Business Standard

Career Point Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

115.00 cr

Price Range (₹)

310

Lot Size

20

Min Investment (₹)

6,200.00

Listing Exchange

MumbaiNSE

Open Date

16-Sept-2010

Close Date

21-Sept-2010

Listing Date

06-Oct-2010

Career Point Ltd News

    The Shares of Career Point Ltd have now been listed.

    Career Point Ltd IPO Details

    Public issue of 3,712,822 equity shares of face value of Career Point Infosystems Limited (The Company or The Issuer) for cash at a price of Rs. 310* per equity share (including a share premium of Rs. 300 per equity share), aggregating upto Rs. 115.00 crores (The Issue). The issue includes a reservation of upto 65,000 equity shares of Rs. 10 each for the eligible employees (The Employ Reservation Portion). The issue less the employee reservation portion is referred to as the Net Issue. The issue shall constitute 20.48% of the fully diluted post-issue paid-up capital of the company.Issue price: Rs. 310* per equity share of face value Rs. 10 eachThe issue price is 31 times the face value*Based on eligible employee discount, the issue price for eligible employees is Rs. 295 per equity share.

    Objective of issue

    To Construct & develop an integrated campus facil.. Expansion of classroom infrastructure & Office. Acquisitions and other strategic initiatives. To meet expenses towards general corporate purpose.

    Career Point Ltd Contact Details

    Career Point Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@cpil.in

    Website - www.cpil.in