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Thursday, September 23, 2010

Cantabil Retail India Ltd. IPO had received an IPO Grade 2/5 from ICRA. This indicates that as per ICRA company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Cantabil Retail India Ltd is in the business of designing, manufacturing, branding and retailing of apparels. The IPO is open for subscription between Wednesday, September 22, 2010 and Monday, September 27, 2010

(Click here to download the ICRA IPO Grading Document for Cantabil Retail India Ltd. IPO)

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