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CARTRADE EXCHANGE
Capital Group buys CarTrade Tech shares worth Rs 440 croreUS-based Capital Group, through its affiliate SmallCap World Fund, purchased more than 14.44 lakh equity shares, representing a 3.03% stake...- CarTrade, CarDekho parent end acquisition talksCarTrade Tech has pulled the plug on its planned takeover of Girnar Software's automobile classified units – CarDekho and BikeDekho. After ...
- CarTrade confirms acquisition talks with CarDekho parentCarTrade Tech is in talks to acquire CarDekho and BikeDekho. This potential deal would unite two major players in India's auto classifieds ...
- CarTrade Technologies open to further acquisitions to fast-track expansion plansThe integration with OLX, CEO Vinay Sanghi said, has also helped more than double the average number of unique visitors to 68 million per m...
- CarTrade's Sobek shuts customer-to-business operations, shifts focus to classifieds businessSobek Auto’s C2B transaction business struggled with its unit economics. The company aims to reduce both human resource and other administr...
- CarTrade Tech shares jump 7% as Q1 PAT soars 300% YoYThe company received 3.4 crore average monthly unique visitors for Q1 FY24, of which 85% were organic, the company filing claimed. The numb...
- CarTrade Tech says it owns classifieds platform OLX’s entire India businessThe company had earlier said that it was acquiring 100% of Sobek Auto India Pvt Ltd, the entity that houses OLX India's auto business, but ...
- CarTrade Tech shares jump 17% on acquisition of OLX India’s auto businessThe cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisiti...
- CarTrade to acquire OLX India’s auto business for Rs 537 croreIn a stock exchange filing on Monday, CarTrade said that it will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity which houses OL...
- CarTrade Q4 results: Profit at Rs 17.5 crore, revenue grows 19% YoYMulti-channel auto platform CarTrade Tech reported a consolidated net profit of INR17.49 crore ($2.3m) for Q4 FY23. This compares with a ne...
- CarTrade Tech tanks 10% after company reports loss in Q4Following the development, shares of CarTrade Technologies tumbled about 10 per cent to Rs 573.50, before trading at Rs 589.55 at 9.50 am. ...
- CarTrade Tech to invest $100 million, eyes new acquisitions to accelerate growthIn a bid to further strengthen its position as a leading automotive platform in India the group wants to strengthen itself by acquiring and...
- You might not be able to recover your investment in CarTrade even after a yearGoing by the views of the first analyst to start coverage on the stock, you might not recover your investment even after a year.
- CarTrade Tech lists at 1% discount to issue priceAnalysts were largely expecting an 8-15 per cent listing gain for the stock.
- CarTrade Tech IPO allotment status: Here's how to check itThe issue, which was sold in Rs 1,585-1,618 price band, was subscribed 20.29 times on the closing day of the subscription on Wednesday.
- CarTrade Tech IPO opens Monday: Key things to know before applyingMumbai-based CarTrade Tech is a multichannel mobility platform that is looking to raise about Rs 2,999 crore from the primary market. Here ...
- ‘Exorbitantly’ priced CarTrade IPO still has a dozen ‘subscribe’ callsThe owner of platforms such as CarWale, CarTrade, BikeWale and AutoBiz has a dozen brokerages recommending ‘subscribe’ ratings to the ‘exor...
- CarTrade mobilises Rs 900 cr from anchor investors ahead of IPOThe initial share-sale will be entirely an offer for sale (OFS) of 18,532,216 equity shares.
- CarTrade gets Sebi nod for Rs 2,000 crore IPOThrough the offer, some of CarTrade’s existing shareholders, which include marquee investors like Warburg Pincus, Temasek and JP Morgan, ar...
- CarTrade files IPO papers with SebiThe IPO seeks to raise around Rs 2,000 crore
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