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
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 521400 | 7933800 | 15.22 |
| NIB | 392400 | 21849000 | 55.68 |
| RETAIL | 913200 | 11924400 | 13.06 |
| Total | 1827000 | 41707200 | 22.83 |
| Retail Apps | 19874 | © 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 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 32.63% | 913200 |
| NII (HNI) | 14.02% | 392400 |
| Anchor | 27.93% | 781800 |
| QIB | 18.63% | 521400 |
| Employee | 1.78% | 49800 |
| Market Maker | 5.02% | 140400 |
| Total | 100.00% | 2799000 |
Pelatro IPO Details
| Issue Size | 2,799,000 shares (aggregating up to ₹55.98 Cr) |
| Fresh Issue | 2,799,000 shares (aggregating up to ₹55.98 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,607,663 |
| Share holding post issue | 10,406,663 |
| Market Maker portion | 140,000 shares Shree Bahubali Stock Broking |
Key Performance Indicators
| KPI | Mar-24 |
|---|---|
| ROE | -15.48% |
| ROCE | 3.85% |
| D/E | 1.55 |
| 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)
| Period | Mar 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 5,780.92 | |||||||||
| Revenue | 5,536.54 | |||||||||
| Profit | -195.62 | |||||||||
| Net Worth | 1,202.89 | |||||||||
| Reserves | 537.22 | |||||||||
| Borrowing | 1,867.58 | |||||||||
| 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.
Cumulative Capital Private Limited
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.
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.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html