Route Mobile Ltd IPO
Mainboard₹14,000 / 40 Shares
Route Mobile Ltd IPO Details
The Route Mobile Ltd IPO price band is set between ₹345 to ₹350 per equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 9 Sep, 2020 and closes on 11 Sep, 2020. Investors can check the allotment status on 17 Sep, 2020, while the listing date is tentatively scheduled for 21 Sep, 2020.
The total issue size is Total Equity Shares 1,71,42,856 of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 600 Cr# Fresh Issue of 68,57,142 , aggregating up to . Stay tuned for the latest Route Mobile Ltd IPO review and GMP updates.
Route Mobile Ltd IPO Review, Rating & Analysis
Route Mobile Ltd IPO Review
NO REVIEWRoute Mobile Ltd IPO Rating
Route Mobile Ltd IPO Highlights
IPO Date
Sep 9, 2020 - Sep 11, 2020
Listing Date
21 Sep, 2020
Face Value
₹10 Per Equity Share
Price Band
₹345 to ₹350 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Route Mobile Ltd IPO Lot Size
The minimum market lot for Route Mobile Ltd IPO is 40 shares with an application amount of ₹14,000. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹14,000 |
| Retail (Max) | 14 | 560 | ₹1,96,000 |
| S-HNI (Min) | 15 | 600 | ₹2,10,000 |
| S-HNI (Max) | 71 | 2840 | ₹9,94,000 |
| B-HNI (Min) | 72 | 2880 | ₹10,08,000 |
Route Mobile Ltd IPO Timeline
Issue Price
₹345 to ₹350 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Axis Capital LimitedEdelweiss Capital LimitedICICI Securities LimitedIDBI Capital Market Services LimitedIssue Size
Total Equity Shares 1,71,42,856 of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 600 Cr# Fresh Issue of 68,57,142 (approx.) Equity Shares of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 240 Cr# Offer for Sale of 1,02,85,Route Mobile Ltd IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 June 20 | 634.83 | 312.29 | 26.93 | - | - | - |
| 31 March 20 | 626.54 | 968.10 | 69.10 | - | - | - |
| 31 Mar 19 | 505.78 | 852.37 | 54.53 | - | - | - |
| 31 Mar 18 | ₹447.36 | 509.48 | 46.67 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Sandipkumar Gupta
- Mr. Rajdipkumar Gupta
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Route Mobile Ltd IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,478,259 | 2,608,696 | 6,086,957 | 12,173,912 |
Day 1 -09-09-20 5:30 PM | 0.01 x | 0.46 | 1.80 x | 1.00 x |
Day 2 -10-09-20 5:30 PM | 1.25 x | 2.04 | 6.70 x | 4.15 x |
Day 3 -11-09-20 05:30 PM | 89.76 x | 192.81 | 12.67 x | 73.30 x |
Frequently Asked Questions about Route Mobile Ltd IPO IPO
When will Route Mobile Ltd IPO open for subscription?
The Route Mobile Ltd IPO opens on 9 Sep, 2020 and closes on 11 Sep, 2020.
What is the investors portion for Route Mobile Ltd IPO?
The investors' portion for QIB is 89.76 x, NII is 192.81, and Retail is 12.67 x.
How to apply for Route Mobile Ltd IPO?
You can apply for Route Mobile Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Route Mobile Ltd IPO?
The issue size of Route Mobile Ltd IPO is approx ₹Total Equity Shares 1,71,42,856 of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 600 Cr# Fresh Issue of 68,57,142 (approx.) Equity Shares of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 240 Cr# Offer for Sale of 1,02,85, crores.
What is the price band of Route Mobile Ltd IPO?
The price band for Route Mobile Ltd IPO is ₹345 to ₹350 per equity share to ₹undefined.
What is the lot size of Route Mobile Ltd IPO?
The minimum bid (lot size) for Route Mobile Ltd IPO is N/A shares with an investment of approx ₹14,000 .
What is the allotment date of Route Mobile Ltd IPO?
The allotment date for Route Mobile Ltd IPO is 17 Sep, 2020.
What is the listing date of Route Mobile Ltd IPO?
The listing date for Route Mobile Ltd IPO is expected to be 21 Sep, 2020.
What is the GMP of Route Mobile Ltd IPO?
The latest Grey Market Premium (GMP) for Route Mobile Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.