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C.E. Info systems limited IPO (MapmyIndia IPO) Detail

Dec 9, 2021 - Dec 13, 2021

MapmyIndia is a leading provider of advanced digital maps, geospatial software, and location-based IoT technologies in India. The company is a data and technology products and platforms company, offering proprietary digital maps as a service (MaaS), software as a service (SaaS), and platform as a service (PaaS). The company provides products, platforms, application programming interfaces (APIs), and solutions across a range of digital map data, software, and IoT for the Indian market under the (MapmyIndia) brand, and for the international market under the (Mappls) brand.

The digital maps offered by the company cover 6.29 Mn Km of roads in India, representing 98.50% of India's road network. The company's digital map data provides location, navigation, analytics, and other information for 7,933 towns, 6,37,472 villages, 17.79 Mn places across many categories such as restaurants, retail shops, malls, ATMs, hotels, police stations, electric vehicle charging stations, etc., and 14.51 Mn house or building addresses. The company's 'RealView' maps provide actual roadside and on-ground views based on over 400 Mn geo-referenced photos, videos, and 360-degree panoramas across India.

The company serves the BFSI, telecom, FMCG, industrials, logistics, and transportation sectors. MapymyIndia has also entered into various memorandums of understanding with key government organizations such as the Indian Space Research Organisation (ISRO), NITI Aayog, National eGovernance Division, Ministry of Electronics and Information Technology, and Government of India. Some of the company's customers include PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyundai. The subscription fee, royalty, and annuity payments together contributed over 90% of the company's revenue for Fiscal 2021.

Competitive Strengths:

  • Pioneers of digital mapping in India having an early mover advantage
  • Leading the B2B and B2B2C market for digital maps and location intelligence in India
  • Proprietary technology and network effect resulting in competitive edge
  • Independent, global geospatial products and platforms company with strong data governance
  • Prestigious customers across sectors with strong relationships
  • Consistent profitable financial track record

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (β‚Ή in Millions)
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

Objects of the Issue

The objects of the offer are to carry out the offer for the sale of 10,063,945 equity shares and achieve the benefits of listing the equity shares on the stock exchanges.

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 Size10,063,945 shares of ₹2
(aggregating up to ₹1,039.61 Cr)
Offer for Sale10,063,945 shares of ₹2
(aggregating up to ₹1,039.61 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
QIB Shares OfferedNot more than 50% of the offer
NII (HNI) Shares OfferedNot less than 15% of the offer
Retail Shares OfferedNot less than 35% of the offer
Company Promoters

Rakesh Kumar Verma And Rashmi Verma are the company promoters.

MapmyIndia IPO Tentative Timetable

MapmyIndia IPO opens on Dec 9, 2021, and closes on Dec 13, 2021. The MapmyIndia IPO bid date is from Dec 9, 2021 10.00 A.M. to Dec 13, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Dec 9, 2021
Closing Date Dec 13, 2021
Basis of Allotment Dec 16, 2021
Initiation of Refunds Dec 17, 2021
Credit of Shares to Demat Dec 20, 2021
Listing Date Dec 21, 2021

MapmyIndia IPO Lot Size

The MapmyIndia IPO lot size is 14 shares. A retail-individual investor can apply for up to 13 lots (182 shares or ₹188,006).

Application Lots Shares Amount
Retail (Min) 1 14 ₹14,462
Retail (Max) 13 182 ₹188,006

MapmyIndia IPO Promoter Holding

Pre Issue Share Holding 61.71%
Post Issue Share Holding 53.73%

MapmyIndia IPO Review

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...


MapmyIndia IPO Subscription Status (Bidding Detail)

The MapmyIndia IPO is subscribed 154.71 times on Dec 13, 2021 5:00:00 PM. The public issue subscribed 15.20 times in the retail category, 196.36 times in the QIB category, and 424.69 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 12.54 times

CategorySubscription (times)
QIB196.36
NII424.69
Retail15.20
Total154.71

MapmyIndia IPO Prospectus

MapmyIndia IPO Rating

1381
4.3
Rating:Rated 4.3 stars
Vote Here ...

MapmyIndia IPO Listing Date

Listing Date Tuesday, December 21, 2021
BSE Script Code 543425
NSE Symbol MAPMYINDIA
Listing In B Group of Securities
ISIN INE0BV301023
IPO Price ₹1033 per share
Face Value ₹2 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹1,033.00
₹1,581.00
₹1,282.20
₹1,586.85
₹1,394.55
NSE
₹1,033.00
₹1,565.00
₹1,282.60
₹1,590.00
₹1,393.65

Company Contact Information

C.E. Info systems limited
First, Second, & Third Floor,
Plot. No. 237, Okhla Industrial Estate,
Phase- III, New Delhi 110 020, India
Phone: +91 11 4600 9900
Email: cs@mapmyindia.com
Website: https://www.mapmyindia.com/

MapmyIndia IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ceinfo@linkintime.co.in
Website: https://linkintime.co.in/

MapmyIndia IPO FAQs

MapmyIndia IPO is a main-board IPO of 10,063,945 equity shares of the face value of ₹2 aggregating up to ₹1,039.61 Crores. The issue is priced at ₹1000 to ₹1033 per share. The minimum order quantity is 14 Shares.

The IPO opens on Dec 9, 2021, and closes on Dec 13, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in MapmyIndia IPO using UPI as a payment gateway. Zerodha customers can apply in MapmyIndia IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in MapmyIndia IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'MapmyIndia IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The MapmyIndia IPO opens on Dec 9, 2021 and closes on Dec 13, 2021.

MapmyIndia IPO lot size is 14 Shares and the minimum order quantity is .

You can apply in MapmyIndia IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for MapmyIndia IPO will be done on Dec 16, 2021, and the allotted shares will be credited to your demat account by Dec 20, 2021. Check the MapmyIndia IPO allotment status.

The MapmyIndia IPO listing date is on Tuesday, December 21, 2021.
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MapmyIndia IPO Message Board

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1946 Comments

795. Sabarish R |   Link |Jan 21, 2022 4:12:17 PM
Anyone still holding??? Or exited???
794. Rohith newbie |   Link |Jan 3, 2022 4:22:01 PM
Any experts ,when should I exit this so that I can buy again after fall because of anchor investors 30 day lock in period but market looks bullish ,will there be heavy fall in this stock or will it considilate and move towards 2500 as expected listing is around 90% .pls guide me ,I am new to this.saw nykka and latent terrible falls and little concerned about this
793. Chalak Lomdi |   Link |Dec 20, 2021 9:27:45 PM
" The Chalak Lomdi Naffa News "

10999
793.10. helloo |   Link |Dec 21, 2021 11:16:38 AM
stoploss hi nhi aaya sir hit hone k lie
793.11. Chalak Lomdi |   Link |Dec 21, 2021 10:09:51 PM
It''s took some small profit of 7500 but cool... Everyone feeling happy after falling to 1280 ... Koi nahi jeb me naffa hona chahiye chahe chhota hi kyu na ho... πŸ™ƒ
792. ipobull |   Link |Dec 22, 2021 10:22:03 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
At this price, MapmyIndia''s stock price is exhorbitantly high with a PE of around 75 on its FY22 half-yearly earnings and 450 on its FY21 earnings. Going forward, it has competition from global players like Google Maps, which many of us use. I think its upper cap should be 1600. But it looks reasonable @ 1200-1300 levels.
792.3. mentor ipo |   Link |Dec 24, 2021 10:59:16 AM
@ ipobull: where were u before listing ????
792.4. ipobull |   Link |Dec 25, 2021 9:53:43 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
@mentor ipo,
I was very much here in this forum and recommended this stock @ IPO price. My comments are based on its valuations.
791. Chinipo |   Link |Dec 21, 2021 10:40:45 PM
mapmyindia - Today Fidelity Investment acquired 3,18,100 shares and Goldman Sachs Funds acquired 3,76,708 shares.
791.1. DuckkyDuck |   Link |Dec 22, 2021 2:02:03 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Is your name Chini-po? Like name of Po in Kung Fu Panda movie?
791.2. Chinipo |   Link |Dec 23, 2021 7:57:34 AM
NO... My name is chintan but I shorten it to chin-ipo.
790. Umashankar BG |   Link |Dec 22, 2021 8:56:36 PM
I have got 1 lot in MAPMYINDIA IPO, and I got 14 shares credited to my Account but today my lined amount is revoked and Credited to back my account, what to do? Is any problem?
789. harit |   Link |Dec 21, 2021 10:42:58 AM
Going towards LC
Anytime?
789.27. Param Patel |   Link |Dec 21, 2021 10:22:24 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@krupa Don''t think that everyone become IPO guru just like you by copy pasting GMP from some sites haritji is one of the oldest and respectable member @admin please look for this kind of members who are disrespecting others we already lost many "Real IPO gurus" because of this kind of nonsense
789.28. shareHunterz |   Link |Dec 22, 2021 10:27:24 AM
Meanwhile when few people are talking about LC:

https://www.moneycontrol.com/news/business/markets/bulk-deals-fidelity-goldman-sachs-pick-1-3-stake-in-mapmyindia-on-listing-day-7851811.html
788. shareHunterz |   Link |Dec 22, 2021 10:23:22 AM
https://www.moneycontrol.com/news/business/markets/bulk-deals-fidelity-goldman-sachs-pick-1-3-stake-in-mapmyindia-on-listing-day-7851811.html
787. rsk |   Link |Dec 21, 2021 9:23:48 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Check NSE bulk deals
786. SMM |   Link |Dec 21, 2021 7:33:35 PM
Bulk Deals CE INFO
FIDELITY INVESTMENT buys 3,18,100 qty at 1404.47

GOLDMAN SACHS FUND buys 3,76,708 qty at 1392.99
786.3. SMM |   Link |Dec 21, 2021 8:59:23 PM
Check tomorrow on biznews channel.

I never share fake info. I may be new member on this forum but info or details whatever I share is genuine
786.4. UjwalG |   Link |Dec 21, 2021 9:18:49 PM
@SMM maybe the BSE website hasn''t updated yet. Cheers
785. πŸ”₯ IPO πŸ”₯ GUJARATI πŸ”₯ |   Link |Dec 18, 2021 7:10:38 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Basis of Allotment

C E Info Systems Ltd

QIB others - 206.82x
QIB MF - 331.194x
HNI - 422.446906x
Retail - 27:221 will get 14 shares

Means retail approx 1 out of 8 got allotment.

Why so much rejection ???


Chittorgarh Admin & Experts , your opinion please.
785.7. Indianfriendszone |   Link |Dec 19, 2021 6:32:28 PM
Top Contributor Top Contributor (300+ Posts)
maybe some 3rd party application were rejected too .... possible some mite still got the allotment even from 3rd party...
785.8. B.K. Singhania |   Link |Dec 21, 2021 9:12:17 PM
@ipo gujrati bro sorry for late reply but i don''t think so as Data Pattern was 1st priority according to me then map the med plus .......... koi nai ab to list ho gaya i sold @5k profit today
784. rsk |   Link |Dec 21, 2021 9:10:47 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
bulk trades on NSE
21-Dec-21      MAPMYINDIA      C.E. Info Systems Limited      FIDELITY INVESTMENT TRUST FIDELITY SERIES EMERGING MARKETS FUND      BUY      318100      1404.47
21-Dec-21      MAPMYINDIA      C.E. Info Systems Limited      GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO      BUY      376708      1392.99

783. Manmohan garg |   Link |Dec 21, 2021 12:48:33 PM
It has touched 1416 again. Upside magic would start after crossing 1415 (VWAP) and trading above it. At 3 minutes time frame all technical indicators are showing strength. Panic is over. Keep holding.

783.1. Asoke sarkar |   Link |Dec 21, 2021 8:17:57 PM
IPO Mentor IPO Mentor (500+ Posts, 600+ Likes)
I am happy to see that you are developing a good sense.
782. Velstock |   Link |Dec 21, 2021 7:34:36 PM
@harit ji. I have seen your recommendation to change bank for more allotment chance ( that too you got 8 ipo from changing for Bob to IDFC bank). My question is 1.weather u are applying from asba of other demat a.c. ?
2. Or u are applying from IDFC demat a.c?
3. Weather IDFC allowing multiple 3rd party ipo applications.? Please reply thanks in advance ji.
782.1. harit |   Link |Dec 21, 2021 7:53:59 PM
@velstock
I changed to idfc for banking only
My dmat is still with angel bro.
I always use asba online with idfc app.
And does not allow 3rd party and multiple applications
ATB
782.2. ipobazaar |   Link |Dec 21, 2021 8:06:11 PM
@harit

sir do you trade on app angel one...or desktop? i am using angel one from last one year but it is very uncomfortable to look at mobile constantly..
781. CSK |   Link |Dec 21, 2021 6:17:53 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Hi Folks-

Shriram trading around 90..
Latent still @490
Sigachi@400

Can i buy my FD amount on above stocks? I am expecting only 10% return in next one year.. Your suggestions please
781.1. DSR |   Link |Dec 21, 2021 6:47:14 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
30% equities, 30% in debt (including ppf.pf.fd), 30% real-estate + gold, 10% liquid.

That''s how I am following. Choose according to your age,income bracket.
780. ipobazaar |   Link |Dec 21, 2021 6:44:40 PM
i am so disappointed...first time in life i have been allotted 3/4 application but listing was so poor...
779. M.K. |   Link |Dec 21, 2021 11:19:47 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
This IPO was touted as MUST APPLY.

This IPO was declared as the best of the December lot.... A MUST BUY and a PF stock.

This IPO had an actual high GMP. By actual GMP I mean real buying + selling in huge quantities was done at that price.

So so what has changed now? Have the fundamentals changed just because of a bearish scenario in the market currently?

There will always be people who invest to flip. For them the listing Bhav is all that matters.

For the rest, keep your head down and keep funds ready for opportunities in the secondary market that may present themselves. Keep your watch list ready of stocks that YOU have researched, tracked and wish to buy. Don''t be swayed by Big drops in stocks u haven''t tracked. Mistakes happen that way.

Regarding buying more of recent ipos like Latent / MMI, these don''t have a long period DMA for us to judge the support levels. It''s better for it to stablilze and buy even 10% up from the bottom while being reasonably sure of the direction rather than buying and it dropping 25% and u getting stuck for a long period just trying to get back to your invested level.

Keep minting.

Disc : 3 lots alloted in MMI... Will add more.
779.9. shareHunterz |   Link |Dec 21, 2021 1:30:18 PM
I am holding 2 lots. No plans to sell at this low level
779.10. CSK |   Link |Dec 21, 2021 5:10:58 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
What is the current PE for the stock? What is a reasonable price to enter as new entry or add more?
778. Vivekk |   Link |Dec 21, 2021 12:51:35 PM
Now finally it gave closing above VWAP (15 min candle) which is a good sign, if this level holds we should see 1500 again today itself else it will settle around 1300 -20 level
778.2. Cautious ProPrio |   Link |Dec 21, 2021 1:52:25 PM
IPO Guru IPO Guru (1600+ Posts, 1000+ Likes)
Bought at 1293 will sell near 1500
778.3. Vivekk |   Link |Dec 21, 2021 3:35:08 PM
It closed below 15 min VWAP due to which i exited my investment amount holding only Profit part now though company is good but the issue is with overall Market condition
777. Manmohan garg |   Link |Dec 21, 2021 1:51:14 PM
Selling pressure is easing out now. Buyer and seller quantity are almost balance now, which was in ratio of 1:5 in morning. Very encouraging...
777.1. Manmohan garg |   Link |Dec 21, 2021 2:49:50 PM
Supply is exhausting now. More buyers then sellers in NSE...☺
776. Rahul Gupta CA Inter |   Link |Dec 21, 2021 2:44:21 PM
I didn''t sale any lot only because of com. looks goods and sale only price above 1800 at PE of 100 FY.22