Plada Infotech Services Limited IPO DetailsPlada Infotech Services Limited IPO Details

In this article, we’ll dive into the details of the Plada Infotech Services Limited IPO. Plada Infotech is a well-established company in the Business Process Outsourcing (BPO) industry, known for its customized services that cater to clients’ specific needs. With over a decade of experience, they’ve built a strong reputation as a trusted partner across various industries.

What Plada Infotech Offers:

Plada Infotech provides a range of services, including:

Recruitment & Payroll Management: They offer comprehensive Payroll Management services that simplify the payroll process for banks and corporates, ensuring efficiency and accuracy.

Merchant Acquisition: Plada specializes in merchant acquisition services, working with banks, NBFCs, and startups. Their services cover everything from lead generation to merchant engagement and KYC processing.

Field Support: They dispatch skilled technicians to handle equipment installation, maintenance, and repairs at off-site locations efficiently.

Account Management: Plada takes care of account management processes, ensuring smooth operations and compliance for their clients.

Their Reach:

Plada Infotech has a dedicated workforce of over 1400 professionals across 12 offices in 12 cities, making them well-equipped to offer top-notch BPO solutions tailored to specific requirements.

IPO Details:

IPO Date: September 29, 2023, to October 4, 2023.
Face Value: ₹10 per share.
IPO Price: ₹48 per share.
Lot Size: 3000 Shares.
Total Issue Size: 2,574,000 shares (amounting to ₹12.36 Crores).
Issue Type: Fixed Price Issue IPO.
Listing: NSE SME.
Use of Funds: The funds raised through the IPO will be used for various purposes, including meeting working capital needs, purchasing IT equipment, loan repayment, general corporate purposes, and covering issue expenses.

IPO Reservation:

50% of the shares are reserved for specific categories or investors, while the other 50% is for retail investors, ensuring a balanced distribution.

Lot Sizes:

Retail (Min): 1 lot = 3000 shares for ₹144,000.
Retail (Max): 1 lot = 3000 shares for ₹144,000.
HNI (Min): 2 lots = 6000 shares for ₹288,000.

Important Dates:

IPO Open Date: September 29, 2023.
IPO Close Date: October 4, 2023.
Basis of Allotment: October 9, 2023.
Initiation of Refunds: October 10, 2023.
Credit of Shares to Demat: October 11, 2023.
Listing Date: October 12, 2023.


If you have any queries regarding the IPO, you can contact the registrar, Bigshare Services Pvt Ltd, at [email protected] or on their website:


What is Plada Infotech Services IPO?

It’s an IPO of 2,574,000 equity shares priced at ₹48 per share, opening on September 29, 2023, and closing on October 4, 2023.

How to apply for Plada Infotech Services IPO through Zerodha?

You can apply online through Zerodha Console using UPI.

When is Plada Infotech Services IPO listing date?

The tentative listing date is October 12, 2023.

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