Infomerics
Infomerics Valuation and Rating Limited is a Mumbai-based, SEBI-registered Indian credit rating agency that assigns IVR-scale ratings to bank facilities, NCDs, commercial paper, and bonds for mid-market and smaller corporate borrowers across sectors including logistics, renewable energy, NBFCs, and manufacturing.
- Company typePrivate
- Founded2015
- HeadquartersMumbai, India
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Infomerics does
Infomerics Valuation and Rating Limited (also operating as Infomerics Ratings) is a privately held, Mumbai-based credit rating agency founded in 2015 and registered with SEBI. The firm provides independent credit ratings for bank facilities, non-convertible debentures (NCDs), commercial paper, and bond instruments, assigning designations on its proprietary "IVR" scale (e.g., IVR A-, IVR BBB+, IVR AA, IVR A1+). It is recognized by the RBI as an External Credit Assessment Institution (ECAI), meaning Indian banks can use its ratings for regulatory capital calculations.
The agency serves corporate borrowers and issuers across diversified Indian sectors — including logistics, renewable energy, non-banking finance companies, and steel manufacturing — with a particular focus on mid-market and smaller borrowers that may be underserved by the larger incumbents (CRISIL, ICRA, CARE). Its revenue model is professional services-based: issuers pay an initial rating fee plus recurring annual surveillance/monitoring fees, with pricing negotiated on a per-issuer basis. Distribution occurs through regulatory filings, BSE/NSE stock exchange announcements, press releases, and direct outreach.
Infomerics operates with 101-250 employees, a single-country footprint (India), no disclosed subsidiaries, no M&A activity, and no external funding rounds. The firm is classified alongside Brickwork Ratings, Acuite, and Acer as a smaller Indian rating agency — a tier that faces structural pressure from RBI's framework tying bank capital requirements to rating agency default track records, while also having an opportunity to capture share from issuers priced out of or overlooked by the dominant top-three agencies.
Infomerics firmographics
Firmographics- Name
- Infomerics
- Legal name
- Infomerics Valuation and Rating Limited
- Website
- https://infomerics.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Infomerics Valuation and Rating Limited is a Mumbai-based, SEBI-registered Indian credit rating agency that assigns IVR-scale ratings to bank facilities, NCDs, commercial paper, and bonds for mid-market and smaller corporate borrowers across sectors including logistics, renewable energy, NBFCs, and manufacturing.
- Ownership category
- akta.pro rank
Infomerics industry classification
Industry- Product category
- Credit Rating Services
- NAICS
- Activities Related to Credit Intermediation (5223)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Structured Finance Ratings & Surveillance (FSACACAI)
- akta.pro secondary industry
- Investment-Grade Corporate Credit (FSAAAHAB)
Keywords
Where Infomerics is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
Infomerics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Credit Rating Services: Infomerics generates revenue by providing credit ratings for corporate borrowers. Rating agencies typically charge issuers an initial rating fee and annual surveillance/monitoring fees to maintain ratings.
Distribution channels1 record
Infomerics product offering
Product offeringCore offering
Infomerics is a SEBI-registered credit rating agency that provides independent credit ratings for bank facilities, non-convertible debentures, commercial papers, and bond instruments issued by corporate borrowers. The firm assigns rating symbols such as IVR A-, IVR A2+, IVR BBB+, IVR AA, and IVR A1+, and is recognized by the RBI as an External Credit Assessment Institution (ECAI) for regulatory capital calculations. It also conducts ongoing surveillance and monitoring of rated entities.
Product overview
Infomerics Valuation and Rating Limited is a credit rating agency in India that provides credit rating services for bank facilities, non-convertible debentures, commercial papers, and bond instruments. The company assigns credit ratings to assess the creditworthiness of borrowers and has rated facilities aggregating various amounts for different clients including Tiger Logistics (₹45 crore), Sterling and Wilson Renewable Energy (₹6,465.21 crore), VMS TMT Limited (₹273.93 crore), and Paisalo Digital (₹4,500 crore long-term facilities and ₹559 crore NCDs).
Differentiator
Problem solved
Functional benefit
Products and services
- Credit Rating Services
Companies that use Infomerics
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
Infomerics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Infomerics partnerships and signals
Strategic signalScale indicators2 records
Recent moves1 record
Expansion highlights4 records
Infomerics competitors and assessment
Company assessmentDirect peers
- Brickwork Ratings: Direct Indian peer explicitly grouped with Infomerics as a 'smaller' SEBI-registered rating agency serving similar mid-market and MSME issuers.
- CRISIL Ratings: India's largest SEBI-registered credit rating agency offering identical rating services for bank loans, bonds, NCDs, and CPs, competing head-to-head with Infomerics for the same Indian issuer mandates.
- ICRA Limited: Second major Indian credit rating agency (NBFC-subsidiary of Moody's). Directly comparable to Infomerics in providing ratings on Indian corporate debt instruments and bank facilities.
- CARE Ratings: Third top-tier Indian rating agency providing credit ratings on bank facilities, bonds, and structured instruments. Cited alongside CRISIL and ICRA as one of the dominant rating agencies Infomerics competes with.
- Acuité Ratings & Research: SEBI-registered Indian rating agency also classified in the 'smaller agency' cohort with Infomerics. Notable co-rating partner—jointly rated Capri Global's ₹500 crore bond with Infomerics.
- India Ratings and Research: Fitch's Indian arm and SEBI-registered credit rating agency providing identical rating services for Indian corporate and structured debt.
- Acer Ratings: Indian SEBI-registered credit rating agency explicitly grouped with Infomerics in the 'smaller' agency cohort, competing for the same mid-market issuer mandates.
Broad incumbents
- S&P Global Ratings: Global rating agency offering identical rating products. Comparable to Infomerics at the product level but operates globally with broader product portfolio and brand recognition.
- Moody's Investors Service: Global rating agency providing the same core credit rating services as Infomerics. Connected to Indian market indirectly through ICRA, but competes on global/cross-border Indian issuer mandates.
- Fitch Ratings: Global credit rating agency competing for the same corporate, financial institution, and structured finance ratings business as Infomerics on cross-border Indian issuers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Infomerics social profiles
Digital presenceInfomerics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Infomerics leadership team
Management profileNumber of profiles
Profiles1 record
Infomerics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Infomerics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Infomerics
What does Infomerics do?
Infomerics is a SEBI-registered credit rating agency that provides independent credit ratings for bank facilities, non-convertible debentures, commercial papers, and bond instruments issued by corporate borrowers. The firm assigns rating symbols such as IVR A-, IVR A2+, IVR BBB+, IVR AA, and IVR A1+, and is recognized by the RBI as an External Credit Assessment Institution (ECAI) for regulatory capital calculations. It also conducts ongoing surveillance and monitoring of rated entities.
Is Infomerics a public or private company?
Infomerics is a private company. It is classified as unknown and is currently operating.
When was Infomerics founded?
Infomerics was founded in 2015. It employs 101 to 250 people.
Where is Infomerics based?
Infomerics is headquartered in Mumbai, India, in the Asia region.
How does Infomerics make money?
One revenue line is on record: credit Rating Services.
Who are Infomerics's main competitors?
Direct peers on record are Brickwork Ratings, CRISIL Ratings, ICRA Limited, CARE Ratings, Acuité Ratings & Research, India Ratings and Research and Acer Ratings. Broad incumbents are S&P Global Ratings, Moody's Investors Service and Fitch Ratings.
Does Infomerics have an API?
No public API is recorded for Infomerics.
What industry is Infomerics in?
Infomerics's product category is Credit Rating Services. Its primary akta.pro industry code is FSACACAI, Structured Finance Ratings & Surveillance, with a secondary code of FSAAAHAB, Investment-Grade Corporate Credit. Its NAICS code is 5223 and its SIC code is 6159.