Route Mobile has finally received a go-ahead signal from the capital market regulator – Securities and Exchange Board of India (SEBI) to launch its IPO. This IPO offer comprises a fresh issue worth INR 240 crore & also an offer for sale of INR 360 crore by the premier promoters Rajdipkumar Gupta and Y Snadipkumar Gupta.

Furthermore, the company may consider the Pre-IPO placement of around INR 100 crore.

ICICI Securities, Edelweiss Financial Services, Axis Capital, IDBI Capital Markets & Securities will be book running lead managers.
Route Mobile has services 27,500+ clients in various sectors including retail, eCommerce, aviation, healthcare, pharmaceutical, media & entertainment.