Route Mobile Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial Public Offering of up to 17,142,856 equity shares of face value Rs.10 each ("equity shares") of the company for cash at a price of Rs. 350 per equity share including a premium of Rs. 340 per equity share ("offer price"), aggregating to Rs. 600 Crores ("offer"). The offer comprises a fresh issue of up to 6,857,142 equity shares aggregating Rs. 240 Crores (fresh issue") and an offer for sale of 10,285,714 equity shares aggregating to Rs. 360 Crores by the selling shareholders being the promoters, including to 5,142,857 equity shares aggregating to Rs. 180 Crores by Sandipkumar Gupta and 5,142,857 equity shares aggregating to Rs. 180 Crores by Rajdipkumar Gupta ("offer for sale"). The offer shall constitute 30.15 % of the fully diluted post-offer paid-up equity share capital of the company. The Floor price Rs.350 and is 35 times of the face value of the equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Company depend in part on the success of its strategic relationship with third parties, particularly its direct relationships with mobile network operations ("MNOs"). its inability to enter into or maintain such relationships, particularly with MNOs may adversely affect its business, financial condition and results of operations.
- Failures, defects, delays and other problems involving the technology systems and infrastructure on which we rely for providing its services and solutions to its clients may adversely affect our business, financial condition and results of operations.
- Company, in the past, has delayed in complying with reporting guidelines under the provisions of the Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000 and we may be subject to regulatory action by RBI.
- Company and Subsidiaries are involved in certain legal and other proceedings. Any adverse outcome in any of these proceedings may adversely affect our profitability and reputation and may have a material adverse effect on its financial condition and results of operations.
- Company's acquisitions are subject to various risks, including risks relating to the integration of these acquired businesses with its existing operations. it may in the future continue to make strategic acquisitions to grow its business and further diversify service offerings. An inability to identify, complete and successfully