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CarTrade IPO Opens Today. Should You Invest?

CarTrade Tech IPO: The shares are likely to be listed on the stock exchanges on August 23
CarTrade Tech IPO: The shares are likely to be listed on the stock exchanges on August 23
CarTrade Tech's initial public offering (IPO) opens for subscription today i.e. August 9 and closes on Wednesday, August 11. The multi-channel auto platform's IPO will be an offer-for-sale of 12,354,811 shares by marquee investors, including the likes of Warburg Pincus, Temasek and JP Morgan. CarTrade has fixed the price band at Rs 1,585-1,618 per share and is looking to raise around Rs 3,000 crore at upper limit of the price band. T...
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