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Plada Infotech Services Ltd

Registered Office : Santosh A Mishra Comp Mograpad,Morga Vil old Nag Rd Andheri E,Mumbai Maharashtra 400069 Phone : +91 8976996702
Fax :

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

Opens On

Closes On

29-Sep-2023

05-Oct-2023

Money Payable On

Application

Allotment

48.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

9.16

12.36

8.57

48.00

Indorient Financial Services Ltd

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

Bigshare Services Pvt Ltd