IPO Issue Details
Issue Price / Price Band₹200 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size27,99,000 shares (aggregating up to ₹55.98 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 16 Sep 2024
Subscription CloseThu, 19 Sep 2024
Anchor AllotmentSun, 15 Sep 2024
Basis of AllotmentFri, 20 Sep 2024
Initiation of RefundsFri, 20 Sep 2024
Credit of Shares to DematMon, 23 Sep 2024
Listing DateTue, 24 Sep 2024
UPI Mandate Deadline2024-09-19
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 600 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 1200 shares
EPS (Pre-IPO)₹-2.57
EPS (Post-IPO)₹-1.88
P/E Ratio (Pre-IPO)-77.78x
P/E Ratio (Post-IPO)-106.4x
Net Offer to Public26,58,600 shares (aggregating up to ₹53.17 Cr)
Reserved for Market Maker1,40,400 shares (aggregating up to ₹2.81 Cr)
Pre-IPO Promoter Holding76,07,663 shares
Post-IPO Promoter Holding1,04,06,663 shares
About Pelatro Ltd
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 reporting.The company's core product portfolio includes Campaign Management Solutions, Loyalty Management Solutions, Lead Management Solutions, and Data Monetization Solutions.As of May 31, 2024, the Customer Engagement Platform has been implemented or is in the implementation phase in 38 telecom networks in 30 countries, including India. Of these networks, 16 are in Asia, 5 in the Middle East, 15 in Africa, 1 in the Caribbean, and 1 in Europe. The company's customer base includes telecommunications companies, including their subsidiaries and/or companies that are part of their group and operate in various countries around the world. The company has also started to target banks and financial companies.Competitive strengths:Proprietary technology development and testing capabilitiesIn-depth specialist knowledgeEnd-to-end platformHighly referenceable customersAn outstanding position in various markets, a fast-growing market with high barriers to entry.A profitable, cost-effective business model based on an asset-friendly, automated, and scalable platformGrowth-oriented, global customer basePatented technologyExperienced and dedicated key management personnelOn May 31, 2024, the company employed 296 people.
Objects of the Issue
Pelatro Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding capital expenditure requirement of our company towards; Purchase & Installation of IT equipment, computer hardware, server, and other ancillary equipment;
2
Investment in the subsidiary;
3
Funding the working capital needs of the company; and
4
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
76,07,663 shares
Post-IPO Promoter Holding
1,04,06,663 shares