Cartrade Ipo Subscription Status Retail

By Zachary Bruce August 20, 2021

Cartrade Ipo Subscription Status Retail. The Issue saw an overall subscription by the investors. In terms of numbers out of the 12973 lakh shares on offer in the IPO CarTrade Tech saw applications for 12891 lakh shares. The CarTrade Tech IPO was subscribed a total of 099 times on day 2 of its IPO.

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This implies an overall subscription of 041X.

At the upper end of the price band the IPO is expected to mobilise Rs 299851 crore. At the upper end of the price band the IPO is expected to mobilise Rs 299851 crore. The company to raise 2998 crores via IPO at a price band of 1585 to 1618.

Retail investors are non-institutional investors who place IPO bid of not more than 200000. As per the combined bid details put out by the BSE at the close of Day-1 of the issue CarTrade IPO was subscribed 041X overall with bulk of the demand coming from the retail segment. The issue closes on Wednesday 11th August.

CarTrade IPO subscription to start from August 9 2021 Monday. The issue closes on 11th August. The public issue closes on Aug 11 2021 for bidding.

As per the combined bid details put out by the BSE at the close of Day-2 of the issue CarTrade IPO was subscribed 099X overall with bulk of the demand coming from retail segment. The retail portion of this IPO is 35 QIB is 50 and HNI is 15 quota. CarTrade Tech IPO Allotment Status FAQs.

What is the retail investors subscription status of CarTrade Tech IPO. CarTrade IPO subscription status starts from 09 Aug 2021 and closes on 11 Aug 2021. The minimum bid for the IPO is 9 shares that cost 14562 for l lot.

It was subscribed 080 times in the retail investor category. The CarTrade Tech IPO was subscribed a total of 041 times on the first day of the issue opening. At 1 pm while the portion reserved for qualified institutional buyers was subscribed 237 times that of non-institutional investors NIIs was booked 1443 times.

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