ListedSMEPaper & Paper ProductsEXIMROUTES

Exim Routes IPO

Exim Routes IPO is an SME IPO raising ₹43 Cr at ₹83 – ₹88 a share. It listed on 19 Dec 2025 at ₹110, +25.0% against its issue price of ₹88, and trades at ₹106 today (+20.4% since issue). It was subscribed 11× in total.

88
Issue price
106
Price now
+20.4%
Since issue price
19 Dec 2025
Listed on
11×Subscribed (final) · all exchanges

10.7 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹83 – ₹88
Cut-off price₹88
Issue size₹43 Cr
Shares per lot1600
Minimum application₹1,40,800
Minimum quantity3200
Face value₹5
Listing exchangesNSE
ISININE19I001020
Bidding hours10:00 – 17:00 IST
Bidding window12 Dec 2025 – 16 Dec 2025
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.