Everything You Need to Know About the MapmyIndia (C.E Info Systems Ltd.) IPO

MapmyIndia (C.E. Info Systems Ltd) is India’s leading provider of advanced digital maps, geospatial software, and location-based IoT technologies. It 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).

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.

The digital maps offered by the company cover 6.29 million kilometers of roads in India, representing 98.50% of India’s road network which was 6.39 million kilometers as of March 31, 2019. The 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., serving large businesses across industry segments such as BFSI, telecom, FMCG, industrials, logistics and transportation, and key government organizations.

The entire public offer of MapmyIndia comprises an offer for sale of 10,063,945 crore equity shares from the existing shareholders.

Financial Snapshot:

Financial Year Ended Revenue (₹ Crores) Profit/Loss for the period (₹ Crores) EPS (₹)
March 2019 163.33 33.56 8.51
March 2020 163.47 23.19 5.88
March 2021 192.27 59.43 15.07

For more information, you can check out the IPO Prospectus filed by the company.

IPO Schedule:

Issue Period 9th December to 13th December 2021
Price Range ₹ 1000 to 1033
Minimum Bid Quantity 14 and in multiples thereof
Finalisation of Allotment 16th December 2021
Initiation of Refunds 17th December 2021
Credit of Shares 20th December 2021
Listing Date 21st December 2021
Mandate end Date 29th December 2021

How do I apply to the MapmyIndia IPO?

You can apply for the MapmyIndia IPO using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

How to check the allotment status for MapmyIndia IPO?

You can check the allotment status for the MapmyIndia IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.