The IPO of Career Point Infosystems Ltd., one of the leading providers of tutorial services in India, opens from today. 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
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 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
Stay tuned to Indian IPO Blog for latest subscription status updates on Career Point Infosystems Ltd. IPO!
Wednesday, September 15, 2010
Career Point Infosystems IPO opens today
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