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Car Trade IPO

Car Trade Tech Ltd.

₹14,265 /9 sharesMinimum Investment

Car Trade IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
9 Aug ‘21 - 11 Aug ‘21₹14,2659₹1,585 - ₹1,618
Issue SizeIPO Doc
2999.00Cr
RHP PDF

Subscription Status As on 11 Aug '21, 5:00 PM

  • Retail Individual Investor
    2.75x
  • Non-Institutional Investor
    41.00x
  • Qualified Institutional Buyers
    35.45x

About Car Trade

Car Trade Tech Limited is a multi-channel auto platform with coverage and presence across vehicle types and value-added
Parent Organisation
Car Trade Tech Ltd.
Founded
2000
Managing Director
Vinay Vinod Sanghi
CarTrade Tech IPO Review, Date, Price, Details, Financials - Upcoming IPO 2021 | IPO review

Strengths & Risks

  • Leading marketplace for automotive sales with a synergistic ecosystem.
  • Trusted brands for automotive buyers and sellers and offers a superior customer experience that drives powerful network effects.
  • Proprietary end-to-end technology platforms.
  • Focus on data science to provide superior solutions.
  • Profitable and scalable business model.
  • A strong management team with significant industry experience.
  • Impact of a general decline in individual car ownership or sudden declines in demand for certain types of vehicles.
  • Continuing impact of the outbreak of the COVID-19.
  • Disruptions, failures, or breaches of its technology platforms.
  • Actual or perceived failure to protect personal information and other data.
  • Inability to keep pace with advances in technology or develop and introduce new and complementary products and services in a timely manner.
  • Fraudulent behavior of sellers or purchasers of used vehicles listed on its platforms.
  • Failure to maintain, protect, and enhance the recognition and reputation of its brands.
  • Inability to acquire, use, and maintain its domains and trademarks.
  • Dependency on a high ranking in organic search results or presence in app stores.
  • Failure to provide quality content on CarWale, CarTrade, and BikeWale.
  • Increase in competition among automotive digital platforms.
  • Decrease in the acceptance of its online offering as a suitable platform for the sale and purchase of vehicles.
  • Dependency on the culture and attractiveness of its platforms to potential and existing users.
  • Changing laws, rules and regulations, and legal uncertainties, including the withdrawal of certain benefits or adverse application of tax laws according to Cartrade IPO details.
  • Theft or damage of used vehicles in its auto malls.
  • Dependency on third-party service providers for many aspects of its business.

Financials

*All values are in Rs. Cr
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