Pelatro IPO Date, Review, Price, Allotment Details

Pelatro IPO is opening for subscription on September 16, 2024, and closing on September 19, 2024. This NSE SME IPO aims to raise ₹55.98 Crores, with a 100% Fresh Issue of TBA equity shares, each with a face value of ₹10. The price band for the Pelatro IPO is fixed at ₹190 – ₹200 Per Share, with a market lot of 600 share.The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). Pelatro IPO Allotment will done on September 20, 2024, and Pelatro IPO listing date is September 24, 2024.

Pelatro Company Profile

Pelatro Limited is a global technology firm specializing in Customer Engagement Platforms. Their flagship platform, mViva, facilitates customer-centric interactions by analyzing user behavior and enabling targeted marketing campaigns. The mViva platform processes data for over one billion users across 30 countries monthly. It is designed to enhance customer engagement through detailed behavioral analysis, event setup, and reporting.

As of May 31, 2024, Pelatro’s platform has been implemented or is under implementation in 38 telecom networks worldwide, including India. The platform enables marketers to design and manage sophisticated customer journeys, integrating short-term interactions into long-term strategies. By leveraging detailed insights into customer behavior, mViva helps in crafting personalized experiences throughout the customer lifecycle.

Revenue for mViva is generated through:

• Licensing its products, either as one-time or recurring fees
• Providing services for platform management, including business consulting, operations, and IT support
• Implementing the platform for clients
• Offering various support levels (L1, L2, and L3) to ensure optimal performance
• Customizing features and capabilities through change requests

Pelatro IPO GMP

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Pelatro IPO Objectives

The funds raised through the IPO will be utilized for:

1. Capital expenditure for IT equipment, computer hardware, servers, and other ancillary equipment
2. Investment in the subsidiary
3. Funding working capital needs
4. General corporate purpose

Pelatro IPO Key Details

• Pelatro IPO Open Date: September 16, 2024
• Pelatro IPO Close Date: September 19, 2024
• Pelatro IPO Size: Approximately ₹55.98 Crores, Equity Shares
• Face Value: ₹10 Per Equity Share
• Pelatro IPO Price Band: ₹190 – ₹200 Per Equity Share
• Pelatro IPO Listing on: NSE SME IPO
• Retail Quota: 35% of the net offer
• QIB Quota: 50% of the net offer
• HNI Quota: 15% of the net offer

Pelatro IPO Timeline

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

How to Apply for Pelatro IPO

Investors can apply for the Pelatro IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

Pelatro Financial Performance (in Crores)

• Year 2024: Revenue ₹55.37, Expense ₹55.35, PAT ₹-1.96, Assets ₹57.81

Pelatro Valuation FY2024

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

Pelatro Peer Group

• Comviva Technologies Limited: EPS 26.21, NAV ₹434.86, Income ₹1245 Cr.
• FLYTXT Mobile Solutions Private Limited: EPS 6893.23, NAV ₹271.96, Income ₹46.30 Cr.

Pelatro Company Promoters

• Subash Menon
• Sudeesh Yezhuvath
• Kiran Menon
• Varun Menon

Pelatro IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Pelatro IPO Allotment Status Check

• Check the Pelatro IPO allotment status on the Bigshare Serviceswebsite.

Pelatro IPO Allotment Link

• Check the Pelatro IPO allotment on the Check Ipo Allotment website.

Pelatro IPO Lead Managers (Merchant Bankers)

• Cumulative Capital Private Limited

Pelatro Company Address

No. 403, 7th A Main,
1st Block HRBR Layout,
Bangalore,Karnataka-560 043 India
Website: http://www.pelatro.com/
Phone: +91 80 4903 3200
Email: company.secretary@pelatro.com

Pelatro IPO FAQs

What is Pelatro IPO?

Pelatro IPO is an NSE SME IPO. They are going to raise ₹55.98 Crores via IPO. The issue is priced at ₹190 – ₹200 Per equity share. The IPO is to be listed on NSE.

When will the Pelatro IPO open?

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

What is Pelatro IPO Investors Portion?

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

How to Apply for the Pelatro IPO?

You can apply for Shelter Finance 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.

How to Apply Gala Precision Engineering IPO through M-Stock?

For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.

How to Apply the Pelatro IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

How to Apply for the Pelatro IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

What is Pelatro IPO Size?

Pelatro IPO size is ₹55.98 Crores.

What is Pelatro IPO Price Band?

Pelatro IPO Price Band is ₹190 – ₹200 Per equity share.

What is Pelatro IPO Minimum and Maximum Lot Size?

The IPO bid is 600 share with ₹120,000.

What is Pelatro IPO Allotment Date?

Pelatro IPO allotment date is September 20, 2024.

What is Pelatro IPO Listing Date?

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