August 9, 2021 - August 11, 2021

CarTrade Tech IPO Review & Recommendations

Anand Rathi, Arun Kejriwal, Ashika Research, BP Equities (BP Wealth), Hem Securities, ICICI Direct, Investmentz Ltd, Motilal Oswal, Nirmal Bang and InvestorGain.com have given "Apply" recommendation to CarTrade Tech IPO. Capital Market and Dilip Davda have given "May Apply" recommendation to CarTrade Tech IPO. Axis Capital, Edelweiss Broking Ltd, HDFC Securities Limited, JM Financial Institutional Securities and Ventura Securities Limited have "Neutral" view about the IPO. Canara Bank recommend to "Avoid" the IPO.

CarTrade Tech IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	10	2	5	1	0
%	55.56	11.11	27.78	5.56	0.00

CarTrade Tech IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Anand Rathi	Apply
Arun Kejriwal	Apply
Ashika Research	Apply
Axis Capital	Neutral
BP Equities (BP Wealth)	Apply
Canara Bank	Avoid
Capital Market	May Apply
Dilip Davda	May Apply
Edelweiss Broking Ltd	Neutral
HDFC Securities Limited	Neutral
Hem Securities	Apply
ICICI Direct	Apply
Investmentz Ltd	Apply
JM Financial Institutional Securities	Neutral
Motilal Oswal	Apply
Nirmal Bang	Apply
InvestorGain.com	Apply
Ventura Securities Limited	Neutral

CarTrade Tech IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for CarTrade Tech IPO is 48. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	48	May subscribe

CarTrade Tech IPO Review by Dilip Davda (May apply)

[Dilip Davda] After seeing the recent madness for lossmaking companies IPOs, this profit-making companyÃƒÂ¢Ã¢â€š-Ã¢â€žÂ¢s IPO is set to generate more fancy. The only caution is the exorbitant pricing it is asking for being the first mover in the segment to go for listing. Hence cash surplus/risk seekers may consider investing in this IPO. Read detail review...

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