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Route Mobile IPO Subscription Details (Live Status)

Route Mobile IPO Details

IPO Open Sep 9, 2020
IPO Close Sep 11, 2020
IPO Price ₹350
Face Value ₹10
IPO Size ₹600.00 Cr
Listing At BSE, NSE
Lot Size 40
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Route Mobile IPO Subscription Status Live

Route Mobile IPO subscribed 73.30 times. The public issue subscribed 12.67 times in the retail category, 89.76 times in QIB, and 192.81 times in the NII category by Sep 11, 2020.

Application Wise IPO Subscription (Retail): 1516451 times

Investor CategorySubscription (times)
Qualified Institutions89.76
Non-Institutional Buyers192.81
Retail Investors12.67
Employees[.]
Others[.]
Total73.30

Route Mobile IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Sep 9, 2020
0.010.461.801.00
Day 2
Sep 10, 2020
1.252.046.714.15
Day 3
Sep 11, 2020
89.76192.8112.6773.30

Route Mobile IPO Shares Offered

Route Mobile IPO is a public issue of 12,173,912 equity shares. The issue offers 6,086,957 shares to retail investors, 3,478,259 shares to qualified institutional buyers, and 2,608,696 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB3,478,259121.7428.57%
NII2,608,69691.3021.43%
Retail6,086,957213.0450.00%
Total12,173,912426.09100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Route Mobile IPO Subscription FAQs

The Route Mobile IPO is subscribed 73.30 by Sep 11, 2020.

Route Mobile IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional89.76
Non Institutional192.81
Retail Individual12.67
Employee Reservations[.]
Others[.]
Total Subscription73.30

Retail category of Route Mobile IPO subscribed 12.67 times as of date Sep 11, 2020. The public issue closes on Sep 11, 2020 for bidding.

An investor can apply in Route Mobile IPO online via bank (using ASBA) or the broker (using UPI). The Route Mobile IPO shares are offered online only.

The Route Mobile IPO is subscribed 73.30 by Sep 11, 2020.

The Route Mobile IPO allotment status is expected on or around Sep 16, 2020. Visit Route Mobile IPO allotment status to check.

The Route Mobile IPO listing date is Monday, September 21, 2020. The equity share of Route Mobile Ltd will list on BSE, NSE.

Visit Route Mobile IPO subscription status page for real-time bidding information about Route Mobile IPO.

Route Mobile IPO Timetable

IPO Opens OnSep 9, 2020
IPO Closes OnSep 11, 2020
Finalisation of Basis of AllotmentSep 16, 2020
Initiation of RefundsSep 17, 2020
Credit of Shares to Demat AccountSep 18, 2020
IPO Listing DateSep 21, 2020

4 Comments

4. shanmaheshwari  
3/5 ROOT MOBILE .FEELING LUCKY
3. Ankitkumarv  
Rml ka gmp Kya chal raha hai ? Happiest to nahi laga .
2. Rajendra Prasad  
is this IPO Good to subscribe?
2.1. IPO Jackpot  
Good but it is closed for subscription now.
1. Rajendra Prasad  
is this IPO good to subscribe?