Plada Infotech Services Limited
listed
₹1.44LMin. investment
Plada Infotech Services Limited IPO Details
Issue size
₹12.36Cr
IPO type
SME
Price range
₹48.00 – ₹48.00
Listing date
13 Oct 2023
Lot size
3000 shares
Price range₹48.00 – ₹48.00
IPO type
SME
Lot size3000 shares
Issue size₹12.36Cr
Plada Infotech Services Limited Timeline
- Bid start29 Sep 2023
- Bid end5 Oct 2023
- Allotment1 Oct 2023
- Release of funds10 Oct 2023
- Demat transfer9 Oct 2023
- Listing13 Oct 2023
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:
- 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 our Company;
- General Corporate Purposes;
- 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 |
Checklist
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial
health at a glance and identify quality investment opportunities easily
Plada Infotech Services Limited Contact Details
Company NamePlada Infotech Services Limited
How to apply for Plada Infotech Services Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.