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CarTrade Tech garners Rs 900 crore from anchor investors before IPO

CarTrade IPO to open on August 9, price band fixed at Rs 1,585-1,618 per share

CarTrade IPO to open on August 9, price band fixed at Rs 1,585-1,618 per share While half of the issue size has been reserved for qualified institutional buyers, 35 per cent is reserved for retail investors. The initial share sale is entirely an offer for sale of 18,532,216 equity shares. BusinessToday.In Updated Aug 03, 2021, 12:27 PM IST Online auto classified platform CarTrade Tech Ltd on Tuesday said its upcoming initial public offering (IPO) will open for subscription on August 9 and close on August 11. The company has set a price band of Rs 1,585-1,618 per share for the IPO. The initial share sale is entirely an offer for sale (OFS) of 18,532,216 equity shares.

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