CarTrade Tech IPO

IPO Status: Closed [9th Aug 2021 to 11th Aug 2021]

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CarTrade Tech IPO Details

CarTrade Tech, a multi-channel auto platform company is coming up with an IPO of Rs. 2,998 Cr through an offer for sale. The IPO opens for subscription on 9 August and closes on 11 August. IPO price band is fixed at Rs. 1,585-1,618 and lot size is 9 shares. Stay updated here to get a complete update about CarTrade Tech IPO including financials, business overview, GMP, live subscription, allotment, and more.

IPO Issue Opening Date: 9th Aug 2021
IPO Issue Closing Date: 11th Aug 2021
IPO Issue Price: ₹1585-1618
IPO Listing At: BSE, NSE
IPO Category: Mainline
IPO Issue Type: Book Built Issue IPO
IPO Issue Size: ₹2,998 Cr
Offer for Sale: 18,532,216 equity shares of ₹1585-1618 each [Aggreating up to ₹2,998 Cr]
Face Value: ₹10 Per Equity Share
IPO Discount: NA
Market Lot: 9 Shares
Min Retail Qty: 9 shares (1 lot)
Max Retail Qty: 117 shares (13 lots)
Promoter Holding Pre IPO: TBD
Promoter Holding Post IPO: TBD
BSE Code: 543333
NSE Code: CARTRADE
IPO Live GMPIPO Live GMP

About Company - CarTrade Tech

CarTrade Tech is a multi-channel auto platform provider and operates different brands i.e. CarWale, CarTrade, BikeWale, Shriram Automall, CarTrade Exchange, Adroit Auto, and Auto Biz. The platform is used by automotive customers, vehicle dealers, and OEMs to buy and sell various vehicles. The company offers a range of solutions across the transaction value chains for marketing, buying, selling, financing of new and pre-owned cars, 2 wheelers, pre-owned commercial vehicles, etc.

Incorporation Sector IPO Issue Size Website
2000 Automotive Platform ₹2,998 Cr http://www.cartradetech.com/

CarTrade Tech IPO Objective

  • To make an offer for sale of 18,532,216 equity shares of ₹1585-1618 each.
  • To achieve share listing benefits on the stock exchanges; BSE and NSE.

CarTrade Tech IPO Important Dates

In this section we have covered all important dates related to CarTrade Tech IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

CarTrade Tech IPO important dates
IPO Activity Date
IPO Issue Open 9th Aug 2021
IPO Issue Close 11th Aug 2021
Basis of Allotment Finalisation Date* 17th Aug 2021
Refunds Initiation* 18th Aug 2021
Credit of Shares to Demat Account* 20th Aug 2021
IPO Listing Date* 20th Aug 2021

* - Tentative Dates

CarTrade Tech IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 3,706,443 Shares
  • Non-Institutional Investors: 2,779,833 Shares
  • Retail Individual Investor: 6,486,276 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered3,706,4432,779,8336,486,27612,972,552
19th Aug 2021 17:020.01x0.03x0.80x0.41x
210th Aug 2021 17:020.59x0.27x1.53x0.99x
311th Aug 2021 17:0335.45x41.00x2.75x20.29x

CarTrade Tech Financials for past 3 Years

Past performance and financial results of CarTrade Tech.

CarTrade Tech financial
CarTrade Tech Limited Financials 31-Mar-2021 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹1,930.20 Cr ₹1,470.41 Cr ₹1,427.09 Cr ₹1,357.08 Cr
Total Income ₹281.52 Cr ₹318.45 Cr ₹266.81 Cr ₹149.53 Cr
Net Profit/Loss ₹101.07 Cr ₹31.29 Cr ₹25.92 Cr ₹(6.88) Cr

CarTrade Tech IPO Strengths

  • One of the market leaders in automotive sales platforms with a synergic ecosystem.
  • CarWale and BikeWale platform is no. 1 online platform on relative online search popularity.
  • Shriram Automall is a leading platform of vehicle auction in terms of the number of vehicles listed for auction.
  • A comprehensive range of automotive solutions including marketing, buying, selling, financing activities, and more.

CarTrade Tech IPO Threats/Weaknesses

  • The sudden decline in automotive demand amid COVID-19 has significantly affected business performance.
  • Disruption, failure, and technical glitches on the platform will adversely affect business operations.
  • Failure to provide quality content on the top platforms like CarWale and BikeWale will materially decline traffic and ultimately revenues and profitability.

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@
  NRI Form ⇒

CarTrade Tech IPO DRHP >>Document

CarTrade Tech IPO RHP >>Document

CarTrade Tech IPO Allotment Status >>Link

Company Address

CarTrade Tech Limited
12th Floor, Vishwaroop IT Park, Sector 30A
Vashi, Navi Mumbai ,Maharashtra-400 705
India
Website: http://www.cartradetech.com/
Phone: +91 22 6739 8888
Email: [email protected]

CarTrade Tech IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: http://www.linkintime.co.in
Phone: +91-22-4918 6270
Email: [email protected]

CarTrade Tech IPO Lead Manager

  1. Kotak Mahindra Capital Company Limited
  2. Citigroup Global Markets India Private Limited
  3. Nomura Financial Advisory And Securities (India) Pvt Ltd
  4. Axis Capital Limited
CarTrade Tech IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for CarTrade Tech? Should I apply in CarTrade Tech IPO?

Last Updated on 2021-08-20T11:41:22+00:00

CarTrade Tech IPO FAQs

  1. 1. How to subscribe CarTrade Tech IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase CarTrade Tech IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply CarTrade Tech IPO with Zerodha.

    Alternate approch to apply in CarTrade Tech IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    CarTrade Tech IPO Review and Important Updates

    Other relevant questions :

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  2. 2. How to apply in CarTrade Tech IPO online?

    Apply in CarTrade Tech IPO online

    To subscribe or apply in CarTrade Tech IPO, you can use the following methods:

    CarTrade Tech IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in CarTrade Tech IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in CarTrade Tech IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in CarTrade Tech IPO. Most of the Syndicate Banks provide access to apply in CarTrade Tech IPO via ASBA process. You must have your net banking access, DP ID information to apply in CarTrade Tech IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in CarTrade Tech IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    CarTrade Tech IPO Review and Important Updates

    Other relevant question on same topics are:

    Where to subscribe CarTrade Tech IPO? Where to apply for CarTrade Tech IPO? How to subscribe CarTrade Tech IPO online? CarTrade Tech IPO where to apply? Where to buy CarTrade Tech IPO online? How to buy CarTrade Tech IPO online? How to purchase CarTrade Tech IPO? How to get CarTrade Tech IPO? How to book CarTrade Tech IPO? How to invest CarTrade Tech IPO? CarTrade Tech IPO kaise buy kare?

     

  3. 3. How to download online application form for CarTrade Tech IPO?

    Applying in CarTrade Tech IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download CarTrade Tech IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

    For more details on how to use UPI payment method to apply CarTrade Tech IPO, please refer article >> Link

    CarTrade Tech IPO Review and Important Updates

    Steps to download the online application form for CarTrade Tech IPO

    • Step1:Click here.
    • Step2: Click on “Bid-cum Application Form Download
    • Step3: Above Step will open an online form.
    • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
    • Step5: Fill bid details - min 9 and max 117 shares (13 lots).
    • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
    • Step7: This will fill your application online and give you a pdf file.
    • Step8: Take a print of this document and go to your bank for UPI transactions.
    • Or

    • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

    Other relevant questions:

    How to fill CarTrade Tech IPO form? How to fill CarTrade Tech IPO form online? CarTrade Tech IPO online form? CarTrade Tech IPO online form fill up? CarTrade Tech IPO blank form download? CarTrade Tech IPO bid form? CarTrade Tech IPO full form? CarTrade Tech IPO form nse? CarTrade Tech IPO form bse? CarTrade Tech IPO form online? CarTrade Tech IPO form print? CarTrade Tech IPO application amount?

     

  4. 4. What is the listing date of CarTrade Tech IPO?

    CarTrade Tech IPO is going to be list on 20-08-2021. NSE Code for CarTrade Tech is CARTRADE. BSE Code for CarTrade Tech is 543333.

    Other relevant questions:

    When CarTrade Tech IPO will be listing? CarTrade Tech IPO NSE listing date?CarTrade Tech IPO date of listing.CarTrade Tech IPO BSE listing date?

     

  5. 5. When CarTrade Tech IPO will be allocated?

    CarTrade Tech IPO Allotment Date is 17-08-2021.

    Other relevant questions:

    CarTrade Tech IPO share allotment date?CarTrade Tech IPO allotment date?

     

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User Comments

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5. Prakash mer  7/28/2021 9:02:52 PM Reply
CarTrade Tech IPO expected listing gain.
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4. MUKESH   7/28/2021 9:02:52 PM Reply
Please confirm CarTrade Tech IPO GMP (grey market premium) and kostak.
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3. Ajit  7/28/2021 9:02:52 PM Reply
CarTrade Tech IPO good or bad.
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2. atul singh  7/28/2021 9:02:52 PM Reply
CarTrade Tech IPO whether to invest or not.
avatar
1. Mohammad kaleem  7/28/2021 9:02:52 PM Reply
CarTrade Tech IPO - CRISIL Rating, Apply or not?.






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