Route Mobile IPO to List on 21st September on NSE and BSE

Route Mobile IPO to list on NSE and BSE on 21st September 2020, Monday at 10:00 AM. As the GMP is going up from a low of 110 to 250 last heard, we can expect another good listing for the Route Mobile after Happiest Minds listed at 111% premium this week. Route Mobile IPO subscribed 73.30x times, QIB 89.76x, HNI 192.81x and RII 12.67x times overall. Lets see how it will perform on the listing day.

Update: Route Mobile IPO Listed at 105% Premium, IPO Listed at ₹717 on NSE and at ₹708 on BSE.

Route Mobile IPO Listing Price: Live Quote

Details BSE Listing NSE Listing
Listing Price
₹708.00
₹717.00
High Price
₹735.00
₹735.00
Low Price
₹625.00
₹625.00
Close Price
₹651.10
₹651.30

BSE Notice of Listing: Click Here

Route Mobile Logo
BSE Code 543228
NSE Code ROUTE
Group B
ISIN No INE450U01017
Offer Price ₹350
Face Value ₹10
Listing Date 21 September 2020, Monday

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 FAQs:

When is Route Mobile IPO Listing Date?
Route Mobile IPO listing date is 21st September 2020.
What will be Route Mobile IPO Listing Price
The IPO might list at ₹550-₹600 as per the market speculations
Will Route Mobile will list on NSE and BSE?
Yes, The IPO to list on NSE and BSE both the indices.
What is a BSE and NSE Code for the Route Mobile IPO?
The BSE Code is 543228 while NSE Code is ROUTE.
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