Friday, September 18, 2020

Route Mobile IPO to List on 21st September on NSE and BSE

Route Mobile IPO to list on NSE and BSE on 21st September 2020, Monday at 10:00 AM. As the GMP is going up from a low of 110 to 250 last heard, we can expect another good listing for the Route Mobile after Happiest Minds listed at 111% premium this week. Route Mobile IPO subscribed 73.30x times, QIB 89.76x, HNI 192.81x and RII 12.67x times overall. Lets see how it will perform on the listing day.

Update: Route Mobile IPO Listed at 105% Premium, IPO Listed at ₹717 on NSE and at ₹708 on BSE.

Route Mobile IPO Listing Price: Live Quote

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Listing Price
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BSE Notice of Listing: Click Here

Route Mobile Logo

BSE Code543228
ISIN NoINE450U01017
Offer Price₹350
Face Value₹10
Listing Date21 September 2020, Monday

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
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 FAQs:

When is Route Mobile IPO Listing Date?
Route Mobile IPO listing date is 21st September 2020.

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 on NSE and BSE?
Yes, The IPO to list on NSE and BSE both the indices.

What is a BSE and NSE Code for the Route Mobile IPO?
The BSE Code is 543228 while NSE Code is ROUTE.