CarTrade IPO Date Price GMP Listing Market Lot Allotment Subscription Details & Review

CarTrade Tech Ltd is planning to raise funds via IPO which going to be launch in the upcoming month. The company is likely to get an entry under Unicorn Startups of India. Recently, it raised a huge fund in April 2021 and now it is only 1 step away to become India’s first online auto classified marketplace to list on the domestic bourses. Here are the details including CarTrade IPO Date Issue Price Grey Market Price (GMP) Subscription Status & more.

CarTrade IPO Date

The Draft Red Herring Prospectus (DRHP) has been filed with the Stock Exchange Board of India (SEBI). The issue size is mentioned in the prospectus and it is a Rs 2,000 crore IPO.

CarTrade IPO Date

So far the launch date is not confirmed and it will appear officially in the upcoming few days. So till then stay with us and bookmark the website in your browser for future ongoing updates regarding this Initial Public Offer.

IPO Open Date June 2021
IPO Close Date June 2021
Basis of Allotment Date June 2021
Initiation of Refunds June 2021
Credit of Shares to Demat Account June 2021
IPO Listing Date June 2021

Car Trade IPO Price

Even the company is ready to amaze every retail investor with the marvelous entry into the Market. According to the information, the fresh issue of shares and offer for sale of 12,354,811 equity shares.

CarTrade IPO Details

According to the available information, CarTrade IPO will be list on NSE & BSE both and because it has a huge issue size. So it can be oversubscribed by investors. To avoid the risk stay connected with our website and get the latest IPO updates.

IPO Opening Date June 2021
IPO Closing Date June 2021
Issue Type
Face Value
IPO Price
Market Lot
Min Order Quantity
Listing At NSE, BSE
Issue Size Rs 2,000 crore
Fresh Issue
Offer for Sale

 

The firm is backed by well-known investors such as Temasek, Warburg Pincus, and JP Morgan. Along with it CarTrade also mentioned that after raising Rs 2,000 crore via IPO they will improve the feature and invest in the key factors which will improve to become huge. The IPO listing and allotment details will come in few days.

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