Tuesday, August 17, 2021

CarTrade IPO Listing on 20 August 2021 on NSE & BSE

CarTrade IPO to list on NSE and BSE on 20 August 2021, Friday at 10:00 AM. The CarTrade IPO subscribed 20.29x times overall that comprises QIB 25.45x, NII 41.00x and Retail 2.75x. The company got a good response on the last day of the subscription where QIB and NII came up with the good numbers. As per the latest grey market rates the CarTrade GMP stood at 180-200 level. We can expect the IPO to list around 10-15% premium. CarTrade is one of the leading online automobile platform. CarTrade reported ₹282 crores of revenues in 2021 against ₹318 crores in 2020. The PAT was stood at ₹101.07 crores in 2021 compared to ₹31.29 crores in 2020. Check out the CarTrade IPO listing details as given below:

Latest Update: CarTrade IPO make its debut at a discount of 1%. The CarTrade share listed at 1600 on the indices. The reason for the negative listing is the selling pressure on the Indian stock market where the market open on a lower rate and that affected the CarTrade listing. The stock hit a high at a IPO price of 1618 and low of 1475. We can expect the stock to stable if the market goes on the positive side.

CarTrade


    CarTrade Share Price Live Quote

    Details BSE Listing NSE Listing
    IPO Price
    ₹1618.00
    ₹1618.00
    List Price
    ₹1600.00
    ₹1599.80
    High Price
    ₹1600.00
    ₹1618.00
    Low Price
    ₹1478.00
    ₹1475.00
    Close Price
    ₹1500.10
    ₹1501.05
    Volume
    5,21,675
    1,15,73,178
    BSE Notice of Listing: Notice 1 | Notice 2


    CarTrade IPO Listing Details

    Find the CarTrade IPO listing details like BSE Code, NSE Code, ISIN Number and Listing Group. The information given below will help you on the CarTrade share listing day.
    BSE Code543333
    NSE CodeCARTRADE
    GroupB
    ISIN NoINE290S01011
    Offer Price₹1618
    Face Value₹10
    Listing Date20 August 2021, Friday

    Important Links:


    CarTrade IPO Subscription Status (Final Data)

    (Over Subscribed)

    Category Day 1 Day 2 Day 3
    QIB 0.01x 0.59x 35.45x
    NII 0.03x 0.27x 41.00x
    RII 0.80x 1.53x 2.75x
    Total 0.41x 0.99x 20.29x

    CarTrade IPO Time Table

     Price Band Announcement:  02 August 2021
     Anchor Investors Allotment:  06 August 2021
     IPO Open Date:  09 August 2021
     IPO Close Date:  11 August 2021
     Basis of Allotment:  17 August 2021
     Refunds:  18 August 2021
     Credit to Demat Account:  18 August 2021
     IPO Listing Date:  20 August 2021

    CarTrade IPO Listing FAQs:


    When is CarTrade IPO Listing Date?
    CarTrade IPO listing date is 20 August 2021, Friday.

    What will be CarTrade IPO Listing Price?
    The IPO listed at ₹1599.80 on NSE and at ₹1600.00 on BSE. As per the market speculations the IPO to list at ₹1800-₹1900.

    Will CarTrade will list on NSE and BSE?
    Yes, The IPO to list on NSE and BSE both the indices.

    How much returns expected in CarTrade IPO?
    The IPO might give a listing gain of ₹1500 to ₹2500.

    Should I buy CarTrade shares on listing day?
    The long term investors should buy the stock on the listing day.

    What is a BSE and NSE Code for the CarTrade IPO?
    The BSE Code is 543333 while NSE Code is CARTRADE.

    Open Demat Account