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

MapmyIndia IPO 2021
Upcoming MapmyIndia IPO | New MapmyIndia IPO

MapmyIndia is a leading provider of advanced digital maps, geospatial software, and location-based IoT technology in India. The company is a data and technology company and platforms, providing digital mapping related services (MaaS), software as a service (SaaS), and platform as a service (PaaS). The company provides products, platforms, application programming interfaces (APIs), and solutions to the entire range of digital map data, software, and IoT of the Indian sub-brand market (MapmyIndia), as well as the international market under the brand ( Mappls).

Digital maps provided by the company cover 6.29 Mn Km of India, representing 98.50% of India’s road network. The company’s digital map data provides location, navigation, statistics, and other information for 7,933 cities, 6,37,472 villages, 17,79 locations in many sectors such as restaurants, department stores, supermarkets, ATMs, hotels, police stations , electric car charging stations. , etc., and 14.51 Mn house or building addresses. The company ‘RealView’ maps provide real-time traffic and world views based on more than 400 Mn geo-referenced images, videos, and 360-degree panoramas throughout India.

The company operates for BFSI, telecom, FMCG, industry, transport and transportation sectors. MapymyIndia also entered into various cooperation agreements with key government agencies such as the Indian Space Research Organization (ISRO), NITI Aayog, the National Governance Division, the Ministry of Electronics and Information Technology, and the Government of India. Other customers of this company include iPhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyundai. Subscription payments, royalty, and annuity payments together contributed more than 90% of Fiscal 2021 company revenue.

MapMyIndia IPO

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 Promoters

  • Rakesh Kumar Verma
  • Rashmi Verma

Company Financials

ParticularsFor the year/period ended (₹ in Millions)
31-Mar-2131-Mar-2031-Mar-19
Total Assets4,268.563,578.263,392.59
Total Revenue1,922.741,634.781,633.35
Profit After Tax594.33231.95335.66

Objects Of The Issue

  • Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
  • To meet common corporate objectives.
MapMyIndia IPO 
Object Of The Issue

MapMyIndia IPO Risk

  • They are reliant on developments in the industries in which their corporate clients operate.
  • A portion of their business is reliant on the performance of the automobile industry, particularly in India, which is their most important market.
  • Their ability to sell their services may be harmed if they are unable to maintain or update their map database, or if their map database contains errors.
  • The deregulation of the digital mapping business could increase competition and their incapacity to compete effectively, resulting in client loss.
  • They may not be able to maintain their current growth rates, and their historical results may not be representative of their future results.
  • Increased government rules could impose more costs on their company.

Other Threats

  • They may make strategic investments or acquisitions that are difficult to integrate and manage.
  • their business could suffer if they do not maintain or develop their IT infrastructure.
  • System failures and resulting interruptions in their platform’s functionality could have a negative impact on their business.
  • COVID-19’s outbreak and aftereffects, or any other major communicable disease outbreak, could have a negative influence on their business.
  • Their overseas operations and expansion strategies are exposed to the risks and uncertainties of doing business outside of India.
  • Their worldwide operations generate revenue that is vulnerable to foreign currency risk.

MapMyIndia IPO – Details

IPO Opening Date09 December 2021
IPO Closing Date13 December 2021
Issue TypeBook Built Issue IPO
Issue Size₹ 1039.61 Crore
Face Value₹2 per equity share
IPO Price₹100 To ₹1033 Per Equity Share
Market Lot14 Shares (1 Lot)
Min Order14 Shares
Listing AtBSE, NSE
RegisterLinkInTime India Private Limited

MapMyIndia IPO – Date Schedule

IPO Open Date09 December 2021
IPO Close Date13 December 2021
Basis of Allotment Date16 December 2021
Initiation of Refunds17 December 2021
Credit of Shares to Demat Account20 December 2021
IPO Listing Date21 December 2021

MapMyIndia IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum11414,462
Maximum131821,88,006

Promoter Holding

Pre Issue Share Holding65.63%
Post Issue Share Holding

MapMyIndia IPO Prospectus

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
Websitehttps://www.mapmyindia.com/

MapMyIndia IPO Registrar

Link Intime India Private Limited

C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai 400 083 Maharashtra

Tel: (+91 22) 4918 6200
E-mail: ceinfo@linkintime.co.in
Website: www.linkintime.co.in

MapMyIndia IPO Lead Manager(s)

1. Axis Capital Limited
2. JM Financial Limited
3. Kotak Mahindra Capital Company Limited
4. DAM Capital Advisors Limited

MapMyIndia IPO FAQs

When MapMyIndia IPO will open?

The MapMyIndia IPO dates are 09 December 2021 To 13 December 2021.
What is the lot size of MapMyIndia IPO?

MapMyIndia IPO lot size is 14 Shares Shares and total amount is ₹ 14,462
How to apply for MapMyIndia IPO?

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.
When is MapMyIndia IPO listing date?

The MapMyIndia IPO listing date is announced. The date of MapMyIndia IPO listing is 21 December 2021.

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