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News Details

( As on 09/12/2025 16:41)

Exim Routes announces launch of initial public offering

Exim Routes Ltd. has announced public offering of 4969600 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 83.00 per share. The gross proceeds of the issue are expected to be Rs 4,373.25 lakhs.

The company's initial public offer (IPO) will open on 12 December 2025 and is expected to close on 16 December 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 83.00-88.00 per share.

The IPO includes a fresh Issue of 4969600 Equity Shares of the Company at an price of Rs 88.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Exim Routes Ltd. anticipates using the proceeds of the issue for .

Narnolia Financial Services Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.