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Pelatro IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Bangalore and caters to Information Technology sector. Cumulative Capital Private is the merchant banker of Pelatro IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th June 2024.
Pelatro IPO open date is 16th September 2024 and close date is 19th September 2024. IPO Allotment Date is 20th September 2024 and Listing date is 24th September 2024.Pelatro IPO size is Rs 55.98 Cr. crores with IPO price of Rs 200.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Cumulative Capital Private Limited is the book-running lead manager of the Pelatro IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shree Bahubali Stock Broking Limited for Pelatro IPO.
Pelatro IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Aegis Investment Fund | 199,800.00 | ₹200.00 | ₹39,960,000.00 |
| SB OPPORTUNITIES FUND | 193,200.00 | ₹200.00 | ₹38,640,000.00 |
| Vikasa India EIF | 150,000.00 | ₹200.00 | ₹30,000,000.00 |
| Rajasthan Global Securities | 71,400.00 | ₹200.00 | ₹14,280,000.00 |
| Universal Golden Fund | 167,400.00 | ₹200.00 | ₹33,480,000.00 |
Pelatro IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Pelatro IPO, based in Bangalore, operates in the Information Technology sector with a focus on comprehensive customer engagement platform, mViva. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Pelatro IPO size is ₹ 55.98 Cr. Crores with fresh issue size of Rs 55.98 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Pelatro IPO is expected to be 20th September 2024, after the finalization of basis of allotment. Investors can check Pelatro IPO allotment status on the registrars website, Bigshare Services Private Limited. Pelatro IPO refund dates are 20th September 2024.
Pelatro IPO is expected to be listed on 24th September 2024.
The upper price band for the Pelatro IPO is set at ₹ 200.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Pelatro IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Pelatro IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th September 2024. After submission, funds are blocked until the basis of allotment of Pelatro IPO is finalised.
The merchant banker for Pelatro IPO is Cumulative Capital Private Limited . Cumulative Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Pelatro IPO RHP for further details.
The registrar for Pelatro IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Pelatro IPO through their official website or helpline.
Pelatro IPO was subscribed 21.94 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 55.98 Cr.
Avg IPO Size (Sector Based)
:
₹ 24.57 Cr.
Sector: Information Technology
SME IPO so far:
16
Merchant Banker:
Cumulative Capital
SME IPO by BRLM so far:
47
City:
Bangalore
SME IPO so far:
27
Revenue (annualised):
₹ 0.55 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 17.78x
Pelatro IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Pelatro Financial Review Page
Merchant Banker(s) of Pelatro IPO: Cumulative Capital Private Limited
Pelatro IPO subscription was 21.94 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Pelatro IPO listed at a listing price of 288.75 against the offer price of 200.00.
The current market price of Pelatro is 332.05.
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