Required fields are marked *, संत कबीर के 7 दोहों से महत्वपूर्ण निवेश के सबक. (i) Chandrakant Gupta, aged 67 years, is the Chairman and Non-executive Director of the Company. The business depends on the continuity of the relationship with these MNOs. Route Mobile Limited, Ghana; (i) Incorporated in 2004 and has headquartered in Mumbai, India, Route Mobile provides a cloud-communication platform as a service (“CPaaS”) to enterprises, over-the-top (“OTT”) players, and mobile network operators (“MNOs”). on 9 September. Click here to apply for Route Mobile IPO. 6. At the upper limit of this grey market premium (GMP), it would mean a 89 per cent listing pop for Route Mobile. IPO Market: After a long drought, there is a stir in the primary market. c) In Fiscal 2019, it managed more than 24.74 billion billable transactions. IPO Date. whats ur view? Route Mobile provides a platform through which businesses such banks, e-commerce, aviation, retail, internet/e-commerce, logistics, healthcare, hospitality, media, and entertainment sectors send messages to their clients. NEW DELHI: Route Mobile today said it has filed draft prospectus with the market regulator for Initial Public Offering (IPO) and plans to raise about Rs 600 crore through a combination of fresh issue and … Thde Anchor investors include Goldman Sachs, Macquarie, SBI Life … 1. Tuesday, 15 December 2020. This is India’s fourth IPO since the Covid-19 pandemic disrupted the economy, following Rossari Biotech Ltd., Mindspace Business Parks REIT Ltd. and the Happiest Minds Technologies Ltd. Route Mobile … The promoters currently hold a 96% stake in the company, however, after the share sale, the promoter shareholding will fall to 66.33%. Subscribe to our Smart Money newsletter to receive exclusive content on managing money, staying on top of your investments and a fresh take on financial news. Route Mobile IPO is going to hit the market on 09 September 2020 and closes on 11 September 2020. Route Connect (Kenya) Limited; Route Mobile Lanka (Private) Limited; The Rs 600 crore IPO by Route Mobile was fully subscribed on Day 1 of the bidding process on Wednesday. Considering increasing internet penetration and increased use of cloud communication services enterprises, the size of the global A2P market is expected to grow at a healthy rate in the coming years. He is also the Promoter of our Company and has been associated with our Company since inception. Route Mobile is a leading cloud-communication platform offering voice, email, messaging and analytics services. by Arihant Team | Sep 9 2020 . Explore. Get the best invest advice and insights delivered to your Inbox. The clients include sectors including social media, banking, and financial services, aviation, retail, internet/e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceuticals, and telecom. They were also ranked first for ‘value … 3. Book Built Issue IPO. Route Mobile IPO Price Band / Cash Price The face value of each share is Rs 10, but the price band of the IPO is Rs 345 – 350. 10. 345 – 350 per equity … Click here to login/signup to join the discussion, https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200918-2, Click here to download the Android App from Play Store. d) They have established direct relationships with MNOs that provide clients with global connectivity. 3. 5. The route will raise Rs 600 crore from the market through mobile IPO… Sep 9, 2020 - Sep 11, 2020. Route Mobile Inc, USA; For last 3 years EPS of Rs 12.2, P/E ratio is 28.5x. b) Mobile Operators: Route Mobile main service offerings in this segment include SMS analytics, firewall, filtering, monetization, and CPaaS, and hubbing solutions. All their servers and platform are maintained in Tier III data centers and all components are managed remotely by authorized personnel only and through secured connections. In today's world where we order everything online, the SMS market is bound to grow in the coming time. Further, their support teams continue to operate and are reachable through the same channels available to the customers before the pandemic. The Route Mobile IPO comprises fresh issue of shares worth Rs350 crore and an offer for sale of up to 65 lakh shares by founders. Route Mobile IPO Form: Thinking about how to apply the Route Mobile IPO? Their platform is designed to handle any increases in traffic and its servers maintain excess capacity, which can be scaled in real-time as well. Spectrum Telecom FZ – LLC. They are able to access more than 800 networks across the world, as of June 30, 2020. Route Mobile IPO Opens Today: Check Issue Details, Valuation & Risks; Know If You Should Subscribe To It Route Mobile IPO Opens Today: The company aims to utilise the proceeds for repayment of … Route Mobile IPO description – Route Mobile offers cloud-communication platform as a service (CPaaS) to enterprises, over-the-top (OTT) players and mobile network operators (MNOs).The … But for retail investors it is always good to book profit and exit in IPO. Route Mobile IPO Review – 5 Points Analysis Introduction. Everything you need to know about the UTI AMC IPO. Route Mobile was trading with a premium of more than Rs 200 per share in the grey market against final IPO price. 2. Apply Mrs. Bectors Food Specialities IPO at Arihant Capital. Copyright © 2020 Arihant Capital Markets Ltd. All rights Reserved. Route Mobile IPO Subscription Details (Day by Day) Route Mobile IPO subscribed 73.30 times.Route Mobile IPO received bids for 12.67 times issue size in retail, 89.76 times issue … SHARE ON: Valuation and View: At upper price band of Rs 350, issue has been offered … a) In the three months ended June 30, 2020, the Route Mobile cloud communications platform has processed more than 6.95 billion billable transactions. Route Mobile (Bangladesh) Limited; Route Mobile has tie-up with third parties and MNOs in particular for connectivity in various regions IPO . What is Route Mobile IPO? Diversified and global client base across industries, a scalable delivery platform supported by good infrastructure, a robust business model with a consistent financial track record are the key positive factors that augur well for the company. 1. The issue is priced at ₹345 to ₹350 per equity share. b) In Fiscal 2020, the platform managed more than 30.31 billion billable transactions from the clients and was used by more than 2,700 clients. Earnings Per Share (EPS) = Rs 13.83 PE Ratio = 24.95-25.31 (Approx). Route Mobile IPO Details. They were also ranked first for ‘value-added services’ provided, the ‘implementation process’, and our ‘uptime performance’ among tier 1 vendors. Start Corp India Private Limited; 7. The existing shareholders will sell shares worth Rs 360 crore under the offer for sale (OFs). 7. a) Enterprise business– Route Mobile enterprise vertical primarily provides a cloud-based communication platform to enterprises to enable digital communication through multiple channels including RCS, A2P / P2A messaging, 2Way Messaging, OTT business messaging, enterprise email and URL shortening, and Mail2SMS. Among them Sandeep Kumar Gupta and Rajdeep Kumar Gupta are about to sell shares worth Rs 180-180 crore. *Route Mobile Limited IPO – Listing Update*, Symbol: ROUTE Cellent Technologies (India) Private Limited; Call 2 Connect India Private Limited; *₹13.8 cr* each to : SBI MF, ICICI Prudential MF, Goldman Sachs, Kuwait Investment Authority, Birla MF, Axis MF, Nippon MF, Franklin Templeton MF, Vantage Equity Fund and SBI Life, *₹10.4 cr* each to : Macquarie Asset Management and Theleme Partners, *₹7 cr* each to : Wells Capital, Mirae MF and IIFL AIF. *Anchor Book (₹180 cr)* had participation from key Marquee Foreign and Domestic Institutional Investors. 9. Issue Type. Wipro Buyback – Retail Investors Should Know Buyback Here is all the Details. Route Mobile being ranked 2nd globally in tier 1 A2P service provider is likely to benefit. Sign in e-paper New. | Sep 9 2020. 8. The company is going to raise around ₹600 crores as the price band is fixed at 345-350 with market … Staffed with 300 employees, the company is serving its clients through 18 locations across Africa, Asia Pacific, Europe, the Middle East, and North America. (ii) They were ranked second globally as a tier 1 application-to-peer (“A2P”) service provider in 2017. As of June 30, 2020, they have direct relationships with over 240 MNOs and provide enterprise clients with access to over 800 mobile networks. Route Mobile PTE Limited, Singapore; and 3. Hi @market wizard i have brought 270 hsares route mobile @731.now 22k loss,shall i hold or sell them tomorrow ? 11. The revenue from operations was ₹ 504 Crores, ₹ 846 Crores, ₹ 956 Crores, and ₹ 309 Crores in Fiscal 2018, 2019 and 2020, and in the three months ended June 30, 2020, respectively. The IPO comprises a fresh issue of shares worth Rs … Your email address will not be published. The Arihant Team believes everyone deserves access to sophisticated financial advice. The company’s operations are internally aligned into the following three business verticals: Since the onset of the COVID-19 pandemic in March 2020, the company has responded swiftly by implementing various processes to ensure its operations and services to its customers continue seamlessly. In this blog, let us analyse this IPO on various fronts like company overview, sector analysis, financial and valuation … Route Mobile IPO details. Through this IPO, the company plans to garner Rs 600 crore. The Rs 600 crore Route Mobile IPO received 73.30 times bids on the final day of the bidding process. He is a SAP certified solution consultant – mySAP Financials – Managerial and Financial Accounting. Route Mobile Limited was incorporated in the year 2004. He holds a bachelor’s degree in science (physics) from the University of Mumbai and a master’s diploma in software engineering from Aptech Computer Education. 6. They maintain a robust VPN infrastructure, which has enabled and equipped its employees to work from home, ensuring no service disruptions and uninterrupted support to their customers. Our team of experts are curating informative and research-based article on this blog, to help make investing and managing your money easier for you! The analytics-based SMS firewall solution helps MNOs identify grey route traffic terminating on their networks, block grey route traffic, identify the source of such grey route traffic, and monetize such traffic. c) BPO Services: They provide a range of BPO services including client support, technical support, booking, and collection services. The minimum order quantity is 40 Shares. Route Mobile IPO Equity Size This Initial Public Issue of 17,391,303 Equity Shares of Rs.10 each for cash at a price of Rs. We recommend Investors to subscribe for the issue. (Source: ROCCO Report 2017). Issue Price: Rs. Arihant Team (i) Incorporated in 2004 and has headquartered in Mumbai, India, Route Mobile provides a cloud-communication platform as a service (“CPaaS”) to enterprises, over-the-top (“OTT”) players, and mobile network operators (“MNOs”). From day one, our mission has been to help make investing easier and accessible to every Indian. 345-350 per equity share. So, stay here for long term. They have conducted internal processes as usual including payroll and hiring as well as revenue closure and invoicing. Route Mobile to open IPO on Sept 9 in the Price Band of Rs. Route Mobile IPO to open on September 9: 10 key things you must know before subscribing ... which makes the IPO valuation fairly attractive for long term investors. 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