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.
On May 31, 2024, the company employed 296 people.
Pelatro IPO – Details
| IPO Opening Date | 16 September 2024 |
| IPO Closing Date | 19 September 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 27,99,000 Shares Worth ₹55.98 Crore Fresh Issue: 27,99,000 Shares Worth ₹55.98 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹190 – ₹200 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Pelatro IPO – Date Schedule
| IPO Open Date | 16 September 2024 |
| IPO Close Date | 19 September 2024 |
| Basis of Allotment | 20 September 2024 |
| Initiation of Refund | 23 September 2024 |
| Credit of Shares to Demat Account | 23 September 2024 |
| IPO Listing Date | 24 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 19, 2024 |
Pelatro IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,20,000 |
| Retail (Max) | 1 | 600 | ₹1,20,000 |
| HNI (Min) | 2 | 1,200 | ₹2,40,000 |
Competitive Strengths
- In-house technology development and testing capabilities.
- Deep Domain Expertise.
- End to End Platform.
- Highly Referenceable Customers.
- The platform has a prominent position in various markets, a high growth market with substantial barriers to entry.
- Profitable, low-cost business model built on an asset light, automated and scalable platform.
- Growth driven, global customer base.
- Patented Technology.
- Experienced and dedicated Key Management Personnel, who are ably supported by the other employees.
Company Promoters
- Subash Menon
- Sudeesh Yezhuvath
- Kiran Menon
- Varun Menon
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | 55.36 | 55.34 | -1.95 | 18.67 |
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 |
Object Of The Issue
- Funding capital expenditure requirement of our company towards; Purchase & Installation of IT equipment, computer hardware, server, and other ancillary equipment;
- Investment in the subsidiary;
- Funding the working capital needs of the company; and
- General corporate purposes.
Pelatro IPO Promoter Holding
| Pre Issue Share Holding | 73.31% |
| Post Issue Share Holding | 53.59% |
Pelatro IPO Prospectus
Company Contact Information
| Pelatro Limited No. 403, 7th A Main, 1st Block HRBR Layout, Bangalore – 560 043 Phone: +91 80 4903 3200 Email: hello@pelatro.com Website: http://www.pelatro.com/ |
Pelatro IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Pelatro IPO Lead Manager(s)
| 1. Cumulative Capital Private Limited |
Pelatro IPO FAQs
| What is Pelatro IPO? Pelatro IPO is a SME IPO. The issue is priced at ₹190 and ₹200 per equity share. The IPO is to be listed on NSE SME. |
| When Pelatro IPO will open? The IPO is to open on 16 September 2024 for QIB, NII, and Retail Investors. |
| What is Pelatro IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Pelatro IPO? You can apply Pelatro IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Pelatro IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Pelatro IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Pelatro IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Pelatro IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Pelatro IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Pelatro IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Pelatro IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Pelatro IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Pelatro IPO Size? Pelatro IPO size is ₹55.98 Crore. |
| What is Pelatro IPO Price Band? Pelatro IPO Price Band is ₹190 – ₹200. |
| What is Pelatro IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 600 Shares with ₹1,20,000 amount while the maximum bid is 600 Shares with ₹1,20,000. |
| What is the Pelatro IPO Allotment Date? Pelatro IPO allotment date is 20 September 2024. |
| What is the Pelatro IPO Listing Date? Pelatro IPO listing date is 24 September 2024. The IPO is to be listed on NSE SME. |
