Route Mobile Ltd IPO Message Board (Page 28)

HDFC net banking working now. Just applied my bid through HDFC securities under retail category.
Fingers crossed :)

Can I Know how much Profit or Loss In Route Mobile LTD IPO

I think it will disappoint like SBI Cards

How can I apply through Union Bank ASBA

Why is there a low response interms of subscription from retail investors? Is it because most of them have blocked their money in HMT?

Sir
Help me

I have 3 different demat account and I apply asba through 1 sbi account ??

sure , for each sbi account ,you can apply for 5 demat accounts

Okh
If all the demat account are on one person's name then just apply from one demat but if all the 3 demat belongs to different people then u can apply from all the three account.

For ASBA through SBI a max of 5 application can be submitted.

Dear Admin/experts,
Can we also apply 5 application from AXIS ASBA last time in SBI CARDS IPO I didn't get any allotment from 10 application from AXIS BANK ASBA (2AXIS A/C*5 APPLICATION) and get 27 out of 30 through SBI ASBA (6SBI A/C*5APPLICATIONS). The status of allotment was also there at the time of allotment as NIL.

Dear Sir,
The allotment chances have nothing to do with how you apply in an IPO as long as your IPO application is successfully submitted to the exchange by the bank/broker.

In the case of over-subscription, the allotment in retail is done through a lottery. There is no pattern or any other way to get sure shot allotment in this case.

Dear Admin,
Thanks for the valuable information.

How to apply ipo through ICICI net banking.

Go to invest option

How to apply ipo through ICICI net banking.

Dear Admin, when I like any comment, why it is showing thanks for reporting?

Thankyou Team Chittorgarh . Problem has been addressed

Thank you Admin

How many applications can I apply from by bank of baroda ASBA?

Can 5 different demat applications be made from the same bank account through ASBA?

@ray

Yes.

Nice both ipo

Hdfc bank bakvas survive for both ook

IPO gurus please answer my doubt: How does the allocation happen for HNI category in case of over subscription? Is there a lottery for HNI category also?

When IPO is oversubscribed,
For QIB & NII category - Proportionate basis
For Retail category - Lottery basis

(To answer your question, HNI's if investing more than 2L falls under NII category and hence allotment will be proportionate considering over subscription)

Sir, an example would help me understand better.

Hi,
Is any one facing issue with HDFC bank, I can't see the IPO there.
Please let me know.

Thanks

Yes.. Everytime HDFC netbanking has this issue. Check tomorrow morning.

Gmp 168 174

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ROUTE MOBILE IPO – Schedule *(Page #400 of RHP)*

04th Sept – Announcement of Price Band
08th Sept – Anchor Investors Allotment
09th Sept – Offer Opens
11th Sept – Offer Closes
16th Sept – Finalisation of Basis of Allotment
17th Sept – Unblocking of ASBA Accounts
18th Sept – Credit of Equity Shares to Depository Accounts
21st Sept – Commencement of Trading


ROUTE MOBILE IPO – Issue Information *(Final)*

Issue Opens on: 09 September 2020
Issue Closes on: 11 September 2020
Issue Type: Book Built Issue IPO
Issue Size: 1,71,42,856 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.345 – Rs.350 per Share
Discount: NIL
Market Lot: 42 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 5,00,00,000 Shares
Fresh Issue of 68,57,142 Shares @350/- = Rs.240.00Crs
Offer for Sale of 1,02,85,714 Shares @350/- = Rs.360Crs
Equity Shares outstanding after the Issue = 5,68,57,142 Shares

Category-wise Break up:
Anchor – 51,42,857 Shares = 180.00Crs
QIB – 34,28,571 Shares = 120.00Crs
NII – 25,71,428 Shares = 90.00Crs
RII – 60,00,000 Shares = 210.00Crs (Lot size: 42 = 1,42,857 Forms)
Total Issue – 1,71,42,856 Shares = 600.00Crs.

Subscription required for 1X
RII = 1,42,857 Forms
NII = 90.00 Crs


ROUTE MOBILE IPO – Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.02.17 (Page #103 of old DRHP)
EPS for FY15-16 >>> Rs.12.55 (Page #103 of old DRHP)
EPS for FY16-17 >>> Rs.12.14 (Page #93 of new DRHP)
EPS for FY17-18 >>> Rs.09.57 (Page #94 of RHP)
EPS for FY18-19 >>> Rs.11.19 (Page #94 of RHP)
EPS for FY19-20 >>> Rs.13.83 (Page #94 of RHP)
EPS for Q120-21 >>> Rs.5.42 (Page #94 of RHP)

RoNW for FY14-15 >>> 32.37% (Page #104 of old DRHP)
RoNW for FY15-16 >>> 89.12% (Page #104 of old DRHP)
RoNW for FY16-17 >>> 47.85% (Page #94 of new DRHP)
RoNW for FY17-18 >>> 29.74% (Page #95 of RHP)
RoNW for FY18-19 >>> 25.42% (Page #95 of RHP)
RoNW for FY19-20 >>> 25.58% (Page #95 of RHP)
RoNW for Q120-21 >>> 09.12% (Page #95 of RHP)


NAV as on June 30, 2020 was Rs.59.40 (Page #95 of RHP)

Listed Industry Peer Group (Page #95 of new DRHP): NONE


ROUTE MOBILE IPO – *Market’s Current Estimates of oversubscription*:

RII = 15.00L Forms = 10.50X Applic. wise (Avg allotment of ~4.00 shares per lot)
NII = 25K Crs. = ~277.78X

Interest cost *@7.00%p.a.* for 7days = 46.99paise for 1X

Thus, for NII the costing = 277.78 X 46.99paise = Rs.130.52 per share (= GMP)

And, for RII the costing = 4.00 X 130.52 = Rs.522/- (= Kostak)


ROUTE MOBILE IPO – *GMP Estimated*
GMP 170 +/- 1
Kostak 675 +/- 25

@egleye
you mentioned 42 share in one lot again and again why?

Kindly update lot size as 40. People will confuse and may make error while applyi IPO.

Anyone facing issue in HDFC bank, No IPO shown there.

Check tomm HDFC having issues on ist day in every IPO

Hi Experts,

Q1: How can we apply in NII?
Q2: Should we apply in RII or HNI? What would be better to get higher chances of allocations?Pls explain.

Thanks in advance.

Ans-1 Yes
Ans-2 Better chance in RII , Current scenario this ipo subscribe More than 100 time in NII .If u apply 100 Lot(100×14000) u get 1 lot

ROUTE MOBILE IPO ASBA ONLINE FORMS ARE NOT DISPLAYING FULL DETAILS IN APPLICATION FORMS WE FILLED ON BSEINDIA. IS THEIR ANY ANOTHER SITE FOR ONLINE APPLICATION OF ASBA FORMS... ???

*ROUTE MOBILE IPO*
*1ST DAY SUBS.FIGURE AT 05:00 P.M.*
QIB 0.01X**
NII 0.46X
RII 1.83X
*OVERALL 1.02X*
**Excluding Anchor
Total No.of RET.FORMS : 2,14,234/1,50,000
*Apps Wise : 1.43X*