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Subscribe to C.E. Info systems: Arihant Capital

Arihant Capital has come out with its report on C.E. Info systems. The research firm has recommended to ''Subscribe'' the ipo in its research report as on December 08, 2021.

December 08, 2021 / 02:35 PM IST
 
 
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Arihant Capital IPO report on C.E. Info systems


C.E. Info systems Ltd. (CEIS) 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”). CEIS is a pioneer, and a market leader in the digital mapping industry in India, and is India’s leading provider of advanced digital maps, geospatial software and location-based Internet of Things (“IoT”) technologies. CEIS provides products, platforms, application programming interfaces (“APIs”) and solutions across a range of digital map data, software and IoT for the Indian market under the ‘MapmyIndia’ brand, and for the international market under the ‘Mappls’ brand.



Valuation and Outlook


The company has strong fundamentals, and it’s profitability is expected to inch up going further. Hence, we recommend that investors Subscribe to the issue for the long term.

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