Exim Routes IPO

Incorporated in April 2019, Exim Routes Limited is a global recyclable exchange platform focused on paper and metal scrap. The company sources recyclable materials worldwide and supplies them to Indian paper mills, offering end-to-end services including procurement, logistics, quality assurance, and trade coordination. With operations across India, Singapore, the USA, UK, Germany, and South Africa, Exim Routes leverages its AI-powered B2B platform, ERIS, to connect buyers and sellers efficiently, streamlining global supply chains while maintaining high standards of quality and reliability.

Exim Routes Limited IPO Overview

Exim Routes Limited IPO is a book-building issue aggregating up to ₹43.73 crore, entirely a fresh issue of 49,69,600 shares. The IPO opens on 12 Dec 2025 and closes on 16 Dec 2025. The tentative allotment is scheduled for 17 Dec 2025, with refunds and demat credit on 18 Dec 2025, and listing on NSE SME on 19 Dec 2025. The price band is fixed at ₹83–₹88 per share, with a lot size of 1,600 shares. Narnolia Financial Services Ltd. is the book running lead manager, Maashitla Securities Pvt. Ltd. is the registrar, and Nikunj Stock Brokers Ltd. is the Market Maker.

Exim Routes Limited IPO Details

Exim Routes Limited IPO Reservation

Exim Routes Limited IPO Lot Size

Exim Routes Limited IPO Promoter Holding

Exim Routes Limited IPO Valuation Overview

Objectives of the Proceeds

• Development and maintenance of ERIS platform – ₹11.87 Cr

• Working capital to fund business growth – ₹9.00 Cr

• Investment in office space for new hires – ₹7.13 C

• General corporate purposes – amount not specified

Key Financials (in ₹ crore)