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CarTrade Tech IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 2998.51 Cr. The company is based in Mumbai and caters to Online Service Provider sector. Axis Capital , Citigroup Global Markets India , Kotak Mahindra Capital Company , Nomura Financial Advisory And Securities (India) are the merchant bankers of CarTrade Tech IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th May 2021.
CarTrade Tech IPO open date is 9th August 2021 and close date is 11th August 2021. IPO Allotment Date is 17th August 2021 and Listing date is 20th August 2021.
IPO
Size:
₹ 2998.51 Cr.
Avg IPO Size (Sector Based)
: ₹
2,131.73 cr.
Sector: Online Service Provider
IPO so far:
14
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹
281.52
cr. 
PE
Ratio:
73.38x
Average Sector PE Ratio: 23.64x
CarTrade Tech IPO size is ₹ 2998.51 Cr. with IPO price of ₹ 1618.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the CarTrade Tech IPO. Link Intime India Private Limited is the Registrar for CarTrade Tech IPO.
CarTrade Tech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
CarTrade Tech IPO, based in Mumbai, operates in the Online Service Provider sector with a focus on auto platform. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. CarTrade Tech IPO size is ₹ 2998.51 Cr. with fresh issue size of ₹ 2,999 and Offer for sale being ₹ Nil
The IPO allotment date for CarTrade Tech IPO is expected to be 17th August 2021, after the finalization of basis of allotment. Investors can check CarTrade Tech IPO allotment status on the registrars website, Link Intime India Private Limited . CarTrade Tech IPO refund dates are 18th August 2021.
CarTrade Tech IPO is expected to be listed on 20th August 2021.
The upper price band for the CarTrade Tech IPO is set at ₹ 1618.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on CarTrade Tech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the CarTrade Tech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th August 2021. After submission, funds are blocked until the basis of allotment of CarTrade Tech IPO is finalised.
The merchant banker for CarTrade Tech IPO is Axis Capital Limited , Citigroup Global Markets India Private Limited , Kotak Mahindra Capital Company Limited , Nomura Financial Advisory And Securities (India) Private Limited . Axis Capital Limited , Citigroup Global Markets India Private Limited , Kotak Mahindra Capital Company Limited , Nomura Financial Advisory And Securities (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the CarTrade Tech IPO RHP for further details.
The registrar for CarTrade Tech IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to CarTrade Tech IPO through their official website or helpline.
CarTrade Tech IPO was subscribed 20.29 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2,998.51 Cr.
Avg IPO Size (Sector Based)
:
₹ 2,131.73 Cr.
Sector: Online Service Provider
IPO so far:
14
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹ 249.68 cr.
PE
Ratio:
73.38x
Average Sector PE Ratio: 23.64x
CarTrade Tech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on CarTrade Tech Financial Review Page
Merchant Banker(s) of CarTrade Tech IPO: Axis Capital Limited , Citigroup Global Markets India Private Limited , Kotak Mahindra Capital Company Limited , Nomura Financial Advisory And Securities (India) Private Limited
CarTrade Tech IPO subscription was 20.29 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
CarTrade Tech IPO listed at a listing price of 1500.10 against the offer price of 1618.00.
The current market price of CarTrade Tech is 1897.80.
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