Plada Infotech Services IPO Details, Review, Price, Dates

Plada Infotech Services IPO Details, Review, Price, Dates: The Rs 12.36 crore fixed pricing issue for Plada Infotech Services Initial Public Offering. The entire 25.74 lakh share offering is a new issuance. The share price for Plada Infotech Services IPO is 48. 3000 Shares are the bare minimum lot size for an application. Retail investors are required to make investments of at least 144,000. HNI investors must invest a minimum of 2 lots (6,000 shares), or 288,000 Rs.


On September 29, 2023, subscriptions for Plada Infotech Services Initial Public Offer start, and they end on October 4, 2023. On Monday, October 9, 2023, the Plada Infotech Services Initial Public Offer allotment is anticipated to be completed. The tentative listing date for Plada Infotech Services IPO, which will list on NSE SME, is set for Thursday, October 12, 2023.

Bigshare Services Pvt Ltd is the registrar for the Plada Infotech Services IPO, and Indorient Financial Services Ltd is the book running lead manager. Rikhav Securities is the Plada Infotech Services IPO market maker.

Plada Infotech Services IPO Overview

Plada Infotech Services Limited Company Overview
Company Name Plada Infotech Services Limited
IPO Opening Date 29 September, 2023
IPO Closing Date 04 October, 2023
Face Value 10₹ Per Share
Share Price Range 48₹
Lot Size 3000 Shares
GMP Check Here
Issue Type Fixed Price Issue IPO
Total IPO Issue Size 2,574,000 Shares
Fresh Issue Size 2,574,000 Shares
IPO Listing At NSE SME
Share Holding Pre Issue 6,000,000
Share Holding Post Issue 8,574,000
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Plada Infotech Services IPO Lot Size

Plada Infotech Services Limited Lot Size
Minimum Retail Applications 01 Lot
Maximum Retail Applications 01 Lot
Minimum HNI Applications 02 Lots
Total Shares In Single Lot 3000 Shares
Amount For Single Lot ₹144,000


Plada Infotech Services IPO Time Table (Tentative)

Plada Infotech Services Limited IPO Time Table Complete Details
IPO Initiation Date 29 September, 2023
IPO Ending Date 04 October, 2023
Basis Of Allotment 09 October, 2023
Initiation Of Refund 10 October, 2023
Shares Credit To Demat Account 11 October, 2023
Date Of Listing 12 October, 2023
Cut Off Time For UPI Mandate Confirmation 05:00 PM, 04 October, 2023


Plada Infotech Services IPO Reservation Details

Plada Infotech Services Limited IPO Reservation Overview
Shares Offered To Retailers 50% Of Net Offer
Shares Offered To HNI 50% Of Net Offer


Plada Infotech Services Company Financials

Plada Infotech Services Limited Company Financials Information
This Data Is Of 31 March, 2023
Total Revenue 6,275.12 Lakh
Assets 2,811.09 Lakh
Profit After Tax 233.84 Lakh
Net Worth 752.70 Lakh
Reserves And Surplus 552.70 Lakh
Debt 1,654.13 Lakh


Plada Infotech Services Promoters Holding

Share Holding Pre Issue 89.50%
Share Holding Post Issue 62.64%


Plada Infotech Services Key Performance Indicators

Plada Infotech Services Limited Key Performance Indicators
KPI Values
Debt/Equity 2.2
P/E (X) 12.31
EPS 3.9
ROE 37%
ROCE 21%
RoNW 31.07%


Is Plada Infotech Services IPO Good Or Bad To Buy? (Review)

Plada Infotech Services Limited, a company founded in 2010, specializes in providing thorough Business Process Outsourcing (BPO) services that are specifically catered to the requirements of our clients. The business offers customers a wide range of services, including account management, seller onboarding, merchant acquisition, field assistance, software solutions, and recruitment and payroll administration.


What Is The Objective Of Plada Infotech Services IPO Issue?

  • To fulfill the need for working capital.
  • Payback and/or partial or full prepayment of some outstanding loans owed by the Company.
  • To buy laptops and IT development accessories.
  • To cover the cost of the problem.
  • Corporate general purposes.


How To Apply For Plada Infotech Services Initial public offer?

  • Access Console by going to the Zerodha website.
  • Access Portfolio and select the IPOs link.
  • Navigate to the “Plada Infotech Services IPO” row and choose “Bid.”
  • The quantity, the cost, and your UPI ID.
  • Apply for an IPO by clicking “Submit.”

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