CarTrade Tech Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 9,266,107 (50%) | — | ₹149,926 Cr |
| NII (HNI) | — | 2,779,833 (15%) | — | ₹44,978 Cr |
| Retail | — | 6,486,276 (35%) | — | ₹104,948 Cr |
| Σ Total | — | 18,532,216 (100%) | — | ₹2,998,513 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 9 | ₹14,562 |
| Retail (Max) | 13 | 117 | ₹189,306 |
| S-HNI (Min) | 14 | 126 | ₹203,868 |
| B-HNI (Min) | 67 | 603 | ₹975,654 |
Financial Statements Amount in Crore
| Metric | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 282 | 318 | 267 |
| Profit After Tax | 101 | 31 | 26 |
| Total Assets | 1,930 | 1,470 | 1,427 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
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Company Overview
Incorporated in 2000, CarTrade Tech Ltd 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.