Pelatro IPO Date, Review, Price, Allotment Details

Pelatro IPO open date is September 16, 2024 and the IPO will close on September 19, 2024. Pelatro IPO is a Book Built Issue. The company to raise around ₹55.98 crores via IPO that comprises fresh issue of ₹55.98 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Pelatro IPO price band is ₹190 to ₹200 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Pelatro IPO to list on NSE SME on September 24, 2024. The allotment of Pelatro IPO date is September 20, 2024.

The company reported revenue of ₹55.37 crores in 2024 and The company reported loss of ₹1.96 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Pelatro IPO

Pelatro IPO Details

IPO Open Date:September 16, 2024
IPO Close Date:September 19, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹190 to ₹200 Per Share
Issue Size:Approx ₹55.98 Crores
Fresh Issue:Approx ₹55.98 Crores
Offer for Sale:Approx [.]Equity Shares
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Pelatro IPO IPO Market Lot

The Pelatro IPO minimum market lot is 600 shares with ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum1600₹120,000
Retail Maximum1600₹120,000
HNI Minimum21200₹240,000

Pelatro IPO Dates

The Pelatro IPO date is September 16 and the close date is September 19. The Pelatro IPO allotment will be finalized on September 20 and the IPO listing on September 24.

IPO Open Date:September 16, 2024
IPO Close Date:September 19, 2024
Basis of Allotment:September 20, 2024
Refunds:September 23, 2024
Credit to Demat Account:September 23, 2024
IPO Listing Date:September 24, 2024

Promoters of Pelatro IPO

The promoters of the company are Subash Menon, Sudeesh Yezhuvath, Kiran Menon, and Varun Menon.

About Pelatro IPO

Pelatro Limited is a global technology company and has developed the comprehensive Customer Engagement Platform mViva that facilitates customer-centric interactions between brands, companies and end users. Businesses using our platform are able to understand customer behavior more fully while improving interactions between themselves and users through our Customer Engagement Platform mViva which processes an average of 128 tons per business in over one billion people from 30 different countries every month!

The mViva platform empowers enterprises to conduct marketing campaigns targeting customers by using behavioral analysis of users. Their platform provides comprehensive capabilities and experiences, from gathering information, conducting analyses and gathering intelligence through to selecting audiences for audience selection purposes, setting up events for execution purposes and reporting back. Customer Engagement Platform “mViva” was specifically tailored to address customers’ needs with its many user-friendly features and intuitive navigation system, designed for even those without technical proficiency. Marketers use mViva to reinvent and enhance customer engagement. It provides marketers with the power to plan complex journeys throughout their customer’s lifespan while taking advantage of knowledge gained by monitoring specific consumer behaviors on journeys. mViva allows marketers to be innovative while constantly improving customer experiences through micro travel experiences integrated within longer journeys by its Customer Engagement Platform mViva has capabilities of planning complex journeys with ease using complex journey planning.

Customer Engagement Platform was developed by Pelatro Limited with an objective of optimizing marketing spend by offering contextually appropriate campaigns and meeting privacy concerns efficiently and proactively.

As on May 31, 2024, Their Customer Engagement Platform has been implemented or is under implementation in 38 telecom networks spread across 30 countries, including India. Out of these networks, 16 are in Asia, 5 are in 129 Middle East, 15 are in Africa, 1 in the Caribbean and 1 in Europe.

Pelatro IPO Company Financial Report

The company reported revenue of ₹55.37 crores in 2024 and The company reported loss of ₹1.96 crores in 2024.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2024₹55.37₹55.35₹1.96₹57.81

Pelatro IPO Valuation – FY2024

Check Pelatro IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:(15.48)%
ROCE:4.70%
EBITDA Margin:5.66%
PAT Margin:(3.56)%
Debt to equity ratio:1.55
Earning Per Share (EPS):₹(5.15) (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):(16.26)%
Net Asset Value (NAV):₹17.18

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Comviva Technologies Limited26.21NA6.03%434.861245 Cr.
FLYTXT Mobile Solutions Private Limited6893.23NA2534.68%271.9646.30 Cr.

Objects of the Issue

  • Funding capital expenditure requirement of our company towards; Purchase & Installation of IT equipment, computer hardware, server, and other ancillary equipment;
  • Investment in the subsidiary;
  • Funding the working capital needs of the company; and
  • General corporate purposes

Pelatro IPO Review

  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Pelatro IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

IPO Lead Managers aka Merchant Bankers

  • Cumulative Capital Private Limited

Company Address

Pelatro Limited
No. 403, 7th A Main,
1st Block HRBR Layout,
Bangalore – 560 043
Phone: +91 80 4903 3200
Email: [email protected]
Website: http://www.pelatro.com/

Pelatro IPO FAQs

What is Pelatro IPO?

Pelatro IPO is a SME IPO. The company is going to raise ₹55.98 Crores via IPO. The issue is priced at ₹190 to ₹200 pr equity share. The IPO is to be listed on NSE.

When Pelatro IPO will open for subscription?

The IPO is to open on September 16, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 19, 2024.

What is Pelatro IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Pelatro IPO?

You can apply for Pelatro IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Pelatro IPO Issue Size?

Pelatro IPO issue size is ₹55.98 crores.

What is Pelatro IPO Price Band?

Pelatro IPO Price Band is ₹199 to ₹200.

What is Pelatro IPO Lot Size?

The minimum bid is 600 Shares with ₹120,000 amount.

What is the Pelatro IPO Allotment Date?

Pelatro IPO allotment date is September 20, 2024.

What is the Pelatro IPO Listing Date?

Pelatro IPO listing date is September 24, 2024. The IPO is to list on NSE.

Note: The Pelatro IPO price band and date are officially announced. The (Pelatro IPO grey market premium) will be added to the IPO GMP page as it will start).
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