Exim Routes IPO Soars 14x; Ashwini, Stanbik Also See Strong Investor Demand

• Exim Routes IPO oversubscribed 14.23 times, receiving bids for 5.06 crore shares against 35.58 lakh offered.
• Gurugram-based Exim Routes, dealing in recyclable paper materials, raised ₹43.73 crore for platform development, working capital, and expansion.
• Ashwini Container Movers' IPO subscribed 1.66 times, raising ₹71 crore for debt repayment and new trucks.
• Stanbik Agro, a Gujarat-based fruit and vegetable supplier, saw its IPO subscribed 1.46 times, raising ₹12.3 crore for retail expansion and working capital.
• All three IPOs, open from December 12-16, will finalize allotment on December 17 and list on December 19.

Why It Matters: Three recent IPOs, Exim Routes, Ashwini Container Movers, and Stanbik Agro, received strong investor interest.