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
3B FILMS PRIVATE LIMITED Plastic films & flexible packagingBank Facilities39.00 21-Jun-18 Unlisted ACUITE B+ Stable -
A G BABU SAH Retail TradingBank Facilities9.00 25-Oct-18 Unlisted ACUITE B- Stable -
A G CONSTRUCTION Infrastructural constructionBank Facilities60.00 29-Jun-18 Unlisted ACUITE BB Stable ACUITE A4+
A ONE FOOTWEARS PRIVATE LIMITED FootwearBank Facilities15.60 01-Oct-18 Unlisted ACUITE BB Stable ACUITE A4+
A S CARRIERS PRIVATE LIMITED Storage & distributionBank Facilities16.00 05-Jan-18 Unlisted ACUITE BB Stable -
AAA ROLLER FLOUR MILLS PRIVATE LIMITED Other agricultural productsBank Facilities23.00 11-Sep-18 Unlisted ACUITE BB Stable -
AADHAVAN SPINNERS PRIVATE LIMITED Textile processingBank Facilities6.90 24-Sep-18 Unlisted ACUITE B+ Stable -
AANCHAL ISPAT LIMITED SteelBank Facilities25.00 15-May-18 Listed ACUITE BB+ Stable -
ABASAN REALTY LLP Housing constructionBank Facilities65.00 02-Feb-18 Unlisted ACUITE BBB- Stable -
ABHI DIAGNOSTICS IMAGINGS PRIVATE LIMITED Health servicesBank Facilities20.38 11-May-18 Unlisted ACUITE D - -
ABHIMANU ADVENTURE RESORTS PRIVATE LIMITED Hotels & restaurantsBank Facilities10.00 29-Jan-18 Unlisted ACUITE D - -
ACCORD CHEMICAL CORPORATION Other chemical productsBank Facilities25.00 29-Aug-18 Unlisted ACUITE B+ Stable -
ACETECH PEB SYSTEMS PRIVATE LIMITED EnginesBank Facilities10.00 30-Jul-18 Unlisted ACUITE B+ Stable ACUITE A4
ACME EXCELLENT MANAGEMENT PRIVATE LIMITED Business services & consultancyBank Facilities13.00 01-Oct-18 Unlisted ACUITE BB+ Stable ACUITE A4+
ACME ODISHA SOLAR POWER PRIVATE LIMITED Renewable electricityBank Facilities166.00 03-Sep-18 Unlisted ACUITE A Stable -
ACME RAIPUR SOLAR POWER PRIVATE LIMITED Renewable electricityBank Facilities146.00 03-Sep-18 Unlisted ACUITE A Stable -
ACME SOLAR TECHNOLOGIES GUJARAT PRIVATE LIMITED Renewable electricityBank Facilities128.00 30-Oct-18 Unlisted ACUITE A Stable -
ACME YAMUNANAGAR SOLAR POWER PRIVATE LIMITED Renewable electricityBank Facilities110.00 01-Nov-18 Unlisted ACUITE A- Stable -
ADISON GRANITO PRIVATE LIMITED Ceramic productsBank Facilities99.40 17-Oct-18 Unlisted ACUITE B+ Stable ACUITE A4
ADITYA ANAGHA MULTISTATE CREDIT COOPERATIVE SOCIETY LIMITED Other fund based financial servicesBank Facilities20.00 23-Mar-18 Unlisted ACUITE BB- Stable -
ADITYA PACK PLAST PRIVATE LIMITED Plastic films & flexible packagingBank Facilities10.00 25-Jul-18 Unlisted ACUITE B- Stable -
ADROIT ASSOCIATES Infrastructure finance servicesBank Facilities9.95 03-Mar-18 Unlisted ACUITE BBB Stable ACUITE A3+
ADWALPALKAR CONSTRUCTIONS AND RESORTS PRIVATE LIMITED Commercial complexesBank Facilities18.00 14-Aug-18 Unlisted ACUITE BB Stable -
AESTHETICS Readymade garmentsBank Facilities7.50 10-Apr-18 Unlisted - - ACUITE A4+
AGGARWAL INDUSTRIES Other agricultural productsBank Facilities15.00 11-Jul-18 Unlisted ACUITE B 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