KFin Technologies is registrar to the offer. * City * email * Select Services Subscribe to IPOOpen Demat Account, News 1 – Route Mobile Limited IPO RHP Download, Calculate your return on investment! Their enterprise solution comprises two primary components – the front-end that provides an interface for enterprises to integrate with, and a back-end which is directly integrated with over 240 MNOs, and provides access to over 800 MNOs across the globe, as of June 30, 2020, enabling them to leverage their SMS and voice channels for digital communication (“Super Network”). What is the date of the Route Mobile IPO listing? Note: Route Mobile IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites. 1,71,42,857 Eq Shares of Rs 10 (aggregating up to Rs 600.00 Cr) Required fields are marked *. Route Mobile IPO description – Route Mobile offers cloud-communication platform as a service (CPaaS) to enterprises, over-the-top (OTT) players and mobile network operators (MNOs).The company ranked second globally as a tier 1 application-to-peer (A2P) service provider in 2017. 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. The closing date for the IPO is September 11. Issue Size. Purchase of office premises in Mumbai; and ... Apple May Push IPhone 12 Pro Launch Date Further; Know Details. September 2020 me India me jaise IPOs ki baarish hone lagi hai. Competitive Strengths of Route Mobile Limited, Route Mobile Limited IPO Offer Details or Issue Details, Up to [●] Equity Shares aggregating up to Rs.6,000 million, Up to [●] Equity Shares aggregating up to Rs. Last week, the Route Mobile IPO has received a positive response from individuals (HNIs) and qualified institutional bidders. Visit Narnolia to get complete information on Route Mobile Ltd. IPO including listing date, allotment status, analysis and recommendations. The company is looking to raise ₹600 crore, which it plans to use for business expansion. Open an Account !!! They were incorporated in 2004 and are headquartered in Mumbai, India. 3 Months6 Months1 Year2 Year3 Year4 Year5 Year Your email address will not be published. Equity shares are proposed to be listed on National Stock Exchange of India and BSE Limited. 350/- per share Exchange: *BSE & NSE* BSE Listing Circular: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200918-2. Get this Deal !!! (If you wish to know 'How to apply for an IPO, Read here) Here are 10 key things that you should know before you subscribe. Route Mobile’s IPO opens tomorrow. The ₹ 600 crore offer will conclude on September 11. Here, you can find the Allotment Status of this IPO. *Route Mobile Limited IPO – Listing Update* Listing Date: *Monday 21-Sept-2020* Symbol: ROUTE Script Code: 543228 ISIN: INE450U01017 Issue Price: Rs. How to apply in Route Mobile IPO through Zerodha? Offer for Sale: Offer for sale consists of Up to [●] Equity Shares of face value of Rs.10 each, aggregating Rs.3,600 million. Check Business Breaking News Live on Zee Business Twitter and Facebook. Route Mobile IPO Review & its Company valuation details Route Mobile Limited was incorporated in the year 2004. As of June 30, 2020, they have serviced over 30,150 clients, cumulatively since inception, across sectors including social media, banking and financial services, aviation, retail, internet/ e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceuticals and telecom. Cloud communication platform provider Route Mobile is set to open its initial public offering (IPO) for three days on September 9. Their range of enterprise communication services include application-to-peer (“A2P”) / peer-to-application (“P2A”) / 2Way Messaging, RCS, OTT business messaging, voice, email, and omni-channel communication. According to the official website of Route Mobile, the company was incepted in the year 2004 in Mumbai, India. What will be Route Mobile IPO Listing Price The IPO might list at ₹550-₹600 as per the market speculations General corporate purposes. BSE LIVE Bid Details of Route Mobile IPO When Route Mobile IPO allotment date? Grey market premium as on 7-09-2020 = Rs 190-200/Share. Grey market premium as on 9-09-2020 = Rs 190-200/Share. The company plans to garner Rs 600 crore via public issue. The lot size for Route Mobile IPO is a minimum of 40 shares to maximum 560 shares. Route Mobile Limited IPO – Full Details. 1) About: Dec 12, 2020 / 06:12 PM IST The basis of allotment for Route Mobile IPO has been finalised. The face value of each share is Rs 10, but the price band of the IPO is Rs 345 – 350. . The Route Mobile stock is … ‘Submit’ IPO application form. Their Company proposes to utilise the Net Proceeds towards funding the following objects: 1. It also captures the Holding Period Returns and Annual Returns. Route Mobile Limited IPO Review by Top 10 Stock Brokers. Get the Offer !!! Google acquires Neverware that turns old PCs into Chromebooks, EKDUM Biryani – Reason for jubilation for all Biryani lovers; Jubilant FoodWorks enters into this segment, Stocks in Focus on December 17: IndusInd Bank, IDFC First Bank, GIPCL, Jubilant FoodWorks to Logistics stocks; here are the 5 Newsmakers of the Day, Ashok Leyland, Hindalco, Bharti Airtel, ICICI Bank and IndusInd Bank: Derivatives summary for traders. Sep 9, 2020 - Sep 11, 2020. As on the date of this Red Herring Prospectus, their global operations included nine direct and 12 step-down subsidiaries serving their clients through 18 locations across Africa, Asia Pacific, Europe, Middle East and North America. A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus: Their EBITDA for Fiscal 2018, 2019 and 2020, and the three months ended June 30, 2020 was Rs.801.35 million, Rs.999.63 million, Rs.1,116.67 million and Rs.402.99 million and their EBITDA margins for the same periods were 15.73%, The Initial Public Offering size of Route Mobile is 600cr where retail investor like you and me can buy min 40 shares. Route Mobile IPO is listed at 105% premium, check out the live share price by clicking on the below link. Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. 3,600, Business strategies of Route Mobile Limited, Route Mobile Limited IPO – Basis of the Offer Price. 6,000mn with this IPO. However, the Allotment status is not yet disclosed. 3,600mn). 11.73%, 11.53% and 12.90%, respectively. How does a company release an IPO? Route Mobile Limited IPO Subscription The shares subscribed by the public will be updated here. Go to the 'Route Mobile IPO' row and click the 'Bid' button. The IPO Issue is a combination of Fresh (Rs. Enter your UPI ID, Quantity, and Price. The book running lead managers to public issue are ICICI Securities, Axis Capital, Edelweiss Financial Services and IDBI Capital Markets & Securities. Fresh Issue: The Fresh Issue of [●] Equity Shares by their Company, aggregating to Rs.2,400 million, Issue Size: 17,391,303 Equity Shares of Rs.10 each, aggregating to Rs.6,000 million. Upcoming IPOs: Find the list of all upcoming IPOs of 2018. 3 Months6 Months1 Year2 Year3 Year4 Year5 Year, Your email address will not be published. Zerodha: Flat Rs.20 brokerage on intraday trade; Free Equity Delivery Trades; 100% brokerage refund if in 60 days you have made net profits. Get the Offer !!! Route Mobile, a cloud communications service provider, will launch its initial public offering next week to raise an estimated Rs 600 crore, merchant banking sources said on Thursday. Route Mobile IPO issue open date is 9th September 2020 and close date is 11th September 2020. Further, the backend is also integrated with OTT business messaging solution providers, and is capable of supporting Rich Communication Services (“RCS”) business messaging, offering multiple channels of communication to enterprises. - Become Preferred Client for IPO Subscription The public issue of Route Mobile IPO was opened on Sep 9, 2020 and closed for subscription on Sep 11, 2020. Top 10 stock brokers in India – Compare Top share broker of 2020, India Infoline or IIFL Brokerage Calculator, Up to [●] Equity Shares aggregating up to Rs.2,400, Rathindra Das, Company Secretary and Compliance Officer, Omni-channel cloud communication platform service provider with diversified service offerings for enterprises, Global connectivity through established relationships with MNOs, Diversified and global client base across industries serviced locally, Scalable delivery platform supported by robust infrastructure, Robust business model and consistent financial track record, Experienced Promoters and senior management team, Continue to develop omni-channel digital communication offerings and innovative solutions, Continue to focus on developer community program, Enhance service offerings through inorganic opportunities, Grow presence in additional markets to serve clients locally, Leverage their CPaaS platform and BPO expertise to deliver virtual contact centre solutions. Access to 800+ Mobile Network Operators across the global as of June 30, 2020. Super Network of 240+ Direct Connections as of June 30, 2020. Issue Type. Route Mobile IPO Allotment Status Date and Listing. Angel Broking: Rs.20 flat brokerage per order for all segments, except Equity Delivery Trading is absolutely Free. You can check the live performance of the IPO here, only after it is listed on exchanges. The shares subscribed by the public will be updated here. Further, they also offer SMS analytics, firewall, filtering and monetization, SMS hubbing and Instant Virtual Number (“IVN”) solutions to MNOs across the globe. 1) Route mobile is a niche player that provides cloud-communication platform as a service to enterprises, over-the-top players and mobile network operators. IDBI Capital Markets & Securities Limited, List of Upcoming IPOs in 2020: Please SelectHappiest Minds IPORoute Mobile Limited IPOAngel Broking IPOKalyan Jewellers IPOCAMS IPO / Computer AgeUTI AMC IPOGland Pharma IPOBajaj Energy IPOMindspace REIT IPORossari Biotech IPOYes Bank IPO (FPO)Suratwwala Business IPONCDEX IPOBurger King IPOLIC IPOBonlon IPOAtam Valves IPOShine Fashions IPOAdvait Infratech IPOSBI Cards IPOCospower Engineering IPOAntony Waste Handling IPONirmitee Robotics IPOKsolves India IPOThe Park Hotels IPOBIOCON IPOEquitas Bank IPOESAF Small Finance Bank IPOHome First IPO (HFFC IPO)Hindprakash Industries IPOEaseMyTrip IPORO Jewels IPOHarsha Engineers IPOSAMHI Hotels IPOPuranik Builders IPOUjjivan Bank IPOCSB Bank IPOMontecarlo Limited IPOTimes Green Energy IPOIRCTC IPORainbow Crop Health IPOBMW Ventures Limited IPOMukesh Trends Lifestyle IPONilshikhaa Projects IPOAGS Transact IPOGreens Food Crafts IPOChemcon Speciality Chemicals IPOPenna Cement IPOHindprakash Industries IPOLodha Developers IPOIREDA IPOSterling & Wilson Solar IPOMetropolis Healthcare IPONeogen Chemicals IPOPolycab India IPOGensol Engineering IPOMangalam Alloys IPOLotus Roofings IPOIRCON International IPOWhite Organic Retail IPOIndoStar Capital IPOMazagon Dock Shipbuilders IPONekkanti Seafoods IPOCreditAccess Grameen IPONSE IPOHDFC AMC IPOFine Organics IPOJohn Energy IPOBombay Super Hybrid Seeds IPOGarden Reach Shipbuilders IPOGandhar Oil Refinery IPONational Insurance IPOACME Solar Holdings IPOIndo Colchem Limited IPOLikhitha Infrastructure IPO, Fill the Details Below Name * Mobile No. Route Mobile Ltd IPO is a Mainstream IPO, which is open for all investors from 9th September 2020, Wednesday to 11th September 2020, Friday. Posted on September 3, 2020 September 29, 2020. The listing date of this IPO is Sep 21, 2020. The company has planned to raise Rs 600 crore from the primary market through this issue. Route Mobile IPO Established in the year 2004, Route Mobile Limited is one of India’s leading providers of Communications Platform as a Service (CPaaS). Route Mobile IPO allotment date is 16 September 2020 but the allotment might come on 17 September 2020. Goldman Sachs, Franklin Templeton Mutual Fund, SBI Life Insurance, Kuwait Investment Authority, Vantage Equity Fund, Axis Mutual Fund, Macquarie and SBI Mutual Fund are among the anchor investors, according to information available with stock exchanges. There are no listed entities in India whose business portfolio … 4. million in Fiscal 2018, 2019 and 2020, and in the three months ended June 30, 2020, respectively. 2. In a small period of time Route Mobile became a renowned name as a Communications Platform as a Service (CPaaS) provider and also for its role as a tier-one application-to-peer (A2P) service provider. Promoters are offering --- equity shares to public through this issue which is worth of Rs 600 Crores. Author IPO Guru. The total Issue Size is 17.143 - … The lead managers to the issue are ICICI Securities Limited, IDBI Capital Markets & Securities Limited, Axis Capital Limited and Edelweiss Financial Services Limited, and the Registrar to this issue is KFin Technologies Private Limited. Delivery is Free. Revenue from their operations were Rs.5,049.48 million, Rs.8,446.68 million, Rs.9,562.52 million and Rs.3,096.14 Team EdelweissPartners About Route Mobile. Route Mobile IPO Details. – Advertisement – Route Mobile IPO basis of allotment on Wednesday, 16th September, 2020, and the shares may get credited to the demat accounts of eligible investors by September 17.. You can check the live performance of the IPO here, only after it is listed on exchanges. September 19, 2020 Route Mobile IPO Review, Dates, Price Bands, Market Lot, Route Mobile IPO Grey Market Price Details The Rs 600 crore Route Mobile initial public offer (IPO) is all set to hit the primary market on Wednesday. Narnolia SENSEX 46099.01 139.13 (0.30) Switch to UPSTOX from your existing broker and avail Rs.2,000 as brokerage credit. Get the Deal !!! Route Mobile Ltd IPO will list on 21 Sep 2020. The opening and the closing date of IPO of Route Mobile Limited is Sep 9, 2020 and Sep 11, 2020. Let’s have a detailed review of the company and analytics of the Route Mobile IPO release date, IPO offer price, subscription, Route Mobile Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things. Here are a few reasons to invest. As per the subscription numbers, the basis of allotment Route Mobile will be updated soon. Asset ClassROI (Rs. Sharekhan: Open a Demat Account with Sharekhan & Get Free Advisory & Trade with Best Trading App Now! Zee Business Managing Editor Anil Singhvi suggests that investors should look at this IPO for listing gains or long term investments. Route Mobile is offering shares at a price band of ₹ 345-350 apiece. They provide cloud-communication platform as a service (“CPaaS”) to enterprises, over-the-top (“OTT”) players and mobile network operators (“MNOs”). Get the Deal !!! & more. The Route Mobile Limited IPO Grey Market Premium price is Rs 190-200, the Kostak rate is Rs 700 and the Subject to Sauda is 4000.Â. The opening and the closing date of IPO of Route Mobile Limited is Sep 9, 2020 and Sep 11, 2020. Route Mobile IPO – Reasons to Invest. Isi line me ek nayi IPO aane waali hai 9th september ko, jo 600 crore ki IPO hone waali hai aur 3 din, yaani – 9-11 September tak chalegi. Mrs Bectors IPO: HUGE HIT! Repayment or pre-payment, in full or part, of certain borrowings of their Company; For other IPO details on Route Mobile Ltd IPO… Meanwhile, the company on Tuesday said it has garnered Rs 180 crore from 15 anchor investors ahead of its initial share-sale offer that opens for public subscription on Wednesday. - Double your Investment in just 1 week, Route Mobile IPO is listed at 105% premium, check out the live share price by clicking on the below link, The Promoter of this company is Sandipkumar Gupta and Rajdipkumar Gupta. Route Mobile IPO Date Price. Get the Offer !!! What is … There are no listed entities in India whose business portfolio is comparable with that of their business. Important ITR message from CBDT - What I-T return filers should know, In chat with Anil Singhvi, MK Surana, CMD, HPCL says planning to increase focus on city gas distribution, PUBG Mobile India launch date: CONFUSION CLEARED! 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