Route Mobile IPO Subscription Details

Bookbuilding IPO | ₹600 Cr | Listed at BSE, NSE | Wed, Sep 9, 2020 - Fri, Sep 11, 2020

Basis of Allotment - Route Mobile IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)34,28,57151,42,85685,71,42725,71,42960,00,0001,71,42,856
Allotment price (Rs.)350350350350350350
No.of applications122231452,23813,61,57713,63,960
No.of shares applied31,43,65,60054,00,20031,97,65,80049,82,88,6006,92,51,76088,73,06,160
Amount collected (Rs.cr.)11,002.80 189.01 11,191.80 17,440.10 2,423.81 31,055.72
No.of times subscribed91.691.0537.31193.7811.5451.76
No.of shares allotted34,28,57151,42,85685,71,42725,71,42960,00,0001,71,42,856
Amount (Rs.cr.)120.00 180.00 300.00 90.00 210.00 600.00
No.of allottees121231441,0261,50,0001,51,170

IPO Shares Offered

Route Mobile IPO is a public issue of 1.71 Cr equity shares. The issue offers 0.60 Cr shares to retail investors, 0.86 Cr shares to qualified institutional buyers, and 0.26 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 85,71,427300.00 50.00%
    Anchor 51,42,856 180.00 30.00%
    QIB (Ex Anchor) 34,28,571 120.00 20.00%
NII 25,71,42990.00 15.00%
Retail60,00,000210.00 35.00%
Total1,71,42,856600.00 100%

Route Mobile IPO Anchor Investor Allocation

A total of 51,42,856 shares at a price of Rs 350 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 08, 2020
Anchor investor price₹350.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days25,71,428
No. of shares locked-in for 90 days25,71,428
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 FRANKLIN INDIA SMALLER COMPANIES FUND FRANKLIN TEMPLETON MUTUAL FUND 3,94,840 13.82 7.68 2.30
2 GOLDMAN SACHS INDIA LTD. GOLDMAN SACHS 3,94,840 13.82 7.68 2.30
3 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 3,94,840 13.82 7.68 2.30
4 KUWAIT INVESTMENT AUTHORITY FUND 225 KUWAIT INVESTMENT AUTHORITY 3,94,840 13.82 7.68 2.30
5 VANTAGE EQUITY FUND VANTAGE 3,94,840 13.82 7.68 2.30
6 AXIS SMALL CAP FUND AXIS MUTUAL FUND 3,94,840 13.82 7.68 2.30
7 MACQUARIE UNIT TRUST SERIES-MACQUARIE ASIA NEW STARS FUND MACQUARIE 2,97,320 10.41 5.78 1.73
8 THELEME MASTER FUND LTD. THELEME 2,97,320 10.41 5.78 1.73
9 SBI CONTRA FUND SBI MUTUAL FUND 2,85,680 10.00 5.55 1.67
10 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 2,80,320 9.81 5.45 1.64
11 IIFL SPECIAL OPPORTUNITIES FUND-SERIES VII IIFL 1,99,939 7.00 3.89 1.17
12 TRUST & CUSTODY SERVICES BANK LTD.AS TRUSTEE FOR WELLS CAPITAL EMERGING EQUITY MOTHER FUND WELLS 1,99,938 7.00 3.89 1.17
13 ICICI PRUDENTIAL MIDCAP FUND ICICI PRUDENTIAL MUTUAL FUND 1,97,400 6.91 3.84 1.15
14 MIRAE ASSET ELSS TAX SAVER FUND MIRAE ASSET MUTUAL FUND 1,85,659 6.50 3.61 1.08
15 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 1,73,440 6.07 3.37 1.01
16 NIPPON INDIA CAPITAL BUILDER FUND IV-SERIES C NIPPON INDIA MUTUAL FUND 1,42,840 5.00 2.78 0.83
17 ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,14,520 4.01 2.23 0.67
18 ICICI PRUDENTIAL TECHNOLOGY FUND ICICI PRUDENTIAL MUTUAL FUND 98,720 3.46 1.92 0.58
19 ICICI PRUDENTIAL VALUE FUND-SERIES 20 ICICI PRUDENTIAL MUTUAL FUND 98,720 3.46 1.92 0.58
20 SBI TECHNOLOGY OPPORTUNITIES FUND SBI MUTUAL FUND 85,720 3.00 1.67 0.50
21 NIPPON INDIA CAPITAL BUILDER FUND IV-SERIES D NIPPON INDIA MUTUAL FUND 78,560 2.75 1.53 0.46
22 SBI TAX ADVANTAGE FUND-SERIES 2 SBI MUTUAL FUND 23,440 0.82 0.46 0.14
23 MIRAE ASSET EQUITY SAVINGS FUND MIRAE ASSET MUTUAL FUND 14,280 0.50 0.28 0.08
51,42,856180.0010030.00

IPO Subscription FAQs

The Route Mobile IPO is subscribed 73.2995 times by Sep 11, 2020 17:00.

Route Mobile IPO Subscription

Investor Category Subscription (times)
Qualified Institutional89.7636
Non Institutional192.8132
Retail Individual12.6712
Total Subscription73.2995

Retail category of Route Mobile IPO subscribed 12.6712 times as of date Sep 11, 2020 17:00. The public issue closes on Fri, Sep 11, 2020 for bidding.

An investor can apply in Route Mobile IPO online via bank (using ASBA) or the broker (using UPI). The Route Mobile IPO shares are offered online only.

The Route Mobile IPO is subscribed 73.2995 times by Sep 11, 2020 17:00.

The Route Mobile IPO allotment status is expected on or around Wednesday, September 16, 2020. Visit Route Mobile IPO allotment status to check.

The Route Mobile IPO listing date is September 21, 2020. The equity share of Route Mobile IPO will list on BSE, NSE.

Visit Route Mobile IPO subscription status page for real-time bidding information about Route Mobile IPO.

Route Mobile IPO Timetable

IPO opens OnWednesday, September 9, 2020
IPO Closes OnFriday, September 11, 2020
Finalisation of Basis of AllotmentWednesday, September 16, 2020
Initiation of RefundsThursday, September 17, 2020
Credit of Shares to Demat AccountFriday, September 18, 2020
IPO Listing DateMonday, September 21, 2020
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