Plada Infotech Services Limited

PLADAINFO

₹48-48

per share

Bidding Dates

29-5 Oct

Min. Investment

₹1,44,000.00

Lot Size

3000 shares

Issue Size

₹12.36 Cr

IPO Timeline

Bidding starts

29 Sep ‘23

Bidding ends

05 Oct ‘23

Allotment finalisation*

09 Oct ‘23

Refund initiation*

10 Oct ‘23

Demat transfer

11 Oct ‘23

Listing

13 Oct ‘23

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About the Plada Infotech Services Limited IPO:

Incorporated in 2010, Plada Infotech Services Limited specialises in providing tailored Business Process Outsourcing (BPO) services to clients. Their focus is on exceeding delivery standards and using the latest technology and best practices. They have a skilled team offering a wide range of services across India, with a significant presence in Maharashtra and Tamil Nadu. The company operates exclusively in India and maintains well-defined business agreements with clients, emphasising a stable and direct workforce.

Their services include Account Management, Merchant Acquisition, Field Support, E-commerce Solutions, Business Correspondence, Recruitment and Payroll Management Software, and Technology Development. They aim to streamline business processes, extend services to off-site locations, and provide software solutions for HR and payroll management.

Now, Plada Infotech Services Limited is coming out with its initial public offer (IPO).The Company proposes to utilize the funds which are being raised towards funding the following objects:
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 our Company;
4. General Corporate Purposes;
5. To meet the issue expenses

Here are key details about the Plada Infotech Services Limited IPO:

Company Name	Plada Infotech Services Limited	Company Type	Private
IPO Type	SME	Plada Infotech Services Limited IPO Opening Date	29 September 2023
Plada Infotech Services Limited IPO Closing Date	5 October 2023	Plada Infotech Services Limited IPO Allotment Status	9 October 2023
Credit of Shares to the Demat Account	11 October 2023	Plada Infotech Services Limited IPO Listing Date	13 October 2023
Plada Infotech Services Limited IPO Face Value	₹ 10 per share	Akanksha Power and Infrastructure Limited IPO Lot Size	3000 shares
Plada Infotech Services Limited IPO Issue Size	₹ 12.36 crore	Plada Infotech Services Limited IPO to be Listed on	NSE SME
Plada Infotech Services Limited IPO Price band	₹ 48 per share

IPO analysis

Registrar information

Name

Bigshare Services Pvt Ltd

Phone number

+91-22-6263 8200

Email ID

ipo@bigshareonline.com

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