IPO

Plada Infotech Services Limited IPO

NSE SME

Listed On: Oct 13, 2023 at ₹ 59.0

₹ 288000 /6000 Shares
*Min Investment

Check Allotment

29 Sep, 2023

Open Date

05 Oct, 2023

Close Date

10 Oct, 2023

Allotment Date

13 Oct, 2023

Listing Date
Plada Infotech Services Limited IPO Issue Details
  • Issue Price ₹48 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 2,574,000 shares(aggregating up to ₹12.36 Cr)
  • Listing at NSE SME
  • List Price 59.0
  • Listing Date 2023-10-13
  • Lead Manager Indorient Financial Services Ltd
  • Registrar Bigshare Services Pvt Ltd
Plada Infotech Services Limited IPO Details
  • Retail Portion 50%
Plada Infotech Services Limited IPO Documents
Plada Infotech Services Limited IPO Details


Plada Infotech Services Limited IPO is an SME IPO, priced at ₹48 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from Sep 29, 2023 to Oct 5, 2023. The allotment is expected to be finalized on Oct 10, 2023, and the tentative listing date is Oct 13, 2023.


The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Plada Infotech Services Limited IPO Subscription Analysis And Details
Retail
73.78x
Total
56.83x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,222,5001,222,5002,445,000
Day 1 29-09-23 06:00 PM
0.24 x2.65 x1.45 x
Day 2 03-10-23 06:00 PM
1.55 x13.82 x7.69 x
Day 3 04-10-23 05:00 PM
3.99 x31.41 x17.70 x
Day 4 05-10-23 05:00 PM
37.80 x73.78 x56.83 x
Plada Infotech Services Limited Valuations
Earnings Per Share (EPS) ₹3.9/-
P/E Ratio 12.31
RoNW 31.07%
Net Asset Value (NAV) - Post Issue ₹N/A/-
Plada Infotech Services Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets2,811.092,720.302,760.03
Revenue6,275.124,887.394,460.86
Profit After Tax233.84109.8766.71
About Plada Infotech Services Limited Company

Plada Infotech Services Limited specializes in delivering comprehensive Business Process Outsourcing (BPO) services tailored to our clients' specific needs.

The company provides a wide range of services ranging from recruitment & payroll management, merchant acquisition, field support, software solutions, seller onboarding, and account management to clients.

Following is an illustrative list of the business operations and the services that Plada provides:
1. Merchant Acquisition: The company acquires and on-boards new merchants for Banks, NBFCs, and Startups (both Domestic and Multinational Companies). Plada's merchant acquisition services extend from lead-based visits to cold calls. The Company ensures end-to-end services for the clientele including Merchant engagement its activation, documentation, training, and establishment, Application Processing From KYC to TID generation, Automated Lead Management Tool, and M-Reporter Application for Sales to track and manage productivity.
2. Field Support: Field service management typically involves dispatching technicians, workers, or contractors to a location outside company premises to install, maintain, or repair equipment, systems, or assets. In addition, these professionals manage the team, assign tasks, prepare reports, and maintain customer relationships.
3. Recruitment & Payroll Management: Plada offers Payroll Management services as a complete and integrated solution. The clients comprise Banks & Corporates for whom end-to-end payroll management is done through the platform Kundali.
4. Account Management: Account management involves managing the processes and compliances associated with merchant engagement & activation, data security, merchant acquisition, and implementation of programs on behalf of the client.

Plada Infotech Services employs over 1400 employees across the country and presently operates through 12 offices in 12 cities with other cities being serviced remotely.

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Plada Infotech Services Limited - Promoter(s)

Mr. Shailesh Kumar Damani

Mr. Anil Mahendra Kotak

Pre Issue Share Holding : 89.50%

Post Issue Share Holding : 62.64%

Plada Infotech Services Limited IPO - Issue Objectives
1

To meet the working capital requirements.

2

To purchase Laptops and Accessories for IT Development.

3

Repayment and/or prepayment in part or in full, of certain outstanding loans of the Company.

4

General Corporate Purposes.

5

To meet the issue expenses.