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CarTrade IPO subscribed 41% on Day-1 on strong retail interest

The bulk of the bids came from retail investors

CarTrade Tech IPO: Here's why brokerages suggest subscribing to the issue

CarTrade is an electronic exchange focusing on auto sector and thus there is no peer company having similar business operations

Street signs: Falling GMPs signal IPO fatigue, NFO targets on rise & more

According to market players, the GMP for CarTrade is 25 per cent, while Nuvoco Vistas is less than 10 per cent, over their offer price.

CarTrade IPO to open between August 9-11, to raise about Rs 3,000 crore

Offer priced at Rs 1,585-1,618 per share. With no fresh issue, IPO is a complete offer for sale

Aptus Value Housing, CarTrade, 4 others get Sebi's go-ahead to float IPO

As many as six companies including Aptus Value Housing Finance, CarTrade Tech, and Supriya Lifescience have received capital markets regulator Sebi's go-ahead to float initial share-sales. The other firms that received the regulator's nod are-- Krsnaa Diagnostics, Vijaya Diagnostic Centre, and Ami Organics. The six firms, which had filed their respective preliminary IPO papers with the markets regulator between May and June, obtained their observations during July 19-23, an update with Sebi showed on Monday. Aptus Value's initial public offer (IPO) comprises a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale of up to 64,590,695 equity shares by the promoter and existing shareholders, draft red herring prospectus (DRHP) showed. Proceeds from the fresh issue will be utilised towards augmenting the company's capital base and to meet future growth requirements. According to merchant banking sources, the IPO is expected to fetch Rs 2,600-3,000 crore. Onli

PE-backed CarTrade to acquire Shriram Automall for Rs 1.56 billion

STFC will sell 16,630,435 equity shares of SAMIL, with a face value of Rs 10 each, at Rs 94.03 per share