CarTrade IPO Date, Details, Price, GMP

CarTrade Tech Limited is established in 2000 by Vinay Sanghi and Rajan Mehra are the company founder.Currently, There is a well-managed firm with no visible promoters.

CarTrade IPO :- It is a provider of multi-channel vehicle platforms. The platform links new and used car buyers, vehicle dealers, vehicle OEMs, and other companies to purchase and sell various sorts of automobiles.

The firm provides a wide range of automobile transaction solutions for purchasing, selling, marketing, financing, and other operations. A company having good online platforms like CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz ext.

Competitive advantages

  • Profitable Business Model.
  • Having good market ratio in used car segment over the country.
  • Read :- Upcoming IPO 2021

    CarTrade IPO details
    Subscription Dates 9-11 August 2021
    Price Band 1585- 1618 Rs Per Share
    Offer For Sale 2,998.51 crore
    Fresh issue 0 crore
    Total IPO size 2,998.51 crore
    Minimum bid (lot size) 9 Rs Share
    Face Value 10 Rs share
    Retail Allocation 35%
    Listing On NSE, BSE
    CarTrade IPO Market Lot
    Lot No of Shares Amount
    Minimum 1 9 Shares 14,562 Rs
    Maximum 13 117 Shares 189,306 Rs

    Financial Record of the last year (In Million)

    Financial Period : 31-Mar-21
    Total Assets : 19,301.99
    Total Revenue : 2,815.23
    Profit After Tax : 1,010.74
    Earnings Per Share (EPS) FY2021 :19.19 Rs

    Registrar of CarTrade IPO

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park
    Lal Bahadur Shastri Marg,
    Vikhroli (West) Mumbai – 400 083
    Phone: +91 22 4918 6200
    Fax: +91 22 4918 6195

    CarTrade Contact Details

    CarTrade Tech Limited
    12th Floor, Vishwaroop IT Park, Sector 30A
    Vashi, Navi Mumbai 400 705, Maharashtra, India
    Phone: +91 22 6739 8888

    CarTrade Tech 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

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