MapmyIndia IPO GMP, MapmyIndia Grey Market Premium Today
MapmyIndia IPO: MapmyIndia IPO GMP ( MapmyIndia Grey Market Premium ), IPO Date, MapmyIndia IPO Review, All important dates, Benifits and Risk. MapmyIndia's IPO to hit the market soon. MapmyIndia (C.E. Info systems limited) provides digital maps, geospatial software and location-based IoT (Internet of Things) technology in India. We will update MapmyIndia Limited's Grey Market Premium everyday. Also, all the information related to MapmyIndia IPO like price band, all dates, issue size and retail portion ,etc. Everytihing about MapmyIndia IPO is given below.
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| MapMyIndia IPO GMP (MapmyIndia Grey Market Premium) |
MapmyIndia IPO
The IPO of MapmyIndia Limited will open on 09 December 2021 and close on 13 December 2021. MapmyIndia IPO price band is ₹1000 - ₹1033. The company (MapmyIndia) is looking to raise Rs 1200 crore through an initial public offering (IPO). Where the whole IPO (Approx 10,063,945 Equity Shares) will be under OFS (Offer for Sale).
In this IPO, Approx ₹1200 Crores worth of shares will be sold through an offer for sale. The IPO of MapmyIndia will be listed on NSE and BSE. The information given is on the basis of DRHP filed by MapmyIndia Limited.
We will talk about MapmyIndia Limited's financials, benefits, and risks of investing in the company. Also will discuss Tarsons business model and its financials. Read About Metro Brands IPO.
What is MapmyIndia IPO GMP Today?
MapmyIndia IPO GMP is ₹700.
What is the MapmyIndia IPO Date?
MapmyIndia IPO Opening date is 09 December 2021.
What is MapmyIndia IPO Expected Return?
MapmyIndia IPO Expected Returns is 70%.
About MapmyIndia
The company has emerged as a provider of advanced digital maps, geospatial software, and location-based IoT (Internet of Things) technology in India. The company primarily offers its services such as digital maps, software as a service (SaaS), and as a service (PaaS). The company provides products, platforms, application programming interfaces (APIs), and solutions in a range of digital map data, software, and IoT in India under the "MapMyIndia" brand and internationally under the "Maple" brand. ,
The digital maps offered by the company represent 98.50% of India's road network. The company's digital map data provides information for towns, villages, various locations including hotels, police stations, restaurants, grocery stores, malls, ATMs, electric vehicle charging stations.
The company (MapymyIndia) has worked with India's leading organizations and firms including the Indian Space Research Organization (ISRO), NITI Aayog, National e-Governance Division, Ministry of Electronics, and Information Technology and Government of India, etc.
If we talk about the customers of MapymyIndia, then they include Flipkart, PhonePe, Yulu, Airtel, HDFC Bank, and Hyundai, etc. The company mainly generates its revenue from subscription fees, royalty, and annuity payments which is more than 90% of the revenue in FY 2021.
Important Links:
Purpose of the offer
- Since the IPO offer (10,063,945 equity shares) is under offer for sale, the company wants to achieve the benefits of listing the equity shares on the stock exchanges.
MapmyIndia GMP Today (Grey Market Premium)
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| 21 December | ₹ | ₹ | ₹ |
| 20 December | ₹700 | ₹850 | ₹10000 |
| 19 December | ₹750 | ₹950 | ₹11000 |
| 18 December | ₹850 | ₹950 | ₹11000 |
| 17 December | ₹950 | ₹950 | ₹11000 |
| 16 December | ₹1050 | ₹950 | ₹11000 |
| 15 December | ₹1050 | ₹950 | ₹11000 |
| 14 December | ₹1050 | ₹950 | ₹11000 |
| 13 December | ₹1000 | ₹800 | ₹10000 |
| 12 December | ₹1000 | ₹800 | ₹10000 |
| 11 December | ₹1000 | ₹800 | ₹10000 |
| 10 December | ₹900 | ₹800 | ₹10000 |
| 09 December | ₹800 | ₹700 | ₹8000 |
| 08 December | ₹800 | ₹700 | ₹8000 |
| 07 December | ₹650 | ₹500 | ₹5000 |
| 06 December | ₹750 | ₹600 | ₹5000 |
| 05 December | ₹700 | ₹600 | ₹5000 |
| 04 December | ₹700 | ₹- | ₹- |
| 03 December | ₹600 | ₹- | ₹- |
| 02 December | ₹350 | ₹- | ₹- |
| 01 December | ₹- | ₹- | ₹- |
MapmyIndia IPO Date and Price Band Details
MapmyIndia IPO open date: 09 December 2021, Closing date: 13 December 2021, and Listing date: 21 December 2021. The price band of MapmyIndia IPO is ₹1000 to ₹1033 per share. MapmyIndia IPO issue size is Rs 1200 crores. MapmyIndia Ipo retails portion is 35%, QIB Portion is 50%, and NII Portion 15%.
| IPO Open: | 09 December2021 |
| IPO Close: | 13 December 2021 |
| Listing Date: | 21 December 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹1200 Crores |
| Fresh Issue: | N/A |
| Offer For Sale: | Approx ₹1200 Crore |
| Price Band: | ₹1000 to ₹1033 per share |
| Face Value: | ₹2/Equity share |
| QIB Portion: | 50% |
| Issue Type: | Book Build |
| Retail Portion: | 35% |
MapmyIndia IPO Market Lot & Size
MapmyIndia IPO's minimum lot size is 14 shares with ₹14,462 application amount and the maximum lot size is 182 shares with ₹188,006 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 14 Shares |
| Minimum Amount: | ₹14,462 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 182 Shares |
| Maximum Amount: | ₹188,006 |
MapmyIndia IPO Allotment & Listing Date
| Ipo Opening Date: | 09 December 2021 |
| IPO Closing Date: | 13 December 2021 |
| Basis of Allotment: | 16 December 2021 |
| Refund Date: | 17 December 2021 |
| Credit to Demat Account: | 20 December 2021 |
| Listing Date: | 21 December 2021 |
MapmyIndia IPO Review
HappiestPost Review: To be Updated.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- Yes Securities: To be updated
- ICICI Securities: To be updated
- Choice Brokering: To be updated
- IIFL Securities: To be updated
- Trade swift: To be updated
- Axis Securities: To be updated
Strength
- The company has distinguished clients in strong ties with sectors such as the Indian Space Research Organization (ISRO), NITI Aayog, National eGovernance Division, etc.
- It is the first company to be listed in the field of digital mapping in India, so the demand for the company's Shares will be great.
- The company has a network effect due to which it has a competitive edge.
- Mapmyindia is a leading player in the B2B market segment for Digital Maps and Location Intelligence in India and in the B2B2C market segment, with the company's business being unparalleled.
- Along with government organizations, many big companies like Flipkart, PhonePe, Yulu, Airtel, HDFC Bank, etc. are included.
- The company's financial track record has been consistently profitable.
Risks
- The company's operations and business have been affected due to the Corona epidemic.
- Many big tech companies are also associated with the company, if the relationship with any company is bad then the revenue of the company can be affected.
- The company needs to innovate continuously.
- The share issue of the company is under 100% OFS. The Company will not receive any money for its business purpose from this OFS issue.
MapmyIndia Financials
MapmyIndia Financials (in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹163 | ₹122 | ₹33 |
| 2020 | ₹163 | ₹132 | ₹23 |
| 2021 | ₹192 | ₹114 | ₹59 |
MapmyIndia Promotors
- Rashmi Verma
- Rakesh Kumar Verma
Contact Details of MapmyIndia
C.E. Infosystems limited
First, Second, & Third Floor,
Plot. No. 237, Okhla Industrial Estate,
Phase- III, New Delhi 110 020, India
Phone: +91 1146009900
Email: cs@mapmyindia.com
Website: https://www.mapmyindia.com/
Lead Managers
- Axis Bank Limited
- JM Financial Consultants Private Limited
- Kotak Mahindra Capital Company Limited
- DAM Capital Advisors Ltd (Formerly IDFC Securities Limited)
MapmyIndia IPO Registrars
Link Intime India Private Limited
C 101, 247 Park, L.B.S Marg,
Vikhroli (West), Mumbai 400 083
Tel: +91 22 4918 6200
E-mail: ceinfo@linkintime.co.in
Official Website: www.linkintime.co.in
Investor Grievance ID: ceinfo@linkintime.co.in
Conclusion
On looking at the company, we find that many big tech companies including many government organizations are also associated with the company. The company's financial track record has been excellent. It is the first such Indian company to be listed on the stock market. If we talk bad about IPO, then the entire IPO of the company is under OFS i.e. no money will go into the company. If you want to go for Listening Gain then this idea can prove to be a great investment as the Grey market premium is doing very well.
Check MapmyIndia IPO allotment Status and Subscriptions Number.
MapmyIndia IPO FAQs
What is MapmyIndia IPO GMP Today?
MapmyIndia IPO GMP is ₹700 as of today.
What is the MapmyIndia IPO Opening Date?
MapmyIndia IPO Opening date is 09 December 2021.
What is the MapmyIndia IPO Closing Date?
MapmyIndia IPO Closing date is 13 December 2021.
What is the MapmyIndia IPO Listing Date?
MapmyIndia IPO Date is 21 December 2021.
What is MapmyIndia IPO Kostak Rate?
MapmyIndia IPO Kostak rate is ₹850.
What is MapmyIndia IPO Expected Returns?
MapmyIndia IPO Expected Returns is 70%.
Read More:
For other important information related to the stock market and Grey Market Premium, Kostak rate, you can click on the links given below.
How to Apply the MapmyIndia Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "MapmyIndia Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
Disclaimer
- We are not involved in grey market trading in any way. And do not provide the facility to buy or sell IPO form of any IPOs.
- Reference to IPO Gray Market Premium (IPO GMP) is valid only for the date specified in the header, we are not involved in the buy or sell of IPO form.
- Do not decide to subscribe to an IPO solely on the basis of GMP (Grey market premium), as this may change at any time prior to listing. Do research about the fundamentals and financial details of companies before subscribing.
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