What is the subscription status of Exim Routes IPO?

As of Dec 16, 2025, the Exim Routes IPO subscription stands at 11.31× overall, QIB 7.64×, NII 22.78×, Retail N/A.

Exim Routes IPO Subscription History

Q: What is the allotment probability for Exim Routes IPO?

Based on current retail subscription of data unavailable, the allotment probability for Exim Routes IPO retail investors is estimated as Low–Moderate. Lottery-based allotment.

Q: How can I check Exim Routes IPO allotment status?

You can check your Exim Routes IPO allotment status on the registrar&#039;s website (Maashitla Securities Pvt. ltd.) using your PAN number, application number, or DP/Client ID. Alternatively, check through your demat account portal or BSE/NSE websites. Allotment basis date: December 17, 2025.

Q: When will Exim Routes IPO be listed?

Exim Routes IPO listing date is December 19, 2025, on NSE SME platform. Shares will be credited to allottee demat accounts 1 day before listing.

NSE SME

Subscription Status · Dec 12 – Dec 16, 2025 · ₹83–88

Full IPO Details

The Exim Routes IPO subscription has recorded strong investor demand with an overall subscription of 11.31× as of Dec 16, 2025, indicating that investors applied for 11.31 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

QIB subscribed 7.64×, institutional investors have fully covered their reserved quota, reflecting measured confidence in the company's fundamentals.
HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 28.27× and Small NII (below ₹10 lakh) subscribed 12.02×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.

QIB

7.64×

Qualified Institutional Buyers

NII

22.78×

Non-Institutional Investors

bNII

28.27×

Bids above ₹10L

sNII

12.02×

Bids below ₹10L

Individual

9.94×

Individual Investors

Total

11.31×

Heavily Oversubscribed

Live Subscription Data

Last updated: Dec 16, 2025, 5:27 PM IST

Overall

11.31×

Category	Shares Offered	Shares Bid For	Times Subscribed	Applications
QIB Qualified Institutional Buyers	2,352,000	17,977,600	7.64×	13
NII Non-Institutional Investors	710,400	16,180,800	22.78×	1,541
bNII Bids above ₹10L	470,400	13,296,000	28.27×	955
sNII Bids below ₹10L	240,000	2,884,800	12.02×	586
Retail Retail Individual Investors	-	2,769,600	-	562
Individual Individual Investors	1,657,600	16,473,600	9.94×	5,148
Total	4,720,000	53,401,600	11.31×	8,805

Heavily Oversubscribed — 11.31× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Mon, Dec 15, 2025

0.83× 545 apps

Category	Offered	Bid For	Times	Applications
QIB	2,352,000	1,411,200	0.60×	-
NII	710,400	1,116,800	1.57×	99
bNII	470,400	806,400	1.71×	-
sNII	240,000	310,400	1.29×	-
Individual Investors	1,657,600	1,427,200	0.86×	446
Total	3,062,400	2,528,000	0.83×	545

Tue, Dec 16, 2025

11.31× 8,805 apps

Category	Offered	Bid For	Times	Applications
QIB	2,352,000	17,977,600	7.64×	13
NII	710,400	16,180,800	22.78×	1,541
bNII	470,400	13,296,000	28.27×	955
sNII	240,000	2,884,800	12.02×	586
Retail	-	2,769,600	-	562
Individual Investors	1,657,600	16,473,600	9.94×	5,148
Total	4,720,000	53,401,600	11.31×	8,805

Frequently Asked Questions

What is the current subscription status of Exim Routes IPO?

As of December 16, 2025, the Exim Routes IPO has been subscribed 11.31 times overall. The IPO is fully subscribed with strong investor demand. A total of 8,805 applications received across all categories.

When was the Exim Routes IPO subscription window open?

The Exim Routes IPO subscription window was open from December 12, 2025 to December 16, 2025. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Exim Routes IPO?

The Exim Routes IPO has a price band of ₹83 to ₹88 per share, with a lot size of 1,600 shares. Minimum retail investment: ₹132,800 (lower band) or ₹140,800 (upper band).

What is the QIB subscription for Exim Routes IPO?

The QIB category has been subscribed 7.64 times. QIBs were offered 2,352,000 shares.

What is the NII subscription for Exim Routes IPO?

Overall NII: 22.78×. bNII (>₹10L): 28.27×, sNII (<₹10L): 12.02×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Exim Routes IPO allotment status?

Basis of allotment is on December 17, 2025. Check via the registrar's website, Maashitla Securities Pvt. ltd. using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Exim Routes IPO be listed?

Exim Routes IPO is expected to list on December 19, 2025. Shares will list on NSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.

What does 11.31× subscription mean for Exim Routes IPO?

A subscription multiple of 11.31× means investors have bid for 11.31 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Exim Routes IPO retail investors?

Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.

How to apply for Exim Routes IPO?

You can apply for Exim Routes IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Dec 12 to Dec 16, 2025.

What is the grey market premium (GMP) for Exim Routes IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Exim Routes IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.