246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

246  Total SME IPOs listed in 2024

9557.56 Crs.  Total funds raised in 2024

222  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Route Mobile Limited

Route Mobile Limited is an Information Technology - SaaS based company, located in Mumbai, Route Mobile Limited IPO size was 600.00 Cr. and was issued at 350.00 per share. The share of Route Mobile Limited were listed at 651.10 per share and are currently trading at 1373.65 per share.

Type :
Sub Sector : Cloud Communication Platform Providing Services
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1249.20 Cr.

PAT :
107.72 Cr.

Pricing Report

Issue Price :
350.00

Listing Price :
651.10

Current Market Price :
1373.65

Issue Price vs CMP :
1023.65 (292.47%)

listing Price vs CMP :
722.55 (110.97%)

Performance Report (CAGR* wise)

CAGR : 37.39
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

MainBoard IPO Details (at the time of IPO)

IPO Date :
Sep, 2020
IPO Size :
600.00 Cr.
Subscription :
73.30 X     
PE Multiple :
18.47
Merchant Banker :
Idbi Capital Market Services Limited

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Peer Companies Of This Sector

FAQs

Route Mobile operates in Information Technology - SaaS and Cloud Communication Platform Providing Services. The Issue is listed on MainBoard in Sep, 2020. Route Mobile IPO size was 600.00 Cr. with Issue price of 350.00 .

Merchant Banker(s) of Route Mobile IPO: Idbi Capital Market Services Limited , Axis Capital Limited , Edelweiss Financial Services Limited , ICICI Securities Limited

Route Mobile IPO subscription was 73.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Route Mobile IPO listed at a listing price of 651.10 against the offer price of 350.00.

The current market price of Route Mobile is 1373.65.

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