- Exchanges
- BSE, NSE
- Issue
- Book building
Route Mobile IPO
₹651.30
+86.09% on listing
Listing-day close · NSE · 21 Sep 2020 · issue price ₹350
Route Mobile’s ₹600 crore IPO was priced at ₹350 a share. It listed on the NSE on 21 Sep 2020 and closed its first day at ₹651.30, up 86.09% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹600 Cr
- Fresh issue
- ₹240 Cr
- Offer for sale
- ₹360 Cr
- Lot size
- 40 shares
- Minimum investment
- ₹14,000
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 51.76× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,990 Cr
- Promoter holding
- 96.00% → 66.33%
From the offer documents.
Listing
- Listing date
- 21 Sep 2020
- Issue price
- ₹350
- Open
- ₹717.00
- High
- ₹735.00
- Low
- ₹625.00
- Close
- ₹651.30
Listing day on the NSE. The close was +86.09% on the issue price.
ROUTE share price todayFAQs
When did the Route Mobile IPO open and close?
It opened on 9 Sep 2020 and closed on 11 Sep 2020.
What was the Route Mobile IPO price?
The price band was ₹345–350 a share. The final issue price was ₹350.
What is the lot size and minimum investment?
One lot is 40 shares, ₹14,000 at ₹350 a share. Retail investors apply in whole lots.
How much did Route Mobile raise?
₹600 crore: ₹240 crore of new shares and ₹360 crore offered by existing shareholders.
How many times was the Route Mobile IPO subscribed?
51.76 times overall.
How did Route Mobile list?
It listed on the NSE on 21 Sep 2020 at ₹717.00 and closed the day at ₹651.30, up 86.09% on the ₹350 issue price.
Who is the registrar of the Route Mobile IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
Full disclaimerSee how an IPO fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app