MapmyIndia IPO Grey Market Premium | C.E. Info Systems limited IPO Date | MapmyIndia IPO Price Brand | MapmyIndia IPO GMP Today | MapmyIndia IPO Review |
The CE Info Systems IPO, also known as MapmyIndia, will go public on December 9, 2021, and will close on December 13, 2021. MapmyIndia IPO raised about 1040 crores with an initial public offering (IPO) that includes an offer for sale of up to 10,063,945 equity shares at a price of two rupees each. The retail quota is set at 35%, with QIB at 50% and HNI at 15%.
About MapmyIndia Company
In India, mapmyIndia is a renowned provider of innovative digital maps, geospatial software, and location-based Internet of Things (IoT) solutions. The company provides proprietary digital maps as a service (MaaS), software as a service (SaaS), and platform as a service (PaaS), among other data and technology goods and platforms (PaaS). Under the (MapmyIndia) trademark, the company delivers products, platforms, application programming interfaces (APIs), and solutions for a variety of digital map data, software, and IoT for the Indian market, and under the (Mappls) brand for the international market.
The company’s digital maps encompass 6.29 million kilometers of Indian roadways, accounting for 98.50 percent of the country’s road network. Location, navigation, analytics, and other information are available for 7,933 towns, 6,37,472 villages, 17.79 million places (restaurants, retail shops, malls, ATMs, hotels, police stations, electric vehicle charging stations, and so on), and 14.51 million house or building addresses in the company’s digital map data. The company’s ‘RealView’ maps show actual roadside and on-ground views across India, based on more than 400 million geo-referenced pictures, videos, and 360-degree panoramas. The BFSI, telecom, FMCG, industrials, logistics, and transportation industries are all served by the organization.
The Indian Space Research Organization (ISRO), NITI Aayog, National eGovernance Division, Ministry of Electronics and Information Technology, and the Government of India have all signed memorandums of understanding with MapymyIndia. PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyundai are among the company’s clients. For Fiscal 2021, the subscription fee, royalty, and annuity payments together accounted for almost 90% of the company’s revenue.
Highlights of MapmyIndia IPO
The following are some of the most important aspects of the MapmyIndia IPO
- MapmyIndia is one of the names you can trust. Industry leaders from large technologies, corporations, the automobile industry, and government agencies are served.
- ISRO, NITI Aayog, National eGovernance Division, Ministry of Electronics and Information Technology, and the Government of India are among the government clients.
- They are the leading player in their field.
- PhonePe, Airtel, Yulu, HDFC Bank, Flipkart, and Hyundai are among the private sector clients.
Companies Competitive Strength
Some of the major companies’ competitive strengths are as follows:
Advantages:
- In India, digital maps and location intelligence are the most popular B2B and B2B2C products
- India’s digital mapping pioneers have a competitive advantage due to their foresight.
- Prestigious clients from a variety of industries with long-term partnerships
- Competitive advantage due to proprietary technology and network effect
- Global geospatial products and platforms company with robust data governance.
- Profitable financial track record on a consistent basis
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Objects of MapmyIndia IPO
The offer’s goals are to complete the sale of 10,063,945 equity shares and reap the benefits of having the equity shares listed on stock exchanges.
MapmyIndia IPO Date & Price Band
| IPO Open: | 09 December 2021 |
| IPO Close: | 13 December 2021 |
| IPO Size: | Approx ₹1040 Crores |
| Fresh Issue: | N/A |
| Price Band: | ₹1000 to ₹1033 Per Share |
| Offer for Sale: | Approx 10,063,945 Equity Shares |
| Face Value: | ₹2 Per Equity Share |
| Listing on: | BSE & NSE |
| QIB Quota: | 50% |
| Retail Quota: | 35% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Tentative Timetable for MapmyIndia IPO
The Tentative Timetable for MapmyIndia IPO is given in the table below
| IPO Open Date | 10 December 2021 |
| IPO Close Date | 13 December 2021 |
| Basis of Allotment Date | 16 December 2021 |
| Initiation of Refunds | 17 December 2021 |
| Credit of Shares to Demat Account | 20 December 2021 |
| IPO Listing Date | 21 December 2021 |
MapmyIndia IPO GMP
The MapmyIndia IPO GMP is given in the table below
| Date | MapmyIndia IPO GMP | Kostak | Subject to Sauda |
| 6 December 2021 | INR500 | INR600 | INR4,000 |
| 4 December 2021 | INR500 | – | – |
MapmyIndia IPO Lot
| Maximum Lot Size: | Maximum 182 Shares |
| Minimum Amount: | ₹14,462 |
| Maximum Amount: | ₹188,006 |
Financial Highlights
The Financial Highlights of the MapmyIndia IPO Lot is given in the table below:
| FY2019 | FY2020 | FY2021 | H1 FY2022 | |
| Revenue | 163.3 | 163.5 | 192.3 | 122.6 |
| Expenses | 121.5 | 131.9 | 113.5 | 59.7 |
| Net income | 33.6 | 23.2 | 59.4 | 46.8 |
| Margin (%) | 20.6 | 14.2 | 30.9 | 38.2 |
Valuations & Margins of MapmyIndia
| FY2019 | FY2020 | FY2021 | |
| EPS | 8.25 | 5.70 | 14.66 |
| PE ratio | – | – | 68.21 – 70.46 |
| EBITDA (%) | 29.44 | 24.77 | 35.38 |
| RONW (%) | 12.00 | 8.00 | 17.00 |
| ROCE (%) | 50.00 | 41.00 | 110.00 |
| Debt/Equity | – | – | 0.002 |
| NAV | – | – | 90.77 |
MapmyIndia IPO Subscription
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | ||||
| NII | ||||
| Retail | ||||
| Employees | ||||
| Total |
MapmyIndia Promoters
The MapmyIndia Promoters are as follows:
| S. No. | Company Promoters Name |
| Alisha Rafique Malik | |
| Rashmi Verma |
Promoters Holding for MapmyIndia Company
| Pre Issue ShareHolding | 61.71% |
| Post Issue Shareholding | 53.73% |
Lead Managers of MapmyIndia Company
Some of the Lead Managers of Metro Brands Company is as follows:
| S. No. | Managers Name |
| DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd) | |
| Axis Bank Limited | |
| JM Financial Consultants Private Limited | |
| Kotak Mahindra Capital Company Limited |
MapmyIndia Brands IPO Registrar
| Address: | Link Intime India Private LimitedC 101, 247 Park, L.B.S Marg,Vikhroli (West), Mumbai 400 083 |
| Contact Number: | +91 22 4918 6200 |
| E-mail id: | ceinfo@linkintime.co.in |
| Investor grievance e-mail id: | ceinfo@linkintime.co.in |
| Contact Person: | Shanti Gopalkrishnan |
| Official Website: | www.linkintime.co.in |
| SEBI Registration No.: | INR000004 |
Company Address:
- Address:
- C.E. Info systems limited
First, Second, & Third Floor,
Plot. No. 237, Okhla Industrial Estate,
Phase- III, New Delhi 110 020, India
Contact Number: +91 11 4600 9900
Email id: cs@mapmyindia.com
Website: https://www.mapmyindia.com/