What is IPO* Grading?
1. Grade assigned by stock exchanges to an IPO
2. Grade assigned by SEBI to an IPO
3. Grade assigned by CRA (Credit Rating Agency)
to an IPO
4. Grade assigned by the company itself to its
IPO
Answer:
3. Grade assigned by CRA (Credit Rating Agency)
to an IPO
Explanation:
IPO grading is the grade
assigned by a Credit Rating Agency (CRAs) registered with SEBI, to the initial
public offering (IPO) of equity shares or any other security which may be
converted into or exchanged with equity shares at a later date.
Src:
*Initial public offering
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