IOT Infrastructure and Energy Services IPO has received an IPO Grade 4 from credit rating agency CRISIL. The grade indicates that the fundamentals of the company are relatively Above Average. CRISIL assigns IPO Grades 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
IOT is a 50-50 joint venture between Indian Oil Corporation (IOC) and Oiltanking GmbH, the world’s second largest independent tank storage provider for petroleum products, chemicals and gases
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