+

1214 TRV Global Exports Private Limited CARE C CARE B; Stable

1215 TS Global Holdings Pte Limited CARE AA (SO) CARE AA- (SO); Stable

1216 TSR Nirmaan Private Limited CARE BB+ CARE BBB-; Stable

1217 Tulip Cotspin Private Limited CARE B+ CARE BB-; Stable

1218 Turtle Limited CARE BBB+ CARE BBB-; Stable; ISSUER NOT COOPERATING

1219 TVS Elastomeric Engineered Products Private Limited CARE BBB+ CARE A-; Stable

1220 Udupi Developers CARE BB- CARE D; ISSUER NOT COOPERATING

1221 Ujjwal Luxury Hotels Private Limited CARE B CARE D

1222 Um Green Lighting Private Limited CARE BB CARE D

1223 Umang Boards Private Limited CARE BB CARE BB+; Stable

1224 Umang Realtech Private Limited CARE BBB- (SO) CARE BB+ (SO); Stable; ISSUER NOT COOPERATING

1225 Undercarriage & Tractor Parts Private Limited CARE BB CARE BB+; Stable

1226 Union Bank of India CARE AAA CARE AA+; Stable

1227 Union Bank of India CARE AA CARE AA-; Stable

1228 Union Bank of India CARE AA+ CARE AA; Stable

16

Page 17: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

1229 United Global Corporation Limited CARE BBB- (SO) CARE BB+ (SO); ISSUER NOT COOPERATING

1230 Universal Saur Urja Private Limited CARE BBB CARE BBB+; Stable

1231 Unnat Feeds Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1232 Unnati Fortune Hotmart Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

1233 U-Phase Infraprojects Private Limited CARE BBB+ (SO) CARE A- (SO); Stable

1234 Uttara Impex Private Limited CARE BBB (SO) CARE BBB+ (SO); Stable

1235 Vaibhu Infratech India Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

1236 Vaidya Industries CARE B+ CARE B; ISSUER NOT COOPERATING

1237 Vaidya V And I Infrastructure Private Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

1238 Vakrangee Limited CARE BBB CARE A; Stable

1239 Valiant Glass Works Private Limited CARE BBB- CARE BB+; Stable

1240 Vardaan Exports CARE B+ CARE D; ISSUER NOT COOPERATING

1241 Vardhman Textiles Components Limited CARE BBB- CARE BBB; Positive

1242 Varsity Instruments Private Limited CARE BB- CARE B+; Stable; ISSUER NOT COOPERATING

1243 Varun Procon Private Limited CARE BBB- CARE BB+; Stable; ISSUER NOT COOPERATING

1244 Vasant Masala Private Limited CARE BB CARE BB+; Stable

1245 Vascular Concepts Limited CARE BBB- CARE BB+; Stable

1246 Vasishta Constructions Private Limited CARE BBB- CARE BBB; Stable

1247 Vasu Infrastructure Private Limited CARE BB CARE BB+; Stable

1248 Vcarve Renewable Energy Private Limited CARE BB- CARE BB; Stable

1249 Ved Prakash and Sons Lumbers Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1250 Ved Prakash Mithal and Sons CARE BB- CARE B+; Stable

1251 Vedant Dyestuffs Intermediates Private Limited CARE BB- CARE BB; Stable

1252 Velox Ceramic CARE B+ CARE BB-; Stable

1253 Venkatesh Associates CARE B+ CARE BB-; Stable

1254 Venkateshwara Hatcheries Private Limited CARE BBB CARE BBB+; Stable

1255 Venky's India Limited CARE BBB CARE BBB+; Stable

1256 Vento Ceramic CARE BB- CARE BB; Stable

1257 Venus Pipes and Tubes Private Limited CARE B+ CARE BB-; Stable

1258 Viacom18 Media Private Limited CARE AA @ CARE AAA; Stable

1259 Vidhya Peeth Education Trust CARE BBB- CARE BB; Stable; ISSUER NOT COOPERATING

1260 Vijayalakshmi Spintex Limited CARE BB- CARE B+; ISSUER NOT COOPERATING

1261 Vijaykant Dairy and Food Products Limited CARE BBB- CARE BB; ISSUER NOT COOPERATING

1262 Vikas Publishing House Private Limited CARE A+ (SO) CARE AA- (SO); Stable

1263 Vikas Steel Inc. CARE BB- CARE B+; ISSUER NOT COOPERATING

1264 Vikram Traders CARE BB CARE BB-; Stable

1265 Vimal Lifesciences Private Limited CARE BB CARE BBB; Stable

1266 Vina Electricals Private Limited CARE B CARE B+; Stable

1267 Visage Holdings and Finance Private Limited CARE BB+ CARE BBB-; Positive

1268 Visaka Industries Limited CARE A+ (FD) CARE AA- (FD); Stable

1269 Visaka Industries Limited CARE A+ CARE AA-; Stable

1270 Visakha Container Terminal Private Limited CARE BBB+ CARE A-; Stable

1271 Visakha Foods Private Limited CARE B+ CARE B; Stable; ISSUER NOT COOPERATING

1272 Vishakha Irrigation Private Limited CARE BB CARE BB+; Stable

1273 Vishal Paper Industries Private Limited CARE B CARE BB-; Stable

1274 Vishnu Barium Private Limited CARE B+ CARE BB; Stable

1275 Vishnu Chemicals Limited CARE BBB- CARE BB+; Stable

1276 Vishwatma Solar Energy Private Limited CARE BBB (SO) CARE BBB+; Stable

1277 Vishwatma Solar Energy Private Limited CARE BBB- CARE BBB+; Stable

1278 Vitra India Glass Private Limited CARE B CARE B+; Stable

1279 Vitthal Gajanan Sugar Private Limited CARE B+ CARE D; ISSUER NOT COOPERATING

1280 Vivek Agrotech Private Limited CARE B+ CARE BB; Stable

1281 Vivimed Labs Limited CARE BBB- CARE BBB+; Stable

1282 Vizag Hospital and Cancer Research Centre Private Limited CARE BBB- CARE BBB; Stable

1283 Vizag Rebars Private Limited CARE BB CARE B+; Stable

1284 Vizebh Agri Sciences Private Limited CARE B+ CARE D

1285 Voltamp Transformers Limited CARE AA- CARE AA; Stable

1286 WAA Solar Private Limited CARE BBB+ CARE A-; Stable

1287 Walchandnagar Industries Limited CARE D CARE BB; Stable

1288 Walwhan Renewable Energy Limited CARE A CARE AA-; Stable

1289 Waaree Energies Limited CARE BBB- CARE D

1290 Weizmann Forex Limited CARE BBB+ CARE A-; Stable

1291 Well Wisher Trexim Private Limited CARE BB CARE BB+; Stable

1292 Welspun Captive Power Generation Limited CARE AA- (SO) CARE AA (SO); Stable

1293 West Bengal Infrastructure Development Finance Corporation Limited CARE A- (SO) CARE A (SO); Stable

1294 Western Carriers (India) Limited CARE BBB- CARE BBB; Stable

1295 Whitefields Apparel CARE BB CARE B; Stable; ISSUER NOT COOPERATING

1296 Win-Tel Ceramics Private Limited CARE BB CARE BB+; Stable

1297 Wockhardt Limited CARE AA- CARE A+; Stable

1298 Xplore-Tech Services Private Limited CARE BBB CARE BBB-; Stable; ISSUER NOT COOPERATING

1299 Yantra eSolarIndia Private Limited CARE BBB- (SO) CARE BBB+ (SO); Stable

1300 Yashodakrishna Automobiles Private Limited CARE BB- CARE BB+; Stable

1301 Zears Developers Private Limited CARE B+ CARE BB-; Stable

1302 Zen Tobacco Private Limited CARE B CARE B+; Stable

1303 Zigma Laminates and Systems Private Limited CARE B CARE B-; Negative

1304 Zubic Lifescience Private Limited CARE B CARE D

17

Page 18: Annexure IIcareratings.com/pdf/resources/6.2.2.aAnnexureII-H2FY18.pdf52 Ajmera Pharmasure Limited CARE BB CARE BB+; Stable 53 Akansha Ispat Private Limited CARE BB CARE BB+ 54 Akash

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

Sr. No. Name of the Issuer Rating prior to revision Rating post revision

1 AAK Kamani Private Limited CARE A2 CARE A2+

2 Aakash Global Foods Private Limited CARE A3 CARE A3+

3 Aamor Inox Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

4 Abans Broking Service Private Limited CARE A4 CARE A4+

5 Abans Commodities India Private Limited CARE A4 CARE A4+

6 Abans Jewels Private Limited CARE A4 CARE A4+

7 Abbott Cold Storages Private Limited CARE A4+ CARE A4

8 ABC India Limited CARE A3 CARE A4+

9 Abilities India Pistons and Rings Limited CARE A4 CARE A4+

10 Accurex Biomedical Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

11 Adani Agri Logistics (Kotkapura) Limited CARE A3+ CARE A2

12 Adhunik Niryat Ispat Limited CARE A4 CARE A4+

13 Adithya Automotive Applications Private Limited CARE A1 @ CARE A2

14 Aditya Industries CARE A4+ CARE A4

15 Advance Metering Technology Limited CARE A4 CARE A3

16 Agarwal Duplex Board Mills Limited CARE A4 CARE A4+

17 Agarwal Packers and Movers Limited CARE A3 CARE A3+

18 Agh Wires Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

19 Ajay Protech Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

20 Akbar Travels of India Private Limited CARE A3 CARE A4

21 Alankit Assignments Limited CARE A4+ CARE A3

22 Alchaw Metprint India Limited CARE A4 CARE A4+

23 Ambit Concrete Private Limited CARE A4+ CARE A4

24 Amit Metaliks Limited CARE A3 CARE D; ISSUER NOT COOPERATING

25 Amit Mines Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

26 Amtrak Technologies Private Limited CARE A4 CARE A4+

27 Anand Carbo Private Limited CARE A3 CARE A3+

28 Anandaloke Medical Centre Private Limited CARE A3+ CARE A3; ISSUER NOT COOPERATING

29 Anantshree Polymers Private Limited CARE A4 CARE A4+

30 Anchor Health and Beauty Care Private Limited CARE A3 CARE A4+

31 Anusha Projects Private Limited CARE A4+ CARE A3

32 Apollo Logisolutions Limited CARE A3+ CARE A3

33 Aqua Designs India Private Limited CARE A3 CARE A4+

34 Aries Agro Limited CARE A2 CARE A3+

35 Arion Healthcare CARE A4+ CARE A4; ISSUER NOT COOPERATING

36 Arvind PD Composites Private Limited CARE A2 CARE A2+

37 Ashok Motors CARE A4 CARE A4+

38 Ashwini Frozen Foods CARE A4 CARE D

39 ASK Home Furnishing Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

40 Associated Alcohols & Breweries Limited CARE A2 CARE A2+

41 Associated Colours Industries Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

42 Associated Power Structures Private Limited CARE A3+ CARE A2

43 Atlas Fisheries Private Limited CARE A3 CARE A3+

44 Atlas Textiles CARE A4 CARE D; ISSUER NOT COOPERATING

45 Axis Electrical Components (India) Private Limited CARE A2 CARE A3+

46 Axis My India Limited CARE A3 CARE A3+

47 Ayushman Medical Diagnostics Private Limited CARE A3 CARE A3+

48 Bajaj Energy Limited CARE A4 @ CARE D

49 Balaji Mobitech Private Limited CARE A4 CARE D

50 Bannari Amman Spinning Mills Limited CARE A2 CARE A3+

51 Bansal Pathways (Damoh-Katni) Private Limited CARE A3 CARE A2

52 Baramati Agro Limited CARE A2 CARE A2+

53 Baramati Speciality Steels Limited CARE A3 CARE A3+

54 BCS India Private Limited CARE A3+ CARE A2

55 Bell Flower Trading Company Private Limited CARE A4 CARE A4+

56 Best IT World (India) Private Limited CARE A4+ CARE A3

57 BGR Energy Systems Limited CARE A2 CARE A3+

58 Bhageria Industries Limited CARE A3+ CARE A2

59 Bhagiradha Chemicals and Industries Limited CARE A4 CARE A4+

60 Bhanu Construction CARE A3 CARE A4+; ISSUER NOT COOPERATING

61 Bharat Enterprises_(Gurgaon) CARE A3+ CARE A3; ISSUER NOT COOPERATING

62 Bharat Spun Pipe and Construction Company CARE A4 CARE D; ISSUER NOT COOPERATING

63 Bhoruka Power Corporation Limited CARE A3+ CARE A3

64 Bindals Papers Mills Limited CARE A4 CARE A4+

65 Birla Furukawa Fibre Optics Private Limited CARE A1 CARE A1+

66 Blue Circle Organics Private Limited CARE A4 CARE A3

67 BMI Wholesale Trading Private Limited CARE A4+ CARE A4

68 Brahmaputra River Valley Trading Private Limited CARE A4+ CARE A4

69 Bravo Sponge Iron Private Limited CARE A4 CARE A4+

70 Brooks Laboratories Limited CARE A3+ CARE A3

71 BSCPL Infrastructure Limited CARE D CARE A4

72 BSCPL Infrastructure Limited CARE A4 CARE D

73 Budge Budge Refineries Limited CARE A3 CARE A3+

Rating Movement between October 2017 to March 2018 Short Term

18

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Sr. No. Name of the Issuer Rating prior to revision Rating post revision

74 Caparo Engineering India Limited CARE A4 CARE A4+

75 Care Office Equipment Limited CARE A4+ CARE A4

76 Cargo Motors Private Limited CARE A3 CARE A4+

77 Centex International Private Limited CARE A2+ CARE A3+

78 Chinar Forge Limited CARE A3 CARE A4+; ISSUER NOT COOPERATING

79 Choudhary Construction Company CARE A4+ CARE A3

80 Clarion Properties Limited CARE A4 CARE A4+

81 CLIX capital Services Private Limited CARE A1+ CARE A1

82 Conffi Sanitaryware Private Limited CARE A4 CARE A4+

83 Conffi Sanitaryware Private Limited CARE A4+ CARE A3+

84 Consulting Engineers Group Limited CARE A2+ CARE A1

85 CRI Limited CARE A3 CARE A3+

86 CT Educational Society CARE A3 CARE A4; ISSUER NOT COOPERATING

87 Cura Sanitaryware LLP CARE A4 CARE D

88 Darpan Jewels Gujarat LLP CARE A4+ CARE A3

89 Datta Agro Services Private Limited CARE A4 CARE D

90 Davangere Sugar Company Limited CARE A3 CARE A4+

91 De Converter India Private Limited CARE A4 CARE A4+

92 Deccan Enterprises Limited CARE A3+ CARE A2

93 Deem Construction Company Private Limited CARE A3 CARE A4+

94 Deem Construction Company Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

95 Denis Chem Lab Limited CARE D CARE A4

96 Denis Chem Lab Limited CARE A4 CARE D

97 Dharti Cotspin Private Limited CARE A4 CARE A4+

98 Dharti Dredging & Infrastructure Limited CARE A3 CARE D

99 Dignus Infra Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

100 Doosan Power Systems India Private Limited CARE A1+ (SO) CARE A1 (SO)

101 DRT-Anthea Aroma Chemicals Private Limited CARE A2 CARE A2+

102 DSG Papers Private Limited CARE A4 CARE A4+

103 Dwarkadhish Cotspin Private Limited CARE A4+ CARE A3

104 Eco Protection Engineers Private Limited CARE A4+ CARE A3

105 Eco Tech Papers CARE A3+ CARE A2

106 Electropneumatics & Hydraulics India Private Limited CARE A3+ CARE A2

107 Elektromag Devices Private Limited CARE A2 CARE A3+

108 Emcure Pharmaceuticals Limited CARE A1+ CARE A1

109 EMS Infracon Private Limited CARE A3+ CARE A3; ISSUER NOT COOPERATING

110 Enaltec Labs Private Limited CARE A3+ CARE A3

111 Encore Theme Technologies Private Limited CARE A4 CARE A4+

112 Energy Development Company Limited CARE A3 CARE A4+

113 Energy Development Company Limited CARE A4+ CARE D

114 Enershell Alloys & Steel Private Limited CARE D CARE A4

115 Enexio Power Cooling Solutions India Private Limited CARE A2+ CARE A3+

116 Epsilon Carbon Private Limited CARE A3 CARE A3+

117 Eros International Media Limited CARE A1 CARE A2

118 Eros International Media Limited CARE A2 CARE A3+

119 Escorts Heart And Super Speciality Hospital Limited CARE A1+ (SO) @ CARE A2 (SO) @

120 Escorts Heart Institute and Research Centre Limited CARE A1+ @ CARE A2+ @

121 Escorts Heart Institute and Research Centre Limited CARE A2+ @ CARE A2 @

122 Essar Oil Limited CARE A1 @ CARE A1+

123 Everest Kanto Cylinder Limited CARE A4 CARE A4+

124 Excel Source International Private Limited CARE A4+ CARE A4

125 Exicom Tele-Systems Limited CARE A3 CARE A3+

126 Fedders Electric And Engineering Limited CARE A3+ CARE A3

127 Federal Mogul Goetze India Limited CARE A1 CARE A1+

128 Fiorenza Granito Private Limited CARE A4 CARE A4+

129 Fiotex Cotspin Private Limited CARE A4 CARE A4+

130 Five-Star Business Finance Limited CARE A2+ CARE A1

131 Flamingo Pharmaceuticals Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

132 Forace Polymers Private Limited CARE A3 CARE A3+

133 Fortis Health Management Limited CARE A1+ (SO) @ CARE A2 (SO) @

134 Fortis Healthcare Limited CARE A1+ @ CARE A2+ @

135 Fortis Healthcare Limited CARE A2+ @ CARE A2 @

136 Freemans Measures Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

137 G.C. Spintex Limited CARE A3 CARE A3+

138 G.D.Goenka Private Limited CARE A3+ CARE A4+; ISSUER NOT COOPERATING

139 Gadre Marine Export CARE A2 CARE A2+

140 Gadre Marine Export Private Limited CARE A2+ CARE A1

141 Galaxy Bearings Limited CARE A4+ CARE A3

142 Gandhar Oil Refinery India Limited CARE A3 CARE A3+

143 Ganeshgarhia Construction Company CARE A3 CARE A3+

144 Ganpati Plastfab Limited CARE A3 CARE A4

145 Gawar Construction Limited CARE A1 CARE A1+

146 Gayatri Projects Limited CARE A3 CARE A4

147 Gayatri Projects Limited CARE A4 CARE D

148 GEA BGR Energy System India Limited CARE A1+ CARE A2+

149 Geecy Engineering Private limited CARE A3 CARE A3+

150 Gennova Biopharmaceutical Limited CARE A1+ (SO) CARE A1 (SO)

19

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Sr. No. Name of the Issuer Rating prior to revision Rating post revision

151 Genuine Promoters CARE A3 CARE A4+; ISSUER NOT COOPERATING

152 Genuine Promoters CARE A4+ CARE A3

153 Ghevariya Exports CARE A3 CARE A4+

154 Global Energy Private Limited CARE D CARE A4

155 Globus Spirits Limited CARE A1 CARE A2+

156 Glochem Industries Private Limited CARE A3 CARE A2

157 Godawari Power and Ispat Limited CARE D CARE A4+

158 Gold Plus Glass Industry Limited CARE A4 CARE A4+

159 Gopal Sea Foods CARE A4 CARE A4+

160 Gorakhpur Kasia Tollways Private Limited CARE A2+ CARE A1+

161 Goraya Straw Board Mills Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

162 Goverdhan Energy and Petrochemicals Private Limited CARE A4 CARE A4+

163 Goyal Educational & Welfare Society CARE A4 CARE D; ISSUER NOT COOPERATING

164 Grand Windsor Resorts Limited CARE A4+ CARE A3

165 Greenlam Industries Limited CARE A1 CARE A1+

166 GRG Cotspin Private Limited CARE A3+ CARE A2+

167 Gujarat Infrapipes Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

168 Gujarat Metal Cast Industries Limited CARE A3+ CARE A3

169 Gupta Enterprises CARE A3+ CARE A4+; ISSUER NOT COOPERATING

170 Gupta Hair Products Private Limited CARE A3+ CARE A4+; ISSUER NOT COOPERATING

171 H K Lumbers LLP CARE D CARE A4

172 H K Timbers Private Limited CARE D CARE A4

173 Haldia Petrochemicals Limited CARE A1 CARE A1+

174 Hanuman Weaving Factory CARE A3 CARE A4+

175 Harmony Plastics Private Limited CARE A3+ CARE A2

176 Hetro Spinners Limited CARE A4+ CARE A4

177 Hillways Construction Company Private Limited CARE A2 CARE A3; ISSUER NOT COOPERATING

178 Him Steel Private Limited CARE A4 CARE D

179 Hindusthan National Glass and Industries Limited CARE A4 CARE D

180 Hindys Lab Private Limited CARE A4+ CARE A3

181 Honour Lab Limited CARE A3+ CARE A2

182 Hooghly Infrastructure Private Limited CARE A2 CARE A2+

183 Hypercity Retail India Limited CARE A2 (SO) @ CARE A1+ (SO)

184 Ice Make Refrigeration Limited CARE A3 CARE A2

185 IMP Powers Limited CARE A3 CARE A4+

186 Independent News Service Private Limited CARE A1 CARE A1+

187 India Carbon Limited CARE A3 CARE A3+

188 Indian Acrylics Limited CARE A3 CARE A4

189 Indian Designs Exports Private Limited CARE A2 CARE A3+

190 Indsur Global Limited CARE A3 CARE A4

191 Indus Projects Private Limited CARE A4+ CARE A3

192 Inmark Retail Private Limited CARE A3+ (SO) CARE A4 (SO)

193 Innovative Cuisine Private Limited CARE A2+ CARE A1

194 International Hospital Limited CARE A1+ (SO) @ CARE A2 (SO) @

195 Intex Technologies (India) Limited CARE A1 @ CARE A2+

196 IOL Chemicals and Pharmaceuticals Limited CARE A4 CARE A3

197 Ion Healthcare Private Limited CARE A3+ CARE A2

198 IUP Jindal Metals & Alloys Limited CARE A3+ CARE A2

199 IVL Dhunseri Petrochem Industries Private Limited CARE A2+ @ CARE A1

200 Jagannath Extrusion India Limited CARE A3 CARE A4+

201 Jai Raj Ispat Limited CARE A2 CARE A2+

202 Jainco Buildcon Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

203 Jaisingh Alloys Private Limited CARE A4+ CARE A3

204 Jash Engineering Limited CARE A2 CARE A2+

205 Jay Jay Mills (India) Private Limited CARE A3+ CARE A2

206 Jayalakshmi Sea Foods Private Limited CARE A3+ CARE A3; ISSUER NOT COOPERATING

207 Jesons Industries Limited CARE A3 CARE A3+

208 Jewel Consumer Care Private Limited CARE A4 CARE A4+

209 Jhaveri Flexo India Limited CARE A4+ CARE A3

210 Jhawar International CARE A4 CARE D; ISSUER NOT COOPERATING

211 Jindal Stainless (Hisar) Limited CARE A3 CARE A2

212 Jindal Stainless Limited CARE D CARE A4+

213 JK Agri Genetics Limited CARE A3+ CARE A2

214 Jocil Limited CARE A2+ CARE A2

215 Jocil Limited CARE A2+ (FD) CARE A2 (FD)

216 JRE Infra Private Limited CARE A3 @ CARE A4

217 JSW Dharamtar Port Private Limited CARE A1 CARE A1+

218 JSW Infrastructure Limited CARE A1 CARE A1+

219 JSW Jaigarh Port Limited CARE A1 CARE A1+

220 K A I International Private Limited CARE A4 CARE A4+

221 K R Pulp & Papers Limited CARE A2+ CARE A1

222 K. B. Ispat Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

223 K. K. Builders Private Limited CARE A4 CARE A4+

224 K. K. Sorathia CARE A4+ CARE A4; ISSUER NOT COOPERATING

225 K. Ramachandra Rao Transmission and Projects Private Limited CARE A3+ CARE A2

226 K.N. Resources Private Limited CARE A3 CARE A3+

227 K.P.R. Sugar Mill Limited CARE A2+ CARE A1

20

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Sr. No. Name of the Issuer Rating prior to revision Rating post revision

228 Kailash Shipping Services Private Limited CARE A3+ CARE A3

229 Kanchanjunga Power Company Private Limited CARE A3 CARE A3+

230 Kancor Ingredients Limited CARE A3+ CARE A2

231 Kanwar Enterprises Private Limited CARE A3+ CARE A3; ISSUER NOT COOPERATING

232 Kaze Energy Limited CARE A3 CARE A3+

233 KEF Infrastructure India Private Limited CARE A3 CARE A4+

234 Kena Alloys Private Limited CARE A4 CARE D

235 Khadim India Limited CARE A2 CARE A2+

236 Khosla Profil Private Limited CARE A3 CARE A3+

237 Kiran Global Chem Limited CARE A3 CARE A4

238 Kiran Infra Engineers Limited CARE A4+ CARE A3

239 Kirloskar Electric Company Limited CARE A4 CARE D

240 Knack Packaging Private Limited CARE A3 CARE A3+

241 Kota Dall Mill CARE A3+ CARE A3

242 Kotecha Industries Limited CARE A4 CARE D; ISSUER NOT COOPERATING

243 KPC Medical College & Hospital CARE A4 CARE D; ISSUER NOT COOPERATING

244 KPC Projects Limited CARE A3+ CARE A2

245 Kriti Nutrients Limited CARE A3+ CARE A2

246 KSE Electricals Private Limited CARE A3+ CARE A2

247 Kuantum Papers Limited CARE A2 CARE A2+

248 Kurmi Energy Private Limited CARE D CARE A4

249 KYB-Conmat Private Limited CARE A3+ CARE A2

250 Lahoty Buildcon Limited CARE A4 CARE A4+

251 Lalpur Wind Energy Limited CARE A3 CARE A3+

252 Latiyal Handicrafts Private Limited CARE A4 CARE A4+

253 Ligare Aviation Limited CARE A4 CARE D; ISSUER NOT COOPERATING

254 Lokesh Machines Limited CARE D CARE A4

255 Lotus Texpark Limited CARE A1 (SO) CARE A1+ (SO)

256 Loxim Industries Limited CARE A3+ CARE A2

257 M. K. Agrotech Private Limited CARE A2+ CARE A1

258 M. S. Ramaiah Developers and Builder Private Limited CARE A3+ CARE A3

259 Madhav Infra Projects Limited CARE A3+ CARE A2

260 Madhav Solar (Karnataka) Private Limited CARE A2 (SO) CARE A2+ (SO)

261 Madhav Textiles CARE A4 CARE D; ISSUER NOT COOPERATING

262 Madhuram Construction Company CARE A3 CARE A4+

263 Mafatlal Industries Limited CARE A3+ CARE A3

264 Mahatma Jyotiba Fule Vidhyapeeth Samiti CARE A4+ CARE A4; ISSUER NOT COOPERATING

265 Mahendra Sponge and Power Limited CARE A3+ CARE A3; ISSUER NOT COOPERATING

266 Mahi Granites Private Limited CARE A3 CARE A3+

267 Majestic Exports CARE A4+ CARE A3

268 Man Infra Construction Limited CARE A2 CARE A2+

269 Man Projects Limited CARE A2 (SO) CARE A2+ (SO)

270 Manaj Infraconstruction Limited CARE A2 (SO) CARE A2+ (SO)

271 Mantra Exports Private Limited CARE A2+ CARE A2

272 Maruti Clean Coal and Power Limited CARE A3 CARE A3+

273 Maruti Infracreation Private Limited CARE A3 CARE A4+; ISSUER NOT COOPERATING

274 Mauria Udyog Limited CARE A3 CARE A4+; ISSUER NOT COOPERATING

275 MB Power (Madhya Pradesh) Limited CARE A4+ CARE A3+

276 Mechemco Industries CARE A4+ CARE A4

277 Medi Assist Insurance TPA Private Limited CARE A1+ CARE A1

278 Mediplus (India) Limited CARE A3+ CARE A3

279 Megafine Pharma Private Limited CARE A2+ CARE A2

280 Mehul Construction Company Private Limited CARE A4+ CARE A3

281 Melstar Information Technologies Limited CARE A4 CARE D; ISSUER NOT COOPERATING

282 Metro and Metro CARE A2+ CARE A2; ISSUER NOT COOPERATING

283 Mewar Polytex Limited CARE A3+ CARE A2

284 Micro Industrial Corporation CARE A3+ CARE A3; ISSUER NOT COOPERATING

285 Micro Therapeutic Research Labs Private Limited CARE D CARE A4

286 Millenium Papers Private Limited CARE A4 CARE A4+

287 Mini Diamonds India Limited CARE A4 CARE D

288 Modern Road Makers Private Limited CARE A1 CARE A1+ (SO)

289 Mojj Engineering Systems Limited CARE A4+ CARE A4

290 Mount Everest Breweries Limited CARE A2 (SO) CARE A2+ (SO)

291 Mudrakshi Hytech India Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

292 Muralikrishna Infracon (Bangalore) Private Limited CARE A4 CARE A4+

293 Murli Krishna Pharma Private Limited CARE A4 CARE D

294 NACL Industries Limited CARE A3+ CARE A2

295 Nandan Buildcon Private Limited CARE A4 CARE D

296 Nandi Vardhana Textile Mills Limited CARE A4 CARE D; ISSUER NOT COOPERATING

297 Narmada Bio-Chem Limited CARE A3+ CARE A3

298 Nathella Sampath Jewelry Private Limited CARE A3 CARE D; ISSUER NOT COOPERATING

299 National Energy Trading and Services Limited CARE A3+ CARE A3

300 Navayuga Engineering Company Limited CARE A2+ CARE A1

301 Navayuga Infotech Private Limited CARE A2 (SO) CARE A2+ (SO)

302 NCC Infraspace Private Limited CARE A3 CARE A4+; ISSUER NOT COOPERATING

303 Neelkanth Pulp & Paper Board's CARE A4 CARE A4+

304 Nelco Limited CARE A2+ CARE A1

21

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Sr. No. Name of the Issuer Rating prior to revision Rating post revision

305 Neutral Publishing House Limited CARE A2 CARE A2+

306 Nexus Feeds Limited CARE A3 CARE A4; ISSUER NOT COOPERATING

307 Nirlep Appliances Private Limited CARE A4+ CARE A4

308 Noble Tech Industries Private Limited CARE A4+ CARE A3

309 NV Distilleries and Breweries Private Limited CARE D CARE A4

310 Om Metals Auto Private Limited CARE A4 CARE A3

311 Orange City Water Private Limited CARE A3 @ CARE A4 @

312 Orient Paper & Industries Limited CARE A1 @ CARE A1+

313 Oriental Structural Engineerings Private Limited CARE A2 CARE A2+

314 Orissa Metaliks Private Limited CARE A2 CARE A2+

315 Ostro Urja Wind Private Limited CARE A3+ CARE A2

316 Oswal Knit India Limited CARE A4 CARE D; ISSUER NOT COOPERATING

317 P. M. Industries CARE A4 CARE D; ISSUER NOT COOPERATING

318 Pacific Academy of Higher Education & Research Society CARE A2 CARE A4+; ISSUER NOT COOPERATING

319 Panacea Biotec Limited CARE A4 CARE D

320 Paramount Blankets Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

321 Parnika Commercial & Estate Private Limited CARE A3 CARE A3+

322 Parsoli Motor Works Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

323 Patanjali Ayurved Limited CARE A1 CARE A1+

324 Payal Petropack Private Limited CARE A4+ CARE A4

325 PCM Cement Concrete Private Limited CARE A4 CARE A4+

326 Pinakin Plastoforming Limited CARE A4 CARE D

327 Pix Transmissions Limited CARE A3+ CARE A2+

328 Plasti Weave Industries LLP CARE A3+ CARE A2

329 Poly Pipes India Private Limited CARE A2 CARE A2+

330 Polyplex Corporation Limited CARE A1 CARE A1+

331 Ponni Sugars (Erode) Limited CARE A3 CARE A3+

332 Positronics Private Limited CARE A3 CARE A4

333 PPN Power Generating Company Private Limited CARE A2+ CARE A3

334 Prakash Asphaltings and Toll Highways (India) Limited CARE A2 CARE A3+

335 Prakash Plastic Industries CARE A4+ CARE A4

336 Pratibha Fabrics Limited CARE A3 CARE A3+

337 Praveen Spinners India Private Limited CARE A3+ (SO) CARE A2 (SO)

338 Pravin Masalewale CARE A3+ CARE A2

339 Precision Automation and Robotics India Limited CARE A2 CARE A1

340 Precision Plastic Industries Private Limited CARE A3+ CARE A3

341 Premier Irrigation Adritec Private Limited CARE A4 CARE A4+

342 Premierworld Technology Limited CARE D CARE A4

343 Prince Spinners Private Limited CARE A4 CARE A4+

344 Progility Technologies Private Limited CARE A1 CARE A2

345 Protrans Supply Chain Management Private Limited CARE A2 (SO) CARE A2+ (SO)

346 Quadrant Televentures Limited CARE A4 CARE D

347 Qutone Ceramic Private Limited CARE A3+ CARE A2

348 Qutone Granito Private Limited CARE A3+ CARE A2

349 Qutone Tiles Private Limited CARE A3+ CARE A2

350 R. E. Cables and Conductors Private Limited CARE A3+ CARE D; ISSUER NOT COOPERATING

351 R. G. Buildwell Engineers Limited CARE A3 CARE A3+

352 Raajratna Ventures Limited CARE A3+ CARE A2

353 Raipur Power And Steel Limited CARE A3+ CARE A4; ISSUER NOT COOPERATING

354 Raj West Power Limited CARE A1 CARE A1+

355 Raja Udyog Private Limited CARE A2 @ CARE A4; ISSUER NOT COOPERATING

356 Rajasthan Antibiotics Limited CARE A3 CARE A4; ISSUER NOT COOPERATING

357 Rajat Agro Commodities Private Limited CARE A4 CARE A4+

358 Rambal Limited CARE A3 CARE A3+

359 Ramkrushna Spinning Mills Private Limited CARE A4 CARE A4+

360 Rana Steels India Limited CARE A4 CARE D

361 Randhawa Construction Co CARE A3 CARE A4

362 Rathi Hatcheries Private Limited CARE A4 CARE D

363 Raxa Security Services Limited CARE A3 (SO) CARE A4 (SO)

364 Rays Power Experts Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

365 Real Spintex Private Limited CARE A4 CARE A4+

366 ReGen Infrastructure and Services Private Limited CARE A3 (SO) CARE A4

367 ReGen Powertech Private Limited CARE A3 CARE D

368 Rishi FIBC Solutions Private Limited CARE A2+ CARE A1

369 Rockland Ceramic LLP CARE A4 CARE D

370 Roop Polymers Limited CARE A3+ CARE A2+

371 Royal Castor Products Limited CARE A2+ CARE A2; ISSUER NOT COOPERATING

372 RRB Energy Limited CARE A4 CARE D

373 Rubamin Limited CARE A2+ CARE A1

374 Rupa Dyeing and Printing Private Limited CARE A4+ CARE A3

375 S. Chand and Company Limited CARE A1 CARE A1+

376 S.G. Polyplast Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

377 Sahdev Jewellers CARE A4 CARE D

378 Sahiba Limited CARE A3+ CARE A2

379 Sajjala Woven Sacks Private Limited CARE A4 CARE D

380 Sakar Granito (India) Private Limited CARE A4+ CARE A3

381 Sakar Healthcare Limited CARE A3 CARE A3+

22

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Sr. No. Name of the Issuer Rating prior to revision Rating post revision

382 Salasar Balaji Ship Breakers Private Limited CARE A4 CARE A4+

383 Salasar Techno Engineering Limited CARE A3+ CARE A2

384 Sambhav Exim CARE A4 CARE D

385 Sanathan Textiles Private Limited CARE A3 CARE A3+

386 Sanghavi Jewel Private Limited CARE A4 CARE D

387 Santhoshimathaa Oils and Fats Private Limited CARE A4+ CARE A3

388 Sarda Metal & Alloys Limited CARE A4+ CARE A3

389 Saregama India Limited CARE A1 CARE A1+

390 Sarv Bio Labs Private Limited CARE A4 CARE A4+

391 Savair Energy Limited CARE A4 CARE D; ISSUER NOT COOPERATING

392 Savas Engineering Company Private Limited CARE A2 (SO) CARE A3+ (SO)

393 Savemax Wholesale Club Private Limited CARE A3 CARE D; ISSUER NOT COOPERATING

394 Scott Edil Advance Research Laboratories & Education Limited CARE A3+ CARE A2

395 Scott Edil Pharmacia Limited CARE A3+ CARE A2

396 Scotts Garments Limited CARE A3+ CARE A4

397 Shalimar Paints Limited CARE A4 CARE D

398 Sharp Ferro Alloys Limited CARE A4 CARE A3

399 Shilchar Technologies Limited CARE A2 CARE A2+

400 Shiva Industrial Security Agency (Gujarat) Private Limited CARE A4 CARE A3

401 Shivalik Bimetal Controls Limited CARE A3+ CARE A2

402 Shivpuja Constructions Private Limited CARE A3+ CARE A2

403 Shraddha Energy and Infraprojects Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

404 Shree Ginger Enterprises Limited CARE A3 CARE D; ISSUER NOT COOPERATING

405 Shree Krishnanand Infrastruture and Developers Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

406 Shreem Electric Limited CARE A2+ CARE A2

407 Shriya Overseas Private Limited CARE A4 CARE D

408 Shruti Fashions Private Limited CARE A4+ CARE A4; ISSUER NOT COOPERATING

409 Shyam Metalics and Energy Limited CARE A1 CARE A1+

410 Shyam Sel and Power Limited CARE A1 CARE A1+

411 Shyam Steel Industries Limited CARE A2 CARE A1

412 Shyam Steel Manufacturing Limited CARE A2 (SO) CARE A1 (SO)

413 Shyamsree Food Processing Private Limited CARE A2 CARE A2+

414 SI Air Springs Private Limited CARE A3+ CARE A2

415 Silmohan Gems Private Limited CARE D CARE A4

416 Sintex-BAPL Limited CARE A1+ CARE A2+

417 Siro Clinpharm Private Limited CARE A4 CARE A3

418 Sitapuram Power Limited CARE A3+ CARE D

419 Smilax Laboratories Limited CARE A3 CARE D; ISSUER NOT COOPERATING

420 SML Films Limited CARE A3+ CARE A2

421 SMS-AABS India Tollways Private Limited CARE A2+ CARE A1+

422 Smt. Nanadamuri Basava Taraka Rama Rao Memorial Cancer Foundation & Research CentreCARE A3 CARE A3+

423 Smt. Shakuntla Educational and Welfare Society CARE D CARE A4

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Sr. No. Name of the Issuer Rating prior to revision Rating post revision

424 Sona Processors India Limited CARE A3 CARE A3+

425 Spectrum Filtration Private Limited CARE A4 CARE A4+

426 Spectrum Johnson Tiles Private Limited CARE A3+ CARE A3

427 Stanadyne India Private Limited CARE A2 CARE A2+

428 Standard Fireworks Private Limited CARE A2+ CARE A2

429 Steelcast Limited CARE A3 CARE A3+

430 Sujala Pipes Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

431 Sukhbir Agro Energy Limited CARE A3+ CARE A2

432 Sulochana Cotton Spinning Mills Private Limited CARE A3 CARE A3+

433 Sun Agrifresh Industries Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

434 Sun Polytex Private Limited CARE A3+ CARE A2

435 Suncity Sheets Private Limited CARE A3+ CARE A3; ISSUER NOT COOPERATING

436 Suncity Strips & Tubes Private Limited CARE A3+ CARE A3; ISSUER NOT COOPERATING

437 Sunheri Texcraft Private Limited CARE A4+ CARE A3

438 Super Spinning Mills Limited CARE A4+ CARE A4

439 Supreme and Company Private Limited CARE A3 CARE A4+; ISSUER NOT COOPERATING

440 Supreme Batteries Private Limited CARE A4 CARE A4+

441 SUSHEE IVRCL ArunachalHighways Limited CARE A3 CARE A4

442 Symbiotec Pharmalab Private Limited CARE A2+ CARE A1

443 Talbros Automotives Components Limited CARE A2 CARE A2+

444 Talbros Engineering Limited CARE A2 CARE A2+

445 Taneja Aerospace and Aviation Limited CARE A4 CARE D

446 Tania Industries Private Limited CARE A3 CARE A3+

447 Taril Infrastructure Limited CARE A2 (SO) CARE A3+ (SO)

448 Tata Power Renewable Energy Limited CARE A1 CARE A1+

449 Tata Teleservices (Maharashtra) Limited CARE A2+ @ CARE A1+ @

450 Tata Teleservices Limited CARE A2+ @ CARE A1+ @

451 Tatanet Services Limited CARE A2+ CARE A1

452 Tehri Pulp and Paper Limited CARE D CARE A4

453 Tek Travel Private Limited CARE A3 CARE A3+

454 Temple Packaging Private Limited CARE A2 CARE A3+

455 Terram Geosynthetics Private Limited CARE A3 CARE A3+

456 Thatavarthi Apparels Limited CARE A4 CARE A4+

457 The Amir Education Society CARE A3 CARE A4+; ISSUER NOT COOPERATING

458 Thexa Pharma Private Limited CARE A4 CARE D; ISSUER NOT COOPERATING

459 Thriveni Earthmovers Private Limited CARE A2+ @ CARE A2 @

460 Tibrewala Electricals CARE A3+ CARE A3; ISSUER NOT COOPERATING

461 Tibrewala Electronics Limited CARE A2 CARE A3+; ISSUER NOT COOPERATING

462 Tractors India Private Limited CARE A2+ CARE A2

463 Transformers and Rectifiers India Limited CARE A2 CARE A3+

464 Transways Exim Private Limited CARE A3 CARE A4+

465 Trident Limited CARE A1 CARE A1+

466 Trimax IT Infrastructure & Services Limited CARE A2 CARE A3; ISSUER NOT COOPERATING

467 TSR Nirmaan Private Limited CARE A4+ CARE A3

468 Turtle Limited CARE A3+ CARE A3; ISSUER NOT COOPERATING

469 UM Cables Limited CARE A2 CARE A3+

470 Um Green Lighting Private Limited CARE A4 CARE D

471 Umang Boards Private Limited CARE A4 CARE A4+

472 Undercarriage & Tractor Parts Private Limited CARE A4 CARE A4+

473 Uppal Housing Private Limited CARE A3 CARE A4+; ISSUER NOT COOPERATING

474 Usha Martin Limited CARE A3 CARE A4+

475 Utkarsh India Limited CARE A3 CARE A3+

476 Uttara Impex Private Limited CARE A3+ (SO) CARE A2 (SO)

477 Vakrangee Limited CARE A3+ CARE A1

478 Valiant Glass Works Private Limited CARE A3 CARE A4+

479 Vardaan Exports CARE A4 CARE D; ISSUER NOT COOPERATING

480 Varun Procon Private Limited CARE A3 CARE A4+; ISSUER NOT COOPERATING

481 Vascular Concepts Limited CARE A3 CARE A4+

482 Vasishta Constructions Private Limited CARE A3 CARE A3+

483 Venkateshwara Hatcheries Private Limited CARE A3+ CARE A2

484 Venky's India Limited CARE A3+ CARE A2

485 Virdev Intermediates Private Limited CARE A4 CARE A4+

486 Vishnu Chemicals Limited CARE A3 CARE A4+

487 Vivimed Labs Limited CARE A3 CARE A3+

488 Walchandnagar Industries Limited CARE D CARE A4

489 Waaree Energies Limited CARE A3 CARE A4

490 Weizmann Forex Limited CARE A3+ CARE A2

491 Western Carriers (India) Limited CARE A3 CARE A3+

492 Win-Tel Ceramics Private Limited CARE A4 CARE A4+

493 Wockhardt Limited CARE A1+ CARE A1

@ Under Credit Watch

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