Pelatro Limited IPO (Pelatro IPO) Detail, IPO Date, Price, GMP & Allotment 2024

Pelatro Limited IPO Overview

Pelatro Limited IPO Important dates

Pelatro IPO opens on September 16, 2024, and closes on September 19, 2024.

Pelatro Limited Financial Performance

Pelatro Limited IPO Key Performance Indicator

The market capitalization of Pelatro IPO is Rs 208.13 Cr.

KPI as of March 31, 2024.

Pelatro Limited IPO Objectives

The company intends to utilize the proceeds of the issue to meet the following objectives:

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.

Pelatro Limited IPO Lot Size

Investors can bid for a minimum of 600 shares and in multiples thereof. The table below depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amounts.

Pelatro Limited IPO Details

Pelatro Limited Company Overview and Services

Pelatro Limited offers a robust customer engagement platform, mViva, designed to enhance customer-centric interactions between brands and their end users. The platform enables businesses to gain a deep understanding of customer behavior and needs, improving overall engagement and satisfaction. mViva provides comprehensive capabilities, including data collection, analytics, intelligence gathering, audience segmentation, configuration, execution, and detailed reporting.

Pelatro’s core product portfolio includes Campaign Management Solutions, Loyalty Management Solutions, Lead Management Solutions, and Data Monetization Solutions. As of May 31, 2024, the platform has been deployed or is under implementation across 38 telecom networks in 30 countries, including India. This includes 16 networks in Asia, 5 in the Middle East, 15 in Africa, 1 in the Caribbean, and 1 in Europe. The company primarily serves telecommunications companies and their subsidiaries worldwide and is expanding its focus to include banks and financial institutions.

Competitive Strengths:

• Proprietary technology and robust development capabilities.
• Specialized expertise in customer engagement.
• End-to-end platform with high scalability.
• Strong references from a global client base.
• Strong market position with high barriers to entry.
• Profitable and cost-effective business model utilizing an asset-light, automated platform.
• Focus on growth with a diverse, global customer base.
• Patented technology for competitive advantage.
• Experienced and skilled management team.

As of May 31, 2024, Pelatro Limited has a workforce of 296 employees, demonstrating its commitment to innovation and customer success.

Pelatro Limited IPO SWOT Analysis

Strengths:

1. Niche Expertise: Pelatro specializes in providing precision marketing software for telecom companies, offering a unique value proposition with its focus on customer engagement and data analytics.
2. Strong Client Base: The company has established relationships with major telecom operators worldwide, ensuring a steady revenue stream and opportunities for cross-selling.
3. Innovative Product Portfolio: Pelatro’s software suite, including multi-channel campaign management and customer data platforms, is well-regarded for its innovation and effectiveness.

Weaknesses:

1. Dependence on the Telecom Sector: Heavy reliance on the telecom industry makes Pelatro vulnerable to sector-specific risks, such as regulatory changes or market slowdowns.
2. Limited Market Presence: As a relatively small player, Pelatro faces challenges in brand recognition and market penetration compared to larger, more established competitors.

Opportunities:

1. Growth in Data Analytics: Increasing demand for data-driven decision-making provides growth opportunities for Pelatro’s analytics and marketing solutions.
2. Expansion into New Markets: Pelatro has the potential to expand its offerings to new geographical markets and industry verticals beyond telecom.

Threats:

1. Competitive Market: The market for telecom software solutions is highly competitive, with larger players offering similar products, which could pressure margins.
2. Technological Advancements: Rapid technological changes may require continuous innovation, increasing R&D costs and potential obsolescence risks.

Pelatro Limited IPO GMP Details

GMP for Pelatro  SME IPO has not started yet.

Pelatro Limited IPO subscription status 

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Pelatro Limited IPO Allotment status 

The allotment status of Pelatro IPO is expected to be available on September 20, 2024.

Pelatro IPO allotment status is not available at this time. Pelatro IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Pelatro Limited IPO allotment status.

To check Pelatro IPO allotment status, follow the steps below:

1. Click on the below allotment status check button.
2. Select Company Name.
3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Bigshare Services Pvt Ltd either by phone or email. Investors can call +91-22-6263 8200 or send an email with all relevant details to ipo@bigshareonline.com.

Pelatro Limited Contact Details

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/

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Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.