Live Ratings
A   Assigned  R   Reaffirmed  W   Withdrawn  S   Suspended  U   Upgraded  D   Downgraded  RW   Ratings Under Watch  I   INC  DI   Downgraded & INC  WI   Withdrawn & INC  DW   Downgraded & Withdrawn  DWI   Downgraded, Withdrawn & INC  


INC denotes Issuer Not Cooperating


Date Entity Name Rating Action
28th Nov 25 Namra Finance Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Non Convertible Debentures Long Term INR 40 CR ACUITE A-/ Stable   R
  Non Convertible Debentures Long Term INR 50 CR ACUITE A-/ Stable   R
  Non Convertible Debentures Long Term INR 40 CR ACUITE A-/ Stable   R
  Proposed Bank Facility Long Term INR 15 CR ACUITE A-/ Stable   R
  Proposed Non Convertible Debentures Long Term INR 50 CR ACUITE A-/ Stable   A
  Proposed Term Loan Long Term INR 153.47 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 14.85 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 12.5 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 6.66 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 28.33 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 17.49 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 16.33 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 19 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 18 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 39.99 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 21.63 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 15.98 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 15.33 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 15 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 1.5 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 1.66 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 4.48 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 1 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 1.67 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 0.95 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 3.33 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 6.69 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 2.93 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 1.26 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 1.5 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 0.57 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 6.25 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 30.79 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 9.37 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 9.24 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 5 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 21.21 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 14.47 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 45.93 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 23.75 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 133 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 27.5 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 3.75 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 9.07 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 17.93 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 6.67 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 8.97 CR ACUITE A-/ Stable  
28th Nov 25 Arman Financial Services Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Cash Credit Long Term INR 0.5 CR ACUITE A-/ Stable   R
  Non Convertible Debentures Long Term INR 49.8 CR ACUITE A-/ Stable   R
  Non Convertible Debentures Long Term INR 40 CR ACUITE A-/ Stable   R
  Proposed Bank Facility Long Term INR 28.21 CR ACUITE A-/ Stable   R
  Proposed Non Convertible Debentures Long Term INR 10 CR ACUITE A-/ Stable   R
  Proposed Non Convertible Debentures Long Term INR 0.2 CR ACUITE A-/ Stable   R
  Proposed Non Convertible Debentures Long Term INR 75 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 15 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 20 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 6 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 0.29 CR ACUITE A-/ Stable   R
28th Nov 25 Shri Maa Polyfab Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 7.5 CR ACUITE A4+   DI
  Bank Guarantee Short Term INR 0.41 CR ACUITE A4+   DI
  Cash Credit Long Term INR 52 CR ACUITE BB+   DI
  Cash Credit Long Term INR 14 CR ACUITE BB+   DI
  Channel Financing Long Term INR 13 CR ACUITE BB+   DI
  Term Loan Long Term INR 0.95 CR ACUITE BB+   DI
  Term Loan Long Term INR 3.67 CR ACUITE BB+   DI
  Letter of Credit Short Term INR 5 CR ACUITE A4+   DI
  Proposed Bank Facility Long Term INR 0.24 CR ACUITE BB+   DI
  Standby Line of Credit Long Term INR 8 CR ACUITE BB+   DI
  Term Loan Long Term INR 26 CR ACUITE BB+   DI
  Working Capital Term Loan Long Term INR 0.26 CR ACUITE BB+   DI
28th Nov 25 Hariom Polypacks Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 3 CR ACUITE A4+   WI
  Cash Credit Long Term INR 19.5 CR ACUITE BB+   WI
  Term Loan Long Term INR 0.41 CR ACUITE BB+   WI
  Term Loan Long Term INR 3.17 CR ACUITE BB+   WI
  Proposed Bank Facility Long Term INR 16.83 CR   W
  Term Loan Long Term INR 4.85 CR ACUITE BB+   WI
  Term Loan Long Term INR 7 CR ACUITE BB+   WI
28th Nov 25 R K D Construction Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 112 CR ACUITE A1   R
  Bank Guarantee Short Term INR 45 CR ACUITE A1   R
  Bank Guarantee Short Term INR 82 CR ACUITE A1   R
  Bank Guarantee Short Term INR 36 CR ACUITE A1   R
  Bank Guarantee Short Term INR 50 CR ACUITE A1   R
  Bank Guarantee Short Term INR 90 CR ACUITE A1   R
  Bank Guarantee Short Term INR 262.5 CR ACUITE A1   R
  Bank Guarantee Short Term INR 86 CR ACUITE A1   R
  Bank Guarantee Short Term INR 40 CR ACUITE A1   R
  Bank Guarantee Short Term INR 20 CR ACUITE A1   R
  Cash Credit Long Term INR 25 CR ACUITE A/ Positive   R
  Cash Credit Long Term INR 62.5 CR ACUITE A/ Positive   R
  Cash Credit Long Term INR 9 CR ACUITE A/ Positive   R
  Cash Credit Long Term INR 4 CR ACUITE A/ Positive   R
  Cash Credit Long Term INR 6 CR ACUITE A/ Positive   R
  Cash Credit Long Term INR 4 CR ACUITE A/ Positive   R
  Proposed Bank Guarantee Short Term INR 27 CR ACUITE A   R
  Proposed Cash Credit Long Term INR 6 CR ACUITE A/ Positive   R
  Proposed Long Term Loan Long Term INR 14 CR ACUITE A/ Positive   R
  Proposed Short Term Loan Short Term INR 50 CR ACUITE A1   A
  Secured Overdraft Long Term INR 14 CR ACUITE A/ Positive   R
28th Nov 25 Amrit Malwa Capital Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Non Convertible Debentures Long Term INR 25 CR ACUITE PP-MLD BBB/ Stable   R
  Term Loan Long Term INR 7 CR / Stable   W
28th Nov 25 Manhar Polymers Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 3 CR ACUITE A4+   WI
  Cash Credit Long Term INR 9.5 CR ACUITE BB+   WI
  Proposed Bank Facility Long Term INR 0.5 CR ACUITE BB+   W
  Secured Overdraft Long Term INR 21 CR ACUITE BB+   WI
  Secured Overdraft Long Term INR 9 CR ACUITE BB+   WI
  Term Loan Long Term INR 12.5 CR ACUITE BB+   WI
  Term Loan Long Term INR 15.5 CR ACUITE BB+   WI
28th Nov 25 Shri Dakshineshwari Maa Polyfab Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 8 CR ACUITE A4+   WI
  Cash Credit Long Term INR 69 CR ACUITE BB+   WI
  Term Loan Long Term INR 6.75 CR ACUITE BB+   WI
  Term Loan Long Term INR 6.55 CR ACUITE BB+   WI
  Proposed Bank Facility Long Term INR 9.29 CR   W
  Standby Line of Credit Long Term INR 10 CR ACUITE BB+   WI
  Term Loan Long Term INR 25.72 CR ACUITE BB+   WI
  Term Loan Long Term INR 3.84 CR ACUITE BB+   WI
  Term Loan Long Term INR 33.85 CR ACUITE BB+   WI
28th Nov 25 KIFS Housing Finance Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Proposed Term Loan Long Term INR 9.23 CR ACUITE A-/ Stable   R
  Proposed Term Loan Long Term INR 65.55 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 16.25 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 2.22 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 2.75 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 5.17 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 3.33 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 17.81 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 26.91 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 37.55 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 26.25 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 19.94 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 13.25 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 16 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 24.31 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 17.87 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 9.33 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 26.59 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 18.69 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 15.49 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 42.08 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 25.51 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 75.4 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 18 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 22.92 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 18.69 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 27.5 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 45.83 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 14.25 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 50 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 25 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 47.84 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 50 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 30 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 0.25 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 14.97 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 24.51 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 2.53 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 2.41 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 15 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 4.54 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 2.16 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 12.89 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 3.33 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 9 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 6.25 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 11.82 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 8.33 CR ACUITE A-/ Stable   R
  Term Loan Long Term INR 15 CR ACUITE A-/ Stable   R
28th Nov 25 Avlight Automotives Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Packing Credit Long Term INR 18 CR ACUITE BBB- / Stable   U
  Proposed Bank Facility Long Term INR 16.15 CR ACUITE BBB- / Stable   U
  Term Loan Long Term INR 0.01 CR ACUITE BBB- / Stable   U
  Term Loan Long Term INR 0.01 CR ACUITE BBB- / Stable   U
  Term Loan Long Term INR 4.17 CR ACUITE BBB- / Stable   U
  Term Loan Long Term INR 0.28 CR ACUITE BBB- / Stable   U
  Working Capital Term Loan Long Term INR 1.38 CR ACUITE BBB- / Stable   U
27th Nov 25 Hindon Mercantile Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Non Convertible Debentures Long Term INR 34 CR ACUITE A-/ Stable   R
  Non Convertible Debentures Long Term INR 25 CR ACUITE A-/ Stable   R
  Non Convertible Debentures Long Term INR 31.9 CR ACUITE A-/ Stable   R
  Non Convertible Debentures Long Term INR 67.31 CR ACUITE A-/ Stable   R
  Non Convertible Debentures Long Term INR 11 CR ACUITE A-/ Stable   R
  Proposed Bank Facility Long Term INR 30 CR ACUITE A-/ Stable   R
  Proposed Non Convertible Debentures Long Term INR 0.79 CR ACUITE A-/ Stable   R
27th Nov 25 Aimengineers India Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 2 CR ACUITE A4   W
  Cash Credit Long Term INR 7 CR ACUITE C   W
  Term Loan Long Term INR 3.82 CR ACUITE C   W
  Term Loan Long Term INR 5.65 CR ACUITE C   W
  Term Loan Long Term INR 0.87 CR ACUITE C   W
  Term Loan Long Term INR 1.66 CR ACUITE C   W
  Term Loan Long Term INR 7.72 CR ACUITE C   W
  Term Loan Long Term INR 0.11 CR ACUITE C   W
  Term Loan Long Term INR 2.96 CR ACUITE C   W
  Term Loan Long Term INR 0.11 CR ACUITE C   W
27th Nov 25 UNIQUE SUN POWER PRIVATE LIMITED Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Cash Credit Long Term INR 9 CR ACUITE BBB- / Stable   A
  Proposed Bank Facility Long Term INR 7.57 CR ACUITE BBB- / Stable   A
  Term Loan Long Term INR 8.43 CR ACUITE BBB- / Stable   A
27th Nov 25 ALPHA ALTERNATIVES FINANCIAL SERVICES PRIVATE LIMITED (ERSTWHILE PROVINCIAL FINANCE AND LEASING CO PRIVATE LIMITED) Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Non Convertible Debentures Long Term INR 207 CR ACUITE PP-MLD A/ Stable   R
  Non Convertible Debentures Long Term INR 360 CR ACUITE PP-MLD A/ Stable   R
  Non Convertible Debentures Long Term INR 82.01 CR ACUITE PP-MLD A/ Stable   R
  Non Convertible Debentures Long Term INR 150 CR ACUITE PP-MLD A/ Stable   R
  Non Convertible Debentures Long Term INR 191.34 CR ACUITE PP-MLD A/ Stable   R
  Non Convertible Debentures Long Term INR 16.67 CR ACUITE PP-MLD A/ Stable   R
  Non Convertible Debentures Long Term INR 70 CR ACUITE PP-MLD A/ Stable   R
  Non Convertible Debentures Long Term INR 56.78 CR ACUITE PP-MLD A/ Stable   R
  Non Convertible Debentures Long Term INR 188.9 CR   W
  Non Convertible Debentures Long Term INR 90.8 CR   W
  Non Convertible Debentures Long Term INR 336.7 CR   W
  Proposed Non Convertible Debentures Long Term INR 100 CR ACUITE PP-MLD A/ Stable   R
  Proposed Non Convertible Debentures Long Term INR 176.6 CR ACUITE PP-MLD A/ Stable   R
  Proposed Non Convertible Debentures Long Term INR 57.99 CR ACUITE PP-MLD A/ Stable   R
  Proposed Non Convertible Debentures Long Term INR 115.21 CR ACUITE PP-MLD A/ Stable   R
26th Nov 25 Sar Transport Systems Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 0.05 CR ACUITE A4+   I
  Bank Guarantee Short Term INR 2 CR ACUITE A4+   I
  Cash Credit Long Term INR 14 CR ACUITE BB   I
  Cash Credit Long Term INR 14.3 CR ACUITE BB   I
  Proposed Bank Facility Long Term INR 0.1 CR ACUITE BB   I
  Standby Line of Credit Short Term INR 2.55 CR ACUITE A4+   I