Pelatro Ltd
Price Range
₹190 - ₹200
Min. Quantity
600
Closes on
19 September 2024
Min. investment
₹1,20,000/600 Shares
Pelatro Ltd IPO Timeline
Pelatro Limited was incorporated on March 21, 2013 as Kivar Infotech Private Limited', a Private Limited Company, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Karnataka. Subsequently, the name of Company was changed to Pelatro Solutions Private Limited' and a fresh Certificate of Incorporation dated November 5, 2014 was issued by the Registrar of Companies, Bangalore. Again, the name changed to Pelatro Private Limited' dated November 10, 2023. Further, the Company got converted into a Public Limited Company and the name of Company was changed to Pelatro Limited' and a fresh Certificate of Incorporation dated May 29, 2024 was issued by the Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| Pelatro Ltd IPO Opening Date | 16 September 2024 |
| Pelatro Ltd IPO Closing Date | 19 September 2024 |
| Basis of Allotment | 20 September 2024 |
| Initiation of Refunds | 20 September 2024 |
| Credit of Shares to Demat | 23 September 2024 |
| Pelatro Ltd IPO Listing Date | 24 September 2024 |
Pelatro Ltd IPO Details
| Pelatro Ltd IPO Date | 16 September 2024 to 19 September 2024 |
| Pelatro Ltd IPO Face Value | ₹10 per share |
| Pelatro Ltd IPO Price | ₹190 to ₹200 per share |
| Pelatro Ltd IPO Lot Size | 600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹55.98 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹55.98 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Subash Menon, Sudeesh Yezhuvath, Kiran Menon |
Pelatro Ltd IPO Lot Size
The Pelatro Ltd IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹1,20,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 600 | ₹1,20,000 |
| Maximum | 1 | 600 | ₹1,20,000 |
- Strengths
- Risks
- Opportunities
- In-house technology development and testing capabilities.
- Deep Domain Expertise.
- End to End Platform.
- Highly Referenceable Customers.
- Its 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 our other employees.
Company Financials
Pelatro Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 51.1 | 59.15 | 5.41 |
| 03-2023 | 30.8 | 49.05 | 4.64 |
| 03-2022 | 16.84 | 40.88 | 3.57 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure requirement of the company
- Investment in its aubsidiary
- Funding working capital needs of the company
- General corporate purposes
Pelatro Ltd IPO Promoter Holding
| Pre Issue Share Holding | - |
| Post Issue Share Holding | - |
Pelatro Ltd IPO Subscription Status (Bidding Detail)
The Pelatro Ltd IPO is subscribed 20.7011 times on 19 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 20.7011 |
Pelatro Ltd IPO Prospectus
Pelatro Ltd IPO Listing Date
| Listing Date | 24 September 2024 |
| BSE Script | 93281 |
| NSE Symbol | PELATRO |
| Listing In | NSE - SME |
| ISIN | INE0VG601013 |
| IPO Price | ₹200 |
| Face Value | ₹10 |
Company Contact Information
No. 403 7th A Main 1st BlockHRBR Layout,Bangalore-560043
Phone: +91 80 4903 3200
Email: company.secretary@pelatro.com
Website: www.pelatro.com
Pelatro Ltd IPO Registrar
Pelatro Ltd IPO Lead Manager(s)
- Cumulative Capital Pvt Ltd
FAQ
What is the issue size of Pelatro Ltd IPO?
I have pre-applied for Pelatro Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.