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

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