Route Mobile Limited

Route Mobile Limited

MainboardClosed

₹14,000(40 Shares)

Minimum Investment

IPO Dates

Sep 9, 2020 – Sep 11, 2020

Price Band

₹345–350 per equity share

Lot Size

40

Listing

Sep 21, 2020

Listing At

BSE, NSE

Sep 9, 2020Open DateCompleted
Sep 11, 2020Close DateCompleted
TBAAllotment DateUpcoming
Sep 21, 2020Listing DateCompleted

Route Mobile Limited Live Subscription Details

All IPOs
QIB89.76x
Retail12.67x
NIIs
192.81x

Overall Subscription

Total Bids Received

73.30x

Route Mobile Limited IPO Issue Details

Issue Price
₹345 to ₹350 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Sep 21, 2020

Company Information

Valuations

RoNW

25.58%

Financial Information (₹ in Crores)

MetricFY 20FY 20FY 19FY 18
Total Assets634.83626.54505.78447.36
Total Revenue312.29968.1852.37509.48
Profit After Tax26.9369.154.5346.67
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Offer 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.
  2. 2Fresh 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 Details

Route Mobile Limited IPO Documents

Frequently Asked Questions — Route Mobile Limited IPO

The Route Mobile Limited IPO price band is set at ₹345.00 to ₹350.00 per equity share.

The lot size for Route Mobile Limited IPO is 40 shares per lot. The minimum investment amount is approximately ₹14,000.

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

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

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