BSE Code: MapmyIndia
The MapmyIndia IPO bidopens on 09th Dec, 2021 and closes on 13th Dec, 2021 at 5 pm.
MapmyIndia is a leading service provider of advanced digital maps, geospatial software, and location-based IoT technologies in India. The company offers digital maps as a service (MaaS), software as a service (SaaS), and platform as a service (PaaS). It 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 company covers the sectors like telecom, FMCG, industrials, logistics, and transportation. It has also entered into different and important 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. MapmyIndia can easily be said as the pioneers of digital mapping.
Rashmi Verma and Rakesh Verma
MapmyIndia IPO Timeline
|IPO opens||IPO Ends||Allotment Begins||Refund Initiation||Allotment Date||Listing on Exchange|
|09th Dec 2021||13th Dec 2021||16th Dec 2021||17th Dec 2021||20th Dec 2021||21st Dec 2021|
MapmyIndia IPO Details
- IPO Size 5500 cr
- RONW: Above 50%
- Revenue Growth: 17%
- Face Value Rs2 per equity share
- P/E: 88
- IPO price Range Rs.1000 to Rs.1033 per equity share
- QIB shares offered: Not more than 50%
- Retail shares offered: Not less than 35%
- HNI shares offered: Not less than 15%
- Till 5pm dated 14th Dec 2021, the GMP of MapmyIndia is running at Rs.1050 to its cut off price of Rs.1033
MapmyIndia IPO Lot Size(Retail Individual Investors)
The MapmyIndia IPO lot size is of 14 shares. A retail individual investor can apply for a maximum of 13 lots or in total of 182 shares.
MapmyIndia IPO subscription status
The MapmyIndia IPO has been subscribed 154.69 times. Qualified institutional buyers(QIB) have subscribed 196.36 times where as Retail investors have subscribed 15.17 times with HNI’s subscribing it for 424.69 times.
MapmyIndia IPO Review:
The company has posted great results this year .Its business is having high profit margins as well as eyes huge growth for future perspectives. With no listed company in this segment it looks to be a profitable investment.Apply for MapmyIndia IPO keeping an eye on listing gains as well as short to mid to long term investment.
MapMyIndia IPO Registrar
Link Intime India Private Ltd.
Phone: +91-22-4918 6270
Email: firstname.lastname@example.org Website: https://linkintime.co.in/
Company Contact Details:
C.E. Info systems limited
1st, 2nd n 3rd Floor,
Plot. No. 237, Okhla Industrial Estate,
Phase- III, New Delhi 110 020, India
Phone: +91 11 4600 9900