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

Sunday, August 21, 2011

SRS Limited IPO - Draft Red Herring Prospectus (DRHP) Download

The Draft Red Herring Prospectus (DRHP) of SRS Limited IPO can be downloaded here.

SRS Limited IPO consists of 35,000,000 Equity Shares of Rs.10/- each and opens for subscription from Tuesday, August 23, 2011. SRS Limited IPO Price Band was earlier fixed at Rs.58/- to Rs.65/- per equity share.

Earlier, ICRA has assigned an IPO Grade 3 to SRS Limited IPO. This means as per ICRA, the company has 'Average Fundamentals'. ICRA assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals
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