MapmyIndia IPO description – CE Infosystems, the company behind MapmyIndia brand name, is India’s leading provider of advanced digital maps, geospatial software and location-based IoT technologies. Having pioneered digital mapping in India in 1995, it has earned market leadership position in this industry and built a strong moat by capitalizing on its early mover advantage, developing proprietary and integrated technologies, full stack product offerings, continuous innovation and robust sustainable business model.
The company offers proprietary digital maps as a service (MaaS), software as a service (SaaS) and platform as a service (PaaS). It 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.
As on 31 August 2021, the company’s digital map data provides location, navigation, analytics and other information for 7,933 towns, 6,37,472 villages, 17.79 million places across many categories such as restaurants, retail shops, malls, ATMs, hotels, police stations, electric vehicle charging stations etc., and 14.51 million house or building addresses. Its AI-powered, four-dimensional (4D), high-definition (HD), information-rich (IR), multi-lingual, hyperlocal digital map twin digitally and geospatially represents the dynamically changing real world in near real time.
It derives majority of revenue from B2B and B2B2C enterprise customers. The company’s business model is to charge customers fees per period based on per vehicle, per asset, per transaction, per use case, per user, as applicable. These take the form of subscription fees, royalties, annuities in return for providing licenses and usage rights to its proprietary digital MaaS, PaaS and SaaS offerings. Subscription fee, royalty and annuity payments together contributed over 90% of its revenue from operation for FY2021.
Promoters of CE Infosystems – Rakesh Kumar Verma and Rashmi Verma
MapmyIndia IPO Details
| Subscription Dates | 9 – 13 December 2021 |
| Price Band | INR1,000 – 1,033 |
| Fresh issue | Nil |
| Offer For Sale | 10,063,945 shares (INR1,006.39 – 1,039.61 crore) |
| Total IPO size | 10,063,945 shares (INR1,006.39 – 1,039.61 crore) |
| Minimum bid (lot size) | 14 shares (INR14,462) |
| Face Value | INR2 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
MapmyIndia‘s Financial Performance
| Â | 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 |
MapmyIndia IPO News
MapmyIndia Valuations & Margins
| FY2019 | FY2020 | FY2021 | |
| EPS | 8.25 | 5.70 | 14.66 |
| PE ratio | – | – | 68.21 – 70.46 |
| RONW (%) | 12.00 | 8.00 | 17.00 |
| ROCE (%) | 50.00 | 41.00 | 110.00 |
| EBITDA (%) | 29.44 | 24.77 | 35.38 |
| Debt/Equity | – | – | 0.002 |
| NAV | – | – | 90.77 |
MapmyIndia IPO GMP Daily Trend
| Date | MapmyIndia IPO GMP | Kostak | Subject to Sauda |
| 20 Dec 2021 | INR700 | INR650 | INR8,000 |
| 18 Dec 2021 | INR850 | INR700 | INR9,000 |
| 17 Dec 2021 | INR900 | INR850 | INR9,500 |
| 16 Dec 2021 | INR1,000 | INR900 | INR10,000 |
| 15 Dec 2021 | INR1,000 | INR900 | INR10,000 |
| 14 Dec 2021 | INR1,000 | INR900 | INR9,500 |
| 13 Dec 2021 | INR1,000 | INR900 | INR9,200 |
| 11 Dec 2021 | INR950 | INR850 | INR9,000 |
| 10 Dec 2021 | INR900 | INR850 | INR9,000 |
| 9 Dec 2021 | INR750 | INR800 | INR8,500 |
| 8 Dec 2021 | INR700 | INR750 | INR6,700 |
| 7 Dec 2021 | INR600 | INR650 | INR5,500 |
| 6 Dec 2021 | INR500 | INR600 | INR4,000 |
| 4 Dec 2021 | INR500 | – | – |
MapmyIndia IPO Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | 20,12,789 | 0.46 | 4.32 | 196.36 |
| NII | 15,09,592 | 1.17 | 6.27 | 424.69 |
| Retail | 35,22,381 | 3.28 | 7.17 | 15.20 |
| Total | 70,44,762 | 2.02 | 6.16 | 154.71 |
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MapmyIndia Offer Registrar
Link Intime India Private LimitedÂ
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email:Â [email protected]
Website:Â http://www.linkintime.co.in
MapmyIndia Contact Details
CE Infosystems Limited
First, Second, & Third Floor,
Plot. No. 237, Okhla Industrial Estate,
Phase- III, New Delhi 110 020
Phone:Â +91 11 4600 9900
Email:Â [email protected]
Website: www.mapmyindia.com
MapmyIndia IPO Allotment Status
MapmyIndia IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Meanwhile, bank debits have started. Please check bank account balance to check allotment status.
MapmyIndia IPO Timetable
| IPO Opening Date | 9 December 2021 |
| IPO Closing Date | 13 December 2021 |
| Finalisation of Basis of Allotment | 16 December 2021 |
| Initiation of refunds | 17 December 2021 |
| Transfer of shares to demat accounts | 20 December 2021 |
| Listing Date | 21 December 2021 |
| Opening Price on NSE | INR1,565 per share (up 51.5% from IPO price) |
| Closing Price on NSE | INR1,375 per share (up 33.11% from IPO price) |
MapmyIndia IPO FAQs
How many shares in CE Infosystems IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in CE Infosystems Public Offer?
The best way to apply in CE Infosystems IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is MapmyIndia IPO GMP today?
MapmyIndia IPO GMP today is INR700 per share.
What is MapmyIndia IPO kostak rate today?
MapmyIndia IPO kostak rate today is INR650 per application.
What is CE Infosystems Subject to Sauda rate today?
CE Infosystems Subject to Sauda rate today is INR8,000 per application.
