Pelatro IPO is set to open on September 16, 2024, and will close on September 19, 2024. The IPO follows a book-built issue format, with the company aiming to raise approximately ₹55.98 crores. This includes a fresh issue of ₹55.98 crores, along with an offer for sale of equity shares with a face value of ₹10 each.
Table of contents
- Pelatro IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Lakhs)
- IPO Lot Size
- The objective of the Issue
- Company Promoters
- Pelatro IPO GMP (Grey Market Premium)
- Pelatro IPO Application Form PDF
- Pelatro IPO Subscription Status
- Pelatro IPO Allotment Status
- IPO Review
- Pelatro IPO Registrar
- Pelatro IPO Lead Manager
- Pelatro IPO Limited Contact
- FAQs
Pelatro IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Pelatro Limited |
| Industry | Telecom and Banking Marketing Space |
| IPO Issue Type | Book Built Issue |
| Open Date | September 16, 2024 |
| Close Date | September 19, 2024 |
| Total Issue Size | ₹55.98 Crores (2,799,000 Equity Shares) |
| Fresh Issue | ₹55.98 Crores (2,799,000 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹190 to ₹200 per share |
| Listing on | NSE SME |
| Lot Size | 600 Shares |
| Offer for Sale | NA |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Company Details
Pelatro Limited is a global technology company that specializes in its comprehensive Customer Engagement Platform, mViva. This innovative platform significantly enhances customer interactions by enabling brands and businesses to better understand and engage with their users. Notably, mViva processes data from over one billion people across 30 countries each month, averaging 128 tons of data per business.
Moreover, the mViva platform empowers enterprises to execute targeted marketing campaigns through detailed behavioral analysis. It offers a complete suite of capabilities—from data collection and analysis to audience segmentation, event setup, and reporting. Designed with user-friendly features and intuitive navigation, mViva caters to both technical and non-technical users. Consequently, it allows marketers to plan and manage intricate customer journeys while leveraging insights from specific consumer behaviors to improve engagement. Through its innovative micro-travel experiences and complex journey planning, mViva continually enhances customer interactions.
Furthermore, Pelatro Limited developed mViva with the objective of optimizing marketing expenditures by delivering contextually relevant campaigns while proactively addressing privacy concerns.
As of May 31, 2024, mViva has been implemented or is in the process of being implemented across 38 telecom networks in 30 countries, including India. Specifically, this includes 16 networks in Asia, 5 in the Middle East, 15 in Africa, and 1 each in the Caribbean and Europe.
Key Dates
| Events | Date |
|---|---|
| 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 |
Financials (₹ in Lakhs)
| Period Ended | 31 Mar 2024 |
|---|---|
| Assets | ₹5,780.92 |
| Revenue | ₹5,536.54 |
| Profit After Tax | ₹(195.62) |
| Net Worth | ₹1,202.89 |
| Reserves and Surplus | ₹502.89 |
| Total Borrowing | ₹1,867.58 |
IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹120,000 |
| Retail (Max) | 1 | 600 | ₹120,000 |
| HNI (Min) | 2 | 1200 | ₹240,000 |
The objective of the Issue
- Specifically, it will support the purchase and installation of IT equipment, computer hardware, servers, and other ancillary equipment.
- Additionally, the funds will be used to invest in the subsidiary and to address the company’s working capital needs.
- Moreover, a portion of the funding will be directed toward general corporate purposes.
Company Promoters
- Mr. Subash Menon
- Mr. Kiran Menon
- Mr. Sudeesh Yezhuvath
Pelatro IPO GMP (Grey Market Premium)
Curious about the latest Grey Market Premium (GMP) for the Pelatro IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Pelatro Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Pelatro IPO Application Form PDF
To download the Pelatro IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Pelatro IPO Subscription Status
This IPO subscription kicks off on September 16, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Pelatro IPO Allotment Status
To check the Pelatro IPO allotment status go to the IPO registrar website Bigshare or go to IPO Allotment.
To check allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- Additionally, We possess strong in-house capabilities for developing and testing technology. Consequently, we are able to maintain high standards and innovate effectively.
- Our team has extensive expertise in our industry, which allows us to deliver specialized solutions and stay ahead of the competition.
- We offer a comprehensive platform that covers all aspects from start to finish, ensuring seamless integration and efficiency.
- Furthermore, our customer base includes many highly referenceable clients who attest to our quality and reliability.
- Moreover, our platform holds a significant position in various high-growth markets, which are characterized by substantial barriers to entry.
- In addition, we operate a profitable, low-cost business model based on an asset-light, automated, and scalable platform.
Risks:
- To remain competitive, we may need to reduce prices or alter our pricing model. Consequently, this adjustment is crucial to align with market demands.
- As we continue to grow, we anticipate that our operations will become increasingly complex, which will, in turn, lead to potential management challenges.
- However, If we are unable to attract new customers or renew existing ones, it could adversely impact our business, financial condition, and operational results.
- Given our reliance on a limited range of products, the failure to achieve continued market acceptance could, therefore, adversely affect our operational performance.
- Additionally, our sales cycle with large enterprise customers tends to be lengthy and unpredictable, requiring substantial time and resources for our sales efforts.
Pelatro IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai – 400 093, Maharashtra
Phone: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Pelatro IPO Lead Manager
CUMULATIVE CAPITAL PRIVATE LIMITED
321, 3rd Floor, C Wing, 215 Atrium Co-Op. Premises,
Andheri Kurla Road, Hanuman Nagar,
Andheri (E) Mumbai – 400 093, Maharashtra
Phone: +91 981 966 2664 / 701 625 1158
Email: contact@cumulativecapital.group
Website: www.cumulativecapital.group
Pelatro IPO Limited Contact
PELATRO LIMITED
No.403, 7th A Main, 1st Block HRBR Layout,
Bangalore – 560 043, Karnataka, India
Phone: +91 80 4903 3200
E-mail: company.secretary@pelatro.com
Website: www.pelatro.com
FAQs
Pelatro’s offer size ranges from ₹53.18 crores to ₹55.98 crores.
The price band for the Pelatro IPO is set between ₹190 and ₹200 per share.
The lot size for the Pelatro offer is 600 shares.
The allotment date for the Pelatro IPO is September 20, 2024.
Subsequently, the IPO is scheduled to be listed on the NSE on September 24, 2024.
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