MapMyIndia IPO subscribed 2.02 times on Day 1

MapMyIndia is selling shares for 1,000-1,033 apiece to raise as much as Rs 1,039.6 crore at a valuation of Rs 5,500 crore. The IPO, a pure offer for sale, will see investors and promoters offload up to 10,063,945 shares.

from Tech-Economic Times https://ift.tt/3DJbpeh