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IPO Snapshot
Route Mobile Ltd.
Issue Open Date 09-Sep-20  
Issue Closing Date 11-Sep-20  
Application Money 100  
Allotment Money  
Price Band 345 - 350  
Minimum Bid Quantity. 40  
Issue Size (Shares) 17391303  
Market Lot 1  
Objective :
1. Repayment or pre-payment, in full or part, of certain borrowings of our Company;2. Acquisitions and other strategic initiatives;3. Purchase of office premises in Mumbai; and4. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2608696   502991040   192.81  
Qualified Institutional Buyers   3478259   312221040   89.76  
Retail Individual Investors   3478259   312221040   89.76  
Business Description
Promoter's Holding
Total Share Capital   48000000  
Offered to Public   17391303  
Promoter's Holding (Pre-Issue)   96  
Promoter's Holding (Post-Issue)   66.33  
4th Dimension
3rd Floor
Mind Space
Malad (West)
Mumbai ,
Maharashtra ,
Phone : 022-40337676
Email : sandip@routemobile.com/investors@routemobile.com
Website : www.routemobile.com
K FIN Technologies Pvt Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Financial District
Listed at
Lead Manager
Axis Capital Ltd.
Edelweiss Financial Services Ltd
ICICI Securities Ltd
IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)
Rajdipkumar Gupta
Sandipkumar Gupta