Acuité Ratings & Research Limited (Erstwhile SMERA Ratings Limited)

Acuité Ratings & Research Ltd., set up in 2005, is a Credit Rating and Research Company and is a joint initiative of SIDBI, along with leading public, foreign and private sector banks and Dun & Bradstreet Information Services India Private Limited (D&B) to provide comprehensive, transparent and reliable ratings and risk profiling.

Registered with the Securities and Exchange Board of India (SEBI) and accredited by Reserve Bank of India (RBI), Acuité has completed more than 7000 credit ratings (as on November 30, 2018) to various securities, debt instruments and bank facilities of entities spread across industries in India. Achieving this feat within 5 years of establishing, the bond and bank loan rating business reflects the trust of Indian lenders and investors on our actionable, independent and unbiased opinion.

For rating SMEs, Acuité has a separate division known as SMERA. As on November 30, 2018, this division has completed more than 50,000 ratings of SMEs across 300+ SME clusters across the country. SMERA was incorporated as part of an initiative of Ministry of Finance (GOI) and Reserve Bank of India (RBI), to facilitate growth of the MSMEs sector though dissemination of reliable credit information and ratings of such enterprises.

Acuité employs a rich mix of professionals which includes MBA’s, CAs, CFAs, FRMs, Economists, Statisticians and Engineers. Acuité has its Registered and Head Office in Mumbai and branches at 9 cities.

Additionally, Acuité conducts incisive research on various industries and Indian economy. Acuité’s opinion on crucial economic events, impact analysis and views and outlook on performance of various sectors are used by corporate India in taking more informed business decisions. Acuité covers industries ranging from aviation, to banking, cement, dairy, education, garment, hotel, IT & ITES, jewellery, leather, manufacturing, oil & gas, power, QSR, Steel, telecom and many more.

In line with its name Acuité, meaning sharpness of thoughts and vision, it empowers the capital market participants viz. investors, issuers or lenders, to make knowledge backed decisions.

Key Milestones


For more details visit