
Pelatro Limited
Pelatro Limited(PELATRO)
Total Shares
27,99,000
Issue Size
₹55.98 Cr
Price Band
₹190 – ₹200
Lot Size
600 shares
Min. Investment
₹1,20,000
Max. Investment
₹1,20,000
Open Date
16 Sep, 2024
Close Date
19 Sep, 2024
Allotment
20 Sep, 2024
Listing
24 Sep, 2024
Max. Investment
₹1,20,000
Announced
16 Sep, 2024
Opening Date
16 Sep, 2024
Closing Date
19 Sep, 2024
Basis of Allotment
20 Sep, 2024
Initiation of Refunds
20 Sep, 2024
Credit of Shares
23 Sep, 2024
Listing Date
24 Sep, 2024
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About Pelatro Limited IPO
Pelatro Limited offers a comprehensive customer engagement platform, mViva, which enables customer-centric interactions between companies or brands and their end users.
The company helps businesses to accurately understand their customers' behavior and needs to improve interactions with end customers. The platform provides end-to-end capabilities and experiences, starting with data collection, analytics, intelligence gathering, audience selection, configuration, execution and reportin
Pelatro Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 36.8% increase in shares
Pelatro Limited IPO Financials Health
Pelatro Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI Minimum | 2 | 1200 | ₹2,40,000 |
| Retail Minimum | 1 | 600 | ₹1,20,000 |
| Retail Maximum | 1 | 600 | ₹1,20,000 |
(All values in CR)
Pelatro Limited IPO Valuation
| Metric | Value |
|---|---|
| Debt/Equity | 1.55 |
| EPS Post IPO | -1.88 |
| EPS Pre IPO | -2.57 |
| P/BV | 11.64 |
| P/E Post IPO | -106.4 |
| P/E Pre IPO | -77.78 |
| PAT Margin (%) | -3.56 |
| ROCE | 3.85% |
| ROE | -15.48% |
| RoNW | -15.48% |
(All values in CR)
Strength & Risk of Pelatro Limited IPO
1. In-house technology development and testing capabilities.
2. Deep Domain Expertise.
3. End to End Platform.
4. Highly Referenceable Customers.
5. Our platform has a prominent position in various markets, a high growth market with substantial barriers to entry.
6. Profitable, low-cost business model built on an asset light, automated and scalable platform.
7. Growth driven, global customer base.
8. Patented Technology.
9. Experienced and dedicated Key Management Personnel, who are ably supported by our other employees.
1. We are substantially dependent upon customers renewing their subscriptions to, and expanding their use of, our platform to maintain and grow our revenue, which requires us to scale our platform infrastructure and business quickly enough to meet our customers' growing needs. If we are not able to grow in an efficient manner, our business, financial condition and results of operations could be harmed.
2. We are dependent on a small set of products, and the failure to achieve continued market acceptance of our products could cause our results of operations to suffer.
3. If our platform fails to perform properly or there are defects or disruptions in the rollout of our platform updates or enhancements, our reputation could be adversely affected, our market share could decline, and we could be subject to liability claims.
4. Our sales cycle with large enterprise customers can be long and unpredictable, and our sales efforts require considerable time and expense.
5. Our business depends on our ability to send consumer engagement messages, including emails, SMS and mobile and web notifications, and any significant disruption in service with our third-party providers or on mobile operating systems could result in a loss of customers or less effective consumer-brand engagement, which could harm our business, financial condition and results of operations.
6. We depend on our long term customers for a significant portion of our revenue, and any decrease in revenues or sales from any one of such key customers may adversely affect our business and results of operations.
7. We operate in limited geographies for a significant portion of our revenue and also depends on limited number of customers for our revenue from operations. Projects in new geographies may not be as profitable as in existing geographies.
8. We may need to reduce prices or change our pricing model to remain competitive.
9. We anticipate that our operations will continue to increase in complexity as we grow, which will create management challenges.
10. If we are unable to attract new customers and renew existing customers, our business, financial condition and results of operations will be adversely affected.
Pelatro Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 7,81,800 | 7,81,800 | 15.64 |
| HNI | 55.66 | 3,92,400 | 2,18,41,800 | 436.84 |
| Market Maker | 1.00 | 1,40,400 | 1,40,400 | 2.81 |
| QIB | 15.22 | 5,21,400 | 79,33,800 | 158.68 |
| Retail | 12.29 | 9,13,200 | 1,12,25,400 | 224.51 |
| Total | 22.47 | 18,27,000 | 4,10,51,400 | 821.03 |
Pelatro Limited IPO GMP
Last updated 12 Sep, 2024 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 12 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 12 Sep, 2024 |
| 13 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 13 Sep, 2024 |
| 14 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 14 Sep, 2024 |
| 15 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 15 Sep, 2024 |
| 16 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 16 Sep, 2024 |
| 17 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 17 Sep, 2024 |
| 18 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 18 Sep, 2024 |
| 19 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 19 Sep, 2024 |
| 20 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 20 Sep, 2024 |
| 21 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 21 Sep, 2024 |
| 23 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 23 Sep, 2024 |
| 24 Sep, 2024 | 200 | ₹0 | -- | ₹200 (0.00%) | - | 24 Sep, 2024 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Pelatro Limited IPO
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Go to IPO Section
Find Pelatro Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.
FAQs About Pelatro Limited Ipo
Pelatro Limited IPO will open on 16 Sep, 2024 and close on 19 Sep, 2024. Investors must apply within this period to participate.
The Pelatro Limited IPO price band is set between ₹190.00 and ₹200.00 per share. The minimum lot size is 600, requiring an investment of at least ₹120000.00.
The Pelatro Limited IPO shares are expected to be listed on 24 Sep, 2024, subject to regulatory approvals and final allotment.
You can track your Pelatro Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Pelatro Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.