C.E. Info Systems Ltd Share Price

Description

• The company was originally incorporated as C.E. Info Systems Private Limited at New Delhi on 17 February 1995.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 07 July 2021 and the name of the company was changed to C.E. Info Systems Limited on 12 July 2021. The company,popularly known as MapmyIndia, is engaged in providing digital map data,GPS navigation and location-based services,licensing,royalty,annuity,subscription and customizing its products and services to customers. Pursuant to resolutions passed by the Board and the Shareholders in the meetings held on 27 July 2021 and 29 July 2021 respectively,the company has sub-divided its face value of equity shares from Rs 10 each to Rs 2 each. On 07 October 2021,the company has issued and allotted 13310742 equity shares of Rs 2 each as bonus shares to the shareholders in the ratio of 1:3. The company cameout with an Rs 1039.60-crore public issue which comprised entirely an offer for sale(OFS) by promoter and selling investors.The IPO shares were allotted at the price of Rs 1033 per share including a premium of Rs 1031 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 21 December 2021.

• The company was originally incorporated as C.E. Info Systems Private Limited at New Delhi on 17 February 1995.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 07 July 2021 and the name of the company was changed to C.E. Info Systems Limited on 12 July 2021. The company,popularly known as MapmyIndia, is engaged in providing digital map data,GPS navigation and location-based services,licensing,royalty,annuity,subscription and customizing its products and services to customers. Pursuant to resolutions passed by the Board and the Shareholders in the meetings held on 27 July 2021 and 29 July 2021 respectively,the company has sub-divided its face value of equity shares from Rs 10 each to Rs 2 each. On 07 October 2021,the company has issued and allotted 13310742 equity shares of Rs 2 each as bonus shares to the shareholders in the ratio of 1:3. The company cameout with an Rs 1039.60-crore public issue which comprised entirely an offer for sale(OFS) by promoter and selling investors.The IPO shares were allotted at the price of Rs 1033 per share including a premium of Rs 1031 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 21 December 2021.