Cartrade Ipo : Cartrade Ipo Information Analysis Value Research - Check linkintime registrar website for the ipo allotment status.. Cartrade tech ipo is all set to make its stock market debut on friday, 20 august 2021, after the issue got 20.29 times subscription. The issue is priced at ₹1585 to ₹1618 per equity share. The company plans to raise rs 2,998.51 crore through its ipo. Cartrade tech ipo was last reported to be commanding a gmp of about rs. In the grey market, the shares fell from rs 180 to rs 120 earlier this week over the issues price of 1,618, suggesting a modest listing gain of 7.4%.
Cartrade tech share allotment has been finalised. Cartrade has filed preliminary papers with sebi for an initial public offering (ipo) of 18,532,216 equity shares. That said, there will not be any fresh issue. Cartrade tech gets a dull response at the exchanges, shares list at 1.12% discount. On nse, cartrade tech share debuted at rs ₹ 1,599.8 a piece.
Cartrade ipo had earlier received bids for 26,31,74,823 shares against 1,29,72,552 shares on offer. Cartrade has filed preliminary papers with sebi for an initial public offering (ipo) of 18,532,216 equity shares. Carwale and bikewale, ranked number one on relative online search popularity when compared to their key competitors over the period. Cartrade tech ipo shares offered. On nse, cartrade tech share debuted at rs ₹ 1,599.8 a piece. The initial public offering (ipo) of cartrade tech was subscribed 20.29 times. The initial share sale will be entirely an offer for sale (ofs) of 18,532,216 equity shares. The scrip got listed at ₹ 1,579 on bse, 2 per cent down from its issue price of 1,618.
As the net profit for fy21 is actually inflated by initial recognition of deferred tax asset consequent to revision in estimate amounting to rs 59.150 crore.
Data showed retail quota for cartrade ipo was. Cartrade ipo allotment to be finalized on august 17, 2021. Cartrade tech ipo was last reported to be commanding a gmp of about rs. In the primary market, cartrade tech shares fell further. So, those who bid for the public issue worth ₹2,998.51 crore are anxiously waiting for the listing of cartrade ipo. Cartrade has filed preliminary papers with sebi for an initial public offering (ipo) of 18,532,216 equity shares. Cartrade ipo shares, which list on august 20, were trading at a premium of around 25% when it opened for bidding. It now commands a premium of 10% Let us tell you that cartrade ipo got a good subscription from investors cartrade ipo subscription to all got good subscription in the category. On nse, cartrade tech share debuted at rs ₹ 1,599.8 a piece. The ipo allotment might come on 18 august 2021. Cartrade ipo analysis @ chanakyanipothi.com, india`s oldest & most trusted investment blog.operational since 8th december 1999, this is the only investment platform in india, which has successfully completed 21 years. The initial public offering (ipo) of cartrade tech was subscribed 20.29 times.
Let us tell you that cartrade ipo got a good subscription from investors cartrade ipo subscription to all got good subscription in the category. Initially, 18532,216 stock shares will be offered for sale as part of the initial share sale. The initial public offering (ipo) of cartrade tech was subscribed 20.29 times. Link intime india private ltd is the registrar for the ipo. The ipo allotment might come on 18 august 2021.
Cartrade tech share listing bse, nse: Cartrade tech ipo is demanding a p/e multiple 73.37x, but the adjusted fy21 pat of the company is only rs. The major disappointing factor from cartrade ipo was it was purely an ofs and, thus, no money will go into business for future expansion, even as high competition and low entry barriers are some risks to the company, meena said. Cartrade tech ipo is all set to make its stock market debut on friday, 20 august 2021, after the issue got 20.29 times subscription. Cartrade tech gets a dull response at the exchanges, shares list at 1.12% discount. Cartrade tech ipo was last reported to be commanding a gmp of about rs. The refund will be initiated on august 18 and the shares will be credited to the account on august 20. The initial share sale will be entirely an offer for sale (ofs) of 18,532,216 equity shares.
The cartrade tech ipo saw a good response from investors.
At the upper end of the price band, the ipo is expected to mobilise rs 2,998.51 crore. Their platforms operate under several brands: So, those who bid for the public issue worth ₹2,998.51 crore are anxiously waiting for the listing of cartrade ipo. Online auto classified platform cartrade tech's initial public offering (ipo) is now open for subscription. Cartrade.com is an online car classifieds website in india that allows customers to purchase and sell new and old autos. The company plans to raise rs 2,998.51 crore through its ipo. Data showed retail quota for cartrade ipo was. Said that retail investors' interest had come down significantly amid a correction in midcap and smallcap pockets. The major disappointing factor from cartrade ipo was it was purely an ofs and, thus, no money will go into business for future expansion, even as high competition and low entry barriers are some risks to the company, meena said. The scrip got listed at ₹ 1,579 on bse, 2 per cent down from its issue price of 1,618. On nse, cartrade tech share debuted at rs ₹ 1,599.8 a piece. Cartrade ipo allotment status will be done on 17 august 2021, and investors whose bids are not completed, their money will be refunded on 18 august 2021. Shares of the company will be offered between rs 1585 and 1618 each.
The refund will be initiated on august 18 and the shares will be credited to the account on august 20. According to nse statistics, the cartrade tech ipo got bids for over 26.31 crores (26,31,74,823) shares out of a total issue size of over 1.29 crore (1,29,72,552) shares. Check linkintime registrar website for the ipo allotment status. Cartrade tech, whose ipo got 20.29 times subscription, will finalise share allotment on tuesday, 17 august 2021. Cartrade tech shares are likely to make their stock market debut next week on.
On nse, cartrade tech share debuted at rs ₹ 1,599.8 a piece. Cartrade tech shares made a weak debut on the stock market on friday. The initial public offering (ipo) of cartrade tech was subscribed 20.29 times. Cartrade tech limited made its debut in the market on monday with its initial public offering (ipo). Online auto classified platform cartrade tech's initial public offering (ipo) is now open for subscription. Cartrade will start accepting subscriptions for its ipo on august 09, 2021 till august 11, 2021. Cartrade tech ipo is all set to make its stock market debut on friday, 20 august 2021, after the issue got 20.29 times subscription. Retail portion booked 1.53 times, issue subscribed 99% on day 2
Cartrade.com is an online car classifieds website in india that allows customers to purchase and sell new and old autos.
Cartrade ipo allotment status will be done on 17 august 2021, and investors whose bids are not completed, their money will be refunded on 18 august 2021. Retail portion booked 1.53 times, issue subscribed 99% on day 2 Cartrade has filed preliminary papers with sebi for an initial public offering (ipo) of 18,532,216 equity shares. Cartrade tech share allotment has been finalised. Cartrade will start accepting subscriptions for its ipo on august 09, 2021 till august 11, 2021. As the net profit for fy21 is actually inflated by initial recognition of deferred tax asset consequent to revision in estimate amounting to rs 59.150 crore. Cartrade ipo subscribed 20.29 times on final day, qib portion booked 35.45 times cartrade tech ipo: Cartrade tech ipo shares offered. Cartrade tech limited made its debut in the market on monday with its initial public offering (ipo). The initial public offering (ipo) of cartrade tech was subscribed 20.29 times. The issue is priced at ₹1585 to ₹1618 per equity share. Cartrade tech ipo is a public issue of 12,972,552 equity shares. In the grey market, the shares fell from rs 180 to rs 120 earlier this week over the issues price of 1,618, suggesting a modest listing gain of 7.4%.