The credit rating agency CARE has assigned CARE IPO Grade 3 to the proposed IPO of Pipavav Shipyard Ltd. CARE IPO Grade 3 indicates Average Fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.
Pipavav Shipyard Limited is coming up with an Initial Public Offer (IPO) of about 86,850,000 Equity Shares, each having a Face value of Rs. 10/-
More posts on Pipavav Shipyard IPO:
> Pipavav Shipyard IPO Bid Lot
> Pipavav Shipyard IPO Details
> Pipavav Shipyard IPO opens from September 16, 2009
Tuesday, September 15, 2009
Pipavav Shipyard IPO assigned CARE IPO Grade 3
Tags
# CARE Ratings
# IPO Details
# IPO Grade
# IPO in 2009
# IPO in September 2009
# IPO News
# IPO Ratings
# IPO Updates
# Pipavav Shipyard IPO
# Pipavav Shipyard Ltd. IPO
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