What is CarTrade IPO?

Multi-channel auto platform CarTrade Tech shares made a weak debut as the stock listed with a 1.11 percent discount to issue price of Rs 1,618 per share. The stock opened at Rs 1,600 on the BSE and Rs 1,599.80 on the National Stock Exchange.

Can we subscribe CarTrade IPO?

However, considering the future prospect of the company and it is also placed at a sweet spot as the first mover advantage, Anand Rathi assigned subscribe rating to CarTrade Tech IPO and advised that investors can invest in this company with medium to long term perspective.

What does CarTrade Tech do?

CarTrade Tech plans to acquire and invest in companies which will help the group digitize the buying and selling journey of vehicles. The company will acquire and invest in companies offering differentiated services and technology in the automotive space, Cartrade said in a statement.

What is the listing date of CarTrade IPO?

CarTrade Tech IPO is all set to make its stock market debut on Friday, 20 August 2021, after the issue got 20.29 times subscription.

What is CarTrade listing price?

CarTrade Tech lists 1\% below issue price at Rs 1,600 per share | Business Standard News.

Can I sell shares of IPO on listing day?

BSE and NSE allow a special pre-open trading session for IPO shares on listing day (only first day of their trading). If listing price is equal or higher than the price you order to sell in pre-open; your shares are sold at the listing price.

How many subscribers does CarTrade IPO have?

CarTrade Tech IPO subscribed 20.29 times. The public issue subscribed 2.75 times in the retail category, 35.45 times in QIB, and 41.00 times in the NII category by Aug 11, 2021….CarTrade Tech IPO Subscription Status Live.