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CarTrade Tech Limited IPO

CarTrade Tech Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 1,599.80 (-1.12%)

CarTrade Tech Limited's successfully completed its Initial Public Offering and commenced trading on 20-08-2021 at the NSE, BSE exchange. The company raised 1,85,32,216 Shares through this public offering, comprising TBD in fresh capital and ₹2998.51 Cr through the Offer for Sale mechanism.

The IPO was priced within the band of ₹1,585 to ₹1,618, with minimum application lots of 9 shares. The offering attracted significant investor interest during its subscription period from 09-08-2021 to 11-08-2021.

Share allotment was finalized on 17-08-2021, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

CarTrade Tech IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
CarTrade Tech IPO Key Performance Indicator
Company Financials ( In Lakhs )

CarTrade Tech IPO About Company

Incorporated in 2000, CarTrade Tech Ltd is a multi-channel automotive platform company operating brands like CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The company connects new and used vehicle buyers, dealers, OEMs, and other businesses, offering end-to-end solutions across automotive transactions, including buying, selling, marketing, financing, and related services.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


CarTrade Tech IPO Strength Factors

  1. Leading Automotive Platform: Offers a synergistic ecosystem for vehicle sales.
  2. Multiple Brands: Operates CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, AutoBiz, and more.
  3. Comprehensive Services: Covers buying, selling, financing, marketing, and other automotive services.
  4. Profitable & Scalable: Business model designed for growth and profitability.

CarTrade Tech IPO Risk Factors

NA


CarTrade Tech IPO Lead Manager(s)

  • Axis Capital Limited
  • Citigroup Global Markets India Private Limited
  • Kotak Mahindra Capital Company
  • Nomura Financial Advisory And Securities (India) Private Limited

CarTrade Tech IPO Promoter(s)

NA


CarTrade Tech IPO Company Details

CarTrade Tech Limited
Phone:
address:

CarTrade Tech IPO Registrar

Link Intime India Private Limited
Name:
Phone:

CarTrade Tech IPO FAQs