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Route Mobile Ltd
Registered Office: 4th Dimension 3rd Floor,Mind Space Malad (W), Mumbai - 400064, Maharashtra, India.
Phone : 91-22-4033 7676   Fax:91-22-4033 7650
Email :  
Website :
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.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-20 11-Sep-20 350.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 40   Further Multiples of : 40
  (Rs.Cr) Lead Managers to the Issue
Project Cost 240.00 Axis Capital Ltd
Project Financed through Current Offer 600.00  
Post Issue Equity Share Capital 56.86  
Issue Price 350.00  
Repayment or Pre-Payment, in full or part, of certain Borrowings of the Company Acquisition and Other Strategic Initiatives
Purchase of Office Premies General Corporate Purposes
Promoted By
Sandipkumar Gupta
Rajdipkumar Gupta
Listing At
Registrar to the Issue
KFin Techologies Pvt Ltd
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