Nuvama served as BRLM in the IPO of Route Mobile Ltd.

Route Mobile Ltd is a cloud communication platform provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). Its range of enterprise communication services includes smart solutions in Messaging, Voice, Email, SMS Filtering, Analytics, and Monetization.

Nuvama advised the promoter as Book Running Lead Manager (BRLM), ensuring optimal deal construct, pricing, and timing. Nuvama hand-held the Promoter through the entire process including optimal deal construct, pricing & timing of the issue and positioning the company to investors
Deal Size: INR 6,281 mn (~ USD 75 mn).

Advised in the sale of

Route Mobile Ltd

to

n.m. (IPO)

Technology, Media, and Telecom

MidCap Alliance