CarTrade Tech IPO Subscription Status Live

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.

Application Wise IPO Subscription (Retail): 2.4 times

Investor CategorySubscription (times)
Qualified Institutions35.45
Non-Institutional Buyers41.00
Retail Investors2.75

CarTrade Tech IPO (Day-wise) Subscription Details (times)

Day 1
Aug 9, 2021
Day 2
Aug 10, 2021
Day 3
Aug 11, 2021

CarTrade Tech IPO Shares Offered

CarTrade Tech IPO is a public issue of 12,972,552 equity shares. The issue offers 6,486,276 shares to retail investors, 3,706,443 shares to qualified institutional buyers, and 2,779,833 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

* Anchor Investor portion is not included.

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

CarTrade Tech IPO Subscription FAQs

The CarTrade Tech IPO is subscribed 20.29 by Aug 11, 2021.

CarTrade Tech IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional35.45
Non Institutional41.00
Retail Individual2.75
Employee Reservations[.]
Total Subscription20.29

Retail category of CarTrade Tech IPO subscribed 2.75 times as of date Aug 11, 2021. The public issue closes on Aug 11, 2021 for bidding.

An investor can apply in CarTrade Tech IPO online via bank (using ASBA) or the broker (using UPI). The CarTrade Tech IPO shares are offered online only.

The CarTrade Tech IPO is subscribed 20.29 by Aug 11, 2021.

The CarTrade Tech IPO allotment status is expected on or around Aug 17, 2021. Visit CarTrade Tech IPO allotment status to check.

The CarTrade Tech IPO listing date is Friday, August 20, 2021. The equity share of CarTrade Tech Limited will list on BSE, NSE.

Visit CarTrade Tech IPO subscription status page for real-time bidding information about CarTrade Tech IPO.

CarTrade Tech IPO Timetable

IPO Opens OnAug 9, 2021
IPO Closes OnAug 11, 2021
Finalisation of Basis of AllotmentAug 17, 2021
Initiation of RefundsAug 18, 2021
Credit of Shares to Demat AccountAug 20, 2021
IPO Listing DateAug 20, 2021


8. SURYAM     Link|Aug 19, 2021 6:17:26 PM
0/2 allotment
7. Velumuri Narayan Rao     Link|Aug 19, 2021 10:37:30 AM
I have applied for 117 shares (13 lots) in ipo as per my application No.11362333 through Axis Bank. It is astonishing to say that the entire amount has been refunded. I am surprised that though the retail portion of the ipo has been subscribed 2.75 times & 35% of the issue has been reserved for retail investors category, not even a single lot (9 shares) of shares has been allotted. It is impossible to happen this way. Kindly let me know whether :-

(1) there is any technical error in the allotment process at your end ?

(2) Is there any technical or any other error in my application ?

(3) Any error with Axis Bank ?

I am awaiting your reply. This may be helpful for me to avoid error while applying for ipos in future.

Yours sincerely,

Velumuri Narayan Rao.
6. Pramod Athavale     Link|Aug 18, 2021 6:45:49 PM
What is the latest GMP for Cartrade?
5. Mohit Mishra     Link|Aug 17, 2021 12:28:33 AM
CarTrade Tech Limited - IPO - Allotment Advice cum Refund Intimation.

I have applied 4 application from family members account 0/4 allotment this is when Retail subscription was 2.75x
5.1. GAG     Link|Aug 17, 2021 5:09:39 PM
hehe i got one
4. POORNA KAM SHARMA     Link|Aug 10, 2021 3:58:11 PM
Updated: 10 Aug 2021, 02:13 PM IST
Livemint, Edited By Asit Manohar
Car Trade IPO GMP today is ₹255, which simply means grey market is expecting Car Trade share listing at around ₹1873 ( ₹1618 + ₹255)
4.2. Ipo suggestion     Link|Aug 12, 2021 12:07:43 AM
Where I can see the GMP of any IPO going to list
4.3. dcpatan     Link|Aug 12, 2021 12:47:18 PM
3. MUNISH KUMAR SHUKLA     Link|Aug 11, 2021 4:29:20 PM
After looking at latest Subscription details, can we expect GMP to go up?? Thoughts please
2. Amrit Khanna     Link|Aug 10, 2021 2:01:15 PM
Doubt if IPOs will Sail thru'.Retailers beware.
1. Shahkc     Link|Aug 9, 2021 4:00:38 PM
As a lay person, I fail to understand the valuations. Company didn't earn Rs. 200 crore in last 3 years but by part sale of shareholding, they will earn more than rs.2950 crore. Retail investors need to be very cautious.
1.1. Shailesh Rajgolikar     Link|Aug 9, 2021 5:48:05 PM
The money is not going to company... All money is going to the existing investors who are selling their current share in company.
1.2. Amrit Khanna     Link|Aug 10, 2021 12:56:32 PM
Fake IPO. Taking Retail Investors for a big ride.Be careful.Dear Retail.