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
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹345 – ₹350
Cut-off price₹350
Issue size₹600 Cr
Shares per lot40
Minimum application₹14,000
Minimum quantity40
Face value₹10
Listing exchanges—
ISININE450U01017
Bidding hours10:00 – 17:00 IST
Bidding window9 Sept 2020 – 11 Sept 2020
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.