Pelatro IPO Details: The Pelatro IPO is scheduled to open on September 16, 2024, and will close on September 19, 2024. This offering is a Book Built Issue, through which Pelatro aims to raise approximately ₹55.98 crores. The issue comprises a fresh issuance of ₹55.98 crores and an offer for sale of equity shares, each with a face value of ₹10.
The price band for the Pelatro IPO is set between ₹190 and ₹200 per share. The allocation is as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares are expected to list on the NSE SME on September 24, 2024, with the allotment date scheduled for September 20, 2024.
In the financial year 2024, Pelatro reported a revenue of ₹55.37 crores, alongside a loss of ₹1.96 crores. Given the current financials, potential investors are advised to consider a long-term investment strategy for this IPO.
Pelatro IPO Objectives:
The company intends to utilize the proceeds of the issue to meet the following 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; and
- General corporate purposes.
Pelatro IPO Review (Apply or Not)
- Update soon
Pelatro IPO Date & Price Band 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% |
Pelatro IPO Lot Size:
The minimum market lot for the Pelatro IPO is 600 shares, with a total application amount of ₹120,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹120,000 |
| Retail Maximum | 1 | 600 | ₹120,000 |
| HNI Minimum | 2 | 1200 | ₹240,000 |
Pelatro IPO Timeline:
The Pelatro IPO will open for subscription on September 16 and close on September 19. Allotment of shares will be finalized on September 20, with the IPO expected to be listed 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 |
Pelatro IPO GMP Today:
GMP for Pelatro SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Promoters of Pelatro IPO
The promoters of Pelatro Limited are Subash Menon, Sudeesh Yezhuvath, Kiran Menon, and Varun Menon.
About Pelatro IPO
Pelatro Limited is a leading global technology company specializing in customer engagement solutions. The company has developed the advanced Customer Engagement Platform, mViva, which enables brands and businesses to engage with their customers in a more personalized and effective manner. mViva processes data from over one billion users across 30 countries every month, analyzing approximately 128 terabytes of information per business.
The mViva platform empowers enterprises to design and execute targeted marketing campaigns by leveraging behavioral analytics. It offers a comprehensive suite of tools for gathering insights, analyzing data, selecting target audiences, setting up campaigns, and generating reports. Designed with user-friendly features and an intuitive navigation system, mViva caters to both technical and non-technical users, allowing marketers to enhance and innovate customer engagement strategies.
Pelatro’s mViva platform helps businesses optimize their marketing spend by delivering contextually relevant campaigns while addressing privacy concerns effectively. As of May 31, 2024, the platform is implemented or being implemented in 38 telecom networks across 30 countries, including India. This includes 16 networks in Asia, 5 in the Middle East, 15 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 Ended | Revenue | Expense | Profit After Tax | Assets |
| 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.
| KPI | Values |
| 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
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Comviva Technologies Limited | 26.21 | NA | 6.03% | 434.86 | 1245 Cr. |
| FLYTXT Mobile Solutions Private Limited | 6893.23 | NA | 2534.68% | 271.96 | 46.30 Cr. |
Pelatro IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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: hello@pelatro.com
Website: http://www.pelatro.com/
Pelatro IPO FAQs
What are the key dates for the Pelatro IPO?
The Pelatro IPO opens on September 16, 2024, and closes on September 19, 2024. Allotment of shares will be finalized on September 20, 2024, and the shares are expected to be listed on the NSE SME on September 24, 2024.
What is the price band for the Pelatro IPO?
The price band for the Pelatro IPO is set between ₹190 and ₹200 per share.
What is the minimum investment amount for the Pelatro IPO?
The minimum market lot for the Pelatro IPO is 600 shares, which requires an application amount of ₹120,000.
What is the allocation for different investor categories in the Pelatro IPO?
The allocation is as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs).
Who are the promoters of Pelatro Limited?
The promoters of Pelatro Limited are Subash Menon, Sudeesh Yezhuvath, Kiran Menon, and Varun Menon.
What is the business focus of Pelatro Limited?
Pelatro Limited is a global technology company specializing in customer engagement solutions. Their flagship platform, mViva, facilitates personalized interactions between brands and customers, processing data from over one billion users across 30 countries each month.
What features does the mViva platform offer?
mViva offers a range of features including behavioral analytics, campaign management, audience selection, and comprehensive reporting. It is designed to be user-friendly and accessible, allowing marketers to plan and execute targeted campaigns effectively.
How many telecom networks use the mViva platform?
As of May 31, 2024, the mViva platform is implemented or under implementation in 38 telecom networks across 30 countries, including India.
What are the financials of Pelatro Limited?
For the fiscal year 2024, Pelatro reported a revenue of ₹55.37 crores and a loss of ₹1.96 crores.
What should investors consider before applying for the Pelatro IPO?
Given the current financials and market conditions, investors are advised to consider a long-term investment strategy when applying for the Pelatro IPO.
