IYG ipo rating :

IYG rating s explained :

Strong apply- if expected fair price is above 50 % the upper price band /good fundamentals

Apply - "if the expected fair price is above 20 % ,less than 50 % /Good long term prospectus ,but overpriced now .

Neutral - "if there is lack of clarity about the company or if the present market trends are volatile . such ipos may or may not perform well .

Avoid - "when the ipo stock is offered at a price much higher than peer stocks and when there is no unique factor in it .

Please use these just for reference only , read our disclaimer statement very carefully .

IYG- Ipoindia yahoo group
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