Plada Infotech Services IPO Details

Open Date

29 Sep 2023

05 Oct 2023


₹12.36 Cr

Lot Size

IPO Size

Listing At


Listing  Date

Price Range

₹48 per share

Close Date

Allotment Date

10 Oct 2023

13 Oct 2023

IPO Details

Plaza Wires Limited, a 2006 incorporation, manufactures and sells wires as well as sells and markets LT aluminum cables and fast-moving electrical goods (FMEG) under the "PLAZA CABLES" and "Action Wires" and "PCG" household brands. Plada Infotech Services Limited, a company founded in 2010, specializes in providing thorough Business Process Outsourcing (BPO) services that are specifically catered to the requirements of our clients. A list of Plada's commercial activities and services is provided below as illustration: Customer Acquisition: Field Assistance Payroll and Recruitment Management: Management of accounts

About the Company

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To meet the working capital requirements. To purchase Laptops and Accessories for IT Development. Repayment and/or prepayment in part or in full, of certain outstanding loans of the Company. General Corporate Purposes. To meet the issue expenses.


The book-running lead managers to the offer are: Indorient Financial Services Ltd

Book Runners

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