Route Mobile Ltd IPO Message Board (Page 31)

I dont know who is dilip davda ... such a hardworking person... for every ipo he gives honest review and he doesnt miss even sme ipo. Keep it up sir !! I hope he is doung well

another no brainer. apply min qty (40) in maximum demat accounts.

GMP - 220 to 245 !!!! Must apply

today grey market price ?

S.P.Tulsian has given ratings "AVOID". Hence apply blindly for listing as well as long term gains. My personal experience

Thats what i am saying. He is junk and non reliable advisor

SPT has also given "buy" call for Rossari biotech, Irctc, Affle India,etc Then it means those IPOs are "avoid"?

So I am telling don't quote SPT to decide anything.

red herring prospectus link is not working.

Can anyone please share the link of NEW RHP

Download from below link, but i am not sure this is official RHP

https://d2un9pqbzgw43g.cloudfront.net/main/RHP_oute_mobile_limited-R1P.pdf

Thank you :)

Grey market rate

Gmp
170 178

Grey market rate

ROUTE MOBILE IPO – Schedule *(FINAL)*

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 *(Tentative)*

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 *(Tentative)*
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 = 12.00L Forms = 8.40X Applic. wise (Avg allotment of ~5.00 shares per lot)
NII = 35K Crs. = ~388.89X

Interest cost *@7.50%p.a.* for 7days = 50.34paise for 1X

Thus, for NII the costing = 388.89 X 50.34paise = Rs.195.78 per share (= GMP)

And, for RII the costing = 5.00 X 195.78 = Rs.979/- (= Kostak)


ROUTE MOBILE IPO – *GMP Estimated*
GMP 200 +/- 2
Kostak 950 +/- 25

Thanks a ton Har Jeet sir ....it helped

Thank you @Eagleye madam

I believe it is just the hype that being created around tech companies. Of course post covid world,tech companies would benefit but one can still wait to buy at lower prices. Patience holds the key. One can definitely apply for listing gains. But people going long on route mobile or happiest minds, there is my opinion these will be available at 20 to 30 percent discount to issue price. So take listing gains and wait patiently.

Apapa is in Lagos ...
Are you from Nigeria ?

@Eagle Eye- (23.1) Apapa is a Port in Lagos. Your knowledge is appreciable. ????????????????

I want to invest in upcoming IPOs for long term holdings please suggest me best of 3 in coming months IPOs September and October

Happiest
RouteM
CAMS
UTI
Angel

@Ranveer, why you want to restrict to 3 IPOs only? If you have fund for 3 IPOs , then you can rotate your to fund to apply all the 6 IPOs.

I would suggest apply all 6. All are good...

Expert Advice on Vodafone Idea


Holding huge quantity ....@4.5/-

Now confused.....

Please please

Thanks in advance

140000 shares...

Vodafone Idea to make a strategic announcement at 11:45 am on September 7

Pl suggest me for apply minor ipo asba application which bank allowed.

Kotak bank

170 178

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I believe the company has a great future because it is among the leading CPaaS providers to enterprises, OTT players and MNOs. They were ranked 2nd globally as a tier 1 A2P service provider for 2017 (Source: ROCCO Report 2017). Being an associate member of the
GSMA and an accredited open hub connectivity solution provider allows them to manage both A2P and P2P traffic for enterprises and MNOs. It has Global connectivity through established relationships with MNOs...great potential big thumbs up for the IPO .....

Gmp 170 178
Jaipur

Majority income comes from us so kept in mind.

In stock valuations:

Wrong assumptions lead to the wrong conclusions.