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Route Mobile was listed on the stock exchange on 21-09-2020. The IPO was subscribed 73.30x. The last GMP for Route Mobile IPO was ₹310, updated on Sep 20th 2020 09:39 AM. As per the last GMP, the expected profit/loss for the IPO was 88.57%.

The issue price of Route Mobile IPO (ROUTE,543228) was ₹350, listed at a price of ₹717.00, which is 104.86% higher than the allotment price.

The expected IPO listing price as per grey market was ₹660, listed above GMP price and marked as positive listing for GMP.

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

Route Mobile Day-wise IPO GMP Trend

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing PriceLast Updated
20-09-2020 350₹310 --₹660 (88.57%)20-Sep-2020 9:39
19-09-2020 350₹295 --₹645 (84.29%)19-Sep-2020 12:22
17-09-2020 350₹226 --₹576 (64.57%)17-Sep-2020 8:57
15-09-2020 350₹210 --₹560 (60%)15-Sep-2020 16:28
11-09-2020 Close350₹147 3500₹497 (42%)11-Sep-2020 13:13
10-09-2020 350₹170 5500₹520 (48.57%)10-Sep-2020 12:24
09-09-2020 Open350₹190 6000₹540 (54.29%)10-Sep-2020 12:12
08-09-2020 350₹180 5500₹530 (51.43%)10-Sep-2020 12:11
07-09-2020 350₹180 6000₹530 (51.43%)10-Sep-2020 12:11
06-09-2020 350₹180 6000₹530 (51.43%)10-Sep-2020 12:11
05-09-2020 350₹190 6000₹540 (54.29%)10-Sep-2020 12:10
04-09-2020 350₹190 5600₹540 (54.29%)10-Sep-2020 12:10
03-09-2020 350₹220 6000₹570 (62.86%)10-Sep-2020 12:09
02-09-2020 350₹220 6000₹570 (62.86%)10-Sep-2020 12:08

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IPO grey market premium (GMP)

The grey market premium (GMP) is the price at which an IPO is traded in an unofficial/unregulated grey market prior to its listing. The GMP reflects how a particular company’s IPO issue might react on the day of listing. A positive GMP premium signals that the IPO is likely to be at profit while a negative GMP indicates that the IPO is likely to be at a discount.

It should be noted that IPO GMP is subject to extreme volatility, so an investment decision based solely on Route Mobile IPO GMP will prove risky. Therefore, before to investing, consider all factors and make the right investment decision whether to invest in Route Mobile IPO or not.

Route Mobile IPO Dates

Latest and updated information on Route Mobile IPO. Dates will be updated as they are announced.

IPO Activity Date
IPO Open Date 09-09-2020
IPO Close Date 11-09-2020
Basis of Allotment
Finalisation Date*
Refunds Initiation* 17-09-2020
Credit of Shares
to Demat Account*
IPO Listing Date* 21-09-2020

* - Tentative Dates

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DISCLAIMER: None of the financial information published herein should be construed as an offer to buy or sell securities or as advice in any way. All information published herein is for educational and informational purposes only and should not be relied upon as a basis for investment decisions under any circumstances. Readers must consult a qualified financial advisor before making any actual investment decisions based on the information published herein. Any reader who makes decisions based on the information published herein does so solely at his or her own risk. Investors should be aware that any investment in equity markets is subject to unpredictable market-related risks. The author does not intend to invest in this offering.

Last Updated on Sep 20th 2020 09:39 AM

User Reviews

3. Vinay Jain Sep 21 2020 12:26:47 PM Reply
Listed around 730. Above the GMP average.
2. Balasaheb Sonawane Sep 11 2020 11:08:22 AM Reply
GMP is coming down every day, please confirm apply or not?
2.1. Vinay Jain Sep 11 2020 11:10:10 AM
Dear Sir, Wait till 1 PM and see how QIB and NII is subscribing.
2.2. IPO GMP Sep 11 2020 11:43:51 PM
GMP 120 to 128
1. Rajesh Sep 10 2020 03:35:59 PM Reply
Thx Team TSB for adding this info, really helpfull. Keep posting this info on regular basis.