CarTrade Tech IPO Closed

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IPO date 09 Aug 2021 – 11 Aug 2021
Listing date 20 Aug 2021
Price range 1585 – 1618
Minimum order quantity 9
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CarTrade Tech Limited is a multi-channel auto platform with coverage and presence across vehicle types and value-added services. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto, and AutoBiz. Through which it offers a variety of solutions across the automotive transaction value chain for marketing, buying, selling, and financing new and pre-owned cars, two-wheelers as well as pre-owned commercial vehicles, and farm and construction equipment.

CarTrade Tech will be issuing 1.85 crore equity shares, the entire public offer is an offer for sale from existing selling shareholders.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 266.81 25.92 3.87
March 2020 318.45 31.29 5.07
March 2021 281.52 101.07 19.19

How do I apply for the CarTrade Tech IPO?

You can apply for the CarTrade Tech IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.