MainBoardListed
Route Mobile Limited
Company websiteSize: ₹1,73,91,303 crore. Fresh issue: ₹0 crore. OFS: ₹0 crore.
When to apply: 09-09-2020 — 11-09-2020. Allotment: 17-09-2020. Listing: 21-09-2020. Note: OFS does not raise fresh capital for the company.
Start Date09-09-2020
End Date11-09-2020
Listing Date21-09-2020
Allotment Date17-09-2020
Current Price₹717
GMP₹310 (88.57%)
Lot Size40 Shares
Subscription0 Times
Face Value₹10 per share
Listing atNSE, BSE
Issue Price₹345 - ₹350
Pre Issue₹5,00,00,000
Post Issue₹5,68,57,142
Issue Size₹1,73,91,303
(aggregating up to 600.00 Cr)
(aggregating up to 600.00 Cr)
Fresh Issue
(aggregating up to 240.00 Cr)
(aggregating up to 240.00 Cr)
Offer For Sale
(aggregating up to 360.00 Cr)
(aggregating up to 360.00 Cr)
The Grey Market Premium (GMP) for Route Mobile Limited is currently around ₹310 (88.57%). This indicates an estimated listing price of approximately ₹655 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
11 Apr 2025, 09:42 | ₹350 | ₹310 | ₹660 (88.57%) |
Financials overview in Lakhs
Here is a quick look at the recent financial performance of Route Mobile Limited . The numbers below ( in Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹121.74 | 10927.74 | 89.76 |
RETAIL | ₹213.04 | 2699.51 | 12.67 |
NIB | ₹91.30 | 17604.69 | 192.82 |
Total | ₹334.78 | 13627.25 | 40.71 |
The IPO reservation for Route Mobile Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 50.51% | 85,71,427 |
HNI | 14.14% | 25,71,429 |
RETAIL | 35.35% | 60,00,000 |
TOTAL | 100.00% | 1,71,42,856 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 40 | ₹14,000 | |
sHNI | 15 | 600 | ₹2,10,000 | |
bHNI | 72 | 2,880 | ₹10,08,000 |
Below you can find the official contact details of Route Mobile Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: investors@routemobile.com
Phone: +91 22 4033 7676
Website: http://www.routemobile.com/
Address: 4th Dimension, 3rd Floor Mind Space, Malad (West) Mumbai 400 064