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)
- Global Customer Reach
- Diversified client base over multiple industries
- Robust Infrastructure
- Innovative solutions and digital communication offerings.
Mr. Rajdip kumar Gupta & Mr. Sandip kumar Gupta and are the promoters of the company.
Financials of the company
|Profit After Tax (PAT)||26.9||69.1||54.5||46.67|
Route Mobile IPO Details
|Issue Dates||Sep 09 – Sep 11, 2020|
|Issue Size||Rs. 600 Cr. (Approx)|
|Face Value||Rs. 10/- Per Share|
|Price Band||Rs. 345 – 350|
|Min Market Lot||40 Shares|
|Listing Platform||NSE, 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 Date||Sep 09, 2020|
|Offer End Date||Sep 11, 2020|
|Finalisation of basis of allotment||Sep 16, 2020|
|Initiation of Refunds||Sep 17, 2020|
|Credit of shares to Demat A/c||Sep 18, 2020|
|Listing Date||Sep 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
Route Mobile IPO Lead Manager(s)
- Axis Acpital Ltd
- Edelweiss Capital Limited
- ICICI Securities Ltd
- IDBI Capital Market Services Ltd