MapmyIndia IPO

IPO Date: 9th - 13th Dec 2021

Price Band

₹1000 to ₹1033

Issue Size

₹1,039.61 Cr

Market Lot


Face Value

₹2 Per Share

About C.E. Info systems limited IPO (MapmyIndia IPO) Detail

MapmyIndia is a leading provider of advanced digital maps, geospatial software, and location-based IoT technologies in India. The company is a data and technology products and platforms company, offering proprietary digital maps as a service (MaaS), software as a service (SaaS), and platform as a service (PaaS). The company provides products, platforms, application programming interfaces (APIs), and solutions across a range of digital map data, software, and IoT for the Indian market under the (MapmyIndia) brand, and for the international market under the (Mappls) brand.

The digital maps offered by the company cover 6.29 Mn Km of roads in India, representing 98.50% of India's road network. The company's digital map data provides location, navigation, analytics, and other information for 7,933 towns, 6,37,472 villages, 17.79 Mn places across many categories such as restaurants, retail shops, malls, ATMs, hotels, police stations, electric vehicle charging stations, etc., and 14.51 Mn house or building addresses. The company's 'RealView' maps provide actual roadside and on-ground views based on over 400 Mn geo-referenced photos, videos, and 360-degree panoramas across India.

The company serves the BFSI, telecom, FMCG, industrials, logistics, and transportation sectors. MapymyIndia has also entered into various memorandums of understanding with key government organizations such as the Indian Space Research Organisation (ISRO), NITI Aayog, National eGovernance Division, Ministry of Electronics and Information Technology, and Government of India. Some of the company's customers include PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyundai. The subscription fee, royalty, and annuity payments together contributed over 90% of the company's revenue for Fiscal 2021.

Competitive Strengths:

  • Pioneers of digital mapping in India having an early mover advantage
  • Leading the B2B and B2B2C market for digital maps and location intelligence in India
  • Proprietary technology and network effect resulting in competitive edge
  • Independent, global geospatial products and platforms company with strong data governance
  • Prestigious customers across sectors with strong relationships
  • Consistent profitable financial track record

Objects of the Issue

The objects of the offer are to carry out the offer for the sale of 10,063,945 equity shares and achieve the benefits of listing the equity shares on the stock exchanges.

MapmyIndia IPO Details

IPO Opening Date Dec 9, 2021
IPO Closing Date Dec 9, 2021
Issue Type Book Built Issue IPO
Face Value ₹2 per equity share
IPO Price ₹1000 to ₹1033 per equity share
Market Lot 14 Shares
Min Orher Quantity 14 Shares
Listing At BSE, NSE
Issue Size 10,063,945 Eq Shares of ₹2 (aggregating up to ₹1,039.61 Cr))
Offer for Sale 10,063,945 Eq Shares of ₹2 (aggregating up to ₹1,039.61 Cr)
QIB Shares Offered Not more than 50% of the offer
Retail Shares Offered Not less than 35% of the offer
NII (HNI) Shares Offered Not less than 15% of the offer

MapmyIndia IPO Tentative Timetable

The MapmyIndia IPO open date is Dec 9, 2021, and the close date is Dec 13, 2021. The issue may list on Dec 21, 2021.

IPO Open Date Dec 9, 2021
IPO Close Date Dec 13, 2021
Basis of Allotment Date Dec 16, 2021
Initiation of Refunds Dec 17, 2021
Credit of Shares to Demat Account Dec 20, 2021
IPO Listing Date Dec 21, 2021

MapmyIndia IPO FAQs

What is MapmyIndia IPO?

MapmyIndia IPO is a main-board IPO of 10,063,945 equity shares of the face value of ₹2 aggregating up to ₹1,039.61 Crores. The issue is priced at ₹1000 to ₹1033 per equity share. The minimum order quantity is 14 Shares.

The IPO opens on Dec 9, 2021, and closes on Dec 13, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When MapmyIndia IPO will open?

The MapmyIndia IPO opens on Dec 9, 2021 and closes on Dec 13, 2021.

What is the lot size of MapmyIndia IPO?

MapmyIndia IPO lot size is 14 Shares and the minimum order quantity is 14 Shares.

How to apply for MapmyIndia IPO?

You can apply in MapmyIndia IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services.

When MapmyIndia IPO allotment?

The finalization of Basis of Allotment for MapmyIndia IPO will be done on Dec 16, 2021, and the allotted shares will be credited to your demat account by Dec 20, 2021.

Check the IPO allotment status

When is MapmyIndia IPO listing date?

The MapmyIndia IPO listing date is not yet announced. The tentative date of MapmyIndia IPO listing is Dec 21, 2021.

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