Exim Routes Limited IPO
Exim Routes operates a global platform that enables the exchange of recyclable paper materials while providing end-to-end sourcing and logistics services to Indian Paper Mills. Its AI-powered B2B system, the Exim Routes Intelligence System (ERIS), enhances supply chain efficiency through global inventory matching, price discovery, and integrated market intelligence. ERIS supports effective customer communication, offers actionable insights, and ensures smooth logistics execution through freight partners. By consolidating data, the platform empowers informed decision-making, efficient transactions, and optimized supply–demand alignment.
Price Band₹83 - ₹88 |
Dates12 Dec - 16 Dec |
GMP₹35 (39.77%) |
Subscriptions15.30 times |
Issue Size₹43.73 Crs |
Exim Routes IPO Key Dates
Opening Date
12 Dec 25
Closing Date
16 Dec 25
Basis Of Allotment
17 Dec 25
Initiations Of Refund
18 Dec 25
Credit Of Shares
18 Dec 25
Listing Date
19 Dec 25
Exim Routes IPO Objects
- To meet out the expenses for Development and Maintenance of the ERIS platform
- To meet out the expenses for Working Capital to fund business growth
- To meet out the expenses for Investment in Office space to accommodate new hires.
- General Corporate Purposes
Exim Routes IPO Details
Price Band₹83 - ₹88 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹43.73 Cr (0.50 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹43.73 Cr (0.50 Cr Shares) |
Face Value₹5 per equity share |
Exim Routes IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
3,200
2,81,600
Maximum
2
3,200
2,81,600
|
|||
| Small HNI |
Minimum
3
4,800
4,22,400
Maximum
7
11,200
9,85,600
|
|||
| Big HNI |
Minimum
8
12,800
11,26,400
|
|||
Exim Routes IPO Subscription
Updated as on 16-Dec-2025 19:00:11 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 19.11 | 9,40,800 | 1,79,77,600 |
| NII | 22.78 | 7,10,400 | 1,61,80,800 |
| bNII | 28.27 | 4,70,400 | 1,32,96,000 |
| sNII | 12.02 | 2,40,000 | 28,84,800 |
| Individual Investor | 9.94 | 16,57,600 | 1,64,73,600 |
| Total | 15.30 | 33,08,800 | 5,06,32,000 |
Exim Routes IPO GMP
The estimated Grey Market Premium of Exim Routes IPO is ₹35 per share (39.77%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 2,49,600 EQ Shares |
Exim Routes IPO Financials
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 43.83 | 120.67 | 71.86 | 36.45 |
| PAT | 1.17 | 7.56 | 4.20 | 0.37 |
| Net Worth | 22.60 | 21.30 | 3.68 | 0.63 |
| Borrowings | 7.34 | 4.61 | 4.46 | 2.86 |
| Assets | 50.97 | 47.62 | 20.53 | 6.63 |
| NAV (₹) | 16.40 | 15.46 | 367.61 | 62.88 |
| EPS (₹) | 0.87 | 5.23 | 2.54 | 0.31 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 25.66% |
| ROE | 42.28% |
| ROCE | 26.81% |
| PE Ratio | 16.83 |
| PB Ratio | 5.69 |
| Mkt Cap (in Crs.) | 165.02 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Exim Routes IPO Peer Comparision
There are no comparable listed peer of our company and therefore information related to peer is not provided.
Exim Routes IPO Peer Comparision
There are no comparable listed peer of our company and therefore information related to peer is not provided.
Promoter Details
| Name | Shareholding |
|---|---|
| Manish Goyal | 63.35% |
| Others | 8.00% |
| Total | 71.35% |
Management Details
| Name | Designation |
|---|---|
| Manish Goyal | CEO |
| Anshul Bansal | CFO |
Company Details
Name: Exim Routes Limited
Address: Unit No 421, 4th Floor, Suncity Success Tower, Golf Course Extension Road, Sector 65, Gurugram, Haryana 122101, India
Number: +91 95602 71761
Email: cs.er@eximroutes.in
Website: https://eximroutes.ai/
Book Running Lead Managers (BRLMs)
RTAs
Maashitla Securities
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Exim Routes IPO is a SME IPO having an issue size of Rs. ₹43.73 Crs. Exim Routes IPO is priced at ₹83 - ₹88 per share. The issue opens on 12 Dec 25 and closes on 16 Dec 25.
Exim Routes IPO opens on 12 Dec 25 and closes on 16 Dec 25.
The estimated Grey Market Premium of Exim Routes IPO is ₹35 per share (39.77%).
The minimum lot size of Exim Routes IPO is 1600 shares & the minimum application amount is Rs. 140800.
The allotment date of Exim Routes IPO is 17 Dec 25.
The listing date of Exim Routes IPO is 19 Dec 25.
Exim Routes IPO is subscribed 15.30 times.
Exim Routes IPO is priced at ₹83 - ₹88 per share.
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