Car Trade Ipo Review

Cartrade shares made a low of Rs 1481 after listing at 1 discount to issue price of Rs 1618 Representational image New Delhi. CarTrade Tech incorporated in 2000 functions as a host of sorts connecting new car owners and used car.

Cartrade Tech Ipo Review May Apply

Approx 0 Crores Offer for Sale.

Car trade ipo review. The companys initial public offering IPO was oversubscribed 2029 times on the final day beginning on August 9 2021 and ending on August 11 2021. The company got a good response on the last day of the subscription where QIB and NII came up with the good numbers. CarTrade IPO had earlier received bids for 263174823 shares against 12972552 shares on offer.

The issue is priced at 1585 to 1618 per equity share. Shares for 12972552 shares offered according to data available on the exchange. The issue will entirely be an offer for sale of up to 18532216 shares by a few existing shareholders and would be sold in the Rs 1585-1618 price bandAt the upper end of the price band the IPO is offered at 44 times price-to-book value and 296 times EVsales and 734 times price to earnings PEIf one excludes accounting adjustments for deferred tax and attributes it to equity.

The public offer had received healthy response from investors last. Link Intime India Private Ltd is the registrar for the IPO. CarTrade Tech IPO Review.

CarTrade Tech IPO. The IPO entails an offer for sale of up to 18532216 Equity Shares by the Selling Shareholders namely CMDB II Highdell Investment Ltd Macritchie Investments Pte. It trades old and new cars bikes etc from customers and dealers via online and offline mediums.

Checkout Windlas Biotech IPO Review here. 299851 crore with 18532216 crore equity shares of Rs. CarTrade Tech shares made a weak debut on BSE and NSE on Friday 20 August 2021.

3000cr entirely through an offer of sale. 11 August 2021 IPO Size. Now lets check the CarTrade Tech IPO GMP Today Price Dates Review Lot Size and more.

We are surprised looking at Car Trade IPO valuation. Car Trade Tech IPO Review and Details. It provides buysell of new second-hand vehicles with other related services online.

CarWale CarTrade Shriram Automall BikeWale CarTradeExchange. CarTrade Tech shares got listed at Rs 1599 down 112 per cent from the IPO of Rs 1618 apiece. We expect there could be huge wealth destruction in this space Cash burn to expand market and win customers till clear winners emerge.

CarTrade Tech Limited is a multi-channel auto platform with access to many vehicle types. Cartrade Grey Market NewsToday on 10082021 1000 AM Grey Market Premium Rs 245255. CarTrade Tech made a weak debut on stock exchanges on Friday with its shares getting listed at Rs 15998 per share on the NSE a discount of more than 1 to its issue price of Rs 1618 apiece.

CarTrade Tech Limited will sell shares at Rs 1585-1618 per share in its 3 day initial public offering starting on August 9. Checkout Devyani International IPO Review Here. Checkout Krsnaa Diagnostics IPO Review here.

Multichannel mobility platform CarTrade Tech is making its debut in the market with an IPO. CarTrade Tech Limited Company Profile. For the financial years 2021 2020 and 2019 the companys total income was Rs 28152 crore Rs 31844 crore and Rs 26680 crore.

IPO Issue Size- Car Trade Tech is all set to hit the market on August 9 and close on August 11The IPO size is Rs. CarTrade IPO Listing. CarTrade IPO to list on NSE and BSE on 20 August 2021 Friday at 1000 AM.

Per Equity Shares. August 9 2021 IPO Review email protected CarTrade Tech IPO plans to raise about Rs. CarTrade Tech IPO is a main-board IPO of 18532216 equity shares of the face value of 10 aggregating up to 299851 Crores.

The three-day IPO received 263174823 bids. Car Trade IPO Promoter Holding. There is no fresh issue of the shares and the initial public offering will be entirely an offer for sale worth Rs.

CarTrade IPO date is 09-11 August 2021. Company Contact Information IPO Open. Approx 2000 Crores Face Value.

Ltd Springfield Venture International Bina Vinod Sanghi Daniel Edward. Multi-channel auto platform CarTrade Techs initial public offer IPO launched on Monday August 9 in a bid to carry out an offer for sale. The CarTrade IPO subscribed 2029x times overall that comprises QIB 2545x NII 4100x and Retail 275x.

- to - Per Share Tentative Listing on. The minimum order quantity is 9 Shares. 09 August 2021 IPO Close.

Selling and financing of new and pre-owned cars two-wheelers commercial vehicles and other vehicles. Messages Review By Dilip Davda on Aug 3 2021 CTTL is a profit-making multi-channel auto platform. The IPO opens on Aug 9 2021 and closes on Aug 11 2021.

CarTrade Tech shares will be listed on the NSE and BSE on Friday today. It is quite demanding for a company which has not yet established itself as a good business model. 10 Per Equity Share Price Band.

It has been reported robust performance for FY21 with book entries of. CarTrade Tech IPO Details. As per the latest grey market rates the CarTrade.

Barrier to entry is NIL. Check CarTrade Tech IPO review price band market lot size IPO form listing allotment. CarTrade IPO shares debut at Rs 1600 a 11 discount to issue price CarTrade IPO.

CarTrade Tech IPO review May apply IPO Details. BSE NSE Retail Portion. On the balance-sheet front it is a net cash-positive company with surplus cash amounting to around Rs 650 crore as of FY21 say brokerages.

Approx 2000 Crores Fresh Issue.

Cartrade Tech Ipo Ipo Review Gmp Live Subscription Status Date