CarTrade IPO Subscription Status & Subscription Numbers | Should You Subscribe ?

CarTrade IPO (Initial Public Offering) will open for subscription on 09 Aug 2021 which is Monday. CarTrade IPO will close for subscription on 11 July 2021 which is Wednesday. The GMP is showing a good trend which reached Rs.450 and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.2998.51 crore via IPO.

Founded in 2009, is an online auto marketplace providing buyers and sellers a structured platform for transacting in new and used vehicles. Since its inception, it has expanded its offerings across India with a network of more than 4,000 dealers. Currently, over 4 million unique consumers visit every month according to its website. The price band of the IPO is ₹1585 to ₹1618. The CarTrade IPO to list on NSE and BSE. Check out CarTrade grey market premium, Kostak rates, and subject to sauda rates as of today.

Latest Update: CarTrade IPO subscribed 20.29x times, QIB 35.45x, NII  41.00x and RII 2.75x times on day 3.



    CarTrade IPO Subscription Status & Subscription Numbers

    (Day 3 )

    Category Day 1 Day 2 Day 3
    QIB 0.01x 0.59x 35.45x
    NII 0.03x 0.27x 41.00x
    RII 0.80x 1.53x 2.75x
    EMP x x x
    OTH x x x
    Total 0.41x 0.99x 20.29x

    CARTRADE IPO Date & Price Band:

    IPO Opening Date Aug 9, 2021
    IPO Closing Date Aug 11, 2021
    Issue Type Book Built Issue IPO
    Face Value ₹10 per equity share
    IPO Price ₹1585 to ₹1618 per equity share
    Market Lot 9 Shares
    Min Order Quantity 9 Shares
    Listing At BSE, NSE
    Issue Size 18,532,216 Eq Shares of ₹10
    (aggregating up to ₹2998.51 Cr)
    Offer for Sale 18,532,216 Eq Shares of ₹10
    (aggregating up to ₹2998.51 Cr)

    CARTRADE IPO Tentative Timetable

    The CarTrade IPO date is 09 August 2021 and the IPO close date is 11 August 2021. The allotment date is 17 August 2021 and the IPO may list on 23 August 2021.

    IPO Open Date Aug 9, 2021
    IPO Close Date Aug 11, 2021
    Basis of Allotment Date Aug 17, 2021
    Initiation of Refunds Aug 18, 2021
    Credit of Shares to Demat Account Aug 20, 2021
    IPO Listing Date Aug 23, 2021

    CARTRADE IPO Market Lot:

    The CARTRADE IPO minimum market lot is 9 shares with ₹14,562 application amount. The retail investors can apply up-to-lots with 117 shares or ₹189,306 amount.

    Minimum Lot Size: Minimum  9 Shares
    Minimum Amount: ₹14,562
    Maximum Lot Size: Maximum 117 Shares
    Maximum Amount: ₹189,306

    CarTrade IPO Subscription FAQs:

    When CarTrades IPO Subscription will start?
    The CarTrade IPO subscription starts on 09 Aug 2021 for QIB, NII, and Retail Investors.

    How much is CarTrade IPO subscribed?
    The CarTrade IPO subscribed 20.29times on day 3.

    What is the CarTrade IPO retail subscription status?
    The CarTrade retail subscription is 35.45on day 3.

    How to subscribe to CarTrade IPO?
    You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How do I check live CarTrade IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.