MoneyWorks4Me

Career Point invests Rs 13.55 crore in Srajan Capital

31 Mar 2017 Evaluate

Career Point has invested Rs 13.55 crore in its wholly owned subsidiary Srajan Capital by subscribing for 5 lakh equity shares at issue price of Rs 100 per share as well as subscribing for 8.55 lakh 10% Optionally Convertible Non-Cumulative Redeemable Preference Shares (OCRPS) at issue price of Rs 100 per OCRPS.

Career Point caters to the needs of a student throughout the life cycle of a student (KG. to PhD.) while operating in both the Formal and Informal education streams. In the informal Education system, Career Point has established a strong niche in test preparation and school curriculum tutoring.

Peers
Company Name CMP
Physicswallah 132.80
Crizac 185.95
Veranda Learning Sln 228.75
Zee Learn 6.78
CL Educate 54.66
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