CarTrade Tech IPO is now open for subscription from Monday August 9, 2021 and will remain open for bidding till Wednesday, August 11. The issue price has fixed to Rs 1,585-1,618 per equity share by the company’s official. The ongoing time is considered a golden time for debuting to the Indian Capital Market after seeing the Zomato’s outstanding performance. We discuss here Cartrade Tech IPO 2021 allotment, how to check allotment status, important dates, Grey Market Premium (GMP) and frequently asked questions.
Cartrade Tech IPO 2021 Important Date
Find below important dates relating Cartrade Tech IPO 2021 which includes issue open and close date, Basis of Allotment to be finalized by, refunds initiation, Credit of Equity Shares and notified date for listing.
|Date of opening of Bid or Offer||9th August 2021|
|Date of closing of Bid or Offer||11th August 2021|
|Basis of Allotment would be finalized by||17th August 2021|
|Refunds will be initiated by||18th August 2021|
|Credit of Equity Shares||20th August 2021|
|Date of listing||23rd August 2021|
How to Check Cartrade Tech IPO 2021 Allotment Status?
Please find the procedure below to check CarTrade Tech IPO allotment status online:
Step 1: You need to open the respective page for CarTrade Tech IPO allotment status.
Step 2: You’ll be asked to enter details like your application number to DP Client ID belongs to your demat account , and PAN card number and it will display your CarTrade Tech IPO allotment status in the following way:
- PAN Number: Your PAN Number as entered by you
- Application Number: Your Application Number You used while applying for CarTrade Tech IPO 2021.
- Name: Your Full Name
- No. of Shares Applied: It will show the number of shares you have applied for. In case of CarTrade Tech IPO the minimum order quantity is 9 shares.
- Shares Allotted: It will show the number of shares allotted to you successfully.
You can also check CarTrade Tech IPO allotment status at BSE Portal and for the same you need to follow the steps as shared below:
Step 1: You need to find and click the dedicated link for BSE IPO allotment status.
Step 2: Then go to Equity option.
Step 3: Further, you need to choose CarTrade IPO as an option against the issue title. You will find this option once the finalization of allotment is done.
Step 4: You’ll be asked to enter CarTrade IPO application number along with your PAN number.
Step 5: Please mark the box showing you are not a robot.
Step 6: Hit the search button and the CarTrade IPO allotment result will be displayed on screen.
Please make a note of the following whether you are bidding for CarTrade IPO 2021 or trying to check your allotment status online.
|Date of Opening and closing CarTrade IPO 2021||From 9th August to 11th August 2021|
|Face Value||Rs.10 per equity share|
|Who is the issuer or company?||CarTrade Tech Limited|
|Official Registrar||Link Intime India Private Limited|
|Price of IPO||Rs.1585 – Rs.1618|
|Type of Issue||Book Built Issue IPO|
|Listing on||NSE, BSE|
|Minimum order quantity||9 Shares|
|Minimum Amount||Rs. 14,562/-|
|Maximum Amount||Rs. 189,306/-|
|Issue Size||Rs 2,998.51 crore|
Cartrade Tech IPO 2021 Grey Market Premium (GMP)
As on 9th August 2021, the Grey Market Premium of Cartrade Tech IPO 2021 stood at Rs 450/-. It means the shares were being traded at a premium of INR 2,035 to INR 2,068 per equity share. The basis of allotment will be finalized on 17th August 2021, while refunds are to be initiated on 18th August 2021.
Frequently Asked Questions
Question 1: When will Cartrade Tech IPO allotment status available?
Answer: The allotment status for Cartrade Tech IPO 2021 will be available on 17th August 2021.
Question 2: How to check Cartrade Tech IPO allotment status online?
Answer: We have discussed the method of checking Cartrade Tech IPO allotment status online above. Please follow the procedure to get your allotment result.
Question 3: What will be the listing price of Cartrade Tech IPO?
Answer: The listing price depends upon a number of factors such as market status, nature of business, demand and many more. The actual listing is quite difficult to announce at this stage.
Question 4: I didn’t get the allotment, what are the possible reasons?
Answer: There could be various possible reasons if you didn’t get the allotment and some of them are as follows:
- Your application gets rejected due to some incorrect information or some other reasons.
- The Cartrade Tech IPO becomes oversubscribed and hence the allotment would be based on lottery result.
- The issue price is more than the bid price.
Cartrade Tech Contact Details
Registered and Corporate Address
CarTrade Tech Ltd,
12th Floor, Vishwaroop IT Park,
S Pranavanandji Marg, Sector 30A,
Vashi, Navi Mumbai,
Phone Number: 022-67398888
Official Website– https://www.cartradetech.com/