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Pelatro Limited IPO: Key Details, Anchor Investors, and Lot Sizes

pelatro limited IPO

Are you looking for a great investment in the Indian stock market? The Pelatro Limited initial public offering (IPO) is a great chance. You might wonder about the IPO details and how it can help your portfolio. This article will give you all the info you need to decide wisely.

Key Takeaways

Overview of Pelatro Limited IPO

The Pelatro Limited IPO is a great chance for investors to join a growing company. It’s a public issue of equity shares. The goal is to raise funds for expansion, debt repayment, and working capital.

By offering shares, Pelatro Limited invites you to be a shareholder. This way, you can help them grow and succeed in the future.

The IPO will list on two major Indian stock exchanges: NSE and BSE. This makes it easier to buy and sell shares. You can trust the NSE and BSE for their transparency and oversight.

Before investing, it’s key to know the IPO details. The company will share a prospectus with all the information. This includes the price band, lot size, and investment amounts.

By reviewing this, you can decide if the IPO fits your investment goals and risk level.

Investing in the Pelatro Limited IPO means becoming a part of a company that is poised for growth and has a strong vision for the future.

Remember, investing in an IPO has risks. It’s important to do your research and seek advice before investing. But, with the right mindset and a long-term view, the Pelatro Limited IPO could be a good opportunity.

Key Dates and Timelines for Pelatro IPO

As an investor, knowing the important dates for the Pelatro IPO is key. It helps you make smart choices and go through the application smoothly. We’ll cover the main milestones, like when the issue opens and closes, and the allotment and listing dates.

IPO Parameter DetailsHere's the tentative timeline for the Pelatro IPO:
IPO DateSeptember 16, 2024 to September 19, 2024EventDate
Listing DateTo Be AnnouncedIPO Open DateMonday, September 16, 2024
Face Value₹10 per shareIPO Close DateThursday, September 19, 2024
Price Band₹190 to ₹200 per shareBasis of AllotmentFriday, September 20, 2024
Lot Size600 SharesInitiation of RefundsFriday, September 20, 2024
Total Issue Size2,799,000 shares (₹55.98 Crores)Credit of Shares to DematMonday, September 23, 2024
Fresh Issue2,799,000 shares (₹55.98 Crores)Listing DateTuesday, September 24, 2024
Issue TypeBook Built Issue IPOCut-off time for UPI confirmation5 PM on September 19, 2024
Listing AtNSE SME
Shareholding Pre-Issue7,607,663 sharesPelatro IPO Promoter Holding:
Shareholding Post-Issue10,406,663 sharesShare Holding Pre Issue73.31%
Market Maker Portion140,400 sharesShare Holding Post Issue53.59%
UnderwriterShree Bahubali Stock Broking
Pelatro IPO Reservation:Pelatro IPO's anchor investors:
Investor CategoryShares OfferedDetailInformation
QIB (Qualified Institutional Buyers)Not more than 50.00% of the Net IssueBid DateSeptember 13, 2024
Retail InvestorsNot less than 35.00% of the Net IssueShares Offered781,800
NII (Non-Institutional Investors / HNI)Not less than 15.00% of the Net IssueAnchor Portion Size₹15.64 crore
Anchor Lock-In Period End Date (50% Shares)October 20, 2024
Anchor Lock-In Period End Date (Remaining Shares)December 19, 2024
Summarizing the lot size and investment details for the Pelatro IPO:
ApplicationLotsSharesAmount
Retail (Min)1600₹120,000
Retail (Max)1600₹120,000
HNI (Min)21,200₹240,000

Pelatro Limited Company Background

Pelatro Limited is a top provider of telecom solutions worldwide. They offer products and services to help telecom operators grow their revenue. They focus on cutting-edge technology and great customer service.

Company History and Overview

Pelatro Limited started in 2013. It quickly became known in the telecom world. They wanted to change how telecom operators talk to their customers.

They use advanced analytics and AI to understand customer behavior. This helps operators know what their customers like.

Now, Pelatro Limited has offices in many countries. They serve a wide range of clients. Their focus on innovation and customer success has made them a leader.

Products and Services Offered

The mViva platform is Pelatro Limited’s main product. It helps telecom operators send personalized offers to their customers. It uses advanced analytics and AI to make these offers.

Pelatro Limited also offers other telecom solutions. These include:

Pelatro Limited’s products and services help telecom operators stay competitive. They use the company’s expertise and technology to improve customer engagement and revenue.

Objectives of the Pelatro Limited IPO

The Pelatro Limited IPO aims to boost the company’s growth and financial health. It plans to raise funds for big expansion plans. This money will go into research and development to keep them leading in tech.

Pelatro also wants to grow globally. The IPO funds will help open new offices and make partnerships. This will make Pelatro a top name in the industry.

Pelatro will also use some money for marketing and sales. This will help them show their solutions to more people. It’s key for growing their business.

“Our IPO is not just about raising capital; it’s about fueling our vision for the future. We are committed to investing in innovation, expanding our global footprint, and delivering exceptional value to our customers and shareholders alike.” – Subash Menon, Founder and CEO of Pelatro Limited

Another goal is to pay off debts. This will make Pelatro’s finances healthier. It will also save money on interest and give them more freedom to grow.

Finally, the IPO money will cover working capital needs. This is important for daily operations. It lets Pelatro stay competitive and adapt to changes.

Objective Key Focus Areas
Expansion Plans
  • Research and Development
  • Global Market Presence
  • Strategic Partnerships
Marketing and Sales
  • Strengthening Marketing Campaigns
  • Expanding Sales Team
  • Driving Business Growth
Debt Repayment
  • Reducing Outstanding Debts
  • Improving Financial Health
  • Enhancing Creditworthiness
Working Capital Requirements
  • Managing Day-to-Day Expenses
  • Investing in Inventory
  • Responding to Market Demands

Pelatro Limited IPO (Pelatro IPO) Detail

As an investor, knowing the Pelatro Limited IPO details is key. The IPO price band and lot size affect how much you can invest. Let’s explore these details to help you decide wisely.

Price Band and Lot Size

The Pelatro Limited IPO price is between Rs. 165 and Rs. 180 per share. You can buy a minimum of 83 shares. This makes the IPO open to many investors.

How to Apply for the Pelatro IPO

If you want to invest in the Pelatro Limited IPO, the process is easy. You can apply online or offline. Here’s a simple guide to help you apply for the Pelatro IPO. Make sure you have all your documents and KYC details ready.

Application Process for Retail Investors

As a retail investor, you can apply through the ASBA (Application Supported by Blocked Amount) process. This keeps your application money safe in your bank until you’re allotted shares. You can apply in two ways:

  1. Online Application: You need a demat and trading account with a broker. Go to your broker’s website or app, fill out the form, and submit it with your documents.
  2. Offline Application: For offline, get a form from banks or brokers. Fill it out, attach your documents, and give it to the center.

Required Documents and KYC Norms

To apply for the Pelatro IPO, your KYC details must be current. You’ll need:

Outdated KYC details can delay or reject your application. Keep your information current to avoid problems.

Pro Tip: Check your application and documents carefully before submitting. This reduces the chance of rejection and makes the process smoother.

By following these steps and having your documents and KYC ready, you can confidently apply for the Pelatro Limited IPO. You might even become a shareholder.

Pelatro IPO Allotment Process and Listing

After the Pelatro IPO subscription ends, the company will give out shares to investors. The allotment will be based on how many people applied and how many shares are left. If more people apply than shares, you might get fewer shares than you wanted.

To see if you got shares, check the registrar’s website or BSE/NSE online. Use your application number or PAN. If you got shares, the money will be taken from your bank, and the shares will go to your demat account.

If you don’t get shares, you’ll get your money back. The refund will go to your bank account soon. Make sure your bank details are right in your application to avoid delays.

The listing of Pelatro Limited shares on the stock exchanges is an exciting event for investors, as it marks the company’s debut on the stock market.

On the listing day, check how Pelatro Limited stock is doing on BSE/NSE or your trading platform. If the stock goes up, you might make money. But remember, stock prices can change a lot, and making money is not sure.

To do well in the IPO and maybe make money, follow these tips:

Understanding how the Pelatro IPO allotment works, refunds, and listing can help you make smart choices. This way, you might do well when the company starts trading on the stock market.

Risk Factors to Consider Before Investing

Before investing in Pelatro Limited IPO, it’s key to look at the risks. The company has grown a lot and looks promising. But, there are many things that could affect its success and your investment.

Market and Industry Risks

Pelatro Limited works in a competitive telecom solutions field. This field changes fast and customer wants change too. The company faces tough competition from big names and new startups.

Also, if the economy slows down, people might buy less. This could hurt Pelatro’s money-making abilities.

Other risks include changes in currency values and new rules in the telecom world. These can make things uncertain for Pelatro.

Company-specific Risks

There are also risks just for Pelatro Limited. The company needs to keep growing and stay ahead. If it can’t, it might lose market share and make less money.

Working in many countries also brings risks. Political issues, legal problems, and cultural differences can all affect Pelatro’s success.

It’s important for investors to read Pelatro Limited’s prospectus carefully. They should think about their own risk level before investing in the Pelatro IPO.

Some main risks to think about are:

Risk Category Key Risks
Market and Industry Risks Competition, technological changes, economic downturns, regulatory changes
Company-specific Risks Execution of growth strategies, maintaining competitive edge, international operations

Conclusion

The Pelatro Limited IPO is a chance to invest in a growing company. It’s in the telecom solutions industry. You should think about the company’s background, its goals, and the IPO details.

Look at the IPO’s price, how to apply, and the risks. This helps you decide if it’s right for you. It’s important to think about your investment goals and how much risk you can take.

Before you decide, learn about Pelatro Limited’s future. It’s in a good industry and growing. But, make sure you know your finances well.

Getting advice from experts can also help. They can guide you through the IPO process. This way, you can make a choice that fits your investment plans.

Investing in the Pelatro Limited IPO is your choice. Understand the company, its goals, and the risks. This helps you make a smart choice. Always remember, investing has risks. So, spread your investments and be careful.

FAQ

What is the Pelatro Limited IPO?

The Pelatro Limited IPO is when the company sells shares to the public. This is to raise money for growth, paying off debts, and for daily operations. By investing, you become a part-owner of Pelatro Limited.

When is the Pelatro Limited IPO opening and closing?

The IPO will start on [date] and end on [date]. Remember these dates to apply on time and track the process.

What is the price band for the Pelatro Limited IPO?

The IPO will cost between Rs. [X] and Rs. [Y] per share. You can buy [Z] shares at a time. The minimum you can invest is Rs. [X * Z]. The most you can invest is Rs. [Y * N * Z], with N being the max lots you can apply for.

How can I apply for the Pelatro Limited IPO?

Apply through the ASBA process online or offline. Online, you need a demat and trading account with a broker. Offline, fill a form and submit it with documents to collection centers.

What are the objectives of the Pelatro Limited IPO?

The IPO aims to raise funds for growth, research, and global expansion. It will also help in debt repayment and meeting daily needs.

What are the risk factors to consider before investing in the Pelatro Limited IPO?

Think about market risks like economic downturns and changes in consumer tastes. Also, consider Pelatro Limited’s ability to grow and stay competitive.

How will the allotment process work for the Pelatro Limited IPO?

Shares will be allocated based on the number of applications and available shares. Check your allotment online on the registrar’s or BSE/NSE websites. If not allotted, you’ll get your money back.

What are the benefits of investing in the Pelatro Limited IPO?

Investing gives you a chance to own a piece of a growing telecom company. You might see your investment grow over time. Plus, you get to be part of the company’s future.

Also read: Empowering Women Through Financial Literacy

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