Exim Routes Ltd IPO

Exim Routes Ltd IPO

Our Company operates as a global platform enabling the exchange of recyclable paper materials, offering end-toend services to Indian Paper Mills from sourcing to logistics. Central to this, is our AI-powered B2B platform, the Exim Routes Intelligence System (ERIS). ERIS streamlines supply chain operations through global inventory matching and price discovery, enables efficient customer and communication, delivers actionable insights via integrated market intelligence, and ensures seamless logistics execution with our freight partners. By consolidating data ERIS empowers decisions, transactions, and optimized supply and demand.

Exim Routes Ltd IPO Details

Total Shares Offered

₹ 49,69,600

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

₹ 87,31,292

Exchange

NSE

Issue size

₹ 43.73 Cr

IPO Open Date

Dec 12, 2025

Close Date

Dec 16, 2025

Lot Size

3200

Min Investment

₹ 2,65,600

Issue Type

Book Building - SME

Listing Date

Dec 19, 2025

Exim Routes Ltd IPO Dates

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Dec 12, 2025
Opening date
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Dec 16, 2025
Closing date
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Dec 17, 2025
Basis of Allotment
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Dec 18, 2025
Initiation of Refunds
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Dec 18, 2025
Credit of Shares
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Dec 19, 2025
Listing date

Details

SectorType
SectorMiscellaneous
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Exim Routes Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations4.991.120.54
EBITDA5.231.360.69
PAT3.550.620.30
Total Assets16.122.103.49
Share Capital6.890.100.10
Total Borrowings5.610.701.11
Operating Activities (Net Cash)3.790.860.45
Investing Activities (Net Cash)-4.290.590.08
Financing Activities (Net Cash)5.610.701.11
Net Cashflow1.890.110.22

About Exim Routes Ltd

Our Company was originally incorporated as a private limited company with the name of Exim Routes Private Limited under the Companies Act, 2013 vide certificate of incorporation dated April 23, 2019, issued by Registrar of Companies, NCT of Delhi and Haryana, bearing CIN U51909DL2019PTC349006. Further the registered office of the company was shifted from NCT of Delhi, to Haryana and fresh certificate of incorporation was obtained from ROC, Delhi and Haryana vide CIN: U51909HR2019PTC115525. Subsequently, our Company was converted into a public limited company pursuant to a resolution passed by our Shareholders at an Extraordinary General Meeting held on August 07, 2024 and consequently the name of our Company was changed to Exim Routes Private Limited to Exim Routes Limited and a fresh certificate of incorporation dated October 24, 2024 was issued by the Central Processing Centre. The corporate identification number of our Company is U51909HR2019PLC115525.

The global economy, which recorded GDP growth of 3.3% in CY 2024, is expected to moderate slightly to 3.2% in CY 2025, marking the slowest expansion since 2020 and a downgrade from earlier projections. The outlook for CY 2026 has also been reduced to 3.1%. This slowdown is primarily driven by persistent inflation in several major economies despite monetary tightening, energy market volatility due to geopolitical tensions, and ongoing uncertainty surrounding global trade policies. High inflation and elevated borrowing costs have weakened private consumption, while fiscal consolidation has impacted government expenditure, collectively contributing to the anticipated moderation in global growth.

Our Company operates as a global platform enabling the exchange of recyclable paper materials, offering end-toend services to Indian Paper Mills from sourcing to logistics. Central to this, is our AI-powered B2B platform, the Exim Routes Intelligence System (ERIS). ERIS streamlines supply chain operations through global inventory matching and price discovery, enables efficient customer and communication, delivers actionable insights via integrated market intelligence, and ensures seamless logistics execution with our freight partners. By consolidating data ERIS empowers decisions, transactions, and optimized supply and demand.

Peer Comparison:

  • Exim Routes Limited

Exim Routes Ltd Key Points

Strengths

Designing and execution capabilities.

Experienced management team and a motivated and efficient work force.

Cordial relations with our consumers.

Quality assurance and control.

Risk

Changes in technology or failure to upgrade or adapt changes may render our existing Exim Routes Intelligence System (ERIS) technology obsolete and require significant investments, which may impact our business and financial condition.

Regulatory restrictions on wastepaper trading, including import/export norms and environmental compliance, may impact business operations. Changes in policy or classification standards could disrupt supply chains and affect material availability.

Our major revenue is sourced from trading of Paper Recyclables. Our inability or failure to manage and attract more clients in this segment could adversely affect our business.

Strategy

Geography expansion.

Diversification into adjacent recyclables.

ERIS development and monetisation.

How To Apply for Exim Routes Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Exim Routes Ltd IPO?

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Exim Routes Ltd's IPO offers shares for up to 43.73 It begins on Dec 12, 2025 and ends on Dec 16, 2025.

What is the price of the Exim Routes Ltd IPO?

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The price of Exim Routes Ltd IPO ranges between ₹83 to ₹88 per share.

What are the open and close dates for the Exim Routes Ltd IPO?

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The Exim Routes Ltd IPO opens on Dec 12, 2025 and closes on Dec 16, 2025.

When will the Exim Routes Ltd IPO be allotted?

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The allotment for the Exim Routes Ltd IPO will be finalised on Dec 17, 2025. The shares will be listed on BSE and NSE on Dec 19, 2025.

What is the minimum lot size required for Exim Routes Ltd IPO?

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The minimum lot size for Exim Routes Ltd IPO is 3200 shares, priced between ₹83 to ₹88 per share.

What is the GMP of Exim Routes Ltd IPO?

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The GMP (Grey Market Premium) of Exim Routes Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Exim Routes Ltd IPO?

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To check the allotment status of Exim Routes Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Exim Routes Ltd IPO getting listed?

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The Exim Routes Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Dec 12, 2025, and closes on Dec 16, 2025. The allotment is finalised on Dec 17, 2025.

How do you apply for the Exim Routes Ltd IPO?

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To apply for the Exim Routes Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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