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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
The money raised through the Offer for Sale goes to existing investors, not the company.
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(₹ in Crore)
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C.E. Info Systems Limited, widely known by its consumer brand MapmyIndia (and as Mappls for international markets), is one of India's leading providers of digital maps, geospatial software and location-based IoT technologies. The company builds and maintains proprietary digital map data covering roughly 6.29 million kilometres of Indian roads, representing about 98.5% of the country's total road network, along with data spanning thousands of towns and hundreds of thousands of villages across the country. The company delivers its offerings through a combination of maps-as-a-service, software-as-a-service and platform-as-a-service models, serving large enterprise clients across sectors such as banking and financial services, telecom, FMCG, industrials, and logistics and transportation, as well as key government organizations. Its dual-brand approach uses MapmyIndia for the domestic Indian market and Mappls for international clients. As one of the pioneers of digital mapping and location technology in India, the company has built a business model centered on proprietary geospatial data assets and IoT-enabled location intelligence, giving it a differentiated position at the intersection of mapping, software and connected-device technology in a market with relatively few direct listed comparables.
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Source: RHP • Analysis provided for informational purposes
Last Updated: 20 July 2026, 5:30 AM
Market leadership in Indian digital mapping
The company is a pioneer in Indian digital mapping and geospatial technology, with proprietary map data covering nearly all of India's road network, giving it a strong first-mover position.
Diversified technology platform
Its maps-as-a-service, software-as-a-service and platform-as-a-service offerings, combined with a dual-brand domestic and international strategy, let it serve a broad range of enterprise and government clients.
Margin sustainability
Profitability improved sharply from FY21 onward after more modest performance in the prior two years, raising questions about whether these elevated margins can be sustained.
Aggressive valuation
The issue was priced at a high multiple of earnings relative to its financial track record, leaving limited room for error if growth or margins moderate.
CE INFO Systems Limited
Company contact details are not available.
MUFG Intime India Private Limited
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