Unaccepted Ratings

Acuité discloses the ratings that remain unaccepted 30 days after the communication of Rating. In compliance with SEBI circular effective May 30, 2018, all non-accepted ratings shall be disclosed on the website of Acuité for a period of 12 months from the date of such rating being disclosed as a non-accepted rating on the website.

Name of the
Sector Instrument Type Issue Size
(In Cr.)
Rating Communication Date Listing Status Long Term Rating Outlook Short Term Rating
A G BABU SAH Retail TradingBank Facilities9 25-Oct-2018 Unlisted ACUITE B- Stable -
A ONE FOOTWEARS PRIVATE LIMITED FootwearBank Facilities15.6 01-Oct-2018 Unlisted ACUITE BB Stable ACUITE A4+
A P REFINERY PRIVATE LIMITED Vegetable oils & productsBank Facilities100 12-Dec-2018 Unlisted ACUITE BBB- Stable -
A STAR CREATIONS LLP Other textilesBank Facilities14 04-Feb-2019 Unlisted ACUITE B- Stable -
AAA ROLLER FLOUR MILLS PRIVATE LIMITED Other agricultural productsBank Facilities23 11-Sep-2018 Unlisted ACUITE BB Stable -
AAACORP EXIM INDIA PRIVATE LIMITED Wholesale tradingBank Facilities34.5 03-Jan-2019 Unlisted ACUITE D - ACUITE D
AADHAVAN SPINNERS PRIVATE LIMITED Textile processingBank Facilities6.9 24-Sep-2018 Unlisted ACUITE B+ Stable -
AARNAV INDUSTRIES PRIVATE LIMITED Textile processingBank Facilities20 02-Apr-2019 Unlisted ACUITE BBB Stable ACUITE A3+
AASTHA SPINTEX PRIVATE LIMITED Cotton & blended yarnBank Facilities77 16-Nov-2018 Unlisted ACUITE BB- Stable -
ABN TOWER AND TRANSMISSION PRIVATE LIMITED Generators, transformers & switchgearsBank Facilities25 14-Feb-2019 Unlisted ACUITE BB+ Stable ACUITE A4+
ABT INDUSTRIES LIMITED Diversified automobileBank Facilities10 23-Apr-2019 Unlisted ACUITE BB+ Stable ACUITE A4+
ACCORD CHEMICAL CORPORATION Other chemical productsBank Facilities25 29-Aug-2018 Unlisted ACUITE B+ Stable -
ACME EXCELLENT MANAGEMENT PRIVATE LIMITED Business services & consultancyBank Facilities13 01-Oct-2018 Unlisted ACUITE BB+ Stable ACUITE A4+
ACME ODISHA SOLAR POWER PRIVATE LIMITED Renewable electricityBank Facilities166 03-Sep-2018 Unlisted ACUITE A Stable -
ACME RAIPUR SOLAR POWER PRIVATE LIMITED Renewable electricityBank Facilities146 03-Sep-2018 Unlisted ACUITE A Stable -
ACME SOLAR TECHNOLOGIES GUJARAT PRIVATE LIMITED Renewable electricityBank Facilities128 30-Oct-2018 Unlisted ACUITE A Stable -
ACME YAMUNANAGAR SOLAR POWER PRIVATE LIMITED Renewable electricityBank Facilities110 01-Nov-2018 Unlisted ACUITE A- Stable -
ADARSH FOOD PRODUCTS PRIVATE LIMITED Other agricultural productsBank Facilities13 03-Dec-2018 Unlisted ACUITE BB- Stable -
ADISON GRANITO PRIVATE LIMITED Ceramic productsBank Facilities99.4 17-Oct-2018 Unlisted ACUITE B+ Stable ACUITE A4
ADWALPALKAR CONSTRUCTIONS AND RESORTS PRIVATE LIMITED Commercial complexesBank Facilities18 14-Aug-2018 Unlisted ACUITE BB Stable -
AGRAWAL INFRABUILD PRIVATE LIMITED Infrastructural constructionBank Facilities30 01-Nov-2018 Unlisted ACUITE BBB- Stable -
AGRAWAL STRUCTURE MILLS PRIVATE LIMITED Sponge ironBank Facilities30 04-Jun-2019 Unlisted Acuite BB- Stable ACUITE A4+
AGROH INFRASTRUCTURE DEVELOPERS PRIVATE LIMITED Infrastructural constructionBank Facilities50 11-Sep-2018 Unlisted ACUITE BBB+ Stable ACUITE A2
AIMIL LIMITED Other electronicsBank Facilities60 19-Sep-2018 Unlisted ACUITE BB Stable ACUITE A4+
AISHWARYA LIGHT CONSTRUCTION COMPANY Housing constructionBank Facilities5 26-Mar-2019 Unlisted ACUITE BB- Stable -
Our exciting journey started in 2005 with rating of bank borrowers most of whom were small and medium enterprises. At that time, credit rating was a concept known only to large issuers of capital market instruments. Since then, like a caterpillar transforms itself into a beautiful butterfly, we transformed to rate bonds, bank facilities of large corporates and issuers across industries. Along came many achievements - SEBI Registration in 2011, RBI accreditation in 2012, 50,000 ratings in 2018, 5,000 Bond and Bank Loan Ratings in 2017, launch of India's first Android and iPhone app to disseminate rating, tamper-proof QR-code-enabled rating rationales, and SMERA Terminal to name a few.

Now is the time to re-emphasize our increasing footprint across all segments of ratings through the launch of our new name - 'Acuité'.

The name has changed. The spirit of upholding highest standards of analytical rigour, continuous improvement, excellence in our processes and quest for innovation remains the same. We would like to re-emphasize that we will continue to work hard to provide independent, unbiased and timely opinion of highest standard.

Acuité means 'sharpness and clarity of thought and vision'. Let our research and ratings help you take decisions with confidence.

Sankar Chakraborti