CarTrade IPO date is fixed, the IPO to open on 09 August 2021 and to close on 11 August 2021. It will clash with Nuvoco Vistas IPO. The company to raise the IPO worth Rs.2998 crores. The IPO comprises no fresh issue but offer for sale up to 18,532,216 equity shares of existing share holders. The company was incorporated in 2002 based in Maharashtra. They are multi-channel automobile platform provider in India with well-known brands like CarWale, BikeWale, CarTrade, Shriram Automall, CarTradeExchange, AutoBiz and Adroit Auto. The platform connects to the buyer and seller of used and new vehicles at one place. They are providing solutions like buying, selling, marketing, finance and other automotive transactions. The company has been working since long in the auto market and they are one of the leading company in online buy and sell of used and new vehicles. Check out CarTrade IPO details.
CarTrade IPO Review
- Apply for Short Term & Long Term Gain
CarTrade IPO Date & Price Band
| IPO Open: | 09 August 2021 |
| IPO Close: | 11 August 2021 |
| IPO Size: | Approx Rs.2998.51 Crores |
| Fresh Issue: | Approx Rs.0 Crores |
| Offer for Sale: | Approx Rs.2998.51 Crores |
| Face Value: | Rs.10 Per Equity Share |
| Price Band: | Rs.1585 to Rs.1618 Per Share (Final) |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 18,532,216 Shares |
| Discount: | - Per Equity Shares |
CarTrade IPO Market Lot
The CarTrade IPO minimum market lot is 9 shares with Rs.14,562 application amount. The retail investors can apply up-to 13 lots, 117 shares with Rs.189,306 application amount.
| Minimum Lot Size: | Minimum 9 Shares |
| Minimum Amount: | Rs.14,562 |
| Maximum Lot Size: | Maximum 117 Shares |
| Maximum Amount: | Rs.189,306 |
CarTrade IPO Date, Time Table, Allotment & Listing
The CarTrade IPO date is 09 August 2021 and the IPO close date is 11 August 2021. The allotment date is 17 August 2021 and the IPO may list on 23 August 2021.
| Price Band Announcement: | 02 August 2021 |
| Anchor Investors Allotment: | 06 August 2021 |
| IPO Open Date: | 09 August 2021 |
| IPO Close Date: | 11 August 2021 |
| Basis of Allotment: | 17 August 2021 |
| Refunds: | 18 August 2021 |
| Credit to Demat Account: | 20 August 2021 |
| IPO Listing Date: | 23 August 2021 |
CarTrade Company Financial Report
| Rs. in Crores | |||||
| Assets | Revenue | Expense | PAT | ||
| 2018 | 1357 | 150 | - | -6.88 | |
| 2019 | 1427 | 267 | 231 | 25.92 | |
| 2020 | 1470 | 318 | 280 | 31.29 | |
| 2021 | 1930 | 282 | 235 | 101.07 | |
Company Promoters
- CarTrade Tech is a professionally managed company with no identifiable promoters.
CarTrade IPO Registrar
Link Intime India Private LtdC 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: cartrade.ipo@linkintime.co.in
Website: https://www.linkintime.co.in
Note: Check CarTrade IPO allotment status on linkintime website allotment URL. Click Here
12th Floor, Vishwaroop IT Park, Sector 30A
Vashi, Navi Mumbai 400 705, Maharashtra, India
Phone: +91 22 6739 8888
Email: investor@cartrade.com
Website: http://www.cartradetech.com/
CarTrade IPO Lead Managers
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- Kotak Mahindra Capital Company Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
Company Address
CarTrade Tech Limited12th Floor, Vishwaroop IT Park, Sector 30A
Vashi, Navi Mumbai 400 705, Maharashtra, India
Phone: +91 22 6739 8888
Email: investor@cartrade.com
Website: http://www.cartradetech.com/
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