MapmyIndia IPO Shares Allotment: Know date, check status online directly by BSE link

MapmyIndia IPO: The initial public offer (IPO) of CE Info Systems Ltd, the parent of digital mapping company MapmyIndia, garnered strong investor response and was subscribed a whopping 154.71 times on the last day of subscription.

The MapmyIndia IPO shares allotment finalisation is likely to place on 16th December.

Here is direct BSE link and step by step guide to know MapmyIndia IPO Shares Allotment status online:-

Step 1- Login at BSE link — bseindia.com/investors/appli_check.aspx
 
Step 2- Select MapmyIndia IPO
 
Step 3- Enter your MapmyIndia IPO application number
 
Step 4- Enter your PAN card details
 
Step 5 - Click at 'I'm not a robot'
 
Step 6 - Click at 'Submit' button
 
You will get to know the MapmyIndia IPO shares allotment status of your application

MapmyIndia IPO

-The IPO received bids for over 108.98 crore shares against over 70.44 lakh shares on offer, as per an update on the NSE.

-The non-institutional investors category was subscribed 424.69 times, while Qualified Institutional Buyers (QIBs) portion received 196.36 times subscription and Retail Individual Investors (RIIs) 15.20 times.

- The initial public offer (IPO) of up to 1,00,63,945 equity shares had a price range of Rs 1,000-1,033 per share.

- The company mopped up Rs 312 crore from anchor investors on Wednesday.

- Axis Capital Limited, JM Financial Limited, Kotak Mahindra Capital Company Ltd and DAM Capital Advisors Ltd were the managers to the offer.

MapmyIndia

- Popularly known through its brand MapmyIndia, the company is backed by global wireless technologies company Qualcomm and Japanese digital mapping firm Zenrin.

- The company provides advanced digital maps, geospatial software and location-based IoT technologies and among others, it powers Apple maps.