Exim Routes
NSE SMEGMP is market estimated & subject to change. Not a guaranteed listing price.
Exim Routes IPO Issue Details
| Issue Price | ₹83-88 per equity share |
| Face Value | ₹5 Per Equity Share |
| Total Issue Size | 49,69,600 shares(aggregating up to ₹43.73 crore) |
| Fresh Share | N/A |
| Offer For Sale | N/A |
| Listing at | NSE SME |
| List Price | N/A |
| Listing Date | 2025-12-19 |
| Lead Manager | Narnolia Financial Services Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. |
Exim Routes IPO Live Subscription
Last Updated: 16 Dec, 13:42Total Subscription
15.30 x
Based on live data from BSE/NSE
Exim Routes IPO Subscription Analysis And Details
| Day / Date | QIB | NII (HNI) bNII (>10L) sNII (<10L) | Retail | Total |
|---|---|---|---|---|
| Shares Offered reserved quota | 9,40,800 | 7,10,400 4,75,200 2,40,000 | 16,57,600 | 33,08,800 |
Day 112 Dec 2025 | 0.00 xx | 1.21 1.45 0.71 | 0.49 xx | 0.51 xx |
Day 213 Dec 2025 | 0.00 xx | 2.99 3.68 1.56 | 1.12 xx | 1.20 xx |
Day 314 Dec 2025 | 19.11 xx | 22.78 27.98 12.02 | 9.94 xx | 15.30 xx |
Total Applications
6,701
Retail Subscription
Exim Routes IPO Financial Scorecard
Exim Routes IPO Peer Comparison
Exim Routes IPO Financial Results
| Metric | 30-Jun-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
|---|---|---|---|---|
| Assets | 50.97 | 47.62 | 20.53 | 6.63 |
| Revenue | 44.17 | 120.99 | 72.39 | 36.46 |
| Profit After Tax | 1.17 | 7.56 | 4.20 | 0.37 |
| Net Worth | 16.38 | 15.60 | 1.18 | 0.56 |
| Reserves & Surplus | 15.71 | 14.41 | 3.58 | 0.53 |
| Total Borrowing | 5.10 | 2.75 | 1.46 | 2.86 |
* In Cr.
IPO Timeline
IPO Open
12 Dec 2025
IPO Close
16 Dec 2025
TODAYAllotment
17 Dec 2025
Refunds
18 Dec 2025
Demat Credit
19 Dec 2025
Listing
19 Dec 2025
IPO Open
12 Dec 2025
IPO Close
16 Dec 2025
Expected TodayAllotment
17 Dec 2025
Refunds
18 Dec 2025
Demat Credit
19 Dec 2025
Listing
19 Dec 2025
Exim Routes IPO Lot Size & Application
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3200 | ₹2,81,600 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 3200 | ₹2,81,600 |
| S-HNI (Max) | 3 | 9600 | ₹8,44,800 |
| B-HNI (Min) | 4 | 12800 | ₹11,26,400 |
Exim Routes IPO About Company
Incorporated in April 2019, Exim Routes Limited is an online intercontinental marketplace that aides in the exchange of recyclable paper material wastes by providing end-to-end services to Indian Paper Mills, right from sourcing waste paper to quality assurance and logistics.
The Company has a group structure, comprising a parent located in India, namely Exim Routes Limited, and foreign subsidiaries.Exim Routes is a global recyclable exchange company focused on facilitating cross-border trade in recyclable materials, with particular emphasis on paper and metal scrap.
Exim Routes provides its own AI-driven B2B platform, called 'ERIS,' which aims to connect recyclable paper buyers and sellers for hassle-free procurement, supply-chain, and delivery.It involves sourcing wastepaper from around the world 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, besides the subsidiaries in the USA, UK, Germany, and South Africa.
The company offers comprehensive services such as sourcing, quality assurance, logistics, and trade execution.Exim Routes integrates a global network with a technology-driven methodology to simplify the recyclables trade ecosystem.
As of November 30, 2025, our Company currently employs 18 employees.
Exim Routes IPO Share Holding
Pre Issue
71.35%
Post Issue
52.44%
Promoters
Exim Routes IPO Where is the money going?
- 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
COMPANY
Exim Routes
Unit No 421, 4th Floor, Suncity Success Tower, Golf Course Extension Road, Sector 65, Gurgaon, Haryana, 122101
PHONE
+91 95602 71761
REGISTRAR
Maashitla Securities Private Limited
Common Questions
To decide on investing in Exim Routes, consider its financial health. The company reported a revenue of {"30-Jun-25": "44.17", "31-Mar-25": "120.99", "31-Mar-24": "72.39", "31-Mar-23": "36.46"} and a profit after tax of {"30-Jun-25": "1.17", "31-Mar-25": "7.56", "31-Mar-24": "4.20", "31-Mar-23": "0.37"}. It has a P/E ratio of N/A and a RoNW of 42.28%%. Always review the RHP and consult a financial advisor before investing.
Based on the latest Grey Market Premium (GMP) of ₹0, the expected listing price is around ₹88 per share. This suggests a potential listing gain of approx 0%. (Note: GMP is volatile and not a guarantee).
The IPO opens for subscription on 12 Dec, 2025 and closes on 16 Dec, 2025. The allotment status will be finalized by 17 Dec, 2025, and listing is expected on 19 Dec, 2025.
Retail investors need to apply for a minimum of 1 lot (1600 shares) which requires an investment of ₹1,40,800. For HNI investors, the minimum investment is 2 lots (3200 shares) amounting to ₹2,81,600.
You can check the allotment status on the registrar's website (Maashitla Securities Pvt.Ltd.) or via the BSE/NSE website once the allotment is finalized on 17 Dec, 2025.
The price band for Exim Routes IPO is set at ₹83 to ₹88 per share.
The minimum market lot (lot size) for Exim Routes IPO is 1600 shares. Retail investors can apply for up to 1 lots (1600 shares or ₹1,40,800).
The issue is divided into categories: Qualified Institutional Buyers (QIB) get N/A%, Non-Institutional Investors (NII/HNI) get N/A%, and Retail investors are allocated N/A% of the shares.