MapmyIndia IPO GMP, Date, Share Price, Details & Analysis

Mapmyindia IPO Price – MapmyIndia and Mappls are two of the company’s brands that deliver products, platforms, APIs, and solutions across a wide variety of digital map data, software, and Internet of Things (IoT). MapmyIndia is the leading provider of innovative digital maps, geospatial software, and location-based IoT solutions. As a corporation that specializes in providing data and technology goods and platforms, MaaS, SaaS, and PAS are some of the services it provides (PaaS).

MapMyIndia IPO

The company’s digital maps encompass 6.29 million kilometres of roads in India, or 98.50 percent of the country’s total road network. 7.933 towns and 6,37,472 villages are covered by the company’s digital map data, as well as 17.79 million sites across a wide range of categories such as restaurants and retail shops.

ATMs; hotels and police stations; and electric car charging points. RealView maps based on over 400 million geo-referenced photographs, videos, and 360-degree panoramas across India are provided by the company. BFSI, telecom, FMCG, industrials, logistics, and transportation are some of the industries the company supports.

The digital maps offered by the company cover 6.29 Mn Km of roads in India, representing 98.50% of India’s road network. The company’s digital map data provides location, navigation, analytics, and other information for 7,933 towns, 6,37,472 villages, 17.79 Mn places across many categories such as restaurants, retail shops, malls, ATMs, hotels, police stations, electric vehicle charging stations, etc., and 14.51 Mn house or building addresses. The company’s ‘RealView’ maps provide actual roadside and on-ground views based on over 400 Mn geo-referenced photos, videos, and 360-degree panoramas across India.

The company serves the BFSI, telecom, FMCG, industrials, logistics, and transportation sectors. MapymyIndia has also entered into various memorandums of understanding with key government organizations such as the Indian Space Research Organisation (ISRO), NITI Aayog, National eGovernance Division, Ministry of Electronics and Information Technology, and Government of India. Some of the company’s customers include PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyundai. The subscription fee, royalty, and annuity payments together contributed over 90% of the company’s revenue for Fiscal 2021.

MapMyIndia Subscription Status

Additionally, MapmyIndia has signed agreements with the Indian Space Research Organization (ISRO), the National eGovernance Division (NEDG), the Ministry of Electronics and Information Technology (MeitY), and the Government of India.

MapMyIndia IPO

PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyundai are among the company’s clients. Over 90% of the company’s revenue in fiscal year 2021 came from subscription fees, royalties, and annuity payments.

MapMyIndia IPO Allotment Date 2021

Highlights

Company Name MapmyIndia
About MapmyIndia IPO GMP
Todays GMP 1050 rs
Article Type Subscription Status
Official Website mapmyindia.com

 MapmyIndia Subscription online

IPO Opening Date Dec 9, 2021
IPO Closing Date Dec 13, 2021
Issue Type Book Built Issue IPO
Face Value ₹2 per equity share
IPO Price ₹1000 to ₹1033 per equity share
Market Lot 14 Shares
Min Order Quantity 14 Shares
Listing At BSE, NSE
Issue Size 10,063,945 Eq Shares of ₹2

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(aggregating up to ₹1,039.61 Cr)

Offer for Sale 10,063,945 Eq Shares of ₹2

(aggregating up to ₹1,039.61 Cr)

QIB Shares Not more than 50% of the offer
Retail Shares Not less than 35% of the offer
NII (HNI) Shares Not less than 15% of the offer

Mapmyindia IPO Date 2021

What is MapmyIndia IPO GMP Today?

As of today, MapMyIndia’s IPO GMP is 1050 rupees

Date GMP Kostak Subject to
14th December 1050rs 950 rs 11000 rs
12th December 1000rs 800 rs 10000 rs
11th December 1000rs 800 rs 10000 rs
10th December 900rs 800 rs 10000 rs
09th December 800rs 700 rs 8000 rs
08th December 800 rs 700 rs 8000 rs
07th December 700 rs 500 rs 5000 rs

What this GMP mean

GMP, according to industry watchers, is a predictor of grey market listing gains. For MapmyIndia IPO, the grey market expects it to list at a price of 2113 (1033+1080), which is more than 100 percent of the IPO’s stated price range of 1000–1033 per equity share.

MapMyIndia IPO Allotment Date 2021

MapmyIndia IPO subscription status

7.17 times the retail portion of the offer, 4.32 times the QIB portion and 6.27 times the NII portion of the issue have been subscribed. The grey market has jumped on the public problem after receiving a robust response from investors.

MapmyIndia’s profitability has shown good scope backed by solid technology and great operating leverage,” Ravi Singh, Head of Research and Vice President at ShareIndia remarked. With a large customer base and increasing market share, it’s a fantastic long-term investment option. The IPO is a long-term investment, and investors should keep an eye on future prices.”

MapMyIndia Share Price 2021

“Map My India (CEISL) supplies digital maps under MaaS, SaaS, and PaaS with a solid position in the market,” said Abhay Doshi, founder of UnlistedArena.com. 98.50 percent of India’s road network is covered by their digital maps, which include 6.29 million kilometres of roadways. New age enterprises, startups in consumer technology, last-mile delivery and e-commerce are increasing, making the growth prospects attractive. These startups are required to map the service offerings.”

Net profit climbed at a CAGR of 33 percent from FY19 to FY21, with EBITDA margins of roughly 35 percent for FY21. The issue is being offered at a PE of 58x, which is 13.54 times its book value (annualized FY22). It’s expected that there will be a lot of interest in this topic because of the expansion and potential of these companies.

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
Website: https://www.mapmyindia.com/

MapmyIndia IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ceinfo@linkintime.co.in
Website: https://linkintime.co.in/

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