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Pelatro IPO: Things Smart Investors Need to Know

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Pelatro Limited is a global provider of customer engagement solutions, specializing in precision marketing and data analytics, primarily serving the telecom industry. The company offers an innovative multi-channel campaign management solution that helps telecom operators engage their customers more effectively. With a strong presence in emerging markets, Pelatro has positioned itself as a key player in the growing telecom analytics sector. This IPO presents an opportunity for investors to participate in a company that has demonstrated strong growth and has a competitive edge in the telecom space.

Pelatro's core business lies in helping telecom operators maximize customer engagement through data-driven marketing. This specialized niche, coupled with the rising demand for data analytics in the telecom industry, positions Pelatro for continued growth in the coming years.

Pelatro IPO Details and Objectives

The primary objectives of the Pelatro IPO are to raise capital to fund specific needs essential for the company's growth and operational efficiency. The proceeds from the IPO will be used for the following purposes:

Purchase and Installation of IT Equipment: Pelatro plans to utilize a portion of the funds for purchasing and installing IT equipment, computer hardware, servers, and other necessary ancillary equipment to improve its technological infrastructure.

Investment in Subsidiary: The company will also invest a part of the funds into its subsidiary to support expansion and operational growth.

Working Capital Needs: Another portion of the proceeds will be used to fund the working capital requirements of the company, ensuring smooth day-to-day operations.

General Corporate Purposes: Lastly, the company will allocate some of the funds for general corporate purposes, helping to maintain flexibility in its business operations.

These objectives are aimed at strengthening Pelatro’s position in the market and enhancing its operational capabilities, paving the way for future growth.  

Key Dates to Remember

  • Pelatro IPO Opening Date: Monday, September 16, 2024
  • Pelatro IPO Closing Date: Thursday, September 19, 2024
  • Basis of Allotment: Friday, September 20, 2024
  • Initiation of Refunds: Friday, September 20, 2024
  • Credit of Shares to Demat: Monday, September 23, 2024
  • Listing Date: Tuesday, September 24, 2024
  • Cut-off Time for UPI Mandate Confirmation: 5 PM on September 19, 2024

Pricing and Lot Size of Pelatro IPO

  • IPO Date: September 16, 2024 to September 19, 2024
  • Face Value: ₹10 per share
  • Price Band: ₹190 to ₹200 per share
  • Lot Size: 600 shares, meaning investors must apply for a minimum of 600 shares, and applications must be made in multiples of this lot size.
  • Total Issue Size: 2,799,000 shares, aggregating up to ₹55.98 Cr
  • Fresh Issue: 2,799,000 shares, aggregating up to ₹55.98 Cr
  • Issue Type: Book Built Issue IPO
  • Listing At: NSE SME
  • Pre-Issue Shareholding: 7,607,663 shares
  • Post-Issue Shareholding: 10,406,663 shares

How to Apply for the Pelatro IPO?

Online Application Process: Investors can apply for the Pelatro IPO through their demat account by logging into the trading platform provided by their broker. Select the IPO from the available list, enter the number of shares you wish to apply for, and submit the application.

UPI and ASBA: Retail investors can also apply using UPI or the ASBA process, ensuring a seamless and secure application process. ASBA allows for blocking the application amount in your account until allotment.

Financial Health and Performance

Key Financial Metrics: As of March 31, 2024, Pelatro Limited reported total assets amounting to ₹5,780.92 lakhs. The company generated a revenue of ₹5,536.54 lakhs during the same period. However, the company recorded a loss, with a Profit After Tax (PAT) of ₹-195.62 lakhs.

Net Worth and Reserves: The net worth of Pelatro stood at ₹1,202.89 lakhs, supported by reserves and surplus of ₹502.89 lakhs.

Total Borrowings: The company had total borrowings amounting to ₹1,867.58 lakhs, indicating its reliance on debt for funding.

Despite the reported loss, Pelatro's revenue growth and strong asset base reflect its potential for recovery and expansion in the competitive telecom analytics space.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO: One of the key risks associated with investing in Pelatro is market volatility, which may impact its stock performance post-listing. Additionally, the company faces competition from other players in the telecom analytics space, which could affect its market share.

Opportunities and Growth Potential: The growing telecom sector and the increasing reliance on data-driven marketing solutions present significant growth opportunities for Pelatro. The company’s expansion into emerging markets further strengthens its growth outlook.

Conclusion

Pelatro IPO offers a unique investment opportunity in the telecom analytics space. With a strong focus on customer engagement and data analytics, Pelatro is well-positioned for future growth. Investors should carefully consider the company’s financial health and the industry outlook before making an investment decision.

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Frequently Asked Questions

What is the Pelatro IPO and why is it significant?

Answer Field

The Pelatro IPO is an opportunity for investors to participate in a company specializing in telecom marketing solutions. It is significant due to its focus on the rapidly growing telecom analytics industry.

What is the price band for the Pelatro IPO, and how was it determined?

Answer Field

The price band for the Pelatro IPO is set at ₹190 to ₹200 per share, determined based on the company’s financial performance and prevailing market conditions.

What are the key risks and rewards of investing in the Pelatro IPO?

Answer Field

Key risks include market volatility and competition, while rewards include potential growth in the telecom analytics sector and Pelatro’s strong market position.

When will the Pelatro IPO shares be listed, and what is the expected market response?

Answer Field

The Pelatro IPO shares are expected to be listed on September 24, 2024. The market response is anticipated to be positive, given the company’s growth prospects.

What documents should I review before investing in the Pelatro IPO?

Answer Field

Investors should review the red herring prospectus, financial statements, and risk factors before investing in the Pelatro IPO.

What are the lock-up period details for the Pelatro IPO?

Answer Field

The lock-up period for the Pelatro IPO prevents major shareholders from selling their shares for a specified time post-listing, which helps stabilize the stock price.

How will the Pelatro IPO impact existing shareholders?

Answer Field

The IPO may dilute the existing shareholders' stake, but it will provide increased liquidity and potential growth for the company, benefiting shareholders in the long run.

Will Pelatro IPO pay dividends?

Answer Field

The company’s dividend policy will depend on its future profitability and financial performance. No specific dividend plan has been announced for the Pelatro IPO yet 

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