Credit Rating Agency CARE has assigned an IPO Grade 2/5 to the IPO of Gyscoal Alloys Limited. This means that as per CARE, the Company's fundamentals are Below Average. CARE assigns IPO Grading on a scale of IPO Grade 1 to IPO Grade 5 with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals
Gyscoal Alloys Limited (GAL), engaged in the business of trading of iron & steel products and steel rolling mill, is coming up with an IPO of 7,700,000 Equity Shares of Rs.10 each
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