Edelweiss Capital IPO graded by credit rating agency CRISIL

Date October 31, 2007

Edelweiss Capital IPO has been graded by India’s number 1 credit rating agency, CRISIL which has assigned Edelweiss  IPO the CRISIL IPO Grade of 4/5. CRISIL IPO Grade of 4/5 indicates that the fundamentals of Edelweiss Capital Limited are above average. Not many IPO’s have managed to get a grade of over 3. Looks like Edelweiss Capital IPO is going to be another case of an IPO getting heavily oversubscribed, as companies rush to tap the capital markets for funds.