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

Monday, January 2, 2012

Goodwill Hospital IPO remains unsubscribed till Day 2

Goodwill Hospital IPO has remained unsubscribed till the second day of its opening. The IPO which opened from December 30, 2011 has not received any subscription till Day 2, January 2, 2012.

CARE has assigned an IPO Grade 3 to Goodwill Hospital IPO. This means as per CARE, company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals

The IPO would remain open for subscription till Monday, January 9, 2012


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