Pelatro Ltd IPO
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Pelatro Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 27.99 L | TBA | ₹ 9.13 L | ₹ 55.77 L | NSE | ₹ 55.98 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
16 Sep, 24 | 19 Sep, 24 | 600 | ₹ 1,14,000 | Book Building - SME | 24 Sep, 24 |
Pelatro Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Computers - Software - Medium |
Sub Sector | Small |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 6.09x | 1303200 | 7933800 |
NII | 55.68x | 392400 | 21849000 |
Retail | 13.06x | 913200 | 11924400 |
Employee | 1.02x | 49800 | 51000 |
Total | 14.92x | 2799000 | 41758200 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Pelatro Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 9.64 | 8.63 | 7.06 |
EBITDA | 11.89 | 10.83 | 9.22 |
PAT | 5.41 | 4.64 | 3.57 |
Total Assets | 43.07 | 25.24 | 9.69 |
Share Capital | 7.00 | 0.10 | 0.10 |
Total Borrowings | 5.65 | 1.70 | 1.18 |
Operating Activities (Net Cash) | 7.66 | 6.84 | 5.73 |
Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
Financing Activities (Net Cash) | 5.65 | 1.70 | 1.18 |
Net Cashflow | 5.28 | 5.48 | 1.59 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Pelatro Ltd
Pelatro Limited (the Company or the Issuer) was incorporated on March 21, 2013 as `Kivar Infotech Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, Karnataka. Subsequently, pursuant to a resolution passed by its Board of Directors in their meeting held on August 1, 2014 and by its Shareholders in their Extraordinary General Meeting held on September 11, 2014, the name of the Company was changed to `Pelatro Solutions Private Limited' and a fresh certificate of incorporation pursuant to change of name dated November 5, 2014 was issued by the Registrar of Companies, Bangalore. Subsequently, pursuant to a resolution passed in the meeting of Board of Directors held on September 14, 2023 and a resolution passed by its Shareholders in their Extraordinary General Meeting held on October 13, 2023, the name of the Company was changed to `Pelatro Private Limited' and a fresh certificate of incorporation pursuant to change of name dated November 10, 2023 was issued by the Registrar of Companies, Bangalore. Further, the Company was converted into a public limited company pursuant to a resolution passed by its Board of Directors in their meeting held on March 5, 2024 and by its Shareholders in an Extraordinary General Meeting held on March 11, 2024 and consequently the name of the Company was changed to `Pelatro Limited' and a fresh certificate of incorporation consequent upon conversion to public company dated May 29, 2024 was issued by the Registrar of Companies, Central Processing Centre.
The telecommunication and BFSI customer engagement solutions market was valued at $7,029.961 million in 2023 and is estimated to reach $16,125.378 million by 2033, exhibiting a CAGR of 8.4% from 2024 to 2033. The telecommunications and BFSI (Banking, Financial Services, and Insurance) customer engagement market is characterized by a strategic focus on enhancing customer interactions through innovative technologies and personalized service offerings. In telecommunications, companies leverage AI-driven chatbots, virtual assistants, and 5G networks to deliver seamless communication experiences and proactive customer support. This sector prioritizes optimizing network performance and personalized marketing to enhance customer satisfaction and loyalty. In BFSI, customer engagement centers on providing secure and efficient financial services through digital platforms and mobile applications. AI and data analytics enable personalized financial advice, fraud detection, and targeted marketing campaigns tailored to individual customer needs. This sector emphasizes transparency, compliance with regulatory standards, and building long-term customer relationships. Both sectors face challenges such as data privacy concerns, regulatory complexities, and the need for continuous innovation to meet evolving customer expectations. However, strategic investments in technology integration and customer-centric strategies are driving growth opportunities. By prioritizing customer experience, leveraging data analytics, and embracing digital transformation, companies in the telecommunications and BFSI sectors can differentiate their offerings, improve operational efficiency, and foster sustainable business growth in a competitive market landscape.
Pelatro Limited is a global technology business and has developed a comprehensive Customer Engagement Platform, i.e., mViva that empowers customer-centric interactions between enterprises or brands and its end users. Its platform empowers enterprises to understand the behaviour and needs of its customers deeply with a view to enhance its engagement with end users. Its Customer Engagement Platform mViva collects and processes huge amounts of data for each enterprise on a daily basis across almost a billion consumers in 30 countries. mViva Customer Engagement Platform has various vertical solutions which are seamlessly integrated to form the platform, and offers products which include, Campaign Management Solution, Loyalty Management Solution, Lead Management Solution and Data Monetization Solution.
Peer Comparison:
- No Listed Industry Peers
Pelatro Ltd IPO Key Points
Strengths
- 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.
Risk
- The company is substantially dependent upon customers renewing their subscriptions to, and expanding their use of, its platform to maintain and grow its revenue, which requires it to scale its platform infrastructure and business quickly enough to meet the company's customers' growing needs. If the company is not able to grow in an efficient manner, its business, financial condition and results of operations could be harmed.
- The company is dependent on a small set of products, and the failures to achieve continued market acceptance of its products could cause the company results of operations to suffer.
- If the company platform fails to perform properly or there are defects or disruptions in the rollout of its platform updates or enhancements, the company reputation could be adversely affected, its market share could decline, and the company could be subject to liability claims.
Strategy
- Setting up a new office for centralising its operations.
- Geographic Expansion.
- Expansion of Recurring Revenue per Customer.
- Service Expansion.
- 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.
How To Apply for Pelatro Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.