C.E. Info Systems was incorporated on February 17, 1995. The company is a data and technology products and platforms company, offering proprietary digital maps as a service, software as a service and platform as a service. The company provides products, platforms, application programming interfaces and solutions across a range of digital map data, software and IoT for the Indian market under MapmyIndia brand, and for the international market under the Mappls brand.
| Bidding Dates |
|---|
| 09 Dec 2021 - 13 Dec 2021 |
| Subscription |
|---|
| 154.71x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,462 | 1 | 13 | 14 | 10.1 M | ₹1000 - ₹1033 | 81.1 % | ₹10063.9 M - ₹10396.1 M | RHP DOC |
C.E. Info Systems IPO SUBSCRIPTION STATUS
13 Dec '21C.E. Info Systems IPO overall subscription rate was 154.71 times the total available shares
C.E. Info Systems IPO retail subscription rate was 15.2 times in the retail segment
C.E. Info Systems IPO non-institutional investor subscription rate was 424.69 times in the non-institutional investor category
C.E. Info Systems IPO Qualified Institutional Bidder subscription rate was 196.36 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
13 Dec 2021 (Day 3) | 15.2x | 424.69x | 196.36x |
10 Dec 2021 (Day 2) | 7.17x | 6.27x | 4.32x |
09 Dec 2021 (Day 1) | 3.28x | 1.17x | 0.46x |
C.E. Info Systems FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY22 | 467.7 | 1,000.3 | 179.5 | 165.9 | 46.00% |
| H1FY21 | 178.6 | 551.8 | 272.8 | 261.6 | 25.0% |
| FY21 | 594.3 | 1,524.6 | 832.8 | 810.6 | 35.0% |
| FY20 | 232.0 | 1,486.3 | 267.3 | 213.3 | 25.0% |
| FY19 | 335.7 | 1,352.6 | 268.1 | 234.8 | 29.0% |
C.E. Info Systems IPO SUBSCRIPTION STATUS DETAILS
C.E. Info Systems had 10.1 M shares on offer
C.E. Info Systems IPO offer price was in the range ₹1000 - ₹1033
C.E. Info Systems IPO minimum Investment was ₹14462
C.E. Info Systems IPO issue size was ₹ 10063.9 M - ₹ 10396.1 M
C.E. Info Systems had a minimum lot size of 14 Shares per application
C.E. Info Systems NUMBER OF SHARES ON OFFER
C.E. Info Systems IPO IMPORTANT DATES
| Issue Open Date | 09 Dec 2021 |
| Issue close Date | 13 Dec 2021 |
| Allotment Date | 16 Dec 2021 |
| Refund Date | 17 Dec 2021 |
| Demat Account Credit Date | 20 Dec 2021 |
| Listing Date | 21 Dec 2021 |
| Listing on Exchange(s) | NSE and BSE |
| C.E. Info Systems Allotment Status | Exchange |
C.E. Info Systems IPO subscription opened on 09 Dec 2021, and closed on 13 Dec 2021
IPO allotment for C.E. Info Systems was finalized on Thursday, 16 Dec 2021
IPO listing for C.E. Info Systems was on NSE and BSE on Tuesday, 21 Dec 2021
C.E. Info Systems IPO LISTING GAINS
| Issue Price (adjusted) | 1033.0 |
| Listing Open Price | 1581.0 |
| Listing Close Price | 1394.5 |
| Listing Gain% | 53.0% |
| Current Gain% | -1.8% |
C.E. Info Systems Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| C.E. Info Systems Ltd. | 1014.3 | 5400.4 | 40.3 | -3.2 | 11.3 | 14.8 | 12.9 | 526.5 | 2.1 | 134.2 | -8.9 | 25.2 | -12.5 |
| One97 Communications Ltd. | 1441.6 | 92425.7 | 142.2 | 1.2 | 10.3 | 3.4 | 2.3 | 9291 | 21.9 | 553 | 184 | 10.1 | 114.7 |
| PB Fintech Ltd. | 1604.5 | 74239.4 | 99.2 | 1 | 10.1 | 9.2 | 7.7 | 7166.4 | 33.1 | 669.9 | 89.8 | 16.2 | 98.3 |
| Affle 3I Ltd. | 1645.6 | 23183.1 | 48.5 | 2.5 | 8.2 | 12.4 | 10.3 | 2787.6 | 18.1 | 454.9 | 19.1 | 33.9 | 19.2 |
| Pine Labs Ltd. | 154.4 | 17820.2 | 140 | 0.7 | 6.3 | 1.9 | 0.8 | 2847.2 | 22.3 | 112.5 | 177.3 | 1.1 | 212.8 |
| Fractal Analytics Ltd. | 817.7 | 14061.6 | 42.8 | 4.1 | 9.2 | 6.6 | 3362.6 | 19.4 | 292.2 | 31 | 19.1 |
C.E. Info Systems INFORMATION ON IPO ISSUE
About C.E. Info Systems
C.E. Info Systems was incorporated on February 17, 1995. The company is a data and technology products and platforms company, offering proprietary digital maps as a service, software as a service and platform as a service. The company provides products, platforms, application programming interfaces and solutions across a range of digital map data, software and IoT for the Indian market under MapmyIndia brand, and for the international market under the Mappls brand.
Object of the Issue
1. 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.
C.E. Info Systems - PROMOTERS
| Name |
|---|
| Rakesh Kumar Verma |
| Rashmi Verma |
C.E. Info Systems Book Running Lead Managers
Axis Capital Limited
mapmyindia@axiscap.in
JM Financial Limited
mapmyindia.ipo@jmfl.com
Kotak Mahindra Capital Company Limited
mapmyindia.ipo@kotak.com
DAM Capital Advisors Limited
ceisl.ipo@damcapital.in
C.E. Info Systems Registrar to the Offer
Link Intime India Private Limited
ceinfo@linkintime.co.in
C.E. Info Systems Strengths
Pioneers
Pioneers of digital mapping in India having an early mover advantage
Leading the B2B and B2B2C market
Leading the B2B and B2B2C market for digital maps and location intelligence in India
Proprietary technology
Proprietary technology and network effect resulting in a competitive edge
Independent product and platforms
Independent, global geospatial products and platforms company with strong data governance
Prestigious customers
Prestigious customers across sectors with strong relationships
C.E. Info Systems Risks
Dependent on trends
The company is dependent on trends in the sectors where enterprise customers operate
Dependent on sector
A part of the company's business is dependent on the performance of the automotive sector
Research oriented company
The company is highly research and development-oriented
IPO FAQs
This IPO consists of an offer for sale of up to Rs 1,039.6 crore, of 10,063,945 shares.
The promoters of the company are Rakesh Kumar Verma and Rashmi Verma.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 1000.0 - 1033.0.
The IPO application opens on Dec 09, 2021 and closes on Dec 13, 2021.
The minimum lot size for the IPO is 14. The maximum lot size for the IPO is 182.
For all category investors, the minimum application amount for this IPO is Rs. 14,462.0, the maximum value for this IPO is Rs 188,006.0.
This IPO will be allotted on Dec 16, 2021.
The refund will be credited to your account on Dec 17, 2021.
The allotted shares will be credited to your demat on Dec 20, 2021.
C.E. Info Systems Ltd.’s shares listed on the stock exchanges on Dec 21, 2021.