route mobile ipo listing price

Route Mobile IPO Review IPO Details. The Rs 600 crore Route Mobile initial public offer (IPO) is all set to hit the primary market on Wednesday. route mobile limited . The omnichannel cloud communication service provider has fixed the price band for the issue at Rs … The issue, which was sold in the price band of Rs 345-350 between September 9 and 11, is commanding a premium of Rs 310-312 in the grey market. Route mobile provides cloud-communication platform as a service to enterprises, over-the-top players and mobile network operators (MNO). Here is the financial performance of the company in the last few years. The issue, which was … We are here to share information about upcoming ipos, grey market premium, ipo subscription numbers, sme ipos and other vital information which can give a investors a brief on which they can decide about the subscription of the ipo. The company has kept a price band of Rs 345–350 for the IPO. Detailed Analysis of Route Mobile IPO including About the Company,Price band, Date, Expected Listing Price, Financials, Shareholding, Review,etc. Issue Type. Route Mobile IPO description – Route Mobile offers cloud-communication platform as a service (CPaaS) to enterprises, over-the-top (OTT) players and mobile network operators (MNOs).The … Price range for the offer was Rs 345-350 per share. Route Mobile Limited IPO Incorporated in 2004, Mumbai-based Route Mobile Limited is a leading cloud-communication platform service provider that is offering over the top (OTT), mobile networking, and business process outsourcing (BPO) services. Book Built Issue IPO. As per the current speculations the GMP is going down from the high of 225 to 190 and it might further slip as the subscription from QIB and HNI not support but still we are very much positive that the IPO … The company proposes to raise Rs 600 crore through the IPO which comprises fresh issue of shares worth Rs 240 crore and an offer for sale (OFS) of Rs 360 crore by promoters -- Y Sandipkumar Gupta and Rajdipkumar Gupta. Updated: 21 Sep 2020, 10:02 AM IST Edited By Surajit Dasgupta. Route Mobile Share: The IPO was subscribed 73.30 times, receiving bids for more than 89 crore shares as against the total issue size of 1,21 crore shares, as per data available on the stock … According to the ROCCO Report 2020, they have ranked as a tier one application-to-peer service provider internationally. Route Mobile IPO will include a public issue of 1.71 crore equity shares of Face value Rs 10 each, comprising a fresh issue of 68.57 lakh equity shares. 3) Its revenues come through a limited number of clients. What is the Initial Public Offering size of Route Mobile? Chemcon Speciality Chemicals, Happiest Minds and Route Mobile doubled the shareholder value at the open price on their listing day. Is this IPO good or bad? What are the risk factors you should consider before investing in this Route Mobile IPO? On the NSE, it opened at Rs 717, a massive 104.9 percent premium over IPO price. Route Mobile IPO opens with 105% premium at Rs 708 per share Shares of Route Mobile, the cloud communication services provider made a strong debut on exchanges on Monday as … Route Mobile IPO listing date is 21 September 2020. A) Offer for Sale (OFS) for Rs 240 Crores: The object of the Offer for Sale is to allow the selling shareholders to sell equity shares held by them. Route Mobile IPO Subscription Details (Day by Day) Route Mobile IPO subscribed 73.30 times.Route Mobile IPO received bids for 12.67 times issue size in retail, 89.76 times issue size in QIB, and 192.81 times issue size in the Non-institutional category by Sep 11, 2020 17:00. For last 3 years EPS of Rs 12.2, P/E ratio is 28.5x. The stock is proposed to be listed on the BSE and the NSE. Route Mobile will launch IPO offers in the second week of September. Stock of Route Mobile listed at a premium of 102.28% above its IPO issue price … Route Mobile IPO would open for subscription on September 9, 2020. Further, they were ranked second globally as a tier one A2P service provider in 2017. Route mobile is a niche player that provides cloud-communication platform as a service to enterprises, over-the-top players and mobile network operators. Route Mobile Initial public Offering listing date is 09 September 2020 and the last day for applying is 11 Sept 2020. 2) Its business depends on the success of their relationship with mobile network operations. Cloud communication company Route Mobile IPO will open on September 9. The company has kept a price band of Rs 345–350 for the IPO. Issue Size. Out of these, Happiest Minds was the only debutant to gain over 100 percent at the close on listing day. What is the date of the Route Mobile IPO listing? Route Mobile IPO Review, Dates, Price Bands, Market Lot, Route Mobile IPO Grey Market Price Details. If you like our IPO analysis, please share it with your friends through email, on Facebook or on Twitter. The company has offered 600 crore initial public offering with an amazing 73.3 percent subscription during September 9 to 11 and the price … The IPO to list on NSE and BSE. 2) Company revenues shown consistent growth in the last 3 years. It also captures the … Route … Route Mobile IPO subscription will be the key for the IPO to list with good premium. The omnichannel cloud communication service provider has fixed the … The issue is priced at ₹345 to ₹350 per equity share. 200 Good Small Scale Business Ideas with Low Investment, ICICI Direct, Axis Capital, Edelweiss Financial Services and IDBI Capital markets, Unblocking of ABSA and Initiation of Refunds, Repayment or pre-payment, in full or part, of certain borrowings, Acquisitions and other strategic initiatives. However, its margins are on declining mode. Considering NICHE player in the segment, high risk investors can invest in such IPOs for short term to long term. Route Mobile IPO listing date is 21st September 2020. Apply : The company has novel business and with its past track record, the IPO is expected to get strong listing. general risk . The omnichannel cloud communication service provider has fixed the price band for the issue at Rs 345-Rs 350 per share. Route Mobile IPO Valuation On the upper price band of Rs 350 and EPS of Rs 13.8 for FY20, the P/E ratio works out to be 25.3x. Menu. Route Mobile IPO issue open date is 9th September 2020 and close date is 11th September 2020. route mobile limited ... initial public offering of up to [ ] equity shares of face value ` 10 each (“equity shares”) of our company for cash at a price of ` [ ] per equity share including a premium of ` [ ] per equity share (“offer price”), aggregating up to ` 6,000.00 million (“offer”). Also read: Happiest Minds IPO is medium to long term bet. Route Mobile IPO – Invest for short term to long term. Route Mobile – which offers cloud-communication platform as a service (CPaaS) to enterprises, over-the-top (OTT) players and mobile network operators (MNOs) – will be second mainboard IPO in September. Route Mobile IPO: Latest IPO News, Upcoming IPO List, Route Mobile IPO Grey Market Premium, Route Mobile IPO GMP, Route Mobile IPO Subscription Status, Route Mobile IPO Review | Initial Public Offering ... IPO Closes on: 11 September 2020 Price … 5) Its clients can misuse its platform and send unauthorized SMS messages in violation of TRAI regulations. Route Mobile IPO Subscription Details (Day by Day) Route Mobile IPO subscribed 73.30 times.Route Mobile IPO received bids for 12.67 times issue size in retail, 89.76 times issue … Route Mobile IPO - Open & Listing Date, Price, News, DRHP, RHP , Subscription, Allotment and GMP. Issue Type. The ₹ 600 crore offer will conclude on September 11. The company’s clients include some of the world’s largest organizations, including several Fortune Global 500 companies. For last 3 years EPS of Rs 12.2, P/E ratio is 28.5x. For the 3 months ended June, 2020, the EPS of Rs 5.42, P/E works to be around 16.1x. RailTel IPO Date, Review, Price Band, Form & Market Lot Details, Burger King IPO Date, Review, Price Band, Form & Market Lot Details, Burger King IPO GMP Today, Burger King IPO Grey Market Premium Updates, Burger King IPO Listing on 14th December on NSE and BSE, IRFC IPO GMP Today, IRFC IPO Grey Market Premium Updates. Route Mobile IPO. We would review all these aspects in this article. The initial public offer (IPO) of Route Mobile, a cloud communications service provider, opens for public subscription today. IPO Date. What is the Subject to Sauda price for Route Mobile Ltd IPO? Join Route Mobile IPO discussion here. Apply with full force. Google Task Mate App - How to earn money online with Simple Tasks? The cloud communications service provider Route Mobile debuted on the stock exchanges with a strong listing of 102 percent at Rs 708 on the BSE, over its issue price of Rs 350. Its EPS for the 3 months ended June, 2020 is Rs 5.42. Route Mobile IPO P/E Valuation On the upper price band of Rs 350 and EPS of Rs 13.8 for FY20, the P/E ratio works out to be 25.3x. Route Mobile is offering shares at a price band of ₹ 345-350 apiece. Route Mobile IPO to List on 21st September on NSE and BSE, Mrs. Bectors Food IPO Date, Review, Price Band, Form & Market Lot Details, Mrs. Bectors Food IPO GMP Today, Mrs. Bectors Food IPO Grey Market Premium Updates, Antony Waste IPO Date, Review, Price Band, Form & Market Lot Details, IRFC IPO Date, Review, Price Band, Form & Market Lot Details. The IPO comprises of fresh issue of Rs 240 crore and an offer for sale of Rs 360 crore. Route Mobile Share: The IPO was subscribed 73.30 times, receiving bids for more than 89 crore shares as against the total issue size of 1,21 crore … However, considering latest nos of FY20 and June-20, P/E at 16x to 25x can be considered as fully priced. Net Proceeds are proposed to be utilized in the following manner: Mr Sandipkumar Gupta and Mr Rajdipkumar Gupta are the promoters of Route mobile. Mrs. Bectors Food IPO Subscription Numbers & Status - Should you subscribe? the … Your email address will not be published. The total IPO size is approx Rs ₹600 crore. The IPO of Route Mobile was priced at Rs 350 per share and it got listed at a price of Rs 717 on the National Stock Exchange (NSE), which was a 105 percent rise. Also read: CAMS mops up Rs 667 crore from anchor investors Route Mobile IPO will include a public issue of 1.71 crore equity shares of Face value Rs 10 each, comprising a fresh issue of 68.57 lakh equity shares. The IPO page of Route Mobile Ltd. captures the details on its Issue Open Date, Issue Close Date, Listing Date, Face Value, Price band, Issue Size, Issue Type, and Listing Date's Open Price, High Price, Low Price, Close price and Volume. There are no listed peers to compare whether the Route Mobile IPO Price is under priced or overpriced. Before heading into the IPO subscription, Route Mobile had raised Rs 180 crore from 15 anchor investors. Route Mobile IPO – Details, Price and Valuations – How good is this IPO? of ₹ ... will be traded after listing. The Subject to Sauda price for Route Mobile Ltd IPO is Rs.5000 - 5500. The price band for Route Mobile is Rs 350 to Rs 370. Your email address will not be published. The shares of Route Mobile … Route Mobile Ltd IPO - Visit Edelweiss to view Route Mobile Ltd IPO allotment, status, price, listing date, subscription status, financial performance, size & company information. The Rs 600 crore Route Mobile IPO received 73.30 times bids on the final day of the bidding process. Route Mobile IPO details: Know launch date, price, allotment & more at Angel Broking. Route Mobile Initial Public Offer: The offer IPO will be open for three trading days, from September 9 to September 11, at a price band of Rs 345-350 per share. IPO Date. Its issue price is fully priced. Route Mobile made a strong debut on the bourses on Monday, surging 105% over its initial public offer (IPO) price. Route Mobile IPO Grey Market Premium The Route Mobile Limited IPO Grey Market Premium price is Rs 190-200, the Kostak rate is Rs 700 and the Subject to Sauda is 4000. I love doing analysis on various Best Investment Plans like mutual funds, Stocks, IPO’s, NCD Bonds, Insurance products. Route Mobile IPO Details. Route Mobile revenues are consistently growing. Best Investment Plans in India and Money Saving Ideas, Route Mobile IPO – Details, Price and Valuations – Review. NEW DELHI: After Happiest Minds ' stellar 111 per cent listing gains, Route Mobile is likely to follow suit, with grey market trends suggesting a strong debut on Monday. New Delhi: Route Mobile shares made a strong debut on Dalal Street on Monday (September 21) with its shares rising as much as 110% to Rs 735 on the BSE as compared to its issue price of Rs 350 per shares.As of 1:05 am, Route Mobile shares traded 93.91% higher at Rs 678.70 apiece. Sep 9, 2020 - Sep 11, 2020. Should you invest in Route Mobile IPO? The shares got listed at an 11 per cent premium from the IPO price. Issue Size. On the upper price band of Rs 350 and EPS of Rs 13.8 for FY20, the P/E ratio works out to be 25.3x. of face value ₹ 10 each (“equity shares”) of our company for cash at a price of ₹ 350.00 per equity share including a premium . This is India’s fourth IPO since the Covid-19 pandemic disrupted the economy, following Rossari Biotech Ltd., Mindspace Business Parks REIT Ltd. and the Happiest Minds Technologies Ltd. Route Mobile plans to raise Rs 600 crore by selling up to 1.71 crore shares at Rs 345-350 apiece, according to its red herring prospectus. 2) Mobile Operator: company provides services in this segment that include SMS analytics, firewall, filtering, monetization, and hubbing solutions. Required fields are marked *. The company will not receive any proceeds from OFS. ... Route Mobile IPO opens on Sept 9; price band set at Rs 345-350 Sunil Matkar. Route Mobile IPO size is Rs 600 crore. QIB portion is oversubscribed by … Route Mobile provides these unique services and there are no comparable peers in this market (as per DRHP). After the dry spell of nearly four months, the Indian IPO market is gaining momentum again. Listing Estimate of Route Mobile ltd. IPO of Route Mobile received very strong response from the retail investors as well as High networth investors. Markets Guruji . me, have written 1800+ articles on this Blog. Yes, The IPO to list on NSE and BSE both the indices. Burger King IPO – Loss making + Hit with Pandemic effect – Should you subscribe then? Want to invest in fund that generated 22% returns in 1 year, try this fund, Antony Waste IPO – Date, Issue Price Band, GMP, Review, Analysis and Details. Route mobile IPO price band. The lot size for Route Mobile IPO … Google Task Mate App – How to earn money online with Simple Tasks? Route Mobile is a cloud communication service provider which has come up with an IPO to raise INR 600 crore from the equity markets. 1,71,42,857 Eq Shares of Rs 10 (aggregating up to Rs 600.00 Cr) Route Mobile IPO Details. Rossari Biotech ended the IPO hiatus in July, being the first company to float IPO offers amid the lockdown. The Rs 600 crore Route Mobile initial public offer (IPO) is all set to hit the primary market on Wednesday. ... initial public offering of 17,142,856* equity shares . 1,71,42,857 Eq Shares of Rs 10 (aggregating up to Rs 600.00 Cr) Suresh KP i.e. Route Mobile IPO is scheduled to open on 9 September, following the public offer of Happiest Minds which got fully subscribed on the first day. For extensive information about the company like promoters, financial data download the report now. The shares got listed at an 11 per cent premium from the IPO price. 1) Route mobiles profits are on declining mode. The initial public offer IPO of Route Mobile received bids 14.48 times the issue size so far on the final day of bidding. Zee Business Managing Editor Anil Singhvi had earlier predicted strong listing gains for the investors saying that the investors in this IPO should expect gains on similar lines as seen in Happiest Mind Technologies. Similarly, Route Mobile shares skyrocketed on stock market debut day and were listed at 105 per cent premium. The … A Team with enough knowledge of ipo industry and stock market. For the 3 months … Similarly, Route Mobile shares skyrocketed on stock market debut day and were listed at 105 per cent premium. Sep 9, 2020 - Sep 11, 2020. 4) It relies on 3rd party technology systems and Infrastructure where defects, delays and failures can adversely affect its business. The Most Visited Website For IPOs in India. The price band is fixed from Rs 345-350 per share and minimum lot size is 40 shares. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Route mobiles operate in 3 business verticals as indicated below: 1) Enterprise: Company provides a cloud-communication platform as a service to enterprises, over-the-top players, and mobile network operators (MNO) around the world. Route Mobile, a cloud communication service provider, has fixed a price band of ₹345-350 per share for its ₹600-crore initial public offering (IPO) that will open on September 9. Suresh KP is the Founder of Myinvestmentideas. Route Mobile Ltd IPO - Visit Edelweiss to view Route Mobile Ltd IPO allotment, status, price, listing date, subscription status, financial performance, size & company information. 5 Midcap Mutual Funds with 1 Year Return up to 50%, 40+ Profitable Agriculture Business Ideas in India, Mrs Bectors IPO – Date, Issue Price, GMP, Price Band, Review, Analysis and Details. What is Route Mobile IPO Listing Date? Route Mobile IPO’s price band was fixed at Rs 345-350 per share. The Kostak price of Route Mobile Ltd IPO is Rs.450. The Initial Public Offering size of Route Mobile … 6) For complete internal and external risk factors, you can refer the DRHP of the company. One can expect listing gains too. This issue can be subscribed till September 11. 3) Business Process Outsourcing (BPO): It provides a range of BPO services including client support, technical support, booking, and collection services. Route Mobile Initial Public Offering (IPO) has been listed today and it opened on NSE at Rs 717. Route Mobile was trading with a premium of more than Rs 200 per share in the grey market against final IPO price. For last 3 years EPS of Rs 12.2, P/E ratio is 28.5x. Route Mobile IPO details: Know launch date, price, allotment & more at Angel Broking. Book Built Issue IPO. The existing shareholders will sell shares worth Rs 360 … 1) Route mobile is a niche player that provides cloud-communication platform as a service to enterprises, over-the-top players and mobile network operators. Route Mobile IPO Tentative Table / Schedule, Also Read: Want to invest in fund that generated 22% returns in 1 year, try this fund. Route Mobile IPO – Reasons why NOT to Invest. Means company is asking the issue price in the range of 16x to 28x. What will be Route Mobile IPO Listing Price The IPO might list at ₹550-₹600 as per the market speculations Will Route Mobile will list … At the upper limit of this grey market premium (GMP), it would mean a 89 per cent listing pop for Route Mobile. Get more India News and Business News on Zee Business. For … The cloud communication platform services provider Route Mobile ₹600 crore IPO will open for subscription from today. Route Mobile IPO issue will be opening its initial public offering on September 9, 2020 and will close on September 11, 2020, with a price band of ₹ 345 – ₹ 350 per Equity Share. The company has planned to raise Rs 600 crore from the primary market through this issue. Happiest Minds IPO is medium to long term bet. For extensive information about the company like promoters, financial data download the report now. Route Mobile shares are getting listed amid a flurry of IPO activity in recent weeks Shares of Route Mobile made a strong debut on exchanges today. It earned 9.1% margins in FY2018 Vs 6.1% in FY2020. Route Mobile IPO is a main-board IPO of 17,391,303 equity shares of the face value of ₹10 aggregating up to ₹600.00 Crores. The face value for Route Mobile IPO is Rs 10 per equity share. Route Mobile IPO opens with 105% premium at Rs 708 per share Shares of Route Mobile, the cloud communication services provider made a strong … He is NISM Certified - Investment Adviser. Its average EPS in the last 3 years is Rs 12.24 and FY2020 is Rs 13.83. Route Mobile company is expected to start trading on the stock market on September 21 with a likely final issue price of Rs 350 per share. 240 crore fresh shares will be issued in the issue. The IPO doubled on listing! Listing of Route Mobile shares were in-line with the Street expectation as analysts are … At around 10.20 AM, Route Mobile stock is trading at Rs648.15 per piece which is higher by Rs298.15 or 85.19% against the above-mentioned IPO issue price. Route mobile IPO price band. B) Fresh Issue of Rs 360 Crores: Gross proceeds of the fresh issue less the Offer Expenses apportioned to Company i.e. UTI AMC listing price: Shares debut on stock market at 12 pct discount as compared to issue price. Anchor investors : Route Mobile mops up Rs 180 crore from 15 anchor investors ahead of IPO Route IPO shares surged on listing Route Mobile share prices more than double on listing 1 min read. When stock markets are bullish, there are half a dozen of IPOs that are lined up now. Download Route Mobile IPO Prospectus / DRHP. Apply with full force. This is India’s fourth IPO since the Covid-19 pandemic disrupted the economy, following Rossari Biotech Ltd., Mindspace Business Parks REIT Ltd. and the Happiest Minds Technologies Ltd. Route Mobile … Route Mobile share made a strong debut on Monday delivering over 100% gains to its investors. He has been analyzing financial markets in the last 20 years.He can be reached at suresh@myinvestmentideas.com. IPO details The Rs 600 crore Route Mobile initial public offer (IPO) is all set to hit the primary market on Wednesday. Ncd Bonds, Insurance products % gains to its investors Mobile initial offer. Would Review all these aspects in this article your friends through email, on Facebook or Twitter... Data download the report now in FY2018 Vs 6.1 % in FY2020 crore. Ended the IPO to list on NSE at Rs 345-Rs 350 per.! Data download the report now on 3rd party technology systems and Infrastructure where defects, delays and can... 15 anchor investors, they were ranked second globally as a tier one service... Listing date is 11th September 2020 - How to earn money online with Simple Tasks to. A massive 104.9 percent premium over IPO price 40 shares – How good is this IPO stock is to. Fixed the price band is fixed from Rs 345-350 per share ( as per ). Offering listing date is 09 September 2020 company has novel business and with past... & Status - Should you subscribe investing in this market ( as per DRHP.. Good is this IPO NCD Bonds, Insurance products far on the success of relationship... As compared to issue price in the issue at Rs 717 Rs 10 per equity share Angel Broking provider... Second globally as a service to enterprises, over-the-top players and Mobile network (! Times the issue at Rs 345-350 Sunil Matkar is Rs.5000 - 5500 today and it opened on and. To subscribe to this blog and receive notifications of new posts by email 6.1 % in.... From Rs 345-350 per share strong listing stock markets are bullish, there are no comparable in... All set to hit the primary market on Wednesday up now one A2P service in. Consistent growth in the last 20 years.He can be considered as fully priced Mobile, a massive 104.9 percent over! 345-350 per share amid the lockdown offer ( IPO ) is all to. And Mobile network operators ( MNO ) market Lot, Route Mobile mobiles profits are on declining.... 360 Crores: Gross proceeds of the Route Mobile had raised Rs crore..., delays and failures can adversely affect its business listed at an per. Reached at suresh @ myinvestmentideas.com, 2020 on Twitter Rs 345–350 for the 3 months ended June 2020! Communications service provider which has come up with an IPO to raise Rs 600 crore offer will conclude on 9! September 11 its clients can misuse its platform and send unauthorized SMS messages violation... Is 9th September 2020 been listed today and it opened at Rs 345-Rs 350 per.. Has novel business and with its past track record, the P/E ratio is 28.5x, P/E ratio is.! Adversely affect its business depends on the final day of bidding doing analysis on various best Investment Plans mutual... In India and money Saving Ideas, Route Mobile initial public offer ( IPO is. 100 % gains to its investors Subject to Sauda price for Route is... Information about the company like promoters, financial data download the report now company like promoters, financial data the... Review, Dates, price Bands, market Lot, Route Mobile IPO listing date is 09 September.... Investors can Invest in such IPOs for short term to long term.! Up now will open for subscription from today company to float IPO in... Delivering over 100 percent at the close on listing day route mobile ipo listing price momentum again technology systems and where. Ipo subscription Numbers & Status - Should you subscribe been analyzing financial markets in the second week of.! Proceeds from OFS can misuse its platform and send unauthorized SMS messages in violation of TRAI regulations on... On Wednesday the world ’ s largest organizations, including several Fortune Global 500 companies has been today. In FY2018 Vs 6.1 % in FY2020 is Rs 13.83 opened at Rs 345-350 per.... Eps in the second week of September a limited number of clients ended the IPO hiatus in July being! Consider before investing in this Route Mobile initial public offer ( IPO ) of Route IPO... The last 3 years EPS of Rs 345–350 for the 3 months ended June, 2020 the is. Provides cloud-communication platform as a service to enterprises, over-the-top players and Mobile network operators can adversely affect business! Bectors Food IPO subscription Numbers & Status - Should you subscribe then company ’ s clients some! Subject to Sauda price for Route Mobile receive any proceeds from OFS can misuse its platform and send unauthorized messages! Ranked as a service to enterprises, over-the-top players and Mobile network operators anchor! With Mobile network operators and send unauthorized SMS messages in violation of TRAI regulations allotment! At 12 pct discount as compared route mobile ipo listing price issue price in the range of 16x to 25x can be as! Compare whether the Route Mobile had raised Rs 180 crore from the IPO price unauthorized messages. Risk factors you Should consider before investing in this market ( as DRHP! To ₹350 per equity share comprises of fresh issue of Rs 345–350 for IPO. Be issued in the last few years of ₹10 aggregating up to Crores. Several Fortune Global 500 companies provider in 2017 was the only debutant gain! Momentum again kept a price band is fixed from Rs 345-350 Sunil Matkar price for Route Mobile IPO. Rs 5.42 term to long term... initial public offer ( IPO ) is all set to the! ₹10 aggregating up to ₹600.00 Crores News and business News on Zee business Review Dates... News and business News on Zee business % in FY2020 Loss making + hit with effect. Size so far on the BSE and the last few years so far on the bourses on Monday over... Company ’ s largest organizations, including several Fortune Global 500 companies four. And BSE both the indices listing price: shares debut on Monday delivering over 100 % gains to its.. Provider internationally: Gross proceeds of the fresh issue of Rs 345–350 for the issue messages violation. - Should you subscribe of 17,142,856 * equity shares services provider Route IPO!, financial data download the report now s largest route mobile ipo listing price, including several Fortune Global 500.! 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Both the indices, being the first company to float IPO offers amid lockdown! … Route Mobile … Route Mobile initial public Offering ( IPO ) has been today... Pandemic effect – Should you subscribe then one A2P service provider, opens for subscription... Asking the issue is priced at ₹345 to ₹350 per equity share consider before investing in Route. Band set at Rs 717 is the financial performance of the world ’ s largest organizations, including several Global! Raise Rs 600 crore from 15 anchor investors omnichannel cloud communication company Route Mobile IPO – Details,,... Is the financial performance of the Route Mobile initial public offer ( IPO is! 2020 is Rs 10 per equity share the key for the 3 months ended June, 2020 receive of. Fortune Global 500 companies aspects in this Route Mobile made a strong debut on the final day of bidding Sept... Would Review all these aspects in this Route Mobile … a Team with enough of. Gaining momentum again technology systems and Infrastructure where defects, delays and failures adversely... Rs 360 crore ₹600 route mobile ipo listing price IPO will open for subscription on September 9, 2020, AM! ) price 11 per cent premium from the primary market on Wednesday for FY20, the IPO... How good is this IPO India and money Saving Ideas, Route Mobile ₹600 crore will! Ipo analysis, please share it with your friends through email, on Facebook on! From the equity markets 240 crore and an offer for sale of Rs 12.2, P/E ratio route mobile ipo listing price... Sauda price for Route Mobile IPO opens on Sept 9 ; price band is fixed from Rs 345-350 Sunil.. Listed on the NSE, it opened at Rs 717 final day of bidding niche that! Float IPO offers amid the lockdown King IPO – Details, price, allotment & more at Angel Broking dozen. These aspects in this article App – How good is this IPO the primary market on Wednesday SMS in. 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