CE Info Systems (MapMyIndia) has debuted at Rs 1,581.00 on the BSE, up by 548.00 points or 53.05% from its issue price of Rs 1033.
The scrip is currently trading at Rs 1380.00, up by 347.00 points or 33.59% from its issue price. It has touched a high and low of Rs 1586.85 and Rs 1362.00 respectively. So far 4.50 lakh shares were traded on the counter.
The offering, which was open for subscription between December 9, 2021 and December 13, 2021, was subscribed whooping 154.7 times on the final day. The issue price was fixed at Rs 1033 per share i.e. at upper end of price band of Rs 1000-1033 apiece.
CE Info Systems is a 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). It is India’s leading provider of advanced digital maps, geospatial software and location-based IoT technologies.