Route Mobile IPO subscription will be the key for the IPO to list with good premium. As per the current speculations the GMP is going down from the high of 225 to 190 and it might further slip as the subscription from QIB and HNI not support but still we are very much positive that the IPO will list with premium. Route Mobile IPO subscribed 73.30x times, QIB 89.76x, HNI 192.81x and RII 12.67x times overall. Check out Route Mobile IPO allotment status online. You can check Route Mobile allotment via application number or pan card.
Route Mobile IPO Subscription Numbers
Route Mobile IPO Allotment & Listing Details:
Route Mobile IPO allotment date is 16 September 2020 but the allotment might come on 17 September 2020. As per the subscription numbers, the basis of allotment Route Mobile is around 10:1
| Route Mobile IPO Allotment Date | 17-Sept-20 |
| Route Mobile Listing Date | 21-Sept-20 |
| Route Mobile IPO Basis of Allotment | 10:1 |
Check Route Mobile IPO Allotment Here:
OR
Log on to https://ris.kfintech.com/ipostatus/
Note: Route Mobile IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.
Read Also:
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date
Route Mobile IPO Subscription Numbers
(Over Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.01x | 1.25x | 89.76x |
| HNI | 0.46x | 2.04x | 192.81x |
| RII | 1.80x | 6.71x | 12.67x |
| EMP | N/A | N/A | N/A |
| Total | 1.00x | 4.15x | 73.30x |
Route Mobile IPO Dates & Price Band: (Tentative)
| IPO Open: | 9 September 2020 |
| IPO Close: | 11 September 2020 |
| IPO Size: | Approx ₹600 Crores (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹345 – ₹350 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 1,71,42,856 Shares |
| Discount: | N/A |
Route Mobile IPO Market Lot:
| Lot Size: | Minimum 40 Shares & Maximum 560 Shares |
| Minimum Amount: | ₹14,000 |
| Maximum Amount: | ₹196,000 |
Route Mobile IPO Allotment & Listing:
| Basis of Allotment: | 16 September 2020 |
| Refunds: | 17 September 2020 |
| Credit to Demat Account: | 18 September 2020 |
| Listing Date: | 21 September 2020 |
Route Mobile IPO Allotment FAQs:
When is Route Mobile IPO Allotment Date?
Route Mobile IPO Allotment date is 16 September 2020.
What will be Route Mobile IPO Refund Date?
The IPO refund date is 17 September 2020.
What is the chance to get the Route Mobile IPO Allotment?
The IPO allotment is based of the subscription. In the Retail the IPO Subscribed around 10x times in retail as per the number of forms so the Basis of allotment is around 10:1.
How to check the Route Mobile IPO Allotment?
Check Route Mobile IPO allotment via your PAN number, the application number, or amount deducted in your bank.
