The Initial Public offerings (IPOs) of two companies—CarTrade Tech Limited, Nuvoco Vistas Corporation Limited — will hit the market today, August 9, 2021.  The IPOs come after the successful launch of Devyani International, Krsnaa Diagnostics Limited, Exxaro Tiles Limited and Windlas Biotech Limited IPOs last week. These Initial Public offerings will close on August 11, 2021.  Two other IPOs, Chemplast Sanmar Limited and Aptus Value Housing Finance India Limited, will open on Tuesday, August 10, 2021. Ahead of the launch of these IPOs, lets look at price, band, issue size, lot size, registrar and other details of these IPOs:   

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1. CarTrade Tech Limited IPO Full Details  

Symbol: CARTRADE  

Issue Period: 9th Aug 2021 to 11th Aug 2021  

Post issue Modification Period: 12th August 2021 (10.00 A.M. to 11.00 A.M.)  

Issue Size: Initial Public Offer of upto 18,532,216 equity shares (including Anchor portion of 55,59,664 equity shares)  

Price Range: Rs1585 to Rs1618  

Bid Lot: 9 Equity Shares and in multiples thereof  

Minimum Order Quantity: 9 Equity Shares  

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000  

Maximum Bid Quantity for QIB Investors: 12,972,546 equity shares in multiple of 9 Equity Shares (Calculated at higher end of the Price Band).   

Maximum Bid Quantity for NIB Investors : 9,266,103 equity shares in multiple of 9 Equity Shares (Calculated at higher end of the Price Band)  

IPO Market Timings: 10.00 a.m. to 5.00 p.m.  

Book Running Lead Managers: Axis Capital Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited and Nomura Financial Advisory and Securities (India) Private Limited  

Name of the Registrar: Link Intime India Private Limited  

2. Nuvoco Vistas Corporation Limited Full Details  

Symbol: NUVOCO  

Issue Period: 9th August 2021 to 11th August 2021  

Post issue Modification Period: 12-Aug-2021 (10.00 A.M. to 11.00 A.M.)  

Issue Size: Initial Public offer of Equity Shares aggregating upto Rs.50,000 million comprising a Fresh Issue of up to Rs. 15,000 million and an Offer for Sale of up to Rs. 35,000 million (including Anchor portion of 2,63,15,788 equity shares)  

Price Range: Rs.560 to Rs.570  

Bid Lot: 26 Equity Shares and in multiples thereof  

Minimum Order Quantity: 26 Equity Shares  

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000  

Maximum Bid Quantity for QIB Investors:  62499996 equity shares in multiple of 26 Equity Shares (Calculated at lower end of the Price Band)  

Maximum Bid Quantity for NIB Investors: 44642858 equity shares in multiple of 26 Equity Shares (Calculated at lower end of the Price Band)  

IPO Market Timings: 10.00 a.m. to 5.00 p.m.  

Book Running Lead Managers: ICICI Securities Limited, Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited and SBI Capital Markets Limited.  

Name of the Registrar: Link Intime India Private Limited