Route Mobile IPO

Route Mobile IPO - IPO details, Price Band, Listing day, IPO Subscription, Balancesheet, Open Date


Route Mobile IPO subscription open Date is September 09, 2020 and close Date is September 11, 2020. Whereas, You can check Allotment on September 16, 2020.

Route Mobile IPO Details

Open Date09-Sep-2020
Close Date11-Sep-2020
Minimum Quantity (Market Lot)40 Shares
Share Price345 – 350 Rs. Per Equity Share
Listing Date21-Sep-2020

Route Mobile IPO Date

Opening Date09-Sep-2020
Closing Date11-Sep-2020
Allotment Finalisation16-Sep-2020
Refund (From ASBA Account)17-Sep-2020
Share Transfer To Demat Account18-Sep-2020
Listing Date21-Sep-2020

Route Mobile IPO Subscription Status

DateQIB (x)NII (x)Retail (x)Total (x)
09-Sep-20200.010.461.801.00
10-Sep-20201.252.046.714.15
11-Sep-202089.76192.8112.6773.30

On the last day of Route Mobile IPO bidding, IPO get oversubscribed by 73.30 times. 
QIB segment – 89.76x
NII segment – 192.81x
Retail segment – 12.67x

Route Mobile IPO Listing Gains Details

IPO Listing Day DetailsNSEBSE
IPO Listing Date21-Sep-202021-Sep-2020
IPO Cutoff Price350 Rs. Per Equity Share350 Rs. Per Equity Share
IPO Listing Price717.00 Rs.708.00 Rs.
Listing Gains (%)104.85 %102.28 %
Listing Gains / Per Equity Shares367.00 Rs.358.00 Rs.
Closing Price651.30 Rs.651.10 Rs.
Day High735.00 Rs.735.00 Rs.
Day Low625.00 Rs.625.00 Rs.

Route Mobile Share

IPO Issue Size17,391,303 Shares
Fresh Issue[●] Shares
Offer For Sale[●] Shares
Exchange ListingNSE, BSE

Route Mobile Limited Review

Company sectorIT – Software
Promoters Name1. Sandipkumar Gupta
2. Rajdipkumar Gupta
Promoter Shareholding Pattern (Pre Issue)96 %
Promoter Shareholding Pattern (Post Issue)66.33 %

Route Mobile Balancesheet

Date30-Jun-2031-Mar-2031-Mar-1931-Mar-18
Total Assets / Equity & Liabilities6,348.316,265.485,057.814,473.66
Total Income3,122.959,681.028,523.775,094.85
Total Expense2,790.098,839.827,873.744,529.91
Restated Profit After tax (PAT)269.34691.02545.32466.77
  • As At / For the year or period ended (₹ in Million)

Route Mobile Peers & Competitors

  • There are no listed companies in India that engage in a business similar to that of Route Mobile. Accordingly, it is not possible to provide an industry comparison in relation to Route Mobile.

Route Mobile IPO GMP (Grey Market Premium)

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