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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
Subadra Textile Private Limited
Unallocated Limits 1.5 April 13, 2022 [ICRA]DISSUER NOT COOPERATING / [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Tata Hitachi construction Machinery Company Private Limited
Fund based/ non- fund based (inter-changeable) facilities 900.0 April 07, 2022 [ICRA]AA (Stable) / [ICRA]A1+ Review process is underway Rationale
Sanghi Jewellers Private Limited
Cash Credit 62.5 April 06, 2022 [ICRA]BBB- (Stable) Review Process is Underway Rationale
Unallocated Limits 1.5 [ICRA]BBB- (Stable)
Preet Tractors Private Limited
Cash Credit 50.0 April 04, 2022 [ICRA]A (Stable) Review Process is underway Rationale
Non-fund based Working Capital Facilities 9.0 [ICRA]A1
Term Loan 35.0 [ICRA]A (Stable)
Preet Agro Industries Private Limited
Cash Credit 35.0 April 04, 2022 [ICRA]A (Stable) Review Process is underway Rationale
Non-fund based Working Capital Facilities 10.0 [ICRA]A1
Siddipet Municipality
Issuer rating 0.0 April 22, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
IMI Abrasives (P) Ltd.
Fund Based Limit 7.2 April 21, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Untied Limits 2.8 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Real Granito Pvt. Ltd.
Cash Credit 12.0 April 07, 2022 [ICRA]B+ (Stable) Work in Progress Rationale
Letter of Credit / Bank Guarantee 2.0 [ICRA]A4
Term Loan 3.85 [ICRA]B+ (Stable)
Agni Steels Private Limited
Working capital facilities 85.0 April 25, 2022 [ICRA]A- (Stable) Review Process is underway Rationale
Term Loan 56.35 [ICRA]A- (Stable)
Bills Discounting 5.0 [ICRA]A2+
Adroit Structural Engineers Pvt. Ltd.
Term Loan 19.0 April 07, 2022 [ICRA]BB+ (Stable) Issuer Not Cooperating Rationale
Overdraft 11.0 [ICRA]BB+ (Stable)
Bank Guarantee 20.0 [ICRA]A4+
Neel Metal Products Limited
Term Loans 165.65 April 04, 2022 [ICRA]A- (Stable) Review process is underway Rationale
Long-term / short term- non fund based facilities 279.0 [ICRA]A- (Stable) / [ICRA]A2+
Long-term/Short-term fund-based facilities 571.95 [ICRA]A- (Stable) / [ICRA]A2+
Long-term Non-fund Based Facilities 252.0 [ICRA]A- (Stable)
Clair Engineers Private Limited
Cash Credit 15.0 April 01, 2022 [ICRA]BB+ (Stable) Issuer not Cooperating Rationale
Bank Guarantee 17.0 [ICRA]BB+ (Stable)
Letter of Credit 5.0 [ICRA]A4+
Darpan Infrastructure Private Limited
Term Loan 0.35 April 01, 2022 [ICRA]BB- (Stable) Issuer Not Cooperating Rationale
Cash Credit 7.0 [ICRA]BB- (Stable)
Bank Guarantee 2.25 [ICRA]A4
Fund-based Working Capital Term Loan 2.15 [ICRA]BB- (Stable)
Unallocated limits 0.0 [ICRA]BB- (Stable) / [ICRA]A4
IGT Solutions Pvt. Ltd.
Fund Based/ Non-fund Based – Unallocated Limits 30.0 April 14, 2022 [ICRA]A- (Stable) Review process is underway Rationale
Karunya Educational and Research Trust
Term Loan 25.0 April 29, 2022 [ICRA]A-@ Review Process is underway Rationale
Unallocated 5.0 [ICRA]A-@
Ashoka Karadi Banwara Road Private Limited
Term Loan 385.0 April 19, 2022 [ICRA]A- (Stable) Work in Progress Rationale
Sahrudaya Health Care Pvt. Ltd
Short-term Fund-based Overdraft Facility 120.0 April 18, 2022 [ICRA]A3+ Issuer delayed in giving information Rationale
LT-Unallocated 30.0 [ICRA]BBB (Stable)
Sri Jayarama Automotives Private Limited
Non-Fund Based Limits 4.0 April 04, 2022 [ICRA]A4 Issuer delayed in giving information Rationale
Cash Credit 21.0 [ICRA]BB (Stable)
Sri Jayarama Motors Private Limited
Cash Credit 10.0 April 04, 2022 [ICRA]BB (Stable) Issuer delayed in giving information Rationale
Unallocated Limits 2.0 [ICRA]BB (Stable) / [ICRA]A4
Pride Hotels Limited
Term Loan 118.35 April 29, 2022 [ICRA]BB- (Stable) Review process is underway Rationale
Fund-based Limits 16.0 [ICRA]BB- (Stable)
Non Fund Based Limits 1.0 [ICRA]A4
Long Term – Unallocated 16.15 [ICRA]BB- (Stable)
Dairy Tales Namdhari Pvt Ltd
Cash Credit 7.0 April 29, 2022 [ICRA]B (Stable) Issuer delayed in giving information Rationale
Unallocated 1.5 [ICRA]B (Stable)
Term Loan 16.45 [ICRA]B (Stable)
Srinivasa Farms Private Limited
Cash Credit 65.6 April 22, 2022 [ICRA]BB+ (Stable) Review process is underway Rationale
Term Loan 12.8 [ICRA]BB+ (Stable)
Unallocated Limits 21.55 [ICRA]BB+ (Stable) / [ICRA]A4+
SH Food Processing Private Limited
Term Loan 7.5 April 22, 2022 [ICRA]BB+ (Stable) Review process is underway Rationale
Long term: Unallocated 2.5 [ICRA]BB+ (Stable)
GMM Pfaudler Limited
Term Loan 111.0 August 16, 2022 [ICRA]AA- (Stable) Review process is underway Rationale
Fund Based Cash Credit 85.0 [ICRA]AA- (Stable)
Non-fund Based – Working Capital Facilities 104.0 [ICRA]A1+
Veto Switchgears and Cables Limited
Short-term Non-fund Based – Working Capital Facilities 5.0 March 28, 2022 [ICRA]A2 Issuer delayed in giving information Rationale
Cash Credit 40.0 [ICRA]BBB+ (Stable)
Sobha Limited
Term Loan 2399.4 March 24, 2022 [ICRA]A+ (Stable) Review process is underway Rationale
Fund based - Working Capital Facilities 1079.9 [ICRA]A+ (Stable)
Non-fund Based 693.6 [ICRA]A+ (Stable)
Bhartiya Urban Private Limited
Term Loan 1368.45 March 18, 2022 [ICRA]BBB (Stable) Review process is underway Rationale
Kitex Garments Limited
Fund-based Working Capital Facilities 182.0 March 31, 2023 [ICRA]A1 Review process is underway Rationale
Non-fund Based – Working Capital Facilities 20.0 [ICRA]A1
Unallocated 23.0 [ICRA]A+ (Stable) / [ICRA]A1
Credit Exposure Limits 18.0 [ICRA]A1
P.S.R. Granites Pvt. Ltd.
Cash Credit 0.25 March 31, 2022 [ICRA]B+ (Stable) Review process is underway Rationale
Short term fund-based 9.25 [ICRA]A4
Unallocated Limits 0.5 [ICRA]B+ (Stable) / [ICRA]A4
P.S.R. Granites
Cash Credit 0.5 March 31, 2022 [ICRA]B+ (Stable) Review process is underway Rationale
Short term fund-based 10.0 [ICRA]A4
Unallocated Limits 4.5 [ICRA]B+ (Stable) / [ICRA]A4
Chennai International Terminals Private Limited
Short Term- Non-fund Based 98.0 March 31, 2022 [ICRA]A1 Review under process Rationale
Short Term, Unallocated limits 2.0 [ICRA]A1
Seven Star Steels Limited
Cash Credit 15.0 March 31, 2022 [ICRA]BB+ (Stable) Review Process Underway Rationale
Bank Guarantee 1.0 [ICRA]A4+
Travancore Cocotuft Private Limited
Short Term –Fund Based 24.0 March 21, 2022 [ICRA]A4ISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Short Term – Non Fund Based 2.5 [ICRA]A4ISSUER NOT COOPERATING
Short Term – Unallocated 0.20 [ICRA]A4ISSUER NOT COOPERATING
Bhadra International (India) Private Limited
Term Loan 168.65 March 17, 2022 [ICRA]D Issuer is delaying in giving information Rationale
Cash Credit 26.55 [ICRA]D
Non-fund Based 38.0 [ICRA]D
Mavani Construction
Working Capital Term Loan 4.4 March 25, 2022 [ICRA]BB- (Stable) Review Under Process Rationale
Cash Credit 1.25 [ICRA]BB- (Stable)
Bank Guarantee 10.1 [ICRA]A4
Unallocated Limits 0.20 [ICRA]BB- (Stable) / [ICRA]A4
Proposed Cash Credit 0.5 [ICRA]BB- (Stable)
Angre Port Private Limited
Term Loan 53.15 March 23, 2022 [ICRA]A-(CE) (Stable) Review process is underway Rationale
Airports Authority of India
Term Loan 3100.0 March 09, 2022 [ICRA]AAA (Stable) Review process is underway Rationale
Fund based working capital facilities 215.0 [ICRA]AAA (Stable) / [ICRA]A1+
Short term fund-based - Working capital facilities 1500.0 [ICRA]A1+
Standard Retail Private Limited
Short-term non-fund based 250.0 March 03, 2022 [ICRA]A3 Review process is underway Rationale
Long Term - Interchangeable 16.0 [ICRA]BBB- (Stable)
Kolte-Patil Developers Limited
Term Loans 196.0 March 21, 2022 [ICRA]A+ (Positive) Withdrawal process is underway Rationale
Long term- Overdraft 115.0 [ICRA]A+ (Positive)
Proposed Term Loans 162.0 [ICRA]A+ (Positive)
Kolte-Patil Integrated Townships Limited
Term Loans 28.0 March 21, 2022 [ICRA]A+ (Positive) Withdrawal process is underway Rationale
Long term- Overdraft 42.0 [ICRA]A+ (Positive)