CarTrade Share Price
CarTrade Share Price. Since there is still 5 full days left for likely listing of the public issue we can. But sluggish listing of some IPOs and weak market trends have hurt CarTrades premium. The IPO price band is 1585 to 1618 per equity share.
In the latest quarter company has reported Gross Sales of.
CarTrades GMP once touched Rs 600. Cartrade IPO price is Rs 1585 to 1618 per equity. Market observers said that dip in CarTrade share price in grey market after the share allotment was expected.
CarTrade Tech shares bought listed at Rs 1599 down 112 per cent from the IPO of Rs 1618 apiece. This IPO is open from 9th August 2021 to 11th August 2021 which will be listed on both BSE and NSE stock exchanges. The company has raised funds at Rs 1377 per share in April 2021 from institutional investors which is about a 17 premium to the issue price.
CarTrade Tech shares were. Was incorporated in the year 2000. This premium appears to be unwarranted when revenue momentum moderated since then due to the second wave of Covid-19.
A price range of Rs 1618 per share is the upper limit of the companys plan to raise Rs 299851 crore through its offer. Cartrade Share Price Cartrade IPO Review The initial public offering is a book built issue IPO. The Rs 299851-crore initial public offer IPO of up to 18532216 equity shares was in a price range of Rs 1585-1618 per share.
When will the CarTrade IPO open for subscription. The issue size of the initial public offering is up to Rs 299851 crore. The initial public offering of CarTrade Tech was subscribed a little over 20 times.
CarTrade poised to tap digital shift but carries a few risks 09 Aug 2021 0646 AM IST. CarTrade IPO had a face value of Rs 10 per equity share. The size of the CarTrade IPO offer is expected to be approximately 250275 million.
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