CarTrade Tech Limited
ListedMainboardIndustrial & 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
Close
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 9,267,614 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,780,284 | — | 0.00x |
| Retail Individual (RII) | 6,487,330 | — | 0.00x |
| Total | 18,535,228 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 720,814 | 720,814 | 1.00x |
| HNIs (10L +) | 4,611 | 4,611 | 1.00x |
| HNIs (2-10L) | 22,066 | 22,066 | 1.00x |
| Total Applications | 747,491 | 747,491 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 (GMP) for CarTrade Tech Limited IPO is ₹140 per equity share. Based on the upper price band of ₹1585 to ₹1618 per equity share, the estimated listing price is ₹1758 (+8.7% expected listing 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, the expected profit per application lot is approx ₹1,260 (+8.7% gain). Minimum application cost is approx ₹14,562.
What is the issue size and price band for CarTrade Tech Limited IPO?
The CarTrade Tech Limited IPO aggregate issue size is ₹2,999 Crores with an equity price band set at ₹1585 to ₹1618 per equity share. The retail lot size is 9 shares requiring a minimum capital outlay of approx. ₹14,562.
How can I check CarTrade Tech Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will CarTrade Tech Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-08-17. Investors can verify status using PAN card or application number.
When is the listing date for CarTrade Tech Limited IPO?
CarTrade Tech Limited shares are scheduled to list on NSE and BSE on 2021-08-20.