SRS IPO Allotment Status declared - Indian IPO Blog

Wednesday, September 14, 2011

SRS IPO Allotment Status declared

SRS IPO Allotment Status has been declared and can now be declared online. Click here to check SRS Limited IPO Allotment Status now.

SRS Limited is engaged in the business of Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations. The company operates 23 SRS Value Bazaar retail stores, 15 food courts and 30 cinema screens in North India. The company also operates five jewellery retail and wholesale outlets and a jewellery manufacturing unit in Delhi.

The IPO was assigned an IPO Grade 3/5 by credit rating agency ICRA, indicating "Average Fundamentals". ICRA assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

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