This entry is part 1 of 2 in the series CARE IPO

The initial public offer of Credit Analysis & Rating Ltd (CARE) will be open for subscription from Friday , 7th Dec, 2012 and close on Tuesday, 11 Dec., 2012

  •  Issue Details (CARE IPO
  • Business Overview
  • Comparison with Industries peer
  • Payment schedule table
Issue Details
Issue OpenFriday 7 Dec, 2012
Issue CloseTuesday 12 Dec, 2012
Issue Size 7,199,700 Equity Shares (Rs. 504-Rs. 540 Cr)
Price BandRs. 700 - Rs. 750
Bid Lot20 Equity Shares
Cheque in Favour of (Retail Investor)CARE Public Offer - Escrow account - R
Registrar of IssueKarvy Computershare Pvt. Ltd
IPO Grading:          Company has been exempted by the Securities and Exchange Board of India (“SEBI”) (pursuant to Regulation 109(b) of the SEBI Regulations) from obtaining IPO grading for the Offer
 Business Overview
CARE is leading, full service credit rating company in India, it was the second largest rating company in India in term of rating turnover.
The company offer wide range of rating & grading services a diverse range of instruments & Industries. It had rating relationships with 4644 clients as of Sep. 30, 2012.
The primary focus has been to provide credit rating service in India. They have over 19 years of experience in rating debt instrument & related obligations covering a wide range of sectors, such as a manufacturing , services, banks and infrastructures.
They are recognized by the Capital Market Development Authority, Republic of Maldives to carry their ratings of debt & bank loan . They have also been recognized by Bank of Mauritius for using their ratings for risk weighting of bank claims on corporate for capital adequacy purposes.
Comparison with Industries peer

Company NameRevenueFace Value EPSP/E RatioRoNWBook ValueMarket Price
CARE2,187.951040.55-30.72131.98
CRISIL8,497.75128.9832.3949.959
ICRA2,287.911054.0125.0917.9301.61

 Payment Schedule Table

No. of SharesPrice per ShareCheque Amount (Rs)
No. of SharesPrice per ShareCheque Amount (Rs)
2075015000
4075030000
6075045000
8075060000
10075075000
12075090000
140750105000
160750120000
180750135000
200750150000
220750165000
240750180000
260750195000

 

RajendraIPOcare ipo,dec 2012The initial public offer of Credit Analysis & Rating Ltd (CARE) will be open for subscription from Friday , 7th Dec, 2012 and close on Tuesday, 11 Dec., 2012  Issue Details (CARE IPO Business Overview Comparison with Industries peer Payment schedule table Issue Details IPO Grading:          Company has been exempted by...Investment you need