Pelatro Limited IPO, GMP, Details, Price, and Review IPO 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 | 27,99,000 shares (aggregating up to ₹ 55.98 Cr) |
| Fresh Issue | 27,99,000 shares (aggregating up to ₹ 55.98 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 76,07,663 |
| Shareholding post issue | 1,04,06,663 |
| Market Maker portion | 1,40,400 shares |
About 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
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 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.
Pelatro Limited IPO, GMP, Details, Price, and Review Financial Information
Latest Revenue
5,536.54
₹ Crore
Profit After Tax
-195.62
₹ Crore
Net Worth
1,202.89
₹ Crore
Total Borrowing
1,867.58
₹ Crore
| Period Ended | Assets | Revenue From Operations | 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 | |||||||||
Pelatro Limited IPO, GMP, Details, Price, and Review 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 |
Frequently Asked Questions
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Competitive Strengths
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 IPO Timeline
| 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 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹120,000 |
| Retail (Max) | 1 | 600 | ₹120,000 |
| HNI (Min) | 2 | 1,200 | ₹240,000 |