Equity Shares outstanding prior to the Issue = 5,00,00,000 Shares
Fresh Issue of 68,57,142 Shares @350/- = Rs.240.00Crs
Offer for Sale of 1,02,85,714 Shares @350/- = Rs.360Crs
Equity Shares outstanding after the Issue = 5,68,57,142 Shares
Category-wise Break up:
Anchor – 51,42,857 Shares = 180.00Crs
QIB – 34,28,571 Shares = 120.00Crs
NII – 25,71,428 Shares = 90.00Crs
RII – 60,00,000 Shares = 210.00Crs (Lot size: 42 = 1,42,857 Forms)
Total Issue – 1,71,42,856 Shares = 600.00Crs.
Subscription required for 1X
RII = 1,42,857 Forms
NII = 90.00 Crs
Route Mobile IPO Review:
- Subscribe for Short Term and Long Term View
Brokerage Firm IPO Review:
- Angel Broking: Subscribe
- Ashika Research: Subscribe
- Capital Market: Subscribe
- Choice Equity Broking: Subscribe
- Dealmoney Securities: Subscribe
- Hem Securities: Subscribe
- Motilal Oswal: Subscribe
- Religare: Subscribe for Long Term
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 Form:
How to apply the Route Mobile IPO? You can apply Route Mobile IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Route Mobile IPO in the Invest section. The other option you can apply Route Mobile IPO via IPO forms download via NSE and BSE. Check out the Route Mobile IPO forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Route Mobile Financial:
| ₹ in Crore | |||||
| Revenue | Expense | PAT | |||
| 2017 | – | – | – | ||
| 2018 | 510 | 453 | 49.50 | ||
| 2019 | 852 | 787 | 58.80 | ||
| 2020 | 968 | 884 | 74.80 | ||
| 2021 Q1 | 312 | 279 | 26.50 | ||
Company Promoters:
- Sandipkumar Gupta
- Rajdipkumar Gupta
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus
Route Mobile IPO Registrar:
Note: Check Route Mobile IPO allotment status on KFintech website allotment URL. Click Here
Route Mobile IPO Lead Managers:
- Motilal Oswal Investment Advisors Limited
- IDBI Capital Markets & Securities Limited
- YES Securities (India) Limited
Company Address:
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Route Mobile IPO FAQs:
Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)
