C.E. Info systems Limited IPO is all set to make its debut on the stock market with an issue size of 1039.61 cr. Mapmy India is a leading provider of advanced digital maps, geospatial software and location-based IoT technologies in India is all
C.E. Info systems Limited IPO Overview
| C.E. Info systems Limited Issue Date | 9 – 13 December 2021 |
| C.E. Info systems Limited IPO Opening Date | 9 December 2021 |
| C.E. Info systems Limited IPO Face Value | INR 2 per share |
| C.E. Info systems Limited IPO Price | INR 1033 per share |
| C.E. Info systems Limited IPO Lot Size | 14 Shares |
| Issue Size | 1039.61 cr |
| Offer for sale | 1,039.61 Cr |
| Issue Type | Book built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 50% of the net offer |
| NII (HNI) Shares Offered | Not less than 15% of the offer |
| Retail Shares Offered | Not less than 35% of the offer |
| Company Promoters | Rakesh Kumar Verma And Rashmi Verma are the company promoters. |
C.E. Info systems Limited IPO Tentative Dates
| C.E. Info systems Limited IPO opening date | 9 December 2021 |
| C.E. Info systems Limited IPO closing date | 13 December 2021 |
| Basis of Allotment | 16 December 2021 |
| Initiation of Refunds | 17 December 2021 |
| Credit of Shares to Demat | 20 December 2021 |
| C.E. Info systems Limited IPO Listing Date | 21 December 2021 |
C.E. Info systems Limited Industry Overview
India’s information and communication technology (“ICT”) sector contributes more than 8% to the GDP in 2020 and is expected to reach 13% by 2030, driven by growth in its leading sub sectors like IT services, fintech, cyber security and e-commerce. It is valued at USD 180 billion (INR13.3 trillion) in 2020 and is projected to reach USD 360 billion (INR 26 trillion) by 2025. The most important theme in the modern-day growth of the economy is that of Digital Transformation across industries and it forms the cornerstone of the growth of digital maps and location-based industry as well. Digital, in today’s world, includes business-enablement via the utilization of advanced technologies as opposed to a conventional IT-enablement process. In a constantly evolving environment, what was digital a few years back has become a part of legacy technologies today, with the frontier of digital technologies evolving and upgrading constantly.
It is projected that across the world, spending on IoT-related software and hardware will grow rapidly, from USD 726billion (INR 53.87 trillion) in 2019 to USD 1 trillion (INR 74.2 trillion) in 2023. It was reported that in 2019, Asia Pacific accounted for the maximum share in spending on IoT, out of which India spent USD 20.6 billion (INR 1.53 trillion).
C.E. Info systems Limited Company Overview
The company serves the BFSI, telecom, FMCG, industrials, logistics, and transportation sectors. MapymyIndia has also entered various memorandums of understanding with key government organizations such as the Indian Space Research Organization (ISRO), NITI Aayog, National governance Division, Ministry of Electronics and Information Technology, and Government of India. Some of the company’s customers include Phone Pe, 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.
We are 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”). As per the F&S Report, we are India’s leading provider of advanced digital maps, geospatial software, and location based IoT technologies. Having pioneered digital mapping in India in 1995, we have earned our market leadership position in this industry and built a strong moat by capitalizing on our early mover advantage, developing proprietary and integrated technologies, full-stack product offerings, continuous innovation, and robust sustainable business model.
C.E. Info systems Limited IPO-Objectives
- To carry out the Offer for Sale of up to 7,547,959 Equity Shares aggregating up to Inr million by the Selling Shareholders.
- Achieve the benefits of listing Equity Shares on the Stock Exchanges.
C.E. Info systems limited Financial Statements
Summary of financial Information (Restated Consolidated)
| Particulars | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 17,464.94 | 15,656.58 | 13,486.96 | 9,587.11 |
| Total Revenue | 18,908.99 | 30,908.14 | 28,878.87 | 22,849.40 |
| Profit After Tax | 663.67 | 631.11 | 17.94 | 119.22 |
C.E. Info systems limited IPO Strengths
- Independent, global geospatial products and platforms.
- Marquee customers across sectors.
C.E. Info systems limited IPO Weakness
- Strong competition from global brands.
Company Contact Information
C.E. Info systems limited
First, Second, & Third Floor,
Plot. No. 237, Okhla Industrial Estate,
Phase- III, New Delhi 110 020, India
Phone: +91 11 4600 9900
Email: cs@mapmyindia.com
Website: https://www.mapmyindia.com/
MapmyIndia IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ceinfo@linkintime.co.in
Website: https://linkintime.co.in/
MapmyIndia IPO Lead Manager(s)
- Axis Capital Limited
- DAM Capital Advisors Ltd
- JM Financial Limited
- Kotak Mahindra Capital Company Limited
