Incorporated in 2004, Route Mobile Limited is among the leading Communications Platform as a Service (CPaaS) provider and a tier-one application-to-peer (A2P) service provider. Its enterprise communication services include new age solutions in Messaging, Voice, Email, and SMS Filtering, Analytics & Monetization. The company operates in 3 business verticals: 1. Enterprise: The Company provides a cloud-communication platform as a service to enterprises, over-the-top players, and mobile network operators around the world. 2. Mobile Operator: Services in this segment include SMS analytics, firewall, filtering, monetization, and hubbing solutions. 3. Business Process Outsourcing (BPO): The Company provides a range of BPO services including client support, technical support, booking, and collection services. The company’s clients include some of the world’s largest organizations, including several Fortune Global 500 companies.
Key Facts (As of June 2020):
318 Employees – 18 locations across Africa, Asia Pacific, Europe, the Middle East, and North America. – Served 30150+ clients globally – 2.5+ Billion Messages per month in fiscal 2020 – 31+ Billion Billable transactions in fiscal 2020 – 800+ Network Operators – 240+ Direct Connections or “Super Networks” – 6 Strategically Located Data Centers. – 4 Short Message Service Centers Competitive Strengths 1. Leading cloud communications service provider offering CPaaS. 2. Omnichannel Platform for easy campaign scheduling and reporting. 3. Easy to use the console to plan, deploy & monitor campaigns. 4. Global & Local customization expertise. 5. Consultative and Lean approach for better customer engagement.
Route Mobile IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹345 to ₹350 per equity share |
| Market Lot | 40 Shares |
| Min Order Quantity | 40 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 543228 |
| NSE Symbol | ROUTE |
| ISIN | INE450U01017 |
| Issue Size | Aggregating up to ₹600.00 Cr |
| Fresh Issue | Aggregating up to ₹240.00 Cr |
| Offer for Sale | Aggregating up to ₹360.00 Cr |
Route Mobile IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 9-Sep-20 |
| IPO Close Date | 11-Sep-20 |
| Basis of Allotment Date | 16-Sep-20 |
| IPO Listing Date | 21-Sep-20 |
Route Mobile IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 40 | ₹14,000 |
| Maximum | 14 | 560 | ₹196,000 |
IPO Allotment Status
Please Click Hare TO Check IPO Allotment Status For Route Mobile
Company Financials:
| PARTICULAR | 30-Jun-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
| Total Assets | 6,348.31 | 6,265.48 | 5,057.81 | 4,473.66 |
| Total Revenue | 3,122.95 | 9,681.02 | 8,523.77 | 5,094.85 |
| Profit After Tax | 269.34 | 691.02 | 545.32 | 466.77 |
Company Promoters:
Sandipkumar Gupta and Rajdipkumar Gupta are the promoters of the company.
Objects of the Issue:
The company proposes to utilise the Net Proceeds towards funding the following objects:
- Repayment or pre-payment, in full or part, of certain borrowings of our Company;
- Acquisitions and other strategic initiatives;
- Purchase of office premises in Mumbai; and
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | Route Mobile IPO Registrar |
| Route Mobile Ltd 4th Dimension, 3rd Floor Mind Space, Malad (West) Mumbai 400 064 Phone: +91 22 4033 7676 Email: investors@routemobile.com Website: http://www.routemobile.com/ | KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: einward.ris@karvy.com Website: https://karisma.kfintech.com/ |
