Route Mobile Limited IPO: Issue Price, Listing Gain and Share Price Now

Route Mobile Limited listed on 21-Sep-2020 at ₹651.1 against an issue price of ₹350 , a listing gain of +86.03%. It last traded at ₹504.25. This page is the record of that issue and what has happened to it since — reported figures only.

Route Mobile Limited IPO: listing gain and return since

MeasureValue
Issue price₹350
Listing price (listing-day close)₹651.1
Listing gain+86.03%
Price now₹504.25
Change from issue price+44.07%
Change from listing-day close-22.55%

The two changes above answer different questions and are routinely opposite in sign. The change from the issue price is what an allottee has made. The change from the listing-day close is what somebody who bought on the first day has made.

Route Mobile Limited IPO details

Issue termDetail
Issue price (upper band)₹350
Issue size₹600 Cr
Fresh issue₹240 Cr
Offer for sale₹360 Cr
Issue opened09-Sep-2020
Issue closed11-Sep-2020
Listed on21-Sep-2020
ExchangeBSE, NSE
SegmentMainboard
Lead managersAxis Capital (left lead)

How the Route Mobile Limited IPO was subscribed

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

Route Mobile Limited today

FigureValue
Market capitalisation₹3,171 Cr
Trailing P/E8.96x
Return on capital employed17.4%
Return on equity12.6%
52-week high₹895
52-week low₹411
SectorOther Telecom Services

Fundamentals are as of the desk's last harvest and move with the market.

More on this issue

Automated data digest. This page is compiled automatically from exchange filings and public aggregator data. It is a record of reported figures — it is not research, not a recommendation, and not investment advice.

Grey Market Premium (GMP) is an unofficial, unregulated price quoted outside the exchanges. It is not a forecast of the listing price and is frequently wrong.

Published by INVESTOLOGY — SEBI Registered Research Analyst INH000015297. Investments in securities markets are subject to market risk; read all offer documents carefully before investing. Registration granted by SEBI and NISM certification in no way guarantee performance or assure returns.