C.E. Info Systems Limited IPO Open on Dec 9 [MapmyIndia IPO] Details

C.E. Info Systems Limited (MapmyIndia) IPO opens on 09-Dec-2021 and it will close on 13-Dec-2021 as per the Red Herring Prospectus (RHP). MapMyIndia sets IPO price band at Rs 1000-1033, issue to open on Thursday

About the C.E. Info Systems Limited

The Company was originally incorporated as ‘C.E. Info Systems Private Limited’ at New Delhi as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated February 17, 1995 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana at New Delhi (the “RoC”). The Company was converted from a private limited company to a public limited company pursuant to a special resolution passed by The Shareholders at the EGM held on July 7, 2021 and the name of The Company was changed to ‘C.E. Info Systems Limited’. Consequently, a fresh certificate of incorporation dated July 12, 2021 was issued by the RoC.

---

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”). India’s leading provider of advanced digital maps, geospatial software and location-based IoT technologies

Competitive Strengths

• B2B and B2B2C market leader in India with a comprehensive suite of SaaS, PaaS and MaaS offerings capitalizing on early mover advantage

• Independent, global geospatial products and platforms company, with strong data governance

• Market position built around proprietary technology and network effect resulting in strong entry barriers

---

C.E. Info Systems IPO – Promoters

RAKESH KUMAR VERMA AND RASHMI VERMA

---

COMPANY FINANCIALS

Summary of Restated Consolidated Financial Information

For the year/period ended ( ₹ in millions)

Particulars
	31-Mar-21	31-Mar-20	31-Mar-19
Total Revenue	1,922.74	1,634.78	1,633.35
Profit After Tax	594.33	231.95	335.66
Total Assets	4,268.56	3,578.26	3,392.59

Total Revenue : 1,689.03 30-Sep-21

Profit After Tax (PAT): 467.66 30-Sep-21

Total Assets: 4,659.58 30-Sep-21

---

IPO Date and Price Band

Issue Open Date	09 December 2021
Issue Close Date	13 December 2021
Issue Type	Book Built Issue
Face Value	₹ 2 per equity share
IPO/Issue Price	₹ 1000 to ₹ 1033 per equity share
Market Lot	14 Shares
Min Order Quantity	14 Shares
Listing At	BSE, NSE

---

IPO/ Issue Time Line [Tentative]

---

C.E. Info Systems IPO Prospectus (RHP)

---

C.E. Info Systems IPO FAQs

Also, read other articles @ EduTaxTuber