Career Point Infosystems Ltd IPO Message Board (Page 34)

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APPLY IN VA TACH

Dear All,

JM Financial closed another IPO last night with a BANG! Once again it was asserted that great things do come in small packages....

JM Financial along with Centrum Capital managed the Rs 115 Crores IPO for Career Point Infosystems Limited

Books Opened on September 16th and closed on September 22.....the books were built at a price band of Rs. 295 - 310 with almost all orders coming at Rs 310. Anchor book opened and closed on September 15, 2010

Key Deal Highlights:

1. Anchor Book: The Anchor Book with a size of Rs 20.3 crores saw demand of over Rs 150 Crores, being oversubscribed 7.4x times. The book was very well represented by large investors like DSP Blackrock, Birla MF, GSAM, Sundaram, Helios, Axis MF... reinstating the fact that the quality issue, despite of being a small offering, draws the best of the investors on the street.

2. The QIB Bucket, with a size of Rs. 47 crores, witnessed stupendous demand of more than Rs. 2300 crores, being oversubscribed 49.9x times. The book saw a huge demand by FIIs as well as domestic mutual funds and banks.

Detailed QIB demand breakup is as below (Excluding ASBA) :

JM : 63%

Centrum : 37%

3. HNI - Bucket size of Rs. 10.5 crores witnessed strong demand, having hit the century in oversubscription numbers. Finally the oversubscription in HNI category closed at 107 times

4. Retail Book - Retail Bucket of Rs 34 crores witnessed a demand of Rs 1000 crores resulting in 33x subscriptions, Aprroximate 2.0 lac applications came into the issue.

5. Overall Book - On an overall basis, the book was covered 49.8x and total demand generated was approx Rs 5,000 Crores for a Rs 115 Crore Issue.

The pricing for the transaction will be finalized by September 27, 2010.

Congratulations to the entire team for another successful deal!

is it prfitable to invest

i have applied for 1 lakh and since the applications at cut off is less in retail category, what are the chances of the allotment for full application?

i have applied for 8 lots(Rs50000 application). Can anyone please tell me what are the chances of getting any allotment?

Wow, What a tremendous over subscription by the career point info ltd, I think it is a great chance to be listed in the market at Rs 400/- it may go on intraday levels at 450 levels.

very few people will get allotment. Haeavy speculation seen in this stock. but nobody get any chance to get good return.so advice to stop payment in this IPO and try in another IPO

307. Anonymous

1/6 or 10 aut of 62 chance of getting any allotment. approx 16-18 shares.

i have applied for 5 lot man 100 shares is ther any chance of allottment.

DEar Members Kindly withdraw from Career as Allotment Ratio is 1:1 for 1 Lac Appl. Chances are less of allotment & if alloted 20 Shares
how much profit will you make? 20 Shares X 150/- Maximum GaIN WILL BE 3000/- for 1 Lac Appl. Withdraw at the earliest & keep funds for other GOOD IPO like Sea TV/Va Tech/ Techpro.

DEAR ALL,

CAREER ME 2 FULL APPLICATION KO MILENGE SHARE FIR BAD ME 1 APPLICATION DROP HO JAYEGI............RIGHT?
KYA KARE WITHDRAW OR RAHNE DE?
HELP

THX

Buyers for Carrer Point @ 415-415.

CAREER POINT INFOSYSTEMS LTD

Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 1610586 76422000 47.45
1(a) Foreign Institutional Investors (FIIs) 39831720
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 22532380
1(c) Mutual Funds 13649200
1(d) Others 408700
2 Non Institutional Investors 383329 39073880 101.93
2(a) Corporates 28027720
2(b) Individuals (Other than RIIs) 9869640
2(c) Others 1176520
3 Retail Individual Investors (RIIs) 1149992 36496040 31.74
3(a) Cut Off 32349080
3(b) Price Bids 4146960
4 Employee Reservation 65000 69380 1.07
4(a) Cut Off 13780
4(b) Price Bids 55600

2:1 per one lakhs appli

LATEST GREY MARKET PREMIUM
EROS : 40 PER SHARE PREMIUM
CARERR POINT :135 PER SHARE
MICROSEC : 22 PER SHARE
VA-TECH :330 PER SHARE
ELECTROSTEEL :1.25PER SHARE
ORIENT :NO RATE

Friends,
Subscription details:
QIB: 47.45
HNI: 101.93
Retail: 31.74

i was stop payment my cheques 6 application by internet.

@294..idiot aryanraj....
d cut-off bids are only allowed in the retail category..all the QIB's & HNI's hav to make compulsory price bids...so it wil always show lesser no. of bids at the cut-off price...make sure u read a lot b4 u write anythg...

i withdraw all my application from career point infosystems, because of heavy subscription

see this link

http://www.moneycontrol.com/news/ipo-issues-open/career-point-ipo-subscribed-46-times-eros-intl-26-times_485991.html