Route Mobile IPO Details

Issue Open Sep 9, 2020
Issue Close Sep 11, 2020
IPO Price ₹350
Face Value ₹10
IPO Size ₹600.00 Cr
Listing At BSE, NSE
IPO Lot Size 40

Route Mobile IPO Schedule

  • Bid/Offer Opens On: Sep 9, 2020
  • Bid/Offer Closes On: Sep 11, 2020
  • Finalization of Basis of Allotment: Sep 16, 2020
  • Initiation of refunds: Sep 17, 2020
  • Credit of Equity Shares: Sep 18, 2020
  • Listing Date: Sep 21, 2020

Check Route Mobile IPO allotment status online by clicking the button below. If you have difficulties finding the Route Mobile Ltd IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Route Mobile IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Route Mobile Ltd IPO, check the 'basis of allotment' document.

Route Mobile IPO Allotment FAQs

  1. 1. When is Route Mobile IPO allotment expected?

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

  2. 2. How to check Route Mobile IPO Allotment Status?

    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
  3. 3. What is the expected listing price of the Route Mobile IPO?

    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.

  4. 4. Where to check Route Mobile IPO allotment status?

    Route Mobile IPO allotment status is expected on Sep 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.

  5. 5. On what basis Route Mobile IPO shares are allotted to retail investors?

    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.

  6. 6. When will Route Mobile IPO get listed?

    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.
  7. 7. Why I didn't get allotment in Route Mobile IPO?

    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).
  8. 8. When Route Mobile IPO is coming?

    The Route Mobile IPO will open for bidding on Sep 9, 2020. The IPO application closes on Sep 11, 2020.


1 Comments

Prakash Kamath
1. Prakash Kamath  Sep 17, 2020 23:16 I Like It. | Report Abuse Reply 0
I got allotment of 1 lot, however BHIM UPI payment got failed, not sure what could be the reason. Does any other faced this issue?








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