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Route Mobile Limited
listed
₹13,800Min. investment
Route Mobile Limited IPO Details
Issue size
₹600Cr
IPO type
Mainboard
Price range
₹345 – ₹350
Lot size
40 shares
Price range₹345 – ₹350
IPO type
Regular
Lot size40 shares
Issue size₹600Cr
Checklist
Risk analysis
Debt to Equity ratio
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Incorporated in 2004, Route Mobile is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). Its portfolio comprises solutions in application-to-peer (A2P) / peer-to-application (P2A) / 2Way Messaging, RCS, OTT business messaging, voice, email, and omni-channel communication. It’s set to open its initial public offering for three days on September 9 with the closing date being September 11. The book running lead managers to the public issue are ICICI Securities, Axis Capital, Edelweiss Financial Services and IDBI Capital Markets & Securities. KFin Technologies is the registrar to the offer.Equity shares are proposed to be listed on National Stock Exchange of India and BSE Limited.
Frequently asked questions
How to invest in the Route Mobile Limited ?
Investors can apply for the Route Mobile Limited through their Demat account via the stock exchange or through their broker.
What is the issue size of Route Mobile Limited ?
The issue size of the Route Mobile Limited is 600 Cr.
What is 'pre-apply' for Route Mobile Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Route Mobile Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.