SAR Televenture Limited FPO...
16 Apr, 2025
Pelatro Limited IPO, GMP, Details, Price, and Review
We are a global technology business and have developed a comprehensive Customer Engagement Platform, i.e., mViva that empowers customer-centric interactions between enterprises or brands and its end users. Our platform empowers enterprises to understand the behavior and needs of their customers deeply to enhance their engagement with end users.
Our Customer Engagement Platform mViva collects and processes large amounts of data for each enterprise daily across almost a billion consumers in 30 countries. Our mViva platform helps enterprises undertake marketing operations on their end users through behavioural analysis of their end users. The platform provides end-to-end capability and experience starting with a collection of data, analysis, intelligence gathering, audience selection, configuration, execution and reporting. The entire approach of our Customer Engagement Platform is customer-centric, offering distinctive features.
IPO OVERVIEW:
• Issue Size: ₹55.98 crores
• Number of Shares: 27.99 lakh shares
• Price Band: ₹190 to ₹200 per share
• Minimum Lot Size: 600 shares
Key Details:
• Book Running Lead Manager: Cumulative Capital Private Limited
• Registrar: Bigshare Services Pvt Ltd
• Market Maker: Shree Bahubali Stock Broking
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Pelatro Limited IPO, GMP, Details, Price, and Review
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | 200 | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Pelatro Limited IPO, GMP, Details, Price, and Review Details
| Detail | Description |
|---|---|
| IPO Date | September 16, 2024 to September 19, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹190 to ₹200 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 2,799,000 shares (aggregating up to ₹55.98 Cr) |
| Fresh Issue | 2,799,000 shares (aggregating up to ₹55.98 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 7,607,663 |
| Shareholding post issue | 10,406,663 |
| Market Maker portion | 140,400 shares |
Pelatro Limited IPO, GMP, Details, Price, and Review Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Monday, September 16, 2024 |
| IPO Close Date | Thursday, September 19, 2024 |
| Basis of Allotment | Friday, September 20, 2024 |
| Initiation of Refunds | Friday, September 20, 2024 |
| Credit of Shares to Demat | Monday, September 23, 2024 |
| Listing Date | Tuesday, September 24, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 19, 2024 |
Pelatro Limited IPO, GMP, Details, Price, and Review 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 Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the offer |
| Retail Shares Offered | Not less than 35.03% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Pelatro Limited IPO, GMP, Details, Price, and Review Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 73.31% | 53.59% |
Pelatro IPO Anchor Investors Details
| Bid Date | September 13, 2024 |
| Shares Offered | 781,800 |
| Anchor Portion Size (In Cr.) | 15.64 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 20, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 19, 2024 |
Company & Financials
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.
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.
Pelatro IPO Review
The company is a customer-centric player that provides comprehensive customer engagement platforms globally. It marked steady growth on a standalone basis, but for consolidated FY24, it marked negative earnings due to a small contribution from a subsidiary and other accounting adjustments. Based on standalone FY24 numbers, the issue appears to be relatively aggressively priced. It is poised for bright prospects ahead. Well-informed investors may park moderate funds for the medium to long term.
Competitive Strength:
- ● Proprietary technology development and testing capabilities
- ● In-depth specialist knowledge
- ● End-to-end platform
- ● Highly referenceable customers
- ● An 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 platform
- ● Growth-oriented, global customer base
- ● Patented technology
- ● Experienced and dedicated key management personnel
Pelatro Limited IPO, GMP, Details, Price, and Review Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fiscal 2024 (Consolidated) | 5,780.92 | 5,536.54 | -195.62 | 1,202.89 | 1,867.58 | |||||||||||||||||||||||||||||||||||
| Fiscal 2024 (Standalone) | 5,109.97 | 5,915.34 | 541.46 | 1,943.22 | 1,867.58 | |||||||||||||||||||||||||||||||||||
| Fiscal 2023 (Standalone) | 3,080.04 | 4,905.08 | 463.88 | 1,324.79 | 1,347.86 | |||||||||||||||||||||||||||||||||||
| Fiscal 2022 (Standalone) | 1,684.50 | 4,088.01 | 357.03 | 855.92 | 512.87 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | -15.48% |
| ROCE | 3.85% |
| Debt/Equity | 1.55 |
| RoNW | -15.48% |
| P/BV | 11.64 |
| PAT Margin (%) | -3.56 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | -2.57 | -1.88 |
| P/E (x) | -77.78 | -106.4 |
RHP:
DRHP:
Frequently asked Questions (FAQs )
-
What is Pelatro IPO?
Pelatro IPO is a SME IPO. The company is going to raise ₹55.98 Crores via IPO. The issue is priced at ₹190 to ₹200 pr equity share. The IPO is to be listed on NSE.
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When Pelatro IPO will open for subscription?
The IPO is to open on September 16, 2024 for QIB, NII and Retail Investors. The IPO will close on September 19, 2024.
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What is Pelatro IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15% and Retail is 35%.
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What is Pelatro IPO Issue Size?
Pelatro IPO issue size is ₹55.98 crores.
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What is Pelatro IPO Price Band?
Pelatro IPO Price Band is ₹199 to ₹200.
