Credit Analysis & Research Ltd IPO (CARE IPO) Detail

Dec 7, 2012 - Dec 11, 2012

Incorporated in 1993, Credit Analysis & Research Ltd (CARE) is the second largest full-service credit rating company in India. CARE offers rating and grading services across a diverse range of instruments and industries including IPO grading, equity grading, and grading of various types of enterprises, including shipyards, maritime training institutes, construction companies and rating of real estate projects, among others. They also provide general and customized industry research reports.

CARE's existing shareholders include domestic banks and financial institutions, such as IDBI Bank, Canara Bank, SBI and IL&FS etc. Company's list of clients includes banks and other financial institutions, private sector companies, central public sector undertakings, sub-sovereign entities, small and medium enterprises and micro-finance institutions.

They are the leading credit rating agency in India for IPO grading having graded the largest number of IPOs since the introduction of IPO grading in India. CARE Ratings has completed over 19069 rating assignments having aggregate value of about Rs. 44051 bn (as of September 30, 2012), since its inception in April 1993.

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31-Dec-1231-Mar-1131-Mar-1031-Mar-0931-Mar-08
Total Income2,171.931,722.551,520.26999.31549.11
Profit After Tax (PAT)1,157.02879.49856.90523.99266.85

Objects of the Issue:

The objects of the issue are to:

1. Carry out sale of 7,199,700 Equity Shares by the Selling Shareholders; and
2. To achieve the benefits of lisitng the Equity Shares on the Stock Exchanges.

CARE IPO Details

IPO Opening DateDec 7, 2012
IPO Closing DateDec 11, 2012
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹700 to ₹750 per equity share
Market Lot20 Shares
Min Order Quantity20 Shares
Listing AtBSE, NSE
Issue Size7,199,700 Eq Shares of ₹10
(aggregating up to ₹539.98 Cr)

CARE IPO Lot Size

The CARE IPO market lot size is 20 shares. A retail-individual investor can apply for up to 13 lots (260 shares or ₹195,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum120₹15,000
Maximum13260₹195,000

(Credit Analysis & Research Ltd) CARE IPO Grading

CARE, being a credit rating company in India, is exempted by SEBI from obtaining the IPO grading for its Initial Public Offer. None of the rating companies including CRISIL, FITCH or ICRA graded CARE IPO.

CARE IPO Subscription Status (Bidding Detail)

The CARE IPO is subscribed 40.98x times on Dec 11, 2012 23:00. The public issue subscribed 6.18x in the retail category, 45.80x in the QIB category, and 110.96x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

45.80x

NII

110.96x

RII

6.18x

Total

40.98x

CARE IPO Prospectus

CARE IPO Rating

292
3.9
Rating:Rated 3.9 stars

Vote Here ...

CARE IPO Listing Date

Listing DateWednesday, December 26, 2012
BSE Script Code534804
NSE SymbolCARERATING
Listing InB Group of Securities
ISININE752H01013
IPO Price₹750 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹750.00
₹949.00
₹896.20
₹986.20
₹923.95
4,824,676
NSE
₹750.00
₹940.00
₹895.00
₹985.00
₹922.55
10,188,263

CARE IPO Reviews / Ratings

Company Contact Information

Credit Analysis & Research Ltd
4th Floor, Godrej Coliseum,
Somaiya Hospital Road, Off Eastern Exp Highway,
Sion (East), Mumbai 400 022

Phone: (91 22) 6754 3456
Email: investor.relations@careratings.com
Website: http://www.careratings.com

CARE IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: care.ipo@karvy.com
Website: https://karisma.kfintech.com/

CARE IPO FAQs

  1. What is CARE IPO?

    CARE IPO is a main-board IPO of 7,199,700 equity shares of the face value of ₹10 aggregating up to ₹539.98 Crores. The issue is priced at ₹700 to ₹750 per equity share. The minimum order quantity is 20 Shares.

    The IPO opens on Dec 7, 2012, and closes on Dec 11, 2012.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When CARE IPO will open?

    The CARE IPO opens on Dec 7, 2012 and closes on Dec 11, 2012.

  3. What is the lot size of CARE IPO?

    CARE IPO lot size is 20 Shares and the minimum order quantity is 20 Shares.

  4. How to apply for CARE IPO?

    You can apply in CARE IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When CARE IPO allotment?

    The finalization of Basis of Allotment for CARE IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the CARE IPO allotment status.

  6. When is CARE IPO listing date?

    The CARE IPO listing date is on Wednesday, December 26, 2012.

CARE IPO Message Board

Ranked Members  Ranked Members

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293. THINK SMARTLY |Jan 24, 2013 08:57
V Mart Retail IPO Opens on 1st February & Closes on 5th February
Price Band Rs. 195 to 215
292. Athar |Jan 24, 2013 07:33
Dear Shreedhar Sir,Wishing You A Many More Happy Returns Of The Day(23-01-2013) Sir
291. kisor Jha |Jan 24, 2013 07:25
Hi Sreedhar,

Many-Many Happy Returns of the day (23rd Jan). May God bless you and your family.

regds,
ajay
290. Rajkot Special |Jan 18, 2013 09:29
Credit Analysis & Research Ltd Will Held Board Meeting And Declare
Q-3 Of 31/12/2012 Result On 28/01/2013 As Per BSE Website.
http://www.bseindia.com/corporates/ScripWiseCorpAction.aspx?scrip_cd=534804
289. Rajkot Special |Jan 18, 2013 09:26
Credit Analysis & Research Ltd Will Held Board Meeting And Declare Q-3 Of 31/12/2012 Result On 28/01/2013 As Per BSE Website.
288. Rajkot Special |Jan 6, 2013 11:27
P C Jewellers IPO get a smart return during a week.
But smart Ipo Care Rating not interested in a week.
Bharti Infratel IPO doing recovered from loss in a week.
Expert say that arket is going high bottom and overbought position
If market will correct from this level.
I get 20 share of Care Rating IPO @750/-
What can i do?
Hold/Sold/Buy at this level?
287. SOMPRASH |Jan 3, 2013 19:12
Please hold for really long term to gain handsome profit.
286. Rajkot Special |Jan 3, 2013 13:56
Any Investor Suggest Me For Care Ipo Hold/Buy/Sell of Ipo Price 750 and today is 950/-?
285. live lovelaugh |Dec 30, 2012 09:21
AXIS BANK LTD(escrow bankers)and ANGEL BROKING LTD have shockingly credited my amount to somebody else application of CARE ipo ,whose cheuqe bounced and this person got allotment on bounced cheuqe .very shameful ,poor staff AXIS BANK and angel broking ltd have.
284. S.kumars |Dec 29, 2012 18:33
i dont have remember his name who advised in this forum for apply minimum lot for care since rules change,but latter he changed on others coment but i bid to minimum lot,and get alloted,other who prevent me and advised for maximum lot unable to get allotment.i thanks to him.
283. ARCHIT SHAH |Dec 29, 2012 18:22
dear all,

Sebi had taken good steps.

first price discovery in first hour and 20% circuit limit.
second share allotment method.

Now these steps increas the faith in primary market.

282. TEJENDRA SINGH SHEKHAWAT |Dec 29, 2012 16:56
SELVA RAJ,
MANY THANKS,I HAD APPLIED FOR 1 LOT IN THREE DMAT A/C ASPER SREEDHAR ADVICE THROUGH YOU IN CARE& PC.I DIDNOT GET ANY ALLOTMENT IN CARE BUT GOT ALLOTED IN PC IN ALL THREE AND SOLD AT 143.00 ON LISTING.PLZ CONVEY MY REGARDS TO SREEDHER & THANKS TO YOU.
FROM TS
281. Mahadevan Krishnamoorthy |Dec 29, 2012 09:52
By changing the rules SEBI has made uncertain the allotment of shares
to us.Whether you apply for one lot or full we are not sure of getting shares.Allotment by lottery only.They must see that each invester gets
some shares.I applied for 140 shares for CARE but I didnot get anything
I thing this is the case for many..
280. Ipo tracker |Dec 26, 2012 20:23
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
With many learning about ridiculous new method, nobody will be foolish to apply for more than one lot as a result even good & big size issue''s retail portion will find it difficult to get fully subscribed. If quality co. like care had only around 3.18 retail applicants, max. any issue can have is 4 to 5 lacs retail applicants, average lot size being rs15000, co.''s wont raise more than 750 cr. Advantage hni''s & qib''s as spillover will go to them. Let sebi learn a lesson at tgat time
280.1. gemipofinder |Dec 27, 2012 08:52
THERE WILL BE NO SPILL-OVER,

becain any issue it is impossible that all retailers applied for min lot size, there will be always some SMART or FOOL investor who will apply for more than min lot and will gain if something left after alloting min lot to every applicant.
279. AYUSH AGGARWAL |Dec 26, 2012 19:56
THANX ARTI BUT SIGNING AGREEMENT DOES NOT MEAN THAT KOTAK SECURITIES CAN LOOT THEIR CLIENTS
278. anshul k |Dec 26, 2012 19:35
HURRAY!!!!

SEBI new method of allotment is rocking. I applied from 6 applications of 2 lots and received 4 lots. I sold at avg price of 915 approx.
New method is really good, if it was old method than on full application I got the one lot only as it was with MCX.
278.1. anshul k |Dec 26, 2012 19:39
Hey wait, but I am also sad with the people who applied with full application and didn''t receive any lot. Yes it seems there need some improvement in this method. I also don''t want to play the "Jua" with every IPO. If SEBI make enhancement that every investor (lucky and unlucky both) got some share that will be good one. I don''t think I will be that much lucky next time.
277. Manoj sampat |Dec 26, 2012 19:26
I DONT KNOW WHETHER MY SHARE IS SOLD OR NOT BY KOTAK ALREADY COMLAIN SEBI
277.1. AYUSH AGGARWAL |Dec 26, 2012 19:57
CAN YOU SEND ME THE APPLICATION U HAVE SEND TO SEBI AND E-MAIL ID
my id is getayush@gmai.com
276. live lovelaugh |Dec 26, 2012 18:43
my application no 13065587 submitted at ANGEL BROKING LTD on 11/12/12 with cheque passed on 13/12/12 is still not traceable. karvy is giving vague answers like cheque bounced ,signature mismatch etc.neither refund nor allotment till date.scanned copies of bank statement etc sent today to care,karvy,nse,bse.
275. Arti |Dec 26, 2012 16:59
Dear AYUSH Aggarwal,
Do not waste your time to complain any body. you will be allowed to sell the shares tomorrow. It is setting between company, some brokers, other authorities. Legally you have accepted the terms and conditions, which states that KOTAK sec is not responsible for any loss you incured in dealing with stock market due to any technical problem with kotak securitis terminal. This is very normal with ICICI direct and other. Next time make sure you have plan B ready.

arti
274. Chem cho |Dec 26, 2012 11:24
IPO Guru IPO Guru (2100+ Posts, 2200+ Likes)
KOTAK SECURITIES PROBLEM PHONE THEIR CUSTOMER CARE CENTER TODAY TO SELL AND THEN WRITE TO SEBI IF MATTER IS NOT RESOLVED







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