Indian auto classifieds platform CarTrade lists at discount to issue price

Indian auto classifieds platform CarTrade lists at discount to issue price

IPO

Shares of CarTrade Tech Ltd made a muted debut on the exchanges on Friday. The stock opened at 2% discount to its issue price of 1618 and settled at 1,500.10, down 7.3% from its issue price. The initial public offering was subscribed over 20 times last week.