Elara Capital initiated coverage on CarTrade Tech with a Buy rating, targeting ₹3,590, implying 50% upside. The multibagger stock rallied 1...

Sobek Auto’s C2B transaction business struggled with its unit economics. The company aims to reduce both human resource and other administr...

The company received 3.4 crore average monthly unique visitors for Q1 FY24, of which 85% were organic, the company filing claimed. The numb...

The 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 ...

In 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...

However, the stock failed to touch even its issue price since listing and had plunged more than 70 per cent to record lows of Rs 462.10 in ...

Following 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. ...

In a bid to further strengthen its position as a leading automotive platform in India the group wants to strengthen itself by acquiring and...

Analysts were largely expecting an 8-15 per cent listing gain for the stock.

Grey market watchers noted that the unlisted stock had once hit a grey market premium (GMP) of Rs 600, but tepid listings for a few debutan...

The issue is an offer for sale (OFS) of up to 1,85,32,216 shares by existing shareholders, being sold in the Rs 1,585-1,618 price band. At ...

Mumbai-based CarTrade Tech is a multichannel mobility platform that is looking to raise about Rs 2,999 crore from the primary market. Here ...

Through the offer, some of CarTrade’s existing shareholders, which include marquee investors like Warburg Pincus, Temasek and JP Morgan, ar...

The IPO seeks to raise around Rs 2,000 crore

The offer comprises 26.96 per cent of post-offer paid-up equity share capital. The face value of equity shares is Rs 10 each.

In a market that does not inspire much confidence in financiers or buyers, the company has launched a certification service to provide qual...

The money will be used to fund the cash acquisition of rival CarWale from German media conglomerate Axel Springer.