CarTrade Tech Ltd. IPO

The platform connects new and used car customers, car dealers, car OEMs, and other companies to buy & sell different types of cars.

CarTrade Tech Ltd. IPO Details

Check out the issue details for CarTrade Tech Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 1618

Price Band

₹ 1585 - 1618

Issue Size

2998.51 Cr.

Issue Type

Book Built

Open

2021-08-09

Close

2021-08-11

Listingprice

₹ 1599.8

ListingGain

-1.12%

Listing Date

2021-08-20

CMP

₹ 2991.5

Current Return

84.89%

Company Financials

You can get the following financial statements of CarTrade Tech Ltd. as of now.

The valuation of Car Trade Tech IPO company based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 1618
Existing Shares (Qty) 4.58 Cr
Market Cap 7410 Cr
EPS  Rs 22.06 
PE Ratio ~73x
Industry PE No peers

 

Car Trade Tech IPO issue size is 2998.51 Cr

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 2998.51 Cr

 

An Individual can apply for a minimum 1 lot of 9 shares and a maximum of 13 lots of 117 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 9 Rs 14,562
 Maximum 13 117 Rs 1,89,306

 

Car Trade Tech IPO is subscribed 20.29 times till 11th August. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription 
Qualified Institutional Maximum 50% 35.45 Times
Non-Institutional Minimum 15% 41.00 Times
Retail Individual Minimum 35% 2.75 Times
Total   20.29 Times

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Car Trade Tech IPO:

Schedule Date
Basis of Allotment 17 August 2021
Refunds 18 August 2021
Credit to Demat Account 19 August 2021
IPO Listing Date 20 August 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Car Trade Tech IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 92.79 124.85 156.68 186.68 237.72
Total Expenditure 87.86 303.33 159.79 170.73 181.21
Operating Profit 4.94 -178.49 -3.11 15.95 56.51
Other Income 20.45 32.12 56.24 46.27 44.64
Interest 0.31 0.68 0.62 0.57 0.74
Depreciation 4.84 4.88 6.11 8.08 9.5
Exceptional Items 0 0 0 0 0
Profit Before Tax 20.24 -151.93 46.4 53.57 90.92
Provision for Tax -59.17 -5.86 13.8 11.38 16.46
Net Profit 79.41 -146.07 32.6 42.19 74.46
Adjusted EPS (Rs.) 22.15 -3.13 0.7 0.9 1.57

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 42.38 46.62 46.84 46.89 47.44
Total Reserves 1607.8 1888.73 1951.61 2011.36 2103.21
Borrowings 0 0 0 0 0
Other N/C liabilities -52.17 -55.09 -43.61 -35.85 -19.72
Current liabilities 28.95 31.85 28.96 28.91 41.63
Total Liabilities 1626.97 1912.11 1983.8 2051.31 2172.56
Assets
Net Block 791.91 796.7 794.94 799.83 800.38
Capital WIP 0.13 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 158.88 158.89 158.89 682.74 682.31
Loans & Advances 8.36 10.25 9.04 11 11.04
Other N/C Assets 0.41 0.35 0.28 0.31 1.52
Current Assets 667.28 945.92 1020.67 557.42 677.31
Total Assets 1626.97 1912.11 1983.8 2051.31 2172.56
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Other Income 10.46 9.44 11.83 12.51 9.17
Profit Before Tax 19.06 30.64 27.51 29.41 37.19
Tax 3.31 6.25 6.07 6.42 8.5
Profit After Tax 15.75 24.39 21.44 22.99 28.69
Adjusted EPS (Rs) 3.33 5.15 4.52 4.84 6.03

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2025 0 0
Jun 2025 0 0
Mar 2025 0 0
Dec 2024 0 0
Sep 2024 0 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 20.24 -151.93 46.4 53.57 90.92
Adjustment -9.28 160.81 -21.37 -19.08 -17.62
Changes in Assets & Liabilities 5.07 9.21 -17.41 -13.73 -15.25
Tax Paid -1.19 -1.92 0.36 -9.02 8.51
Operating Cash Flow 14.83 16.16 7.98 11.74 66.56
Investing Cash Flow -329.29 -251.41 -17.4 -9.66 -67.85
Financing Cash Flow 317.31 243.74 -0.53 -5.43 1.19
Net Cash Flow 2.85 8.49 -9.95 -3.35 -0.1
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