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CarTrade IPO: A look into its business, COVID-19 impact and plans for the future

6 hours ago
Online automotive classifieds CarTrade plans to raise Rs 2,000 crore through a initial public offering (IPO) and plans to expand into electric vehicles, ride-sharing, vehicle subscription and vehicle servicing services. According to the draft red herring prospectus (DRHP) filed with the Securities Exchange Board of India (SEBI), CarTrade will issue over 12 million equity shares at a face value of Rs 10, translating to 26.96% of its post-offer paid-up equity share capital.
Highdell, which is the company’s biggest shareholder will be selling the biggest stake 5,379,055 equity shares , followed by MacRitchie selling 3,568,217 shares, then CMDB and Springfield. Other shareholders that will sell their shares through the IPO include Bina Vinod Sanghi, Shree Krishna Trust and others. Axis Capital is the lead book-running manager, while Kotak Mahindra Capital Co, Citigroup Capital Markets and Nomura are the investment banks for the IPO. ....

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Global Account Aggregators Market SWOT Analysis,Key Indicators,Forecast 2027 : MX Technologies Inc, Finicity, Fiserv – KSU

The global Account Aggregators market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. MR Accuracy Reports in its ....

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Shriram Automall sells over 5,600 vehicles, equipment during 1-day bidding event

Shriram Automall sells over 5,600 vehicles, equipment during 1-day bidding event
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Sameer Malhotra , Shriram Automall , Shriram Transport Finance Company Ltd , Shriram Automall India Ltd , Solutions India Pvt Ltd , India Pvt Ltd , அதே மல்ஹோத்ரா , ஸ்ரீராம் தானியங்கு , ஸ்ரீராம் போக்குவரத்து நிதி நிறுவனம் லிமிடெட் , ஸ்ரீராம் தானியங்கு இந்தியா லிமிடெட் , தீர்வுகள் இந்தியா பிரைவேட் லிமிடெட் , இந்தியா பிரைவேட் லிமிடெட் ,