Route Mobile Ltd IPO Message Board (Page 24)

With higher %quota for retail investors,we can keep some hope of allotment in RM but HMT will be a big disappointment (allotment wise) for most of us.

Best of luck everyone. Hope your Diwali starts in few days from now.

At 4 PM

QIB : 89.77 X (Final)
NII : 192.81 X (Final)
RII : 12.52 X

Please help
How can apy from upi
Please give brief process
And cut off time from upi apply

@IPO SUSPENSE better luck next time :)

This IPO surely gonna disappoint on listing day...Might list near to 380-400 and will go south.

Why saying so? Give reason with comment

NII nearly 50 ×
QIB nearly 12 ×
RII nearly 11 ×
(and counting)
@13:30 pm

@harit sir,
Welcome...

Incredible figures of subscription for both IPOs.
Hope it will translated in actual listing , so that retailers can earn significant.

The size, lots and the subscription rate of this issue closely matches the IRCTC issue. So i feel the allotment will also be similar to that of IRCTC.

It will open 560+ on listing day????????????

I found multiple GMP update here.

Kisko belive Karu.

Agree.
However, a small investor and a person like me who has no communication in the broker/Trader community follow the market trend of GMP.

That is the best indication I could find right now during applying for an IPO.
For me, checking the company business, model, and understand that is like Chimp studying the Theory of relativity or String theory.

Dear All
Due to heavy demand premium has moved from 120 rs to 140-145 rs, open at 485rs can go to 540 rs in the very first day subject to USA closing.

any buddy have account on 5 paisa they dont give application no?

wow, what a subscription, didnt expect this big.

UBSCRIPTION FIGURE UPDATED AS ON 11/09/2020 3:36PM


Qualified Institutional Buyers(QIBs)* ---------       84.67
Non Institutional Investors -------- 180.07
Retail Individual Investors(RIIs) -------- 12.52
Total ------ 69.38

*Excluding Anchor

Total No.of Application Approx : ~ 1479134
Retail Subscription on the basis of Apps : 9.86 x

Very good subscription allotment will be very tough in both ipo....enjoy this ipo season

Lol everyone has set his own gmp here

Daddy see the subscription figures
rock solid hi ni

Daddy on the first day, looking at qib and HNI subscription figures mentioned this issue is a flop show

I'm pretty much sold on the RouteMobile IPO as an investor and maybe as a client too , technocrat promoters, growing consumption, scalable platform and needs limited capital expenditure. Also i don't have to go through the pains of redeveloping my application...A great investment and i'm definitely going to participate in the IPO. RouteMobile hasn't had any capital infusion since FY2017 and has been funding its growth through internal accruals. The company has been profitable since the last decade,....The techy promoters of RouteMobile have 2 decades of experience in the field of software and communications sector..the leadership definates gives some comfort

RouteMobile has serviced around 30k clients across the globe since its inception in 2004. That's impressive...Internet penetration was at play but the lockdown due to the ongoing pandemic pushed many companies down the digital transformation route and got them to consider streamlining their backend operations....RouteMobile processed more than 30.31 billion billable transactions in FY 20

Good to see that companies are showing confidence to fund raises. Companies like #CAMS and #RouteMobile will find a good response considering its monopolistic business segment, financial soundness and good growth prospects. Rossari's success uplifted investor sentiments. Im sure both these issue will live upto it .....CAMS and RouteMobile are both high quality issuers, if priced well they will definitely rock the boat

No offence but TBH , what monopoly is RM actually? Can you explain? Monopolies have BARGAINING POWER alright. RM is no Monopoly, it's just that Biggies don't want to do such small tasks themselves that's why they outsource related work to RM.
When clients are BIGGIES and BEHEMOTHS, you lose Bargaining Power. :)

Guys...I have been reading through the DRHP of #RouteMobile and it seems pretty interesting. While they have not disclosed their client names it does state they are large corporations including fortune 500 companies ..Digital Communication is indeed the best way to interact with stakeholders. All depends on how you use it. More and more enterprises are considering omni channel approaches to the likes of - 2 way messaging, voice , email, business messaging

Qualified Institutional      62.04
Non Institutional      144.23
Retail Individual      12.10

Sep 11, 2020 14:49

48.35x

110.09x

11.49x

43.15x

Sep 11, 2020 14:49

48.35x

110.09x

11.49x

43.15x

Counting every minute... NII 83x

110x and still counting.....