CarTrade Tech Limited IPO (CarTrade Tech IPO)

CarTrade Tech Ltd IPO
Upcoming Cartrade IPO 2021 | New CarTrade Tech IPO

Compiled in 2000, CarTrade Tech Ltd is a company that provides automated platforms for many channels. The company operates with various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new customers with used cars, car dealers, car OEMs, and other businesses to buy and sell different types of vehicles. The company offers a variety of solutions for all car sales, sales, marketing, finance and other services.

CarTrade Tech IPO

Competitive Strengths

  • A leading platform for Automotive Sales with a Synergistic Ecosystem.
  • Operate various brands i.e. CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, AutoBiz, etc.
  • A comprehensive range of services i.e. automotive buying, selling, financing, marketing, etc.
  • Profitable and scalable business model.

Company Promoters

CarTrade Tech is a professionally managed company with no identifiable promoters.

Company Financials

ParticularsFor the year/period ended (₹ in million)
31-Dec-2031-Mar-2031-Mar-1931-Mar-18
Total Assets18,820.2314,704.0614,270.9413,570.82
Total Revenue1,896.053,184.452,668.051,495.29
Profit After Tax850.53312.94259.17(68.83)

Objects Of The Issue

The company aims to utilizes the net proceed towards the following objectives;

  • To carry out an offer for sale.
  • To achieve the benefits of listing the Equity Shares on the stock exchanges.
CarTrade Tech IPO
Object Of The Issue

CarTrade Tech IPO – Details

IPO Opening Date09 Aug 2021
IPO Closing Date11 Aug 2021
Issue TypeBook Built Issue IPO
Issue Size2998.51 Crore
Face Value₹10 per equity share
IPO Price[1585] To [1618] Per Equity Share
Market Lot9 Shares
Min Order Quantity9 Shares
Listing AtBSE NSE
Total Share Issue1,85,32,216 Equity Shares
RegisterLinkInTime India Private Limited

CarTrade Tech IPO – Timetable

IPO Open Date09 Aug 2021
IPO Close Date11 Aug 2021
Basis of Allotment Date17 Aug 2021
Initiation of Refunds18 Aug 2021
Credit of Shares to Demat Account20 Aug 2021
IPO Listing Date23 Aug 2021

CarTrade Tech IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum1914,562
Maximum131171,89,306

Company Contact Information

CarTrade Tech Limited
12th Floor, Vishwaroop IT Park, Sector 30A
Vashi, Navi Mumbai 400 705, Maharashtra, India

Phone: +91 22 6739 8888
Email: investor@cartrade.com
Websitehttp://www.cartradetech.com/

CarTrade Tech IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: cartrade.ipo@linkintime.co.in
Websitehttp://www.linkintime.co.in

CarTrade Tech IPO FAQs

What is CarTrade Tech IPO?

CarTrade Tech IPO is a main-board IPO of 18,532,216 equity shares of the face value of ₹10 aggregating up to ₹2,998.51 Crores. The issue is priced at ₹1585 to ₹1618 per equity share. The minimum order quantity is 9 Shares.

The IPO opens on Aug 9, 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 BSE, NSE.
When CarTrade Tech IPO will open?

The CarTrade Tech IPO dates are 09 August 2021 TO 11 August 2021.
What is the lot size of CarTrade Tech IPO?

CarTrade Tech IPO lot size and the minimum order quantity is 9 Shares.
How to apply for CarTrade Tech IPO?

You can apply in CarTrade Tech IPO online using either UPI or ASBA as 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.
When is CarTrade Tech IPO listing date?

The CarTrade Tech IPO listing date is announced. The date of CarTrade Tech IPO listing is [23 August 2021].

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