Last updated on October 13, 2023
Plada Infotech IPO Description – Incorporation in 2010, Plada Infotech Services specializes in delivering comprehensive Business Process Outsourcing (BPO). Its focus is on exceeding delivery standards and providing high-quality solutions using the latest technology and industry best practices.
Following is an illustrative list of the business operations and the services that Plada Infotech Services 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 activation, documentation, training, and establishment, application processing from KYC to TID generation, an 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: The company 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.
The company has over 1,400 employees across the country and operates through 12 offices in 12 cities with other cities being serviced remotely.
Promoters of Plada Infotech – Mr. Shailesh Kumar Damani and Mr. Anil Mahendra Kotak
Table of Contents
Plada Infotech IPO Details
| Plada Infotech IPO Dates | 29 Sep – 5 Oct 2023 |
| Plada Infotech Issue Price | INR 48 per share |
| Fresh issue | 25,74,000 shares (INR 12.36 crore) |
| Offer For Sale | NIL |
| Total IPO size | 25,74,000 shares (INR 12.36 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 144,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Plada Infotech Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 44.55 | 48.78 | 62.17 |
| Expenses | 43.67 | 47.42 | 60.10 |
| Net income | 0.66 | 1.10 | 2.34 |
Plada Infotech Offer News
- Plada Infotech RHP
- Plada Infotech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Plada Infotech Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.10 | 1.83 | 3.90 |
| PE ratio | – | – | 12.31 |
| RONW (%) | 16.12 | 21.17 | 31.07 |
| NAV | 6.81 | 8.64 | 12.55 |
| ROCE (%) | 14.00 | 18.00 | 21.00 |
| EBITDA (%) | 8.01 | 8.92 | 8.25 |
| Debt/Equity | 4.78 | 3.42 | 2.20 |
Plada Infotech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 12 October 2023 | 7 | – | 14,000 |
| 11 October 2023 | 7 | – | 14,000 |
| 10 October 2023 | 10 | – | 16,000 |
| 9 October 2023 | 9 | – | 15,000 |
| 7 October 2023 | 7 | – | 12,000 |
| 6 October 2023 | 7 | – | 16,000 |
| 5 October 2023 | 10 | – | 25,000 |
| 4 October 2023 | 15 | – | 34,000 |
| 3 October 2023 | 18 | – | 38,000 |
| 2 October 2023 | 20 | – | 40,000 |
| 30 September 2023 | 18 | – | 38,000 |
| 29 September 2023 | 20 | – | 39,500 |
| 28 September 2023 | 15 | – | 33,000 |
| 27 September 2023 | 15 | – | 35,000 |
| 26 September 2023 | 20 | – | 40,000 |
| 25 September 2023 | 20 | – | 40,000 |
Plada Infotech IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 1,351,500 | 1,222,500 | 2,574,000 |
| 5 Oct 2023 | 36.10 | 73.78 | 54.00 |
| 4 Oct 2023 | 3.69 | 31.09 | 16.71 |
| 3 Oct 2023 | 1.48 | 13.56 | 7.22 |
| 29 Sep 2023 | 0.22 | 2.56 | 1.33 |
Plada Infotech IPO Allotment Status
Plada Infotech IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Plada Infotech IPO Dates & Listing Performance
| IPO Opening Date | 29 September 2023 |
| IPO Closing Date | 5 October 2023 |
| Finalization of Basis of Allotment | 10 October 2023 |
| Initiation of refunds | 11 October 2023 |
| Transfer of shares to demat accounts | 12 October 2023 |
| IPO Listing Date | 13 October 2023 |
| Opening Price on NSE SME | INR 59 per share (up 22.92%) |
| Closing Price on NSE SME | INR 56.05 per share (up 16.77%) |
Plada Infotech Offer Lead Manager
INDORIENT FINANCIAL SERVICES LIMITED
A/501, Rustomjee Central Park, Executive Spaces,
Andheri Kurla Road, Chakala, Mumbai – 400093, Maharashtra
Phone: +91 79772 12186
Email:Â [email protected]
Website:Â www.indorient.in
Plada Infotech Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. 56-2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri East,
Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Plada Infotech Contact Details
PLADA INFOTECH SERVICES LIMITED
Santosh A. Mishra Compound, Mograpada, Mogra Village,
off. Old Nagardas Road, Andheri (East), Mumbai, Maharashtra – 400069
Phone: +91 8976996702
E-mail: [email protected]
Website: www.pladainfotech.com
IPO FAQs
What is the Plada Infotech IPO offer size?
Plada Infotech offer size is INR 12.36 crores.
What is the Plada Infotech offer price band?
Plada Infotech public offer price is INR 48 per share.
What is the lot size of Plada Infotech public offer?
Plada Infotech offer lot size is 3,000 shares.
What is Plada Infotech IPO GMP today?
Plada Infotech IPO GMP today is INR 7 per share.
What is the Plada Infotech kostak rate today?
Plada Infotech kostak rate today is INR NA per application.
What is Plada Infotech Subject to Sauda rate today?
Plada Infotech Subject to Sauda rate today is INR 14,000 per application.
