Business Standard

Cartrade Tech Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

2,998.51 cr

Price Range (₹)

1618

Lot Size

9

Min Investment (₹)

14,562.00

Listing Exchange

MumbaiNSE

Open Date

09-Aug-2021

Close Date

11-Aug-2021

Listing Date

20-Aug-2021

Cartrade Tech Ltd News

    The Shares of Cartrade Tech Ltd have now been listed.

    Cartrade Tech Ltd IPO Details

    Initial public offer of up to 18,532,216 equity shares of face value of Rs. 10 each (equity shares) of CARTRADE TECH LIMITED (company) for cash at a price of Rs. 1618 per equity share (including share premium of Rs. 1608 per equity share), through an offer for sale of up to 18,532,216 equity shares aggregating to Rs. 2998.51 Crores (offer for sale or offer), consisting of 2,264,334 equity shares by CMDB II aggregating to Rs. 366.37 Crores, 8,409,364 equity shares by Highdell Investment Ltd aggregating to Rs. 1360.64 Crores, 5,076,761 equity shares by MACRITCHIE INVESTMENTS PTE. LTD. Aggregating to Rs. 821.42 Crores, 1,765,309 equity shares by Springfield Venture International aggregating to Rs. 285.63 Crores (collectively, the Investor Selling Shareholders), and to 183,333 equity shares by Bina Vinod Sanghi (jointly held with Vinay Vinod Sanghi) aggregating to Rs. 29.66 Crores, 70,000 equity shares by Daniel Edward Neary aggregating to Rs. 11.33 Crores, 262,519 equity shares by Shree Krishna Trust aggregating to Rs. 42.48 Crores, 50,546 equity shares by Victor Anthony Perry III aggregating o Rs. 8.18 Crores, 450,050 equity shares by Vinay Vinod Sanghi (jointly Held with Seena Vinay Sanghi) aggregating to Rs. 72.82 Crores, (collectively, the other selling shareholders and together with the investor selling shareholders, Shall be refered to as the selling shareholders, and such equity shares, the offered shares). The offer would constitute 40.43% of the post-offer paid-up equity share capital.The face value of equity shares is Rs.10 each.Offer Price : Rs. 1618 per Equity Share of face value of Rs. 10 Each.The Offer Price is 161.8 times of the face value.Anchor Investor Offer Price : Rs. 1618 per Equity Share.

    Objective of issue

    Listing of Shares on the Stock Exchanges.

    Cartrade Tech Ltd Contact Details

    Cartrade Tech Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - investor@cartrade.com

    Website - www.cartradetech.com