IPO Update - Car Trade
Car Trade Tech Ltd
It is a platform based company CarTrade Tech Ltd (IPO)
It is profitable
Scalable Business Model
Asset Light Model
Issue Details
Issue opening Date - Aug 9, 2021
Closing Date - Aug 11, 2021
Price Band – Rs. 1585 to Rs. 1618/-
Minimum Investment – (1618x9 = Rs 14562/)
Valuation: At the higher price band of Rs 1618, the Company is valued at P/E multiple of 73.3x.
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