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Pelatro IPO
Price Band
₹190.0–200.0
Issue Size
₹55.98 Cr
Lot Size
600 shares
Min Investment
₹120,000
GMP
—
Issue Price
₹200.0
Pelatro IPO AI Summary
- Pelatro IPO is listed on NSE SME in the Web based media and service sector.
- Price band: ₹190.0–₹200.0 per share, lot size 600 shares (min. investment ₹120,000).
- Subscription window: 16 Sep–19 Sep 2024, listing on 24 Sep 2024.
Pelatro Limited is entering the market with an IPO aimed at raising ₹55.98 Cr to fund various corporate needs while facing challenges in terms of profitability. Investors should carefully consider the company's financial metrics and market position before participating.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Pelatro IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 19 Sep 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Pelatro IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
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 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 On May 31, 2024, the company employed 296 people.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 |
|---|---|
| Assets | 57.81 |
| Total Income | 55.37 |
| Profit After Tax | -1.96 |
| NET Worth | 12.03 |
| Reserves and Surplus | 5.03 |
| Total Borrowing | 18.68 |
Key Ratios
EPS
₹-2.57
NAV
₹17.18
ROE
-15.48%
ROCE
3.85%
RoNW
-15.48%
P/B Value
11.64
P/E Ratio
-77.78
Market Cap
₹208.13 Cr
PAT Margin
-3.56%
Debt/Equity
1.55
Peer Comparison
| Company | NAV | RoNW | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| Pelatro Limited This IPO | 17.18 | -15.48% | 13.25 | 13.25 |
Promoters
Subash Menon, Sudeesh Yezhuvath, Kiran Menon and Varun Menon
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirement of the company towards; Purchase & Installation of IT equipment, computer hardware, server and other ancillary equipment 10.12 2 Investment in our subsidiary 10.00 3 Funding working capital needs of our company; 15.00 4 General corporate purposes 13.86
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
For the period ending 31 Mar 2024, Pelatro reported a total income of ₹55.37 Cr.
Profit Trend
The profit after tax for the period ending 31 Mar 2024 was a loss of ₹1.96 Cr.
Grey Market Premium, Explained
The grey market refers to unofficial trading of shares before they are listed on the stock exchange. It provides an indication of the potential listing price based on demand and supply dynamics. Investors should be cautious as grey market prices can be volatile and do not guarantee actual market performance post-listing.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential and market position. It's essential to consider the company's financial health and market conditions before making a decision.
Who May Want to Wait
Investors who prefer stable and profitable companies may want to avoid this IPO due to Pelatro's current negative earnings and return metrics.
IPO Timeline, Explained
The IPO opens for subscription on September 16, 2024, and closes on September 19, 2024. Allotment of shares will occur on September 20, 2024, with the listing date set for September 24, 2024.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are sold on the first day of trading. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the shares. Investors should be aware of the risks involved in relying on listing-day performance.
This evaluation is generated from Pelatro's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Pelatro IPO?
The price band of Pelatro IPO is ₹190.0–₹200.0 per share.
When does Pelatro IPO open and close?
Pelatro IPO opens on 16 September 2024 and closes on 19 September 2024.
When does Pelatro IPO list on the stock exchange?
Pelatro IPO listed on 24 September 2024 at ₹200.0.
What is the lot size for Pelatro IPO?
The lot size for Pelatro IPO is 600 shares, requiring a minimum investment of ₹120,000.
What is the price band for the IPO?
The price band for the IPO is ₹190.0 to ₹200.0.
What is the minimum investment required?
The minimum investment required is ₹120,000.
What is the lot size for this IPO?
The lot size for this IPO is 600 shares.
When does the IPO open and close?
The IPO opens on September 16, 2024, and closes on September 19, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount of the IPO shares in the grey market before they are officially listed.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
16 Sep 2024
Close
19 Sep 2024
Allotment
20 Sep 2024
Listing
24 Sep 2024
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