Wednesday, 13 April 2011

Servalakshmi Paper Ltd IPO Grading

Servalakshmi Paper Ltd IPO Grading

Issue Detail:

  »»  Issue Open: Apr 27, 2011 - Apr 29, 2011
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: Equity Shares of Rs. 10
  »»  Issue Size: Rs. 60.00 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 27 - Rs. 29 Per Equity Share
  »»  Market Lot:
  »»  Minimum Order Quantity:
  »»  Listing At: BSE, NSE

Servalakshmi Paper Ltd IPO Grading

ICRA has assigned an IPO Grade 2 to Servalakshmi Paper Ltd IPO. This means 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.

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