Closed
CarTrade Tech Limited logo

CarTrade Tech Limited IPO

Mainboard IPOListedCARTRADENSE
Current Market Price (CMP)
₹2,820.30(+74.31%)
Current Price (CMP)
₹2,820.30(+74.31%)

Live Market Quote

Listing Price & Gain
₹1,599.80(-1.12%)

Day 1 Exchange Open

IPO Issue Price
₹1,618

Band: ₹1585 - ₹1618

Total Subscription
20.29x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
09 Aug 2021
IPO Bidding Closes
11 Aug 2021
Allotment & Refunds
Completed
Exchange Listing Day
20 Aug 2021

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 20.29x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)35.45x
Non-Institutional Investors (NII / HNI)41x
Retail Individual Investors (RII)2.75x
Total Subscription20.29x
Updated as on 11-Aug-2021 17:00:00

Listing Day & Return Performance

Listing Day Gain-1.12%
₹1,618 (Issue) → ₹1,599.80 (List)
Per share profit: ₹-18.20
Holding Return (Till Date)+74.31%
₹1,618 (Issue) → ₹2,820.30 (CMP)
Net gain per share: +₹1202.30
Post-Listing Performance (Listing Day → Today):+76.29%

About CarTrade Tech Limited IPO

CarTrade Tech Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 09 Aug 2021 and concluded on 11 Aug 2021, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹1585 - ₹1618.

During the bidding window, CarTrade Tech Limited witnessed heavy demand with an overall subscription of 20.29 times. Institutional investors (QIB) subscribed 35.45x, non-institutional high-net-worth investors (NII) subscribed 41x, and retail individual investors (RII) bid 2.75x their reserved quota.

The equity shares of CarTrade Tech Limited officially debuted on the stock exchanges on 20 Aug 2021 at an opening listing price of ₹1,599.80, delivering a listing day return of -1.12% (discount) over the final issue price. As per the latest market data, the stock trades at ₹2,820.30, representing an overall gain of +74.31% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of CarTrade Tech Limited IPO?
The issue price of CarTrade Tech Limited IPO was fixed at ₹1,618 per equity share. The indicative bidding price band was ₹1585 - ₹1618.
What were the open, close, and listing dates for CarTrade Tech Limited IPO?
CarTrade Tech Limited IPO opened on 09 Aug 2021, closed on 11 Aug 2021, listed on 20 Aug 2021.
How much was CarTrade Tech Limited IPO subscribed?
The IPO received an overall subscription of 20.29 times. Category-wise, QIBs subscribed 35.45x, NIIs subscribed 41x, and Retail investors subscribed 2.75x.
What was the listing price and listing gain of CarTrade Tech Limited IPO?
CarTrade Tech Limited IPO listed on the stock exchange at ₹1,599.80, delivering a listing discount of 1.12% compared to the IPO issue price of ₹1,618.
Is CarTrade Tech Limited IPO a Mainboard or SME IPO?
CarTrade Tech Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of CarTrade Tech Limited IPO since its IPO?
At the latest market quote of ₹2,820.30, CarTrade Tech Limited IPO has generated an all-time return of +74.31% since its initial public offering.

Related Mainboard IPOs (2021)