Pelatro Limited IPO GMP

Pelatro is a global technology business and have developed a comprehensive Customer Engagement Platform, i.e., mViva that empowers customer-centric interactions between enterprises or brands and its end users. Their platform empowers enterprises to understand the behaviour and needs of their customers deeply with a view to enhance their engagement with end users.

Pelatro, an Book Built Issue amounting to ₹55.98 Crores, consisting entirely an Fresh Issue of 27.99 Lakh Shares. The subscription period for the Pelatro IPO opens on September 16, 2024, and closes on September 19, 2024. The allotment is expected to be finalized on or about Friday, September 20, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, September 24, 2024.

The Share price band of Pelatro IPO is set at ₹190 to ₹200 equity per share, with a minimum lot size of 600 shares. Retail investors are required to invest a minimum of ₹120,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,200 shares), amounting to ₹240,000.

CUMULATIVE CAPITAL PRIVATE LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Shree Bahubali Stock Broking Limited is the Market Maker for the Pelatro IPO.

Pelatro Limited IPO GMP Today
The Grey Market Premium of Pelatro Limited IPO is expected in the range of ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Pelatro Limited IPO Live Subscription Status Today: Real-Time Updates
As of 05:00 PM on 16 September 2024, the Pelatro Limited IPO live subscription status shows that the IPO subscribed 0.38 times on its First day of subscription period. Check the Pelatro Limited IPO Live Subscription Status Today at NSE.

Pelatro Limited IPO Anchor Investors Report
Pelatro has raised ₹15.63 Crore from Anchor Investors at a price of ₹200 per shares in consultation of the Book Running Lead Managers. The company allocated 7,81,800 equity shares to the Anchor Investors. Check Full list of Pelatro Anchor Investors List

Note:- Equity Shares to Anchor Investors are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

Pelatro Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Pelatro IPO allotment date is 20 September, 2024, Friday. Pelatro IPO Allotment will be out on 20th September 2024 and will be live on Registrar Website from the allotment date. Check Pelatro Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Pelatro Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Pelatro Limited IPO
Pelatro Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹1,011.56 Lakhs is required for Funding capital expenditure of the company towards; Purchase & Installation of IT equipment, computer hardware, server and other ancillary equipment 
2. ₹1,000.00 Lakhs is required for Investment in their subsidiary; 
3. ₹1,500.00 Lakhs is required for Funding working capital needs of the company; 
4. General corporate purposes.

Refer to Pelatro Limited RHP for more details about the Company.