Plada Infotech Services Limited


Opening Date Closing Date Face Value Issue Price Lot Size Listing At Total Issue Size Basis of Allotment Initiation of Refunds Credit of Shares to Demat Listing Date
28-09-2023 04-10-2023 10 per share 48 3000 Shares NSE SME 2,574,000 shares (aggregating up to ₹12.36 Cr) 2023-10-08 18:30:00 2023-10-09 18:30:00 2023-10-10 18:30:00 11-10-2023

About The Company

Plada Infotech Services IPO is a fixed price issue of Rs 12.36 crores. The issue is entirely a fresh issue of 25.74 lakh shares.

Plada Infotech Services IPO bidding opened for subscription on September 29, 2023 and will close on October 5, 2023. The allotment for the Plada Infotech Services IPO is expected to be finalized on Monday, October 9, 2023. Plada Infotech Services IPO will list on NSE SME with tentative listing date fixed as Thursday, October 12, 2023.

 

Plada Infotech Services IPO price is ₹48 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹288,000. 

Financials

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrow
30-03-2020 2711 5068 120 342.6 341.6 1989.85
30-03-2021 2760 4461 67 408.44 407.44 1952.59
30-03-2022 2720 4887 110 518.1 498.1 1771.67
30-03-2023 2811 6275 234 752.7 552.7 1654.13

IPO Subscription Status

Category Subscription Times
Market Maker 1
Non-Institutional Buyers* 2.88
Retail Investors 20.60
Total 11.74

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 144000
Retail (Max) 1 3000 144000
HNI (Min) 2 6000 288000

IPO Listing Details

Listing Date 11-10-2023
BSE Script Code N/A
NSE Symbol N/A
ISIN N/A
Final Issue Price 48

Promoter holdings

Mr. Shailesh Kumar Damani and Mr. Anil Mahendra Kotak

Pre Issue Share Holding 89.50%
Post Issue Share Holding 62.64%

Contact Information of the Company

Plada Infotech Services Limited
Santosh A. Mishra Compound,
Mograpada, Mogra Village, off. Old Nagardas Road
Andheri (East), Mumbai - 400069
Phone: +91 8976996702
Email: abhishek.jain@pladainfotech.com
Website: https://pladainfotech.com/

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

IPO Lead Manager

Indorient Financial Services Ltd