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Exim Routes IPO IPO

Mainline12 Dec 202516 Dec 2025
Open
12 Dec 2025
Close
16 Dec 2025
3
Allotment
Listing
Fri, Dec 19, 2025
Price Band
₹83 to ₹88
Issue Size
49,69,600 shares (agg. up to ₹44 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Dec 19, 2025
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total10.83x

Restated Financials (₹ Cr.)

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets50.9747.6220.536.63
Total Income44.17120.9972.3936.46
Profit After Tax1.177.564.200.37
EBITDA1.399.954.580.64
NET Worth16.3815.601.180.56
Reserves and Surplus15.7114.413.580.53
Total Borrowing5.102.751.462.86
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Aaradhya Disposal Industries Ltd.SME₹45.10 Cr₹11611.57₹116.55+0.47%₹75.00 (-0.07%)
Aten Papers & Foam Ltd.SME₹31.68 Cr₹969.58₹85.50-10.94%₹22.24 (+4.96%)
Nikita Papers Ltd.SME₹67.54 Cr₹10411.39₹90.45-13.03%₹79.10 (+0.00%)
Spinaroo Commercial Ltd.SME₹10.17 Cr₹5118.21₹54.44+6.75%₹56.78 (-4.99%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To meet out the expenses for Development and Maintenance of the ERIS platform14.50
2To meet out the expenses for Working Capital to fund business growth9.00
3To meet out the expenses for Investment in Office space to accommodate new hires7.13
4General Corporate Purposes6.54
5Issue Expenses6.56
Total43.73

About Exim Routes IPO

Incorporated in April 2019, Exim Routes Limited is a global platform that facilitates the exchange of recyclable paper materials, offering end-to-end services to Indian Paper Mills, from sourcing waste paper to quality assurance and logistics. The Company operates through a group structure, with an Indian parent, Exim Routes Limited, and foreign subsidiaries. Exim Routes is a global recyclable exchange company focused on facilitating cross-border trade in recyclable materials, particularly paper and metal scrap. Exim Routes uses its proprietary AI-powered B2B platform (referred to as “ERIS”) to connect buyers and sellers of recyclable paper, streamlining procurement, supply-chain and delivery. Its business model involves sourcing wastepaper globally and supplying to Indian mills, handling logistics and trade coordination across geographies. Their operations span multiple continents, with a strong presence in India and Singapore, as well as subsidiaries in the USA, UK, Germany, and South Africa. They offer comprehensive services, including sourcing, quality assurance, logistics, and trade execution. Exim Routes combines a global network with a tech-driven approach to simplify the re

Contact Details

Exim Routes Ltd. AddressUnit No 421, 4th FloorSuncity Success Tower, Golf Course Extension RoadSector 65Gurugram, Haryana, 122101+91 95602 71761cs.er@eximroutes.inVisit Website