MapmyIndia IPO share allotment status Online: Check GMP too

The initial public offering (IPO) of MapmyIndia has garnered strong response from investors on its last day of subscription. The digital mapping company MapmyIndia, was subscribed 154.71 times on Monday. The company is backed by global wireless technologies company Qualcomm and Japanese digital mapping company Zenrin. MapmyIndia IPO share allotment status will now be on the minds of investors. And, above all they would want to know about the MapmyIndia IPO GMP or grey market premium.

MapmyIndia received subscriptions for over 108.98 crore shares against over 70.44 lakh shares on offer. The retail investors were subscribed for 15.20 times the allotted quota while the non-institutional investors booked 424.69 times the reserved portion. The qualified institutional buyers bid 196.36 times. The company mopped up around ₹312 crore from anchor investors on Wednesday.

The IPO of up to 1,00,63,945 equity shares had a price range of ₹1,000-1,033 per share and had opened on December 9. Significantly, MapmyIndia IPO GMP is hovering around the Rs 1,040 mark, according to market sources. That spells god news for investors,

MapmyIndia IPO share allotment status is likely to be finalised on December 16, 2021, while the listing will be done on December 21, 2021. The IPO allotment status will be made available on BSE official website or the registrar of the IPO, Link Intime India Private Ltd. 

The company has already mopped 3.12 billion rupees at the upper end of the 1,000-1,033 rupee price range, from anchor investors including Fidelity, Nomura and Goldman Sachs.

How to check MapyIndia IPO share allotment status via BSE:

1: You will need to log in to the BSE website, which is bseindia.com or you can click on this direct link - https://www.bseindia.com/investors/appli_check.aspx.

2: Following that, click on MapmyIndia IPO in the menu. (Available only after the allotment status will be finalised and declared.)

3: Then, enter your application number allotted for MapmyIndia IPO and your Permanent Account Number (PAN card number).

4: Now, confirm the captcha by checking the 'I'm not a robot' box.

5: Finally tap the ‘Submit’ button.

6: You will be able to see the final allotment status of MapmyIndia IPO.

How to check MapmyIndia IPO share allotment status via Link Intime:

Step 1: Visit the official website of Link Intime or click on the link mentioned here- https://linkintime.co.in/MIPO/Ipoallotment.html .

Step 2: Then select one option among our PAN card number, Application number or DP Client ID from the top bar.

Step 3: Select the company from the drop down menu (The name of the company will be available in the option only after the allotment announcement).

Step 4: Tap search.

MapmyIndia is known for providing advanced digital maps, geospatial software and location-based IoT technologies. Among others, it is well known for powering Apple maps. The company’s IPO was offered by Axis Capital Limited, JM Financial Limited, Kotak Mahindra Capital Company Ltd and DAM Capital Advisors Ltd.