Analysis and Insights into the world of IPOs and investing in India

Tuesday, September 14, 2010

Career Point IPO Price Band fixed

The Price Band for the Upcoming IPO of Career Point Infosystems Ltd. is fixed at Rs.295/- to Rs.310/- per equity share. The IPO would remain open for subscription between Thursday, September 16, 2010 and Tuesday, September 21, 2010

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

Career Point Infosystems Ltd. provides tutorial services to high school and post high-school students for various competitive entrance examinations
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