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CarTrade Tech IPO Subscription Details (Live Status)

CarTrade Tech IPO Details

Issue Open Aug 9, 2021
Issue Close Aug 11, 2021
IPO Price ₹1618
Face Value ₹10
IPO Size ₹2,998.51 Cr
Listing At BSE, NSE
IPO Lot Size 9

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
Employees[.]
Others[.]
Total20.29

CarTrade Tech IPO Subscription Details (times)

DateQIBNIIRetailTotal

Day 1
Aug 9, 2021

0.01

0.03

0.80

0.41

Day 2
Aug 10, 2021

0.59

0.27

1.53

0.99

Day 3
Aug 11, 2021

35.45

41.00

2.75

20.29


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 Offered%
QIB3,706,44328.57%
NII2,779,83321.43%
Retail6,486,27650.00%
Total12,972,552100%

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)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

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[.]
Others[.]
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 Comments

8. SURYAM  Aug 19, 2021 18:17
0/2 allotment
7. Velumuri Narayan Rao  Aug 19, 2021 10:37
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  Aug 18, 2021 18:45
What is the latest GMP for Cartrade?
5. Mohit Mishra  Aug 17, 2021 00:28
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  Aug 17, 2021 17:09
hehe i got one
4. POORNA KAM SHARMA  Aug 10, 2021 15:58
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  Aug 12, 2021 00:07
Where I can see the GMP of any IPO going to list
4.3. dcpatan  Aug 12, 2021 12:47
175 BYER MAY INCRESE TO 350 TILL LISTING
3. MUNISH KUMAR SHUKLA  Aug 11, 2021 16:29
After looking at latest Subscription details, can we expect GMP to go up?? Thoughts please
2. Amrit Khanna  Aug 10, 2021 14:01
Doubt if IPOs will Sail thru'.Retailers beware.
1. Shahkc  Aug 9, 2021 16:00
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  Aug 9, 2021 17:48
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  Aug 10, 2021 12:56
Fake IPO. Taking Retail Investors for a big ride.Be careful.Dear Retail.