MapmyIndia is an Indian technology company that builds digital map data, telematics services, location-based SaaS and GIS AI technologies. The company was founded in 1995 and is headquartered at New Delhi with regional offices in Mumbai and Bengaluru and smaller offices across India. It also has international offices in the San Francisco Bay Area and Tokyo.

The company's navigation and location services are primarily used by vehicle manufacturers (cars, bikes, commercial vehicles, electric vehicles) and it has 95% market share on GPS navigation in India. MapmyIndia's cloud mapping services are also used by many developers and tech companies in India such as PhonePe, Paytm, Amazon, Alexa voice, Flipkart, Uber, Ola, Grofers, etc for planning, operations and customer experience

Objects of the Issue:

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.

Company Financials:



MapmyIndia IPO Details



MapmyIndia IPO Tentative Timetable

The MapmyIndia IPO open date is Dec 9, 2021, and the close date is Dec 13, 2021. The issue may list on Dec 21, 2021.



MapmyIndia IPO Lot Size

The MapmyIndia IPO market lot size is 14 shares. A retail-individual investor can apply for up to 13 lots (182 shares or ₹188,006).

MapmyIndia IPO Promoter Holding

• Pre-Issue Share Holding - 61.71%
• Post-Issue Share Holding - 53.73%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.