Career Point IPO closes listing day with a stunning premium - Indian IPO Blog

Wednesday, October 6, 2010

Career Point IPO closes listing day with a stunning premium

Career Point Ltd., which listed on the exchanges today, has closed the listing day with a spectacular premium of 104% premium over its Issue Price. The share closed at Rs.632.35 on the BSE as against an issue price of Rs.310/- per equity share.

Career Point Ltd. touched an Intra-day high of Rs.674 on the BSE and Rs.664 on the NSE with an Intra-day low of Rs.450 and Rs.436.10 on BSE and NSE respectively

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

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