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Saturday, March 5, 2011

CRISIL has assigned an IPO Grade 3/5 to the proposed Initial Public Offer (IPO) of PTC India Financial Services Limited (PFS). 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

PTC India Financial Services Limited (PFS) is a subsidary of PTC India and is a systematically important non-deposit taking NBFC engaged in the business of making equity investments, providing debt financing, carbon credit financing, fee-based syndication and advisory services exclusively to the power sector

Stay tuned for IPO Dates and more on PTC India Financial Services IPO!

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