Business: Jaypee Infratech IPO | Jaypee Infratech IPO Rating

CARE has assigned a 'IPO Grade 3/5' to the proposed IPO of Jaypee Infratech Ltd. (JIL). CARE's IPO grading is an opinion on the relative assessment of the fundamentals of the issuer. CARE assigns IPO grades 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 3 from CARE indicates that....
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