Plada Infotech Services Limited

Company Profile
Company Name Plada Infotech Services Limited
Open Date 29-09-2023
Close Date 04-10-2023
Exchange NSE SME
Lot Size 3000 Shares
Issue Price ₹48 per share
Issue Size 2,574,000 shares
Application Amount ₹ 1,44,000
Recommendation Apply
Plada Infotech Services Limited was incorporated in the year 2010 and has its registered office in Mumbai, Maharashtra. Company specializes in delivering comprehensive Business Process Outsourcing (BPO) services tailored to its clients' specific needs. Company specializes in areas such as Account Management, Merchant Acquisition, Field Support, E-commerce, Business Correspondence, Recruitment and Payroll Management Software Solutions and Technology development. The Company’s business operations span across various regions within India, with a notable concentration of business activities in the states of Maharashtra and Tamil Nadu. As on March 31st, 2023, the company had 1,519 employees on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 2,760.03 2,720.31 2,811.09
Net Assets 408.44 518.10 752.70
Total Borrowings 1,952.59 1,771.67 1,654.13
Total Revenue 4,460.86 4,887.39 6,275.12
Profit After Tax 66.71 109.88 233.82

Tentative Timeline

Opening Date 29-09-2023
Closing Date 04-10-2023
Basis of Allotment 09-10-2023
Initiation of Refunds 10-10-2023
Credit of Shares to Demat 11-10-2023
Listing Date 12-11-2023

Objects of the Issue

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 the Company.
General corporate purposes.
To meet the issue expenses.

Contact Information

Registered Office Plada Infotech Services Limited - Santosh A. Mishra Compound, Mograpada, Mogra Village, off. Old Nagardas Road Andheri (East), Mumbai - 400069
Phone +91 8976996702

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Other Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer

Shareholding Pattern

Share Holding Pre Issue(Promoters) 89.51%
Share Holding Post Issue(Promoters) 62.64%

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