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IPO Snapshot    
Route Mobile Ltd.
Issue Open Date 09-Sep-20  
Issue Closing Date 11-Sep-20  
Application Money 100  
Allotment Money  
Price Band 345 - 350  
Minimium Application No. 40  
Issue Size (Shares) 17391303  
Market Lot 1.00  
Objective
1. Repayment or pre-payment, in full or part, of certain borrowings of our Company;2. Acquisitions and other strategic initiatives;3. Purchase of office premises in Mumbai; and4. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2608696   502991040   192.81  
Qualified Institutional Buyers   3478259   312221040   89.76  
Retail Individual Investors   6086957   77129000   12.67  
Business Description
Promoter's Holding
Total Share Capital   48000000  
Offered to Public   17391303  
Promoter's Holding (Pre-Issue)   96  
Promoter's Holding (Post-Issue)   66.33  
Address
4th Dimension
3rd Floor
Mind Space
Malad (West)
Mumbai ,
Maharashtra ,
400064
Phone: 022-40337676 / 77-99
Email: info@routemobile.com / investors@routemobile.com
Website: www.routemobile.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
Edelweiss Financial Services Ltd
ICICI Securities Ltd
IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)
Promoters
Rajdipkumar Gupta
Sandipkumar Gupta
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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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