Exim Routes IPO GMP: Day 1 IPO Live Updates
Posted by : sachet | Fri Dec 12 2025
The Exim Routes IPO GMP is ₹9 as of 12th December 2025. It is a bookbuilding IPO of ₹43.73 crores. This is an entirely fresh issue of 0.50 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 19th December 2025. The face value of Exim Routes IPO shares is ₹5 per share, and the IPO price band is ₹83 to ₹88 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth ₹2,81,600
Exim Routes IPO GMP Grey Market Premium
As mentioned earlier, the Exim Routes IPO GMP currently stands at ₹9 per share. Thus, the estimated listing price would be flat at ₹97. This indicates that the estimated listing gain in this IPO could be 10.23%. Explore the table for Riddhi Display Equipment IPO GMP updates.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 12-12-2025 | ₹88.00 | ₹9.00 | ₹97.00 | 10.23% |
| 11-12-2025 | ₹88.00 | ₹9.00 | ₹97.00 | 10.23% |
| 10-12-2025 | ₹88.00 | ₹6.00 | ₹94.00 | 6.82% |
| 9-12-2025 | ₹88.00 | ₹6.00 | ₹94.00 | 6.82% |
| 8-12-2025 | ₹88.00 | ₹6.00 | ₹94.00 | 6.82% |
Note: GMP details are subject to change based on market conditions and fluctuations. Check live Exim Routes IPO GMP status at Univest.
Exim Routes IPO Details
| IPO Allotment Date | 17th December 2025 |
| IPO Open Date | 12th December 2025 |
| IPO Close Date | 16th December 2025 |
| Refund Initiation | 18th December 2025 |
| Issue Size | 49,69,600 shares(aggregating up to ₹43.73 Cr) |
| Face Value | ₹5 per share |
| Lot Size | 1,600 Shares |
| Issue Price | ₹83 to ₹88 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | 19th December 2025 |
Also Read: Exim Routes IPO GMP & Review: Apply or Avoid?
Explanation
Exim Routes IPO: Exim Routes IPO Limited has declared an issue price band of ₹83 to ₹88 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 3,200 shares, each worth ₹2,81,600. The face value of Exim Routes IPO Limited shares is ₹5 per share. The shares of Exim Routes IPO Limited will be listed on NSE and SME on its tentative listing day, 19th December 2025. Scroll down to check GMP updates and Exim Routes IPO reviews.
Exim Routes IPO Objectives
The primary aim of the Exim Routes IPO is to raise ₹43.73 crores. On the other hand, Exim Routes has decided to utilise these funds in different ways.
- To meet the expenses for development and Maintenance of the ERIS platform
- To meet the costs for Working Capital to fund business growth
- To meet the expenses for Investment in Office space to accommodate new hires
- General Corporate Purposes
Exim Routes IPO Registrar
Maashitla Securities Private Limited is the registrar for the Exim Routes IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Exim Routes allotment and refund, you can contact Maashitla Securities Private Limited at contact@maashitla.com or +91-11-45121795-96.
Exim Routes IPO Review
The Exim Routes IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Exim Routes Limited’s revenue increased by 67% from ₹72.39 crores in March 2024 to ₹120.99 crores in March 2025. Moreover, the company’s PAT increased by 80% from ₹4.20 crores in March 2024 to ₹7.56 crores in March 2025.
Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Exim Routes IPO or not.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 16.04 |
| EPS (Earnings Per Share) | 5.49 |
| RoNW | 42.28% |
| ROCE | 26.81% |
| ROE | 42.28% |
| EBITDA Margin | 8.24% |
| Price to Book Value | 7.77 |
| Market Capitalisation | ₹165.02 Cr |
The PE ratio of Exim Routes Limited shares is 16.04, and its Earnings Per Share (EPS) stands at 5.49. Thus, the Exim Routes IPO can deliver gains on its tentative listing date, 19th December 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Exim Routes Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 16.04 | 35.18 |
| EPS | 5.49 | 2.50 |
FAQs on Exim Routes IPO
What is the Exim Routes IPO GMP?
Currently, on 12th December 2025, the Exim Routes IPO GMP (Grey Market Premium) stands at ₹9. This indicates that the estimated listing price could be ₹97.00 per share.
What is the issue price of Exim Routes IPO?
The Exim Routes IPO issue price band is set at ₹83.00 to ₹88.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 3,200 shares, worth ₹2,81,600. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹4,22,400.
Who is the registrar of the Exim Routes IPO?
Maashitla Securities Private Limited is the registrar for the Exim Routes IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Exim Routes allotment and refund, you can contact Maashitla Securities Private Limited at contact@maashitla.com or +91-11-45121795-96.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Exim Routes IPO, download the Exim Routes IPO RHP and Exim Routes IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
Recent Articles
Ravelcare IPO GMP: Day 3 IPO Live Updates
Astron Multigrain IPO Subscription Day 2
Astron Multigrain IPO GMP: Day 2 IPO Live Updates
Invicta Diagnostic IPO Subscription Day 2
