CarTrade Tech IPO: Allotment likely from today; check refund, shares transfer to demat account and LISTING DATES; follow this step-by-step guide to Know ALLOTMENT STATUS on BSE

CarTrade Tech IPO allotment date is expected on August 17, 2021. The refund initiation date for the IPO is on August 18, 2021, and the date for the demat transfer of shares is on August 20, 2021. The investors must also note that the listing date for the CarTrade Tech IPO is expected on August 23, 2021. Source: cartrade.com

The Rs 2,998.51-crore initial public offer (IPO) of up to 18,532,216 equity shares, was in a price range of Rs 1,585-1,618 per share. Source: cartrade.com and PTI

The initial public offer of CarTrade Tech was subscribed 20.29 times on the closing day of the subscription. The three-day IPO received bids for 26,31,74,823 shares against 1,29,72,552 shares on offer, as per exchanges data. The category for qualified institutional buyers (QIBs) received 35.45 times subscription, while the portion for non-institutional investors was subscribed 41 times. The retail individual investors (RIIs) quota was subscribed 2.75 times. The company said that it has raised Rs 900 crore from anchor investors. Source: PTI

Step 1 Login at BSE link — bseindia.com/investors/appli_check.aspx;

Step 2 Select CarTrade IPO

Step 3 Enter your application number

Step 4 Enter PAN card details

Step 5 Click at 'I'm not a robot'

Step 6 Click at 'Submit' button.

You will get the details of CarTrade IPO allotment status. Source: PTI

CarTrade was founded in 2009. The company is backed by marquee investors like Warburg Pincus, Temasek, JPMorgan, and March Capital. The platform allows customers to buy and sell used cars as well as new cars. Source: PTI