Exim Routes IPO Subscribed 1.13x on Day 2

Exim Routes IPO subscription started on Friday, December 12, 2025, and will close on December 16, 2025, as per the schedule. The price band is set at ₹83 to ₹88 per share with a face value of ₹5.

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Exim Routes IPO Subscription Status 

Exim Routes IPO subscribed over 1.13x on its second day till 5.00 PM on December 15, 2025. 

  • Exim Routes IPO subscription QIB investors’ portion is 0.00 times, while NII subscribed 2.64 times, and RII investors subscribed 1.12 times. 
  • The company has received bids for 37,36,000 shares against 33,08,800 shares on offer on the second day of subscription. 
  • Exim Routes IPO subscribed over 1.13x on its day 2. 
  • Exim Routes IPO subscribed over 0.51x on its day 1. 

About Exim Routes Company 

Exim Routes Limited has been one of the leading companies since its establishment in April 2019. The company has been working to help Indian Paper Mills by providing them with recyclable paper, ensuring quality, and handling logistics. Its recycling papers include white grades (like office paper and tissue), brown grades (like OCC and mixed paper), and mechanical grades (like newspapers and magazines). 

To run its business smoothly, the company has created the Exim Routes Intelligence System (ERIS), an AI-powered B2B platform that handles 4 main functions, which are offer matching, market intelligence, customer enablement, and logistics integration. ERIS manages 100+ international yards and 50+ Indian mills across 15+ countries. Moreover, the company includes 18 employees as of June 30, 2025.

Exim Routes IPO GMP: 

Exim Routes IPO GMP was ₹0 as of Monday, December 15, 2025. That indicates the IPO is trading at ₹88 with a ₹0 premium in the grey market against the issue price of ₹88.  

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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