Monday, September 07, 2020

Route Mobile IPO Subscription Numbers & Status Details

Route Mobile IPO to hit the market on 09 September 2020 and closes on 11 September 2020. This is the 2nd IPO in September month and it looks great as well with the GMP is going superbly. The things are looking positive for primary market as companies are coming with IPOs. When look at the market estimates the IPO might be subscribed over 350 times in HNI and over 8-10 times in retail. Let's see how it will come up. Check Route Mobile IPO GMP day by day.

Latest Update: Route Mobile IPO subscribed 73.30x times, QIB 89.76x, HNI 192.81x and RII 12.67x times overall.


Route Mobile IPO Date, Review, Price Band, Form & Market Lot Details

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