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Key Facts (As of June 2020):
- 318 Employees - 18 locations across Africa, Asia Pacific, Europe, the Middle East, and North America. - Served 30150+ clients globally - 2.5+ Billion Messages per month in fiscal 2020 - 31+ Billion Billable transactions in fiscal 2020 - 800+ Network Operators - 240+ Direct Connections or "Super Networks" - 6 Strategically Located Data Centers. - 4 Short Message Service Centers Competitive Strengths 1. Leading cloud communications service provider offering CPaaS. 2. Omnichannel Platform for easy campaign scheduling and reporting. 3. Easy to use the console to plan, deploy & monitor campaigns. 4. Global & Local customization expertise. 5. Consultative and Lean approach for better customer engagement.Sandipkumar Gupta and Rajdipkumar Gupta are the promoters of the company.
| Particulars | For the year/period ended (Rs in Million) | ||||
|---|---|---|---|---|---|
| 30-June-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 6,348.31 | 6,265.48 | 5,057.81 | 4,473.66 | |
| Total Revenue | 3,122.95 | 9,681.02 | 8,523.77 | 5,094.85 | |
| Profit After Tax | 269.34 | 691.02 | 545.32 | 466.77 | |
The company proposes to utilise the Net Proceeds towards funding the following objects:
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; and
4. General corporate purposes.
| IPO Opening Date | Sep 9, 2020 |
| IPO Closing Date | Sep 11, 2020 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹345 to ₹350 per equity share |
| Market Lot | 40 Shares |
| Min Order Quantity | 40 Shares |
| Listing At | BSE, NSE |
| Issue Size | 17,391,303 Eq Shares of ₹10 (aggregating up to ₹600.00 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹240.00 Cr) |
| Offer for Sale | [.] Eq Shares of ₹10 (aggregating up to ₹360.00 Cr) |
The Route Mobile IPO open date is Sep 9, 2020, and the close date is Sep 11, 2020. The issue may list on Sep 21, 2020.
| IPO Open Date | Sep 9, 2020 |
| IPO Close Date | Sep 11, 2020 |
| Basis of Allotment Date | Sep 16, 2020 |
| Initiation of Refunds | Sep 17, 2020 |
| Credit of Shares to Demat Account | Sep 18, 2020 |
| IPO Listing Date | Sep 21, 2020 |
The Route Mobile IPO market lot size is 40 shares. A retail-individual investor can apply for up to 14 lots (560 shares or ₹196,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 40 | ₹14,000 |
| Maximum | 14 | 560 | ₹196,000 |
| Pre Issue Share Holding | 96% |
| Post Issue Share Holding | 66.33% |
The Percentage of Offer Size available for Allotment/allocation:
The Route Mobile IPO is subscribed 73.30 times on Sep 11, 2020 17:00. The public issue subscribed 12.67 in the retail category, 89.76 in the QIB category, and 192.81 in the NII category. Check Day by Day Subscription Details (Live Status)
Application Wise IPO Subscription (Retail): 1516451 times
| Category | Subscription (times) |
|---|---|
| QIB | 89.76 |
| NII | 192.81 |
| RII | 12.67 |
| Total | 73.30 |
| Listing Date | Monday, September 21, 2020 |
| BSE Script Code | 543228 |
| NSE Symbol | ROUTE |
| Listing In | B Group of Securities |
| ISIN | INE450U01017 |
| IPO Price | ₹350 per equity share |
| Face Value | ₹10 per equity share |
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Route Mobile Ltd
4th Dimension, 3rd Floor
Mind Space, Malad (West)
Mumbai 400 064
Phone: +91 22 4033 7676
Email: investors@routemobile.com
Website: http://www.routemobile.com/
KFintech Private Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
Route Mobile IPO is a main-board IPO of 17,391,303 equity shares of the face value of ₹10 aggregating up to ₹600.00 Crores. The issue is priced at ₹345 to ₹350 per equity share. The minimum order quantity is 40 Shares.
The IPO opens on Sep 9, 2020, and closes on Sep 11, 2020.
KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Route Mobile IPO using UPI as a payment gateway. Zerodha customers can apply in Route Mobile IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Route Mobile IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Route Mobile IPO opens on Sep 9, 2020 and closes on Sep 11, 2020.
Route Mobile IPO lot size is 40 Shares and the minimum order quantity is 40 Shares.
You can apply in Route Mobile IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Route Mobile IPO will be done on Sep 16, 2020, and the allotted shares will be credited to your demat account by Sep 18, 2020. Check the Route Mobile IPO allotment status.
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