CarTrade Tech Ltd. share price target

Cartrade Tech Limited IPO Note Issue Open: Aug 09 Aug 11 2021 Price Band: Rs. 1585 1618 *Issue Size: 18,532,216 eq shares (Entirely Offer for sale ) Issue Size: Rs.2937.4 2998.5 cr Reservation for: QIB atleast 50% eq sh Non Institutional atleast 15% eq sh Retail Upto 35% eq sh

The Company will not receive any proceeds of the Offer for Sale by the Selling Shareholder. (of up to 2,264,334 equity shares by CMDB II, up to 8,409,364 equity shares by Highdell Investment Ltd, up to 5,076,761 equity shares by Macritchie Investments Pte. Ltd., up to 1,765,309 equity shares by Springfield Venture International, up to 183,333 equity shares by Bina Vinod Sanghi, up to 70,000 equity shares by Daniel Edward Neary, up to 262,519 equity shares by Shree Krishna...

IPO Note

Cartrade Tech Limited (Cartrade) was incorporated on April 28, 2000. Cartrade is a multi-channel auto platform with coverage and presence across vehicle types and value-added services. They offer a variety of solutions across the automotive transaction value chain for marketing, buying, selling and financing of new and pre-owned cars, two-wheelers as well as pre-owned commercial

CarTrade Tech (CTT) is a multi-channel auto platform with a presence across varied vehicle types and value-added services. Through its platforms (operated under the brand names of CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto and AutoBiz), the company serves as an integrated online and offline marketplace for vehicle owners, dealerships, OEMs and other businesses. Its services span the gamut of automotive transaction value chain, i.e. marketing, buying, selling and financing of new and pre-owned cars, 2-W, CV and other vehicles. As of...