Career Point Infosystems Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,188,694 (59%) | — | ₹6,785 Cr |
| NII (HNI) | — | 364,782 (10%) | — | ₹113 Cr |
| Retail | — | 1,094,346 (29%) | — | ₹3,392 Cr |
| Employee | — | 65,000 (2%) | — | ₹20 Cr |
| Σ Total | — | 3,712,822 (100%) | — | ₹115,097 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹6,200 |
| Retail (Max) | 13 | 260 | ₹80,600 |
| S-HNI (Min) | 14 | 280 | ₹86,800 |
| B-HNI (Min) | 67 | 1,340 | ₹415,400 |
Financial Statements Amount in ₹ Crore
| Metric | * 30-Sep-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 34 | 49 | 41 |
| Profit After Tax | 10 | 16 | 15 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet the costs of construction and development of an integrated campus facility. – 68.25
- 2 Expansion of classroom infrastructure and office facility. – 16.48
- 3 Acquisitions and other strategic initiatives. – 15.00
- 4 General corporate purposes –
Company Overview
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.