
Logistics / Supply Chain · NSE
Incorporated in April 2019, Exim Routes Limited is a global recyclable exchange company that facilitates cross-border trade of recyclable materials—primarily paper and metal scrap—by providing end-to-end services to Indian Paper Mills, including sourcing, quality assurance, logistics, and trade execution. Operating through a group structure with its Indian parent and foreign subsidiaries in Singapore, the USA, UK, Germany, and South Africa, the company leverages its AI-powered B2B platform, ERIS (Exim Routes Intelligence System), to connect suppliers and buyers, streamline supply chain management, and enable seamless global trading. With a worldwide presence and a technology-driven approach that simplifies the recyclables ecosystem, Exim Routes continues to expand its role in sustainable trade, supported by a team of 18 employees as of June 30, 2025.
Price Band
₹83 – ₹88
Issue Size
₹43.73 Cr
Lot Size
1600 shares
GMP
+25.0%
Est. Listing
₹110
at current GMP
Subscribed
15.30x
overall
Open
12 Dec 2025
Close
16 Dec 2025
Allotment
17 Dec 2025
Refund
18 Dec 2025
Demat Credit
19 Dec 2025
Listing
19 Dec 2025
Designated Registrar: Maashitla Securities Private Limited
Allotment Date
17 Dec 2025
Basis finalization
Refunds Initiate
18 Dec 2025
Mandate release
Demat Credit
19 Dec 2025
Shares in demat
Listing Debut
19 Dec 2025
Trading begins
Exim Routes Limited is bringing an initial public offering (IPO) in the Logistics / Supply Chain sector with an aggregate issue size of ₹43.73 Crores. The shares are offered at a price band of ₹83 to ₹88 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-12-16, the basis of allotment is scheduled to be finalized on 2025-12-17. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.