The Cash Ur Drive Marketing Limited SME IPO, which opened on July 31, 2025, is now on its second day of subscription (August 1, 2025). The issue will remain open until August 4, 2025. This IPO aims to raise capital through a fresh issuance of up to 46.76 lakh equity shares, totaling approximately ₹60.79 crore at the upper price band.
IPO Details at a Glance
- IPO Opening Date: July 31
- IPO Closing Date: August 04
- Price Band: ₹123 to ₹130 per equity share
- Lot Size: 1,000 shares
- Minimum Investment: ₹2,60,000)
- Book Running Lead Manager: Narnolia Financial Services Limited
- Sponsor Bank: Axis Bank Limited
- Registrar: Bigshare Services Private Limited
Subscription Snapshot: Modest Uptake So Far
The overall subscription stands at approximately 1.19x as of subscription data of Day-2. The segment-wise detail as follows:
- Retail Individual Investors (RII): 1.40x
- Non-Institutional Investors (NII): 0.48x
- Qualified Institutional Buyers (QIB): 3.51x
Cash Ur Drive Marketing Limited: Company Overview
Cash Ur Drive Marketing Limited, Chandigarh based company, operates in the marketing and distribution sector. The company provides comprehensive solutions across various segments including consumer and industrial product segments. Cash Ur Drive was established with a focus on increasing reach through ground-breaking marketing strategies and a wide distribution network.
The company has placed itself to capitalize on rising demand in India’s fast-moving consumer goods and services sectors.
(Disclaimer: This update is for informational purposes only and does not constitute financial advice. Investors should carefully read the company’s prospectus and consult their financial advisors before investing.)
Also Read: Renol Polychem SME IPO Day 2: Is This Under-the-Radar Listing Gaining Momentum?
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
