Career Point IPO Basis of Allotment

CAREER POINT INFOSYSTEMS LIMITED

Our Company was incorporated as public limited company on March 31, 2000, under the Companies Act, 1956. We received certificate of commencement of business issued by, Registrar of Companies, Jaipur on April 11, 2000. For details of change in the registered office of our Company, please see section titled 'History and Certain Corporate Matters' at page 134 of the Prospectus.
Registered Office: 112B, Shakti Nagar, Kota - 324 009, Rajasthan, India. Tel: +91 744 2500492, 2500092;
Fax: +91 744 2500892.
Corporate Office: CP Tower, Road No. 1, IPIA, Kota - 324 005, Rajasthan, India. Tel: +91 744 3040000;
Fax: +91 744 3040000.
Website: www.careerpointgroup.com
Company Secretary and Compliance Officer: Mr. Tarun Kumar Jain; Email: ipo@careerpointgroup.com

*Based on Eligible Employee Discount, the Issue Price for Eligible Employees is Rs. 295 per Equity Share

ELIGIBLE EMPLOYEES, WHOSE BID AMOUNT DOES NOT EXCEED RS. 100,000 WILL BE GIVEN A DISCOUNT OF RS. 15 PER EQUITY SHARE TO THE ISSUE PRICE ("ELIGIBLE EMPLOYEE DISCOUNT"). HOWEVER, THEY SHALL BID WITHIN THE PRICE BAND AND THEIR BID AMOUNT SHALL BE COMPUTED AND MUST BE DEPOSITED WITHOUT FACTORING IN THE ELIGIBLE EMPLOYEE DISCOUNT.

Pursuant to Rule 19(2)(b) of the Securities Contract Regulation Rules, 1957 ("SCRR"), this being an Issue for less than 25% of the post Issue share capital, the Issue is being made through the Book Building Process wherein at least 60% of the Net Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers ("QIBs"). Provided that, the Company may, allocate up to 30% of the QIB Portion to Anchor Investors at the Anchor Investor Allocation Price on a discretionary basis, out of which at least one-third will be available for allocation to Mutual Funds only ("Anchor Investor Portion"). In the event of under-subscription in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB portion. 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder shall be available for allocation on a proportionate basis to QIBs including Mutual Funds, subject to valid Bids being received from them at or above the Issue Price. If at least 60% of the Net Issue cannot be allotted to QIBs, then the entire application money will be refunded forthwith. In addition, in accordance with Rule 19(2)(b) of the SCRR, a minimum of two million securities are being offered to the public and the size of the Issue shall aggregate to at least Rs. 1,000 million. Further, not less than 10% of the Net Issue shall be available for allocation on a proportionate basis to Non Institutional Bidders and not less than 30% of the Net Issue shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received from them at or above the Issue Price. Further, upto 65,000 Equity Shares shall be available for allocation on a proportionate basis to Eligible Employees, subject to valid Bids being received at or above the Issue Price.

The Issue received 160,583 applications for 153,132,820 Equity Shares resulting in 41.2443 times subscription. The details of the applications received in the Issue from Qualified Institutional Buyers, Non-Institutional, Retail Individual Investor, Anchor Investors and Employee categories are as under: (Before technical rejections) (including ASBA Applications).

* Excludes one anchor application not considered on account of funds being received late by the escrow collection bank.

Final Demand

The final demand at different bid prices as per the BSE and NSE as on the Bid/Issue closing date is as under:

The Basis of Allocation was finalized in consultation with the Bombay Stock Exchange Limited ("BSE") on October 1, 2010.

A. Employees (After Technical Rejections) (including ASBA applications)
The Basis of Allocation to the employees, who have bid at cut-off or at the Issue Price of Rs. 310 per Equity Share (Rs. 15 discount on the Issue price was given to the employees and hence the net issue price for this category is Rs.295 per Equity Share), was finalized in consultation with BSE. This category has been under subscribed to the extent of 0.9428 times. The total number of Equity Shares allotted in this category is 61,280 Equity Shares to 222 successful applicants. The under subscribed portion of 3,720 Equity Shares at Rs. 295 i.e. 3,540 Equity Shares at Rs. 310 (3,720 x 295 / 310) have been spilled over to QIBs (2,124 Equity Shares), Non-Institutional Bidders (354 Equity Shares) and Retail Individual Bidders (1,062 Equity Shares). The category-wise details of the Basis of Allotment are as under:

B. Allocation to Retail Individual Investors (After Technical Rejections) (Including ASBA Applications)
The Basis of Allocation to the Retail Individual Investors, who have bid at cut-off or at the Issue Price of Rs. 310 per Equity Share, was finalized in consultation with BSE. This category has been over subscribed to the extent of 31.8005 times. The total number of Equity Shares allotted in Retail Individual Investor category is 1,095,420 Equity Shares to 54,771 successful applicants. As per the Red Herring Prospectus, the spill over portion from Employee Category was 1,062 Equity Shares. The category-wise details of the Basis of Allotment are as under:

C. Allocation to Non Institutional Investors (After Technical Rejections) (including ASBA applications)
The Basis of Allocation to the Non-Institutional Investors, who have bid at the Issue Price of Rs. 310 per Equity Share, was finalized in consultation with BSE. This category has been over subscribed to the extent of 106.1704 times. The total number of Equity Shares allotted in this category is 365,124 Equity Shares to 189 successful applicants. As per the Red Herring Prospectus, the spill over portion from Employee Category was 354 Equity Shares. The sample of category-wise details of the Basis of Allotment are as under:

D. Allocation to QIBs (including ASBA applications)
Allocation to QIBs has been done on a proportionate basis in consultation with BSE. As per the SEBI regulations, Mutual Funds were initially allocated 5% of the quantum of Equity Shares available (76,739 Equity Shares), including Spill over from Employee Category to the extent of 106 Equity Shares and other QIBs and Mutual Funds were allocated (1,458,039 Equity Shares) on proportionate basis, including Spill over from Employee Category to the extent of 2018 Equity Shares, on proportionate basis.

E. Allocation to Anchor Investors

The Company allotted 656,040 Equity Shares to 10 Anchor Investors in consultation with the Book Running Lead Managers.
The IPO Committee of the Company at it's Meeting held at Kota on October 1, 2010 has taken on record the basis of allocation of Equity Shares approved by the Designated Stock Exchange viz., Bombay Stock Exchange Limited and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The CAN-cum-Refund Orders and allotment advice and/ or notices have been dispatched to the address of the investors as registered with the depositories on October 4, 2010. Further, the instruction to Self Certified Syndicate Banks (SCSBs) has been dispatched on October 1, 2010. In case the same is not received within ten days, investors may contact at the address given below. The refund orders have been over-printed with the Bank Account details as registered, if any, with the depositories. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited on October 6, 2010.

All future correspondence in this regard may kindly be addressed to the Registrars to the Issue quoting full name of the First/ Sole applicant, Serial number of the bid-cum-application form, number of Equity Shares bid for, name of the Member of the Syndicate and Place where the bid was submitted and payment details at the address given below:

LINK INTIME INDIA PRIVATE LIMITED
C-13 Pannalal Silk Mills Compound, L.B.S. Marg,
Bhandup (West), Mumbai 400 078
Tel.: +91 22 2596 0320, Fax: +91 22 2596 0329
Email ID: cpil.ipo@linkintime.co.in