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Plada Infotech Services Ltd IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹48
Issue Price
₹48
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹48
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹144,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
29 Sep 2023
Fri Completed
Done
Close Date
05 Oct 2023
Thu Completed
Done
Allotment
09 Oct 2023
Mon Completed
Done
Refund
10 Oct 2023
Tue Completed
Done
Demat Credit
11 Oct 2023
Wed Completed
Done
Listing Date
13 Oct 2023
Fri Completed
UPI Deadline: 05 Oct 2023
Issue Details
Pricing & Size
Issue Price
₹48 Face ₹10
Lot Size
3,000 shares
Min Investment
₹144,000
Total Issue Size
25,74,000 shares (aggregating up to ₹12.36 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,29,000 (5.01%)
QIB Portion
-
NII / HNI
12,22,500 (47.49%)
Retail
12,22,500 (47.49%)
Employee
-
Net Offer to Public
24,45,000 shares (aggregating up to ₹11.74 Cr)
Shareholding Pattern
Pre-Issue Shareholding
60,00,000 shares
Post-Issue Shareholding
85,74,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,44,000
HNI / NII 2 6,000 ₹2,88,000
Objects of Issue
4 objectives
1
To meet the working capital requirements
2.89 Cr
2
To purchase Laptops and Accessories for IT Development;
0.30 Cr
3
Repayment and / or prepayment in part or in full, of certain outstanding loans of the Company
3.00 Cr
4
General Corporate Purposes
2.97 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Indorient Financial Services Ltd
Market Maker
Nikunj Stock Brokers Ltd.
IPO Timeline
Open
29 Sep
✓ Done
Close
05 Oct
✓ Done
Allotment
09 Oct
✓ Done
Listing
13 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
abhishek.jain@pladainfotech.com
Phone
+91 8976996702
Address
Santosh A. Mishra Compound, Mograpada, Mogra Village, off. Old Nagardas Road Andheri (East), Mumbai, Maharashtra, 400069
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹48
Est. Listing
₹48
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Plada Infotech Services Ltd LIVE
INR ·
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P/E
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| Price
Market Reference
IPO Issue Price
₹48
GMP
+₹0 (+0%)
GMP Est. Listing
₹48
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 12,22,500 (47.49%) ₹586.80 Cr
Retail Investors 12,22,500 (47.49%) ₹586.80 Cr
Total ** 25,74,000 (100.00%) ₹12,355.20 Cr
Market Maker * 1,29,000 (5.01%) ₹6.19 Cr
* Based on ₹48.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
12,22,500 (47.49%)
Retail
12,22,500 (47.49%)
Market Maker
1,29,000 (5.01%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202331 Mar 202231 Mar 2021
Revenue6275.124887.394460.86
PAT233.82109.8766.71
EBITDA
Net Worth752.70518.10408.44
Total Assets2811.092720.302760.03
Reserves552.70498.10407.44
Borrowings1654.131771.671952.59
Key Financial Ratios
37%
ROE
Return on Equity
21%
ROCE
Return on Capital Employed
31.07%
RONW
Return on Net Worth
2.20
D/E Ratio
Debt to Equity
3.90
Pre EPS
EPS Pre-Issue
12.31
Pre P/E
P/E Pre-Issue
17.58
Post P/E
P/E Post-Issue
About Plada Infotech Services Ltd

Incorporated in 2010, 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.

Frequently Asked Questions
What is the issue price of Plada Infotech Services Ltd IPO?
The issue price of Plada Infotech Services Ltd IPO is ₹48 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹144,000.
What are the IPO dates?
Opens 29 Sep 2023, closes 05 Oct 2023.
When is the listing date?
Tentative listing: 13 Oct 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹48 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Plada Infotech Services Ltd IPO · Expected 09 Oct 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
09 Oct 2023
Refund Initiation
10 Oct 2023
Demat Credit
11 Oct 2023
Listing Date
13 Oct 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹48
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹48
GMP +₹0
Key Dates
Open
29 Sep Done
Close
05 Oct Done
Listing
13 Oct Done
Registrar
Bigshare Services Pvt.Ltd.
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