Analysis and Insights into the world of IPOs and investing in India

Tuesday, December 7, 2010

Ravikumar Distilleries IPO Rating

CARE has assigned an IPO Grade 2/5 to the upcoming IPO of Ravikumar Distilleries Ltd. IPO, which would open for subscription from Wednesday, December 8, 2010.

CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals. An IPO Grade 2/5 from CARE implies that as per CARE, the company has 'Below Average Fundamentals'

Ravikumar Distilleries Ltd (RKDL) is in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products
Share:

0 comments:

Post a Comment

Blog Archive