November 19, 2007 at 8:50 pm · Filed under IPO Grades
RJL is in the business of manufacturing studded gold, platinum and silver jewellery using polished diamonds, precious and other semiprecious coloured stones. Its product portfolio includes rings, earrings, pendants, bracelets, necklaces etc. In FY06, the company added bridal jewellery and gemstone jewellery to its product portfolio.
The company has recently opened up retail stores in India […]
November 15, 2007 at 2:03 pm · Filed under IPO Grades
ECL, promoted by Mr. Rashesh Shah and Mr. Venkatchalam Ramaswamy, was incorporated as a public limited company on November 11, 1995. It has a merchant banking licence from the Securities and Exchange Board of India (SEBI). As of March 2007, the company was predominantly engaged in institutional equities broking, investment banking and proprietary arbitrage trading […]
November 14, 2007 at 12:06 pm · Filed under IPO Grading Updates
CARE has assigned `CARE IPO Grade 3` to the initial public offer of Cords Cable Industries Ltd. The grade indicates “Average Fundamentals”. Cords Cable is planning an IPO of 35 lakh equity shares of Rs 10 face value.
The grading reflects vast experience of Cords Cable’s promoters and management in the cable industry, consistent track record […]
November 7, 2007 at 7:36 pm · Filed under IPO Grading Updates
ICRA has assigned an IPO Grade 3,indicating average fundamentals, to the proposed IPO of BGR Energy Systems Limited (BGR). ICRA assigns IPO gradings on a scale of IPO Grade 5 through to IPO Grade 1,with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. IPO Grade 3 represents average fundamentals.
The IPO Grade 3 […]
November 7, 2007 at 4:39 pm · Filed under IPO Grading Updates
CRISIL has assigned a CRISIL IPO Grade “4/5″ (pronounced “four on five”) to the proposed initial public offer of OnMobile Global Ltd. (OGL). This grade indicates that the fundamentals of the issue are above average relative to other listed equity securities in India.
The grading reflects OGL’s position as the largest player in the mobile value-added […]
November 6, 2007 at 4:40 pm · Filed under IPO Grading Updates
CRISIL has assigned a CRISIL IPO Grade ‘3/5′ (pronounced ‘three on five’) to the proposed initial public offer of Tecpro Systems Ltd (TSL). This grade indicates that the fundamentals of the issue are average, in relation to other listed equity securities in India.
The grading reflects the sound operational and strategic abilities of TSL’s promoters in […]
November 5, 2007 at 4:43 pm · Filed under IPO Grading Updates
CRISIL has assigned a CRISIL IPO Grade ‘3/5′ (pronounced ‘three on five’) to the proposed initial public offer of eClerx Services Ltd (ESL). This grade indicates that the fundamentals of the issue are average, in relation to other listed equity securities in India.
The grading reflects management’s ability to get contracts from large global clients in […]