CRISIL Rating for DB Realty Ltd. IPO - Indian IPO Blog

Sunday, January 31, 2010

CRISIL Rating for DB Realty Ltd. IPO

DB Realty IPO has been assigned an IPO Grade 2 by Credit Rating Agency CRISIL. An IPO Grade 2 from CRISIL indicates that as per CRISIL, the company has Below Average Fundamentals

CRISIL assigns IPO gradings on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. Click here to download the CRISIL IPO Grading Document for DB Realty Limited!

DB Realty Limited (DBRL) is a real estate development company focusing on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment in and around Mumbai. The IPO would remain open till Tuesday, February 2, 2010

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