IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.
About IPO Scanner
IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.
Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.
Details of client bank account
For any query / feedback / clarifications, email at
[email protected].
Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.
© 2026 IPO Scanner. All rights reserved.
Want to stay updated?Subscribe to our newsletter

Open Date
12 Dec 2025
Close Date
16 Dec 2025
Min Investment
₹281600
Lot Size
3200 Shares
Issue Size
₹43.73 Cr
Price Range
₹83 - ₹88
Listing Date
Dec 19, 2025
Incorporated in April 2019, Exim Routes Limited is an online intercontinental marketplace that aides in the exchange of recyclable paper material wastes by providing end-to-end services to Indian Paper Mills, right from sourcing waste paper to quality assurance and logistics.The Company has a group structure, comprising a parent located in India, namely Exim Routes Limited, and foreign subsidiaries.Exim Routes is a global recyclable exchange company focused on facilitating cross-border trade in recyclable materials, with particular emphasis on paper and metal scrap.Exim Routes provides its own AI-driven B2B platform, called 'ERIS,' which aims to connect recyclable paper buyers and sellers for hassle-free procurement, supply-chain, and delivery.It involves sourcing wastepaper from around the world 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, besides the subsidiaries in the USA, UK, Germany, and South Africa.The company offers comprehensive services such as sourcing, quality assurance, logistics, and trade execution.Exim Routes integrates a global network with a technology-driven methodology to simplify the recyclables trade ecosystem.As of November 30, 2025, our Company currently employs 18 employees.
Sotefin Bharat
Caliber Mining & Logistics
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 | |
Gulf Lloyds (India) SME | 20th Jul 2026 - 22nd Jul 2026 | 18.19 Cr | 1200 Shares | ₹ 100.00 |
IPO Doc
RHP PDFRevenue Growth
Company Valuation
Earning Expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
The company will utilise ₹14.50 crore to develop and maintain the ERIS platform The company will utilise ₹9 crore towards expenses for working capital to fund business growth The company will utilise ₹7.13 crore for investment in office space to accommodate new hires. Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Capital expenditure
33.1%
Working capital
20.5%
Investment in office space
16.3%
General corporate purpose
30.1%
The company will utilise ₹14.50 crore to develop and maintain the ERIS platform
The company will utilise ₹9 crore towards expenses for working capital to fund business growth
The company will utilise ₹7.13 crore for investment in office space to accommodate new hires.
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).
In Cr.
| Key Performance Indicator | 30-Jun-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|---|
| Revenue | 44.17 | 120.99 | 72.39 | 36.46 |
| EBITDA | 1.39 | 9.95 | 4.58 | 0.64 |
| Expenses | ||||
| Profit After Tax | 1.17 | 7.56 | 4.20 | 0.37 |
| Assets | 50.97 | 47.62 | 20.53 | 6.63 |
| Net Worth | 16.38 | 15.60 | 1.18 | 0.56 |
| Reserves | 15.71 | 14.41 | 3.58 | 0.53 |
| Borrowing | 5.10 | 2.75 | 1.46 | 2.86 |
Mr. Manish Goyal
Mr. Govind Rai Garg
71.35%
52.44%
Exim Routes
Unit No 421, 4th Floor, Suncity Success Tower, Golf Course Extension Road, Sector 65, Gurgaon, Haryana, 122101
Maashitla Securities Pvt.Ltd.