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Pelatro Ltd IPO Oversubscribed by 1.53 Times on Day 2!

Pelatro Ltd's IPO was subscribed 1.53 times on Day 2, demonstrating strong investor enthusiasm, as demand outstripped the shares available, highlighting optimism about the company's future.
Pelatro Limited IPO

Pelatro Ltd IPO achieved a subscription status of 1.53 times on Day 2. This figure indicates that the demand from investors exceeded the total number of shares offered, showcasing robust interest and confidence in the company’s growth potential.

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Pelatro Limited IPO Subscription Status

Pelatro Ltd IPO achieved a Day 1 subscription rate of 0.71x, showing moderate investor interest. This subscription level reflects the market’s reception to the company’s public offering, suggesting balanced demand and a steady entry into the stock market for Pelatro.

How to check Pelatro IPO Subscription Status?

Steps to check Pelatro Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Pelatro Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Pelatro Limited IPO Allotment Status

The allotment date for the Pelatro Limited IPO is set for September 20, with shares priced from ₹190 to ₹200 per share and a face value of ₹10. The offering consists of lots of 600 shares, with bids accepted for these lots or their multiples.

Pelatro Limited IPO Listing Date 

Pelatro Limited IPO is expected to be listed on the NSE SME on September 24, 2024.

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