Volume: 6

CRISIL SME Connect

A newsletter from CRISIL SME Ratings

Your connection to what really matters

April 2009

CRISIL SME Connect

Economy Perspectives
Capital account posts a deficit The current account deficit widened to US$14.6 billion in Q3FY09, albeit a marginal improvement in trade deficit compared to Q2FY09. A sharp fall in net portfolio inflows, banking capital and short-term trade credit also led to a capital account deficit for the first time since Q1FY99 amounting to US$3.2 billion. As a result, the overall the balance of payments deficit in Q3FY09 widened to US$17.9 billion. Industrial activity continues to contract Overall industrial activity shrunk by 0.5 per cent in January 2009, while the manufacturing output declined by 0.8 per cent. The cumulative growth during April-January 2008-09 now stands at 3.0 per cent as compared to 8.7 per cent during the same period a year earlier. Industrial growth is expected to remain subdued as the forward looking indicators do not show any signs of a quick recovery Exports contract sharply Merchandise exports dropped by 21.7 per cent in February 2009, the sharpest contraction yet. This brought down the cumulative growth for April-February to a mere 7.3 per cent. Import growth declined even more sharply, falling by 23.3 per cent. A slowdown in domestic demand coupled with a lower import bill owing to a sharp drop in commodity prices contributed to this decline. Diversion in the WPI and CPI inflation continues In February 2009, WPI Inflation declined for the sixth consecutive month to 3.6 per cent. Headline inflation fell further to 0.31 per cent in the third week of March. Although CPI inflation has fallen below the double-digit level, it continued to be high at 9.63 per cent in February. We expect average inflation for 2009-10 to be within the range of 3.0-3.5 per cent. Bank credit growth to remain below the target The credit off-take grew by 1.7 per cent in during the first fortnight of March over the previous month, which is the highest m-o-m growth in the last 3 months. Credit growth on the y-o-y basis however, moderated to 18.1 per cent. In the third week of March, excess liquidity in the system was squeezed on account of advance tax outflows and redemption pressures in the mutual funds. Nonetheless, there continues to be sufficient liquidity in the system at present. Rupee ends 2008-09 at 51.0 per US$ The Rupee ended FY09 at 51.0 per US$. The currency depreciated from the average of Rs 49.2 per US$ in February to Rs 51.2 in March amidst the increased outflow of foreign investment. The average exchange rate in 2008-09 was Rs 46.0 per US$ compared to 41.7 in FY08. The rupee is unlikely to see significant upward momentum from current levels unless foreign inflows pick up, which is likely in the second half of FY10. On balance, we expect the rupee to settle between 45.5 -46.0 per US$ by March-end 2010. 10-year G-sec yield firms up In March the yields hardened despite the easing of interest rates by the RBI and falling inflation on account of heightened concerns over the government's borrowing programme. The 10-year paper closed at 7.01 per cent on March 31, 2009. Further interest rates cuts are expected in view of sharp moderation in growth abatement of inflationary pressures, which would exert a dampening effect on the yields. On balance, we expect the yields on the benchmark 10year G-sec to end 2009-10 at around 6.3-6.5 per cent. Global economy to enter a recessionary phase The economies of the US, EU and UK contracted by 6.0-6.4 per cent (q-o-q annualised) in the fourth quarter of 2008. The Japanese economy shrank by twice that rate at an annualized rate of 12.1 per cent in the same period. Economic growth in China has also moderated sharply. In the wake of a sharp deterioration of global economic outlook, the Bank of England and European Central Bank cut policy interest rates to historic lows of 0.5 per cent and 1.25 per cent, respectively. With the interest rate already at an effective lower bound of zero, the Federal Reserve adopted unconventional measures to ensure liquidity in the economy.

Economic Outlook
Parameter Macroeconomic Indicators - Forecasts 2008-09
3.0 4.5 7.7 6.1 3.0-3.5

Rationale

Growth

Agriculture Industry Services Total WPI-Average

The continued fallout from the global economic slowdown is expected to pull down growth further in the first half of 2009-10 with a recovery starting in the third quarter. Industrial growth is expected to remain weak due to demand slowdown - both in exports and domestic along with financing crunch continuing at least in the first half of the year. Services growth is expected to moderate sharply, although it would continue to be the main driver of growth. The inflation would continue to fall from the current level in the first half of 2009-10 as commodity prices, especially oil expected to remain at a relatively low level due to global slowdown as well as a favourable base effect. In the latter half of the year, inflation should start picking up as demand recovers. The steady infusion of liquidity and further loosening of the monetary policy by the RBI as well as a decline in credit demand by the private sector as a result of growth slowdown would bring interest rates at a moderate level. In contrast, the increased government demand for funds to finance its deficit would work in the opposite direction. Overall, our interest rate forecast is consistent with our GDP growth forecast. With some normalization in the pattern of capital flows next year, the rupee should move back towards its fundamental trend, which is to appreciate. The demand for dollars should remain subdued with oil and other imports expected to slowdown. With exports declining, the supply of dollars would come from capital inflow. However, the margin of error for the forecast remains high in view of the continued global financial instability. With further fiscal stimulus expected after the national elections and the implementation of the remaining part of the sixth pay commission salary hikes the pressure on the fiscal deficit would remain although oil, food and fertiliser subsidies and off budget liabilities are expected to decline next year. Tax revenue would suffer as economic activity slows down sharply next year with the average inflation below 4 per cent level.

Inflation

Interest rate

10-year G-Sec (Year-end)

6.3-6.5

Exchange rate

Re / US $ (Year-end)

45.5-46.0

Fiscal deficit (Incl off-budget as a % of GDP liabilities)

5.5-6.0

CRISIL SME Connect

Update on Industry
Urea companies' credit profiles sensitive to funding mix
CRISIL believes that urea companies' credit profiles, which are already under stress, could be severely affected if the companies contract more debt to fund brown-field expansions, which are being encouraged under the government's new urea policy. The policy, announced a few months ago, has attracted revamp and de-bottlenecking investments at existing facilities. However, such projects by themselves will not suffice to bridge India's urea demand-supply gap. Pawan Agrawal, Director CRISIL Ratings, said, The policy's success in catalysing brown-field expansion or green-field projects will depend upon a number of imponderables, chief among them being international urea prices, and the availability, pipeline connectivity, and price, of natural gas. More importantly, the funding mix for this investment will be critical in deciding the credit risk profile of urea players. Any fresh debt will add to the significant volume that is already on these players' balance sheets, and could drive some urea manufacturers' debt to levels where the present ratings would suffer significant stress Mr. Agrawal added. With the first tranche of gas from Reliance Industries Ltd's KG basin expected to reach urea units this month, and given the priority that existing urea units enjoy under the Gas Utilisation Policy, the increased profits for efficient gas-based urea producers from revamp or de-bottlenecking projects will clearly improve these players' business risk profiles. Sudip Sural, Head CRISIL Ratings said While the likelihood of easing gas supplies augurs well for fresh capacity additions, urea companies will continue to face delays in government subsidy settlement. The eventual recovery of the subsidy dues is certain, but the delay can still lead to pressure on urea manufacturers' credit profiles as the build-up of receivables has to be financed through borrowings. Therefore, working capital borrowing levels are expected to remain high for most CRISILrated urea manufacturers.

Management Speak
SME - An International Perspective
India has a lot going for it in terms of financial management practices, but there is still a lot we can learn from innovations abroad, opines Yogesh Dixit, Head SME Ratings, CRISIL. Financing is the lifeblood of small and medium enterprises (SMEs). While the Indian financial markets have contributed considerably in providing access to funds to SMEs, an evaluation of best practices and innovations in other markets could provide us with pointers on how to move forward. This article examines some best practices in the international SME financing space and evaluates potential solutions to enhance funding for SMEs in India. Technology and information Let us begin with debt the preferred, but overused, funding source for most SMEs worldwide. The use of technology and the creation of electronic platforms has resulted in significant innovation in this space, enhanced access to funds and reduced costs. In general, SMEs have limited and expensive financing options, as most SME lending is local and based on the bank's intimate knowledge of the customer. SMEs cannot access other financiers as the information available on the SMEs, to facilitate lending, is minimal. However, in several developed markets, credit bureaus and SME exchanges, which provide information on the payment track record of SMEs, have played a key role in facilitating this linkage. The central availability of information has resulted in the creation of an entire set of analytical and informational tools that can provide quantitative as well as qualitative inputs for establishing the credit quality of an SME. This provides a strong interface for banks to understand the profile of SMEs, even in remote locations, and establish relationships with them; needless to say, financing options for SMEs are thereby enhanced and funding costs brought down. Credit guarantee funds However, access to bank lending alone is not good enough providing collateral is another significant challenge for SMEs. This challenge has been met elegantly through the use of credit guarantees. Credit guarantee funds backed by sovereign governments or private institutions are an interesting innovation in this space. These funds provide partial or full guarantees to small enterprises, which can then use these guarantees to take collateralfree loans from banks. Another interesting effort has been through mutual guarantee funds in Italy, France, and Spain, where industry associations have pooled in resources to provide common collateral to banks. The stake of each member in the fund, and peer pressure from other members of the association, forces discipline on borrowers. This practice has given banks access to high-quality assets, and allowed them to offer comfortable terms and credit at low cost to entrepreneurs. Equity funding The equity side of funding has seen its fair share of innovation. The Alternative Investment Market (AIM) in London allows smaller companies to raise funds under a distinctly different and more flexible regulatory and compliance framework. Countries such as Korea and Italy have set up separate exchanges to allow SMEs to raise equity. The vibrant venture capital and private equity market in the United States, especially for technology companies, is another example of ready access to equity funding. In the Indian context, we have made some progress in most of these directions over the past few years, but a lot more needs to be done to scale up these initiatives to a level where their impact is significant. We began well by setting up the first credit bureau in India a few years ago, but that initiative needs to be significantly enhanced. A facilitative atmosphere for the entry of newer entities and technologies is badly needed. An admirable beginning in the SME ratings space by rating agencies like CRISIL has led to about 10,000 SMEs being rated in India till date. The initiative is now set to move to the next level, as ratings become more centrally embedded in the financial system. Numerous SMEs that we rate have reported a significant improvement in lender interest and increased attention from financiers. We have vibrant venture capital and private equity initiatives in India, but their impact is restricted to the higher-end companies in the SME space. Pure venture capital, especially at small deal sizes, is notoriously hard to

CRISIL SME Connect

come by. A significant incentivisation or more favourable regulatory/tax treatment for small venture capital transactions would help in making this segment more attractive. Last, but not the least, we need to create a vibrant public platform for smallticket equity raising by SMEs. This would benefit venture capital and private equity players. These players could then consider an exit much earlier as compared to a conventional big ticket IPO. An optimal balance between simpler regulation and compliance norms, coupled with necessary investor safeguards, would help establish such an exchange on a firm footing. Article taken from SME Whitebook 2009-2010, with due permission from Businessworld. Copyright ABP Pvt. Ltd.

Banking Sector Update

Bank NPAs to triple, but won't endanger sector: CRISIL
The quality of Indian banks' assets is likely to deteriorate over the next two years. This will be driven by the slowdown in the economy, and by the aging of loans made in recent years: banking sector advances have grown roughly four-fold over the past seven years, to an estimated Rs.27.7 trillion. CRISIL projects that, by end-March 2011, the sector's gross non-performing assets (GNPAs) will increase to around 5 per cent of its advances, from 2.3 per cent at end-March 2008; in absolute terms, this will mean a tripling of NPAs to Rs.1.9 trillion. Nevertheless, CRISIL believes that the banking sector's strong capitalisation will allow it to comfortably absorb the effect of the increased NPAs. Mr. Raman Uberoi, Senior Director, CRISIL Ratings, said, The increase in NPAs will be driven by delinquencies in corporate loans; this asset class accounts for about 56 per cent of banks' advances. The GNPA ratio in this segment is projected to more than double by March 2011, to around 4.1 per cent, from the March 31, 2008 figure of 1.6 per cent. The deterioration in the asset quality of corporate loans will result from the increasing intensity of the demand slowdown, a lack of access to funding at reasonable rates, movements in foreign exchange rates, and the lengthening working capital cycle. The effect of these factors on loans made to small and medium enterprises will be severe, Mr. Uberoi added. In the retail loan book, a combination of dilution in underwriting standards in the recent past, and the aging of loans in the portfolio after a period of rapid growth, will drive delinquencies higher. The GNPA ratio in the retail portfolio, which constitutes more than 20 per of banks' total advances, is expected to increase to 4.7 per cent by March 31, 2011, from 3.2 per cent as on March 31, 2008. However, banks are strongly capitalised, cushioning the impact of higher NPAs. The capital coverage for NPAs has increased sharply over the past ten years: the ratio of net worth to net NPAs was 12.8 times as of end-March 2008, against 2.2 times as of end-March 1998. Mr. Tarun Bhatia, Head, CRISIL Ratings, said, Given the increase in banks' net worth over the past ten years, and the reduction in their NPAs, capital coverage for NPAs in the sector is at a very high level. Therefore, even with the expected jump in NPAs, we project the ratio of net worth to net NPAs at 5 times as on March 31, 2011. This provides sufficient coverage for losses that might arise out of these NPAs. In addition, the banking sector's assets are far more diversified than they were in 1998, with a greater proportion of the exposure being to retail loans and the service sector.

5000 CRISIL SME Ratings Celebration

Ms. Roopa Kudva, Managing Director and Chief Executive Officer, CRISIL Limited, addressing the CRISIL SME Ratings Team at the 5000 ratings celebration on May 2, 2009 in Mumbai.

CRISIL SME Connect

Profile of CRISIL Rated SSIs/SMEs

Ratings Assigned by CRISIL
CRISIL SME Ratings - Ratings Assigned (Cumulative)
5000 4500
No. of ratings assigned

As on Mar 31, 2009

per cent 24.74 13.65 11.27 8.82 6.58 5.36 4.69 4.06 3.50 3.16 2.57 1.93 1.90 1.34 1.04 0.86 0.78 0.78 0.56 0.52 0.52 0.48 0.45 0.22 0.11 0.07 0.04

Geographical distribution of ratings

State Maharashtra Gujarat Tamil Nadu Andhra Pradesh West Bengal Karnataka Uttar Pradesh Punjab Rajasthan New Delhi Orissa Madhya Pradesh Kerala Haryana Jharkhand Chhattisgarh Goa Bihar Uttarakhand Assam Jammu & Kashmir Pondicherry Chandigarh Dadra & Nagar Haveli Daman & Diu Tripura Sikkim

4000 3500 3000 2500

2000

1500 1000
500 0

Apr-05

Aug-05

Dec-05

Aug-08

Apr-08

Industry wise distribution of ratings

Industry Engineering Textile and Apparel Electronics and Electrical Equipment Printing and Packaging Agri-products and FMCG Chemical Plastic and Plastic Products Steel and Steel Products Pharmaceuticals Auto and Auto Ancilliary Construction IT and ITES Power Cable and Wire Real Estate and Infrastructure Leather and Footwear Paper and Paper Products Gems and Jewellery Telecommunication Water treatment Wood and Wood Products Others per cent 26.6 10.8 9.1 7.8 7.1 6.3 5.4 4.5 4.1 3.4 3.0 2.4 1.3 1.2 1.2 1.1 0.9 0.5 0.5 0.5 0.5 1.7

Mar-09

Apr-06

Aug-06

Dec-06

Aug-07

Dec-07

Apr-07

Rating distribution: NSIC-CRISIL Rating

CRISIL NSIC Rating SE 1A SE 1B SE 1C SE 2A SE 2B SE 2C SE 3A SE 3B SE 3C SE 4A SE 4B SE 4C SE 5A SE 5B SE 5C per centage

Rating distribution: CRISIL SME Rating

SME Rating SME 1 SME 2 SME 3 SME 4 SME 5 SME 6 SME 7 SME 8 per centage 12.5 24.8 30.5 24.8 6.9
0.5

3.84 9.62 0.31 5.34 31.17 8.65 0.31 20.18 17.70 0.18 2.47 0.22

CRISIL SSI/SME Ratings Definitions

NSIC-CRISIL Rating
An NSIC - CRISIL Rating reflects CRISIL's opinion on the company's performance capability and financial strength. Ratings are assigned as per the table below.
Financial Strength

CRISIL SME Ratings

A CRISIL SME Rating reflects the level of creditworthiness of an SME, adjudged in relation to other SMEs. CRISIL SME Ratings are assigned with the following Rating definition:
CRISIL SME Rating SME 1 SME 2 SME 3 SME 4 SME 5 SME 6 SME 7 SME 8 Definition Highest High Above Average Average Below Average Inadequate Poor Default

Performance Capability

High Highest High Moderate Weak Poor SE 1A SE 2A SE 3A SE 4A SE 5A

Moderate SE 1B SE 2B SE 3B SE 4B SE 5B

Low SE 1C SE 2C SE 3C SE 4C SE 5C

For eg.: A company with High Performance Capability and High Financial Strength will be rated 'SE 2A', while one with Weak Performance Capability and Low Financial Strength will be rated 'SE 4C'.

The rating indicates that the level of creditworthiness of an SME, adjudged in relation to other SMEs, is . (as per table above)

CRISIL SME Connect

CRISIL Rated SSIs/SMEs:

Sr No Company
ANDHRA PRADESH G. S. Oils Ltd. Taruni Dairy Products Private Limited Kallam Agro Products & Oils (P) Ltd. Kallam Brothers Cottons (P) Ltd. Kallam Spinning Mills Limited Nico Agro Oil Products Pvt Ltd Sivasankari Spinning And Textiles Pvt Ltd Sri Raghavendra Agro Products A. R. Life Sciences Pvt. Ltd. Access Solar Limited AG Bioteck Laboratories India Limited Amit Cottons Pvt. Ltd. Apollo Computing Laboratories Pvt Ltd Apollo Gleneagles PET-CT Private Limited Baba Akhila Sai Jyothi Industries Pvt Ltd Balaji Steel Rolling Mills Pvt Ltd Bhagyanagar Chlorides Pvt Ltd Bharat Biotech International Ltd Binjusaria Metal Box Co. (P) Ltd. C.S.Wires Pvt Ltd Cambridge Technology Enterprises Ltd. Celon Laboratories Ltd Chemsol Cornileus Pharmaceuticals (P) Ltd Dada Energies Limited Dakshin Enterprises Deccan Engineering Enterprises Deccan Polypacks Ltd. Dhanlaxmi Iron Industries Ltd Disha Foods (P) Ltd. Egwood Boards & Panels Pvt Ltd Enal Drugs Pvt Ltd Gayathri Industrial Products Pvt. Ltd Glochem Industries Ltd Good Health Agro - Tech Pvt. Ltd. Harika Drugs Pvt Ltd Hexagon Construction Husys Consulting Private Limited Hyderabad Castings Limited Interactive Corporation Inventaa Chemicals Ltd. Jeevaka Industries Ltd Jivanta Laboratories Pvt. Ltd. JMC Contructions Pvt Ltd Jyothi Dairy Pvt. Ltd. K. G. F. Cottons Pvt. Ltd. K. Ramachandra Rao Transmission & Projects Pvt Ltd Kailash Diagnostic & Rehabilitation Centre Private Limited Kakatiya Energy Systems Pvt Ltd Kanyaka Parameshwari Engg Ltd Karthik Steel Industries Kasargod Power Corporation Pvt Ltd Kora Industries KVK Bio- Energy Pvt Ltd Landmark Builders Lisa Ampoules & Vials Pvt Ltd. Magnificent Homes Pvt. Ltd. Mahavir Constructions Maithri Laboratories Pvt Ltd

As on Mar 31, 2009

Rating Assigned
SME 2 SE 2B SE 1A SME 3 SME 2 SE 2C SE 4C SE 3B SE 2C SE 2B SE 3B SME 4 SE 1B SME 3 SME 4 SE 3C SE 2B SME 1 SE 2B SE 2C SME 1 SE 2B SE 2B SE 2B SE 2B SME 4 SE 1B SME 2 SE 2A SE 1B SE 2B SE 1B SE 3C SE 1A SME 2 SE 2C SME 3 SME 3 SE 1B SE 2B SME 2 SE 2A SE 3B SME 2 SE 1B SME 4 SME 2 SME 5 SE 2B SE 1B SE 3B SME 3 SE 2B SME 4 SME 4 SE 1B SME 4 SME 3 SE 1A

City

Sr No Company

City

Rating Assigned
SE 2C SE 1B SE 1B SE 1B SE 3B SME 1 SME 2 SME 3 SME 2 SE 3B SME 5 SME 2 SME 2 SME 3 SE 2B SE 1A SE 1A SME 3 SE 2B SME 2 SME 3 SE 2B SE 2B SE 1A SME 4 SE 2C SME 1 SE 1B SME 1 SME 3 SE 1B SME 5 SME 4 SME 4 SE 1A SME 2 SE 3B SE 1B SME 5 SE 2B SE 2A SME 2 SE 2B SE 3C SE 1B SME 3 SME 1 SE 1B SE 2B SME 1 SE 2B SE 3C SME 4 SE 2A SE 2A SE 3B SME 3 SE 3B SE 2C SE 1A SE 2B

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59

Adilabad Chittoor Guntur Guntur Guntur Guntur Guntur Guntur Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad

60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120

Medchem International Ltd Meena Jewellers Pvt Ltd Meena Jewels & Pearls Meena Jewels Exclusive Meenakshi Smelter & Roller Pvt. Ltd. MIC Electronics Limited Midfield Industries Limited MMS Steel & Power Pvt Ltd Mohammed Khan Jewellers Pvt Ltd Mor Jewellers Moschip Semiconductors Technology Ltd MSN Laborotories Ltd MSN Pharmachem Pvt Ltd Musaddilal Jewellers Exporters Pvt. Ltd. Musaddilal Jewellery Exporters Pvt Ltd MYK Laticrete India Pvt. Ltd. Nandan Biomatrix Ltd National Mining Company Limited Navneeta Steels Pvt. Ltd Nawa Engineers & Consultants Pvt Ltd Nikhil Refineries Pvt. Ltd. Ovis Equipments Pvt Ltd P.G.Power Systems Pvt Ltd Pan Electro Technic Enterprises Pvt Ltd Park Health Systems Pvt. Ltd. Pawan Oil Industries Pragati Offset Private Limited Pulse Pharmaceuticals Pvt Ltd Puzzolana Machinery Fabricators R.A.U.S.Constructions Pvt Ltd R.K. Steel Udyog Pvt Ltd Radha Infra Projects India Pvt Ltd Rahul Agencies Rake Power Limited Ravi Foods (P) Ltd. Reddy's Polymers Processing Limited Revat Metforms Private Limited Roxy Roller Flour Mills (P) Limited S & S Constructions (India) Pvt. Ltd. Sai Sri Woven Sacks Pvt Ltd Sealwel Corporation Shree Jewellers
Shree Siddhivinayaka Agro Extractions Pvt Ltd

Shuchi Energy AD Promotions Private Ltd Sidhi Jewellers Sigma Solid Strips Pvt. Ltd. Sipra Labs Limited Smart Labtech Pvt. Ltd SMM Paper Marketing Pvt Ltd SMS Pharmaceuticals Ltd. Sree Comfortables Pvt Ltd Sree Krishna Automotives Hyderabad Pvt Ltd Sree Rayalseema Green Steloy Limited Sree Sai Roller Flour Mill Pvt Ltd Sri Annapurna Chemical Industries Sri Durga Plastic & General Merchant Sri Krishna Jewellery Mart Sri Satya Durga Bottle Merchants Sri Srinivasa Dairy Products Pvt Ltd Sri Venkateshwara Coir Products Pvt Ltd Sudershan Laboratories Ltd

Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad

CRISIL SME Connect

Sr No Company
121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 Sumohan Engineers Pvt. Ltd. Surya Industrial Equipments Surya Polytex Pvt Ltd. SVR Steels Pvt Ltd Swarnajyothi Agro & Exports Pvt. Ltd. Symed Labs Limited Tanmai Jewels Pvt Ltd Technostrength Pvt Ltd TFL Quinn India Pvt. Ltd. Thermal Systems Hyderabad Pvt. Ltd. Thermo Cables Ltd Timetech formulations Ltd Trans Valves (India) Pvt. Ltd. Turbomachinery Engineering Industries Ltd UDI Foods and Beverages Private Limited UDI Foods and Beverages Private Limited U-Foam Private Limited Uni Sankyo Limited Uppal Ferro Cast Pvt Ltd Vance & Health Pharmaceuticals Pvt Ltd Venkar Chemicals P Ltd Venkatarama Chemicals Ltd Vet India Pharmaceuticals Ltd Vidyuth Control Systems Pvt Ltd Vijay Neha Polymers Pvt. Ltd. Vijaya Diagnostic Centre (P) Ltd. Vijayasri Organics Limited Virupaksha Organics Pvt Ltd Weld Fuse Private Limited ADI Laxmi Industries Chandrika Rice Mill Cosy World Resorts Ltd Manasa Quality Enterprises N.S.N. Reddy Rice Industry Nallamalli Venkata Krishna Reddy & Others Prani Auto Plaza Pvt Ltd Raki Industries Sir Aurthor Cotton Modern Rice Mill Sree Ramalakshmi Satyanarayana Rice Mill Sri Aditya Hi- Tech Rice Mill Sri Ganeshwara Rice Tech Sri Lakshmi Satyanarayana Raw & Boiled Rice Mill Sri Ramalingeswara Rice Mill Sri Seetharama Raw & Boiled Rice Mill Sri Srinivasa Rice Mill Sri Veera Venkata Satyanarayana Raw & Boiled Rice Mill Sri Veera Venkata Satyanarayana Rice Mill Sri Vijayalakshmi Raw & Boiled Rice Mill Srinivasa Rice Industry Meru Automobiles Pvt Ltd Shalini Steels Pvt. Ltd. Raathi Pipes & Profiles Ltd Sudhakar Plastic Ltd. Sudhakar Polymers Ltd. Dawn Engineering Enterprises Seven Hills Papers (P) Ltd. Balaji Industries & Engineering Corp. Balaji Pressure Vessels Ltd. Finecab Wires & Cables Pvt Ltd G. K. Developers Gurpreet Galvanising Pvt. Ltd. IPM Bio Control Labs Private Limited

City
Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Hyderabad Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kakinada Kurnool Medak Nalgonda Nalgonda Nalgonda Rajahmundry Samalkot Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad

Rating Assigned
SE 3B SE 2B SME 4 SE 2B SE 2B SE 1A SME 3 SE 2A SME 2 SME 1 SE 1B SE 2C SE 1B SME 1 SME 3 SME 3 SE 1B SME 2 SE 2B SE 1B SE 2B SE 3C SE 2B SE 2B SE 1B SME 2 SME 2 SE 2A SE 2A SE 3C SE 3C SME 3 SE 2B SE 3B SE 3B SE 2B SE 2C SE 2B SE 3C SE 2B SE 3C SE 3B SE 2B SE 2B SE 3C SE 2B SE 2B SE 2B SE 3C SE 2B SE 1B SE 2B SE 2B SE 2B SE 1B SME 4 SE 3B SE 2B SE 1B SME 4 SE 2A SE 3C

Sr No Company
183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 ISCO Track Sleepers Pvt Ltd Mahidhara Chemicals (P) Ltd. Mazda Concrete Products Pvt Ltd Patil Rail Infrastructure Pvt. Ltd. Platinum Properties Pvt Ltd Premier Solar Systems Pvt Ltd Rayalseema Concrete Sleepers Pvt Ltd Saibaba Flame Proof Switchgears (P) Ltd. Sangam Wires Pvt Ltd Shakti Met-Dor Limited Shalivahana Green Energy Limited Zen Technologies Limited Saptagiri Polytek Pvt Ltd Srivari Industries Ajay Drugs & Pharmaceuticals Annapurna Industries Bala Balajee Textiles Limited Chaitanya Oils Ltd Girija Modern Rice Mill Kennedy Residential School Kiran Engineers Kristna Engineering Works Kristna Engineering Works Namaste Packaging Pvt. Ltd. Pallavi Enterprises Prakasa Spectro Cast Pvt Ltd Prathap Industries Radha Madhav Toyota Ramanjaneya Rice Mill Sarvani Readymix Concrete Industry Sesha Sayee Knittings Pvt Ltd Shridhar Engineering & Rubber Products Pvt Ltd Sri Rajya Lakshmi Industries Sri Sai Paper Products Sri Venkateswara Industries Srikara Parenterals Pvt Ltd Vijai Bhavani Power Tech Pvt Ltd Vijay Foods Vijay Industries Zoya Labs Almag Marketing (India) Pvt Ltd Ananda Profiles Pvt Ltd Cambridge Systems India Pvt Ltd Evergreen Veneers P Ltd Inar Profiles Private Limited Phoenix IT Solutions Ltd Precistat IT Solutions Pvt. Ltd. Rahamankan Tobacco Enterprises Pvt. Ltd. Sravan Shipping Services Pvt Ltd SRK Infra Projects Pvt Ltd Tirupati Veneers Pvt Ltd Visakha Trades Vishwanadha Educational Society VTC Engineering (P) Ltd. VTC Surface Technologies (P) Ltd.

City
Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Secunderabad Tirupati Tirupati Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Vijayawada Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam Visakhapatnam

Rating Assigned
SME 3 SE 2A SME 3 SME 3 SME 4 SE 1A SME 3 SE 2C SME 3 SME 1 SME 3 SME 1 SE 2B SE 2B SE 3C SE 3C SME 3 SE 3B SE 2B SME 3 SE 2B SE 2A SE 2A SE 3C SE 2B SE 2A SE 2B SME 3 SE 3B SE 3C SE 2B SE 2C SE 3B SE 3B SE 3C SE 3B SE 3B SE 3C SE 3C SE 3C SE 3B SE 2B SE 3B SE 2A SE 1B SE 1A SE 3B SME 3 SE 1B SME 4 SE 2B SE 3B SME 3 SME 4 SE 3C

ASSAM 238 239 240 241 Jakpod Garments Jericho Agro Processor Meghalaya Bitchem (P) Ltd. North Eastern Tubes Limited Guwahati Guwahati Guwahati Guwahati SE 4C SE 3B SE 2B SE 2B

CRISIL SME Connect

Sr No Company
242 243 244 245 246 247 248 249 250 Polymat Industries S M Cement Industries Sagar Steels Veejay Laboratories North Eastern Cables & Conductors (P) Ltd Biva Food Product Pvt. Ltd. Jai Commercial Pvt. Ltd. Kay Dee Cold Storage Pvt. Ltd. Purbanchal Food Products

City
Guwahati Guwahati Guwahati Guwahati Jorhat Silchar Silchar Silchar Silchar

Rating Assigned
SE 3B SE 3A SE 1B SE 3B SE 2B SE 2B SE 4B SE 2B SE 4C

Sr No Company
296 297 298 299 300 301 302 303 304 305 306 307 308 Abhishek Steel Industries Limited Alankar Alloys Pvt. Ltd. Alankar Steels Pvt. Ltd. Ankit Steels Avinash Developers (P) Ltd. City Mall Developers Pvt. Ltd. Devi Iron & Power Private Limited Goyal Foods Kunal Pipes (India) Pvt. Ltd. Rajesh Strips Limited S.D. Industries S.D. Soaps & Cosmetics Shri Shyam Sponge & Power Limited

City
Raipur Raipur Raipur Raipur Raipur Raipur Raipur Raipur Raipur Raipur Raipur Raipur Raipur

Rating Assigned
SME 2 SE 3B SE 3B SE 2B SME 4 SME 4 SME 3 SE 3C SE 3B SME 2 SE 2B SE 2B SME 3

BIHAR 251 252 253 254 255 256 257 258 259 260 261 262 263 264 Sarvottam Rolling Mills Pvt. Ltd. Alankar Auto Sales & Service Pvt. Ltd. Bajrang Bali Iron Industries Daya Engineering Works Pvt. Ltd. Joharilal Agarwala Sales Pvt. Ltd. Mani Printers Pratibha Printers and Stationery Ruby Industrial Fastners Shree Shakambhari Udyog The Best Towers Pvt. Limited Third Eye Communications Pvt. Ltd. Usha Polytubes Vaishali Paints Limited Vidya Vihar Educational Trust CHANDIGARH 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 Anand Sales (India) Bansal Generations Ltd. Crystal Sanitary Fittings Pvt. Ltd. D. M. Pharma Deluxe Enterprises Empire Packages Pvt. Ltd. Hari Narain Industries HIM Cableways Him Overseas Hi-Tech Industries Ltd. J.S.K. Aluminium Pvt. Ltd. Khosla Machines Pvt. Ltd. Khosla Precisons Khukhrain Cold Storage & Ice Factory Park Pharmaceuticals Preet Remedies Pvt. Ltd. Punjab Acids Chem (P) Ltd. Recorders & Medicare Systems (P) Ltd. Sandwoods Infratech Projects Pvt. Ltd. Shiva Bitumen Valco Industries Ltd. Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh Chandigarh SE 2B SE 2B SE 3C SE 3B SE 3C SE 1B SE 2B SE 3C SE 2A SE 2B SE 3B SE 2A SE 2A SE 2C SE 3B SE 2A SE 2B SE 1A SME 4 SE 2B SE 2A Muzaffarpur Patna Patna Patna Patna Patna Patna Patna Patna Patna Patna Patna Patna Patna SE 2B SE 2B SE 3C SE 2B SME 4 SE 3C SE 3C SE 4C SE 2B SME 2 SE 3B SE 3B SE 3B SME 4

DADRA & NAGAR HAVELI 309 310 311 312 313 314 Ganpati Alloys Gujarat Cables & Enamelled Products Pvt Ltd Jagannath Extrusion India Ltd Krafto Glass Smita Conductors Ltd. Thermal Systems & Engineers Silvassa Silvassa Silvassa Silvassa Silvassa Silvassa SE 3B SE 2B SE 2A SE 3C SME 1 SE 2B

DAMAN & DIU 315 316 317 Hi-Tech Office Systems Met India Metal Gems Daman Daman Daman SME 2 SE 1A SE 1A

GOA 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 Anupam Insulating Industries Desai Cashew & Allied Products Esteem Industries Pvt. Ltd. GMI Zarhak Moulders Pvt. Ltd. Goa Auto Accessories Ltd. Grand Organics Pvt. Ltd. Omega Fibres Sai Cashew Products Saishiv Boards And Tops Private Limited Sam Services Supreme Industires Venus Ethoxyethers Pvt. Ltd. Vic Industries Shanti Agro Industries Shanti Agro Processors (Goa) Pvt. Ltd. Goa Goa Goa Goa Goa Goa Goa Goa Goa Goa Goa Goa Goa Ponda Ponda SE 2B SE 3B SE 1B SE 2C SE 3C SE 1B SE 3C SE 3B SE 2B SE 2B SE 3B SE 1B SE 1B SE 2B SE 3C

GUJARAT CHHATTISGARH 286 287 288 289 290 291 292 293 294 295 Bhilai Auxiliary Industries Bhilai Coal & Coke (Unit II) Bhilai Structurals Jupiter Coal Co. Unit - II Orient Ispat (P) Ltd. Orient Steel Re - Rolling Mill P. S. Steel Tubes Ltd. Shri Metcast Pvt. Ltd. Mahavir Global Coal Ltd. Aarti Sponge and Power Ltd. Bhilai Bhilai Bhilai Bhilai Bhilai Bhilai Bhilai Bhilai Bilaspur Raipur SE 2B SE 2C SE 2B SE 3C SME 3 SE 2B SE 1A SE 3B SME 2 SME 4 333 334 335 336 337 338 339 340 341 342 343 Aaryavart Commodities Pvt Ltd Aastropure Systems Pvt Ltd Ainaj Industries Alok Textile Mills Private Limited Apollo Infratech Pvt Ltd Ashok Vijay Engineering Works Ashutosh Metal Pvt Ltd Automotive Valves Pvt Ltd Baheti Metal & Ferro Alloys Ltd Balas Industries (P) Ltd Bhavik Publication Pvt Ltd Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad SE 3B SME 4 SE 3B SE 3B SE 2C SE 3B SE 2B SE 2A SE 1B SE 2B SE 1B

CRISIL SME Connect

Sr No Company
344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 Care Office Equipment Pvt Ltd. Chirag Offset Pvt. Ltd. Confisec Printers Denim Dyes & Chemicals Dhruv Chem Industries Endeavour Instrument Pvt Ltd Flosteer Engineers Pvt Ltd Gatrad Engineering Corporation Gaurav Industries Pvt Ltd Gopal Iron & Steels Co.(Gujarat) Ltd Gujarat Pickers Industries Limited Gujarat Smelting & Refining Comp Ltd Hardware Tools & Machinery Projects Pvt Ltd Impulse Enterprise Indra Cotton Ginning & Presssing Pvt Ltd Infab Infrastructure Pvt Ltd Jaihind Projects Limited Jain Plastics Jainam Cables Industries Jasvant B Shah Khodiyar Ceramics Khodiyar Clay Art Khodiyar Clay Products Kisan Proteins Pvt Ltd Mahavir Castings Ltd. Marshal Cable Maxeema Biotech Private Limited Maxim Tubes Company Pvt Ltd Millenium Forging Pvt Ltd N. K. Automobiles Pvt Ltd Naigra Industries Om Cot Gin Pvt Ltd Padmavati Ice and Cold Storage Pvt Ltd Polyvin Corporation (India) Prem Conductors Pvt Ltd Prem Udyog Pvt Ltd Rainbow Packaging Pvt Ltd Raj Polyplast Royal Touch Aluminium Pvt Ltd Sahitya Mudranalaya Pvt Ltd Sakar Ferro Alloys Pvt Ltd Seagull Maritime Agencies Pvt Ltd Seema Jewellers Pvt Ltd Shital Chemicals Shivanand Polymers Shree Chlochem Ltd Star Freight Pvt Ltd Styro Steel Cast Pvt Ltd Synwave Industries Timbor Home Pvt Ltd Topline Ceramics Pvt. Ltd. Trivedi Corp Pvt Ltd Trivedi Tectonics Umiya Flexifoam Pvt Ltd United Polyfab Pvt Ltd Veer Steel Processors Vertex Laminate Pvt Ltd Vijay Enterprises Pvt Ltd Vinod Fabrics (P) Ltd Winco Valves Pvt Ltd Ankleshwar Ammonia Supply Co. Anmol Chemicals (Gujarat) Pvt Ltd Apex Healthcare Limited Hem-Deep Organics Private Limited

City
Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ahmedabad Ankleshwar Ankleshwar Ankleshwar Ankleshwar

Rating Assigned
SE 1B SE 2A SE 2B SE 2C SE 2B SE 1B SE 3C SE 3C SE 2B SE 2B SME 3 SE 1B SE 2B SE 3B SE 3C SE 2A SME 2 SE 3B SE 3C SME 3 SE 2B SE 2B SE 2B SE 3B SE 1B SE 3C SE 1B SE 3C SE 2B SE 3C SE 3C SE 4C SE 2B SE 3B SE 3C SE 3C SE 1B SE 3B SE 2C SE 1A SE 2B SME 4 SE 2B SE 2B SE 2B SE 2B SME 2 SE 2C SE 2B SE 1B SE 3C SME 3 SE 3A SE 3B SE 3C SE 2A SE 2B SE 2B SE 2B SE 1B SE 2C SE 2B SE 2B SE 3C

Sr No Company
408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 Hi-Tech Engineers Jackson Chemical Industries Laksh Venture Pvt Ltd M. Mech Engineers (P) Ltd Mega Innovative Crops Pvt Ltd Ramdev Chemical Industries Ratnamani Bio-Chemicals & Pharmaceuticals Pvt Ltd Tatva Chintan Pharma Chem Pvt Ltd Techno Forge Ltd Jugalkishore Ramkishan Agrawal Infrastructure Pvt. Ltd Jyotindra International Shivam Agroprocess Pvt Ltd Additol Lubricants Pvt Ltd Adison Welding Products Ltd Cryogenic Liquide Link Pharma Chem Ltd. Polymechplast Machines Ltd Spa Vet-Min Pvt Ltd Sunrise Industries (India) Ltd Tiki Tar Industries Daya Glass Industries Pvt Ltd Jay Mahakali Chemicals Kenny Pharma Pvt Ltd Narmada Industries R K Reclaim and Rubber Products Pvt Ltd R. P. Industries Shivam In Corporation Shreejee Print & Pack Shreeji Corro Care Ind G N Ship Breakers Guru Ashish Ship Breakers Hans Industries Pvt Ltd K.P.G. Enterprise Kumar Steel (India) Lion Tapes Pvt Ltd Madhu Silica Pvt Ltd Mahadev Ship Breakers Pvt. Ltd. Malwi Ship Breaking Co Megha Insulations Pvt. Ltd. Navneet Ginning & Pressing Pvt Ltd Nilkanth Cotton Industries P.V.R Ship Breaking Co. Prakash Re - Rollers Pvt. Ltd. Priyank Ship Breaking Co. Pvt Ltd Pure Gases Pvt Ltd Rajendra Shipbreakers Pvt Ltd Rishi Ship Breaker Shiv Ship Breaking Co. United Coke Pvt Ltd Virendra & Company Y. S. Investments Amul Boards Private Limited Mittal Timber Products Pvt Ltd Narayani Coke Pvt Ltd Oswal Commodities Pvt Ltd APS International Gujarat Raffia Industries Ltd. Modern Communication & Broadcast Systems Pvt Ltd Ugri Polyplast Pvt Ltd Yogi Cab Insulation Pvt Ltd Panchmahal Chemicals Geeta Machine Tools Pvt Ltd

City
Ankleshwar Ankleshwar Ankleshwar Ankleshwar Ankleshwar Ankleshwar Ankleshwar Ankleshwar Ankleshwar Banaskantha Banaskantha Banaskantha Baroda Baroda Baroda Baroda Baroda Baroda Baroda Baroda Bharuch Bharuch Bharuch Bharuch Bharuch Bharuch Bharuch Bharuch Bharuch Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Bhavnagar Gandhidham Gandhidham Gandhidham Gandhidham Gandhinagar Gandhinagar Gandhinagar Gandhinagar Gandhinagar Godhra Jamnagar

Rating Assigned
SE 2B SE 1B SE 3B SE 2B SE 3C SE 2B SE 3B SE 1B SE 1A SE 2B SE 2B SE 3C SE 3B SE 2B SE 2B SME 3 SE 2B SE 3C SE 2B SE 2A SME 5 SE 3C SE 3B SE 3B SE 3C SE 2B SE 3C SE 3C SE 3C SE 3C SE 3C SE 2B SE 4C SE 4B SE 2C SME 2 SE 3C SE 3C SME 4 SE 3C SE 3C SE 3C SE 2B SE 3C SE 3C SE 3C SE 3C SE 3C SE 3A SE 4C SE 3C SE 2B SE 2C SE 2B SE 3B SE 3C SE 2B SE 1B SE 3B SE 2B SE 3C SE 2C

CRISIL SME Connect

Sr No Company
470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 Gold Star Battery Private Limited Meridian Impex Metal Alloys Corporation Oceanic Solvent Industries Paramount Pistons Parts & Spares Rajhans Impex Pvt Ltd Rajhans Metals Private Limited Rajshanti Metals Pvt Ltd Samanjas Udyog Pvt Ltd Silver Proteins Pvt Ltd Siyaram Impex Pvt Ltd Siyaram Metal Udyog Siyaram Metals Pvt Ltd Vekaria Engineering Works Pvt Ltd Haji Ali Mohammed Moosa & Co Max Precision Bearings Pvt Ltd Mayur Ginning and Pressing Pvt Ltd Patel Enterprise R M Dasa Infrastructure Pvt Ltd Vardhaman Industries Vikas Cotton Industries Vinayak Ginning & Pressing Factory Gajlaxmi Cotton Industries Bohmis Industries Limited Ganesh Rubber Industries Arya Cotton Industries Bajrang Bali Coke Industries Pvt Ltd Gayatri Cotton Industries Shreenathji Cotton Industries Vidyut Transformers Pvt Ltd Advatech Cera Tiles Ltd Apollo Construction Equipments (P) Ltd Fortune Engineers Hiramani Cotton Industries John Engineering Pvt Ltd Kalp Corporation Kokila Cotton Industries Kuvarba Cotton Industries Mamta Cotton Industries Omkar Cotton Industries P.B. Cotton Industries Patel Cotton Industries Perfect Construction Co. Royal Castor Products Ltd Sagar Rubber Products Pvt Ltd Sejasmi Industries (India) Pvt Ltd Shakti Cotton Industries Shree Krishna Cotton Industries Unitech Automation Zamzam Exports Limited Accord Ceramics Pvt Ltd Ajanta India Limited Jaydeep Chem Food Pvt Ltd Lexus Ceramic Pvt Ltd Magnum Ceramics Pvt Ltd Mega Vitrified Pvt Ltd Metro City Tiles Pvt Ltd Nelco Ceramics Shree Gita Ginning & Oil Industries Sorento Granito Pvt Ltd Suncity Ceramics Vita Granito Pvt Ltd Zealtop Granito Pvt Ltd Asian Food Industries

City
Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Jamnagar Junagadh Junagadh Junagadh Junagadh Junagadh Junagadh Junagadh Junagadh Kadi Kalol Kalol Kutch Kutch Kutch Kutch Kutch Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Mehsana Morbi Morbi Morbi Morbi Morbi Morbi Morbi Morbi Morbi Morbi Morbi Morbi Morbi Nadiad

Rating Assigned
SE 1B SE 3B SE 2A SE 3B SE 2C SE 2B SE 2B SE 2B SE 2B SE 1B SE 2C SE 3B SE 3C SE 2A SE 3B SE 3B SE 1B SE 3C SE 4C SE 2B SE 2C SE 3C SE 3B SE 3B SE 2B SE 2B SE 4B SE 2B SE 3C SE 3B SE 3B SE 3C SE 2A SE 3C SE 3C SE 3B SE 2B SE 3B SE 3C SE 3B SE 3C SE 3B SE 3B SE 3C SE 1B SME 3 SE 3B SE 3B SE 3C SE 4B SE 2B SE 3B SME 2 SE 2C SE 3C SE 2C SME 4 SE 3C SE 2B SE 3B SME 3 SE 3B SME 4 SME 3 SE 2C

Sr No Company
535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 Mukul Jamsons Sunshine Mechanical Works Maruti Gases Pvt Ltd Om Shri Nagraj Ginning Factory Shiv Shakti Industries Siddhi Vinayak Industries Shree Shiv Shakti Industries Adani Pharmachem Pvt. Ltd. Banshi Cotton Pvt Ltd C. K. Industries Captain Tractors Pvt Ltd Dharpat Casting Pvt Ltd Dhaval Agri Exports Eagle Corporation Pvt. Ltd. Endoc Pharma EPP Composites Pvt Ltd Essen Multipack Ltd Evershine Metals Fieldman Engineers Pvt Ltd Fishfa Rubbers Pvt Ltd Forge & Forge Pvt Ltd Galaxy Chains Pvt Ltd Galaxy Conveyors Pvt Ltd Galaxy Cotton & Textiles Pvt Ltd Ganga R.K. Industries Pvt Ltd Giriraj Ginning and Pressing Pvt Ltd Gokul Industries Gujarat Lathe Mfg. Co. Pvt Ltd Gulab Oil and Foods Pvt Ltd Hi-Mac Castings Pvt Ltd HSM Foods International Inova Cast Pvt Ltd Inovative Technocast Pvt Ltd Jalaram Cotton & Protein Pvt Ltd Jaydeep Cotton Fibres Pvt Ltd Jayshri Ginning & Spinning Pvt Ltd Jayshri Impex K K Cotex Kaneriya Oil Industries Kasuma Auto Eng. (P) Ltd Kavan Cotton Industries Kaveri Polymers Pvt Ltd Kishan Autoparts Limited Kishan Forge Pvt Ltd Kishan Infrastructure Pvt Ltd Krishna Metacraft Pvt Ltd Lakshmi Cot - Gin Pvt. Ltd. Magnetic Industries Ltd Mahadev Ginning & Pressing Pvt. Ltd. Major Cement Pvt Ltd Manek Investment Cast Pvt. Ltd. Mangrol Oil Industries Manmohan Ginning Industries Marc Industries Maruti Interior Products Pvt Ltd Mehta Surgicare Pvt Ltd Miro Ref. Pvt Ltd Morvi Vegetable Products Ltd. Narendra Cotton Ginning & Pressing Co Pvt Ltd Narmada Pipes National Cotton Industries Navrang Ceramic New Kishan Cement Pvt Ltd Nikoo Forge Pvt Ltd

City
Navsari Navsari Panchmahals Patan Patan Patan Radhanpur Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot

Rating Assigned
SE 3C SE 4C SE 3C SE 3C SE 3B SE 2B SE 3C SE 2B SE 3C SE 3C SE 2B SE 3C SE 3B SME 5 SE 2B SE 1B SE 1A SE 3B SE 1B SE 1B SE 2A SE 2B SE 3B SE 2C SE 1B SE 3C SE 2C SE 2A SE 2C SME 4 SE 2B SE 1B SE 1B SE 2C SE 2B SE 3B SE 3B SE 3C SE 2B SE 2B SE 3B SE 1B SE 1B SE 2B SE 2A SE 3B SE 2C SE 1A SE 3C SE 2A SE 2C SE 2B SE 3C SE 3B SE 2B SE 2B SE 2B SE 2A SE 2C SE 2B SE 2B SE 3C SE 2A SE 1B

CRISIL SME Connect

Sr No Company
599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 Nisan Exports Opera Ceramics Parmar Metals Pvt Ltd Patel Cotton Industries Perfect Polymers Radheshyam Fibers Pvt Ltd Raghuvir Cotton Ginning & Pressing Pvt Ltd Rajendra Cold Storage Roto Screentech Pvt Ltd Royal Impex (India) Sadguru Cotton Pvt Ltd Sahyog Cotton and OIl Pvt. Ltd. Sanjivani Casting Pvt Ltd Savalia Cotton Ginning & Pressing Pvt Ltd Senso Granito Pvt Ltd Shalibhadra Cotgin Pvt Ltd Shree Govardhan Cot-gin Pvt Ltd Silver Engineering Co Simpolo Ceramics Sindhu Ultramarine Chemicals Pvt Ltd Somnath Cable Industries Somnath Cottgin (I) Pvt Ltd Steelcon Impex Pvt Ltd Topland Engines Pvt Ltd Topland Exports Umiya Cot Fibres Western Enterprises India Pvt Ltd Perma Construction Aids Pvt Ltd Alliance Fibres Pvt Ltd BR Designs Fosbel Glass Decorators Gujarat Hira Bourse Happy Engineering Himson Engg. Pvt Ltd Kabir Creation Kinsum Industries Marval Engineering (P) Ltd. Mlon Metallic Pvt Ltd Nirmal Hospital Pvt Ltd Om Filaments Pvt Ltd Rachit Creation Raj International Ltd Safari Apparel Pvt Ltd Sangam Fashions Pvt Ltd Shamal & Shamal Pvt Ltd Sharda Syn-Fab Creations Pvt Ltd Siddharth Filaments Pvt Ltd Soham Impex Sumilon Industries Limited SVS Tex-O-Fab Swaraj Syntex Pvt Ltd Tejoday Dyeing & Printing Works Ugam Impex Pvt Ltd Venus Fibers Pvt Ltd Vimal Agro Products Pvt Ltd Vishwaprem Dyeing & Printing Mills Pvt Ltd Vivacity Woven Sack Pvt Ltd Vrundavan Developers Gujarat Hightension Insulator M N Rubber Industries Prakash Ceramics Purav Cotton Industries Shree Patel Industries Shree Patel Industries Unit-III Steelman Gases Pvt Ltd

City
Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Rajkot Sarigam Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surat Surendranagar Surendranagar Surendranagar Surendranagar Surendranagar Surendranagar Surendranagar

Rating Assigned
SE 3B SE 3C SE 2B SE 3B SE 3B SE 2C SE 2C SE 3B SE 2B SE 3A SE 2C SE 3B SE 2B SE 3B SME 4 SE 3C SE 3C SE 2B SE 2A SE 2B SE 4C SE 3C SE 2B SE 2C SE 2B SE 3C SME 3 SE 1B SE 3C SE 2B SE 3B SME 3 SE 3C SE 2B SE 3C SE 2B SE 3B SE 3C SME 4 SE 2C SE 3B SME 3 SE 3C SE 2B SE 2B SE 3C SE 2B SE 3B SME 2 SME 3 SE 3B SE 3C SE 3B SE 3B SE 1A SE 3B SE 3C SME 4 SE 2B SE 3C SE 3C SE 2B SE 2B SE 2C SE 3C

Sr No Company
664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 Sunshine Fastners Private Limited Tejas Steel Industries Zalawad Tractors Access Computech Pvt Ltd Akshay Inorganics Anugrah In-Org (P) Ltd. Balaji Fiber Reinforce Pvt Ltd Bright Metasteel Pvt Ltd Conmat Systems Elec Steel Processing Industries Friend's Industry H.B.Engineers Pvt Ltd Jhaveri Securities Pvt Ltd Jindal Agro Processing Pvt Ltd Miles Motors Pvt Ltd Mona Engineering & Body Builders Paragon Synthetics & Polymers Ltd Permionics Membranes Pvt. Ltd. Persang Alloy Industries Pvt Ltd Pratik Transformers Pvt Ltd RD Dynamech Infra Private Ltd Rishabh Software Pvt Ltd Sayaji Paper Pvt Ltd SkyLight Doors and Windows Pvt Ltd Suryavinayak Engineers The Spunpipe & Construction Company (Baroda) Private Limited Tube Products Incorporate Universal Medicap Ltd. UNP Polyvalves (India) Pvt Ltd Ushail Sales & Services Zephyr Synthesis Pvt Ltd Asian Agrico Industries Keen Diam Pvt Ltd Klenzaids Contamination Controls Pvt Ltd Prayag Tex Print Pvt Ltd Shyamal Organics Pvt. Ltd.

City
Surendranagar Surendranagar Surendranagar Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Vadodara Valsad Valsad Valsad Vapi Vapi

Rating Assigned
SE 2B SE 3B SE 3C SE 3B SE 2B SE 2B SE 2B SE 2B SE 2A SE 2B SE 2B SE 2B SME 2 SE 2C SE 3B SE 3C SE 2B SE 1B SE 1C SE 2B SE 2B SE 2B SE 3C SE 3C SE 2B SE 2A SME 1 SME 1 SE 2B SE 2B SE 2C SE 3B SE 3B SE 2B SE 3B SE 3B

HARYANA 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 Ambala Associates Crown Optical Works Sealed Energy Systems Kiran Packaging Industries Amrit Udyog Arra Motion Systems Pvt. Ltd. ATM Exports Pvt.Ltd. Bachmann Industries India Pvt. Ltd. Coirfoam (India) Pvt. Ltd. Dee Development Engineers Pvt.Ltd. Mini Meters Mfg. Co. Pvt. Ltd. P.G.Engineers Paper Tech Engineers Pvt.Ltd. PICL India Pvt Ltd Precision Machine Tools Saifi Industrial Co. Sandeep Axles Pvt Ltd Savvak Systems Pvt.Ltd. NKC Projects Pvt.Ltd. Paltech Cooling Towers & Equipments Ltd. Rising Sun International Ajay Polymers G. V. (God Vishnu) Rice Unit Mahavir Foods Ambala Ambala Ambala Ballabgarh Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Faridabad Gurgaon Gurgaon Gurgaon Hisar Karnal Karnal SE 3C SE 3C SE 3C SE 2B SME 3 SME 4 SE 3C SE 2B SE 2C SE 1B SE 3C SE 1B SE 2C SE 1B SE 3B SE 4C SE 2C SME 3 SME 1 SE 1B SE 3C SE 4C SE 2C SE 2C

10

CRISIL SME Connect

Sr No Company
724 725 726 727 728 729 730 731 732 733 734 735 Mahesh Mercandise Pvt. Ltd. Nalagarh Steel Rolling Mill Pvt Ltd. Shree Kangra Steels Pvt. Ltd. Aroma Agrotech Jainsons Exports Kohinoor Carpets Liberty India Om Shakti Textiles Shiv Shakti Exports Mewat Grit Udyog Champion Gym Fitness Equipments Pvt Ltd Vimlesh Industries Pvt.Ltd.

City
Karnal Panchkula Panchkula Panipat Panipat Panipat Panipat Panipat Panipat Rewari Sonepat Sonepat

Rating Assigned
SME 3 SE 3C SE 3C SE 2C SE 1B SE 3B SE 3B SE 3C SE 3B SE 1B SE 3C SE 2A

Sr No Company
778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 Accord Laser Machining Private Limited Advaith Motors Pvt. Ltd. Ajax Fiori Engineering (I) Pvt. Ltd. Alpine Housing Development Corp. Ltd. Alufit (India) Pvt. Ltd. Amba Auto Sales & Services Pvt Ltd Bangalore Plastics Pvt. Ltd. Bangalore Safety Glass Pvt Ltd Beloorbayir Biotech Ltd. Bhuma Technologies BJN Hotels Limited Brindavan Roller Flour Mills (P) Ltd. Classic Realty Private Limited Dexler Information Solution Pvt Ltd Dharamshi Metals Pvt. Ltd. Dolar Engineering Industries Pvt. Ltd. Evangelsoft Pvt Ltd Farcom Cable Systems Pvt. Ltd. Ferrum Extreme Engineering Pvt Ltd Firepro Systems Private Limited Fusion Electronics G. I. Auto Pvt. Ltd. G. R. G. Dairy Products Pvt. Ltd. Gan Tools and Components Geeson Metal Finishers Genuine Products Global Heat Treatment Service Pvt Ltd Global Pharmatech Pvt. Ltd. Global Printing and Packaging Co Pvt Ltd Goodwill Industries Gopalakrishna Textile Mills Private Limited Greenchem Grover Vineyards Ltd. HBR Consultants Private Limited Hi Herbs Extracts Udyoga Hi-Tech Forging (Bangalore ) Pvt. Ltd. Hiten Fasteners Pvt. Ltd. Honeycomb India Pvt Ltd Janani Tours and Travels Private Limited Jayveecons Jiten Plywoods Pvt. Ltd. K. R. Printers Kable First India Pvt Ltd Kamal Bells Kamath Transformers P. Ltd. Karthik Toolings KEJ Minerals Pvt. Ltd. Kropex India Limited Lifeline Feeds India Pvt Ltd Lotus Powergear Private Limited Maheshwari Woods Pvt. Ltd. Metrology Equipments Private Limited Micro Plastics Pvt. Ltd. Micron Precision Plastics Microtex Energy Private Limited Mohan Projects Private Limited Namratha Oil Refineries Private Limited Natural Capsules Ltd Natural Textiles Pvt. Ltd. Nithila Mining Tools Omkar Offset Printers Oxford Rubbers Pvt. Ltd. P.S Techcom Pvt Ltd Palm Enterprises PKS Presstressed

City
Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore

Rating Assigned
SE 3B SME 1 SE 2A SE 3B SE 2B SE 2C SE 2B SE 1B SE 2C SE 3C SME 2 SE 3C SME 3 SME 1 SE 2B SE 3C SE 4C SE 1B SE 3B SME 1 SE 2B SE 2A SE 2C SE 2B SE 3C SE 2B SE 4C SME 4 SE 1B SE 2B SME 4 SE 3C SME 4 SME 2 SE 3B SE 2B SE 1B SE 3C SME 2 SE 3C SE 3C SE 3B SE 2B SE 1B SE 2A SE 3C SE 3B SE 3C SE 1B SME 1 SE 2B SE 2B SE 2B SE 1B SE 1B SE 2B SE 2B SE 1A SME 2 SE 3B SE 2B SE 2B SE 2B SE 2B SE 3B

JAMMU & KASHMIR 736 737 738 739 740 741 742 743 744 745 746 747 Alpha Menthol B.D.Security Pvt.Ltd. C. L. Gulhati and Sons Limited Celestial Polymers Dewa Engineers I. D. Sood Ispats Pvt. Ltd. Masters India N. S. Walnut Industries Prevest Denpro Ltd. Shamson's Industries Sud Pines Pvt. Ltd. Upkar Roller Flour Mills Pvt. Ltd. Jammu Jammu Jammu Jammu Jammu Jammu Jammu Jammu Jammu Jammu Jammu Jammu SE 2B SME 2 SE 3C SE 2A SE 2B SE 3B SE 3A SE 3C SE 1C SE 3B SE 3B SE 3B

JHARKHAND 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 Rajhans Refractories Pvt. Ltd. Atibir Hi-Tech Pvt.Ltd Bir Steels Pvt. Ltd. Carbon Resources Pvt Ltd. Minar Heat Transfer Pvt Ltd Ruby Mica Co. Pvt. Ltd. Ruby Oxygen Pvt Ltd. The Jai Mica Supply Co. Private Limited A Lakshmi Press & Forge Works Famica Press Industries (P) Ltd. Gajanand Udyog Pvt. Ltd. Jai Mangla Sponge Iron Pvt. Ltd. Jamshedpur Hand Pumps & Allied Products Jupiter Hi-Tech Systems Vinayak Precon Industries Aar Vee Industries Ltd Bhawani Ferrous Pvt. Ltd Classic Coal Construction(P) Ltd Divine Alloys and Power Co. Ltd Doyen Flyash Blocks Kamla Instruments Miki Wire Works Pvt Ltd. National Industrial Corporation Ram Kripal Singh Construction (P) Ltd S.S.H. Agrotech Pvt.Limited Shree Mahabir Refractories Works Shyamson India (P) Ltd. Technovation Corporation KARNATAKA 776 777 24 X 7 Learning Pvt. Ltd. A. R. Industries Bangalore Bangalore SE 1B SE 2B Dhanbad Giridih Giridih Giridih Giridih Giridih Giridih Giridih Jamshedpur Jamshedpur Jamshedpur Jamshedpur Jamshedpur Jamshedpur Jamshedpur Ranchi Ranchi Ranchi Ranchi Ranchi Ranchi Ranchi Ranchi Ranchi Ranchi Ranchi Ranchi Ranchi SE 2B SE 2B SE 2B SE 1A SE 3B SE 2B SME 5 SE 2C SE 3C SE 3B SE 2B SME 4 SE 3B SE 2B SE 3B SE 3B SE 2B SME 3 SE 3B SE 3B SE 3B SE 1A SE 2B SME 3 SE 3C SE 2C SE 3B SE 3B

11

CRISIL SME Connect

Sr No Company
843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 Polybond Organics Ltd. Poojya Containers Pvt Ltd Poorna Graphics Pradhan Mercantile Pvt Ltd Prajwal Rice Industries Pratham Motors Private Limited Prime Carbonic Industries Prime Gases Proseal Closures Ltd. Pure Carbo Gases Quality Insulated Conductors Radiant Infosystems Ltd. Rapid Moulders Pvt.Ltd. Rathna Mineral Enterprises Ravi Graphics RGV Telecom Private Limited RING FORGING Pvt Ltd RMM Foods Products S. D. T. C. Exports Pvt. Ltd. Saga Biotech Pvt. Ltd Samanthu Business Forms (P) Ltd. Sandur Power Company Ltd. Silkee Electronics Pvt. Ltd. Sirius Controls Private Limited SKF Boilers and Driers Private Limited Sobha Projects and Trade Private Limited Sri Krishna Spinning & Weaving Mills Private Limited Sri Shridevi Charitable Trust SS Fabcom India Pvt. Ltd. Star Exports & Imports Stonetech Diabrasive Ltd Super Packers Supreme Overseas Exports India Pvt Ltd Surin Automotive Private Limited Synthetic Packers Pvt. Ltd. Tasa Foods Private Limited Unique Punch Systems Private Limited Upkar Mining Private Limited Vista Infosystem Pvt Ltd Yagachi Auto Gadgets Pvt Ltd Belgaum Ferro Cast (India) Private Limited Durga Metal Profiles Girnar Alloys Private Limited Malaprabha Industries Plusone Machinefabrik Shanti Chemical Works Divyajyoti Steels Ltd. Hothur Steels Krishna Stone Tech Private Limited Mahesh Extructions Ltd. Narayan Engineers Bellad & Company Bellad and Company Private Limited Bellad Enterprises Pvt. Ltd. Miven Mayfran Conveyors Private Limited shree Heat Treaters and Engineering VSFT Quilts & Pillow Pvt. Ltd Abharan Motors Private Limited Achal Cashews Pvt. Ltd. Achal Industries Baliga Fishnets Dighantha Mudrana Limited Malnad Cashews Mangalore Minerals (Pvt.) Ltd.

City
Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Bangalore Belgaum Belgaum Belgaum Belgaum Belgaum Belgaum Bellary Bellary Bellary Bellary Bellary Hubli Hubli Hubli Hubli Hubli Hubli Mangalore Mangalore Mangalore Mangalore Mangalore Mangalore Mangalore

Rating Assigned
SE 1B SE 3B SE 3B SE 2B SE 4C SME 2 SE 3C SE 3C SME 2 SE 3B SE 3B SE 3B SE 3B SE 2B SE 3B SE 2B SE 2B SE 3C SME 2 SE 2C SME 3 SME 1 SE 2B SE 3B SE 2B SME 1 SME 3 SME 2 SE 2B SME 2 SE 3C SE 2B SE 2B SME 1 SE 2B SE 3C SE 2C SME 4 SE 2B SE 2C SE 2B SE 2B SE 2B SE 2B SE 2A SE 2B SME 4 SME 3 SE 2C SE 2C SE 2B SE 2C SE 2C SE 2C SE 1A SE 3B SME 5 SE 2A SE 3B SE 3B SE 2A SE 2C SE 2B SE 2C

Sr No Company
907 908 909 910 911 912 913 914 915 916 917 918 919 Plama Plastics Ltd. Raj Fishmeal & Oil Co. Shagil Precision India Sindhu Plastics Sterling Foods Udaya Steels Arvee Chempharma Private Limited Darshan Packaging KMS Coach Builders Private Limited Pattabi Enterprises Rasandik Auto Components Pvt Ltd Varsha Cables Pvt. Ltd. Vinyas Innovative Tech. Pvt. Ltd.

City
Mangalore Mangalore Mangalore Mangalore Mangalore Manipal Mysore Mysore Mysore Mysore Mysore Mysore Mysore

Rating Assigned
SE 3B SE 3B SE 3C SE 2B SE 2B SE 3C SE 3C SE 2B SE 2B SE 1B SE 3C SE 2B SE 2B

KERALA 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 Devi Wires Kanti Floor Furnishers Best Wood Industries Jothis Cones Pvt. Ltd. ACE Motors Private Limited Bharat Bakers Dhanwanthari Herbal Products Guideline Innovative Solutions Pvt. Ltd. IGA Tech Industrial Electronics Pvt. Ltd. Niseema Printers & Publishers Sterling Farm Research & Services Pvt Ltd K.K.R. Agro Mills Private Limited K.K.R. Flour Mills K.K.R. Food Products K.K.R. Mills
Mathstraman Manufacturers & Traders Pvt Ltd

S.N. Rice Mills Benzy Food & Beverages Pvt. Ltd. BESL Infra Projects Ltd. Digital Mesh Softech India Pvt. Ltd. Eastern Aqua Mineral Geo Foundations & Structures Pvt. Ltd. J & A Foundations Private Limited IPSR Solutions Ltd. Jaimatha Estates Kotts Polymer Industries Perincheril Rubbers T.J.P Rubber Industries T.J.P. Industries Indees Food Industries Shree Rama Industries - Unit I Sinicon Controls (P) Ltd. Sleeves India Pvt. Ltd. Sreerama Industries (Unit-II) Sreerama Scaffold Systems Poabs Granite Products Pvt. Ltd. Rain Concert Technologies (P) Limited Santhome Latex Enterprises Lunar Rubbers (P) Ltd Sirex Designer Tiles Toyo Rubbers Direct Publishers Mode Advertisers Molly Enterprises Poly Industries Southern Union Pharmaceuticals (Kerala) Pvt. Ltd. Sri Ayyappa Pappad Industries

Alappuzha Alleppey Aluva Alwaye Calicut Cochin Cochin Cochin Cochin Cochin Cochin Ernakulam Ernakulam Ernakulam Ernakulam Ernakulam Ernakulam Kochi Kochi Kochi Kochi Kochi Kochi Kottayam Kottayam Kottayam Kottayam Kottayam Kottayam Palakkad Palakkad Palakkad Palakkad Palakkad Palakkad Pathanamthitta Trivandrum Trivandrum Thodupuzha Thodupuzha Thodupuzha Thrissur Thrissur Thrissur Thrissur Thrissur Thrissur

SE 3B SE 2B SE 3C SE 2B SME 2 SE 2B SE 2B SE 3C SE 2A SE 2B SE 2B SME 3 SE 2B SE 2B SME 3 SE 2B SE 2B SE 2C SE 2C SE 2A SE 4C SE 2B SE 2B SE 2B SE 3B SE 4C SE 2C SE 3C SE 3C SE 3B SE 3B SE 2C SE 3C SE 3B SE 3B SE 2B SE 3B SE 2B SE 1B SE 2B SE 3C SE 2B SE 3C SE 3C SE 3C SE 1B SE 3C

12

CRISIL SME Connect

Sr No Company
967 968 969 970 Sunil Catering Services Thrissur Wovens (P) Ltd. Victoria Polyform Ambigai Engg. Works

City
Thrissur Thrissur Thrissur Trichur

Rating Assigned
SE 3C SE 3C SE 2B SE 2C

Sr No Company
1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 Dhoot Compack Ltd. Klassic Wheels Pvt. Ltd. Kontak Comforts Pvt. Ltd. Ramdas Rolling Mill Pvt. Ltd. Sai Engineers & Machineries Pvt. Ltd. Siddhi CNC Pvt. Ltd. Siddhi Forge Pvt. Ltd. Valency Compounds Services Pvt. Ltd. J. S. Cotton Industries Manikji Metachem Pvt Ltd Bhuwaneshwari Refineries Pvt. Ltd. Indrajit Singh Chhabra Jadhao Agro Industries Pvt. Ltd. Palekar Bakery Pvt. Ltd. Parasnath Industries Pvt Ltd Apul Hi - Tech Aurangabad Food Industries Dhoot Polyfabric Private Limited Grind Master Machines Pvt. Ltd. Hifield-Ag Chem India Pvt. Ltd. Maharashtra Metal Industries Pvt. Ltd. Manisha Infrastructure Pvt. Ltd. Micro Machining Services Omech Engineering Co. Pvt. Ltd. Parason Machinery (India) Private Limited Pradeep Fibres Pvt. Ltd. Precisions Engineers Prithvi Prakashan Pvt. Ltd. Rachana Industries Raja Tools S. S. Engineering Works Sahyog Engineering Pvt. Ltd. SAI Enterprises Shri Gajanan Oil & Agro Products Industries Pvt. Ltd. Shri Rajendra Fibre Snehal Plastic Industries Sourabh Heat Treatments Specialty Polyfilms (I) Pvt. Ltd. Sun Diapet Swajit Abrasives Pvt. Ltd. Swajit Engineering Pvt. Ltd. Swajit Thermotreat Pvt. Ltd. Tapadia Constructions Ltd. Tool Tech Toolings Yeshshree Press Comps Pvt. Ltd. Bansal Solvents Pvt. Ltd. Gajanan Extraction Ltd. Vaidyanath Sahakari Sakhar Karkhana Ltd. Yogeshwari Sugar Industries Ltd. Datta Irrigation Company Gopal Pulse Processors Pvt. Ltd. Kogta Global Pvt. Ltd. Kogta Import Export Pvt. Ltd. Kogta International Pvt. Ltd. Krishna Cotton Mahaveer Ginning And Pressing Manraj Motors Pvt. Ltd. Matoshree Ginning & Pressing Factory Nitiraj Engineers Pvt. Ltd. Prem Grain Industries Pvt. Ltd. R.K. Patel & Co. Tobacco Processors Sachin Udyog Satpuda Automobiles Sikhwal Udyog

City
Ahmednagar Ahmednagar Ahmednagar Ahmednagar Ahmednagar Ahmednagar Ahmednagar Ahmednagar Akola Akola Amravati Amravati Amravati Amravati Amravati Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Aurangabad Beed Beed Beed Beed Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon Jalgaon

Rating Assigned
SME 2 SE 3C SE 2B SE 3C SE 2B SE 2B SE 2B SE 2B SE 2B SE 2B SE 3B SME 3 SE 3C SE 3B SE 2B SE 3B SE 3B SE 3B SE 1B SE 2A SE 2B SME 3 SE 3C SE 3C SE 2B SE 3B SE 1A SME 1 SE 3B SE 2B SE 3C SE 3B SE 3B SE 3C SE 3B SE 3C SE 3C SME 3 SE 2B SE 3B SME 2 SE 3B SME 3 SE 2B SE 1C SE 2B SE 2A SME 3 SME 5 SE 3C SE 2B SE 2C SE 3B SE 2C SE 2C SE 3C SE 2B SE 3C SE 2A SE 2C SE 3C SE 3B SE 2C SE 3C

MADHYA PRADESH 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 Bend Joints Pvt Ltd Bhopal Switchgears Pvt. Ltd. E. M. Electro Mechanicals Pvt. Ltd. H.K.Cotton Industries M. P. Board And Paper Mills Pvt. Ltd. Nikhil Sugar Ltd. Serman (India) Road Makers Pvt. Ltd. Vaishnav Fibre Ltd. Navkar Impex Pvt. Ltd. Bakul Castings Pvt. Ltd. Gajra Gears Pvt. Ltd. K M Crown Welding Consumables Pvt Ltd Banmore Foam Pvt. Ltd. Chambal Dairy Products Jai Maruti Gas Cylinders Ltd. Precision Industrial Systems Prem Motors Pvt. Ltd. Sun Ultra Technologies Private Limited Vectus Industries Limited Ambika Solvex Ltd. Arya Filaments (P) Ltd. C. P. Industrial Products Ltd. Cee Cee Power Hydraulics Pvt. Ltd. Chhaganlal Kishanlal & Company CMM Infraprojects Ltd. Eagle Seeds And Biotech Ltd. Ferro Concrete Const (I) Pvt. Ltd. Hertz Electronics Indra Marshall Oil Engines ITL Industries Limited Jash Precision Tools Ltd. Laxmi Pipes & Fittings Pvt. Ltd. Mahadhan Seeds Pvt. Ltd. Mahalaxmi Extrusions Monemika Industries Narayan Niryat India Private Limited Narendra Cotfibre Industries Narendra Industries R. S. Electricals Pvt. Ltd. Rajesh Industries Raneka Industries Ltd. Sai Machine Tools Pvt. Ltd. Sarvottam Vegetable Oil Refinery Pvt. Ltd. SCC Projects Private Limited Shree Tirupati Balajee Agro Trading Co. Pvt. Ltd. Shree Venkateshwar Cotton Co. Socrus Pharmacuticals Ltd. Syncom Helath Care Ltd. Primo Pick N Pack Ltd. Ajay Food Products (Katni) Pvt. Ltd. Mahakoshal Refrectries (P) Ltd. Vyanktesh Corrugators Pvt. Ltd. MAHARASHTRA Bhopal Bhopal Bhopal Bhopal Bhopal Bhopal Bhopal Bhopal Chindwara Dewas Dewas Dewas Gwalior Gwalior Gwalior Gwalior Gwalior Gwalior Gwalior Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Indore Jabalpur Katni Katni Ujjain SE 1B SE 1B SE 1A SE 3C SE 2B SME 5 SE 2B SE 2B SE 3B SE 2B SME 4 SE 3C SE 1B SE 2B SE 1A SE 3B SE 1B SE 2B SE 2A SME 2 SE 2B SE 3B SE 1B SE 3B SME 3 SE 1B SE 2A SE 3B SE 2C SE 1B SE 1B SE 1C SE 2B SE 3B SE 3C SME 3 SE 3B SE 3B SE 2B SE 4C SE 1B SE 2B SE 2B SME 2 SE 1B SE 3B SE 1A SE 1B SME 2 SE 1B SE 1B SE 2B

13

1023 Dhananjay Industries

Ahmednagar

SE 3B

CRISIL SME Connect

Sr No Company
1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 Tirupati Fabricators Pvt. Ltd. Vinay Agro Industries Vitrag Agro Industries Abhay Cotex Pvt. Ltd. Mulchand Phulchand Krishi Udhyog Pvt Ltd Shri Om Rolling Mills Private Limited Vinodrai Engineers Pvt. Ltd Allied Products Budhale & Budhale Budhale Engineers Pvt. Ltd. Caspro Metal Industries Pvt. Ltd. Castall Industies Ceraflux India Pvt. Ltd. Consolidated Eutectics (Kolhapur) Pvt Ltd DN Wind Systems India Pvt. Ltd. Metallurgy Collaboration Parikh Udyog Perfect Pins Polychemical Fibroplast Pvt. Ltd. Preci Fab Engineers Rocket Engineering Corporation Pvt Ltd Rushikesh Paper Mills Pvt Ltd S. B. Reshellers Pvt. Ltd. S. G. Phyto Pharma Pvt. Ltd. Super Craft Foundary Versatile Engineers 3D Technopack Ltd 5 Star Galvanizers 8.V.Exports Aarvi Encon Pvt. Ltd. Abhishekh Organics Pvt. Ltd. Aeroflex Industries Ltd. Aerolite Engineers Pvt. Ltd. Agarwal Industries Agarwal Petrochem Pvt. Ltd. AKRY Organics Pvt. Ltd. Alankar Fabricators and Engineers Alert Fire Protection Systems Pvt. Ltd. Alliance Engineering Company Amee Metals Pvt. Ltd. Ameeja Enterprises Amisha Vinyls Private Limited Ammonia Supply Company Anchor Cork Pvt. Ltd. Anchor Mark Pvt. Ltd. Anita Medical Systems Pvt. Ltd. Antony Garage Pvt. Ltd. Aquachem Enviro Engineers Pvt. Ltd. Arihant Dyechem Arochem Industries Arun Bros. Ashapura China Clay Company Ashish Life Science Pvt. Ltd. Ashtvinayak Construction ASMACS Associated Power Structures Pvt Ltd Auto Power Automatic Electric Ltd. Autopack Machines Private Limited Avi Global Plast Private Limited Bachhil Steel Pvt. Ltd. Badamia Containers Balaji Cars Private Limited Balaji S. S. Sheets Pvt. Ltd. Balbir Rolling Mills Ltd.

City
Jalgaon Jalgaon Jalgaon Jalna Jalna Jalna Jalna Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Kolhapur Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai

Rating Assigned
SE 3B SE 3B SE 3B SME 4 SE 3B SME 3 SE 2B SE 2B SE 2B SE 2B SE 1A SE 2B SE 1A SE 2B SE 3B SE 2B SE 2B SE 5C SE 3C SE 2C SE 1B SE 3B SE 1A SE 2B SE 1A SE 3B SME 4 SE 3B SE 2B SME 1 SE 2C SME 1 SE 2B SE 3B SE 2B SE 2A SE 2B SE 2A SE 2A SE 2B SE 2B SME 2 SE 2B SE 2B SE 2B SME 3 SE 2B SE 1A SE 2C SE 2B SE 2C SE 2B SE 2B SME 3 SME 1 SME 1 SE 2B SE 2B SE 1B SME 3 SE 3B SE 2C SME 4 SE 3B SE 2A

Sr No Company
1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 Bharat Chemicals Bharatiya Plastic Products Bhavna Chemical Industries Borax Morarji Ltd. Britacel Silicones Ltd. Buneesha Chem Pvt Ltd. Career Avenues (I) Pvt. Ltd. Cedar Decor Pvt. Ltd. Chemax Multikotes(I) Pvt. Ltd. Chemco Dyestuffs Pvt. Ltd. Chhaya Gems Color Copi (India) Services Connectwell Industries Pvt. Ltd. Core Chemicals (Mumbai) Pvt. Ltd. Crystal Plastics and Metallizing Pvt. Ltd. Daga Global Chemicals Ltd Daman Polymers India Pvt. Ltd. Decorative Products Deepak Diamonds Deepak Industries Deesan Agro-Tech Ltd. Devashish Infrastructure Pvt Ltd Devashish Interiors Pvt Ltd Dima Products Dinesh Engineers Pvt. Ltd. Dinshaw Filtration Systems Pvt. Ltd. Dipesh Engineering Works Duke Plasto Technique Private Limited Durable Packaging Industries Durian Industries Ltd. Dynacrafts Air Controls Dynamic Flow Products Pvt. Ltd. Eagle Star Industries Elcome Marine Services Pvt. Ltd. Eleganza Jewellery Ltd EMMBI Polyarns Limited Entod Pharmaceuticals Ltd Eric Apparel Pvt. Ltd. Eurotech Cylinders Pvt. Ltd. Excellent Engineering & Allied Services Pvt. Ltd. Fab Industries Fineline Circuit Company Four Pillars Communications Pvt Ltd G P Offset Pvt Ltd Gajra Differential Gears Pvt. Ltd. Gayatri Paper Mills Pvt. Ltd. Geneous Paint Pvt. Ltd. Global Energy Food Industries Glow Pharma Pvt. Ltd. Guddi Plastcon Pvt Ltd. Hardware Trading Corporation Haribhakti MRI Corporate Services Pvt Ltd Harsiddha Engineering Works HI-Point Services (India) Pvt. Ltd. Homa Engineering Works Home Line Products Indu Industries Inmarco Industries Pvt Ltd Innovative Organics (100% EOU) Intermedia Prints Pvt Ltd Janak Healthcare Private Limited Jasma Engineering Jayant Printery Jejani Pulp & Paper Mills Pvt. Ltd.

City
Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai

Rating Assigned
SE 2B SE 2B SE 2B SME 2 SE 2B SE 2A SME 2 SE 2B SE 2B SE 2C SE 2C SME 4 SME 1 SE 2B SE 2B SME 2 SE 2B SE 3C SE 2B SE 3B SE 1B SE 1B SE 1B SE 2B SME 4 SE 3C SE 2B SE 2B SME 4 SE 2A SE 1A SME 2 SE 2A SME 1 SME 1 SME 2 SE 2B SE 2A SE 2A SE 2B SE 2B SE 2A SE 1B SME 2 SME 4 SE 3B SE 2B SE 2B SE 2B SE 1A SME 2 SE 1B SE 2B SE 2B SE 3C SE 1B SE 3C SE 1A SE 2A SME 3 SME 1 SE 2A SE 2C SE 2B

14

CRISIL SME Connect

Sr No Company
1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 Jenburkt Pharmaceuticals Ltd. Jodhani Exports Jorss Rubber Polymers Jyoti Plastic Works Pvt. Ltd. K Nine Writing Systems K. Patel Metal Industries Pvt. Ltd. Kasliwal Automotives Pvt. Ltd. Kaushal Silk Mills Pvt. Ltd. Kome Steel Industries Pvt. Ltd. Konark Infrastructure Ltd. Konark Petro Products (I) Pvt. Ltd. Konark Projects Pvt. Ltd. Kores Printer Technology Pvt. Ltd. Krystal Steel Mfg. P. Ltd. Kusumgar Corporates Private Limited L. N. Chemical Industries LabIndia Instruments Pvt. Ltd. Lasons India Pvt. Ltd. Lexi Pens (India) Pvt. Limited Lilly Maritime Pvt. Ltd. Loba Chemie Pvt. Ltd. London Star Diamond Co. (I) Pvt. Ltd. Lumino Industries Ltd. M. M. Ceramics & Ferro Alloys M. S. Engineers Maa Ashish Textile Industries Pvt. Ltd. Madhuban Motors Pvt. Ltd. Maharana Pratap Education Center Mahendra Corporation Maldar Barrel Pvt. Ltd. Mandev Tubes Pvt Ltd Manik Machinery Mfgrs. P. Ltd. Manika Moulds Pvt Ltd Marine Electronics & Navigation Systems Pvt. Ltd. Markoline Traffic Control Pvt. Ltd. Marvel Gloves Industries Meera Cotton & Synthetic Mill P. Ltd. Mega Engineering Pvt. Ltd. Mehta Api Pvt. Ltd. Mehta Petro Refineries Ltd. Mehta Pharmaceutical Industries Mehta Syntex Pvt. Ltd. Metalsales Manufacturing Co. Pvt. Ltd. Mevada Engineering Works Pvt. Ltd. MFC Transport Pvt. Ltd. Modern Engineering and Spring Company Modhera Chemicals Pvt Ltd Momai Impex Money Packers MRK Packaging MTC Business Pvt Ltd Nandan Ground Support Equipment Pvt Ltd Narhari Engineering Works National Cement Pipe Co. Navbharat Industrial Needs Newkem Engineers Pvt. Ltd. Newkem Products Corporation Nik - San Engineering Company Pvt. Ltd. Orbit Wires Industries Oswal Udhyog Outdoor Advertising Professionals (I) Pvt Ltd Panama Engineering Enterprise Paramount Forge Paras Auto Industries

City
Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai

Rating Assigned
SE 1A SME 4 SE 3C SE 1A SE 3B SE 1B SME 4 SE 2B SE 2C SE 1B SE 1B SE 3B SE 2B SE 3C SE 2B SE 1A SE 1A SE 1B SME 1 SME 3 SE 1A SME 3 SME 2 SME 3 SE 1A SE 2B SME 4 SME 3 SME 5 SE 2B SE 1B SE 2B SME 2 SE 2C SE 2B SE 1B SME 2 SE 1B SE 2C SE 2B SE 2A SE 3B SE 3B SE 1B SME 2 SE 2B SE 1A SE 3C SE 2B SE 2A SME 2 SE 1B SE 2A SE 3B SME 5 SME 2 SE 2A SE 1B SE 3B SE 2B SME 2 SE 3B SE 1A SE 3C

Sr No Company
1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 Parasrampuria Engineers Parekh Aluminex Limited Permeshwar Creations P. Ltd. Permeshwar Fashions Impex P. Ltd. Pollution Protection Systems Mumbai Pvt Ltd Poly Blow Industries Polysil Pipes Polytronic Corporation Premier Hollowares P. Ltd. Presswell Filters Pvt. Ltd. Print Control Priyheer Infrastructures Pvt. Ltd. Protochem Industries Pvt Ltd Punit Construction Co. Purav Industries R. D. Engineers (India) Pvt. Ltd. Rachna Plasticzers Radiant Computer Technologies Raghuvanshi Exports Rahul Synthetics Pvt. Ltd. Raiyani Brothers Ram International Ramani Exports Rambo Fashion Ltd. Redflames Alloyz Pvt. Ltd. Regency Nirman Ltd. Relicab Cable Corporation Revathi Enterprises Rite Developers Pvt. Ltd. Robotic Equipments Rohit Infra Projects Private Limited Rolliflex Industries Rolson Industries (I) Ltd. Rolson Synthetics Pvt. Ltd. Romil Enterprises Rupam Impex S D Fine-Chem Limited S. P. Steel Corporation S. S. B. Metal Work's S.A.F.Refrigeration Engineering Salvi Chemical Industries Ltd. Samrat Remedies Ltd. Samrudh Pharmaceuticals Pvt. Ltd. Sanjivani Paranteral Ltd. SBIW Steels Pvt Ltd. Scope T & M Pvt. Ltd. Scorpion Containers Pvt. Ltd. Sea Hawk Marine & Allied Services Pvt Ltd Service Syndicate Shivali Udyog Ltd. Shobha Asar Jewellery Pvt. Ltd. Shree Balaji Processors Shree Krishna Polyfilms Pvt. Ltd. Shree Pack Industries Shree Ram Sponge & Steels Pvt. Ltd. Shree Ramkrishna Electro Controls Ltd. Shreeji Screen & Filters Shreeram Engineers Shrinil Industries Shubh Enterprises Siddharth Constructions Siddhartha Logistics Co. Pvt. Ltd. SIMA Products Sinic Electronics Pvt. Ltd. Sisco Research Laboratories Pvt. Ltd.

City
Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai

Rating Assigned
SE 2C SME 1 SE 3B SE 2B SME 3 SE 3B SE 2A SE 3C SE 1A SE 2C SME 4 SME 4 SE 1A SME 4 SE 2B SE 2C SE 1A SME 4 SE 2B SME 3 SE 3B SE 3B SE 2B SME 3 SE 3B SE 2B SE 2B SE 1B SME 4 SE 2C SME 4 SE 1A SE 3B SE 3C SE 3C SE 2B SE 1A SME 4 SE 2B SE 2B SME 3 SE 2B SE 2B SE 1A SME 4 SE 2B SE 2B SE 3B SE 2B SME 3 SE 1B SE 3B SE 2C SE 3C SME 3 SE 3C SE 3B SE 3C SE 3C SME 4 SME 3 SME 2 SE 2B SE 2B SE 2B

15

CRISIL SME Connect

Sr No Company
1346 1347 1348 1349 1350 1351 1352 1353 1354 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1365 1366 1367 1368 1369 1370 1371 1372 1373 1374 1375 1376 1377 1378 1379 1380 1381 1382 1383 1384 1385 1386 1387 1388 1389 1390 1391 1392 1393 1394 1395 1396 1397 1398 1399 1400 1401 1402 1403 1404 1405 1406 1407 1408 Smart I Electronics Systems Pvt. Ltd. Smruta Engineering Industries Pvt Ltd. SMS Scientific Products Pvt. Ltd. Solitaire Machine Tools Ltd. Souza Hatcheries Speciality Industrial Polymers & Coatings Pvt. Ltd. Sui Generis Appliances Pvt. Ltd. Suketu Organics Pvt Ltd Sun & Kingly Pharmaceuticals Pvt. Ltd. Sundersons Logistics Pvt. Ltd. Sunmar Industries Sunrise Gold Alloys Pvt. Ltd. Sunrise Metallic India Pvt. Ltd. Supremex Equipments Suraaj Linens Pvt Ltd Suraj Air Flow Engineers Swastik Wire Industries Pvt. Ltd. Tech Seal Engineering Pvt. Ltd. Technocrats Plasma Systems Pvt. Ltd. Temple Packaging Pvt. Ltd. Themis Laboratories Pvt Ltd Tirupati Texturizers Topaz Exports Transpower Switchgear Industries Trishla Steel Center Unique Chemoplant Equipments Unitech Fibres Pvt. Ltd Universal Asphalt Products & Construction Company Vallabhbhai Dhanjibhai And Co. Valrack Modular Systems Pvt. Ltd. Vardhaman Technology Pvt. Ltd. Varni Gems Vcorr Packsys Private Limited Veer Metal Industries Pvt. Ltd. Veto Electropowers India Pvt.Ltd. V-Excel Spares & Equipment P. Ltd. Vikram Plasticizers Vipul Dyechem Ltd. Viral Founders Pvt. Ltd. Vitarich Agro Food (India) Limited. Vora Packaging Pvt. Ltd. Waaree Energies Pvt. Ltd. Waaree Instruments Ltd. Waaree MM Petro Tech Pvt. Ltd. Wellknown Polyester Limited Western Metaflux Pvt. Ltd. Western Press Pvt. Ltd. Western Steel Drums Pvt Ltd Wirecom (India) Private Limited Yash Enterprises Yash Poly Industries Pvt Ltd Zeemag Industries Zenith Computer Ltd. Zenith Infotech Ltd. Aditya Air Products Pvt. Ltd. Agrawal Poha Mill B. P. Industries Enestee Engineering Pvt. Ltd. Friends Timber (P) Ltd. Ganga Iron & Steel Trading Co. Golechha Housing & Infrasturcture Pvt Ltd Hariwansh Packaging Products Harrier Information Systems Pvt. Ltd.

City
Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Mumbai Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur

Rating Assigned
SE 2B SE 2B SE 2B SME 1 SE 2B SE 1B SE 3C SE 3B SE 2C SME 1 SE 2B SE 2B SE 2B SE 2B SME 4 SE 2A SE 3B SE 3B SE 2B SME 3 SME 1 SE 2B SE 3C SE 3C SE 2C SE 2B SE 3C SE 3B SE 2B SE 1B SE 1B SE 3B SE 2B SE 2C SE 2A SE 2B SE 1A SE 1B SE 3C SE 2B SE 2B SME 5 SE 1A SE 3C SME 2 SE 2C SME 2 SE 2B SE 2B SE 2A SE 2C SE 2A SE 1B SE 1A SE 1B SE 3C SE 3B SE 2B SE 2C SME 3 SME 4 SE 2C SE 3B

Sr No Company
1409 1410 1411 1412 1413 1414 1415 1416 1417 1418 1419 1420 1421 1422 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 1438 1439 1440 1441 1442 1443 1444 1445 1446 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 Hartex Tubes Pvt. Ltd. Hindustan Metal Company Indo Flame Petrochemicals Ltd. Indo Unique Flame Ltd. Indus Paper Boards Pvt. Ltd. JDS Transformers Industries Pvt. Ltd. Kaushik Udyog Ltd. Lyra Polymer Mecgale Pneumatics Pvt. Ltd. Micropark Logistics Pvt. Ltd. MPM Private Ltd Nagpur Transwell Power Pvt. Ltd. Omkar Agrotech Private Limited Omkar Polymers Pvt. Paramount Conductors Ltd. PMA Construction Company Radiant Lubes (P) Ltd. Ramsons Castings Pvt. Ltd. Ramsons TMT Private Limited Raviraj Plastics Shree Vyankateshwara Glass Pvt. Ltd. Sunder Rolling Mills Pvt. Ltd. Surya Spinners Swastik Cement Products Tajpuriya Wood Works Pvt. Ltd. Tristar Retail Pvt Ltd Tristar Tradelink Pvt. Ltd. Unijules Life Sciences Ltd. Akshay Drycleaners Sai Smaran Food Limited Shiva Fertilizers Ltd. Shree Krishna Khandsari Sugar Mills Shri Satyasai Oil Industries & Refinery Sree Siddarameshwara Agro Industries A. D. Wines Aksharchitra Ambar Forge Pvt. Ltd. Anish Pharma Equip Pvt. Ltd. Autocop (India) Pvt. Ltd. Babanlal Bhikulal Fibers Pvt. Ltd. Boraste Agro Impliments & Allied Industry Copper Semis Pvt. Ltd. Electrofab Innovations (I) Pvt. Ltd. Essey Engineering Company Herodex Power Systems Pvt. Ltd. Icon Industries Intimate Packwell Pvt. Ltd. Kaizen Measuring Systems (P) Ltd. Karan Development Services Pvt. Ltd. KCK Exports Limited Keystone Appliances Pvt. Ltd. Kimplas Piping Systems Ltd. Lakhotia Polyesters (I) Pvt. Ltd. Lata Power Control Engineers (P) Ltd. Madhav Capacitors Pvt. Ltd. Mahacot Textiles Pvt. Ltd. Mayur Valve Company Mega Fabricators Pvt. Ltd. Neelay Industries Neelay Metal Industries Nipo Systems Pvt. Ltd Panchvati Valves & Flanges Pvt. Ltd. Prathoma Switchgears Pvt. Ltd. Precision Forging And Stamping Radhey Forgings Pvt. Ltd.

City
Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nagpur Nanded Nanded Nanded Nanded Nanded Nanded Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik

Rating Assigned
SE 2B SE 3C SE 4C SE 2B SE 3C SE 2C SE 2B SE 3C SE 1B SE 3C SE 1B SE 2B SE 3C SE 2B SME 2 SE 3B SE 3B SE 2B SE 2B SE 3B SE 2B SE 3B SE 3B SE 4C SE 2B SME 2 SME 2 SE 1B SE 2B SE 2B SE 1B SE 2B SE 2B SE 3B SE 3C SE 2C SE 2B SE 2C SME 2 SE 3B SE 2B SE 2B SE 2C SE 3C SE 2A SE 3B SE 3B SE 2B SME 2 SME 2 SME 2 SME 3 SE 3C SE 3B SE 1B SE 3B SE 2C SE 2B SE 2B SE 2B SE 3B SE 2B SE 2C SE 2B SE 2B

16

CRISIL SME Connect

Sr No Company
1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 1505 1506 1507 1508 1509 1510 1511 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 1535 1536 1537 1538 S. S. Enterprises Saini Engineering Works Sam Consultech Sercon Electro Systems Pvt. Ltd. Shivam Polymers Shree Madhur Foods Products P. Ltd. Shweta Infrastructure & Housing Pvt. Ltd. Shweta Print Pack Pvt Ltd. Sivananda Electronics Somesh Forge Pvt. Ltd. Souvenir Developers India Pvt. Ltd. Spectrum Ethers Ltd. SW Metaform Pvt. Ltd. Tirupati Rubber Products United Engineers United Heat Transfers Private Limited Victor Switchgear Pvt. Ltd. Winjit Technologies Pvt. Ltd. Akshay Controls & Systems Pvt. Ltd. Bainite Machines Pvt. Ltd. Ejeyes Components Pvt. Ltd. Field Master Frontline Roll Forms Pvt. Ltd. Govik Electricals Pvt. Ltd. Kokama International Pvt. Ltd. Krasny Marine Services Private Limited Linia Engineering Services Miranda Automation Pvt. Ltd. N.K Bhojani (P) Ltd. Navanidhi Electronics Pvt Ltd New (India) Imaging Industries Pvt. Ltd. Nishotech Systems Pvt. Ltd. PAR Filters Prasol Chemicals Ltd. Quality Fabricators & Erectors S V Tank & Vessel Limited S. S. Engineering Savair Energy Ltd. Shalimar Valves Pvt. Ltd. Sharplex Filters (India) Pvt. Ltd. Shreechem Pharmaceuticals Pvt. Ltd. Symatic Engineering Pvt. Ltd. Trimec Machinery Manufacturing Co Pvt Ltd Valsons Fabricators Accutech Engineering Pvt Ltd Aditya Polymers Akson's Solar Equipments Pvt Ltd Alard Charitable Trust Anand Machine Tools Arch Infra Projects Nirman Pvt Ltd Ashruly Engineering Pvt. Ltd. Asmita Engineering Pvt Ltd Auric Techno Services Pvt Ltd Ayoki Fabricon Pvt.Ltd. Bhagyashree Accessories Pvt. Ltd. Carline Auto Pvt. Ltd Classic Automotive Industries Pvt Ltd Construction Catalysers Pvt Ltd Cosmos Construction Machineries & Equipments Pvt. Ltd. Cotmac Electronics Private Limited Cotmac Private Limited Crescent Coatings Cybernetik Technologies Pvt. Ltd Deccan Environmental Consultants

City
Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Nashik Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Navi Mumbai Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune

Rating Assigned
SE 3C SE 3B SE 2B SE 2B SE 2C SE 2C SME 3 SE 1B SME 2 SE 2C SME 4 SME 3 SE 2B SE 2B SE 3C SE 2B SE 2C SE 1B SE 2B SE 2B SE 2C SE 3B SE 3C SME 1 SE 2C SE 1A SE 3C SE 2B SME 4 SE 1B SE 2A SE 2C SE 2B SE 1A SME 3 SE 1A SME 2 SE 2B SE 1A SE 1B SE 2C SE 1B SE 3C SE 3B SE 3C SE 2B SE 2C SME 6 SE 3B SME 4 SE 3C SE 3C SE 2C SME 2 SE 2B SE 2B SE 1B SE 2B SE 2B SE 1A SE 1B SE 3B SE 1A SE 2B

Sr No Company
1539 Electrocoating & Insulation Technologies Pvt Ltd 1540 Emarkons 1541 Enpro Industries Pvt Ltd 1542 Fabtech Projects & Engineers Ltd. 1543 Ferrochem NDT Systems Pvt. Ltd. 1544 Furnitech Seating Systems (I) Pvt. Ltd. 1545 Futura Doors Products Pvt Ltd 1546 Ganesh Industries 1547 Hide & Seat 1548 Hitein Bushings Pvt. Ltd 1549 Indotech Industrial Solutions Pvt. Ltd. 1550 Industrial Metal Powders (India) Pvt. Ltd. 1551 Innotech Auto India Pvt. Ltd. 1552 Intech Surface Coating Pvt. Ltd. 1553 Jakap Metind Pvt Ltd 1554 JMD Engineering 1555 Joshi Agro Industries 1556 Kaustubha Udyog 1557 KF Bioplants Pvt. Ltd. 1558 Korrocoat Polymers Pvt. Ltd. 1559 Krishna Colours and Constchem Pvt. Ltd. 1560 Kuber Auto Pressing 1561 Mahati Electrics 1562 Matrix Auto 1563 Max Grip Fasteners Pvt. Ltd. 1564 Maya Engineering 1565 Melzer Chemicals Pvt. Ltd. 1566 Metafold Engineering Pvt. Ltd. 1567 Millennium Engineers & Contractors Pvt Ltd 1568 Nirmiti Stampings Pvt. Ltd 1569 Omega Process Engineers 1570 Orion Ropes Pvt. Ltd. 1571 Parag Gases & Chemicals Pvt Ltd 1572 Pascal Industrial Equipments Manufacturing & Consultancy Pvt. Ltd. 1573 Poona Pressings Pvt Ltd 1574 Poona Shims Pvt Ltd 1575 Power Control Engineers 1576 Pranu Plastics 1577 Precimax Engineers 1578 Process Masters Equipment (I) Pvt Ltd 1579 Pune Techtrol Pvt. Ltd. 1580 R R Scrap Merchant 1581 Ramelex Pvt. Ltd. 1582 Repute Engineers Pvt. Ltd. 1583 RICO 1584 Rohit Rubber Products 1585 Rushiprabha Engineers Pvt Ltd 1586 Saideep Electricals 1587 Savan Ancillaries 1588 SBEM Pvt Ltd 1589 Shraddha Energy and Infraprojects Pvt Ltd 1590 Shreeyash Electro Medicals 1591 Siddhivinayak Precast Pipes Pvt. Ltd. 1592 Silver Jubilee Traveller Ltd. 1593 Sita Polycoats 1594 Skytech Industries 1595 Sneha Bearings Pvt. Ltd. 1596 Softech Engineers Pvt. Ltd. 1597 Solcon Engineers Pvt. Ltd. 1598 Speciality Sintered Products Pvt. Ltd. 1599 SRC Chemicals Pvt. Ltd. 1600 Subhash Chemical Industries 1601 Sumax Enterprises Pvt Ltd

City

Rating Assigned
SE 2A SE 2B SE 1A SME 2 SE 2B SE 2B SE 3B SE 3B SE 3B SE 2B SE 2B SE 1B SE 3B SE 1B SE 1A SE 2B SE 3C SE 1B SME 1 SE 2B SE 3B SE 3B SE 1B SE 3B SE 2A SME 3 SE 2B SE 2B SME 2 SE 2C SE 3B SE 1B SE 2B SE 2B SE 2A SME 2 SE 2B SE 3B SE 3C SE 3C SE 1A SE 3B SE 2A SE 2B SE 1A SE 2B SE 2B SE 2B SE 3C SE 2B SME 3 SE 2A SE 2B SME 4 SE 2A SE 2B SE 1B SE 2B SE 1B SE 2B SE 2B SE 1A SE 2B

Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune

17

CRISIL SME Connect

Sr No Company
1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 1623 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 1646 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1658 1659 1660 1661 1662 1663 1664 Super Engineers Suyash Solutions Pvt. Ltd. Theta Controls Transparent Energy Systems Pvt Ltd Transworld Compressor Technologies Ltd Tulsi Rubber Products Pvt Ltd Unimax Engineers Utcon Engineers Pvt. Ltd. Veekhoy Metalika Pvt. Ltd. Vega Controls Private Limited Vipul Bright Steels Pvt Ltd Zawar Sales Pvt. Ltd. Health Secure (India) Pvt. Ltd. Pratap Re - Rollers Pvt. Ltd. Rane Rao Reshamia Laboratories Pvt. Ltd. Toyo Springs Ltd Konkan Food & Beverages Bharat Electrical Contractors & Manufactures Pvt. Ltd. Jsons Foundry Pvt. Ltd. Magnewin Magnetics PCE Electro Controls Pvt. Ltd. Prabhune Engineers & Fabricators Pvt Ltd Quality Power Electrical Equipments Pvt Ltd Rex Polyextrusion Ltd Shah Precicast Pvt. Ltd. Subhadra Petrochemicals Pvt. Ltd. Viraj Alchohol & Allied Industries Ltd. Western Precicast Pvt. Ltd. Bhonsale Leasing And Finance Co. Ltd. Micro Components Pvt. Ltd. Precision Camshafts Ltd. Bhavya Industrial Chemical Abigail Enterprises Akay Plastics Pvt. Ltd. Akhil Wires Pvt. Ltd. Arihant Industrial Corpn. Ltd. Cantronics Office Equipments Pvt. Ltd. Central Hardware Industries Chandan Enterprises Consolidated Dynamics Pvt. Ltd. Creamcem Coatings (India) Pvt. Ltd. D. Y. Engineers Dr. Khan Industrial Consultant Pvt. Ltd. Eagle Construction Co. Eagle Infra Projects India Ltd Envirocare Labs Pvt. Ltd. Fans Bro Erectors Federal Engineers Ganpati Oil & Foods Ltd. Hebbar Chemicals Pvt. Ltd. Hitech Auto Emission Control Limited Hurry Noth & Co. Pvt. Ltd. Indeerdeep Construction Co. Indus Industries Interlabels Industries (P) Ltd. J. Duncan Healthcare Pvt. Ltd. Jaguar Machinery & Spares Jayant Prints N Packs Kalpataru Organics Pvt. Ltd. Lalitha Chem Industries Pvt. Ltd. Logicon Building Systems Pvt. Ltd. Meditek Engineers Metropolitan Equipments & Consultants Private Limited

City
Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune Raigad Raigad Raigad Raigad Ratnagiri Sangli Sangli Sangli Sangli Sangli Sangli Sangli Sangli Sangli Sangli Sangli Satara Solapur Solapur Tarapur Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane

Rating Assigned
SE 2B SE 1B SE 2B SE 1B SE 1B SE 2B SE 3C SE 4C SE 3C SE 1B SE 2B SME 4 SE 3C SE 2B SE 2A SE 1B SE 3B SE 2A SE 2B SE 2B SE 2B SE 2C SE 1A SE 1A SE 1B SE 3B SME 5 SE 3C SME 4 SE 3C SME 1 SE 2C SE 2B SE 3B SE 2B SE 1B SE 2C SE 3B SE 2C SE 3C SE 2B SE 3B SE 2A SE 2A SE 2C SE 1B SE 3B SE 1A SE 1B SE 2B SE 4C SE 2B SE 2B SE 3C SME 3 SE 3C SE 3C SE 2B SE 1A SE 1B SE 2B SE 2B SE 1B

Sr No Company
1665 1666 1667 1668 1669 1670 1671 1672 1673 1674 1675 1676 1677 1678 1679 1680 1681 1682 1683 1684 1685 1686 1687 Multiform Machinery (Bom) Pvt. Ltd. National Chemical Industries Neogen Chemicals Ltd Nipa Enterprises P. M. Electro Auto Pvt. Ltd. P. P. Impex (India) Padmavti Pulp & Paper Mills Pankaj Industries Paper Plast Precise Alloys Pvt. Ltd. Quality Tech Engg. Works Regency Investments Regency Realities Runa Chemicals Pvt. Ltd. Saatveeka Trading Company Sairush Electronics Systems Soujanya Enterprises Subray Catal Chem Pvt. Ltd. Super Clean Industries Vimal Rolling Mills Zen Engineering ARCOM Shri Balaji Fibres

City
Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Thane Wardha Wardha

Rating Assigned
SE 3B SE 3B SE 1B SME 5 SE 2C SE 3C SE 2C SE 2C SE 3B SE 2B SE 3B SE 2B SE 2B SE 2B SE 2B SE 2B SE 1A SE 1B SE 2B SE 3C SE 2B SE 2B SE 3C

NEW DELHI 1688 1689 1690 1691 1692 1693 1694 1695 1696 1697 1698 1699 1700 1701 1702 1703 1704 1705 1706 1707 1708 1709 1710 1711 1712 1713 1714 1715 1716 1717 1718 1719 1720 1721 1722 1723 1724 A. S. Shoe Accessories (P) Ltd. Adhunik Yantra Udyog Pvt.Ltd. Aegean Offset Printers Airtrax Polymers Pvt Ltd Al-Nafees Frozen Food Exports Pvt. Ltd Asiatic Electrical & Switchgear Pvt Ltd B. C. Biyani Project (P) Ltd. Baddi Foils Pvt Ltd Balaji Wires Pvt. Ltd. Bansal Exports Bansal High Carbons Pvt. Ltd. Beekay Hosiery Industries Besoto Starting Systems Pvt.Ltd. Bio Services Brahm Arpan Organic Pvt.Ltd. BTM Exports Ltd. Bush Foods Overseas Private Limited Cap Cab India Ltd. CBM Industries Ltd. D. C. Biyani Educational Trust D. D. Agro Industries Ltd. Delux Cold Storage & Food Processors Ltd Unit Shree Bankey Behari Roller Flour Mills Durga Ispat Pvt. Ltd. Eastern Bearings Pvt. Ltd. Eastman Auto And Power Ltd. Educomp Solutions Ltd. EEI Capsules Ltd. Electrospark Forech India Ltd G. D. Dyestuff Industries Limited Higrow Industries Horizon Industrial Products Pvt. Ltd. Impetus Activewear Pvt Ltd Incom Cables Pvt. Ltd. International Cylinders (P) Ltd. K. K. Spun Pipe Pvt. Ltd. Laxmi Foils (P) Ltd. New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi SE 2B SE 2A SE 2C SE 2B SME 2 SE 1A SME 3 SE 2A SE 1B SME 3 SE 1B SE 2C SE 1B SME 3 SE 3C SME 3 SME 2 SE 2B SE 1A SME 5 SE 3B SE 2B SE 3C SE 2C SE 3C SME 1 SME 3 SME 2 SME 2 SE 2B SE 2B SE 2B SE 4C SE 2B SE 2B SE 2B SME 4

18

CRISIL SME Connect

Sr No Company
1725 1726 1727 1728 1729 1730 1731 1732 1733 1734 1735 1736 1737 1738 1739 1740 1741 1742 1743 1744 1745 1746 1747 1748 1749 1750 1751 1752 1753 1754 1755 1756 1757 1758 1759 1760 1761 1762 1763 1764 1765 1766 1767 1768 1769 1770 1771 1772 Lopan Metal Treatment Pvt. Ltd. M M Castings Pvt.Ltd. Malwa Power Pvt.Ltd. Mapsko Builders Pvt. Ltd. Metalite India (P) Ltd Mohan Gems & Jewels (P) Ltd. Pagoda Cables (P) Ltd. Patel Wood Products Ltd. Payal Polyplast Pvt. Ltd. Pentagon Rubber Pvt.Ltd. Precision Pipes & Profiles Co Ltd Prime Energy Pvt. Ltd. R. H. Agro Overseas Pvt.Ltd. R. L. Steel Ltd. Radnik Exports Rai Industrial Power Pvt. Ltd. Raj Kripal Lumbers Ltd. Rational Business Corporation Pvt. Ltd. Reidel (India) Chemicals Pvt. Ltd. Rhydburg Pharmaceuticals Ltd. Ribbel International Limited Rohde & Schwarz Sachdeva Print Arts Pvt. Ltd. Sadhu Auto Parts (P) Ltd. Safety Syndicate Sanco Industries Limited Sangam Plastics Industries Pvt. Ltd. Security and Intelligence Services (India) Ltd Shades Dyeing Mills Pvt. Ltd. Shakumbhri Expo - Impo Ltd. Shandar Paints Industry Shelly Industries Shree Bankey Behari Exports Ltd. Sight Sound Electronics (India) Pvt. Ltd. Special Cables Pvt. Ltd. SPM Auto Pvt.Ltd. STJ Electronics Private Limited Sukhmani Associates Pvt. Ltd. Telu Ram Amar Chand & Co. Thakar Equipment Company Tirupati Cylinders Ltd. Tirupati LPG Industries Ltd. Universal Offsets Vardhaman Impex Vidhur & Co.Pvt.Ltd. Vin Industries VRC Constructions India Pvt.Ltd. Windsor Cable Pvt. Ltd.

City
New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi New Delhi

Rating Assigned
SE 1B SE 2B SME 3 SME 5 SME 3 SME 4 SE 3B SME 3 SE 2A SE 2B SME 1 SME 3 SME 2 SME 1 SE 2A SME 4 SME 4 SE 1B SE 2C SE 2B SME 3 SME 1 SE 2C SE 3C SE 3C SE 2C SE 3C SME 1 SE 3B SE 1A SE 3A SE 3C SE 2B SE 2B SE 1B SME 3 SE 1B SME 4 SME 3 SE 3B SE 2B SE 2A SE 2C SE 4C SME 3 SE 2A SME 2 SE 2B

Sr No Company
1786 1787 1788 1789 1790 1791 1792 1793 1794 1795 1796 1797 1798 1799 1800 1801 1802 1803 1804 1805 1806 1807 1808 1809 1810 1811 1812 1813 1814 1815 1816 1817 1818 1819 1820 1821 1822 1823 1824 1825 1826 1827 1828 1829 1830 1831 1832 1833 1834 1835 1836 1837 1838 1839 1840 1841 Lakshmiganapathi Steels Pvt Ltd OCP India Pvt. Ltd. Ortel Communications Ltd. Portal Infotech Power Ware India Private Ltd. Prithwiraj Dairy Products Pvt.Ltd R.K.Motors Rameswar Agro Industries (P) Ltd S.B.International S.K. Industries Shree Jagannath Pipe & Tubes Silicon Institute of Technology Sri Dandeswar Rice Mill Sriram Industries Surendra Mining Industries (P) Ltd Swagat Urethane (P) Ltd Teekay Foams Pvt.Ltd The Amrapalli Resorts U.V.Hydraulics United Engineers Pvt. Ltd. Utkal Metal Wares Vishal Metalics Pvt.Ltd Aditya Steel Industries Ltd Akhandalmani electricals & Construction Binayak Aluminum Pvt.Ltd Chandi Supply Agency Eastern Foods Pvt. Ltd Eastern Industrial Lubricants H.M.Electricals Pvt.Ltd Konark Ceramics Pvt. Ltd. Maa Cosmetics Maa Durga Flour Mills Pvt.Ltd
Maa Durga Rice Processing & Exports Pvt Ltd

City
Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Cuttack Khurda Rajgangpur Rourkela Rourkela Rourkela Rourkela Rourkela Rourkela Rourkela Rourkela Rourkela Rourkela Rourkela Sambalpur Sundergarh Sundergarh

Rating Assigned
SE 3C SE 1B SME 2 SE 3B SE 3C SE 3C SE 4C SE 3B SE 2C SE 3C SE 4C SME 2 SE 3B SE 3B SME 5 SE 3C SE 3C SE 4C SE 3B SE 3C SE 3B SME 5 SE 2B SE 2A SE 2B SME 4 SE 2B SE 3B SE 3C SE 5C SE 3B SE 4C SE 3C SE 3C SE 3B SE 2B SE 3B SE 3C SE 3B SE 2B SE 1B SME 5 SE 3B SE 3B SME 4 SE 3B SME 3 SE 3C SME 3 SE 2B SE 3B SE 3B SE 3B SE 2B SE 2B SE 2B

ORISSA 1773 1774 1775 1776 1777 1778 1779 1780 1781 1782 1783 1784 1785 B. S. Industries Cables (India) Pvt. Ltd Perfect Wires Utkal Polyweave Industries (P) Ltd. Alaka Cosmetics Coir India Fiber Spaces Composite Pvt.Ltd Gupta Power Infrastructure Ltd. Hi-Tech Agroboards Pvt. Ltd. J. S. Industries J.B.C. Industries Kalinga Alloys Pvt.Ltd Kalinga Gases Pvt.Ltd Angul Balasore Balasore Balasore Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar Bhubaneshwar SE 3C SE 3C SE 3B SE 2C SE 3C SE 3C SE 5C SE 2A SE 5C SE 3C SE 2B SE 2B SE 2B

Mahavir Conductors Private Limited Manner Pharmaceutical Works Mutual Insulated Cables & Conductors Ltd Pasupati Feeds Petco Engineering Industries Soor Craft Industries Tulsi Spices & Foods (P) Ltd. Puran Alloy and Steel Pvt.Ltd Chariot Steel & Power Pvt Ltd Arun Steel Industries Private Limited Bal Gopal Food Products Pvt. Ltd. BRM Hi Tech Steels Pvt. Ltd. East India Steels Ltd. Jay Iron & Steels Limited Pal Metal Industries Rexon Strips Limited Shiv Metallicks Pvt. Ltd. Span Ispat Profiles Pvt. Ltd. Suman Industries Swastik Ispat (P) Ltd. Priti Oil Ltd. Maa Girija Ispat Pvt.Ltd. Weldtech Engineers PONDICHERRY

1842 1843 1844 1845 1846 1847

ABC Engineers Abirami Soap Works Acharya Educational Public Trust Adhi Sakthi Projects Ganesh Polymers Jayaram Hotels Private Limited

Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry

SE 3B SE 2B SME 3 SE 2B SE 3C SME 3

19

CRISIL SME Connect

Sr No Company
1848 1849 1850 1851 1852 1853 1854 1855 1856 1857 1858 1859 1860 1861 1862 Kaveri Alloy Casting (P) Ltd. M.K.Electronics Metal Scope (India) Pvt. Ltd. Naathan Medi Devices Pvt. Ltd. Omkar Fine Organics Pvt. Ltd. Planet 7 International Pondy Agro Chemicals Power Soaps Limited Praveen Chem Industry Selvas Plastics Selvas Polypacks Spiro Industrial Plastics Tristar Formulations Pvt. Ltd. True Cartons Varun Fibre Product

City
Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry Pondicherry

Rating Assigned
SE 2B SE 2C SE 1B SE 3B SE 2B SE 2B SE 2B SE 2A SE 2A SE 3B SE 3B SE 3B SE 3A SE 2B SE 3C

Sr No Company
1908 1909 1910 1911 1912 1913 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 Amar Singh & Sons Amar Wheels Pvt. Ltd. Aradhana Fabrics (P) Ltd. Auto International Bhandari Knit Exports Charu Auto Industries Chopra Steel Strips Davinder Exports Devi Powers Pvt. Ltd. Dolphin International Famina Knit Fabs Gobind Cycles Pvt. Ltd. Godwin Steels Pvt. Ltd. Harpreet Industries Inderjit Forgings Pvt. Ltd. Ishmeet Forgings Pvt. Ltd. Jagdamba Spinning & Weaving Mills K. S. Woollen Mills Kohinoor Woollens (P) Ltd. KSC Forge Pvt. Ltd. Kudu Fabrics Lakra Industries Ltd. Little Bee Impex Ludhiana Steel Rolling Mills M. T. International Marshall Machines (P) Ltd. Maxwell Inc Mukand Industries Pvt. Ltd. Neva Garments Ltd. New Swan Autocomp Pvt. Ltd. Nexo Structures Pvt. Ltd. Oswal Fashion Pvt. Ltd. P. S. Steel Industries Pabla Bearings Ltd. Pee Aar International Pvt. Ltd. Proficons Electronics Mfg. Co. Pvt. Ltd. PVM Enterprises Private Limited Rama Krishna Knitters Pvt. Ltd. Rolex Cycles Pvt. Ltd. S. K. Bikes Pvt. Ltd. Saber Packaging Private Limited Sadhu Engg. Works Sardar Jewellers (P) Ltd. Sharu Steels P Ltd Shramanji Fabrics Pvt. Ltd. Sidhi Vinayak Alloy Industries SLDR Fabrics Pvt. Ltd. Space Knitwears Pvt. Ltd. Sumit Wool Processors Suraj Udyog Surya Synthetics Swati Industries Unique Scientific Forgings Unistar Distributors Pvt. Ltd. Wave International Woolways (India) Ltd. Econ Tooling Sytems (P) Ltd. Gahir Paper Mills Ltd. Jaimata Foods Ltd. Maghan Packers Pvt.Ltd. National Tin Industries The Nexus Inc Saggu Engineering Industries Savera Soap Mills

City
Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Ludhiana Mohali Sangrur Sangrur Sangrur Sangrur Sangrur Sunam Sunam

Rating Assigned
SE 3C SE 2C SE 3B SE 2B SE 2B SE 3B SE 3B SE 3B SE 1B SE 2C SE 2C SE 2B SE 2B SE 2C SE 2C SE 3B SE 3C SE 2B SE 3B SE 2C SE 2B SE 2B SME 3 SE 2A SE 3B SE 2B SE 3B SE 2B SE 2B SE 1B SE 3B SE 1B SE 3B SE 3C SE 2B SE 2C SE 2B SE 2C SE 2B SE 1B SE 2C SE 3C SE 2B SE 2B SE 2B SE 2A SE 3C SE 2B SE 3C SE 2B SE 2C SE 2C SE 3B SE 2B SE 3B SE 2B SE 2B SE 2C SE 3C SE 2C SE 3C SE 2C SE 3B SE 2B

PUNJAB 1863 1864 1865 1866 1867 1868 1869 1870 1871 1872 1873 1874 1875 1876 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 1906 1907 Chand Engineering Goel Sons Ludhiana Beverages Private Limited M. C. International Punjab Riceland Pvt. Ltd. Standard Corporation India Limited Kissan Cotton Factory A. R. Castings Pvt. Ltd. Aditya Pipes & Strips Pvt. Ltd. Amt International Ashok Steel Industries Bansal Alloys & Metals Pvt. Ltd. Bentex Industrials Ishwar Forgings Jain Steel Industries Jatin Ispat Pvt. Ltd. K. C. Soni and Sons Steels Private Limited Karam Steel Corporation M. R. Alloys Pvt. Ltd. Orient Steels R. P. Multimetals Pvt. Ltd. Saggar Alloys Samana Alloys (P) Ltd. Sarv Priya Tubes Pvt. Ltd. Aggarwal Rice Mills Hoshiarpur Roller Flour Mills Pvt.Ltd. Amar Coach Builders Atam Valves Pvt. Ltd. Chinar Forge Ltd. H. B. Industries H. B. Metals Jagdambay Engg. & Welding Works M. R. Kalia Industries Magna Wires Pvt. Ltd. Maingi Brothers Nectar Pulps & Juices Pvt. Ltd. Overseas Health Care Pvt. Ltd. Rishi Industries Uco Malleables Unco Steel Industries Unique Manufacturing Co. Vimco Industries Knit Foulds Pvt. Ltd. Krishna Rice Mills Pvt. Ltd. Allied Recycling Ltd. Amritsar Amritsar Amritsar Amritsar Amritsar Barnala Bhatinda Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gobindgarh Gurdaspur Hoshiarpur Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Jalandhar Kapurthala Kapurthala Ludhiana SE 2A SE 3C SME 1 SE 4C SE 1C SME 2 SE 3C SE 2C SE 3B SE 3B SE 2B SE 2A SE 3C SE 3C SE 2B SE 3B SE 1B SE 2B SE 3C SE 2C SE 2B SE 3B SE 2B SE 2B SE 3C SE 2C SE 2B SE 2C SME 1 SE 2B SE 3C SE 2B SE 3C SE 2B SE 2B SE 4C SE 1B SE 3C SE 2C SE 2C SE 1A SE 2C SE 3C SE 3B SE 2B

20

CRISIL SME Connect

Sr No Company
RAJASTHAN 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Bhagwan Das Milk Shop Hindustan Chemicals Nirmal Industries Ltd. OTTO Bushings Prayag Polytech Pvt. Ltd. Shri Nursingh Paper & Oil Mill Pvt.Ltd. Surendra Grinding Mills BTM Textiles Pvt. Ltd. Maximum Synthetics Pvt.Ltd. Royal Suitings Pvt. Ltd. Shree Mahadeo Cotton Mills Ltd. Sulzer Processors Pvt. Ltd. Sumatex Ltd. Super Shiv Shakti Chemicals Pvt. Ltd. Balar Marketing Pvt. Ltd. Chetan Cabletronics Pvt.Ltd. D.K.Plywood Pvt. Ltd. Mehru Electricals and Mechanical Engineers Pvt. Ltd. Natraj Drum Industries Pvt.Ltd. Shree Gopal Industries Skipper Electricals India Limited A. K. India Ceramics (P) Ltd. Topline Industries A V Casters Pvt. Ltd. Adinath Power Control Cables Pvt Ltd Agarwal Marble & Ind. (P) Ltd. Anamika Conductors Ltd. Anukul Agrotech Pvt. Ltd. Art & Craft Exclusives Arun Shanti Education Trust Aryavart Ashoka Industries Auto Malleable Baba Industries Bhawani Silicate Industries Biogeneric Drugs Pvt. Ltd. Chrome International Co. Ltd. Dormak Ganpati Plastfab Ltd. Gehlot Enterprises (P) Ltd. Glazetech Industries Pvt. Ltd. K. S. Cars Ltd. K.S.Motors Ltd. Keshav Electrical Pvt. Ltd. Lakshmanveer Steel Private Limited Mangala Ispat (Jaipur) Ltd. Mayur Leather Products Ltd. Natraj Malt Pvt. Ltd. Perfect Industries Plastomet Rajasthan Drugs & Pharmaceuticals Ltd. Rajasthan Wood Products Pvt. Ltd. RMC Gems India Ltd. Sangam Handicrafts Pvt. Ltd. Shakti Malt Pvt. Ltd. Shanti Education Society Sharma Commercial (P) Ltd. Shera Metals & Engineers Shree Fats and Proteins Pvt. Ltd. Shree Prithvi Steel Rolling Mills (P) Ltd. Shreya's India Pvt. Ltd. Shri Krsna Sudharshan Urja Pvt. Ltd. Alwar Alwar Alwar Alwar Alwar Alwar Alwar Bhilwara Bhilwara Bhilwara Bhilwara Bhilwara Bhilwara Bhilwara Bhiwadi Bhiwadi Bhiwadi Bhiwadi Bhiwadi Bhiwadi Bhiwadi Bikaner Bikaner Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur SE 3C SE 3B SE 1B SE 2B SE 1B SE 2B SE 3B SE 2B SE 2B SE 2B SE 2B SME 3 SE 1B SE 2B SE 3C SE 2B SE 2B SME 2 SE 2C SE 2C SE 2A SE 2B SE 3B SE 2B SE 2B SE 3C SE 2B SE 3B SE 3B SME 3 SE 2B SE 1B SE 2B SE 3C SE 2B SE 2B SE 3B SE 3C SE 2B SE 1B SE 3C SE 3C SE 1B SE 1B SE 3C SE 2A SE 2A SE 2B SE 3B SE 2B SE 3B SE 2C SE 3B SE 3B SE 2A SME 3 SE 3B SE 1B SME 4 SE 1B SE 2B SE 3B

City

Rating Assigned

Sr No Company
2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 Sparkle Manufacturing Pvt. Ltd. St.Wilfred'sP.G.College Super Electricals Suprint Textiles (Jaipur) Pvt. Ltd. Swastik Plyboard Ltd. Tanya Comex Pvt.Ltd. Tripti Industries Tristar International Corporation Unidor Industries Uttam (Bharat) Electricals Pvt. Ltd. Vijay Udyog Kalpana Industries Blackstone Rubber Industries Pvt. Ltd. BVS Trading Corp. Jupiter Industries Latiyal Handicrafts Pvt. Ltd. Mayur Minerals Paperplast India Rajasthan Gum Pvt. Ltd. Santosh Arts Shree Chanchal Industries (P) Ltd. Shree Ram Refractories & Allied Products Uma Polymers Limited Jain Enterprises B. Himmatlal Agrawal Arihant Minerals G. G. Valves Pvt. Ltd. Hariom Marmo Grani Pvt.Ltd. Mahima Multicolour Pvt. Ltd. Mayur Lime & Chemicals Ltd. Sah Polymers Ltd. SRG Housing Finance Ltd.

City
Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jaipur Jhunjhunu Jodhpur Jodhpur Jodhpur Jodhpur Jodhpur Jodhpur Jodhpur Jodhpur Jodhpur Jodhpur Jodhpur Kota Nagaur Udaipur Udaipur Udaipur Udaipur Udaipur Udaipur Udaipur

Rating Assigned
SE 4C SME 4 SE 3B SE 2C SE 2B SE 3C SE 2B SE 3B SE 3C SE 1A SE 3B SE 1A SE 2B SE 3C SE 2B SE 2B SE 3B SE 3B SE 2A SE 3B SE 2B SE 3C SME 1 SE 2A SME 3 SE 3B SE 2A SE 4C SE 3C SE 3B SE 2A SME 4

SIKKIM 2066 Eminence (I) Ltd. Gangtok SE 2C

TAMIL NADU 2067 2068 2069 2070 2071 2072 2073 2074 2075 2076 2077 2078 2079 2080 2081 2082 2083 2084 2085 2086 2087 2088 2089 2090 Sree Pandian Spinning Mill Pvt. Ltd. Aegis Ampoules & Vials Ltd. Agnice Fire Protection Ltd Akshara Industries Ltd. Ambattur Heat Treaters Private Limited Amul Industries Pvt Ltd Anchal Exports Aqua Designs India Limited Arudra Engineers Pvt. Ltd. BGD Engineering Bharani Chemical Co. BST Press Metal Components Pvt. Ltd. Canara Lighting Industries Limited Canara Traders & Printers Pvt. Ltd. Chennai Marine Trading Pvt. Ltd. Classic Cartons CM Abbrasives Computer Access Private Limited Dowell Technologies Pvt. Ltd. Durotech Engineering Pvt. Ltd. Elmarc Electrodes Pvt. Ltd. ETA PowerGen Private Limited Ever Bright Products Fabrimech Engineers Aruppukottai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai SME 3 SME 2 SE 1B SME 3 SE 3B SME 2 SE 3B SE 1A SE 1A SE 2B SE 3C SME 4 SE 1A SME 4 SE 1B SE 2B SE 3B SE 1A SE 3B SE 3C SE 2C SME 3 SE 2C SE 3B

21

CRISIL SME Connect

Sr No Company
2091 2092 2093 2094 2095 2096 2097 2098 2099 2100 2101 2102 2103 2104 2105 2106 2107 2108 2109 2110 2111 2112 2113 2114 2115 2116 2117 2118 2119 2120 2121 2122 2123 2124 2125 2126 2127 2128 2129 2130 2131 2132 2133 2134 2135 2136 2137 2138 2139 2140 2141 2142 2143 2144 2145 2146 2147 2148 2149 2150 2151 2152 2153 2154 Faithful Engineers Pvt. Ltd. Four Brothers Galaxy Concab (I) Pvt. Ltd. GDP Engineering Company Goa Electric Company Hycount Plastics & Chemicals Hyfield Engineering Company IGP Engineers Private Limited Integral Component Manufacturers Pvt Ltd J. V. Engineering Jaishree Packaging Jaydev Constructions Pvt. Ltd. Jolly Enterprise Karmen International (Pvt.) Ltd. Kassim Nets Kumar Industries Kun Auto Company Pvt Ltd. Lamis Outsourcing Solutions Latchumi Tex M. R. G. Leather Enterprises Madaan Chemicals Madanlal Forge Pvt Ltd Mahaveer Safety Glass Co (P) Ltd. Maya Automobiles Pvt. Ltd. Metal Forms Pvt. Ltd. Mhitraa Engineering Equipments Pvt Ltd National Engineering Mass Production Industry Navakar Impex Pvt. Ltd. Newall Engineering Works Oswin Wood Panels Pvt. Ltd. Parani Steels Pvt Ltd. Prabha Engineers Ratha Worldwide Leathers Pvt. Ltd. Right Leather Overseas Rubino Industries SAS Autocom Engineers India (P) Ltd. SASCO Engineering (India) Pvt. Ltd. Shree Navkar Polymers Signals & Systems (India) Private Limited SJLT Textiles Pvt. Ltd. Sri Ganapathy Industries
Sri Sivasakthi Auto Ancillaries Madras Pvt Ltd

City
Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Chennai Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore

Rating Assigned
SME 3 SE 3B SE 3B SE 3B SE 3B SE 2B SE 3B SME 1 SE 3B SE 4C SE 2B SME 4 SE 2B SE 2B SE 3B SME 4 SE 1B SE 3B SE 3B SE 3C SE 3C SE 3C SME 2 SE 3C SE 1B SE 2B SE 4C SME 4 SE 2C SE 2B SE 2B SME 1 SE 3C SE 3C SE 2B SE 1C SE 2B SE 3B SE 1B SME 3 SE 2B SE 3C SE 1B SE 3B SE 3B SME 2 SE 3B SE 5C SME 1 SE 2C SME 1 SE 4C SE 2B SE 2A SE 2B SE 3C SE 2B SE 1C SE 2B SME 4 SE 2B SE 2B SE 2B SE 2A

Sr No Company
2155 2156 2157 2158 2159 2160 2161 2162 2163 2164 2165 2166 2167 2168 2169 2170 2171 2172 2173 2174 2175 2176 2177 2178 2179 2180 2181 2182 2183 2184 2185 2186 2187 2188 2189 2190 2191 2192 2193 2194 2195 2196 2197 2198 2199 2200 2201 2202 2203 2204 2205 2206 2207 2208 2209 2210 2211 2212 2213 2214 2215 2216 2217 2218 2219 GEM Equipments Limited GENN Automation Grind Tec Appliances Isha Engineering Company K. N. R. Packaging India Pvt. Ltd. Krishna Hall marking Centre Pvt. Ltd. Manickavel Edibile Oils Pvt. Ltd. Nirmal Pumps (Pvt.) Ltd. Omega Rubber Products Penman Cotton Mills (India) Pvt. Ltd. Perumal Foundry Pressmatic Engineers India Pvt. Ltd. R K R Gold Pvt. Ltd. Ramesh Hitechk Pumps Private Limited SS Heat Recover Engineers Private Limited Sree Aravind Enterprises Sri Jyothi Industrials Sri Krishna Enterprises Sri Mookambigai Constructions (I) P. Ltd. Sri Padmabalaji Steels (P) Ltd. Sri Sudarsan Paper Mills Limited Swarnaraj Engineering Works Tea Krafts Vasantha Advanced Systems Yama Control Company Yentop Manickavel Sons Edible Oils Pvt Ltd Yenyeskay Machine Tools Bhavani Plastics Anjella Tex Pvt. Ltd. G B Raja Top Weaving Pvt. Ltd. Jayabalaji Dyeing Jayavinayaga & Co R. P.P. Constructions (P) Ltd. R.N. Pulverisers Pvt. Ltd. Sri Suryodhayaa Processing Pvt. Ltd. Aambis Enterprises AVS Ready Mix Concrete Products Pvt Ltd CK Airtech India Pvt. Ltd. Copral Insulated Conductors Pvt. Ltd. Delta CNC Applications Devas Engineering Systems Estee Auto Pressings Pvt. Ltd. GRT Enterprises Jayalakshmi Pressings Pvt. Ltd. Jeeva Industries Numann Industries Powerweld Equipments India Pvt Ltd Prakash Plastics Praveen Engineering Industries S.K.M. Plastics Sam Equipments & Systems Sant Aluminium Pvt.Ltd. Sark Enterprises SM Pressing STS Manufacturing Pvt. Ltd. Thangam Eletronics Pvt. Ltd. V S Engineering Vehicle Components India Pvt. Ltd. Yentop Manickam Edible Oils Pvt Ltd Ranjana Poly Prints Pvt. Ltd. Anartex Exports Arasi Fabrics Atlas Export Enterprises B. V. Fabrics Pvt. Ltd. Crafts India

City
Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Coimbatore Cuddalore Erode Erode Erode Erode Erode Erode Erode Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Hosur Kanchipuram Karur Karur Karur Karur Karur

Rating Assigned
SE 1A SE 2C SE 3B SE 3C SE 3C SE 2B SME 4 SE 2A SE 3C SE 3B SE 3C SE 2B SE 2B SE 1B SE 2C SE 3B SE 3B SE 2C SME 5 SE 1B SE 3C SE 2B SE 2C SE 2B SE 3C SME 4 SE 2C SE 3B SE 3B SE 3B SE 3B SE 3B SME 2 SE 3B SE 3C SE 3B SE 3C SE 1B SE 2B SE 2B SE 2B SME 2 SE 3B SE 2B SE 4C SE 2B SE 2B SE 2A SE 2B SE 3C SE 3C SE 3C SE 3B SE 2C SE 2B SE 2B SE 3B SE 2B SME 4 SE 2B SE 3B SE 3B SE 2B SME 4 SE 3B

Sri Venkateswara Precision Components Srinivasa Machine Works Sudharshan Tools Sun Fab Sunrise Chemical Industries Supritha Engineering Works Suttatti Enterprises Ltd. Swan Electric Engineering Co. Pvt. Ltd. Swiss Garnier Life Sciences T. M. Dass Industries Tamil Naadu Edible Oils Pvt. Ltd. Telekonnectors Limited Tradeways Garments Pvt. Ltd. V.K.K. Engineering Works Venkateswara Electrical Industries (P) Ltd. Venus Home Appliances (P) Limited Vinkem Labs Aadhi Vinayaga Spinners Akshaya Jewellers Pvt. Ltd. Bestomech Industries Falcon Toolings Fluid Trans

22

CRISIL SME Connect

Sr No Company
2220 2221 2222 2223 2224 2225 2226 2227 2228 2229 2230 2231 2232 2233 2234 2235 2236 2237 2238 2239 2240 2241 2242 2243 2244 2245 2246 2247 2248 2249 2250 2251 2252 2253 2254 2255 2256 2257 2258 2259 2260 2261 2262 2263 2264 2265 2266 2267 2268 2269 2270 2271 2272 2273 2274 2275 2276 2277 2278 2279 2280 2281 2282 2283 Dev International Hi - Power Textiles Jose Tex K. Mohan Textiles K.Sudhakar & Co. Kanara Krafts KRT Polymers Kwalitee Fabs Mallow International Morvi Export Paradigm International Prem Textiles International Pukra Exports Rakhava Impex Ram Textiles Santh Exporters Sethman Exports Sri Amaravathi Spinning Mills Synthesis Home Textiles (P) Ltd. The Standard Textiles V.K.A Polymers Pvt. Ltd Sri Sooriya Packers A & T Network Systems Pvt. Ltd. A. R. Dairy Food Pvt. Ltd. A.S. Poly Industries ACF Industries Ancient Pharma Aruppukottai Sri Ramalinga Food Products Private Limited Ashwin Polymers Asians Motors Best Plast Cone Agencies Cosmo Plast Eagle Food Products Eskeyaar Art Lines Jai Ganga Brassiers Kuttuva Silicates Master Colour Manufacturer Native Foods Pandian Printpacks And Textile Mills Ltd Pandiyan Plastic Industries Ravi Flexo Ink Selvaraaj Tex Pvt. Ltd. Shri Saravana Industries Private Limited Siruvar Kala Mantram Sri Guna Vilas Sugandhi Agency V.V.V & Sons Edible Oils Limited Vaibhav Corporation Vignesh Graphics Weaves India Vijay Pipe Industries TEC Fab Amman Sago Factory Bharath Sago Factory Chiranjilal Spinners Pvt. Ltd. Dhanalakshmi Industries Jasan Industries Jayavel Sago Factory K. R. V. Spinning Mills Pvt. Ltd. K.Venkatraman & Co. KCP Sixvell Power Systems Modern Sheller Industries R.P.Plastics

City
Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Karur Kovilpatti Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Madurai Rajapalayam Ranipet Salem Salem Salem Salem Salem Salem Salem Salem Salem Salem Salem

Rating Assigned
SE 3B SE 3B SE 3C SE 3B SE 3C SE 3B SE 2C SE 2C SE 2A SE 3B SE 2B SE 2B SE 2B SE 3B SE 2B SE 3C SE 2B SE 4C SE 3B SE 2B SE 2C SE 3B SE 2B SE 1B SE 4C SE 3C SE 3B SE 4C SE 3B SE 2B SE 3B SE 3B SE 4C SE 2B SE 3B SE 3C SE 3C SE 3C SE 3B SE 3C SE 3C SE 3B SME 2 SE 3B SE 2C SE 2C SE 2B SE 1A SE 3B SE 3C SE 3C SE 3C SE 3B SE 3C SE 3C SME 2 SE 3C SE 3B SE 3B SME 4 SE 2B SE 2B SE 3C SE 3C

Sr No Company
2284 2285 2286 2287 2288 2289 2290 2291 2292 2293 2294 2295 2296 2297 2298 2299 2300 2301 2302 2303 2304 2305 2306 2307 2308 2309 2310 2311 2312 2313 2314 2315 2316 2317 2318 2319 2320 2321 2322 2323 2324 2325 2326 2327 2328 2329 2330 2331 2332 2333 2334 2335 2336 2337 2338 2339 2340 2341 2342 2343 2344 2345 2346 S. K. Bio - Tech S. K. Oil Mill Sakkthi Polymers Salem Spices Pvt. Ltd. Shree Kathirravan Sago Factory Siva Granite Products SRC Projects Private Limited Sri Bharathavel Sago Factory Sri Opiliappan Balaji Fabric Sri Swarna Dhall Mill Sri Venkatesh Sago Manufacturing Industries (P) Ltd. Sunwin Fabrics Thaai Exports VPS Silk Fabrics (P) Ltd. Glorrey Match Industries Pvt. Ltd. Rose Flower Company (Papers) Pvt Ltd Sathiyabama Poly Printers SFA Technical Creations (P) Ltd. Srinivas Fine Arts (P) Ltd Waterjet Germany Pvt. Ltd. Sesocon Technologies Christy Friedgram Industry G B Raja Tex Pvt. Ltd. Gold King Tex India Pvt. Ltd. Hariharan Spinners Ltd. Rasi Nutri Foods Sellandiamman Blue Metals Sulochana Export Sree Lakshmi Narayana Rice Flour & Oil Mills Super Shapers A.P. Mills A.R.S. Compactors AKR Textile Amman Spinning Mills Art Excel Apparels Aviram Knitters B. S. C. Textiles Baba Knitters Bajaj Knitters Cavery Enterprises D G Garments Deluxe Knitting Mill Esstee Exports Iniyan Creations J Tex International K.M. Knitwear Livin Garments Lotus Knits M. S. Knitting Mills Madura Fashions Madura Knitwear Mail Hosieries Majestic Exports Osterna Fashions Pavithrs Knit Overseas Prashanthi Exports Premier Knits Apparel (India) Prithvi Knitters R.K.S. Knittings Rajadhani Exports Rathipriya Exports RD International Rekha Cotton Mills (P) Ltd.

City
Salem Salem Salem Salem Salem Salem Salem Salem Salem Salem Salem Salem Salem Salem Sivakasi Sivakasi Sivakasi Sivakasi Sivakasi Sriperumbudur Theni Tiruchengodu Tiruchengodu Tiruchengodu Tiruchengodu Tiruchengodu Tiruchengodu Tiruchengodu Tiruchirapalli Tiruchirapalli Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur

Rating Assigned
SE 4C SE 3B SE 2C SE 2B SE 2B SE 2B SME 2 SE 3C SE 3B SE 3B SE 3C SE 3B SE 3C SE 3B SE 3C SE 2B SE 3B SE 3B SME 2 SE 2B SE 3B SE 2A SE 3B SE 3C SME 5 SE 3B SE 4C SE 3B SE 3B SE 3C SE 3B SE 3C SE 2B SE 4C SE 3B SE 2B SE 3C SE 3B SE 2B SME 5 SE 3C SE 1B SE 2B SE 3C SE 3B SE 1B SE 3C SE 2B SE 3C SE 3B SE 3B SE 3C SE 2B SE 4C SE 3C SE 3C SE 2B SE 3B SE 3B SE 3B SE 3C SE 3C SME 4

23

CRISIL SME Connect

Sr No Company
2347 2348 2349 2350 2351 2352 2353 2354 2355 2356 2357 2358 2359 2360 2361 2362 2363 2364 2365 2366 2367 2368 2369 Runner Hosieries S. M. Knitts Sarkas Garments Company Shrimagal International Shrishti Garments SRG Apparels Private Limited Sri Amaravathi Knittings Sunway Clothing U- Ram Fashions Velmurugan Dyeing Winsome Knit Garments Wintrack Garments Bharath Pressings Bhavani Wood Works Jai Raj Industries R.M.H. Fabrications (P) Ltd. SJLT Spinning Mills Pvt. Ltd. Kalpaka Chemicals (P) Ltd. S. Thartius Engineering Contractors Chandru Machine Tools Chillies Exports House Ltd. Sega Plascan Exports V.V. Shanmuga Nadar & Sons

City
Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tirupur Tiruvallur Trichy Trichy Trichy Trichy Tuticorin Tuticorin Vellore Virudhunagar Virudhunagar Virudhunagar

Rating Assigned
SE 3B SE 3B SE 2B SE 3B SE 3C SE 2B SE 3B SE 3C SE 2B SE 3B SE 3B SE 3C SE 2B SE 3B SE 2B SE 3B SME 3 SE 1B SE 1A SE 3B SE 1B SE 3B SE 2B

Sr No Company
2400 2401 2402 2403 2404 2405 2406 2407 2408 2409 2410 2411 2412 2413 2414 2415 2416 2417 2418 2419 2420 2421 2422 2423 2424 2425 2426 2427 2428 2429 2430 2431 2432 2433 2434 2435 2436 2437 2438 2439 2440 2441 2442 2443 2444 2445 2446 2447 2448 2449 2450 2451 2452 2453 2454 2455 2456 2457 2458 2459 Good Luck Capital Private Limited Lotus Drugs Pvt. Ltd. Sharda Forging & Stamping (P) Ltd. Sundeep Electrodes Pvt.Ltd. SVASCA Industries India Ltd. Vijay Cables Chemicals & Insecticides Mahabir Jute Mill Ltd. Modern Packaging Pvt. Ltd. Manohar Electrodes Pvt. Ltd. Microplex Agro Chemicals & Fertilizers Sidhdeep Biotech (P) Ltd. Electro Equipments BMW Steels Limited Agwani Fashions Pvt Ltd. Agmotex Fabrics Ltd. Amar Brothers Amrit Varsha Industries Crescent Tanners Pvt. Ltd. Everest Engineering Works Hans Metals Ltd. Himangi Foods Pvt Ltd Inyati Footwears Ltd. J. S. International Kanodia Petroleum Ltd. Kanpur Edibles Pvt. Ltd. Lakhotia Agro Sortex Pvt. Ltd. Madnani Engineerings Works Mahavir Spinefab Pvt. Ltd. Mineral Oil Corporation Model Echos Private Limited Model Exims Unit 1 Model Tanners (I) Private Limited Mohani Tea Leaves (P) Ltd. Netplast Private Limited Pacific Exports Pacific Leather Pvt. Ltd. R. G. Exim Raj Rajeshwari Techno - Fab Pvt. Ltd. Raj Ratan Textiles Rama Educational Society Rama Medicares Limited S K International S. V. Megastructures Ltd. S.K. Exports Standard Surfactants Ltd. Sultan Tanners Sumit Chemicals (P) Ltd. Suri Shoes Pvt. Ltd. Swastik Bone & Gelatine (P) Ltd. Swati Biscuit Manufacturing Company Synthetic Silica Products Tasty Dairy Specialities Limited Upper India Tannery P. Ltd. Vinayak Ultraflex Pvt. Ltd. Amity International Command Polymers Private Limited Electro Meter Corporation Agrocel Industries Ltd Hind Charitable Trust

City
Ghaziabad Ghaziabad Ghaziabad Ghaziabad Ghaziabad Ghaziabad Gorakhpur Gorakhpur Gorakhpur Hapur Hapur Hapur Haridwar Hathras Howrah Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Kanpur Karur Kolkata Kolkata Kutch Lucknow

Rating Assigned
SE 3B SE 3C SME 4 SE 2B SE 1B SE 3B SE 3B SE 2A SE 2B SE 2C SE 2B SE 3C SE 2B SE 2B SE 1B SE 2B SE 2B SME 3 SE 3C SE 2C SE 2B SE 2C SE 2C SE 2B SE 3B SE 2B SE 3B SE 2B SE 1B SE 2B SE 2B SE 2B SE 2B SE 1A SE 2B SE 2B SE 2B SE 3B SE 3C SE 2B SME 2 SME 2 SE 2B SME 2 SE 2B SE 2B SE 2B SE 2B SE 2B SE 3C SE 2B SE 3B SE 1B SE 2B SE 1B SE 3B SE 3C SE 3C SE 1A SME 5

TRIPURA 2370 Exeon Multimedia 2371 Sri Ramkrishna Engineering Works UTTAR PRADESH 2372 2373 2374 2375 2376 2377 2378 2379 2380 2381 2382 2383 2384 2385 2386 2387 2388 2389 2390 2391 2392 2393 2394 2395 2396 2397 2398 2399 Aakash Enterprises Ashoka Boot Factory Atul Engg. Udyog Atul Generators Pvt. Ltd. D. B. Footwear Diwan Chand Suraj Prakash Jain Indu Engineering Textile Ltd. Leather Linkers Footwear Pvt. Ltd. Mahajan Malleables Pvt. Ltd. N. P. Enterprises Shoe World Bajwa Exports Shree Ram Plastics Super Soles Pvt. Ltd. Swastik Boot Factory Technocraft Transformers Raghuraji Agro Industries (P) Ltd. Chandra Metals Ltd. SBW Udyog Ltd. Amar Alum & Allied Chemicals Pvt Ltd Kay's Biscuits Pvt. Ltd Kipps Confectioners Pvt. Ltd. Nav Bharat Rice Industries Param Engineers Pvt. Ltd. Ahuja Soap (P) Ltd. Arun Enterprises Birkan Engineering Industries Pvt. Ltd. Chaudhry Hammer Works Ltd. East India Udyog Ltd. Agra Agra Agra Agra Agra Agra Agra Agra Agra Agra Agra Agra Agra Agra Agra Akbarpur Allahabad Allahabad Bareilly Bareilly Bareilly Bareilly Bareilly Ghaziabad Ghaziabad Ghaziabad Ghaziabad Ghaziabad SE 3C SE 3C SE 2B SE 2B SE 4C SE 3B SE 2B SE 2B SE 2B SE 4C SE 3C SE 3C SME 4 SE 3C SE 1B SE 1B SE 1B SME 2 SE 2C SE 3B SE 2B SE 3C SE 3C SE 3C SE 3B SE 2C SME 1 SE 2B Agartala Agartala SE 4C SE 3C

24

CRISIL SME Connect

Sr No Company
2460 2461 2462 2463 2464 2465 2466 2467 2468 2469 2470 2471 2472 2473 2474 2475 2476 2477 2478 2479 2480 2481 2482 2483 2484 2485 2486 2487 2488 2489 2490 2491 2492 2493 2494 2495 2496 2497 Hindustan Bioenergy Ltd. Parth Thread Pvt. Ltd. Pramod Telecom Pvt. Ltd. Pushker Paint Industries J. B. Publishing House (P) Ltd. Krishna Udyog Prabhat Rotopack Pvt Ltd Sri Sastha Engineering Works Agro Engineers & Fabricators Amit Textiles Elecon Megha Industries Shaim And Sons Trans Metals Akanksha Automobiles Pvt. Ltd. Lohia Brass Pvt. Ltd. Avadh Alloys Pvt. Ltd. Chaudhary Ingots Pvt. Ltd. Magma Industries Ltd. Prem Castings Pvt Ltd R. A. Castings Pvt. Ltd. Shree Bhageshwari Papers Ltd. Shri Satguru Metalloys Pvt. Ltd. Shri Satguru Rolling Mills (P) Ltd. Siddeshwari Industries Pvt Ltd Sultan Safe Industries A.N.P. Systems and Coatings Combustion Research Associates Delta Electronics Holostik India Ltd. Hora Art Centre (P) Ltd. Jamini Exports Ltd. M. I. Builders Pvt. Ltd. Macsam Clothing Pvt. Ltd. PTC Techno (P) Ltd. Ranoson Springs Pvt. Ltd. Ridhi Sidhi Laminations (P) Ltd. Swam Pneumatics Pvt. Ltd. UTTARAKHAND 2498 2499 2500 2501 2502 2503 2504 2505 2506 2507 2508 2509 2510 2511 PSB Papers Ltd Dass Electronics Janardhan Plyboard Industries Ltd. Narendra & Company Sushila Devi Centre for Professional Studies and Research Asian Wires & Cables Industries Litman Power Systems Maneesh Udyog Heat Exchangers Pvt.Ltd. Om Biomedic Pvt.Ltd. Orbit Cable India Tehri Plastic Industries Vishal Box Industries Jagadamba Liquified Steels Ltd. Saraswati Dynamics Pvt. Ltd. WEST BENGAL 2512 Patra Flour Mill 24 Parganas (N) SE 3B Bazpur Dehradun Dehradun Dehradun Dehradun Haridwar Haridwar Haridwar Haridwar Haridwar Haridwar Haridwar Roorkee Roorkee SE 2A SE 3B SE 1B SE 3C SME 3 SE 2B SE 2A SE 2B SE 2B SE 3B SE 3B SE 3B SE 1B SE 2A

City
Lucknow Lucknow Lucknow Lucknow Mathura Mathura Mathura Mathura Meerut Meerut Meerut Meerut Meerut Meerut Moradabad Moradabad Muzaffarnagar Muzaffarnagar Muzaffarnagar Muzaffarnagar Muzaffarnagar Muzaffarnagar Muzaffarnagar Muzaffarnagar Muzaffarnagar Muzaffarnagar Noida Noida Noida Noida Noida Noida Noida Noida Noida Noida Noida Noida

Rating Assigned
SE 4C SME 5 SE 2C SE 2B SE 2B SE 3B SE 2B SE 2B SE 3B SE 2B SE 2B SE 4C SE 3C SE 3C SE 2C SE 2C SE 2B SE 2B SE 2B SE 2B SE 3C SE 2C SE 3B SE 3B SE 2B SE 3B SE 2B SE 2B SE 2A SME 1 SE 2C SME 5 SME 3 SE 3C SE 2B SE 3B SE 2C SME 2

Sr No Company
2513 2514 2515 2516 2517 2518 2519 2520 2521 2522 2523 2524 2525 2526 2527 2528 2529 2530 2531 2532 2533 2534 2535 2536 2537 2538 2539 2540 2541 2542 2543 2544 2545 2546 2547 2548 2549 2550 2551 2552 2553 2554 2555 2556 2557 2558 2559 2560 2561 2562 2563 2564 2565 2566 2567 2568 2569 2570 2571

City

Rating Assigned
SE 4C SE 3C SE 2C SE 4C SE 3B SE 3C SE 3C SE 3C SE 3C SE 3C SE 1B SE 3B SE 3B SE 3B SE 4C SE 3B SE 3B SME 4 SE 3B SE 4C SE 4C SME 5 SE 2B SE 2C SE 3C SE 3B SE 3B SE 1B SE 3B SME 4 SE 2B SE 3B SE 3B SE 3B SE 2B SE 3B SE 3C SE 3B SE 3C SE 3B SE 4C SE 2B SE 3B SE 2B SE 3B SME 6 SE 3C SME 3 SE 3C SE 3C SE 2B SME 3 SE 1A SE 1B SE 2B SE 2B SE 2C SE 2B SME 4

Sonar Bangla Cold Storage Pvt Ltd Bankura Sree Sreema Cold Storage Pvt Ltd. Bankura Sanhit Polymer Bolpur Alfa Wire Product Burdwan Bhadreswar Rice Mill Burdwan Bhawani Cement Pvt Ltd. Burdwan Calcutta Carbide Pvt. Ltd. Burdwan Charukaran Rice Mill Burdwan Eco Plast Burdwan J P Rice Mill Burdwan Maheshwari Mining Pvt Ltd. Burdwan Panagarh Rice Mill Burdwan Polo PVC Pvt Ltd. Burdwan Radha Rice Mill Burdwan Shiv Shakti Oil Mills Burdwan Progressive Fabricators Erectors & Plant Service Engineers Durgapur Baijnath Timber Enterprise Pvt. Ltd. Hooghly Choudhury Construction Hooghly L.B Engineering Hooghly Rup Nagar Food Products (P) Ltd. Hooghly Srimanta Developers Pvt Ltd. Hooghly Tarun Kanti Choudhury Hooghly Adams Marketing Pvt. Ltd. Howrah AM Diamond Engineering Works Pvt Ltd. Howrah Industrial Forging Industries Howrah Kamal Forgings Pvt Ltd. Howrah Khaitan Electronics Howrah Mittal Iron Foundry Pvt Ltd. Howrah Mondal Metal Works Howrah N.K. Louha Udyog (P) Ltd. Howrah Naskar & Company Howrah Nupur Fabric Howrah Nupur Processing Industries Howrah P.K Engineering & Co. Howrah Perfex Impex Pvt Ltd. Howrah R.S Castings (Pvt) Ltd. Howrah RAS Engineering Howrah S.S Trading Corporation Howrah Shree Durga Creations Pvt.Ltd Howrah Shree Rameswar Himghar Pvt Ltd. Howrah Sunglow Engineering (India) Pvt Ltd. Howrah Super Gear Pvt Ltd. Howrah Tiwari Industries Howrah Tribeni Industries Pvt Ltd. Howrah Vinita Projects Private Limited Howrah Aakar Foundry Pvt Ltd Kolkata Accordians Infocom Pvt.Ltd Kolkata Alcock Mcphar Geotech India Private Limited Kolkata Amisha Udyog Kolkata Anupam Enterprises Kolkata Anushree Textiles Pvt Ltd. Kolkata Archii Printing & Packaging Pvt.Ltd Kolkata Asbesco (India) Pvt Ltd. Kolkata Auropol India Pvt Ltd. Kolkata B. S. Progressive Pvt. Ltd. Kolkata B.M Advertising & Publicity House Kolkata B.S Tar Pvt Ltd. Kolkata Baba Ispat Private Limited Kolkata Baid hosiery Pvt.Ltd Kolkata

25

CRISIL SME Connect

Sr No Company
2572 Balajee Enterprises 2573 Bemco Sleepers Ltd. 2574 Bhowmick Tannery Machine Manufacturing (P) Limited 2575 Bijoy Narayan Cold Storage (P) Ltd. 2576 Cabcon India Pvt Ltd. 2577 Calcutta Board Mfg.Co 2578 Capricorn Oils Limited 2579 Carnation Industries Limited 2580 Civtect (India) Pvt. Ltd. 2581 Corporated Shipyard Pvt. Ltd. 2582 Cotwal Commerce Private Limited 2583 D M Properties Private Limited 2584 Damodar Cement Industries Pvt Ltd. 2585 Dandapat Cold Storage Pvt Ltd. 2586 Derby Plantations Pvt. Ltd. 2587 Elrich International 2588 Equipments & Spares (India) 2589 Ergo Woodlines Pvt.Ltd 2590 Esspee Engineers 2591 Everest Ply & Veneers Pvt Ltd 2592 F Harley & Company Private Limited 2593 Fine Metal Pressings Pvt Ltd. 2594 Franklin Laboratories (India) Pvt. Ltd. 2595 Gaurang Alloys & Iron Limited 2596 Global Coke (P) Ltd 2597 Gouranga Cold Storage. 2598 Gupta Infotech 2599 Hanu Polymers Pvt Ltd. 2600 Hindustan Controls & Equipment Pvt Ltd. 2601 Hipack Systems Pvt Ltd. 2602 Hitachi-KK Mfg.Co. 2603 IE Impex Pvt. Ltd. 2604 Impressia Imaging Pvt.Ltd 2605 Indus Net Technologies 2606 Indusree 2607 Jai Santoshi Ma Rice Mills (P) Ltd. 2608 Jaks Plast Products Pvt Ltd. 2609 K. L. Mechanical Works Pvt. Ltd. 2610 Kamala Tea Co. Ltd. 2611 Kansas Laboratories Pvt Ltd. 2612 Khaitan Winding Wire Pvt.Ltd 2613 Kish Engineering Pvt.Ltd 2614 Kripa Infrastructure 2615 Kuber Tieup Pvt. Ltd. 2616 Laser Cables Pvt Ltd. 2617 Lintas Packaging Pvt Ltd. 2618 Lovely International Pvt. Ltd. 2619 M.S Elastic & Tapes Pvt Ltd. 2620 Mahadeva Steel Mills Pvt Ltd. 2621 Makrampur Rice Mill Pvt Ltd. 2622 Mannka Electricals Pvt.Ltd 2623 Mcnroe Chemicals (P) Ltd. 2624 Meadow Food Specialities Ltd 2625 Media Solutions 2626 Megacity Iron Pvt Ltd. 2627 Micro Solus System & Software Pvt.Ltd 2628 Mini Iron & Alloys Pvt Ltd. 2629 MMP Filtration Pvt.Ltd 2630 Nafis Tanning Industries

City
Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata Kolkata

Rating Assigned
SE 2B SE 3C SE 2B SE 3B SE 1B SE 3B SME 4 SE 1B SME 3 SE 1A SME 3 SE 3C SE 3B SME 5 SE 3C SE 2B SE 3C SE 2B SE 2B SE 1B SE 1B SE 1B SE 4C SME 4 SME 3 SE 3C SE 3B SE 3C SE 1B SE 3C SE 2B SE 3C SME 4 SE 2A SE 3B SE 2C SE 1B SE 3B SME 4 SE 3B SE 1B SE 2B SME 5 SME 3 SME 2 SE 2B SME 3 SE 2B SE 1B SE 3C SE 3C SE 1B SME 4 SE 3C SE 2C SE 2B SE 2B SE 3C SE 3B

Sr No Company

City

Rating Assigned
SE 2B SME 4 SME 3 SE 3C SE 2B SE 1B SE 1B SE 2B SE 3B SE 1B SME 4 SE 3B SE 3C SE 2C SE 3C SE 2C SE 2B SE 3C SME 3 SE 3C SE 3B SE 2A SME 3 SE 1A SE 3C SE 2B SE 3C SE 2B SE 2B SME 3 SME 2 SE 2B SE 1B SME 3 SE 3B SE 2C SE 3C SE 1B SE 3B SME 2 SE 3B SE 3B SME 4 SE 2A SE 2C SE 2B SME 4 SME 2 SE 2B SME 3 SE 2B SE 3B SE 2B SE 3C SE 2B SE 3C SME 4 SME 4

2631 Nezami Rekha Sea Foods Pvt. Ltd Kolkata 2632 Oster Institute Of Advance Diagnostics Private Limited Kolkata 2633 Param Enterprises Pvt Ltd. Kolkata 2634 Piyush Polytex Pvt.Ltd Kolkata 2635 Plasto Chem Pvt Ltd. Kolkata 2636 Precision Weldarc Ltd. Kolkata 2637 Premier (India) Bearings Ltd. Kolkata 2638 Prestige Ice Cream Pvt.Ltd Kolkata 2639 Rajnath Metal Works Kolkata 2640 Rama Overseas Ltd Kolkata 2641 Rathi Chempels Pvt. Ltd. Kolkata 2642 Rawalwasia Manufacturing Co.Pvt Ltd. Kolkata 2643 Ruttonpore Plantations Pvt. Ltd. Kolkata 2644 S A Enterprises Kolkata 2645 S. K. Oil Company Kolkata 2646 S.C Engineering Co.Pvt Ltd. Kolkata 2647 S.S Engineering Works Kolkata 2648 Sadia International Kolkata 2649 Saraswaty Press Ltd. Kolkata 2650 Scan Image Kolkata 2651 Serampore Biovision Agro (P) Ltd. Kolkata 2652 Shiva Engineering Works Kolkata 2653 Shree Bhawani Paper Mill Ltd. Kolkata 2654 Shree Ganesh Jewellery House Ltd. Kolkata 2655 Shree Mahalakshmi Himghar Private Limited. Kolkata 2656 Shree Ram Lime Products Ltd. Kolkata 2657 Silverton Metals Private Limited Kolkata 2658 Singh Brothers Exim Pvt Ltd. Kolkata 2659 Solid Ply Pvt Ltd Kolkata 2660 Sona Biscuits Limited Kolkata 2661 Sound Castings Pvt. Ltd. Kolkata 2662 SRC Vyapaar Pvt Ltd. Kolkata 2663 Sreechem Resins Ltd. Kolkata 2664 Sri Balmukund Polyplast Pvt Ltd. Kolkata 2665 Teletronic Products Pvt Ltd. Kolkata 2666 The Indian Wood Products Co.Ltd. Kolkata 2667 The Manipur Tea Company Pvt. Ltd. Kolkata 2668 The Rajlakshmi Cotton Mills Pvt Ltd. Kolkata 2669 Tiger Brand Gura Masla Kolkata 2670 Timtech India Private Limited Kolkata 2671 Transmission Projects Pvt Ltd. Kolkata 2672 Unique Machine Tool Kolkata 2673 Universal Import Export Kolkata 2674 Vinicab (India) Private Limited Kolkata 2675 X L Enterprises Limited Kolkata 2676 ZKL Bearings (India) Pvt Ltd. Kolkata 2677 A.K.Properties Pvt.Ltd Medinipur 2678 Kharagpur Metal Reforming Industries (P) Limited Medinipur 2679 Kumarpur Agro Poultries Ltd. Medinipur 2680 M.S Engineering Medinipur 2681 Maity Poultries Pvt Ltd. Medinipur 2682 Sarama Steel Furniture Medinipur 2683 Super Gases & Appliances Pvt Ltd. Medinipur 2684 D.S Brick Works Raniganj 2685 Durgapur Iron & Steel Co.Pvt Ltd. Raniganj 2686 Maa Gaytri Flex India Pvt. Ltd. Siliguri 2687 New Malda Diesels Siliguri 2688 Newline Autotrack Pvt. Ltd. Siliguri

26

CRISIL SME Connect

Contact Us
MAHARASHTRA and GOA Head Office Mumbai: CRISIL House 121-122, Andheri Kurla Road, Andheri(East) Mumbai 400 093 Tel : 022 - 6691 3001- 09 Fax : 022 - 6691 3187 Pune: 1187/17, Ghole Road, Shivaji Nagar Pune 411 005 Phone: 020 - 2553 9064 / 67 Fax: 020 - 2553 9068 MADHYA PRADESH Indore: 422, 4th Floor, Raffel Tower 8/2, Old Palasia Indore 452 001 Phone : 0731- 4020042 PUNJAB and JAMMU & KASHMIR Ludhiana: Sai Tower 202, Industrial Area Ludhiana 141 003 Phone: 0161 - 5011575 GUJARAT Ahmedabad: 303, Paritosh Building Usmanpura Ahmedabad 380 013 Phone: 079 - 6522 8781 Fax: 079 - 2755 9863 Surat: 811, 8th floor Rajhans Complex, Opp. J K Tower Ring Road Surat 395 002 Phone: 0261 - 4002230 NEW DELHI, UTTARAKHAND, HARYANA, UTTAR PRADESH and HIMACHAL PRADESH New Delhi: The Mira G-1, First Floor, Plot No 1& 2, Ishwar Nagar (Near Okhla Crossing) New Delhi 110 065 Phone: 011 - 4250 5141 / 50 Fax: 011 - 2684 2212 WEST BENGAL, ORISSA, BIHAR and NORTH EAST Kolkata: HORIZON, 4th Floor, Block B 57, Chowringhee Road Kolkata 700 071 Phone: 033 - 2289 1949, 4011 8200 Fax: 033 - 2283 0597 CHHATTISGARH Raipur: Shop No.4, AT Plaza Main Road, Shankar Nagar Raipur 492 001 Phone: 0771 - 4099997 TAMIL NADU and KERALA Chennai: Thapar House, Mezzanine Floor 43/44, Montieth Road, Egmore Chennai 600 008 Tel : 044 - 6656 3132 Fax: 044 - 2854 7531 KARNATAKA Bangalore: W 101, Sunrise Chambers 22, Ulsoor Road Bangalore 560 042 Phone: 080 - 2558 0899 Fax: 080 - 2559 4801 ANDHRA PRADESH Hyderabad: 3rd Floor, Uma Chamber, Plot no 9 & 10 Nagarjuna Hills, Punjagutta X Road Hyderabad 500 082 Phone: 040 - 2335 8103 / 05 Fax: 040 - 2335 7507 RAJASTHAN Jaipur: Cabin No. 1C/-14/13 1st Floor, Shopping Centre, Mansarovar Jaipur 302 020 Phone: 0141 - 3021681 / 88 JHARKHAND Jamshedpur: Office No 7, Meghdeep Building, 2nd Floor Q Road, Bistupur, P.S. Bistupur Jamshedpur, Singhbhum (East) Jharkhand 831 001

www.crisil.com About CRISIL Limited

CRISIL is India's leading Ratings, Research, Risk and Policy Advisory Company

About CRISIL Ratings

CRISIL Ratings is India's most influential and the world's fourth largest ratings agency - the most reliable opinion on risk. It is the market leader in India - shaping the development of the debt markets having rated over 7,000 debt instruments worth over Rs.11,80,000 crores, issued by over 4200 companies.

Disclamer:
CRISIL Ratings, a Division of CRISIL Limited has taken due care and caution in preparing this Newsletter. Information has been obtained by CRISIL Ratings from sources which it considers reliable. However, CRISIL Ratings does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. 2008. All rights reserved. No part of this publication may be reproduced, re-printed or stored in a retrievable device without prior written permission from CRISIL.