Exim Routes Limited IPO
Exim Routes Limited IPO
SME NSE SME 100% Book Built Offer
Closed

Price Band

₹83 - ₹88

Total Issue

₹44 Cr

Bid Dates

12 Dec - 16 Dec

Subscription

15.30x

Est. GMP

₹35 (39.77%)

Website RHP Check Allotment

Valuation

Market Cap

₹165.02 Cr

P/E Ratio

16.83x

P/B Ratio

5.69x

Exim Routes IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Exim Routes IPO Lot Size

Lot Information for Exim Routes IPO
Category Lots Shares Amount
Ind (Min) 2 3,200 ₹2,81,600
Ind (Max) 2 3,200 ₹2,81,600
S-HNI (Min) 3 4,800 ₹4,22,400
S-HNI (Max) 7 11,200 ₹9,85,600
B-HNI (Min) 8 12,800 ₹11,26,400
Allocate Funds
Market Maker
2,49,600 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Exim Routes IPO Size

Total ₹43.73 Cr
Fresh Issue
₹44 Cr (0.50 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. To meet out the expenses for Development and Maintenance of the ERIS platform
  2. To meet out the expenses for Working Capital to fund business growth
  3. To meet out the expenses for Investment in Office space to accommodate new hires.
  4. General Corporate Purposes

Exim Routes IPO IPO Live Subscription

Updated as on 16-Dec-2025 19:00:11 hrs

Category Sub (x) Offered Bids
QIB 19.11x 9,40,800 1,79,77,600
NII 22.43x 7,10,400 1,59,31,200
bHNI 27.73x 4,70,400 1,30,46,400
sHNI 12.02x 2,40,000 28,84,800
Individual Investor 9.94x 16,57,600 1,64,73,600
Total 15.23x 33,08,800 5,03,82,400

Exim Routes IPO IPO Details Live GMP

GMP ₹35
Est. Price ₹123
Est. Gain 39.77%

Exim Routes IPO Peer Comparison

There are no comparable listed peer of our company and therefore information related to peer is not provided.

Exim Routes IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Exim Routes IPO
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

Key Performance Indicators (KPIs)

EBITDA

25.66%

ROE

42.28%

ROCE

26.81%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

71.35%

Public

28.65%

Manish Goyal 63.35%
Others 8.00%

Management

Manish Goyal CEO
Anshul Bansal CFO

Registrar & Lead Managers

Lead Managers (1)

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/

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Frequently Asked Questions (FAQs)

What is Exim Routes IPO?
Exim Routes IPO is a SME IPO having an issue size of ₹44 Crs. Exim Routes IPO is priced at ₹83 - ₹88 per share. The issue opens on 12 Dec 25 and closes on 16 Dec 25.
When will Exim Routes IPO open?
Exim Routes IPO opens on 12 Dec 25 and closes on 16 Dec 25.
What is the GMP of Exim Routes IPO?
The estimated Grey Market Premium of Exim Routes IPO is ₹35 per share (39.77%).
What is the lot size of Exim Routes IPO?
The minimum lot size of Exim Routes IPO is 1600 shares & the minimum application amount is Rs. 140800.
When is the allotment of Exim Routes IPO?
The allotment date of Exim Routes IPO is 17 Dec 25.
What is the listing date of Exim Routes IPO?
The listing date of Exim Routes IPO is 19 Dec 25.
What is the subscription of Exim Routes IPO?
Exim Routes IPO is subscribed 15.30 times.
What is the price band of Exim Routes IPO?
Exim Routes IPO is priced at ₹83 - ₹88 per share.
How to check allotment status of Exim Routes IPO?
Click the allotment link on Exim Routes IPO page of IPO360.
How to apply Exim Routes IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Exim Routes IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Exim Routes IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Exim Routes IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date