IPO Price History
Closed
Route Mobile Limited logo

Route Mobile Limited IPO

Mainboard IPOListedROUTENSE
Current Market Price (CMP)
₹416(+18.86%)
Current Price (CMP)
₹416(+18.86%)

Live Market Quote

Listing Price & Gain
₹717(+104.86%)

Day 1 Exchange Open

IPO Issue Price
₹350

Band: ₹345 - ₹350

Total Subscription
73.3x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
09 Sept 2020
IPO Bidding Closes
11 Sept 2020
Allotment & Refunds
Completed
Exchange Listing Day
21 Sept 2020

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 73.3x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)89.76x
Non-Institutional Investors (NII / HNI)192.81x
Retail Individual Investors (RII)12.67x
Total Subscription73.3x
Updated as on 11th Sep 2020 at 1700 hrs

Listing Day & Return Performance

Listing Day Gain+104.86%
₹350 (Issue) → ₹717 (List)
Per share profit: +₹367.00
Holding Return (Till Date)+18.86%
₹350 (Issue) → ₹416 (CMP)
Net gain per share: +₹66.00
Post-Listing Performance (Listing Day → Today):-41.98%

About Route Mobile Limited IPO

Route Mobile Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 09 Sept 2020 and concluded on 11 Sept 2020, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹345 - ₹350.

During the bidding window, Route Mobile Limited witnessed heavy demand with an overall subscription of 73.3 times. Institutional investors (QIB) subscribed 89.76x, non-institutional high-net-worth investors (NII) subscribed 192.81x, and retail individual investors (RII) bid 12.67x their reserved quota.

The equity shares of Route Mobile Limited officially debuted on the stock exchanges on 21 Sept 2020 at an opening listing price of ₹717, delivering a listing day return of +104.86% (premium) over the final issue price. As per the latest market data, the stock trades at ₹416, representing an overall gain of +18.86% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Route Mobile Limited IPO?
The issue price of Route Mobile Limited IPO was fixed at ₹350 per equity share. The indicative bidding price band was ₹345 - ₹350.
What were the open, close, and listing dates for Route Mobile Limited IPO?
Route Mobile Limited IPO opened on 09 Sept 2020, closed on 11 Sept 2020, listed on 21 Sept 2020.
How much was Route Mobile Limited IPO subscribed?
The IPO received an overall subscription of 73.3 times. Category-wise, QIBs subscribed 89.76x, NIIs subscribed 192.81x, and Retail investors subscribed 12.67x.
What was the listing price and listing gain of Route Mobile Limited IPO?
Route Mobile Limited IPO listed on the stock exchange at ₹717, delivering a listing gain of 104.86% compared to the IPO issue price of ₹350.
Is Route Mobile Limited IPO a Mainboard or SME IPO?
Route Mobile Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Route Mobile Limited IPO since its IPO?
At the latest market quote of ₹416, Route Mobile Limited IPO has generated an all-time return of +18.86% since its initial public offering.

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