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List of issuers where there is a delay in carrying out the periodic surveillance

Entity Name Instrument Type Rated Amount
(Rs. crore)
Date of last Rationale Rating as per last Rationale Reason for delay in carrying out periodic review Latest Rationale
Parmanand and Sons Food Products Private Limited
Cash Credit 70.0 April 10, 2023 [ICRA]BBB- (Stable) Review process is underway Rationale
Daikin Airconditioning India Private Limited
Unallocated 100.0 April 06, 2023 [ICRA]AAA (Stable) Review Process Underway Rationale
Issuer rating 0.01 [ICRA]AAA (Stable)
Marelli Motherson Auto Suspension Parts Private Limited
Long-term Unallocated 6.1 April 27, 2023 [ICRA]A- (Stable) Review process is underway Rationale
Fund Based/Non-Fund Based Facilities 15.0 [ICRA]A- (Stable) / [ICRA]A2+
M. Pallonji & Company Private Limited
Fund-based-limits 17.0 April 25, 2023 [ICRA]A+ (Stable) Review process is underway Rationale
Non-Fund Based Limits 25.0 [ICRA]A1+
Mathapathi Constructions Private Limited
Term Loan 75.0 April 21, 2023 [ICRA]BB- (Stable) Review process is underway Rationale
Triveni Turbine Limited
Fund-based - Working Capital Facilities 129.5 April 14, 2023 [ICRA]AA+ (Stable) Review process is underway Rationale
Non-fund Based-Working Capital Facilities 495.0 [ICRA]A1+
DMD Developers Private Limited
Term Loan 90.0 April 11, 2023 [ICRA]BB- (Stable) Issuer not cooperating Rationale
Susee Trucks Private Limited
Cash Credit 6.0 April 06, 2023 [ICRA]B (Stable) Review process is underway Rationale
Urbanscape Properties LLP
Issuer rating 0.00 April 05, 2023 [ICRA]BB+ (Stable) Issuer not cooperating Rationale
DS Drinks and Beverages Pvt. Ltd.
Cash Credit 10.0 April 28, 2023 [ICRA]BB+ (Stable) Issuer delayed in giving information Rationale
Term Loan 36.22 [ICRA]BB+ (Stable)
Unallocated Limits 13.78 [ICRA]BB+ (Stable) / [ICRA]A4+
AISECT Limited
Fund Based Cash Credit 2.0 April 25, 2023 [ICRA]BBB- (Stable) Review process is underway Rationale
Fund based – Dropline Overdraft 13.89 [ICRA]BBB- (Stable)
Term Loan 19.61 [ICRA]BBB- (Stable)
Bank Guarantee 20.0 [ICRA]A3
Shodhana Laboratories Private Limited
Unallocated 10.45 April 10, 2023 [ICRA]A (Stable) / [ICRA]A2+ Review Process underway Rationale
Karnataka Co-operative Milk Producer's Federation Limited
Cash Credit 70.0 April 10, 2023 [ICRA]A+ (Stable) Issuer delayed in giving information Rationale
Unallocated Limits 30.0 [ICRA]A+ (Stable) / [ICRA]A1+
Sandfits Foundries Private Limited
Term Loan 20.8 April 10, 2023 [ICRA]A (Stable) Review under process Rationale
Non-Fund Based Limits 1.5 [ICRA]A2+
Cash Credit 30.0 [ICRA]A (Stable)
Short Term - Fund Based 15.0 [ICRA]A2+
Long Term / Short Term - Unallocated 2.7 [ICRA]A (Stable) / [ICRA]A2+
Om Construction Companies India Private Limited (formerly known as Om Construction Company)
Cash Credit 7.0 April 03, 2023 [ICRA]B+ (Stable) Issuer delayed in giving information Rationale
Short-term – Non-fund based 42.0 [ICRA]A4
Term Loan 1.0 [ICRA]B+ (Stable)
VSK City Bus Operations Pvt Ltd
Term Loans 58.56 April 26, 2023 [ICRA]A- (Stable) Review process underway Rationale
Letter of Comfort 78.75 [ICRA]A- (Stable)
Long-term/ Short-term - Unallocated Limits 12.77 [ICRA]A- (Stable) / [ICRA]A2+
Shyama Shyam P1 City Bus Operations Pvt Ltd
Term Loans 57.79 April 26, 2023 [ICRA]A- (Stable) Review process underway Rationale
Letter of Comfort 78.75 [ICRA]A- (Stable)
Long Term / Short Term- Unallocated limits 13.08 [ICRA]A- (Stable) / [ICRA]A2+
Fitwel Tools And Forgings Pvt. Ltd.
Fund-based working capital 29.5 April 24, 2023 [ICRA]A- (Stable) Issuer delayed in giving information Rationale
Term Loan 28.12 [ICRA]A- (Stable)
Short Term – Non-Fund Based 6.0 [ICRA]A2+
Virtuoso Optoelectronics Limited
Fund Based Cash Credit 53.0 April 18, 2023 [ICRA]BB+ (Stable) Review process is underway Rationale
Term Loan 56.22 [ICRA]BB+ (Stable)
Unallocated 0.78 [ICRA]BB+ (Stable)
Farida Shoes Private Limited
Term Loan 8.08 April 06, 2023 [ICRA]BBB- (Stable) Review Process is underway Rationale
Fund Based 130.0 [ICRA]A3
Non fund based 5.0 [ICRA]A3
Chemco Plastic Industries Pvt. Ltd.
Issuer rating 0.00 April 05, 2023 [ICRA]A+ (Stable) Review process is underway Rationale
Cash Credit 98.0 [ICRA]A+ (Stable)
Term Loan 119.9 [ICRA]A+ (Stable)
Short Term-Non-Fund Based 14.5 [ICRA]A1
Fund Based 50.0 [ICRA]A+ (Stable)
Gopalan Enterprises (India) Pvt. Ltd
Term Loan 298.9 April 04, 2023 [ICRA]A- (Stable) Review process is underway Rationale
Deepak Industries Limited
Non-fund based – Bank Guarantee/ Letter of Credit/ Forward Cover 24.75 June 10, 2024 [ICRA]A1+ Review process is underway Rationale
Fund based - Term Loans 4.0 [ICRA]AA (Stable)
Fund-based - Working Capital Facilities 93.0 [ICRA]AA (Stable)
Fund based – Standby Line of Credit 2.0 [ICRA]A1+
Unallocated Limit 11.07 [ICRA]AA (Stable) / [ICRA]A1+
M.G.M Springs Private Limited
Cash Credit 5.2 April 18, 2023 [ICRA]BBB (Stable) Review process is underway Rationale
Unallocated 1.55 [ICRA]BBB (Stable)
Non fund based 3.25 [ICRA]A3+
Stumpp Schuele & Somappa Springs Private Limited
Cash Credit 65.5 April 18, 2023 [ICRA]BBB (Stable) Review process is underway Rationale
Term Loans 42.09 [ICRA]BBB (Stable)
Non-fund-based limit (LC/BG) 60.5 [ICRA]A3+
Unallocated 2.91 [ICRA]BBB (Stable)
Stumpp Schuele And Somappa Auto Suspension Systems Private Limited
Fund Based Cash Credit 12.0 April 18, 2023 [ICRA]BBB (Stable) Review process is underway Rationale
Non fund based 13.0 [ICRA]A3+
Term Loan 3.0 [ICRA]BBB (Stable)
Oriental Rubber Industries Pvt. Ltd.
Term Loan 30.0 April 24, 2023 [ICRA]BBB+ (Stable) Review process is underway Rationale
Fund based/Non Fund based 379.5 [ICRA]BBB+ (Stable) / [ICRA]A2
Rama Cylinders Private Limited
Fund Based Cash Credit 23.75 April 18, 2023 [ICRA]A (Stable) Review process is underway Rationale
Non fund based 150.0 [ICRA]A2+
Veer O Metals Private Limited
Fund Based Cash Credit 60.0 April 10, 2023 [ICRA]BBB+ (Stable) Review process is underway Rationale
Term Loans 65.51 [ICRA]BBB+ (Stable)
Short-term: Non Fund based 21.65 [ICRA]A2
Long-term/short-term unallocated 3.21 [ICRA]BBB+ (Stable) / [ICRA]A2
Classic Stripes Private Limited
Term Loan 115.0 April 06, 2023 [ICRA]A (Stable) Review process is underway Rationale
Fund based/Non Fund based 22.0 [ICRA]A (Stable) / [ICRA]A2+
Unallocated 44.0 [ICRA]A (Stable) / [ICRA]A2+