What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for CarTrade Tech Limited IPO?

Based on the upper price band of ₹1618 and current GMP of ₹140, the estimated listing price is ₹1758 (approx. 8.7% gain).

What is the expected profit per lot for CarTrade Tech Limited IPO?

With a lot size of 9 shares and current GMP of ₹140, expected profit per retail application lot is approximately ₹1,260.

IPO GreyPremiumLIVE

Grey Market Intelligence

CarTrade Tech Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in 2000, CarTrade Tech Ltd is a multi-channel automotive platform company operating brands like CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The company connects new and used vehicle buyers, dealers, OEMs, and other businesses, offering end-to-end solutions across automotive transactions, including buying, selling, marketing, financing, and related services.

Price Band

₹1585 – ₹1618

Issue Size

₹2999 Cr

Lot Size

9 shares

GMP

₹140

+8.7%

Est. Listing

₹1758

at current GMP

Subscribed

—

Open

9 Aug 2021

11 Aug 2021

Allotment

17 Aug 2021

Refund

18 Aug 2021

Demat Credit

19 Aug 2021

Listing

20 Aug 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

CarTrade Tech Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹140+8.7%

Issue Price (Upper)

₹1618

Band: ₹1585 – ₹1618

Estimated Listing Price

₹1758

Upper price + GMP

Lot Size

9 shares

Min investment ₹14,562

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹140	8.7%	₹1758
30 Oct 2026	+₹140	8.7%	₹1758
29 Oct 2026	+₹126	7.8%	₹1744

About CarTrade Tech Limited Public Issue & Market Profile

CarTrade Tech Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹2,999 Crores. The shares are offered at a price band of ₹1585 to ₹1618 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2021-08-11, the basis of allotment is scheduled to be finalized on 2021-08-17. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is CarTrade Tech Limited IPO GMP today?

The latest grey market premium for CarTrade Tech Limited IPO is ₹140, which indicates an expected listing price of ₹1758.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.