Tarapur Transformers IPO Rating from CRISIL - Indian IPO Blog

Monday, April 26, 2010

Tarapur Transformers IPO Rating from CRISIL

Credit Rating Agency CRISIL has assigned an IPO Grade 1 to Tarapur Transformers IPO. This implies that as per CRISIL, the company has 'Poor Fundamentals'. CRISIL assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Tarapur Transformers Ltd., an ISO 9001:2000 certified company, was established in 1988 and is currently engaged in the business of manufacturing, rehabilitation, up-gradation, and refurbishment of transformers ranging from power & distribution transformer, Rectifier Transformer, Furnace Duty Transformer, Electric Locomotive Transformer, Electric Traction substation Transformer, Dry type transformer, Potential Transformer, Special purpose transformers

Comfort Securities Pvt. Ltd. is the Book Running Lead Manager and Bigshare Services Pvt. Ltd. is the Registrar to the Issue

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