The basis of allotment for Route Mobile IPO is available now.
The Route Mobile IPO allotment status will be available on Wednesday, September 16, 2020, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Route Mobile Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of Route Mobile IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Route Mobile IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Route Mobile Ltd. IPO IPO allotment status is expected on Wednesday, September 16, 2020. Click the green button Route Mobile Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Route Mobile IPO oversubscribed in the retail category, the Route Mobile IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The Route Mobile Ltd. listing date is September 21, 2020. The equity shares of Route Mobile Ltd. will list on BSE, NSE.
The reason you didn't get the Route Mobile IPO could be: