Unaccepted Ratings

List of Unaccepted Ratings (As on 01-May-2026)

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
Alkon Plastics Private Limited
Diversified
Bank Facilities
500.00
30 Apr 2026
Unlisted
CARE BB+; Stable / CARE A4+
Daga Global Chemicals Private Limited
Chemicals and chemical products
Bank Facilities
1500.00
30 Apr 2026
Unlisted
CARE BB; Stable / CARE A4
Excelsoft Technologies Limited
Information Technology & ITes (IT Enabled Service
Issuer Rating
.00
30 Apr 2026
Listed
CARE BBB; Stable
High Spirit Commercial Ventures Private Limited
Leather and related products
Bank Facilities
840.00
30 Apr 2026
Unlisted
CARE BB+; Stable / CARE A4+
INDO NUCLEAR ENERGY PRIVATE LIMITED
Chemicals and chemical products
Bank Facilities
1227.20
30 Apr 2026
Unlisted
CARE BB+; Stable / CARE A4+
JD Cables Limited
Electrical Equipment
Bank Facilities
580.00
30 Apr 2026
Unlisted
CARE BB+; Stable
Metrochem API Private Limited
Pharmaceuticals
Bank Facilities
2000.00
30 Apr 2026
Unlisted
CARE BBB-; Stable / CARE A3
Naitik Industries
Electrical Equipment
Bank Facilities
400.00
30 Apr 2026
Unlisted
CARE BB-; Stable / CARE A4
Navsarjan Power Infra LLP
Electrical Equipment
Bank Facilities
1000.00
30 Apr 2026
Unlisted
CARE BB-; Stable / CARE A4
Patel Engineering Limited
Construction
Non Convertible Debentures
1000.00
30 Apr 2026
Unlisted
CARE A-; Stable
QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED
Administrative and support service activities
Bank Facilities
655.00
30 Apr 2026
Unlisted
CARE BB+; Stable / CARE A4+
Ravi Foods Private Limited
Food and food products
Bank Facilities
1250.00
30 Apr 2026
Unlisted
CARE A; Stable / CARE A1
Sarthak Industries
Electrical Equipment
Bank Facilities
1000.00
30 Apr 2026
Unlisted
CARE BB-; Stable / CARE A4
SRSM Concab Private Limited
Electrical Equipment
Bank Facilities
1500.00
30 Apr 2026
Unlisted
CARE BB-; Stable / CARE A4
SVA Infrafab Private Limited
Electrical Equipment
Bank Facilities
1450.00
30 Apr 2026
Unlisted
CARE BB-; Stable / CARE A4