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September 9, 2020 - September 11, 2020

Route Mobile IPO Subscription Details

Route Mobile IPO Subscription Status Live

Route Mobile IPO subscribed 73.30 times. The public issue subscribed 12.67 times in the retail category, 89.76 times in QIB, and 192.81 times in the NII category by September 11, 2020 (Day 3).

Application Wise IPO Subscription (Retail): 1516451 times

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions89.763,478,25931,22,21,04010,927.74
Non-Institutional Buyers192.812,608,69650,29,91,04017,604.69
Retail Investors12.676,086,9577,71,29,0002,699.52
Employees[.]000
Others[.]000
Total 73.3012,173,91289,23,41,08031,231.94

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Route Mobile IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
September 9, 2020
0.010.461.801.00
Day 2
September 10, 2020
1.252.046.714.15
Day 3
September 11, 2020
89.76192.8112.6773.30

Route Mobile IPO Shares Offered

Route Mobile IPO is a public issue of 12,173,912 equity shares. The issue offers 6,086,957 shares to retail investors, 3,478,259 shares to qualified institutional buyers, and 2,608,696 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB3,478,259121.7428.57%
NII2,608,69691.3021.43%
Retail6,086,957213.0450.00%
Total12,173,912426.09100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Route Mobile IPO Subscription FAQs

The Route Mobile IPO is subscribed 73.30 by September 11, 2020.

Route Mobile IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional89.76
Non Institutional192.81
Retail Individual12.67
Employee Reservations[.]
Others[.]
Total Subscription73.30

Retail category of Route Mobile IPO subscribed 12.67 times as of date September 11, 2020. The public issue closes on September 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 73.30 by September 11, 2020.

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

The Route Mobile IPO listing date is Monday, September 21, 2020. The equity share of Route Mobile Ltd 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 OnSeptember 9, 2020
IPO Closes OnSeptember 11, 2020
Finalisation of Basis of AllotmentSeptember 16, 2020
Initiation of RefundsSeptember 17, 2020
Credit of Shares to Demat AccountSeptember 18, 2020
IPO Listing DateSeptember 21, 2020

4 Comments

4. shanmaheshwari     Link|September 17, 2020 10:30:45 PM
3/5 ROOT MOBILE .FEELING LUCKY
3. Ankitkumarv     Link|September 15, 2020 1:33:37 PM
Rml ka gmp Kya chal raha hai ? Happiest to nahi laga .
2. Rajendra Prasad   I Like It. 1|  Link|September 11, 2020 1:13:56 PM
is this IPO Good to subscribe?
2.1. IPO Jackpot     Link|September 11, 2020 5:18:43 PM
Good but it is closed for subscription now.
1. Rajendra Prasad     Link|September 11, 2020 1:13:08 PM
is this IPO good to subscribe?