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Route Mobile IPO

Open 9th Sep 2020 · Close 11th Sep 2020 · Listing 21st Sep 2020

Verified 2026-09-1994% data coverage
Issue Price₹350.00
Listing Price₹717.00
Current Price—
Listing Gain104.86%
Current Return—

At a glance

Updated 2026-09-19

The shares listed at ₹717.00, a 104.86% move from the issue price. Route Mobile is a Mainboard IPO with an issue size of ₹600.00 crore, proposed for listing on BSE, NSE. The offer opens on 9th Sep 2020 and closes on 11th Sep 2020. The issue structure includes a fresh issue of ₹240.00 crore and an offer-for-sale component of ₹360.00 crore. The current listing schedule points to 21st Sep 2020.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹600.00 Cr
Fresh issue₹240.00 Cr
Offer for sale₹360.00 Cr
Face value₹10
Price band₹345.00–₹350.00
Allotment16th Sep 2020
Listing21st Sep 2020

Listing performance

Full performance ↗
Issue price₹350.00
Listing price₹717.00
Current price—
Listing gain104.86%
Current return—
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹310.00
GMP / upper price88.57%
Est. listing₹660.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens9th Sep 2020
Closes11th Sep 2020
Allotment16th Sep 2020
Refund17th Sep 2020
Demat18th Sep 2020
Listing21st Sep 2020

Subscription demand

Full bidding ↗
Total74.36×

Lot size

InvestorLotsSharesAmount
Minimum Bid140₹14,000

Company

Incorporated2004

Use of proceeds

ObjectAmount
Repayment or pre-payment, in full or part, of certain borrowings of our Company₹36.50 Cr
Acquisitions and other strategic initiatives₹47.50 Cr
Purchase of office premises in Mumbai₹65.00 Cr
General corporate purposes₹38.59 Cr

Financial performance

Year-wise operating scale, profitability and balance-sheet context.
Full financials ↗
Assets447.36₹ Cr
Net Worth160.19₹ Cr

30-Jun-20

Assets447.36
Net Worth160.19
Total Debt81.34
RevenueAnnualised basis509.48
EBITDAAnnualised basis80.12
PATAnnualised basis46.60

KPIs

KPIIssue ExpensesEst Amt (₹ Cr.)
1BRLMs fees and commissions (including underwriting commission, brokerage and sellingcommission)20.95
2Commission/processing fee for SCSBs and Bankersto the Offerand fee payable to the Sponsor Bank forBids made by RIBs using UPI1.73
3Brokerage and selling commission and biddingcharges for Members of the Syndicate, Registered Brokers, RTAs and CDPs1.32
4Fees payable to the Registrar to the Offer0.18
5Listing fees, SEBI filing fees, upload fees, BSEandNSE processing fees, book building softwarefees and other regulatory expenses3.18
6Printing and stationery2
7Advertising and marketing expenses5.05
8Fee payable to legal counsels2.71
9Miscellaneous4.76

Valuation & shareholding

Post-IPO P/E.

Peer comparison

CompanyEPSP/ERoNWNAV
Route Mobile IPO—18.47 x——
Amagi Media IPO—603.54 x——
Excelsoft Technologies IPO—57.46 x——
Capillary Technologies IPO—2214.95 x——

Issue expenses

ExpenseAmount
BRLMs fees and commissions (including underwriting commission, brokerage and sellingcommission)₹20.95 Cr
Commission/processing fee for SCSBs and Bankersto the Offerand fee payable to the Sponsor Bank forBids made by RIBs using UPI₹1.73 Cr
Brokerage and selling commission and biddingcharges for Members of the Syndicate, Registered Brokers, RTAs and CDPs₹1.32 Cr
Fees payable to the Registrar to the Offer₹0.18 Cr
Listing fees, SEBI filing fees, upload fees, BSEandNSE processing fees, book building softwarefees and other regulatory expenses₹3.18 Cr
Printing and stationery₹2.00 Cr
Advertising and marketing expenses₹5.05 Cr
Fee payable to legal counsels₹2.71 Cr
Miscellaneous₹4.76 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • ICICI Securities Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-19.
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