CarTrade Tech Ltd IPO

CarTrade Tech Ltd IPO is listed on BSE and NSE, priced at ₹1585–₹1618 per share. The stock debuted at ₹1599.8. The IPO had a lot size of ₹9 shares and a minimum investment of ₹14,562.

CarTrade Tech Ltd IPO

Mainboard Listed
₹14,562 (9 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 9, 2021 – Aug 11, 2021
Price band
₹1585-1618 per equity share
Minimum Investment
₹14,562
Issue size
Offer for Sale of 1,85,32,216 Equity Shares aggregating up to Rs 2998.51/- Cr
Lot size
9
Allotment Date
Aug 17, 2021
Listing
Aug 20, 2021
Listing At
BSE, NSE

IPO timeline

  1. Aug 9, 2021

    Open Date

    Completed

  2. Aug 11, 2021

    Close Date

    Completed

  3. Aug 17, 2021

    Allotment Date

    Completed

  4. Aug 20, 2021

    Listing Date

    Completed

Price Summary

Last closing
1,839.90 (13.71%)
52 week high
3,290.50
52 week low
1,485.00
Last update

CarTrade Tech Ltd IPO Essentials

CarTrade Tech Ltd IPO Details

CarTrade Tech Ltd IPO is priced at ₹1585-1618 per share with a total issue size of Offer for Sale of 1,85,32,216 Equity Shares aggregating up to Rs 2998.51/- Cr. The IPO has a lot size of 9 shares and is listed on BSE and NSE.

Issue price
₹1585-1618 per equity share
Lot size
9 shares
Face value
₹10 Per Equity Share 
Issue size
Offer for Sale of 1,85,32,216 Equity Shares aggregating up to Rs 2998.51/- Cr
Listing at
BSE, NSE
List price
1599.80 (NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Axis Capital Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd

CarTrade Tech Ltd IPO Details

  • Retail Portion 35%

CarTrade Tech Ltd IPO Documents

CarTrade Tech Ltd IPO Analytics

CarTrade Tech Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

CarTrade Tech Ltd IPO Subscription Status

CarTrade Tech Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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
0.04x
0.80 x 0.41 x
Day 2 10-08-21 05:00 PM
0.59 x
0.27x
1.54 x 0.99 x
Day 3 11-08-21 05:00 PM
35.45 x
40.99x
2.75 x 20.28 x
Total No. of Applications
category wise applications
1718178 (Approx) 2.40

CarTrade Tech Ltd Valuations

Earnings

EPS (Post IPO)
₹22.06/-
P/E Ratio
73.37

Returns

RoNW
5.43%

Data sourced from DRHP / RHP • For educational purposes only

CarTrade Tech Ltd Financials( In Crs.)

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)

CarTrade Tech Ltd Company & Offer Insights

About CarTrade Tech Ltd

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.

CarTrade Tech Ltd Promoter(s)

CarTrade Tech is a professionally managed company with no identifiable promoters. are the company's promoters of CarTrade Tech Ltd.

CarTrade Tech Ltd IPO Issue Objectives

To carry out an offer for sale.
To achieve the benefits of listing the Equity Shares on the stock exchanges.

CarTrade Tech Ltd IPO - Anchor Investors

CarTrade mobilises Rs 900 cr from anchor investors ahead of IPO

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.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

CarTrade Tech Ltd IPO is a book-built IPO worth ₹Offer for Sale of 1,85,32,216 Equity Shares aggregating up to Rs 2998.51/- Cr. The price band is ₹1585–₹1618 per share. The IPO opens on Aug 9, 2021 and closes on Aug 11, 2021. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of CarTrade Tech Ltd IPO is ₹1585 to ₹1618 per share.

The lot size of CarTrade Tech Ltd IPO is 9 shares.

The minimum investment for CarTrade Tech Ltd IPO is approximately ₹14,562 based on the upper price band .

CarTrade Tech Ltd IPO opens on Aug 9, 2021 and closes on Aug 11, 2021.

The allotment date of CarTrade Tech Ltd IPO is Aug 17, 2021.

CarTrade Tech Ltd IPO is expected to be listed on Aug 20, 2021, on BSE and NSE .

CarTrade Tech Ltd IPO listed on Aug 20, 2021. It was issued at ₹1599.80 (NSE) and is currently around ₹1839.90 as on 14-May-2026 3:30 PM, which is approximately 13.7% versus issue price. The 52-week high is ₹3,290.50.

Based on listing and post-listing performance, CarTrade Tech Ltd IPO delivered around 13.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy CarTrade Tech Ltd IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

CarTrade Tech Ltd IPO valuation snapshot: P/E 73.37, EPS ₹22.06/-, P/B N/A, RoNW 5.43%, and market cap N/A.

To apply for CarTrade Tech Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of CarTrade Tech Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for CarTrade Tech Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check CarTrade Tech Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the CarTrade Tech Ltd IPO allotment status on IPO Ji for quick and easy access.