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Route Mobile to list on bourses on September 21: here's what to expect

The cloud communication services provider will list on bourses on September 21 and the final issue price is fixed at Rs 350 per share.

September 21, 2020 / 04:18 PM IST

After a strong debut of Happiest Minds Technologies, Route Mobile is also expected to witness stellar listing in the coming week given the strong financials and management, market leadership in cloud-communication, expected solid growth in digitalisation and hefty subscription.

The cloud communication services provider will list on bourses on September 21 and the final issue price has been fixed at Rs 350 per share.

Experts feel the listing premium could be in the range of 55-70 percent, i.e. Rs 550-600 per share against issue price and are bullish on prospects of the company citing rapid increase in digitalisation post COVID-19.