Pelatro Limited IPO is scheduled from Monday, September 16 to Thursday, September 19, 2024.
Pelatro Limited IPO is a book built issue of Rs. 55.98 crores. The issue is entirely fresh issue of 27.99 lakh equity shares. Price range of the IPO is set at Rs. 190 to Rs. 200 per equity shares with a face value of Rs. 10 each. The minimum order quantity is 600 equity shares, aggregating to Rs. 1,20,000.
The allotment of the IPO is expected to finalized on Friday, September 20, 2024. The IPO will list on NSE SME with tempting date fixed on Tuesday, September 24, 2024.
Cumulative Capital Private Limited is book running lead manager. ICICI Bank Limited is sponsor bank to the IPO. Bigshare Services Private Limited is registrar to the issue.
Objects of the issue:-
The Company utilize the proceeds of the issue to meet the following objects:
- Funding capital expenditure requirement of the Company;
- Investment in Company’s subsidiary;
- Funding working capital needs of the company; and
- General corporate purposes.
Financials:-
Pelatro Limited has achieved profit after tax of Rs. 5.41 crores in FY 2024. The company has total borrowings of Rs.18.68 crores, out of which Rs.13.86 crores is Long term borrowings and Rs. 4.81 crores is Short term borrowings.
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Net Worth | 1,943.22 | 1,324.79 | 855.92 |
| Revenue | 5,915.34 | 4,905.08 | 4,088.01 |
| PAT | 541.46 | 463.89 | 357.03 |
| PAT Margin | 9.15% | 9.47 | 8.76 |
| Total Borrowings | 1,867.58 | 1,347.86 | 512.87 |
About Pelatro Limited (https://www.pelatro.com/):-
Founded in April 2013, Pelatro is a leading customer engagement solution provider for Telecommunication and BFSI. Pelatro Private Limited is an India-based company with offices in Singapore and Russia and Global Development Centres in India, Russia, and the Philippines.
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