CarTrade Tech Limited IPO Message Board (Page 51)

Increase in retail quota from 35 to 50 % will increase retail allotment . Minimum 50 % allotment is sure and this will impact on GMP on listing day .If QIB 100 times and HNI 250 times then only listing gain like otherwise ,no gain but loss is very likely as ipo is over priced . Better avoid as profit is very little likely and loss is not unpredicted .

Basic and Diluted Earnings Per Share (“EPS”) at face value of Rs 10, as adjusted for change in capital:
March 31, 2019 Basic EPS 4.31
March 31, 2020 Basic EPS 5.65
March 31, 2021 Basic EPS 22.06

March 31, 2019 Diluted EPS 3.87 1
March 31, 2020 Diluted EPS 5.07 2
March 31, 2021 Diluted EPS 19.19

IF P/E CALCULATED ON Diluted EPS THEN IT IS (1618/19.19) 84.31 WHICH IS MUCH MORE THAN TRAILING EPS 73.34.
ADDITIONAL 47,03,268/- SHARES ARE AVAILABLE UNDER ESOP PLAN MUCH LOWER THAN IPO PRICE. (ESOP PRICE RANG BETWEEN RS.11-825).
THAT VASTED OPTION IS APP 25% OF IPO SIZE.
PLEASE READ RHP ONCE BEFORE GOING FOR APPLYING IPO.

Was cartrade anchors there? Actually as this is a ofs was there an anchor? Sorry I am new so confused..
If anchors was there was it good for cartrade?
All 4 ipos are very less subscribed till now in which cartrade looked good but that was also not subscribed upto par..
What are all your views ??
Apply or pass???

FY21 Adjusted PE 200 😲😱 and still I''m applying. This is what we call as IPO addiction i think 😂😂

very high PE ratio.

Entire GMP is just a game plan. Jus ask anyone if they know any one who is actually buying. Everyone will say, GMP is just heard, no actual deals.

Car trade Rs 275 -285

@ChemCho sir GMP is slipping heavily for car trade.. do you recommend apply?

is there any one interested in buying. I am ready to sell 8 applications.

It appears Company has made lot of adjustments in the financials. When entire year has gone in Pandemic (FY 20-21) company has shown highest profit. Also, it is only OFS. The promoters are selling their stake and running away with entire money. Even if they are selling only small stake, doesnt matter. The value they are asking for that small stake is much more that entire money they have invested. Please pelase stay away from such OFS. It is wrong to say this is IPO. It is actually OFS only.

Can someone tell me how the PAT increased 3times.. of car trade even if the turnover declined sharply in 21.. also what is the operating profit for the 21..
What is the use of fund other than trading of used car??

Revenue declined marginally (sharply is not the word I would use for a 5-10% movement).

In that PAT of Rs 101 crores, Rs 64 crores is because of some accounting changes that happened because of the govt. passing a bill in 2021 (related to depreciation of goodwill). To comply with that bill, the company put 64 crores as deferred tax in the P&L statement.

Take that out and you end up with Rs 37 crores of profit for FY21, this is the figure you can consider to decide weather to invest or not.

Car trade not selling only used car, they different type of software product for car dealer , CRM software, they also provide IT solutions for car dealer, they also earn for car bikes review, they have other vertical business resources.

This Cartarde is not IPO but offer for sales, All 2998 crore is offer for sales & promoter take money home.

Promoter u make 29 crore profit/year & using bull market sentiment for sell 40% stake. If company is good why u dumping 40% stake.

If u take ipo for rising money for company expansion that''''s ok but this is not ipo but offer for sales for buying luxurious car, home for yourself.

SEBI look at & remove IPO tag, This is offer for sales & rising money only for promoter own use & misguide Investor.

Even All 4 IPO over valued ignore all 4 ipo, They will use Market bull sentiment.


Nuvoco Nirma group company, Nirma delisted in 2011 at price 260 now it''s group company coming with ipo

Chemplast delisted in 2012 at just Rs 15, Now same company coming with ipo price 541 mean Promoter buy back all share at 15 in 2012 now same share they will give public 30x more price Rs.541...What a fraud bull shit.

I agree with you but just a factual correction, Chemplast delisted at 15 with a face value of 1 per share and getting relisted at 541 with face value of 5 per share. So for comparison purpose use 75 as a delisting price.

can someone help me if turnover of card trade declined in year 2021 how the PAT increased 3 times? what is the operating profits of the company in year 2021 and business model except trading of used cars?

Dear owls eye what''s your view and suggestions for presently 4 ipos comings in this week? have you applied all ipos? reply ASAP

Imo decision tomorrow after QIB /HNI applies in good numbers .

Why Cartrade retail quota is increase from 35% to 50% & QIB have decreased there quota from 50% to 28.57%

Category      Shares Offered      Allocation
QIB      3,706,443      28.57%
NII      2,779,833      21.43%
Retail      6,486,276      50.00%
Total      12,972,552      100.00%

@admin
do we have a link of category wise % portion of IPOs on there page. I can not find.
If we do not have can it be added.

Include Anchor investors allotment shares into QIB and check

CarTrade IPO
GMP 295 +/- 2

Thanks mam for your valuable update information about latest gmp

Thank you ma''am

Avoid all IPOS as no listing gain predicted, CarTrade allotment expected 1:2 (50%) so on listing heavy selling will be observed and GMP will fall substantial .Risky !! Apply only IF HNI and QIB will apply at 2.30 PM tomorrow .

isco subscribe karna he????

CarTrade IPO
GMP 395 +/- 5

100 rs falling gmp

Good GMP in current situations

Thanks

Mr. Anikiatef
Regarding your favourite NMDC, I am the most sufferer in it. I am holding this from 2010. You might be remembering the issue price. Buy back by Govt. at 135
Just less than half the issue price. Again FPO at 165. Is it not a cheating by Govt.
No doubt good dividend.
Another Coal India, again sufferings. In most.of Government issue public seems a looser. Recent IRFC
Acceptions are always there.
People have respect for you. I also respect people like you. I am a senior citizens. Good to find comments from people like you
For NMDC I am badly disappointed.
Your other recommendations are good.
Hope you won''t mind my comments.
Have good time.

Aniket ji,
Your magnanimous above comments attract much admiration. Your tendency has undoubtedly elevated your image. Of course, your attitude is very much appreciable. That’s why I admire you. God bless you with all the patience n the best to you. Sir, this is from my bottom of my heart. Please continue to help the forum with your valuable views. Once again I thank you very very much and appreciate your great words.

From my bottom of my heart may please be read as from the bottom of my heart. Sorry for the inconvenience, caused.

GMP 150

Ok

GMP is continuously falling , is IPO party over ..??
Shud i apply for this IPO ...