A newsletter from CRISIL SME Ratings

The connection to opportunities

October 2012 | Volume 36

CRISIL SME CONNECT

GNIK M MA ARKETS FUNC

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CRISIL SME Connect

Kunal Raman, Manager speaking at the SME Meet jointly organized by CRISIL and Bank of Baroda at Kanpur on September 8, 2012.

Manoj Sharma, Senior Business Development Manager speaking at State Level Development Programme organized by NSIC and MSME DI at Solan on September 28, 2012

Bharat Vaibhav, CRISIL Representative (second from right) at State Level Development Programme organized by NSIC and MSME DI at Solan on September 14, 2012

Yogesh Dixit, Director SME Ratings speaking at BizEgde organized by Collabrant Incubators at Bangalore on August 10, 2012 where CRISIL is a Knowledge Partner for BizEdge.

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Profile of CRISIL rated MSMEs As On September 30, 2012

CRISIL NSIC Rating percentage

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

3.058.510.492.51

27.165.730.89

33.7617.280.030.430.16

SME Rating percentageSME 1SME 2SME 3SME 4SME 5SME 6SME 7SME 8

Rating distribution: CRISIL SME Rating

7.9422.3127.6930.3710.630.700.230.12

CRISIL-Rated MSMEs: Industry wise distributionspercentage

percentageState

2

Industry

Maharashtra 31.54Gujarat 10.92Punjab 8.96Tamil Nadu 7.21Andhra Pradesh 7.19Haryana 4.81Karnataka 4.23New Delhi 3.92West Bengal 3.64Uttar Pradesh 3.59Rajasthan 3.02Chhattisgarh 2.18Madhya Pradesh 1.90Kerala 1.69Odisha 1.05Himachal Pradesh 0.91Jammu & Kashmir 0.60Uttarakhand 0.58Goa 0.56Jharkhand 0.45Assam 0.37Bihar 0.36Daman & Diu 0.07Tripura 0.07Meghalaya 0.05Dadra & Nagar Haveli 0.04Andaman And Nicobar 0.02Pondicherry 0.02Assam 0.01Manipur 0.01Mizoram 0.01

Engineering 26.60

Textile and Apparel 10.80

Electronics and Electrical Equipment 9.10

Printing and Packaging 7.80

Agri-products and FMCG 7.10

Chemical 6.30

Plastic and Plastic Products 5.40

Steel and Steel Products 4.50

Pharmaceuticals 4.10

Auto and Auto Ancilliary 3.40

Construction 3.00

IT and ITES 2.40

Power 1.30

Cable and Wire 1.20

Real Estate and Infrastructure 1.20

Leather and Footwear 1.10

Paper and Paper Products 0.90

Others 3.70

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Rating distribution: NSIC-CRISIL Rating

Geographical distribution of ratingsRating assigned by CRISIL

0

5000

10000

15000

20000

25000

30000

35000

Apr-0

5

Sep-

05

Feb-

06

Jul-0

6

Dec

-06

May

-07

Oct

-07

Mar

-08

Aug-

08

Jan-

09

Jun-

09

Nov

-09

Apr-1

0

Sep-

10

Feb-

11

Jul-1

1

Dec

-11

May

-12

Oct

-12

Economic Perspectives

Current account deficit narrows in Q1FY13Lower merchandise trade deficit and strong remittance income led to the narrowing of current account deficit (CAD) to US$16.6 billion (3.9 per cent of GDP) in Q1FY13 from US$21.8 billion (4.5 per cent of GDP) in Q4FY12. Inflows into the capital and financial account, on a net basis, were marginally higher at US$17.0 billion in Q1FY13 as compared with US$16.6 billion in Q4FY12. Going forward, we expect further moderation in imports due to slower GDP growth, which would bring down the CAD to around 3.1 per cent of GDP for FY13.

Industrial output nearly stagnant in JulyIndustrial output remained almost stagnant in July on a y-o-y basis, growing by a mere 0.1 per cent. Poor performance by the electricity, manufacturing and mining sectors pulled down industrial growth. Manufacturing output grew at 0.2 per cent in July. Output of eight core infra industries having strong linkages with the manufacturing sector grew at a weak pace of 1.8 per cent. Capital goods output contracted by 5.0 per cent, while consumer goods output grew by a mere 1.4 per cent. While consumer goods sector has been hit by consumption slowdown, the capital goods sector has been hit by an investment slowdown as reflected in the Q1FY13 GDP data.

Merchandise exports contract by 10 per cent in AugustMerchandise exports for August 2012 stood at $22.3 billion, 10 per cent lower than in the previous year. Cumulative exports for the April-August 2012 period contracted by 6.7 per cent over the corresponding period of the previous year. Imports for August were valued at $38 billion, about 5 per cent lower than in August 2011. Non-oil imports fell by nearly 8.7 per cent. Contraction in imports and exports brought down the trade deficit to $15.6 billion in August.

CRISIL SME Connect

WPI inflation surges to 7.6 per cent in AugustAverage WPI based inflation rose to 7.6 per cent in August, from 6.9 per cent in July. The rise in inflation was largely due to an upward revision in electricity prices in the WPI. Non-food manufacturing inflation rose to 5.6 per cent in August from 5.4 per cent in July 2012. CRISIL core inflation remained high at 5.9 per cent in spite of slower growth. The upward revision in diesel prices in September by the Indian government, high crude oil prices driven by geopoliticaltensions, and the monetary easing in US and Europe could create upside risks for WPI inflation in the short-term.

Credit growth at less than 17 per cent as of early SeptemberGrowth in bank credit declined to 16.6 per cent for the fortnight ending September 7, 2012, as compared with 20.1 per cent for the same period a year ago. Growth in credit to industry fell to 15.8 per cent in August 2012 from 23.6 in August 2011, with lending to the consumer durables sector contracting by nearly 17 per cent. The incremental credit-to-deposit ratio fell to nearly 33 per cent in August 2012 from 42.7 per cent a year ago.

Rupee gains in September to end at 52.7 per US dollarThe Indian rupee witnessed a sharp reversal of trend in September, gaining by nearly 5.4 per cent on a month-end basis. The rupee closed at 52.7 against the US dollar at the end of the month. Volatility was however higher in September as the rupee traded in a band of 52.7-56 per US dollar, whereas it had traded in a band of 55.1-56.1 in the previous month. Showing a marked improvement, net FII inflows stood at US$ 3.7 billion in September 2012, as against US$ 2 billion in August.

3

410-year g-sec yield softens marginally in SeptemberLiquidity pressures continued to ease in September aided by 25 bps reduction in cash reserve ratio which released Rs 170 billion of primary liquidity into the banking system. Yield on the 10- year G-sec declined to 8.3 per cent in September from 8.4 per cent in August. Yields on the short term 1-year G-sec averaged 8.1 per cent. With average daily net borrowings under the liquidity adjustment facility, at 0.7 per cent of net demand and time liabilities in September, liquidity remained well within RBI's comfort zone.

CRISIL: Jewellery retailers defy downturn; new stores drive growth

Retailers in gold jewellery are likely to maintain their revenue growth momentum, aided by increase in gold prices and additional revenue from new outlets. They are expected to continue expanding their footprint in newer geographies to drive growth, which will help them in braving the current economic slowdown. Consequently, the credit risk profiles of jewellery retailers are expected to remain stable over the medium term.

CRISIL-rated gold jewellery retailerswhich account for a fifth of India's gold jewellery retailing businesshave outperformed the industry, reporting a compound annual growth rate of 15 per cent in sales volumes over the three years through 2011-12 (refers to financial year, April 1 to March 31). A significant share of the sales growth has come from new stores. Growth in volumes at existing stores, however, has remained muted because of intense competition, compelling retailers to explore new markets. As anticipated by CRISIL (refer to CRISIL release, 'Tier-II and III towns add glitter to branded jewellers,' dated July 19, 2011), Tier-II and III towns have emerged as the new growth drivers for retailers; the smaller centres benefit from shifting

Update on Industry

customer preference towards branded jewellery, and low penetration of organised retailing. The rated retailers are expected to expand over the medium term, with two of every three new stores coming up in the smaller towns. Revenues from Tier-II and III towns are therefore expected to contribute around 55 per cent of the rated retailers' revenue in 2013-14up from around 45 per cent in 2010-11.

Retailers expanding to smaller centres benefit from lower operating costs than in metros and Tier-I centres. Says Subodh Rai, Senior Director, Bank Loan Ratings, CRISIL, Smaller showrooms and lower rentals will help retailers save around 25 per cent on operating costs. The favourable demand and cost structures in the smaller towns will help them attain early breakeven and maintain profitability.

However, new stores will necessitate significant investment in working capital for gold jewellery inventories. The high price of gold may raise retailers' average inventory costs, and weaken their ability to absorb any steep fall in gold prices. CRISIL believes that the margin between the average inventory value and gold price has narrowed by 50 per cent; retailers whose gold inventory was previously valued at 20 per cent lower than the market price have witnessed the gap contract to 10 to 12 per cent over the past year, owing to the large expansions. However, prudent inventory hedging strategies (refer to CRISIL release, 'Hedging strategies shield gold retailers from price volatility,' dated October 24, 2011) and successful scale-up at the new stores should help retailers maintain operating margins at 6 to 7 per cent as in the past.

Adds R Vasudevan, Director, Bank Loan Ratings, CRISIL, Retailers who sustain their sales growth momentum, and maintain a healthy capital structure and adequate buffer in inventory holding price, are likely to witness improvement in their credit risk profiles over the medium term.

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Agricultural Equipments

1 Shrinathji Krupa Agro Mills Pvt Ltd Akola SME 42 Anttal Agro Seeds Ambala SE 3B3 Vedanta Irrigation Systems Pvt Ltd Bangalore SE 3B4 Surya Irrigation Pvt Ltd Bhiwadi SE 2C5 Star Agri India Pvt Ltd Bhubaneshwar SE 2B6 Dhanjal Agro Industries Dhuri SE 3C7 Gobind Agriculture Works Faridkot SE 3C8 Matharoo Agro Industry Jagraon SE 3C9 Anmol Agri Farms Inputs Pvt Ltd Jharkhand SE 3B10 Nutri Agrovet Kanpur SE 3C11 Auto Springs & General Engg. Co. Karnal SE 3B12 Darshan Singh and Sons Karnal SE 3C13 Hi - Techo Engineers Karnal SE 3B14 Indian Agricultural Implements Karnal SE 3B15 Piara Agro Industries Karnal SE 3B16 Rajpal Agricultural Machinery Pvt Ltd Karnal SE 3C17 Subhash Steels Karnal SE 2B18 Vishal Udyog Karnal SE 2C19 Shrinathji Industries Khamgaon SE 2B20 Unimass Agrotech India Ltd Kolkata SME 421 Poonam Agro Industries Latur SE 2B22 Atma Singh Engineering Works Ludhiana SE 3B23 Bham Forging Works Ludhiana SE 3C24 Bir Singh And Sons Ludhiana SE 3B25 Blue Stallion Equipments Pvt Ltd Ludhiana SE 3C26 G. S. Agriculture Industry Ludhiana SE 3B27 H S Industries Ludhiana SE 3B28 P. G. Agro Industries Ludhiana SE 3C29 Partap Agricultural Industries Ludhiana SE 3C30 Pyara Singh & Sons Ludhiana SE 3C31 R. S. Auto Industries Ludhiana SE 3B32 Sinbros Industries Pvt Ltd Ludhiana SE 2C33 Sokhi Manufacturing Company Ludhiana SE 3C34 Star Force Engineering Company Ludhiana SE 3B35 Sucha Singh Virdi Agri-Tech Company Ludhiana SE 3B36 Ishwer Agri. And Engineering Works Malerkotla SE 3B37 Kalgidhar Foundry And Agro Industries Mandi G'garh SE 3C38 Vishavkarma Agro Industries Mandi G'garh SE 2B39 Amar Agro Industries Mansa SE 3C40 Deosi Agriculture Works Mansa SE 3B41 Guru Nanak Industries Sales Corporation Mansa SE 3B42 Super Hero Agro Industries Mansa SE 3C43 Shree Parasnath Industries Meerut SE 3B44 Arson Agro Industries Moga SE 3B45 G. S. Agro Industries Moga SE 3B46 Madho Engineering Works Moga SE 3B47 Agri Search (India) Pvt Ltd Nashik SE 1A48 Fine Implements And Tools Palakkad SE 3C49 Gayathri Agrico Palakkad SE 3C50 M. M. Manufacturers Palakkad SE 3C51 Parasakthi Tools & Implements Palakkad SE 3C52 Sooraj Agro Mills (India) Pvt Ltd Palakkad SE 3C53 United Industries Palakkad SE 3B54 Universal Implements Palakkad SE 3B

55 Gurdeep Engineering Works Patiala SE 3B56 Nannhray Agriculture Works Patiala SE 3C57 Aditya Agro Pune SE 3B58 Advance Agro Ripe Pvt Ltd Pune SE 3B59 Krishnaji Enterprises Pune SE 3C60 Mercury Enterprises Pune SE 3C61 Neelsan Hi - Tech Agro Industries Pune SE 2B62 Harihar Agro Enterprise Rajkot SE 3B63 Madhav Agro Industries Rajkot SE 3B64 Perfect Agriculture Implements Rajkot SE 3C65 Ronak Agrotech Engineering Pvt Ltd Rajkot SE 3B66 Haryana Iron Foundry Samalkha SE 3B67 Parkash Agricultural Industries Samalkha SE 3B68 Dashmesh Mechanical Works Sangrur SE 2B69 Dasmesh Mechanical Works Pvt Ltd Sangrur SE 2C70 Jai Jagjit Agro Industry Sirsa SE 2B71 Bhoyar Agro Industries Wardha SE 3B72 Agroking Implements Industries Yamuna Nagar SE 3C

73 OSAW Agro Industries Pvt Ltd Ambala SE 1A74 Osaw Udyog Ambala SE 1B75 New Haryana Overseas Ambala SE 2C76 Dhingra Rice and General Mills Amritsar SE 2B77 Luxmi Rice Mills Amritsar SE 3C78 Onkar Engineering Works Aurangabad SE 3B79 Aditya Industries Bangalore SE 3B80 K S Agro Chemicals Bangalore SE 1B81 PJ Margo Pvt Ltd Bangalore SME 282 Mahesh Agro Food Industries Barmer SE 2B83 Brar Seeds Pvt Ltd Bazpur SE 2C84 Sood Seeds Company Pvt Ltd Bazpur SE 2B85 Anjaneya Breeding Farm and Hatcheries Belgaum SE 2B86 Panwar Research and Breeding Farm Bhiwani SME 487 Bhopal Poultry Products Bhopal SE 3B88 Hanumandass Harinarayan Agro Pvt Ltd Bikaner SE 2B89 Dutta Agro Products Pvt Ltd Burdwan SE 2B90 Niswin Enterprises Coimbatore SE 1B91 Jagdeo Agri Industries Dhuri SE 3C92 Bajrang Agrotech India Pvt Ltd Durg SE 2B93 Sri Venkateswara Rice Industry East Godavari SE 2B94 Fazilka Agro Pvt Ltd Fazilka SE 2C95 Shree Balaji Rice and General Mills Fazilka SE 2C96 Kathpal Industries Ferozepur SE 3C97 M.S. Foods Pvt Ltd Ferozepur SE 2C98 Shiva Agro Natural Products Pvt Ltd Gaya SE 3C99 Shree Vasavi Industries Gulbarga Dist. SE 3B100 Sri Raghavendra Dall Industries Gulbarga Dist. SE 3B101 K S R Seeds Guntur SE 2B102 Raja Food Products Guruharsahai SE 3B103 Jericho Agro Processors Guwahati SE 3B104 Haldia Agro Pvt Ltd Haldia SE 3B105 K R Poultries Haryana SME 4106 A G Bioteck Laboratories (India) Ltd Hyderabad SE 1B107 Gopal Roller Flour Mills Hyderabad SE 2B

Agriculture Products

Rating Assigned

SrNo Company City

Rating Assigned

SrNo Company City

CRISIL rated MSMEs Ratings assigned betweenOctober 01, 2011 and September 30, 2012

CRISIL SSI/SME Ratings DefinitionsAn NSIC-CRISIL Rating reflects CRISIL's opinion on the company's performance capabil ity and financial strength. Ratings are assigned on the scale given below.

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:

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

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'.

Financial Strength

Perfo

rman

ce C

apab

ility

Highest SE 1A SE 1B SE 1CHigh SE 2A SE 2B SE 2CModerate SE 3A SE 3B SE 3CWeak SE 4A SE 4B SE 4CPoor SE 5A SE 5B SE 5C

High Moderate Low SME 1 HighestSME 2 HighSME 3 Above AverageSME 4 AverageSME 5 Below AverageSME 6 InadequateSME 7 PoorSME 8 Default

CRISIL SME Ratings Definitions

NSIC-CRISIL Rating CRISIL SME Ratings

CRISIL SME Connect

5

6108 LCT Feeder's Pvt Ltd Hyderabad SE 2A109 Radhakrishna Industries Hyderabad SE 1B110 Sri Natural Bio Farms Hyderabad SE 3B111 Srinivasa Hatcheries Ltd Hyderabad SE 1A112 DHARTI Place for Agro Horti Solutions Indore SE 3C113 Bajaj Basmati Pvt Ltd Jalalabad SME 3114 Bajaj Industries Jalalabad SE 2B115 Ganesh Rice Mills Jalalabad SE 2C116 Pupneja Rice Mills Jalalabad SME 3117 Guru Nanak Rice Mills Jammu SE 3B118 J. M. Feed Mills Pvt Ltd Jind SE 3C119 Mor Hatcheries Jind SME 4120 Ban Mata Agro Industries Jodhpur SE 3C121 Annpoorna Overseas Karnal SE 2C122 Goel Rice Mill Karnal SE 2C123 Punjab Agro Industries Karnal SE 2B124 Shiv Shanker Rice Mills Karnal SE 2C125 Ritish Agro Pvt Ltd Khanna SE 3B126 Sanjiv Agro Pvt Ltd Khanna SE 3B127 Dhingra Rice and General Mills Kurukshetra SE 3B128 Ganesh Rice Mills Kurukshetra SE 2C129 Mansingka Pulses Pvt Ltd Latur SE 2B130 Shubham Agro Industries Latur SE 2B131 Pitambara Agri Sciences Pvt Ltd Lucknow SME 4132 Avtar and Company Ludhiana SE 3C133 B. B. H Harvester Spares Ludhiana SE 3C134 Golden Wheat and Allied Mills Pvt Ltd Ludhiana SE 1B135 Kambo Agro Industries Ludhiana SE 3C136 Mittal Agro Industries Ludhiana SE 3B137 Pupneja Rice Mills Ludhiana SE 2B138 RSG Foods Pvt Ltd Ludhiana SE 2C139 Jagat Agro Products Malerkotla SE 3B140 Sansar Agro Industries Malerkotla SE 3B141 Virdi Agro Industries Malout SE 3B142 Shriji Agro Products Mathura SE 3C143 Sri Balaji Seeds Company Medak SE 2B144 Deepak Seeds Pvt Ltd Mehsana SE 2C145 Sankrail Agro Poultries Pvt Ltd Midnapore SE 1C146 Aggarwal Rice & General Mills Muktsar SE 2C147 Aabhar International Mumbai SE 3C148 Trident Creation Mumbai SE 3B149 Sri Venkateswara Rice Industries Nalgonda SE 2B150 KSP Feeds Namakkal SE 2B151 S. M. Agro Food Namakkal SE 2B152 Sri Venkatalakshmi Rajagopalaswamy Rice Mill Narsapur SE 2B153 Dasa Durgalu Raw and Boiled Rice Mill Nellore SE 3B154 Pragathi Rice Mill Nellore SE 3B155 Tara Varaprasad Rice Traders Nellore SE 3B156 Metro Agri Industries Ltd New Delhi SME 5157 Suri Agro Fresh Pvt Ltd New Delhi SME 2158 Laxmi Industries Nizamabad SE 3B159 Padmavathi Agro Industries Nizamabad SE 2B160 Sai Sudha Industries Nizamabad SE 3B161 Sri Sai Venkateshwara Agro Industries Nizamabad SE 3B162 Sri Thirumala Agro Industries Nizamabad SE 3B163 Sri Venkateshwara Rice Mill Nizamabad SE 3B164 Dev Cotton Industries Patan SE 2B165 Urvesh Psyllium Industries Ltd Patan SE 3B166 Dilbag Agro Works Patiala SE 3B167 Gurjeet Combine Patiala SE 3B168 Aditya Agro Industries Pune SE 3B169 Kissan Rice Mills Punjab SE 3B170 Shiv Shanker Rice Mills Punjab SE 2B171 Shree Atam Manohar Industries Punjab SE 2C172 Vohra Foods Pvt Ltd Punjab SE 3C173 Manju Agro Pvt Ltd Raipur SE 1B174 Almighty Agrotech Pvt Ltd Rajkot SE 2B175 Vithlani Exports Rajkot SE 2C176 Jaggi Agriculture Works Rajpura SE 3B177 Santhi Sago Factory Rasipuram SE 2B178 Ravi Seeds & Research Pvt Ltd Ratlam SE 1B179 Saraswati Agro Chemicals India Pvt Ltd Ropar SME 2180 Baba Deep Tarai Seeds Rudrapur SE 3B181 Shivshakti Agro (India) Ltd Samastipur SME 2182 Rajaram Solvex Ltd Sangli SME 3183 Dasmesh Agricultural Industries Pvt Ltd Sangrur SE 2C184 Shiv Shanker Rice Mills Sangrur SE 2C185 V S M Hatcheries Pvt Ltd Secunderabad SE 2B186 Aggarwal Cotton and General Mills Sirsa SE 1C187 Bharat Rice Mills Sirsa SE 3C

188 Guranditta Mal Tilak Raj Sirsa SE 2C189 Mukta Seed Company Sirsa SE 2C190 Namdhari Food International Pvt Ltd Sirsa SME 4191 Shree Balaji Guar Gum Industries Sirsa SE 2B192 Shri Ram Seeds Sitapur SE 3C193 Sri Srinivasa Agri Products India Pvt Ltd Tadepalligudem SE 3C194 Ganesh Rice Mills Taran SE 2B195 Aditya Industries Thane SE 3C196 Sri Ganesh Cashew Industries Udupi SE 2B197 Shree Jagdamba Agro Processors Wardha SE 2C198 Suraj Agro Industries Wardha SE 5C199 Skylark Farms Yamuna Nagar SME 3

200 Kastwel Foundries Ahmedabad SE 1B201 Gal Aluminium Extrusion Pvt Ltd Ahmednagar SE 2B202 Galco Extrusions Pvt Ltd Ahmednagar SE 2B203 Alutop Bangalore SE 1B204 Ekopak India Pvt Ltd Bangalore SE 2A205 Hindcomp Pvt Ltd Bangalore SE 2A206 Jai Graphics Pvt Ltd Bangalore SE 2C207 Shiba Containers Pvt Ltd Bangalore SE 3B208 Combined Engineering Pvt Ltd Bhopal SE 3B209 Western Aluminium Industries Dadra & N Haveli SE 2A210 Landmark Crafts Pvt Ltd Ghaziabad SE 3C211 Excel Ano Components Hyderabad SE 2B212 O & S Ratna Aluminium Fabricators Pvt Ltd Hyderabad SE 3B213 Satya Surya Aluminium Industries Ltd Hyderabad SE 1C214 P. R. Steels Jagadhri SE 2C215 Classic Aluminium Works Pvt Ltd Jaipur SE 3C216 Perfect Industries Jaipur SE 2B217 Prem Aluminium Industries Jalandhar SE 2C218 Om Sai Extrusions Pvt Ltd Jalgaon SE 2B219 Agarwal Aluminium Jodhpur SE 3B220 Adishakti Alloys Pvt Ltd Kolkata SE 3B221 Aim Technologies Pvt Ltd Kolkata SE 2C222 R.K. Enamel Industry Kolkata SE 3C223 Indo Foil Pvt Ltd Korba SE 2B224 Arsh Enterprises Moradabad SE 3C225 Kumar International Moradabad SE 2B226 Shiva Exports Moradabad SE 3C227 Anand Aluminium Industry Muktsar SE 3B228 Allied Enterprises Mumbai SE 3B229 D. J. Industries Mumbai SE 2C230 Gujarat Nippon International Pvt Ltd Mumbai SE 2B231 Harsh Steel Mumbai SE 3C232 Jal Extrusion Pvt Ltd Mumbai SE 3C233 Jaynik Engineers Mumbai SE 2B234 Phoenix Industries Pvt Ltd Mumbai SE 1A235 Pioneer Extruders Pvt Ltd Mumbai SE 2C236 Prestige Castings Pvt Ltd Mumbai SE 2B237 Super Collapsible Tube Industries Pvt Ltd Mumbai SE 2B238 Arunoday Industries Nagpur SE 3C239 Neo Wheels Ltd Navi Mumbai SE 1A240 Sona Extrusion Pvt Ltd Navsari SE 2A241 Murti Udyog Ltd New Delhi SE 3C242 Albraco Pune SME 2243 Crystal Stone Company Pune SE 3C244 Ishan Industries Pune SE 2B245 San Enterprises Pune SE 3C246 Blize Pack Roorkee SE 3C247 Sangli Aluminium Extrusions Pvt Ltd Sangli SE 1B248 B. R. Extrusion Sangrur SE 3B249 Amitron Tubulars Pvt Ltd Thane SE 2B250 Anupam Seals Pvt Ltd Thane SE 3C251 Neel Enterprises Thane SE 2B252 Ubiquitous Signs Pvt Ltd Thane SE 3B

253 J. S. Fourwheel Motors Pvt Ltd Alwar SE 1A254 Samrithi Motors Pvt Ltd Ambala SME 4255 Samal Motors Pvt Ltd Angul SE 1B256 Marathwada Auto Compo Pvt Ltd Aurangabad SME 2257 Brosbel Engineering Pvt Ltd Bangalore SE 2B258 Motor World Pvt Ltd Bangalore SME 2259 Eternal Motors Pvt Ltd Bhavnagar SE 1B260 Prabha Associates Chennai SE 1B261 Rahyals Med India Pvt Ltd Chennai SME 3

Aluminium

Auto Services

Rating Assigned

SrNo Company City

Rating Assigned

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262 Selvabalaji Camphor Works Chennai SE 3C263 Sisodia Automobiles Pvt Ltd Chittorgarh SE 2B264 Indo Shell Auto Agency Pvt Ltd Coimbatore SE 1B265 Advance Forgings Pvt Ltd Faridabad SE 1B266 Jayem Auto Industries Pvt Ltd Faridabad SE 2B267 G. S. Motors Ghaziabad SE 2C268 Hoshiarpur Automobiles Hoshiarpur SE 2B269 Divine Marketing Associates Hubli SE 2C270 Hubli Cigarette Centre Hubli SME 3271 Forevision Instruments India Pvt Ltd Hyderabad SE 3B272 Sneha Motors Pvt Ltd Hyderabad SE 1B273 Future Vision Corporation Indore SE 2C274 Perfect Traders Indore SE 3C275 Ess Pee Industrial Corporation Jalandhar SE 2B276 Satpuda Automobiles Jalgaon SE 1A277 Girnar Auto Pvt Ltd Junagadh SE 3B278 Bharath Motors Kanyakumari SE 2B279 P. P. Automotive Pvt Ltd Karnal SE 2B280 Sidak Automobiles Pvt Ltd Karnal SE 2C281 S M Ghatge & Sons (Auto) Kolhapur SE 1B282 Dawn Motors Pvt Ltd Ludhiana SE 1B283 Yerik International Ludhiana SE 1B284 Adithya Agro Automotives Mahbubnagar SE 3B285 Satluj Motors Mandi SE 2C286 Econ Metallic (India) Pvt Ltd Mohali SE 2B287 Godawri Spherocast Ltd Mohali SE 1A288 Ashtavinayak Auto Pvt Ltd Mumbai SE 3C289 Diva Displays Mumbai SE 3C290 Syndicate Auto Components Mumbai SE 1A291 Syndicate Wiper Systems Pvt Ltd Mumbai SE 1B292 Narinder Parkash and Company Nabha SE 2B293 Sree L V Motors Nalgonda SE 2B294 Nashik Forge Pvt Ltd Nashik SE 2B295 Precision Forging and Stamping Nashik SE 1B296 Arpan Auto India New Delhi SME 4297 Marketing Times Automobiles Pvt Ltd New Delhi SME 3298 Techno Automobiles Pvt Ltd New Delhi SME 4299 Vishnupriya Automotives Ongole SE 1B300 Ansysco Parwanoo SME 3301 Singh Bajaj Auto Pvt Ltd Patna SME 3302 ARK MachTek Pvt Ltd Pune SE 2B303 Chromewell Industries Pvt Ltd Pune SE 1B304 Mahavas Precision Controls Pvt Ltd Pune SE 3B305 My Car (Pune) Pvt Ltd Pune SE 1B306 Namoh Glasses Pune SE 3B307 Premier Airconditioning Pune SE 2C308 Rivolta Auto Industries Pvt Ltd Pune SE 2C309 Sehgal Autoriders Pvt Ltd Pune SE 2C310 Vidyut Motors Pvt Ltd Pune SE 2B311 Vintech Electronic Systems Pvt Ltd Pune SE 2B312 Wooshin Engineering Pvt Ltd Pune SE 3B313 Brajesh Automobiles Pvt Ltd Purnea SE 1B314 Mangalam Automotives Pvt Ltd Raipur SE 2B315 Rainbow Automotive Pvt Ltd Raipur SE 1B316 Ralas Motors Raipur SE 1B317 Sri Gokul Motors Rajahmundry SE 1B318 Vandana Tractors Pvt Ltd Rajkot SE 2B319 Akash Ganga Motors Pvt Ltd Rajsamand SE 2B320 Agro Services Centre Ranchi SME 5321 Max Autos Sangrur SE 1B322 Tapan Motors Solan SE 1B323 Tapan Pet (a unit of Goyal Automobiles) Solan SE 2B324 Kaizen Motors Solapur SE 2B325 Ganga Automobiles Surat SE 2B326 President Motors Surat SE 2B327 Shree Ambica Auto Sales And Service Surat SE 1A328 Siddhi Electrical Enterprise Surat SE 3B329 Sri Murugan Industries Tenkasi SME 4330 Vijaya Bharathi Enterprises Tirupati SE 2B331 Meghachem Vadodara SE 3A332 Carewell Motors Vapi SE 3B333 Srinivasa Sales and Services Pvt Ltd Vijayawada SE 2B334 Sailaja Industries Visakhapatnam SE 3B335 Silicon Motors Visakhapatnam SE 3B336 Vishnu Carriers Pvt Ltd Visakhapatnam SE 1B337 Himalaya Cars Yavatmal SE 2B

338 Indo Sculp Autocomp Pvt Ltd Ahmednagar SE 2C339 Protech Power Industries Ahmednagar SE 3C

Automobile - Components

340 Hari Om Enterprises Aurangabad SE 2C341 Invotech Auto Comps Pvt Ltd Aurangabad SE 3B342 Yeshshree Press Comps Pvt Ltd Aurangabad SE 1B343 FP Seating Systems Pvt Ltd Bangalore SE 1B344 G I Auto Pvt Ltd Bangalore SE 2A345 Primex Presscomp Pvt Ltd Bangalore SE 1B346 S. M. Kannappa Automobiles Pvt Ltd Bangalore SE 1A347 Stanzen Engineering Pvt Ltd Bangalore SE 3C348 Atlas Alloy (India) Pvt Ltd Beawar SE 2B349 Vishal Storage Batteries Company Beawar SE 3C350 K. T. N. Metals Belgaum SE 2C351 Vega Funmobiles Pvt Ltd Belgaum SE 3B352 Jyote Motors Pvt Ltd Bhubaneshwar SE 1B353 Ace Motors Pvt Ltd Calicut SE 1B354 Perfect Power Industries Chandigarh SE 2B355 Brakes & Automotive Industries Chennai SE 2B356 Bright 'N Power Marketing Pvt Ltd Chennai SE 3C357 Chirakkal Automotive Pvt Ltd Chennai SE 2B358 Fiesta Car Rentals And Logistics Pvt Ltd Chennai SE 2B359 JM Frictech India Pvt Ltd Chennai SE 2B360 N. S. Rama Rao Body Works Chennai SE 2B361 Prabha Engineers Chennai SME 1362 Supermax CNC Centre Chennai SE 3B363 Alpha Drives Coimbatore SE 3C364 Essrvee Engineering Coimbatore SE 3B365 Jayachandran Industries Pvt Ltd Coimbatore SE 3C366 Devchhaya Industries Dharwad SE 2B367 Nu Tech Enterprises Faridabad SE 3C368 Sebros Industries Pvt Ltd Faridabad SE 1B369 Autoways India Ghaziabad SE 3B370 Counto Microfine Products Pvt Ltd Goa SME 4371 Ishwar Forgings Gobindgarh SE 3B372 Singla Polymers Gurgaon SE 2B373 Bajrang Automobiles Pvt Ltd Haldwani SME 3374 Citizen Autos Haridwar SE 1B375 Jaraa CNC Products Hosur SE 3B376 Sri Balaji Fabrication Works Hosur SE 2B377 Suri Auto Products Hubli SE 2B378 Aar Bee Enterprises Hyderabad SE 3B379 Deccan Vehicles Pvt Ltd Indore SE 2B380 Shri Balaji Auto Parts Indore SE 3C381 Jagabalia Workshop Jajpur SE 3C382 Raja Ram and Sons Automobiles Jalandhar SE 3B383 Goldstar Battery Pvt Ltd Jamnagar SME 1384 Hind Auto Pvt Ltd Jamshedpur SE 1B385 Sant Auto Jamshedpur SE 3C386 V. S. Enterprises Jamshedpur SE 3B387 Nataraj Mobiles Pvt Ltd Jhansi SE 2A388 Super Nova Auto Industries Kala Amb SE 2B389 Sny Autotech Pvt Ltd Kanchipuram SE 2B390 Vesta Autotech Pvt Ltd Kanchipuram SE 3C391 Jain Motors Kanpur SE 3B392 MCS Auto Pvt Ltd Kanpur SME 3393 Techno Tools Kanpur SE 3B394 Accutech Engineers Pvt Ltd Kolhapur SE 2C395 Auto Machine Centre Kolhapur SE 3B396 Bhavya Agencies Kolhapur SE 3B397 Ratna Udyog Kolhapur SE 3B398 Rivon Industries Kolhapur SE 3B399 Sun Auto Components Kolhapur SE 3B400 Garrison Engineering Company Pvt Ltd Kolkata SE 3C401 JDC India Ltd Kolkata SE 3C402 Apex Agencies Kota SE 2B403 Ride Energy Controls Pvt Ltd Kurukshetra SE 2B404 Beekay Motors Lucknow SE 2A405 Garga Marketing Lucknow SE 2B406 Motion Automobiles Pvt Ltd Lucknow SE 3B407 Narain Automobiles Lucknow SE 1A408 Attam Rattan Industries Ludhiana SE 3C409 B.B.H. Auto Industries Ludhiana SE 3C410 Bedico Automotives Ludhiana SE 3C411 Bhamber Enterprises Ludhiana SE 3B412 Bharat Auto Industries Ludhiana SE 3C413 Chadsons International Ludhiana SE 3B414 G.S. Auto International Ltd Ludhiana SME 2415 Gaidhu Mech Works Ludhiana SE 3C416 Godson Auto Pvt Ltd Ludhiana SE 3C417 Jasleen Auto International Ludhiana SE 3C418 K.S. Munjal Industries Ludhiana SE 1B419 Kalsi Cam Makers Ludhiana SE 3C420 Polestar Engineers Ludhiana SE 3B

Rating Assigned

SrNo Company City

Rating Assigned

SrNo Company City

CRISIL SME Connect

7

8421 R. J. Auto Industries Ludhiana SE 3B422 Rajindera Brothers Ludhiana SE 3B423 Scoot Manufacturing Company Ludhiana SE 3B424 SDB Auto Industries Ludhiana SE 3B425 Wasan Engineering Corporation Ludhiana SE 2B426 Abhijeet Plastics (India) Pvt Ltd Mumbai SE 2B427 Environmental Systems Products India Pvt Ltd Mumbai SE 2B428 Harsh Agencies Mumbai SE 3B429 Top Gear Consultants Pvt Ltd Mumbai SE 3B430 Marc Battery Industries Mysore SE 3B431 Nagaur Automobiles Pvt Ltd Nagaur SE 2C432 Srivatsa International Pvt Ltd Nagercoil SE 2B433 Automark Industries (India) Ltd Nagpur SE 1B434 Paramhari Engineers Nagpur SE 2B435 Vidarbha Auto Components Pvt Ltd Nagpur SE 3B436 Autocop (India) Pvt Ltd Nashik SME 2437 Pelicans Automotive and

Promotional Products Pvt Ltd Nashik SE 1A438 Ukay Metal Industries Pvt Ltd Nashik SE 1A439 Amcats Pvt Ltd Navi Mumbai SE 2B440 Associated Composite Materials Pvt Ltd New Delhi SE 3C441 Rasandik Auto Components Pvt Ltd New Delhi SE 1B442 SBR Auto Components Ltd New Delhi SE 2C443 Super Seals India Ltd New Delhi SME 3444 VIN Poly Additives Pvt Ltd New Delhi SE 2B445 Vishwakarma Automotive Pvt Ltd New Delhi SE 2B446 Bandhu Enterprises Noida SE 2C447 K. V. Automotive Components Phagwara SE 3C448 Anandas Metal Industries Pune SE 2B449 Auto Accessories Pune SE 3B450 Chintamani Autocomp and

Engineering Products Pvt Ltd Pune SME 5451 Chorghade Power Solutions Pune SE 3B452 Guru Engineers Pune SE 3C453 Indo Automotive Batteries Pvt Ltd Pune SE 3B454 Jayshree Enterprises Pune SE 2B455 Lakshmi Engineering Works Pune SE 3B456 Pashankar Auto India Pvt Ltd Pune SE 1B457 Pashankar Auto Wheels Pvt Ltd Pune SME 3458 Ratna Gears Pvt Ltd Pune SE 3B459 Sai Engineering Pune SE 3C460 Sant Engineering Works Pvt Ltd Pune SE 2B461 Seinumero Nirman Pvt Ltd Pune SE 2B462 Shri Yash Auto Industries Pune SE 3B463 SRS Technoventure Pvt Ltd Pune SE 3B464 Suman Engineering Pune SE 3B465 Swaroop Techno Components Pvt Ltd Pune SE 2A466 Tara Traders Pune SE 3B467 United Pressings Pune SE 3C468 Vasant Weldpress Industries Pune SE 3B469 Ventisys Equipments Pvt Ltd Pune SE 3B470 A.V. Enterprises Raipur SE 2B471 Ashish Engineering Works Rajkot SE 3B472 Gokul Auto Manufacturers Rajkot SE 2B473 J. J. Auto Components India Pvt Ltd Rajkot SE 3C474 Millennium Ring Manufacturing Company Rajkot SE 2B475 Rupal Industries Rajkot SE 3C476 Sanjay Industrial Corporation Rajkot SE 3C477 Jain Industrial Products Rohtak SE 2B478 Sanewal Auto Engineers Pvt Ltd Rohtak SME 3479 Chavan Automobiles Solapur SE 2B480 Samta Automobiles Sonepat SME 5481 Automotive Techno Pvt Ltd Surat SE 3C482 Bharat Lubricants Surat SE 3B483 Jivan Jyot Motors Pvt Ltd Surat SE 3C484 Lasercut (I) Technology Pvt Ltd Surat SE 3B485 Trishul Motors Surat SE 1B486 Balaji Cars Pvt Ltd Thane SE 1C487 PS Auto Pvt Ltd Thane SE 3B488 Citizen Exports Udham S Nagar SE 1B489 KVN Auto Engineering Pvt Ltd Udham S Nagar SE 3C490 Jay Associates Vadodara SE 3B491 Asha Industries Pvt Ltd Wardha SE 3B

492 Naveen Distillery Goa SE 3B493 Veeramani Biscuit Industries Ltd Hyderabad SE 2A494 Kashmir Distilleries Pvt Ltd Jammu SE 3B495 Sizzling Beverages Pvt Ltd Meerut SE 3B

Beverages

Rating Assigned

SrNo Company City

Rating Assigned

SrNo Company City

496 Dixon Bio Medica Mumbai SE 2B497 Goldwin Health Care Pvt Ltd Mumbai SE 4C498 Value Beverages Mumbai SE 2B499 Vinsura Winery Pvt Ltd Nashik SE 3C500 Gagan Wine Trade & Financers Ltd New Delhi SME 3501 Himalayan Beverages New Delhi SE 3B502 Viraj Alchohol & Allied Industries Ltd Sangli SME 5503 Vishnu Laxmi Co - op Grape Distillery Ltd Solapur SE 3C504 Elite Distilleries & Beverages Company Thrissur SE 3C

505 A K Cycle Industries Ludhiana SE 3B506 Amrik Cycle Industries Ludhiana SE 3B507 Anglo Cycles Pvt Ltd Ludhiana SE 2B508 B. R. Industries (Regd) Ludhiana SE 3B509 Bharti Sales (India) Ludhiana SE 3B510 Botswana Enterprises Ludhiana SE 4C511 Ferro Fabs Industries Ludhiana SE 3B512 Himat Industries Ludhiana SE 3B513 Indian Metal Labels Ludhiana SE 3C514 Jimmy Enterprises Ludhiana SE 3C515 L. S. Products Ludhiana SE 3C516 New Modern Steel Industries (India) Ludhiana SE 1B517 R. P. Gupta And Brothers Ludhiana SE 3C518 Ramson Udyog Ludhiana SE 2B519 S. I. Enterprises Ludhiana SE 3B520 Sober International Ludhiana SE 3C521 Sood Industries Ludhiana SE 3C522 Saritha Engineering Works Mumbai SE 3B523 Futuro Components Pvt Ltd New Delhi SE 1B

524 Akbar International Agra SE 2A525 Khodiyar Ceramics India Pvt Ltd Ahmedabad SE 3B526 Hi-Tech Concrete (India) Pvt Ltd Bangalore SE 2B527 Omshree Granites Bangalore SE 3C528 Rathna Mineral Enterprises Bangalore SE 3B529 Sati Exports India Pvt Ltd Bangalore SE 2B530 Vishwas Concrete Pvt Ltd Bangalore SE 2C531 Vishwas Granites Bangalore SE 2C532 Krishna Stone Industries Pvt Ltd Bareilly SE 1B533 Sapna Industries Beed SE 3B534 Balaji Minerals Bhilai SE 3B535 Stone Age Bhubaneshwar SE 3B536 Kalika Cement Ltd Burdwan SE 2B537 Biligiri Granites Chamarajanagar(Kar.)SE 2A538 Archean Granites Chennai SE 2B539 Spectrum Granites Chennai SE 3B540 Sun Rock (Impex) Chennai SE 2B541 Paradise Marble Pvt Ltd Chittorgarh SE 3B542 Rajaram Marblex (India) Pvt Ltd Chittorgarh SE 3B543 New Stone Quarry Dahod(Guj) SE 3B544 Bajarangbali Stone Crusher Deogarh SE 3C545 Maa Kali Stone Crusher Dhanbad SE 3B546 Delight Chemicals Pvt Ltd Guntur SE 2B547 Kuntal Granites Pvt Ltd Hosur SE 2B548 Legend Estates Pvt Ltd Hyderabad SME 3549 M/s. P. Venkateswara Rao Hyderabad SME 3550 Concrete Technochem Indore SE 3C551 Deep Builders And Contractors Jagadhri SE 3B552 Satyam Stonex Jaipur SE 3C553 Rachana Stones Jalore SE 2B554 Megha Concrete Industries Jamshedpur SE 3B555 Sunshine Concrete Industries Jamshedpur SE 3B556 Shree Balaji Stone Industries Jhansi SE 3B557 Shree Concretes Pvt Ltd Kanpur SE 3B558 Sri Venkatesh Granites Pvt Ltd Karimnagar SE 2C559 N. M. T. International Karur SE 3C560 Shri Nath Industries Kathua SE 3B561 Laxmi Stonex Kishangarh SE 3C562 Hytek Marbles Pvt Ltd Kishangarh(Raj) SE 3C563 Ado Additives Mfg Pvt Ltd Kolkata SE 3B564 Krishna Mineral Industries Kolkata SE 3C565 Mahendra Stones Kota SE 3B566 Seaward Exports Pvt Ltd Kota SE 2B567 Spectrum Manufacturers Kota SE 3B568 Pakalomattam Industry Kottayam SE 3C569 Buildtech Engineers Ludhiana SE 3C

Bicycle & parts

Building Material

GNKI MMA ARKETSF UNC

TOI

NB ETTER

YEARS

647 Uphar Cable Industries Unit - II Una SE 3C648 Ruby Cables Ltd Vadodara SE 3B649 Taj Industries Vadodara SE 3B

650 Atul Enterprises Ahmedabad SE 2B651 Bhatinda Ceramics Pvt Ltd Bhatinda SE 2B652 Firozabad Ceramics Pvt Ltd Firozabad SE 2B653 Supreme Glazes Pvt Ltd Himatnagar SE 2B654 Premier Industries Hubli SE 3B655 Dileep Ceramics Pvt Ltd Jaipur SE 1B656 K. N. Ceramics Mandi G'garh SE 3B657 Sterling Ceramics Mehsana SE 2B658 AAA Bath Fashions Moradabad SE 3C659 Boss Ceramics Morbi SE 2B660 Dolphin Tile Concept Morbi SE 3B661 Mod Ceramic Industries Ltd Morbi SE 1B662 Bhansali Cerim India Pvt Ltd Mumbai SE 2B663 Firetex Protective Technologies Pvt Ltd Mumbai SE 3C664 Sonarch International Pvt Ltd Mumbai SE 2B665 J. N. Traders Pune SME 3666 Milled Zircon India Pvt Ltd Pune SE 2B667 Navrang Ceramic Rajkot SE 3B668 Win-tel Ceramics Pvt Ltd Rajkot SME 2669 Babasaheb B. Gunjate Sangli SE 3B670 Prakash Ceramics Surendranagar SE 3B671 Rautec Ceramics Pvt Ltd Vijayawada SE 3B

672 Sardar Chemfert Industries Abohar SE 2B673 Atlas Dye - Chem (India) Pvt Ltd Ahmedabad SE 3B674 Avani Dye Chem Industries Ahmedabad SE 3C675 Charbhuja Agrochem Pvt Ltd Ahmedabad SE 1B676 Dhruv Chem Industries Ahmedabad SE 1B677 Goyal Arcade Pvt Ltd Ahmedabad SE 2B678 Ishan Dyes & Chemicals Ltd Ahmedabad SME 2679 Magnum Organics Pvt Ltd Ahmedabad SE 3C680 Sayona Colors Pvt Ltd Ahmedabad SE 1A681 Supreme Chemical Industries Ahmedabad SE 3B682 Anipra Chemicals Pvt Ltd Ahmednagar SE 2B683 Shiv Shakti Extractions Pvt Ltd Ahmednagar SE 1B684 Amar Colour Chem India Amritsar SE 3B685 D. H. Overseas Amritsar SE 3B686 Arihant Chemicals Industries Ankleshwar SE 3B687 R. P. Industries Bangalore SE 3B688 Shanti Chemical Works Belgaum SE 2B689 Anish Chemicals Bhavnagar SE 3C690 Kothari Chemicals Bhilai SE 1B691 Kushal Chemicals Bhilai SE 2B692 Sai Chemicals Pvt Ltd Bhilai SME 2693 Jhunsons Chemicals Pvt Ltd Bhiwadi SE 3B694 Saraswati Gum & Chemicals Bhiwani SE 2B695 Krishna Speciality Chemicals Pvt Ltd Bilaspur SE 2A696 Anuja Health Care Ltd Chandigarh SE 2B697 Hari Narain Industries Chandigarh SE 1A698 Shantikunj Solvent Ltd Chandrapur(Mah)SME 4699 Arudra Engineers Pvt Ltd Chennai SME 1700 Thejo Engineering Ltd Chennai SE 1A701 Encee Aromatics Pvt Ltd Coimbatore SE 2A702 Jacobi Carbons India Pvt Ltd Coimbatore SE 2B703 Norex Flavours Pvt Ltd Dhanaura SE 2B704 SKM Siddha and Ayurvedha Company India Ltd Erode SE 2C705 Alfa Cotec Industries Gurgaon SE 1B706 P. V. Biochem India Pvt Ltd Hosur SE 3B707 Tirupati Industries Howrah SE 3B708 Acacia Life Sciences Pvt Ltd Hyderabad SE 2B709 Acer Engineers Pvt Ltd Hyderabad SME 3710 Fine Fab Pvt Ltd Hyderabad SE 2B711 Grindwell Pulverizers Pvt Ltd Hyderabad SE 3C712 Minova Minetek Pvt Ltd Hyderabad SE 3C713 Sizoll Chemicals Pvt Ltd Hyderabad SE 2C714 Sri Kankadurga Solvent Extractions Pvt Ltd Hyderabad SE 3B715 Venshiv Chemicals Pvt Ltd Hyderabad SE 3B716 Gurjar Chemicals Pvt Ltd Indore SE 3B717 International Lubricants Enterprises Indore SE 3B718 Mani Agro Chemicals Indore SE 3C719 Nirmesh Enterprises Pvt Ltd Indore SE 2B720 Om Engineers Indore SE 3C

Ceramics

Chemical

Rating Assigned

SrNo Company City

Rating Assigned

SrNo Company City

CRISIL SME Connect

9

570 Neeraj Granites Madurai SE 3B571 Kanti Prasad Mittal Meerut SE 2B572 Mangat Ram Rattan Lal Muktsar SE 3C573 New Age Brick Industries Pvt Ltd Muktsar SE 3B574 Pathela Marble Industries Muktsar SE 3C575 Asia Pacific Marbles Pvt Ltd Mumbai SE 2A576 Nicon Infra And Construction Pvt Ltd Mumbai SE 3B577 NSS Trade India Pvt Ltd Mumbai SE 1B578 National Granite Industry Mysore SE 3B579 Akash Minerals Nagpur SE 3C580 Beat Conframe Pvt Ltd Nagpur SE 3C581 Breackon Concretes Pvt Ltd Nagpur SE 2B582 Gupta Minerals Nagpur SE 3C583 Ravi Earth Movers Namakkal SE 2B584 B. J. Civil Works Navi Mumbai SE 2B585 Modern Tiles And Marbles New Delhi SE 3B586 Seema Industries New Delhi SE 3C587 Shri Rama Agency New Delhi SME 4588 Tushar Flooring Selections Palakkad SE 2B589 Heritage Export Company Panipat SE 3C590 International Braid Makers Panipat SE 3B591 Sri Eswari Chamber Bricks Paramakudi SE 5C592 Kavumkal Granites Pathanamthitta SE 2B593 Kavumkal Granites Pvt Ltd Pathanamthitta SE 3B594 Nalakath Granites Perintalmanna SME 5595 Chimbalkar Stone Crusher Pvt Ltd Pune SE 3B596 Deepali Stone Crusher Sand Pune SE 3B597 Dharmavat Stone Crusher Pune SE 3B598 Sai Suppliers Pune SE 3B599 Shree Ambica Stone Crusher Pune SE 3B600 Ranchi Refractories (India) Pvt Ltd Ranchi SE 3B601 Tirupati Carbons & Chemicals Pvt Ltd Ranchi SE 2B602 S.V.G. Granites Ltd Secunderabad SME 3603 J. N. Dey Choudhury (Poles) Siliguri SE 3B604 S. M. Autade Solapur SE 1B605 S. M. Autade Solapur SME 2606 Akriti Stones & Crafts Exports Sonepat SE 3B607 Better Homes Furnishing Pvt Ltd Surat SE 4C608 Krishna Precasts Surat SE 3B609 Saffron Met-Yarns Ltd Surat SE 2B610 Prem Kumar Bansal (Contractor) Talwandi SE 2B611 Vee Vee Industrial Needs Tuticorin SME 4612 Arti Marbles And Granites Pvt Ltd Udaipur SE 3B613 Entrust Granites Pvt Ltd Udaipur SME 5614 Goldstar Marbles Pvt Ltd Udaipur SE 3B615 Rose Marbles Ltd Udaipur SE 2B616 The Quality Bricks Udaipur SE 3B617 Kashmir Cement Udhampur SE 3B618 Balaji Sanitary Syndicate Visakhapatnam SE 3B619 Bhawna Marble Yamuna Nagar SE 3C

620 Optiflex Industries Ahmedabad SE 2B621 Techno Tele-Project Ahmedabad SME 4622 Tera Cables India Pvt Ltd Ahmedabad SE 2B623 Sanjog Wire and Cable Industries Amritsar SE 2B624 Paragon Cables Industries Pvt Ltd Baddi SE 2B625 Gujarat Cables & Enamelled Products Pvt Ltd Dadra & N Haveli SE 1B626 Atlas Cables and Accessories Pvt Ltd Gandhidham SE 3B627 Bengal Cable Industries Ghaziabad SE 3B628 Shankar Cable Industries Gorakhpur SE 3B629 Electro Cables Industries Indore SE 3B630 Juneja Wires Pvt Ltd Jaipur SE 2B631 Tirupati Plastomatics Pvt Ltd Jaipur SE 2B632 Elecon Meerut SE 2B633 Bhuwal Insulation Cable Pvt Ltd Mumbai SE 3B634 ESS ELL Cables Company New Delhi SE 1B635 Ravi Cable Industries New Delhi SE 2B636 Saffron Cable Industries Pvt Ltd New Delhi SE 2B637 Taj Industries Palakkad SE 3B638 Associated Flexibles and Wires Pvt Ltd Pune SE 1A639 Telemetrics Incorporated Pune SE 2B640 Shreeji Cable Industries Rajkot SE 3C641 Capri Cables Pvt Ltd Secunderabad SE 3B642 Finecab Wires and Cables Pvt Ltd Secunderabad SE 3B643 Gloster Cables Ltd Secunderabad SME 5644 Rajnigandha Cables Pvt Ltd Solan SE 2B645 S. R. Engineering Works Thane SE 3C646 Teamwork Cables Pvt Ltd Umbergaon SE 3B

Cables

721 Shree Nidhi Marketing Pvt Ltd Indore SE 3B722 Synthochem Pvt Ltd Indore SE 2B723 Quartz Minerals and Chemicals Jaipur SE 3C724 Shalimar Seal & Tar Products Pvt Ltd Jaipur SE 1B725 Punjab Chemical Works Jalandhar SE 3B726 Rukhma Industries Jalgaon SE 3C727 Tawi Chemicals Industries (Unit 2) Jammu SE 2C728 Shiv Shakti Oils Pvt Ltd Jeypore(Odi) SE 3B729 Goodrich Agrochem Pvt Ltd Karnal SE 2B730 Shree Balaji Pigment Pvt Ltd Kathua SME 4731 Polyformalin Ltd Kochi SE 1B732 Auropol India Pvt Ltd Kolkata SE 1A733 D. M. Industries (India) Kolkata SE 3B734 Nahta Salt and Chemical Pvt Ltd Kutch SE 2C735 Misha Dyes and Chemicals Ludhiana SE 2C736 Nano Tech Chemical Brothers Pvt Ltd Ludhiana SE 2B737 Nav Durga Dyeing House Ludhiana SE 3B738 M. B. Chemicals Malegaon SE 3C739 Aarna Lube Pvt Ltd Mumbai SE 3C740 Accord Chemical Corporation Mumbai SE 2B741 Akin Chemicals Pvt Ltd Mumbai SME 2742 Ankush Enterprise Mumbai SE 2B743 Anmol Chemicals Mumbai SE 3B744 Ark Chemicals Pvt Ltd Mumbai SE 1B745 Ashapura Aromas Pvt Ltd Mumbai SE 1B746 AVA Chemicals Pvt Ltd Mumbai SME 1747 Bidar Chemo Trades Mumbai SE 2B748 Cardinal Chemicals Pvt Ltd Mumbai SE 2A749 Chem Trade Overseas Pvt Ltd Mumbai SE 2C750 Colorband Dyestuff Pvt Ltd Mumbai SE 1B751 Colourex Mumbai SE 3C752 Crest Chemicals Mumbai SE 1B753 Crystal Chemicals & Plastics Mumbai SE 3C754 Crystal Fine Chemicals Mumbai SE 3B755 Daga Global Chemicals Ltd Mumbai SME 2756 Dujodwala Products Ltd Mumbai SME 1757 Dynamic Flow Products Pvt Ltd Mumbai SME 2758 Enzal Chemicals (India) Ltd Mumbai SE 2B759 Epcoat Surface Systems Mumbai SE 2B760 Flora Chemicals Mumbai SE 2B761 Goodway Chemicals Pvt Ltd Mumbai SE 3C762 Hans Chemicals Pvt Ltd Mumbai SE 3B763 Harman Sales Pvt Ltd Mumbai SE 2B764 Highland International Mumbai SE 3B765 Himalaya Terpenes Pvt Ltd Mumbai SE 2B766 International Drugs and Chemical Company Mumbai SE 2B767 Jeetchem Organics Pvt Ltd Mumbai SE 3B768 Kamsons Chemicals Pvt Ltd Mumbai SE 1B769 Knox Impex Pvt Ltd Mumbai SE 2B770 Kolorjet Chemicals Pvt Ltd Mumbai SE 2B771 L. N. Chemical Industries Mumbai SE 1A772 M. J. Chemicals Mumbai SE 2C773 Madhu Chemicals Mumbai SE 3B774 Mody Chemical Industries Mumbai SE 3B775 Mody Chemi-Pharma Pvt Ltd Mumbai SE 1A776 Mysore Ammonia Pvt Ltd Mumbai SE 2A777 Nandolia Organic Chemicals Pvt Ltd Mumbai SE 1A778 New Multifab Engineers Pvt Ltd Mumbai SE 2B779 New Tech Chemicals

(A Division of Pioneer Rub Chem Pvt Ltd) Mumbai SE 2B780 Newkem Products Corporation Mumbai SE 2A781 Nishal Enterprises Pvt Ltd Mumbai SE 2B782 Noble Corporation Mumbai SE 2B783 Orbit Fine Chem Mumbai SE 3B784 Organo Fine Chemicals Mumbai SE 1A785 Panopharm Mumbai SE 3B786 Precious Chemicals Mumbai SE 3B787 Pulcra Chemicals India Pvt Ltd Mumbai SME 2788 Rishabh Metals and Chemicals Pvt Ltd Mumbai SE 2B789 Roha Carbonates Pvt Ltd Mumbai SME 4790 Ronuk Chemicals Pvt Ltd Mumbai SE 1A791 Sagar Speciality Chemicals Pvt Ltd Mumbai SE 3B792 Salvi Chemical Industries Ltd Mumbai SME 2793 Samrat Remedies Ltd Mumbai SE 1B794 Sanjay Chemicals (India) Pvt Ltd Mumbai SE 1B795 Scottish Chemical Industries Mumbai SE 2B796 Shilpa Chemspec International Pvt Ltd Mumbai SE 3B797 Shree Industries Mumbai SE 2B798 Shree Saibaba Chemical Industries Mumbai SE 3B799 Sood Chemical Industries Pvt Ltd Mumbai SE 3B

Rating Assigned

SrNo Company City

Rating Assigned

SrNo Company City

10

800 Spak Orgochem (India) Pvt Ltd Mumbai SE 1A801 Spectrochem Pvt Ltd Mumbai SE 1A802 Spray Fill India Pvt Ltd Mumbai SE 3C803 Tiki Tar Industries (India) Ltd Mumbai SE 1A804 Unitop Chemicals Pvt Ltd Mumbai SE 1A805 Vaishali Pharma Pvt Ltd Mumbai SE 2C806 Vasudha Chemicals Pvt Ltd Mumbai SE 2A807 Vasupujya Filaments Mumbai SE 1B808 Yasham Chemphar Pvt Ltd Mumbai SE 2A809 APS Befrand Industries Nagpur SE 3B810 Vishwakarma Auto Services Nagpur SE 3C811 Jyoti Chemicals Nashik SE 2B812 Ashonuj Chem Pvt Ltd Navi Mumbai SE 3B813 Pratap Organics Pvt Ltd Navi Mumbai SE 2B814 Satyajit Chemicals Pvt Ltd Navi Mumbai SE 2B815 Naran Lala Pvt Ltd Navsari SE 2B816 CICO Technologies Ltd New Delhi SE 1B817 Iro Coat Inks New Delhi SE 3B818 Parkash Dye Chem New Delhi SE 2B819 R. P. Industries New Delhi SE 2B820 Safex Chemicals (India) Ltd New Delhi SE 1B821 Shree Vardhman Industries New Delhi SE 3C822 Sona Enterprises New Delhi SME 4823 Swam Pneumatics Pvt Ltd Noida SME 1824 Acme Process Systems Pune SE 3B825 Century Agro Chemicals Pune SE 3B826 Cristal Pharma Pvt Ltd Pune SE 3B827 Halides Chemicals Pvt Ltd Pune SE 2B828 Manshya Marketing Pvt Ltd Pune SE 2A829 Peri Nitrates Pvt Ltd Pune SE 1B830 Pratap Texchem Pvt Ltd Pune SME 4831 Reliable Chemicals Pune SE 2B832 Sagar Enterprises Pune SE 3B833 Shree Industries Pune SE 3C834 Siddhivinayak Plastic Industries Pune SE 3C835 Subhash Chemical Industries Pvt Ltd Pune SE 1A836 Elppe Chemicals Pvt Ltd Raigad SE 1A837 Hari Enterprises Raigad SE 3C838 Galaxy Impo Expo Pvt Ltd Raipur SE 3B839 Sona Enterprises Raipur SE 2C840 Polybond Projects Pvt Ltd Rajnandgaon SE 2B841 Arosol Chemicals Pvt Ltd Saharanpur SE 3C842 Peak Chemical Industries Ltd Siliguri SE 3B843 Gaurav Gum and Chemicals Sirsa SE 2C844 N. K. Dhayafule Dyeing Works Solapur SE 3B845 Kallpam Trading Surat SE 3B846 Kartik Dyeing and Printing Mills Pvt Ltd Surat SE 2B847 R. S. Enterprise Surat SE 3C848 United Organic Surat SE 3B849 ABC Corporation Thane SE 3B850 Anuvi Chemicals Ltd Thane SE 1B851 Hebbar Chemicals Pvt Ltd Thane SE 2A852 Jay Chem Industries Thane SE 2B853 Razdan Group Thane SE 2B854 Sigma Chemical Industries Thane SE 3B855 Kalpaka Chemicals Pvt Ltd Tuticorin SE 1B856 Chintan Enterprises Vadodara SE 3B857 Gujarat Chemicals And Fertilizer Trading Company Vadodara SE 3C858 Gujarat Metals And Chemicals Company Vadodara SE 3B859 Minol Acids And Chemicals Pvt Ltd Vadodara SE 3B860 Nirmit Chemicals Vadodara SE 2B861 Radhika Orgo-Chem (India) Pvt Ltd Vadodara SE 2A862 Shree Sai Minerals and Chemicals Vadodara SE 3C863 Sarna Chemicals Pvt Ltd Vapi SME 3864 Arvind Trade Links Pvt Ltd Zirakpur SE 2B

865 Astron Chemicals (India) Ahmedabad SE 3B866 Madhu Hydrocolloids Pvt Ltd Ahmedabad SE 2B867 Organica Industries Ahmedabad SE 3B868 Khurana Oleo Chemicals Amritsar SME 2869 Malik Chemi Process Pvt Ltd Bahadurgarh SE 3C870 Parihar Enterprises Bikaner SE 3C871 Ganpati Chemicals Chandigarh SE 3B872 Quality Pharma Products Pvt Ltd Dibrugarh SE 2B873 Shinex Adhesive & Chemicals Faridkot SE 3C874 Rajdhani Chemicals Pvt Ltd Hyderabad SME 5875 Feb Chem Engineering Works Indore SE 2B876 Prime Disin Chem Pvt Ltd Indore SE 3B

Chemical Equipments

GNKI MMA ARKETSF UNC

TOI

NB ETTER

YEARS

877 Biosynthetics Jalgaon SE 3C878 Kedia Alum and Chemicals Jamshedpur SE 3B879 Kankani Traders Kanpur SE 3B880 Varun Polymers Karnal SE 3B881 Hydro Carbons and Chemicals Kolkata SE 2B882 Oswal India Agro Chemicals Kurukshetra SE 3C883 Jaysons Chemical Industries Mumbai SE 2B884 Jyoti Engineers & Constructions Mumbai SE 3B885 Pravin Dyechem Pvt Ltd Mumbai SE 3B886 Rahul Photographic Company Pvt Ltd Mumbai SE 3B887 Surchem Chemicals Pvt Ltd Mumbai SE 3B888 Tiny Chempro Mumbai SE 3B889 Viraj Inks & Chemicals Pvt Ltd Mumbai SE 3B890 Quality Chemical Industries Navi Mumbai SE 2B891 Topnotch Chemicals Pvt Ltd Navi Mumbai SE 3B892 Shri Ram Overseas Panipat SE 3B893 Addison Industries Patancheru SE 3B894 Neel Bleach Pvt Ltd Pithampur(M.P) SE 2B895 DBS Chemicals Pune SE 3B896 Dimple Chemicals & Services Pvt Ltd Pune SE 2B897 Narendra Surfactant and Speciality Chemicals Pvt Ltd Pune SE 3C898 Saneesa Chemicals & Equipments Pvt Ltd Pune SE 2B899 Usha Chemicals Pune SE 3B900 V K Pump Industries Pvt Ltd Pune SE 3B901 Yash Chemicals Pune SE 3B902 Radhe Enterprise Rajkot SE 3B903 Gujarat Chemicals Surat SE 2B904 Classi-Mech Equipments Pvt Ltd Thane SE 2C905 Setco Chemicals India Pvt Ltd Thane SE 1A906 Gorwara Chemical Industries Udaipur SE 2B907 Chemcon Speciality Chemicals Pvt Ltd Vadodara SE 2B908 Venus Texdyes Corporation Vadodara SE 3B909 Chandratech Vapi SE 3C

910 Amit N. Shah Ahmedabad SE 2B911 Dalal Marketing Ahmedabad SE 3B912 G. S. Wilkhoo Enterprises Ahmedabad SE 3C913 Khyati Realities Ltd Ahmedabad SME 4914 Nila Infrastructures Ltd Ahmedabad SE 1A915 Sangani Infrastructure India Pvt Ltd Ahmedabad SME 3916 Abhiruchi Enterprises Ahmednagar SE 3B917 Machine Well Engineering Company Ahmednagar SE 3B918 Jain Construction Company Ajmer SE 2C919 Mukesh G Goyal Ajmer SE 3B920 Usma Enterprises Aligarh SME 4921 Magic Bricks Infrastructure Pvt Ltd Allahabad SME 5922 Tarmac Builders India Aluva SE 2B923 Bhavana Enterprises Bangalore SE 3C924 CICON Engineers Pvt Ltd Bangalore SME 2925 DS-Max Properties Pvt Ltd Bangalore SE 2A926 K. N. K. Swamy and Company Bangalore SME 1927 KNK Nexgen Construction Pvt Ltd Bangalore SME 1928 Krishna Constructions Bangalore SE 1B929 Santhosh Buildwel Infra Pvt Ltd Bangalore SE 3B930 Siddartha Civil Works Pvt Ltd Bangalore SE 3B931 Spaceinfra Build India Pvt Ltd Bangalore SE 3B932 Sudhakaran Nair & Company Pvt Ltd Bangalore SE 2A933 Vishwas Construction Industries Pvt Ltd Bangalore SE 2C934 Gunajit Nath Barpeta SME 4935 Macrocosm Builders Barpeta SME 2936 Broadway Foundry & Engg. Works Batala SE 3B937 Madan Lal Bansal & Co. Contractors Pvt Ltd Bathinda SME 4938 Durga Hitech Project Pvt Ltd Bhilai SE 3B939 B. C. Bhuyan Constructions Pvt Ltd Bhubaneshwar SME 3940 D. N. Homes Pvt Ltd Bhubaneshwar SME 5941 Shine Infra Marketing Pvt Ltd Bhubaneshwar SME 4942 Magadh Infrastructures (India) Pvt Ltd Bilaspur SE 2B943 Star Builders Pvt Ltd Bilaspur SE 4C944 Calicut Landmark Builders and Developers Pvt Ltd Calicut SE 3C945 Chetan Industries Ltd Chandigarh SE 2B946 Almech Engineers Pvt Ltd Chennai SE 2B947 Big Infratech India Pvt Ltd Chennai SME 4948 DM Wall System Company Pvt Ltd Chennai SE 2B949 Er Deva Constructions and Contractors Pvt Ltd Chennai SE 3B950 Genlite Engineering Pvt Ltd Chennai SE 1B951 Grahalaya Constructions Pvt Ltd Chennai SE 2B952 Green Peace Constructions Pvt Ltd Chennai SE 1B953 Jain Granites & Projects India Ltd Chennai SE 2B

Construction

954 Janta Roadways Pvt Ltd Chennai SME 3955 Masago Construction Chennai SE 3B956 Powertech Constructions Pvt Ltd Chennai SME 3957 Shri Ramana Heavy Engineering Pvt Ltd Chennai SE 2B958 Sri Angala Parameswari Industries Chennai SE 3B959 Srishas Foundation Chennai SE 3B960 T. Kolandaivelu And Company Coimbatore SE 3B961 Triumph Realtors India Pvt Ltd Coimbatore SE 3B962 Shah Infra Towers Pvt Ltd Davangere SE 3B963 Suprada Construction Company Dharwad SE 2B964 Suprada Industries Pvt Ltd Dharwad SE 3B965 Vinayak S. Jadhav Dharwad SE 3B966 R. K. Hoteliers and Developers Pvt Ltd Durg SE 2B967 Marymatha Construction Company Ernakulam SME 3968 Sri Ranganathar Constructions Pvt Ltd Erode SE 3B969 V. N. V. Builders Pvt Ltd Erode SE 2B970 J. V. Engineering & Conveyors Pvt Ltd Faridabad SE 3B971 R. K. Constructions Faridabad SME 3972 Tractel Tirfor India Pvt Ltd Faridabad SME 3973 Waris Buildcon India Pvt Ltd Gaya SME 4974 Seema Construction Company Ghaziabad SME 3975 Vanguard Rays Infra Pvt Ltd Ghaziabad SE 2C976 Satya Developers Pvt Ltd Gurgaon SME 2977 SKC Infratech Pvt Ltd Gurgaon SME 2978 Wig Brothers Construction Pvt Ltd Gurgaon SME 2979 Synergy Creations India Pvt Ltd Guwahati SME 4980 Karan Construction Company Haldia SME 2981 Kommi Chandra Sekhar Engineers and ContractorsHubli SE 2B982 Manoj Developers and Builders Hubli SE 3B983 Manthan Groups Builders and Developers Hubli SE 3B984 N. I. Shetty Hubli SE 3B985 Shri Laxmi Enterprises Hubli SE 3B986 GYR Infra Projects Ltd Hyderabad SME 2987 Hexagon Constructions Hyderabad SME 4988 Hritasha Infra Projects Pvt Ltd Hyderabad SE 2B989 Incor Hospitals Pvt Ltd Hyderabad SME 3990 Manchukonda Prakasham Industries India Pvt Ltd Hyderabad SE 1A991 MYK Schomburg India Pvt Ltd Hyderabad SE 1B992 Noval CNC Teknicks Hyderabad SE 3B993 R.A.U.S Constructions Pvt Ltd Hyderabad SE 1B994 RKI Builders Pvt Ltd Hyderabad SE 2B995 Sai Constructions Hyderabad SE 3B996 Sai Power Constructions Hyderabad SE 2B997 Satva Infratech Pvt Ltd Hyderabad SE 2B998 Sri Gopikrishna Infrastructure Pvt Ltd Hyderabad SME 2999 Sri Sai Durga Infratech India Pvt Ltd Hyderabad SE 2B1000 Atriwal Infrastructure Pvt Ltd Indore SE 2B1001 Phaloudi Construction and Infrastructure Pvt Ltd Indore SE 2B1002 Samarth Infrabuild (India) Pvt Ltd Indore SE 2C1003 Mecon Engineering and Construction Jajpur SE 3C1004 R. S. Enterprises Jalandhar SE 3B1005 S. S. Patil Construction Pvt Ltd Jalgaon SE 2B1006 Mehta Construction Jamshedpur SE 3B1007 Amar Enterprises Jodhpur SE 3B1008 Paramount Builders and Suppliers Jorhat SME 41009 A. K. Construction Kanpur SE 2A1010 Gagandeep Construction Company Pvt Ltd Kanpur SME 51011 Concord Constructions Kasaragod(Ker.) SE 3B1012 Shree Palsiddha Construction Khamgaon SE 2A1013 Shree Sai Coach Builders Kheda SE 2B1014 Lovely Promoters Pvt Ltd Kishangarh SE 3B1015 Associated Constructions Kolhapur SE 2B1016 Himangini Infracon India Ltd Kolkata SME 31017 Mitra Guha Builders (India) Company Kolkata SE 2B1018 Nilanchal Grih Nirman Ltd Kolkata SME 41019 R. K. Engineering Corporation Kolkata SE 3B1020 B. B. Verma Constructions Korba SE 3B1021 J. J. Construction Korba SE 2B1022 Shanti Enggicon Pvt Ltd Korba SE 2B1023 S Chandraiah Krishnagiri SE 2B1024 Raaga Mayuri Builders Pvt Ltd Kurnool SME 21025 Satpuda Construction Company Kurukshetra SE 3C1026 Agarwal Company Lucknow SME 31027 Maa Gayatri Enterprises Lucknow SE 3C1028 Vaaho Builders and Developers Ludhiana SE 3B1029 Vaaho Scaffolding and Shuttering Pvt Ltd Ludhiana SE 3C1030 Zanders Engineers Ltd Ludhiana SE 2B1031 Sri Venkateswara Constructions Pvt Ltd Mandapeta SE 2B1032 L & L Builders Pvt Ltd Margao SME 41033 Sri Sai Ram Industrial Equipments Pvt Ltd Medak SE 3C

Rating Assigned

SrNo Company City

Rating Assigned

SrNo Company City

CRISIL SME Connect

11

1034 BNP Engineering Projects Pvt Ltd Midnapore SME 41035 Royale Paam Mohali SME 41036 A 3 B Projects Pvt Ltd Mumbai SE 3B1037 A to Z False Ceiling System Mumbai SE 3C1038 Adytum Designs Pvt Ltd Mumbai SE 3C1039 Aurtech Construction Pvt Ltd Mumbai SE 2B1040 Creative Constructions Mumbai SE 2B1041 DBM Geotechnics And Constructions Pvt Ltd Mumbai SME 11042 Dipti Builders Universal Pvt Ltd Mumbai SE 3B1043 Gala Aluplast Pvt Ltd Mumbai SE 4C1044 Industrial Construction Contractors Mumbai SE 3B1045 Maad Realtors and Infra Ltd Mumbai SE 3C1046 Muscovite Universal Mumbai SE 2B1047 Newkem Engineers Pvt Ltd Mumbai SME 21048 Nirman Realtors And Developers Ltd Mumbai SE 2B1049 Nityanand Infrastructure Ltd Mumbai SE 2B1050 Pragmatic Engineers Mumbai SE 3B1051 R. K. Madhani and Company Mumbai SME 11052 Rite Developers Pvt Ltd Mumbai SME 31053 Ronuplate Pvt Ltd Mumbai SE 1A1054 S. K. Trading Co. Mumbai SE 1B1055 Skaf Construction Pvt Ltd Mumbai SE 2B1056 Suretech Infrastructure Pvt Ltd Mumbai SE 2B1057 Techno Ceiling Products Mumbai SE 2A1058 Unifab Engineering Projects Pvt Ltd Mumbai SE 2B1059 Vipin Shah and Associates Mumbai SE 2C1060 Worksphere Ventures (India) Pvt Ltd Mumbai SE 3B1061 Green City Builders Nagpur SE 2C1062 P. K. Nagrare Constructions Nagpur SE 3B1063 Bagad Properties Nashik SE 3C1064 Harsh Constructions Pvt Ltd Nashik SE 2B1065 Kamdhenu Engineering Company Nashik SE 3B1066 Ravindra Developers Pvt Ltd Nashik SE 3B1067 S R Constructions Nashik SE 3C1068 Shweta Infrastructure and Housing (India) Pvt LtdNashik SME 21069 Subhadra Properties Pvt Ltd Nashik SE 3B1070 Damodhartech International Pvt Ltd Navi Mumbai SE 2B1071 Narmada Offshore Constructions Pvt Ltd Navi Mumbai SE 2A1072 Nirmitee Civil Engineers and Contractors Navi Mumbai SE 3B1073 Swastik Infra Logic (India) Pvt Ltd Navi Mumbai SE 2B1074 Venkatesh Construction & Earthmovers Company Navi Mumbai SE 3B1075 Gandhi Road Builders Navsari SE 2B1076 Alliance Nirmaan Ltd New Delhi SME 31077 B. N. Buildcon India Pvt Ltd New Delhi SME 41078 Chaudhary Builders New Delhi SME 31079 Mapsko Builders Pvt Ltd New Delhi SME 31080 Multi Infratech Pvt Ltd New Delhi SME 21081 Pal Mohan Electronics Pvt Ltd New Delhi SE 2C1082 Pragati Construction Consultants New Delhi SME 31083 Shreenidhi Realtors Pvt Ltd New Delhi SME 51084 Aerostone Building Products Pvt Ltd Noida SE 3C1085 T. S. Jayaprakash Palakkad SME 41086 Maan Builders Panchkula SME 31087 Vastu Construction Panchkula SME 41088 J. S. Grover Constructions Pathankot SME 41089 Magadh Micro Towers & Transmission Pvt Ltd Patna SE 2B1090 Lee Builders Perumbavoor SE 2B1091 Aman Enterprises Pune SE 2B1092 Bunty Enterprises Pune SE 3B1093 Cosmos Construction Machineries & Equipments Pvt Ltd Pune SE 2B1094 Deccan Construction Equipments and Machinery Pvt Ltd Pune SE 2B1095 Decon Equipments And Systems Pvt Ltd Pune SE 3B1096 Helios Pune SE 3B1097 Hew Precision Works Pvt Ltd Pune SE 3B1098 Jinendra Enterprises Pune SE 3C1099 Krishna Constro - Projects Pvt Ltd Pune SE 3B1100 Krishna Constructions Pune SE 3B1101 Manoja Sthapatya Pune SE 2A1102 Millennium Engineers and Contractors Pvt Ltd Pune SME 21103 Oriel Windows Pvt Ltd Pune SE 3B1104 Pratap Civil Engineering Pvt Ltd Pune SE 2B1105 Reward Constructions Pvt Ltd Pune SE 1B1106 Sankalp Tools And Components Pune SE 3C1107 Shiva Infraconstro Corporation Pvt Ltd Pune SME 41108 Shubham Structural and Civil Engineers Pvt Ltd Pune SE 2B1109 Vaichal Constructions Pvt Ltd Pune SE 2B1110 Waterfront Constructions Pvt Ltd Pune SME 21111 Siroya Asphalting Raigad SE 3B1112 Atharva Infrastructure Raipur SE 2B1113 D. M. Builders Raipur SE 3C

1114 Dolphin Promoters and Builders Raipur SE 3B1115 Indra Powergen Pvt Ltd Raipur SE 2B1116 Lalganga Builders Pvt Ltd Raipur SE 3B1117 Macadum Makers Infrastructure Pvt Ltd Raipur SE 2B1118 Mahamaya Grih Nirman Pvt Ltd Raipur SE 3A1119 P.S.A. Construction Raipur SE 2B1120 Shrikishan and Company Raipur SE 2B1121 Singhania Buildcon Pvt Ltd Raipur SE 3B1122 Ch Veerraju & Co Rajahmundry SE 3B1123 Shree Salasar Balaji Marmo Pvt Ltd Rajsamand SE 3B1124 NKB Infrastructure Pvt Ltd Rewari(Har) SE 1B1125 M.G. Industries Samba SME 31126 Kaulgud Constructions Pvt Ltd Sangli SE 2C1127 Kuber Constructions Sangrur SE 3B1128 Sai Construction Corporation Secunderabad SE 2B1129 Universal Appliances (India) Solan SE 1B1130 Patil and Company Solapur SE 2B1131 Patil and Company Solapur SME 31132 Unity Multicons Pvt Ltd Solapur SE 2B1133 D. H. Patel Surat SE 1A1134 Dream Engineers & Contractors Surat SE 2B1135 Natvar Construction Company Surat SE 2B1136 Nirman Constructions Surat SE 3B1137 Rajhans Infracon India Pvt Ltd Surat SE 3C1138 Shree Parth Corporation Surat SE 3B1139 Shripad Conchem Pvt Ltd Surat SE 2B1140 Shroff Construction Pvt Ltd Surat SE 3C1141 Siddhi Construction Surat SE 3B1142 Siddhi Constructions Surat SE 1A1143 Sonal Construction Company Surat SE 3B1144 Tejasvi Construction Surat SE 3B1145 Viral Builders Surat SE 2B1146 K. D. Realties Pvt Ltd Thane SE 3C1147 Konark Projects Ltd Thane SE 3B1148 M. S. Developers Thane SE 2B1149 Regency Nirman Ltd Thane SE 3B1150 Srujan Interiors and Architects Pvt Ltd Thane SE 3B1151 Annai Constructions Tirunelveli SE 2B1152 Aswathy Constructions Trivandrum SE 3B1153 Khamesra Brothers Pvt Ltd Udaipur SE 3C1154 Arcadia Developers Vadodara SE 2C1155 Dhanlaxmi Developers Vadodara SE 3B1156 Gunatit Builders Vadodara SE 3C1157 M/s. Shantilal B. Patel Vadodara SE 1A1158 Maa Infrastructure Vadodara SE 3B1159 Othello Developers Vadodara SE 3B1160 Prapti Corporation Vadodara SE 3C1161 Sankalp Construction Vadodara SE 2A1162 Satyanarayan Traders Vadodara SE 3B1163 Space Age Infracon Pvt Ltd Vadodara SE 3C1164 Noor India Buildcon Pvt Ltd Vapi SME 21165 Sri Sai Lakshmi Constructions and Co Vijayawada SME 21166 B. Ramanaiah Constructions Visakhapatnam SME 51167 CMK Associates Visakhapatnam SE 2C1168 Construction Corporation Visakhapatnam SE 3B1169 G K Reddy Constructions Visakhapatnam SE 3C1170 Lakshmi Narayana Constructions Visakhapatnam SE 3B1171 Lalitha Constructions Visakhapatnam SE 2B1172 M. Nagi Reddy & Company Visakhapatnam SE 2B1173 Pavan BuildTech Projects Pvt Ltd Visakhapatnam SE 3B1174 Qube6 Building Systems Pvt Ltd Visakhapatnam SE 3C1175 S. Satyanarayana and Company Visakhapatnam SE 2B1176 Gajanan Nagari Infraventures Pvt Ltd Wardha SE 3C1177 Maitri Group of Developers Wardha SE 3B1178 Satish V. Narharshettiwar Wardha SE 3B

1179 Nutec Infotech Pvt Ltd Ahmedabad SE 3B1180 Leapfrog Engineering Services Pvt Ltd Bangalore SE 3B1181 Sridevi Business Solutions Pvt Ltd Bangalore SE 2B1182 Innovative Security Solutions Chennai SE 2B1183 MC Zenith Autotech Pvt Ltd Chennai SE 3C1184 Sri Ram Engineering Chennai SE 3B1185 Skylark Infowaves Pvt Ltd Hyderabad SE 2B1186 Vinda Technologies Ltd Hyderabad SE 2B1187 Asco Capital Pvt Ltd Indore SE 3B1188 Goodluck Edumedia Pvt Ltd Indore SE 3C1189 Simtrad Overseas Pvt Ltd Indore SE 3B1190 Serv-O-Fin Pvt Ltd Kolkata SE 3B

Consulting/Advisory

Rating Assigned

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12

GNKI MMA ARKETSF UNC

TOI

NB ETTER

YEARS

1191 Mehrotra and Mehrotra Lucknow SE 3B1192 Bhowmick Enterprise Midnapore SME 51193 Aspire Management Solutions Pvt Ltd Mumbai SE 3B1194 BDO Consulting Pvt Ltd Mumbai SE 1A1195 Brindavan Energy & Infra Pvt Ltd Mumbai SE 2A1196 Element K Consulting Mumbai SE 3B1197 Kaihatsu Techno Centre Pvt Ltd Mumbai SE 3B1198 Manik Industries Ltd Mumbai SE 3C1199 Pioneer Marketing and Services Mumbai SE 3B1200 Shroff and Associates (Engineers) Pvt Ltd Mumbai SE 2A1201 Vivek Consultancy Service Mumbai SE 2B1202 VPD Consultants Pvt Ltd Mumbai SE 2B1203 Excel Gas and Equipments Pvt Ltd Navi Mumbai SE 2B1204 Krasny Marine Services Pvt Ltd Navi Mumbai SE 2A1205 Krasny Marine Services Pvt Ltd Navi Mumbai SME 21206 Sea Geo Surveys Pvt Ltd Navi Mumbai SE 2C1207 D. S. Madane Engineers and Contractors Pune SE 2B1208 Krehsst Recruitment Solutions Pune SE 3B1209 Power Care Systems Pune SE 3B1210 RMC Marketing Pvt Ltd Pune SE 2B1211 Sigma Human Resources India Pvt Ltd Pune SE 3A1212 United Engineers & Consultants Pune SE 2B1213 Amisha Estate Consultant Surat SE 3C1214 Karuna Engineer & Consultant Surat SE 3B1215 Mody Technical Consultancy (India) Pvt Ltd Surat SE 3B1216 Astute Management Consultancy Pvt Ltd Thane SE 4C1217 Epicons Consultants Pvt Ltd Thane SE 1A1218 Magcons Consulting Engineers Pvt Ltd Thane SE 2A1219 Millicon Consultant Engineers Pvt Ltd Thane SE 3B1220 Sharp Facility Management Pvt Ltd Thane SE 3B1221 Immanuel & Co. Tuticorin SE 2B1222 Devki Energy Consultancy Pvt Ltd Vadodara SE 3B1223 Mech Engineers Valsad SE 2B

1224 Chate Publications Pvt Ltd Aurangabad SE 3B1225 Chate Tutorials Pvt Ltd Aurangabad SE 2B1226 Shreeyash Pratishthan Aurangabad SME 41227 Rashtrotthana Parishat Bangalore SE 2A1228 Shree Sapthagiri Seva Sabha Trust Bangalore SME 51229 Shri Basaveshwar Veerashaiva Vidayavardhak Sangha Bangalore SME 21230 South East Asian Education Trust Bangalore SME 51231 Shri Ram Murti Smarak Trust Bareilly SME 11232 Shri Guru Teg Bahadur Edu Society Bhikhi(Pun.) SME 41233 Holistic Foundation Bhilai SE 3C1234 Rastogi Educational Society Bhilai SE 3B1235 Shri Gangajali Education Society Bhilai SE 1A1236 The Bhiwani Education Trust Bhiwani SME 51237 Indian Institute of Logistics Pvt Ltd Chennai SME 51238 K.S.R.Educational and Charitable Trust Chennai SME 51239 M.M.G. Holdings Pvt Ltd Chennai SME 31240 Indian Public School Pvt Ltd Coimbatore SE 2B1241 Sriguru Educational Trust Coimbatore SE 3B1242 Nirwan Charitable Trust Ganganagar SME 21243 Shree Bhagwan Singh Educational Society Gurgaon SME 41244 M.R.S. Shri Prannath Parnami Education Society Hisar SME 41245 Supreme Knowledge Foundation Hooghly SME 41246 Sana Educational Charitable Trust Hubli SE 3B1247 Seth Ghasiram Gopikishan Badruka Educational Society Hyderabad SME 21248 All India Agrasen Technical Education and

Research Foundation Jaipur SME 41249 Arch Educational Society Jaipur SE 3B1250 Chandrawati Education Society Jaipur SME 21251 Technocrats & Managers Society for

Advanced Learning & Gramothan Jaipur SME 31252 Kakinada Institute of Technology and

Science Educational Society Kakinada SME 21253 Mata Vaishno Devi Educational Society Kangra SME 41254 Rama Educational Society Kanpur SME 21255 Bomma Rajeshwara Rao Educational Welfare Society Khammam SE 3B1256 Boon Education, Environment And

Rural Development Society Khammam SE 2B1257 School of Information Technology Kolkata SE 3B1258 Sardar Kewal Singh Memorial Educational Trust (Regd.) Kurukshetra SME 51259 Baljit Kumar Brijrani Educational Trust Lucknow SE 3C1260 Nova Educational Trust Lucknow SE 3B1261 Red Rose Senior Secondary School Lucknow SME 41262 Matha Memorial Education Trust Madurai SE 3B1263 Dr. M.V. Shetty Memorial Trust Mangalore SE 3B

Education

1264 Panchwati Education & Social Welfare Trust Meerut SME 41265 Shanti Educational Society Meerut SME 41266 Shree Krishna Shiksha Prasar Samiti Meerut SME 31267 Seva Sadan Mumbai SE 2B1268 Academy for Technical and Management Excellence Mysore SE 3C1269 SRK Memorial Educational Society Nalgonda SME 51270 The Nalgonda Educational Society Nalgonda SME 51271 Krantiveer Vasantrao Narayanrao

Naik Shikshan Prasarak Sanstha Nashik SME 41272 Saraswati Education Society Navi Mumbai SME 41273 All India Digamber Jain Society New Delhi SME 41274 J K Education Foundation New Delhi SME 41275 K D Education Trust New Delhi SME 41276 Mann Residency Pvt Ltd New Delhi SME 71277 Patronage Welfare and Educational Society New Delhi SME 41278 Pawan Ganga Educational Society New Delhi SME 31279 Roop Ram Educare Pvt Ltd New Delhi SME 71280 Vidya Laxmi Educational Trust New Delhi SME 51281 SSN Educational Society Ongole SME 21282 Gandhi Seva Sadan Charitable Trust Palakkad SME 41283 P. K. D. Trust Palakkad SE 2A1284 Delhi College of Technology and Management Palwal SME 31285 Garib Dass Shiksha Samiti Palwal SME 41286 Shri Bankey Bihari Educational Trust Palwal SME 21287 Lakshya Forum For Competitions Pvt Ltd Patiala SE 2B1288 Saankhya Educational Society Prakasam SME 51289 Raigarh Institute of Medical Science Pvt Ltd Raigarh SE 3B1290 Jan Pragati Education Society Raipur SE 3C1291 Manav Rachna Education Society Raipur SE 3C1292 S B A Education Society Raipur SE 3B1293 Shree Prahalad Ahuja Foundation Raipur SME 41294 Youth Foundation of India Rajnandgaon SE 3C1295 Kasegaon Education Society Sangli SME 41296 Maharaja Ranjit Singh Educational Society Sangrur SME 41297 Late. Smt. Vidyavanti Labhu Ram Foundation

For Science Research & Social Welfare Sri GanganagarSE 2C1298 Khyber Medical Institute Srinagar SME 41299 Leo Institute of Education Pvt Ltd Surat SE 3C1300 M. D. Institute for Information Technology Surat SE 3C1301 Sri Venkateswara Institute Of

Science And Information Technology Tadepalligudem SME 31302 Sasi Educational Institutes Tanuku SME 31303 Sasi Educational Society Tanuku SME 31304 Sreepathy Trust Thrissur SME 51305 Thilagam Selvaraj Educational Health & Charitable Trust Tiruchirapalli SE 3B1306 J. J. Educational Health & Charitable Trust Trichy SME 21307 Thousu Periyakkal Educational

Health And Charitable Trust Trichy SE 3B1308 Sri Shridevi Charitable Trust Tumkur SME 41309 Pacific Academy of Higher

Education and Research Society Udaipur SME 11310 Jawadhu Educational Trust Vellore SE 3A1311 S.K.P.V.V. Hindu High Schools Committee Vijayawada SME 41312 Sri Durga Malleswari Educational Society Vijayawada SME 3

1313 Ac Tech Control System Pvt Ltd Ahmedabad SE 2B1314 Adco Controls Ahmedabad SE 3C1315 Ashmor Electricals (India) Pvt Ltd Ahmedabad SE 2A1316 Ashoka Foods and Beverages Ahmedabad SE 3C1317 Power & Instrumentation (Gujarat) Ltd Ahmedabad SE 1B1318 Akash Precision Components Pvt Ltd Ahmednagar SE 2B1319 Hi-Tech Engineers Ahmednagar SE 2B1320 Krish Enterprises Ahmednagar SE 2B1321 Sonal Industries Allahabad SE 3C1322 Dhara Foods Pvt Ltd Anand SE 3B1323 Hi-Tech Electrification Engineers Pvt Ltd Ankleshwar SE 1B1324 Techno Electromech Pvt Ltd Ankleshwar SE 2C1325 Electromates Aurangabad SE 3B1326 Megha Electrical Services Aurangabad SE 2B1327 Suyog Transformers Pvt Ltd Aurangabad SE 3B1328 Acqua Systems Bangalore SE 3B1329 Adarsha Control Systems Pvt Ltd Bangalore SE 1B1330 Busbar Systems India Pvt Ltd Bangalore SE 1A1331 Haritasa Electronic Incorporation Bangalore SE 2B1332 Hi-Tech Air Power Pvt Ltd Bangalore SME 21333 Pace Electricals Pvt Ltd Bangalore SE 2B1334 Pagariya Food Products Pvt Ltd Bangalore SE 2B1335 Pavan Fabs Bangalore SE 3B

Electrical Equipments

Rating Assigned

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Rating Assigned

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13

CRISIL SME Connect

14

1336 Prakash Electrical Enterprises Bangalore SE 2B1337 Prakash Electricals Bangalore SE 2B1338 Rajasekhar and Associates Bangalore SE 3B1339 Samitan Electropowers Pvt Ltd Bangalore SE 2B1340 Shylendra Electronics Bangalore SE 3B1341 Solas Fire Safety Equipment Pvt Ltd Bangalore SME 41342 Sudarrshan Tech Services Bangalore SE 3B1343 Sun Shine Controls Bangalore SE 3B1344 Trishul Green Lights Bangalore SE 3B1345 Asian Power Transformers And Conductors Baramulla SE 3C1346 Ram Sarup Power Products Barnala SE 3C1347 Naresh Electronics Bhadrak SE 3C1348 Hariom Ingots & Power Pvt Ltd Bhilai SE 1B1349 Satyam (Fab) Industries Pvt Ltd Bhopal SE 1B1350 Swastik Energy System Pvt Ltd Bhubaneshwar SE 3C1351 Dhanlaxmi Engineers and Electricals Bijapur SE 3C1352 Chhattisgarh Power and Coal Benefication Ltd Bilaspur SE 2B1353 Pragati Instrumentation Pvt Ltd Bokaro SE 3C1354 Sales 'N' Service Calicut SE 2B1355 Electrophoto Equipments Pvt Ltd Chandigarh SME 41356 Arun Electrochemical Systems Pvt Ltd Chennai SE 3C1357 Aswin Fire System Pvt Ltd Chennai SE 3C1358 Boopathy Associates Pvt Ltd Chennai SE 2B1359 Coramandel Electronics Chennai SE 2B1360 G. M. Re - Rollers Chennai SE 2B1361 Huron Technologies Pvt Ltd Chennai SE 3C1362 Jove Multisystems Pvt Ltd Chennai SE 2C1363 Precision Cooling System Chennai SE 3B1364 Rasi Electrodes Ltd Chennai SE 1A1365 Sarayu Engineering Chennai SE 3B1366 Technokrats Chennai SE 3B1367 The White Light Group Chennai SE 2B1368 V. V. K. Electricals Chennai SE 3B1369 Voltech Infrastructure Pvt Ltd Chennai SE 2B1370 Adroit Power Systems India Pvt Ltd Coimbatore SE 3C1371 Aishwarya Enterprises Coimbatore SE 3B1372 Esskay Micro Ups Pvt Ltd Coimbatore SE 3C1373 Multi Crafts Cuttack SE 2B1374 Vardhman Industries Daman SE 3B1375 Yash Electrical Systems Dehradun SE 3A1376 Shri Ram Castech Pvt Ltd Faridabad SME 51377 Ashu Sales Pvt Ltd Ghaziabad SE 3B1378 Steel Smith Ghaziabad SE 3C1379 Sure Fire Power System Pvt Ltd Ghaziabad SE 2C1380 Pragati Electricals Gulbarga Dist. SE 3B1381 Modern Electronics Gurgaon SME 51382 Paltech Cooling Towers and Equipments Ltd Gurgaon SE 1B1383 Reiz Electrocontrols Pvt Ltd Gurgaon SME 41384 Saini Electricals Haridwar SE 3B1385 The Conventional Fastners Haridwar SE 3A1386 Uttaranchal Lighting Company Haridwar SE 2B1387 Dev Infocom Pvt Ltd Hisar SE 2B1388 S. S. Engineering Company Howrah SE 3B1389 SDS Power Digital System Pvt Ltd Howrah SE 3C1390 Maruti Electric Company Hubli SE 2B1391 Prime Elevators Hubli SE 3C1392 Jisnu Communications Ltd Hyderabad SE 3B1393 Maaksl Incandesce Equipments Pvt Ltd Hyderabad SE 3C1394 S. V. Traders Hyderabad SME 41395 Tool Grove Hyderabad SE 3B1396 Yalavarti Constructions Hyderabad SE 3B1397 Alpha Corporation Indore SE 3B1398 Electro Ads Indore SE 3C1399 K. V. Electricals Indore SE 3B1400 P. M. Enterprises Indore SE 3B1401 Saloni Electronics and Controls Indore SE 3C1402 Tarte Engineers Pvt Ltd Indore SE 3B1403 Technocrats Indore SE 3C1404 Test And Measurement Company Indore SE 3B1405 United Engineering Services Indore SE 3B1406 Perfect Insulating Wares Jabalpur SE 3B1407 Dileep Industries Pvt Ltd Jaipur SE 1B1408 Jai Shree Shyam Engineering Jaipur SE 3B1409 Kaler Electricals Pvt Ltd Jaipur SE 2C1410 Murti Metal Industries Jaipur SE 3B1411 Tirupati Electricals Jaipur SE 2B1412 Uttam (Bharat) Electricals Pvt Ltd Jaipur SE 1B1413 Chowdhary and Company Jalandhar SE 3B1414 J.K. Transformers & Switchgears Jammu SE 2C1415 Jaima Electricals Jammu SE 3B

1416 Khalsa Electric Co. Jammu SME 41417 Rupa Electric Systems Jamshedpur SE 3B1418 Suruchi Jeypore SME 41419 Singhi Cables & Conductors Pvt Ltd Jorhat SE 3B1420 R D S Enterprises Kala Amb SE 3B1421 Swaminathan Enterprises Pvt Ltd Kanchipuram SE 2B1422 Fabcon Engineers Kanpur SE 3B1423 R. S. Traders Kanpur SE 3B1424 Anuradha Enterprises Kasaragod(Ker.) SE 2B1425 Green Field Enterprises Kathua SE 2A1426 Power Control System Khanna SE 3C1427 Satkar Industries Khanna SE 3B1428 G.P Tronics Pvt Ltd Kolkata SE 1B1429 Indusree Kolkata SE 3B1430 Ishaani Electronics Pvt Ltd Kolkata SE 2B1431 Lynx Communications and Services Kolkata SE 3B1432 Micro Systems And Controls Kolkata SE 3B1433 Neha Power Tech (India) Pvt Ltd Kolkata SE 2B1434 Optimal Power Synergy India Pvt Ltd Kolkata SE 2B1435 Shahi Electric Engineering Co. Pvt Ltd Kolkata SE 3C1436 Durable Transformers Pvt Ltd Kotkapura SE 2C1437 Pioneer Power Engineers Ltd Lucknow SE 3B1438 Pramod Telecom Pvt Ltd Lucknow SE 2C1439 Alfacool Engineering Company Ludhiana SE 3C1440 Bharti Engineers Ludhiana SE 3C1441 Five Star Industries Ludhiana SE 3C1442 Har International Ludhiana SE 3C1443 Hindustan Metal Industries Ludhiana SE 3B1444 Joginder Electric Works Ludhiana SE 3C1445 Pandey Trading Company Ludhiana SE 3C1446 Sunrise Mek Welders Ludhiana SE 3B1447 Tripod India Ludhiana SE 3C1448 Zoramar Electric Tools Ludhiana SE 3B1449 Canara Lighting Industries Pvt Ltd Mangalore SE 1A1450 Pyro Electric Instruments Goa Pvt Ltd Mapusa SE 1A1451 Anushree Electrical Engineers Pvt Ltd Meerut SE 2C1452 Chadha Electricals Meerut SE 3B1453 Vidyasagar Himghar Pvt Ltd Midnapore SME 41454 International Switchgears Pvt Ltd Mohali SE 1B1455 Sack International Pvt Ltd Mohali SE 3C1456 A. Navinchandra Steels Ltd Mumbai SE 2C1457 Ace Electricals Mumbai SE 3B1458 AGIV (India) Pvt Ltd Mumbai SE 1B1459 Apt Controls and Appliances Pvt Ltd Mumbai SE 2C1460 Artemis Electricals Pvt Ltd Mumbai SE 3C1461 Benn Electricals Pvt Ltd Mumbai SE 3B1462 Canbara Industries Pvt Ltd Mumbai SE 1B1463 Classic Imports Pvt Ltd Mumbai SE 2A1464 Cornerstone Systems Pvt Ltd Mumbai SE 3B1465 Crest Electronet Mumbai SE 3B1466 E - Mac Infotech Pvt Ltd Mumbai SE 3C1467 Eastwest Engineering & Electronics Pvt Ltd Mumbai SE 3B1468 Electroforce (India) Pvt Ltd Mumbai SE 2C1469 Elite Electricals and Equipments Mumbai SE 3B1470 Everest Electricals Mumbai SE 2B1471 Evolute Solutions Pvt Ltd Mumbai SE 2B1472 FCG HI-Tech Pvt Ltd Mumbai SE 2B1473 High-Volt Electricals Pvt Ltd Mumbai SE 1B1474 Hitech Ultraviolet Pvt Ltd Mumbai SE 3B1475 Hyprecision Hydraulik Mumbai SE 1A1476 Infiniti Digitech Pvt Ltd Mumbai SE 3B1477 Kahan Controls Mumbai SE 3C1478 Khandelwal Insulations Pvt Ltd Mumbai SE 3B1479 Kranti Enterprise Mumbai SE 3B1480 M N Industries Pvt Ltd Mumbai SE 3B1481 Magnetic Metal Industries Mumbai SE 3B1482 McCom Industries (India) Pvt Ltd Mumbai SE 2B1483 Mini Electronic Industries Pvt Ltd Mumbai SE 3B1484 Monsher Fire Protection Systems Pvt Ltd Mumbai SE 1B1485 New Electricals Mumbai SE 3B1486 Nimh Technolinks Mumbai SE 3B1487 Nipa Commercial Corporation Mumbai SE 2C1488 PC Power Control Infraprojects Pvt Ltd Mumbai SE 3B1489 Prabhat Powertech Pvt Ltd Mumbai SE 2A1490 Prathamesh Instrumentation And Electricals Pvt Ltd Mumbai SE 3C1491 Pravin Electricals Pvt Ltd Mumbai SME 21492 Print - Rite Copysystems Pvt Ltd Mumbai SE 3C1493 Prolite Autoglo Ltd Mumbai SE 2B1494 Safe Power Industries Mumbai SE 3C1495 Sagar Engineering Works Mumbai SE 3B

Rating Assigned

SrNo Company City

Rating Assigned

SrNo Company City

GNKI MMA ARKETSF UNC

TOI

NB ETTER

YEARS

1496 Silicon Components Pvt Ltd Mumbai SE 2B1497 Smart I Electronics Systems Pvt Ltd Mumbai SE 3B1498 Sundev Appliances Ltd Mumbai SE 3B1499 Swastik Shopee Mumbai SE 3B1500 Tarun Traders Mumbai SE 3C1501 Techno Honey Systems Mumbai SE 2B1502 Technocrafts Switchgears Pvt Ltd Mumbai SE 2B1503 The Royal Electric Company Mumbai SE 3B1504 Track RF Link Pvt Ltd Mumbai SE 3B1505 Veedhi International Mumbai SE 2B1506 Visual Impact Mumbai SE 3C1507 Wetbulb Cooling Towers Pvt Ltd Mumbai SE 2B1508 Whirlybird Electronics Pvt Ltd Mumbai SE 3C1509 Allied Electricals and Industrial Agencies Nagpur SE 3B1510 Digitrons Nagpur SE 3B1511 Krishna Gangaa Enviro System Pvt Ltd Nagpur SE 3B1512 MRB Electronics Control System Nagpur SE 3B1513 Prudent Marketing Nagpur SE 2B1514 Akanksha Power and Infrastructure Pvt Ltd Nashik SE 2A1515 Ashirwad Industries and Security Systems Nashik SE 3B1516 Aspire Electronics Corporation Nashik SE 3B1517 Eagle Electronics (India) Pvt Ltd Nashik SE 2A1518 Entraco Power Systems Pvt Ltd Nashik SE 2B1519 Klasspack Pvt Ltd Nashik SE 2C1520 Om Engineering Works Nashik SE 3C1521 Param Controls Nashik SE 3B1522 Sivananda Electronics Nashik SME 21523 SW Metaform Pvt Ltd Nashik SE 2B1524 Swami Samarth Electronics Pvt Ltd Nashik SE 3C1525 TAS Powertek Pvt Ltd Nashik SE 3B1526 Vaibhav Engineers Pvt Ltd Nashik SE 2B1527 CTK Enterprises Pvt Ltd Navi Mumbai SE 3C1528 DPM Instruments Pvt Ltd Navi Mumbai SE 3B1529 Electro Care Agencies Navi Mumbai SE 2B1530 Escon Elevators Pvt Ltd Navi Mumbai SE 1B1531 Gadson Electronics Navi Mumbai SE 3B1532 Gangeshan Enterprises Navi Mumbai SE 2B1533 Geltron Systems Navi Mumbai SE 3C1534 Govik Electricals Pvt Ltd Navi Mumbai SME 11535 Green Power Solutions Navi Mumbai SE 3C1536 Neptunus Power Plant Services Pvt Ltd Navi Mumbai SE 2B1537 Refair Industries Navi Mumbai SE 2A1538 Saini Electrical & Engineering Works Navi Mumbai SE 2A1539 Saini Heavy Electricals and

Engineering Company Pvt Ltd Navi Mumbai SE 1B1540 Spectralab Instruments Pvt Ltd Navi Mumbai SE 3B1541 Ultra Electric Company India Pvt Ltd Navi Mumbai SE 3B1542 Unique Max Navi Mumbai SE 3C1543 ASA Industries New Delhi SE 3B1544 B. C. Power Controls Pvt Ltd New Delhi SE 2B1545 Chadha Power New Delhi SME 21546 H Q Lamps Manufacturing Company New Delhi SME 41547 India Exports Today New Delhi SE 3B1548 Insel Rectifiers India Pvt Ltd New Delhi SE 3B1549 Kay Dee Audiovisions Pvt Ltd New Delhi SE 2B1550 Kohinoor Enterprises New Delhi SE 2B1551 Northern Power Erectors Ltd New Delhi SE 2B1552 Quality Electrowire Industries Pvt Ltd New Delhi SME 31553 Servotech Power Systems Pvt Ltd New Delhi SE 1B1554 Sun Agrifresh Industries Pvt Ltd New Delhi SME 31555 Trinitron Control Systems Pvt Ltd New Delhi SE 2B1556 Tritronics India Pvt Ltd New Delhi SE 1C1557 Vedanta Electricals Pvt Ltd New Delhi SME 31558 Donex Industries Ltd Noida SE 2B1559 Jakson Power Pvt Ltd Noida SME 41560 Naac Energy Controls Pvt Ltd Noida SE 2B1561 Nitya Electrical Contractors Pvt Ltd Noida SE 1B1562 Safety Plus Power Ltd Noida SE 1B1563 Telecon Systems Noida SME 41564 Vardhman Industries Pali SE 3B1565 Rikken Instrumentation Ltd Panchkula SE 2B1566 Mex Switchgears Pvt Ltd Pathankot SE 1B1567 Astonish Engineering and Marketings Pune SE 3B1568 Baba Electricals Pune SE 2B1569 Bharati Erectors Pune SE 3B1570 Brazewell Engineers Pune SE 3B1571 Claritas Power System Solution Pvt Ltd Pune SE 2B1572 Climber Engineers Pune SE 3C1573 Crystal Peripherals and Systems Pvt Ltd Pune SE 3C1574 DNS Power Systems Pvt Ltd Pune SE 3B

1575 Eagle Electricals Pune SE 3B1576 Eklavya Ispat Udyog Pune SE 2C1577 Fernandes Electricals and Company Pvt Ltd Pune SE 3C1578 Fire Solution India Pvt Ltd Pune SE 3B1579 Global Power System Engineers Pune SE 3B1580 H. T. Switchgears Pune SE 2B1581 Infinity Engineering Company Pune SE 3B1582 Intelux Electronics Pvt Ltd Pune SE 3B1583 Jagruti Technical Services Pune SE 2B1584 Jaycee Technologies Pvt Ltd Pune SE 3A1585 Kailasganga Polymers Pvt Ltd Pune SE 3C1586 Kana Electromechs Pune SE 2A1587 Kaviri Electricals Pune SE 3B1588 Lectrotek Systems Pvt Ltd Pune SE 3B1589 Mahalaxmi Electromech Pvt Ltd Pune SE 2B1590 Megastar Engineering Pune SE 3B1591 Microset Instrumentation & Control Pune SE 3B1592 Namolectric Controls Pune SE 3C1593 Om Horizon Infrastructure Pune SE 2B1594 Perennial Technologies Pvt Ltd Pune SE 2B1595 Power Integration Pune SE 3B1596 Pristine Engineers Pvt Ltd Pune SE 1B1597 R. D. Electronics Pune SE 2C1598 Rajesh Electricals Pune SE 3B1599 Renake Sales And Services Pune SE 3C1600 S. N. Electrical Industries Pvt Ltd Pune SE 3C1601 S. P. Electricals Pune SE 3C1602 Sadhana Electricals Pune SE 3B1603 Santosh Fabricators Pune SE 3B1604 Shogini Technoarts Pvt Ltd Pune SME 41605 Shriya and Shrishti Associates Pune SE 3B1606 Siddhant Equipments Pvt Ltd Pune SE 3B1607 Sigma Power Control Systems Pvt Ltd Pune SE 2C1608 Swaki Electrical Pvt Ltd Pune SE 3B1609 Symtronics Automation Pvt Ltd Pune SE 2B1610 Tanishq Engineering Pune SE 3B1611 Tech-Mark Automation And Controls Pune SE 2B1612 Tox Pressotechnik India Pvt Ltd Pune SE 2B1613 Trans Electronics Pune SE 3B1614 Tricon Electricals Pune SE 3C1615 Triplex Electro Chem Pune SE 3B1616 Unique Labels Pvt Ltd Pune SE 3B1617 Urja Electronics Pune SE 3B1618 Veda Engineering Pvt Ltd Pune SE 3B1619 Vijayraj Fire Technologies Pvt Ltd Pune SE 3B1620 Young Industries Pune SE 2B1621 Durable Ceramics Pvt Ltd Punjab SE 2C1622 Star Rewinders & Electricals Raigad SE 3B1623 Chhattisgarh Aqua Pvt Ltd Raipur SE 2B1624 Deepak Electronics And Gift Corner Raipur SE 3C1625 Essel Projects Pvt Ltd Raipur SE 2B1626 KJSL Coal and Power Pvt Ltd Raipur SE 2B1627 N. R. Ispat and Power Pvt Ltd Raipur SE 1B1628 Super Global Ltd Raipur SE 2B1629 Energe Capacitors Pvt Ltd Rajapalayam SE 2B1630 Addison Cable Pvt Ltd Rajkot SE 3B1631 Ganga Electricals Rajkot SE 3C1632 Riddhi Electroplaters Rajkot SE 3B1633 Silicon Electricals Rajkot SE 3C1634 B.R. Agro Foods Pvt Ltd Rampur SE 2B1635 Anu Vidyut Roorkee SE 3A1636 Bhasin Trading Corporation Roorkee SE 3B1637 Saraswati Dynamics Pvt Ltd Roorkee SE 2A1638 Surendra Pencil Industries Pvt Ltd Saharanpur SE 3C1639 Sri Sowdeswari Tex Salem SE 3B1640 Precaution Electricals Sangli SE 2B1641 Quality Power Electrical Equipments Pvt Ltd Sangli SE 1A1642 Mohan Marketing Associates Secunderabad SE 3B1643 Premier Solar Systems Pvt Ltd Secunderabad SE 1A1644 Sagar Asia Pvt Ltd Secunderabad SE 2B1645 Shri Ganesh Enterprises Secunderabad SE 2B1646 New Choudhary Enterprises Sikar SE 2B1647 Fibro Laminations Silvassa SE 3B1648 Deepam Industries Sirsa SE 3B1649 P. S. Industries Sirsa SE 3B1650 The Coronation Arts Crafts Sivakasi SE 2B1651 Crony Electricals Surat SE 3B1652 Des Electro Mech Pvt Ltd Surat SE 2B1653 Dhruvi Enterprise Surat SE 2C1654 Dhruvi Enterprise Surat SE 3B

Rating Assigned

SrNo Company City

Rating Assigned

SrNo Company City

CRISIL SME Connect

15

16

1655 Empire Electricals Pvt Ltd Surat SE 3B1656 Hi - Tech Marketing Surat SE 1B1657 Jay Air Systems Pvt Ltd Surat SE 3B1658 Lunar Engineering Pvt Ltd Surat SE 2B1659 Mona Enterprise Surat SE 3B1660 REM Electromach Pvt Ltd Surat SE 3C1661 Riddhi Fan Surat SE 3C1662 Shreeji Electricals Surat SE 3B1663 Chaitanya Traders Tadepalligudem SE 3C1664 Deltron Electricals Thane SE 2B1665 Dtronic Systems Thane SE 3C1666 Guts Circuit Breakers Pvt Ltd Thane SE 3B1667 Miraj Instrumentation Services India Pvt Ltd Thane SE 2B1668 Multi - Tech Devices Thane SE 3B1669 Network Panels and Controls Thane SE 3C1670 Pragati Electronics Thane SE 3B1671 Rokade RotoTechniks Thane SE 3B1672 Samcon Industrial Controls Pvt Ltd Thane SE 2B1673 Solex Power Systems Pvt Ltd Thane SE 3C1674 Third Eye Research & Developers Pvt Ltd Thane SE 3C1675 Unique UV and Light Pvt Ltd Thane SE 3B1676 Aarthi Industries Tiruvallur SE 3B1677 Safeguard Lightings (India) Pvt Ltd Trivandrum SE 3B1678 Rockwell Engineering Company Udaipur SE 3B1679 Archit Electricals Pvt Ltd Vadodara SE 3C1680 Arrow Powertech Pvt Ltd Vadodara SE 2B1681 Arya Transformers Pvt Ltd Vadodara SE 2B1682 Divy Ref. Air Cond. & Engineering Vadodara SE 2C1683 Energy Distributors Vadodara SE 3B1684 Gujarat Plug In Devices Pvt Ltd Vadodara SE 2A1685 Hi-Mak Process Controls Vadodara SE 2A1686 NJA Industries Pvt Ltd Vadodara SE 2B1687 Nupros Inc. Vadodara SE 3B1688 Sai Auto-Tech Pvt Ltd Vadodara SE 3C1689 Sai Technologies Vadodara SE 3B1690 Shree Vardhaman Associates Vadodara SE 3B1691 Sumesh Petroleum Vadodara SE 3B1692 The Art's Vadodara SE 3C1693 Unisafe Services Vadodara SE 2B1694 Wearresist Technologies Pvt Ltd Vadodara SE 2B1695 Elcom Door Communication India Pvt Ltd Valsad SE 3A1696 Heat Cool Fin Industries Vapi SE 2B1697 Jatson Power Pvt Ltd Vapi SE 2B1698 Simatech Automation Vasai SE 3B1699 Brothers Engineering and Erectors Ltd Vijayawada SE 1B1700 Alpine Panels Pvt Ltd Visakhapatnam SME 31701 Breeze N Freeze Visakhapatnam SE 3B1702 Industrial Engineering Systems Visakhapatnam SE 3B1703 Modern Electrical Works Visakhapatnam SE 3B1704 Power Products Visakhapatnam SE 3C1705 Power Tech Engineering Services Visakhapatnam SE 3B1706 Sri Rama Marketing Visakhapatnam SE 2C1707 Sri Sai Power Engineers Visakhapatnam SE 3B1708 V. V. S. Enterprises Visakhapatnam SE 3B1709 Reckon Inverters Wardha SME 5

1710 Shree Ganesh Industries Adilabad SE 2B1711 ABC Brothers Ahmedabad SE 3B1712 Aeroflon Engineers Pvt Ltd Ahmedabad SE 3B1713 Aqua Machineries Pvt Ltd Ahmedabad SE 2B1714 B. Patel Infrastructure Pvt Ltd Ahmedabad SE 3C1715 Blossom Technocast Pvt Ltd Ahmedabad SE 3C1716 Central Engineering Works Ahmedabad SE 3C1717 Dhorajia Engineering Company Pvt Ltd Ahmedabad SE 3C1718 Efficient Engineers (I) Pvt Ltd Ahmedabad SE 2B1719 Endeavour Instrument Pvt Ltd Ahmedabad SE 1B1720 Faith Industries Pvt Ltd Ahmedabad SE 2B1721 Gajjar Compressors Pvt Ltd Ahmedabad SE 3B1722 Hi Tech Combustion Ahmedabad SE 3C1723 K. G. Corporation Ahmedabad SE 3B1724 Mahavir Castings Ltd Ahmedabad SE 1B1725 N. A. Corporation Ahmedabad SE 3B1726 NRB Cast Ahmedabad SE 3C1727 Panchal Machinery Ahmedabad SME 31728 Supersil Architectural Products Pvt Ltd Ahmedabad SE 3B1729 Wellbore Engineering Company Ahmedabad SE 2A1730 Zeus Engineering Ahmedabad SE 3B1731 Ace Components Ahmednagar SE 3C

Engineering

1732 Balaji Engineering Works Ahmednagar SE 3B1733 Kaizen Engineers Ahmednagar SE 2B1734 Muthiyan Castings Ahmednagar SE 3B1735 Pony Motors Ahmednagar SE 3B1736 Rushas Engineering Company Ltd Ahmednagar SE 2B1737 Sai Engineers & Machineries Pvt Ltd Ahmednagar SE 2B1738 Sai Equipments Pvt Ltd Ahmednagar SE 3C1739 Siddhi CNC Pvt Ltd Ahmednagar SE 1B1740 Siddhi Forge Pvt Ltd Ahmednagar SE 1B1741 Vertex Engineers Ahmednagar SE 3A1742 Urmil Technofab Ajmer SE 3B1743 Skipper Engineers Akola SE 2B1744 Aggarwal Castings Ambala SE 3B1745 CH Submersible Pumps & Motors Ambala SE 3C1746 Shivon International Ambala SE 3B1747 Hibson Enterprises Ambarnath SE 3C1748 National Engineering Works Andaman & NicobarSE 2B1749 Jagannath Corporation Projects Pvt Ltd Angul SE 1B1750 Wel Tech Engineers Angul SE 3C1751 Techno Forge Ltd Ankleshwar SE 1B1752 Aurangabad Auto Engineering Pvt Ltd Aurangabad SE 1B1753 Integrated Au