C.E. Info systems limited IPO Message Board (Page 38)

_⚡Breaking⚡_

As per 1000% confirmed source 1 more IPO coming

*HP Adhesives IPO*
Open : *15-Dec-2021*
Close : *17-Dec-2021*

Confirmed

I also got the same.news

Hi Experts which bank allows maximum cut off time for ASBA.

Icici direct upto 4:30 pm

icici bank is 4.30pm

This company is not in the business of providing mapping services. It mostly provide APIs in B2B manner. Must apply.

Out of syllabus

OLA BOOKING CROSSES 10 LAKH SCOOTERS: REUTERS

NOTE: FIEM IS MAJOR SUPPLIER FOR OLA SCOOTERS

Old news.

C.E. Infotech: From FY19 to FY21, the company’s annual new order booking grew 3.3 times to Rs 468 crore. Total Income rose 17.61%, from Rs 163.48 crore in financial Year 2020 to Rs 192.27 crore in Financial Year 2021, primarily due to increase in number of customers and sale of base platform products such as our APIs and SDKs. The company’s profits doubled in FY21 to Rs 59 crore, from Rs 23 crore in FY20.

On the other hand RateGain with the acquisition of BCV social in 2019, it forayed into the MarTech segment with a particular focus on hospitality sector had limited experience with these products it was exposed to new challenges and operating in this segment that impacted its product mix and revenues in future. If they cannot successfully manage its product mix, address new challenges or compete effectively, it may not be able to recover costs of the investments and eventually achieve profitability, and the future results of operations and growth prospects may be materially and adversely affected.

Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
NII Quota: 15%

Even though it was very early mover, could not capitalize advantage. Recent government opening the maps in general will increase this business. But its already commoditized by Google. Any one can build on top of Google API their own apps like Uber etc. This requires little capital burn too upgrade maps regularly.
So in the long run this business will do Okay. But not going to be behemoth unless spend heavily and introduce new devices and apps, and may be acquisition target for Ambani/Adani etc want to play digital story.

I am avoiding this as I already play in this space through Googl.

@PowerUser

No offense to your above reasoning, in spite of google and GLONASS, map my india is consistently generating value for its investors.

Every big comp started with an small capital/garage/room/office etc
So don''t rush to judgement yet. The comp deserves the good subscription figures and it seems that market is already in mood to do so. Market is the Boss, Bro..

On the merger/acquisition front, it would have happened before the IPO, had the comp wished it. But during/after the IPO - hardly any chance. Partnership would have been a right word.

Let the discussion evolve coz we still have time to decide to apply or avoid - it''s too early to take a call now..

Thanks..

GMP UPDATES
STAR (-) Rs 70/- {+/- Rs --/-}
RateGain Rs 115/- {+/- Rs 5/-}
TEGA Rs 335/- {+/- Rs 5/-}
ANAND R. Rs 35/- {+/- Rs 5/-}
S.RAM PR. Rs 22/- {+/- Rs 1/-}
C.E. INFO S Rs 780/- {+/- Rs 20/-}

Good Pricing

Buyer 740

I understand it is just an exit IPO for the some investors who were using tracking services of MapmyIndia. Probably avoiding would be a decent option.

The company primarily service enterprise customers across 3 major categories,
(i) corporate, (ii) automotive, and (iii) government and their customers in turn serve the larger community of end users. Advance Driver Assistance System (“ADAS”) is for electric vehicle. Future will be in hand of tech field and electric friendly. So, in my opinion company will grow in future.

Chamatkaar! Before covid-19 they were having profit ratio @ 20% after that it goes to 30% now in current year H1 it rise to 38%. Juicy picture shown to investors. After IPO all profit will be negative.

MapmyIndia has a high operating leverage in their business due to a low variable cost base. Their contribution margin expanded from 76% in Financial Year 2019 to 82% in Financial Year 2020, to 83% in Financial Year 2021; and was maintained at 85% in the 6 month period ended September 30, 2020 and in the 6 month period ended September 30, 2021.
So, it is possible to growth of profit.

Really...!!
And save the fund for metro ⛸️👢👞👟🥾👡👠🥿... not a chance..
Star bhi hit ho sakta tha but pricing was exorbitant and for a loss making biz that too in pandemic era. They should have been moderate in pricing.

Swing the bat hard for Mappy with timing, whether you hit or miss it..

Thanks..

Tentative Price Band around 1020-1033

Amazing what an accurate prediction you do. Keep giving valuable inputs.
Thank you 🙏

Great prediction. Do it for GMP also.

GMP 755? bhai aap log truck load buy karo. rest of investors wait for some time. just look at previous IPOs all are down and available at lower price. 93pe, kamaal hai. why not buying infy, tcs, techm, tata steel, jsw, and many other. thanks

Gmp 755-765

Is the price band is high? Thinking twice before investing. Thinking once again to apply or not. Need more suggestions from the experts.

@ Admin , Team Chittorgarh

Dear Sir ,

Kindly change the retail quota to 35 % and NII 15 %. This interchanged numbers may create confusion to readers.

Thanks

Dear Sir,
The number seems correct.

QIB Shares Offered:      Not more than 50% of the offer
NII Shares Offered:      Not less than 15% of the offer
RII Shares Offered:      Not less than 35% of the offer

Do you mean we should move the retail row above the NII row?

Dear Sir ,
Earlier by mistake NII was 35% and RII 15 % at the time of posting parent mesage at 8:35 AM. When I rechecked at 9 AM it was rectified.Now everything is perfect.
Thanks

Issue is attractively prices initially rumor was 75 lac issue but it''s 1CR shares so 1033 means if markets remains same not crashed in next 10days. It will be near double the price. Allotment may be scarce so that''s only negative point.

Why is anyone using MapmyIndia when Google maps is free worldwide for consumers?

MayMyIndia is used by businesses not consumers like us.

Google maps is no more free for api uses