CarTrade Tech Limited

Offer PeriodAug 09, 2021 – Aug 11, 2021

Aug 09, 2021 – Aug 11, 2021

MainBoardListed

Listed Price:

₹1,599.80

(-1.12%)

Price Band₹1585 - ₹1618

Lot Size9 Shares

Allotment DateAug 17, 2021

Listing DateAug 20, 2021

Subscription-

Issue Size₹2999.00 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹140
(8.65%)

Premium (ELP)

CarTrade Tech Limited's successfully completed its Initial Public Offering and commenced trading on Aug 20, 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 Aug 09, 2021 to Aug 11, 2021.

Share allotment was finalized on Aug 17, 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

IPO Date

Aug 09, 2021 to Aug 11, 2021

Allotment Date

Aug 17, 2021

List Date

Aug 20, 2021

Lot Size

9 share

Issue Price

₹1585 - ₹1618

Issue Size

1,85,32,216 (aggregating up to 2999.00 Cr)

Fresh Issue

Offer For Sale

1,85,32,216 (aggregating up to 2998.51 Cr)

Listing At

NSE, BSE

Share Holding Pre-Issue

4,58,34,067

Share Holding Post-Issue

4,58,34,067

Market Marker Portion

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

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.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	9	14,562
sHNI	14	126	2,03,868
bHNI	69	621	10,04,778

IPO Reservation

Shares1,85,32,246

QIB

38.46%(92,66,107)

Anchor

23.08%(30)

NII (HNI)

11.54%(27,79,833)

RETAIL

26.92%(64,86,276)

Total

100.00%(1,85,32,246)

CarTrade Tech IPO Key Performance Indicators

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KPI

KPI
No data

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Company Financials (In Lakhs)

Period Ended	Mar-21	Mar-20	Mar-19

Period Ended	Mar-21	Mar-20	Mar-19
Assets	19,301.99	14,704.06	14,270.94
Revenue	2,815.23	3,184.45	2,668.05
Net Worth	0	0	0
Total borrowing	0	0	0
Profit after tax	1,010.74	312.94	259.17
Reserves and Surpluses	0	0	0

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

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

⚠️CarTrade Tech IPO Risk Factors

🏦CarTrade Tech IPO Lead Manager(s)

Axis Capital LimitedCitigroup Global Markets India Private LimitedKotak Mahindra Capital CompanyNomura Financial Advisory And Securities (India) Private Limited

👤CarTrade Tech IPO Promoter(s)

🏢CarTrade Tech IPO Company Details

CarTrade Tech Limited

Email:investor@cartrade.com

Phone:+91 22 6739 8888

Website:http://www.cartradetech.com/

address:12th Floor, Vishwaroop IT Park, Sector 30A Vashi, Navi Mumbai 400 705, Maharashtra, India

📋CarTrade Tech IPO Registrar

Link Intime India Private Limited

Name:Link Intime India Private Limited

Phone:+91-22-4918 6270

Email:cartrade.ipo@linkintime.co.in

Website:https://linkintime.co.in/Initial_Offer/public-issues.html

❓CarTrade Tech IPO FAQs

CarTrade Tech IPO is a main-board IPO of 0 equity shares of the face value of ₹10 per share aggregating up to ₹2998.51 crore shares. The issue is priced at ₹1585 - ₹1618 per share. The minimum order quantity is .The IPO opens on Aug 09, 2021, and closes on Aug 11, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.

Zerodha customers can apply online in CarTrade Tech IPO using UPI as a payment gateway. Zerodha customers can apply in CarTrade Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in CarTrade Tech IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'CarTrade Tech IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The CarTrade Tech IPO opens on Aug 09, 2021 and closes on Aug 11, 2021.

You can apply in CarTrade Tech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for CarTrade Tech IPO will be done on Aug 17, 2021, and the allotted shares will be credited to your demat account by Aug 17, 2021

CarTrade Tech IPO's listing date is Aug 20, 2021.

CarTrade Tech Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹140(8.65%)

Premium (ELP)

₹140
(8.65%)