ListedMainboardROUTE
Route Mobile Limited
Route Mobile Limited is a mainboard IPO raising ₹600 Cr at ₹345 – ₹350 a share. It listed on 21 Sept 2020 and trades at ₹549 today, +56.9% against its issue price of ₹350. It was subscribed 73× in total.
₹350
Issue price
₹549
Price now
+56.9%
Since issue price
21 Sept 2020
Listed on
73×Subscribed (final) · all exchanges
73.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 34,78,259 | 31,22,21,040 | 90× |
| Foreign Institutional Investors | no separate quota | 8,33,25,160 | n/a |
| Domestic Financial Institutions | no separate quota | 12,16,22,600 | n/a |
| Mutual funds | no separate quota | 1,33,42,240 | n/a |
| Others | no separate quota | 9,39,31,040 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 26,08,696 | 50,29,91,040 | 193× |
| Corporates | no separate quota | 8,73,43,760 | n/a |
| Individuals | no separate quota | 41,47,69,920 | n/a |
| Others | no separate quota | 8,77,360 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 60,86,957 | 7,71,29,000 | 13× |
| Cut Off | no separate quota | 6,00,11,120 | n/a |
| Price bids | no separate quota | 1,71,17,880 | n/a |
| Total | 1,21,73,912 | 89,23,41,080 | 73× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:26 pm IST.
How demand built
We hold no subscription readings for this issue.