Indosolar IPO had received an IPO Grade 3/5 from credit rating agency CRISIL. CRISIL assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and Grade 5 indicating strong fundamentals. This grade as per CRISIL, indicates that the company has 'Average Fundamentals'
Indosolar Limited manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect
Indosolar IPO is open for subscription between Monday, September 13, 2010 and Wednesday, September 15, 2010. Stay tuned to Indian IPO Blog for latest updates on Indosolar IPO!
Tuesday, September 14, 2010
Indosolar IPO - IPO Grade 3 from CRISIL
Tags
# CRISIL Rating
# Indosolar IPO
# Indosolar Limited IPO
# Indosolar Ltd. IPO
# IPO Grade
# IPO Grade 3
# IPO in 2010
# IPO in September 2010
# IPO News
# IPO Ratings
# IPO Updates
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