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

The Equity Shares of Career Point Infosystems Ltd. would be listed and admitted to the dealings on the exchange from today, Wednesday, October 06, 2010. 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

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 IPO Allotment Status is declared and can now be checked online

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Career Point IPO Allotment Status is expected to be declared soon

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Earlier, 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, has received 47.45 times oversubscription

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!

QIB: 47.45 times
Non-Institutional Investors: 101.93 times
Retail: 31.74 times
Employees: 1.07 times
Overall: 47.39 times

Career Point IPO has been receiving spectacular response and is now overbid more than 33 times till 1500 hrs IST, as per data available on NSE Website. The Retail Category has been oversubscribed by about 13.90 times till 3PM on the closing day


The IPO closed for subscription for QIB Category yesterday and closes for other categories today was assigned an IPO Grade 3/5 by Credit Rating Agency CRISIL (Click here for more on Career Point IPO Rating)

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QIB: 47.45 times
Non-Institutional Investors: 6.26 times
Retail: 4.05 times
Employees: 0.48 times
Overall: 26.02 times

Career Point IPO is receiving an excellent response with the IPO bid more than 25.5 times till September 20, 2010 1600 hrs IST as per data available on NSE website. The IPO which closes for subscription for QIB Category today and for other categories tomorrow, i.e. on 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 latest subscription status updates on Career Point IPO!

QIB: 2.15 times
Non-Institutional Investors: 0.14 times
Retail: 0.47 times
Employees: 0.08 times
Overall: 1.27 times

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

QIB: 0.00 times
Non-Institutional Investors: 0.10 times
Retail: 0.12 times
Employees: 0.00 times
Overall: 0.05 times

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

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!

Credit Rating Agency CARE has assigned an IPO Grade 3/5 to the IPO of Career Point Infosystems Ltd., one of the leading providers of tutorial services in India. CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and Grade 5 indicating strong fundamentals. An IPO Grade 3 from CARE indicates Average Fundamentals

Career Point IPO would remain open from Thursday, September 16, 2010 and Tuesday, September 21, 2010. Stay tuned to Indian IPO Blog for more on Career Point Infosystems IPO!

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

Career Point Infosystems Ltd., one of the leading providers of tutorial services in India, is coming up with an IPO which would open for subscription from Thursday, September 16, 2010

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 Ltd.IPO!