Route Mobile Ltd IPO Message Board (Page 27)

Route mob gmp coming down fast and furious..from 200 to 110 it's one way slippage..Wait for HNIs and QIBs until 1 pm tomorrow to decide. Don't put bids before that..

Where can we check live GMP? Thanks.

ROUTE MOBILE IPO

2nd Day at 4:30PM

The following data is assuming the shares will be issued at @350/- (upper price band)

QIB*: 01.26X (*Excluding Anchor)
NII: 01.92X
RII: 06.08X
Total: 3.81X

*RII Applications: 7.32L* Approx
No. of Applic-wise: 4.88X

Off the track question....

Is there a way to apply Rights issue from Kotak Securities?

I just missed in one of the right issue in near past and I don't want to missed in future...

Thanks in advance.

Last year I applied for one ofs. As far as I know on line application is not supported by upstox. So I applied through call and trade. Upstox executive didn't know how to apply at cut off price so I had to bid at a higher price. Anyone who applies through upstox or SBI Bank may kindly guide

you need to apply through kotak net/moble banknig.

ROUTE MOBILE IPO

2nd Day at 3:55PM

The following data is assuming the shares will be issued at @350/- (upper price band)

QIB*: 00.25X (*Excluding Anchor)
NII: 01.68X
RII: 05.43X
Total: 3.15X

*RII Applications: 6.51L* Approx
No. of Applic-wise: 4.34X

what a surprise to see QIB fully subscribed on Day 2 itself...

Dear All
I applied yesterday from zerodha app and received and approved the Mandate on Gpay but still it is showing in process and amount also not block from my account.
Suggestions required from expert
1 I have to wait or
2 I cancel the bid and apply again.

Requst to solve problem
Thanks in Advanced

I always use BHIM from Zerodha. Always worked without any issues.

@IK

Always use BHIM (@upi handle) for IPO MANDATES. No issues at all!

whats the qib, nii and retail ratio as I checked somewhere it is showing 50% for qib and some where it is showing 50% for retails

Some people calculating 7 days interest cost on HNI category instead of 10 days.
I think the whole process of ipo takes minimum 10 days or more then 10 days.

Why bank of baroda ASBA is not working properly? Technical error. What I do now? Plz help

Bro this is not bank of baroda customer care so no one can answer about the issue.
However for application you can apply from your broker app/website, if there is provision for IPO application.

try late night...!! it's working

Subscribe to this IPO. Good company with no peer listed on exchange.

How many application can be made from one single savings account? Is there a limit or rule pertaining to this ?

Dear Admin,

As SBI netbanking allow 5 application, if we apply from the same SBI netbanking for different demat accounts (with different PANs), will these application be treated valid or will it be rejected as these applications are from a third party netbanking account. Please clarify.

Thanks

@goldengoose

VALID.

GMP of HMT is 115-120
GMP of RML is 175-180

Looks like HMT's GMS is going down if we compare it with when IPO started.

Hello Sir,

Please guide me. Can i apply for my as well as wives Application using the same saving account? i am very confused about this . dOES EVERY APPLICATION NEED A SEPARATE INDIVIDUALS SAVING ACCOUNT FOR ASBA application? How many application can be made using one single saving account?

my wives account is in hdfc and i dont want to use it for asba. So can i use my account to block her money also?

Thanks in advance

I think, he meant => Wife's application

Haha. YEah i meant wife's. The autosuggest made it wives. And thank you sir for your response.

I want to open new dmat and trading account which one is best if account is meant for long term keep and modrate use

Hello,
How can we check application status without app.no., with only pan?

What the max number for over subscription we can hope for Retail category?

My amount @14000 is blocked but i didnot get application no. I applied through ASBA. what to do next??

Cancel the application and apply again I have done by cancellation and applied again'

But there is no option to cancel it in canara bank netbanking. Also it is not showing that i have applied any shares. Only amount is blocked

ROUTE MOBILE IPO – *Market’s Current Estimates of oversubscription*:

RII = 15.00L Forms = 10.00X Applic. wise (Avg allotment of ~4.20 shares per lot)
NII = 22.5K Crs. = ~250.00X

Interest cost *@7.00%p.a.* for 7days = 46.99paise for 1X

Thus, for NII the costing = 250.00 X 46.99paise = Rs.117.47 per share (= GMP)

And, for RII the costing = 4.20 X 117.47 = Rs.493/- (= Kostak)


ROUTE MOBILE IPO – *GMP Estimated*
GMP 170 +/- 1
Kostak 700 +/- 25

Thank you @eagleye madam

Not able to understand this part, pls explain in details: thanks in advance
RII = 15.00L Forms = 10.00X Applic. wise (Avg allotment of ~4.20 shares per lot)
NII = 22.5K Crs. = ~250.00X

HDFC Bank doing drama ... saying will not accept ASBA / will not give credit for Float ... hence, HNI funding in Route Mobile IPO might be lower than current market expectations


It is recommended therefore that (if possible) ... retailers also should use banks other than HDFC Bank to submit their ASBA applications in Route Mobile IPO

So EE , do it impact the predictions of oversub since same logic will apply on QIB!

@EagleEye Mam,

But I have applied from HDFC Net Banking for both Happiest Mind and Route Mobile yesterday and amount has also been blocked...

Will that have any impact on what ur saying????

I appreciate ur response mam....

Thanks....

While checking my application on BSE site there is no records available of my bids applied through SBI ASBA yesterday.