CarTrade IPO Allotment Status: Check Online at bseindia.com or linkintime.co.in; Step-by-step guide here

The shares of CarTrade Tech has been allotted to the investors on Tuesday, August 17. However if you have not yet checked your allotment status then here is how you can do it.

It can be noted that the initial public offer of CarTrade Tech was subscribed 20.29 times on the closing day of the subscription. The three-day IPO received bids for 26,31,74,823 shares against 1,29,72,552 shares on offer, as per exchanges data.

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Here are all the details regarding CarTrade Tech IPO including shares status check online BSE/Link Intime, listing date and more:-

CarTrade Tech IPO: Refund initiation date - 18th August

CarTrade Tech IPO: Demat transfer date of shares - 20th August

CarTrade Tech IPO: Listing date - Expected on 23rd August

Steps to check CarTrade IPO allotment status on BSE:

Step 1: Login at BSE link — bseindia.com/investors/appli_check.aspx;

Step 2: Select CarTrade IPO

Step 3: Enter your application number

Step 4: Enter PAN card details

Step 5: Click at 'I'm not a robot'

Step 6: Click at 'Submit' button.

Steps to check CarTrade IPO allotment status on Link Intime

Step 1: Login at Link Intime direct link — linkintime.co.in/MIPO/Ipoallotment

Step 2: Select CarTrade IPO;

Step 3: Enter PAN details; and

Step 4: Click at 'Search' option

About CarTrade IPO

The Rs 2,998.51-crore initial public offer (IPO) of up to 18,532,216 equity shares, was in a price range of Rs 1,585-1,618 per share. The category for qualified institutional buyers (QIBs) received 35.45 times subscription, while the portion for non-institutional investors was subscribed 41 times. The retail individual investors (RIIs) quota was subscribed 2.75 times. CarTrade Tech said it has raised Rs 900 crore from anchor investors.

Axis Capital, Citigroup Global Markets India, Kotak Mahindra Capital Company and Nomura Financial Advisory and Securities (India) were the managers of the offer.

About CarTrade:

Founded in 2009, CarTrade is backed by marquee investors -- Warburg Pincus, Temasek, JPMorgan, and March Capital. The CarTrade platform allows customers to buy and sell used cars as well as new cars.

The firm is a multi-channel auto platform with coverage and presence across vehicle types and value-added services through its brands -- CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz.