Company Name: Cartrade Tech Ltd. Anchor Allocation: 6th August 2021 Issue Opens on: 9th August 2021 Issue Closes on: 11th August 2021 Issue Size: Offer for Sale of 18,532,216 Shares Price Band: Rs.1,585 to Rs.1,618
Net Issue Size: 2,998.51 Crores Bid Lot: 9 Shares & it''s multiples thereafter QIB Allocation: 50.00% NII Allocation: 15.00%, 449.77 Crores Retail Allocation: 35.00% Retail Requirement for 1 Time: 720,697 Applications. BRLMs: Axis Cap, CitiGroup, Nomura, Kotak Sec. Registrat: Link Intime (I) Pvt. Ltd.
39. hchc| Link| Bookmark|
August 3, 2021 2:13:56 AM
Top Contributor (400+ Posts, 900+ Likes)
32. RajBreaks| Link| Bookmark|
August 2, 2021 3:09:00 PM
Top Contributor (300+ Posts, 300+ Likes)
To All IPO Gurus,
KIndly Suggest Your Views. Some IPO''s GMP Showing Good But Some Not. But Fact Is Good GMP Showing IPO Will Subscribe More, So Less Chance To Get Alloted Those. And If We Only Run After More GMP Showing IPO''s With All Our Funds Then More Chance To Get Nothing If We Dont Apply All IPO''s.
31. Scrip| Link| Bookmark|
August 2, 2021 4:00:10 AM
Top Contributor (500+ Posts, 200+ Likes)
Policybazaar has filed papers with the Securities and Exchange Board of India (SEBI) to raise Rs 6,017 crore through a mega IPO.
The online insurance marketplace which is backed by marquee investors such as Info Edge, Premji Invest, Softbank, Tiger Global and Temasek, is targeting a valuation between $5.5 billion to $6 billion.
Yes ...and revenue down with profits going up..seems fishy...day 3 subs will tell whether to apply or not... Also day 3 falls on 11th August which the refund date for all 4 IPOs coming on 4th August..asba will be unblocked immediately while UPI mandates gets stuck for a while. Retail investors don''t get fair chance while companies only need 1x to successfully sail their IPO.
@Monster Zero, would they release blocked ASBA amount on the day of ''''basis of allotment'''' (11 August), So that we could apply the other 2 IPO''''s closing on 11 August? Kindly confirm.
@MRavichandran its possible for part of (either 1 or 2) IPos to b allotted earlier since linkintime is the registrar for 3 out if 4 opening on 4th august, and also for car trade and nuvuco .So if the BRLMs have a word with the registrar they may do it as in the case of Zomato.But its all guess so fingers crossed .
SEBI Should Make A New Rule Not More Than 3 IPO should open In 15 Days. This new rule will help to keep investors interest in IPO and also secondary market will function healthy.
NforNandkishore ji@ कोई नियम बनवाना है ,तो यदि शेयर की कीमत 6महीने मे OFS. से नीचे जाए तो प्रमोटरों द्वारा original शेयरधारको से वापस लेने की गारंटी दी जानी चाहिए। जिससे धोखेबाज कम्पनी अनाप शनाप मूल्य पर इश्यू न ला सके,और निवेशकों को सुरक्षा मिले।
@ MITTAL sahab, with due respect; most of retail investors (including HNI) in IPOs just invest for few days and for listing gains......Abhi 10 dinme paisa kaman hai tau risk tau banta hai.......
@ NforNandkishor. Yes, further (1) no identical period should be allowed for two IPOs, (2) one IPO should open on Monday and another on Friday only (3) Why these companies are going for Kfin (tainted Karvy Group) and Linkintime only for main IPOs. Are there no other fellows in our country which is one of the biggest economy in the world. There are lot of comments against both the Registrars to the Issues regarding non-allotment. The allotment procedure is not transparent. I never get allotment from Kfin and rarely from Linkintime. Of course, I now switched over to HNI and getting sure allotment. In case of identical period of opening of two IPOs, I will go for HNI for one IPO and RII for another IPO.
23. NeoLongus| Link| Bookmark|
August 1, 2021 12:43:14 AM
IPO Mentor (800+ Posts, 400+ Likes)
CarTrade is a long term story though not unique and we will see more such companies with similar business models going public soon...Droom could be the next one and has also turned Unicorn...CarDekho could be another. This is going to be an interesting space in the long term!
For those thinking long term, IMO, other than CarTrade all other 5 IPO''s are completely ruled out! In case of limited funds, don''t try to over analyze the market, apply in the IPO''s next week, enjoy the listing gains of the 4 IPO''s and use the gains to invest in CarTrade on listing!
One half of the approach has worked out fine with the 4 listings today...now lets wait for the CarTrade listing to judge second half of the approach :)
Dear all, I hope on the day ''basis of allotment'' (11 August), would they release blocked ASBA amount? So that we could apply the other 2 IPO''s closing on 11 August? Experts, Kindly advise. Thanks