MapmyIndia (C.E. Info Systems Ltd) IPO

MapmyIndia (C.E. Info Systems Ltd) is India’s leading provider of advanced digital maps, geospatial software, and location-based IoT technologies. It 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). It 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.

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The digital maps offered by the company cover 6.29 million kilometres of roads in India, representing 98.50% of India’s road network which was 6.39 million kilometres as of March 31, 2019. The digital map data provides location, navigation, analytics, and other information for 7,933 towns, 6,37,472 villages, 17.79 million places across many categories such as restaurants, retail shops, malls, ATMs, hotels, police stations, electric vehicle charging stations, etc., serving large businesses across industry segments such as BFSI, telecom, FMCG, industrials, logistics and transportation, and key government organizations. The entire public offer of MapmyIndia comprises an offer for sale of 75,47,959 crore equity shares from the existing shareholders. Read more

Check out some recent financials figures of the company:

How do I apply for the MapmyIndia (C.E. Info Systems Ltd) IPO?

You can apply for the MapmyIndia (C.E. Info Systems Ltd) IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.