CarTrade Tech has debuted at Rs 1600.00 on the BSE, down by 18 points or 1.11% from its issue price of Rs 1618.
The scrip is currently trading at Rs 1595.00, down by 23.00 points or 1.42% from its issue price. It has touched a high and low of Rs 1600.00 and Rs 1476.00 respectively. So far 3.41 lakh shares were traded on the counter.
The offering, which was open for subscription between August 09, 2021 and August 11, 2021, was subscribed 20.29 times. The issue price was fixed at Rs 1618 per share i.e. at upper end of price band of Rs 1585-1618 apiece.
CarTrade Tech is a multi-channel auto platform with coverage and presence across vehicle types and value-added services.