CarTrade Tech IPO opened

CarTrade Tech debuted in the market on Monday

CarTrade Tech is a multichannel Mobility platform

The Initial Public Offering (IPO) has been Rs 2,998.51 Cr

It was incorporated in 2000

The platform connects new car owners and used car owners

The IPO opened on Aug 9 will conclude on Aug 11

The price band is Rs 1,585–1,618 per equity share

50 % of the total offer is for qualified institutional buyers

15 % is for non-institutional investors

35 % is for retail investors

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