Exim Routes IPO Subscription Day 1

Here, the Exim Routes IPO launched on 12th December 2025. Bidding for the issue will close today, 19th December 2025. The primary aim of the Exim Routes IPO is to raise ₹43.73 crores from the market. Also, the Exim Routes IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the Exim Routes IPO subscription and details. 

Exim Routes IPO Details 

The price band for Riddhi Display Equipment’s IPO has been set at ₹83 to ₹88 per share, and a total of 49,69,600 shares are being issued. Let’s segregate the share quota fixed for different categories of investors. 

Exim Routes IPO Subscription Status

As of now, the Exim Routes IPO has been subscribed to 0.10 times. Of these, 0.13 times are subscribed by retail investors, 0.17 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of Exim Routes’s IPO listing on 19th December 2025. Exim Routes also has a positive outlook behind the fresh issue of 0.50 crore shares, which will raise around Rs 43.73 crores.

Exim Routes IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Exim Routes IPO GMP for 12th December 2025. 

The grey market premium for this IPO has surged to 10.23% or Rs 9.00 per share. It indicates that the estimated listing price per share is Rs 97.00. Numerous factors played a pivotal role in this jump in the GMP of Riddhi Display Equipment’s IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

About Exim Routes Ltd.

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 the Exim Routes IPO. Look at the table to learn about Exim Routes Limited’s financials. 

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.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Exim Routes IPO.

Exim Routes IPO Listing Expectations

Exim Routes IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A jump of 10.23% in Yash Highlight GMP suggests the estimated listing price per share will be around Rs 97.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Exim Routes IPO Dates

Note: IPO GMP is volatile and depends on market sentiment. Hence, one should conduct their research before investing in it.

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