Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
C.E.Info systems IPO is a book build issue of ₹1,039.61 crores. The issue is entirely an offer for sale of 1.01 crore shares of ₹1,039.61 crore.
C.E.Info systems IPO bidding started from Dec 9, 2021 and ended on Dec 13, 2021. The allotment for C.E.Info systems IPO was finalized on Dec 16, 2021. The shares got listed on BSE, NSE on Dec 21, 2021.
C.E.Info systems IPO price band is set at ₹1033.00 per share . The lot size for an application is 14. The minimum amount of investment required by an retail is ₹14,000 (14 shares). The lot size investment for sNII is 14 lots (196 shares), amounting to ₹2,02,468, and for bNII, it is 70 lots (980 shares), amounting to ₹10,12,340.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to C.E.Info systems IPO RHP for detailed Information.
| IPO Date | December 9, 2021 to December 13, 2021 |
| Listing Date | December 21, 2021 |
| Face Value | ₹2 per share |
| Issue Price Band | ₹1000 to ₹1033 per share |
| Issue Price Final | ₹1033 per share |
| Lot Size | 14 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 1,00,63,945 shares (aggregating up to ₹1,039.61 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 5,32,42,967 shares |
| Share Holding Post Issue | 5,32,42,967 shares |
MapmyIndia IPO offers total 1,00,63,945 shares. Out of which 50,31,972 (50.00%) allocated to QIB, 20,12,789 (20.00%) allocated to QIB, 15,09,592 (15.00%) allocated to NII, 35,22,381 (35.00%) allocated to RII and 30,19,183 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 50,31,972 (50.00%) | NA |
| − Anchor Investor Shares Offered | 30,19,183 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 20,12,789 (20.00%) | NA |
| NII (HNI) Shares Offered | 15,09,592 (15.00%) | NA |
| Retail Shares Offered | 35,22,381 (35.00%) | 2,51,598 |
| Total Shares Offered | 1,00,63,945 (100.00%) |
C.E.Info systems IPO raises ₹311.88 crore from anchor investors. C.E.Info systems IPO Anchor bid date is December 8, 2021. C.E.Info systems IPO Anchor Investors list
| Bid Date | December 8, 2021 |
| Shares Offered | 30,19,183 |
| Anchor Portion Size (In Cr.) | 311.88 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 15, 2022 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 16, 2022 |
C.E.Info systems IPO opens on December 9, 2021, and closes on December 13, 2021.
| IPO Open Date | Thu, Dec 9, 2021 |
| IPO Close Date | Mon, Dec 13, 2021 |
| Tentative Allotment | Thu, Dec 16, 2021 |
| Initiation of Refunds | Fri, Dec 17, 2021 |
| Credit of Shares to Demat | Mon, Dec 20, 2021 |
| Tentative Listing Date | Tue, Dec 21, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 13, 2021 |
Investors can bid for a minimum of 14 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹14,462 |
| Retail (Max) | 13 | 182 | ₹1,88,006 |
| S-HNI (Min) | 14 | 196 | ₹2,02,468 |
| S-HNI (Max) | 69 | 966 | ₹9,97,878 |
| B-HNI (Min) | 70 | 980 | ₹10,12,340 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
MapmyIndia is a leading provider of advanced digital maps, geospatial software, and location-based IoT technologies in India. The company 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). The company 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 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.
Competitive Strengths:
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 4,659.58 | 4,268.56 | 3,578.26 | 3,392.59 | |
| Total Revenue | 1,225.79 | 1,922.74 | 1,634.78 | 1,633.35 | |
| Profit After Tax | 467.66 | 594.33 | 231.95 | 335.66 | |
The objects of the offer are to carry out the offer for the sale of 10,063,945 equity shares and achieve the benefits of listing the equity shares on the stock exchanges.
[Dilip Davda] While the company posted average performances for FY19 and FY20, super earnings since FY21 onwards remains a concern for the sustainability of such margins going forward. The issue is priced aggressively to encase the first mover tag. Based on financial parameters too the issue is highly-priced. Hence the cash surplus/risk seekers may consider investment for long term. Other may stay away. Read detail review...
| Listing Date | December 21, 2021 |
| BSE Script Code | 543425 |
| NSE Symbol | MAPMYINDIA |
| ISIN | INE0BV301023 |
| Final Issue Price | ₹1033 per share |
| BSE Listing Group | B |
C.E.Info systems Ltd.
First, Second, & Third Floor,
Plot. No. 237, Okhla Industrial Estate,
Phase- III, New Delhi 110 020, India
Delhi, New Delhi
Phone: +91 11 4600 9900
Email: cs@mapmyindia.com
Website: https://www.mapmyindia.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: ceinfo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
C.E.Info systems IPO is a main-board IPO of 1,00,63,945 equity shares of the face value of ₹2 aggregating up to ₹1,039.61 Crores. The issue is priced at ₹1033 per share. The minimum order quantity is 14.
The IPO opens on December 9, 2021, and closes on December 13, 2021.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in C.E.Info systems IPO using UPI as a payment gateway. Zerodha customers can apply in C.E.Info systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in C.E.Info systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The C.E.Info systems IPO opens on December 9, 2021 and closes on December 13, 2021.
C.E.Info systems IPO lot size is 14, and the minimum amount required for application is ₹14,462.
You can apply in C.E.Info systems IPO online using either UPI or ASBA as a 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. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for C.E.Info systems IPO will be done on Thursday, December 16, 2021, and the allotted shares will be credited to your demat account by Monday, December 20, 2021. Check the C.E.Info systems IPO allotment status.
The C.E.Info systems IPO listing date is on Tuesday, December 21, 2021.
Useful Articles
RHP