Comparison between Exim Routes IPO and Value 360 Communications IPO.
Exim Routes IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Value 360 Communications IPO is a SME Bookbuilding proposed to list at NSE SME.
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Aikyam Capital Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Exim Routes IPO is up to ₹41.54 Cr whereas the issue size of the Value 360 Communications IPO is up to ₹39.60 Cr. The final issue price of Exim Routes IPO is ₹88.00 per share and of Value 360 Communications IPO is ₹98.00 per share.
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹88.00 per share | ₹98.00 per share |
| Issue Price (Final) | ₹88.00 per share | ₹98.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 47,20,000 shares | 36,15,600 shares |
| Fresh Issue Size (Amount) | up to ₹41.54 Cr | up to ₹35.43 Cr |
| OFS Issue Size | 0 shares | 4,24,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.16 Cr |
| Issue Size Total | 47,20,000 shares | 40,40,400 shares |
| Issue Size Total (Amount) | up to ₹41.54 Cr | up to ₹39.60 Cr |
Exim Routes IPO opens on Dec 12, 2025, while Value 360 Communications IPO opens on May 04, 2026. The closing date of Exim Routes IPO and Value 360 Communications IPO is Dec 16, 2025, and May 06, 2026, respectively.
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| Anchor Bid Date | Dec 11, 2025 | Apr 30, 2026 |
| Issue Open | Dec 12, 2025 | May 04, 2026 |
| Issue Close | Dec 16, 2025 | May 06, 2026 |
| Basis Of Allotment (Tentative) | Dec 17, 2025 | May 07, 2026 |
| Initiation of Refunds (Tentative) | Dec 18, 2025 | May 07, 2026 |
| Credit of Share (Tentative) | Dec 18, 2025 | May 08, 2026 |
| Listing date (Tentative) | Dec 19, 2025 | May 11, 2026 |
| Anchor Lockin End date 1 | Jan 16, 2026 | Jun 06, 2026 |
| Anchor Lockin End date 2 | Mar 17, 2026 | Aug 05, 2026 |
Exim Routes IPO P/E ratio is 16.04, as compared to Value 360 Communications IPO P/E ratio of 20.74.
| Exim Routes IPO | Value 360 Communications IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 71.35 | 81.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 52.44 | 59.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.04 | 20.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹165.02 Cr. | ₹157.68 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 53.14 | 22.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.53 | 34.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.20 | 0.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.49 | ₹4.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.28 | 23.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Exim Routes IPO Retail Individual Investors (RII) are offered 16,57,600 shares while in Value 360 Communications IPO retail investors are offered 16,57,600 shares. Qualified Institutional Buyers (QIB) are offered 9,40,800 shares in Exim Routes IPO and 72,000 shares in Value 360 Communications IPO.
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,11,200 shares | 0 shares |
| Market Maker Reservation | 2,49,600 shares | 2,13,600 shares |
| QIB | 9,40,800 shares | 72,000 shares |
| NII | 7,10,400 shares | 11,77,200 shares |
| RII | 16,57,600 shares | 27,91,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,20,000 shares | 40,40,400 shares |
Exim Routes IPO subscribed 10.67x in total, whereas Value 360 Communications IPO subscribed 1.20x.
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| QIB (times) | 19.11x | 17.00x |
| NII (times) | 22.43x | 1.24x |
| Big NII (times) | 27.73x | 1.33x |
| Small NII (times) | 12.02x | 1.07x |
| RII (times) | 9.94x | 0.77x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 10.67x | 1.20x |
