Career Point Infosystems Limited received excellent response for its issue which had opened on the 16th of September and closed for QIB’s on the 20th of September and on 21st September for others. The issue was subscribed 47.39 times overall. The price band was Rs 295-310 and the price band is likely to be Rs 310 looking at the overwhelming response that the issue has received.

The retail portion was subscribed 31.74 times and this kind of response in retail has not been seen for a very long time. This means that there will be a lottery in allotment even for those people who have applied for the maximum of Rs 1 lakh in the retail category.

The details of the subscription are as follows: –