CarTrade Tech Limited IPO Message Board (Page 43)

Sdz just a small correction, this one is not a tech company. It does not provide you technology related services.

@Kunal...Dude...Tech doesn''t mean only Technology service provider. Which industry/sector according to GICS/BICS/ICB would you classify online platform based company into... Consumer staples or consumer discretionary or Utilities or Energy? 😂😂 Dont be so nitpicky about correcting others as if you are perfect. All the best

I''m not perfect but one thing is for sure you don''t understand the tech business. Ye company khud tech companies ki client hai. Even if tech companies business grow iska usse nhi increase nhi hoga, ye retail business hai trading of cars, Tech me agar ise daloge then i think before understanding this stock market, you need understand the kinds of business coz usme bohot weak ho brother tum. All the best in your learning and hope you learn good ki itna differentiate kr sko that retail business on online platform and tech business are two different kinds and not same.. best of luck

Sdz
they try to be over smart
doing noting and just pin pointing
so that the person leaves the site
There are vested intrest people on this
site , to create nuisence and distract
good people not to write on site .
now i am after this people

@Kunal I think its you who needs to understand

@Chemcho... Exactly..we try to post info or our view etc regarding the IPO and people like them instead of taking the gist they pinpoint something unimportant as if it is an exam paper and infest our minds

@ Kunal, Ever heard of Edu-Tech. They got almost banned in China. Which type of ''technical'' support, they were providing to students, so that china government got irritated.

Kunal, looks you are a novice here and trying to enforce your own thoughts.

@kunal, so Amazon is not a tech company? It must be retail company according to your analysis.

Tycooninvestor ever heard of AWS. Let me guess you haven''t. Tum jitna cloud cloud krte ho na tech ke lie bhi wo amazon de rha hai directly or indirectly sbko be it your Infosys, Wipro cisco, and even microsoft. The biggest tech giant on cloud services rn. The biggest cloud service provider that''s amazon jha se uska main profit aata hai na ki online products selling se.

John deo edu-tech ke saare business dekh lena ek baar. Tum logo ko sirf itna dikhta jitna dikhaya jata tumhe tbhi itna hawa me ho.
And also as complication of sde thoughts Zomato and nykaa bhi tech hui. You people are smart enough. Bhagwan tum jesi smartness wale log har jgh rkhe :p

@sdz
@chemcho

"Karam kar, Phal ki apeksha mat kar."

You guys carry on the good work.

You guys explain your opinion. Its not enforced on anybody. As long as the sensible people appreciate it, that''s all you should get happiness from.

Thank you guys again... Especially @chemcho @aniketiaf for your valuable views

@kunal This is a new age internet company. Don''t always try to fit it within the rigid definition.... It is a unique business model which leverages internet to provide services. Their main source of income is commission from sale of cars through e-auction so it is essentially an internet company.
@sdz please carry on the good work. It''s unfortunate that people find fault in every post by experienced people.

Thanks All and sorry guys for the disturbance caused. I''m usually not offensive and mostly ignore but today somehow replied and thread got extended this long 😄

With 41x subscription almost final, I''ll be getting 55 shares. I bet fully on this CarTrade instead of sharing some lots with Krssna. Let me see how much i missed. Looks like volatility will reduce with today''s recovery in secondary market and hope GMPs may improve here on 👍

Now all eyes on today''s Devyani allotment and whether the refunded amount to be put on use tomorrow on Aptus without giving any break 😂

Not obliged.

No, it''s optional

Means only 20-25 times...I feel that is less....again 60-80k crore funds will be managed I think so it may be around 50-70 times combined for both....

@lokes - Possibly yes...20-25x is conservative but keeping in mind that Aptus & Chemplast are also closing on 12th, hence I feel that HNI over subscription maybe a bit controlled. But MARKET is boss...so let''s see.

9.9 bn HNI quota for Aptus + Chemplast...so all put together 21.9 bn for the 4 IPO''s coming next week.

A rarest of rare scenario can be, devyani funds will unblocked on 11th only. Way too early, just like Zomato. Very rare to happen but not impossible. Lets see.

@Duck

Allotment time t+4 ends on 12th Aug. For funds to be used for CarTrade, allotment should be atleast done by 11th morning or 10th late night (which seems highly unlikely), coz even if allotment is done by 11th eve not all funds get unblocked immediately it takes time. Only upi applicants can benefit as mandate creation time is next trading day 12pm.

Nothing sure in IPO market, in Glenmark life QIB 37 times, hni 122 times and listing gain was 4%
In Anupam rasayan QIB 65x, hni100x but listed in discount. Many more example also there.
Sona, Krishna behaved against subscription number.

IPO size is not small. So, subscription figures are decent.

You have time till 11:59 AM on 14th Aug 2021..