Started in 2014, Route Mobile is a leading cloud enterprise communication services such as messaging solutions, voice, email, and analytics.
Financials snapshot
In Rs million |
Mar-19 |
Mar-18 |
Revenues |
8,523.77 |
5,094.85 |
Expenses |
7,869.09 |
4,522.64 |
PBT |
654.68 |
572.21 |
Net Profit |
557.47 |
473.25 |
Issue size
The company is planning to raise around Rs 600 crores by selling 17,142,856 share. The offer comprises of a fresh issue of shares worth Rs 240 crore and an offer for sale (OFS) of Rs 360 crores by the promoters.
How do I apply for the Route Mobile IPO?
You can apply for the Route Mobile IPO using any
supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account.
Click here to learn more.