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Route Mobile Limited IPO Subscription Status

📅Offer Date: 09 Sept 2020 – 11 Sept 2020

Minimum investment
₹14,00040 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total73.30x
QIB89.76x
NII192.81x
Retail12.67x

Route Mobile Limited IPO was subscribed 73.30x in total when bidding closed on 11 Sept 2020, with 89.76x in the QIB category, 192.81x in NII, 12.67x in retail. The issue ran from 09 Sept 2020 to 11 Sept 2020 at a price band of ₹345.00–₹350.00 per share.

QIB89.76xNII192.81xRetail12.67xTotal73.30x1×

Times subscribed by category against the 1× line.

13
≈ 1 in 13 retail allotment
low allotment chance

Based on retail subscription (12.67x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs34,78,25931,22,08,52889.76x
NIIs26,08,69650,29,82,676192.81x
Retail60,86,9577,71,21,74512.67x
Total1,21,73,91289,23,47,75073.30x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs121.7410927.3089.76x
NIIs91.3017604.39192.81x
Retail213.042699.2612.67x
Total426.0931230.9573.30x

Values derived from share count × issue price (₹350.00)

What this means for allotment & listing

Because Route Mobile Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Route Mobile Limited IPO subscription FAQs