December 9, 2021 - December 13, 2021

MapmyIndia IPO Review & Recommendations

Arihant Capital Markets Ltd, Arun Kejriwal, Ashika Research, Hem Securities, Investmentz Ltd, Marwadi Shares and Finance Ltd, Motilal Oswal, Nirmal Bang and InvestorGain.com have given "Apply" recommendation to MapmyIndia IPO. Dilip Davda has given "May Apply" recommendation to MapmyIndia IPO. Axis Capital, Haitong Securities Private Limited and JM Financial Institutional Securities have "Neutral" view about the IPO.

MapmyIndia IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	9	1	3	0	0
%	69.23	7.69	23.08	0.00	0.00

MapmyIndia IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Arihant Capital Markets Ltd	Apply
Arun Kejriwal	Apply
Ashika Research	Apply
Axis Capital	Neutral
Dilip Davda	May Apply
Haitong Securities Private Limited	Neutral
Hem Securities	Apply
Investmentz Ltd	Apply
JM Financial Institutional Securities	Neutral
Marwadi Shares and Finance Ltd	Apply
Motilal Oswal	Apply
Nirmal Bang	Apply
InvestorGain.com	Apply

MapmyIndia IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for MapmyIndia IPO is 50. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	50	May subscribe

MapmyIndia IPO Review by Dilip Davda (May apply)

[Dilip Davda] While the company posted average performances for FY19 and FY20, super earnings since FY21 onwards remains a concern for the sustainability of such margins going forward. The issue is priced aggressively to encase the first mover tag. Based on financial parameters too the issue is highly-priced. Hence the cash surplus/risk seekers may consider investment for long term. Other may stay away. Read detail review...

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