Route Mobile IPO: Share allotment finalised. How to check status

The allotment of shares in Route Mobile’s initial public offer (IPO) has been finalised. Reflecting huge investor appetite for the issue, Route Mobile’s IPO was subscribed 74.36 times. The issue had closed on Friday. KFin Technologies Private Limited is the registrar of Route Mobile IPO and investors can check the allotment on its website when the allotment is finalised.

Investors can also check on BSE website by entering PAN and IPO application number.

Route Mobile shares are likely to get listed on 21st September, say brokerages.

The ₹600-crore public offer of Route Mobile, a cloud communications service provider, received bids for over 89 crore shares as against the total issue size of 1.21 crore shares.