35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Route Mobile Limited IPO (Route Mobile IPO) Details

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 1046.60 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 :
1046.60

Issue Price vs CMP :
696.6 (199.03%)

listing Price vs CMP :
395.5 (60.74%)

Performance Report (CAGR* wise)

CAGR : 28.11
-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.

About Route Mobile

Company Information
Route Mobile Limited provides a cloud-communication platform as a service (CPaaS) to enterprises, over-the-top (OTT) players, and mobile network operators (MNOs). It was ranked second globally as a tier 1 application-to-peer (A2P) service provider in 2017 and secured the top position for 'value-added services,' 'implementation process,' and 'uptime performance' among tier 1 vendors, as per the ROCCO Report 2017.
The enterprise solution offered by the company consists of two primary components: the front-end interface, enabling seamless integration for enterprises, and a back-end system directly connected to over 240 MNOs. This back-end system provides access to over 800 MNOs globally, leveraging SMS and voice channels for digital communication, referred to as the "Super Network." Additionally, it integrates with OTT business messaging solution providers and supports Rich
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Object of Issue
  • Repayment or pre-payment, in full or part, of certain borrowings of their Company
  • Acquisitions and other strategic initiatives
  • Purchase of office premises in Mumbai and
  • General Corporate Purposes

Route Mobile MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2020
IPO Size :
600.00 Cr.
IPO Subscription :
73.30 X     
PE Multiple :
18.47
Merchant Banker :
Idbi Capital Market Services Limited
IPO Registrar:
Kfin Technologies 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 1046.60.

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