Route Mobile Ltd IPO

Route Mobile Ltd IPO is listed on BSE and NSE, priced at ₹345–₹350 per share. The stock debuted at ₹717, delivering a listing gain of 104.9%. The IPO had a lot size of ₹40 shares and a minimum investment of ₹14,000.

Route Mobile Ltd IPO

Mainboard Listed
₹14,000 (40 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 9, 2020 – Sep 11, 2020
Price band
₹345 - 350 per equity share
Minimum Investment
₹14,000
Issue 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 1,02,85,714 Equity Shares of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 360 Cr
Lot size
40
Allotment Date
Sep 17, 2020
Listing
Sep 21, 2020
Listing At
BSE, NSE

IPO timeline

  1. Sep 9, 2020

    Open Date

    Completed

  2. Sep 11, 2020

    Close Date

    Completed

  3. Sep 17, 2020

    Allotment Date

    Completed

  4. Sep 21, 2020

    Listing Date

    Completed

Price Summary

Last closing
506.55 (44.73%)
52 week high
1,158.00
52 week low
410.70
Last update

Route Mobile Ltd IPO Essentials

Route Mobile Ltd IPO Details

Route Mobile Ltd IPO is priced at ₹345 - 350 per share with a total issue size of 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 1,02,85,714 Equity Shares of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 360 Cr. The IPO has a lot size of 40 shares and is listed on BSE and NSE.

Issue price
₹345 to ₹350 per equity share
Lot size
40 shares
Face value
₹10 Per Equity Share 
Issue 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 1,02,85,714 Equity Shares of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 360 Cr
Listing at
BSE, NSE
List price
717.00
Listing date
Registrar
KFintech Private Limited
Lead manager
Axis Capital Limited, Edelweiss Capital Limited, ICICI Securities Limited, IDBI Capital Market Services Limited

Route Mobile Ltd IPO Details

  • Retail Portion N/A

Route Mobile Ltd IPO Documents

Route Mobile Ltd IPO Analytics

Route Mobile Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Route Mobile Ltd IPO Subscription Status

Route Mobile Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
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
0.46x
1.80 x 1.00 x
Day 2 10-09-20 5:30 PM
1.25 x
2.04x
6.70 x 4.15 x
Day 3 11-09-20 05:30 PM
89.76 x
192.81x
12.67 x 73.30 x

Route Mobile Ltd Valuations

Earnings

EPS (Post IPO)
₹13.16
P/E Ratio
26.60

Returns

RoNW
25.58%

Data sourced from DRHP / RHP • For educational purposes only

Route Mobile Ltd Financials( In Crs.)

30-June-20 31-March-20 31-Mar-19 31-Mar-18
Assets 634.83 626.54 505.78 ₹447.36
Revenue 312.29 968.10 852.37 509.48
Profit After Tax 26.93 69.10 54.53 46.67

Route Mobile Ltd Company & Offer Insights

Route Mobile Ltd IPO Issue Objectives

Offer for Sale: ✦To carry out the disinvestment of Equity Shares by the Selling Shareholder in the company. ✦To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Fresh Issue: ✦Repayment or pre-payment, in full or part, of certain borrowings of our Company Acquisitions and other strategic initiatives ✦Purchase of office premises in Mumbai ✦General corporate purposes

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Route Mobile Ltd IPO is a book-built IPO worth ₹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 1,02,85,714 Equity Shares of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 360 Cr. The price band is ₹345–₹350 per share. The IPO opens on Sep 9, 2020 and closes on Sep 11, 2020. It will be listed on BSE and NSE. KFintech Private Limited is the registrar.

The price band of Route Mobile Ltd IPO is ₹345 to ₹350 per share.

The lot size of Route Mobile Ltd IPO is 40 shares.

The minimum investment for Route Mobile Ltd IPO is approximately ₹14,000 based on the upper price band .

Route Mobile Ltd IPO opens on Sep 9, 2020 and closes on Sep 11, 2020.

The allotment date of Route Mobile Ltd IPO is Sep 17, 2020.

Route Mobile Ltd IPO is expected to be listed on Sep 21, 2020, on BSE and NSE .

Route Mobile Ltd IPO listed on Sep 21, 2020. It was issued at ₹717.00 and is currently around ₹506.55 as on 14-May-2026 3:30 PM, which is approximately 44.7% versus issue price. The 52-week high is ₹1,158.00.

Based on listing and post-listing performance, Route Mobile Ltd IPO delivered around 44.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Route Mobile Ltd IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Route Mobile Ltd IPO valuation snapshot: P/E 26.60, EPS ₹13.16, P/B N/A, RoNW 25.58%, and market cap N/A.

To apply for Route Mobile Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Route Mobile Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Route Mobile Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Route Mobile Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Route Mobile Ltd IPO allotment status on IPO Ji for quick and easy access.