
Plada Infotech Services Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹48
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Plada Infotech Services Limited IPO
Plada Infotech Services Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 29 Sept 2023 and concluded on 05 Oct 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹48.
During the bidding window, Plada Infotech Services Limited witnessed heavy demand with an overall subscription of 54 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.
The equity shares of Plada Infotech Services Limited officially debuted on the stock exchanges on 13 Oct 2023 at an opening listing price of ₹59, delivering a listing day return of +22.92% (premium) over the final issue price. As per the latest market data, the stock trades at ₹30.05, representing an overall decline of -37.40% since its IPO allotment.