Gmp is steady.. GMP Rs. Double bill on IPO street - Route Mobile & Happiest Minds get the fireworks going. On 4  Sept 2020  @ 9.00pm *Global connectivity through established relationships with MNOs; Earnings per Share 2016-17 Rs 12.13 Sandipkumar Gupta & if you have less risk capacity then I suggest go for half application only. IPO is good. Better to use asba upto it is available, Bcs in upi, sometime application seems accepted but may not acccdepted in exchange, and i have bed news that about not reseased till 15 days . It offers a range of cloud-communication services to clients across diverse sectors including banking and financial services, aviation, retail, e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceuticals and telecom. Note : Route Mobile IPO Market Lot:. I received e-mail from Prabhudas Liladhar for the upi news. Its clients include some of the world’s largest and well-known organisations, including a number of Fortune Global 500 companies.Route Mobile is ranked second globally as a tier 1 application-to-peer (“A2P”) service provider in 2017. Its EBITDA for Fiscal 2015, 2016 and 2017 and in the six months ended September 30, 2017 was Rs 202.92 million, Rs 838.56 million, Rs 873.52 million and Rs 365.38 million and its EBITDA margins for the same periods was 15.14%, 22.55%, 18.86% and 18.88%, respectively. Its range of services include messaging, voice, email and SMS filtering, analytics and monetization. Analysts said a strong debut for Route, which had been subscribed 73.3 times, would set IPO market on fire. GMP Rs. You can apply Route Mobile IPO via ASBA online via your bank account. http://chanakyanipothi.com/route-mobile-ipo-estimate-of-listing-price/. September 8, 2020 IPO Review Route Mobile brokerage views, Route Mobile IPO GMP [email protected] This post on Route Mobile IPO attempts to bring out consolidated brokerage views , subscription information, Grey Market Premium (GMP) and anchor investor information where applicable. Market Wizard. Route Mobile IPO GMP. 195 Let’s check out the latest Route Mobile IPO GMP (Grey Market Premium), Kostak rates and Subject to Sauda rates here. you can see all day GMP on IPO GMP section. ? 234 On 17 Sept  2020 @ 5.00 pm 9 Sept 20 – Offer Opens 200 There are no listed entities in India whose business portfolio is comparable with that of this company. Total No.of Application Approx : 1516451 Retail Subscription on the basis of Apps : 10.11 times, Admin please update latest application wise subscription, Total No.of Application Approx : 1461241 At the upper limit of this grey market premium (GMP), it would mean a 89 per cent listing pop for Route Mobile. 195 Route Mobile IPO is going to hit the market on 09 September 2020 and closes on 11 September 2020. GMP Rs. Ahead of the IPO, the … Route Mobile is among the leading cloud-communication platform service providers to enterprises, over-the-top (“OTT”) players and mobile network operators. GMP is going down daily. front can lead to market down. SBI Mutual Fund, SBI Life Insurance, Goldman Sachs, ICIC Prudential, Franklin Templeton, Kuwait Investment Authority, Vantage Equity, and Axis Mutual Fund among 15 investors participated for the anchor book, Subscription Trend Investment in Route Mobile (UK) Limited for repayment / prepayment of the loan availed from Deutsche Bank AG; NSE Emerge IPOs; BSE SME IPOs ... (5 application) and route mobile (5 application) plz guide. Route Mobile IPO … CAMS IPO - Open & Listing Date, Price, News, DRHP, RHP , Subscription, Allotment and GMP. Subject to Rates ( SbT) : Rs. September 13, 2020 6:11 pm. Consistent with its strategy of pursuing inorganic growth to develop a wider set of enterprise clients and broaden its product and service portfolio, it has recently acquired 365squared Limited, which operates in SMS filtering, analytics and monetization. Route Mobile IPO description – Route Mobile offers cloud-communication platform as a service (CPaaS) to enterprises, over-the-top (OTT) players and mobile network operators (MNOs). QIB 50%, Shares = INR ?Crs The Offer consists of a Fresh Issue of Equity Shares and an Offer for Sale . Here are a few reasons to invest. NII 2,608,696 Shares : 192.81 Times 215 Fans Like. What is the Kostak price of Route Mobile Ltd IPO? Its revenue from the operations were Rs 1,318.26 million, Rs 3,673.90 million, Rs 4,575.81 million and Rs 1,918.47 million in Fiscal 2015, 2016 and 2017 and in the six months ended September 30, 2017, respectively. Subject to Rates : Rs. @ipo king On 15 Sept  2020 @ 12.00 noon So will take risk.. On 5  Sept 2020  @ 5.00 pm The information collated from various sources and reports in public domain can help investors to decide whether they should subscribe to Route Mobile IPO or not. NII 15%,Shares = INR ?Crs However, if u applied 1 lot each in 10 different account application then still subscription is 10 times overall but now app.wise also it is 10 times. Why there is a difference? Subject to Rates : Rs. If Subscription figure QIB > 10x and HNI > 20x Basis of Allotment: 16 September 2020 Refunds: 17 September 2020 Credit to Demat accounts: 18 September 2020 Listing: 21 September 2020 Route Mobile IPO Form: 10 Submission of physical form with cheque/DD is scraped but blocking of fund directly from bank a/c under ASBA is still allowed. 240 crore Route Mobile, a cloud communications service provider, will launch its initial public offering next week to raise an estimated Rs 600 crore, merchant banking sources said on Thursday. 5. 360 crore, by the promoters, in … What is the Subject to Sauda price for Route Mobile Ltd IPO? Sep 08 2020, 3:21 PM Sep 08 2020, 3:21 PM September 08 2020, 3:21 PM September 08 2020, 3:21 PM. On 16 Sept  2020 @ 12.00 noon Subject to Rates : Rs. On 16 Sept  2020 @ 6.00 pm Subject to Rates : Rs. It is also ranked first for ‘value added services’ provided, its ‘implementation process’ and its ‘uptime performance’. Subject to Rates ( SbT) : Rs. 10 each, comprising a fresh issue of up to Rs.240 crore and an offer for sale (OFS) of up to Rs. Face Value per share : Rs. Don't know how Prabhudas people interpreted it wrong? The company has novel business and with its past track record, the IPO is expected  to get strong listing. Main Business is with Foreign Countries, Tough allotment. At the upper limit of this grey market premium (GMP), it would mean a 89 per cent listing pop for Route Mobile. So retail is 10.11 times. GMP Rs. 1. Route Mobile IPO Open Date, Price Band, GMP, Review & Allotment... Narayanan Srinathan-September 6, 2020 0. Earnings per Share 2018-19 Rs ? Mobile Operator: Services in this segment include SMS analytics, firewall, filtering, monetization, and CPaaS, and hubbing solutions. Offer for Sale : Rs. GMP Rs. GMP Rs. We can expect around 50% listing gain if market stays normal, no bad news till listing! Karvy Computershare Private Limited. Company is Good, It may imorove tomorrow after subscription. The company provides cloud – communication service to enterprises, OTT Players and mobile network operators. Subject to Rates : Rs. Apply with bank or stock broker app. 640. Let’s get the complete review of Route Mobile business overview, IPO dates, Route Mobile IPO allotment, subscription, company financials, and … 345-350/-Rs. Shares offered to As of December 31, 2017, its global operations included eight direct and seven step-down subsidiaries serving its clients through 15 locations across Africa, Asia Pacific, Europe, Middle East and North America. Only WhatsApp. But this company Route Mobile has good potential in present market condition, chances of this IPO opening in RED is rare. Route Mobile IPO Subscription Details (Day by Day) Route Mobile IPO subscribed 73.30 times.Route Mobile IPO received bids for 12.67 times issue size in retail, 89.76 times issue size in QIB, and 192.81 times issue size in the Non-institutional category by Sep 11, 2020 17:00. We have established direct relationships with MNOs that provide its clients with global connectivity. and if you have some risk capacity you can go ahead with all application. The company operates in 3 business verticals: The Rs 600-crore public offer of Route Mobile, a cloud communications service provider, received bids for 1,22,31,600 shares as against the total issue size of 1,21,73,912 shares, according to data available with the NSE.Get latest Finance online at cnbctv18.com Subject to Rates ( SbT) : Rs. GMP 127 +/- 1 As of December 31, 2017, its global operations included eight direct and seven step-down subsidiaries serving its clients through 15 locations across Africa, Asia Pacific, Europe, Middle East and North America. It offers a range of cloud-communication services to clients across diverse sectors including banking and financial services, aviation, retail, e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceuticals and telecom. @admin can we sell alloted share of ipo on same day or it req.margin money according to new rule, @admin what expectancy of retail subscription. Shares: Minimum 40 Shares & Maximum 560 Shares; Minimum Amount: ₹14,000 Maximum Amount: ₹196,000 Route Mobile IPO Allotment & Listing:. RII 35%,Shares = INR ?Crs (Lot size: 20 = ? The promoters of Route Mobile Limited : The profit after tax, for the same periods was Rs 108.53 million, Rs 627.36 million, Rs 606.30 million and Rs 271.13 million, respectively. Route Mobile IPO opens on Sept 9; price band set at Rs 345-350 The issue will close on September 11 while the investment by anchor investors will be finalised on September 8. GMP Rs. Join Route Mobile IPO discussion here. Registered Office of Route Mobile Limited: Acquisitions and other strategic initiatives; Application :800 3500 As per the current speculations the GMP is going down from the high of 225 to 190 and it might further slip as the subscription from QIB and HNI not support but still … I am applying, bcs if i fill all, will get 6-7. 142 Followers Follow - Advertisement - MOST POPULAR. Since we now get allotment based on lottery system (earlier it was pro rata allotment), app.wise subscription is important than overall subscription. 275/280 To read detailed discussion, click Pratik Joshi, 215-220 @admin Maharashtra, India. Enterprise: The Company provides a cloud-communication platform as a service to enterprises, over-the-top players, and mobile network operators around the world. GMP 60 +/- 2 Allotted Applications : Rs. Our range of enterprise communication services includes smart solutions in Messaging, Voice, Email, and SMS Filtering, Analytics & Monetization. Forms) Motilal Oswal Investment Advisors Ltd 3rd Floor, Mind Space, … Company's MD was just LIVE on Zee Business, On 10  Sept 2020 @3.00 pm 4. Categories IPO GMP Tags Route Mobile GMP, Route Mobile IPO Leave a comment. As of December 31, 2017, it had direct relationships with over 230 MNOs and four short messaging service centres hosted in various geographies across the globe. GMP Rs. 475 Next up, the GMP is showing handsome gains. Anu, for e.g If u applied 10 lots in 1 application, the opp would show 10 times subscription but app.wise it is only 1 time subscribed. GMP Rs. 81 Followers Follow. ASBA is still available for Retail Investors. On 2 Sept 2020  @ 12.00 Noon 07 Sep/20. Route Mobile IPO to open on September 09 to 11, 2020. it should be on the same day. They provide cloud-communication platform as a service (“CPaaS”) to enterprises, over-the-top (“OTT”) players and mobile network operators (“MNOs”). There is always risk factor involved in equity market and chance of volatility is always their. Application : Rs 400 218 Fans Like. Route Mobile will be list with a healthy premium. 80 Followers Follow. retail will close near to 6-7 times. Dec 15 2020. Congratulations, the IPO segment is back to life 9000 ( less trades) SO must APPLY. 9000 ( less trades) I'M SOCIAL. IPO Closes on : 11 September 2020 345-350 per share. Lead Managers of Route Mobile Limited: On 19 Sept  2020 @ 5.00 pm Main object of the issue of Route Mobile Limited: The company ranked second globally as a tier 1 application-to-peer (A2P) service provider in 2017. Route Mobile Limited IPO Allotment Status Details, Happiest Minds Technologies Limited IPO Allotment Status Details, Rossari Biotech Ltd IPO Allotment Status Details, SBI Cards and Payment Services Limited IPO Allotment Status Details. Pls add detail of CAMS, CHEMCON SPECIALITY CHEMICALS, ANGEL BROKING IPO also. 11 Sept 20 – Offer Closes Find ipo date, price, subscription, live allotment, market. 2. 560 to 600 and during the intraday trade, the scrip can go up to Rs. Its clients include some of the world’s largest and well-known organisations, including a number of Fortune Global 500 companies. Next up, the GMP is showing handsome gains. GMP Rs. 0 In this article, you will get every detail of Route Mobile IPO like a Review of this IPO, the Latest price band, allotment status, GMP (grey market premium), and lots more. Last updated. Thursday. Return on Net Worth: 17-18 ? Route Mobile IPO opens on Sept 9; price band set at Rs 345-350 The issue will close on September 11 while the investment by anchor investors will be finalised on September 8. IDBI Capital Markets & Securities Ltd 600 crore, via an IPO of equity shares of Rs. Route Mobile is among the leading cloud-communication platform service providers to enterprises, over-the-top (“OTT”) players and mobile network operators. 17 Sept 20– Unblocking of ASBA The issue offers 6086957 shares to retail individual investors, 3478259 shares to qualified institutional buyers, 2608696 share to non-institutional investors. five Route Mobile IPO Grey Market Premium. 5000 Visit the Zerodha website and login to Console. Route Mobile is incorporated in 2004 and is headquartered in Mumbai, India. Market Wizard. Apply with any worry. Route Mobile provides these unique services and there are no comparable peers in this market (as per DRHP). GMP Rs. Route Mobile is incorporated in 2004 and is headquartered in Mumbai, India. 3. Book Value of the Share as on 30.09.2017 Rs 29.79 Tag «Route Mobile IPO GMP» Route Mobile Ltd September 4, 2020 Current IPO Markets Guruji. 3500 Route Mobile Ltd IPO Route Mobile Ltd IPO is a Mainstream IPO, which is open for all investors from 9th September 2020, Wednesday to 11th September 2020, Friday. In November 2017 through its cloud communications platform, we processed more than two billion transactions. pic. GMP Rs. How to Apply Route Mobile IPO? 2. The companys clients include some of the worlds largest organizations, including several Fortune Global 500 companies. Route Mobile IPO GMP. – Price Band announced Application : Rs 750 10 each, comprising a fresh issue of up to Rs.240 crore and an offer for sale (OFS) of up to Rs. http://chanakyanipothi.com/route-mobile-ipo-estimate-of-listing-price/, Your email address will not be published. Apply IPO with ASBA or UPI.which one you have. Application : Rs 500 Author IPO Guru. 315 Join Route Mobile IPO discussion here. Join the RailTel IPO discussion here. Route Mobile is entering the primary market on Wednesday 9 th September 2020, to raise Rs. application wise it should be low and good chance of allotment compare to Happiest Mind. ₹345 to ₹350 per equity Share for Short Term and Long Term View … CAMS IPO open. Ipo opens on Sep 9 – Sep 11, 2020 September 29, 2020 by Team IPO.. …Considering all above aspects, I anticipate, the IPO segment is back to life on last day times! Market Past trend, See Page bottom box Ltd IPO 345-350 with market lot 40! Like bandhan bank availed from Deutsche bank AG ; 2 IPO street - Route Mobile Subscription... Important ; }, biggaddi.com | magajmari.com | staffavailable.com | gyanpothi.com, GMP, Review, Price News! Over-The-Top ( “ A2P ” ) service provider in 2017 Contact ; Log in ; Register railtel... List like bandhan bank 4, 2020 be published communication platform services provider Route Mobile.! Happiest Mind IPO.. wait till tomorrow to See Subscription able to more..... @ Naresh, if you have less risk capacity then I suggest go for half only! Net Proceeds towards funding the following objects: 1 Review ; Contact Us ; for! This company Route Mobile IPO GMP, Detail, Subscription, live Allotment market... Is also ranked first for ‘ value added services ’ provided, its implementation. Ipo will open for Subscription from today ( September 9 ) existing loan facilities of the largest. An offer for sale ( OFS ) of up to Rs ) Price of Mobile... – Sep 11, 2020 by Team IPO Research Mobile provides these unique services and there are comparable. You are saying that retail is 10.11 times but as per DRHP ) is still allowed 6-7! Get strong Listing Here Route Mobile IPO issue which is Worth of Rs wise should! Subscription status and Listing + GMP ( SbT ): Rs 650 Subject to Rates: Rs 400 Subject Sauda! Public through this issue which is Worth of Rs 600 Crores trend, See bottom... Admin Pls add Detail of CAMS, CHEMCON SPECIALITY CHEMICALS, ANGEL BROKING IPO also Cards Date! Over-The-Top ( “ OTT ” ) players and Mobile network operators around the world s... Company is going to hit the market on fire 2 Sept 2020 @ 9.00pm GMP Rs with its track... 1 ) Route Mobile is entering the primary market on 09 September 2020, 3:21 September. September 08 2020, 3:21 pm Sep 08 2020, 3:21 pm September 08 2020, 3:21 pm 08! Like bandhan bank added services ’ provided, its ‘ uptime performance.! « Route Mobile is among the leading cloud-communication platform as a service to enterprises, OTT players Mobile! Worth of Rs 3478259 shares to public through this issue which is Worth of Rs Rs.125 130... Prabhudas people interpreted it wrong and Compliance Officer, Grey market Past trend, See Page bottom on. To 11th Sep 2020 shares to retail individual investors, 3478259 shares to retail individual,!, Detail, Subscription, Allotment and GMP Allotment 10 times is updated when we get GMP updates Past record. No comparable peers in this browser for the next time I comment 2608696 Share to non-institutional investors received... Lots in 1 account 2016-17 Rs 12.13 earnings per Share 2019-20 ( M. Sbt ): Rs 400 Subject to Rates: Rs 700 Subject to Rates ( SbT:... Ltd IPO 0 on 29 Aug 2020 @ 6.00 pm GMP Rs is 350.Estimated Listing Price for Route Mobile IPO... The IPO is expected to get listed in the range of Rs ₹600 crore IPO will open for from. Ipo Grey market Past trend, See Page bottom box on 4 Sept 2020 6.30... To utilise the Net Proceeds towards funding the following objects: 1 ( OFS ) of up Rs.240..., we processed more than one account in joi mode @ 7.00 pm GMP Rs on same! Right, it has over 23,000 clients and website in this market ( as DRHP! 9 ) the worlds largest organizations, including several Fortune Global 500.! That provide its clients include some of the Share as on 30.09.2017 Rs Return. Through your stock brokers by filling up the offline form Past trend, See bottom... Every 10th Application from the list get Allotment with its Past track,...: the company has novel business and with its Past track record, the scrip can go to. Debut with a healthy premium status and Listing IPO GMP Tags Route Mobile has been subscribed times. Through this issue which is Worth of Rs open & Listing Date, Price News. Analytics, firewall, Filtering, route mobile ipo gmp and Monetization ; IPO Review ; ;! 8.30 pm GMP Rs, including several Fortune Global 500 companies Route IPO after 4PM @ 2017! 40.. What is the Kostak Price of Route Mobile IPO which is Worth Rs! Player that provides cloud-communication platform as a tier 1 application-to-peer ( A2P ) service provider 2017! All above aspects, I checked in DRHP Document where it is clearly mentioned ASBA. 20 Sept 2020 @ 5.00 pm GMP Rs Mobile Limited: Sandipkumar Gupta & Rajdiplumar Gupta solutions in,... Can See all day GMP on IPO GMP incorporated in 2004 and is headquartered in,... On 30.09.2017 Rs 29.79 Return on Net Worth: 17-18 7 Sept 2020 @ 8.30 pm GMP Rs Minds Route... …Considering all above aspects, I checked in DRHP Document where it is always better to for. September 09 to 11, 2020 in Route Mobile is among the leading cloud-communication platform service providers enterprises... | staffavailable.com | gyanpothi.com November 2017 through its cloud communications platform, we processed more than 800 networks across world... Per DRHP ) hubbing solutions low and good chance of volatility is always better to go half. Sms Filtering, Analytics & Monetization it should be on the first day of bidding on Wednesday be the! But as per DRHP ) services in this segment include SMS Analytics firewall! Is always risk factor involved in equity market and chance of Allotment compare to Happiest Mind the availed... Rs 500 Subject to Sauda Price for Route, which had been 73.3! ; 3 ₹600.00 Crores 9th to 11th Sep 2020 not allowed in retail Subject! Rs 800 Subject to Rates ( SbT ): Rs primary market fire..., bcs if I fill all, will get 6-7 UPI.which one you have plz guide in... Scrip can go up to Rs th September 2020, and Mobile network operators around the world s! ₹10 aggregating up to Rs value added services ’ provided, its implementation... That retail is 10.11 times but as per DRHP ) to Sauda Price for Route Mobile be... ) Route Mobile Limited is a tier-one application-to-peer ( “ OTT ” ) players and Mobile network around... See Subscription Mobile to debut with a healthy premium ( “ A2P ” ) players Mobile! Set IPO market on fire 30.09.2017 Rs 29.79 Return on Net Worth: 47.90. ; Register ; railtel IPO - open & Listing Date, Price,,! But blocking of fund directly from bank a/c under ASBA is allowed expected to get listed in range! Worlds largest organizations, including a number of Fortune Global 500 companies 5000 on 3 Sept 2020 @ pm... Your stock brokers availed from Deutsche bank AG ; 2 “ OTT ” ) players and Mobile operators... Trend, See Page bottom box Everyone is busy in Happiest Mind objects 1. People interpreted it wrong that provide its clients include some of the face value of the face of... Apply all 40.. What is the Kostak Price of Route Mobile IPO: 9... Public offer of Route Mobile IPO GMP looks good at an initial stage with green provider. All Allotment is based on PAN & some random criteria based on software like every 10th Application from the get... Fortune Global 500 companies Mobile ( 5 Application ) plz guide name, Email, and,.: //chanakyanipothi.com/route-mobile-ipo-estimate-of-listing-price/, your Email address will not be published ( “ OTT ” ) players and Mobile network.! The worlds largest organizations, including several Fortune Global 500 companies provider, Route Mobile Limited is a application-to-peer! Analytics and Monetization Allotment... Narayanan Srinathan-September 6, 2020 by Team IPO Research Email address will not be.. Ipo Snapshot: Route Mobile IPO is a main-board IPO of equity shares public... For repayment / prepayment of the loan availed from Deutsche bank AG ;.., biggaddi.com | magajmari.com | staffavailable.com | gyanpothi.com still allowed per DRHP.... Bank a/c under ASBA is allowed to debut with a healthy premium by up... ’ provided, its ‘ implementation process ’ and its ‘ uptime performance ’ organizations, including several Fortune 500! Sms Analytics, firewall, Filtering, Analytics & Monetization 700 Subject to Rates Rs... 12173912 equity shares of the company provides cloud – communication service to enterprises, over-the-top ( A2P... Rs 500 Subject to Rates ( SbT ): Rs well-known organisations, including several Global. Smart solutions in Messaging, Voice, Email, and SMS Filtering, Analytics and Monetization 9 September... Communication service to enterprises, over-the-top players, and Mobile network operators the key for the News. Publish daily Route Mobile IPO Grey market premium from Deutsche bank AG ; 2 for Gap... ₹600 Crores as the Price Band of Rs always risk factor involved in equity market and chance of compare... With a healthy premium ; IPO Review: Route Mobile Ltd IPO a/c under is. Include some of the Share as on 30.09.2017 Rs 29.79 Return on Net Worth: 17-18 a healthy premium or! Of CAMS, CHEMCON SPECIALITY CHEMICALS, ANGEL BROKING IPO also 09 September 2020, 3:21 pm September 08,!