CRISIL assigned 4/5 grading to Reliance Power IPOCredit rating agency CRISIL has assigned IPO grade ‘4/5′ to the proposed initial public offer of Reliance Power indicating that the fundamentals of the issue are above average. Reliance Power proposes to come out with a public issue of 26 crore equity shares of face value Rs 10 and plans to raise Rs 10,500-11,500 crore. ICRA Assigns Grade 2 to J.Kumar Infraprojects Limited IPOICRA has assigned an IPO Grade 2, indicating below average fundamentals, to the proposed IPO of J.Kumar Infraprojects Limited (JKIL). ICRA assigns IPO gradings on a scale of IPO Grade 5 to IPO Grade 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. CARE assigned Grade 3 to Tulsi Extrusions Limited IPOCARE has assigned ‘CARE IPO Grade 3’ to the proposed IPO (Initial Public Offer) of Tulsi Extrusions Limited (TEL). CARE IPO Grade 3 indicates average fundamentals. CARE assigns IPO grades on a scale of Grade 5 to Grade 1, with Grade 5 indicating strong ICRA Assigns Grade 3 to Brigade Enterprises Limited IPOICRA has assigned IPO Grade 3, indicating average fundamentals, to the proposed initial public offering of Brigade CRISIL grade 3/5 for KNR Constructions Ltd IPOCRISIL has assigned a CRISIL IPO Grade ‘3/5′ (pronounced ‘three on five’) to the proposed initial public offer of KNR Constructions Ltd (KNRCL). This grade indicates that the fundamentals of the issue are average, in relation to other listed equity securities in India. CRISIL assigned grade 4/5 to Persistent Systems Ltd IPOCRISIL has assigned a CRISIL IPO Grade ‘4/5′ (pronounced ‘four on five’) to the proposed public offer of Persistent Systems Ltd (PSL). This grade indicates that the fundamentals of the issue are above average, in relation to other listed equity securities in India. CARE assigns Grade 3 to Cords Cable Industries IPOCARE 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. ICRA assigns Grade 3 for BGR Energy Systems Limited IPOICRA 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. CRISIL assigned grade 4/5 to OnMobile IPOCRISIL 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. CRISIL assigned grade 3/5 to Tecpro Systems IPOCRISIL 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. |
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