Grading of Initial Public Offerings (IPOs) is a service aimed at facilitating assessment of equity issues offered to the public. The Grade assigned to any individual IPO is a symbolic representation of rating agency’s assessment of “fundamentals” of the issuer concerned relative to other listed securities.
IPO Grades are assigned on a five-point point scale, where […]

An investor in a hitherto unlisted company may either have limited access to information on it, or may find it challenging to appropriately assess, on the basis of the information available, its business prospects and risks. An IPO Grade provides an additional input to investors, in arriving at an investment decision based on independent and […]

The emphasis of the IPO Grading exercise is on evaluating the prospects of the industry in which the company operates , its competitive strengths that would allow it to address the risks inherent in the business(es) and effectively capitalise on the opportunities available as well as the company’s financial position.
In case the IPO proceeds are […]

The assigned grade would be a one time assessment done at the time of the IPO and meant to aid investors who are interested in investing in the IPO.
While the grading itself is valid for a period of 6 months from the date of issuance, the grading letter will have a validity of 2 months […]

OGL is the largest mobile VAS provider in the Indian market. The company was promoted by two first generation entrepreneurs - Mr Arvind Rao, and Mr Chandramouli Janakiraman. The company was originally incorporated as Onscan Technologies India Pvt Ltd in September 2000 by its promoter OnMobile Systems Inc (OMSI). OMSI itself was an incubated start-up […]

Public issue of 7,874,570 equity shares of face value Rs 10 targeting an issue size in the range of Rs 1,500-Rs 1,750 million.
KNRCL is engaged in the business of providing engineering, procurement and construction services in the transportation sector, namely, roads and highways, irrigation and urban water infrastructure management. Roads and highways is the key […]

Cords Cable Industries, a leading ISO 9001-2000 certified specialised cable manufacturer for variety of industries, will enter the capital market with an initial public offering (IPO) of 30,85,000 equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process.
The issue will open for subscription on January 21, […]

Mr. Jagdishkumar M Gupta, the current chairman of the company,set up a proprietorship concern in 1980 namely, J. Kumar & Co., which started operations with maintenance of PWD buildings. It subsequently got registered with Public Works Department, Government of Maharashtra as a Class IA Civil Contractor. Thereafter, J. Kumar & Co. has been executing civil […]

CRISIL has assigned CRISIL IPO Grade “3/5″ to the proposed initial public offering of V-Guard Industries Ltd, which indicates the fundamentals of the issue are average in relation to the other listed equity securities in India.
The company plans a public issue of 80,00,000 equity shares of face value Rs 10 at a targeted issue size […]

Proposed public issue of 260 million equity shares of face value Rs 10 targeted at an issue size in the range of INR 105 to 115 billion.
Reliance Power Ltd. is a part of the Reliance ADA Group and has been established with the objective to develop, construct and operate power projects both domestically and internationally.
RPower […]