CarTrade Tech Ltd IPO
MainboardAutomobiles - Dealers & Distributors
Listed On: Aug 20, 2021 at ₹ 1599.80 (NSE)
₹ 14562 /9 Shares
Check AllotmentPrice Summary
Last Closing
2,429.70 (50.17%)52 Week High
2,534.8052 Week Low
830.00Last Update
21-Aug-2025 3:30 PM09 Aug, 2021
Open Date11 Aug, 2021
Close Date17 Aug, 2021
Allotment Date20 Aug, 2021
Listing DateIssue Price
₹1585-1618 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdList Price
1599.80 (NSE)Listing Date
2021-08-20Market Lot
9 Shares (₹14,562/-)Lead Manager
Axis Capital Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt LtdIssue Size
Offer for Sale of 1,85,32,216 Equity Shares aggregating up to Rs 2998.51/- CrRetail Portion
35%Subscription
20.28 timesIPO Details
The IPO of is priced at ₹1585-1618 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Aug 9, 2021 and ends on Aug 11, 2021. The allotment for IPO will be finalized on Aug 17, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 20, 2021. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
The book-running lead manager for the IPO is/are Axis Capital Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd.
The IPO sets its price band at 1585-1618 for each share. A single application for CarTrade Tech Ltd IPO must contain at least 9 shares.
IPO Subscription Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 37,06,443 | 27,79,833 | 64,86,276 | 129,72,552 |
| Day 1 - 09-08-21 05:00 PM | 0.01 x | 0.04 | 0.80 x | 0.41 x |
| Day 2 - 10-08-21 05:00 PM | 0.59 x | 0.27 | 1.54 x | 0.99 x |
| Day 3 - 11-08-21 05:00 PM | 35.45 x | 40.99 | 2.75 x | 20.28 x |
Valuations
Earnings Per Share (EPS)
₹22.06/-P/E Ratio
73.37RoNW
5.43%Net Asset Value (NAV) - As on 31.03.21
₹392.83Company Financials All values are in ₹ Cr.
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 1,930.19 | 1,470.40 | 1,427.09 | 1,357.08 |
| Revenue | 281.52 | 318.44 | 266.80 | 149.52 |
| Profit After Tax | 101.07 | 31.29 | 25.91 | (6.88) |
About The Company
Their platforms, CarWale and BikeWale, ranked number one on relative online search popularity when compared to their key competitors over the period from April 2020 to March 2021, while Shriram Automall is a leading used vehicle auction platform based on the number of vehicles listed for auction for the financial year 2020.
Among their key competitors, they were the only and most profitable automotive digital platform. In recent years, they have significantly expanded their business, with their total income increasing at a CAGR of 45.94% between financial years 2018 and 2020.
- Promoter(s)
Pre Issue Share Holding: N/A%
Post Issue Share Holding: N/A%
- CarTrade Tech is a professionally managed company with no identifiable promoters.
IPO - Issue Objectives
- To carry out an offer for sale.
- To achieve the benefits of listing the Equity Shares on the stock exchanges.
IPO - Anchor Investors
Nomura, HSBC Global, Goldman Sachs, Jupiter India Fund, Elara India Opportunities Fund, Aditya Birla Sun Life Insurance Company, Bajaj Allianz Life Insurance Company, Bharti Axa Life Insurance Company, Axis Mutual Fund (MF), HDFC MF, Kotak MF and Sundaram MF are among the anchor investors.
IPO - FAQs
Ans. CarTrade Tech Ltd IPO is a Mainboard IPO. The issue is priced at ₹1585-1618 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.
Ans. The CarTrade Tech Ltd IPO opens on Aug 9, 2021 and closes on Aug 11, 2021.
Ans. The size of CarTrade Tech Ltd IPO is Offer for Sale of 1,85,32,216 Equity Shares aggregating up to Rs 2998.51/- Cr.
Ans. The IPO price band is set between ₹1585-1618 per equity share.
Ans. To apply for CarTrade Tech Ltd IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find CarTrade Tech Ltd IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of CarTrade Tech Ltd IPO is Aug 17, 2021.
Ans. The CarTrade Tech Ltd IPO will be listed on Aug 20, 2021.
Ans. Follow the steps to check the allotment status for CarTrade Tech Ltd IPO here.
