Page 2 - Cartrade

CarTrade, Aptus Value, Krsnaa Diagnostics, Rolex Rings hit new lows

CarTrade Tech shares hit a new low of Rs 1,365 on the BSE today, falling 16% from its issue price of Rs 1,618 per share.

CarTrade launches one-stop services platform to buy, sell pre-owned cars

Multi-channel auto platform CarTrade Tech has launched a tailor-made one-stop service for hassle free buying and selling pre-owned cars across nine cities, a release said on Tuesday.

CarTrade Tech hits new low since listing; down 11% from issue price

An increase in aggression by competition fueled by large amounts of global appetite to participate in this industry in India could impact the positioning of CarTrade Tech and its profitability

CarTrade Tech makes tepid market debut; tumbles 7% at close of trade

CarTrade Tech's initial public offering (IPO) was subscribed 20.29 times

CarTrade Tech makes tepid market debut; tumbles nearly 8% at close of trade

Shares of CarTrade Tech had a muted market debut on Friday, closing with a discount of nearly 8 per cent against its issue price of Rs 1,618.

Broader indices fall 2%; Nifty Metal skids 6% on global growth concerns

The 30-share Sensex index declined 300 points, or 0.4 per cent, and closed at 55,329 levels on Friday while the Nifty50 index slipped ended at 16,451 levels, down 118 points or 0.7 per cent

CarTrade Tech lists 1% below issue price at Rs 1,600 per share

At 10:01 am, CarTrade Tech was trading at Rs 1,579.70, down 2.4 per cent to its issue pricee of Rs 1,1618 per share

Stocks to watch: CarTrade Tech, HDFC Bank, Vodafone Idea, Airtel, Indostar

MD and CEO Nitin Chugh of Ujjivan Small Finance Bank has resigned from the bank and his tenure will come to an end on September 30

CarTrade offering bought 20 times; late buying helps Nuvoco Vistas

The response to both issues was modest when compared to recent IPOs

CarTrade IPO fully subscribed; Nuvoco, Aptus Chemplast 16-30%

CarTrade Tech fully subscribed, Nuvoco Vistas Corporation subscribed 30 per cent, while Aptus Value Housing and Chemplast Sanmar subscribed 24 per cent and 16 per cent respectively

CarTrade IPO subscribed 41% on Day-1 on strong retail interest

The bulk of the bids came from retail investors

CarTrade Tech IPO: Here's why brokerages suggest subscribing to the issue

CarTrade is an electronic exchange focusing on auto sector and thus there is no peer company having similar business operations

Street signs: Falling GMPs signal IPO fatigue, NFO targets on rise & more

According to market players, the GMP for CarTrade is 25 per cent, while Nuvoco Vistas is less than 10 per cent, over their offer price.

CarTrade IPO to open between August 9-11, to raise about Rs 3,000 crore

Offer priced at Rs 1,585-1,618 per share. With no fresh issue, IPO is a complete offer for sale

Aptus Value Housing, CarTrade, 4 others get Sebi's go-ahead to float IPO

As many as six companies including Aptus Value Housing Finance, CarTrade Tech, and Supriya Lifescience have received capital markets regulator Sebi's go-ahead to float initial share-sales. The other firms that received the regulator's nod are-- Krsnaa Diagnostics, Vijaya Diagnostic Centre, and Ami Organics. The six firms, which had filed their respective preliminary IPO papers with the markets regulator between May and June, obtained their observations during July 19-23, an update with Sebi showed on Monday. Aptus Value's initial public offer (IPO) comprises a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale of up to 64,590,695 equity shares by the promoter and existing shareholders, draft red herring prospectus (DRHP) showed. Proceeds from the fresh issue will be utilised towards augmenting the company's capital base and to meet future growth requirements. According to merchant banking sources, the IPO is expected to fetch Rs 2,600-3,000 crore. Onli

PE-backed CarTrade to acquire Shriram Automall for Rs 1.56 billion

STFC will sell 16,630,435 equity shares of SAMIL, with a face value of Rs 10 each, at Rs 94.03 per share