On second day of offer, MapmyIndia receives 6.2 times subscription

The initial public offering (IPO) of CE Info Systems (MapmyIndia) was subscribed 6.2 times. Retail investors subscribed 7.2 times , while the part reserved for wealthy investors was subscribed 6.3 times.

The qualified institutional buyers' portion was subscribed 4.32 times. The company has priced its IPO between Rs 1,000 - 1,033 per share.