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
Subscription Rate
- Retail Individual Investor15.20x
- Non-Institutional Investor424.69x
- Qualified Institutional Buyers196.36x
- Employees
About Company
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.
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This IPO is a full offer for sale issue where current stakeholders are off-loading their investments.
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To date, MapmyIndia has paid about 140 percent dividend but in the last three fiscal years, the company has not paid any dividend.
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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.
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ParticularsAs on 31st Mar, 21As on 31st Mar, 20As on 31st Mar, 19
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Turnover₹1922.70 Mn₹1634.80 Mn₹1633.30 Mn
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PAT₹594.30 Mn₹232.00 Mn₹335.65 Mn
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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.
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EventDate
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IPO begins on9th Dec
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IPO ends on13th Dec
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Shares will be alloted on16th Dec
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Refund will be initiated on17th Dec
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Shares will be credited on20th Dec
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Shares will be listed on21st Dec
CE Info Systems Ltd. IPO - SWOT Analysis
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.
A competitive analysis
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The innovation and technology the company’s business revolves around has unlimited opportunities for growth and expansion.
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The financial position of MapmyIndia is strong and with consistent profits and revenue, the business seems to have a strong hold on its finances.
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The products offered by the organisation are very strongly administered by the government official and MapmyIndia is well versed with the compliance requirements.
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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.
