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Route Mobile IPO Subscription Numbers & Status Details

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Route Mobile IPO to hit the market on 09 September 2020 and closes on 11 September 2020. This is the 2nd IPO in September month and it looks great as well with the GMP is going superbly. The things are looking positive for primary market as companies are coming with IPOs. When look at the market estimates the IPO might be subscribed over 350 times in HNI and over 8-10 times in retail. Let’s see how it will come up. Check Route Mobile IPO GMP day by day.

Latest Update: Route Mobile IPO subscribed 73.30x times, QIB 89.76x, HNI 192.81x and RII 12.67x times overall.

Route Mobile IPO Date, Review, Price Band, Form & Market Lot Details

Route Mobile IPO Subscription Numbers
(Over Subscribed)

CategoryDay 1Day 2Day 3
QIB0.01x1.25x89.76x
HNI0.46x2.04x192.81x
RII1.80x6.71x12.67x
EMPN/AN/AN/A
Total1.00x4.15x73.30x

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
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