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Does an IPO grade, which indicates above average or strong fundamentals mean I could subscribe safely to the issue?

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Does an IPO grade, which indicates above average or strong fundamentals mean I could subscribe safely to the issue?

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An IPO grade is NOT a suggestion or recommendation as to whether one should subscribe to the IPO or not. IPO grade needs to be read together with the disclosures made in the prospectus including the risk factors as well as the price at which the shares are offered in the issue.

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