Credit Rating Agency ICRA has assigned an IPO Grade 2/5 to the upcoming IPO of Tijaria Polypipes Ltd. The rating implies that as per ICRA, company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals
Tijaria Polypipes Limited manufactures various kinds of high grade plastic based pipes via HDPE, MDPE, LDPE, LLDPE, uPVC, PP-R pipes and sprinkler systems under the brand name of "TIJARIA" and "VIKAS"
Check back Indian IPO Blog for more on Tijaria Polypipes IPO!
Sunday, September 25, 2011
Tijaria Polypipes IPO Rating from ICRA
Tags
# ICRA Ratings
# IPO Grade
# IPO Grade 2
# IPO in 2011
# IPO in September 2011
# IPO Ratings
# Tijaria Polypipes IPO
# Tijaria Polypipes Limited IPO
# Tijaria Polypipes Ltd. IPO
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