Pelatro Ltd

Pelatro Ltd IPO

IPO Price Range: ₹190 - 200

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.

Min Investment

₹1,20,000

IPO Size

₹55 Cr

IPO Status

Closed

Quantity in 1 Lot

600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Pelatro Ltd

Open Date16 Sep 2024
Close Date19 Sep 2024
Allotment Date20 Sep 2024
Listing Date24 Sep 2024

Key Statistics

Bid Opening DateBid Opening Date16 Sep 2024
Bid Closing DateBid Closing Date19 Sep 2024
Allotment DateAllotment Date20 Sep 2024
Issue SizeIssue Size₹55.98Cr
Quantity in 1 lotQuantity in 1 lot600

Strength and risks

Strength

Strength

  • Growth driven, global customer base.

  • Patented Technology.

  • Experienced and dedicated Key Management Personnel, who are ably supported by our other employees.

  • 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.


Risk

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 companys 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.

  • The companys sales cycle with large enterprise customers can be long and unpredictable, and its sales efforts require considerable time and expense.

  • Its business depends on the companys ability to send consumer engagement messages, including emails, SMS and mobile and web notifications, and any significant disruption in service with its third-party providers or on mobile operating systems could result in a loss of customers or less effective consumer-brand engagement, which could harm its business, financial condition and results of operations.

  • The company depends on its long term customers for a significant portion of the companys revenue, and any decrease in revenues or sales from any one of such key customers may adversely affect its business and results of operations.

  • If the Company or its Subsidiary are unable to protect its intellectual property, or if the Company infringes on the intellectual property rights of others, its business may be adversely affected. Further, the Company uses the patents registered in the name of its wholly owned subsidiary, Pelatro Pte. Ltd., therefore faces the risk of imposition of restriction in its usage.

  • The company operates in limited geographies for a significant portion of its revenue and also depends on limited number of customers for its revenue from operations. Projects in new geographies may not be as profitable as in existing geographies.

  • Its Group Company, Pelatro Limited (U.K.) may have conflict of interest with it at it is engaged in similar business and may compete with the company.

  • Its Subsidiary, Pelatro Pte. Ltd. may have conflict of interest with the company as it is engaged in similar business and may compete with it.

Promoters Holding

Investors Holdings %
Subash Menon0%
Sudeesh Yezhuvath16.62%
Kiran Menon28.61%
Varun Menon28.08%

About Pelatro Ltd

OrganisationPelatro Ltd
HeadquartersBangalore
IndustryIT - Software

Frequently Asked Questions

  • What is the size of the Pelatro Ltd IPO?

    The size of the Pelatro Ltd IPO is ₹55.98Cr .

  • What is 'pre-apply' for Pelatro Ltd IPO?

    'Pre-apply' for Pelatro Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Pelatro Ltd IPO order be placed?

    Your Pelatro Ltd IPO order will be placed on 16 Sep 2024.

  • What are the open and close dates of the Pelatro Ltd IPO?

    The open and close dates of the Pelatro Ltd IPO are 16 Sep 2024 to 19 Sep 2024.

  • What is the lot size and minimum order quantity of the Pelatro Ltd IPO?

    The lot size and minimum order quantity of the Pelatro Ltd IPO are 600 and 600 respectively.

  • What would be the listing gains on the Pelatro Ltd IPO?

    The potential listing gains on the Pelatro Ltd IPO will depend on various market factors and cannot be predicted with certainty.