Thursday, September 10, 2020

Route Mobile IPO Allotment Status, Date & Basis of Allotment Details


Route Mobile IPO subscription will be the key for the IPO to list with good premium. 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 will list with premium. Route Mobile IPO subscribed 73.30x times, QIB 89.76x, HNI 192.81x and RII 12.67x times overall. Check out Route Mobile IPO allotment status online. You can check Route Mobile allotment via application number or pan card.

Route Mobile Logo

Route Mobile IPO Allotment & Listing Details:

Route Mobile IPO allotment date is 16 September 2020 but the allotment might come on 17 September 2020. As per the subscription numbers, the basis of allotment Route Mobile is around 10:1
Route Mobile IPO Allotment Date
17-Sept-20
Route Mobile Listing Date 21-Sept-20
Route Mobile IPO Basis of Allotment 10:1
Check Route Mobile IPO Allotment Here:

OR
Log on to https://ris.kfintech.com/ipostatus/


Note: Route Mobile IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.


Read Also:
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

Route Mobile IPO Subscription Numbers
(Over Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.01x 1.25x 89.76x
HNI 0.46x 2.04x 192.81x
RII 1.80x 6.71x 12.67x
EMP N/A N/A N/A
Total 1.00x 4.15x 73.30x

Route Mobile IPO Dates & Price Band: (Tentative)

 IPO Open:  9 September 2020
 IPO Close:  11 September 2020
 IPO Size:  Approx 600 Crores (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹345 - ₹350 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  1,71,42,856 Shares
 Discount:  N/A

Route Mobile IPO Market Lot:

 Lot Size:  Minimum 40 Shares & Maximum 560 Shares
 Minimum Amount:  ₹14,000
 Maximum Amount:  ₹196,000

Route Mobile IPO Allotment & Listing:

 Basis of Allotment:  16 September 2020
 Refunds:  17 September 2020
 Credit to Demat Account:  18 September 2020
 Listing Date:  21 September 2020

Route Mobile IPO Allotment FAQs:


When is Route Mobile IPO Allotment Date?
Route Mobile IPO Allotment date is 16 September 2020.

What will be Route Mobile IPO Refund Date?
The IPO refund date is 17 September 2020.

What is the chance to get the Route Mobile IPO Allotment?
The IPO allotment is based of the subscription. In the Retail the IPO Subscribed around 10x times in retail as per the number of forms so the Basis of allotment is around 10:1.

How to check the Route Mobile IPO Allotment?
Check Route Mobile IPO allotment via your PAN number, the application number, or amount deducted in your bank.