QIB: 0.00 times
Non-Institutional Investors: 2.98 times
Retail: 0.59 times
Overall: 0.65 times

Microsec Financial Services IPO Allotment Status is now available online

Click here to check your status now!

QIB: 0.00 times
Non-Institutional Investors: 2.97 times
Retail: 0.34 times
Overall: 0.56 times

QIB: 1.66 times
Non-Institutional Investors: 40.94 times
Retail: 7.45 times
Overall: 9.58 times

Issue Opens on: Thursday, September 30, 2010
Issue Closes on: Tuesday, October 05, 2010
Price Band: Rs.125/- to Rs.127 per equity share
Bid Lot: 55 Equity Shares and in multiples thereof
Lead Manager: Edelweiss Capital Ltd., ICICI Securities Ltd.
Registrar: Karvy Computershare Pvt. Ltd.

QIB: 0.80 times
Non-Institutional Investors: 5.34 times
Retail: 1.54 times
Overall: 1.74 times

QIB: 0.00 times
Non-Institutional Investors: 2.39 times
Retail: 0.17 times
Overall: 0.42 times

QIB: 25.52 times
Non-Institutional Investors: 13.91 times
Retail: 3.46 times
Employees: 1.21 times
Overall: 15.94 times

QIB: 27.99 times
Non-Institutional Investors: 62.48 times
Retail: 9.07 times
Employees: 0.35 times
Overall: 24.47 times

VA Tech Wabag IPO has received an overwhelming response from the market with the IPO finally getting overbid by 36.22 times on an overall basis. The IPO is overbid by a gigantic amount in terms of number of times subscription in the HNI which stands 100.98 times, which received bids for 55586055 Equity Shares as against 550447

The response from the QIB and Retail Categories has also been wonderful with the IPO getting bid by 36.13 times and 8.55 times in each of those categories respectively.

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users

Tecpro Systems IPO, which closed for subscription today for QIB Investors, has amassed good support from the QIB Investors, with the category getting overbid 28 times, thereby taking the overall subscription for the IPO to just above 14 times. The other categories, however, have seen below 1 time subscriptions till now, but are expected to garner more response on the closing day. (Click here for Tecpro Systems IPO - Bidding Status till Day 3)

Tecpro Systems Limited undertakes turnkey projects in Bulk Solids Handling Systems including belt conveyors, slat conveyors, bucket elevators etc., manufacture equipment viz., stackers, reclaimers, various types of crushers, vibrating screens, feeder and conveyor components

Stay tuned for regular updates on Tecpro Systems IPO Bidding Status!

Indosolar Limited IPO Allotment Status is declared and can now be checked online

Click here to check your status now

Indosolar Limited manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect

VA Tech Wabag IPO has been overbid more than 36 times till Monday, September 27, 2010 1900 hrs IST, according to the data available on the NSE website. The subscription in the Retail Category has also reached more than 7.5 times till 7 PM

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users

Stay tuned for final and category-wise subscription status update on VA Tech Wabag IPO!

QIB: 27.99 times
Non-Institutional Investors: 0.53 times
Retail: 0.65 times
Employees: 0.06 times
Overall: 14.17 times

VA Tech Wabag IPO has been receiving an impressive subscription and the IPO is now overbid 35.11 times till Monday, September 27, 2010 1600 hrs IST as per data available on NSE website. The Retail Category has also been overbid about 5 times till 4 PM

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users. VA Tech Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia

Stay tuned for final and precise subscription status on VA Tech Wabag IPO!

Orient Green Power Company IPO has been subscribed fully on its closing day. The IPO, which was assigned an IPO Grade 4/5 by CRISIL, has received feeble response from HNI and Retail Categories which are bid 64% and 18% respectively with QIB Category supporting the IPO with a subscription of 2.09 times, thus making the IPO subscribed 1.07 times on an overall basis

Orient Green Power Company limited (OGPL) is an independent renewable energy power producer in India. Orient Green Power is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity. According to the Company's website, currently its portfolio includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development

Stay tuned to Indian IPO Blog for Orient Green Power Company IPO Allotment Status links, Orient Green Power Company IPO Listing Details and more on Orient Green Power Company IPO!

The IPO of Electrosteel Integrated Limited has managed to garner good response on its closing day with the IPO closing with an overall subscription figure of 8.23 times. Following is the final subscription status of Electrosteel Integrated Limited IPO

Electrosteel Integrated Limited IPO Final Subscription Status as on Friday, September 24, 2010 1700 hrs IST:
QIB: 5.86 times
Non-Institutional Investors: 28.58 times
Retail: 6.19 times
Overall: 8.23 times

QIB: 0.53 times
Non-Institutional Investors: 1.34 times
Retail: 0.34 times
Overall: 0.59 times

QIB: 36.13 times
Non-Institutional Investors: 0.84 times
Retail: 0.27 times
Overall: 15.20 times

Ashoka Buildcon IPO has been subscribed 0.90 times on an overall basis on its opening day. However, this is chiefly on support from HNI Category, which is overbid 4.52 times. The QIB and Retail Categories are bid 0.58 times and 0.14 times respectively with the Employees part getting bid 0.70 times till Day 1


Ashoka Buildcon Limited, a Nashik based construction company, is engaged in the business of building and operating roads and bridges in India. Ashoka Buildcon is the operator of highest number of toll-based BOT (build, operate and transfer) projects in India

Stay tuned to Indian IPO Blog for latest subscription status updates on Ashoka Buildcon IPO!

QIB: 0.15 times
Non-Institutional Investors: 0.00 times
Retail: 0.10 times
Employees: 0.01 times
Overall: 0.11 times

VA Tech Wabag IPO, which closes for subscription today for QIB Investors has been overbid about 10.30 times on an overall basis till September 24, 2010 1500 hrs IST as per data available on NSE Website

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users. VA Tech Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia

Stay tuned to Indian IPO Blog for latest subscription status updates on VA Tech Wabag IPO!

QIB: 1.15 times
Non-Institutional Investors: 0.04 times
Retail: 0.11 times
Overall: 0.53 times

QIB: 0.00 times
Non-Institutional Investors: 0.00 times
Retail: 0.02 times
Employees: 0.00 times
Overall: 0.01 times

QIB: 0.35 times
Non-Institutional Investors: 1.07 times
Retail: 0.17 times
Overall: 0.39 times

QIB: 5.86 times
Non-Institutional Investors: 0.75 times
Retail: 0.43 times
Overall: 3.72 times

QIB: 2.09 times
Non-Institutional Investors: 0.37 times
Retail: 0.04 times
Overall: 0.97 times

QIB: 4.52 times
Non-Institutional Investors: 1.45 times
Retail: 0.99 times
Overall: 2.89 times

The object of the Issue are to meet Issue Expenses and for:
1. Setting up of new plant at Sinnar, Nashik for manufacturing of new product Low Relaxation Pre-Stress Concrete (LRPC) Wire and Spring Steel Wire;
2. General Corporate Purposes

Issue Opens on: Monday, September 27, 2010
Issue Closes on: Wednesday, September 29, 2010
Price Band: Rs.90/- to Rs.100/- per equity share
Bid Lot: 65 Equity Shares and in multiples thereof
Lead Manager: Chartered Capital and Investment Ltd.
Registrar: Link Intime India Pvt. Ltd.

Sea TV Network Ltd., an Agra based company engaged in providing services of a Multi System Operator (MSO) to various Local Cable TV operators of Agra and adjoining areas, is coming up with an IPO in a Price Band of Rs.90/- to Rs.100/- per equity share with a bid lot of 65 Equity Shares and in multiples thereof. Sea TV Network IPO would remain open for subscription between Monday, September 27, 2010 and Wednesday, September 29, 2010.

The Objects of the Issue are for raising capital for:
1. Setting up complete Digital Headend and network for implementation of Conditional Access System (CAS)
2. Setting up network for complete IPTV Solution
3. Setting up of own cable distribution network
4. Setting up own 20 branch-offices in the City

Sea TV has its own local channels, programmes of which are produced by its own production team. These local channels mainly focus on Agra city and U.P State news, events and information

Cantabil Retail India Ltd. IPO had received an IPO Grade 2/5 from ICRA. This indicates that as per ICRA company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Cantabil Retail India Ltd is in the business of designing, manufacturing, branding and retailing of apparels. The IPO is open for subscription between Wednesday, September 22, 2010 and Monday, September 27, 2010

(Click here to download the ICRA IPO Grading Document for Cantabil Retail India Ltd. IPO)

QIB: 0.00 times
Non-Institutional Investors: 1.03 times
Retail: 0.08 times
Overall: 0.18 times

ICRA has assigned an IPO Grade 4/5 to VA Tech Wabag Limited IPO. This grade indicates that as per ICRA company has 'Above Average Fundamentals'. ICRA assigns IPO grading on a scale of IPO Grade 5 to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. (Click here to download the ICRA IPO Grading Document for VA Tech Wabag Limited IPO)

VA Tech Wabag is one of the world’s leading companies in the water treatment field. VA Tech Wabag provides turn-key solutions for water and waste water treatment to municipal and industrial users. VA Tech Wabag has market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia. VA Tech WABAG offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services

Stay tuned to Indian IPO Blog for VA Tech Wabag IPO!

QIB: 0.11 times
Non-Institutional Investors: 0.37 times
Retail: 0.02 times
Overall: 0.12 times

Tecpro Systems IPO Price Band is fixed at Rs.340/- to Rs.355/- per equity share. Tecpro Systems IPO opens from Thursday, September 23, 2010

Tecpro Systems IPO has been assigned an IPO Grade 4/5 by CRISIL. This grade from CRISIL indicates that the fundamentals of the IPO are above-average relative to other listed equity securities in India. CRISIL assigns IPO Grade on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Stay tuned to Indian IPO Blog for more on Tecpro Systems IPO!

Issue Opens on: Friday, September 24, 2010
Issue Closes on: Tuesday, September 28, 2010
Price Band: Rs.297/- to Rs.324/- per equity share
Bid Lot: 21 Equity Shares and in multiples thereof
Lead Manager: Enam Securities Pvt. Ltd., IDFC-SSKI Pvt. Ltd., Motilal Oswal Investments Advisors Pvt. Ltd.
Registrar: Link Intime India Pvt. Ltd.

QIB: 0.30 times
Non-Institutional Investors: 0.21 times
Retail: 0.09 times
Overall: 0.21 times

QIB: 0.40 times
Non-Institutional Investors: 0.61 times
Retail: 0.13 times
Overall: 0.34 times

Issue Size: 9,000,000 Equity Shares of Rs. 10
Issue Opens on: Tuesday, September 28, 2010
Issue Closes on: Friday, October 01, 2010
Price Band: Rs.95/- to Rs.102/- per equity share
Bid Lot: 65 Equity Shares and in multiples thereo
Lead Manager: Ashika Capital Ltd., Keynote Corporate Services Ltd.
Registrar: Mondkar Computers Pvt. Ltd.

Bedmutha Industries Ltd., one of the leading steel wire manufacturers in western India located in Nashik, is coming up with an IPO of 9,000,000 Equity Shares of Rs.10 each, which opens for subscription from Tuesday, September 28, 2010

Bedmutha operates four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits

Stay tuned to Indian IPO Blog for more on Bedmutha Industries Ltd!

The IPO of Career Point Infosystems Limited, has closed with splendid oversubscription figures of over 47 times on an overall basis. The IPO is overbid by 31.74 times in the Retail Category and by a gigantic 101.93 times in HNI Category. The QIB Category, too, has received 47.45 times oversubscription

The IPO which closed for subscription for QIB Category on Monday, September 20, 2010 and for other categories on Tuesday, September 21, 2010, was assigned an IPO Grade 3/5 by Credit Rating Agency CRISIL (Click here for more on Career Point IPO Rating)

Career Point Infosystems Ltd. provides tutorial services to high school and post high-school students for various competitive entrance examinations including All India Engineering Entrance Examination (AIEEE), Indian Institute of Technology – Joint Entrance Examination (IIT-JEE) and All India Pre-Medical and Pre-Dental Test

Stay tuned for more on Career Point Infosystems IPO!

QIB: 0.00 times
Non-Institutional Investors: 0.00 times
Retail: 0.01 times
Overall: 0.00 times

QIB: 0.04 times
Non-Institutional Investors: 0.61 times
Retail: 0.01 times
Overall: 0.09 times

QIB: 0.06 times
Non-Institutional Investors: 0.00 times
Retail: 0.00 times
Overall: 0.03 times

QIB: 47.45 times
Non-Institutional Investors: 101.93 times
Retail: 31.74 times
Employees: 1.07 times
Overall: 47.39 times

QIB: 5.91 times
Non-Institutional Investors: 35.88 times
Retail: 11.04 times
Overall: 12.20 times

QIB: 25.79 times
Non-Institutional Investors: 73.40 times
Retail: 11.95 times
Overall: 26.51 times

Career Point IPO has been receiving spectacular response and is now overbid more than 33 times till 1500 hrs IST, as per data available on NSE Website. The Retail Category has been oversubscribed by about 13.90 times till 3PM on the closing day


The IPO closed for subscription for QIB Category yesterday and closes for other categories today was assigned an IPO Grade 3/5 by Credit Rating Agency CRISIL (Click here for more on Career Point IPO Rating)

Stay tuned for latest updates on Career Point IPO!

The Initial Public Offers of Ramky Infrastructure Limited, Orient Green Power Company Limited, and Electrosteel Steels Limited open for subscription today. The IPOs of Ramky Infrastructure Limited would remain open for subscription till Thursday, September 23, 2010, while Orient Green Power Company IPO , and Electrosteel Steels IPO would remain open till Friday, September 24, 2010

Here's a brief profile of the IPOs opening today:

(1) Ramky Infrastructure Limited
Ramky Infrastructure Ltd. is an integrated construction and infrastructure development and management company in India. Ramky Infrastructure serviced a diverse range of construction and infrastructure projects in sectors as varied as water and waste water, transportation, irrigation, industrial parks (including SEZs), power transmission and distribution, residential, commercial and retail property

(2) Orient Green Power Company Limited
Orient Green Power Company limited (OGPL) is a leading independent renewable energy power producer in India. Orient Green Power is the largest independent operator and developer of renewable energy power plants in India based on aggregate installed capacity. According to the Company's website, currently its portfolio includes biomass, biogas, wind energy and small hydroelectric projects at various stages of development

(3) Electrosteel Steels Limited
Electrosteel Steels Ltd. is promoted by Electrosteel Castings Ltd. (ECL), which is in the business of manufacturing Cast Iron pipes for over four decades and Ductile Iron Spun Pipes. Electrosteel Castings Ltd. has setup Electrosteels Steels for implementing the integrated steel Ductile Iron Spun Pipes project in Jharkhand

Electrosteel Steels IPO has received an IPO Grade 3/5 from Credit Rating Agency CARE. CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 1 indicating strong fundamentals

Electrosteel Steels Ltd., a subsidiary of Electrosteel Group, is entering capital markets with an IPO of 368,772,000 Equity Shares of Rs.10/- each. The IPO would remain open for subscription between Tuesday, September 21, 2010 and Friday, September 24, 2010

The Price Band for the IPO of Electrosteel Steels Ltd. is set at Rs.10/- to Rs.11/- per equity shares. The IPO would consist of 225,516,188 Equity Shares, having a Face Value of Rs.10/- each. The Bid Lot would be 600 Equity Shares and in multiples thereof

Stay tuned for more on Electrosteel Steels IPO!

The Price Band for the IPO of Electrosteel Steels Ltd. is set at Rs.10/- to Rs.11/- per equity shares. The IPO would consist of 225,516,188 Equity Shares, having a Face Value of Rs.10/- each. The Bid Lot would be 600 Equity Shares and in multiples thereof

The Equity Shares of Electrosteel Steels Ltd. are proposed to be listed on both BSE and NSE. The IPO would remain open for subscription between September 21, 2010 and September 24, 2010

The objects of the Issue are to create a public market for equity shares by listing securities of Company on Stock Exchanges and:
1. To part finance the construction of Integrated Steel and D.I. pipe plant having a capacity of 2.2 MTPA in Jharkhand, India;
2. For Margin money towards Bank Guarantees;
3. For general corporate purposes

Stay tuned for more on Electrosteel Steels Ltd. IPO!

Ashoka Buildcon IPO Price Band is fixed at Rs.297/- to Rs.324/- per equity share. The IPO would remain open for subscription between Friday, September 24, 2010 and Tuesday, September 28, 2010

Ashoka Buildcon Limited is a Nashik based construction company engaged in the business of building and operating roads and bridges in India. Company is also involve in engineering, designing and maintenance of roads, bridges, electricity substations, commercial buildings and industrial buildings for third parties

Stay tuned to Indian IPO Blog for latest updates on Ashoka Buildcon IPO!

QIB: 0.69 times
Non-Institutional Investors: 9.26 times
Retail: 2.04 times
Overall: 2.45 times

QIB: 0.82 times
Non-Institutional Investors: 4.63 times
Retail: 2.05 times
Overall: 1.71 times

QIB: 47.45 times
Non-Institutional Investors: 6.26 times
Retail: 4.05 times
Employees: 0.48 times
Overall: 26.02 times

Career Point IPO is receiving an excellent response with the IPO bid more than 25.5 times till September 20, 2010 1600 hrs IST as per data available on NSE website. The IPO which closes for subscription for QIB Category today and for other categories tomorrow, i.e. on September 21, 2010 was assigned an IPO Grade 3/5 by Credit Rating Agency CRISIL (Click here for more on Career Point IPO Rating)

Career Point Infosystems Ltd. provides tutorial services to high school and post high-school students for various competitive entrance examinations including All India Engineering Entrance Examination (AIEEE), Indian Institute of Technology – Joint Entrance Examination (IIT-JEE) and All India Pre-Medical and Pre-Dental Test

Stay tuned for latest subscription status updates on Career Point IPO!

Ashoka Buildcon Limited, a Nashik based construction company, is coming up with an IPO which would be open for subscription between Friday, September 24, 2010 and Tuesday, September 28, 2010

Ashoka Buildcon Limited is engaged in the business of building and operating roads and bridges in India. Ashoka Buildcon is the operator of highest number of toll-based BOT (build, operate and transfer) projects in India

Stay tuned for more on Ashoka Buildcon IPO!

Issue Opens on: Wednesday, September 22, 2010
Issue Closes on: Monday, September 27, 2010
Price Band: Rs.127/- to Rs.135/- per equity share
Bid Lot: 50 Equity Shares and in multiples thereof
Lead Manager: Spa Merchant Bankers Ltd.
Registrar: Beetal Financial & Computer Services (P) Ltd.

Issue Opens on: Wednesday, September 22, 2010
Issue Closes on: Monday, September 27, 2010
Face Value: Rs.5/- per equity share
Price Band: Rs.1230 to Rs.1310/- per equity share
Bid Lot: 5 Equity Shares and in multiples thereof
Lead Manager: Enam Securities Pvt. Ltd., IDFC-SSKI Pvt. Ltd.
Registrar: Karvy Computershare Pvt. Ltd.

Issue Opens on: Tuesday, September 21, 2010
Issue Closes on: Friday, September 24, 2010
Price Band: Rs.47/- to Rs.55/- per equity share
Bid Lot: 125 Equity Shares and in multiples thereof
Lead Managers: Axis Bank Ltd., Goldman Sachs (India) Securities Pvt. Ltd., JM Financial Consultants Pvt. Ltd., UBS Securities India Pvt. Ltd.
Registrar: Link Intime India Pvt. Ltd.

Tecpro Systems IPO has been assigned an IPO Grade 4/5 by CRISIL. This grade from CRISIL indicates that the fundamentals of the IPO are above-average relative to other listed equity securities in India. CRISIL assigns IPO Grade on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

Tecpro Systems Limited undertakes turnkey projects in Bulk Solids Handling Systems including belt conveyors, slat conveyors, bucket elevators etc., manufacture equipment viz., stackers, reclaimers, various types of crushers, vibrating screens, feeder and conveyor components

Stay tuned for more on Tecpro Systems IPO!

Tecpro Systems Ltd, a material handling company in India, engaged in providing turnkey solutions in material handling, ash handling, balance of plant ("BoP") and engineering, procurementand construction ("EPC") contracts, is coming up with an IPO which would open for subscription from September 23, 2010

The Book Running Lead Managers to the Issue are Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited, while Link Intime India Pvt. Ltd. is the Registrar

The objects of the Issue are Listing of Securities on Stock Exchanges and:
1. To part finance the integrated steel plant;
2. To part finance the Flour Mill with a capacity of 1,80,000 MTPA

Issue Size: 8,100,000 Equity Shares of Rs. 10 
Issue Type: Fixed Price Issue
Issue Opens on: Wednesday, September 22, 2010
Issue Closes on: Friday, September 24, 2010
Face Value: Rs.10/- per equity share
Issue Price: Rs.50/- per equity share
Bid Lot: 125 Equity Shares and in multiples thereof
Lead Manager: Anand Rathi Securities Ltd.
Registrar:  Niche Technologies Pvt. Ltd.

Issue Size: 368,772,000 Equity Shares of Rs.10/- each 
Issue Opens on: Tuesday, September 21, 2010
Issue Closes on: Friday, September 24, 2010
Price Band: Rs.10/- to Rs.11/- per equity share
Bid Lot: 600 Equity Shares and in multiples thereof
Lead Manager: Edelweiss Capital Ltd., Enam Securities Pvt. Ltd., SBI Capital Markets Ltd.
Registrar: Karvy Computershare Pvt. Ltd.

CARE has assigned an IPO Grade 4/5 to the IPO of Eros International Media Limited, indicating Above Average Fundamentals. The objects of the Issue are to raise capital for acquisition and co-production of Indian films, including primarily Hindi films as well as certain Tamil and other regional language films and for General corporate purposes.

The Price Band for the IPO has been fixed at Rs.158/- to Rs.175/- per equity share. The Bid Lot will be 40 Equity Shares and in multiples thereof

Stay tuned for more on Eros International IPO!

QIB: 1.78 times
Non-Institutional Investors: 23.18 times
Retail: 12.59 times
Overall: 8.77 times

QIB: 2.15 times
Non-Institutional Investors: 0.14 times
Retail: 0.47 times
Employees: 0.08 times
Overall: 1.27 times

QIB: 0.39 times
Non-Institutional Investors: 7.43 times
Retail: 0.75 times
Overall: 1.57 times

QIB: 0.18 times
Non-Institutional Investors: 3.74 times
Retail: 0.69 times
Overall: 0.79 times

The IPO of Eros International Media Ltd., a part of the Eros Group opens for subscription from today.
The objects of the Issue are to raise capital for acquisition and co-production of Indian films, including primarily Hindi films as well as certain Tamil and other regional language films and for General corporate purposes

The Price Band for the IPO has been fixed at Rs.158/- to Rs.175/- per equity share. The Bid Lot will be 40 Equity Shares and in multiples thereof

Issue Opens on: Friday, September 17, 2010
Issue Closes on: Tuesday, September 21, 2010
Price Band: Rs.158/- to Rs.175/- per equity share
Bid Lot: 40 Equity Shares and in multiples thereof
Lead Manager: Enam Securities Pvt. Ltd., Kotak Mahindra Capital Co. Ltd., Morgan Stanley India Co. Pvt. Ltd.
Registrar: Link Intime India Private Ltd

Career Point Infosystems IPO has been subscribed 0.05 times on the First Day on an overall basis. The Retail Category has received subscription of 12% on the opening day while HNI Category is bid 0.10 times till Day 1 (Click here for Career Point IPO - Bidding Status on Day 1)

Career Point Infosystems Ltd. provides tutorial services to high school and post high-school students for various competitive entrance examinations including All India Engineering Entrance Examination (AIEEE), Indian Institute of Technology – Joint Entrance Examination (IIT-JEE) and All India Pre-Medical and Pre-Dental Test. The IPO, which would remain open for subscription till Tuesday, September 21, 2010, is assigned an IPO Grade 3/5 by Credit Rating Agency CARE (Click here for more on Career Point IPO Rating from CARE

QIB: 0.00 times
Non-Institutional Investors: 0.10 times
Retail: 0.12 times
Employees: 0.00 times
Overall: 0.05 times

The Objects of the Issue are to meet expenses towards general corporate purposes and for:
1. Construction and development of an integrated campus facility;
2. Expansion of classroom infrastructure and office facility;
3. Acquisitions and other strategic initiatives

QIB: 1.78 times
Non-Institutional Investors: 0.69 times
Retail: 0.33 times
Overall: 1.11 times

Issue Opens on: Tuesday, September 21, 2010
Issue Closes on: Thursday, September 23, 2010
Price Band: Rs.405/- to Rs.468/- per equity share
Bid Lot: 14 Equity Shares and in multiples thereof
Lead Manager: Deutsche Equities India Pvt. Ltd. and Enam Securities Pvt. Ltd.
Registrar: Karvy Computershare Pvt. Ltd.