Current compensation - 18.7L (fixed) + 10k USD RSUs (4 years)
YOE - 5

Make My Trip (Senior Software Engineer - 2)
Offered Compensation - 35 L (fixed)
Other Standard Benefits

Am I being lowballed ? How should I negotiate further, I do not have any competing offers ?

P.S : Appraisal in current org is in this month only and am pretty sure that refresher RSUs would be provided also hike of at least 10%. Current org is in my hometown while MMT requires me to relocate to BLR