C.E. Info (MapmyIndia) IPO 2021 India : C.E. Info (MapmyIndia) is going to start it’s IPO subscription in this week from December 09, 2021.
C.E. Info (MapmyIndia) IPO contains the offer for sale for 10,063,945 Equity Shares which worths around Rs 1,039.61 crore. This offer has no fresh issue included in the IPO.
C.E. Info Systems Limited (MapmyIndia), which is a Delhi-based tech company and it is a leading provider of premium quality digital map data and APIs, GPS navigation, tracking, location apps and GIS solutions is aiming to raise Rs 1,039.61 crore from C.E. Info Systems (MapmyIndia) Initial public offering.
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C.E. Info (MapmyIndia) IPO 2021 All Details
| C.E. Info (MapmyIndia) IPO Opening Date | Dec 9, 2021 |
| C.E. Info (MapmyIndia) IPO Closing Date | Dec 13, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹1000 to ₹1033 per equity share |
| Market Lot | 14 Shares |
| Min Order Quantity | 14 Shares |
| Listing At | BSE, NSE |
| Issue Size | 10,063,945 Equity Shares (Worth Rs. ₹1,039.61 Crore) |
| Fresh Issue | N/A |
| Offer for Sale | 10,063,945 Equity Shares (Worth Rs. ₹1,039.61 Crore) |
| QIB Shares | Not more than 50% of the offer |
| Retail Shares | Not less than 35% of the offer |
| NII Shares | Not less than 15% of the offer |
C.E. Info (MapmyIndia) IPO 2021 Dates
| IPO Opening Date | Dec 9, 2021 |
| IPO Closing Date | Dec 13, 2021 |
| Basis of Allotment Date | Dec 16, 2021 |
| Initiation of Refunds | Dec 17, 2021 |
| Credit of Shares to Demat Account | Dec 20, 2021 |
| IPO Listing Date | Dec 21, 2021 |
C.E. Info (MapmyIndia) IPO 2021 Fresh Issue vs OFS
- Fresh Issuance – N/A
- Offer for sale (Promotor’s) – 10,063,945 Equity Shares (Worth Rs 1,039.61 Crore)
C.E. Info (MapmyIndia) IPO 2021 Lot Size
| Min/Max | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 14 | ₹14,462 |
| Maximum | 13 | 182 | ₹188,006 |
C.E. Info (MapmyIndia) IPO 2021 Allotment
The IPO allotment of C.E. Info (MapmyIndia) is scheduled in the next week on December 16, 2021 and the allotted shares will be credit into demat accounts on/by December 20, 2021.
C.E. Info (MapmyIndia) IPO 2021 GMP
The grey market premium of C.E. Info (MapmyIndia) IPO 2021 is around 785-800 on December 9, 2021. C.E. Info (MapmyIndia) IPO GMP in percentage is around 75-77%.
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> Top 7 Ways To Increase Chance Of Getting IPO Allotment
C.E. Info (MapmyIndia) IPO 2021 Issue Objectives
C.E. Info (MapmyIndia), aims to utilize the net proceed towards the following listed purposes.
- The Company will not receive any proceeds from the Offer as the objective is to carry out the offer for sale.
- All the Offer Proceeds (net of any Offer related expenses to be borne by the Selling Shareholders) will be received by the respective Selling Shareholders.
C.E. Info (MapmyIndia) Company Financials
| Rs. in Crore | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 4,659.58 | 4,268.56 | 3,578.26 | 3,392.59 |
| Total Revenue | 1,225.79 | 1,922.74 | 1,634.78 | 1,633.35 |
| Profit After Tax | 467.66 | 594.33 | 231.95 | 335.66 |
C.E. Info (MapmyIndia) Company Promoters
Rakesh Kumar Verma And Rashmi Verma are the promoters of the C. E. Info Limited MapmyIndia.
C.E. Info (MapmyIndia) Company Overview
MapmyIndia, Founded in 1995, is India’s leader in premium quality digital map data and APIs, GPS navigation, tracking, location apps and GIS solutions. The company is head quartered in New Delhi with offices across India, MapmyIndia is an ISO 9001-2012 company with 734 people that pioneered digital mapping in India. Since 1995, through continuous field surveys and state-of-the-art mapping technology, MapmyIndia has built its proprietary MapmyIndia Maps, the most comprehensive, accurate, reliable, full-featured, professionally created and continuously updated digital map dataset for all India, including its revolutionary RealView service which captures, analyses and publishes the world in 3D and 360-degree photo-realistic clarity, all of which are used for a wide range of Navigation, Telematics, ADAS, GIS, LBS and Smart City applications.
MapmyIndia builds and provides not just the most advanced, accurate and detailed maps of India, but also the best GPS-based loT devices optimised for in-vehicle and personal navigation and tracking use, market-leading location-based SaaS for enterprises and professional users, and popular and delightful hyper-local mobile and web apps for consumers, including maps.mapmyIndia.com, India’s very first and most detailed, accurate and comprehensive interactive online mapping portal, and NaviMaps, the best offline GPS navigation app for India. MapmyIndia also provides a whole range of Map and LBS APIS and Solutions which empower developers and enterprises to build and integrate amazing and valuable location-enabled services, apps, software and loT devices enriched by India’s best maps and location technologies.
The company’s clients include various top consumer and tech companies like PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, Hyundai, MG Motor, Avis, Safexpress and Goods and Service Tax Network (GSTN).