Route Mobile IPO Allotment Status Online

The Route Mobile IPO allotment status will be available on September 16, 2020, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Route Mobile IPO allotment status online:

• Visit the Route Mobile IPO allotment status page.
• Click on the green Route Mobile IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Route Mobile IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Route Mobile IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Route Mobile IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Route Mobile IPO allotment status is expected on September 16, 2020. Click the green button Route Mobile IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Route Mobile IPO oversubscribed in the retail category, the Route Mobile IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Route Mobile IPO shares will get listed on Monday, September 21, 2020. The equity share of Route Mobile Ltd will list on BSE, NSE.

The reason you didn't get the Route Mobile IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).