The Plada Infotech Services IPO commenced on September 29, 2023, and concluded on October 5, 2023. The allotment of shares took place on October 10, 2023, and the initiation of refunds began on October 11, 2023. The shares were credited to the demat accounts of investors on October 12, 2023. Finally, the listing of Plada Infotech Services on the stock exchange occurred on October 13, 2023.
The Plada Infotech Services IPO was priced at ₹48 per share, with a lot size of 3000 shares. The total issue size was ₹12.36 crores, comprising a fresh issue of ₹12.36 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Plada Infotech Services IPO Basic Details
|Company Name||Plada Infotech Services Limited|
|Domain of Company||Mr. Shailesh Kumar Damani|
and Mr. Anil Mahendra Kotak
|Plada Infotech Services IPO GMP Today||₹12|
|Plada Infotech Services IPO Listing Gain||22.22%|
|Plada Infotech Services IPO Open Date||September 29, 2023|
|Plada Infotech Services IPO Close Date||October 5, 2023|
|Plada Infotech Services IPO Allotment Date||October 10, 2023|
|Plada Infotech Services IPO Listing Date||October 13, 2023|
|Face Value||₹10 per share|
|Price||₹48 per share|
|Lot Size||3000 Shares|
|Issue Size||2,574,000 shares of ₹10|
(aggregating up to ₹12.36 Cr)
|Fresh Issue||2,574,000 shares of ₹10|
(aggregating up to ₹12.36 Cr)
|Issue Type||Fixed Price Issue IPO|
|Listing At||NSE SME|
|Company Promoters||Mr. Shailesh Kumar Damani and|
Mr. Anil Mahendra Kotak
Plada Infotech Services IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|1 October 2023||₹12||22.22%||–||–|
Plada Infotech IPO Details:
Plada Infotech Services Limited started its journey in 2010, specializing in providing tailored Business Process Outsourcing (BPO) services to meet our clients’ unique needs.
Our company offers a wide array of services, including recruitment and payroll management, merchant acquisition, field support, software solutions, seller onboarding, and account management.
Here’s a breakdown of what we do:
- Merchant Acquisition: We help Banks, NBFCs, and Startups, both domestic and multinational, acquire and onboard new merchants. Our services range from lead-based visits to cold calls. We handle everything from engaging merchants, activating them, managing documentation, providing training, and establishing their presence. We also handle application processing from KYC to TID generation. Our automated lead management tool and M-Reporter application assist in tracking and managing sales productivity.
- Field Support: Field service management involves dispatching technicians, workers, or contractors to locations outside our company’s premises. They install, maintain, or repair equipment, systems, or assets. Additionally, these professionals oversee the team, assign tasks, generate reports, and maintain customer relationships.
- Recruitment & Payroll Management: We offer comprehensive Payroll Management services, serving Banks and Corporates. We manage end-to-end payroll processes through our Kundali platform.
- Account Management: We handle the processes and compliance related to merchant engagement and activation, data security, merchant acquisition, and program implementation on behalf of our clients.
Currently, Plada Infotech Services has a workforce of over 1400 employees across the country. We operate from 12 offices in 12 cities, with the ability to service other cities remotely.
Plada Infotech Services IPO More Details Click Here
Plada Infotech Services IPO FAQs
When is Plada Infotech Services IPO open?
Plada Infotech Services IPO will open on 29 September 2023.
When is Plada Infotech Services IPO Close?
Plada Infotech Services IPO will be closed on 5 October 2023.
What is Plada Infotech Services IPO GMP Today?
The Plada Infotech Services IPO GMP aka Grey Market Premium is ₹12.
What is Plada Infotech Services IPO Kostak Rates Today?
The Plada Infotech Services IPO Kostak Rate is ₹000.
What is Plada Infotech Services IPO Subject to Sauda Price Today?
The Plada Infotech Services IPO subject to sauda rates is ₹000.
Plada Infotech Services IPO Expected Returns?
The Plada Infotech Services expected return is 22.22%.
How much will be the listing gain in Plada Infotech Services IPO?
Plada Infotech Services IPO will get listing gain of 22.22%. (Approx.)