/ 1600 Shares
12-Dec-2025 - 16-Dec-2025
₹ 83 - ₹ 88
₹ 140800.00
1600
4,969,600
Face Value - ₹ 5/- Per Share
Listing at NSE
1,087 Application Required in Retail for 1 Time.
Registrar : Maashitla Securities Private Limited
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 recyclables trade ecosystem.
As of November 30, 2025, our Company has 18 employees.
A globally oriented sourcing network for recyclable paper materials, enabling access to international supply.
An AI-enabled B2B platform (ERIS) facilitates efficient buyer-seller matching and transaction coordination.
An end-to-end service model including procurement, logistics, and delivery — reducing complexity for Indian paper mills.
Experienced promoters and management with expertise in trade, supply chain, and business operations.
A business model tailored to meet demand from Indian paper mills seeking a consistent supply of recyclables.
Exim Routes Ltd.'s revenue increased by 67% and profit after tax (PAT) rose by 80% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 50.97 | 47.62 | 20.53 | 6.63 |
| Total Income | 44.17 | 120.99 | 72.39 | 36.46 |
| Profit After Tax | 1.17 | 7.56 | 4.20 | 0.37 |
| EBITDA | 1.39 | 9.95 | 4.58 | 0.64 |
| NET Worth | 16.38 | 15.60 | 1.18 | 0.56 |
| Reserves and Surplus | 15.71 | 14.41 | 3.58 | 0.53 |
| Total Borrowing | 5.10 | 2.75 | 1.46 | 2.86 |
| Amount in ? Crore | ||||
The Company Exim Routes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (? in crores) |
|---|---|---|
| 1 | To meet out the expenses for Development and Maintenance of the ERIS platform | 11.87 |
| 2 | To meet out the expenses for Working Capital to fund business growth | 9.00 |
| 3 | To meet out the expenses for Investment in Office space to accommodate new hires | 7.13 |
| 4 | General Corporate Purposes |
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