Pelatro Limited (NSE SME)

Sep 16, 2024 - Sep 19, 2024

Price ₹190 - ₹200
Premium ₹0
Lot size 600
Allotment Sep 20, 2024
Listing Sep 24, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 600 120000 1522
HNI 2 1200 240000 654

Last updated on 19-Sep-2024 18:37:27

CategoryOfferedAppliedTimes
QIB521400793380015.22
NIB3924002184900055.68
RETAIL9132001192440013.06
Total18270004170720022.83
Retail Apps19874© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹14.95
@8%
₹17.09
@9%
₹19.22
@10%
₹21.36
@11%
₹23.49
@12%
₹25.63
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail32.63%913200
NII (HNI)14.02%392400
Anchor27.93%781800
QIB18.63%521400
Employee1.78%49800
Market Maker5.02%140400
Total 100.00%2799000

Pelatro IPO Details

Issue Size2,799,000 shares
(aggregating up to ₹55.98 Cr)
Fresh Issue2,799,000 shares
(aggregating up to ₹55.98 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue7,607,663
Share holding post issue10,406,663
Market Maker portion140,000 shares
Shree Bahubali Stock Broking 

Key Performance Indicators

KPIMar-24
ROE-15.48%
ROCE3.85%
D/E1.55
RONW-15.48%
EPS-2.57%
P/E
Pre IPO
-77.78
P/E
Post IPO
-106.40

Company Financials

Pelatro Limited Financial Information (Restated Consolidated)

PeriodMar 2024
Assets5,780.92
Revenue5,536.54
Profit-195.62
Net Worth1,202.89
Reserves537.22
Borrowing1,867.58
Amount in ₹ Lakhs

About Company

Pelatro Limited provides the mViva customer engagement platform, which enables companies to enhance customer interactions through data analytics and intelligence gathering. Its core solutions include Campaign Management, Loyalty Management, Lead Management, and Data Monetization. By May 31, 2024, mViva was deployed across 38 telecom networks in 30 countries, with clients in telecoms, banking, and financial sectors. The company is known for its proprietary technology, scalable business model, and experienced management. It employs 296 people and has a strong global presence.

Lead Manager(s)

Cumulative Capital Private Limited

Strength

Customer Retention and Long-Term Contracts: Pelatro has a strong track record of retaining its key customers through long-term subscription-based contracts.

Revenue Growth: The company has shown consistent revenue growth, with revenue increasing from ₹40.75 crore in FY 2022 to ₹54.99 crore in FY 2024.

Product Innovation: Pelatro continues to innovate and expand its product offerings, catering to a growing demand for precision marketing solutions.

Weakness

Dependence on Key Customers: A significant portion of revenue is derived from a few long-term clients, making the company vulnerable to any changes in these relationships.

Debt Levels: With a rising debt-to-equity ratio (1.55 in FY 2024), the company faces potential financial risk if interest rates increase or cash flows decline.

Profitability Concerns: A negative return on equity (-15.48% in FY 2024) and declining profit margins suggest financial strain and possible challenges in maintaining profitability.

Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html