Plada Infotech Services Limited IPO

Plada Infotech Services Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹48 per share. The stock debuted at ₹59, delivering a listing gain of 22.9%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,44,000.

Plada Infotech Services Limited IPO

NSE SME Listed
₹1,44,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 29, 2023 – Oct 5, 2023
Price band
₹48 per equity share
Minimum Investment
₹1,44,000
Issue size
2,574,000 shares(aggregating up to ₹12.36 Cr)
Lot size
3000
Allotment Date
Oct 10, 2023
Listing
Oct 13, 2023
Listing At
NSE SME

IPO timeline

  1. Sep 29, 2023

    Open Date

    Completed

  2. Oct 5, 2023

    Close Date

    Completed

  3. Oct 10, 2023

    Allotment Date

    Completed

  4. Oct 13, 2023

    Listing Date

    Completed

Plada Infotech Services Limited IPO Essentials

Plada Infotech Services Limited IPO Details

Plada Infotech Services Limited IPO is priced at ₹48 per share with a total issue size of 2,574,000 shares(aggregating up to ₹12.36 Cr). The IPO has a lot size of 3000 shares and is listed on NSE SME.

Issue price
₹48 per equity share
Lot size
3000 shares
Face value
₹10 Per Equity Share
Issue size
2,574,000 shares(aggregating up to ₹12.36 Cr)
Listing at
NSE SME
List price
59.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Indorient Financial Services Ltd

Plada Infotech Services Limited IPO Details

  • Retail Portion 50%

Plada Infotech Services Limited IPO Documents

Plada Infotech Services Limited IPO Analytics

Plada Infotech Services Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Plada Infotech Services Limited IPO Subscription Status

Plada Infotech Services Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 1,222,500 1,222,500 2,445,000
Day 1 29-09-23 06:00 PM
(0.24) x 2.65 x 1.45 x
Day 2 03-10-23 06:00 PM
(1.55) x 13.82 x 7.69 x
Day 3 04-10-23 05:00 PM
(3.99) x 31.41 x 17.70 x
Day 4 05-10-23 05:00 PM
(37.80) x 73.78 x 56.83 x

Plada Infotech Services Limited Valuations

Earnings

EPS (Post IPO)
₹3.9/-
P/E Ratio
12.31

Returns

RoNW
31.07%

Data sourced from DRHP / RHP • For educational purposes only

Plada Infotech Services Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 2,811.09 2,720.30 2,760.03
Revenue 6,275.12 4,887.39 4,460.86
Profit After Tax 233.84 109.87 66.71

Plada Infotech Services Limited Company & Offer Insights

About Plada Infotech Services Limited

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.

Plada Infotech Services Limited Promoter(s)

Mr. Shailesh Kumar Damani, Mr. Anil Mahendra Kotak are the company's promoters of Plada Infotech Services Limited.

Plada Infotech Services Limited IPO Issue Objectives

To meet the working capital requirements.
To purchase Laptops and Accessories for IT Development.
Repayment and/or prepayment in part or in full, of certain outstanding loans of the Company.
General Corporate Purposes.
To meet the issue expenses.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Plada Infotech Services Limited IPO is a Fixed Priced IPO worth ₹2,574,000 shares(aggregating up to ₹12.36 Cr). The issue price is ₹48 per share (fixed price). The IPO opens on Sep 29, 2023 and closes on Oct 5, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Plada Infotech Services Limited IPO is ₹48 per share (fixed price).

The lot size of Plada Infotech Services Limited IPO is 3000 shares.

The minimum investment for Plada Infotech Services Limited IPO is approximately ₹1,44,000 based on the issue price .

Plada Infotech Services Limited IPO opens on Sep 29, 2023 and closes on Oct 5, 2023.

The allotment date of Plada Infotech Services Limited IPO is Oct 10, 2023.

Plada Infotech Services Limited IPO is expected to be listed on Oct 13, 2023, on NSE SME Platform.

Plada Infotech Services Limited IPO valuation snapshot: P/E 12.31, EPS ₹3.9/-, P/B N/A, RoNW 31.07%, and market cap N/A.

To apply for Plada Infotech Services Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Plada Infotech Services Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Plada Infotech Services Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Plada Infotech Services Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Plada Infotech Services Limited IPO allotment status on IPO Ji for quick and easy access.