Credit Rating Agency CARE has assigned an IPO Grade 2/5 to the IPO of Gyscoal Alloys Limited. This means that as per CARE, the Company's fundamentals are Below Average. CARE assigns IPO Grading on a scale of IPO Grade 1 to IPO Grade 5 with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals
Gyscoal Alloys Limited (GAL), engaged in the business of trading of iron & steel products and steel rolling mill, is coming up with an IPO of 7,700,000 Equity Shares of Rs.10 each
Stay tuned for more on Gyscoal Alloys Limited (GAL) IPO!
Tuesday, October 12, 2010
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