ICRA Limited Ratings assigned and not accepted Published on October 03, 2017 S.No Rated Entity Rated Rating Instrument Amount assigned Type Rating assigned (INR month crores) and year 1 Alappuzha Municipality* Issuer 0 IrB(Stable) Jan-17 Aster Structural Solutions Private [ICRA]B-(Stable)/ 2 BLR 10 Jan-17 Limited [ICRA]A4 Dolf Industries* [ICRA]BB(Stable)/ 3 BLR 11.5 Jan-17 [ICRA]A4+ Fortis Healthcare Holdings Private 4 NCD/Debt 140 [ICRA]A(Negative) Jan-17 Limited* Grotech Landscape Developers 5 BLR 2 [ICRA]BB(Stable) Jan-17 Private Limited* 6 Guruvayoor Municipality* Issuer 0 IrBB-(Stable) Jan-17 7 Kalya Constructions Private Limited BLR 6 [ICRA]B+(Stable) Jan-17 8 Kannur Municipal Corporation* Issuer 0 IrBB+(Stable) Jan-17 Karnataka Roadlines Pvt. Ltd. [ICRA]BB+(Positive)/ 9 BLR 29.5 Jan-17 [ICRA]A4+ Kay Bouvet Engineering Limited* 10 [ICRA]BB-(Stable)/ (erstwhile Kay Bouvet Engineering BLR 41 Jan-17 [ICRA]A4 Private Limited) 11 M/s. Aone Enclave BLR 10 [ICRA]B+(Stable) Jan-17 M/S.Dwarka Das Agarwal* [ICRA]BB(Stable)/ 12 BLR 6.5 Jan-17 [ICRA]A4 13 Malganga Dairy Farm BLR 2 [ICRA]BB(Stable) Jan-17 Malganga Milk And Agro Products 14 BLR 11 [ICRA]BB-(Stable) Jan-17 Private Limited Manomay Tex India Private Limited Credit 15 49 [ICRA]BB(Stable) Jan-17 Opinion Unique Structures And Towers [ICRA]BB+(Stable)/ 16 BLR 120.31 Jan-17 Limited* [ICRA]A4+ 17 Multimech Engineers* BLR 8 [ICRA]B(Stable) Feb-17 18 Navalakha Translines* BLR 25 [ICRA]BB+(Stable) Feb-17 19 Palakkad Municipality Issuer 0 IrB+(Stable) Jan-17 20 Park Health Systems Pvt. Ltd. BLR 7 [ICRA]BB-(Stable) Jan-17 21 Protac Foods International Pvt. Ltd.* BLR 22 [ICRA]B(Stable) Jan-17 Prothom Industries India Private [ICRA]BB-(Stable)/ 22 BLR 24 Jan-17 Limited* [ICRA]A4 23 R.S.Melgiri And Company* BLR 15 [ICRA]BB-(Stable) Jan-17 24 Shilpi Cable Technologies Limited* NCD/Debt 27 [ICRA]BBB+(Negative) Mar-17 Sri Jayarama Motors Pvt. Ltd.* [ICRA]BB(Stable)/ 25 BLR 12 Feb-17 [ICRA]A4 Disclaimers: Please note that unaccepted ratings are not subject to the periodic monitoring/surveillance exercise and may not be representative of the current credit quality of the rated entity. Additionally ICRA Ratings should not be treated as recommendation to buy, sell or hold the rated debt instruments. The' *' sign denotes that rating has been accepted. All accepted ratings are subject to a process of surveillance, which may warrant a revision in ratings. Please visit our website (https://www.icra.in) or contact any ICRA office for the latest information on ICRA outstanding Ratings. You may also refer to the current rating list (https://www.icra.in/Rating?RatingType=CR) published on ICRA website for further information on rated instrument. Page 1 ICRA Limited S.No Rated Entity Rated Rating Instrument Amount assigned Type Rating assigned (INR month crores) and year Teems India Towerlines Private [ICRA]BBB-(Stable)/ 26 BLR 25 Jan-17 Limited* [ICRA]A3 27 Vaman Milk Foods Pvt. Ltd. BLR 8.2 [ICRA]D Jan-17 28 Viswabharathi Educational Society BLR 40 [ICRA]D Jan-17 29 Vyshnavi Fillers Private Limited BLR 14.3 [ICRA]B+(Stable) Jan-17 30 Icewear Creation* [ICRA]B+(Stable)/ BLR 12.17 Feb-17 [ICRA]A4 31 Atharva Developers* BLR 2.5 [ICRA]D Feb-17 32 Rajrajeshwar Cotton Industries* BLR 6 [ICRA]B+(Stable) Feb-17 33 Universal Saur Urja Private Limited BLR 157 [ICRA]BBB-(Stable) Feb-17 34 Kanchan Motors BLR 8.61 [ICRA]B-(Stable) Feb-17 35 M.D.Agro Foods* BLR 5 [ICRA]B+(Stable) Feb-17 Magic Motors [ICRA]B-(Stable)/ 36 BLR 15.8 Feb-17 [ICRA]A4 37 Shaurya Motors BLR 4.95 [ICRA]B-(Stable) Feb-17 Shree Packers (Mp) Private Limited* [ICRA]BB-(Stable)/ 38 BLR 10 Feb-17 [ICRA]A4 Shriniwas Board And Paper Private [ICRA]BB-(Stable)/ 39 BLR 10 Feb-17 Limited* [ICRA]A4 Vyanktesh Plastics And Packaging [ICRA]BB-(Stable)/ 40 BLR 9.35 Feb-17 Private Limited* [ICRA]A4 41 Ellora Construction Pvt Ltd BLR 53 [ICRA]D Feb-17 42 Alm Industries Limited BLR 14 [ICRA]A3 Mar-17 43 Archna Flour Mill BLR 17 [ICRA]B(Stable) Mar-17 44 Bhilai Municipal Corporation* Issuer 0 IrBBB+(Stable) Feb-17 45 Karimnagar Municipal Corporation* Issuer 0 IrBBB(Stable) Feb-17 Khyati Foods Private Limited [ICRA]BB-(Stable)/ 46 BLR 45 Mar-17 [ICRA]A4 47 Miryalaguda Municipality* Issuer 0 IrBB(Stable) Feb-17 Neel Metal Products Limited* [ICRA]A+(Stable)/ 48 BLR 100 Feb-17 [ICRA]A1 49 Neel Metal Products Limited* CP/CD/ STD 50 [ICRA]A1 Feb-17 50 Raipur Municipal Corporation* Issuer 0 IrBBB+(Stable) Feb-17 51 Siddipet Municipality* Issuer 0 IrBB(Stable) Feb-17 52 Suryapet Municipality* Issuer 0 IrBB(Stable) Feb-17 Nexgensolution Technologies 53 BLR 20.00 [ICRA]BB+(Stable) Mar-17 Private Limited Skipperseil Limited* [ICRA]BB+(Stable)/ 54 BLR 240 Feb-17 [ICRA]A4+ Disclaimers: Please note that unaccepted ratings are not subject to the periodic monitoring/surveillance exercise and may not be representative of the current credit quality of the rated entity. Additionally ICRA Ratings should not be treated as recommendation to buy, sell or hold the rated debt instruments. The' *' sign denotes that rating has been accepted. All accepted ratings are subject to a process of surveillance, which may warrant a revision in ratings. Please visit our website (https://www.icra.in) or contact any ICRA office for the latest information on ICRA outstanding Ratings. You may also refer to the current rating list (https://www.icra.in/Rating?RatingType=CR) published on ICRA website for further information on rated instrument. Page 2 ICRA Limited S.No Rated Entity Rated Rating Instrument Amount assigned Type Rating assigned (INR month crores) and year 55 Smile Microfinance Limited* NCD/Debt 15 [ICRA]BBB-(Stable) Mar-17 56 Mep Tormato Ltd. BLR 50 [ICRA]BB+(SO)(Stable) Feb-17 57 A P Goyal Shimla University BLR 47 [ICRA]B(Stable) Mar-17 58 Balaji Solutions Private Limited BLR 17 [ICRA]BB+(Stable) Mar-17 Bangalore Surgicals* [ICRA]BBB+(Stable)/ 59 BLR 8 Mar-17 [ICRA]A2 60 Dg Mining Private Limited BLR 23 [ICRA]B(Stable) Mar-17 61 Gudivada Municipality Issuer 0 IrBB(Stable) Mar-17 Investors Clinic Infratech Private 62 BLR 20 [ICRA]BB-(Stable) Mar-17 Limited 63 Kavali Municipality* Issuer 0 IrBB(Stable) Mar-17 64 Machilipatnam Municipality* Issuer 0 IrBB+(Stable) Mar-17 Muthoot Housing Finance Company 65 BLR 50 [ICRA]BBB+(Stable) Mar-17 Limited Perumal Spinning Mills Private [ICRA]B+(Stable)/ 66 BLR 7 Mar-17 Limited* [ICRA]A4 Rimtex Engineering Private Limited [ICRA]B(Stable)/ 67 BLR 15 Mar-17 [ICRA]A4 Rimtex Industries [ICRA]BB(Stable)/ 68 BLR 15 Mar-17 [ICRA]A4+ Rpl Projects Limited [ICRA]B(Stable)/ 69 BLR 46.02 Mar-17 [ICRA]A4 70 Sri Kalahasthi Municipality Issuer 0 IrBB-(Stable) Mar-17 71 Tenali Municipality* Issuer 0 IrBB+(Stable) Mar-17 Value Point Systems Private Limited [ICRA]BB+(Stable)/ 72 BLR 26 Mar-17 [ICRA]A4 73 S.P.R.L. Foods Limited* BLR 32 [ICRA]B+(Stable) Mar-17 Aarvee Cold Chain Logistics Private 74 BLR 12 [ICRA]BB(Stable) Mar-17 Limited 75 Bodhgaya Nagar Panchayat* Issuer 0 IrB+(Stable) Mar-17 76 Buxar Municipal Council Issuer 0 IrB+(Stable) Mar-17 77 Coldman Logistics Private Limited BLR 10 [ICRA]BB(Stable) Mar-17 78 Coldman Logistics Private Limited BLR 56.84 [ICRA]BB(Stable) May-17 Danapur Nizamat Municipal 79 Issuer 0 IrBB-(Stable) Mar-17 Council* 80 Darbhanga Municipal Corporation* Issuer 0 IrBB(Stable) Mar-17 Dindigul City Municipal 81 Issuer 0 IrBB-(Stable) Apr-17 Corporation* Enpro Industries Pvt Ltd Credit [ICRA]BBB(Stable)/ 82 0 Apr-17 Opinion [ICRA]A3+ 83 Hi Life Ventures Private Limited BLR 50 [ICRA]B+(Stable) Mar-17 Disclaimers: Please note that unaccepted ratings are not subject to the periodic monitoring/surveillance exercise and may not be representative of the current credit quality of the rated entity. Additionally ICRA Ratings should not be treated as recommendation to buy, sell or hold the rated debt instruments. The' *' sign denotes that rating has been accepted. All accepted ratings are subject to a process of surveillance, which may warrant a revision in ratings. Please visit our website (https://www.icra.in) or contact any ICRA office for the latest information on ICRA outstanding Ratings. You may also refer to the current rating list (https://www.icra.in/Rating?RatingType=CR) published on ICRA website for further information on rated instrument. Page 3 ICRA Limited S.No Rated Entity Rated Rating Instrument Amount assigned Type Rating assigned (INR month crores) and year 84 Katihar Municipal Corporation Issuer 0 IrB+(Stable) Mar-17 Madurai City Municipal Corporation 85 Issuer 0 IrA-(Stable) Apr-17 Tn* Muzaffarpur Municipal 86 Issuer 0 IrBB(Stable) Mar-17 Corporation* Nandyala Satyanarayana* [ICRA]BB-(Stable)/ 87 BLR 70 Mar-17 [ICRA]A4 88 Patni Builders Pvt. Ltd. BLR 9 [ICRA]D Mar-17 89 Purnea Municipal Corporation Issuer 0 IrBB(Stable) Mar-17 Rajamahendravaram Municipal 90 Issuer 0 IrBBB(Stable) Mar-17 Corporation 91 Rajapalayam Minicipality* Issuer 0 IrBB+(Stable) Apr-17 92 Rameswaram Municipality* Issuer 0 IrBB-(Stable) Apr-17 93 Sona Beverages Private Limited BLR 10 [ICRA]B-(Stable) Mar-17 94 Sri Kalahasthi Municipality Issuer 0 IrBB-(Stable) Mar-17 95 Srikakulam Municipal Corporation Issuer 0 IrBB+(Stable) Mar-17 Thoothukudi City Municipal 96 Issuer 0 IrBBB-(Stable) Apr-17 Corporation* Tiruchirapalli City Municipal 97 Issuer 0 IrBBB+(Stable) Apr-17 Corporation* 98 Vizianagaram Municipality* Issuer 0 IrBBB(Stable) Mar-17 Itco Industries Limited [ICRA]BB+(Stable)/ 99 BLR 12.33 Mar-17 [ICRA]A4+ Bagadiya Brothers Private Limited [ICRA]B+(Stable)/ 100 BLR 453 Mar-17 [ICRA]A4 Century 21 Town Planners Private 101 BLR 101 [ICRA]BB-(Stable) Mar-17 Limited Krishna Vanijya Private Limited [ICRA]BB-(Stable) 102 BLR 21 Mar-17 /[ICRA]A4 New Delhi Tyre House [ICRA]BB+(Stable)/ 103 BLR 10 Apr-17 [ICRA]A4+ Prism Enterprises Pvt.