Plada Infotech Services Limited specializes in delivering comprehensive Business Process Outsourcing (BPO) services tailored to their 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 Infotech provides:
- 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.
- 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.
- 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.
- 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.
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
| IPO Opening Date | 29 September 2023 |
| IPO Closing Date | 05 October 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 25,74,000 Shares Worth ₹12.36 Crore Fresh Issue: 25,74,000 Shares Worth ₹12.36 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹48 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Plada Infotech Services IPO – Date Schedule
| IPO Open Date | 29 September 2023 |
| IPO Close Date | 05 October 2023 |
| Basis of Allotment | 10 October 2023 |
| Initiation of Refund | 11 October 2023 |
| Credit of Shares to Demat Account | 12 October 2023 |
| IPO Listing Date | 13 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 05, 2023 |
Plada Infotech Services IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 3000 | 1,44,000 |
| Retail (Maximum) | 1 | 3000 | 1,44,000 |
| HNI (Minimum) | 2 | 6000 | 2,88,000 |
Competitive Strengths
- Customers’ Satisfaction and their retention.
- Maintaining Long term relationship with clients.
- Experienced promoter and senior management team.
- Company’s distribution Network.
Company Promoters
- Mr. Shailesh Kumar Damani
- Mr. Anil Mahendra Kotak
Object Of The Issue
- Working capital requirements.
- Purchase of Laptops and Accessories for IT Development.
- Repayment and / or Prepayment, in part or in full, of certain outstanding loans.
- General Corporate Purposes.
- Issue related expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 44.61 | 43.67 | 0.66 | 19.52 |
| 31 March 2022 | 48.87 | 47.42 | 1.09 | 17.71 |
| 31 March 2023 | 62.75 | 60.10 | 2.33 | 16.54 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 12.31 |
| ROE | 37 |
| ROCE | 21 |
| Debt/Equity | 2.2 |
| EPS (Rs) | 3.9 |
| RoNW | 31.07 |
Plada Infotech Services IPO Promoter Holding
| Pre Issue Share Holding | 89.50% |
| Post Issue Share Holding | 62.64% |
Plada Infotech Services IPO Prospectus
- Plada Infotech Services IPO DRHP
- Plada Infotech Services IPO RHP
Company Contact Information
| Plada Infotech Services Limited Santosh A. Mishra Compound, Mograpada, Mogra Village, off. Old Nagardas Road Andheri (East), Mumbai – 400069 Phone: +91 8976996702 Email: abhishek.jain@pladainfotech.com Website: https://pladainfotech.com/ |
Plada Infotech Services IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Plada Infotech Services IPO Lead Manager(s)
| 1. Indorient Financial Services Ltd |
Plada Infotech Services IPO FAQs
| What is Plada Infotech Services IPO? Plada Infotech Services IPO is a SME IPO. The issue is priced at ₹48 per equity share. The IPO is to be listed on NSE SME. |
| When Plada Infotech Services IPO will open? The IPO is to open on 29 September 2023 for Other – 50% and Retail – 50% Investors. |
| How to Plada Infotech Services IPO? You can apply Plada Infotech Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Plada Infotech Services IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Plada Infotech Services”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Plada Infotech Services IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Plada Infotech Services”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Plada Infotech Services IPO Size? Plada Infotech Services IPO size is ₹12.36 crores. |
| What is Plada Infotech Services IPO Price Band? Plada Infotech Services IPO Price Band is ₹48. |
| What is Plada Infotech Services IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,44,000 amount while the maximum bid is 3000 shares with ₹1,44,000. |
| What is the Plada Infotech Services IPO Allotment Date? Plada Infotech Services IPO allotment date is 10 October 2023. |
| What is the Plada Infotech Services IPO Listing Date? Plada Infotech Services IPO listing date is 13 October 2023. The IPO is to list on NSE SME. |
