Plada Infotech Services Limited IPO
NSE SMEListed On: Oct 13, 2023 at ₹ 59.0
₹ 144000 /3000 Shares
Check AllotmentPlada Infotech Services Limited IPO Details
29 Sep, 2023
Open Date05 Oct, 2023
Close Date10 Oct, 2023
Allotment Date13 Oct, 2023
Listing DateIssue Price
₹48 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
59.0Listing Date
2023-10-13Market Lot
3000 Shares (₹144,000/-)Lead Manager
Indorient Financial Services LtdIssue Size
2,574,000 shares(aggregating up to ₹12.36 Cr)Retail Portion
50%Subscription
56.83 timesIPO Docs
DRHPPlada Infotech Services Limited IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 1,222,500 | 1,222,500 | 2,445,000 |
Day 1 - 29-09-23 06:00 PM | 0.24 x | 2.65 x | 1.45 x |
Day 2 - 03-10-23 06:00 PM | 1.55 x | 13.82 x | 7.69 x |
Day 3 - 04-10-23 05:00 PM | 3.99 x | 31.41 x | 17.70 x |
Day 4 - 05-10-23 05:00 PM | 37.80 x | 73.78 x | 56.83 x |
Plada Infotech Services Limited Valuations
Earnings Per Share (EPS)
₹3.9/-P/E Ratio
12.31RoNW
31.07%Net Asset Value (NAV) - Post Issue
₹N/A/-Plada Infotech Services Limited Company Financials All values are in ₹ Lakh
31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
---|---|---|---|
Assets | 2,811.09 | 2,720.30 | 2,760.03 |
Revenue | 6,275.12 | 4,887.39 | 4,460.86 |
Profit After Tax | 233.84 | 109.87 | 66.71 |
About The Company
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.
Plada Infotech Services Limited - Promoter(s)
Pre Issue Share Holding: 89.50%
Post Issue Share Holding: 62.64%
Company Promoter(s)
- Mr. Shailesh Kumar Damani
- Mr. Anil Mahendra Kotak
Plada Infotech Services Limited IPO - Issue Objectives
- To meet the working capital requirements.
- To purchase Laptops and Accessories for IT Development.
- Repayment and/or prepayment in part or in full, of certain outstanding loans of the Company.
- General Corporate Purposes.
- To meet the issue expenses.
Plada Infotech Services Limited IPO - FAQs
Ans. Plada Infotech Services Limited IPO is a SME IPO. The issue is priced at ₹48 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 29, 2023, and closes on Oct 5, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Plada Infotech Services Limited IPO opens on Sep 29, 2023 and closes on Oct 5, 2023.
Ans. The size of Plada Infotech Services Limited IPO is 2,574,000 shares(aggregating up to ₹12.36 Cr).
Ans. The IPO price band is set between ₹48 per equity share.
Ans. To apply for Plada Infotech Services Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Plada Infotech Services Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Plada Infotech Services Limited IPO is Oct 10, 2023.
Ans. The Plada Infotech Services Limited IPO will be listed on Oct 13, 2023.
Ans. Follow the steps to check the allotment status for Plada Infotech Services Limited IPO here.