MapmyIndia IPO: What GMP signals day after allotment

MapmyIndia IPO's GMP remains positive a day after the share allotment was finalised. As the situation stands, the company is headed for a strong stock market debut on December 21.

The share allotment of MapmyIndia (CE Info Systems), a leading provider of advanced digital maps, geospatial software and location-based IoT technologies, has been finalised and the shares of the company will be listed on December 21, 2021.

The share allotment was finalised on December 16 and shares will be credited to the demat accounts of eligible investors just a day ahead of the market listing.