IPO Alert: CarTrade Tech Limited

Incorporated in 2000, CarTrade is a multi-channel auto platform with coverage and presence across vehicle types and value-added services. Their platforms operate under several brands- CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto and AutoBiz.

Bid/Offer Opens OnMonday, 09-Aug-21
Bid/Offer Closes OnWednesday, 11-Aug-21
Price BandRs. 1585 - Rs. 1618 per equity share
Lot Size9 Shares

How to apply via ABMA App | How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment17-Aug-21
Initiation of Refunds18-Aug-21
Credit of Shares to Demat Acct20-Aug-21
IPO Shares Listing Date23-Aug-21
UPI mandate expiry date29-Aug-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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