CARE assigns ‘A+’ and ‘PR1’ rating to the Bank Facilities and CP Programme of Essar Shipping, Ports & Logistics Ltd.     CARE assigns ‘A’ rating to the Bank Facilities & Bond issue of West Bengal State Electricity Transmission Co. Ltd.     CARE assigns ‘A-’ and ‘PR2+’ ratings to the Bank Facilities of Savex Computers Ltd.     CARE assigns ‘AA-’ rating to the Bank Facilities of Mercator Lines (Singapore) Ltd.     CARE assigns ‘PR1+(SO)’ rating to the Bank Facilities of Mercator Offshore Ltd.     CARE assigns ‘BBB’ & ‘PR3’ ratings to Bank Loan Facilities of Maithan Ceramic Ltd.     CARE assigns ‘AA- (SO)’ rating to the Bank Facilities of Aditya Birla Telecom Ltd.     CARE reaffirms ratings assigned to the Bank Facilities of Idea Cellular Ltd.     CARE reaffirms ratings assigned to the Bank Facilities of Maharashtra State Power Generation Co. Ltd     CARE assigns ‘BBB+’ and ‘PR2’ ratings to the Bank Facilities of Energy Development Co. Ltd.    
   

 
Ratings for IPO Grading Sector:

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Last Updated Wednesday, January 30, 2008

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Name of issuer Instrument O/s Amount Rating
top
Aishwarya Telecom Ltd.
IPO Grading -- CARE IPO Grade 2
AMD Metplast Ltd.
IPO Grading -- CARE IPO Grade 3
top
Bang Overseas Ltd.
IPO Grading -- CARE IPO Grade 2
Bhagwati Banquets & Hotels Ltd.
IPO Grading -- CARE IPO Grade 2
Brahamputra Consortium Ltd.
IPO Grading -- CARE IPO Grade 1
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Cambridge Technology Enterprise Ltd.
IPO Grading -- CARE IPO Grade 2
Celestial Labs Ltd.
IPO Grading -- CARE IPO Grade 1
Central Bank of India
IPO Grading -- CARE IPO Grade 4
Cords Cable Industries Ltd.
IPO Grading -- CARE IPO Grade 3
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Elysium Pharmaceuticals Ltd.
IPO Grading -- CARE IPO Grade 1
Empee Distilleries Ltd.
IPO Grading -- CARE IPO Grade 3
Evinix Accessories Ltd.
IPO Grading -- CARE IPO Grade 2
top
Globus Spirits Ltd.
IPO Grading -- CARE IPO Grade 3
top
JAS Toll Road Company Ltd.
IPO Grading -- CARE IPO Grade 3
Jyothy Laboratories Ltd.
IPO Grading -- CARE IPO Grade 4
top
Kamyani Patients Care (India) Ltd.
IPO Grading -- CARE IPO Grade 1
top
Niraj Cement Structurals Ltd.
IPO Grading -- CARE IPO Grade 1
top
Orbit Corporation Ltd.
IPO Grading -- CARE IPO Grade 1
top
Porwal Auto Components Ltd.
IPO Grading -- CARE IPO Grade 3
top
Ramsarup Lohh Udyog Limited
IPO Grading -- CARE IPO Grade 2
top
Somi Conveyor Beltings Ltd.
IPO Grading -- CARE IPO Grade 2
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Transformers & Rectifiers (India) Ltd.
IPO Grading -- CARE IPO Grade 4
Tulsi Extrusions Ltd.
IPO Grading -- CARE IPO Grade 3

Last Updated Wednesday, January 30, 2008

Amount in Million Rs.

# - Rating Withdrawn, @ - Credit Watch, $ - Rating not in use, % - Instrument redeemed,

& - Rating suspended due to non-submission of information by the Company

* - In Principle rating subject to compliance to stipulated conditions
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