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Plada Infotech Services IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Outsourcing - BPO sector. Indorient Financial Services is the merchant banker of Plada Infotech Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd June 2023.
Plada Infotech Services IPO open date is 29th September 2023 and close date is 5th October 2023. IPO Allotment Date is 9th October 2023 and Listing date is 13th October 2023.Plada Infotech Services IPO size is Rs 12.36 Cr. crores with IPO price of Rs 48.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Indorient Financial Services Limited is the book-running lead manager of the Plada Infotech Services IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Plada Infotech Services IPO.
Plada Infotech Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Plada Infotech Services IPO, based in Mumbai, operates in the Outsourcing - BPO sector with a focus on delivering comprehensive Business Process Outsourcing (BPO). The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Plada Infotech Services IPO size is ₹ 12.36 Cr. Crores with fresh issue size of Rs 12.36 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Plada Infotech Services IPO is expected to be 9th October 2023, after the finalization of basis of allotment. Investors can check Plada Infotech Services IPO allotment status on the registrars website, Bigshare Services Private Limited. Plada Infotech Services IPO refund dates are 10th October 2023.
Plada Infotech Services IPO is expected to be listed on 13th October 2023.
The upper price band for the Plada Infotech Services IPO is set at ₹ 48.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Plada Infotech Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Plada Infotech Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th October 2023. After submission, funds are blocked until the basis of allotment of Plada Infotech Services IPO is finalised.
The merchant banker for Plada Infotech Services IPO is Indorient Financial Services Limited . Indorient Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Plada Infotech Services IPO RHP for further details.
The registrar for Plada Infotech Services IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Plada Infotech Services IPO through their official website or helpline.
Plada Infotech Services IPO was subscribed 57.85 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 12.36 Cr.
Avg IPO Size (Sector Based)
:
₹ 7.51 Cr.
Sector: Outsourcing - BPO
SME IPO so far:
5
Merchant Banker:
Indorient Financial
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 62.16 cr.
PE
Ratio:
17.58x
Average Sector PE Ratio: 15.42x
Plada Infotech Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Plada Infotech Services Financial Review Page
Merchant Banker(s) of Plada Infotech Services IPO: Indorient Financial Services Limited
Plada Infotech Services IPO subscription was 57.85 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Plada Infotech Services IPO listed at a listing price of 56.05 against the offer price of 48.00.
The current market price of Plada Infotech Services is 18.15.
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