CarTrade Tech Limited
09 Aug 2021 – 11 Aug 2021
LISTED
Offer Price
₹1585–1618
Bid lot
9
Min Application
₹14,562
Issue Size
₹2,999 Cr
Key dates
Open date
09 Aug 2021
Done
Close date
11 Aug 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
20 Aug 2021
Today
Issue reservation
₹2,999 CrQIB 50%Retail 35%
QIB
92.7 L sh · ₹1499.50 Cr
Retail
64.9 L sh · ₹1049.65 Cr
BRLM: Axis Capital Limited · Citigroup Global Markets India Private Limited · Kotak Mahindra Capital Company Limited · Nomura Financial Advisory and Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 9 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
9 sh · ₹14,562
Max · 13 lots
117 sh · ₹1,89,306
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
126 sh · ₹2,03,868
Max · 68 lots
612 sh · ₹9,90,216
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
621 sh · ₹10,04,778
Entry point
₹10,04,778 onward
Issue details
Lead managersAxis Capital Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory and Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
21.99×
0×1×2×3×+
Oversubscribed
Book₹2,549 Cr
Subscribed₹56,044 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 92,67,615₹1,500 Cr | 32,85,36,934₹53,157 Cr | 35.45× |
| HNI | 27,80,284₹449.85 Cr | 11,39,91,658₹18,444 Cr | 41.00× |
| Retail | 64,87,330₹1,050 Cr | 1,78,40,158₹2,887 Cr | 2.75× |
| Total | 1,57,54,945₹2,549 Cr | 34,63,77,092₹56,044 Cr | 21.99× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 53,157.28 |
| HNI | 18,443.85 |
| Retail | 2,886.54 |
| Total | 56,043.81 |
Amounts at the upper band (₹1618). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the CarTrade Tech Limited IPO?
One lot of 9 shares — ₹14,562 at the upper price band of ₹1618.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-08-20 on NSE.