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ROUTE MOBILE IPO
Delhi Police busts fake trading app scam; bank official among 3 heldDelhi Police apprehended three individuals, including a bank assistant manager, for a Rs 45 lakh investment scam. The trio allegedly used a...
General Atlantic-backed Indian insurer Acko eyes up to $2.5 billion valuation in IPO, sources sayIndia's Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing...
Mehul Telecom shares list at 10% premium over IPO price on BSE SME platformMehul Telecom shares debuted on the stock market Friday, opening higher than their IPO price. The listing surpassed expectations from the u...
Online travel platform Travomint files confidential IPO papers with SebiSNVA Traveltech Ltd, the operator of online travel platform Travomint, has submitted preliminary IPO papers to Sebi via the confidential ro...
How seven employees of Route Mobile hit a Rs 2 crore jackpot during pandemicThe highest was Rs 66 lakh, while collectively, they have received nearly Rs 2 crore. Mumbai-based Route Mobile had issued shares to about ...
Route Mobile makes a strong debut on a weak trading dayThe stock ended at Rs 651, almost 86 per cent above its issue price of Rs 350 after listing at an over 100 per cent premium to the issue pr...
Grey market trends suggest Route Mobile may repeat Happiest show on debutThere is a buzz that UTI AMC will could also announce its IPO shortly. The AMC received Sebi nod in June. This issue could be bigger in siz...
Route Mobile IPO allotment status: Here's how you can check itThe issue turned out to be a blockbuster with the qualified institutional buyers (QIBs) portion getting subscribed 89.76 times, non-institu...
How much money can HNIs make in Route Mobile, Happiest Minds IPOs?HNIs are allotted shares on a proportionate basis in an IPO. It means if the issue is subscribed 100 times in the non-institutional investo...
Route Mobile IPO subscribed 73 times on final day, HNI bids at 193 timesThe IPO, which is being sold at Rs 345-350 per share, is seeking a valuation of 29 times PE on FY20 basis (fully diluted). Analysts are pos...
Route Mobile's Rs 600-crore IPO subscribed 4.15 times on day 2The IPO, which is being sold at Rs 345-Rs 350 per share, is seeking a valuation of 29 times PE on FY20 basis on a fully diluted basis. Anal...
Route Mobile’s Rs 600-crore IPO fully subscribed on day 1The IPO, which is being sold at Rs 345-Rs 350 per share, is seeking a valuation of 29 times PE on FY20 basis (fully diluted). Analysts are ...
Route Mobile offers a play in digital communications spaceAfter the IPO, the promoter group stake will fall to around 66% from 96%. A portion of the IPO proceeds will be used to reduce debt, to buy...
Route Mobile IPO: Should you subscribe?While the company has shown a rapid growth in financials over the past three years, the future performance will depend upon the company’s a...
Route Mobile's Rs 600-crore IPO to open next weekAccording to market sources, the company failed to bring its IPO even after receiving approval in 2018 because of unfavourable market condi...
Route Mobile gets Sebi nod for IPOThe company had earlier received Sebi nod for the IPO in 2018 as well, which had expired.
Route Mobile gets Sebi nod for Rs 600 crore IPORoute is a cloud-communication platform service providers to enterprises, over-the-top players and mobile network operators.