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exim routes ltd
SMENSECLOSED

exim routes ltd IPO

EXIMROUTESISIN: INE19I001020
Listed at
110
25.00%

IPO Overview

Exim routes ltd IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹43.73 Cr. The IPO price band is set at ₹83 to ₹88 per share, and retail investors can apply with a minimum investment of ₹2.82 L as per IPO guidelines.
The Exim routes ltd IPO opens on 12 Dec 2025 and closes on 16 Dec 2025. The IPO allotment is expected to be finalized on 17 Dec 2025, and the equity shares are proposed to be listed on NSE on 19 Dec 2025.
Investors can refer to the Exim routes ltd IPO RHP-DRHP for detailed information. The issue is managed by Narnolia Financial Services Ltd as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.

Price Band
₹83 to ₹88
Issue Size
₹43.73 Cr
Lot Size
1600Min 2 Lots
P/E Ratio
16.04x
Min Investment
₹2.82 L

About Company

Incorporated in April 2019, Exim Routes Limited is a global platform that facilitates the exchange of recyclable paper materials, offering end-to-end services to Indian Paper Mills, from sourcing waste paper to quality assurance and logistics.

The Company operates through a group structure, with an Indian parent, Exim Routes Limited, and foreign subsidiaries.

Exim Routes is a global recyclable exchange company focused on facilitating cross-border trade in recyclable materials, particularly paper and metal scrap.

Exim Routes uses its proprietary AI-powered B2B platform (referred to as “ERIS”) to connect buyers and sellers of recyclable paper, streamlining procurement, supply-chain and delivery.

Its business model involves sourcing wastepaper globally and supplying to Indian mills, handling logistics and trade coordination across geographies.

Their operations span multiple continents, with a strong presence in India and Singapore, as well as subsidiaries in the USA, UK, Germany, and South Africa.

They offer comprehensive services, including sourcing, quality assurance, logistics, and trade execution.

Exim Routes combines a global network with a tech-driven approach to simplify the recyclables trade ecosystem.

As of November 30, 2025, our Company has 18 employees.

Important Dates

Issue Opens
12 Dec 2025
Issue Closes
16 Dec 2025
Allotment
17 Dec 2025
Listing
19 Dec 2025

Financial Performance

Loading chart...

IPO Lot Size

CategoryLotsSharesAmount
S-HNI (Min)23,200₹2,81,600
S-HNI (UPI)34,800₹4,22,400
S-HNI (Max)711,200₹9,85,600
B-HNI (Min)812,800₹11,26,400
RHP Document
DHRP Document

Allocation Breakdown

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Market Makers
5.02%
Retail
33.35%
QIB
47.33%
NII
14.29%

Issue Details

Issue Type
BB
Face Value
₹5
Lead Managers
Narnolia Financial Services Ltd
Min Quantity
3,200
Company Promoters
Mr. Manish GoyalMr. Govind Rai Garg
Website
https://eximroutes.ai/
Email
cs.er@eximroutes.in
Phone
91 95602 71761
Address
Unit No 421, 4th Floor,
Suncity Success Tower, Golf Course Extension Road,
Sector 65,
Gurgaon, Haryana, 122101

Registrar

Registrar Name
Maashitla Securities Private Limited
Email
investor.ipo@maashitla.com
Phone
4512179596
Address
451, Krishna Apra Business Square
Netaji Subhash Place
Pitampura, Delhi, 110034
Website
https://maashitla.com/allotment-status/public-issues

Exim routes ltd IPO is a public issue in which the company offers its equity shares to investors through the stock exchange. The IPO allows retail investors, HNIs, and institutional investors to participate.

The IPO price band of Exim routes ltd IPO is ₹83 to ₹88 per share, as mentioned in the issue details.

The minimum investment in Exim routes ltd IPO is ₹281600, based on the minimum lot size applicable for retail investors.

The lot size of Exim routes ltd IPO is 1600 shares per lot, and applications must be made in multiples of this lot size.

Exim routes ltd IPO opens on 12 Dec 2025 and closes on 16 Dec 2025, as per the announced IPO schedule.

The Exim routes ltd IPO subscription status shows how many times the issue has been subscribed across retail, HNI, and institutional categories during the IPO period.

The Exim routes ltd IPO GMP (Grey Market Premium) today is around ₹undefined, reflecting current grey market activity before listing.

Exim routes ltd IPO GMP is currently negative, indicating prevailing sentiment in the grey market. GMP may change daily based on demand.

A positive Exim routes ltd IPO GMP may suggest potential listing interest, while actual listing performance depends on subscription levels and overall market conditions.

From a retail investor perspective, Exim routes ltd IPO is evaluated based on pricing, lot size, subscription trends, and market sentiment. Investors should assess these factors before applying.

The Exim routes ltd IPO listing date is expected to be 19 Dec 2025, subject to completion of allotment and exchange procedures.

The expected listing price of Exim routes ltd shares depends on demand, subscription response, GMP trends, and overall market sentiment at the time of listing.

Exim routes ltd IPO allotment status can be checked online once the allotment process is completed using PAN, application number, or DP ID details.

Exim routes ltd IPO is categorized as a SME IPO based on the exchange and issue structure.

Yes, Exim routes ltd IPO subscription figures and GMP may change during the issue period and before listing due to market activity and investor demand.