Unaccepted Ratings

List of Unaccepted Ratings (As on 17-July-2025)

Name of issuer
Sector
Name/type of instrument
Size (Rs. Million )
Date of Non- acceptance
Listing Status
Rating and outlook
Provisional Step And Document
Whether The Rating Was Accepted By The Issuer,Subse Quent To The Non Accepted Ratings Disclosure? (Yes/No)
Date Of Subsequent Acceptance Of Final Rating Assigned
Final Rating Accepted By Issuer
Whether The Issuer Requested For A Review/Appeal Subsequent To Disclosure Of Unaccepted Rating?
Whether Review/Appeal Of The Disclosed UnAccepted Rating Was Granted By CRA
Equirus Securities Private Limited
Stock Brokers
Issuer Rating
.00
28 Dec 2024
Unlisted
CARE BBB+; Stable
GNRC Limited
Human health and social work activities
Bank Facilities
1110.00
28 Dec 2024
Listed
CARE BBB-; Stable / CARE A3
Krishiv Auto Agencies Private Limited
Auto
Bank Facilities
1000.00
28 Dec 2024
Unlisted
CARE BB; Stable / CARE A4
Yes
11 Jun 2025
CARE BB; Stable / CARE A4
No
NA
Metarolls Ispat Private Limited
Iron and Steel
Issuer Rating
.00
28 Dec 2024
Unlisted
CARE A-; Stable
RAYZON SOLAR PRIVATE LIMITED
Electrical Equipment
Bank Facilities
400.00
28 Dec 2024
Unlisted
CARE BBB+; Stable / CARE A2
Sada Reality
Real Estate activites
Bank Facilities
750.00
28 Dec 2024
Unlisted
CARE D
Shital Ispat Private Limited
Iron and Steel
Bank Facilities
1000.00
28 Dec 2024
Unlisted
CARE BB-; Stable / CARE A4
Steelsmith Continental Manufacturing Private Limited
Iron and Steel
Bank Facilities
805.70
28 Dec 2024
Unlisted
CARE BBB-; Stable / CARE A3
Yes
01 Jan 2025
CARE BBB; Stable / CARE A3+
Yes
Yes
Trio Solar Private Limited
Electricity - Generation
Bank Facilities
230.00
28 Dec 2024
Unlisted
CARE B+; Stable
Enerture Technologies Private Limited
Electricity - Generation
Bank Facilities
500.00
27 Dec 2024
Unlisted
CARE BB+; Stable
Jaideepraj Infrastructure Private Limited
Construction
Issuer Rating
.00
27 Dec 2024
Unlisted
CARE BB+; Stable
Shree Mahasagar Impex Private Limited
Agriculture, forestry and fishing
Bank Facilities
800.00
27 Dec 2024
Unlisted
CARE BB+; Stable / CARE A4+
Foram Exim LLP
Food and food products
Bank Facilities
50.00
26 Dec 2024
Unlisted
CARE BB+; Stable / CARE A4
Progressive Transit Private Limited
Other manufacturing
Bank Facilities
1065.00
26 Dec 2024
Unlisted
CARE BB+; Stable
Yes
24 Mar 2025
CARE BB+; Stable
Yes
Yes
Vindhyachal Distilleries Private Limited
Hospitality
Bank Facilities
474.80
26 Dec 2024
Unlisted
CARE BBB-; Stable / CARE A3