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

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. ...

The shares that were issued at ₹1,618 each opened trading at ₹1,600 on the BSE and fell to a low of ₹1,476 in early trade before closing at...

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

Private sector lender HDFC Bank fixed the coupon rate of its $1 billion additional tier- I (AT-1) bonds at 3.70 per cent per annum.

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 ...

The owner of platforms such as CarWale, CarTrade, BikeWale and AutoBiz has a dozen brokerages recommending ‘subscribe’ ratings to the ‘exor...

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.

CarTrade, an online auto classifieds platform, is looking at a valuation of $1.5 billion in the IPO and will look at listing later in the y...

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