Bharatiya Global Infomedia Limited IPO has been assigned an IPO Grade 2 by credit rating agency CARE. This implies that as per CARE, the company has 'Below 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

Bharatiya Global Infomedia Limited is a technology based company focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on Research & Development

Current business operations of the company consist of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. The company has an in-house developed software ERP product, customized software development, training, consultancy, trading, animation and RFID based solution. The company develops small animated capsules for various projects of the clients. It also designs & develops WAP enabled products for clients and mainly focus on building RFID technology

Issue Size: 6,720,000 Equity Shares of Rs.10/- each
Issue Opens from: Monday, July 11, 2011
Issue closes on: Thursday, July 14, 2011
Price Band: Rs.75/- to Rs.82/- per equity share
Bid Lot: 75 Equity Shares and in multiples thereof
Lead Manager: Almondz Global Securities Limited
Registrar: Karvy Computershare Private Limited