Unaccepted Ratings
(DISCLOSURE AS PER SEBI CIRCULAR SEBI/ HO/ MIRSD/ DOP2/ CIR/ P/ 2018/ 86)

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
Issuer
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 1 Oct 18 Unlisted ACUITE BB Stable ACUITE A4+
A P REFINERY PRIVATE LIMITED Vegetable oils & productsBank Facilities100.00 12 Dec 18 Unlisted ACUITE BBB- Stable -
AAA ROLLER FLOUR MILLS PRIVATE LIMITED Other agricultural productsBank Facilities23.00 11 Sep 18 Unlisted ACUITE BB Stable -
AAACORP EXIM INDIA PRIVATE LIMITED Wholesale tradingBank Facilities34.50 3 Jan 19 Unlisted ACUITE D - ACUITE D
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 -
AASTHA SPINTEX PRIVATE LIMITED Cotton & blended yarnBank Facilities77.00 16 Nov 18 Unlisted ACUITE BB- Stable -
ABHI DIAGNOSTICS IMAGINGS PRIVATE LIMITED Health servicesBank Facilities20.38 11 May 18 Unlisted ACUITE D - -
ABHIBUS SERVICES INDIA PRIVATE LIMITED Online marketplacesBank Facilities15.00 13 Apr 18 Unlisted ACUITE BB- Stable -
ABN TOWER AND TRANSMISSION PRIVATE LIMITED Generators, transformers & switchgearsBLR25.00 10 Jan 19 Unlisted ACUITE BB Stable ACUITE A4+
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 1 Oct 18 Unlisted ACUITE BB+ Stable ACUITE A4+
ACME ODISHA SOLAR POWER PRIVATE LIMITED Renewable electricityBank Facilities166.00 3 Sep 18 Unlisted ACUITE A Stable -
ACME RAIPUR SOLAR POWER PRIVATE LIMITED Renewable electricityBank Facilities146.00 3 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 1 Nov 18 Unlisted ACUITE A- Stable -
ADARSH FOOD PRODUCTS PRIVATE LIMITED Other agricultural productsBank Facilities13.00 3 Dec 18 Unlisted ACUITE BB- 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 -
ADITYA THERMOPACK PRIVATE LIMITED Plastic furniture, floorings & miscellaneous itemsBank Facilities10.00 7 Jun 18 Unlisted ACUITE D - -
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
CEO