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.
- 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.
CarTrade Tech is a professionally managed company with no identifiable promoters.
|Particulars||For the year/period ended (₹ in million)|
|Profit After Tax||850.53||312.94||259.17||(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 – Details
|IPO Opening Date||09 Aug 2021|
|IPO Closing Date||11 Aug 2021|
|Issue Type||Book Built Issue IPO|
|Issue Size||2998.51 Crore|
|Face Value||₹10 per equity share|
|IPO Price|| To  Per Equity Share|
|Market Lot||9 Shares|
|Min Order Quantity||9 Shares|
|Listing At||BSE NSE|
|Total Share Issue||1,85,32,216 Equity Shares|
|Register||LinkInTime India Private Limited|
CarTrade Tech IPO – Timetable
|IPO Open Date||09 Aug 2021|
|IPO Close Date||11 Aug 2021|
|Basis of Allotment Date||17 Aug 2021|
|Initiation of Refunds||18 Aug 2021|
|Credit of Shares to Demat Account||20 Aug 2021|
|IPO Listing Date||23 Aug 2021|
CarTrade Tech IPO Lots Size & Price
|Application||Lots||Shares||Amount ( Cut-Off)|
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
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
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].