Route Mobile Limited
09 Sep 2020 – 11 Sep 2020
LISTED
Offer Price
₹345–350
Bid lot
40
Min Application
₹14,000
Issue Size
₹600 Cr
Key dates
Open date
09 Sep 2020
Done
Close date
11 Sep 2020
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
21 Sep 2020
Today
Issue reservation
₹600 CrQIB 50%Retail 35%
QIB
85.7 L sh · ₹300.00 Cr
Retail
60.0 L sh · ₹210.00 Cr
BRLM: ICICI Securities Limited · Axis Capital Limited · Edelweiss Financial Services Limited · IDBI Capital Markets and Securities Limited
Lot ladder — how much to bid
1 lot = 40 sharesRetail · Up to ₹2 L1–14 lots
Min · 1 lot
40 sh · ₹14,000
Max · 14 lots
560 sh · ₹1,96,000
S-HNI · ₹2 L to ₹10 L15–71 lots
Min · 15 lots
600 sh · ₹2,10,000
Max · 71 lots
2,840 sh · ₹9,94,000
B-HNI · Above ₹10 L72+ lots
Min · 72 lots
2,880 sh · ₹10,08,000
Entry point
₹10,08,000 onward
Issue details
Lead managersICICI Securities Limited, Axis Capital Limited, Edelweiss Financial Services Limited, IDBI Capital Markets and Securities Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Private Limited
Live subscription
58.02×
0×1×2×3×+
Oversubscribed
Book₹510.00 Cr
Subscribed₹29,589 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 85,71,429₹300.00 Cr | 76,93,71,422₹26,928 Cr | 89.76× |
| HNI | 25,71,429₹90.00 Cr | 49,57,97,139₹17,353 Cr | 192.81× |
| Retail | 60,00,000₹210.00 Cr | 7,60,19,999₹2,661 Cr | 12.67× |
| Total | 1,45,71,429₹510.00 Cr | 84,53,91,421₹29,589 Cr | 58.02× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 26,928.00 |
| HNI | 17,352.90 |
| Retail | 2,660.70 |
| Total | 29,588.70 |
Amounts at the upper band (₹350). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Route Mobile Limited IPO?
One lot of 40 shares — ₹14,000 at the upper price band of ₹350.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2020-09-21 on NSE.