J Kumar IPO : ICRA assigns IPO Grade 2 to J Kumar Infraprojects

J Kumar IPO : ICRA assigns IPO Grade 2 to J Kumar Infraprojects

Credit rating agency, ICRA assigned an IPO Grade 2, indicating below average fundamentals, to the proposed IPO of J Kumar Infraprojects (JKIL). ICRA assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

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