The upcoming IPO of Innoventive Industries IPO has been assigned an IPO Grade 3/5 by ICRA. This indicates that the company has 'Average Fundamentals'. ICRA assigns IPO rating 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
Innoventive Industries Ltd. is engaged in the business of manufacturing and sale of precision steel tubes, tubular components, auto components, machined components and other steel products used in different sectors such as transportation, oil & gas, power, farm equipments and general engineering. Innoventive have also developed hydraulic cylinder tubes, rubber to metal products and profiled tubes in house
Innoventive Industries IPO would remain open for subscription between Tuesday, April 26, 2011 and Friday, April 29, 2011. Check back Indian IPO Blog for latest updates on the IPO!
Innoventive Industries Ltd. is engaged in the business of manufacturing and sale of precision steel tubes, tubular components, auto components, machined components and other steel products used in different sectors such as transportation, oil & gas, power, farm equipments and general engineering. Innoventive have also developed hydraulic cylinder tubes, rubber to metal products and profiled tubes in house
Innoventive Industries IPO would remain open for subscription between Tuesday, April 26, 2011 and Friday, April 29, 2011. Check back Indian IPO Blog for latest updates on the IPO!
