Career Point IPO bid 5% on Opening Day

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