Pelatro IPO Review

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.

The Company is led by Promoters, SUBASH MENON has more than three decades of experience in sales, finance, marketing and general management, SUDEESH YEZHUVATH, KIRAN MENON AND VARUN MENON.

Financially, Revenue in Fiscal 2024 ₹5,536.54 Lakhs. The EBITDA for the Fiscals 2024 ₹311.15 Lakhs. The Profit after Tax for the Fiscals 2024 ₹195.62 Lakhs. Financial data on consolidated basis is available for only one year.

For the Pelatro IPO, the company is issuing shares at a pre-issue EPS of ₹-5.15 and a post-issue EPS of ₹-1.86. The pre-issue P/E ratio is -38.83x, while the post-issue P/E ratio is -107.52x. The company's ROCE for FY24 is 3.85% and ROE for FY24 is -15.48%. These metrics suggest that the IPO is fully priced.

The Grey Market Premium (GMP) of Pelatro showing potential listing gains of 0%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Pelatro Limited IPO for Listing gain or long term investment purposes.

Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 

About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms during the training period. He is good at Technical analysis and Fundamental Analysis and uses both Technical and Fundamental analysis along with five other important factors that affect the movement of the Market namely Global Market Analysis, Upcoming Event Analysis, Institutional Money Analysis, Derivative Data Analysis, and Emotions and Sentiment of Traders and Investors in his Framework called - Technical Fundamental GUIDE to find the winning Trades.
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