Cartrade Tech Limited was incorporated as Kaymo Fastener Company Private Limited' on 28 April 2000 at Mumbai, Maharashtra as a Private Limited Company, and was granted the Certificate of Incorporation by the RoC, Maharashtra at Mumbai. The Company's name was changed to MXC Solutions India Private Limited' on 12 August 2009 and further changed to CarTrade Tech Private Limited' on 20 April 2021. The Company subsequently was converted to a Public Limited Company and the name of the Company was changed to CarTrade Tech Limited' on May 12, 2021.
CarTrade Tech is a multi-channel auto platform with coverage and presence across vehicle types and value-added services. It offer a variety of solutions across the automotive transaction value chain such as the buying, selling, marketing, valuation, and financing of new and pre-owned cars, two-wheelers, commercial vehicles, and farm and construction equipment. It operate through several platforms: CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto, and new vehicle CRM solution Autobiz.
The Company owns and operates under several brands such as Car Trade, Carwale and AutoBiz. Through these platforms, it enables new and used customers,vehicle dealerships, OEMs and other businesses to buy and sell their vehicles in a simple and efficient manner. Apart from this, it operates an automotive digital ecosystem which connects automobile customers, OEMs, dealers, banks, insurance companies and other stakeholders.
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The Company commenced business from July 06, 2009. Later on, in year 2016, the Company acquired CarWale and BikeWale; acquired Adroit Auto in 2017; acquired equity stake in Shriram Automall in 2018.
In August 2021, the Company came out with an IPO of 18532216 Equity Shares by raising funds from public aggregating up to Rs 2998.15 Crore.
In 2021, the Company launched CarWale abSure platform, which offers quality handpicked used cars, thoroughly vetted by CarWale. In 2023, the Company acquired OLX's Classifieds and Auto Transactions business in India.
In 2023-24, Company acquired 100% stake of OLX Auto from its holding Company OLX India B.V on August 11, 2023.
Company launched CarTrade Labs, an innovation hub driving AI, data science, and digital transformation in FY 2025.
FAQs on Cartrade Tech Ltd
1. Can I buy Cartrade Tech Ltd from PL Capital? ›
Yes, you can invest in Cartrade Tech Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Cartrade Tech Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Cartrade Tech Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Cartrade Tech Ltd pay dividends? ›
Cartrade Tech Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Cartrade Tech Ltd ? ›
As of
05-Feb-2026 , 15:59:24 the share price for Cartrade Tech Ltd. is ₹ 2302 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Cartrade Tech Ltd ? ›
The 52-week high and low of Cartrade Tech Ltd share price is ₹ 1362.5 - ₹ 3290.5 as of
05-Feb-2026 , 15:59:24 .
