ICRA Nepal’s IPO Grading Scale Details Description

ICRA Nepal’s IPO Grading Scale 
 
ICRA Nepal’s five-point IPO Grading scale is as follows:
[ICRANP] IPO Grade 1 : Strong fundamentals
[ICRANP] IPO Grade 2 : Above-average fundamentals
[ICRANP] IPO Grade 3 : Average fundamentals
[ICRANP] IPO Grade 4 : Below-average fundamentals
[ICRANP] IPO Grade 5 : Poor fundamentals