114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

Route Mobile Limited IPO Analysis

Route Mobile IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 600.00 Cr. The company is based in Mumbai and caters to Information Technology - SaaS sector. Idbi Capital Market Services , Axis Capital , Edelweiss Financial Services , ICICI Securities are the merchant bankers of Route Mobile IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2020.

Route Mobile IPO posted revenues of ₹ 1,238.44 Cr. and PAT of ₹ 107.60 Cr. in FY21 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 1,238.44 Cr.
            EBITDA: ₹ 160.40 Cr.
            PAT: ₹ 107.60 Cr.
  • EBITDA Margin: 12.95 %
            Pat Margin: 8.69 %
  • Net Worth: ₹ 294.69 Cr.
  • Market Capitalisation: [●]
  • P/E: 18.47 times
  • P/BV: [●]
  • EV/EBITDA: -0.45 times
Nature of IPO : MainBoard
Exchange : BSE,NSE
IPO Type : Book Building

Route Mobile IPO Financial Performance (Restated)

Financial results of Route Mobile IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Jun-20 FY 20 FY 19 FY 18
Balance Sheet
Assets 634.83 626.54 505.78 447.36
Net Worth 294.69 268.19 209.90 160.19
Total Debt 42.51 41.06 77.11 81.34
Profit & Loss
Revenue
Revenue on annualised basis
309.61
1,238.44
956.25 844.64 509.48
EBITDA
EBITDA on annualised basis
40.10
160.40
111.56 99.95 80.12
PAT
PAT on annualised basis
26.90
107.60
69.10 54.50 46.60
Financials
30-Jun-20
FY 20
FY 19
FY 18
Balance Sheet
Assets
634.83
626.54
505.78
447.36

Net Worth
294.69
268.19
209.90
160.19

Total Debt
42.51
41.06
77.11
81.34

Profit & Loss
Revenue
Revenue on annualised basis
309.61
1,238.44
956.25
844.64
509.48

EBITDA
EBITDA on annualised basis
40.10
160.40
111.56
99.95
80.12

PAT
PAT on annualised basis
26.90
107.60
69.10
54.50
46.60

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Route Mobile IPO Key performance Indicators (KPI)

Route Mobile IPO PAT Margin is 8.69 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Route Mobile IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Jun-20 FY 20 FY 19 FY 18
EBITDA Margin (%) 12.95 11.67 11.83 15.73
PAT Margin (%) 8.69 7.23 6.45 9.15
EPS (₹) 5.42 13.83 11.19 9.57
ROE (%) 9.13 25.77 25.96 29.09
ROCE (%) [●] [●] [●] [●]
ROA (%) 4.24 11.03 10.78 10.42
Debt to Equity 0.14 0.15 0.37 0.51
Particulars
30-Jun-20
FY 20
FY 19
FY 18

EBITDA Margin (%)
12.95
11.67
11.83
15.73

PAT Margin (%)
8.69
7.23
6.45
9.15

EPS (₹)
5.42
13.83
11.19
9.57

ROE (%)
9.13
25.77
25.96
29.09

ROCE (%)
[●]
[●]
[●]
[●]

ROA (%)
4.24
11.03
10.78
10.42

Debt to Equity (x)  
0.14
0.15
0.37
0.51

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Route Mobile IPO Valuation Metrics

The market Capitalisation of Route Mobile IPO is ₹ 0.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
[●]

Enterprise Value (EV) (₹ Cr.):
[●]

EV/EBITDA (times) :
[●]

PE Multiple (times) :
18.47

P/B (times) :
[●]

NAV (₹) :
59.40

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Route Mobile prospectus?

The Route Mobile IPO prospectus highlights an Return on Equity (ROE) of 9.13 % , Return on Assets (ROA) of 4.24 %, and an EBITDA Margin of 12.95 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Route Mobile IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Route Mobile IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Route Mobile IPO ?

The post-IPO market capitalisation of Route Mobile IPO is ₹ 0.00 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Route Mobile IPO?

The Route Mobile IPO has a Price-to-Earnings (PE) ratio of 18.47 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Route Mobile IPO?

Route Mobile IPO reported revenue of ₹ 1249.20 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Route Mobile IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Route Mobile IPO?

Route Mobile recorded an EBITDA of ₹ 160.40 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Route Mobile IPO?

Route Mobile Profit After Tax (PAT) is ₹ 107.60 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 1,238.44 Cr.
            EBITDA: ₹ 160.40 Cr.
            PAT: ₹ 107.60 Cr.
  • EBITDA Margin: 12.95 %
            Pat Margin: 8.69 %
  • Net Worth: ₹ 294.69 Cr.
  • Market Capitalisation: [●]
  • P/E: 18.47 times
  • P/BV: [●]
  • EV/EBITDA: [●]

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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Read more details of this IPO

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FAQs

Route Mobile operates in Information Technology - SaaS and Cloud Communication Platform Providing Services. The Issue is listed on BSE,NSE in Sep, 2020. Route Mobile IPO size was 600.00 with Issue price of 350.00 .

Merchant Banker(s) of Route Mobile IPO: Idbi Capital Market Services Limited , Axis Capital Limited , Edelweiss Financial Services Limited , ICICI Securities Limited

Route Mobile IPO subscription was 73.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Route Mobile IPO listed at a listing price of 651.10 against the offer price of 350.00.

The current market price of Route Mobile is 959.60.

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