Route Mobile makes stellar debut, list at 105% premium over issue price
Mon, Sep 21, 2020 10:33 AM

Route Mobile makes stellar debut, list at 105% premium over issue price

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Shares of Route Mobile Ltd made a stellar stock markets debut on Monday. The stock listed at ₹717 a premium of 104.85% over its issue price of ₹350 a piece. The ₹600-crore issue of Route Mobile was subscribed 73 times with a price band of of Rs345-Rs350 per share. The initial public offering (IPO) was open for subscription during 9-11 September.

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