31 Mar 2020
Assets27.11
Total Income50.68
Profit After Tax1.20
NET Worth3.43
Reserves and Surplus3.42
Total Borrowing19.90
At a glance
Updated 2026-08-23The shares listed at ₹59.00, a 22.92% move from the issue price. Plada Infotech Services is a SME IPO with an issue size of ₹12.36 crore, proposed for listing on NSE SME. The offer opens on 29th Sep 2023 and closes on 5th Oct 2023. The issue structure includes a fresh issue of ₹11.74 crore. The current listing schedule points to 13th Oct 2023.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹12.36 Cr
Fresh issue₹11.74 Cr
Face value₹10
Price band—–—
Allotment9th Oct 2023
Listing13th Oct 2023
Listing performance
Full performance ↗Issue price₹48.00
Listing price₹59.00
Current price—
Listing gain22.92%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹7.00
GMP / upper priceNO DATA
Est. listing₹55.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Sep 2023
Closes5th Oct 2023
Allotment9th Oct 2023
Refund10th Oct 2023
Demat11th Oct 2023
Listing13th Oct 2023
Subscription demand
Full bidding ↗Total57.85×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| To meet the working capital requirements | ₹2.89 Cr |
| To purchase Laptops and Accessories for IT Development; | ₹0.30 Cr |
| Repayment and / or prepayment in part or in full, of certain outstanding loans of the Company; | ₹3.00 Cr |
| General Corporate Purposes | ₹2.97 Cr |
Financials
Full financials ↗31 Mar 2021
Assets27.60
Total Income44.61
Profit After Tax0.67
NET Worth4.08
Reserves and Surplus4.07
Total Borrowing19.53
31 Mar 2022
Assets27.20
Total Income48.87
Profit After Tax1.10
NET Worth5.18
Reserves and Surplus4.98
Total Borrowing17.72
31 Mar 2023
Assets28.11
Total Income62.75
Profit After Tax2.34
NET Worth7.53
Reserves and Surplus5.53
Total Borrowing16.54
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS3.90
Pre-IPO P/E12.31
Post-IPO P/E17.58
Promoter holding pre89.5%
Promoter holding post62.64%
Market cap₹41.16 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue relating expenses such as fees to Lead Manager Fixed Fee, Registrar to the Issue, Legal Advisors, Auditors, statutory advertisements and other expenses incurred / to be incurred including promotional expenses | ₹2.90 Cr |
| Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹0.20 Cr |
| Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees, other regulatory expenses and sundry expenses | ₹0.10 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Indorient Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.