
Exim Routes IPO Listing at 25% Premium at ₹110 Per Share
Posted by : sachet | Fri Dec 19 2025

Exim Routes IPO listing: The Exim Routes IPO was subscribed 15.23 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received 19.11 times, and non-institutional investors (NIIs) received 22.43 times. The retail quota of the issue was subscribed to 33.35%. Before delving deeper into the topic, go through the details of the Exim Routes IPO.
Exim Routes IPO
It is a book-building issue of ₹43.75 crore shares. The issue is entirely a fresh issue of 0.50 crore shares. The IPO is expected to be listed on the NSE and SME with a tentative listing date of 19th December 2025. The Vidya Wires IPO is expected to take place from 12th December 2025 to 16th December 2025. The face value of Vidya Wires IPO shares is ₹5 per share, and the IPO price is set at ₹88 per share.
| 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 |
Exim Routes IPO Listing
On the NSE platforms, Exim Routes shares are listed at ₹110 per share, reflecting a 25% premium over the issue price of ₹88 per share. On the other hand, on the SME platform, shares are listed at ₹110 per share, reflecting a premium of 25% from their issue price of ₹88.00 per share.
About the Exim Routes IPO
Exim Routes was established 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.
Exim Routes Limited Financials
The company’s financial analysis is essential before applying for Exim Routes Limited’s IPO. Refer to the table to learn about Vidya Wires Limited’s financial information.
| Year Ended | 30th June 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 | 31st March 2023 |
| 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 |
| EBITDA | 1.39 | 9.95 | 4.58 | 0.64 |
| Net Worth | 16.38 | 15.60 | 1.18 | 0.56 |
| Reserves and Surplus | 15.71 | 14.41 | 3.58 | 0.53 |
| Total Borrowings | 5.10 | 2.75 | 1.46 | 2.86 |
Explanation
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.
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