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 |
| More IPO’s | Check Here |
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.”