C.E. Info systems limited IPO (MapmyIndia IPO) Review
C.E. Info systems limited IPO (MapmyIndia IPO) Overview
CE Infosystems, the business behind the MapmyIndia brand, is India’s premier producer of superior digital maps, geospatial software, and location-based IoT solutions. Firstly tested in digital mapping in India in 1995, it has earned market leadership in this industry and built a solid moat by capitalising on its early mover, evolving proprietary and incorporated technologies, full stack product offerings, continuous innovation, and a robust sustainable business model.
The firm provides patented software as a service (SaaS), platform as a service (PaaS) and digital maps as a service (MaaS). It offers products, platforms, application programming interfaces (APIs), and solutions in digital map data, software, and IoT for the Indian market under the (MapmyIndia) brand and for the worldwide market under the (Mappls) name.
As of August 31, 2021, the company’s digital map data provides location, navigation, data analysis, and other information for 7,933 towns, 6,37,472 villages, 17.79 million places in various categories such as restaurants, retail shops, electric vehicle charging stations, malls, ATMs, hotels, police stations, and so on, and 14.51 million house or building addresses. Its AI-powered, four-dimensional (4D), high-definition (HD), information-rich (IR), multilingual, hyperlocal digital map twin portrays the dynamically changing actual world in near real time.
C.E. Info systems limited IPO (MapmyIndia IPO) Details
| IPO Date | Dec 9, 2021 to Dec 13, 2021 |
| Listing Date | Tuesday, December 21, 2021 |
| Face Value | ₹2 per share |
| Price | ₹1000 to ₹1033 per share |
| Lot Size | 14 Shares |
| Issue Size | 10,063,945 shares of ₹2 (aggregating up to ₹1,039.61 Cr) |
| Offer for Sale | 10,063,945 shares of ₹2 (aggregating up to ₹1,039.61 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 50% of the offer |
| NII (HNI) Shares Offered | Not less than 15% of the offer |
| Retail Shares Offered | Not less than 35% of the offer |
| Company Promoters | Rakesh Kumar Verma And Rashmi Verma are the company promoters. |
C.E. Info systems limited IPO (MapmyIndia IPO) Financial Performance
| FY2019 | FY2020 |
Revenue | 163.3 | 163.5 |
Expenses | 121.5 | 131.9 |
Net income | 33.6 | 23.2 |
Margin (%) | 20.6 | 14.2 |
| FY2021 | H1 FY2022 |
Revenue | 192.3 | 122.6 |
Expenses | 113.5 | 59.7 |
Net income | 59.4 | 46.8 |
Margin (%) | 30.9 | 38.2 |
C.E. Info systems limited IPO (MapmyIndia IPO) Key Ratios
FY2019 | |
EPS | 8.25 |
PE ratio | – |
RONW (%) | 12.00 |
ROCE (%) | 50.00 |
EBITDA (%) | 29.44 |
Debt/Equity | – |
NAV | – |
FY2020 | FY2021 |
5.70 | 14.66 |
– | 68.21 – 70.46 |
8.00 | 17.00 |
41.00 | 110.00 |
24.77 | 35.38 |
– | 0.002 |
– | 90.77 |
C.E. Info systems limited IPO (MapmyIndia IPO) GMP Trend
Date | IPO GMP | Kostak | Subject to Sauda |
20 Dec 2021 | INR700 | INR650 | INR8,000 |
18 Dec 2021 | INR850 | INR700 | INR9,000 |
17 Dec 2021 | INR900 | INR850 | INR9,500 |
16 Dec 2021 | INR1,000 | INR900 | INR10,000 |
15 Dec 2021 | INR1,000 | INR900 | INR10,000 |
14 Dec 2021 | INR1,000 | INR900 | INR9,500 |
13 Dec 2021 | INR1,000 | INR900 | INR9,200 |
11 Dec 2021 | INR950 | INR850 | INR9,000 |
10 Dec 2021 | INR900 | INR850 | INR9,000 |
9 Dec 2021 | INR750 | INR800 | INR8,500 |
8 Dec 2021 | INR700 | INR750 | INR6,700 |
7 Dec 2021 | INR600 | INR650 | INR5,500 |
6 Dec 2021 | INR500 | INR600 | INR4,000 |
Listing Performance of C.E. Info systems limited IPO (MapmyIndia IPO)
Listed On : NSE BSE
Issue Price : 9 – 13 December 2021
C.E. Info systems limited IPO (MapmyIndia IPO) ISIN Code / Number
NSE : MAPMYINDIA
ISIN CODE : INE0BV301023
BSE :543425
C.E. Info systems limited IPO (MapmyIndia IPO) Allotment Status
C.E. Info systems limited IPO (MapmyIndia IPO) Brokers Reviews & Rating
Arihant Capital Markets Ltd – Apply
Ashika Research – Apply
Axis Capital – Neutral
Dilip Davda – May apply
Haitong Securities Private Limited – Neutral
Investmentz Ltd – Apply
JM Financial Institutional Securities – Neutral
Motilal Oswal – Apply
Nirmal Bang – Apply
TopShareBrokers.com – Apply
C.E. Info systems limited IPO (MapmyIndia IPO) Important Dates
| IPO Opening Date | 9 December 2021 |
| IPO Closing Date | 13 December 2021 |
| Finalisation of Basis of Allotment | 16 December 2021 |
| Initiation of refunds | 17 December 2021 |
| Transfer of shares to demat accounts | 20 December 2021 |
| Listing Date | 21 December 2021 |
C.E. Info systems limited IPO (MapmyIndia IPO) Contact Details
First, Second, & Third Floor,
Plot. No. 237, Okhla Industrial Estate,
Phase- III, New Delhi 110 020
Phone: +91 11 4600 9900
Email: cs@mapmyindia.com
Website: www.mapmyindia.com
C.E. Info systems limited IPO (MapmyIndia IPO) Registrar Contact Details
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: ceinfo.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
C.E. Info systems limited IPO (MapmyIndia IPO) FAQ's
C.E. Info systems limited IPO (MapmyIndia IPO) is a main-board IPO of ₹[.] per equity share of the face value of ₹2 aggregating up to 10,063,945 Eq Shares of (aggregating up to ₹1,039.61 Cr). The issue is priced at ₹1000 to ₹1033 per equity share per equity share. The minimum order quantity is [.] Shares. The initial public offering (IPO) date Dec 9, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.
The C.E. Info systems limited IPO (MapmyIndia IPO) opening date is Dec 9, 2021. and the closing date is Dec 13, 2021.
C.E. Info systems limited IPO (MapmyIndia IPO) Market lot size is 14 Shares and the minimum order quantity is 14 Shares.
The Basis of Allotment for C.E. Info systems limited IPO (MapmyIndia IPO) will be done on Dec 16, 2021 and the allotted shares will be credited to your demat account by Dec 17, 2021. Check the C.E. Info systems limited IPO (MapmyIndia IPO) allotment status.
The C.E. Info systems limited IPO (MapmyIndia IPO) listing date is Dec 21, 2021.
C.E. Info systems limited IPO (MapmyIndia IPO) can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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