
Exim Routes
19 Dec '25SME
Min. Investment
₹2,65,600
Issue size
₹43.73 Cr
GMP
Locked
Overall subscription: 14.06x
Check allotment status
Expert verdict

IPO dates
12 Dec
Opening
16 Dec
Closing
17 Dec
Allotment
19 Dec
Listing
*Refunds will be initiated on 18 Dec '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,81,600 |

Subscription (as on 06 January 2026, 04:30 PM)
Overall14.06x
About company
Founded: 2019|MD: Mr Manish Goyal
- Exim Routes operates as a platform for the exchange of recyclable paper materials, providing sourcing/procurement of waste paper, quality assurance, and logistics services to Indian paper mills.
- It supports these operations through the Exim Routes Intelligence System (ERIS), an artificial intelligence (AI)-powered B2B digital platform used for supply chain operations and offer management (inventory and demand matching, price discovery, bidding and trade closure), customer and partner communication and tracking, market intelligence using internal and external data points (including pricing and grade quality parameters), and logistics execution through logistics partners and freight forwarders.
- The company also engages in high-seas sales as an intermediary buyer supplying waste paper to Indian paper mills, conducts limited domestic trading, provides services to select suppliers and foreign subsidiaries, and licenses ERIS to chosen mills and suppliers through sales and subscriptions.
Issue Details & Objective
Lot size
1600 Shares
Price band
₹83 to 88
Face value
₹5 per share

Financials
IPO reservation
Anchor investor - 28.40%
QIB - 18.93%
HNI - 14.29%
Retail - 33.35%
FAQs
Should I apply for the Exim Routes IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Exim Routes IPO?
The issue size of Exim Routes IPO is ₹43.73 Cr
What are the open and close dates for Exim Routes IPO?
The Exim Routes IPO will be open for applications from 12 Dec '25 to 16 Dec '25
What is the lot size and minimum order quantity of Exim Routes IPO?
The lot size of Exim Routes IPO is 1600 Shares and its minimum investment amount is ₹2,65,600.
What is the GMP value of Exim Routes IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Exim Routes IPO is 10.23

