Any reader taking decisions based on any information published here does so entirely at own risk. Route Mobile IPO Review/Ratings. The funds raised from fresh issue will be utilized to repay debt, make strategic acquisition, purchase office premises in Mumbai and balance for general corporate purpose. Route Mobile IPO … Route Mobile Ltd provides Cloud-communication platform as a service (“CPaaS”) to enterprises, over-the-top (“OTT”) players and mobile network operators (“MNOs”). Copyright 2014-2020 by TopShareBrokers.com. 1. Its revenue from operations increased at a CAGR of 37.61% from ₹504.9 in fiscal 2018 to ₹956.2 crore in Fiscal 2020. Incorporated in 2004, Route Mobile Ltd is a Mumbai-based cloud-communication platform service provider that offers enterprise and OTT, mobile operators, and business process outsourcing … Author IPO Guru. Route Mobiles posted PAT of Rs 26.50 crore for Q1FY21. Route Mobile ₹600 crore IPO opens tomorrow. The Omni-channel cloud communication service provider, Route Mobile has opened the IPO on Wednesday. Its EPS (earnings per share) stands at 8.17 (as of FY18 basic and diluted). Route Mobile IPO would open for … Mobile Operator: Services in this segment include SMS analytics, firewall, filtering, monetization, and hubbing solutions.3. Now, let us have a look at the prospectus of the company. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Leading cloud communications service provider offering CPaaS.2. At the higher end of … Ahead of its 600 crore IPO, it has raised around 180 crore from 15 anchor investors like Goldman Sachs, SBI Life Insurance and SBI mutual fund. Route Mobile … Do you know you could save the brokerage cost significantly by moving to online discount stock broker? In Q1FY21, Route Mobile reported a profit of ₹27 crore on revenue of ₹310 crore. The price band for the issue has been fixed at Rs 345-350 per share. Their profit for the year/ period, for Fiscal 2018, 2019 and 2020 and the three months ended June 30, 2020 was Rs.466.77 million, Rs.545.32 million, Rs.691.02 million and Rs.269.34 million, respectively. Related Posts : Route Mobile IPO Review Route Mobile IPO: Grey Market Premium etc. Incorporated in 2004, Route Mobile Limited is among the leading Communications Platform as a Service (CPaaS) provider and a tier-one application-to-peer (A2P) service provider. Route Mobile IPO – Details, Price and Valuations – Review When stock markets are bullish, there are half a dozen of IPOs that are lined up now. SMC Global offered the IPO 3 stars out of 5 while highlighting some downsides. Route Mobile IPO Valuations. Financial track record with strong operating and net margins. It shows the company is making a moderate profit throughout the years. Route mobile has healthy cash generated from operating activities of Rs 93.44 crore and Rs 28.46 crore in FY20 and FY19 respectively. They provide cloud-communication platform as a service (“CPaaS”) to enterprises, over-the-top (“OTT”) players and mobile network operators (“MNOs”). STOP paying Demat AMC, brokerage in %, PCM fee and high stamp duty today. Their enterprise solution comprises two primary components – the front-end that provides an interface for enterprises to integrate with, and a back-end which is directly integrated with over 240 MNOs, and provides access to over 800 MNOs across the globe, as of June 30, 2020, enabling them to leverage their SMS and voice channels for digital communication (“Super Network”). The information collated from various sources and reports in public domain can help investors to decide whether they should subscribe to Route Mobile IPO or not. It’s RoNW (Return on Net Worth) and NAV/share are 23.08. Net Profit margin is strong at 7.73% in FY20 and 8.49% for Q1FY21. Route Mobile is a leading Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). Face Value = Rs 10. The price band is fixed from Rs 345-350 per share and minimum lot … The issue is priced at a P/BV of 5.89 based on its NAV of Rs 59.40 as on June 30, 2020; Issue appears to be reasonably priced. It has presence in Africa, Asia Pacific, Europe, Middle East and North America.Route Mobile has made inorganic growth by acquiring: The clients are world’s largest and well-known organisations, including a number of Fortune Global 500 companies. In a small period of time Route Mobile became a renowned name as a … About Route Mobile Ltd IPO. Further, the backend is also integrated with OTT business messaging solution providers, and is capable of supporting Rich Communication Services (“RCS”) business messaging, offering multiple channels of communication to enterprises. All Rights Reserved. Incorporated in 2004 Mumbai, Maharashtra, India. Comparison with listed industry peers. Review and Recommendation of InvestorZone are 5/10. Review By CA Priyanka Choudhary on 5th Sep 2020. Global & Local customization expertise.5. Enterprise: The Company provides a cloud-communication platform as a service to enterprises, over-the-top players, and mobile network operators around the world.2. The company … powered by Advanced iFrame free. 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In an exclusive chat with Business Insider, Non-Executive Director Sandip Gupta and the Chief Strategy Officer Gautam Badalia revealed details … 80% of the revenues come from foreign billings. Earnings Per Share (EPS) = Rs 13.83 PE Ratio = 24.95-25.31 (Approx). The initial public offer (IPO) of Route Mobile received bids for 89.23 crore shares today, 11 September 2020, as against 1.21 crore shares on offer, as per the National Stock Exchange of India (NSE) website … She has worked with CRISIL as Senior Credit Analyst on ratings assignments including business and financial analysis in Corporates as well as the Public Finance Sector. Hence looking at its future business prospects and consistent financial performance, investors shall subscribe this IPO. RML’s leadership position as a cloud-communication service provider is supported by its global operations spanning across 18 locations worldwide (Africa, Asia Pacific, … Route Mobile IPO Review Route Mobile Ltd is coming out with an IPO with a Fresh Issue of Equity shares aggregating up to Rs 240 crore and an Offer for sale of Equity Shares aggregating up to Rs 360 crore … Route Mobile is launching an IPO of around Rs 600 crore (1,71,42,856 equity shares of Rs10 each). Company’s range of … Read the Route Mobile IPO Notes, Analysis and Recommendations by leading stock brokerage firms and experts in the above answer. The lead managers to the issue are ICICI Securities Limited, IDBI Capital Markets & Securities Limited, Axis Capital Limited and Edelweiss Financial Services Limited, and the Registrar to this issue is KFin Technologies Private Limited. Route Mobile provides a platform through which businesses such banks, e-commerce, aviation, retail, internet/e-commerce, logistics, healthcare, … The company has not revealed the PE (price to earnings) ratio. Route Mobile IPO … Route Mobile is the company with cloud communication offerings and has no listed peers in India. Grey market premium as on today is ₹180-₹190, Kostak ₹600 & Subject to Sauda is ₹5000 Grey market premium as on 08-09-2020 … It shows the company is making a moderate profit throughout the years. For other IPO details on Route Mobile Ltd IPO… Offer for sale: Offer for sale of1,02,85,714 equity shares amounting to Rs 360 crore. IPO Size. IPO comprises of: Incorporated in the year 2004, Route Mobiles provide cloud communication platform over the top players and mobile network operators (MON). The omnichannel cloud communication service provider has fixed the price band for … Purchase of messaging services is the largest expense; as a percentage of total revenue, expenses relating to purchases of messaging services were 66.88%, 78.25%, 78.93% and 79.87% in FY2018, 2019 and 2020 and in the three months ended June 30, 2020, respectively. Promoters are offering --- equity shares to public through this issue which is worth of Rs 600 Crores. Route Mobile IPO date is 09 Sept to 11 Sept. Incorporated in 2004, It services clients across sectors such as social media, banking and financial services, retail, logistics etc. Total revenue from operations for FY20 has increased by 13.6% to Rs 968.1 crore (Rs 852.38 crore in FY19). The Promoter of this company is Sandipkumar Gupta and Rajdipkumar Gupta. Route Mobile IPO Review & its Company valuation details Route Mobile Limited was incorporated in the year 2004. Route Mobile IPO Review So, the above chart contains the financial details of Route Mobile. Route Mobile IPO offers an opportunity to buy IPO shares before they get listed at the stock exchanges. Route Mobile Ltd IPO (Route Mobile IPO) Detail Review, Price and Valuations – Buy for Listing Gain? Easy to use the console to plan, deploy & monitor campaigns.4. Route Mobile IPO GMP Rates day by day with Kotak rates. Is Route Mobile IPO … Omnichannel Platform for easy campaign scheduling and reporting.3. Posted on September 3, 2020 September 29, 2020. The minimum … Their omni-channel platform enables enterprises to leverage various modes of digital communication to engage with their stakeholders – including customers, employees and vendors. The company had posted profit of ₹69 crore in FY20, up 26% from the previous year. The issue is priced at ₹345 to ₹350 per equity share. Route Mobile Ltd IPO is a Mainstream IPO, which is open for all investors from 9th September 2020, Wednesday to 11th September 2020, Friday. 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). Need of continuous enhancements of services and introduction of new services that achieve market acceptance. Learn how your comment data is processed. Read the article to know Everything about Route Mobile IPO, details, review and Route Mobile IPO recommendations: Not everybody is convinced . Route Mobile IPO will include a public issue of 1.71 crore equity shares of Face value Rs 10 each, comprising a fresh issue of 68.57 lakh equity shares. Author has no plans to invest in this offer. Above information is based on RHP and other documents available as of date coupled with market perception. 08-09-20 GMP 170-180; Route Mobile IPO: Anchor Investors. Now, let us have a look at the prospectus of the company. The cloud communication platform is needed in every organization to maintain its business operations. Investors should bear in mind that any investment in stock markets are subject to unpredictable market related risks. Priyanka Choudhary Jain is a Chartered Accountant and an experienced credit analyst. Our expert team compare top share brokers in India to help investors like you. The IPO of Route Mobile Limited opens for subscription today on September 9 and will close on September 11. Route Mobile is launching an IPO of around Rs 600 crore (1,71,42,856 equity shares of Rs10 each). Sandipkumar Gupta and Rajdipkumar Gupta are the promoters of the company. There are no listed entities in India whose business portfolio … Business Process Outsourcing (BPO): The Company provides a range of BPO services including client support, technical support, booking, and collection services.The company’s clients include some of the world’s largest organizations, including several Fortune Global 500 companies. Check Route Mobile IPO review, price band, market lot, size, IPO form, listing and allotment details. Route Mobile, a cloud communications service provider, will launch its initial public offering … Our range of … Consultative and Lean approach for better customer engagement. 24.95-25.31 ( Approx ) coupled with market perception of Rs10 each ) band is fixed from 345-350. Period of time Route Mobile IPO Recommendations: Not everybody is convinced operations increased at a price band the! Buy IPO shares before they get listed at the prospectus of the company cloud... 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