CE Info Systems Ltd. IPO (MapmyIndia IPO)

CE Info Systems Ltd.

IPO Listing Details

Listed On

BSE & NSE

Listed On

Issue Price

₹1,033

Issue Price

Listing Price

₹1,581

Listing Price

Listing Gains

+₹548.00 (+53.05%)

Listing Gains

IPO Details

Bidding Dates

09 Dec - 13 Dec '21

Bidding Dates

Min. Investment

₹14,000

Min. Investment

Lot Size

14.00

Lot Size

Price Range

₹1000 - ₹1033

Price Range

Issue Size

1,006 Cr

Issue Size

IPO Doc

(D)RHP PDF  

(D)RHP PDF

Subscription Rate - CE Info Systems Ltd. IPO

  • Retail Individual Investor
    15.20x
  • Non-Institutional Investor
    424.69x
  • Qualified Institutional Buyers
    196.36x
  • Employees
    NA


About CE Info Systems Ltd. IPO

MapmyIndia is coming with an IPO which will launch on 9th December 2021. The purpose of this issue is to go public and improve the brand image and help the shareholders with liquidity options. The brand name operates under the parent company CE Info Systems Limited. MapmyIndia IPO share price will range from INR 1000 to INR 1033 per unit with 14 stocks in a lot. The issue is sized at INR 1040 Cr where the existing shareholders shall be liquidating their investment.

  • MapmyIndia is a leading digital map and location-based technology company in India providing a variety of products and solutions that enable users to collect, store, and use digital maps and related data.

  • The company's products and solutions are focused on the Indian and international markets.

  • The company's digital maps provide complete coverage of India's road network, with coverage of 6.29 million kilometres along with features such as latitude and longitude, business establishments, police stations, restaurants, and other places of interest.

Why should you invest in CE Info Systems Ltd. IPO?

Let us look into some points that will help you with MapmyIndia IPO review.

  • This IPO is a full offer for sale issue where current stakeholders are off-loading their investments.

  • To date, MapmyIndia has paid about 140 percent dividend but in the last three fiscal years, the company has not paid any dividend.

  • Talking about the industry placement, the way MapmyIndia has positioned itself in the market that has difficult entry, is laudable.

Financial Position

Below mentioned table portrays three year financial position of the company for better understanding of its strength.

  • Particulars
    As on 31st Mar, 21
    As on 31st Mar, 20
    As on 31st Mar, 19
  • Turnover
    ₹1922.70 Mn
    ₹1634.80 Mn
    ₹1633.30 Mn
  • PAT
    ₹594.30 Mn
    ₹232.00 Mn
    ₹335.65 Mn
  • Net Assets
    ₹4268.50 Mn
    ₹3578.25 Mn
    ₹3392.60 Mn

Apart from that, the average earnings per share of the company in the three preceding financial years was around INR 8 per unit. The return on net worth for the same period was about 12.85%.

MapmyIndia IPO Dates

If you are investing in MapmyIndia, then the following dates are relevant for you.

  • Event
    Date
  • IPO begins on
    9th Dec
  • IPO ends on
    13th Dec
  • Shares will be alloted on
    16th Dec
  • Refund will be initiated on
    17th Dec
  • Shares will be credited on
    20th Dec
  • Shares will be listed on
    21st Dec


SWOT Analysis - CE Info Systems Ltd. IPO

Strengths:

Their B2B2C and B2B operations provide leading-edge services related to software, platform and mapping. The market entry staged by the company adds up to its strength.

Weaknesses:

The success of the company is very much dependent on the automotive industry. Any disruption in that industry can have a direct impact on MapmyIndia’s business model.

Opportunities:

The company continuously strives towards expansion and making its presence across the country with technologically driven resources. This opens doors to outgrow current market conditions and flourish as a strong brand in future.

Threats:

If the customers of the organisation do not continue to upgrade their contract with them, then it can create problems for MapmyIndia. A risk of the government's restrictive policies hovers over their business.


Competitive Analysis - CE Info Systems Ltd. IPO

  • The innovation and technology the company’s business revolves around has unlimited opportunities for growth and expansion.

  • The financial position of MapmyIndia is strong and with consistent profits and revenue, the business seems to have a strong hold on its finances.

  • The products offered by the organisation are very strongly administered by the government official and MapmyIndia is well versed with the compliance requirements.

  • Their relation with the customers is strong and continues to get stronger with a consistent track record of the company.



How to apply for CE Info Systems Ltd. IPO?

You can apply for the CE Info Systems Ltd. IPO in these ways:

UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

1. If you are an Existing TradeSmart demat account holder and wish to apply for an CE Info Systems Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.

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Frequently Asked Questions (FAQs) - CE Info Systems Ltd. IPO

Where will the shares of MapmyIndia be listed?

On 21st Dec 2021, the share of MapmyIndia will be listed on the BSE and the NSE.

Who are the lead managers of MapmyIndia's issue?

Following are the lead managers to this offering - Axis Capital, DAM Capital, JM Financials, and Kotak Mahindra Capitals.

What is the purpose of the MapmyIndia IPO?

The company is coming up with this issue in order to provide liquidity for the existing stakeholders.

What type of issue is this?

MapmyIndia's offering is a book-built IPO.

Who is the registrar of MapmyIndia IPO?

Link Intime India Pvt Ltd is the registrar for this offering.

What is the total size of this offer?

The size of the MapmyIndia offering is INR 1039.60 Crores.

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