CRISIL has assigned a CRISIL IPO Grade “3/5″ (pronounced “three on five”) to the proposed initial public offer of Rural Electrification Corporation Limited (REC). This grade indicates that the fundamentals of the issue are average in relation to the other listed equity securities in India. However, this grade is not an opinion on whether the […]

CARE has assigned ‘CARE IPO Grade 2’ to the proposed initial public offer of Austral Coke & Projects Ltd, which indicates below average fundamentals.
Austral Coke plans an IPO of 100 lakh equity shares of face value Rs 10 each for which the price band is yet to be decided.
The grading is constrained by Austral […]

Wockhardt Hospitals Limited is planning to enter capital markets with an initial public offering (IPO) of 25,087,097 equity shares of Rs10 each for cash at a price to be determined through a 100% book building process. The company has filed draft red herring prospectus with market regulator the Securities & Exchange Board of India on […]

Proposed issue of 10,680,000 equity shares aims to raise Rs.3 billion to Rs.4 billion.
 
CRISIL has assigned its IPO Grade ‘3/5′ (pronounced ‘three on five’) to the proposed initial public offering of Vascon Engineers Ltd (VEL). The grade indicates that the fundamentals of the issue are ‘average’ in relation to the other listed equity securities in […]

Proposed issue of 6,226,600 equity shares, including greenshoe option, aims to raise Rs.2.5 to 2.75 billion.
 
CRISIL has assigned a CRISIL IPO Grade ‘2/5′ (pronounced ‘two on five’) to the proposed initial public offer of Prince Foundations Ltd (PFL). This grade indicates that the fundamentals of the issue are ‘below average’, in relation to other listed […]

CRISIL has assigned a IPO Grade “5/5″ to the proposed initial public offer of Acme Tele Power Ltd, which indicates that the fundamentals of the issue are strong.
Acme Tele Power plans a public issue of 1,72,83,580 equity shares of face value Rs 2 each priced in the range of Rs 800 to Rs 950 per […]

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 […]

Shriram EPC (SEPCL) proposes initial public offering (IPO) of 5 million equity shares at a price range of Rs 300-400 a share to raise Rs 1.5-2 billion.
Credit rating agency, CRISIL assigned a CRISIL IPO Grade 3/5 (pronounced three on five) to the proposed initial public offer of Shriram EPC (SEPCL). This grade indicates that the […]

Leading credit rating agency, ICRA assigned an IPO Grade 3 indicating average fundamentals, to the proposed initial public offering of Future Capital Holdings (FCH). FCH is proposing an initial public offering of 6.4 million shares of face value Rs 10 each, through the 100% book building route. The IPO proceeds will be primarily used to […]

ICRA has assigned IPO Grade 4, indicating above average fundamentals, to the proposed initial public offering of Reliance Power. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 poor. The IPO Grade 4 assigned by ICRA reflects the benefits of being a Reliance Anil […]