Crisil (down 3.98%) and ICRA (down 8.50%), edged lower.

The BSE Sensex was down 10.95 points, or 0.06% at 19,316.27.

On Monday, 3 December 2012, shares of Crisil surged 10.39% to Rs 1,060.75 on 3 December 2012 and shares of ICRA surged 19.53% to Rs 1,576.

The initial public offering (IPO) of CARE Ratings will open for subscription on 7 December 2012 and close on 11 December 2012.

The company will offer about 71.99 lakh equity shares of face value Rs 10 each in a price band of Rs 700 to Rs 750 per share.

The offer will constitute 25.22% of the post-offer paid-up equity share capital of the company.