Operate various brands i.e. CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, AutoBiz, etc.
CarTrade Tech IPO opens on Aug 9, 2021, and closes on Aug 11, 2021.
| Event |
Date |
| Credit of Shares to Demat |
Aug 20, 2021 |
| CarTrade Tech IPO Listing Date |
Aug 20, 2021 |
What was the IPO price of car trade?
Image: Shutterstock. Multi-channel auto platform CarTrade Tech shares made a weak debut as the stock listed with a 1.11 percent discount to issue price of Rs 1,618 per share.
Will car trade IPO Give profit?
The financial performance of CarTrade Tech is decent. The company is the only profitable player in the digital space.
Is CarTrade tech IPO good?
In this regard, CarTrade Tech stands to benefit courtesy its suite of strong brands. CarWale and BikeWale were ranked No. 1 in relative online search popularity compared to peers during FY21, while as of FY20, Shriram Automall was a leading used vehicle auction platform based on number of vehicles sold.
Is car traded in IPO? – Related Questions
Can CarTrade grow?
The analysts are definitely expecting CarTrade Tech’s growth to accelerate, with the forecast 29% annualised growth to the end of 2023 ranking favourably alongside historical growth of 18% per annum over the past five years.
Is CarTrade good for long term?
No. Cartrade Is overpriced and overvalued stock.
Is CarTrade Tech profitable?
CarTrade also owns other platforms like CarTrade, Carwale, CarTradeExchange, Shriram Automall, Adroit Auto, Auto Biz, and BikeWale.
Loss-making Cars24 is worth more than a profitable CarTrade — here’s why.
| Metrics |
CarTrade |
Cars24 |
| Profit after tax/(Loss) (FY20) |
₹31.2 crore |
(₹277.18 crore) |
How does CarTrade make money?
CarTrade earns 70% of its revenue out of the new car segment through advertising and charges subscription fee from dealers – Rs 6,000 to 40,000 per month from used car dealers and Rs 10,000 to 2 lakh per month from new car dealers.
What does CarTrade Tech do?
Part of CarTrade Tech, CarTrade is an automotive portal for cars. Customers come to CarTrade to buy new or used cars or to sell their cars. They can also research our content and use our tools such as car reviews, price guides, car specifications, car images, used car inventory, car finance offers and trade-in tools.
What is zomato IPO price?
The stock hit a new low of Rs 75.75 on BSE and slipped below the IPO issue price of Rs 76.
Should I buy LIC IPO?
Majority of the market experts say that LIC is a long term play and investors should bid for the issue as per their funds and risk appetite. However, one should not bet on issues for listing gains only.
What was Paytm IPO price?
As per its new low, shares of Paytm have eroded about 75 per cent of investors’ wealth from its issue price of Rs 2,150. The company got listed on the bourses in November 2021.
Is Zomato loss making?
Zomato Limited operates as an online food delivery company in India and internationally. The ₹497b market-cap company’s loss lessened since it announced a ₹12b loss in the full financial year, compared to the latest trailing-twelve-month loss of ₹10b, as it approaches breakeven.
Will Zomato shares rise in future?
Zomato’s average order value stands at Rs 382 currently which is expected to steadily rise in the coming years. Cash conversion by Zomato also augurs well for the stock. Earlier this year when the company acquired Blinkit, investors were seen exiting their position.
Can Zomato turn profitable?
Our analysis suggests the company can turn profitable in FY25 on a cash EBITDA basis if it were to reach annual order volumes of 1 billion (2.5x FY20 levels) and a contribution margin of around ₹21 per order,” said the report.
Is Paytm lost?
Q1FY23 Results: Paytm’s Revenue Jumps to Rs 1,680 crore; EBITDA (Before ESOP Cost) Losses Reduce to Rs 275 Cr, Improves by Rs 93 Cr Q-o-Q. We have announced our financial results for the quarter ending June 2022, marking an excellent start to the new fiscal year.
Will Paytm make profit?
Financial services platform Paytm has no plans to expand internationally or make any acquisitions, the company’s management told shareholders on Friday, even as it reiterated its plan to turn operationally profitable by September-end 2023.
Is flipkart running in loss?
Flipkart Private Limited reported a loss of over 24 billion Indian rupees in the financial year 2021 in India, compared to a loss of over 31 billion Indian rupees in the previous financial year.
Can a 17 year old use Paytm?
No, There’s No Age Restriction regrading KYC Completion for PayTM wallet, But for PayTM Payments Bank You have to be at least more than 18 years old as per your Aadhar Card. Hope it helps.
Can under 18 get ATM card?
Card will be issued in the name of the minor and Guardian. PehliUdaan: Photo embossed ATM-cum-Debit with withdrawal/POS limit of Rs. 5,000/- will be issued in the name of the minor.