Route Mobile Limited IPO

About Route Mobile Limited

The company provides cloud – communication service to enterprises, OTT Players and mobile network operators. The company is a Tier-I application to peer (A2P) service provider internationally.

Their range of enterprise communication services include application-to-peer (“A2P”) / peer-to-application (“P2A”) /2Way Messaging, RCS, OTT business messaging, voice, email, and omni-channel communication. Further, we also
offer SMS analytics, firewall, filtering and monetization, SMS hubbing and Instant Virtual Number (“IVN”) solutions
to MNOs across the globe.

Their clients include some of the world’s largest and well-known organisations, including a number of Fortune Global 500 companies.

Company was incorporated in 2004 and headquartered in Mumbai, India. As on Jun 30, 2020 they have serviced around 30,150 clients across sectors including social media, banking and financial services,
aviation, retail, internet/ e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceuticals and telecom.

Business Verticals : 1. Enterprise; 2. Mobile Operator, 3. Business Process Outsourcing (BPO)


  1. Global Customer Reach
  2. Diversified client base over multiple industries
  3. Robust Infrastructure
  4. Innovative solutions and digital communication offerings.

Company Promoters

Mr. Rajdip kumar Gupta & Mr. Sandip kumar Gupta and  are the promoters of the company.

Financials of the company

Profit After Tax (PAT)26.969.154.546.67
Profit Growth 27%17% 

Route Mobile IPO Details

IPO Detail
Issue DatesSep 09 – Sep 11, 2020
Issue Size Rs. 600 Cr. (Approx) 
Face ValueRs. 10/- Per Share
Price BandRs. 345 – 350
Min Market Lot40 Shares
Listing PlatformNSE, BSE 
Min Investment Amt (Retail)Rs. 14,000
Max Investment Amt (Retail)Rs. 196,000

QIB : 50%, NII : 15%, RII 35%

Route Mobile IPO Schedule

Offer Start DateSep 09, 2020
Offer End DateSep 11, 2020
Finalisation of basis of allotmentSep 16, 2020
Initiation of RefundsSep 17, 2020
Credit of shares to Demat A/cSep 18, 2020
Listing DateSep 21,2020


Route Mobile IPO Registrar

Kfin Technologies Pvt Ltd

Selenium, Tower B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500032, Telangana, India

Phone: 18003454001

Route Mobile IPO Lead Manager(s)

  • Axis Acpital Ltd
  • Edelweiss Capital Limited
  • ICICI Securities Ltd
  • IDBI Capital Market Services Ltd
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