On December ninth, the preliminary public providing of CE Data Methods, the mum or dad firm of MapmyIndia, can be obtainable for subscription for 1,040 Crores MapmyIndia IPO. The corporate has set a value vary of Rs. 1,000-1,033 per share of capital. The primary three-day share providing begins on December ninth and ends on December thirteenth. MapmyIndia sells merchandise, platforms, software programming interfaces (APIs), and options in numerous digital map knowledge, software program, and IoT classes for the Indian market underneath the model title (MapmyIndia) and the world market underneath the title.
MapMyIndia IPO Allotment Standing
| Subscription Dates | 9 – 13 December 2022 |
| worth Band | INR1,000 – 1,033 |
| up to date concern | Nil |
| provide obtainable | 10,063,945 shares (INR1,006.39 – 1,039.61 crore) |
| Complete IPO dimension | 10,063,945 shares (INR1,006.39 – 1,039.61 crore) |
| Minimal bid (lot dimension) | 14 shares (INR14,462) |
| Face value | INR2 per share |
| Retail Allocation | 35% |
| Itemizing On | NSE, BSE |
MapmyIndia IPO GMP
The Grey Market Premium (GMP) is the unofficial market demand for a inventory listed on the Indian inventory exchanges, the BSE, and the NSE.
The grey marketplace for MapmyIndia inventory has come out with a premium of roughly Rs. 800.
Market Lot
| Minimal lot Measurement | 14 Shares |
| Most lot Measurement | 182 Shares |
| Minimal Price | Rs. 14,462 |
| Most Price | Rs. 188,006 |
MapmyIndia’s IPO, which powers Apple Maps, is solely a suggestion to promote by present shareholders and promoters of as much as 10,063,945 shares.
Rashmi Veri sells 42.51 million shares, Qualcomm Asia Pacific Pte Ltd sells 27.01 million shares and Zenrin Co ltd sells 13.7 million shares. The opposite shareholders would even have 17.41 Lakh shares.
About MapmyIndia
MapmyIndia is a number one supplier of superior digital maps, spatial software program, and location-based IoT applied sciences in India.
The corporate is a know-how and knowledge product and platform firm that gives proprietary digital maps as a service (MaaS) and software program as a service (SaaS). and Platform as a Service (PaaS).
The corporate presents merchandise, platforms, software programming interfaces (APIs), and options for all kinds of digital map knowledge, software program, and IoT for the Indian market underneath the model title (MapmyIndia).
The digital maps provided by the corporate cowl 6.29 million km of roads in India, which is 98.50% of the Indian street community.
The corporate’s digital map knowledge offers location, navigation, evaluation, and different info for 7,933 cities, 6,37,472 villages, 17.79 million areas in lots of classes, similar to
- eating places
- retail shops
- purchasing malls
- ATMs
- resorts
- police stations
- charging stations for electrical autos, and many others
Additionally addresses of homes or buildings from 14.51 million over 400 million georeferenced 360-degree pictures, movies, and panoramas throughout India.
The corporate serves the BFSI, telecommunications, FMCG, industrial, logistics and transport sectors.
MapymyIndia has additionally entered into numerous MoUs with key authorities organizations such because the
- Indian Area Analysis Group (ISRO)
- NITI Aayog
- Nationwide Digital Governance Division
- Ministry of Electronics and Know-how info
- Indian authorities.
A few of the firm’s prospects embody PhonePe, Flipkart, Yulu, HDFC Financial institution, Airtel, and Hyundai. Subscription charges, royalties, and annual funds mixed contributed greater than 90% of the corporate’s income for the 2022 tax.
Aggressive strengths
- Digital mapping pioneers in India with an edge for early adopters Companies with sturdy knowledge governance.
- Prestigious purchasers in all industries with sturdy relationships.
- Constant worthwhile monetary historical past
IPO Timetable and Worth Band
| Opening Date | ninth December 2022 |
| Closing Date | thirteenth December 2022 |
| Allotment Date | sixteenth December 2022 |
| Refund Date | seventeenth December 2022 |
| Share Credit score Date | twentieth December 2022 |
| Itemizing Date | twenty first December 2022 |
| IPO Measurement | Roughly Rs. 1,040 Crores |
| Sale Supply | Roughly 10,063,945 fairness shares |
| Face Worth | Rs. 2 per fairness share |
| Worth Band | Rs. 1,000 – Rs. 1,033 per share |
| Web sites | BSE & NSE |
| QIB Quota | 50% |
| Retail Quota | 35% |
| NII Quota | 15% |
How to examine the MapmyIndia IPO allotment
Listed here are the steps to confirm the IPO attribution of MapmyIndia on-line.
- Go to MapmyIndia’s IPO Award Standing on the BSE web site, NSE web site, or IPO Registrar web site for extra info.
- Choose the inexperienced Mapmy India IPO Allotment Standing button.
- To examine the standing of MapmyIndia’s IPO project, use your Demat account PAN quantity, software quantity, or DP consumer ID.
- After finishing all the above steps, click on on the search button to go to the following web page, the place the standing of the MapmyIndia IPO award can be disclosed.
You may as well examine your MapmyIndia IPO standing on the BSE web site.
Click on on the hyperlink beneath to go to their web site: www.bseindia.com/buyers/appli_check.
- Choose “Fairness” from the Problem kind drop-down choice when the web site opens. charged.
- Within the “Downside title” drop-down choice, select “MapmyIndia”.
- The request quantity and PAN are the following two items of knowledge it’s worthwhile to enter.
- After getting into all of the entries, you will want to show that you’re human by typing the captcha that seems on the display.
- Click on the Submit button on the backside of the web site after finishing all the above steps to proceed to the following web page, which can show the standing of MapmyIndia’s IPO award.
You possibly can request the IPO of MapmyIndia utilizing the ASBA out of your checking account. One other different is to use for MapmyIndia’s IPO utilizing the IPO varieties offered by BSE and NSE.