Latest news with #CashUrDriveMarketing
Business Standard
5 days ago
- Business
- Business Standard
NSE SME Cash Ur Drive Marketing takes the fast lane on debut
Shares of Cash Ur Drive Marketing was trading at Rs 147.25 on the NSE, a premium of 13.27% compared with the issue price of Rs 130. The scrip was listed at Rs 155, a premium of 19.23% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 155 and a low of Rs 147.25. About 21.77 lakh shares of the company changed hands at the counter. Cash Ur Drive Marketing's IPO was subscribed 75.69 times. The issue opened for bidding on 31 July 2025 and it closed on 04 August 2025. The price band of the IPO was set at Rs 123 to Rs 130 per share. The IPO comprised 46,76,000 equity shares, including a fresh issue of 44,69,000 equity shares and offer for sale (OFS) of 2,07,000 equity shares. The company intends to utilize the net proceeds for investment in technology, capital expenditure, funding the working capital requirement and general corporate purposes. Ahead of the Cash Ur Drive Marketing on 30 July 2025, raised Rs 17.18 crore from anchor investors. The board was allotted 13.22 lakh shares at Rs 130 per share to 12 anchor investors. Cash Ur Drive Marketing is an Out-Of-Home (OOH) advertising company offering a diverse range of advertising solutions, including transit media, outdoor media, print media, and digital media services, tailored to help its clients effectively reach their target audience. As of 30 June 2025, the company employed 87 permanent employees. The company recorded revenue from operations of Rs 139.32 crore and a net profit of Rs 17.68 crore for the period ended 31 March 2025.
Time of India
6 days ago
- Automotive
- Time of India
Cash Ur Drive Marketing shares to list today. Here's what GMP indicates
Cash Ur Drive Marketing is scheduled to debut on the NSE SME platform on August 7 with strong listing day expectations. In the grey market, the IPO is commanding a GMP of 26%, translating to a premium of around Rs 34 over the issue price of Rs 130 per share. The public issue, which comprised a fresh issue of 44.69 lakh shares and an offer for sale of 2.07 lakh shares, was subscribed 81.94 times overall. The IPO garnered exceptional demand from HNIs (135.23x), followed by QIBs (76.19x) and retail investors (62.41x). Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Cash Ur Drive Marketing is a Noida-based out-of-home (OOH) advertising company known for its innovative vehicle branding and 360-degree campaigns. The firm provides integrated advertising solutions across transit media, print, billboards, and digital wall paintings, and has recently entered EV-based ad formats. Financially, the company posted robust growth in FY25, with revenue rising 45% YoY to Rs 142.18 crore and PAT doubling to Rs 17.68 crore. Live Events The IPO proceeds are intended for tech investment, capex, and working capital needs, with Rs 33 crore earmarked for operations expansion. With a solid subscription and positive GMP, the listing is expected to see significant investor interest on debut day. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Mint
05-08-2025
- Business
- Mint
Cash Ur Drive Marketing IPO allotment to be out soon - Here's how to check status
Cash Ur Drive Marketing IPO allotment is scheduled to be finalised on Tuesday, August 5. Cash Ur Drive Marketing IPO opened for bidding on July 31 and closed on August 4. Cash Ur Drive Marketing IPO was subscribed by more than 81.94 times on its final day of bidding. Qualified Institutional Buyers (QIBs) subscribed 76.19 times, Non-Institutional Investors (NIIs) subscribed 135.23 times, and Retail Individual Investors (RIIs) subscribed 62.41 times. Cash Ur Drive Marketing IPO will be list on NSE SME with a tentative listing date fixed as Thursday, August 7, 2025. Investors who subscribed to the Cash Ur Drive Marketing IPO can check their allotment status online through the Bigshare Services Pvt Ltd website or the NSE portal. Visit the Cash Ur Drive Marketing IPO allotment page on 2. From the dropdown list, choose the IPO name 'Cash Ur Drive Marketing'. 3. Select your preferred option — PAN number, Application number, or DP ID. 4. Enter the corresponding details based on your selection. 5. Click the 'Search' button. 6. Your IPO allotment status will then be displayed on your screen (mobile or desktop). Visit the NSE IPO allotment page at 2. Choose the IPO name 'Cash Ur Drive Marketing' from the drop-down list 3. Pick one of the available options – PAN Number, Application Number, or DP ID 4. Enter the corresponding details based on your selection 5. Click on the 'Search' button 6. Your allotment status will be displayed on your screen (mobile or desktop). Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
31-07-2025
- Automotive
- Mint
Cash Ur Drive Marketing IPO Day 1: Issue booked 20% so far; check GMP, issue details, more
Cash Ur Drive Marketing IPO commenced on Thursday, July 31 and will conclude on Monday, August 4. Cash Ur Drive Marketing IPO price band has been set at ₹ 123 to ₹ 130 per equity share, each with a face value of ₹ 10. Investors can place bids for a minimum of 1,000 equity shares and in multiples of 1,000 shares thereafter. The anchor segment will commence on 30th July, 2025, and the issue will conclude on 04th Aug, 2025. Cash Ur Drive Marketing Limited specialises in outdoor advertising, emphasizing vehicle wrap advertising as mobile billboards. The firm delivers a comprehensive marketing approach across transit media, digital wall murals, and events, striving for significant branding through vehicle-based advertising in various Indian cities. As a player in the OOH advertising sector, the company offers a range of solutions, including Transit, Outdoor, Print, and Digital Media Services, assisting clients in reaching their desired audience. The company provides bus branding, auto hood advertisements, billboard campaigns, and outdoor media strategies. Additionally, the company promotes EV vehicles and charging stations to capitalise on growth opportunities in the electric vehicle market. As per the red herring prospectus (RHP), the company's listed peers are DAPS Advertising Ltd (with a P/E of 10.48), and Bright Outdoor Media Ltd (with a P/E of 29.74). Cash Ur Drive Marketing IPO subscription status is 20% on day 1, so far as per The retail portion was subscribed 38%, and NII portion was booked 7%. The company has received bids for 6,29,000 shares against 30,95,000 shares on offer on the first bidding day, at 14:00 IST, according to data on Cash Ur Drive Marketing IPO consists of a fresh issue of 42,10,000 equity shares, aggregating to ₹ 54.73 crore, and the offer-for-sale (OFS) component. includes shares aggregating up to ₹ 2.69 crore. The funds generated from the IPO will be used for technological investments, capital expenditures, supporting working capital needs, and various corporate activities. Narnolia Financial Services Limited serves as the Book Running Lead Manager for the issue, while Bigshare Services Private Limited is acting as the Registrar. 'This IPO marks a significant milestone in our growth journey. The proceeds will enable us to invest in cutting-edge technology, expand our media asset base, and strengthen our operational capabilities across new geographies. More importantly, it empowers us to scale our ESG-compliant advertising model, helping brands engage audiences in ways that are both effective and environmentally responsible,' said Raghu Khanna, Managing Director of CashurDrive Marketing. Cash Ur Drive Marketing IPO GMP today or grey market premium is +21. This indicates Cash Ur Drive Marketing share price were trading at a premium of ₹ 21 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Cash Ur Drive Marketing share price was indicated at ₹ 151 apiece, which is 16.15% higher than the IPO price of ₹ 130. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Economic Times
31-07-2025
- Business
- Economic Times
Cash Ur Drive IPO to open for subscription today. Check GMP, price band and other details
The IPO of Cash Ur Drive Marketing will open for subscription on Thursday aiming to raise Rs 60.79 crore through a combination of fresh issue and offer for sale. Market sentiment around the NSE SME-bound IPO has been buoyant, with the grey market premium (GMP) hovering around 18% ahead of the opening. ADVERTISEMENT The issue comprises a fresh sale of 44.69 lakh shares worth Rs 58.10 crore and an offer for sale of 2.07 lakh shares amounting to Rs 2.69 crore. The price band has been fixed at Rs 123 to Rs 130 per share, with investors required to bid for a minimum of 2,000 shares. The public issue will close on August 4, with allotment expected on August 5 and listing tentatively scheduled for August 7 on the NSE SME platform. Anchor investors have already subscribed to Rs 17.19 crore worth of shares a day before the issue opened. Cash Ur Drive Marketing operates in the out-of-home (OOH) advertising space, with a unique focus on transit media such as cab wraps, auto hoods, and EV charging station company provides 360-degree marketing solutions, including print and digital channels, and has operations across key cities like Mumbai, Chandigarh, Lucknow, and FY25, revenue jumped 45% year-on-year to Rs 142.18 crore, while profit after tax nearly doubled to Rs 17.68 crore. ADVERTISEMENT The company plans to use the IPO proceeds primarily for funding working capital (Rs 33 crore), investment in technology (Rs 5.31 crore), and capital expenditure (Rs 5.97 crore).Market participants will be closely watching the subscription data over the next few days, particularly retail and HNI demand, to gauge the listing potential. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
