Plada Infotech Services Ltd
Price Range
₹48
Min. Quantity
3,000
Closes on
5 October 2023
Min. investment
₹1,44,000/3,000 Shares
Plada Infotech Services Ltd IPO Timeline
Plada Infotech Services Ltd (formerly known Plada Infotech Services Private Limited) was incorporated on October 23, 2010, with the Registrar of Companies, Mumbai. Thereafter, status of Company was changed from Private to Public Company and name of Company was changed to 'Plada Infotech Services Limited' vide fresh Certificate of Incorporation issued by the ROC on May 11, 2023.
| Event | Date |
|---|---|
| Plada Infotech Services Ltd IPO Opening Date | 29 September 2023 |
| Plada Infotech Services Ltd IPO Closing Date | 5 October 2023 |
| Basis of Allotment | 10 October 2023 |
| Initiation of Refunds | 11 October 2023 |
| Credit of Shares to Demat | 11 October 2023 |
| Plada Infotech Services Ltd IPO Listing Date | 13 October 2023 |
Plada Infotech Services Ltd IPO Details
| Plada Infotech Services Ltd IPO Date | 29 September 2023 to 5 October 2023 |
| Plada Infotech Services Ltd IPO Face Value | ₹10 per share |
| Plada Infotech Services Ltd IPO Price | ₹48 to ₹0 per share |
| Plada Infotech Services Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹12.36 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹12.36 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Shailesh Kumar Damani, Anil Mahendra Kotak |
Plada Infotech Services Ltd IPO Lot Size
The Plada Infotech Services Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,44,000 |
| Maximum | 1 | 3,000 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Customers' Satisfaction and their retention.
- Maintaining Long term relationship with clients.
- Experienced promoter and senior management team.
- Its distribution Network.
Company Financials
Plada Infotech Services Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2022 | 27.29 | 48.71 | 1.13 |
| 03-2021 | 27.42 | 44.48 | 0.72 |
| 03-2020 | 26.87 | 50.13 | 1.25 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working capital requirements
- Purchase of Laptops & Accessories for IT Development
- Repayment and/or prepayment in part or in full of certain outstanding loans
- General corporate expenses
Plada Infotech Services Ltd IPO Promoter Holding
| Pre Issue Share Holding | 84.51% |
| Post Issue Share Holding | 59.14% |
Plada Infotech Services Ltd IPO Subscription Status (Bidding Detail)
The Plada Infotech Services Ltd IPO is subscribed 53.9965 times on 5 October 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 53.9965 |
Plada Infotech Services Ltd IPO Prospectus
Plada Infotech Services Ltd IPO Listing Date
| Listing Date | 13 October 2023 |
| BSE Script | 91657 |
| NSE Symbol | PLADAINFO |
| Listing In | NSE - SME |
| ISIN | INE0PXD01014 |
| IPO Price | ₹48 |
| Face Value | ₹10 |
Company Contact Information
Santosh A Mishra Comp MograpadMorga Vil old Nag Rd Andheri E,Mumbai-400069
Phone: +91 8976996702
Email: abhishek.jain@pladainfotech.com
Website: www.pladainfotech.com
Plada Infotech Services Ltd IPO Registrar
Plada Infotech Services Ltd IPO Lead Manager(s)
- Indorient Financial Services Ltd
FAQ
What is the issue size of Plada Infotech Services Ltd IPO?
I have pre-applied for Plada Infotech Services Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.