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Chip major Qualcomm to book 20X returns in MapmyIndia's Rs 1,040-cr IPO

The price band for the offer has been fixed at Rs 1,000 - Rs 1,033 per equity share

Topics
Qualcomm | IPO

Deepsekhar Choudhury  |  Bengaluru 



Qualcomm

With early investor exiting its entire 5 per cent stake in digital mapping company MapmyIndia as part of its IPO, the semiconductor major is expected to book a return of almost 20X over the weighted average cost of Rs 52 per share of its current holdings. had first invested in MapmyIndia about 13 years ago.

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First Published: Mon, December 06 2021. 14:39 IST

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