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.

Check latest IPO Review & analysis, Live GMP today, Live Subscription Status Today, Share Price, Financial Information, latest IPO news, Upcoming IPO News before applying in the IPO.

The Upcoming IPOs in this week and coming weeks are Arkade Developers Limited, Northern Arc Capital Limited, Osel Devices, Pelatro Limited, Paramount Speciality Forgings Limited, BikeWo GreenTech Limited, SD Retail Limited Archit Nuwood Industries Limited.

The current active IPO is Popular Foundations Limited, Envirotech Systems Limited, Deccan Transcon Leasing Limited, Western Carriers (India) Limited, Sodhani Academy of Fintech Enablers Limited.

Read more

About Pelatro Limited

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. Their Customer Engagement Platform mViva collects and processes large amounts of data for each enterprise on a daily basis across almost a billion consumers in 30 countries. Their mViva platform helps enterprises undertake marketing operations on their end users through behavioural analysis of their end users. The platform provides end-to-end capability and experience starting with collection of data, analysis, intelligence gathering, audience selection, configuration, execution and reporting. The entire approach of their Customer Engagement Platform is customer-centric in nature, offering distinctive features. In addition to that, mViva is a very user friendly platform that has been built for marketers who may not be tech savvy. It empowers the marketers to innovate and constantly push the envelope on customer engagement. mViva’s extensive capabilities enable marketers to orchestrate elaborate journeys over the entire life cycle of their end use consumers. The Customer Engagement Platform is capable of weaving micro journeys into long term journeys thereby leveraging the intelligence gleaned on specific consumer behaviour along the way.

Their Customer Engagement Platform aims to enhance returns on marketing spend by delivering contextual campaigns, while proactively addressing consumer privacy expectations. Apart from providing the Customer Engagement Platform, the Company offers a wide range of managed services covering business consulting, business operations and IT operations. These services enable better and more efficient utilization of the Customer Engagement Platform by their customers so that their return on investment increases materially while improving the quality of consumer engagement considerably. Their technology is based on several inventions that have been patented by them. 

The Company's revenue is sourced from (i) licensing of our products to our customers, on payment of a one-time fee or a recurring fee; (ii) offering services for managing the platform viz., business consulting, business operations and IT operations; (iii) implementation of the platform; (iv) multiple levels of support (L1, L2 and L3) to ensure smooth operation; and (v) customization of services in the form of change requests to add specific features and capabilities.

INTRODUCTION ON TELECOMMUNICATION & BFSI MARKET
The telecommunication and BFSI customer engagement solutions market was valued at $7,029.961 million in 2023 and is estimated to reach $16,125.378 million by 2033, exhibiting a CAGR of 8.4% from 2024 to 2033. The telecommunications and BFSI (banking, financial services, and insurance) customer engagement market encompasses a range of technologies, solutions, and strategies designed to enhance interactions between businesses in these sectors and their customers. Customer engagement refers to the process of building and nurturing relationships with customers through personalized, timely, and relevant interactions across various channels. In this market, engagement solutions include CRM (Customer Relationship Management) systems, AI driven chatbots, omnichannel communication platforms, analytics tools, and mobile applications, all aimed at improving customer satisfaction, loyalty, and lifetime value. In the telecommunications sector, customer engagement solutions focus on optimizing service delivery, support, and personalized marketing. These solutions leverage data analytics, AI, and machine learning to provide insights into customer behavior, predict service issues, and offer tailored recommendations. By integrating these technologies, telecom providers can enhance customer experiences, reduce churn rates, and drive revenue growth through upselling and cross selling opportunities. Key components include automated customer service platforms, real-time network monitoring, and personalized content delivery. In the BFSI sector, customer engagement solutions are crucial for delivering seamless and secure banking, financial, and insurance services. These solutions facilitate personalized financial advice, fraud detection, and efficient customer support. AI-driven analytics help financial institutions understand customer needs, segment audiences, and deliver targeted marketing campaigns. Mobile banking apps, virtual assistants, and secure communication channels are essential tools that improve customer engagement by providing convenience and personalized experiences. Compliance with regulatory standards and data protection laws is a critical aspect of these solutions, ensuring that customer data is managed securely and transparently.

For instance, in March 2022, Alvaria® partnered with Avaya, a leading provider of enterprise customer experience/engagement solutions, to include the Alvaria CX™ platform in joint delivery of enterprise-scale high performance solutions for omnichannel-compliant outbound customer engagement. Alvaria CX expands on the Alvaria capabilities available with Avaya by providing additional compliance options and deployment solutions in the customer environment of choice – on-premises, private cloud, public cloud, virtual private cloud (VPC), hybrid.

EXECUTIVE SUMMARY
The telecommunication and BFSI customer engagement solutions market was valued at $7,029.961 million in 2023 and is estimated to reach $16,125.378 million by 2033, exhibiting a CAGR of 8.4% from 2024 to 2033. The telecommunications and BFSI (Banking, Financial Services, and Insurance) customer engagement market is characterized by a strategic focus on enhancing customer interactions through innovative technologies and personalized service offerings. In telecommunications, companies leverage AI-driven chatbots, virtual assistants, and 5G networks to deliver seamless communication experiences and proactive customer support. This sector prioritizes optimizing network performance and personalized marketing to enhance customer satisfaction and loyalty. In BFSI, customer engagement centers on providing secure and efficient financial services through digital platforms and mobile applications. AI and data analytics enable personalized financial advice, fraud detection, and targeted marketing campaigns tailored to individual customer needs. This sector emphasizes transparency, compliance with regulatory standards, and building long-term customer relationships. Both sectors face challenges such as data privacy concerns, regulatory complexities, and the need for continuous innovation to meet evolving customer expectations. However, strategic investments in technology integration and customercentric strategies are driving growth opportunities. By prioritizing customer experience, leveraging data analytics, and embracing digital transformation, companies in the telecommunications and BFSI sectors can differentiate their offerings, improve operational efficiency, and foster sustainable business growth in a competitive market landscape.

For instance, in May 2022, the Bank of Maharashtra (BoM) launched a clutch of digital products, including for lead engagement and direct sales, and a kisan credit card (KCC), as a part of its strategy to harness digital banking channels to the optimum level. In addition, the bank has rolled out the ‘Mahabank Leads’ application for improved customer engagement and direct sales of various loan products.

CXO Perspective
According to CXOs of leading market players, the customer engagement market represents a critical area for strategic focus and investment. In this digital era, customer engagement is not merely about providing services but creating meaningful, personalized experiences that foster loyalty and drive business growth. In the telecommunications sector, enterprises recognize the importance of leveraging advanced technologies such as AI, machine learning, and 5G networks to enhance customer interactions. AI-powered chatbots and virtual assistants enable telecom companies to deliver instant, round-the-clock customer support, resolving issues efficiently and improving overall satisfaction. Moreover, the rollout of 5G networks presents opportunities for innovative services like augmented reality (AR) and virtual reality (VR), which redefine how customers experience telecommunications services. Companies are tasked with integrating these technologies seamlessly into their operations to streamline processes, optimize network performance, and differentiate their offerings in a competitive market.

In the BFSI sector, key players focus on enhancing digital banking experiences and personalized financial services. AI-driven analytics enable deeper insights into customer behavior, allowing for tailored recommendations and proactive engagement strategies. Virtual assistants and chatbots in banking provide personalized assistance, simplify complex transactions, and improve customer service efficiency. Vendors prioritize data security and regulatory compliance to protect customer information, ensuring trust and reliability in digital interactions. Additionally, the expansion of mobile banking apps and digital payment solutions enhances convenience for customers, driving adoption and usage. However, both sectors face challenges such as data privacy concerns, high implementation costs, and the need for continuous innovation to meet evolving customer expectations. companies play a crucial role in navigating these challenges by aligning technology investments with business objectives, fostering a customer-centric culture, and driving digital transformation initiatives. By focusing on enhancing customer engagement through innovative technologies and personalized experiences, enterprises strengthen brand loyalty, increase customer retention, and drive sustainable growth in the telecommunications and BFSI customer engagement market.

For instance, in October 2020, IBM partnered with Vodafone Idea Limited (VIL), as IBM Services was selected to help the leading telecom operator embrace open source at scale across the enterprise by implementing the Big Data Platform on open open-source Hadoop framework. As VIL's strategic technology partner, IBM is leading the end-to-end implementation and management of the Big Data Platform. Additionally, IBM is helping in enhancing network security. The IBM team's expertise is integral to supporting VIL achieve a reduction in the overall cost of data analytics. The insights from advanced data mining are empowering employees and partners in faster decision-making and elevating the omnichannel, digital-first experience, for end customers.

TELECOMMUNICATION & BFSI MARKET
The telecommunications and BFSI (banking, financial services, and insurance) customer engagement market refers to the sector-specific strategies, technologies, and solutions employed by companies to interact with and serve their customers effectively. This market encompasses a wide range of initiatives aimed at enhancing customer experience, fostering loyalty, and driving business growth through personalized interactions and streamlined service delivery. In the telecommunications sector, customer engagement focuses on providing seamless communication services while ensuring optimal customer satisfaction. This includes leveraging technologies such as AI-powered chatbots, virtual assistants, and self-service portals to offer immediate support, resolve issues efficiently, and personalize customer interactions. Telecom companies also utilize data analytics to understand customer behavior, predict service demands, and tailor marketing campaigns to individual preferences. The goal is to improve customer retention rates, reduce churn, and increase lifetime customer value through enhanced service quality and personalized experiences across various communication channels. In the BFSI sector, customer engagement strategies revolve around delivering secure, efficient, and personalized financial services. Banks, insurance companies, and financial institutions leverage digital platforms, mobile apps, and AI-driven analytics to provide seamless banking experiences, offer personalized financial advice, and detect fraudulent activities in real time. Customer engagement in BFSI also includes targeted marketing efforts based on customer data insights to promote relevant products and services. The objective is to build trust, strengthen customer relationships, and meet regulatory compliance requirements while driving operational efficiencies and business growth.

For instance, in June 2024, More Telecom partnered with SourseAI, a specialist firm in Telco AI decision intelligence. The collaboration aims to introduce advanced marketing mix modelling techniques in the telecom sector, leveraging AI and machine learning to enhance marketing strategies and customer experiences. By employing SourseAI's platform, 'Atlas,' More Telecom intended to bring a data-driven approach to its marketing efforts. This marked a significant step in More’s ongoing commitment to improving customer engagement and satisfaction through innovative technological solutions.

PELATRO LIMITED COMPETITIVE STRENGTHS
1. In-house technology development and testing capabilities
2. Deep Domain Expertise
3. End to End Platform
4. Highly Referenceable Customers
5. Our platform has a prominent position in various markets, a high growth market with substantial barriers to entry.
6. Profitable, low-cost business model built on an asset light, automated and scalable platform
7. Growth driven, global customer base
8. Patented Technology
9. Experienced and dedicated Key Management Personnel, who are ably supported by our other employees

PELATRO LIMITED STRATEGIES
1. Setting up a new office for centralising our operations
2. Geographic Expansion
3. Expansion of Recurring Revenue per Customer
4. Service Expansion

PELATRO LIMITED RISK FACTORS & CONCERNS
1. They are substantially dependent upon customers renewing their subscriptions to, and expanding their use of, their platform to maintain and grow their revenue, which requires them to scale their platform infrastructure and business quickly enough to meet their customers’ growing needs.
2. They are dependent on a small set of products, and the failure to achieve continued market acceptance of their products could cause their results of operations to suffer.
3. The business depends on their ability to send consumer engagement messages, including emails, SMS and mobile and web notifications, and any significant disruption in service with our third-party providers or on mobile operating systems could result in a loss of customers or less effective consumer-brand engagement, which could harm their business, financial condition and results of operations.
4. The commercial success of their services depends to a large extent on the success of the success of their customers.
5. One of their objects of the Issue is to expand their sales and marketing capabilities in geographies of EMEA and USA.
6. Their current operations are international in scope, and they plan further geographic expansion and this will create a variety of operational challenges.