|Issue Date||09 Sep 2020 - 11 Sep 2020|
|Issue Size||₹350.00 Cr|
|Issue Price||₹345 - 350|
|Market Lot||40 Shares|
|Shares on Offer||6,500,000|
|GMP||₹125 - 130|
|Subject to Sauda||₹5000 - 5500|
|Listing Date||21 Sep 2020|
Route Mobile is a leading Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). Our range of enterprise communication services includes smart solutions in Messaging, Voice, Email, and SMS Filtering, Analytics & Monetization.
Since its inception in 2004, Route Mobile has been enhancing mobile communications through technology upgrades and product innovations; meeting the needs of a diverse clientele across geographies. Our customizable, user-friendly, and effective solutions enable enterprises and mobile operators to deliver efficient services to their customers.
Route Mobile’s vision is to connect the world through mobile technology, helping customers, partners and employees prosper locally as well as globally.
Sandip kumar Gupta and Rajdip kumar Gupta are the promoters of the company.
The objects of the offer are :
|Total Assets (In ₹ Millions)||1,594.40||1,237.02||840.25|
|Total Revenue (In ₹ Millions)||1,987.59||2,071.21||1,926.33|
|Profit After Tax (PAT) (In ₹ Millions)||109.43||519.44||292.36|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - 09 Sep||0.01||0.46||1.80||1.00|
|Day 2 - 10 Sep||1.25||2.04||6.71||4.15|
|Day 3 - 11 Sep||89.76||192.81||12.67||73.30|
Please click the link below to check the IPO allotment status.IPO Allotment Status
Route Mobile Ltd IPO will open on 09 Sep 2020 and close on 11 Sep 2020.
Route Mobile Ltd IPO will list on 21 Sep 2020.
The offer price of Route Mobile Ltd IPO is ₹345 - 350.
The lot size of Route Mobile Ltd IPO is 40.
The Grey Market Premium (GMP) price of Route Mobile Ltd IPO is ₹125 - 130.
The Kostak price of Route Mobile Ltd IPO is ₹450.
The Subject to Sauda price for Route Mobile Ltd IPO is ₹5000 - 5500.
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