facebook twitter linkedin instagram youtube spotify
×
<
>
loading_icra
bg-rating-entity-specific

Rating Rationales

26 Mar 2025

Ansaldocaldaie GB Engineering Private Limited: Continues to remain under issuer Non-Cooperating category

Ansaldocaldaie GB Engineering Private Limited: Continues to remain under issuer Non-Cooperating category

26 Mar 2025

Arvind And Rajan Constructions: Continues to remain under issuer non-cooperating category

Arvind And Rajan Constructions: Continues to remain under issuer non-cooperating category

26 Mar 2025

ATC Foods Private Limited: Continues to remain under issuer Non-Cooperating category

ATC Foods Private Limited: Continues to remain under issuer Non-Cooperating category

26 Mar 2025

Auro Industries Limited: Continues to remain under issuer non-cooperating category

Auro Industries Limited: Continues to remain under issuer non-cooperating category

26 Mar 2025

Ayana Renewable Power Private Limited: Rating assigned for proposed NCD programme; long-term rating continues on watch with positive implications; short-term rating reaffirmed

Ayana Renewable Power Private Limited: Rating assigned for proposed NCD programme; long-term rating continues on watch with positive implications; short-term rating reaffirmed

26 Mar 2025

Chandan Textiles: Continues to remain under issuer non-cooperating category

Chandan Textiles: Continues to remain under issuer non-cooperating category

26 Mar 2025

Chennai Radha Engineering Works (P) Limited: Ratings reaffirmed; rated amount enhanced

Chennai Radha Engineering Works (P) Limited: Ratings reaffirmed; rated amount enhanced

26 Mar 2025

Chintamanis Jewellery Arcade Pvt. Ltd.: Continues to remain under issuer non-cooperating category

Chintamanis Jewellery Arcade Pvt. Ltd.: Continues to remain under issuer non-cooperating category

26 Mar 2025

Delite Cables Pvt. Ltd.: Continues to remain under issuer non-cooperating category

Delite Cables Pvt. Ltd.: Continues to remain under issuer non-cooperating category

26 Mar 2025

Devanga Sangha: Continues to remain under issuer Non-Cooperating category

Devanga Sangha: Continues to remain under issuer Non-Cooperating category


bg-rating-entity-specific

Structured Finance Rating Rationales

26 Mar 2025

Keertana Finserv Private Limited: Provisional [ICRA]A+(SO) assigned to Series A1(a) PTCs and Provisional [ICRA]A(SO) assigned to Series A1(b) PTCs backed by micro enterprise loan receivables issued by Koronis 03 2025

Keertana Finserv Private Limited: Provisional [ICRA]A+(SO) assigned to Series A1(a) PTCs and Provisional [ICRA]A(SO) assigned to Series A1(b) PTCs backed by micro enterprise loan receivables issued by Koronis 03 2025

25 Mar 2025

Cars24 Financial Services Private Limited: Ratings reaffirmed for SNs issued under used car loan securitisation transaction

Cars24 Financial Services Private Limited: Ratings reaffirmed for SNs issued under used car loan securitisation transaction

25 Mar 2025

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by used car loan receivables issued by Naman Trust PTC 2025

Piramal Capital & Housing Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by used car loan receivables issued by Naman Trust PTC 2025

25 Mar 2025

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by a pool of commercial vehicle, tractor and farm equipment loan receivables issued by Shri Trust BK 2025

Sundaram Finance Limited: Provisional [ICRA]AAA(SO) assigned to PTCs backed by a pool of commercial vehicle, tractor and farm equipment loan receivables issued by Shri Trust BK 2025

24 Mar 2025

DMI Finance Private Limited: Provisional [ICRA]AA(SO) assigned to PTC Series A1 issued by PLUM 25-8, backed by a pool of personal loan receivables

DMI Finance Private Limited: Provisional [ICRA]AA(SO) assigned to PTC Series A1 issued by PLUM 25-8, backed by a pool of personal loan receivables

24 Mar 2025

Five-Star Business Finance Limited: Ratings upgraded for PTCs issued under small business loan securitisation transactions

Five-Star Business Finance Limited: Ratings upgraded for PTCs issued under small business loan securitisation transactions

24 Mar 2025

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle loan receivables issued by Sansar March 2025 Trust

Shriram Finance Limited: Provisional ratings assigned to PTCs backed by vehicle loan receivables issued by Sansar March 2025 Trust

21 Mar 2025

Shriram Finance Limited: Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Dec 2024 IV Trust

Shriram Finance Limited: Ratings confirmed as final for PTCs backed by vehicle loan receivables issued by Sansar Dec 2024 IV Trust

20 Mar 2025

Arthan Finance Private Limited: Rating upgraded for PTCs issued under a secured MSME loans securitisation transaction

Arthan Finance Private Limited: Rating upgraded for PTCs issued under a secured MSME loans securitisation transaction

20 Mar 2025

Nido Home Finance Limited: Rating reaffirmed for ABS backed by home loan receivables issued by HL Trust 19

Nido Home Finance Limited: Rating reaffirmed for ABS backed by home loan receivables issued by HL Trust 19


Our Rating Approach & Methodologies

ICRA's Rating process starts when the issuer contacts
our business team to engage our services.

Upcoming Webinars
Presentations And Recordings
03 Apr 2025 04:00 PM

ICRA Webinar on Outlook FY2026

ICRA Webinar on Outlook FY2026
--By Mr. K Ravichandran,Ms. Aditi Nayar,Mr. Karthik Srinivasan
 8 days Left
icon-register
08 Apr 2025 04:00 PM

ICRA Webinar on the Indian Banking Sector - Regulatory easing to support credit growth in FY2026; asset quality remains monitorable

ICRA Webinar on the Indian Banking Sector - Regulatory easing to support credit growth in FY2026; asset quality remains monitorable
--By Mr Karthik Srinivasan,Mr Anil Gupta,Mr Sachin Sachdeva
 13 days Left
icon-register
View More
19 Mar 2025 04:00 PM

ICRA Webinar on Navigating the Indian Automotive Market: Trends & Forecasts

--By Mr. Shamsher Dewan,Ms. Kinjal Shah,Mr. Srikumar K
PPT
11 Mar 2025 04:00 PM

ICRA Webinar on the Data Tsunami sees surge in Data Centre Capex

--By Ms. Anupama Reddy,Mr. Abhishek Lahoti,Mr. Hemanth Vasishta
PPT
View More
bg-rating-crediet-reports

Credit Perspective Reports


View More
bg-rating-research

Research Reports


View More
banner-ask-expert
Ask Our Industry Analyst
Get in touch with our Business Representative
You can show error msg here
(*Denotes Compulsory field)

Submit