Have you applied for MapmyIndia’s IPO? Here’s how to check if you’ve been allotted shares
Dec 16, 2021, 06:30 IST
- CE Info Systems a.k.a MapmyIndia is likely to announce its share allotment status today.
- Shares of the company are demanding a huge premium in the grey market at ₹1.050 per share.
- The IPO of the company received great response from investors as it was subscribed 154.71 times on the last day of bidding.
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CE Info Systems — the parent company of MapmyIndia is likely to announce the allotment status of its initial public offering (IPO) today, December 16.The IPO was open for subscription from December 9 to December 13. MapmyIndia has raised ₹1,039 crore. The entire offer was completely an on offer for sale (OFS) by existing shareholders of the company.
The company is one of its kind that builds digital map data, telematics services, location-based software-as-a-service (SaaS) and geographic information system (GIS) services.
MapmyIndia IPO received amazing response from investors as it got subscriptions for 154.71 times the number of shares offered in the three days of IPO bidding process. Some credit for the huge subscription numbers goes to the high grey market premium at ₹1,050 per share over its price band of ₹1,000-₹1,033.
The portion reserved for retail investors was oversubscribed by 15.20 times on the last day of the IPO bidding process.
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- Go to the BSE website or NSE website here.
- On BSE, Select 'Equity' and then from the dropdown, select ‘CE Info Systems or MapmyIndia’.
- Now, enter your application number and PAN.
- Click on 'Search'.
- Please note the details will only be available once the shares are allotted.
- Visit the registrar's website here.
- Click on 'Select company' and click on ‘CE Info Systems or MapmyIndia’.
- Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
- Enter the captcha and click ’submit’.
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