Route Mobile Ltd IPO Message Board (Page 32)

170

150-200 rs minimum premium this ipo. avoid happiest ipo. happiest ipo good but chance of allotment less.

ROUTE MOBILE IPO – Schedule *(Tentative)*

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

Seller 220

Is this confirmed??? Opening early???

https://www.moneycontrol.com/news/business/ipo/route-mobiles-rs-600-crore-ipo-to-open-next-week-5793701.html

Even if one or two ipo delay dates, it will be very difficult to allocate funds for all above ipos

Sorry..

Chemcon Speciality Chemical
350 Cr. (11-Sep-20)

As per DRHP in this IPO also Retail category Not more than 10% of the Offer size like happiest mind IPO.

ROUTE MOBILE IPO – Schedule *(Tentative)*

09th Sept – Announcement of Price Band
11th Sept – Anchor Investors Allotment
14th Sept – Offer Opens
16th Sept – Offer Closes
21st Sept – Finalisation of Basis of Allotment
22nd Sept – Unblocking of ASBA Accounts
23rd Sept – Credit of Equity Shares to Depository Accounts
24th Sept – Commencement of Trading


ROUTE MOBILE IPO – Issue Information *(Tentative)*

Issue Opens on: 14 September 2020
Issue Closes on: 16 September 2020
Issue Type: Book Built Issue IPO
Issue Size: 1,62,16,215 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.350 – Rs.370 per Share *(Tentative)*
Discount: NIL
Market Lot: 40 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 5,00,00,000 Shares
Fresh Issue of 64,86,486 Shares @370/- = Rs.240.00Crs
Offer for Sale of 97,29,729 Shares @370/- = Rs.360Crs
Equity Shares outstanding after the Issue = 5,64,86,486 Shares

Category-wise Break up:
Anchor – 48,64,865 Shares = 180.00Crs
QIB – 32,43,243 Shares = 120.00Crs
NII – 24,32,432 Shares = 90.00Crs
RII – 56,75,675 Shares = 210.00Crs (Lot size: 40 = 1,41,892 Forms)
Total Issue – 1,62,16,215 Shares = 600.00Crs.

Subscription required for 1X
RII = 1,41,892 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.09.70 (Page #93 of new DRHP)
EPS for H118-19 >>> Rs.11.43 (Page #93 of new DRHP)

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 >>> 28.41% (Page #94 of new DRHP)
RoNW for FY18-19 >>> 25.65% (Page #94 of new DRHP)

NAV as on March 31, 2019 was Rs.44.56 (Page #94 of new DRHP)

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

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

RII = 12.00L Forms = 8.46X Applic. wise (Avg allotment of ~4.73 shares per lot)
NII = 20K Crs. = ~222.22X

Interest cost *@7.50%p.a.* for 7days = 53.22paise for 1X

Thus, for NII the costing = 222.22 X 53.22paise = Rs118.26 per share (= GMP)

And, for RII the costing = 4.73 X 118,26 = Rs.559/- (= Kostak)


ROUTE MOBILE IPO – *GMP Estimated*
GMP 120 +/- 2
Kostak 550 +/- 25

Drhp say retail 10%

Then how u say retail 210 cr

What the hell is this... Results till Sept-2017 only???????

Greedy promoters.. trying to launch ipo since 3 years...hence these numbers are old from DRHP...

PLS CHECK THIS LINK FOR 2018 & 2019 RESULT. https://www.routemobile.com/wp-content/uploads/2019/09/Route_Mobile_Ltd_FY_2018_19.pdf

CAMS
UTI
Mindtree
Above looks good bet.... All three recently got approval of SEBI...

Below are looking greedy promoters want to take market high advantage
RouteM
Angel
Chemcon

But now market is in correction mode...will all these 6 going to open in September is big Q....

Happiest Mind***

hiii

KITNE IPO AAYENGE EK SATH. KISME BHARENGE PHIR PESE?

6 ipos in less than 20 days. Many retailers have to decide for which one to go

5 IPO IN NEXT MONTH?

It's Not 5.
Total 6 IPOs in the coming month.

CHEMCON SPECIALITY CHEMICALS IPO ON 12 SEPT

12sept is sat..

Tentative Date 11 Sep

Dear admin please suggest priority as so many IPOs come together

Dear admin please suggest priority as no.of IPOs come together

MARCH 2019 PROFIT: 897.07, MARCH 2018 PROFIT : 1094.31 LAKH,
CHECK IN THIS PDF. https://www.routemobile.com/wp-content/uploads/2019/09/Route_Mobile_Ltd_FY_2018_19.pdf

Another ipo in September. There are many ipos in September