ROUTE MOBILE LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO ROUTE MOBILE LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Route Mobile Ltd.

Route Mobile Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹350
₹350
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹350
Based on GMP
Min. Investment
₹14,000
1 lot × 40 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
09 Sep 2020
Close Date
11 Sep 2020
Allotment
16 Sep 2020
Listing Date
21 Sep 2020
Exchange
NSE & BSE
Price Band
₹350
Listing Price
See chart
Allotment Status
Price Band
₹350
Per share
Face Value
₹10 per share
 
Lot Size
40 Shares
per lot
Issue Size
1,71,42,856 shares (aggregating up to ₹600.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,000
1 lot
Pre-IPO Holding
5,00,00,000 shares
Promoters
Post-IPO Holding
5,68,57,142 shares
Promoters
UPI Deadline
2020-09-11
Mandate
Anchor AllotmentTue, 08 Sep 2020
Basis of AllotmentWed, 16 Sep 2020
Refund InitiationThu, 17 Sep 2020
Demat CreditFri, 18 Sep 2020
Listing DayMon, 21 Sep 2020
UPI Mandate Deadline2020-09-11
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares68,57,142 shares (aggregating up to ₹240.00 Cr)
Offer for Sale1,02,85,714 shares of ₹10 (aggregating up to ₹360.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Route Mobile Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Sep 2020.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
17,142,856
100% ₹600.00
IPO Shares Offered
Route Mobile Ltd. IPO total issue size: ₹600.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 17,142,856 ₹600.00
100.00%
* Based on upper price band ₹350 per share
Lot Size & Investment
Lot Size
40
Shares per Lot
Issue Price
₹350.00
Upper Band
Min Investment
₹14,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)280₹28,000
Retail (Max — 14 Lots)14560₹196,000
S-HNI (Min — 15 Lots)15600₹210,000
B-HNI (Min — 72 Lots)722,880₹1,008,000
* Issue Price ₹350 × Lot Size 40 shares
IPO Schedule
Anchor
08 Sep 2020
✓ Done
IPO Open
09 Sep 2020
✓ Done
IPO Close
11 Sep 2020
✓ Done
Allotment
16 Sep 2020
✓ Done
Refunds
17 Sep 2020
✓ Done
Demat Credit
18 Sep 2020
✓ Done
Listing Day
21 Sep 2020
✓ Done
Route Mobile Ltd. — Live Price LIVE
₹350.00
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Issue ₹350.00 Live Price
About Route Mobile Ltd.
Incorporated in 2004, Route Mobile Limited is among the leading Communications Platform as a Service (CPaaS) provider and a tier-one application-to-peer (A2P) service provider. Its enterprise communication services include new age solutions in Messaging, Voice, Email, and SMS Filtering, Analytics & Monetization. The company operates in 3 business verticals: 1. Enterprise: The Company provides a cloud-communication platform as a service to enterprises, over-the-top players, and mobile network operators around the world. 2. Mobile Operator: Services in this segment include SMS analytics, firewall, filtering, monetization, and hubbing solutions. 3. Business Process Outsourcing (BPO): The Company provides a range of BPO services including client support, technical support, booking, and collection services. The company's clients include some of the world's largest organizations, including several Fortune Global 500 companies.Key Facts (As of June 2020):- 318 Employees - 18 locations across Africa, Asia Pacific, Europe, the Middle East, and North America. - Served 30150+ clients globally - 2.5+ Billion Messages per month in fiscal 2020 - 31+ Billion Billable transactions in fiscal 2020 - 800+ Network Operators - 240+ Direct Connections or "Super Networks" - 6 Strategically Located Data Centers. - 4 Short Message Service Centers Competitive Strengths 1. Leading cloud communications service provider offering CPaaS. 2. Omnichannel Platform for easy campaign scheduling and reporting. 3. Easy to use the console to plan, deploy & monitor campaigns. 4. Global & Local customization expertise. 5. Consultative and Lean approach for better customer engagement.
Objects of the Issue
1
1 Repayment or pre-payment, in full or part, of certain borrowings of our Company
2
2 Acquisitions and other strategic initiatives
3
3 Purchase of office premises in Mumbai
4
4 General corporate purposes
Route Mobile Ltd. Financials (Amount In Crore)
Revenue from Operations
₹852.4
31-Mar-19
₹968.1
31-Mar-20
₹312.3
30-June-20
Profit After Tax (PAT)
₹54.5
31-Mar-19
₹69.1
31-Mar-20
₹26.9
30-June-20
Particulars30-June-2031-Mar-2031-Mar-19
Revenue from Operations 312.30 968.10 852.38
EBITDA N/A N/A N/A
Profit After Tax (PAT) 26.93 69.10 54.53
Net Worth N/A N/A N/A
Total Assets 634.83 626.55 505.78
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,71,42,856 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding5,00,00,000 shares
Post-Issue Promoter Holding5,68,57,142 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
Edelweiss Financial Services Ltd.
ICICI Securities Ltd.
IDBI Capital Markets Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Route Mobile Ltd. IPO subscribed?

Route Mobile Ltd. IPO is subscribed 1.00 times by Sep 11, 2020. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Route Mobile Ltd. IPO retail subscription status?

The Route Mobile Ltd. IPO retail category is subscribed 1.00 times as of 11 Sep 2020. The retail portion is oversubscribed.

How to subscribe Route Mobile Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 09 Sep 2020 and closes 11 Sep 2020. Min investment: ₹14,000 (1 lot = 40 shares). UPI mandate: 2020-09-11.

How many times Route Mobile Ltd. IPO subscribed?

The Route Mobile Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Route Mobile Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Sep 2020. Refunds: on 17 Sep 2020.

When Route Mobile Ltd. IPO will be listed?

The Route Mobile Ltd. IPO listing date is 21 Sep 2020, Monday. Listed on: NSE & BSE. Issue price: ₹350. Estimated listing: ₹350. GMP: NIL.

When Route Mobile Ltd. IPO close?

The Route Mobile Ltd. IPO closes on 11 Sep 2020, Friday. UPI mandate: 2020-09-11. Allotment: 16 Sep 2020. Listing: 21 Sep 2020.