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MapmyIndia makes a strong debut, lists at 53% premium over issue price.


MapmyIndia share price: Shares of digital mapping company C.E. Info Systems (MapmyIndia) debuted on a strong note and got listed at a premium of 53 per cent from their issue price in the stock exchanges today.

The scrip got listed at Rs 1581.00 apiece on the BSE, thereby registering a gain of 53.05 per cent from its offer price of Rs 1,033.00, while on the National Stock Exchange (NSE), it opened at Rs 1,565.00, up 51.50 per cent from the issue price. The stock inched a tad higher from its opening levels and within minutes touched a high of Rs 1586.85 on BSE and Rs 1,590.00 on NSE. However, it gave up some of its gains a little later. At 10:10 am, the scrip was trading at Rs 1388.35 on the BSE, up 34.40 per cent from the issue price while on NSE it was at Rs 1,375.50, up 33.16 per cent. The market capitalisation stood at Rs 7,391.99 crore, data from the BSE showed.

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