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

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CE Info Systems, popularly known for its brand MapmyIndia, has set the price band for its initial public offering at Rs 1,000-1,033 per equity share of face value of Rs 2 each, the company said in a newspaper notice.

The offer, which will open on December 9 and close on December 13, will be at a floor price of 500 times the face value of the shares and cap price will be 516.50 times

Source – moneycontrol.com

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Pro Entertainer Pro Entertainer
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Depends on Tega allotment and if funds available

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tappukepapa wrote:

Depends on Tega allotment and if funds available

Tega bhai ghar aa gaya to mazza a jayega

Pro Entertainer Pro Entertainer
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raman12 wrote:

Tega bhai ghar aa gaya to mazza a jayega

Remember, Tega hi Dega. Agar allotment mila toh smiley

Helpful Helpful
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milega bhai, 7 lot lgaaya h, kch to milega

Deal Major Deal Major
Admin
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But dont understand their revenue streams well

Deal Cadet Deal Cadet
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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.

+ Here are the details:

- 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??

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

https://cdn0.desidime.com/attachments/photos/726931/medium/8131643mapmyindia_ipo_gmp_1639011656186_1639011656378.jpg?1639026261

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.

Generous Generous
Admin
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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.

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

Hunk Hunk
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tappukepapa wrote:

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

Ji. Right strategy 🙂

Pro Entertainer Pro Entertainer
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Rosh_0007 wrote:

what is current GMP ?

GMP₹805 (+/-10)
Estimated Listing Price – ₹1838 (77.93%)

Generous Generous
Admin
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tappukepapa wrote:

GMP₹805 (+/-10)
Estimated Listing Price – ₹1838 (77.93%)

laga do .. sara paisa .. 1 hafte me paisa double laughing

disclaimer – this is for education purpose only stuck_out_tongue laughing

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

Deal Cadet Deal Cadet
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PandaLife wrote:

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.

+ Here are the details:

- 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??

smile
Deal Cadet Deal Cadet
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raman12 wrote:

Tega bhai ghar aa gaya to mazza a jayega

mera toh nahi mere dost ka laga . . I had made him apply for tega! Got lucky
I have to settle it up with a party 😸

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PandaLife wrote:

mera toh nahi mere dost ka laga . . I had made him apply for tega! Got lucky
I have to settle it up with a party 😸

Puri raat lena party grin

Deal Hunter Deal Hunter
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Ek raaz ki baat bolu : Ye bhi nehi milega

Deal Cadet Deal Cadet
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mujhe toh chaiye bhi nahi confused

Deal Captain Deal Captain
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any one got the allotment?

Pro Entertainer Pro Entertainer
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Sam702 wrote:

any one got the allotment?

Not allotted, pending for unblocking of funds. sob sob

Finance Mentor Finance Mentor
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My account is just debited for this issue.

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

Pro Entertainer Pro Entertainer
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Bk100 wrote:

My account is just debited for this issue.

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

Congratulations bro, Good gor listing gains and Long term as well.

Finance Mentor Finance Mentor
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tappukepapa wrote:

Congratulations bro, Good gor listing gains and Long term as well.

Ok. Then will sell 50% shares and will keep remaining 50 % for long term.actually not able understand business model of this company. That is problem.

Pro Entertainer Pro Entertainer
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Bk100 wrote:

Ok. Then will sell 50% shares and will keep remaining 50 % for long term.actually not able understand business model of this company. That is problem.

Search on internet or Watch YouTube videos to know about their business.
BTW here is short info about them.
https://www.chittorgarh.com/ipo/mapmyindia-ipo....

Deal Cadet Deal Cadet
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PandaLife wrote:

mujhe toh chaiye bhi nahi confused

cry cry

sach mein nahi laga

Finance Mentor Finance Mentor
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Not very strong listing

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