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IPO Details


Plada Infotech Services Ltd
Registered Office: Santosh A Mishra Comp Mograpad, Morga Vil old Nag Rd Andheri E, Mumbai - 400069, Maharashtra
Phone: +91 8976996702
Email: abhishek.jain@pladainfotech.com
Website: www.pladainfotech.com
Initial public offer of up to 25,74,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Plada Infotech Services Limited (the Company or Plada) at an issue price of Rs. 48/- per equity share for cash, aggregating up to Rs. 12.36 crores (Public Issue) out of which 1,29,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 48/- per equity share for cash, aggregating Rs. 0.62 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 24,45,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 48/- per equity share for cash, aggregating upto Rs. 11.74 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute Rs. 12.36 crores and Rs. 11.74 croress respectively of the post-issue paid-up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-2023 05-Oct-2023 48.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
()Cr. Lead Managers to the Issue
Project Cost 9.16 Indorient Financial Services Ltd
Project Financed through Current Offer 12.36
Post Issue Equity Share Capital 8.57
Issue Price 48.00
Projects
Working capital requirements
Purchase of Laptops & Accessories for IT Development
Repayment and/or prepayment in part or in full of certain outstanding loans
General corporate expenses
Promoted By
Shailesh Kumar Damani
Anil Mahendra Kotak
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)