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Career Point Infosystems Ltd IPO (Career Point IPO) Detail

September 16, 2010 - September 21, 2010

Career Point IPO is a book built issue of Rs 115.00 crores.

Career Point IPO bidding started from September 16, 2010 and ended on September 21, 2010. The shares got listed on BSE, NSE on October 6, 2010.

Career Point IPO price band is set at ₹295 to ₹310 per share. The minimum lot size for an application is 20 Shares. The minimum amount of investment required by retail investors is ₹6,200.

Centrum Capital Limited and Jm Financial Limited are the book running lead managers of the Career Point IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Career Point IPO RHP for detailed information.

Career Point IPO Details

IPO Date September 16, 2010 to September 21, 2010
Listing Date October 6, 2010
Face Value ₹10 per share
Price Band ₹295 to ₹310 per share
Lot Size 20 Shares
Total Issue Size3,712,822 shares
(aggregating up to ₹115.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue14,420,297
Share holding post issue18,133,119

Career Point IPO Reservation

Career Point IPO offers 3,208,907 shares. 1,610,586 (50.19%) to QIB, 383,329 (11.95%) to NII, 1,149,992 (35.84%) to RII, 65,000 (2.03%) to employees. 57,499 RIIs will receive minimum 20 shares and (sNII) and (bNII) will receive minimum 660 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered1,610,586 (50.19%)NA
NII (HNI) Shares Offered383,329 (11.95%)
Retail Shares Offered1,149,992 (35.84%)57,499
Employee Shares Offered65,000 (2.03%)NA
Total Shares Offered3,208,907 (100%)

Career Point IPO Lot Size

Investors can bid for a minimum of 20 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 20 ₹6,200
Retail (Max) 32 640 ₹198,400
Lot Size Calculator

Career Point IPO Promoter Holding

Promoters of the Company are:

1. Mr. Pramod Maheshwari
2. Mr. Om Prakash Maheshwari; and
3. Mr. Nawal Kishore Maheshwari.

Share Holding Pre Issue 75.35%
Share Holding Post Issue 59.92%

About Career Point Infosystems Ltd

Incorporated in 2000, Career Point Infosystems Ltd is one of the leading providers of tutorial services in India. They provide tutorial services to high school and post high school students for various competitive entrance examinations including All India Engineering Entrance Examination, Indian Institute of Technology � Joint Entrance Examination and All India Pre-Medical and Pre-Dental Test.

As of December 31, 2009 they had 14 Company Operated Training Centres and 18 Franchisee Centres and during the nine months period ending December 31, 2009 they have received 30,538 enrollments. Career Point have a team of 210 faculty members as on December 31, 2009 (excluding faculty members of franchisees) comprising of graduates in engineering and science. They have recently forayed into Education Consultancy and Management Services ('ECAMS'), catering to K-12 and Higher Education segments.

Company Financials

ParticularsFor the year/period ended (Rs. in Millions)
* 30-Sep-0931-Mar-0931-Mar-0831-Mar-0731-Mar-0631-Mar-05
Total Income344.63490.36411.66299.7156.9433.86
Profit After Tax (PAT)103.32162.41154.53120.1014.7311.76

Key Performance Indicator

Objects of the Issue (Career Point IPO Objectives)

The objects of the Issue are:

1. to construct and develop an integrated campus facility;
2. expansion of classroom infrastructure and office facility;
3. acquisitions and other strategic initiatives; and
4. to meet expenses towards general corporate purposes.

Career Point IPO Subscription Status (Bidding Detail)

The Career Point IPO is subscribed 47.39 times on September 21, 2010 9:00:00 PM. The public issue subscribed 31.74 times in the retail category, 47.45 times in the QIB category, and 101.93 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Career Point Infosystems Ltd IPO Grading / Rating

CARE has assigned an IPO Grade 3 to Career Point Infosystems Ltd IPO. This means as per CARE company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for Career Point Infosystems Ltd.

Career Point Infosystems Ltd IPO Tags:

Career Point Infosystems Ltd IPO, Career Point IPO, Career Point Infosystems IPO Bidding, Career Point IPO Allotment Status, Career Point Infosystems drhp and Career Point Infosystems Ltd IPO listing.

Career Point IPO Prospectus

Career Point IPO Rating

Rating:Rated 4.1 stars
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Career Point IPO Listing Details

Listing Date October 6, 2010
BSE Script Code 533260
ISIN INE521J01018
Final Issue Price ₹310 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Career Point Infosystems Ltd Contact Details

Career Point Infosystems Ltd
Career Point Infosystems Ltd,
112 B, Shakti Nagar,
Kota � 324 009, Rajasthan, India
Phone: +91 744 2500492, 2500092

Career Point IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Career Point IPO - Buy or Not

Career Point IPO Recommendation Summary

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Members 0 0 0

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Career Point IPO FAQs

Career Point IPO is a main-board IPO of 3,712,822 equity shares of the face value of ₹10 aggregating up to ₹115.00 Crores. The issue is priced at ₹295 to ₹310 per share. The minimum order quantity is 20 Shares.

The IPO opens on September 16, 2010, and closes on September 21, 2010.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Career Point IPO opens on September 16, 2010 and closes on September 21, 2010.

Career Point IPO lot size is 20 Shares, and the minimum amount required is ₹6,200.

You can apply in Career Point 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The Career Point IPO listing date is on October 6, 2010.
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Career Point IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



975. Ajayshare |   Link |  Bookmark |November 17, 2010 5:44:37 PM (200+ Posts)

Is this according 1 lakhs or Rs 2 lakhs ?
974. Manishpa |   Link |  Bookmark |November 1, 2010 1:54:40 PM

I have not received refund for Carrer Point & Eros International.
I lost my application slip & no.

Is there is any other way to chase for refund with Linkintime.

Help .....

973. vishal kohli |   Link |  Bookmark |October 28, 2010 8:53:35 PM
linkintime guys are big cheaters. using our money and not refunding it.
972. vishal kohli |   Link |  Bookmark |October 26, 2010 11:12:44 PM
no still no refund rcvd. something is drastically wrong guys. matter has to be reported at high level.
jaago grahak jaago.
971. AGK |   Link |  Bookmark |October 24, 2010 1:55:46 PM
Wow has a person from Link intime really posted on CG? It seems that the popularity of CG has really skyrocketed!

Kudos to CG and all the responsible boarders :)
970. Anonymous |   Link |  Bookmark |October 24, 2010 1:08:01 PM
All refunds have been made.
Kindly check with your bank if it is an ecs,asba or you can track it through speedpost by the reference no given against your application no.Please dont spread wrong information.

We are very busy with coal india ipo and any complaint would be entertained only after the completion of CIL allotment and refund.


Link Intime India Private Ltd,
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
969. Anonymous |   Link |  Bookmark |October 21, 2010 10:42:38 PM
Yaar still now I havent got my refund for both carrer point and eros international..

Please do post some comment once someone gets the cheque.
Also I cant understand why they are refunding in cheque,it should have credited into the account.
968. Anonymous |   Link |  Bookmark |October 21, 2010 9:30:53 PM
applied 5 app for 100 shares each, not allotted even single
967. Ajayshare |   Link |  Bookmark |October 21, 2010 1:47:07 PM (200+ Posts)
@ 1793: I applied in only nmdc and through short sell i made good money.

I apply only in safe share like Va tech, career, sks, bajaj, and other now coal India.
966. Anonymous |   Link |  Bookmark |October 20, 2010 5:45:06 PM
The Registrars prepared cheques dated 01.10.2010 and are despatching cheques in lots without any date of the Postal authorities after 18.10.2010.All affected should lodge a complaint with SEBI for claiming interest for late refund.,whosoever,will lodge complaint will get interest.Others will be the sufferers.Similar is the case with Eros International.
965. Anonymous |   Link |  Bookmark |October 19, 2010 9:32:14 PM
964. Vishal Kohli |   Link |  Bookmark |October 19, 2010 8:31:09 AM
career point guys are big cheaters. i dont think there is any retail allotment . and now they r using our money and not giving the refund. i think its a serious matter has to be taken further.
963. Anonymous |   Link |  Bookmark |October 18, 2010 8:18:02 PM
have not received refund till 20.10 application number 61342386.They r not bahut poor hai.emails and phone calls.Linkintime ka respose
962. Anonymous |   Link |  Bookmark |October 18, 2010 7:42:40 PM
I have applied for 40 shares. I was neither allotted nor got refund so far (As on 18-10-2010).
961. Anonymous |   Link |  Bookmark |October 18, 2010 10:48:40 AM
Dear Sir,

My Nave Vinod Kumar I have applied 40 share total amount 12400 App No : 14936396. I have not recieved my refund through ECS or by Draft can some body help me for early.
My MB No 9855612092
960. Anonymous |   Link |  Bookmark |October 18, 2010 12:05:23 AM
two applications ofRs.31000 each No.11971304 & 11971477 Refund not
recd till today what now?
959. Anonymous |   Link |  Bookmark |October 17, 2010 10:31:35 PM
I have applied for 100 shares Rs. 31000/- vide appliation No. 11553014 I have neither received allotment nor received refund thorugh ECS or by way of cheque draft. Company is delaying refund. What action I should take please help me
958. Anonymous |   Link |  Bookmark |October 17, 2010 10:29:09 PM
I have applied vide application No. 11553115 for 140 shares Rs. 43400/- till today I have not receivded my refund through ECS or by way of Draft. Can some body help me for early refund.
957. Anonymous |   Link |  Bookmark |October 16, 2010 5:15:07 PM
applied 1 applicatoin vide application No.14735029 for rs 12400/- No ECs Or refund Received So far
956. Anonymous |   Link |  Bookmark |October 16, 2010 5:12:49 PM
Applied 1 application For Rs 12400/-. Neither ECs Or Refund Received So Far can any One help Me. application No.14735029