CarTrade Tech Ltd Incorporated in 2000, is a multi-channel auto platform provider company. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company offers a variety of solutions across automotive transactions for buying, selling, marketing, financing, and other activities.
Competitive Strengths
- A leading platform for Automotive Sales with a Synergistic Ecosystem.
- Operate various brands i.e. CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, AutoBiz, etc.
- A comprehensive range of services i.e. automotive buying, selling, financing, marketing, etc.
- Profitable and scalable business model.
CarTrade Tech Limited IPO Tentative Timetable
| Particular | Date |
| IPO Open Date | 09 Aug 2021 |
| IPO Close Date | 11 Aug 2021 |
| Allotment Date | 17 Aug 2021 |
| IPO Listing Date | 20 Aug 2021 |
CarTrade Tech Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 1585 to Rs. 1618 Per Equity Share |
| Market Lot | 9 Share |
| NSE Symbol | |
| BSE Symbol | |
| ISIN Code | |
| Listing At | NSE, & BSE |
| Issue Size | Approx. Rs. 2998.51 Crore. |
CarTrade Tech Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 9 | Rs. 14562 |
| Maximum | 13 | 117 | Rs. 189306 |
CarTrade Tech Limited IPO Allotment Status
Click Here To Check IPO Allotment Status CarTrade Tech Limited
Click Here To Get ASBA Forms CarTrade Tech Limited
Company Financials:
| Particular | 31 March 2021 | 31 March 2020 | 31 March 2019 |
| Total Assets | 19301.99 | 14704.06 | 14270.94 |
| Total Revenue | 2815.23 | 3184.45 | 2668.05 |
| Profit After Tax | (1010.74) | (312.94) | (259.17) |
For the year/period ended (₹ in million)
Company Promoters:
CarTrade Tech is a professionally managed company with no identifiable promoters.
Objects of this Issue:
The net IPO proceeds will be used for the following purposes…
- To carry out an offer for sale.
- To achieve the benefits of listing the Equity Shares on the stock exchanges.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| CarTrade Tech Limited 12th Floor, Vishwaroop IT Park, Sector 30A Vashi, Navi Mumbai 400 705, Maharashtra, India Phone: +91 22 6739 8888 Email: investor@cartrade.com Website: http://www.cartradetech.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: rolex.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
