IL&FS Transportation IPO | IPO Rating from Fitch - Indian IPO Blog

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Wednesday, March 10, 2010

IL&FS Transportation IPO | IPO Rating from Fitch

Credit Rating Agency Fitch has assigned a grade of 'IPO Grade 4' out of a maximum of 'IPO Grade 5' to the proposed Initial Public Offer of IL & FS Transportation Networks Limited (ITNL). The grade indicates the above-average fundamentals of the issue,
relative to other listed equity securities in India

IL&FS Transportation Networks Ltd. (ITNL) is an established ISO 9000:2001 surface transportation infrastructure company, and is one of the largest private sector BOT road operators in India. ITNL is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance

IL&FS Transportation Networks IPO will remain open between Thursday, March 11, 2010 and Monday, March 15, 2010

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