Support

Pelatro Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Pelatro Ltd IPO

Registered Office: No. 403 7th A Main 1st Block,HRBR Layout , Bangalore - 560043 , Karnataka , India.
Phone : +91 80 4903 3200   Fax:
Email :  company.secretary@pelatro.com  
Website :  www.pelatro.com
Initial public offer of upto 27,99,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Pelatro Limited ("The Company" or "The Issuer") at an issue price of (Rs)200 per equity share (including share premium of (Rs)190 per equity share) for cash, aggregating up to (Rs)55.98 crores ("Public Issue") out of which 1,40,400 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)200 per equity share for cash, aggregating upto (Rs)2.81 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 49,800 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)200 per equity share for cash, aggregating up to (Rs)0.99 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The public issue less market maker reservation portion and employee reservation portion i.e. net issue of 26,08,800 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)200 per equity share for cash, aggregating upto (Rs)52.18 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.90% and 25.07 % respectively of the post-issue paid-up equity share capital of the company. The Offer Price is (Rs)200 per equity share of face value of (Rs)10 each. The Offer Price is 20 times of the face value of the equity shares. Bid cane be made for a minimum of 600 equity shares and in multiples of 600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Sep-24 19-Sep-24 (Rs)200.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Cumulative Capital Pvt Ltd
Project Financed through Current Offer 55.98  
Post Issue Equity Share Capital 10.41  
Issue Price (Rs)200.00  
 
Projects
Funding capital expenditure requirement of the companyFunding working capital needs of the company
Investment in its aubsidiaryGeneral corporate purposes
Promoted By
Subash Menon  
Sudeesh Yezhuvath  
Kiran Menon  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd