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Sunday, May 29, 2011

VMS Industries Limited IPO has been assigned an IPO Grade 1/5 by credit rating agency ICRA. This means that as per ICRA, the company has 'Poor Fundamentals'. ICRA 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

VMS Industries Ltd. is engaged in the business of providing different kinds of financial and consulting services and later on diversified into the ship recycling and off-shore activities. VMS Industries has an integrated yard for ship recycling of ships and offshore business support activities, catering to customers in India and overseas

Stay tuned to Indian IPO Blog for more updates on VMS Industries Limited IPO!

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