CarTrade Tech IPO GMP History
CarTrade Tech IPO has been listed on August 20, 2021 at a listing price of ₹1599.8, against the issue price of ₹1618 — a loss of ₹18.2 (-1.12%). The GMP peaked at ₹700 on 3 August 2021 and reached a low of ₹0 on 31 July 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
CarTrade Tech IPO raised ₹2998.51 Cr. through its IPO at a price band of ₹1585 to ₹1618 per share, with a lot size of 9 shares. The IPO was open for subscription from 09 Aug 2021 to 11 Aug 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:27 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 19 Aug 2021 | ₹ 150 | ▼ | 9% | — | — |
| 18 Aug 2021 | ₹ 170 | — | 11% | — | — |
| 17 Aug 2021 | ₹ 170 | ▼ | 11% | — | — |
| 16 Aug 2021 | ₹ 220 | — | 14% | — | — |
| 15 Aug 2021 | ₹ 220 | — | 14% | — | — |
| 14 Aug 2021 | ₹ 220 | — | 14% | — | — |
| 13 Aug 2021 | ₹ 220 | ▲ | 14% | — | — |
| 12 Aug 2021 | ₹ 190 | ▲ | 12% | — | — |
| 11 Aug 2021 | ₹ 150 | ▼ | 9% | — | — |
| 10 Aug 2021 | ₹ 320 | ▼ | 20% | — | — |
| 09 Aug 2021 | ₹ 400 | — | 25% | — | — |
| 08 Aug 2021 | ₹ 400 | — | 25% | — | — |
| 07 Aug 2021 | ₹ 400 | ▼ | 25% | — | — |
| 06 Aug 2021 | ₹ 450 | ▼ | 28% | — | — |
| 05 Aug 2021 | ₹ 650 | — | 40% | — | — |
| 04 Aug 2021 | ₹ 650 | ▼ | 40% | — | — |
| 03 Aug 2021 | ₹ 700 | ▲ | 43% | — | — |
| 02 Aug 2021 | ₹ 600 | — | 37% | — | — |
| 01 Aug 2021 | ₹ 600 | ▲ | 37% | — | — |
| 31 Jul 2021 | ₹ 0 | — | -- | — | — |
| 30 Jul 2021 | ₹ 0 | — | -- | — | — |
| 29 Jul 2021 | ₹ 0 | — | -- | — | — |
| 28 Jul 2021 | ₹ 0 | — | -- | — | — |
| 27 Jul 2021 | ₹ 0 | — | -- | — | — |
| 26 Jul 2021 | ₹ 0 | — | -- | — | — |
CarTrade Tech IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 09 Aug 2021
- Close 11 Aug 2021
- Allotment 17 Aug 2021
- Refund/credit 18 Aug 2021
- Listing 20 Aug 2021
CarTrade Tech IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹1618 |
|---|---|
| Listing gain / loss | −₹18.2 per share |
| Listing date | 20 Aug, 2021 |
| Actual listing price | ₹1599.8 (-1.12%) |
Is CarTrade Tech IPO GMP reliable?
Grey market premium for CarTrade Tech IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the CarTrade Tech IPO full review for a fundamentals-based assessment before making any grey market trades.
CarTrade Tech IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for CarTrade Tech IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About CarTrade Tech IPO
CarTrade Tech Limited was incorporated in 2000. It runs a multi-channel auto platform that connects new and used vehicle buyers, dealers, vehicle makers and other businesses.
Its brands are CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto and AutoBiz. Together they cover buying, selling, marketing and financing of vehicles, including vehicle auctions.
The company has no identifiable promoter and is owned largely by investors.
The IPO was Rs 2,998.51 crore and was entirely an offer for sale by existing shareholders, so the company received none of the money.
Frequently asked
What is the GMP of CarTrade Tech IPO?
The current Grey Market Premium (GMP) of CarTrade Tech IPO is not yet started or active in the market.
What is the Kostak Price of CarTrade Tech IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for CarTrade Tech IPO is not available.
What is the Subject to Sauda Price of CarTrade Tech IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of CarTrade Tech IPO?
CarTrade Tech IPO listed on August 20, 2021 at ₹1599.8, against the issue price of ₹1618 — a loss of -1.12%.
How did the GMP of CarTrade Tech IPO trend before listing?
The GMP of CarTrade Tech IPO was falling in its final days before listing. The GMP peaked at ₹700 on 3 August 2021. View the day-wise table above for the complete GMP history.
Explore CarTrade Tech IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
