Route Mobile hits new high at Rs 1,008
Route Mobile Ltd. on Friday hit a new 52-week high of Rs 1,008 on the NSE. The stock opened at Rs 945 and rose 4.6% in early trade.
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Route Mobile lists at 105% premium at Rs 717 against issue price of Rs 350
Route Mobile Ltd. on Monday listed with a 105% premium at Rs 717 on the NSE after receiving strong response for the IPO.
Route Mobile Ltd. to launch Rs 600 crore IPO by September 11
Route Mobile Ltd., a cloud service provider will launch its initial public offering (IPO) next week estimated from date September 11, 2020 and closing on 16 September 2020 to raise Rs 600 crore through fresh issue and OFS. The share is going to be price band at Rs 350- Rs 370 of Rs 10 face value units. The minimum lot size is going to be a minimum of 40 shares.