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Cartrade Tech is about to release its IPO on Aug 9, 2021. The issue is closing on  Aug 11, 2021, and is currently having an active grey market. The Cartrade Tech IPO GMP is running at a stable rate as per the current situation.

In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.

However, the QIB and the HNI numbers are the key indicators of GMP in the case of Cartrade Tech IPO. The company is intended to raise Rs 29985.10 million by the released issue.

Cartrade Tech IPO GMP Rates, Kotak rates & SS

This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details, and more.

DateGMP (in INR)Kostak (in INR)Subject to Sauda (in INR)
20 August 2021Rs.170Rs.0Rs.0
19 August 2021Rs.170Rs.0Rs.0
18 August 2021Rs.170Rs.0Rs.0
17 August 2021Rs.170Rs.0Rs.0
16 August 2021Rs.220Rs.0Rs.0
15 August 2021Rs.220Rs.0Rs.0
14 August 2021Rs.220Rs.0Rs.0
13 August 2021Rs.220Rs.0Rs.0
12 August 2021Rs.190Rs.0Rs.0
11 August 2021Rs.150Rs.0Rs.0
10 August 2021Rs.320Rs.200Rs.1500
09 August 2021Rs.400Rs.600Rs.2000
08 August 2021Rs.400Rs.600Rs.2000
07 August 2021Rs.400Rs.600Rs.2000
06 August 2021Rs.450Rs.800Rs.4000
05 August 2021Rs.650Rs.800Rs.4000
04 August 2021Rs.650Rs.800Rs.4000
03 August 2021Rs.700Rs.500Rs.2000
02 August 2021Rs.600Rs.500Rs.2000
01 August 2021Rs.600Rs.400Rs.0
31 July 2021Rs.0Rs.0Rs.0
30 July 2021Rs.0Rs.0Rs.0
29 July 2021Rs.0Rs.0Rs.0
28 July 2021Rs.0Rs.0Rs.0

Check out Related IPO Links:

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    Cartrade Tech IPO Date / Timetable

    Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.

    IPO Open DateAug 9, 2021
    IPO Close DateAug 11, 2021
    Basis of Allotment DateAug 17, 2021
    Initiation of RefundsAug 18, 2021
    Credit of Shares to Demat AccountAug 20, 2021
    IPO Listing DateAug 23, 2021

    Cartrade Tech IPO – Financial Performance

    The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Cartrade Tech IPO.

    Amount (in INR & Million)
    31-Mar-2131-Mar-20Mar-19
    Total Assets19,301.9914,704.0614,270.94
    *Total Revenue2,815.233,184.452,668.05
    Total Expense2,345.472,795.302,313.74
    Profit After Tax1,010.74312.94259.17

    Earnings per Equity Share (in Million)

    31-Mar-2131-Mar-20Mar-19
    Basic 22.065.654.31
    Diluted
    19.195.073.87

    Cartrade Tech IPOFAQs Related to Cartrade Tech IPO GMP

    What is the current Cartrade Tech IPO GMP Price?

    As of today, the Cartrade Tech IPO GMP is Rs. 170.

    What is the current Cartrade Tech IPO Kostak Rate?

    The Kostak rate is Rs 0 for Cartrade Tech IPO.

    What is today’s Cartrade Tech IPO Subject to Sauda Rate?

    As of today, the Cartrade Tech IPO Subject to Sauda is Rs 0.

    Where to Check Cartrade Tech IPO Allotment & Listing?

    However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/

    What is Kostak Price?

    To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.

    Is GREY market buy or sell shares illegal?

    Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.

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    Disclaimer:

    The Cartrade Tech IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.

    It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.

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