Grade assigned by CRA (Credit Rating Agency) to an IPO

What is IPO Grading?

A.Grade assigned by stock exchanges to an IPO                                
B. Grade assigned by SEBI to an IPO

C .Grade assigned by CRA (Credit Rating Agency) to an IPO

D. Grade assigned by the company itself to its IPO

Ans

C .Grade assigned by CRA (Credit Rating Agency) to an IPO