MapMyIndia IPO Allotment Status, GMP Today, Share Price, How to check

On 9th December, the preliminary public offering of CE Info Systems, the parent organization of MapmyIndia, might be available for subscription for 1,040 Crores MapmyIndia IPO. The organization has set a price range of Rs. 1,000 to 1,033 per share capital. The first three-day share offering begins on 9 December and ends on 13 December. MapmyIndia sells products, platforms, application programming interfaces (APIs), and answers in numerous digital map data, software, and IoT categories for the Indian market below the brand name (MapmyIndia) and the world market below the name.

MapmyIndia IPO

Now, the MapmyIndia India Pvt Limited is finalizing its IPO, which can be verified online through the official BSE portal or the Registrar portal. Here we have updated all the details like IPO award date, share price, bids received and Gray Market Premium (GMP) etc. You can check all the details with the analysis provided below.

MapmyIndia IPO Allotment Status

Subscription Dates 9 December 2022 To 13 December 2022
Value Band INR 1,000 To 1,033
Contemporary Issue Nil
Supply Available 10,063,945 shares (INR1,006.39 – 1,039.61 crore)
Total IPO size 10,063,945 shares (INR1,006.39 – 1,039.61 crore)
Minimum Bid (Lot Size) 14 shares (INR14,462)
Face price INR2 per share
Retail Allocation 35%
Listing On NSE and BSE

About MapmyIndia

MapmyIndia is one of the leading providers of advanced digital maps, space software and location-based IoT technologies in India.

The corporation is a technology and data product and platform corporation that offers proprietary virtual maps as a service (MaaS) and software as a service (SaaS). and Platform as a Service (PaaS).

The organization offers products, platforms, application programming interfaces (APIs), and answers for a huge kind of virtual map data, software, and IoT for the Indian market below the brand name (MapmyIndia).

MapMyIndia IPO

The virtual maps offered by the corporation cover 6.29 million km of Indian roads, that is 98.50% of the Indian road network.

The company’s virtual map data presents location, navigation, analysis, and different details for 7,933 cities, 6,37,472 villages, 17.79 million places in many categories, such as

  • Restaurants
  • Retail Stores
  • Shopping Malls
  • ATMS
  • Hotels
  • Police Stations
  • Charging Stations For Electric Vehicles, etc.

Also addresses of houses or buildings from 14.51 million to over 400 million georeferenced 360-degree photos, videos, and the panoramas throughout the India.

The organization serves the BFSI, telecommunications, FMCG, industrial, logistics and shipping sectors.

MapymyIndia has additionally entered into diverse MoUs with key government organizations together with the

  • Indian Space Research Organization (ISRO)
  • NITI Aayog
  • National Electronic Governance Division
  • Ministry of Electronics and Technology information
  • Indian government.

Some of the company’s customers include Phonepe, Flipkart, Yulu, HDFC Bank, Airtel and Hyundai. Subscription of the fees, royalties and annual payments contributed to more than 90% of the Company’s revenues for the tax of 2022.

MapmyIndia IPO GMP

The Gray Market Premium (GMP) is the unofficial marketplace demand for a stock indexed at the Indian stock exchanges, the BSE, and the NSE.

The MapmyIndia gray stock market came out with a premium of around Rs. 800.

Market Lot Details

Minimum Lot Size     14 Shares 
Maximum Lot Size  182 Shares 
Minimum Worth Rs. 14,462 
Maximum Worth Rs. 188,006 

MapmyIndia’s IPO, which powers Apple Maps, is completely a proposal to promote by current 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 different shareholders could additionally have 17.41 Lakh shares.

Competitive Strengths

1.     Digital mapping pioneers in India with an edge for early adopters Companies with strong data governance.

2.     Prestigious clients in all sectors with strong relationships.

3.     Profitable and Consistent Financial History

IPO Timetable and Price Band 

Opening Date    9 December 2022 
Closing Date  13 December 2022 
Date of Allotment  16 December 2022 
Refund Date    17 December 2022 
Share Credit Date  20 December 2022 
Listing Date    21 December 2022 
IPO Size    Rs. 1,040 Crores (Approx.)
Sale Offer  10,063,945 equity shares (Approx.)
Face Value  Rs. 2 per equity share 
Price Band  Rs. 1,000 to Rs. 1,033 per share 
Websites  BSE and NSE 
QIB Quota  50% 
Retail Quota  35% 
NII Quota  15% 

How to check the MapmyIndia IPO Allotment Status

Here are the process to check the IPO attribution of MapmyIndia in online mode.

  1. First of all, visit to the MapmyIndia’s IPO Award Status on the BSE website, NSE website, or IPO Registrar website for more details. 
  2. After that, click on the green MapmyIndia IPO Allotment Status button. 
  3. Then, to verify the status of MapmyIndia’s IPO assignment, use your Demat account PAN number, application number, or DP client ID. 
  4. After completing all of the above steps, lastly click on the search button to go on the next page, where the status of the MapmyIndia IPO award will be displayed.

You can also check the status of your MapmyIndia IPO on the BSE web portal.

You can go through the link we have given here that is-

  1. First of all, select the “Equity” from the Issue type drop-down list when the website opens.
  2. After that, in the “Problem name” drop-down list, choose the option “MapmyIndia”.
  3. Now, the request number and the PAN are the next two type of detail you need to enter there.
  4. So, after entering all the entries, you will have to prove that you are not robot by typing the captcha that appears on the screen.
  5. And lastly, click the Submit button at the bottom of the site after completing all of the steps to proceed towards the next page, which will display the status of MapmyIndia’s IPO award.

You can apply for MapmyIndia IPO using the ASBA from your bank account. Another alternative is to apply for MapmyIndia’s IPO using the IPO forms provided by BSE and NSE.

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