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, CarTrade.com 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 CarTrade.com 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 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 20.29x times on day 3.
What is the CarTrade IPO retail subscription status?
The CarTrade retail subscription is 35.45x on 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.
