ROUTE MOBILE
Route Mobile advances 5% as company eyes two acquisitionsThe company said that the acquisitions, to be structured as a cash-and-stock deal, would be in the range of Rs 250-300 crore valuation.
- Route Mobile eyes two acquisitions to strengthen its offerings
These acquisitions will be in areas of conversational artificial intelligence and virtual contact centre, Route Mobile chief executive said.
- Route Mobile Q2 results: Profit more than doubles to Rs 33 crore
The company saw its revenue from operations grow about 78 per cent to Rs 349.3 crore in the quarter under review from Rs 196.6 crore in the...
- Don’t expect Mazagon to do an IRCTC on debut; grey market premium shrinks
Unlisted shares of Mazagon are fast losing steam in the grey market. As the listing day drew closer, the stock’s trading premium to the iss...
- Route Mobile makes a strong debut on a weak trading day
The 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...
- Route Mobile lists at 105% premium over issue price
The issue was sold in the price band of Rs 345-350 from September 9 to September 11. The IPO had attracted 73.29 times subscription, with N...
- Happiest Minds & Route Mobile set tone for the next three IPOs
Route Mobile appears set for a strong listing on Monday as its grey market premium is around Rs 300 over its IPO price of Rs 350.
- Grey market trends suggest Route Mobile may repeat Happiest show on debut
There 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...
- Blockbuster IPOs: Happiest Minds, Snowflake herald big shift in tech investing
Digital technology share sales point to new-age revenue streams that justify significant IPO valuation premiums for SMAC-focused companies
- Route Mobile IPO allotment status: Here's how you can check it
The 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 times
The 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 2
The 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...
- Indo-China tensions pull back grey market premium of Route Mobile
The grey market witnessed a frenzy ahead of the stake sale with the premium reaching Rs 175-180 a share on Monday evening. However, dealers...
- Route Mobile's Rs 600 crore IPO kicks off: Should you subscribe?
Analysts are positive on the issue and believe the IPO can offer listing pop as well as long-term gains.
- Route Mobile’s Rs 600-crore IPO fully subscribed on day 1
The 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 space
After 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 week
According to market sources, the company failed to bring its IPO even after receiving approval in 2018 because of unfavourable market condi...
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