CRISIL is the leading credit rating company in India. It researches other companies and gives rating to IPOs, other financial debt and equity instruments. It is completely debt free and is one of the best mid to large cap company one can invest in. It also has a good management team and reporting profits year after year. It has always enjoyed being the pioneer in the industry and had good valuations. Now, McGraw Hill Asian Holdings would like to increase the promoter shareholding in the company through an open offer priced at Rs. 1210/-. The open offer period is from July 24 to August 6, 2013. So, the price would be stabilized around Rs. 1210/- till the end of the offer period and then goes back to the real valuation from the market. McGraw Hill Asian Holdings currently hold 52.77% and would like to increase another 22% through this open offer. What does it really mean when a company is making an open offer? If a company is making an open offer, it actually believes in the busines...