Plada Infotech Services Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

Plada Infotech S

CMP

26.60

-0.75 (-2.74%)

₹48

Offer Price

₹ 12.36 Cr

Issue Size

₹ 1,44,000

Min Investment

3,000

Lot size

Time Line

  • 29
    Sep 2023
    Open
  • 05
    Oct 2023
    Close
  • 10
    Oct 2023
    Finalisation of Basis of Allotment
  • 11
    Oct 2023
    Initiation of Refunds
  • 11
    Oct 2023
    Transfer of Shares to Demat Account
  • 13
    Oct 2023
    Listing Date

Objects of the Offer

  • Investment in infrastructure and technology.

  • Retain and expand its Current clientele and initiate new Business relationships.

  • Retain and expand our Current clientele and initiate new Business relationships.

Products & Services

  • The Company is a leading provider of Business Process Outsourcing (BPO) services.

Strengths

  • Customers` Satisfaction and their retention.

  • Maintaining Long term relationship with clients.

  • Experienced promoter and senior management team.

  • Its distribution Network.

Risks

  • The company fails to perform in accordance with the standards prescribed in its client contracts could result in loss of business or payment of liquidated damages.

  • Uncertainty of Client Commitment and Potential Contract Termination.

  • The company recent rapid growth may not be indicative of its future growth, and, if the continue to grow rapidly, the company may not be able to manage its growth effectively.

  • The company`s business is subject to extensive government regulation, which may restrict the types of services the company is permitted to issue or result in additional tax or other costs that reduces the company revenues and earnings. Its inability to receive or renew the necessary licenses, approvals and registrations in a timely manner or at all may lead to interruption of the Company`s operations.

  • The company may fails to attract and retain sufficiently trained employees to support its operations, as competition for qualified personnel is intense and the company experience significant employee turnover rates.

Company Promoters

Promoters Holding

Issue For IPO
26.87%
Pre Holding

89.51%

Post Holding

62.64%

Top Promoters Holding

Financials

All values in Cr

Mar-2021 Mar-2022 Mar-2023 3-Yr trend
Revenue 44.55 (-) 48.78 (9.50%) 62.17 (27.50%)
Gross Profit 1.24 (-) 1.66 (33.90%) 2.79 (68.10%)
Net Income 0.66 (-) 1.10 (66.70%) 2.34 (112.70%)
Assets 23.77 (-) 23.12 (-2.70%) 24.36 (5.40%)
Liabilities 19.69 (-) 17.94 (-8.90%) 16.83 (-6.20%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Plada Infotech Services Ltd 62.17 2.34 24.36 16.83 31.07 11.70 37.64 4.70 0.68
Firstsource Solutions Ltd 6,022.32 513.72 5,664.37 5,664.37 15.25 7.55 48.31 9.06 0.25
eClerx Services Ltd 2,647.90 488.82 2,287.74 2,287.74 28.50 98.76 357.36 21.36 0.00

Book Running Managers

  • Indorient Financial Services Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

Santosh A Mishra Comp Mograpad,
Morga Vil old Nag Rd Andheri E,
Mumbai - 400069
Phone : +91 8976996702 Email : abhishek.jain@pladainfotech.com www.pladainfotech.com

Offer Related Information

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... More

Plada Infotech S FAQ's

The shares of Plada Infotech S were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Plada Infotech S IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Plada Infotech S public issue was 125 shares.

The price band of the IPO of Plada Infotech S was Rs. 114 to Rs. 120 per equity share.

Plada Infotech S IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Plada Infotech S IPO.

qr-code
login-icon

Take your research to the next level.
Login now to unlock Exclusive Features!

login-icon-1

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: