MapmyIndia IPO Date, Price, GMP Status, Review & Details

MapmyIndia is a main supplier of cutting-edge computerized maps, geospatial programming, and area-based IoT innovations in India. The organization is an information and innovation items and stages organization, offering exclusive advanced guides as assistance (MaaS), programming as a help (SaaS), and stage as a help (PaaS). The organization gives items, stages, application programming interfaces (APIs), and arrangements across a scope of computerized map information, programming, and IoT for the Indian market under the (MapmyIndia IPO) brand, and for the worldwide market under the (Mappls) brand.

The computerized maps presented by the organization cover 6.29 Mn Km of streets in India, addressing 98.50% of India’s street organization. The organization’s advanced guide information gives area, route, investigation, and other data for 7,933 towns, 6,37,472 towns, 17.79 Mn places across numerous classes, for example, eateries, retail shops, shopping centers, ATMs, lodgings, police headquarters, electric vehicle charging stations, and so on, and 14.51 Mn house or building addresses. The organization’s ‘RealView’ maps give the genuine side of the road and on-ground sees dependent on more than 400 Mn geo-referred to photographs, recordings, and 360-degree displays across India.

The organization serves the BFSI, telecom, FMCG, industrials, coordinations, and transportation areas. MapymyIndia IPO has likewise gone into different notices of comprehension with key government associations, for example, the Indian Space Research Organization (ISRO), NITI Aayog, National eGovernance Division, Ministry of Electronics and Information Technology, and Government of India. A portion of the organization’s clients incorporates PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyundai. The membership charge, sovereignty, and annuity installments together offered more than 90% of the organization’s income for Fiscal 2021.

About MapmyIndia IPO Company

C.E. Info Systems 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). It provides advanced digital maps, geospatial software, and location-based IoT technologies.

MapmyIndia IPO GMP

MapmyIndia IPO or CE Info Systems IPO opened for subscription on December 9, 2021, and it will remain open for bidders till 13th December 2021. So, its subscription is going to close today and on the last date of bidding, MapmyIndia IPO GMP subscription status or CE Info Systems IPO subscription status says that the public issue has been subscribed 6.16 times just in the first two days of bidding. According to market observers, this robust response to the public issue is having its impact on MapmyIndia’s share price in the grey market as well.

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MapmyIndia IPO Date

IPO Opening DateDec 9, 2021
IPO Closing DateDec 13, 2021
Issue TypeBook Built Issue IPO
Face Value₹2 per equity share
IPO Price₹1000 to ₹1033 per equity share
Market Lot14 Shares
Min Order Quantity14 Shares
Listing AtBSE, NSE
Issue Size10,063,945 Eq Shares of ₹2
(aggregating up to ₹1,039.61 Cr)
Offer for Sale10,063,945 Eq Shares of ₹2
(aggregating up to ₹1,039.61 Cr)
QIB Shares OfferedNot more than 50% of the offer
Retail Shares OfferedNo less than 35% of the offer
NII (HNI) Shares OfferedNo less than 15% of the offer

MapmyIndia IPO Subscription Status

The MapmyIndia IPO is subscribed 154.71 times on 12/13/2021 at 5:00:00 PM. The public issue subscribed 15.20 times in the retail category, 196.36 times in the QIB category, and 424.69 times in the NII category.

CategorySubscription (times)

MapmyIndia IPO GMP Today

Starting at 1 pm on the last day, MapMyIndia IPO was bought in almost multiple times, with a solid reaction in all classes. The solid reaction to the public issue demonstrates that the portions of the organization will make a guard debut on the essential business sectors.

A few financiers have offered the go-ahead to the IPO of MapMyIndia, claimed by CE Info Systems, in light of the organization’s future development potential and beneficial plan of action. The dim market premium likewise demonstrates a magnificent posting for the organization on the stock trades on December 21.

MapmyIndia IPO Price

Face Value₹2 per equity share
MapmyIndia IPO Price₹1000 to ₹1033 per equity share
Market Lot14 Shares
Min Order Quantity14 Shares

MapmyIndia IPO is Good or Bad?

While the organization posted normal exhibitions for FY19 and FY20, super profit since FY21 onwards stays a worry for the supportability of such edges going ahead. The issue is estimated forcefully to encase the main mover tag. In light of monetary boundaries to the issue is profoundly evaluated. Henceforth the money excess/hazard searchers might think about speculation for the long haul. Others might remain away.

So, these are all details about MapmyIndia IPO. If you still have any queries, questions, doubts then feel free to comment below of course we will definitely give a reply within a day. We provide daily news to you, so Stay in touch with us.

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