IPO Updates: Cox and Kings IPO Received Grade 4 from CARE, will hit market soon

Cox and Kings (India) Limited has filed its DRHP with SEBI to enter the capital market with an IPO of 1.84 crore equity shares of Rs. 10 each for cash at a price to be decided through a 100% Book-Building Process.

Cox and Kings (India) Limited is one of the best tour operators in India. CARE has assigned IPO rating 4 to this IPO. This means company has above average fundamentals.

CARE assigns IPO grades on scale of Grade 5 to Grade 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

The Equity Shares are proposed to be listed on BSE and the NSE.

Keywords: Cox and Kings (India) IPO, CARE ratings, Cox and Kings (India) IPO rating,