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Plada Infotech Services Ltd

Plada Infotech Services Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹48
₹48
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹48
Based on GMP
Min. Investment
₹144,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
29 Sep 2023
Close Date
05 Oct 2023
Allotment
09 Oct 2023
Listing Date
13 Oct 2023
Exchange
NSE SME
Price Band
₹48
Listing Price
See chart
Allotment Status
Price Band
₹48
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
25,74,000 shares (aggregating up to ₹12.36 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
60,00,000 shares
Promoters
Post-IPO Holding
85,74,000 shares
Promoters
P/E (Pre)
12.31x
 
P/E (Post)
17.58x
 
EPS (Pre)
₹3.90
 
UPI Deadline
2023-10-05
Mandate
Anchor AllotmentThu, 28 Sep 2023
Basis of AllotmentMon, 09 Oct 2023
Refund InitiationTue, 10 Oct 2023
Demat CreditWed, 11 Oct 2023
Listing DayFri, 13 Oct 2023
UPI Mandate Deadline2023-10-05
Sale TypeFresh Capital
Net Offer to Public24,45,000 shares (aggregating up to ₹11.74 Cr)
Market Maker Quota1,29,000 shares (aggregating up to ₹0.6192 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Plada Infotech Services Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Oct 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
129,000
₹0.62
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,574,000
100% ₹12.36
IPO Shares Offered
Plada Infotech Services Ltd IPO total issue size: ₹12.36 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 129,000 ₹0.62
5.01%
Total 2,574,000 ₹12.36
100.00%
* Based on upper price band ₹48 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹48.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹288,000
Retail (Max — 13 Lots)1339,000₹1,872,000
S-HNI (Min — 14 Lots)1442,000₹2,016,000
B-HNI (Min — 68 Lots)68204,000₹9,792,000
* Issue Price ₹48 × Lot Size 3,000 shares
IPO Schedule
Anchor
28 Sep 2023
✓ Done
IPO Open
29 Sep 2023
✓ Done
IPO Close
05 Oct 2023
✓ Done
Allotment
09 Oct 2023
✓ Done
Refunds
10 Oct 2023
✓ Done
Demat Credit
11 Oct 2023
✓ Done
Listing Day
13 Oct 2023
✓ Done
Plada Infotech Services Ltd — Live Price LIVE
₹48.00
INR · NSE
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Issue ₹48.00 Live Price
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
1
To meet the working capital requirements
2
To purchase Laptops and Accessories for IT Development;
3
Repayment and / or prepayment in part or in full, of certain outstanding loans of the Company
4
General Corporate Purposes
Plada Infotech Services Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹4,460.9
31 Mar 2021
₹4,887.4
31 Mar 2022
₹6,275.1
31 Mar 2023
Profit After Tax (PAT)
₹66.7
31 Mar 2021
₹109.9
31 Mar 2022
₹233.8
31 Mar 2023
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
Borrowings 1654.13 1771.67 1952.59
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
37%
RoCE
21%
RoNW
31.07%
Debt/Equity
2.20
Issue Structure & Shareholding
Total Shares Offered25,74,000 (100.00%)
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-Issue Promoter Holding60,00,000 shares
Post-Issue Promoter Holding85,74,000 shares
P/BV RatioN/A
RoE37%
RoCE21%
Debt / Equity2.20
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Indorient Financial Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Plada Infotech Services Ltd IPO subscribed?

Plada Infotech Services Ltd IPO is subscribed 1.00 times by Oct 05, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Plada Infotech Services Ltd IPO retail subscription status?

The Plada Infotech Services Ltd IPO retail category is subscribed 1.00 times as of 05 Oct 2023. The retail portion is oversubscribed.

How to subscribe Plada Infotech Services Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2023 and closes 05 Oct 2023. Min investment: ₹144,000 (1 lot = 3,000 shares). UPI mandate: 2023-10-05.

How many times Plada Infotech Services Ltd IPO subscribed?

The Plada Infotech Services Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Plada Infotech Services Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Oct 2023. Refunds: on 10 Oct 2023.

When Plada Infotech Services Ltd IPO will be listed?

The Plada Infotech Services Ltd IPO listing date is 13 Oct 2023, Friday. Listed on: NSE SME. Issue price: ₹48. Estimated listing: ₹48. GMP: NIL.

When Plada Infotech Services Ltd IPO close?

The Plada Infotech Services Ltd IPO closes on 05 Oct 2023, Thursday. UPI mandate: 2023-10-05. Allotment: 09 Oct 2023. Listing: 13 Oct 2023.