Mumbai, India - ICSA (India) is the latest entrant to be featured in Forbes 200 Best Under a Billion(BUB). Forbes studied the consistence of the last three years performance of 22,500 companies across Asia and
Pacific. The mid and small sized companies were screened on the basis of continuity of consistency and growth. ICSA is one of the 17 Indian companies in the list.

Forbes magazine says "Ten years after the Asian financial crisis began, the region's economies are thriving as though nothing ever happened - and a lot of the credit goes to Asia-Pacific's small and midsize companies."

An NBFC in the 1998, ICSA turned around when it saw opportunity in the power sector. While most companies rushed to put up power plants to meet the demand, ICSA (India) innovated to check pilferage and loss due to transmission of power and gas.

Owing to impressive performance and its growth story, foreign investors of the likes of UBS Securities Asia and DSP Merrill Lynch have recently picked up about 3.26% and 0.90% equity stake in ICSA (India).Early this year, Goldman Sachs, a global investment bank, has invested $46 million through FCCBs.

FOR MORE INFORMATION CONTACT :

Mr. VINODA KUMAR C.
M/s. Concept PR
Bangalore, India
E-Mail : bangalore@conceptpr.com