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A   Assigned  R   Reaffirmed  W   Withdrawn  S   Suspended  U   Upgraded  D   Downgraded  RW   Ratings Under Watch  I   INC  DI   Downgraded & INC  WI   Withdrawn & INC  DW   Downgraded & Withdrawn  DWI   Downgraded, Withdrawn & INC  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
14th Oct 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
  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   R
14th Oct 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
  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
14th Oct 25 KPS AGRO PRODUCTS Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 4 CR ACUITE A4+   A
  Cash Credit Long Term INR 15 CR ACUITE BB / Stable   A
  Proposed Long Term Loan Long Term INR 0.87 CR ACUITE BB / Stable   A
  Term Loan Long Term INR 6.06 CR ACUITE BB / Stable   A
  Term Loan Long Term INR 1.31 CR ACUITE BB / Stable   A
  Term Loan Long Term INR 0.76 CR ACUITE BB / Stable   A
14th Oct 25 N N Ispat Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 32.66 CR ACUITE A1   R
  Bank Guarantee Short Term INR 2.34 CR ACUITE A1   R
  Cash Credit Long Term INR 15 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 22 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 10 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 2.89 CR ACUITE A/ Stable   R
  Letter of Credit Short Term INR 9 CR ACUITE A1   R
  Letter of Credit Short Term INR 11 CR ACUITE A1   R
  Term Loan Long Term INR 37.65 CR ACUITE A/ Stable   R
14th Oct 25 Raic Integrated Sponge And Power Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 7 CR ACUITE A1   R
  Cash Credit Long Term INR 5 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 50 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 50 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 40 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 15 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 4.67 CR ACUITE A/ Stable   R
  Letter of Credit Short Term INR 35 CR ACUITE A1   R
  Letter of Credit Short Term INR 23 CR ACUITE A1   R
  Letter of Credit Short Term INR 14 CR ACUITE A1   R
  Letter of Credit Short Term INR 16 CR ACUITE A1   R
  Proposed Bank Facility Long Term INR 6.56 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 14.94 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 16.98 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 14.63 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 14.61 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 0.86 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 1.68 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 6.5 CR ACUITE A/ Stable   R
14th Oct 25 AIC Iron Industries Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 10 CR ACUITE A1   R
  Bank Guarantee Short Term INR 5 CR ACUITE A1   R
  Bank Guarantee Short Term INR 10 CR ACUITE A1   R
  Cash Credit Long Term INR 5 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 22 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 31 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 15 CR ACUITE A/ Stable   R
  Cash Credit Long Term INR 32 CR ACUITE A/ Stable   R
  Letter of Credit Short Term INR 23 CR ACUITE A1   R
  Letter of Credit Short Term INR 1.75 CR ACUITE A1   R
  Letter of Credit Short Term INR 10 CR ACUITE A1   R
  Letter of Credit Short Term INR 23.25 CR ACUITE A1   R
  Proposed Bank Facility Long Term INR 27.63 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 8.18 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 4.46 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 15 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 7.63 CR ACUITE A/ Stable   R
  Term Loan Long Term INR 14.78 CR ACUITE A/ Stable   R
13th Oct 25 LEE Pharma Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 1.5 CR ACUITE A2   U
  Cash Credit Long Term INR 31 CR ACUITE BBB+/ Stable   U
  Cash Credit Long Term INR 60 CR ACUITE BBB+/ Stable   U
  Cash Credit Long Term INR 45 CR ACUITE BBB+/ Stable   U
  Cash Credit Long Term INR 45 CR ACUITE BBB+/ Stable   U
  Cash Credit Long Term INR 36 CR ACUITE BBB+/ Stable   U
  Letter of Credit Short Term INR 15 CR ACUITE A2   U
  Letter of Credit Short Term INR 5 CR ACUITE A2   U
  Packing Credit Long Term INR 1 CR ACUITE BBB+/ Stable   U
  Proposed Letter of Credit Short Term INR 6.75 CR ACUITE A2   U
  Proposed Bank Facility Short Term INR 1.62 CR ACUITE A2   U
  Proposed Term Loan Long Term INR 39.62 CR ACUITE BBB+/ Stable   U
  Term Loan Long Term INR 3.55 CR ACUITE BBB+/ Stable   U
  Term Loan Long Term INR 11.28 CR ACUITE BBB+/ Stable   U
  Term Loan Long Term INR 29.41 CR ACUITE BBB+/ Stable   U
  Term Loan Long Term INR 1.7 CR ACUITE BBB+/ Stable   U
  Term Loan Long Term INR 6.11 CR ACUITE BBB+/ Stable   U
  Term Loan Long Term INR 5.99 CR ACUITE BBB+/ Stable   U
  Term Loan Long Term INR 14.25 CR ACUITE BBB+/ Stable   U
  Term Loan Long Term INR 16.63 CR ACUITE BBB+/ Stable   U
  Working Capital Demand Loan Long Term INR 6.08 CR ACUITE BBB+/ Stable   U
  Working Capital Term Loan Long Term INR 5.01 CR ACUITE BBB+/ Stable   U
10th Oct 25 PRATHIMA INFRASTRUCTURE LIMITED Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 70 CR ACUITE A4+   DWI
  Bank Guarantee Short Term INR 120 CR ACUITE A4+   DWI
  Bank Guarantee Short Term INR 90 CR ACUITE A4+   DWI
  Cash Credit Long Term INR 130 CR ACUITE BB+/ Stable   DWI
  Cash Credit Long Term INR 30 CR ACUITE BB+/ Stable   DWI
  Cash Credit Long Term INR 10 CR ACUITE BB+/ Stable   DWI
  Proposed Bank Facility Short Term INR 26 CR ACUITE A4+   DWI
10th Oct 25 CPL PHARMACEUTICALS PRIVATE LIMITED Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Cash Credit Long Term INR 25 CR ACUITE A-/ Stable   A
  Cash Credit Long Term INR 25 CR ACUITE A-/ Stable   A
  Proposed Term Loan Long Term INR 81.74 CR ACUITE A-/ Stable   A
  Term Loan Long Term INR 198.98 CR ACUITE A-/ Stable   A
  Term Loan Long Term INR 132.76 CR ACUITE A-/ Stable   A
  Term Loan Long Term INR 56.52 CR ACUITE A-/ Stable   A
10th Oct 25 VELICHAM FINANCE PRIVATE LIMITED - PROCYON 06 2024 Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Pass Through Certificates Long Term INR 0.38 CR ACUITE BBB (SO)   R
10th Oct 25 VELICHAM FINANCE PRIVATE LIMITED - LOANX 07 2024 Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Pass Through Certificates Long Term INR 0.54 CR ACUITE BBB+ (SO)/ Stable   R
10th Oct 25 INDITRADE FINCORP LIMITED (formerly JRG FINCORP LIMITED) Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Proposed Bank Facility Long Term INR 49.84 CR ACUITE C   I
  Term Loan Long Term INR 7.05 CR ACUITE D   I
  Term Loan Long Term INR 8.82 CR ACUITE C   I
  Term Loan Long Term INR 19.57 CR ACUITE D   I
  Term Loan Long Term INR 2.85 CR ACUITE C   I
10th Oct 25 Mourya Aquex Private Limited Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bills Discounting Short Term INR 10 CR   W
  Packing Credit Short Term INR 5 CR   W
  Term Loan Long Term INR 20 CR ACUITE B-   WI
  Term Loan Long Term INR 10 CR   W
10th Oct 25 WELSPUN MICHIGAN ENGINEERS LIMITED (ERSTWHILE WELSPUN MICHIGAN ENGINEERS PRIVATE LIMITED) Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 70 CR ACUITE A4+   DWI
  Bank Guarantee Short Term INR 75 CR ACUITE A4+   DWI
  Cash Credit Long Term INR 40 CR ACUITE BB+   DWI
  Letter of Credit Long Term INR 50 CR ACUITE BB+   DWI
  Proposed Bank Guarantee Short Term INR 55 CR   W
  Proposed Cash Credit Long Term INR 12 CR   W
  Working Capital Demand Loan Long Term INR 23 CR ACUITE BB+   DWI
10th Oct 25 GEM AROMATICS LIMITED (ERSTWHILE GEM AROMATICS PRIVATE LIMITED) Latest Instr. & Lender Details | Banker Feedback   |   Add To Portfolio
  Bank Guarantee Short Term INR 33 CR ACUITE A1   R
  Bills Discounting Short Term INR 17 CR ACUITE A1   A
  Cash Credit Long Term INR 66 CR ACUITE A+/ Stable   U
  Cash Credit Long Term INR 40 CR ACUITE A+/ Stable   U
  Packing Credit Short Term INR 20 CR ACUITE A1   R
  Working Capital Demand Loan Long Term INR 20 CR ACUITE A+/ Stable   U