Shilpi Cable Technologies IPO subscription status update - Indian IPO Blog

Friday, March 25, 2011

Shilpi Cable Technologies IPO subscription status update

Shilpi Cable Technologies IPO has been bid about 3.48 times on an overall basis till Friday, March 25, 2011 1730 hrs IST, as per the data available on the NSE website. Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors

Earlier, credit rating agency CARE had assigned an IPO Grade 1/5 to the IPO of Shilpi Cable Technologies Ltd. CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 1 from CARE indicates that as per CARE, the company has "Poor Fundamentals"

Stay tuned for latest updates on Shilpi Cable Technologies IPO!

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