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Tuesday, March 22, 2011

Credit Rating Agency CARE has assigned an IPO Grade 1/5 to the IPO of Shilpi Cable Technologies Ltd. CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 1 from CARE indicates that as per CARE, the company has "Poor Fundamentals"

Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors

Click here to download IPO Grading Document from CARE for Shilpi Cable Technologies IPO!

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