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Cash Ur Drive Marketing: Cash Ur Drive Marketing shares get listed at 19.23% premium!

News by Aliceblue News Desk

07 Aug 2025

Cash Ur Drive Marketing: Cash Ur Drive Marketing shares get listed at 19.23% premium!

Cash UR Drive Marketing made its debut on the NSE SME at ₹155 per share, registering a 19.23% gain over the IPO issue price of ₹130. The IPO bidding took place from July 31 to August 4, with allotment finalized on August 5.

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Cash Ur Drive Marketing IPO details

Cash Ur Drive Marketing IPO was subscribed 81.94 times overall. By August 4, 2025, it saw 62.41 times subscription by retail investors, 76.19 times by QIBs, and 135.23 times in the Non-Institutional Investors (NII) category.

About Cash Ur Drive Marketing Ltd

Cash Ur Drive Marketing Ltd., established in 2009, is an OOH advertising company specializing in vehicle wrap ads, transit media, and digital promotions. It offers 360-degree branding solutions, including EV advertising, bus branding, auto ads, billboards, and event-based marketing across various Indian cities.

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Cash Ur Drive Marketing IPO objective

The objective of the Cash Ur Drive Marketing IPO is to raise funds for business expansion, working capital needs, and general corporate purposes through a combination of fresh issue and offer for sale, totaling ₹60.79 crores.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

FAQs

Q: At what price did Cash Ur Drive Marketing list on the exchange?

A: Cash Ur Drive Marketing listed at ₹155 per share, reflecting a 19.23% premium over the IPO issue price of ₹130.

Q: How much was Cash Ur Drive Marketing IPO subscribed?

A: The IPO was subscribed 81.94 times in total, with strong interest from retail, QIB, and NII categories.

Q: What is the objective of Cash Ur Drive Marketing IPO?

A: The ₹60.79 crore IPO aims to raise ₹58.10 crore via fresh issue and ₹2.69 crore through offer for sale for business growth.

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