Pelatro

Pelatro Limited - IPO

SME

Pelatro Stock Price

396.10 A2ZIPO
-16.65 (-4.03%)
12 Jun, 2025 02:47:29 PM | All Prices in ₹
Previous Close
412.75
Open
414.00
High
414.70
Low
396.10
Exchange
NSE
52 week High (30 Dec 2024)
559.90
52 week Low (09 Oct 2024)
263.00
Upper Price Band
495.30
Lower Price Band
330.20
Price Band
20.00%
All Prices in ₹
Previous Close
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Open
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High
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Low
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Exchange
BSE
52 week High
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52 week Low
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Upper Price Band
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Lower Price Band
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Pelatro IPO Details

Open Date
16 Sep 2024
Close Date
19 Sep 2024
Listing Date
24 Sep 2024
Issue Price
₹190 - ₹200
Face Value
₹10 per share
Lot Size
600
GMP
₹0
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
7607663
Share holding post issue
10406663
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)
Offer for Sale
-

Pelatro IPO Subscription

Pelatro IPO Application Wise Breakup

Pelatro IPO Dates

  • 16 Sep 2024
    Opening dateOPD
  • 19 Sep 2024
    Closing dateCOD
  • 20 Sep 2024
    Basis of AllotmentBOA
  • 20 Sep 2024
    Initiation of RefundsIOR
  • 23 Sep 2024
    Credit of SharesCOS
  • 24 Sep 2024
    Listing dateLID

Pelatro IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum1600₹120,000
Retain Maximum1600₹120,000
HNI Minimum21200₹240,000

Pelatro IPO Reservation

Promoter Holding

Pre Issue:73.31%
Post Issue:53.59%
Promoter Names:
Subash Menon, Sudeesh Yezhuvath, Kiran Menon, Varun Menon

Documents

Pelatro IPO Valuations

ROE:-15.48%
ROCE:3.85%
Debt/Equity:1.55
RoNW:-15.48%
P/BV:11.64
PAT Margin (%):-3.56
EPS Pre IPO:-2.57
EPS Post IPO:-1.88
P/E Pre IPO:-77.78
P/E Post IPO:-106.4

Pelatro Limited Financial Information

Period Ended31 Mar 2024
Assets5,780.92
Revenue5,536.54
Profit After Tax-195.62
Net Worth1,202.89
Reserves and Surplus502.89
Total Borrowing1,867.58
Amount in ₹ Lakhs

About Pelatro IPO

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.

Strength Of Pelatro IPO

1. In-house technology development and testing capabilities.

2. Deep Domain Expertise.

3. End to End Platform.

4. Highly Referenceable Customers.

5. Our platform has a prominent position in various markets, a high growth market with substantial barriers to entry.

6. Profitable, low-cost business model built on an asset light, automated and scalable platform.

7. Growth driven, global customer base.

8. Patented Technology.

9. Experienced and dedicated Key Management Personnel, who are ably supported by our other employees.

Risk Of Pelatro IPO

1. We are substantially dependent upon customers renewing their subscriptions to, and expanding their use of, our platform to maintain and grow our revenue, which requires us to scale our platform infrastructure and business quickly enough to meet our customers' growing needs. If we are not able to grow in an efficient manner, our business, financial condition and results of operations could be harmed.

2. We are dependent on a small set of products, and the failure to achieve continued market acceptance of our products could cause our results of operations to suffer.

3. If our platform fails to perform properly or there are defects or disruptions in the rollout of our platform updates or enhancements, our reputation could be adversely affected, our market share could decline, and we could be subject to liability claims.

4. Our sales cycle with large enterprise customers can be long and unpredictable, and our sales efforts require considerable time and expense.

5. Our business depends on our ability to send consumer engagement messages, including emails, SMS and mobile and web notifications, and any significant disruption in service with our third-party providers or on mobile operating systems could result in a loss of customers or less effective consumer-brand engagement, which could harm our business, financial condition and results of operations.

6. We depend on our long term customers for a significant portion of our revenue, and any decrease in revenues or sales from any one of such key customers may adversely affect our business and results of operations.

7. We operate in limited geographies for a significant portion of our revenue and also depends on limited number of customers for our revenue from operations. Projects in new geographies may not be as profitable as in existing geographies.

8. We may need to reduce prices or change our pricing model to remain competitive.

9. We anticipate that our operations will continue to increase in complexity as we grow, which will create management challenges.

10. If we are unable to attract new customers and renew existing customers, our business, financial condition and results of operations will be adversely affected.

Objectives Pelatro IPO

  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.

Company Contact Details

Pelatro Limited
No. 403, 7th A Main,
1st Block HRBR Layout,
Bangalore - 560 043
Phone: +91 80 4903 3200
Email: company.secretary@pelatro.com
Website: http://www.pelatro.com/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

Lead Mangers

  1. Cumulative Capital Private Limited

Market Maker

  1. Shree Bahubali Stock Broking

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