Back

Plada Infotech Services Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹48
Per Share
GMP
NIL
Grey Market
Est. Listing
₹48
Expected Price
Min. Application
₹288,000
2 lots × 3000 shares
IPO Issue Details
Issue Price / Price Band₹48 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size25,74,000 shares (aggregating up to ₹12.36 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 29 Sep 2023
Subscription CloseThu, 05 Oct 2023
Anchor AllotmentThu, 28 Sep 2023
Basis of AllotmentMon, 09 Oct 2023
Initiation of RefundsTue, 10 Oct 2023
Credit of Shares to DematWed, 11 Oct 2023
Listing DateFri, 13 Oct 2023
UPI Mandate Deadline2023-10-05
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 3,000 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 6,000 shares
EPS (Pre-IPO)₹3.90
P/E Ratio (Pre-IPO)12.31x
P/E Ratio (Post-IPO)17.58x
Net Offer to Public24,45,000 shares (aggregating up to ₹11.74 Cr)
Reserved for Market Maker1,29,000 shares (aggregating up to ₹0.6192 Cr)
Pre-IPO Promoter Holding60,00,000 shares
Post-IPO Promoter Holding85,74,000 shares
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: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.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.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.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.

Objects of the Issue

Plada Infotech Services Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
To meet the working capital requirements
2.89
2
To purchase Laptops and Accessories for IT Development;
0.30
3
Repayment and / or prepayment in part or in full, of certain outstanding loans of the Company
3.00
4
General Corporate Purposes
2.97
Shareholding & Lock-in
Pre-IPO Promoter Holding 60,00,000 shares
Post-IPO Promoter Holding 85,74,000 shares
Check AllotmentCheck Status →
Plada Infotech Services Ltd — Live Price LIVE
₹48.00
INR · NSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
Plada Infotech Services Ltd is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹48.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹48
GMPNIL
Est. Listing₹48
Lot Size3,000 shares
Min Amount₹288,000
Listing Date13 Oct 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹48
Listing Date13 Oct 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 129,000 ₹0.62 Cr
TOTAL 2,574,000 100.00% ₹12.36 Cr
* Based on ₹48.00 (upper price band)
Lot Size & Investment Details
Lot Size
3,000
Shares
Issue Price
₹48.00
Per Share
Min Investment
₹144,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 3,000 ₹144,000
Retail (Max) 13 39,000 ₹1,872,000
sNII (Min) 14 42,000 ₹2,016,000
bNII (Min) 68 204,000 ₹9,792,000
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 6275.12 4887.39 4460.86
EBITDA N/A N/A N/A
Profit After Tax (PAT) 233.82 109.87 66.71
Net Worth 752.70 518.10 408.44
Total Assets 2811.09 2720.30 2760.03
Reserves & Surplus 552.70 498.10 407.44
Total Borrowings 1654.13 1771.67 1952.59
Key Ratios & Valuation
Issue Price ₹48
Face Value ₹10 Per Share
P/BV N/A
RoE 37%
RoCE 21%
RoNW 31.07%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity 2.20
Company Details
Company
Plada Infotech Services Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Santosh A. Mishra Compound, Mograpada, Mogra Village, off. Old Nagardas Road Andheri (East), Mumbai, Maharashtra, 400069
Book Running Lead Managers
Indorient Financial Services Ltd
Book Running Lead Manager (BRLM)