CARTRADE TECH Share price

The Company was incorporated as ‘Kaymo Fastener Company Private Limited’ on April 28 2000 at Mumbai Maharashtra as a private limited company under the Companies Act 1956 and was granted the certificate of incorporation by the Registrar of Companies Maharashtra at Mumbai (“RoC”). The name of the Company was subsequently changed to ‘MXC Solutions India Private Limited’ pursuant to a special resolution passed by the Shareholders at the EGM held on July 31 2009 to reflect the Company’s pan-India presence and a fresh certificate of incorporation was issued by the RoC on August 12 2009. Subsequently in October 2009 the current management and some of the current shareholders including Vinay Vinod Sanghi acquired Equity Shares in the Company. The name of the Company was thereafter changed to ‘CarTrade Tech Private Limited’ pursuant to a special resolution passed by the Shareholders at the EGM held on March 31 2021 to reflect the brand name and establish a wider business presence and a fresh certificate of incorporation was issued by the RoC on April 20 2021. the Company was converted from a private limited company to a public limited company pursuant to a special resolution passed by the Shareholders at the EGM held on April 29 2021 and the name of the Company was changed to ‘CarTrade Tech Limited’. Consequently a fresh certificate of incorporation was issued by the RoC on May 12 2021.Major events and milestones of the Company :2009- Canaan VIII Mauritius invested Rs. 45 million by subscribing to 1800000 Series A Preference Shares and 100 EquityShares of the Company2010- Launch of B2B and C2B auctions2011- Epiphany Overseas Ventures invested ?112.79million by subscribing to 1385228 Series B Preference Shares and 100Equity Shares of the Company2011- Tiger Global Six India II Holdings invested Rs. 328.53 million by subscribing to 2377123 Series C Preference Shares and 100 Equity Shares of the Company2012- Launch of CarTrade.com and CarTradeExchange.com2014- Highdell Investment Ltd invested Rs. 1372.51 million by subscribing to 4549018 Series D Preference Shares and 100Equity Shares of the Company2015- Springfield Venture International invested Rs. 1270 million by subscribing to 2011133 Series E Preference Shares of the Company2016- Acquired Automotive Exchange Private Limited owners of brand name CarWale and BikeWale for a sum of USD 100.07million2016- MacRitchie Investments Pte Ltd invested Rs. 3323 million by subscribing to 5854525 Series F Preference Shares of the Company2016- Foundation Investments of Ohio Limited invested Rs. 19.93 million by subscribing to 35126 Series F1 Preference Shares Manbro P.E. IV LP invested Rs. 186.08 million by subscribing to 327845 Series F1 Preference Shares and MSF Private Equity Fund LLC invested Rs. 126.27 million by subscribing to 222466 Series F1 Preference Shares2017- MacRitchie Investments Pte Ltd invested Rs. 2422.90 million by subscribing to 3594499 Series G Preference Shares of the Company- Acquired AISPL (Adroit) for a sum of Rs. 129.98 million2018- Acquired 51% (55.43% on actual basis) of the paid-up share capital of SAMIL on a fully diluted basis for a sum ofRs. 1563.76 million2020- MacRitchie Investments Pte. Ltd. invested Rs. 1071.90 million by subscribing to 1299075 Series H Preference Shares;Highdell Investment Ltd invested Rs. 1071.90 million by subscribing to 1299075 Series H Preference Shares and MCP3SPV LLC invested Rs. 1071.90 million by subscribing to 1299075 Series H Preference SharesAwards accreditations and recognitions received by the Company and Subsidiaries :2007- ‘Red Herring 100 Winner Asia’ awarded to Automotive Exchange Private Limited (which amalgamated into the  Company) by Red Herring as one of the Top 100 Private Companies of 20072008- ‘PC World Web Awards’ awarded www.carwale.com by PC World India for Overall Performance in the Automobile category2011- ‘Digital Awards Best Auto Content Website’ awarded to www.carwale.com by Internet and Mobile Association of India2012- ‘Digital Awards Best Auto Content Website’ awarded to www.carwale.com by Internet and Mobile Association of India;- ‘Fleet Enabler of the Year’ awarded to SAMIL by Apollo CV2015- ‘A Milestone in Auto Loans’ awarded by HDFC Bank to ‘CarWale’ for an auto loan portfolio of Rs. 50000 crore;- SAMIL was recognised in the Limca Book of Records National Record for organising 6683 online bidding events for acquisition and disposal of pre-owned vehicles and equipment;- SAMIL was recognised in the Limca Book of Records National Record for organising 2466 physical bidding eventsfor acquisition and disposal of pre-owned vehicles;- ‘Transportation Leadership Award - Fleet Enabler of the Year’ awarded to SAMIL by Kamikaze;- ‘Transportation Leadership Award- Innovation in Transportation’ awarded to SAMIL by Kamikaze2016- ‘Best Online Marketplace in Bidding Platforms for Acquisition & Disposal of Used Vehicles & Equipment’ awarded to SAMIL by Indian Brand Convention;- ‘Best Disruptive Innovation of the Year Automotive’ awarded to SAMIL by Disruptive Tech & Innovation Awards 2016;- ‘Transportation Leadership Award – Excellence in Customer Experience’ awarded to SAMIL by Kamikaze;- ‘Transportation Leadership Awards – Fleet Enabler of the Year’ awarded to SAMIL by Kamikaze2017- ‘2017 Leaders Awards’ awarded to SAMIL for achieving fastest growing brand for pre-owned vehicles of the year by 24 MRC;- ‘India’s Most Trusted Brand in Pre-Owned Automobile Industry’ awarded to SAMIL by Indian Brand Convention;- Award for ‘Best Service Provider of 2017’ awarded to SAMIL by CIA World Builders & Infra Awards 20172018- ‘Mumbai Brand Summit & Hot Brands 2018’ awarded to Automotive Exchange Private Limited (Carwale.com) by ‘Paul Writer’;- ‘Best Service Provider in Pre-owned Commercial Vehicles’ awarded to SAMIL by CIA World Construction & Infra Awards 2018;- ‘Best Employee Engagement in Service Sector’ awarded to SAMIL by ET Now2019- ‘Best Employer Brand Awards’ awarded to SAMIL by Zee Business2020- ‘Best Pre-owned Commercial Vehicles Company’ awarded to SAMIL by CIA World Builders and Building Material Awards 20202021- ‘Nation Wide Awards 2021’ awarded to SAMIL for Best Innovation (Digital Physical Event) in Pre-owned Automobile Industry by Business Mint;- ‘Nation Wide Awards 2021’ awarded to SAMIL for Excellence in Pre-owned Automobile Industry by Business Mint;- Asia Feather Awards in ‘Best in class pre-owned vehicles & equipment auction company’ to SAMIL by Feather Touch