CRISIL SME ConnectA newsletter from CRISIL SME Ratings

Your connection to what really matters

April 2009

Volume: 6

Capital account posts a deficit

Industrial activity continues to contract

Exports contract sharply

Diversion in the WPI and CPI inflation continues

Bank credit growth to remain below the target

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.

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

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.

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.

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.

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.

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 10-year G-sec to end 2009-10 at around 6.3-6.5 per cent.

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.

Rupee ends 2008-09 at 51.0 per US$

10-year G-sec yield firms up

Global economy to enter a recessionary phase

Economic Outlook

Parameter Macroeconomic Indicators - Forecasts

2008-09

Rationale

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.

Economy Perspectives

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.

Growth

Inflation

Interest rate

Exchange rate Re / US $(Year-end)

as a % of GDP

Fiscal deficit (Incl off-budgetliabilities)

CRISIL SME Connect

1

Agriculture 3.0

WPI-Average

10-year G-Sec(Year-end)

Industry 4.5

Total 6.1Services 7.7

6.3-6.5

45.5-46.0

5.5-6.0

3.0-3.5

Update on IndustryCRISIL SME Connect

2

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 CRISIL-rated urea manufacturers.

Management Speak

SME - An International Perspective

Technology and information

Credit guarantee funds

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.

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.

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 collateral-free 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.

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

Equity funding

CRISIL SME Connect

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.

Banking Sector Update

5000 CRISIL SME Ratings Celebration

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 small-ticket 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.

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.

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.

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:

Profile of CRISIL Rated SSIs/SMEs

CRISIL SSI/SME Ratings Definitions

CRISIL SME Ratings - Ratings Assigned (Cumulative)

0

500

1000

1500

2000

2500

3000

4500

5000

4000

3500

Apr

05 -

Aug

-05

Dec

-05

Apr

06 -

Aug

-06

Dec

-06

Apr

-07

Aug

-07

Dec

-07

A0

pr-

8

Aug

-08

Mar

-90

Nf

go.

o r

atin

gs a

ssi

ned

Ratings Assigned by CRISIL

Industry wise distribution of ratings

Geographical distribution of ratings

EngineeringTextile and ApparelElectronics and Electrical EquipmentPrinting and PackagingAgri-products and FMCGChemicalPlastic and Plastic ProductsSteel and Steel ProductsPharmaceuticalsAuto and Auto AncilliaryConstructionIT and ITESPowerCable and WireReal Estate and InfrastructureLeather and FootwearPaper and Paper ProductsGems and JewelleryTelecommunicationWater treatmentWood and Wood ProductsOthers

26.610.8

9.17.87.16.35.44.54.13.43.02.4

1.7

1.31.21.21.10.90.50.50.50.5

per cent

per cent

Industry

State

SME Rating per centageSME 1 12.5SME 2 24.8SME 3 30.5SME 4 24.8SME 5 6.9SME 6 0.5SME 7 -

-SME 8

SE 1ASE 1BSE 1CSE 2ASE 2BSE 2CSE 3ASE 3BSE 3CSE 4ASE 4BSE 4CSE 5ASE 5BSE 5C

CRISIL NSIC Rating per centage

Rating distribution: CRISIL SME Rating

As on Mar 31, 2009

Rating distribution: NSIC-CRISIL Rating

-

--

4

CRISIL SME Connect

0.22

MaharashtraGujaratTamil NaduAndhra PradeshWest BengalKarnatakaUttar PradeshPunjabRajasthanNew DelhiOrissaMadhya PradeshKeralaHaryanaJharkhandChhattisgarhGoaBiharUttarakhandAssamJammu & KashmirPondicherryChandigarhDadra & Nagar HaveliDaman & DiuTripuraSikkim

3.849.620.315.34

31.178.650.31

20.1817.70

0.182.47

Financial Strength

High

Highest 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 5CPerf

orm

ance

Cap

abili

ty

High

Moderate

Weak

Poor

Moderate Low

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'.

CRISIL SME Rating DefinitionSME 1 Highest

High

Above AverageAverageBelow AverageInadequatePoorDefault

SME 2

SME 3SME 4SME 5SME 6SME 7SME 8

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

24.7413.6511.27

8.826.585.364.694.063.503.162.571.931.901.341.040.860.780.780.560.520.520.480.450.220.110.070.04

Sr No Sr NoCompany CompanyCity CityRating Assigned

Rating Assigned

CRISIL SME Connect

5

1 G. S. Oils Ltd. Adilabad SME 22 Taruni Dairy Products Private Limited Chittoor SE 2B3 Kallam Agro Products & Oils (P) Ltd. Guntur SE 1A4 Kallam Brothers Cottons (P) Ltd. Guntur SME 35 Kallam Spinning Mills Limited Guntur SME 26 Nico Agro Oil Products Pvt Ltd Guntur SE 2C7 Sivasankari Spinning And Textiles Pvt Ltd Guntur SE 4C8 Sri Raghavendra Agro Products Guntur SE 3B9 A. R. Life Sciences Pvt. Ltd. Hyderabad SE 2C10 Access Solar Limited Hyderabad SE 2B11 AG Bioteck Laboratories India Limited Hyderabad SE 3B12 Amit Cottons Pvt. Ltd. Hyderabad SME 413 Apollo Computing Laboratories Pvt Ltd Hyderabad SE 1B14 Apollo Gleneagles PET-CT Private Limited Hyderabad SME 315 Baba Akhila Sai Jyothi Industries Pvt Ltd Hyderabad SME 416 Balaji Steel Rolling Mills Pvt Ltd Hyderabad SE 3C17 Bhagyanagar Chlorides Pvt Ltd Hyderabad SE 2B18 Bharat Biotech International Ltd Hyderabad SME 119 Binjusaria Metal Box Co. (P) Ltd. Hyderabad SE 2B20 C.S.Wires Pvt Ltd Hyderabad SE 2C21 Cambridge Technology Enterprises Ltd. Hyderabad SME 122 Celon Laboratories Ltd Hyderabad SE 2B23 Chemsol Hyderabad SE 2B24 Cornileus Pharmaceuticals (P) Ltd Hyderabad SE 2B25 Dada Energies Limited Hyderabad SE 2B26 Dakshin Enterprises Hyderabad SME 427 Deccan Engineering Enterprises Hyderabad SE 1B28 Deccan Polypacks Ltd. Hyderabad SME 229 Dhanlaxmi Iron Industries Ltd Hyderabad SE 2A30 Disha Foods (P) Ltd. Hyderabad SE 1B31 Egwood Boards & Panels Pvt Ltd Hyderabad SE 2B32 Enal Drugs Pvt Ltd Hyderabad SE 1B33 Gayathri Industrial Products Pvt. Ltd Hyderabad SE 3C34 Glochem Industries Ltd Hyderabad SE 1A35 Good Health Agro - Tech Pvt. Ltd. Hyderabad SME 236 Harika Drugs Pvt Ltd Hyderabad SE 2C37 Hexagon Construction Hyderabad SME 338 Husys Consulting Private Limited Hyderabad SME 339 Hyderabad Castings Limited Hyderabad SE 1B40 Interactive Corporation Hyderabad SE 2B41 Inventaa Chemicals Ltd. Hyderabad SME 242 Jeevaka Industries Ltd Hyderabad SE 2A43 Jivanta Laboratories Pvt. Ltd. Hyderabad SE 3B44 JMC Contructions Pvt Ltd Hyderabad SME 245 Jyothi Dairy Pvt. Ltd. Hyderabad SE 1B46 K. G. F. Cottons Pvt. Ltd. Hyderabad SME 447 K. Ramachandra Rao Transmission &

Projects Pvt Ltd Hyderabad SME 248 Kailash Diagnostic & Rehabilitation

Centre Private Limited Hyderabad SME 549 Kakatiya Energy Systems Pvt Ltd Hyderabad SE 2B50 Kanyaka Parameshwari Engg Ltd Hyderabad SE 1B51 Karthik Steel Industries Hyderabad SE 3B52 Kasargod Power Corporation Pvt Ltd Hyderabad SME 353 Kora Industries Hyderabad SE 2B54 KVK Bio- Energy Pvt Ltd Hyderabad SME 455 Landmark Builders Hyderabad SME 456 Lisa Ampoules & Vials Pvt Ltd. Hyderabad SE 1B57 Magnificent Homes Pvt. Ltd. Hyderabad SME 458 Mahavir Constructions Hyderabad SME 359 Maithri Laboratories Pvt Ltd Hyderabad SE 1A

60 Medchem International Ltd Hyderabad SE 2C61 Meena Jewellers Pvt Ltd Hyderabad SE 1B62 Meena Jewels & Pearls Hyderabad SE 1B63 Meena Jewels Exclusive Hyderabad SE 1B64 Meenakshi Smelter & Roller Pvt. Ltd. Hyderabad SE 3B65 MIC Electronics Limited Hyderabad SME 166 Midfield Industries Limited Hyderabad SME 267 MMS Steel & Power Pvt Ltd Hyderabad SME 368 Mohammed Khan Jewellers Pvt Ltd Hyderabad SME 269 Mor Jewellers Hyderabad SE 3B70 Moschip Semiconductors Technology Ltd Hyderabad SME 571 MSN Laborotories Ltd Hyderabad SME 272 MSN Pharmachem Pvt Ltd Hyderabad SME 273 Musaddilal Jewellers Exporters Pvt. Ltd. Hyderabad SME 374 Musaddilal Jewellery Exporters Pvt Ltd Hyderabad SE 2B75 MYK Laticrete India Pvt. Ltd. Hyderabad SE 1A76 Nandan Biomatrix Ltd Hyderabad SE 1A77 National Mining Company Limited Hyderabad SME 378 Navneeta Steels Pvt. Ltd Hyderabad SE 2B79 Nawa Engineers & Consultants Pvt Ltd Hyderabad SME 280 Nikhil Refineries Pvt. Ltd. Hyderabad SME 381 Ovis Equipments Pvt Ltd Hyderabad SE 2B82 P.G.Power Systems Pvt Ltd Hyderabad SE 2B83 Pan Electro Technic Enterprises Pvt Ltd Hyderabad SE 1A84 Park Health Systems Pvt. Ltd. Hyderabad SME 485 Pawan Oil Industries Hyderabad SE 2C86 Pragati Offset Private Limited Hyderabad SME 187 Pulse Pharmaceuticals Pvt Ltd Hyderabad SE 1B88 Puzzolana Machinery Fabricators Hyderabad SME 189 R.A.U.S.Constructions Pvt Ltd Hyderabad SME 390 R.K. Steel Udyog Pvt Ltd Hyderabad SE 1B91 Radha Infra Projects India Pvt Ltd Hyderabad SME 592 Rahul Agencies Hyderabad SME 493 Rake Power Limited Hyderabad SME 494 Ravi Foods (P) Ltd. Hyderabad SE 1A95 Reddy's Polymers Processing Limited Hyderabad SME 296 Revat Metforms Private Limited Hyderabad SE 3B97 Roxy Roller Flour Mills (P) Limited Hyderabad SE 1B98 S & S Constructions (India) Pvt. Ltd. Hyderabad SME 599 Sai Sri Woven Sacks Pvt Ltd Hyderabad SE 2B100 Sealwel Corporation Hyderabad SE 2A101 Shree Jewellers Hyderabad SME 2102 Shree Siddhivinayaka Agro Extractions Pvt Ltd Hyderabad SE 2B103 Shuchi Energy AD Promotions Private Ltd Hyderabad SE 3C104 Sidhi Jewellers Hyderabad SE 1B105 Sigma Solid Strips Pvt. Ltd. Hyderabad SME 3106 Sipra Labs Limited Hyderabad SME 1107 Smart Labtech Pvt. Ltd Hyderabad SE 1B108 SMM Paper Marketing Pvt Ltd Hyderabad SE 2B109 SMS Pharmaceuticals Ltd. Hyderabad SME 1110 Sree Comfortables Pvt Ltd Hyderabad SE 2B111 Sree Krishna Automotives Hyderabad Pvt Ltd Hyderabad SE 3C112 Sree Rayalseema Green Steloy Limited Hyderabad SME 4113 Sree Sai Roller Flour Mill Pvt Ltd Hyderabad SE 2A114 Sri Annapurna Chemical Industries Hyderabad SE 2A115 Sri Durga Plastic & General Merchant Hyderabad SE 3B116 Sri Krishna Jewellery Mart Hyderabad SME 3117 Sri Satya Durga Bottle Merchants Hyderabad SE 3B118 Sri Srinivasa Dairy Products Pvt Ltd Hyderabad SE 2C119 Sri Venkateshwara Coir Products Pvt Ltd Hyderabad SE 1A120 Sudershan Laboratories Ltd Hyderabad SE 2B

ANDHRA PRADESH

CRISIL Rated SSIs/SMEs: As on Mar 31, 2009

CRISIL SME ConnectRating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

6

121 Sumohan Engineers Pvt. Ltd. Hyderabad SE 3B122 Surya Industrial Equipments Hyderabad SE 2B123 Surya Polytex Pvt Ltd. Hyderabad SME 4124 SVR Steels Pvt Ltd Hyderabad SE 2B125 Swarnajyothi Agro & Exports Pvt. Ltd. Hyderabad SE 2B126 Symed Labs Limited Hyderabad SE 1A127 Tanmai Jewels Pvt Ltd Hyderabad SME 3128 Technostrength Pvt Ltd Hyderabad SE 2A129 TFL Quinn India Pvt. Ltd. Hyderabad SME 2130 Thermal Systems Hyderabad Pvt. Ltd. Hyderabad SME 1131 Thermo Cables Ltd Hyderabad SE 1B132 Timetech formulations Ltd Hyderabad SE 2C133 Trans Valves (India) Pvt. Ltd. Hyderabad SE 1B134 Turbomachinery Engineering Industries Ltd Hyderabad SME 1135 UDI Foods and Beverages Private Limited Hyderabad SME 3136 UDI Foods and Beverages Private Limited Hyderabad SME 3137 U-Foam Private Limited Hyderabad SE 1B138 Uni Sankyo Limited Hyderabad SME 2139 Uppal Ferro Cast Pvt Ltd Hyderabad SE 2B140 Vance & Health Pharmaceuticals Pvt Ltd Hyderabad SE 1B141 Venkar Chemicals P Ltd Hyderabad SE 2B142 Venkatarama Chemicals Ltd Hyderabad SE 3C143 Vet India Pharmaceuticals Ltd Hyderabad SE 2B144 Vidyuth Control Systems Pvt Ltd Hyderabad SE 2B145 Vijay Neha Polymers Pvt. Ltd. Hyderabad SE 1B146 Vijaya Diagnostic Centre (P) Ltd. Hyderabad SME 2147 Vijayasri Organics Limited Hyderabad SME 2148 Virupaksha Organics Pvt Ltd Hyderabad SE 2A149 Weld Fuse Private Limited Hyderabad SE 2A150 ADI Laxmi Industries Kakinada SE 3C151 Chandrika Rice Mill Kakinada SE 3C152 Cosy World Resorts Ltd Kakinada SME 3153 Manasa Quality Enterprises Kakinada SE 2B154 N.S.N. Reddy Rice Industry Kakinada SE 3B155 Nallamalli Venkata Krishna Reddy

& Others Kakinada SE 3B156 Prani Auto Plaza Pvt Ltd Kakinada SE 2B157 Raki Industries Kakinada SE 2C158 Sir Aurthor Cotton Modern Rice Mill Kakinada SE 2B159 Sree Ramalakshmi Satyanarayana Rice Mill Kakinada SE 3C160 Sri Aditya Hi- Tech Rice Mill Kakinada SE 2B161 Sri Ganeshwara Rice Tech Kakinada SE 3C162 Sri Lakshmi Satyanarayana Raw &

Boiled Rice Mill Kakinada SE 3B163 Sri Ramalingeswara Rice Mill Kakinada SE 2B164 Sri Seetharama Raw & Boiled Rice Mill Kakinada SE 2B165 Sri Srinivasa Rice Mill Kakinada SE 3C166 Sri Veera Venkata Satyanarayana Raw &

Boiled Rice Mill Kakinada SE 2B167 Sri Veera Venkata Satyanarayana Rice Mill Kakinada SE 2B168 Sri Vijayalakshmi Raw & Boiled Rice Mill Kakinada SE 2B169 Srinivasa Rice Industry Kakinada SE 3C170 Meru Automobiles Pvt Ltd Kurnool SE 2B171 Shalini Steels Pvt. Ltd. Medak SE 1B172 Raathi Pipes & Profiles Ltd Nalgonda SE 2B173 Sudhakar Plastic Ltd. Nalgonda SE 2B174 Sudhakar Polymers Ltd. Nalgonda SE 2B175 Dawn Engineering Enterprises Rajahmundry SE 1B176 Seven Hills Papers (P) Ltd. Samalkot SME 4177 Balaji Industries & Engineering Corp. Secunderabad SE 3B178 Balaji Pressure Vessels Ltd. Secunderabad SE 2B179 Finecab Wires & Cables Pvt Ltd Secunderabad SE 1B180 G. K. Developers Secunderabad SME 4181 Gurpreet Galvanising Pvt. Ltd. Secunderabad SE 2A182 IPM Bio Control Labs Private Limited Secunderabad SE 3C

183 ISCO Track Sleepers Pvt Ltd Secunderabad SME 3184 Mahidhara Chemicals (P) Ltd. Secunderabad SE 2A185 Mazda Concrete Products Pvt Ltd Secunderabad SME 3186 Patil Rail Infrastructure Pvt. Ltd. Secunderabad SME 3187 Platinum Properties Pvt Ltd Secunderabad SME 4188 Premier Solar Systems Pvt Ltd Secunderabad SE 1A189 Rayalseema Concrete Sleepers Pvt Ltd Secunderabad SME 3190 Saibaba Flame Proof Switchgears (P) Ltd. Secunderabad SE 2C191 Sangam Wires Pvt Ltd Secunderabad SME 3192 Shakti Met-Dor Limited Secunderabad SME 1193 Shalivahana Green Energy Limited Secunderabad SME 3194 Zen Technologies Limited Secunderabad SME 1195 Saptagiri Polytek Pvt Ltd Tirupati SE 2B196 Srivari Industries Tirupati SE 2B197 Ajay Drugs & Pharmaceuticals Vijayawada SE 3C198 Annapurna Industries Vijayawada SE 3C199 Bala Balajee Textiles Limited Vijayawada SME 3200 Chaitanya Oils Ltd Vijayawada SE 3B201 Girija Modern Rice Mill Vijayawada SE 2B202 Kennedy Residential School Vijayawada SME 3203 Kiran Engineers Vijayawada SE 2B204 Kristna Engineering Works Vijayawada SE 2A205 Kristna Engineering Works Vijayawada SE 2A206 Namaste Packaging Pvt. Ltd. Vijayawada SE 3C207 Pallavi Enterprises Vijayawada SE 2B208 Prakasa Spectro Cast Pvt Ltd Vijayawada SE 2A209 Prathap Industries Vijayawada SE 2B210 Radha Madhav Toyota Vijayawada SME 3211 Ramanjaneya Rice Mill Vijayawada SE 3B212 Sarvani Readymix Concrete Industry Vijayawada SE 3C213 Sesha Sayee Knittings Pvt Ltd Vijayawada SE 2B214 Shridhar Engineering & Rubber Products

Pvt Ltd Vijayawada SE 2C215 Sri Rajya Lakshmi Industries Vijayawada SE 3B216 Sri Sai Paper Products Vijayawada SE 3B217 Sri Venkateswara Industries Vijayawada SE 3C218 Srikara Parenterals Pvt Ltd Vijayawada SE 3B219 Vijai Bhavani Power Tech Pvt Ltd Vijayawada SE 3B220 Vijay Foods Vijayawada SE 3C221 Vijay Industries Vijayawada SE 3C222 Zoya Labs Vijayawada SE 3C223 Almag Marketing (India) Pvt Ltd Visakhapatnam SE 3B224 Ananda Profiles Pvt Ltd Visakhapatnam SE 2B225 Cambridge Systems India Pvt Ltd Visakhapatnam SE 3B226 Evergreen Veneers P Ltd Visakhapatnam SE 2A227 Inar Profiles Private Limited Visakhapatnam SE 1B228 Phoenix IT Solutions Ltd Visakhapatnam SE 1A229 Precistat IT Solutions Pvt. Ltd. Visakhapatnam SE 3B230 Rahamankan Tobacco Enterprises Pvt. Ltd. Visakhapatnam SME 3231 Sravan Shipping Services Pvt Ltd Visakhapatnam SE 1B232 SRK Infra Projects Pvt Ltd Visakhapatnam SME 4233 Tirupati Veneers Pvt Ltd Visakhapatnam SE 2B234 Visakha Trades Visakhapatnam SE 3B235 Vishwanadha Educational Society Visakhapatnam SME 3236 VTC Engineering (P) Ltd. Visakhapatnam SME 4237 VTC Surface Technologies (P) Ltd. Visakhapatnam SE 3C

ASSAM

238 Jakpod Garments Guwahati SE 4C239 Jericho Agro Processor Guwahati SE 3B240 Meghalaya Bitchem (P) Ltd. Guwahati SE 2B241 North Eastern Tubes Limited Guwahati SE 2B

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

CRISIL SME Connect

7

242 Polymat Industries Guwahati SE 3B243 S M Cement Industries Guwahati SE 3A244 Sagar Steels Guwahati SE 1B245 Veejay Laboratories Guwahati SE 3B246 North Eastern Cables & Conductors (P) Ltd Jorhat SE 2B247 Biva Food Product Pvt. Ltd. Silchar SE 2B248 Jai Commercial Pvt. Ltd. Silchar SE 4B249 Kay Dee Cold Storage Pvt. Ltd. Silchar SE 2B250 Purbanchal Food Products Silchar SE 4C

BIHAR

251 Sarvottam Rolling Mills Pvt. Ltd. Muzaffarpur SE 2B252 Alankar Auto Sales & Service Pvt. Ltd. Patna SE 2B253 Bajrang Bali Iron Industries Patna SE 3C254 Daya Engineering Works Pvt. Ltd. Patna SE 2B255 Joharilal Agarwala Sales Pvt. Ltd. Patna SME 4256 Mani Printers Patna SE 3C257 Pratibha Printers and Stationery Patna SE 3C258 Ruby Industrial Fastners Patna SE 4C259 Shree Shakambhari Udyog Patna SE 2B260 The Best Towers Pvt. Limited Patna SME 2261 Third Eye Communications Pvt. Ltd. Patna SE 3B262 Usha Polytubes Patna SE 3B263 Vaishali Paints Limited Patna SE 3B264 Vidya Vihar Educational Trust Patna SME 4

CHANDIGARH

265 Anand Sales (India) Chandigarh SE 2B266 Bansal Generations Ltd. Chandigarh SE 2B267 Crystal Sanitary Fittings Pvt. Ltd. Chandigarh SE 3C268 D. M. Pharma Chandigarh SE 3B269 Deluxe Enterprises Chandigarh SE 3C270 Empire Packages Pvt. Ltd. Chandigarh SE 1B271 Hari Narain Industries Chandigarh SE 2B272 HIM Cableways Chandigarh SE 3C273 Him Overseas Chandigarh SE 2A274 Hi-Tech Industries Ltd. Chandigarh SE 2B275 J.S.K. Aluminium Pvt. Ltd. Chandigarh SE 3B276 Khosla Machines Pvt. Ltd. Chandigarh SE 2A277 Khosla Precisons Chandigarh SE 2A278 Khukhrain Cold Storage & Ice Factory Chandigarh SE 2C279 Park Pharmaceuticals Chandigarh SE 3B280 Preet Remedies Pvt. Ltd. Chandigarh SE 2A281 Punjab Acids Chem (P) Ltd. Chandigarh SE 2B282 Recorders & Medicare Systems (P) Ltd. Chandigarh SE 1A283 Sandwoods Infratech Projects Pvt. Ltd. Chandigarh SME 4284 Shiva Bitumen Chandigarh SE 2B285 Valco Industries Ltd. Chandigarh SE 2A

CHHATTISGARH

286 Bhilai Auxiliary Industries Bhilai SE 2B287 Bhilai Coal & Coke (Unit II) Bhilai SE 2C288 Bhilai Structurals Bhilai SE 2B289 Jupiter Coal Co. Unit - II Bhilai SE 3C290 Orient Ispat (P) Ltd. Bhilai SME 3291 Orient Steel Re - Rolling Mill Bhilai SE 2B292 P. S. Steel Tubes Ltd. Bhilai SE 1A293 Shri Metcast Pvt. Ltd. Bhilai SE 3B294 Mahavir Global Coal Ltd. Bilaspur SME 2295 Aarti Sponge and Power Ltd. Raipur SME 4

296 Abhishek Steel Industries Limited Raipur SME 2297 Alankar Alloys Pvt. Ltd. Raipur SE 3B298 Alankar Steels Pvt. Ltd. Raipur SE 3B299 Ankit Steels Raipur SE 2B300 Avinash Developers (P) Ltd. Raipur SME 4301 City Mall Developers Pvt. Ltd. Raipur SME 4302 Devi Iron & Power Private Limited Raipur SME 3303 Goyal Foods Raipur SE 3C304 Kunal Pipes (India) Pvt. Ltd. Raipur SE 3B305 Rajesh Strips Limited Raipur SME 2306 S.D. Industries Raipur SE 2B307 S.D. Soaps & Cosmetics Raipur SE 2B308 Shri Shyam Sponge & Power Limited Raipur SME 3

DADRA & NAGAR HAVELI

309 Ganpati Alloys Silvassa SE 3B310 Gujarat Cables & Enamelled Products

Pvt Ltd Silvassa SE 2B311 Jagannath Extrusion India Ltd Silvassa SE 2A312 Krafto Glass Silvassa SE 3C313 Smita Conductors Ltd. Silvassa SME 1314 Thermal Systems & Engineers Silvassa SE 2B

DAMAN & DIU

315 Hi-Tech Office Systems Daman SME 2316 Met India Daman SE 1A317 Metal Gems Daman SE 1A

GOA

318 Anupam Insulating Industries Goa SE 2B319 Desai Cashew & Allied Products Goa SE 3B320 Esteem Industries Pvt. Ltd. Goa SE 1B321 GMI Zarhak Moulders Pvt. Ltd. Goa SE 2C322 Goa Auto Accessories Ltd. Goa SE 3C323 Grand Organics Pvt. Ltd. Goa SE 1B324 Omega Fibres Goa SE 3C325 Sai Cashew Products Goa SE 3B326 Saishiv Boards And Tops Private Limited Goa SE 2B327 Sam Services Goa SE 2B328 Supreme Industires Goa SE 3B329 Venus Ethoxyethers Pvt. Ltd. Goa SE 1B330 Vic Industries Goa SE 1B331 Shanti Agro Industries Ponda SE 2B332 Shanti Agro Processors (Goa) Pvt. Ltd. Ponda SE 3C

GUJARAT

333 Aaryavart Commodities Pvt Ltd Ahmedabad SE 3B334 Aastropure Systems Pvt Ltd Ahmedabad SME 4335 Ainaj Industries Ahmedabad SE 3B336 Alok Textile Mills Private Limited Ahmedabad SE 3B337 Apollo Infratech Pvt Ltd Ahmedabad SE 2C338 Ashok Vijay Engineering Works Ahmedabad SE 3B339 Ashutosh Metal Pvt Ltd Ahmedabad SE 2B340 Automotive Valves Pvt Ltd Ahmedabad SE 2A341 Baheti Metal & Ferro Alloys Ltd Ahmedabad SE 1B342 Balas Industries (P) Ltd Ahmedabad SE 2B343 Bhavik Publication Pvt Ltd Ahmedabad SE 1B

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

8

CRISIL SME Connect

344 Care Office Equipment Pvt Ltd. Ahmedabad SE 1B345 Chirag Offset Pvt. Ltd. Ahmedabad SE 2A346 Confisec Printers Ahmedabad SE 2B347 Denim Dyes & Chemicals Ahmedabad SE 2C348 Dhruv Chem Industries Ahmedabad SE 2B349 Endeavour Instrument Pvt Ltd Ahmedabad SE 1B350 Flosteer Engineers Pvt Ltd Ahmedabad SE 3C351 Gatrad Engineering Corporation Ahmedabad SE 3C352 Gaurav Industries Pvt Ltd Ahmedabad SE 2B353 Gopal Iron & Steels Co.(Gujarat) Ltd Ahmedabad SE 2B354 Gujarat Pickers Industries Limited Ahmedabad SME 3355 Gujarat Smelting & Refining Comp Ltd Ahmedabad SE 1B356 Hardware Tools & Machinery Projects

Pvt Ltd Ahmedabad SE 2B357 Impulse Enterprise Ahmedabad SE 3B358 Indra Cotton Ginning & Presssing Pvt Ltd Ahmedabad SE 3C359 Infab Infrastructure Pvt Ltd Ahmedabad SE 2A360 Jaihind Projects Limited Ahmedabad SME 2361 Jain Plastics Ahmedabad SE 3B362 Jainam Cables Industries Ahmedabad SE 3C363 Jasvant B Shah Ahmedabad SME 3364 Khodiyar Ceramics Ahmedabad SE 2B365 Khodiyar Clay Art Ahmedabad SE 2B366 Khodiyar Clay Products Ahmedabad SE 2B367 Kisan Proteins Pvt Ltd Ahmedabad SE 3B368 Mahavir Castings Ltd. Ahmedabad SE 1B369 Marshal Cable Ahmedabad SE 3C370 Maxeema Biotech Private Limited Ahmedabad SE 1B371 Maxim Tubes Company Pvt Ltd Ahmedabad SE 3C372 Millenium Forging Pvt Ltd Ahmedabad SE 2B373 N. K. Automobiles Pvt Ltd Ahmedabad SE 3C374 Naigra Industries Ahmedabad SE 3C375 Om Cot Gin Pvt Ltd Ahmedabad SE 4C376 Padmavati Ice and Cold Storage Pvt Ltd Ahmedabad SE 2B377 Polyvin Corporation (India) Ahmedabad SE 3B378 Prem Conductors Pvt Ltd Ahmedabad SE 3C379 Prem Udyog Pvt Ltd Ahmedabad SE 3C380 Rainbow Packaging Pvt Ltd Ahmedabad SE 1B381 Raj Polyplast Ahmedabad SE 3B382 Royal Touch Aluminium Pvt Ltd Ahmedabad SE 2C383 Sahitya Mudranalaya Pvt Ltd Ahmedabad SE 1A384 Sakar Ferro Alloys Pvt Ltd Ahmedabad SE 2B385 Seagull Maritime Agencies Pvt Ltd Ahmedabad SME 4386 Seema Jewellers Pvt Ltd Ahmedabad SE 2B387 Shital Chemicals Ahmedabad SE 2B388 Shivanand Polymers Ahmedabad SE 2B389 Shree Chlochem Ltd Ahmedabad SE 2B390 Star Freight Pvt Ltd Ahmedabad SME 2391 Styro Steel Cast Pvt Ltd Ahmedabad SE 2C392 Synwave Industries Ahmedabad SE 2B393 Timbor Home Pvt Ltd Ahmedabad SE 1B394 Topline Ceramics Pvt. Ltd. Ahmedabad SE 3C395 Trivedi Corp Pvt Ltd Ahmedabad SME 3396 Trivedi Tectonics Ahmedabad SE 3A397 Umiya Flexifoam Pvt Ltd Ahmedabad SE 3B398 United Polyfab Pvt Ltd Ahmedabad SE 3C399 Veer Steel Processors Ahmedabad SE 2A400 Vertex Laminate Pvt Ltd Ahmedabad SE 2B401 Vijay Enterprises Pvt Ltd Ahmedabad SE 2B402 Vinod Fabrics (P) Ltd Ahmedabad SE 2B403 Winco Valves Pvt Ltd Ahmedabad SE 1B404 Ankleshwar Ammonia Supply Co. Ankleshwar SE 2C405 Anmol Chemicals (Gujarat) Pvt Ltd Ankleshwar SE 2B406 Apex Healthcare Limited Ankleshwar SE 2B407 Hem-Deep Organics Private Limited Ankleshwar SE 3C

408 Hi-Tech Engineers Ankleshwar SE 2B409 Jackson Chemical Industries Ankleshwar SE 1B410 Laksh Venture Pvt Ltd Ankleshwar SE 3B411 M. Mech Engineers (P) Ltd Ankleshwar SE 2B412 Mega Innovative Crops Pvt Ltd Ankleshwar SE 3C413 Ramdev Chemical Industries Ankleshwar SE 2B414 Ratnamani Bio-Chemicals &

Pharmaceuticals Pvt Ltd Ankleshwar SE 3B415 Tatva Chintan Pharma Chem Pvt Ltd Ankleshwar SE 1B416 Techno Forge Ltd Ankleshwar SE 1A417 Jugalkishore Ramkishan Agrawal

Infrastructure Pvt. Ltd Banaskantha SE 2B418 Jyotindra International Banaskantha SE 2B419 Shivam Agroprocess Pvt Ltd Banaskantha SE 3C420 Additol Lubricants Pvt Ltd Baroda SE 3B421 Adison Welding Products Ltd Baroda SE 2B422 Cryogenic Liquide Baroda SE 2B423 Link Pharma Chem Ltd. Baroda SME 3424 Polymechplast Machines Ltd Baroda SE 2B425 Spa Vet-Min Pvt Ltd Baroda SE 3C426 Sunrise Industries (India) Ltd Baroda SE 2B427 Tiki Tar Industries Baroda SE 2A428 Daya Glass Industries Pvt Ltd Bharuch SME 5429 Jay Mahakali Chemicals Bharuch SE 3C430 Kenny Pharma Pvt Ltd Bharuch SE 3B431 Narmada Industries Bharuch SE 3B432 R K Reclaim and Rubber Products Pvt Ltd Bharuch SE 3C433 R. P. Industries Bharuch SE 2B434 Shivam In Corporation Bharuch SE 3C435 Shreejee Print & Pack Bharuch SE 3C436 Shreeji Corro Care Ind Bharuch SE 3C437 G N Ship Breakers Bhavnagar SE 3C438 Guru Ashish Ship Breakers Bhavnagar SE 3C439 Hans Industries Pvt Ltd Bhavnagar SE 2B440 K.P.G. Enterprise Bhavnagar SE 4C441 Kumar Steel (India) Bhavnagar SE 4B442 Lion Tapes Pvt Ltd Bhavnagar SE 2C443 Madhu Silica Pvt Ltd Bhavnagar SME 2444 Mahadev Ship Breakers Pvt. Ltd. Bhavnagar SE 3C445 Malwi Ship Breaking Co Bhavnagar SE 3C446 Megha Insulations Pvt. Ltd. Bhavnagar SME 4447 Navneet Ginning & Pressing Pvt Ltd Bhavnagar SE 3C448 Nilkanth Cotton Industries Bhavnagar SE 3C449 P.V.R Ship Breaking Co. Bhavnagar SE 3C450 Prakash Re - Rollers Pvt. Ltd. Bhavnagar SE 2B451 Priyank Ship Breaking Co. Pvt Ltd Bhavnagar SE 3C452 Pure Gases Pvt Ltd Bhavnagar SE 3C453 Rajendra Shipbreakers Pvt Ltd Bhavnagar SE 3C454 Rishi Ship Breaker Bhavnagar SE 3C455 Shiv Ship Breaking Co. Bhavnagar SE 3C456 United Coke Pvt Ltd Bhavnagar SE 3A457 Virendra & Company Bhavnagar SE 4C458 Y. S. Investments Bhavnagar SE 3C459 Amul Boards Private Limited Gandhidham SE 2B460 Mittal Timber Products Pvt Ltd Gandhidham SE 2C461 Narayani Coke Pvt Ltd Gandhidham SE 2B462 Oswal Commodities Pvt Ltd Gandhidham SE 3B463 APS International Gandhinagar SE 3C464 Gujarat Raffia Industries Ltd. Gandhinagar SE 2B465 Modern Communication & Broadcast

Systems Pvt Ltd Gandhinagar SE 1B466 Ugri Polyplast Pvt Ltd Gandhinagar SE 3B467 Yogi Cab Insulation Pvt Ltd Gandhinagar SE 2B468 Panchmahal Chemicals Godhra SE 3C469 Geeta Machine Tools Pvt Ltd Jamnagar SE 2C

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

9

CRISIL SME Connect

470 Gold Star Battery Private Limited Jamnagar SE 1B471 Meridian Impex Jamnagar SE 3B472 Metal Alloys Corporation Jamnagar SE 2A473 Oceanic Solvent Industries Jamnagar SE 3B474 Paramount Pistons Jamnagar SE 2C475 Parts & Spares Jamnagar SE 2B476 Rajhans Impex Pvt Ltd Jamnagar SE 2B477 Rajhans Metals Private Limited Jamnagar SE 2B478 Rajshanti Metals Pvt Ltd Jamnagar SE 2B479 Samanjas Udyog Pvt Ltd Jamnagar SE 1B480 Silver Proteins Pvt Ltd Jamnagar SE 2C481 Siyaram Impex Pvt Ltd Jamnagar SE 3B482 Siyaram Metal Udyog Jamnagar SE 3C483 Siyaram Metals Pvt Ltd Jamnagar SE 2A484 Vekaria Engineering Works Pvt Ltd Jamnagar SE 3B485 Haji Ali Mohammed Moosa & Co Junagadh SE 3B486 Max Precision Bearings Pvt Ltd Junagadh SE 1B487 Mayur Ginning and Pressing Pvt Ltd Junagadh SE 3C488 Patel Enterprise Junagadh SE 4C489 R M Dasa Infrastructure Pvt Ltd Junagadh SE 2B490 Vardhaman Industries Junagadh SE 2C491 Vikas Cotton Industries Junagadh SE 3C492 Vinayak Ginning & Pressing Factory Junagadh SE 3B493 Gajlaxmi Cotton Industries Kadi SE 3B494 Bohmis Industries Limited Kalol SE 2B495 Ganesh Rubber Industries Kalol SE 2B496 Arya Cotton Industries Kutch SE 4B497 Bajrang Bali Coke Industries Pvt Ltd Kutch SE 2B498 Gayatri Cotton Industries Kutch SE 3C499 Shreenathji Cotton Industries Kutch SE 3B500 Vidyut Transformers Pvt Ltd Kutch SE 3B501 Advatech Cera Tiles Ltd Mehsana SE 3C502 Apollo Construction Equipments (P) Ltd Mehsana SE 2A503 Fortune Engineers Mehsana SE 3C504 Hiramani Cotton Industries Mehsana SE 3C505 John Engineering Pvt Ltd Mehsana SE 3B506 Kalp Corporation Mehsana SE 2B507 Kokila Cotton Industries Mehsana SE 3B508 Kuvarba Cotton Industries Mehsana SE 3C509 Mamta Cotton Industries Mehsana SE 3B510 Omkar Cotton Industries Mehsana SE 3C511 P.B. Cotton Industries Mehsana SE 3B512 Patel Cotton Industries Mehsana SE 3B513 Perfect Construction Co. Mehsana SE 3C514 Royal Castor Products Ltd Mehsana SE 1B515 Sagar Rubber Products Pvt Ltd Mehsana SME 3516 Sejasmi Industries (India) Pvt Ltd Mehsana SE 3B517 Shakti Cotton Industries Mehsana SE 3B518 Shree Krishna Cotton Industries Mehsana SE 3C519 Unitech Automation Mehsana SE 4B520 Zamzam Exports Limited Mehsana SE 2B521 Accord Ceramics Pvt Ltd Morbi SE 3B522 Ajanta India Limited Morbi SME 2523 Jaydeep Chem Food Pvt Ltd Morbi SE 2C524 Lexus Ceramic Pvt Ltd Morbi SE 3C525 Magnum Ceramics Pvt Ltd Morbi SE 2C526 Mega Vitrified Pvt Ltd Morbi SME 4527 Metro City Tiles Pvt Ltd Morbi SE 3C528 Nelco Ceramics Morbi SE 2B529 Shree Gita Ginning & Oil Industries Morbi SE 3B530 Sorento Granito Pvt Ltd Morbi SME 3531 Suncity Ceramics Morbi SE 3B532 Vita Granito Pvt Ltd Morbi SME 4533 Zealtop Granito Pvt Ltd Morbi SME 3534 Asian Food Industries Nadiad SE 2C

535 Mukul Jamsons Navsari SE 3C536 Sunshine Mechanical Works Navsari SE 4C537 Maruti Gases Pvt Ltd Panchmahals SE 3C538 Om Shri Nagraj Ginning Factory Patan SE 3C539 Shiv Shakti Industries Patan SE 3B540 Siddhi Vinayak Industries Patan SE 2B541 Shree Shiv Shakti Industries Radhanpur SE 3C542 Adani Pharmachem Pvt. Ltd. Rajkot SE 2B543 Banshi Cotton Pvt Ltd Rajkot SE 3C544 C. K. Industries Rajkot SE 3C545 Captain Tractors Pvt Ltd Rajkot SE 2B546 Dharpat Casting Pvt Ltd Rajkot SE 3C547 Dhaval Agri Exports Rajkot SE 3B548 Eagle Corporation Pvt. Ltd. Rajkot SME 5549 Endoc Pharma Rajkot SE 2B550 EPP Composites Pvt Ltd Rajkot SE 1B551 Essen Multipack Ltd Rajkot SE 1A552 Evershine Metals Rajkot SE 3B553 Fieldman Engineers Pvt Ltd Rajkot SE 1B554 Fishfa Rubbers Pvt Ltd Rajkot SE 1B555 Forge & Forge Pvt Ltd Rajkot SE 2A556 Galaxy Chains Pvt Ltd Rajkot SE 2B557 Galaxy Conveyors Pvt Ltd Rajkot SE 3B558 Galaxy Cotton & Textiles Pvt Ltd Rajkot SE 2C559 Ganga R.K. Industries Pvt Ltd Rajkot SE 1B560 Giriraj Ginning and Pressing Pvt Ltd Rajkot SE 3C561 Gokul Industries Rajkot SE 2C562 Gujarat Lathe Mfg. Co. Pvt Ltd Rajkot SE 2A563 Gulab Oil and Foods Pvt Ltd Rajkot SE 2C564 Hi-Mac Castings Pvt Ltd Rajkot SME 4565 HSM Foods International Rajkot SE 2B566 Inova Cast Pvt Ltd Rajkot SE 1B567 Inovative Technocast Pvt Ltd Rajkot SE 1B568 Jalaram Cotton & Protein Pvt Ltd Rajkot SE 2C569 Jaydeep Cotton Fibres Pvt Ltd Rajkot SE 2B570 Jayshri Ginning & Spinning Pvt Ltd Rajkot SE 3B571 Jayshri Impex Rajkot SE 3B572 K K Cotex Rajkot SE 3C573 Kaneriya Oil Industries Rajkot SE 2B574 Kasuma Auto Eng. (P) Ltd Rajkot SE 2B575 Kavan Cotton Industries Rajkot SE 3B576 Kaveri Polymers Pvt Ltd Rajkot SE 1B577 Kishan Autoparts Limited Rajkot SE 1B578 Kishan Forge Pvt Ltd Rajkot SE 2B579 Kishan Infrastructure Pvt Ltd Rajkot SE 2A580 Krishna Metacraft Pvt Ltd Rajkot SE 3B581 Lakshmi Cot - Gin Pvt. Ltd. Rajkot SE 2C582 Magnetic Industries Ltd Rajkot SE 1A583 Mahadev Ginning & Pressing Pvt. Ltd. Rajkot SE 3C584 Major Cement Pvt Ltd Rajkot SE 2A585 Manek Investment Cast Pvt. Ltd. Rajkot SE 2C586 Mangrol Oil Industries Rajkot SE 2B587 Manmohan Ginning Industries Rajkot SE 3C588 Marc Industries Rajkot SE 3B589 Maruti Interior Products Pvt Ltd Rajkot SE 2B590 Mehta Surgicare Pvt Ltd Rajkot SE 2B591 Miro Ref. Pvt Ltd Rajkot SE 2B592 Morvi Vegetable Products Ltd. Rajkot SE 2A593 Narendra Cotton Ginning & Pressing Co

Pvt Ltd Rajkot SE 2C594 Narmada Pipes Rajkot SE 2B595 National Cotton Industries Rajkot SE 2B596 Navrang Ceramic Rajkot SE 3C597 New Kishan Cement Pvt Ltd Rajkot SE 2A598 Nikoo Forge Pvt Ltd Rajkot SE 1B

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

10

CRISIL SME Connect

599 Nisan Exports Rajkot SE 3B600 Opera Ceramics Rajkot SE 3C601 Parmar Metals Pvt Ltd Rajkot SE 2B602 Patel Cotton Industries Rajkot SE 3B603 Perfect Polymers Rajkot SE 3B604 Radheshyam Fibers Pvt Ltd Rajkot SE 2C605 Raghuvir Cotton Ginning & Pressing Pvt Ltd Rajkot SE 2C606 Rajendra Cold Storage Rajkot SE 3B607 Roto Screentech Pvt Ltd Rajkot SE 2B608 Royal Impex (India) Rajkot SE 3A609 Sadguru Cotton Pvt Ltd Rajkot SE 2C610 Sahyog Cotton and OIl Pvt. Ltd. Rajkot SE 3B611 Sanjivani Casting Pvt Ltd Rajkot SE 2B612 Savalia Cotton Ginning & Pressing Pvt Ltd Rajkot SE 3B613 Senso Granito Pvt Ltd Rajkot SME 4614 Shalibhadra Cotgin Pvt Ltd Rajkot SE 3C615 Shree Govardhan Cot-gin Pvt Ltd Rajkot SE 3C616 Silver Engineering Co Rajkot SE 2B617 Simpolo Ceramics Rajkot SE 2A618 Sindhu Ultramarine Chemicals Pvt Ltd Rajkot SE 2B619 Somnath Cable Industries Rajkot SE 4C620 Somnath Cottgin (I) Pvt Ltd Rajkot SE 3C621 Steelcon Impex Pvt Ltd Rajkot SE 2B622 Topland Engines Pvt Ltd Rajkot SE 2C623 Topland Exports Rajkot SE 2B624 Umiya Cot Fibres Rajkot SE 3C625 Western Enterprises India Pvt Ltd Rajkot SME 3626 Perma Construction Aids Pvt Ltd Sarigam SE 1B627 Alliance Fibres Pvt Ltd Surat SE 3C628 BR Designs Surat SE 2B629 Fosbel Glass Decorators Surat SE 3B630 Gujarat Hira Bourse Surat SME 3631 Happy Engineering Surat SE 3C632 Himson Engg. Pvt Ltd Surat SE 2B633 Kabir Creation Surat SE 3C634 Kinsum Industries Surat SE 2B635 Marval Engineering (P) Ltd. Surat SE 3B636 Mlon Metallic Pvt Ltd Surat SE 3C637 Nirmal Hospital Pvt Ltd Surat SME 4638 Om Filaments Pvt Ltd Surat SE 2C639 Rachit Creation Surat SE 3B640 Raj International Ltd Surat SME 3641 Safari Apparel Pvt Ltd Surat SE 3C642 Sangam Fashions Pvt Ltd Surat SE 2B643 Shamal & Shamal Pvt Ltd Surat SE 2B644 Sharda Syn-Fab Creations Pvt Ltd Surat SE 3C645 Siddharth Filaments Pvt Ltd Surat SE 2B646 Soham Impex Surat SE 3B647 Sumilon Industries Limited Surat SME 2648 SVS Tex-O-Fab Surat SME 3649 Swaraj Syntex Pvt Ltd Surat SE 3B650 Tejoday Dyeing & Printing Works Surat SE 3C651 Ugam Impex Pvt Ltd Surat SE 3B652 Venus Fibers Pvt Ltd Surat SE 3B653 Vimal Agro Products Pvt Ltd Surat SE 1A654 Vishwaprem Dyeing & Printing Mills Pvt Ltd Surat SE 3B655 Vivacity Woven Sack Pvt Ltd Surat SE 3C656 Vrundavan Developers Surat SME 4657 Gujarat Hightension Insulator Surendranagar SE 2B658 M N Rubber Industries Surendranagar SE 3C659 Prakash Ceramics Surendranagar SE 3C660 Purav Cotton Industries Surendranagar SE 2B661 Shree Patel Industries Surendranagar SE 2B662 Shree Patel Industries Unit-III Surendranagar SE 2C663 Steelman Gases Pvt Ltd Surendranagar SE 3C

664 Sunshine Fastners Private Limited Surendranagar SE 2B665 Tejas Steel Industries Surendranagar SE 3B666 Zalawad Tractors Surendranagar SE 3C667 Access Computech Pvt Ltd Vadodara SE 3B668 Akshay Inorganics Vadodara SE 2B669 Anugrah In-Org (P) Ltd. Vadodara SE 2B670 Balaji Fiber Reinforce Pvt Ltd Vadodara SE 2B671 Bright Metasteel Pvt Ltd Vadodara SE 2B672 Conmat Systems Vadodara SE 2A673 Elec Steel Processing Industries Vadodara SE 2B674 Friend's Industry Vadodara SE 2B675 H.B.Engineers Pvt Ltd Vadodara SE 2B676 Jhaveri Securities Pvt Ltd Vadodara SME 2677 Jindal Agro Processing Pvt Ltd Vadodara SE 2C678 Miles Motors Pvt Ltd Vadodara SE 3B679 Mona Engineering & Body Builders Vadodara SE 3C680 Paragon Synthetics & Polymers Ltd Vadodara SE 2B681 Permionics Membranes Pvt. Ltd. Vadodara SE 1B682 Persang Alloy Industries Pvt Ltd Vadodara SE 1C683 Pratik Transformers Pvt Ltd Vadodara SE 2B684 RD Dynamech Infra Private Ltd Vadodara SE 2B685 Rishabh Software Pvt Ltd Vadodara SE 2B686 Sayaji Paper Pvt Ltd Vadodara SE 3C687 SkyLight Doors and Windows Pvt Ltd Vadodara SE 3C688 Suryavinayak Engineers Vadodara SE 2B689 The Spunpipe & Construction Company

(Baroda) Private Limited Vadodara SE 2A690 Tube Products Incorporate Vadodara SME 1691 Universal Medicap Ltd. Vadodara SME 1692 UNP Polyvalves (India) Pvt Ltd Vadodara SE 2B693 Ushail Sales & Services Vadodara SE 2B694 Zephyr Synthesis Pvt Ltd Vadodara SE 2C695 Asian Agrico Industries Valsad SE 3B696 Keen Diam Pvt Ltd Valsad SE 3B697 Klenzaids Contamination Controls Pvt Ltd Valsad SE 2B698 Prayag Tex Print Pvt Ltd Vapi SE 3B699 Shyamal Organics Pvt. Ltd. Vapi SE 3B

HARYANA

700 Ambala Associates Ambala SE 3C701 Crown Optical Works Ambala SE 3C702 Sealed Energy Systems Ambala SE 3C703 Kiran Packaging Industries Ballabgarh SE 2B704 Amrit Udyog Faridabad SME 3705 Arra Motion Systems Pvt. Ltd. Faridabad SME 4706 ATM Exports Pvt.Ltd. Faridabad SE 3C707 Bachmann Industries India Pvt. Ltd. Faridabad SE 2B708 Coirfoam (India) Pvt. Ltd. Faridabad SE 2C709 Dee Development Engineers Pvt.Ltd. Faridabad SE 1B710 Mini Meters Mfg. Co. Pvt. Ltd. Faridabad SE 3C711 P.G.Engineers Faridabad SE 1B712 Paper Tech Engineers Pvt.Ltd. Faridabad SE 2C713 PICL India Pvt Ltd Faridabad SE 1B714 Precision Machine Tools Faridabad SE 3B715 Saifi Industrial Co. Faridabad SE 4C716 Sandeep Axles Pvt Ltd Faridabad SE 2C717 Savvak Systems Pvt.Ltd. Faridabad SME 3718 NKC Projects Pvt.Ltd. Gurgaon SME 1719 Paltech Cooling Towers & Equipments Ltd. Gurgaon SE 1B720 Rising Sun International Gurgaon SE 3C721 Ajay Polymers Hisar SE 4C722 G. V. (God Vishnu) Rice Unit Karnal SE 2C723 Mahavir Foods Karnal SE 2C

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

11

CRISIL SME Connect

724 Mahesh Mercandise Pvt. Ltd. Karnal SME 3725 Nalagarh Steel Rolling Mill Pvt Ltd. Panchkula SE 3C726 Shree Kangra Steels Pvt. Ltd. Panchkula SE 3C727 Aroma Agrotech Panipat SE 2C728 Jainsons Exports Panipat SE 1B729 Kohinoor Carpets Panipat SE 3B730 Liberty India Panipat SE 3B731 Om Shakti Textiles Panipat SE 3C732 Shiv Shakti Exports Panipat SE 3B733 Mewat Grit Udyog Rewari SE 1B734 Champion Gym Fitness Equipments Pvt Ltd Sonepat SE 3C735 Vimlesh Industries Pvt.Ltd. Sonepat SE 2A

JAMMU & KASHMIR

736 Alpha Menthol Jammu SE 2B737 B.D.Security Pvt.Ltd. Jammu SME 2738 C. L. Gulhati and Sons Limited Jammu SE 3C739 Celestial Polymers Jammu SE 2A740 Dewa Engineers Jammu SE 2B741 I. D. Sood Ispats Pvt. Ltd. Jammu SE 3B742 Masters India Jammu SE 3A743 N. S. Walnut Industries Jammu SE 3C744 Prevest Denpro Ltd. Jammu SE 1C745 Shamson's Industries Jammu SE 3B746 Sud Pines Pvt. Ltd. Jammu SE 3B747 Upkar Roller Flour Mills Pvt. Ltd. Jammu SE 3B

JHARKHAND

748 Rajhans Refractories Pvt. Ltd. Dhanbad SE 2B749 Atibir Hi-Tech Pvt.Ltd Giridih SE 2B750 Bir Steels Pvt. Ltd. Giridih SE 2B751 Carbon Resources Pvt Ltd. Giridih SE 1A752 Minar Heat Transfer Pvt Ltd Giridih SE 3B753 Ruby Mica Co. Pvt. Ltd. Giridih SE 2B754 Ruby Oxygen Pvt Ltd. Giridih SME 5755 The Jai Mica Supply Co. Private Limited Giridih SE 2C756 A Lakshmi Press & Forge Works Jamshedpur SE 3C757 Famica Press Industries (P) Ltd. Jamshedpur SE 3B758 Gajanand Udyog Pvt. Ltd. Jamshedpur SE 2B759 Jai Mangla Sponge Iron Pvt. Ltd. Jamshedpur SME 4760 Jamshedpur Hand Pumps & Allied Products Jamshedpur SE 3B761 Jupiter Hi-Tech Systems Jamshedpur SE 2B762 Vinayak Precon Industries Jamshedpur SE 3B763 Aar Vee Industries Ltd Ranchi SE 3B764 Bhawani Ferrous Pvt. Ltd Ranchi SE 2B765 Classic Coal Construction(P) Ltd Ranchi SME 3766 Divine Alloys and Power Co. Ltd Ranchi SE 3B767 Doyen Flyash Blocks Ranchi SE 3B768 Kamla Instruments Ranchi SE 3B769 Miki Wire Works Pvt Ltd. Ranchi SE 1A770 National Industrial Corporation Ranchi SE 2B771 Ram Kripal Singh Construction (P) Ltd Ranchi SME 3772 S.S.H. Agrotech Pvt.Limited Ranchi SE 3C773 Shree Mahabir Refractories Works Ranchi SE 2C774 Shyamson India (P) Ltd. Ranchi SE 3B775 Technovation Corporation Ranchi SE 3B

KARNATAKA

776 24 X 7 Learning Pvt. Ltd. Bangalore SE 1B777 A. R. Industries Bangalore SE 2B

778 Accord Laser Machining Private Limited Bangalore SE 3B779 Advaith Motors Pvt. Ltd. Bangalore SME 1780 Ajax Fiori Engineering (I) Pvt. Ltd. Bangalore SE 2A781 Alpine Housing Development Corp. Ltd. Bangalore SE 3B782 Alufit (India) Pvt. Ltd. Bangalore SE 2B783 Amba Auto Sales & Services Pvt Ltd Bangalore SE 2C784 Bangalore Plastics Pvt. Ltd. Bangalore SE 2B785 Bangalore Safety Glass Pvt Ltd Bangalore SE 1B786 Beloorbayir Biotech Ltd. Bangalore SE 2C787 Bhuma Technologies Bangalore SE 3C788 BJN Hotels Limited Bangalore SME 2789 Brindavan Roller Flour Mills (P) Ltd. Bangalore SE 3C790 Classic Realty Private Limited Bangalore SME 3791 Dexler Information Solution Pvt Ltd Bangalore SME 1792 Dharamshi Metals Pvt. Ltd. Bangalore SE 2B793 Dolar Engineering Industries Pvt. Ltd. Bangalore SE 3C794 Evangelsoft Pvt Ltd Bangalore SE 4C795 Farcom Cable Systems Pvt. Ltd. Bangalore SE 1B796 Ferrum Extreme Engineering Pvt Ltd Bangalore SE 3B797 Firepro Systems Private Limited Bangalore SME 1798 Fusion Electronics Bangalore SE 2B799 G. I. Auto Pvt. Ltd. Bangalore SE 2A800 G. R. G. Dairy Products Pvt. Ltd. Bangalore SE 2C801 Gan Tools and Components Bangalore SE 2B802 Geeson Metal Finishers Bangalore SE 3C803 Genuine Products Bangalore SE 2B804 Global Heat Treatment Service Pvt Ltd Bangalore SE 4C805 Global Pharmatech Pvt. Ltd. Bangalore SME 4806 Global Printing and Packaging Co Pvt Ltd Bangalore SE 1B807 Goodwill Industries Bangalore SE 2B808 Gopalakrishna Textile Mills Private Limited Bangalore SME 4809 Greenchem Bangalore SE 3C810 Grover Vineyards Ltd. Bangalore SME 4811 HBR Consultants Private Limited Bangalore SME 2812 Hi Herbs Extracts Udyoga Bangalore SE 3B813 Hi-Tech Forging (Bangalore ) Pvt. Ltd. Bangalore SE 2B814 Hiten Fasteners Pvt. Ltd. Bangalore SE 1B815 Honeycomb India Pvt Ltd Bangalore SE 3C816 Janani Tours and Travels Private Limited Bangalore SME 2817 Jayveecons Bangalore SE 3C818 Jiten Plywoods Pvt. Ltd. Bangalore SE 3C819 K. R. Printers Bangalore SE 3B820 Kable First India Pvt Ltd Bangalore SE 2B821 Kamal Bells Bangalore SE 1B822 Kamath Transformers P. Ltd. Bangalore SE 2A823 Karthik Toolings Bangalore SE 3C824 KEJ Minerals Pvt. Ltd. Bangalore SE 3B825 Kropex India Limited Bangalore SE 3C826 Lifeline Feeds India Pvt Ltd Bangalore SE 1B827 Lotus Powergear Private Limited Bangalore SME 1828 Maheshwari Woods Pvt. Ltd. Bangalore SE 2B829 Metrology Equipments Private Limited Bangalore SE 2B830 Micro Plastics Pvt. Ltd. Bangalore SE 2B831 Micron Precision Plastics Bangalore SE 1B832 Microtex Energy Private Limited Bangalore SE 1B833 Mohan Projects Private Limited Bangalore SE 2B834 Namratha Oil Refineries Private Limited Bangalore SE 2B835 Natural Capsules Ltd Bangalore SE 1A836 Natural Textiles Pvt. Ltd. Bangalore SME 2837 Nithila Mining Tools Bangalore SE 3B838 Omkar Offset Printers Bangalore SE 2B839 Oxford Rubbers Pvt. Ltd. Bangalore SE 2B840 P.S Techcom Pvt Ltd Bangalore SE 2B841 Palm Enterprises Bangalore SE 2B842 PKS Presstressed Bangalore SE 3B

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

12

CRISIL SME Connect

843 Polybond Organics Ltd. Bangalore SE 1B844 Poojya Containers Pvt Ltd Bangalore SE 3B845 Poorna Graphics Bangalore SE 3B846 Pradhan Mercantile Pvt Ltd Bangalore SE 2B847 Prajwal Rice Industries Bangalore SE 4C848 Pratham Motors Private Limited Bangalore SME 2849 Prime Carbonic Industries Bangalore SE 3C850 Prime Gases Bangalore SE 3C851 Proseal Closures Ltd. Bangalore SME 2852 Pure Carbo Gases Bangalore SE 3B853 Quality Insulated Conductors Bangalore SE 3B854 Radiant Infosystems Ltd. Bangalore SE 3B855 Rapid Moulders Pvt.Ltd. Bangalore SE 3B856 Rathna Mineral Enterprises Bangalore SE 2B857 Ravi Graphics Bangalore SE 3B858 RGV Telecom Private Limited Bangalore SE 2B859 RING FORGING Pvt Ltd Bangalore SE 2B860 RMM Foods Products Bangalore SE 3C861 S. D. T. C. Exports Pvt. Ltd. Bangalore SME 2862 Saga Biotech Pvt. Ltd Bangalore SE 2C863 Samanthu Business Forms (P) Ltd. Bangalore SME 3864 Sandur Power Company Ltd. Bangalore SME 1865 Silkee Electronics Pvt. Ltd. Bangalore SE 2B866 Sirius Controls Private Limited Bangalore SE 3B867 SKF Boilers and Driers Private Limited Bangalore SE 2B868 Sobha Projects and Trade Private Limited Bangalore SME 1869 Sri Krishna Spinning & Weaving Mills

Private Limited Bangalore SME 3870 Sri Shridevi Charitable Trust Bangalore SME 2871 SS Fabcom India Pvt. Ltd. Bangalore SE 2B872 Star Exports & Imports Bangalore SME 2873 Stonetech Diabrasive Ltd Bangalore SE 3C874 Super Packers Bangalore SE 2B875 Supreme Overseas Exports India Pvt Ltd Bangalore SE 2B876 Surin Automotive Private Limited Bangalore SME 1877 Synthetic Packers Pvt. Ltd. Bangalore SE 2B878 Tasa Foods Private Limited Bangalore SE 3C879 Unique Punch Systems Private Limited Bangalore SE 2C880 Upkar Mining Private Limited Bangalore SME 4881 Vista Infosystem Pvt Ltd Bangalore SE 2B882 Yagachi Auto Gadgets Pvt Ltd Bangalore SE 2C883 Belgaum Ferro Cast (India) Private Limited Belgaum SE 2B884 Durga Metal Profiles Belgaum SE 2B885 Girnar Alloys Private Limited Belgaum SE 2B886 Malaprabha Industries Belgaum SE 2B887 Plusone Machinefabrik Belgaum SE 2A888 Shanti Chemical Works Belgaum SE 2B889 Divyajyoti Steels Ltd. Bellary SME 4890 Hothur Steels Bellary SME 3891 Krishna Stone Tech Private Limited Bellary SE 2C892 Mahesh Extructions Ltd. Bellary SE 2C893 Narayan Engineers Bellary SE 2B894 Bellad & Company Hubli SE 2C895 Bellad and Company Private Limited Hubli SE 2C896 Bellad Enterprises Pvt. Ltd. Hubli SE 2C897 Miven Mayfran Conveyors Private Limited Hubli SE 1A898 shree Heat Treaters and Engineering Hubli SE 3B899 VSFT Quilts & Pillow Pvt. Ltd Hubli SME 5900 Abharan Motors Private Limited Mangalore SE 2A901 Achal Cashews Pvt. Ltd. Mangalore SE 3B902 Achal Industries Mangalore SE 3B903 Baliga Fishnets Mangalore SE 2A904 Dighantha Mudrana Limited Mangalore SE 2C905 Malnad Cashews Mangalore SE 2B906 Mangalore Minerals (Pvt.) Ltd. Mangalore SE 2C

907 Plama Plastics Ltd. Mangalore SE 3B908 Raj Fishmeal & Oil Co. Mangalore SE 3B909 Shagil Precision India Mangalore SE 3C910 Sindhu Plastics Mangalore SE 2B911 Sterling Foods Mangalore SE 2B912 Udaya Steels Manipal SE 3C913 Arvee Chempharma Private Limited Mysore SE 3C914 Darshan Packaging Mysore SE 2B915 KMS Coach Builders Private Limited Mysore SE 2B916 Pattabi Enterprises Mysore SE 1B917 Rasandik Auto Components Pvt Ltd Mysore SE 3C918 Varsha Cables Pvt. Ltd. Mysore SE 2B919 Vinyas Innovative Tech. Pvt. Ltd. Mysore SE 2B

KERALA

920 Devi Wires Alappuzha SE 3B921 Kanti Floor Furnishers Alleppey SE 2B922 Best Wood Industries Aluva SE 3C923 Jothis Cones Pvt. Ltd. Alwaye SE 2B924 ACE Motors Private Limited Calicut SME 2925 Bharat Bakers Cochin SE 2B926 Dhanwanthari Herbal Products Cochin SE 2B927 Guideline Innovative Solutions Pvt. Ltd. Cochin SE 3C928 IGA Tech Industrial Electronics Pvt. Ltd. Cochin SE 2A929 Niseema Printers & Publishers Cochin SE 2B930 Sterling Farm Research & Services Pvt Ltd Cochin SE 2B931 K.K.R. Agro Mills Private Limited Ernakulam SME 3932 K.K.R. Flour Mills Ernakulam SE 2B933 K.K.R. Food Products Ernakulam SE 2B934 K.K.R. Mills Ernakulam SME 3935 Mathstraman Manufacturers & Traders Pvt Ltd Ernakulam SE 2B936 S.N. Rice Mills Ernakulam SE 2B937 Benzy Food & Beverages Pvt. Ltd. Kochi SE 2C938 BESL Infra Projects Ltd. Kochi SE 2C939 Digital Mesh Softech India Pvt. Ltd. Kochi SE 2A940 Eastern Aqua Mineral Kochi SE 4C941 Geo Foundations & Structures Pvt. Ltd. Kochi SE 2B942 J & A Foundations Private Limited Kochi SE 2B943 IPSR Solutions Ltd. Kottayam SE 2B944 Jaimatha Estates Kottayam SE 3B945 Kotts Polymer Industries Kottayam SE 4C946 Perincheril Rubbers Kottayam SE 2C947 T.J.P Rubber Industries Kottayam SE 3C948 T.J.P. Industries Kottayam SE 3C949 Indees Food Industries Palakkad SE 3B950 Shree Rama Industries - Unit I Palakkad SE 3B951 Sinicon Controls (P) Ltd. Palakkad SE 2C952 Sleeves India Pvt. Ltd. Palakkad SE 3C953 Sreerama Industries (Unit-II) Palakkad SE 3B954 Sreerama Scaffold Systems Palakkad SE 3B955 Poabs Granite Products Pvt. Ltd. Pathanamthitta SE 2B956 Rain Concert Technologies (P) Limited Trivandrum SE 3B957 Santhome Latex Enterprises Trivandrum SE 2B958 Lunar Rubbers (P) Ltd Thodupuzha SE 1B959 Sirex Designer Tiles Thodupuzha SE 2B960 Toyo Rubbers Thodupuzha SE 3C961 Direct Publishers Thrissur SE 2B962 Mode Advertisers Thrissur SE 3C963 Molly Enterprises Thrissur SE 3C964 Poly Industries Thrissur SE 3C965 Southern Union Pharmaceuticals

(Kerala) Pvt. Ltd. Thrissur SE 1B966 Sri Ayyappa Pappad Industries Thrissur SE 3C

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

13

CRISIL SME Connect

967 Sunil Catering Services Thrissur SE 3C968 Thrissur Wovens (P) Ltd. Thrissur SE 3C969 Victoria Polyform Thrissur SE 2B970 Ambigai Engg. Works Trichur SE 2C

MADHYA PRADESH

971 Bend Joints Pvt Ltd Bhopal SE 1B972 Bhopal Switchgears Pvt. Ltd. Bhopal SE 1B973 E. M. Electro Mechanicals Pvt. Ltd. Bhopal SE 1A974 H.K.Cotton Industries Bhopal SE 3C975 M. P. Board And Paper Mills Pvt. Ltd. Bhopal SE 2B976 Nikhil Sugar Ltd. Bhopal SME 5977 Serman (India) Road Makers Pvt. Ltd. Bhopal SE 2B978 Vaishnav Fibre Ltd. Bhopal SE 2B979 Navkar Impex Pvt. Ltd. Chindwara SE 3B980 Bakul Castings Pvt. Ltd. Dewas SE 2B981 Gajra Gears Pvt. Ltd. Dewas SME 4982 K M Crown Welding Consumables Pvt Ltd Dewas SE 3C983 Banmore Foam Pvt. Ltd. Gwalior SE 1B984 Chambal Dairy Products Gwalior SE 2B985 Jai Maruti Gas Cylinders Ltd. Gwalior SE 1A986 Precision Industrial Systems Gwalior SE 3B987 Prem Motors Pvt. Ltd. Gwalior SE 1B988 Sun Ultra Technologies Private Limited Gwalior SE 2B989 Vectus Industries Limited Gwalior SE 2A990 Ambika Solvex Ltd. Indore SME 2991 Arya Filaments (P) Ltd. Indore SE 2B992 C. P. Industrial Products Ltd. Indore SE 3B993 Cee Cee Power Hydraulics Pvt. Ltd. Indore SE 1B994 Chhaganlal Kishanlal & Company Indore SE 3B995 CMM Infraprojects Ltd. Indore SME 3996 Eagle Seeds And Biotech Ltd. Indore SE 1B997 Ferro Concrete Const (I) Pvt. Ltd. Indore SE 2A998 Hertz Electronics Indore SE 3B999 Indra Marshall Oil Engines Indore SE 2C1000 ITL Industries Limited Indore SE 1B1001 Jash Precision Tools Ltd. Indore SE 1B1002 Laxmi Pipes & Fittings Pvt. Ltd. Indore SE 1C1003 Mahadhan Seeds Pvt. Ltd. Indore SE 2B1004 Mahalaxmi Extrusions Indore SE 3B1005 Monemika Industries Indore SE 3C1006 Narayan Niryat India Private Limited Indore SME 31007 Narendra Cotfibre Industries Indore SE 3B1008 Narendra Industries Indore SE 3B1009 R. S. Electricals Pvt. Ltd. Indore SE 2B1010 Rajesh Industries Indore SE 4C1011 Raneka Industries Ltd. Indore SE 1B1012 Sai Machine Tools Pvt. Ltd. Indore SE 2B1013 Sarvottam Vegetable Oil Refinery Pvt. Ltd. Indore SE 2B1014 SCC Projects Private Limited Indore SME 21015 Shree Tirupati Balajee Agro Trading

Co. Pvt. Ltd. Indore SE 1B1016 Shree Venkateshwar Cotton Co. Indore SE 3B1017 Socrus Pharmacuticals Ltd. Indore SE 1A1018 Syncom Helath Care Ltd. Indore SE 1B1019 Primo Pick N Pack Ltd. Jabalpur SME 21020 Ajay Food Products (Katni) Pvt. Ltd. Katni SE 1B1021 Mahakoshal Refrectries (P) Ltd. Katni SE 1B1022 Vyanktesh Corrugators Pvt. Ltd. Ujjain SE 2B

MAHARASHTRA

1023 Dhananjay Industries Ahmednagar SE 3B

1024 Dhoot Compack Ltd. Ahmednagar SME 21025 Klassic Wheels Pvt. Ltd. Ahmednagar SE 3C1026 Kontak Comforts Pvt. Ltd. Ahmednagar SE 2B1027 Ramdas Rolling Mill Pvt. Ltd. Ahmednagar SE 3C1028 Sai Engineers & Machineries Pvt. Ltd. Ahmednagar SE 2B1029 Siddhi CNC Pvt. Ltd. Ahmednagar SE 2B1030 Siddhi Forge Pvt. Ltd. Ahmednagar SE 2B1031 Valency Compounds Services Pvt. Ltd. Ahmednagar SE 2B1032 J. S. Cotton Industries Akola SE 2B1033 Manikji Metachem Pvt Ltd Akola SE 2B1034 Bhuwaneshwari Refineries Pvt. Ltd. Amravati SE 3B1035 Indrajit Singh Chhabra Amravati SME 31036 Jadhao Agro Industries Pvt. Ltd. Amravati SE 3C1037 Palekar Bakery Pvt. Ltd. Amravati SE 3B1038 Parasnath Industries Pvt Ltd Amravati SE 2B1039 Apul Hi - Tech Aurangabad SE 3B1040 Aurangabad Food Industries Aurangabad SE 3B1041 Dhoot Polyfabric Private Limited Aurangabad SE 3B1042 Grind Master Machines Pvt. Ltd. Aurangabad SE 1B1043 Hifield-Ag Chem India Pvt. Ltd. Aurangabad SE 2A1044 Maharashtra Metal Industries Pvt. Ltd. Aurangabad SE 2B1045 Manisha Infrastructure Pvt. Ltd. Aurangabad SME 31046 Micro Machining Services Aurangabad SE 3C1047 Omech Engineering Co. Pvt. Ltd. Aurangabad SE 3C1048 Parason Machinery (India) Private Limited Aurangabad SE 2B1049 Pradeep Fibres Pvt. Ltd. Aurangabad SE 3B1050 Precisions Engineers Aurangabad SE 1A1051 Prithvi Prakashan Pvt. Ltd. Aurangabad SME 11052 Rachana Industries Aurangabad SE 3B1053 Raja Tools Aurangabad SE 2B1054 S. S. Engineering Works Aurangabad SE 3C1055 Sahyog Engineering Pvt. Ltd. Aurangabad SE 3B1056 SAI Enterprises Aurangabad SE 3B1057 Shri Gajanan Oil & Agro Products

Industries Pvt. Ltd. Aurangabad SE 3C1058 Shri Rajendra Fibre Aurangabad SE 3B1059 Snehal Plastic Industries Aurangabad SE 3C1060 Sourabh Heat Treatments Aurangabad SE 3C1061 Specialty Polyfilms (I) Pvt. Ltd. Aurangabad SME 31062 Sun Diapet Aurangabad SE 2B1063 Swajit Abrasives Pvt. Ltd. Aurangabad SE 3B1064 Swajit Engineering Pvt. Ltd. Aurangabad SME 21065 Swajit Thermotreat Pvt. Ltd. Aurangabad SE 3B1066 Tapadia Constructions Ltd. Aurangabad SME 31067 Tool Tech Toolings Aurangabad SE 2B1068 Yeshshree Press Comps Pvt. Ltd. Aurangabad SE 1C1069 Bansal Solvents Pvt. Ltd. Beed SE 2B1070 Gajanan Extraction Ltd. Beed SE 2A1071 Vaidyanath Sahakari Sakhar Karkhana Ltd. Beed SME 31072 Yogeshwari Sugar Industries Ltd. Beed SME 51073 Datta Irrigation Company Jalgaon SE 3C1074 Gopal Pulse Processors Pvt. Ltd. Jalgaon SE 2B1075 Kogta Global Pvt. Ltd. Jalgaon SE 2C1076 Kogta Import Export Pvt. Ltd. Jalgaon SE 3B1077 Kogta International Pvt. Ltd. Jalgaon SE 2C1078 Krishna Cotton Jalgaon SE 2C1079 Mahaveer Ginning And Pressing Jalgaon SE 3C1080 Manraj Motors Pvt. Ltd. Jalgaon SE 2B1081 Matoshree Ginning & Pressing Factory Jalgaon SE 3C1082 Nitiraj Engineers Pvt. Ltd. Jalgaon SE 2A1083 Prem Grain Industries Pvt. Ltd. Jalgaon SE 2C1084 R.K. Patel & Co. Tobacco Processors Jalgaon SE 3C1085 Sachin Udyog Jalgaon SE 3B1086 Satpuda Automobiles Jalgaon SE 2C1087 Sikhwal Udyog Jalgaon SE 3C

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

14

CRISIL SME Connect

1088 Tirupati Fabricators Pvt. Ltd. Jalgaon SE 3B1089 Vinay Agro Industries Jalgaon SE 3B1090 Vitrag Agro Industries Jalgaon SE 3B1091 Abhay Cotex Pvt. Ltd. Jalna SME 41092 Mulchand Phulchand Krishi Udhyog Pvt Ltd Jalna SE 3B1093 Shri Om Rolling Mills Private Limited Jalna SME 31094 Vinodrai Engineers Pvt. Ltd Jalna SE 2B1095 Allied Products Kolhapur SE 2B1096 Budhale & Budhale Kolhapur SE 2B1097 Budhale Engineers Pvt. Ltd. Kolhapur SE 2B1098 Caspro Metal Industries Pvt. Ltd. Kolhapur SE 1A1099 Castall Industies Kolhapur SE 2B1100 Ceraflux India Pvt. Ltd. Kolhapur SE 1A1101 Consolidated Eutectics (Kolhapur) Pvt Ltd Kolhapur SE 2B1102 DN Wind Systems India Pvt. Ltd. Kolhapur SE 3B1103 Metallurgy Collaboration Kolhapur SE 2B1104 Parikh Udyog Kolhapur SE 2B1105 Perfect Pins Kolhapur SE 5C1106 Polychemical Fibroplast Pvt. Ltd. Kolhapur SE 3C1107 Preci Fab Engineers Kolhapur SE 2C1108 Rocket Engineering Corporation Pvt Ltd Kolhapur SE 1B1109 Rushikesh Paper Mills Pvt Ltd Kolhapur SE 3B1110 S. B. Reshellers Pvt. Ltd. Kolhapur SE 1A1111 S. G. Phyto Pharma Pvt. Ltd. Kolhapur SE 2B1112 Super Craft Foundary Kolhapur SE 1A1113 Versatile Engineers Kolhapur SE 3B1114 3D Technopack Ltd Mumbai SME 41115 5 Star Galvanizers Mumbai SE 3B1116 8.V.Exports Mumbai SE 2B1117 Aarvi Encon Pvt. Ltd. Mumbai SME 11118 Abhishekh Organics Pvt. Ltd. Mumbai SE 2C1119 Aeroflex Industries Ltd. Mumbai SME 11120 Aerolite Engineers Pvt. Ltd. Mumbai SE 2B1121 Agarwal Industries Mumbai SE 3B1122 Agarwal Petrochem Pvt. Ltd. Mumbai SE 2B1123 AKRY Organics Pvt. Ltd. Mumbai SE 2A1124 Alankar Fabricators and Engineers Mumbai SE 2B1125 Alert Fire Protection Systems Pvt. Ltd. Mumbai SE 2A1126 Alliance Engineering Company Mumbai SE 2A1127 Amee Metals Pvt. Ltd. Mumbai SE 2B1128 Ameeja Enterprises Mumbai SE 2B1129 Amisha Vinyls Private Limited Mumbai SME 21130 Ammonia Supply Company Mumbai SE 2B1131 Anchor Cork Pvt. Ltd. Mumbai SE 2B1132 Anchor Mark Pvt. Ltd. Mumbai SE 2B1133 Anita Medical Systems Pvt. Ltd. Mumbai SME 31134 Antony Garage Pvt. Ltd. Mumbai SE 2B1135 Aquachem Enviro Engineers Pvt. Ltd. Mumbai SE 1A1136 Arihant Dyechem Mumbai SE 2C1137 Arochem Industries Mumbai SE 2B1138 Arun Bros. Mumbai SE 2C1139 Ashapura China Clay Company Mumbai SE 2B1140 Ashish Life Science Pvt. Ltd. Mumbai SE 2B1141 Ashtvinayak Construction Mumbai SME 31142 ASMACS Mumbai SME 11143 Associated Power Structures Pvt Ltd Mumbai SME 11144 Auto Power Mumbai SE 2B1145 Automatic Electric Ltd. Mumbai SE 2B1146 Autopack Machines Private Limited Mumbai SE 1B1147 Avi Global Plast Private Limited Mumbai SME 31148 Bachhil Steel Pvt. Ltd. Mumbai SE 3B1149 Badamia Containers Mumbai SE 2C1150 Balaji Cars Private Limited Mumbai SME 41151 Balaji S. S. Sheets Pvt. Ltd. Mumbai SE 3B1152 Balbir Rolling Mills Ltd. Mumbai SE 2A

1153 Bharat Chemicals Mumbai SE 2B1154 Bharatiya Plastic Products Mumbai SE 2B1155 Bhavna Chemical Industries Mumbai SE 2B1156 Borax Morarji Ltd. Mumbai SME 21157 Britacel Silicones Ltd. Mumbai SE 2B1158 Buneesha Chem Pvt Ltd. Mumbai SE 2A1159 Career Avenues (I) Pvt. Ltd. Mumbai SME 21160 Cedar Decor Pvt. Ltd. Mumbai SE 2B1161 Chemax Multikotes(I) Pvt. Ltd. Mumbai SE 2B1162 Chemco Dyestuffs Pvt. Ltd. Mumbai SE 2C1163 Chhaya Gems Mumbai SE 2C1164 Color Copi (India) Services Mumbai SME 41165 Connectwell Industries Pvt. Ltd. Mumbai SME 11166 Core Chemicals (Mumbai) Pvt. Ltd. Mumbai SE 2B1167 Crystal Plastics and Metallizing Pvt. Ltd. Mumbai SE 2B1168 Daga Global Chemicals Ltd Mumbai SME 21169 Daman Polymers India Pvt. Ltd. Mumbai SE 2B1170 Decorative Products Mumbai SE 3C1171 Deepak Diamonds Mumbai SE 2B1172 Deepak Industries Mumbai SE 3B1173 Deesan Agro-Tech Ltd. Mumbai SE 1B1174 Devashish Infrastructure Pvt Ltd Mumbai SE 1B1175 Devashish Interiors Pvt Ltd Mumbai SE 1B1176 Dima Products Mumbai SE 2B1177 Dinesh Engineers Pvt. Ltd. Mumbai SME 41178 Dinshaw Filtration Systems Pvt. Ltd. Mumbai SE 3C1179 Dipesh Engineering Works Mumbai SE 2B1180 Duke Plasto Technique Private Limited Mumbai SE 2B1181 Durable Packaging Industries Mumbai SME 41182 Durian Industries Ltd. Mumbai SE 2A1183 Dynacrafts Air Controls Mumbai SE 1A1184 Dynamic Flow Products Pvt. Ltd. Mumbai SME 21185 Eagle Star Industries Mumbai SE 2A1186 Elcome Marine Services Pvt. Ltd. Mumbai SME 11187 Eleganza Jewellery Ltd Mumbai SME 11188 EMMBI Polyarns Limited Mumbai SME 21189 Entod Pharmaceuticals Ltd Mumbai SE 2B1190 Eric Apparel Pvt. Ltd. Mumbai SE 2A1191 Eurotech Cylinders Pvt. Ltd. Mumbai SE 2A1192 Excellent Engineering & Allied

Services Pvt. Ltd. Mumbai SE 2B1193 Fab Industries Mumbai SE 2B1194 Fineline Circuit Company Mumbai SE 2A1195 Four Pillars Communications Pvt Ltd Mumbai SE 1B1196 G P Offset Pvt Ltd Mumbai SME 21197 Gajra Differential Gears Pvt. Ltd. Mumbai SME 41198 Gayatri Paper Mills Pvt. Ltd. Mumbai SE 3B1199 Geneous Paint Pvt. Ltd. Mumbai SE 2B1200 Global Energy Food Industries Mumbai SE 2B1201 Glow Pharma Pvt. Ltd. Mumbai SE 2B1202 Guddi Plastcon Pvt Ltd. Mumbai SE 1A1203 Hardware Trading Corporation Mumbai SME 21204 Haribhakti MRI Corporate Services Pvt Ltd Mumbai SE 1B1205 Harsiddha Engineering Works Mumbai SE 2B1206 HI-Point Services (India) Pvt. Ltd. Mumbai SE 2B1207 Homa Engineering Works Mumbai SE 3C1208 Home Line Products Mumbai SE 1B1209 Indu Industries Mumbai SE 3C1210 Inmarco Industries Pvt Ltd Mumbai SE 1A1211 Innovative Organics (100% EOU) Mumbai SE 2A1212 Intermedia Prints Pvt Ltd Mumbai SME 31213 Janak Healthcare Private Limited Mumbai SME 11214 Jasma Engineering Mumbai SE 2A1215 Jayant Printery Mumbai SE 2C1216 Jejani Pulp & Paper Mills Pvt. Ltd. Mumbai SE 2B

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

15

CRISIL SME Connect

1217 Jenburkt Pharmaceuticals Ltd. Mumbai SE 1A1218 Jodhani Exports Mumbai SME 41219 Jorss Rubber Polymers Mumbai SE 3C1220 Jyoti Plastic Works Pvt. Ltd. Mumbai SE 1A1221 K û Nine Writing Systems Mumbai SE 3B1222 K. Patel Metal Industries Pvt. Ltd. Mumbai SE 1B1223 Kasliwal Automotives Pvt. Ltd. Mumbai SME 41224 Kaushal Silk Mills Pvt. Ltd. Mumbai SE 2B1225 Kome Steel Industries Pvt. Ltd. Mumbai SE 2C1226 Konark Infrastructure Ltd. Mumbai SE 1B1227 Konark Petro Products (I) Pvt. Ltd. Mumbai SE 1B1228 Konark Projects Pvt. Ltd. Mumbai SE 3B1229 Kores Printer Technology Pvt. Ltd. Mumbai SE 2B1230 Krystal Steel Mfg. P. Ltd. Mumbai SE 3C1231 Kusumgar Corporates Private Limited Mumbai SE 2B1232 L. N. Chemical Industries Mumbai SE 1A1233 LabIndia Instruments Pvt. Ltd. Mumbai SE 1A1234 Lasons India Pvt. Ltd. Mumbai SE 1B1235 Lexi Pens (India) Pvt. Limited Mumbai SME 11236 Lilly Maritime Pvt. Ltd. Mumbai SME 31237 Loba Chemie Pvt. Ltd. Mumbai SE 1A1238 London Star Diamond Co. (I) Pvt. Ltd. Mumbai SME 31239 Lumino Industries Ltd. Mumbai SME 21240 M. M. Ceramics & Ferro Alloys Mumbai SME 31241 M. S. Engineers Mumbai SE 1A1242 Maa Ashish Textile Industries Pvt. Ltd. Mumbai SE 2B1243 Madhuban Motors Pvt. Ltd. Mumbai SME 41244 Maharana Pratap Education Center Mumbai SME 31245 Mahendra Corporation Mumbai SME 51246 Maldar Barrel Pvt. Ltd. Mumbai SE 2B1247 Mandev Tubes Pvt Ltd Mumbai SE 1B1248 Manik Machinery Mfgrs. P. Ltd. Mumbai SE 2B1249 Manika Moulds Pvt Ltd Mumbai SME 21250 Marine Electronics & Navigation

Systems Pvt. Ltd. Mumbai SE 2C1251 Markoline Traffic Control Pvt. Ltd. Mumbai SE 2B1252 Marvel Gloves Industries Mumbai SE 1B1253 Meera Cotton & Synthetic Mill P. Ltd. Mumbai SME 21254 Mega Engineering Pvt. Ltd. Mumbai SE 1B1255 Mehta Api Pvt. Ltd. Mumbai SE 2C1256 Mehta Petro Refineries Ltd. Mumbai SE 2B1257 Mehta Pharmaceutical Industries Mumbai SE 2A1258 Mehta Syntex Pvt. Ltd. Mumbai SE 3B1259 Metalsales Manufacturing Co. Pvt. Ltd. Mumbai SE 3B1260 Mevada Engineering Works Pvt. Ltd. Mumbai SE 1B1261 MFC Transport Pvt. Ltd. Mumbai SME 21262 Modern Engineering and Spring Company Mumbai SE 2B1263 Modhera Chemicals Pvt Ltd Mumbai SE 1A1264 Momai Impex Mumbai SE 3C1265 Money Packers Mumbai SE 2B1266 MRK Packaging Mumbai SE 2A1267 MTC Business Pvt Ltd Mumbai SME 21268 Nandan Ground Support Equipment Pvt Ltd Mumbai SE 1B1269 Narhari Engineering Works Mumbai SE 2A1270 National Cement Pipe Co. Mumbai SE 3B1271 Navbharat Industrial Needs Mumbai SME 51272 Newkem Engineers Pvt. Ltd. Mumbai SME 21273 Newkem Products Corporation Mumbai SE 2A1274 Nik - San Engineering Company Pvt. Ltd. Mumbai SE 1B1275 Orbit Wires Industries Mumbai SE 3B1276 Oswal Udhyog Mumbai SE 2B1277 Outdoor Advertising Professionals (I) Pvt Ltd Mumbai SME 21278 Panama Engineering Enterprise Mumbai SE 3B1279 Paramount Forge Mumbai SE 1A1280 Paras Auto Industries Mumbai SE 3C

1281 Parasrampuria Engineers Mumbai SE 2C1282 Parekh Aluminex Limited Mumbai SME 11283 Permeshwar Creations P. Ltd. Mumbai SE 3B1284 Permeshwar Fashions Impex P. Ltd. Mumbai SE 2B1285 Pollution Protection Systems Mumbai Pvt Ltd Mumbai SME 31286 Poly Blow Industries Mumbai SE 3B1287 Polysil Pipes Mumbai SE 2A1288 Polytronic Corporation Mumbai SE 3C1289 Premier Hollowares P. Ltd. Mumbai SE 1A1290 Presswell Filters Pvt. Ltd. Mumbai SE 2C1291 Print Control Mumbai SME 41292 Priyheer Infrastructures Pvt. Ltd. Mumbai SME 41293 Protochem Industries Pvt Ltd Mumbai SE 1A1294 Punit Construction Co. Mumbai SME 41295 Purav Industries Mumbai SE 2B1296 R. D. Engineers (India) Pvt. Ltd. Mumbai SE 2C1297 Rachna Plasticzers Mumbai SE 1A1298 Radiant Computer Technologies Mumbai SME 41299 Raghuvanshi Exports Mumbai SE 2B1300 Rahul Synthetics Pvt. Ltd. Mumbai SME 31301 Raiyani Brothers Mumbai SE 3B1302 Ram International Mumbai SE 3B1303 Ramani Exports Mumbai SE 2B1304 Rambo Fashion Ltd. Mumbai SME 31305 Redflames Alloyz Pvt. Ltd. Mumbai SE 3B1306 Regency Nirman Ltd. Mumbai SE 2B1307 Relicab Cable Corporation Mumbai SE 2B1308 Revathi Enterprises Mumbai SE 1B1309 Rite Developers Pvt. Ltd. Mumbai SME 41310 Robotic Equipments Mumbai SE 2C1311 Rohit Infra Projects Private Limited Mumbai SME 41312 Rolliflex Industries Mumbai SE 1A1313 Rolson Industries (I) Ltd. Mumbai SE 3B1314 Rolson Synthetics Pvt. Ltd. Mumbai SE 3C1315 Romil Enterprises Mumbai SE 3C1316 Rupam Impex Mumbai SE 2B1317 S D Fine-Chem Limited Mumbai SE 1A1318 S. P. Steel Corporation Mumbai SME 41319 S. S. B. Metal Work's Mumbai SE 2B1320 S.A.F.Refrigeration Engineering Mumbai SE 2B1321 Salvi Chemical Industries Ltd. Mumbai SME 31322 Samrat Remedies Ltd. Mumbai SE 2B1323 Samrudh Pharmaceuticals Pvt. Ltd. Mumbai SE 2B1324 Sanjivani Paranteral Ltd. Mumbai SE 1A1325 SBIW Steels Pvt Ltd. Mumbai SME 41326 Scope T & M Pvt. Ltd. Mumbai SE 2B1327 Scorpion Containers Pvt. Ltd. Mumbai SE 2B1328 Sea Hawk Marine & Allied Services Pvt Ltd Mumbai SE 3B1329 Service Syndicate Mumbai SE 2B1330 Shivali Udyog Ltd. Mumbai SME 31331 Shobha Asar Jewellery Pvt. Ltd. Mumbai SE 1B1332 Shree Balaji Processors Mumbai SE 3B1333 Shree Krishna Polyfilms Pvt. Ltd. Mumbai SE 2C1334 Shree Pack Industries Mumbai SE 3C1335 Shree Ram Sponge & Steels Pvt. Ltd. Mumbai SME 31336 Shree Ramkrishna Electro Controls Ltd. Mumbai SE 3C1337 Shreeji Screen & Filters Mumbai SE 3B1338 Shreeram Engineers Mumbai SE 3C1339 Shrinil Industries Mumbai SE 3C1340 Shubh Enterprises Mumbai SME 41341 Siddharth Constructions Mumbai SME 31342 Siddhartha Logistics Co. Pvt. Ltd. Mumbai SME 21343 SIMA Products Mumbai SE 2B1344 Sinic Electronics Pvt. Ltd. Mumbai SE 2B1345 Sisco Research Laboratories Pvt. Ltd. Mumbai SE 2B

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

16

CRISIL SME Connect

1346 Smart I Electronics Systems Pvt. Ltd. Mumbai SE 2B1347 Smruta Engineering Industries Pvt Ltd. Mumbai SE 2B1348 SMS Scientific Products Pvt. Ltd. Mumbai SE 2B1349 Solitaire Machine Tools Ltd. Mumbai SME 11350 Souza Hatcheries Mumbai SE 2B1351 Speciality Industrial Polymers &

Coatings Pvt. Ltd. Mumbai SE 1B1352 Sui Generis Appliances Pvt. Ltd. Mumbai SE 3C1353 Suketu Organics Pvt Ltd Mumbai SE 3B1354 Sun & Kingly Pharmaceuticals Pvt. Ltd. Mumbai SE 2C1355 Sundersons Logistics Pvt. Ltd. Mumbai SME 11356 Sunmar Industries Mumbai SE 2B1357 Sunrise Gold Alloys Pvt. Ltd. Mumbai SE 2B1358 Sunrise Metallic India Pvt. Ltd. Mumbai SE 2B1359 Supremex Equipments Mumbai SE 2B1360 Suraaj Linens Pvt Ltd Mumbai SME 41361 Suraj Air Flow Engineers Mumbai SE 2A1362 Swastik Wire Industries Pvt. Ltd. Mumbai SE 3B1363 Tech Seal Engineering Pvt. Ltd. Mumbai SE 3B1364 Technocrats Plasma Systems Pvt. Ltd. Mumbai SE 2B1365 Temple Packaging Pvt. Ltd. Mumbai SME 31366 Themis Laboratories Pvt Ltd Mumbai SME 11367 Tirupati Texturizers Mumbai SE 2B1368 Topaz Exports Mumbai SE 3C1369 Transpower Switchgear Industries Mumbai SE 3C1370 Trishla Steel Center Mumbai SE 2C1371 Unique Chemoplant Equipments Mumbai SE 2B1372 Unitech Fibres Pvt. Ltd Mumbai SE 3C1373 Universal Asphalt Products &

Construction Company Mumbai SE 3B1374 Vallabhbhai Dhanjibhai And Co. Mumbai SE 2B1375 Valrack Modular Systems Pvt. Ltd. Mumbai SE 1B1376 Vardhaman Technology Pvt. Ltd. Mumbai SE 1B1377 Varni Gems Mumbai SE 3B1378 Vcorr Packsys Private Limited Mumbai SE 2B1379 Veer Metal Industries Pvt. Ltd. Mumbai SE 2C1380 Veto Electropowers India Pvt.Ltd. Mumbai SE 2A1381 V-Excel Spares & Equipment P. Ltd. Mumbai SE 2B1382 Vikram Plasticizers Mumbai SE 1A1383 Vipul Dyechem Ltd. Mumbai SE 1B1384 Viral Founders Pvt. Ltd. Mumbai SE 3C1385 Vitarich Agro Food (India) Limited. Mumbai SE 2B1386 Vora Packaging Pvt. Ltd. Mumbai SE 2B1387 Waaree Energies Pvt. Ltd. Mumbai SME 51388 Waaree Instruments Ltd. Mumbai SE 1A1389 Waaree MM Petro Tech Pvt. Ltd. Mumbai SE 3C1390 Wellknown Polyester Limited Mumbai SME 21391 Western Metaflux Pvt. Ltd. Mumbai SE 2C1392 Western Press Pvt. Ltd. Mumbai SME 21393 Western Steel Drums Pvt Ltd Mumbai SE 2B1394 Wirecom (India) Private Limited Mumbai SE 2B1395 Yash Enterprises Mumbai SE 2A1396 Yash Poly Industries Pvt Ltd Mumbai SE 2C1397 Zeemag Industries Mumbai SE 2A1398 Zenith Computer Ltd. Mumbai SE 1B1399 Zenith Infotech Ltd. Mumbai SE 1A1400 Aditya Air Products Pvt. Ltd. Nagpur SE 1B1401 Agrawal Poha Mill Nagpur SE 3C1402 B. P. Industries Nagpur SE 3B1403 Enestee Engineering Pvt. Ltd. Nagpur SE 2B1404 Friends Timber (P) Ltd. Nagpur SE 2C1405 Ganga Iron & Steel Trading Co. Nagpur SME 31406 Golechha Housing & Infrasturcture Pvt Ltd Nagpur SME 41407 Hariwansh Packaging Products Nagpur SE 2C1408 Harrier Information Systems Pvt. Ltd. Nagpur SE 3B

1409 Hartex Tubes Pvt. Ltd. Nagpur SE 2B1410 Hindustan Metal Company Nagpur SE 3C1411 Indo Flame Petrochemicals Ltd. Nagpur SE 4C1412 Indo Unique Flame Ltd. Nagpur SE 2B1413 Indus Paper Boards Pvt. Ltd. Nagpur SE 3C1414 JDS Transformers Industries Pvt. Ltd. Nagpur SE 2C1415 Kaushik Udyog Ltd. Nagpur SE 2B1416 Lyra Polymer Nagpur SE 3C1417 Mecgale Pneumatics Pvt. Ltd. Nagpur SE 1B1418 Micropark Logistics Pvt. Ltd. Nagpur SE 3C1419 MPM Private Ltd Nagpur SE 1B1420 Nagpur Transwell Power Pvt. Ltd. Nagpur SE 2B1421 Omkar Agrotech Private Limited Nagpur SE 3C1422 Omkar Polymers Pvt. Nagpur SE 2B1424 Paramount Conductors Ltd. Nagpur SME 21425 PMA Construction Company Nagpur SE 3B1426 Radiant Lubes (P) Ltd. Nagpur SE 3B1427 Ramsons Castings Pvt. Ltd. Nagpur SE 2B1428 Ramsons TMT Private Limited Nagpur SE 2B1429 Raviraj Plastics Nagpur SE 3B1430 Shree Vyankateshwara Glass Pvt. Ltd. Nagpur SE 2B1431 Sunder Rolling Mills Pvt. Ltd. Nagpur SE 3B1432 Surya Spinners Nagpur SE 3B1433 Swastik Cement Products Nagpur SE 4C1434 Tajpuriya Wood Works Pvt. Ltd. Nagpur SE 2B1435 Tristar Retail Pvt Ltd Nagpur SME 21436 Tristar Tradelink Pvt. Ltd. Nagpur SME 21437 Unijules Life Sciences Ltd. Nagpur SE 1B1438 Akshay Drycleaners Nanded SE 2B1439 Sai Smaran Food Limited Nanded SE 2B1440 Shiva Fertilizers Ltd. Nanded SE 1B1441 Shree Krishna Khandsari Sugar Mills Nanded SE 2B1442 Shri Satyasai Oil Industries & Refinery Nanded SE 2B1443 Sree Siddarameshwara Agro Industries Nanded SE 3B1444 A. D. Wines Nashik SE 3C1445 Aksharchitra Nashik SE 2C1446 Ambar Forge Pvt. Ltd. Nashik SE 2B1447 Anish Pharma Equip Pvt. Ltd. Nashik SE 2C1448 Autocop (India) Pvt. Ltd. Nashik SME 21449 Babanlal Bhikulal Fibers Pvt. Ltd. Nashik SE 3B1450 Boraste Agro Impliments & Allied Industry Nashik SE 2B1451 Copper Semis Pvt. Ltd. Nashik SE 2B1452 Electrofab Innovations (I) Pvt. Ltd. Nashik SE 2C1453 Essey Engineering Company Nashik SE 3C1454 Herodex Power Systems Pvt. Ltd. Nashik SE 2A1455 Icon Industries Nashik SE 3B1456 Intimate Packwell Pvt. Ltd. Nashik SE 3B1457 Kaizen Measuring Systems (P) Ltd. Nashik SE 2B1458 Karan Development Services Pvt. Ltd. Nashik SME 21459 KCK Exports Limited Nashik SME 21460 Keystone Appliances Pvt. Ltd. Nashik SME 21461 Kimplas Piping Systems Ltd. Nashik SME 31462 Lakhotia Polyesters (I) Pvt. Ltd. Nashik SE 3C1463 Lata Power Control Engineers (P) Ltd. Nashik SE 3B1464 Madhav Capacitors Pvt. Ltd. Nashik SE 1B1465 Mahacot Textiles Pvt. Ltd. Nashik SE 3B1466 Mayur Valve Company Nashik SE 2C1467 Mega Fabricators Pvt. Ltd. Nashik SE 2B1468 Neelay Industries Nashik SE 2B1469 Neelay Metal Industries Nashik SE 2B1470 Nipo Systems Pvt. Ltd Nashik SE 3B1471 Panchvati Valves & Flanges Pvt. Ltd. Nashik SE 2B1472 Prathoma Switchgears Pvt. Ltd. Nashik SE 2C1473 Precision Forging And Stamping Nashik SE 2B1474 Radhey Forgings Pvt. Ltd. Nashik SE 2B

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

17

CRISIL SME Connect

1475 S. S. Enterprises Nashik SE 3C1476 Saini Engineering Works Nashik SE 3B1477 Sam Consultech Nashik SE 2B1478 Sercon Electro Systems Pvt. Ltd. Nashik SE 2B1479 Shivam Polymers Nashik SE 2C1480 Shree Madhur Foods Products P. Ltd. Nashik SE 2C1481 Shweta Infrastructure & Housing Pvt. Ltd. Nashik SME 31482 Shweta Print Pack Pvt Ltd. Nashik SE 1B1483 Sivananda Electronics Nashik SME 21484 Somesh Forge Pvt. Ltd. Nashik SE 2C1485 Souvenir Developers India Pvt. Ltd. Nashik SME 41486 Spectrum Ethers Ltd. Nashik SME 31487 SW Metaform Pvt. Ltd. Nashik SE 2B1488 Tirupati Rubber Products Nashik SE 2B1489 United Engineers Nashik SE 3C1490 United Heat Transfers Private Limited Nashik SE 2B1491 Victor Switchgear Pvt. Ltd. Nashik SE 2C1492 Winjit Technologies Pvt. Ltd. Nashik SE 1B1493 Akshay Controls & Systems Pvt. Ltd. Navi Mumbai SE 2B1494 Bainite Machines Pvt. Ltd. Navi Mumbai SE 2B1495 Ejeyes Components Pvt. Ltd. Navi Mumbai SE 2C1496 Field Master Navi Mumbai SE 3B1497 Frontline Roll Forms Pvt. Ltd. Navi Mumbai SE 3C1498 Govik Electricals Pvt. Ltd. Navi Mumbai SME 11499 Kokama International Pvt. Ltd. Navi Mumbai SE 2C1500 Krasny Marine Services Private Limited Navi Mumbai SE 1A1501 Linia Engineering Services Navi Mumbai SE 3C1502 Miranda Automation Pvt. Ltd. Navi Mumbai SE 2B1503 N.K Bhojani (P) Ltd. Navi Mumbai SME 41504 Navanidhi Electronics Pvt Ltd Navi Mumbai SE 1B1505 New (India) Imaging Industries Pvt. Ltd. Navi Mumbai SE 2A1506 Nishotech Systems Pvt. Ltd. Navi Mumbai SE 2C1507 PAR Filters Navi Mumbai SE 2B1508 Prasol Chemicals Ltd. Navi Mumbai SE 1A1509 Quality Fabricators & Erectors Navi Mumbai SME 31510 S V Tank & Vessel Limited Navi Mumbai SE 1A1511 S. S. Engineering Navi Mumbai SME 21512 Savair Energy Ltd. Navi Mumbai SE 2B1513 Shalimar Valves Pvt. Ltd. Navi Mumbai SE 1A1514 Sharplex Filters (India) Pvt. Ltd. Navi Mumbai SE 1B1515 Shreechem Pharmaceuticals Pvt. Ltd. Navi Mumbai SE 2C1516 Symatic Engineering Pvt. Ltd. Navi Mumbai SE 1B1517 Trimec Machinery Manufacturing Co Pvt Ltd Navi Mumbai SE 3C1518 Valsons Fabricators Navi Mumbai SE 3B1519 Accutech Engineering Pvt Ltd Pune SE 3C1520 Aditya Polymers Pune SE 2B1521 Akson's Solar Equipments Pvt Ltd Pune SE 2C1522 Alard Charitable Trust Pune SME 61523 Anand Machine Tools Pune SE 3B1524 Arch Infra Projects Nirman Pvt Ltd Pune SME 41525 Ashruly Engineering Pvt. Ltd. Pune SE 3C1526 Asmita Engineering Pvt Ltd Pune SE 3C1527 Auric Techno Services Pvt Ltd Pune SE 2C1528 Ayoki Fabricon Pvt.Ltd. Pune SME 21529 Bhagyashree Accessories Pvt. Ltd. Pune SE 2B1530 Carline Auto Pvt. Ltd Pune SE 2B1531 Classic Automotive Industries Pvt Ltd Pune SE 1B1532 Construction Catalysers Pvt Ltd Pune SE 2B1533 Cosmos Construction Machineries &

Equipments Pvt. Ltd. Pune SE 2B1534 Cotmac Electronics Private Limited Pune SE 1A1535 Cotmac Private Limited Pune SE 1B1536 Crescent Coatings Pune SE 3B1537 Cybernetik Technologies Pvt. Ltd Pune SE 1A1538 Deccan Environmental Consultants Pune SE 2B

1539 Electrocoating & Insulation Technologies Pvt Ltd Pune SE 2A

1540 Emarkons Pune SE 2B1541 Enpro Industries Pvt Ltd Pune SE 1A1542 Fabtech Projects & Engineers Ltd. Pune SME 21543 Ferrochem NDT Systems Pvt. Ltd. Pune SE 2B1544 Furnitech Seating Systems (I) Pvt. Ltd. Pune SE 2B1545 Futura Doors Products Pvt Ltd Pune SE 3B1546 Ganesh Industries Pune SE 3B1547 Hide & Seat Pune SE 3B1548 Hitein Bushings Pvt. Ltd Pune SE 2B1549 Indotech Industrial Solutions Pvt. Ltd. Pune SE 2B1550 Industrial Metal Powders (India) Pvt. Ltd. Pune SE 1B1551 Innotech Auto India Pvt. Ltd. Pune SE 3B1552 Intech Surface Coating Pvt. Ltd. Pune SE 1B1553 Jakap Metind Pvt Ltd Pune SE 1A1554 JMD Engineering Pune SE 2B1555 Joshi Agro Industries Pune SE 3C1556 Kaustubha Udyog Pune SE 1B1557 KF Bioplants Pvt. Ltd. Pune SME 11558 Korrocoat Polymers Pvt. Ltd. Pune SE 2B1559 Krishna Colours and Constchem Pvt. Ltd. Pune SE 3B1560 Kuber Auto Pressing Pune SE 3B1561 Mahati Electrics Pune SE 1B1562 Matrix Auto Pune SE 3B1563 Max Grip Fasteners Pvt. Ltd. Pune SE 2A1564 Maya Engineering Pune SME 31565 Melzer Chemicals Pvt. Ltd. Pune SE 2B1566 Metafold Engineering Pvt. Ltd. Pune SE 2B1567 Millennium Engineers & Contractors Pvt Ltd Pune SME 21568 Nirmiti Stampings Pvt. Ltd Pune SE 2C1569 Omega Process Engineers Pune SE 3B1570 Orion Ropes Pvt. Ltd. Pune SE 1B1571 Parag Gases & Chemicals Pvt Ltd Pune SE 2B1572 Pascal Industrial Equipments

Manufacturing & Consultancy Pvt. Ltd. Pune SE 2B1573 Poona Pressings Pvt Ltd Pune SE 2A1574 Poona Shims Pvt Ltd Pune SME 21575 Power Control Engineers Pune SE 2B1576 Pranu Plastics Pune SE 3B1577 Precimax Engineers Pune SE 3C1578 Process Masters Equipment (I) Pvt Ltd Pune SE 3C1579 Pune Techtrol Pvt. Ltd. Pune SE 1A1580 R R Scrap Merchant Pune SE 3B1581 Ramelex Pvt. Ltd. Pune SE 2A1582 Repute Engineers Pvt. Ltd. Pune SE 2B1583 RICO Pune SE 1A1584 Rohit Rubber Products Pune SE 2B1585 Rushiprabha Engineers Pvt Ltd Pune SE 2B1586 Saideep Electricals Pune SE 2B1587 Savan Ancillaries Pune SE 3C1588 SBEM Pvt Ltd Pune SE 2B1589 Shraddha Energy and Infraprojects Pvt Ltd Pune SME 31590 Shreeyash Electro Medicals Pune SE 2A1591 Siddhivinayak Precast Pipes Pvt. Ltd. Pune SE 2B1592 Silver Jubilee Traveller Ltd. Pune SME 41593 Sita Polycoats Pune SE 2A1594 Skytech Industries Pune SE 2B1595 Sneha Bearings Pvt. Ltd. Pune SE 1B1596 Softech Engineers Pvt. Ltd. Pune SE 2B1597 Solcon Engineers Pvt. Ltd. Pune SE 1B1598 Speciality Sintered Products Pvt. Ltd. Pune SE 2B1599 SRC Chemicals Pvt. Ltd. Pune SE 2B1600 Subhash Chemical Industries Pune SE 1A1601 Sumax Enterprises Pvt Ltd Pune SE 2B

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

18

CRISIL SME Connect

1602 Super Engineers Pune SE 2B1603 Suyash Solutions Pvt. Ltd. Pune SE 1B1604 Theta Controls Pune SE 2B1605 Transparent Energy Systems Pvt Ltd Pune SE 1B1606 Transworld Compressor Technologies Ltd Pune SE 1B1607 Tulsi Rubber Products Pvt Ltd Pune SE 2B1608 Unimax Engineers Pune SE 3C1609 Utcon Engineers Pvt. Ltd. Pune SE 4C1610 Veekhoy Metalika Pvt. Ltd. Pune SE 3C1611 Vega Controls Private Limited Pune SE 1B1612 Vipul Bright Steels Pvt Ltd Pune SE 2B1613 Zawar Sales Pvt. Ltd. Pune SME 41614 Health Secure (India) Pvt. Ltd. Raigad SE 3C1615 Pratap Re - Rollers Pvt. Ltd. Raigad SE 2B1616 Rane Rao Reshamia Laboratories Pvt. Ltd. Raigad SE 2A1617 Toyo Springs Ltd Raigad SE 1B1618 Konkan Food & Beverages Ratnagiri SE 3B1619 Bharat Electrical Contractors &

Manufactures Pvt. Ltd. Sangli SE 2A1620 Jsons Foundry Pvt. Ltd. Sangli SE 2B1621 Magnewin Magnetics Sangli SE 2B1622 PCE Electro Controls Pvt. Ltd. Sangli SE 2B1623 Prabhune Engineers & Fabricators Pvt Ltd Sangli SE 2C1624 Quality Power Electrical Equipments Pvt Ltd Sangli SE 1A1625 Rex Polyextrusion Ltd Sangli SE 1A1626 Shah Precicast Pvt. Ltd. Sangli SE 1B1627 Subhadra Petrochemicals Pvt. Ltd. Sangli SE 3B1628 Viraj Alchohol & Allied Industries Ltd. Sangli SME 51629 Western Precicast Pvt. Ltd. Sangli SE 3C1630 Bhonsale Leasing And Finance Co. Ltd. Satara SME 41631 Micro Components Pvt. Ltd. Solapur SE 3C1632 Precision Camshafts Ltd. Solapur SME 11633 Bhavya Industrial Chemical Tarapur SE 2C1634 Abigail Enterprises Thane SE 2B1635 Akay Plastics Pvt. Ltd. Thane SE 3B1636 Akhil Wires Pvt. Ltd. Thane SE 2B1637 Arihant Industrial Corpn. Ltd. Thane SE 1B1638 Cantronics Office Equipments Pvt. Ltd. Thane SE 2C1639 Central Hardware Industries Thane SE 3B1640 Chandan Enterprises Thane SE 2C1641 Consolidated Dynamics Pvt. Ltd. Thane SE 3C1642 Creamcem Coatings (India) Pvt. Ltd. Thane SE 2B1643 D. Y. Engineers Thane SE 3B1644 Dr. Khan Industrial Consultant Pvt. Ltd. Thane SE 2A1645 Eagle Construction Co. Thane SE 2A1646 Eagle Infra Projects India Ltd Thane SE 2C1647 Envirocare Labs Pvt. Ltd. Thane SE 1B1648 Fans Bro Erectors Thane SE 3B1649 Federal Engineers Thane SE 1A1650 Ganpati Oil & Foods Ltd. Thane SE 1B1651 Hebbar Chemicals Pvt. Ltd. Thane SE 2B1652 Hitech Auto Emission Control Limited Thane SE 4C1653 Hurry Noth & Co. Pvt. Ltd. Thane SE 2B1654 Indeerdeep Construction Co. Thane SE 2B1655 Indus Industries Thane SE 3C1656 Interlabels Industries (P) Ltd. Thane SME 31657 J. Duncan Healthcare Pvt. Ltd. Thane SE 3C1658 Jaguar Machinery & Spares Thane SE 3C1659 Jayant Prints N Packs Thane SE 2B1660 Kalpataru Organics Pvt. Ltd. Thane SE 1A1661 Lalitha Chem Industries Pvt. Ltd. Thane SE 1B1662 Logicon Building Systems Pvt. Ltd. Thane SE 2B1663 Meditek Engineers Thane SE 2B1664 Metropolitan Equipments & Consultants

Private Limited Thane SE 1B

1665 Multiform Machinery (Bom) Pvt. Ltd. Thane SE 3B1666 National Chemical Industries Thane SE 3B1667 Neogen Chemicals Ltd Thane SE 1B1668 Nipa Enterprises Thane SME 51669 P. M. Electro Auto Pvt. Ltd. Thane SE 2C1670 P. P. Impex (India) Thane SE 3C1671 Padmavti Pulp & Paper Mills Thane SE 2C1672 Pankaj Industries Thane SE 2C1673 Paper Plast Thane SE 3B1674 Precise Alloys Pvt. Ltd. Thane SE 2B1675 Quality Tech Engg. Works Thane SE 3B1676 Regency Investments Thane SE 2B1677 Regency Realities Thane SE 2B1678 Runa Chemicals Pvt. Ltd. Thane SE 2B1679 Saatveeka Trading Company Thane SE 2B1680 Sairush Electronics Systems Thane SE 2B1681 Soujanya Enterprises Thane SE 1A1682 Subray Catal Chem Pvt. Ltd. Thane SE 1B1683 Super Clean Industries Thane SE 2B1684 Vimal Rolling Mills Thane SE 3C1685 Zen Engineering Thane SE 2B1686 ARCOM Wardha SE 2B1687 Shri Balaji Fibres Wardha SE 3C

NEW DELHI

1688 A. S. Shoe Accessories (P) Ltd. New Delhi SE 2B1689 Adhunik Yantra Udyog Pvt.Ltd. New Delhi SE 2A1690 Aegean Offset Printers New Delhi SE 2C1691 Airtrax Polymers Pvt Ltd New Delhi SE 2B1692 Al-Nafees Frozen Food Exports Pvt. Ltd New Delhi SME 21693 Asiatic Electrical & Switchgear Pvt Ltd New Delhi SE 1A1694 B. C. Biyani Project (P) Ltd. New Delhi SME 31695 Baddi Foils Pvt Ltd New Delhi SE 2A1696 Balaji Wires Pvt. Ltd. New Delhi SE 1B1697 Bansal Exports New Delhi SME 31698 Bansal High Carbons Pvt. Ltd. New Delhi SE 1B1699 Beekay Hosiery Industries New Delhi SE 2C1700 Besoto Starting Systems Pvt.Ltd. New Delhi SE 1B1701 Bio Services New Delhi SME 31702 Brahm Arpan Organic Pvt.Ltd. New Delhi SE 3C1703 BTM Exports Ltd. New Delhi SME 31704 Bush Foods Overseas Private Limited New Delhi SME 21705 Cap Cab India Ltd. New Delhi SE 2B1706 CBM Industries Ltd. New Delhi SE 1A1707 D. C. Biyani Educational Trust New Delhi SME 51708 D. D. Agro Industries Ltd. New Delhi SE 3B1709 Delux Cold Storage & Food Processors Ltd

Unit Shree Bankey Behari Roller Flour Mills New Delhi SE 2B1710 Durga Ispat Pvt. Ltd. New Delhi SE 3C1711 Eastern Bearings Pvt. Ltd. New Delhi SE 2C1712 Eastman Auto And Power Ltd. New Delhi SE 3C1713 Educomp Solutions Ltd. New Delhi SME 11714 EEI Capsules Ltd. New Delhi SME 31715 Electrospark New Delhi SME 21716 Forech India Ltd New Delhi SME 21717 G. D. Dyestuff Industries Limited New Delhi SE 2B1718 Higrow Industries New Delhi SE 2B1719 Horizon Industrial Products Pvt. Ltd. New Delhi SE 2B1720 Impetus Activewear Pvt Ltd New Delhi SE 4C1721 Incom Cables Pvt. Ltd. New Delhi SE 2B1722 International Cylinders (P) Ltd. New Delhi SE 2B1723 K. K. Spun Pipe Pvt. Ltd. New Delhi SE 2B1724 Laxmi Foils (P) Ltd. New Delhi SME 4

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

CRISIL SME Connect

19

1725 Lopan Metal Treatment Pvt. Ltd. New Delhi SE 1B1726 M M Castings Pvt.Ltd. New Delhi SE 2B1727 Malwa Power Pvt.Ltd. New Delhi SME 31728 Mapsko Builders Pvt. Ltd. New Delhi SME 51729 Metalite India (P) Ltd New Delhi SME 31730 Mohan Gems & Jewels (P) Ltd. New Delhi SME 41731 Pagoda Cables (P) Ltd. New Delhi SE 3B1732 Patel Wood Products Ltd. New Delhi SME 31733 Payal Polyplast Pvt. Ltd. New Delhi SE 2A1734 Pentagon Rubber Pvt.Ltd. New Delhi SE 2B1735 Precision Pipes & Profiles Co Ltd New Delhi SME 11736 Prime Energy Pvt. Ltd. New Delhi SME 31737 R. H. Agro Overseas Pvt.Ltd. New Delhi SME 21738 R. L. Steel Ltd. New Delhi SME 11739 Radnik Exports New Delhi SE 2A1740 Rai Industrial Power Pvt. Ltd. New Delhi SME 41741 Raj Kripal Lumbers Ltd. New Delhi SME 41742 Rational Business Corporation Pvt. Ltd. New Delhi SE 1B1743 Reidel (India) Chemicals Pvt. Ltd. New Delhi SE 2C1744 Rhydburg Pharmaceuticals Ltd. New Delhi SE 2B1745 Ribbel International Limited New Delhi SME 31746 Rohde & Schwarz New Delhi SME 11747 Sachdeva Print Arts Pvt. Ltd. New Delhi SE 2C1748 Sadhu Auto Parts (P) Ltd. New Delhi SE 3C1749 Safety Syndicate New Delhi SE 3C1750 Sanco Industries Limited New Delhi SE 2C1751 Sangam Plastics Industries Pvt. Ltd. New Delhi SE 3C1752 Security and Intelligence Services (India) Ltd New Delhi SME 11753 Shades Dyeing Mills Pvt. Ltd. New Delhi SE 3B1754 Shakumbhri Expo - Impo Ltd. New Delhi SE 1A1755 Shandar Paints Industry New Delhi SE 3A1756 Shelly Industries New Delhi SE 3C1757 Shree Bankey Behari Exports Ltd. New Delhi SE 2B1758 Sight Sound Electronics (India) Pvt. Ltd. New Delhi SE 2B1759 Special Cables Pvt. Ltd. New Delhi SE 1B1760 SPM Auto Pvt.Ltd. New Delhi SME 31761 STJ Electronics Private Limited New Delhi SE 1B1762 Sukhmani Associates Pvt. Ltd. New Delhi SME 41763 Telu Ram Amar Chand & Co. New Delhi SME 31764 Thakar Equipment Company New Delhi SE 3B1765 Tirupati Cylinders Ltd. New Delhi SE 2B1766 Tirupati LPG Industries Ltd. New Delhi SE 2A1767 Universal Offsets New Delhi SE 2C1768 Vardhaman Impex New Delhi SE 4C1769 Vidhur & Co.Pvt.Ltd. New Delhi SME 31770 Vin Industries New Delhi SE 2A1771 VRC Constructions India Pvt.Ltd. New Delhi SME 21772 Windsor Cable Pvt. Ltd. New Delhi SE 2B

ORISSA

1773 B. S. Industries Angul SE 3C1774 Cables (India) Pvt. Ltd Balasore SE 3C1775 Perfect Wires Balasore SE 3B1776 Utkal Polyweave Industries (P) Ltd. Balasore SE 2C1777 Alaka Cosmetics Bhubaneshwar SE 3C1778 Coir India Bhubaneshwar SE 3C1779 Fiber Spaces Composite Pvt.Ltd Bhubaneshwar SE 5C1780 Gupta Power Infrastructure Ltd. Bhubaneshwar SE 2A1781 Hi-Tech Agroboards Pvt. Ltd. Bhubaneshwar SE 5C1782 J. S. Industries Bhubaneshwar SE 3C1783 J.B.C. Industries Bhubaneshwar SE 2B1784 Kalinga Alloys Pvt.Ltd Bhubaneshwar SE 2B1785 Kalinga Gases Pvt.Ltd Bhubaneshwar SE 2B

1786 Lakshmiganapathi Steels Pvt Ltd Bhubaneshwar SE 3C1787 OCP India Pvt. Ltd. Bhubaneshwar SE 1B1788 Ortel Communications Ltd. Bhubaneshwar SME 21789 Portal Infotech Bhubaneshwar SE 3B1790 Power Ware India Private Ltd. Bhubaneshwar SE 3C1791 Prithwiraj Dairy Products Pvt.Ltd Bhubaneshwar SE 3C1792 R.K.Motors Bhubaneshwar SE 4C1793 Rameswar Agro Industries (P) Ltd Bhubaneshwar SE 3B1794 S.B.International Bhubaneshwar SE 2C1795 S.K. Industries Bhubaneshwar SE 3C1796 Shree Jagannath Pipe & Tubes Bhubaneshwar SE 4C1797 Silicon Institute of Technology Bhubaneshwar SME 21798 Sri Dandeswar Rice Mill Bhubaneshwar SE 3B1799 Sriram Industries Bhubaneshwar SE 3B1800 Surendra Mining Industries (P) Ltd Bhubaneshwar SME 51801 Swagat Urethane (P) Ltd Bhubaneshwar SE 3C1802 Teekay Foams Pvt.Ltd Bhubaneshwar SE 3C1803 The Amrapalli Resorts Bhubaneshwar SE 4C1804 U.V.Hydraulics Bhubaneshwar SE 3B1805 United Engineers Pvt. Ltd. Bhubaneshwar SE 3C1806 Utkal Metal Wares Bhubaneshwar SE 3B1807 Vishal Metalics Pvt.Ltd Bhubaneshwar SME 51808 Aditya Steel Industries Ltd Cuttack SE 2B1809 Akhandalmani electricals & Construction Cuttack SE 2A1810 Binayak Aluminum Pvt.Ltd Cuttack SE 2B1811 Chandi Supply Agency Cuttack SME 41812 Eastern Foods Pvt. Ltd Cuttack SE 2B1813 Eastern Industrial Lubricants Cuttack SE 3B1814 H.M.Electricals Pvt.Ltd Cuttack SE 3C1815 Konark Ceramics Pvt. Ltd. Cuttack SE 5C1816 Maa Cosmetics Cuttack SE 3B1817 Maa Durga Flour Mills Pvt.Ltd Cuttack SE 4C1818 Maa Durga Rice Processing & Exports Pvt Ltd Cuttack SE 3C1819 Mahavir Conductors Private Limited Cuttack SE 3C1820 Manner Pharmaceutical Works Cuttack SE 3B1821 Mutual Insulated Cables & Conductors Ltd Cuttack SE 2B1822 Pasupati Feeds Cuttack SE 3B1823 Petco Engineering Industries Cuttack SE 3C1824 Soor Craft Industries Cuttack SE 3B1825 Tulsi Spices & Foods (P) Ltd. Cuttack SE 2B1826 Puran Alloy and Steel Pvt.Ltd Khurda SE 1B1827 Chariot Steel & Power Pvt Ltd Rajgangpur SME 51828 Arun Steel Industries Private Limited Rourkela SE 3B1829 Bal Gopal Food Products Pvt. Ltd. Rourkela SE 3B1830 BRM Hi Tech Steels Pvt. Ltd. Rourkela SME 41831 East India Steels Ltd. Rourkela SE 3B1832 Jay Iron & Steels Limited Rourkela SME 31833 Pal Metal Industries Rourkela SE 3C1834 Rexon Strips Limited Rourkela SME 31835 Shiv Metallicks Pvt. Ltd. Rourkela SE 2B1836 Span Ispat Profiles Pvt. Ltd. Rourkela SE 3B1837 Suman Industries Rourkela SE 3B1838 Swastik Ispat (P) Ltd. Rourkela SE 3B1839 Priti Oil Ltd. Sambalpur SE 2B1840 Maa Girija Ispat Pvt.Ltd. Sundergarh SE 2B1841 Weldtech Engineers Sundergarh SE 2B

PONDICHERRY

1842 ABC Engineers Pondicherry SE 3B1843 Abirami Soap Works Pondicherry SE 2B1844 Acharya Educational Public Trust Pondicherry SME 31845 Adhi Sakthi Projects Pondicherry SE 2B1846 Ganesh Polymers Pondicherry SE 3C1847 Jayaram Hotels Private Limited Pondicherry SME 3

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20

1848 Kaveri Alloy Casting (P) Ltd. Pondicherry SE 2B1849 M.K.Electronics Pondicherry SE 2C1850 Metal Scope (India) Pvt. Ltd. Pondicherry SE 1B1851 Naathan Medi Devices Pvt. Ltd. Pondicherry SE 3B1852 Omkar Fine Organics Pvt. Ltd. Pondicherry SE 2B1853 Planet 7 International Pondicherry SE 2B1854 Pondy Agro Chemicals Pondicherry SE 2B1855 Power Soaps Limited Pondicherry SE 2A1856 Praveen Chem Industry Pondicherry SE 2A1857 Selvas Plastics Pondicherry SE 3B1858 Selvas Polypacks Pondicherry SE 3B1859 Spiro Industrial Plastics Pondicherry SE 3B1860 Tristar Formulations Pvt. Ltd. Pondicherry SE 3A1861 True Cartons Pondicherry SE 2B1862 Varun Fibre Product Pondicherry SE 3C

PUNJAB

1863 Chand Engineering Amritsar SE 2A1864 Goel Sons Amritsar SE 3C1865 Ludhiana Beverages Private Limited Amritsar SME 11866 M. C. International Amritsar SE 4C1867 Punjab Riceland Pvt. Ltd. Amritsar SE 1C1868 Standard Corporation India Limited Barnala SME 21869 Kissan Cotton Factory Bhatinda SE 3C1870 A. R. Castings Pvt. Ltd. Gobindgarh SE 2C1871 Aditya Pipes & Strips Pvt. Ltd. Gobindgarh SE 3B1872 Amt International Gobindgarh SE 3B1873 Ashok Steel Industries Gobindgarh SE 2B1874 Bansal Alloys & Metals Pvt. Ltd. Gobindgarh SE 2A1875 Bentex Industrials Gobindgarh SE 3C1876 Ishwar Forgings Gobindgarh SE 3C1877 Jain Steel Industries Gobindgarh SE 2B1878 Jatin Ispat Pvt. Ltd. Gobindgarh SE 3B1879 K. C. Soni and Sons Steels Private Limited Gobindgarh SE 1B1880 Karam Steel Corporation Gobindgarh SE 2B1881 M. R. Alloys Pvt. Ltd. Gobindgarh SE 3C1882 Orient Steels Gobindgarh SE 2C1883 R. P. Multimetals Pvt. Ltd. Gobindgarh SE 2B1884 Saggar Alloys Gobindgarh SE 3B1885 Samana Alloys (P) Ltd. Gobindgarh SE 2B1886 Sarv Priya Tubes Pvt. Ltd. Gobindgarh SE 2B1887 Aggarwal Rice Mills Gurdaspur SE 3C1888 Hoshiarpur Roller Flour Mills Pvt.Ltd. Hoshiarpur SE 2C1889 Amar Coach Builders Jalandhar SE 2B1890 Atam Valves Pvt. Ltd. Jalandhar SE 2C1891 Chinar Forge Ltd. Jalandhar SME 11892 H. B. Industries Jalandhar SE 2B1893 H. B. Metals Jalandhar SE 3C1894 Jagdambay Engg. & Welding Works Jalandhar SE 2B1895 M. R. Kalia Industries Jalandhar SE 3C1896 Magna Wires Pvt. Ltd. Jalandhar SE 2B1897 Maingi Brothers Jalandhar SE 2B1898 Nectar Pulps & Juices Pvt. Ltd. Jalandhar SE 4C1899 Overseas Health Care Pvt. Ltd. Jalandhar SE 1B1900 Rishi Industries Jalandhar SE 3C1901 Uco Malleables Jalandhar SE 2C1902 Unco Steel Industries Jalandhar SE 2C1903 Unique Manufacturing Co. Jalandhar SE 1A1904 Vimco Industries Jalandhar SE 2C1905 Knit û Foulds Pvt. Ltd. Kapurthala SE 3C1906 Krishna Rice Mills Pvt. Ltd. Kapurthala SE 3B1907 Allied Recycling Ltd. Ludhiana SE 2B

1908 Amar Singh & Sons Ludhiana SE 3C1909 Amar Wheels Pvt. Ltd. Ludhiana SE 2C1910 Aradhana Fabrics (P) Ltd. Ludhiana SE 3B1911 Auto International Ludhiana SE 2B1912 Bhandari Knit Exports Ludhiana SE 2B1913 Charu Auto Industries Ludhiana SE 3B1914 Chopra Steel Strips Ludhiana SE 3B1915 Davinder Exports Ludhiana SE 3B1916 Devi Powers Pvt. Ltd. Ludhiana SE 1B1917 Dolphin International Ludhiana SE 2C1918 Famina Knit Fabs Ludhiana SE 2C1919 Gobind Cycles Pvt. Ltd. Ludhiana SE 2B1920 Godwin Steels Pvt. Ltd. Ludhiana SE 2B1921 Harpreet Industries Ludhiana SE 2C1922 Inderjit Forgings Pvt. Ltd. Ludhiana SE 2C1923 Ishmeet Forgings Pvt. Ltd. Ludhiana SE 3B1924 Jagdamba Spinning & Weaving Mills Ludhiana SE 3C1925 K. S. Woollen Mills Ludhiana SE 2B1926 Kohinoor Woollens (P) Ltd. Ludhiana SE 3B1927 KSC Forge Pvt. Ltd. Ludhiana SE 2C1928 Kudu Fabrics Ludhiana SE 2B1929 Lakra Industries Ltd. Ludhiana SE 2B1930 Little Bee Impex Ludhiana SME 31931 Ludhiana Steel Rolling Mills Ludhiana SE 2A1932 M. T. International Ludhiana SE 3B1933 Marshall Machines (P) Ltd. Ludhiana SE 2B1934 Maxwell Inc Ludhiana SE 3B1935 Mukand Industries Pvt. Ltd. Ludhiana SE 2B1936 Neva Garments Ltd. Ludhiana SE 2B1937 New Swan Autocomp Pvt. Ltd. Ludhiana SE 1B1938 Nexo Structures Pvt. Ltd. Ludhiana SE 3B1939 Oswal Fashion Pvt. Ltd. Ludhiana SE 1B1940 P. S. Steel Industries Ludhiana SE 3B1941 Pabla Bearings Ltd. Ludhiana SE 3C1942 Pee Aar International Pvt. Ltd. Ludhiana SE 2B1943 Proficons Electronics Mfg. Co. Pvt. Ltd. Ludhiana SE 2C1944 PVM Enterprises Private Limited Ludhiana SE 2B1945 Rama Krishna Knitters Pvt. Ltd. Ludhiana SE 2C1946 Rolex Cycles Pvt. Ltd. Ludhiana SE 2B1947 S. K. Bikes Pvt. Ltd. Ludhiana SE 1B1948 Saber Packaging Private Limited Ludhiana SE 2C1949 Sadhu Engg. Works Ludhiana SE 3C1950 Sardar Jewellers (P) Ltd. Ludhiana SE 2B1951 Sharu Steels P Ltd Ludhiana SE 2B1952 Shramanji Fabrics Pvt. Ltd. Ludhiana SE 2B1953 Sidhi Vinayak Alloy Industries Ludhiana SE 2A1954 SLDR Fabrics Pvt. Ltd. Ludhiana SE 3C1955 Space Knitwears Pvt. Ltd. Ludhiana SE 2B1956 Sumit Wool Processors Ludhiana SE 3C1957 Suraj Udyog Ludhiana SE 2B1958 Surya Synthetics Ludhiana SE 2C1959 Swati Industries Ludhiana SE 2C1960 Unique Scientific Forgings Ludhiana SE 3B1961 Unistar Distributors Pvt. Ltd. Ludhiana SE 2B1962 Wave International Ludhiana SE 3B1963 Woolways (India) Ltd. Ludhiana SE 2B1964 Econ Tooling Sytems (P) Ltd. Mohali SE 2B1965 Gahir Paper Mills Ltd. Sangrur SE 2C1966 Jaimata Foods Ltd. Sangrur SE 3C1967 Maghan Packers Pvt.Ltd. Sangrur SE 2C1968 National Tin Industries Sangrur SE 3C1969 The Nexus Inc Sangrur SE 2C1970 Saggu Engineering Industries Sunam SE 3B1971 Savera Soap Mills Sunam SE 2B

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21

RAJASTHAN

1972 Bhagwan Das Milk Shop Alwar SE 3C1973 Hindustan Chemicals Alwar SE 3B1974 Nirmal Industries Ltd. Alwar SE 1B1975 OTTO Bushings Alwar SE 2B1976 Prayag Polytech Pvt. Ltd. Alwar SE 1B1977 Shri Nursingh Paper & Oil Mill Pvt.Ltd. Alwar SE 2B1978 Surendra Grinding Mills Alwar SE 3B1979 BTM Textiles Pvt. Ltd. Bhilwara SE 2B1980 Maximum Synthetics Pvt.Ltd. Bhilwara SE 2B1981 Royal Suitings Pvt. Ltd. Bhilwara SE 2B1982 Shree Mahadeo Cotton Mills Ltd. Bhilwara SE 2B1983 Sulzer Processors Pvt. Ltd. Bhilwara SME 31984 Sumatex Ltd. Bhilwara SE 1B1985 Super Shiv Shakti Chemicals Pvt. Ltd. Bhilwara SE 2B1986 Balar Marketing Pvt. Ltd. Bhiwadi SE 3C1987 Chetan Cabletronics Pvt.Ltd. Bhiwadi SE 2B1988 D.K.Plywood Pvt. Ltd. Bhiwadi SE 2B1989 Mehru Electricals and Mechanical

Engineers Pvt. Ltd. Bhiwadi SME 21990 Natraj Drum Industries Pvt.Ltd. Bhiwadi SE 2C1991 Shree Gopal Industries Bhiwadi SE 2C1992 Skipper Electricals India Limited Bhiwadi SE 2A1993 A. K. India Ceramics (P) Ltd. Bikaner SE 2B1994 Topline Industries Bikaner SE 3B1995 A V Casters Pvt. Ltd. Jaipur SE 2B1996 Adinath Power Control Cables Pvt Ltd Jaipur SE 2B1997 Agarwal Marble & Ind. (P) Ltd. Jaipur SE 3C1998 Anamika Conductors Ltd. Jaipur SE 2B1999 Anukul Agrotech Pvt. Ltd. Jaipur SE 3B2000 Art & Craft Exclusives Jaipur SE 3B2001 Arun Shanti Education Trust Jaipur SME 32002 Aryavart Jaipur SE 2B2003 Ashoka Industries Jaipur SE 1B2004 Auto Malleable Jaipur SE 2B2005 Baba Industries Jaipur SE 3C2006 Bhawani Silicate Industries Jaipur SE 2B2007 Biogeneric Drugs Pvt. Ltd. Jaipur SE 2B2008 Chrome International Co. Ltd. Jaipur SE 3B2009 Dormak Jaipur SE 3C2010 Ganpati Plastfab Ltd. Jaipur SE 2B2011 Gehlot Enterprises (P) Ltd. Jaipur SE 1B2012 Glazetech Industries Pvt. Ltd. Jaipur SE 3C2013 K. S. Cars Ltd. Jaipur SE 3C2014 K.S.Motors Ltd. Jaipur SE 1B2015 Keshav Electrical Pvt. Ltd. Jaipur SE 1B2016 Lakshmanveer Steel Private Limited Jaipur SE 3C2017 Mangala Ispat (Jaipur) Ltd. Jaipur SE 2A2018 Mayur Leather Products Ltd. Jaipur SE 2A2019 Natraj Malt Pvt. Ltd. Jaipur SE 2B2020 Perfect Industries Jaipur SE 3B2021 Plastomet Jaipur SE 2B2022 Rajasthan Drugs & Pharmaceuticals Ltd. Jaipur SE 3B2023 Rajasthan Wood Products Pvt. Ltd. Jaipur SE 2C2024 RMC Gems India Ltd. Jaipur SE 3B2025 Sangam Handicrafts Pvt. Ltd. Jaipur SE 3B2026 Shakti Malt Pvt. Ltd. Jaipur SE 2A2027 Shanti Education Society Jaipur SME 32028 Sharma Commercial (P) Ltd. Jaipur SE 3B2029 Shera Metals & Engineers Jaipur SE 1B2030 Shree Fats and Proteins Pvt. Ltd. Jaipur SME 42031 Shree Prithvi Steel Rolling Mills (P) Ltd. Jaipur SE 1B2032 Shreya's India Pvt. Ltd. Jaipur SE 2B2033 Shri Krsna Sudharshan Urja Pvt. Ltd. Jaipur SE 3B

2034 Sparkle Manufacturing Pvt. Ltd. Jaipur SE 4C2035 St.Wilfred'sP.G.College Jaipur SME 42036 Super Electricals Jaipur SE 3B2037 Suprint Textiles (Jaipur) Pvt. Ltd. Jaipur SE 2C2038 Swastik Plyboard Ltd. Jaipur SE 2B2039 Tanya Comex Pvt.Ltd. Jaipur SE 3C2040 Tripti Industries Jaipur SE 2B2041 Tristar International Corporation Jaipur SE 3B2042 Unidor Industries Jaipur SE 3C2043 Uttam (Bharat) Electricals Pvt. Ltd. Jaipur SE 1A2044 Vijay Udyog Jaipur SE 3B2045 Kalpana Industries Jhunjhunu SE 1A2046 Blackstone Rubber Industries Pvt. Ltd. Jodhpur SE 2B2047 BVS Trading Corp. Jodhpur SE 3C2048 Jupiter Industries Jodhpur SE 2B2049 Latiyal Handicrafts Pvt. Ltd. Jodhpur SE 2B2050 Mayur Minerals Jodhpur SE 3B2051 Paperplast India Jodhpur SE 3B2052 Rajasthan Gum Pvt. Ltd. Jodhpur SE 2A2053 Santosh Arts Jodhpur SE 3B2054 Shree Chanchal Industries (P) Ltd. Jodhpur SE 2B2055 Shree Ram Refractories & Allied Products Jodhpur SE 3C2056 Uma Polymers Limited Jodhpur SME 12057 Jain Enterprises Kota SE 2A2058 B. Himmatlal Agrawal Nagaur SME 32059 Arihant Minerals Udaipur SE 3B2060 G. G. Valves Pvt. Ltd. Udaipur SE 2A2061 Hariom Marmo Grani Pvt.Ltd. Udaipur SE 4C2062 Mahima Multicolour Pvt. Ltd. Udaipur SE 3C2063 Mayur Lime & Chemicals Ltd. Udaipur SE 3B2064 Sah Polymers Ltd. Udaipur SE 2A2065 SRG Housing Finance Ltd. Udaipur SME 4

SIKKIM

2066 Eminence (I) Ltd. Gangtok SE 2C

TAMIL NADU

2067 Sree Pandian Spinning Mill Pvt. Ltd. Aruppukottai SME 32068 Aegis Ampoules & Vials Ltd. Chennai SME 22069 Agnice Fire Protection Ltd Chennai SE 1B2070 Akshara Industries Ltd. Chennai SME 32071 Ambattur Heat Treaters Private Limited Chennai SE 3B2072 Amul Industries Pvt Ltd Chennai SME 22073 Anchal Exports Chennai SE 3B2074 Aqua Designs India Limited Chennai SE 1A2075 Arudra Engineers Pvt. Ltd. Chennai SE 1A2076 BGD Engineering Chennai SE 2B2077 Bharani Chemical Co. Chennai SE 3C2078 BST Press Metal Components Pvt. Ltd. Chennai SME 42079 Canara Lighting Industries Limited Chennai SE 1A2080 Canara Traders & Printers Pvt. Ltd. Chennai SME 42081 Chennai Marine Trading Pvt. Ltd. Chennai SE 1B2082 Classic Cartons Chennai SE 2B2083 CM Abbrasives Chennai SE 3B2084 Computer Access Private Limited Chennai SE 1A2085 Dowell Technologies Pvt. Ltd. Chennai SE 3B2086 Durotech Engineering Pvt. Ltd. Chennai SE 3C2087 Elmarc Electrodes Pvt. Ltd. Chennai SE 2C2088 ETA PowerGen Private Limited Chennai SME 32089 Ever Bright Products Chennai SE 2C2090 Fabrimech Engineers Chennai SE 3B

22

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CRISIL SME Connect

2091 Faithful Engineers Pvt. Ltd. Chennai SME 32092 Four Brothers Chennai SE 3B2093 Galaxy Concab (I) Pvt. Ltd. Chennai SE 3B2094 GDP Engineering Company Chennai SE 3B2095 Goa Electric Company Chennai SE 3B2096 Hycount Plastics & Chemicals Chennai SE 2B2097 Hyfield Engineering Company Chennai SE 3B2098 IGP Engineers Private Limited Chennai SME 12099 Integral Component Manufacturers Pvt Ltd Chennai SE 3B2100 J. V. Engineering Chennai SE 4C2101 Jaishree Packaging Chennai SE 2B2102 Jaydev Constructions Pvt. Ltd. Chennai SME 42103 Jolly Enterprise Chennai SE 2B2104 Karmen International (Pvt.) Ltd. Chennai SE 2B2105 Kassim Nets Chennai SE 3B2106 Kumar Industries Chennai SME 42107 Kun Auto Company Pvt Ltd. Chennai SE 1B2108 Lamis Outsourcing Solutions Chennai SE 3B2109 Latchumi Tex Chennai SE 3B2110 M. R. G. Leather Enterprises Chennai SE 3C2111 Madaan Chemicals Chennai SE 3C2112 Madanlal Forge Pvt Ltd Chennai SE 3C2113 Mahaveer Safety Glass Co (P) Ltd. Chennai SME 22114 Maya Automobiles Pvt. Ltd. Chennai SE 3C2115 Metal Forms Pvt. Ltd. Chennai SE 1B2116 Mhitraa Engineering Equipments Pvt Ltd Chennai SE 2B2117 National Engineering Mass Production

Industry Chennai SE 4C2118 Navakar Impex Pvt. Ltd. Chennai SME 42119 Newall Engineering Works Chennai SE 2C2120 Oswin Wood Panels Pvt. Ltd. Chennai SE 2B2121 Parani Steels Pvt Ltd. Chennai SE 2B2122 Prabha Engineers Chennai SME 12123 Ratha Worldwide Leathers Pvt. Ltd. Chennai SE 3C2124 Right Leather Overseas Chennai SE 3C2125 Rubino Industries Chennai SE 2B2126 SAS Autocom Engineers India (P) Ltd. Chennai SE 1C2127 SASCO Engineering (India) Pvt. Ltd. Chennai SE 2B2128 Shree Navkar Polymers Chennai SE 3B2129 Signals & Systems (India) Private Limited Chennai SE 1B2130 SJLT Textiles Pvt. Ltd. Chennai SME 32131 Sri Ganapathy Industries Chennai SE 2B2132 Sri Sivasakthi Auto Ancillaries Madras Pvt Ltd Chennai SE 3C2133 Sri Venkateswara Precision Components Chennai SE 1B2134 Srinivasa Machine Works Chennai SE 3B2135 Sudharshan Tools Chennai SE 3B2136 Sun Fab Chennai SME 22137 Sunrise Chemical Industries Chennai SE 3B2138 Supritha Engineering Works Chennai SE 5C2139 Suttatti Enterprises Ltd. Chennai SME 12140 Swan Electric Engineering Co. Pvt. Ltd. Chennai SE 2C2141 Swiss Garnier Life Sciences Chennai SME 12142 T. M. Dass Industries Chennai SE 4C2143 Tamil Naadu Edible Oils Pvt. Ltd. Chennai SE 2B2144 Telekonnectors Limited Chennai SE 2A2145 Tradeways Garments Pvt. Ltd. Chennai SE 2B2146 V.K.K. Engineering Works Chennai SE 3C2147 Venkateswara Electrical Industries (P) Ltd. Chennai SE 2B2148 Venus Home Appliances (P) Limited Chennai SE 1C2149 Vinkem Labs Chennai SE 2B2150 Aadhi Vinayaga Spinners Coimbatore SME 42151 Akshaya Jewellers Pvt. Ltd. Coimbatore SE 2B2152 Bestomech Industries Coimbatore SE 2B2153 Falcon Toolings Coimbatore SE 2B2154 Fluid Trans Coimbatore SE 2A

2155 GEM Equipments Limited Coimbatore SE 1A2156 GENN Automation Coimbatore SE 2C2157 Grind Tec Appliances Coimbatore SE 3B2158 Isha Engineering Company Coimbatore SE 3C2159 K. N. R. Packaging India Pvt. Ltd. Coimbatore SE 3C2160 Krishna Hall marking Centre Pvt. Ltd. Coimbatore SE 2B2161 Manickavel Edibile Oils Pvt. Ltd. Coimbatore SME 42162 Nirmal Pumps (Pvt.) Ltd. Coimbatore SE 2A2163 Omega Rubber Products Coimbatore SE 3C2164 Penman Cotton Mills (India) Pvt. Ltd. Coimbatore SE 3B2165 Perumal Foundry Coimbatore SE 3C2166 Pressmatic Engineers India Pvt. Ltd. Coimbatore SE 2B2167 R K R Gold Pvt. Ltd. Coimbatore SE 2B2168 Ramesh Hitechk Pumps Private Limited Coimbatore SE 1B2169 SS Heat Recover Engineers Private Limited Coimbatore SE 2C2170 Sree Aravind Enterprises Coimbatore SE 3B2171 Sri Jyothi Industrials Coimbatore SE 3B2172 Sri Krishna Enterprises Coimbatore SE 2C2173 Sri Mookambigai Constructions (I) P. Ltd. Coimbatore SME 52174 Sri Padmabalaji Steels (P) Ltd. Coimbatore SE 1B2175 Sri Sudarsan Paper Mills Limited Coimbatore SE 3C2176 Swarnaraj Engineering Works Coimbatore SE 2B2177 Tea Krafts Coimbatore SE 2C2178 Vasantha Advanced Systems Coimbatore SE 2B2179 Yama Control Company Coimbatore SE 3C2180 Yentop Manickavel Sons Edible Oils Pvt Ltd Coimbatore SME 42181 Yenyeskay Machine Tools Coimbatore SE 2C2182 Bhavani Plastics Cuddalore SE 3B2183 Anjella Tex Pvt. Ltd. Erode SE 3B2184 G B Raja Top Weaving Pvt. Ltd. Erode SE 3B2185 Jayabalaji Dyeing Erode SE 3B2186 Jayavinayaga & Co Erode SE 3B2187 R. P.P. Constructions (P) Ltd. Erode SME 22188 R.N. Pulverisers Pvt. Ltd. Erode SE 3B2189 Sri Suryodhayaa Processing Pvt. Ltd. Erode SE 3C2190 Aambis Enterprises Hosur SE 3B2191 AVS Ready Mix Concrete Products Pvt Ltd Hosur SE 3C2192 CK Airtech India Pvt. Ltd. Hosur SE 1B2193 Copral Insulated Conductors Pvt. Ltd. Hosur SE 2B2194 Delta CNC Applications Hosur SE 2B2195 Devas Engineering Systems Hosur SE 2B2196 Estee Auto Pressings Pvt. Ltd. Hosur SME 22197 GRT Enterprises Hosur SE 3B2198 Jayalakshmi Pressings Pvt. Ltd. Hosur SE 2B2199 Jeeva Industries Hosur SE 4C2200 Numann Industries Hosur SE 2B2201 Powerweld Equipments India Pvt Ltd Hosur SE 2B2202 Prakash Plastics Hosur SE 2A2203 Praveen Engineering Industries Hosur SE 2B2204 S.K.M. Plastics Hosur SE 3C2205 Sam Equipments & Systems Hosur SE 3C2206 Sant Aluminium Pvt.Ltd. Hosur SE 3C2207 Sark Enterprises Hosur SE 3B2208 SM Pressing Hosur SE 2C2209 STS Manufacturing Pvt. Ltd. Hosur SE 2B2210 Thangam Eletronics Pvt. Ltd. Hosur SE 2B2211 V S Engineering Hosur SE 3B2212 Vehicle Components India Pvt. Ltd. Hosur SE 2B2213 Yentop Manickam Edible Oils Pvt Ltd Hosur SME 42214 Ranjana Poly Prints Pvt. Ltd. Kanchipuram SE 2B2215 Anartex Exports Karur SE 3B2216 Arasi Fabrics Karur SE 3B2217 Atlas Export Enterprises Karur SE 2B2218 B. V. Fabrics Pvt. Ltd. Karur SME 42219 Crafts India Karur SE 3B

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23

2220 Dev International Karur SE 3B2221 Hi - Power Textiles Karur SE 3B2222 Jose Tex Karur SE 3C2223 K. Mohan Textiles Karur SE 3B2224 K.Sudhakar & Co. Karur SE 3C2225 Kanara Krafts Karur SE 3B2226 KRT Polymers Karur SE 2C2227 Kwalitee Fabs Karur SE 2C2228 Mallow International Karur SE 2A2229 Morvi Export Karur SE 3B2230 Paradigm International Karur SE 2B2231 Prem Textiles International Karur SE 2B2232 Pukra Exports Karur SE 2B2233 Rakhava Impex Karur SE 3B2234 Ram Textiles Karur SE 2B2235 Santh Exporters Karur SE 3C2236 Sethman Exports Karur SE 2B2237 Sri Amaravathi Spinning Mills Karur SE 4C2238 Synthesis Home Textiles (P) Ltd. Karur SE 3B2239 The Standard Textiles Karur SE 2B2240 V.K.A Polymers Pvt. Ltd Karur SE 2C2241 Sri Sooriya Packers Kovilpatti SE 3B2242 A & T Network Systems Pvt. Ltd. Madurai SE 2B2243 A. R. Dairy Food Pvt. Ltd. Madurai SE 1B2244 A.S. Poly Industries Madurai SE 4C2245 ACF Industries Madurai SE 3C2246 Ancient Pharma Madurai SE 3B2247 Aruppukottai Sri Ramalinga Food

Products Private Limited Madurai SE 4C2248 Ashwin Polymers Madurai SE 3B2249 Asians Motors Madurai SE 2B2250 Best Plast Madurai SE 3B2251 Cone Agencies Madurai SE 3B2252 Cosmo Plast Madurai SE 4C2253 Eagle Food Products Madurai SE 2B2254 Eskeyaar Art Lines Madurai SE 3B2255 Jai Ganga Brassiers Madurai SE 3C2256 Kuttuva Silicates Madurai SE 3C2257 Master Colour Manufacturer Madurai SE 3C2258 Native Foods Madurai SE 3B2259 Pandian Printpacks And Textile Mills Ltd Madurai SE 3C2260 Pandiyan Plastic Industries Madurai SE 3C2261 Ravi Flexo Ink Madurai SE 3B2262 Selvaraaj Tex Pvt. Ltd. Madurai SME 22263 Shri Saravana Industries Private Limited Madurai SE 3B2264 Siruvar Kala Mantram Madurai SE 2C2265 Sri Guna Vilas Madurai SE 2C2266 Sugandhi Agency Madurai SE 2B2267 V.V.V & Sons Edible Oils Limited Madurai SE 1A2268 Vaibhav Corporation Madurai SE 3B2269 Vignesh Graphics Madurai SE 3C2270 Weaves India Madurai SE 3C2271 Vijay Pipe Industries Rajapalayam SE 3C2272 TEC Fab Ranipet SE 3B2273 Amman Sago Factory Salem SE 3C2274 Bharath Sago Factory Salem SE 3C2275 Chiranjilal Spinners Pvt. Ltd. Salem SME 22276 Dhanalakshmi Industries Salem SE 3C2277 Jasan Industries Salem SE 3B2278 Jayavel Sago Factory Salem SE 3B2279 K. R. V. Spinning Mills Pvt. Ltd. Salem SME 42280 K.Venkatraman & Co. Salem SE 2B2281 KCP Sixvell Power Systems Salem SE 2B2282 Modern Sheller Industries Salem SE 3C2283 R.P.Plastics Salem SE 3C

2284 S. K. Bio - Tech Salem SE 4C2285 S. K. Oil Mill Salem SE 3B2286 Sakkthi Polymers Salem SE 2C2287 Salem Spices Pvt. Ltd. Salem SE 2B2288 Shree Kathirravan Sago Factory Salem SE 2B2289 Siva Granite Products Salem SE 2B2290 SRC Projects Private Limited Salem SME 22291 Sri Bharathavel Sago Factory Salem SE 3C2292 Sri Opiliappan Balaji Fabric Salem SE 3B2293 Sri Swarna Dhall Mill Salem SE 3B2294 Sri Venkatesh Sago Manufacturing

Industries (P) Ltd. Salem SE 3C2295 Sunwin Fabrics Salem SE 3B2296 Thaai Exports Salem SE 3C2297 VPS Silk Fabrics (P) Ltd. Salem SE 3B2298 Glorrey Match Industries Pvt. Ltd. Sivakasi SE 3C2299 Rose Flower Company (Papers) Pvt Ltd Sivakasi SE 2B2300 Sathiyabama Poly Printers Sivakasi SE 3B2301 SFA Technical Creations (P) Ltd. Sivakasi SE 3B2302 Srinivas Fine Arts (P) Ltd Sivakasi SME 22303 Waterjet Germany Pvt. Ltd. Sriperumbudur SE 2B2304 Sesocon Technologies Theni SE 3B2305 Christy Friedgram Industry Tiruchengodu SE 2A2306 G B Raja Tex Pvt. Ltd. Tiruchengodu SE 3B2307 Gold King Tex India Pvt. Ltd. Tiruchengodu SE 3C2308 Hariharan Spinners Ltd. Tiruchengodu SME 52309 Rasi Nutri Foods Tiruchengodu SE 3B2310 Sellandiamman Blue Metals Tiruchengodu SE 4C2311 Sulochana Export Tiruchengodu SE 3B2312 Sree Lakshmi Narayana Rice Flour

& Oil Mills Tiruchirapalli SE 3B2313 Super Shapers Tiruchirapalli SE 3C2314 A.P. Mills Tirupur SE 3B2315 A.R.S. Compactors Tirupur SE 3C2316 AKR Textile Tirupur SE 2B2317 Amman Spinning Mills Tirupur SE 4C2318 Art Excel Apparels Tirupur SE 3B2319 Aviram Knitters Tirupur SE 2B2320 B. S. C. Textiles Tirupur SE 3C2321 Baba Knitters Tirupur SE 3B2322 Bajaj Knitters Tirupur SE 2B2323 Cavery Enterprises Tirupur SME 52324 D G Garments Tirupur SE 3C2325 Deluxe Knitting Mill Tirupur SE 1B2326 Esstee Exports Tirupur SE 2B2327 Iniyan Creations Tirupur SE 3C2328 J Tex International Tirupur SE 3B2329 K.M. Knitwear Tirupur SE 1B2330 Livin Garments Tirupur SE 3C2331 Lotus Knits Tirupur SE 2B2332 M. S. Knitting Mills Tirupur SE 3C2333 Madura Fashions Tirupur SE 3B2334 Madura Knitwear Tirupur SE 3B2335 Mail Hosieries Tirupur SE 3C2336 Majestic Exports Tirupur SE 2B2337 Osterna Fashions Tirupur SE 4C2338 Pavithrs Knit Overseas Tirupur SE 3C2339 Prashanthi Exports Tirupur SE 3C2340 Premier Knits Apparel (India) Tirupur SE 2B2341 Prithvi Knitters Tirupur SE 3B2342 R.K.S. Knittings Tirupur SE 3B2343 Rajadhani Exports Tirupur SE 3B2344 Rathipriya Exports Tirupur SE 3C2345 RD International Tirupur SE 3C2346 Rekha Cotton Mills (P) Ltd. Tirupur SME 4

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

CRISIL SME Connect

24

2347 Runner Hosieries Tirupur SE 3B2348 S. M. Knitts Tirupur SE 3B2349 Sarkas Garments Company Tirupur SE 2B2350 Shrimagal International Tirupur SE 3B2351 Shrishti Garments Tirupur SE 3C2352 SRG Apparels Private Limited Tirupur SE 2B2353 Sri Amaravathi Knittings Tirupur SE 3B2354 Sunway Clothing Tirupur SE 3C2355 U- Ram Fashions Tirupur SE 2B2356 Velmurugan Dyeing Tirupur SE 3B2357 Winsome Knit Garments Tirupur SE 3B2358 Wintrack Garments Tirupur SE 3C2359 Bharath Pressings Tiruvallur SE 2B2360 Bhavani Wood Works Trichy SE 3B2361 Jai Raj Industries Trichy SE 2B2362 R.M.H. Fabrications (P) Ltd. Trichy SE 3B2363 SJLT Spinning Mills Pvt. Ltd. Trichy SME 32364 Kalpaka Chemicals (P) Ltd. Tuticorin SE 1B2365 S. Thartius Engineering Contractors Tuticorin SE 1A2366 Chandru Machine Tools Vellore SE 3B2367 Chillies Exports House Ltd. Virudhunagar SE 1B2368 Sega Plascan Exports Virudhunagar SE 3B2369 V.V. Shanmuga Nadar & Sons Virudhunagar SE 2B

TRIPURA

2370 Exeon Multimedia Agartala SE 4C

2371 Sri Ramkrishna Engineering Works Agartala SE 3C

UTTAR PRADESH

2372 Aakash Enterprises Agra SE 3C

2373 Ashoka Boot Factory Agra SE 3C

2374 Atul Engg. Udyog Agra SE 2B

2375 Atul Generators Pvt. Ltd. Agra SE 2B

2376 D. B. Footwear Agra SE 4C

2377 Diwan Chand Suraj Prakash Jain Agra SE 3B2378 Indu Engineering Textile Ltd. Agra SE 2B2379 Leather Linkers Footwear Pvt. Ltd. Agra SE 2B

2380 Mahajan Malleables Pvt. Ltd. Agra SE 2B

2381 N. P. Enterprises Agra SE 4C2382 Shoe World Bajwa Exports Agra SE 3C2383 Shree Ram Plastics Agra SE 3C

2384 Super Soles Pvt. Ltd. Agra SME 4

2385 Swastik Boot Factory Agra SE 3C2386 Technocraft Transformers Agra SE 1B2387 Raghuraji Agro Industries (P) Ltd. Akbarpur SE 1B

2388 Chandra Metals Ltd. Allahabad SE 1B

2389 SBW Udyog Ltd. Allahabad SME 22390 Amar Alum & Allied Chemicals Pvt Ltd Bareilly SE 2C2391 Kay's Biscuits Pvt. Ltd Bareilly SE 3B

2392 Kipps Confectioners Pvt. Ltd. Bareilly SE 2B2393 Nav Bharat Rice Industries Bareilly SE 3C

2394 Param Engineers Pvt. Ltd. Bareilly SE 3C2395 Ahuja Soap (P) Ltd. Ghaziabad SE 3C2396 Arun Enterprises Ghaziabad SE 3B

2397 Birkan Engineering Industries Pvt. Ltd. Ghaziabad SE 2C2398 Chaudhry Hammer Works Ltd. Ghaziabad SME 1

2399 East India Udyog Ltd. Ghaziabad SE 2B

2400 Good Luck Capital Private Limited Ghaziabad SE 3B2401 Lotus Drugs Pvt. Ltd. Ghaziabad SE 3C2402 Sharda Forging & Stamping (P) Ltd. Ghaziabad SME 42403 Sundeep Electrodes Pvt.Ltd. Ghaziabad SE 2B2404 SVASCA Industries India Ltd. Ghaziabad SE 1B2405 Vijay Cables Ghaziabad SE 3B2406 Chemicals & Insecticides Gorakhpur SE 3B2407 Mahabir Jute Mill Ltd. Gorakhpur SE 2A2408 Modern Packaging Pvt. Ltd. Gorakhpur SE 2B2409 Manohar Electrodes Pvt. Ltd. Hapur SE 2C2410 Microplex Agro Chemicals & Fertilizers Hapur SE 2B2411 Sidhdeep Biotech (P) Ltd. Hapur SE 3C2412 Electro Equipments Haridwar SE 2B2413 BMW Steels Limited Hathras SE 2B2414 Agwani Fashions Pvt Ltd. Howrah SE 1B2415 Agmotex Fabrics Ltd. Kanpur SE 2B2416 Amar Brothers Kanpur SE 2B2417 Amrit Varsha Industries Kanpur SME 32418 Crescent Tanners Pvt. Ltd. Kanpur SE 3C2419 Everest Engineering Works Kanpur SE 2C2420 Hans Metals Ltd. Kanpur SE 2B2421 Himangi Foods Pvt Ltd Kanpur SE 2C2422 Inyati Footwears Ltd. Kanpur SE 2C2423 J. S. International Kanpur SE 2B2424 Kanodia Petroleum Ltd. Kanpur SE 3B2425 Kanpur Edibles Pvt. Ltd. Kanpur SE 2B2426 Lakhotia Agro Sortex Pvt. Ltd. Kanpur SE 3B2427 Madnani Engineerings Works Kanpur SE 2B2428 Mahavir Spinefab Pvt. Ltd. Kanpur SE 1B2429 Mineral Oil Corporation Kanpur SE 2B2430 Model Echos Private Limited Kanpur SE 2B2431 Model Exims Unit 1 Kanpur SE 2B2432 Model Tanners (I) Private Limited Kanpur SE 2B2433 Mohani Tea Leaves (P) Ltd. Kanpur SE 1A2434 Netplast Private Limited Kanpur SE 2B2435 Pacific Exports Kanpur SE 2B2436 Pacific Leather Pvt. Ltd. Kanpur SE 2B2437 R. G. Exim Kanpur SE 3B2438 Raj Rajeshwari Techno - Fab Pvt. Ltd. Kanpur SE 3C2439 Raj Ratan Textiles Kanpur SE 2B2440 Rama Educational Society Kanpur SME 22441 Rama Medicares Limited Kanpur SME 22442 S K International Kanpur SE 2B2443 S. V. Megastructures Ltd. Kanpur SME 22444 S.K. Exports Kanpur SE 2B2445 Standard Surfactants Ltd. Kanpur SE 2B2446 Sultan Tanners Kanpur SE 2B2447 Sumit Chemicals (P) Ltd. Kanpur SE 2B2448 Suri Shoes Pvt. Ltd. Kanpur SE 2B2449 Swastik Bone & Gelatine (P) Ltd. Kanpur SE 3C2450 Swati Biscuit Manufacturing Company Kanpur SE 2B2451 Synthetic Silica Products Kanpur SE 3B2452 Tasty Dairy Specialities Limited Kanpur SE 1B2453 Upper India Tannery P. Ltd. Kanpur SE 2B2454 Vinayak Ultraflex Pvt. Ltd. Kanpur SE 1B2455 Amity International Karur SE 3B2456 Command Polymers Private Limited Kolkata SE 3C2457 Electro Meter Corporation Kolkata SE 3C2458 Agrocel Industries Ltd Kutch SE 1A2459 Hind Charitable Trust Lucknow SME 5

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

CRISIL SME Connect

25

2460 Hindustan Bioenergy Ltd. Lucknow SE 4C2461 Parth Thread Pvt. Ltd. Lucknow SME 52462 Pramod Telecom Pvt. Ltd. Lucknow SE 2C2463 Pushker Paint Industries Lucknow SE 2B2464 J. B. Publishing House (P) Ltd. Mathura SE 2B2465 Krishna Udyog Mathura SE 3B2466 Prabhat Rotopack Pvt Ltd Mathura SE 2B2467 Sri Sastha Engineering Works Mathura SE 2B2468 Agro Engineers & Fabricators Meerut SE 3B2469 Amit Textiles Meerut SE 2B2470 Elecon Meerut SE 2B2471 Megha Industries Meerut SE 4C2472 Shaim And Sons Meerut SE 3C2473 Trans Metals Meerut SE 3C2474 Akanksha Automobiles Pvt. Ltd. Moradabad SE 2C2475 Lohia Brass Pvt. Ltd. Moradabad SE 2C2476 Avadh Alloys Pvt. Ltd. Muzaffarnagar SE 2B2477 Chaudhary Ingots Pvt. Ltd. Muzaffarnagar SE 2B2478 Magma Industries Ltd. Muzaffarnagar SE 2B2479 Prem Castings Pvt Ltd Muzaffarnagar SE 2B2480 R. A. Castings Pvt. Ltd. Muzaffarnagar SE 3C2481 Shree Bhageshwari Papers Ltd. Muzaffarnagar SE 2C2482 Shri Satguru Metalloys Pvt. Ltd. Muzaffarnagar SE 3B2483 Shri Satguru Rolling Mills (P) Ltd. Muzaffarnagar SE 3B2484 Siddeshwari Industries Pvt Ltd Muzaffarnagar SE 2B2485 Sultan Safe Industries Muzaffarnagar SE 3B2486 A.N.P. Systems and Coatings Noida SE 2B2487 Combustion Research Associates Noida SE 2B2488 Delta Electronics Noida SE 2A2489 Holostik India Ltd. Noida SME 12490 Hora Art Centre (P) Ltd. Noida SE 2C2491 Jamini Exports Ltd. Noida SME 52492 M. I. Builders Pvt. Ltd. Noida SME 32493 Macsam Clothing Pvt. Ltd. Noida SE 3C2494 PTC Techno (P) Ltd. Noida SE 2B2495 Ranoson Springs Pvt. Ltd. Noida SE 3B2496 Ridhi Sidhi Laminations (P) Ltd. Noida SE 2C2497 Swam Pneumatics Pvt. Ltd. Noida SME 2

UTTARAKHAND

2498 PSB Papers Ltd Bazpur SE 2A2499 Dass Electronics Dehradun SE 3B2500 Janardhan Plyboard Industries Ltd. Dehradun SE 1B2501 Narendra & Company Dehradun SE 3C2502 Sushila Devi Centre for Professional

Studies and Research Dehradun SME 32503 Asian Wires & Cables Industries Haridwar SE 2B2504 Litman Power Systems Haridwar SE 2A2505 Maneesh Udyog Heat Exchangers Pvt.Ltd. Haridwar SE 2B2506 Om Biomedic Pvt.Ltd. Haridwar SE 2B2507 Orbit Cable India Haridwar SE 3B2508 Tehri Plastic Industries Haridwar SE 3B2509 Vishal Box Industries Haridwar SE 3B2510 Jagadamba Liquified Steels Ltd. Roorkee SE 1B2511 Saraswati Dynamics Pvt. Ltd. Roorkee SE 2A

WEST BENGAL

2512 Patra Flour Mill 24 Parganas (N) SE 3B

2513 Sonar Bangla Cold Storage Pvt Ltd Bankura SE 4C2514 Sree Sreema Cold Storage Pvt Ltd. Bankura SE 3C2515 Sanhit Polymer Bolpur SE 2C2516 Alfa Wire Product Burdwan SE 4C2517 Bhadreswar Rice Mill Burdwan SE 3B2518 Bhawani Cement Pvt Ltd. Burdwan SE 3C2519 Calcutta Carbide Pvt. Ltd. Burdwan SE 3C2520 Charukaran Rice Mill Burdwan SE 3C2521 Eco Plast Burdwan SE 3C2522 J P Rice Mill Burdwan SE 3C2523 Maheshwari Mining Pvt Ltd. Burdwan SE 1B2524 Panagarh Rice Mill Burdwan SE 3B2525 Polo PVC Pvt Ltd. Burdwan SE 3B2526 Radha Rice Mill Burdwan SE 3B2527 Shiv Shakti Oil Mills Burdwan SE 4C2528 Progressive Fabricators Erectors & Plant

Service Engineers Durgapur SE 3B2529 Baijnath Timber Enterprise Pvt. Ltd. Hooghly SE 3B2530 Choudhury Construction Hooghly SME 42531 L.B Engineering Hooghly SE 3B2532 Rup Nagar Food Products (P) Ltd. Hooghly SE 4C2533 Srimanta Developers Pvt Ltd. Hooghly SE 4C2534 Tarun Kanti Choudhury Hooghly SME 52535 Adams Marketing Pvt. Ltd. Howrah SE 2B2536 AM Diamond Engineering Works Pvt Ltd. Howrah SE 2C2537 Industrial Forging Industries Howrah SE 3C2538 Kamal Forgings Pvt Ltd. Howrah SE 3B2539 Khaitan Electronics Howrah SE 3B2540 Mittal Iron Foundry Pvt Ltd. Howrah SE 1B2541 Mondal Metal Works Howrah SE 3B2542 N.K. Louha Udyog (P) Ltd. Howrah SME 42543 Naskar & Company Howrah SE 2B2544 Nupur Fabric Howrah SE 3B2545 Nupur Processing Industries Howrah SE 3B2546 P.K Engineering & Co. Howrah SE 3B2547 Perfex Impex Pvt Ltd. Howrah SE 2B2548 R.S Castings (Pvt) Ltd. Howrah SE 3B2549 RAS Engineering Howrah SE 3C2550 S.S Trading Corporation Howrah SE 3B2551 Shree Durga Creations Pvt.Ltd Howrah SE 3C2552 Shree Rameswar Himghar Pvt Ltd. Howrah SE 3B2553 Sunglow Engineering (India) Pvt Ltd. Howrah SE 4C2554 Super Gear Pvt Ltd. Howrah SE 2B2555 Tiwari Industries Howrah SE 3B2556 Tribeni Industries Pvt Ltd. Howrah SE 2B2557 Vinita Projects Private Limited Howrah SE 3B2558 Aakar Foundry Pvt Ltd Kolkata SME 62559 Accordians Infocom Pvt.Ltd Kolkata SE 3C2560 Alcock Mcphar Geotech India Private Limited Kolkata SME 32561 Amisha Udyog Kolkata SE 3C2562 Anupam Enterprises Kolkata SE 3C2563 Anushree Textiles Pvt Ltd. Kolkata SE 2B2564 Archii Printing & Packaging Pvt.Ltd Kolkata SME 32565 Asbesco (India) Pvt Ltd. Kolkata SE 1A2566 Auropol India Pvt Ltd. Kolkata SE 1B2567 B. S. Progressive Pvt. Ltd. Kolkata SE 2B2568 B.M Advertising & Publicity House Kolkata SE 2B2569 B.S Tar Pvt Ltd. Kolkata SE 2C2570 Baba Ispat Private Limited Kolkata SE 2B2571 Baid hosiery Pvt.Ltd Kolkata SME 4

Rating Assigned

Rating Assigned

Sr No Sr NoCompany CompanyCity City

CRISIL SME Connect

26

2572 Balajee Enterprises Kolkata SE 2B2573 Bemco Sleepers Ltd. Kolkata SE 3C2574 Bhowmick Tannery Machine

Manufacturing (P) Limited Kolkata SE 2B2575 Bijoy Narayan Cold Storage (P) Ltd. Kolkata SE 3B2576 Cabcon India Pvt Ltd. Kolkata SE 1B2577 Calcutta Board Mfg.Co Kolkata SE 3B2578 Capricorn Oils Limited Kolkata SME 42579 Carnation Industries Limited Kolkata SE 1B2580 Civtect (India) Pvt. Ltd. Kolkata SME 32581 Corporated Shipyard Pvt. Ltd. Kolkata SE 1A2582 Cotwal Commerce Private Limited Kolkata SME 32583 D M Properties Private Limited Kolkata SE 3C2584 Damodar Cement Industries Pvt Ltd. Kolkata SE 3B2585 Dandapat Cold Storage Pvt Ltd. Kolkata SME 52586 Derby Plantations Pvt. Ltd. Kolkata SE 3C2587 Elrich International Kolkata SE 2B2588 Equipments & Spares (India) Kolkata SE 3C2589 Ergo Woodlines Pvt.Ltd Kolkata SE 2B2590 Esspee Engineers Kolkata SE 2B2591 Everest Ply & Veneers Pvt Ltd Kolkata SE 1B

2592 F Harley & Company Private Limited Kolkata SE 1B

2593 Fine Metal Pressings Pvt Ltd. Kolkata SE 1B

2594 Franklin Laboratories (India) Pvt. Ltd. Kolkata SE 4C

2595 Gaurang Alloys & Iron Limited Kolkata SME 4

2596 Global Coke (P) Ltd Kolkata SME 3

2597 Gouranga Cold Storage. Kolkata SE 3C

2598 Gupta Infotech Kolkata SE 3B

2599 Hanu Polymers Pvt Ltd. Kolkata SE 3C

2600 Hindustan Controls & Equipment Pvt Ltd. Kolkata SE 1B

2601 Hipack Systems Pvt Ltd. Kolkata SE 3C

2602 Hitachi-KK Mfg.Co. Kolkata SE 2B

2603 IE Impex Pvt. Ltd. Kolkata SE 3C

2604 Impressia Imaging Pvt.Ltd Kolkata SME 4

2605 Indus Net Technologies Kolkata SE 2A2606 Indusree Kolkata SE 3B

2607 Jai Santoshi Ma Rice Mills (P) Ltd. Kolkata SE 2C

2608 Jaks Plast Products Pvt Ltd. Kolkata SE 1B2609 K. L. Mechanical Works Pvt. Ltd. Kolkata SE 3B2610 Kamala Tea Co. Ltd. Kolkata SME 4

2611 Kansas Laboratories Pvt Ltd. Kolkata SE 3B

2612 Khaitan Winding Wire Pvt.Ltd Kolkata SE 1B2613 Kish Engineering Pvt.Ltd Kolkata SE 2B2614 Kripa Infrastructure Kolkata SME 5

2615 Kuber Tieup Pvt. Ltd. Kolkata SME 3

2616 Laser Cables Pvt Ltd. Kolkata SME 22617 Lintas Packaging Pvt Ltd. Kolkata SE 2B2618 Lovely International Pvt. Ltd. Kolkata SME 3

2619 M.S Elastic & Tapes Pvt Ltd. Kolkata SE 2B

2620 Mahadeva Steel Mills Pvt Ltd. Kolkata SE 1B2621 Makrampur Rice Mill Pvt Ltd. Kolkata SE 3C2622 Mannka Electricals Pvt.Ltd Kolkata SE 3C

2623 Mcnroe Chemicals (P) Ltd. Kolkata SE 1B2624 Meadow Food Specialities Ltd Kolkata SME 4

2625 Media Solutions Kolkata SE 3C2626 Megacity Iron Pvt Ltd. Kolkata SE 2C2627 Micro Solus System & Software Pvt.Ltd Kolkata SE 2B

2628 Mini Iron & Alloys Pvt Ltd. Kolkata SE 2B2629 MMP Filtration Pvt.Ltd Kolkata SE 3C

2630 Nafis Tanning Industries Kolkata SE 3B

2631 Nezami Rekha Sea Foods Pvt. Ltd Kolkata SE 2B2632 Oster Institute Of Advance Diagnostics

Private Limited Kolkata SME 42633 Param Enterprises Pvt Ltd. Kolkata SME 32634 Piyush Polytex Pvt.Ltd Kolkata SE 3C2635 Plasto Chem Pvt Ltd. Kolkata SE 2B2636 Precision Weldarc Ltd. Kolkata SE 1B2637 Premier (India) Bearings Ltd. Kolkata SE 1B2638 Prestige Ice Cream Pvt.Ltd Kolkata SE 2B2639 Rajnath Metal Works Kolkata SE 3B2640 Rama Overseas Ltd Kolkata SE 1B2641 Rathi Chempels Pvt. Ltd. Kolkata SME 42642 Rawalwasia Manufacturing Co.Pvt Ltd. Kolkata SE 3B2643 Ruttonpore Plantations Pvt. Ltd. Kolkata SE 3C2644 S A Enterprises Kolkata SE 2C2645 S. K. Oil Company Kolkata SE 3C2646 S.C Engineering Co.Pvt Ltd. Kolkata SE 2C2647 S.S Engineering Works Kolkata SE 2B2648 Sadia International Kolkata SE 3C2649 Saraswaty Press Ltd. Kolkata SME 32650 Scan Image Kolkata SE 3C

2651 Serampore Biovision Agro (P) Ltd. Kolkata SE 3B

2652 Shiva Engineering Works Kolkata SE 2A

2653 Shree Bhawani Paper Mill Ltd. Kolkata SME 3

2654 Shree Ganesh Jewellery House Ltd. Kolkata SE 1A

2655 Shree Mahalakshmi Himghar Private Limited. Kolkata SE 3C

2656 Shree Ram Lime Products Ltd. Kolkata SE 2B

2657 Silverton Metals Private Limited Kolkata SE 3C

2658 Singh Brothers Exim Pvt Ltd. Kolkata SE 2B

2659 Solid Ply Pvt Ltd Kolkata SE 2B

2660 Sona Biscuits Limited Kolkata SME 3

2661 Sound Castings Pvt. Ltd. Kolkata SME 2

2662 SRC Vyapaar Pvt Ltd. Kolkata SE 2B

2663 Sreechem Resins Ltd. Kolkata SE 1B

2664 Sri Balmukund Polyplast Pvt Ltd. Kolkata SME 3

2665 Teletronic Products Pvt Ltd. Kolkata SE 3B

2666 The Indian Wood Products Co.Ltd. Kolkata SE 2C

2667 The Manipur Tea Company Pvt. Ltd. Kolkata SE 3C2668 The Rajlakshmi Cotton Mills Pvt Ltd. Kolkata SE 1B2669 Tiger Brand Gura Masla Kolkata SE 3B

2670 Timtech India Private Limited Kolkata SME 2

2671 Transmission Projects Pvt Ltd. Kolkata SE 3B2672 Unique Machine Tool Kolkata SE 3B2673 Universal Import Export Kolkata SME 4

2674 Vinicab (India) Private Limited Kolkata SE 2A

2675 X L Enterprises Limited Kolkata SE 2C2676 ZKL Bearings (India) Pvt Ltd. Kolkata SE 2B2677 A.K.Properties Pvt.Ltd Medinipur SME 4

2678 Kharagpur Metal Reforming Industries

(P) Limited Medinipur SME 22679 Kumarpur Agro Poultries Ltd. Medinipur SE 2B2680 M.S Engineering Medinipur SME 3

2681 Maity Poultries Pvt Ltd. Medinipur SE 2B2682 Sarama Steel Furniture Medinipur SE 3B

2683 Super Gases & Appliances Pvt Ltd. Medinipur SE 2B2684 D.S Brick Works Raniganj SE 3C2685 Durgapur Iron & Steel Co.Pvt Ltd. Raniganj SE 2B

2686 Maa Gaytri Flex India Pvt. Ltd. Siliguri SE 3C2687 New Malda Diesels Siliguri SME 4

2688 Newline Autotrack Pvt. Ltd. Siliguri SME 4

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.

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Ludhiana:Sai Tower 202, Industrial AreaLudhiana 141 003Phone: 0161 - 5011575

Ahmedabad:303, Paritosh Building Usmanpura Ahmedabad 380 013Phone: 079 - 6522 8781Fax: 079 - 2755 9863

Surat:811, 8th floorRajhans Complex, Opp. J K TowerRing RoadSurat 395 002Phone: 0261 - 4002230

New Delhi:The MiraG-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