These midcap stocks that have earned an upgrade include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India and Info Edge
The IPO is entirely a fresh issue of up to Rs 290 crore, and the company has priced its issue between Rs 275 and Rs 290 per share
Proceeds from the fresh issue to the extent of Rs 130 crore will be used by the company for debt repayment and Rs 30 crore for investment in a wholly-owned subsidiary S2 Engineering Industry
Settlements to happen once a month for accounts inactive for over 30 days