MapmyIndia IPO Opens: Price Band, GMP, IPO Dates And Other Details Here

C.E. Info Systems', the parent of MapmyIndia, share sale through initial public offering (IPO) opened for subscription on Thursday, December 9 and was subscribed over 50 per cent within a few hours of opening. The company is planning to raise Rs 1,040 crore from the IPO which is purely an offer for sale. Its investors Rashmi Verma, Qualcomm Asia Pacific and Zenrin Co. Ltd are selling shares in the IPO..The company has fixed price band of Rs 1,000-1033 per share and a retail investor can bid for minimum one lot of 14 shares up to maximum of 13 lots. One lot of MapmyIndia shares will cost Rs 14,462 at the upper range of the price band..The IPO will close on December 13 and shares are expected to list on December 21..Here are details of MapmyIndia IPO:.table.tble_wrap1 { border-top: solid 1px #ccc; border-left: solid 1px #ccc; font-size: 16px; } table.tble_wrap1 th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; line-height:24px; } table.tble_wrap1 td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } .scroll { margin: 0px 0px 10px; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table.tble_wrap1, thead, tbody, th, td, tr { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table.tble_wrap1, thead, tbody, th, td, tr { font-size: 14px; } table.tble_wrap1 th { padding: 5px; } table.tble_wrap1 td { padding: 5px; } .scroll { overflow: auto; -webkit-overflow-scrolling: touch; } . IPO Price Band Rs 1,000-1,033 Per Share IPO Dates December 9-13 Market Lot 14 Shares IPO Size Rs 1,040 Crore Fresh Issue - Offer For Sale Rs 1,040 Crore .50 per cent of the IPO is reserved for qualified institutional buyers, 35 per cent for retail investors and 15 per cent for non-institutional investors and high net worth individuals..MapmyIndia is a 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)..Some of the company's customers include PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyundai.

MapmyIndia IPO Opens: Price Band, GMP, IPO Dates And Other Details Here

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