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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
Suprajit Engineering Limited
Fund Based – Working Capital Facilities 267.65 December 15, 2022 [ICRA]AA (Stable) Review process is underway Rationale
JBM Ogihara Die Tech Private Limited
Fund Based Limit 6.5 December 07, 2022 [ICRA]BBB- (Stable) / [ICRA]A3 Review process is underway Rationale
Term Loans 13.3 [ICRA]BBB- (Stable)
Unallocated 0.65 [ICRA]BBB- (Stable) / [ICRA]A3
Subam Papers Private Limited
Fund Based Cash Credit 50.0 December 29, 2022 [ICRA]A- (Stable) Review Process is underway Rationale
Term Loan 33.2 [ICRA]A- (Stable)
Long-term Unallocated 0.25 [ICRA]A- (Stable)
Hyderabad Metropolitan Development Authority
Long-term Fund-based –Proposed 2000.0 December 21, 2022 [ICRA]BBB (Stable) Issuer not cooperating Rationale
Klassic Wheels Limited
Term Loan 135.1 December 28, 2022 [ICRA]BBB+ (Stable) Review Process is underway Rationale
Cash Credit 28.8 [ICRA]BBB+ (Stable)
Short Term – Non Fund Based 10.0 [ICRA]A2
Incap Contract Manufacturing Services Private Limited
Cash Credit 5.0 December 26, 2022 [ICRA]BBB+ (Stable) Review process is underway Rationale
Short Term–Fund Based 38.0 [ICRA]A2
Fund based- Term Loan 3.45 [ICRA]BBB+ (Stable)
Non-Fund Based Letter of Credit 5.0 [ICRA]A2
Non-Fund based – Forward Cover 1.55 [ICRA]A2
The Scottish Assam (India) Limited
Cash Credit 5.25 June 13, 2023 [ICRA]BBB+ (Stable) Review process is underway Rationale
Long-term – Unallocated limits 5.25 [ICRA]BBB+ (Stable)
Stumpp Schuele & Somappa Private Limited
Term Loan 75.0 December 29, 2022 [ICRA]BBB- (Stable) Review process is underway Rationale
UMSL Limited (erstwhile Utkal Manufacturing & Services Limited)
Fund-based Working Capital Facilities 110.0 December 13, 2022 [ICRA]BBB+ (Positive) Issuer not cooperating Rationale
Short-term Non Fund-based Limits 273.0 [ICRA]A2
Term Loan 36.6 [ICRA]BBB+ (Positive)
Unallocated 172.0 [ICRA]BBB+ (Positive) / [ICRA]A2
Windlas Biotech Limited
Term Loans 0.80 November 30, 2022 [ICRA]A+ (Stable) Review Process is underway Rationale
Cash Credit 67.4 [ICRA]A+ (Stable)
Short-term fund-based 10.0 [ICRA]A1
Short-term non-fund based 2.0 [ICRA]A1
Unallocated Limits 4.75 [ICRA]A+ (Stable) / [ICRA]A1
Alembic Limited
Long-term – Fund-based 3.0 February 23, 2023 [ICRA]AA- (Stable) Review Process underway Rationale
Long-term, Fund-based / Non-fund Based Facilities 25.5 [ICRA]AA- (Stable)
Fund based/Non Fund based 10.0 [ICRA]AA- (Stable) / [ICRA]A1+
Kl Hi-Tech Secure Print Limited
Cash Credit 25.0 February 03, 2023 [ICRA]BBB (Stable) Review is underway Rationale
Long Term/Short Term Non Fund Based 25.0 [ICRA]BBB (Stable) / [ICRA]A3+
Term Loan 12.0 [ICRA]BBB (Stable)
Zillion Infraprojects Private Limited (Formerly known as Durha Constructions Private Limited)
Fund-based facilities 80.0 November 30, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Non fund based facilities 250.0 [ICRA]DISSUER NOT COOPERATING
Shivshakti RealHome Private Limited
Fund-based-limits 0.10 November 30, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Unallocated 44.85 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Saj Jewellery Private Limited
Unallocated 6.0 November 30, 2022 [ICRA]A4ISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Fund Based Cash Credit 10.5 [ICRA]A4ISSUER NOT COOPERATING
Sarbamangala Agro Products Pvt Ltd
Term Loan 1.9 November 30, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Cash Credit 3.8 [ICRA]DISSUER NOT COOPERATING
Fund based- Untied Limits 0.10 [ICRA]DISSUER NOT COOPERATING
Non fund based 0.15 [ICRA]DISSUER NOT COOPERATING
Steel & Metals
Cash Credit 5.5 November 30, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Non fund based Limit – LC/LG 0.90 [ICRA]A4ISSUER NOT COOPERATING
Unallocated Limits 4.60 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Boxco Logistics India Private Limited
Short term – Non-fund based facilities 14.0 November 30, 2022 [ICRA]A4+ Issuer delayed in giving information Rationale
Unallocated 8.7 [ICRA]A4+
Kohinoor Speciality Foods India Private Limited
Fund based working capital limit 225.0 November 30, 2022 [ICRA]BB+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Asa Bhanu Technical Services Limited
Long-Term fund based limits 8.0 November 29, 2022 [ICRA]BB (Stable) Issuer delayed in giving information Rationale
Short term – Non-Fund based limits 17.0 [ICRA]A4+
RSG Developers Private Limited
Cash Credit 5.5 November 29, 2022 [ICRA]BISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Term Loan 2.0 [ICRA]BISSUER NOT COOPERATING (Stable)
Shriniwas Board & Paper Private Limited
Cash Credit 5.0 November 25, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Long Term/Short Term Non Fund Based 2.0 [ICRA]B+ISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Term Loan 3.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
bank facilities 10.0 [ICRA]BB- (Stable) / [ICRA]A4
Bhalla Chemical Works Pvt. Ltd.
Cash Credit 4.4 November 25, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Non-Fund Based Limits 5.6 [ICRA]A4ISSUER NOT COOPERATING
Sasidhar Poultries Private Limited
Cash Credit 5.0 November 25, 2022 [ICRA]C+ISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Term Loan 6.3 [ICRA]C+ISSUER NOT COOPERATING
Unallocated Limits 3.65 [ICRA]C+ISSUER NOT COOPERATING
Shankar Parvati Industries
Term Loan 0.60 November 25, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Cash Credit 7.0 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Unallocated Limits 0.65 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Shantha Trust
Term Loan 7.0 November 25, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Cash Credit 1.0 [ICRA]DISSUER NOT COOPERATING
Shree Ram Rayon - Surat
Term Loans 5.4 November 25, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Cash Credit 2.75 [ICRA]DISSUER NOT COOPERATING
Seasonal Cash Credit 1.5 [ICRA]DISSUER NOT COOPERATING
Proposed Cash Credit 0.20 [ICRA]DISSUER NOT COOPERATING
Everest Sea Foods Exports Pvt Ltd
Long-Term Fund based/CC 7.0 November 23, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Long-term - Fund-based TL 1.60 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Long Term - Unallocated 1.25 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Short Term- Non-fund Based 0.15 [ICRA]A4ISSUER NOT COOPERATING
KRN Alloys Private Limited
Long-Term Fund based/Cash Credit 3.0 November 23, 2022 [ICRA]B-ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
LT-Unallocated 2.75 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Long-term Fund-based/Term Loan 5.3 [ICRA]B-ISSUER NOT COOPERATING (Stable)
Madhuvan Cotton Private Limited
Cash Credit 7.5 November 23, 2022 [ICRA]BISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Mahi Corporation Pvt. Ltd.
Term Loan 1.45 November 23, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Cash Credit 5.0 [ICRA]DISSUER NOT COOPERATING
Sagar Foods
Foreign Documentary Bill Purchase 6.0 November 23, 2022 [ICRA]A4ISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Packing credit 8.0 [ICRA]A4ISSUER NOT COOPERATING
Unallocated Limits 1.35 [ICRA]BISSUER NOT COOPERATING (Stable) / [ICRA]A4ISSUER NOT COOPERATING
Sanchem Fabrics Limited
Cash Credit 4.0 November 23, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Term Loan 7.7 [ICRA]B+ISSUER NOT COOPERATING (Stable)
Bank Guarantee 0.30 [ICRA]A4ISSUER NOT COOPERATING
Shree Khodal Cot-gin Pvt. Ltd.
Cash Credit 6.5 November 23, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Term Loan 1.85 [ICRA]DISSUER NOT COOPERATING
Varadharaja Foods Private Limited
Term Loan 0.25 November 18, 2022 [ICRA]DISSUER NOT COOPERATING ISSUER NOT COOPERATING Rationale
Fund-based-limits 7.0 [ICRA]DISSUER NOT COOPERATING
Unallocated Limits 7.7 [ICRA]DISSUER NOT COOPERATING / [ICRA]DISSUER NOT COOPERATING
Raj Agro
Term Loan 2.10 November 17, 2022 [ICRA]BISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Fund Based Cash Credit 3.75 [ICRA]BISSUER NOT COOPERATING (Stable)
GVS Projects Private Limited
Cash Credit 5.75 November 04, 2022 [ICRA]BBB- (Stable) Review is underway Rationale
Unallocated 0.5 [ICRA]BBB- (Stable)
Non-fund Based 73.75 [ICRA]BBB- (Stable)
Adino Telecom Limited
Cash Credit 4.0 November 02, 2022 [ICRA]B+ISSUER NOT COOPERATING (Stable) ISSUER NOT COOPERATING Rationale
Non fund based 1.0 [ICRA]A4ISSUER NOT COOPERATING