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Thursday, January 6, 2011

Endurance Technologies IPO gets IPO Grade 3 from CRISIL

The proposed IPO of Endurance Technologies Ltd. has been assigned an IPO Grade 3/5 by credit rating agency CRISIL. The grade indicates that the fundamentals of the IPO are average relative to other listed equity securities in India

CRISIL assigns IPO Grades 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

Stay tuned to Indian IPO Blog for the latest updates on Endurance Technologies IPO!


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