Pelatro IPO Shines on NSE Emerge Debut with 37.5% Premium, Surges to ₹275!Pelatro IPO Shines on NSE Emerge Debut with 37.5% Premium, Surges to ₹275!

Pelatro shares made a strong debut on the NSE SME Emerge platform, listing at ₹275 per share, a 37.50% premium over the upper price band of ₹200. Shortly after the market opened, the stock quickly surged to an intraday high of ₹288.75.

Pelatro Ltd IPO achieved a 20.70x subscription by the final day, nearly tripling the available shares. This reflects significant investor enthusiasm and widespread market approval for the company’s offering, showcasing strong demand among potential investors.

Pelatro Limited has developed Aviva, a global Customer Engagement Platform used in 30 countries to analyse consumer behaviour and enhance marketing ROI through contextual campaigns. It ensures privacy by processing data on customers’ systems. Besides, Pelatro offers managed services in business consulting and IT, with patented innovations strengthening its competitive position.

Pelatro Ltd aims to utilise ₹10.12 crores for IT infrastructure, ₹10 crores for expanding its Singapore subsidiary, ₹15 crores for working capital needs, and the remaining funds for general corporate purposes and operational expenses.