pelatro-ipo

Pelatro IPO

  • Status: Closed
  • RHP:
  • ₹ 114,000 / 600 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    24 Sep 2024

  • Listing Price

    ₹ 275.00

  • Listing Change

    37.50%

  • Last Traded Price

    ₹ 268.50

IPO Details

  • Open Date

    16 Sep 2024

  • Close Date

    19 Sep 2024

  • IPO Price Range

    ₹ 190 - ₹ 200

  • IPO Size

    ₹ 55.98 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    24 Sep 2024

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Pelatro IPO Subscription Status

Last Updated: 20 September 2024 12:21 PM by 5Paisa

Pelatro IPO is set to open on 16 September 2024 and will close on 19 September 2024. Pelatro provides the mViva platform, which helps businesses engage with their customers more effectively by understanding their behavior and needs.

The IPO includes a fresh issue of  27.99 lakh shares aggregating ₹55.98 Cr and does not include an offer for sale. The price range is set between ₹190- ₹200 per share and the lot size is 600 shares.

The allotment is scheduled to be finalized on 20 September 2024. It will go public on NSE SME with a tentative listing date of 24 September 2024.

Cumulative Capital Private Limited is the book running lead manager while Bigshare Services Pvt Ltd is the registrar. 
 

Pelatro IPO Size

Types Size
Total IPO Size ₹55.98 Cr
Offer For Sale -
Fresh Issue ₹55.98 Cr

 

Pelatro IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 600 ₹120,000
Retail (Max) 1 600 ₹120,000
HNI (Min) 2 1,200 ₹240,000

 

Pelatro IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)
QIB 15.22 5,21,400 79,33,800 158.68
NII (HNI) 55.31 3,92,400 2,17,05,000 434.10
Retail 12.41 9,13,200 1,13,32,800 226.66
Total 21.86 18,76,800 4,10,22,000 820.44

 

Pelatro IPO Anchor Allocation

Anchor Bid Date 13 September, 2024
Shares Offered 781,800
Anchor portion Size (In ₹ Cr.) 15.64
Anchor lock-in period end date for 50% shares (30 Days) 20 October, 2024
Anchor lock-in period end date for remaining shares (90 Days) 19 December, 2024

 

1. Investment in the subsidiary
2. Meeting Working Capital Needs
3. General Corporate Purposes
4. Funding for IT equipment, computer hardware, servers and related installations.
 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY24 FY23 FY22
Revenue 59.15 49.05 40.88
EBITDA 5.41 4.64 3.57
PAT 10.45  8.77  7.19
Particulars (in Rs. Crores) FY24 FY23 FY22
Total Assets 51 30.80 16.85
Share Capital 0.10 0.10
Total Borrowings 18.68 13.48 5.13
Particulars (in Rs. Crores) FY24 FY23 FY22
Net Cash Generated From / (used in) operating activities 3.74  -2.81 0.96
Net Cash Generated From / (used in) investing activities -3.75 -0.64 -0.50
Net Cash Generated From / (used in) financing activities -0.10 7.34 -0.94
Net Increase (Decrease) In Cash And Cash Equivalents -0.20 3.89  -0.48


Strengths

1. Pelatro’s development and testing capabilities, along with patented technology, provide a competitive edge and enhance its market position.

2. The comprehensive mViva platform, combined with deep specialist knowledge, enables Pelatro to offer a complete solution for customer engagement, ensuring high quality service and efficiency.

3. The company's asset friendly, automated and scalable platform supports a cost effective, growth oriented business model that can easily adapt to expanding global markets.
 

Risks

1. Despite its strong position, Pelatro operates in a fast growing sector with high entry barriers and significant competition which may impact market share.

2. A portion of Pelatro's customer base is in the telecom industry. Changes in this sector or economic downturns could affect the company's performance.

3. The technology landscape is constantly evolving. Keeping up with rapid advancements and maintaining the relevance of proprietary technology could pose a risk if not managed effectively.
 

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FAQs

Pelatro IPO opens from 16 September to 19 September 2024.

The size of Pelatro IPO is ₹55.98 crores.

The price of Pelatro IPO is fixed between ₹190 -₹200 per share. 

To apply for Pelatro IPO, follow the steps given below:

1. Login to your 5paisa account and select the issue in the current IPO section    
2. Enter the number of lots and the price at which you wish to apply for the Pelatro IPO.    
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Pelatro IPO is 600 shares and the minimum investment required is ₹114,000.
 

The share allotment date of Pelatro IPO is 20 September 2024

The Pelatro IPO will be listed on 24 September 2024.

Cumulative Capital Private Limited is the book running lead manager for Pelatro IPO.

Pelatro plans to utilize the raised capital from the IPO for:

1. Investment in the subsidiary
2. Meeting Working Capital Needs
3. General Corporate Purposes
4. Funding for IT equipment, computer hardware, servers and related installations.