Pelatro Limited IPO
NSE SMEListed On: Sep 24, 2024 at ₹ 275.0
₹ 240000 /1200 Shares
*Min Investment
16 Sep, 2024
Open Date19 Sep, 2024
Close Date20 Sep, 2024
Allotment Date24 Sep, 2024
Listing DatePelatro Limited IPO Issue Details
- Issue Price ₹190-200 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 27,99,000 shares(aggregating up to ₹55.98 crore)
- Fresh Share 27,99,000 shares(aggregating up to ₹55.98 crore)
- Listing at NSE SME
- List Price 275.0
- Listing Date 2024-09-24
- Lead Manager Cumulative Capital Private Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,20,000 |
| Retail(max) | 1 | 600 | ₹1,20,000 |
| NII (min) | 2 | 1,200 | ₹2,40,000 |
Pelatro Limited IPO Reservation
Pelatro Limited IPO offers total 27,99,000 shares. Out of which 5,21,400 (18.63%) allocated to QIB, 3,92,400 (14.02%) allocated to NII,9,13,200 (32.63%) allocated to RII, NA (NA%) allocated to employees and 7,81,800 (27.93%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 7,81,800 (27.93%) | |
| Market Maker Shares Offered | 1,40,400 (5.02%) | |
| QIB Shares Offered | 5,21,400 (18.63%) | |
| NII (HNI) Shares Offered | 3,92,400 (14.02%) | |
| Retail Shares Offered | 9,13,200 (32.63%) | |
| Total Shares Offered | 27,99,000 (100%) |
Pelatro Limited IPO Details
Pelatro Limited IPO is an SME IPO, priced at ₹190-200 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 27,99,000 equity shares, aggregating up to ₹55.98 crores..
The IPO bidding window is open from Sep 16, 2024 to Sep 19, 2024. The allotment is expected to be finalized on Sep 20, 2024, and the tentative listing date is Sep 24, 2024.
The minimum lot size for Retail investors is 600 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.
Cumulative Capital Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Shree Bahubali Stock Broking Limited will act as the market maker for this issue.
Pelatro Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 521,400 / 392,400 | 913,200 | 1,876,800 |
Day 1 16-09-24 06:00 PM | 0.00 / 0.18 x | 0.79 x | 0.43 x |
Day 2 17-09-24 06:00 PM | 0.00 / 1.07 x | 2.76 x | 1.59 x |
Day 3 18-09-24 06:00 PM | 0.00 / 2.76 x | 4.54 x | 2.81 x |
Day 4 19-09-24 06:00 PM | 15.22 / 55.62 x | 11.96 x | 22.29 x |
Pelatro Limited Valuations
Pelatro Limited Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 5,780.92 | N/A | N/A |
| Revenue | 5,536.54 | N/A | N/A |
| Profit After Tax | -195.62 | N/A | N/A |
| Net Worth | 1,202.89 | N/A | N/A |
| Reserves & Surplus | 502.89 | N/A | N/A |
| Total Borrowing | 1,867.58 | N/A | N/A |
About Pelatro Limited Company
Pelatro Limited provides a total customer engagement platform, mViva, which offers customer-centric interaction between companies or brands and end users.
The company helps the businesses to understand correctly the behavior and needs of the customers to better interact with end customers. The platform provides end-to-end capabilities and experiences beginning with data collection, analytics, intelligence gathering, audience selection, configuration, execution, and reporting.
The company's core product portfolio consists of Campaign Management Solutions, Loyalty Management Solutions, Lead Management Solutions, and Data Monetization Solutions.
As of May 31, 2024, the Customer Engagement Platform has been implemented or is in the implementation phase in 38 telecom networks in 30 countries, including India. Of these networks, 16 are in Asia, 5 in the Middle East, 15 in Africa, 1 in the Caribbean, and 1 in Europe. The customer base involves telecommunication firms, their subsidiary firms and/or firms that constitute part of its group and undertakes operations within various countries within the world at large. To this end, the company is beginning to acquire the banks' and financial organizations' customer list.
On 31 May, 2024, the Company had 296 employees.
Pelatro Limited - Promoter(s)
Subash Menon
Sudeesh Yezhuvath
Kiran Menon
Varun Menon
Pre Issue Share Holding : 73.31%
Post Issue Share Holding : 53.59%
Pelatro Limited IPO - Issue Objectives
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
General corporate purposes.
Contact Details
Pelatro Limited
No. 403, 7th A Main, 1st Block HRBR Layout, Bangalore - 560 043
+91 80 4903 3200
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Pelatro Limited IPO - FAQs
Ans. Pelatro Limited IPO is a SME IPO. The issue is priced at ₹190-200 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Sep 16, 2024, and closes on Sep 19, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Pelatro Limited IPO opens on Sep 16, 2024 and closes on Sep 19, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Pelatro Limited IPO is 2,799,000 shares(aggregating up to ₹55.98 Cr).
Ans. The Pelatro Limited IPO price band is set between ₹190-200 per equity share.
Ans. To apply for Pelatro Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Pelatro Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Pelatro Limited IPO is Sep 20, 2024.
Ans. The Pelatro Limited IPO will be listed on Sep 24, 2024.
Ans. Follow the steps to check the Pelatro Limited IPO allotment status online.
