Share the post "Route Mobile’s IPO Launches Offer for Sale 12-09-2024!"
Route Mobile IPO of Offer for Sale type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 12 Sep 2024 to 13 Sep 2024 , with a market lot of shares. This call notice includes , covering ₹10.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | ROUTE MOBILE LTD |
|---|---|
| Offer Price () | |
| Face Value | 10.00 |
| Type Of Issue | OFS |
| Issue Status | Live |
| Security Type | Equity |
| Symbol | ROUTE |
| Issue Period | 12 Sep 2024 to 13 Sep 2024 |
| StartTime | 09:15 |
| EndTime | 15:30 |
| Offer Size – No. Of Shares | 38,00,000 |
| Offer Size For Retail Investors | 3,80,000 |
| Offer Size For Non Retail Investors | 34,20,000 |
| Floor Price | 1,635.00 |
| Lot Size | 1 |
| Tick Price | 0.05 |
| ISIN No | INE450U01017 |
| Minimum Bid Quantity | 1 |
| Maximum Bid Quantity | 38,00,000 |
| Allocation Methodology | Price Priority |
| CUMULATIVE BID QUANTITY | T day ( AS ON Sep 12 2024 3:30PM )
Total Cummulative Bidded QtySubscription% of Total Total47,45,143138.75% 100% Margin9,87,24328.87% 0% Margin37,57,900109.88% Non Retail PortionSubscription% of Total Total47,45,143138.75% 100% Margin9,87,24328.87% 0% Margin37,57,900109.88% Retail PortionSubscription% of Total |
| Indicative Price (Rs.) | 1,658.92 |
| Clearing Price (Rs.) | 1,653.00 |
| LTP | 1665.15 |
| Selling Member | Nuvama Wealth Management Limited ( Clg.No 121 ) and 2) Emkay Global Financial Services Ltd ( Clg.No 185 ) |
| Seller Promoter | Proximus Opal |
| Exchange Notices | 1) Opening of Offer for Sale for Route Mobile Limited.2) Opening of Offer for Sale for ROUTE MOBILE LTD – Live Activities Schedule |
Route Mobile IPO opens on 12-09-2024, and closes on 13-09-2024
| Start Date | 12-09-2024 |
|---|---|
| End Date | 13-09-2024 |
| Issue Period | 12 Sep 2024 to 13 Sep 2024 |
