Tree House Education IPO assigned IPO Grade 3

Tree House Education and Accessories IPO, which is scheduled to open from Wednesday, August 10, 2011, has been assigned an IPO Grade 3 by credit rating agency CRISIL. This means as per CRISIL, company has 'Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals

Tree House Education is one of the leading educational services providers in India. As per CRISIL report, they operate the largest number of self-operated pre-schools in India. They have 177 pre-schools under the brand name of "Tree House" across 23 cities in India

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