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MapMyIndia (MMI - C.E. Info Systems Ltd)

Let’s deep dive and understand what makes MMI special. A thread .........

#mapmyindia #Mapmyindiaipo #mmi

DRHP - investmentbank.kotak.com/downloads/ce-i…
1/ Key Metrics

Current Price: ₹1,675
52WH / 52WL: ₹1,777 / 1,282
P/E: 185
Book Value: ₹64.7
ROCE: ~20%
ROE: ~15%
Market Cap: ₹8,922cr
Enterprise Value: ₹ 8,879 Cr.
Debt to equity: 0.06
Sales growth 3Yrs: 0.68 %

The company raised 1039cr through IPO, entire issue was OFS
2/ Who is MMI?

The husband and wife duo, Rakesh and Rashmi Verma, faced the decision of whether to take on Google Maps, but they decided to focus on enterprise segment (B2B and B2B2C) instead of taking on the tech giant & burning cash.
Read 19 tweets

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