Cartrade Listing. Also Read - PSSSB Recruitment. The IPO of CarTrade which was open for subscription between August 9-11. The CarTrade Tech IPO saw a significant response from investors as the company saw an overall subscription of 2029 times its shares.
CarTrade Tech made a weak debut on stock exchanges on Friday with its shares getting listed at Rs 15998 per share on the NSE a discount of more than 1 to its issue price of Rs 1618 apieceAs of 1022 am Cartrade shares were trading at Rs 150120 down 729 after making an intraday low of Rs 1481.
At the upper end of the price band the IPO is expected to mobilise Rs 299851 crore. CarTrade IPO GMP has been out and it indicated a modest listing gain. 1 day agoCarTrade Tech Ltd.
CarTrade IPO Listing Date FAQs CarTrade IPO subscription to start from August 09 to August 11 2021. CarTrade IPO to list on NSE and BSE on 20 August 2021 Friday at 1000 AM. CarTrade Tech IPO is a main-board IPO of 18532216 equity shares of the face value of 10 aggregating up to 299851 Crores.
The CarTrade IPO subscribed 2029x times overall that comprises QIB 2545x NII 4100x and Retail 275x. The total CarTrade IPO Subscription Status subscribed 2029x times so far with QIB subscribed 3545x and NII subscribed 4100x times RII 275x times. CarTrade Tech is backed by marquee investors Warburg Pincus Temasek JP Morgan and March Capital.
There was a High Demand subscription. Link Intime India Private Ltd is the registrar for the IPO. Zee Business Managing Editor and the market expert Anil Singhvi expects the listing of this new age business-model company would be mute near its issue price of Rs 1618 per share.
1 day agoNew Delhi. The minimum order quantity is 9 Shares. The initial share sale will be entirely an offer for sale OFS of 18532216 equity shares.
The IPO opens on Aug 9 2021 and closes on Aug 11 2021. The investor category that had subscribed to the issue the most was the non-institutional. CarTrade GMP shows moderate listing of shares on NSE BSE CarTrade Tech Listing Today.
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