HomeNewsBusinessDecoding MapMyIndia's IPO in 5 charts

Decoding MapMyIndia's IPO in 5 charts

MapMyIndia, founded in 1992 by Rakesh and Rashmi Verma, is one of the few profitable internet companies that are going for IPO.

September 02, 2021 / 11:13 IST
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Several Indian startups have had made their stock market debuts in 2021, and many more are working towards it.
Several Indian startups have had made their stock market debuts in 2021, and many more are working towards it.

New Delhi-based digital map maker MapMyIndia filed DRHP documents on August 31.  Amid the internet IPO frenzy, the company - one of the few profitable internet companies and probably one of the oldest - had its IPO plan gone under the radar.

Though the company did not disclose details of the IPO size, Moneycontrol earlier reported that the company is targeting Rs 1,200 crore IPO.

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MapMyIndia financials for the last three years. It is one of the few internet companies that are profitable.

Majority shareholders of MapMyIndia