What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Pelatro Limited IPO?

Pelatro Limited IPO has received a total subscription of 22.83 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Pelatro Limited

ListedSME

Information Technology · NSE

Pelatro Limited offers the mViva customer engagement platform, helping businesses improve customer interactions through advanced data analytics and intelligence. Its key solutions include Campaign Management, Loyalty Management, Lead Management, and Data Monetization. As of May 31, 2024, mViva was being used across 38 telecom networks in 30 countries, serving clients in telecom, banking, and finance. With its proprietary technology, scalable business model, and experienced team of 296 employees, Pelatro has built a strong global presence.

Price Band

₹190 – ₹200

Issue Size

₹55.98 Cr

Lot Size

600 shares

GMP

—

Est. Listing

₹200

at current GMP

Subscribed

22.83x

overall

Open

16 Sep 2024

19 Sep 2024

Allotment

20 Sep 2024

Refund

21 Sep 2024

Demat Credit

22 Sep 2024

Listing

24 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

22.83x

Total Demand

QIB Multiplier

15.22x

Institutions & Funds

NII / HNI

55.68x

High Net-Worth

Retail (RII)

13.06x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 22.83x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	521,400	7,933,800	15.22x
NIB	392,400	21,849,000	55.68x
RETAIL	913,200	11,924,400	13.06x
Total	1,827,000	41,707,200	22.83x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 14.57x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,633	21,327	13.06x
HNIs (10L +)	10	557	55.68x
HNIs (2-10L)	50	2,784	55.68x
Total Applications	1,693	24,668	14.57x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Pelatro Limited Public Issue & Market Profile

Pelatro Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹55.98 Crores. The shares are offered at a price band of ₹190 to ₹200 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-22, while un-allotted funds or UPI block mandates will be released on 2024-09-21.

Frequently Asked Questions

What is Pelatro Limited IPO GMP today?

Currently, Pelatro Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹190 to ₹200 per equity share.

What is the expected profit per lot for Pelatro Limited IPO?

The retail lot size is 600 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹200 per equity share.

What is the issue size and price band for Pelatro Limited IPO?

The Pelatro Limited IPO aggregate issue size is ₹55.98 Crores with an equity price band set at ₹190 to ₹200 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Pelatro Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 22.83x (Retail: 13.06x, QIB: 15.22x, NII: 55.68x). You can track live multiples directly on our dedicated subscription page.

Where and when will Pelatro Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-09-20. Investors can verify status using PAN card or application number.

When is the listing date for Pelatro Limited IPO?

Pelatro Limited shares are scheduled to list on NSE on 2024-09-24.