CarTrade Tech Limited IPO Message Board (Page 45)

What is the current gmp of car trade??
Can we apply for listing gains?

I don''t have funds with me as they are blocked in krsna and devyani ipo.
If i apply for cartrade today, can i approve their mandate tomorrow?

Can I use Devyani & Krsnaa funds to this IPO.

no

Try to create mandate before 5P.M today, If the fund unblocking of Devyani and Krsnaa starts from today evening, then you may have chances to apply for this IPO by accepting the UPI mandate before 12P.M tomorrow afternoon.
Depends on unblocking of Devyani and Krsnaa funds

current GMP?

Subscription figures are improving , lets hope for bumper figures by 3.30

Dear All,
Facing an issue while applying for IPO using Zerodha Mobile App, while approving my UPI request on mobile App (ICICI) the same is getting rejected (have experienced the same in last couple of IPO though I am giving corrected, why I am sure because I am using the same UPI & credentials for adding funds to my Zerodha Account. Have anyone facing similar issues?

Applied with full force looking at QIB and HNI subscriptions at 1.45 PM.

I will wait till QIB subscription reaches 30X.

For the benefit of non-tech investors here..
Usually all companies employ technology in some form or another. For that matter you can create your own website and host with in hour. So finer categorizing is required when looking at companies who claim technology companies.
This company hosts website with car related content. Revenue comes from ads of Dealers/Car manufacturers. Where their buy/sell websites gives commission, but here competition is very high, every tom and dick competes in this space (so many options for car sellers).
Most of the gig based companies (eg Zomato, which dont employ delivery boys but calls them delivery partners and pay only for task completed like daily wagers. So costs are low and easy to scale up. here real asset is app and software stack behind it. Doordash charge 5% of order value and on top 5% min tip. Idea is India can reach there eventually) employ cutting edge tech (AI/ML -real one not just old data mining/warehousing) and grows super fast.
Usually software is easy to scale (bluntly copy/paste), initial product takes time and money but then you add more users your costs goes down quickly, on a large scale almost ZERO.

Dont get into the trap of claim of tech companies and high valuations. Understand the business, if you think company can get to profit eventually then only invest.

can approve upi mandate after krsnaa and windlas refund ?

Applied one lot in retail in all 5 accounts on the first day first hour. Not going to change my decisions.

latest gmp

I applied in Cartrade ipo.. let''s see...

good. Applied 6

Ok

Placed two applications viz.,

One for only one lot and
Another for 15 lots.

Very risky bet.

Let us see the outcome on listing day, if alloted with.

My personal view.

Apply for listing gain.

Bank se acha returns milega

HONEST

*Why midcaps are fallings*

Till not there was daily limit of 5 to 20 percent .

Now there will be weekly circuit limit , monthly circuit limit , quarterly circuit limit and yearly circuit limit.

Meaning if weekly circuit limit is 30 percent , then stock cannot rise more than 30 percent in a week. It will remain for uc for entire week .

And suppose if the limit for month is 30 percent then after stock rises 30 percent then money is blocked for entire month in that stock . Who will block the money.


So from 23rd August this stock market drama of limit is going to start

Time to put money in US stocks, where there is no limit. GIFT city is bringing you a gift. Hope everything go as planned. BSE and NSE is all in in this plan.

one more reason to move free market which one is booming nowdays aka cry*** market

Friends cool down sab log dur bhag rahe hai iska matalab hai ki ipo apply krna chahiye
Company is very good futures

Is Car Trade better internet company than Just Dial at cmp ??

Car Trade with no promoters, Just Dial with 67% Reliance Ind as promoter.
Car Trade with 30 cr profit is valued at 7500 cr, Just Dial with about 200 cr profit is valued at 7500 cr (post dilution).
For Car Trade competition is stiff, for Just Dial only Indiamart is competitor.
Car Trade has little cash in book, Just Dial has huge cash in book.
Just Dial has better MOAT than Car Trade.

Any reasons how Car trade is better than Just Dial ???

Though businesses are different but tag of Internet company is same for both.

Applied but will accept mandate later based on subscription. Not applying in all acounts but only in 2-3 accounts.

i have aply 30 lot difrent account wait and watch kya hote he

If your money is blocked in previous 4 IPO''s, still you can apply.
Apply with UPI and accept the request by tomorrow 12 PM Noon.
And by that time amount blocked from previous 4 IPO''s will be released tomorrow.

Sushil Ji yaha risk hai money blocked is not an issue for ipo lover]

IPO ke liye kuch bhi karega

Unblocking may be tomorrow after noon but there is no harm in taking chance as nothing is at risk by applying through UPI and keep waiting.