Price Band
₹83 - ₹88
Lot Size
1600
Issue Size
₹43.73 Cr
GMP
N/A
Subscription
15.23x
Analyzing...
IPO Schedule
1
Open
12 Dec 2025
2
Close
16 Dec 2025
3
Allotment
-
4
Listing
19 Dec 2025
About Exim Routes
Exim Routes is an SME focused on providing logistics and supply chain solutions, primarily catering to import and export businesses. The company likely offers services such as freight forwarding, customs clearance, warehousing, and transportation.
Key Strengths
- High Return on Equity (ROE) of 53.14% indicates strong profitability and efficient use of shareholder equity.
- Relatively low Price-to-Earnings (P/E) ratio of 16.04 suggests the IPO may be reasonably valued compared to industry peers.
- Focus on the import-export sector offers a niche market with potential for growth given increasing global trade.
- SME segment listing may attract higher retail participation and potential for listing gains.
- Potential for expansion and diversification of services within the logistics and supply chain domain.
Risk Factors
- •SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
- •The company's performance is heavily reliant on the global trade environment and is susceptible to fluctuations in trade policies and economic conditions.
- •Competition from larger, more established logistics companies could impact market share and profitability.
Valuation Analysis
The IPO appears reasonably priced based on the P/E ratio, but investors should carefully consider the risks associated with SME IPOs and the company's reliance on the global trade environment.
IPO Details
ExchangeNSE
SegmentSME
Face Value₹5
Lot Size1600
Issue Size₹43.73 Cr
Key Metrics
ROE53.14%
ROCE35.53%
P/E Ratio16.04
Industry P/E20
EPS5.49
PAT Margin6.27%
Debt/Equity0.20
Growth & Quality
ProfitableYes ✓
Subscription
Total0.51x
Imbalance Ratio2.0x
Documents
RHP not available
Key Dates
Open Date12 Dec 2025
Close Date16 Dec 2025
Listing19 Dec 2025