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Friday, November 30, 2012

The Price Band for the IPO of CARE has been announced at Rs.700/- to Rs.750/- per equity share. Credit Analysis & Research Ltd (CARE) is the second largest full service credit rating company in India.

CARE offers rating and grading services across a diverse range of instruments and industries including IPO grading, equity grading, and grading of various types of enterprises, including shipyards, maritime training institutes, construction companies and rating of real estate projects, among others. They also provide general and customized industry research reports.

CARE IPO would remain open for subscription between December 7, 2012 and December 11, 2012. CARE Ratings has completed more than 19000 rating assignments and is the leading credit rating agency in India for IPO grading having graded the largest number of IPOs since the introduction of IPO grading in India.

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