Day: September 21, 2010

Cantabil Retail India IPO: It’s your choice

The issue is reasonably priced even though the ICRA grading for this IPO is low. This grading indicates below-average fundamentals. The company also operates in a highly fragmented market. Make your choice! Issue: Price: Rs127-Rs135 per equity share Bid lot:

Vishal Retail finally finds suitors

Debt-laden Delhi-based Vishal Retail will sell its retail trading business to Shriram Group of Chennai and the wholesale business, institutional sales and franchise operation to a private equity company, ‘TPG Capital’, with the combined deal totaling to Rs1 billion. Pertaining