BSE & NSE
09 Dec - 13 Dec '21
₹1000 - ₹1033
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.
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.
Below mentioned table portrays three year financial position of the company for better understanding of its strength.
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%.
If you are investing in MapmyIndia, then the following dates are relevant for you.
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.
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.
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.
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.
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.
You can apply for the CE Info Systems Ltd. IPO in these ways:
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.
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.