Plada Infotech Services (NSE SME)

Sep 29, 2023 - Oct 5, 2023

Price ₹48 - ₹48
Premium ₹12
Lot size 3000
Allotment Oct 10, 2023
Listing Oct 13, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 3000 144000 0
HNI 2 6000 288000 0

Last updated on 05-Oct-2023 17:01:02

CategoryOfferedAppliedTimes
NIB12,22,5004,87,95,00039.91
RETAIL12,22,5009,01,92,00073.78
Total24,45,00013,89,87,00056.85
Retail Apps30,064© IPO Premium
About

Incorporated in 2010, Plada Infotech Services Limited specializes in delivering comprehensive Business Process Outsourcing (BPO) services tailored to our clients' specific needs.

The company provides a wide range of services ranging from recruitment & payroll management, merchant acquisition, field support, software solutions, seller onboarding, and account management to clients.

Following is an illustrative list of the business operations and the services that Plada provides:

  1. 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 its activation, documentation, training, and establishment, Application Processing From KYC to TID generation, Automated Lead Management Tool, and M-Reporter Application for Sales to track and manage productivity.
  2. 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.
  3. Recruitment & Payroll Management: Plada 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.
  4. 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.

Plada Infotech Services employs over 1400 employees across the country and presently operates through 12 offices in 12 cities with other cities being serviced remotely.

Plada Infotech Services IPO Details

Issue Size 2,574,000 shares
(aggregating up to ₹12.36 Cr)
Fresh Issue 2,574,000 shares
(aggregating up to ₹12.36 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue 6,000,000
Share holding post issue 8,574,000
Market Maker portion 129,000 shares
Rikhav Securities

Plada Infotech Services IPO Reservation

 

Plada Infotech Services IPO Lead Manager(s)

Indorient Financial Services Ltd

Company Financials

 
Plada Infotech Services IPO Financial Information (Restated Consolidated)
Period Mar 2020 Mar 2021 Mar 2022 Dec 2022
Assets 2,711.29 2,760.03 2,720.30 2,678.76
Revenue 5,068.20 4,460.86 4,887.39 4,764.37
Profit 119.93 66.71 109.87 102.24
Net Worth 342.60 408.44 518.10 620.94
Reserves 341.60 407.44 498.10 420.94
Borrowing 1,989.85 1,952.59 1,771.67 1,630.31
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

Bigshare Services Pvt Ltd

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