MapmyIndia sets IPO price band at Rs 1,000-1,033 per share

Depends on Tega allotment and if funds available

milega bhai, 7 lot lgaaya h, kch to milega

But dont understand their revenue streams well

C E Info Systems Limited (MapmyIndia) IPO opens for subscription on 9th December. The company is looking to raise up to Rs 1,039.61 crore through the public issue.

- About Mapmyindia IPO:
MapmyIndia IPO Date: 9 December – 13 December 2021
- MapmyIndia IPO Price band: Rs 1000 – Rs 1033
- Issue Size: Rs 1,039.61 crore (Offer for sale of up to 10,063,945 Equity shares)
- Post Issue Market Cap: Rs 5,324 crore – Rs 5,500 cr.
- Reservation: QIB 50%, Retail 35%, NII 15%
- Minimum Investment: Rs 14,462
Bid lot: 14 shares, and in multiples of 14 shares

+ Objectives of the issue
The net proceeds from the IPO will be utilised for the following purposes :

- to carry out the offer for the sale of 10,063,945 equity shares
- to achieve the benefits of listing the equity shares on the stock exchanges

+ About MapmyIndia

- MapmyIndia, incorporated in 1995, offers proprietary digital maps as a service (MaaS), software as a service (SaaS), and platform as a service (PaaS).

-They are India’s leading provider of advanced digital maps, geospatial software, and location-based IoT technologies.

-It provides products, platforms, application programming interfaces (APIs), and solutions across a range of digital map data, software, and IoT for the Indian market.

-The company primarily serves enterprise customers across 3 major categories – corporate, automotive, and government and their customers in turn serve the larger community of end-users.

-MapmyIndia derives a majority of its revenue from B2B and B2B2C enterprise customers.

-Their business model is to charge their customer fees per period based on per vehicle, per asset, per transaction, per use case, or per user basis.

-They had serviced over 2,000 enterprise customers since their inception as of September 30, 2021.

-Some of their customers include PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, Hyundai, MG Motor, Avis, Safexpress, and Goods and Service Tax Network.

Current GMP- 700-750 inr (70±%)

Are you going to apply??

MapmyIndia IPO opens for subscription today. Why analysts see it as long-term bet? GMP, other details

MapmyIndia’s initial public offering (IPO) with a price band of ₹1,000-1,033 a share, has opened for public subscription today and the three-day issue will close on December 13. The digital mapping company on Wednesday said it has mobilised ₹312 crore from anchor investors ahead of its initial share sale.

According to market observers, MapmyIndia shares premium (GMP) have surged to ₹880 in grey market today. The company’s shares are expected to list on exchanges on December 21, 2021.

Will wait till last date. Abhi apply kardo toh ek week tak amount block karke rakhte hain.

Latest GMP – ₹855 (+/-10)
Estimated Listing Price – ₹1888 (82.77%)
Dec 9, 2021 4:59:19 PM IST

Ek raaz ki baat bolu : Ye bhi nehi milega

mujhe toh chaiye bhi nahi

any one got the allotment?

My account is just debited for this issue.

What is estimated listing rate. Is my amount safe? 😳

Not very strong listing

Listed with 51.50% gains on NSE and 53.05% gains on BSE.
Don’t be panic after downfall.
Keep holding.
@Bk100

Listing price Rs.1623
Current price Rs.1393.65