Pelatro IPO Allotment Status Online

Summary

Pelatro IPO has received an overwhelming response from investors, closing with an impressive subscription of 21.69 times by 19th September 2024 at 5:34:03 PM (Day 4). The public issue witnessed substantial demand across various investor categories, with the Non-Institutional Investors (NII) category leading the charge. The NII segment was subscribed 55.28 times, reflecting significant interest from high-net-worth individuals.

The Qualified Institutional Buyers (QIB) portion demonstrated strong engagement, subscribing 15.22 times. The Retail Investors category also showed robust interest, subscribing 12.09 times. The Anchor Investors and Market Maker portions were fully subscribed at 1 time each. This exceptional response across all categories underscores the extremely positive market sentiment towards Pelatro's offering and suggests highly optimistic investor expectations for the company's future performance.

Check Pelatro IPO Allotment Status:

How to Check Pelatro IPO Allotment Status on the Bigshare Services Site?

Step 1 - Visit the web portal of Bigshare Services Pvt Ltd.  (https://www.bigshareonline.com/ipo_Allotment.html)

Step 2 - From the dropdown menu, select Pelatro IPO.

Step 3 - Choose one of the following three modes: PAN ID, Demat Account number, or Application number

Step 4 - Select "Application Type," then "ASBA" or "non-ASBA."

Step 5 - Enter the information relevant to the mode you have chosen.

Step 6 - For security purposes, fill out the captcha accurately.

Step 7 - Click "Submit."

How do you check Pelatro IPO Allotment Status on BSE?

On the websites of the Bombay Stock Exchange (BSE), investors who placed a bid for the Pelatro IPO can monitor the allotment status:
For BSE:

Step 1 - Visit this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2 - Select "Equity" in the "Issue Type" dropdown.

Step 3 - Choose "Pelatro Limited" from the dropdown menu under "Issue Name."

Step 4 - Enter your application number and PAN ID.

Step 5 - Click on 'I am not a robot' and then click "Search".

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How do you check the IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Pelatro IPO Timeline:

Pelatro IPO Subscription Status

Pelatro IPO received 21.69 subscriptions. By 19th September 2024 at 5:34:03 PM (Day 4), the public issue had been subscribed 12.09 times in the retail category, 15.22 times in the QIB category, and 55.28 times in the NII category.

Subscription Day 4 (as of 5:34:03 PM)
Total Subscription: 21.69 times
QIB: 15.22 times
NII: 55.28 times
Retail investors: 12.09 times

Subscription Day 3
Total Subscription: 2.81 times
QIB: 0.00 times
NII: 2.76 times
Retail investors: 4.54 times

Subscription Day 2
Total Subscription: 1.59 times
QIB: 0.00 times
NII: 1.07 times
Retail investors: 2.76 times

Subscription Day 1
Total Subscription: 0.43 times
QIB: 0.00 times
NII: 0.18 times
Retail investors: 0.79 times
 

Pelatro IPO Details

Pelatro's initial public offering (IPO) is a book built issue amounting to ₹55.98 crores. This offering consists of a fresh issue of 27.99 lakh shares.

The bidding process for the Pelatro IPO commenced on 16th September 2024 and concluded on 19th September 2024. The allotment results for this IPO are anticipated to be finalised on 20th September 2024. Furthermore, the shares of Pelatro are set to be listed on the NSE SME, with a provisional listing date scheduled for 24th September 2024.

The Pelatro IPO price band has been established between ₹190 and ₹200 per share. Investors must apply for a minimum lot size of 600 shares, which requires a minimum investment of ₹120,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (1,200 shares), totalling ₹240,000.
Cumulative Capital Private Limited serves as the book running lead manager for the Pelatro IPO. Bigshare Services Pvt Ltd is designated as the registrar for this offering.