Comparison between Exim Routes IPO and Value 360 Communications IPO.
Exim Routes IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Value 360 Communications IPO is a SME Bookbuilding proposed to list at NSE SME.
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Holani Consultants Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | Final Prospectus ![]() | |
| Anchor Investor | Anchor Investor ![]() | |
| IPO Allotment URL | IPO Allotment URL ![]() |
The total issue size of Exim Routes IPO is up to ₹41.54 Cr whereas the issue size of the Value 360 Communications IPO is up to ₹0.00 Cr. The final issue price of Exim Routes IPO is ₹88.00 per share and of Value 360 Communications IPO is .
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | |
| Issue Price (Upper) | ₹88.00 per share | |
| Issue Price (Final) | ₹88.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | |
| Fresh Issue Size | 47,20,000 shares | 38,30,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.54 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 4,25,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,20,000 shares | 38,30,000 shares |
| Issue Size Total (Amount) | up to ₹41.54 Cr | up to ₹0.00 Cr |
Exim Routes IPO opens on Dec 12, 2025, while Value 360 Communications IPO opens on . The closing date of Exim Routes IPO and Value 360 Communications IPO is Dec 16, 2025, and , respectively.
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| Anchor Bid Date | Dec 11, 2025 | |
| Issue Open | Dec 12, 2025 | |
| Issue Close | Dec 16, 2025 | |
| Basis Of Allotment (Tentative) | Dec 17, 2025 | |
| Initiation of Refunds (Tentative) | Dec 18, 2025 | |
| Credit of Share (Tentative) | Dec 18, 2025 | |
| Listing date (Tentative) | Dec 19, 2025 | |
| Anchor Lockin End date 1 | Jan 16, 2026 | |
| Anchor Lockin End date 2 | Mar 17, 2026 |
Exim Routes IPO P/E ratio is 16.04, as compared to Value 360 Communications IPO P/E ratio of .
| Exim Routes IPO | Value 360 Communications IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Exim Routes Ltd.'s revenue increased by 67% and profit after tax (PAT) rose by 80% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 71.35 | 81.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 52.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹165.02 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 53.14% | 35.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.53% | 37.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.20 | 1.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.28% | 35.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Exim Routes IPO Retail Individual Investors (RII) are offered 16,57,600 shares while in Value 360 Communications IPO retail investors are offered 16,57,600 shares. Qualified Institutional Buyers (QIB) are offered 9,40,800 shares in Exim Routes IPO and 0 shares in Value 360 Communications IPO.
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,11,200 shares | 0 shares |
| Market Maker Reservation | 2,49,600 shares | 0 shares |
| QIB | 9,40,800 shares | 0 shares |
| NII | 7,10,400 shares | 0 shares |
| RII | 16,57,600 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,20,000 shares | 0 shares |
Exim Routes IPO subscribed 15.23x in total, whereas Value 360 Communications IPO subscribed .
| Exim Routes IPO | Value 360 Communications IPO | |
|---|---|---|
| QIB (times) | 19.11x | |
| NII (times) | 22.43x | |
| Big NII (times) | 27.73x | |
| Small NII (times) | 12.02x | |
| RII (times) | 9.94x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.23x |