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.
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.
| IPO Opening Date | Dec 9, 2021 |
|---|---|
| IPO Closing Date | Dec 9, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹1000 to ₹1033 per equity share |
| Market Lot | 14 Shares |
| Min Orher Quantity | 14 Shares |
| Listing At | BSE, NSE |
| Issue Size | 10,063,945 Eq Shares of ₹2 (aggregating up to ₹1,039.61 Cr)) |
| Offer for Sale | 10,063,945 Eq Shares of ₹2 (aggregating up to ₹1,039.61 Cr) |
| QIB Shares Offered | Not more than 50% of the offer |
| Retail Shares Offered | Not less than 35% of the offer |
| NII (HNI) Shares Offered | Not less than 15% of the offer |
The MapmyIndia IPO open date is Dec 9, 2021, and the close date is Dec 13, 2021. The issue may list on Dec 21, 2021.
| IPO Open Date | Dec 9, 2021 |
|---|---|
| IPO Close Date | Dec 13, 2021 |
| Basis of Allotment Date | Dec 16, 2021 |
| Initiation of Refunds | Dec 17, 2021 |
| Credit of Shares to Demat Account | Dec 20, 2021 |
| IPO Listing Date | Dec 21, 2021 |
MapmyIndia IPO is a main-board IPO of 10,063,945 equity shares of the face value of ₹2 aggregating up to ₹1,039.61 Crores. The issue is priced at ₹1000 to ₹1033 per equity share. The minimum order quantity is 14 Shares.
The IPO opens on Dec 9, 2021, and closes on Dec 13, 2021.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The MapmyIndia IPO opens on Dec 9, 2021 and closes on Dec 13, 2021.
MapmyIndia IPO lot size is 14 Shares and the minimum order quantity is 14 Shares.
You can apply in MapmyIndia IPO online using either UPI or ASBA as 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.
The finalization of Basis of Allotment for MapmyIndia IPO will be done on Dec 16, 2021, and the allotted shares will be credited to your demat account by Dec 20, 2021.
Check the IPO allotment status
The MapmyIndia IPO listing date is not yet announced. The tentative date of MapmyIndia IPO listing is Dec 21, 2021.
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