|
Offer Date |
Dec 12 - Dec 16, 2025 |
|
Offer Price |
₹ 83-88 |
|
Lot Size |
1600 |
Please login to Apply IPO
Exim Routes Limited IPO
NSE SME Pre-Apply
Offer Date: Dec 12, 2025 - Dec 16, 2025
₹ 281600
/3200 Shares
*Min Investment
12 Dec, 2025
Open Date16 Dec, 2025
Close Date17 Dec, 2025
Allotment Date19 Dec, 2025
Listing DateExim Routes IPO Issue Details
- Issue Price ₹83-88 per equity share
- Face Value ₹5 Per Equity Share
- Total Issue Size 49,69,600 shares(aggregating up to ₹43.73 crore)
- Fresh Share 49,69,600 shares(aggregating up to ₹43.73 crore)
- Listing at NSE SME
- Lead Manager Narnolia Financial Services Ltd.
- Registrar Maashitla Securities Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 3200 | ₹2,81,600 |
| Individual(max) | 2 | 3200 | ₹2,81,600 |
| SHNI(min) | 3 | 4800 | ₹4,22,400 |
| SHNI(max) | 7 | 11200 | ₹9,85,600 |
| BHNI(min) | 8 | 12800 | ₹11,26,400 |
Exim Routes IPO Reservation
Exim Routes IPO offers total 0 shares. Out of which 940800 (18.93%) allocated to QIB, 710400 (14.29%) allocated to NII,1657600 (33.35%) allocated to RII, NA (NA%) allocated to employees and 1411200 (28.4%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1411200 (28.4%) | |
| Market Maker Shares Offered | 249600 (5.02%) | |
| QIB Shares Offered | 940800 (18.93%) | |
| NII (HNI) Shares Offered | 710400 (14.29%) | |
| bNII > ₹10L | 475200 (9.39%) | |
| sNII < ₹10L | 240000 (4.85%) | |
| Individual Shares Offered | 1657600 (33.35%) | |
| Total Shares Offered | 0 (100%) |
Exim Routes IPO Details
Exim Routes Limited IPO is an SME IPO, priced at ₹83-88 per equity share. The equity shares have a face value of ₹5 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 49,69,600 equity shares, aggregating up to ₹43.73 crores..
The IPO bidding window is open from Dec 12, 2025 to Dec 16, 2025. The allotment is expected to be finalized on Dec 17, 2025, and the tentative listing date is Dec 19, 2025.
The minimum lot size for Individual investors is 3200 shares, with a minimum investment of ₹2,81,600.
Narnolia Financial Services Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Pvt.Ltd., and
Read More
Exim Routes Valuations
EPS Pre IPO
₹/-
EPS Post IPO
₹/-
ROE
42.28%
ROCE
26.81%
Debt/Equity
0.18
RoNW
42.28%
PAT Margin
18.52%
Price to Book Value
7.77
Market Cap.
165.02 Cr.
Exim Routes Company Financials
In Crs.
In Cr.
| 30-Jun-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 50.97 | 47.62 | 20.53 | 6.63 |
| Revenue | 44.17 | 120.99 | 72.39 | 36.46 |
| Profit After Tax | 1.17 | 7.56 | 4.20 | 0.37 |
| Net Worth | 16.38 | 15.60 | 1.18 | 0.56 |
| Reserves & Surplus | 15.71 | 14.41 | 3.58 | 0.53 |
| Total Borrowing | 5.10 | 2.75 | 1.46 | 2.86 |
About Exim Routes Company
Incorporated in April 2019, Exim Routes Limited is an online intercontinental marketplace that aides in the exchange of recyclable paper material wastes by providing end-to-end services to Indian Paper Mills, right from sourcing waste paper to quality assurance and logistics.
The Company has a group structure, comprising a parent located in India, namely Exim Routes Limited, and foreign subsidiaries.Exim Routes is a global recyclable exchange company focused on facilitating cross-border trade in recyclable materials, with particular emphasis on paper and metal scrap.
Exim Routes provides its own AI-driven B2B platform, called 'ERIS,' which aims to connect recyclable paper buyers and sellers for hassle-free procurement, supply-chain, and delivery.It involves sourcing wastepaper from around the world and supplying to Indian mills, handling logistics and trade coordination across geographies.
Their operations span multiple continents, with a strong presence in India and Singapore, besides the subsidiaries in the USA, UK, Germany, and South Africa.
The company offers comprehensive services such as sourcing, quality assurance, logistics, and trade execution.Exim Routes integrates a global network with a technology-driven methodology to simplify the recyclables trade ecosystem.
As of November 30, 2025, our Company currently employs 18 employees.
Exim Routes - Promoter(s)
Mr. Manish Goyal
Mr. Govind Rai Garg
Pre Issue Share Holding : 71.35%
Post Issue Share Holding : 52.44%
Exim Routes IPO - Issue Objectives
1
To meet out the expenses for Development and Maintenance of the ERIS platform
2
To meet out the expenses for Working Capital to fund business growth
3
To meet out the expenses for Investment in Office space to accommodate new hires
4
General Corporate Purposes
Contact Details
Exim Routes
Unit No 421, 4th Floor, Suncity Success Tower, Golf Course Extension Road, Sector 65, Gurgaon, Haryana, 122101
+91 95602 71761
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Exim Routes IPO - FAQs
Ans. Exim Routes Limited IPO is a SME IPO. The issue is priced at ₹83-88 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Dec 12, 2025, and closes on Dec 16, 2025. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Exim Routes Limited IPO opens on Dec 12, 2025 and closes on Dec 16, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Exim Routes Limited IPO is 49,69,600 shares(aggregating up to ₹43.73 Cr).
Ans. The Exim Routes Limited IPO price band is set between ₹83-88 per equity share.
Ans. To apply for Exim Routes Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Exim Routes Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Exim Routes Limited IPO is Dec 17, 2025.
Ans. The Exim Routes Limited IPO will be listed on Dec 19, 2025.
Ans. Follow the steps to check the Exim Routes Limited IPO allotment status online.
