Car Trade IPO Listing Date and Price, GMP, Gain, Allotment Status {Linkin Time, Kfintech}

Car Trade IPO Listing Date and Price, GMP, Gain, Allotment Status {Linkin Time, Kfintech}: Car Trade IPO Allotment Status Check through Linkin Time, Kfintech is discussed here. You may also check the GMP, Subscription Status, Listing Date, and Time for the Car Trade IPO on this page. Initial Public Offering Card Trade subscription is over. Those who are willing to subscribe had limited time for subscription. With the two days of bidding public issue subscribed 0.99 times and net worth of Rs. 2,998.51 crore. In addition, 1.53 times subscribed by the retail category which was the highest among all the investor segments. In the case of qualified institutional buyers (QIBs) subscribed to the issue 0.59 times and 0.27 times the issue subscribed by the non-institutional investors (NIIs). All the shares are reserved, QIB has the largest subscription with 50%, followed by retail investors with 35%, and the remaining  15% reservation NIIs issue of share. Candidates who want to know more about the Car Trade Tech IPO Status are advised to stay connected with us on our official Portal at www.iittm.org

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Car Trade IPO Listing Date and Price

To begin with, the retail investors subscribed almost half of the reserved portion of the issue whereas, the QIBs and NIIs were just started their subscription process. Anchor Investors raised 900 crores on 6th August 2021, Car Trade was backed by marquee investors such as Warburg Pincus, Temasek, JP Morgan, and March Capital. Cartrade is known for its multi-channel auto platform through its brands such as Car Trade, Car TradeExchange, CarWale, BikeWale. Also, these brand covers the presence across vehicle types and value-added services. Market experts say that the Car Trade Stocks has become stable between 225 and 250. At present, Cartrade has gained 15% from the public issue. The price band of Car Trade IPO Rs.1585 to Rs.1618 per equity share. On 10th August 2021, CarTrade Tech received 23% of a subscription while opening an IPO of Rs 2,999 crore. Meanwhile, Car Trade Tech IPO fell to Rs. 310 from Rs. 700 last week because of weak listings of Glenmark Life Sciences and Rolex Rings. The car trade tech was trading at Rs.1,928 per share and a premium of 19% in the grey market. Rs. 320 Grey market Premium reported on 11th August 2021. Candidates are suggested to go through the information mentioned on this page below, it will provide you detailed segment of the Car Trade Tech IPO.

CarTrade Tech IPO Subscription Status

Avinash Gorakshkar, Head of Research at Profitmart Securities said that there is no monetary gain or loss for the company while the public issue of shares because the total amount comes from the IPO directly collected by the promoters which is completely an Offer for Sale (OFS). Research Analyst at Marwadi Shares and Finance, Car Trade IPO, the Financial year 2021 report reveals that EPS of Rs.22.06 adjusted on a post-issue basis. Along with this company is going to list a P/E of 73.35 with a market cap of Rs. 7,416 crore. It is hard for an industry to compete with the company. The IPO rating of the company has a profitable and scalable business model. To grow in the automotive and digitalization sector, Car Trade IPO GMP is focusing on data science to provide superior solutions.

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Car Trade IPO Grey Market Premium, GMP

CarTrade IPO has not been listed in the FY2021 due to the covid-19 pandemic. There are alternative ratings for different subscriptions. Antique stockbroking, Anand Rathi, Axis Capital, Nirmal Bang. First and foremost we are going to discuss Anand Rathi, at the peak of IPO Price Bank and offers 4.4x P/BV and 29.6x EV/Sales, and 73.4x P/E, deferred tax is excluded. The asking price at a P/E of around 199.26x to its FY21 earnings in addition to a market cap of Rs.74,159.5. On the other hand, Antique Stock Broking is a combination of strong brand platforms, customer & dealer relationships. It includes the key risks like reduction in the CarTrade IPO. There are many advantages to subscribing to the issue which leads to competitive strength.

The popular Car Trade Tech company come into the business in year 2009. The company allows customers to online trade-in both 2nd hands/used and new cars. If we talk about its revenue generate technique, it earns from online advertising, banks, dealers, and other related sources. Today is the last date of subscription. Moving to the allotment of shares, it can be done on 17th August 2021. There is a refundable system by the company that will not get the shares. After the Demat account reflection on 20th August 2021, Cartrade Tech shares will be listed on 23rd August 2021. To know more latest updates about the Car Trade Tech IPO GMP click on the link mentioned below on this page.

How to check Car Trade IPO Share Allotment Status via linkintime?

• Visit the LINK Intime Allotment website link at https://linkintime.co.in/MIPO/Ipoallotment.html
• Select the company from the list of IPOs.
• Enter your application number/depository number or DP Client ID/Pan no.
• Then, click on the search button.
• The Car Trade IPO numbers of stocks allotted and applied to investors will appear.

Link 1 >>> Car Trade IPO Allotment Status Check @Linkin Time

Link 2 >>> Car Trade IPO Allotment Status @Kfintech

Link 3 >>> Car Trade IPO Allotment Status Find @BSE

How to Buy & Sell the product on CarTrade Tech?

• Visit the website:https://www.cartradetech.com/
• Go to the Brands section.
• Now, all the brands will appear on the page.
• Now select the brand Carwale, Bikewale, etc.
• Then by selecting the city, the amount starts dealing.
• Customers can buy or sell the product.