Career Point IPO receives spectacular response, overbid 47.39 times - Indian IPO Blog

Indian IPO Blog

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Wednesday, September 22, 2010

Career Point IPO receives spectacular response, overbid 47.39 times

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!

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