Issue Price: Rs 700-750 / share

Issue Detail:
»» Issue Open: Dec 07, 2012 - Dec 11, 2012
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 7,199,700 Equity Shares of Rs. 10
»» Issue Size: Rs. [.] Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE

Objects of the Issue:
The objects of the issue are to:
1. Carry out sale of 7,199,700 Equity Shares by the Selling Shareholders; and
2. To achieve the benefits of lisitng the Equity Shares on the Stock Exchanges.

Incorporated in 1993, Credit Analysis & Research Ltd (CARE) is a second largest full service credit rating company in India. They offers rating and grading services across a diverse range of instruments and industries including IPO grading, equity grading, and grading of various types of enterprises, including shipyards, maritime training institutes, construction companies and rating of real estate projects, among others. They also provide general and customized industry research reports.

CARE's existing shareholders include domestic banks and financial institutions, such as IDBI Bank, Canara Bank, SBI and IL&FS etc. Company's list of clients includes banks and other financial institutions, private sector companies, central public sector undertakings, sub-sovereign entities, small and medium enterprises ("SMEs") and micro-finance institutions.

They are the leading credit rating agency in India for IPO grading having graded the largest number of IPOs since the introduction of IPO grading in India. CARE Ratings has completed over 19069 rating assignments having aggregate value of about Rs. 44051 bn (as of September 30, 2012), since its inception in April 1993.