Plada Infotech IPO

Plada Infotech India Limited

₹1,44,000 /3000 sharesMinimum Investment

Plada Infotech IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
29 Sep ‘23 - 5 Oct ‘23₹1,44,0003,000₹48 - ₹48
Issue SizeIPO Doc
12.36Cr
RHP PDF

About Plada Infotech

Plada Infotech was incorporated in 2010. The company specializes in providing customized business process outsourcing (BPO) services. They leverage cutting-edge technology and industry best practices to deliver top-quality solutions. The company operates across multiple regions in India, primarily focusing on Maharashtra and Tamil Nadu, where they generate a substantial portion of their revenue. Plada Infotech is exclusively based in India and does not have any overseas operations or subsidiaries. Plada Infotech's service offerings include merchant acquisition, field support, account management, recruitment and payroll management, business correspondence, and other software solutions. ;
Founded in
2010
Managing director
Mr. Shailesh Kumar Damani
Parent organisation
Plada Infotech India Limited

Strengths & Financials of Plada Infotech

Strengths
Risks
Plada Infotech has a wide-reaching distribution network, spanning across 12 office locations in different Indian cities. They extend their services to even more cities through a network of resident engineers. This extensive coverage allows them to cater to a diverse clientele, serving banks, corporates, SMEs, and various other businesses.
Their after-tax profits increased from Rs. 66.71 lakhs in 2021 to Rs. 109.86 lakhs in 2022 and further to Rs. 233.82 lakhs in 2023. Meanwhile, their total income rose from Rs. 4,460.86 lakhs in 2021 to Rs. 4,887.39 lakhs in 2022 and then to Rs. 6,275.12 lakhs in 2023.
Plada Infotech helps businesses identify and onboard new merchants through a bank referral model and open market strategy.
They offer guidance to merchants in setting up essential infrastructure for accepting customer payments. This involves point-of-sale (POS) systems, payment gateways, and other payment processing technologies, ensuring a smooth transition.

Plada Infotech Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Plada Infotech IPO

Apply asPrice bandApply upto
Regular48 - 48₹2 Lakh
High Networth Individual48 - 48₹2 - 5 Lakh
For Plada Infotech IPO, eligible investors can apply as Regular.
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