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[Live Today] CarTrade IPO: Grey Market Premium (GMP) & Kostak Rates

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Short Info: [Live Updates] CarTrade Tech Limited IPO GMP Chanakya Details & Date: Kostak Rates & Subject To Sauda | CarTrade IPO Grey Market Premium Status live check at Official Website www.nseindia.com & www.bseindia.com.

CarTrade IPO GMP Today: Live Updates

CategoryDetails
Date & Timeon 1.08.2021 @ 7.00
Grey Market PremiumRs. 700
Application RatesRs. 600
Subject to RatesRs. —
Source: chanakyanipothi.com

CarTrade IPO Grey Market Premium & Kostak Rates

Online auto classifieds platform, CarTrade Tech. Ltd’s initial public offering (IPO) will open on 9 August and close on 11 August. The company is preparing to raise Rs 2000 crore through this issue. CarTrade allows consumers to buy both new and used cars. It has investments from American private equity investor Warburg Pincus, Singapore’s state-run investor company Temasek, JP Morgan and March Capital Partners.

Check out CarTrade IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

CarTrade IPO Details

Name of ArticleCarTrade IPO
IPO DateAug 9, 2021 to Aug 11, 2021
Issue TypeBook Built Issue IPO 
Issue Size18,532,216 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Fresh Issue
Offer for Sale18,532,216 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Face Value₹10 per equity share
IPO Price[.] to [.] per equity share
Market Lot— Shares
Min Order Quantity— Shares
Listing At BSE, NSE
CarTrade IPO Information

CarTrade IPO GMP Details (Day by Day) with Kotak rates

DateGMPKostakSubject to
1 Aug₹700₹600
31 July₹0₹450₹0
30 July₹0₹0₹0
29 July₹0₹0₹0
28 July₹0₹0₹0
27 July₹0₹0₹0
26 July₹0₹0₹0
25 July₹0₹0₹0

CarTrade IPO Date & Price Band

 IPO Open09 August 2021
 IPO Close11 August 2021
 Price Band₹- to ₹- Per Share (Tentative)
 Listing on BSE & NSE
 Retail Portion 35%
 Equity18,532,216 Shares
 Discount – Per Equity Shares

CarTrade IPO Market Lot

 Minimum Lot Size:Minimum — Shares
 Minimum Amount:₹–
 Maximum Lot Size:Maximum — Shares
 Maximum Amount:₹–

CarTrade IPO Timetable: Allotment & Listing Date

Price Band AnnouncementAugust 2021
Anchor Investors AllotmentAug, 07 2021
IPO Opens OnAug 9, 2021
IPO Closes OnAug 11, 2021
Finalization of Basis of AllotmentAug 17, 2021
Initiation of RefundsAug 18, 2021
The credit of Shares to Demat AccountAug 20, 2021
IPO Listing DateAug 23, 2021

CarTrade IPO Shares Offered

CategoryShares Offered
QIB— Shares = Rs — Crs
NII— Shares = Rs — Crs
Retail— Shares = Rs — Crs
Lot size— Forms
Retail Min. Application— Shares Rs —
Retail Max Application— Shares Rs —

Krsnaa Diagnostics Company Financial Report (in INR crore)

The company Car Trade, which started in 2009, was established in 2009. Vinay Sanghi is the founder and CEO of CarTrade. He was the CEO of Mahindra First Choice Wheels from 2000 to 2009. Customers can buy and sell their used or new cars through the CarTrade platform.

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Axis Capital, Citigroup Global Markets India, Kotak Mahindra Capital and Nomura Financial Advisory and Securities India will be the book running lead managers of the issue.

Currently, CMDB II holds 11.93% stake in the company, Highdell Investment, MacRitche Investment Pte, and Springfield Venture International holds 34.44%, 26.48% and 7.09% stake in the company.

Looking at the financial position of the company, the company’s revenue was Rs 281.52 crore in FY 2021, which was Rs 318.44 crore in FY 2020. The company’s profit was Rs 101.07 crore in FY 2021, which stood at Rs 31.29 crore in FY 2020.

YearRevenueExpenseP&L
2021-9M₹1896.05₹1620.75₹850.53
2020₹3,184.45₹2,795.30₹312.94
2019₹2,668.05₹2,313.74₹259.17
2018₹1,495.29₹1,524.68₹68.83

FAQ of CarTrade IPO GMP:

What are the open and close dates of the CarTrade IPO?

The IPO of online auto classifieds platform CarTrade Tech is going to be opened on Aug 9, 2021, and closes on Aug 11, 2021.

What is CarTrade IPO GMP Today?

The CarTrade IPO GMP aka grey market premium is ₹0.

What is CarTrade IPO Kostak Rates Today?

The CarTrade IPO kostak rate is ₹0.

What is CarTrade IPO Subject to Sauda Price Today?

The CarTrade IPO subject to sauda rates is ₹0.

CarTrade IPO Expected Returns?

The CarTrade Tech Limited expected return is 0%.

#This is only coverage of News related to Grey Market. We donot deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

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