Annexure II Rating Movement between April 2015 to September 2015 Long Term Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 1 Aarti Infra Projects Private Limited CARE B+ CARE D 2 Aasra Foundations CARE BB CARE D 3 Adani Wilmar Limited CARE BBB+ CARE A- 4 Aditya Polymers and Chemicals (India) Private Limited CARE BB CARE D 5 Agarwal Education And Research Society CARE B CARE B+ 6 Aggarwal Rice Mills CARE B CARE B+ 7 Agrawal Channel Mills Private Limited CARE BB- CARE BB 8 Agri Gold Foods and Farm Products Limited CARE BB- CARE D 9 Agson Global Private Limited CARE BBB- CARE BBB 10 Ahluwalia Contracts India Limited CARE BBB+ CARE A- 11 Ahmedabad Ring Road Infrastructure Limited CARE A CARE A+ 12 Ahmednagar Forgings Limited CARE AA- CARE A+ 13 Aircel Cellular Limited CARE BBB+ (SO) CARE A- (SO) 14 Aircel Limited CARE BBB+ (SO) CARE A- (SO) 15 Aircel Smart Money Limited CARE BBB+ (SO) CARE A- (SO) 16 Ajanta Pharma Limited CARE AA- CARE AA 17 Alaknanda Hydro Power Company Limited CARE BBB- CARE D 18 Alfa Flexitubes Private Limited CARE BB- CARE BB 19 Allcargo Logistics Park Private Limited (ICD Dadri) CARE AA- (SO) CARE AA (SO) 20 Allcargo Logistics Park Private Limited (ICD Dadri) Provisional CARE AA- (SO) Provisional CARE AA (SO) 21 Alpha Design Technologies Private Limited CARE BB+ CARE BBB- 22 Amba River Coke Limited CARE A CARE AA 23 Amines and Plasticizers Limited CARE BB+ CARE BBB- 24 Amrapali Leisure Valley Developers Private Limited CARE BB- CARE D 25 Amrapali Smart City Developers Private Limited CARE BB- CARE D 26 Amtek Auto Limited CARE AA CARE AA- 27 Amtek India Limited CARE AA- CARE A+ 28 Anamika Conductors Limited CARE BB CARE BB+ 29 Ananya Finance For Inclusive Growth Private Limited CARE B+ CARE BB- 30 Andhra Bank CARE AA- CARE AA 31 Andhra Bank CARE AA CARE AA+ 32 Annapurna Earcanal Limited CARE BB CARE BB- 33 Anrak Aluminium Limited CARE BB CARE D 34 Apple Hospital & Research Institute Limited CARE BB CARE BB+ 35 Appu Hotels Limited CARE B+ CARE D 36 Archean Industries Private Limited CARE B- CARE B 37 Arihant Fibres CARE B CARE B+ 38 Ariston Tiles Limited CARE BB- CARE BB 39 ARL Infratech Limited CARE BBB+ CARE A- 40 Arohan Financial Services Private Limited CARE BBB CARE BBB+ 41 ARR Srinivasan Rajeswari Charitable Trust CARE BB- CARE BB 42 ARS Energy Private Limited CARE BBB+ CARE A- 43 Artemis Medicare Services Limited CARE BBB CARE A- 44 Asaco Private Limited CARE B- CARE BB 45 Asahi India Glass Limited CARE BBB- CARE BBB 46 Ashok Leyland Limited CARE A+ CARE AA- 47 Asian Lakto Industries Limited CARE BB- CARE D 48 Asianlak Health Foods Limited CARE BB- CARE D 49 Associate Lumbers Private Limited CARE B+ CARE D 50 Athena Infrastructure Limited CARE A+ (SO) CARE AA- (SO) 51 Atishay Infotech Limited CARE BBB- CARE BBB 52 Atria Convergence Technologies Private Limited CARE BBB CARE A- 53 Avartanah Infrastructure Private Limited CARE B+ CARE BB- 54 Axiscades Engineering Technologies Limited CARE BBB- CARE BBB+ 55 B & A Limited CARE BBB CARE BBB+ 56 B. K. Polimex India Private Limited CARE BB- CARE BB 1 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 57 B.L. Lifesciences Private Limited CARE BBB CARE BBB- 58 Baba Hi-Tech Private Limited CARE B+ CARE BB- 59 Bajaj Energy Private Limited CARE A- CARE A 60 Balaji Polycot Private Limited CARE B+ CARE BB- 61 Bangalore Elevated Tollway Limited CARE BB+ CARE BBB- 62 Bareilly Highways Project Limited CARE BB- CARE B+ 63 Beam Cox Constructions Private Limited CARE B+ CARE D 64 Benara Overseas Limited CARE C CARE D 65 Best Corporation Private Limited CARE A- CARE A 66 Bhandary Foundation CARE BB- CARE BB 67 Bhawani Cable and Broadband Services CARE B+ CARE D 68 Bhilai Jaypee Cement Limited CARE BBB CARE BBB- 69 Bhilai Jaypee Cement Limited CARE BBB- CARE D 70 Bhilwara-Rajsamand Tollway Private Limited CARE BBB- CARE BBB 71 Binani Cement Limited CARE BB CARE D 72 Binani Zinc Limited CARE BB (SO) CARE D 73 Bindals Papers Mills Limited CARE C CARE D 74 Bio Med Healthcare Products Private Limited CARE BBB- CARE BBB 75 Birla Ericsson Optical Limited CARE A (SO) CARE A+ (SO) 76 Brilliant Bio Pharma Private Limited CARE B CARE BB 77 Brys Hotels Private Limited CARE B+ CARE BB- 78 BS Limited CARE BBB CARE BBB+ 79 C. P. Bagal & Company CARE B+ CARE BB- 80 Calista Properties Private Limited CARE BB CARE D 81 Capri Global Capital Limited CARE A CARE A+ 82 Captain Pipes Limited CARE BB- CARE BBB- 83 Captain Polyplast Limited CARE BB+ CARE BBB- 84 CEAT Limited CARE A+ CARE AA- 85 Celebinas Airport Services India Private Limited CARE BBB CARE BBB+ 86 Centenary Polytex Private Limited CARE B+ CARE BB- 87 Cetex Petrochemicals Limited CARE BBB- CARE BBB 88 Chakrapani Vyapar Private Limited CARE BB- CARE BB 89 Chandra Nirman Private Limited CARE BB- CARE BB 90 Chaudhary Ingots Private Limited CARE BB CARE BB- 91 CHL Limited CARE BB+ CARE BB 92 Classic Mall Development Company Private Limited CARE BBB- CARE BBB+ 93 CLS Industries Private Limited CARE D CARE B 94 Compuage Infocom Limited CARE BBB CARE BBB+ 95 Coromandel Sugars Limited CARE BBB CARE BBB- 96 Coromandel Sugars Limited CARE A (SO) @ CARE A- (SO) 97 CS Performance Chemicals Private Limited CARE BBB (SO) CARE BBB+ (SO) 98 CS Specialty Chemicals Private Limited CARE BBB CARE BBB+ 99 Cuarzo CARE BBB+ (SO) CARE A- (SO) 100 Damson Technologies Private Limited CARE B+ CARE BB- 101 Datta Agro Services Private Limited CARE D CARE B 102 Deesan Ginning and Pressing Private Limited CARE B+ CARE D 103 Dehradun Highways Projects Limited CARE BB CARE BB- 104 Delhi International Airport Private Limited CARE A- (SO) CARE AA- 105 Dev Cotton Industries CARE B+ CARE D 106 Dhanlaxmi Bank Limited CARE BB+ CARE BB 107 Dhanlaxmi Bank Limited CARE BBB- CARE BB+ 108 Dharani Sugars and Chemicals Limited CARE BB+ CARE D 109 Dharwad Bio Energy Private Limited CARE BB+ CARE BB 110 Dish TV India Limited CARE A- CARE A 111 Dishnet Wireless Limited (AIRCEL) CARE BBB+ (SO) CARE A- (SO) 112 Distribution Logistics Infrastructure Private Limited CARE D CARE BB 113 Dollar Industries Limited CARE BBB+ CARE A- 114 Durgashakti Foods Private Limited CARE B CARE BB- 2 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 115 E.P. Industrial & Agro Products Private Limited CARE BB+ CARE BB 116 Eduestate CARE BB- CARE BB 117 Effiel Infrastructure Private Limited CARE BB- CARE B 118 Elecon Engineering Company Limited CARE A CARE A- 119 Elecon EPC Projects Limited Provisional CARE A (SO) CARE A- (SO) 120 Electrosteel Steels Limited CARE B CARE D 121 Elite Infra Projects Private Limited CARE BB- CARE BB 122 EMCO Limited CARE BB+ CARE B 123 Emerging Projects Private Limited CARE B+ CARE BB 124 Empire Mall Private Limited CARE B+ CARE D 125 Enestee Engineering Limited CARE BB+ CARE BB 126 Eon Kharadi Infrastructure Private Limited CARE A CARE A+ 127 Eon Kharadi Infrastructure Private Limited CARE BBB CARE BBB+ 128 Equitas Micro Finance Private Limited - Securitization CARE A+ (SO) CARE AA (SO) 129 Ernst & Young LLP CARE AA- CARE AA+ 130 Essar Oil Limited CARE A- CARE A 131 Essar Steel India Limited CARE C CARE D 132 Essel Propack Limited CARE A CARE AA- 133 Essential Power Transmission Private Limited CARE BBB- CARE BB+ 134 Etco Industries Private Limited CARE BB- CARE D 135 Everblue Apparel Limited CARE AA- (SO) CARE AA (SO) 136 Excel Vehicles Private Limited CARE B+ CARE BB- 137 Exicom Tele-Systems Limited CARE BB+ CARE BBB- 138 Federal Mogul Goetze India Limited CARE BBB+ CARE A- 139 Financial Software & Systems Private Limited CARE BBB+ CARE A 140 Firstsource Solutions Limited CARE A- CARE A 141 Fusion Microfinance Private Limited CARE BBB- CARE BBB 142 Future Agrovet Limited CARE BBB+ (SO) CARE A- (SO) 143 G R Infraprojects Limited CARE A CARE A+ 144 Gammon Infrastructure Projects Limited CARE BBB+ CARE BBB 145 Ganesha Ecosphere Limited CARE BBB CARE BBB+ 146 Gati Kintetsu Express Private Limited CARE A CARE A+ 147 Gati Limited CARE BBB+ CARE A- 148 Gati Limited CARE BBB+ (FD) CARE A- (FD) 149 GBA Steels and Metals Private Limited CARE B CARE B+ 150 Geetanjali University CARE BB+ CARE BBB- 151 Gemini Edibles & Fats India Private Limited CARE BBB- (SO) CARE A- (SO) 152 Ghaziabad Aligarh Expressway Private Limited CARE BB+ CARE BB 153 Ghaziabad Aligarh Expressway Private Limited CARE BB CARE D 154 GMR Hyderabad International Airport Limited CARE BBB+ CARE A- 155 GMR Hyderabad Vijayawada Expressways Private Limited CARE BBB- CARE D 156 GMR Infrastructure Limited CARE BBB CARE BBB- 157 GMR Infrastructure Limited CARE BBB CARE D 158 GMR Kamalanga Energy Limited CARE BB+ CARE D 159 Godavari Plasto Containers Private Limited CARE B CARE B+ 160 Gold Plus Glass Industry Limited CARE C CARE B 161 Gopal Consumer World CARE BBB CARE BBB- 162 Gramco Infratech Private Limited CARE B- CARE B 163 Green Infra BTV Limited CARE BBB CARE BBB+ 164 Green Infra Wind Energy Theni Limited CARE BBB CARE BBB+ 165 Greenply Industries Limited CARE A CARE AA- 166 Greentech Power Private Limited CARE BBB- CARE BBB 167 Greenway Clothing CARE BB- CARE BB 168 Gujarat Industries Power Company Limited CARE A+ CARE AA- 169 Gujarat State Energy Generation Limited CARE BB CARE D 170 Guna Sheopur Pathways Private Limited CARE BBB- CARE BBB+ 171 Gupta H.C. Overseas India Private Limited CARE BBB CARE BBB+ 172 GVK Power (Goindwal Sahib) Limited CARE BBB- @ CARE BB 3 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 173 H. R. Polycoats Private Limited CARE BB+ CARE BBB- 174 Hanuman Agro Industries Limited CARE B CARE BB- 175 Harak Chandra Flour Mills Limited CARE BB- CARE BB+ 176 Hari Krishna Exports Private Limited CARE A- CARE A 177 Hari Machines Limited CARE B+ CARE D 178 Haridwar Highways Projects Limited CARE BB CARE D 179 Harita Seating Systems Limited CARE BBB CARE BBB+ 180 Harsh Polymers CARE B+ CARE BB- 181 Havells India Limited CARE AA+ (FD) CARE AAA (FD) 182 Haveri Bio Energy Private Limited CARE BB+ CARE BB 183 Hawa Valves (India) Private Limited CARE BB+ CARE BBB 184 HD Microns Limited CARE BB CARE BB- 185 Helios Mercantile Private Limited CARE BBB- (SO) CARE BBB (SO) 186 HHP Broadcasting Services Private Limited CARE BBB- (SO) CARE BBB (SO) 187 Him Alloys and Steel Private Limited CARE BB- CARE BB 188 Himalayan Heli Services Private Limited CARE BB CARE BB+ 189 Hindustan Construction Company Limited CARE C CARE D 190 Hindustan Organic Chemicals Limited CARE AAA (SO) @ CARE D 191 Hindusthan Ispat Private Limited CARE BB- CARE BB 192 HNG Float Glass Limited CARE BBB+ CARE A- 193 Honour Lab Limited CARE BBB CARE BBB+ 194 Hotel Rumani CARE D CARE B 195 Housing and Urban Development Corporation Limited CARE AA+ CARE AAA 196 Housing and Urban Development Corporation Limited CARE AA+ (FD) CARE AAA (FD) 197 Hubergroup India Private Limited CARE AA+ CARE AAA 198 Idea Cellular Limited CARE AA CARE AA+ 199 IFCI Venture Capital Funds Limited Provisional CARE A- (SO) CARE A (SO) 200 IL&FS Energy Development Company Limited CARE A- CARE A 201 IMP Powers Limited CARE BBB CARE BBB- 202 India Shelter Finance Corporation Limited CARE BBB- CARE BBB 203 India Shelter Finance Corporation Limited CARE BBB CARE BBB+ 204 Indiabulls Infraestate Limited CARE A+ (SO) CARE AA- (SO) 205 Indiabulls Real Estate Limited CARE A+ CARE AA- 206 Indian Overseas Bank CARE A+ CARE A 207 Indian Overseas Bank CARE AA CARE AA- 208 Indo Shell Mould Limited CARE BBB- CARE BB+ 209 Indo Shell Mould Limited CARE BB+ CARE D 210 Indo Shell Mould Limited CARE BBB- CARE BB+ 211 Indo Shell Mould Limited CARE BB+ CARE D 212 Indobaijin Chemicals Private Limited CARE A- (SO) CARE A (SO) 213 Indofil Industries Limited CARE A- CARE A 214 Inframat Alloys Private Limited CARE BB- CARE BB 215 Inframat Alloys Private Limited CARE BB CARE BB+ 216 Intas Lifesciences Private Limited CARE AA CARE AA+ 217 Intex Technologies (India) Limited CARE BBB+ CARE A- 218 Ishwar Raj Beverages Private Limited CARE D CARE B 219 Isinox Steels Limited CARE BBB- CARE BBB 220 IUP Jindal Metals & Alloys Limited CARE BBB CARE BBB+ 221 J J Hi Tech Foods Private Limited CARE B+ CARE BB- J.V. Gokal & Company Private Limited CARE B+ CARE BB- 223 Jai Shiv Suitings Private Limited CARE B+ CARE BB- 224 Jaiprakash Associates Limited CARE BBB- CARE BB 225 Jaiprakash Associates Limited CARE BB CARE D 226 Jaiprakash Associates Limited CARE BBB- CARE BB 227 Jaiprakash Associates Limited CARE BB CARE D 228 Jaiprakash Power Ventures Limited CARE BBB- @ CARE BB 229 Jayaram Textiles CARE B+ CARE BB- 230 Jayashree Electromech Private Limited CARE BB- CARE BB 222 4 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 231 Jaypee Infratech Limited CARE BBB+ CARE BBB- 232 Jaypee Infratech Limited CARE BBB- CARE BB 233 Jaypee Infratech Limited CARE BB CARE D 234 Jaypee Sports International Limited CARE BBB- CARE BB 235 Jaypee Sports International Limited CARE BBB- (SO) CARE BB 236 JC Biotech Private Limited CARE B+ CARE BB- 237 Jesons Industries Limited CARE BB+ CARE BBB- 238 Jindal India Thermal Power Limited CARE BBB- @ CARE BB+ 239 Jindal Stainless Steelway Limited CARE BB+ CARE BBB- 240 Jindal Steel And Power Limited CARE AA CARE A+ 241 JK Tyre and Industries Limited CARE A+ CARE AA- 242 Jodhani Brothers CARE BB+ CARE BBB- 243 Jodhpur Pali Expressway Limited CARE A (SO) CARE A+ (SO) 244 Josco Jewellers Private Limited CARE BBB- CARE BBB 245 JSW Cement Limited CARE BB+ CARE BBB 246 Jumbo Finvest (India) Limited CARE BB+ CARE BBB- 247 Juventus Estate Limited CARE A+ (SO) CARE AA- (SO) 248 JVL Agro Industries Limited CARE BBB CARE BBB+ 249 Jyoti Power Corporation Private Limited CARE B CARE D 250 K.C.P. Sugar and Industries Corporation Limited CARE A CARE A- 251 K.C.P. Sugar and Industries Corporation Limited CARE A (FD) CARE A- (FD) 252 K.G.P. Gold Palace CARE B+ CARE B 253 K.G.P. Jewellers CARE B+ CARE B 254 Kaan Fish Oil Company CARE BB- CARE B+ 255 Kalanikethan Silks Private Limited CARE BBB CARE BBB+ 256 Kamat Construction Private Limited CARE BBB- CARE BBB 257 Kapil Mohan & Associates Hydro Power Private Limited CARE BB+ CARE BB- 258 Kataria Industries Private Limited CARE BB+ @ CARE BB 259 Kataria Industries Private Limited CARE BB+ CARE BB 260 Katihar Medical College CARE BB+ @ CARE BBB 261 Keerthi Industries Limited CARE C CARE BB- 262 KEI Industries Limited CARE BBB CARE BBB+ 263 KEI Industries Limited CARE BBB (FD) CARE BBB+ (FD) 264 Keshav Forex and Travels Private Limited CARE BB CARE BB+ 265 Khushi Foods Limited CARE B+ CARE BB- 266 KIMS Super Speciality Hopital Private Limited CARE BB- CARE BB 267 Kirby Building Systems India Private Limited CARE A- CARE A 268 Kitty Industries Private Limited CARE BBB CARE BBB+ 269 Klassic Constructions Private Limited CARE BB+ CARE BB 270 Kohinoor Foods Limited CARE BBB- CARE BBB 271 Kotecha Steel Forge Private Limited CARE BB- CARE B+ 272 Kovai Medical Center and Hospital Limited CARE A- CARE A 273 Krishna Hydro Carbons Private Limited CARE BB- CARE BB 274 Krishnapatnam Oils & Fats Private Limited CARE BBB- CARE BBB 275 KSH International Private Limited CARE BBB- CARE BBB 276 KSM Spinning Mills Limited CARE BB CARE BB+ 277 Kurmi Energy Private Limited CARE BB+ CARE BB- 278 Kut Energy Private Limited CARE BB+ CARE BB- 279 L&T Vadodara Bharuch Tollway Limited CARE A- CARE A 280 L&T Western Andhra Tollway Limited CARE A CARE A+ 281 L.M. Cotex Private Limited CARE B CARE B+ 282 Lahari Laminates Private Limited CARE BB+ (SO) CARE BBB- (SO) 283 Lata Exports Apparels Private Limited CARE B CARE B+ 284 Lavasa Corporation Limited CARE C CARE D 285 Laxmi Power Cables Private Limited CARE BB CARE D 286 Leo Primecomp Private Limited CARE BB+ CARE B+ 287 Lexus Granito India Private Limited CARE D CARE B 288 Lexus Granito India Private Limited CARE B CARE BB 5 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 289 Lexus Granito India Private Limited CARE D CARE B 290 Lipi Data Systems Limited CARE BBB CARE BBB+ 291 Lokmangal Sugar Ethanol and Co-Generation Industries Limited CARE BB- CARE BB 292 Lotus Infrarealty Limited CARE D CARE B- 293 Lovely International Trust CARE BBB CARE BBB+ 294 Lucina Land Development Limited CARE A+ (SO) CARE AA- (SO) 295 M D P Enterprises CARE BB- CARE D 296 Maanaveeya Development and Finance Private Limited CARE BBB- CARE BBB 297 Magma Fincorp Limited CARE AA CARE A+ 298 Magma Fincorp Limited CARE AA- CARE A+ 299 Magma Fincorp Limited CARE AA CARE AA- 300 Mahalaxmi Vidyut Private Limited CARE BBB- CARE BBB 301 Maharastra Border CheckPost Network Limited CARE BBB- CARE BBB 302 Maithon Power Limited CARE A+ CARE AA- 303 MAK Controls and Systems Private Limited CARE BBB- CARE BBB 304 Malegaon Manmad Kopargaon Infrastructure & Toll Road Private Limited CARE BBB (SO) CARE BBB+ (SO) 305 Manba Finance Limited CARE BBB CARE BBB+ 306 Mantena Infra CARE BBB- CARE BBB 307 Maral Overseas Limited CARE BBB- CARE BBB 308 Margo Plywood Private Limited CARE D CARE B 309 Matix Fertilizers And Chemical Limited CARE BB+ CARE D 310 Maxheal Laboratories Private Limited CARE B CARE BB- 311 Mayur Ginning and Pressing Private Limited CARE B CARE B+ 312 Mecc Alte India Private Limited CARE BBB- (SO) CARE BBB (SO) 313 Meenu Paper Mills Private Limited CARE BB- CARE BB 314 Mentor Home Loans India Limited CARE BB CARE BB+ 315 Merino Industries Limited CARE A CARE A+ 316 Merino Panel Products Limited CARE A CARE A+ 317 Mittal Appliances Limited CARE BBB CARE BBB+ 318 Modern Automotives Limited CARE BB CARE BB+ 319 Modern Automotives Limited CARE BB+ CARE BBB- 320 Modern Dairies Limited CARE B CARE D 321 Mohan Spintex India Limited CARE BBB- CARE BBB 322 Monnet Ispat & Energy Limited CARE BBB- CARE B+ 323 Monnet Ispat & Energy Limited CARE B+ CARE D 324 Monsoon Palace Resort Private Limited CARE BB- CARE BB+ 325 Mukesh Steels Limited CARE BB CARE D 326 Mukesh Strips Limited CARE BB CARE B 327 Mukesh Udyog Limited CARE BB CARE D 328 Munimji & Sons CARE BB CARE BB+ 329 Mutha Engineering Private Limited CARE BB CARE B+ 330 Muthoottu Mini Financiers Limited CARE BB+ CARE BBB- 331 N. H. Matcon CARE BB- CARE D 332 N. M. Foods CARE B CARE B+ 333 Nadhi Bio Products Private Limited CARE BB- CARE BB+ 334 Nagarjuna Fertilizers and Chemicals Limited CARE BB CARE D 335 Narsingh Ispat Limited CARE BBB- CARE D 336 Narsingh Ispat Udyog Private Limited CARE BBB- (SO) CARE D 337 Nathella Sampath Jewelry Private Limited CARE BBB- CARE BBB 338 Nav Durga Fuel Private Limited CARE B CARE BB- 339 Nava Bharat Energy India Limited CARE BBB CARE BBB+ 340 Navayuga Devanahalli Tollway Private Limited CARE BB+ CARE BBB 341 Nekkanti Sea Foods Limited CARE BBB CARE BBB+ 342 Neo Capricorn Plaza Private Limited CARE BBB- (SO) CARE BB+ (SO) 343 Neutral Publishing House Limited CARE BBB CARE BBB+ 344 Nexgen Laminators Private Limited CARE BB CARE BB- 345 Nilkamal BITO Storage Systems Private Limited CARE BBB+ CARE A- 346 North Eastern Electric Power Corporation Limited CARE AA- CARE AA 6 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 347 NSL Tidong Power Generation Private Limited CARE B CARE D 348 Nutan Ispat and Power Private Limited CARE BB+ CARE BBB- 349 Nutrient Marine Foods Limited CARE BB- CARE BB 350 Olympia Tech Park (Chennai) Private Limited CARE BBB CARE BBB+ 351 Omaxe Limited CARE BBB- (FD) CARE BBB (FD) 352 Omaxe Limited CARE BBB- (FD) CARE BBB (FD) 353 OPG Power Generation Private Limited CARE A- CARE A 354 Orange Mamatkheda Wind Private Limited CARE BBB- CARE BBB 355 Orchid Chemicals & Pharmaceuticals Limited CARE C CARE B- 356 Oriental Nagpur Betul Highway Private Limited CARE BBB- CARE A 357 Oyster Printers and Publishers Private Limited CARE BB+ CARE BB 358 P & R Infraprojects Limited CARE BBB- CARE BB 359 P&C Projects Private Limited CARE BB- CARE BB 360 P.D. Agrawal Infrastructure Limited CARE BBB CARE BBB+ 361 P.M. Agro Products Private Limited CARE B CARE B+ 362 Parry Enterprises India Limited CARE BBB+ CARE A- 363 Patanjali Ayurved Limited CARE BBB- CARE BBB+ 364 Patel Bridge Nirman Private Limited CARE BBB- @ CARE A- 365 Patel Highway Management Private Limited CARE BBB (SO) CARE A- (SO) 366 Patel Infrastructure Private Limited CARE BBB CARE A- 367 PCM Cement Concrete Private Limited CARE B- CARE BB- 368 Pearl Beverages Limited CARE BB CARE BB- 369 Pearl Bottling Private Limited CARE BB CARE BB- 370 Pearl Drinks Limited CARE BB CARE BB- 371 Pebble Bay Developers Private Limited CARE BBB- (SO) CARE BB+ (Is) 372 Pengg Usha Martin Wires Private Limited CARE BBB+ CARE A- 373 Petron Engineering Construction Limited CARE B- CARE BB 374 Pioneer Power Limited CARE B+ CARE BB+ 375 Pitti Laminations Limited CARE BBB+ CARE A- 376 Platina Steels Private Limited CARE B CARE B+ 377 Platinum Textiles Limited CARE BBB- CARE BBB 378 PLG Photovoltaic Limited CARE C CARE BB+ 379 PLG Photovoltaic Limited CARE BB+ CARE BBB- 380 Pochiraju Industries Limited CARE BB CARE D 381 Popawala Chemicals Private Limited CARE B+ CARE BB- 382 Prakash Industries Limited CARE BB+ (Is) @ CARE B (Is) 383 Precision Automation and Robotics India Limited CARE BBB+ CARE A- 384 Precision Bearings Private Limited CARE B+ CARE BB 385 Precision Electronics Limited CARE B CARE BB 386 Priority Jewels Private Limited CARE BBB- CARE BBB 387 Progility Technologies Private Limited CARE AA @ CARE A+ 388 Pundrik Textile Mills Private Limited CARE BB+ CARE BBB- 389 Punj Lloyd Limited CARE BB CARE D 390 Punjab Biomass Power Limited CARE D CARE BB- 391 Punjab State Co-Operative Supply and Marketing Federation Limited CARE BBB- CARE BB 392 Pushpak Colour Roof India Private Limited CARE B+ CARE BB 393 QRG Enterprises Limited CARE A- CARE A+ 394 QRG Enterprises Limited CARE A (FD) CARE AA- (FD) 395 R Kukreja Infrastructure Private Limited CARE B CARE B+ 396 R.G. Residency Private Limited CARE BB+ (SO) CARE BB (SO) 397 R.K.I. Builders Private Limited CARE BB- CARE BB 398 Rabirun Vinimay Private Limited CARE BB+ CARE BB- 399 Rainbow Papers Limited CARE BBB- CARE BBB 400 Rajalakshmi Educational Trust CARE BB+ CARE BBB- 401 Rajasthan Drugs and Pharmaceuticals Limited CARE BBB- CARE BB 402 Rajasthan Powergen Transformer Private Limited CARE B CARE B+ 403 Rajesh Projects India Private Limited CARE BB+ CARE BB 404 Rashtriya Ispat Nigam Limited CARE AA CARE AA- 7 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 405 Rasoya Proteins Limited CARE BB @ CARE D 406 RattanIndia Nasik Power Limited CARE BBB- CARE BB 407 Raymond Limited CARE AA- CARE AA 408 RCL Paper and Packagings Limited CARE BB- CARE BB 409 Reliance Big Entertainment Private Limited CARE BBB CARE BBB- 410 Repco Home Finance Limited CARE AA- CARE AA 411 Rishi Consfab Private Limited CARE B CARE D 412 Ritnand Balved Education Foundation (Amity) CARE A+ CARE AA- 413 RKS Grand Shopping Mall CARE BB+ CARE D 414 Roha Infrastructure Developers Private Limited CARE BBB (SO) CARE BBB+ (SO) 415 Rotomag Motors and Controls Private Limited CARE BB CARE BB+ 416 Rushil Decor Limited CARE BBB- CARE BBB 417 S M Teledirect Private Limited CARE BB CARE BB- 418 S. Chand and Company Private Limited CARE A CARE A+ 419 S.P.Y. Agro Industries Limited CARE D CARE B- 420 Sabar Flex Industries CARE D CARE B 421 Sagar Samrat Seafoods CARE BB- CARE BB 422 Sahota Papers Limited CARE BBB+ CARE A- 423 Samarth Diamond CARE BB CARE BB+ 424 San & Co. CARE B+ CARE BB- 425 Sanghavi Exports International Private Limited CARE BBB CARE D 426 Sanghavi Jewel Private Limited CARE BBB- CARE BB+ 427 Sanghvi Forging & Engineering Limited CARE BB- CARE D 428 Saraf Foods Limited CARE BB+ CARE BB 429 Saraswati Trading Company CARE BB- CARE B+ 430 Sarguja Rail Corridor Private Limited CARE BBB- CARE BBB 431 Sarla Holdings Private Limited CARE BBB CARE BBB+ 432 Satguru Foundations CARE BB- CARE D 433 Saveetha Institute Of Medical & Technical Sciences CARE BBB- CARE BBB+ 434 Seam Industries Private Limited CARE BBB+ (SO) CARE A- (SO) 435 Selene Construction Limited CARE A+ (SO) CARE AA- (SO) 436 Sewri Engineering Company Private Limited CARE B CARE B+ 437 Shaily Engineering Plastics Limited CARE BBB- CARE BBB+ 438 Shakti Precision Components (India) Private Limited CARE BBB CARE BBB+ 439 Shankar Soya Concepts CARE B CARE BB+ 440 Sharp Realtors CARE D CARE B 441 Sheth and Popat Enterprise CARE B+ CARE BB- 442 Shivalay Ispat & Power Private Limited CARE BBB CARE BBB+ (SO) 443 Shivek Labs Limited CARE BB+ CARE D 444 Shree Mandvi Vibhag Sahakari Khand Udhyog Mandli Limited CARE BB- CARE BB 445 Shree Sai Organic Foods Private Limited CARE B CARE B+ 446 Shree Shubham Logistics Limited CARE BBB+ CARE A- 447 Shree Umiya Cotspin Private Limited CARE B+ CARE BB- 448 Shreeji Woodcraft Private Limited CARE BB- CARE BB 449 Shreenathji Udaipur Tollway Private Limited CARE BBB- CARE BBB 450 Shri Agrawal Educational & Welfare Society CARE BB CARE BBB- 451 Shri Anand Swaroop Educational Trust CARE BBB- CARE BB+ 452 Shri Bihariji Cold Rollers Private Limited CARE B CARE D 453 Shri Guru Gorakh Nath Rice Mill CARE B CARE B+ 454 Shri Muniveer Spinning Mills CARE BB- CARE BB 455 Sify Technologies Limited CARE A- CARE A 456 Signature Automobiles India Private Limited CARE B CARE B+ 457 Silver Jubilee Motors Limited CARE B- CARE C 458 Silver Jubilee Motors Limited CARE B- CARE D 459 Sim Diam Private Limited CARE BB CARE BB+ 460 Simplex Infrastructures Limited CARE A+ CARE A 461 Singhal Industries Private Limited CARE BB- CARE BB 462 Sintex Industries Limited CARE AA CARE AA+ 8 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 463 Sita Shree Food Products Limited CARE BBB- CARE BBB 464 Skipper Limited CARE A CARE A+ 465 Smilax Laboratories Limited CARE BB+ CARE BBB- 466 SMS Pharmaceuticals Limited CARE BBB+ CARE A- 467 SN Enviro-Tech Private Limited CARE BBB CARE BBB- 468 Soktas India Private Limited CARE BBB- CARE BB+ 469 Sonarch International Private Limited CARE B+ CARE BB 470 Sorento Granito Private Limited CARE B CARE B+ 471 Spads Red Fields Exim Private Limited CARE B CARE B+ 472 Sports International CARE B+ CARE BB- 473 Sree Rayalaseema Alkalies and Allied Chemicals Limited CARE B+ CARE BB+ 474 Sree Rayalaseema Alkalies and Allied Chemicals Limited CARE BB+ CARE BBB- 475 Srei Equipment Finance Limited CARE A+ CARE A 476 Srei Equipment Finance Limited CARE AA- CARE A+ 477 Srei Equipment Finance Limited CARE AA CARE AA- 478 Srei Infrastructure Finance Limited CARE A+ CARE A 479 Srei Infrastructure Finance Limited CARE AA- CARE A 480 Srei Infrastructure Finance Limited CARE AA- CARE A+ 481 Sri Adhikari Brothers Television Network Limited CARE BBB- CARE BBB 482 Sri Sai Durga Infratech India Private Limited CARE BB- CARE BB 483 Sri Varadharaja Fruit Products Private Limited CARE BB- CARE D 484 Sriam Labs Private Limited CARE BB+ CARE BBB- 485 Srikalahasthi Pipes Limited CARE A CARE A+ 486 Standard Fireworks Private Limited CARE A- CARE A 487 Star Paper Mills Limited CARE BB- CARE BB+ 488 Star Wire India Vidyut Private Limited CARE BB CARE D 489 Steel Forge and Cast Industries CARE BB- CARE B+ 490 Stylam Industries Limited CARE BBB- CARE BBB 491 Stylo Graphics Private Limited CARE BBB- CARE BB+ 492 Sudar Industries Limited CARE BB CARE D 493 Sujala Pipes Private Limited CARE D CARE C 494 Sukh Sagar Industries CARE B CARE B+ 495 Sukhbir Agro Energy Limited CARE BBB CARE BBB+ 496 Sukhras Machines Private Limited CARE B+ CARE BB 497 Suncity Sheets Private Limited CARE BB- CARE BB+ 498 Sunil Hitech Engineers Limited CARE BBB+ CARE A- 499 Super Agri Seeds Private Limited CARE D CARE B 500 Super Multicolor Printers Private Limited CARE BB+ CARE D 501 Supreme Poultry Private Limited CARE B+ CARE BB- 502 Surana Power Limited CARE B CARE D 503 Surya Agro Products Private Limited CARE B+ CARE BB- 504 Surya Cotton Industries CARE B CARE B+ 505 Sutlej Textiles and Industries Limited CARE A+ CARE AA- 506 Suven Life Sciences Limited CARE BBB+ CARE A- 507 Sylvanus Properties Limied CARE A+ (SO) CARE AA- (SO) 508 Symphony Vyapaar Private Limited CARE BBB CARE BBB+ 509 Tagore Educational Trust CARE BBB- CARE BBB 510 Taneja Aerospace and Aviation Limited CARE BB+ CARE BB 511 Tantia Raxaultollway Private Limited CARE BB+ CARE BB- 512 Tapadia Polyesters Private Limited CARE BB+ CARE BBB- 513 Techno Fab Manufacturing Limited CARE B CARE D 514 Technovinyl Polymers India Limited CARE BBB CARE BBB+ 515 The Belgachi Tea Company Limited CARE B+ CARE BB- 516 The Dhamra Port Company Limited CARE A- CARE A 517 The India Cements Limited CARE A CARE A- 518 The Lakshmi Mills Company Limited CARE BB+ CARE BBB- 519 The National Small Industries Corporation Limited CARE AA CARE AA+ 520 Tirupati Basmati Exports Private Limited CARE BB CARE BBB- 9 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 521 Transstroy Bhopal Berasia Sironj Tollways Private Limited CARE BBB- CARE BB 522 Transstroy Bhopal Biaora Tollways Private Limited CARE BB+ CARE D 523 Transstroy Bhopal Biaora Tollways Private Limited CARE BBB- CARE BB+ 524 Transstroy Bhopal Bypass Tollways Private Limited CARE BB+ CARE D 525 Transstroy Bhopal Bypass Tollways Private Limited CARE BBB- CARE BB+ 526 Transstroy Dindigul - Theni - Kumili Tollways Private Limited CARE BB+ CARE D 527 Transstroy Dindigul - Theni - Kumili Tollways Private Limited CARE BBB- @ CARE BB+ 528 Transstroy Hoskote-Dobbaspet Tollways Private Limited CARE BBB- CARE BB 529 Transstroy India Limited CARE BBB- CARE D 530 Transstroy Trichy - Karaikudi Tollways Private Limited CARE BB+ CARE D 531 Transstroy Trichy - Karaikudi Tollways Private Limited CARE BBB CARE BB+ 532 Trichy Tollway Private Limited CARE A- (SO) CARE A (SO) 533 TV Vision Limited CARE BBB- (SO) CARE BBB (SO) 534 TVS Motor Company Limited CARE AA CARE AA+ 535 Ujjivan Financial Services Private Limited CARE A- CARE A 536 Uttam Sugar Mills Limited CARE D CARE C 537 Vantage Spinners Private Limited CARE C CARE B+ 538 Varad Extrusions Private Limited CARE B+ CARE BB 539 Vasishta Constructions Private Limited CARE B+ CARE D 540 Veeda Clinical Research Private Limited CARE BBB CARE BBB+ 541 Veekay Plast CARE B+ CARE BB- 542 Velani Oils Private Limited CARE BB CARE BB+ 543 VEM Technologies Private Limited CARE BBB- CARE BBB+ 544 Vijay M. Mistry Construction Private Limited CARE BBB+ CARE A- 545 Vijaydeep Silk Mills Private Limited CARE B+ CARE BB- 546 Vikram Solar Private Limited CARE BBB CARE BBB+ 547 Vinati Organics Limited CARE A CARE A+ 548 Vindhya Telelinks Limited CARE A CARE A+ 549 Vishnu Chemicals Limited CARE BB- CARE BB+ 550 Vishnu Chemicals Limited CARE BB+ CARE BBB- 551 Waaree Energies Limited CARE BBB- CARE BBB 552 Waaree Industries Private Limited CARE BBB- (SO) CARE BBB (SO) 553 Welspun India Limited CARE A+ CARE AA- 554 Welspun Syntex Limited CARE BBB+ CARE A 555 West Bengal Infrastructure Development Finance Corporation Limited CARE AA- (SO) CARE AA+ (SO) 556 West Bengal Infrastructure Development Finance Corporation Limited CARE A+ (SO) CARE AA- (SO) 557 Western Lumbers CARE B+ CARE D 558 Western UP Tollway Limited CARE B- CARE BB- 559 Wockhardt Limited CARE AA- CARE AA 560 Yantra eSolarIndia Private Limited CARE BBB- (SO) CARE BB+ (SO) 561 Zenstar Jewellery LLP CARE BBB- CARE BBB+ 562 Zicom Electronic Security System Limited CARE BBB+ CARE A- 563 Zicom Saas Private Limited CARE BBB+ (SO) CARE A- (SO) 10 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision Rating Movement between April 2015 to September 2015 Short Term Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 1 Aasra Foundations CARE A4 CARE D 2 Adani Wilmar Limited CARE A2+ CARE A1 3 Agri Gold Foods and Farm Products Limited CARE A4 CARE D 4 Ahluwalia Contracts India Limited CARE A3+ CARE A2+ 5 Ahmednagar Forgings Limited CARE A1+ CARE A1 6 Amba River Coke Limited CARE A1 CARE A1+ 7 Amines and Plasticizers Limited CARE A4+ CARE A3 8 Amtek India Limited CARE A1+ CARE A1 9 Anamika Conductors Limited CARE A4 CARE A4+ 10 Annapurna Earcanal Limited CARE A4+ CARE A4 11 Apple Hospital & Research Institute Limited CARE A4 CARE A4+ 12 Appu Hotels Limited CARE A4 CARE D 13 ARL Infratech Limited CARE A2 CARE A2+ 14 ARS Energy Private Limited CARE A2 CARE A2+ 15 Artemis Medicare Services Limited CARE A3 CARE A2 16 Atishay Infotech Limited CARE A3 CARE A3+ 17 Axiscades Engineering Technologies Limited CARE A3 CARE A3+ 18 B.L. Lifesciences Private Limited CARE A3+ CARE A3 19 Bajaj Energy Private Limited CARE A2+ CARE A1 20 Beam Cox Constructions Private Limited CARE A4 CARE D 21 Bhilai Jaypee Cement Limited CARE A3 CARE D 22 Binani Zinc Limited CARE A4 (SO) CARE D 23 Bindals Papers Mills Limited CARE A4 CARE D 24 Bio Med Healthcare Products Private Limited CARE A3 CARE A3+ 25 Birla Ericsson Optical Limited CARE A2+ (SO) CARE A1 (SO) 26 Bridal Jewellery Manufacturing Company CARE A4 CARE A4+ 27 BS Limited CARE A3+ CARE A2 28 Captain Pipes Limited CARE A4 CARE A3 29 Captain Polyplast Limited CARE A4+ CARE A3 30 Celebinas Airport Services India Private Limited CARE A3+ CARE A2 31 CLS Industries Private Limited CARE D CARE A4 32 Compuage Infocom Limited CARE A3+ CARE A2 33 Cuarzo CARE A2 (SO) CARE A2+ (SO) 34 Datta Agro Services Private Limited CARE D CARE A4 35 Dharani Sugars and Chemicals Limited CARE A4+ CARE D 36 Diagems Exports Private Limited CARE A4 CARE A4+ 37 Distribution Logistics Infrastructure Private Limited CARE D CARE A4 38 Dollar Industries Limited CARE A3+ CARE A2 39 Elecon Engineering Company Limited CARE A1 CARE A2+ 40 Elecon EPC Projects Limited CARE A1 (SO) CARE A2+ (SO) 41 Electrosteel Steels Limited CARE A4 CARE D 42 EMCO Limited CARE A4+ CARE A4 43 Enestee Engineering Limited CARE A4+ CARE A4 44 Essar Oil Limited CARE A2 CARE A1 45 Essar Oil Limited CARE A2+ (SO) CARE A1+ (SO) 46 Essel Propack Limited CARE A2+ CARE A1+ 47 Essential Power Transmission Private Limited CARE A3 CARE A4 48 Etco Industries Private Limited CARE A4+ CARE D 49 Exicom Tele-Systems Limited CARE A4 CARE A3 50 Fashion Accessories CARE A3 CARE A3+ 51 Federal Mogul Goetze India Limited CARE A2+ CARE A1 52 Firstsource Solutions Limited CARE A2+ CARE A1 53 Future Agrovet Limited CARE A2 (SO) CARE A1 (SO) 54 Gammon Infrastructure Projects Limited CARE A3+ CARE A3 55 Ganesha Ecosphere Limited CARE A3+ CARE A2 11 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 56 Gati Kintetsu Express Private Limited CARE A1 CARE A1+ 57 Gati Limited CARE A2 CARE A2+ 58 Geetanjali University CARE A4+ CARE A3 59 Gemini Edibles & Fats India Private Limited CARE A2 (SO) CARE A2+ (SO) 60 GMR Hyderabad International Airport Limited CARE A3+ CARE A2+ 61 GMR Hyderabad Vijayawada Expressways Private Limited CARE A3 CARE D 62 GMR Infrastructure Limited CARE A3+ CARE A3 63 GMR Kamalanga Energy Limited CARE A4+ CARE D 64 Golden Rock Granites Private Limited CARE A4 CARE A4+ 65 Greenply Industries Limited CARE A1 CARE A1+ 66 Gujarat State Energy Generation Limited CARE A4 CARE D 67 Guna Sheopur Pathways Private Limited CARE A3 CARE A3+ 68 Gupta H.C. Overseas India Private Limited CARE A3 CARE A3+ 69 GVK Power (Goindwal Sahib) Limited CARE A3 @ CARE A4 70 H. R. Polycoats Private Limited CARE A4+ CARE A3 71 Hari Krishna Exports Private Limited CARE A2 CARE A2+ 72 Hari Machines Limited CARE A4 CARE D 73 Harita Seating Systems Limited CARE A3 CARE A3+ 74 Hawa Valves (India) Private Limited CARE A4+ CARE A3 75 HNG Float Glass Limited CARE A3+ CARE A2 76 IMP Powers Limited CARE A3+ CARE A3 77 Indo Shell Mould Limited CARE A3 CARE A4+ 78 Indo Shell Mould Limited CARE A4+ CARE A4 79 Indo Shell Mould Limited CARE A3 CARE A4+ 80 Indo Shell Mould Limited CARE A4+ CARE A4 81 Innovative Cuisine Private Limited CARE A2 CARE A2+ 82 Interjewel Private Limited CARE A3 CARE A3+ 83 Intex Technologies (India) Limited CARE A2 CARE A2+ 84 Isinox Steels Limited CARE A3 CARE A3+ 85 Jaiprakash Associates Limited CARE A3 CARE A4 86 Jaiprakash Associates Limited CARE A4 CARE D 87 Jaiprakash Associates Limited CARE A3 CARE A4 88 Jaiprakash Associates Limited CARE A4 CARE D 89 Jaypee Sports International Limited CARE A3 CARE A4 90 Jesons Industries Limited CARE A4+ CARE A3 91 Jindal Stainless Steelway Limited CARE A4+ CARE A3 92 Jindal Steel And Power Limited CARE A1+ CARE A1 93 JSW Cement Limited CARE A4+ CARE A3 94 Jyoti Power Corporation Private Limited CARE A4 CARE D 95 K R Pulp & Papers Limited CARE A2 CARE A2+ 96 Kataria Industries Private Limited CARE A4+ @ CARE A4 97 Kirby Building Systems India Private Limited CARE A2+ CARE A1 98 Klassic Constructions Private Limited CARE A4+ CARE A4 99 Kovai Medical Center and Hospital Limited CARE A2 CARE A1 100 Krishnapatnam Oils & Fats Private Limited CARE A3 CARE A3+ 101 Kurmi Energy Private Limited CARE A4+ CARE A4 102 Kut Energy Private Limited CARE A4+ CARE A4 103 Lahari Laminates Private Limited CARE A4+ (SO) CARE A3 (SO) 104 Laxmi Power Cables Private Limited CARE A4 CARE D 105 Leo Primecomp Private Limited CARE A4+ CARE A4 106 Lexus Granito India Private Limited CARE D CARE A4 107 Lovely International Trust CARE A3 CARE A3+ 108 MAK Controls and Systems Private Limited CARE A3 CARE A3+ 109 Mantena Infra CARE A3 CARE A3+ 110 Margo Plywood Private Limited CARE D CARE A4 111 Matix Fertilizers And Chemical Limited CARE A4+ CARE D 112 Mecc Alte India Private Limited CARE A3 (SO) CARE A3+ (SO) 113 Merino Industries Limited CARE A1 CARE A1+ 12 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 114 Merino Panel Products Limited CARE A1 CARE A1+ 115 Metro and Metro CARE A3 CARE A2+ 116 Modern Automotives Limited CARE A4 CARE A4+ 117 Modern Automotives Limited CARE A4+ CARE A3 118 Modern Dairies Limited CARE A4 CARE D 119 Mohan Spintex India Limited CARE A3 CARE A3+ 120 Monnet Ispat & Energy Limited CARE A3 CARE A4 121 Monnet Ispat & Energy Limited CARE A4 CARE D 122 Mukesh Steels Limited CARE A4 CARE D 123 Mukesh Udyog Limited CARE A4 CARE D 124 Nagarjuna Fertilizers and Chemicals Limited CARE A4+ CARE D 125 Narsingh Ispat Udyog Private Limited CARE A3 (SO) CARE D 126 National Collateral Management Services Limited CARE A1 CARE A1+ 127 Nekkanti Sea Foods Limited CARE A3+ CARE A2 128 Neo Capricorn Plaza Private Limited CARE A3 (SO) CARE A4+ (SO) 129 Neutral Publishing House Limited CARE A3 CARE A3+ 130 Nilkamal BITO Storage Systems Private Limited CARE A3+ CARE A2+ 131 Nutan Ispat and Power Private Limited CARE A4+ CARE A3 132 OPG Power Generation Private Limited CARE A2+ CARE A1 133 Oyster Printers and Publishers Private Limited CARE A4+ CARE A4 134 P & R Infraprojects Limited CARE A3 CARE A4 135 P.D. Agrawal Infrastructure Limited CARE A3+ CARE A2 136 P.N.Gadgil Jewellers Private Limited CARE A2 CARE A2+ 137 Parry Enterprises India Limited CARE A2 CARE A2+ 138 Patanjali Ayurved Limited CARE A3 CARE A3+ 139 Patel Infrastructure Private Limited CARE A3 CARE A2 140 Pengg Usha Martin Wires Private Limited CARE A3+ CARE A2 141 Pitti Laminations Limited CARE A2 CARE A2+ 142 Priority Gold Private Limited CARE A3 (SO) CARE A3+ (SO) 143 Priority Jewels Private Limited CARE A3 CARE A3+ 144 Pundrik Textile Mills Private Limited CARE A4+ CARE A3 145 Punjab State Co-Operative Supply and Marketing Federation Limited CARE A3 CARE A4 146 Rabirun Vinimay Private Limited CARE A4+ CARE A4 147 Rainbow Papers Limited CARE A3 CARE A3+ 148 Rajasthan Drugs and Pharmaceuticals Limited CARE A3 CARE A4 149 Rasoya Proteins Limited CARE A4 @ CARE D 150 Rishi Consfab Private Limited CARE A4 CARE D 151 Rotomag Motors and Controls Private Limited CARE A4 CARE A4+ 152 Rushil Decor Limited CARE A3 CARE A3+ 153 S.P.Y. Agro Industries Limited CARE D CARE A4 154 Sabar Flex Industries CARE D CARE A4 155 Sahota Papers Limited CARE A2 CARE A2+ 156 Samarth Diamond CARE A4 CARE A4+ 157 Sanghavi Jewel Private Limited CARE A3 CARE A4+ 158 Sanghvi Forging & Engineering Limited CARE A4 CARE D 159 Saraf Foods Limited CARE A4+ CARE A4 160 Sarla Holdings Private Limited CARE A3+ CARE A2+ 161 Satguru Foundations CARE A4 CARE D 162 Shaily Engineering Plastics Limited CARE A3 CARE A3+ 163 Shakti Precision Components (India) Private Limited CARE A3 CARE A3+ 164 Shankar Soya Concepts CARE A4 CARE A4+ 165 Shivalay Ispat & Power Private Limited CARE A2 CARE A2 (SO) 166 Shivek Labs Limited CARE A4+ CARE D 167 Shlogam Agro Private Limited CARE A4 CARE D 168 Shree Shubham Logistics Limited CARE A3+ CARE A2 169 Shreenathji Udaipur Tollway Private Limited CARE A3 CARE A3+ 170 Shri Bihariji Cold Rollers Private Limited CARE A4 CARE D 171 Sify Technologies Limited CARE A2+ CARE A1 13 Sr.No. Name of the Issuer Rating Prior to revision Rating post revision 172 Simplex Infrastructures Limited CARE A1+ CARE A1 173 SKAPS Industries (India) Private Limited CARE A3+ CARE A2 174 Skipper Limited CARE A2+ CARE A1 175 Smilax Laboratories Limited CARE A4+ CARE A3 176 SMS Pharmaceuticals Limited CARE A3+ CARE A2 177 SN Enviro-Tech Private Limited CARE A3+ CARE A3 178 Soktas India Private Limited CARE A3 CARE A4+ 179 Sree Rayalaseema Alkalies and Allied Chemicals Limited CARE A4+ CARE A3 180 Sriam Labs Private Limited CARE A4+ CARE A3 181 Srikalahasthi Pipes Limited CARE A1 CARE A1+ 182 Star Paper Mills Limited CARE A4 CARE A4+ 183 Stylam Industries Limited CARE A3 CARE A3+ 184 Stylo Graphics Private Limited CARE A3 CARE A4+ 185 Sudar Industries Limited CARE A4 CARE D 186 Sujala Pipes Private Limited CARE D CARE A4 187 Sukhbir Agro Energy Limited CARE A3 CARE A3+ 188 Sundaram Jewelry CARE A4 CARE A4+ 189 Super Multicolor Printers Private Limited CARE A4+ CARE D 190 Sutlej Textiles and Industries Limited CARE A1 CARE A1+ 191 Suven Life Sciences Limited CARE A3+ CARE A2+ 192 Taneja Aerospace and Aviation Limited CARE A4+ CARE A4 193 Tapadia Polyesters Private Limited CARE A4+ CARE A3 194 Techno Fab Manufacturing Limited CARE A4 CARE D 195 Technovinyl Polymers India Limited CARE A3 CARE A3+ 196 Texport Syndicate India Limited CARE A4 CARE A3 197 The Dhamra Port Company Limited CARE A2+ CARE A1 198 The Lakshmi Mills Company Limited CARE A4+ CARE A3 199 Tirupati Basmati Exports Private Limited CARE A4+ CARE A3 200 Transstroy India Limited CARE A3 CARE D 201 Uppal Housing Private Limited CARE A3 CARE A3+ 202 Uttam Sugar Mills Limited CARE D CARE A4 203 Vaibhav Global Limited CARE A3+ CARE A2 204 Vanaik Spinning Mills Limited CARE A2 (SO) CARE A2+ (SO) 205 Vasishta Constructions Private Limited CARE A4 CARE D 206 Velani Oils Private Limited CARE A4 CARE A4+ 207 VEM Technologies Private Limited CARE A3 CARE A3+ 208 Vijay M. Mistry Construction Private Limited CARE A2 CARE A2+ 209 Vikram Solar Private Limited CARE A3+ CARE A2 210 Vindhya Telelinks Limited CARE A2+ CARE A1 211 Vishnu Chemicals Limited CARE A4+ CARE A3 212 Waaree Energies Limited CARE A3 CARE A3+ 213 Welspun India Limited CARE A1 CARE A1+ 214 Welspun Syntex Limited CARE A3+ CARE A1 215 Western Lumbers CARE A4 CARE D 216 Zenstar Jewellery LLP CARE A3 CARE A3+ 217 Zicom Electronic Security System Limited CARE A3+ CARE A2 218 Zicom Saas Private Limited CARE A3+ (SO) CARE A2 (SO) @ Under Credit Watch 14