Basis of Allotment

(THIS IS ONLY AN ADVERTISEMENT FOR INFORMATION PURPOSES AND IS NOT A PROSPECTUS ANNOUNCEMENT. NOT FOR DISTRIBUTION OUTSIDE

wpeD8.jpg (3992 bytes) PLADA INFOTECH SERVICES LIMITED
Our Company was originally incorporated as " Plada Infotech Services Private Limited" as a private limited company under the provision of Companies Act. 1956 pursuant to a Certificate of Incorporation dated October 23, 2010 bearing registration number 209364 issued by Registrar of Companies. Mumbai. Thereafter, our Company was converted into a Public Limited Company and consequently the name of our Company was changed from ‘Plada Infotech Services Private Limited' to "Plada Infotech Services Limited" vide a fresh certificate of incorporation dated May 11, 2023 issued by the Registrar of Companies. The Corporate Identification Number of our Company is: U72900MH2010PLC209364. For further details please refer to section titled "History and Corporate Structure* beginning on page 150 of the Prospectus dated September 22, 2023. filed with Registrar of Companies (ROC).
Registered office and Corporate Office: Santosh A, Mishra Compound, Mograpada, Mogra Village, off. Old Nagardas Road, Andheri (East), Mumbai. Maharashtra 400069 India.
Tel: +91 8976996702; E mail: Abhishek.jain@pladainfotech.com; Website: https://pladainfotech.com; CIN: U72900MH2010PLC209364; Contact Person: Mr. Abhishek Jain, Company Secretary and Compliance Officer
OUR PROMOTERS: MR. SHAILESH KUMAR DAMANI AND MR. ANILMAHENDRA KOTAK.
OUR COMPANY HAS FILED THE PROSPECTUS WITH THE ROC ON SEPTEMBER 23, 2023 AND THE TRADING WILL COMMENCE ON FRIDAY, OCTOBER 13, 2023.
THE EQUITY SHARES OF OUR COMPANY PROPOSED TO GET LISTED ON SME PLATFORM OF NATIONAL STOCK EXCHANGE OF INDIA LIMITED ("NSE EMERGE")
BASIS OF ALLOTMENT

INITIAL PUBLIC OFFER OF 25,74,000 EQUITY SHARES OF FACE VALUE OF Rs. 101- EACH (THE "EQUITY SHARES") OF PLADAINFOTECH SERVICES LIMITED ("OUR COMPANY" OR "PLADA" OR "THE ISSUER") AT AN ISSUE PRICE OF Rs. 48/- PER EQUITY SHARE FOR CASH, AGGREGATING UP TO Rs.1,235.52 LAKHS ("PUBLIC ISSUE") OUT OF WHICH 1,29,000 EQUITY SHARES OF FACE VALUE OF Rs. 101- EACH, AT AN ISSUE PRICE OF U0I- PER EQUITY SHARE FOR CASH, AGGREGATING Rs. 61.92 LAKHS 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. 1,173.60 LAKHS IS

THE FACE VALUE OF THE EQUITY SHARES IS Rs.10/-; THE ISSUE PRICE IS Rs. 48/- PER EQUITY SHARE;
THE ISSUE PRICE IS 4.8 TIMES OF THE FACE VALUE OF THE EQUITY SHARES.
Risk to Investors:

1. Our failure to perform in accordance with the standards prescribed in our client contracts could result in loss of business or payment of liquidated damages.

2. Uncertainty of Client Commitment and Potential Contract Termination.

3. The merchant banker associated with this issue has handled only 4 public issues in the past out of which no issue has closed below issue price on listing date.

4. Average cost of acquisition of the Promoters:

Sr. No. Name No. of Shares Average Cost of Acquisition
1 Shailesh Kumar Damani 50,70,394 0.02
2 Anil Mahendra kotak 3,00,000 0.02

And the issue price is Rs. 48/- per equity share.

5. the Price Earnings ratio based on diluted EPS for Fiscal 2023 for the Company is 12.31

6. Weighted Average Return on Net worth for Fiscal 2023, 2022 and 2021 is 25.28%

7. The Weighted average cost of acquisition compared to issue price:

Types of Transaction Weighted average cost of acquisition (Rs. per Equity Shares) Issue price* (i.e. Rs. 48)
WACA of Primary Issuance (excluding for shares issued pursuant to ESOP and bonus issue) (exceeding 5% of the pre issue fully diluted paid-up share capital during the 18 months preceding the date of Prospectus) in a single transaction or multiple transactions combined together over a span of rolling 30 days. NA NA
WACA of Secondary Sale/ acquisition (excluding gifts) (exceeding 5% of the pre issue fully diluted paid-up share capital during the 18 months preceding the date of Prospectus) in a single transaction or multiple transactions combined together over a span of rolling 30 days. 11.50 48.00
Since there were no secondary transactions of equity shares of our Company during the 18 months preceding the date of filing of this Prospectus, which are equal to or more than 5% of the fully diluted paid-up share capital of our Company, the information has been disclosed for price per share of our Company based on the last five secondary transactions where Promoters / promoter group entities having the right to nominate director(s) on our Board, are a party to the transaction, not older than three years prior to the date of filing of this Prospectus irrespective of the size of the transaction. NA NA

**ost adjustment of bonus shares

8. This being the first Public Offer of our Company, there has been no formal market for the Equity Shares. The face value of the Equity Shares is Rs.10/- each. The Issue Price of Rs. 48/- per equity share (determined and justified by our Company in consultation with the Lead Manager as stated in 'Basis for Issue Price" on page 101 of this Prospectus) should not be considered to be indicative of the market price of the Equity Shares after the Equity Shares are listed. No assurance can be given regarding an active or sustained trading in the Equity Shares or regarding the price at which the Equity Shares will be traded after listing.

ISSUE PERIOD ISSUE OPENED ON: FRIDAY, SEPTEMBER 29, 2023
ISSUE CLOSED ON: THURSDAY, OCTOBER 05, 2023
PROPOSED LISTING: FRIDAY, OCTOBER 13, 2023

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of National Stock Exchange of India Limited (NSE EMER6ETNSE). in terms of the Chapter IX of the SEBI (ICDR) Regulations, 2018, as amended from time to time. Our Company has received an In-Principle approval letter dated September 21,2023 from NS E for using its name in the Prospectus for listing of our shares on NSE EMERGE. It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Prospectus has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Prospectus. The investors are advised to refer to the Prospectus for the full text of the/ Disclaimer Clause of the NSE Emerge of NSE/on page 271 of the Prospectus. For the purpose of this issue, the Designated Stock Exchange will be the NSE. The trading is proposed to be commenced on or about October 13,2023 (subject to receipt of listing and trading approval from the NSE}.

All investors have participated in this issue through APPLICATION SUPPO RTED BY BLOCKED AMOUNT {"AS BA') process including through Unified Payment Interface (‘UPI') mode (as applicable) in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the ‘SCSBs') /Sponsor Bank as the case may be.

TRACK RECORD OF THE BOOK RUNNING LEAD MANAGER: THE MERCHANT BANKER ASSOCIATED WITH THE ISSUE HAS HANDLED 3 SME PUBLIC ISSUE AND 1 MAIN BOARD PUBLIC ISSUE IN THE PAST THREE YEARS.

The Issue was made through the Fixed Price Process, in terms of Rule 19 (2) (b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended f SCRR") read with Regulation 229 and 253 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations") wherein minimum 50% of the Issue was made available to Retail Individual Investors and remaining to Individual applicants other than retail individual investors: and Other investors including corporate bodies or institutions, irrespective of the number of specified securities applied for. All potential Applicants were required to mandatory utilize the Application Supported by Blocked Amount ("ASBA'} process providing details of their respective bank account (including UPI ID for Rlls using UPI Mechanism), in which the corresponding Application Amounts were blocked by the SCSBs or the Sponsor Bank, as applicable. For details, see "Issue Procedure' on page 287 of the Prospectus. The investors are advised to refer to refer to the Prospectus for the full text of the Disclaimer clause pertaining to NSE. For the purpose of this Issue, the Designated Stock Exchange will be the NSE. The trading is proposed to be commenced on or about October 13, 2023'.

'Subject to the receipt of listing and trading approval from the NSE.

SUBSCRIPTION DETAILS

The Issue received 33,202 Applications for 13,93,23.000 Equity Shares (before rejections) resulting in 54.13 times subscription (including reserved portion of market maker). The details of the Applications received in the Issue from various categories are as under (before rejections):

Detail of the Applications Received (after bids not banked cases but before rejections):

The details of the applications received in the issue (before removing Valid and Multiple Rejections and Bids banked but not registered) are as follows:

Category Number of Applications Number of Equity Shares applied Number of Equity Shares reserved as per Prospectus Number of times subscribed
Retail Individual Investors* 30,170 9,05,10,000 12,22,500 74.04
Non-Retail Investors 3,031 4,86,84,000 12,22,500 39.82
Market Maker 1 1,29,000 1,29,000 1.00
TOTAL 33,202 13,93,23,000 25,74,000 54.13

*This includes 26 applications for 78,000 equity shares from Retail investors which were not in book but excludes bids (UPI mandates) not accepted by investors. The details of applications rejected by the Registrar on grounds (including withdrawal) are detailed below:

Category No. of applicants No. of Equity Shares
Retail Individual Investors 628 18,84,000
Non-institutional Bidders 51 3,72,000
Market Maker - -
TOTAL 679 22,56,000

After eliminating rejected applications, the following table gives us category wise net applications:

Category Number of Applications Number of Equity Shares applied Number of Equity Shares reserved as per Prospectus Number of times subscribed
Retail Individual Investors 29,542 8,86,26,000 12,22,500 72.50
Non-institutional Bidders 2,980 4,83,12,000 12,22,500 39.52
Market Maker 1 1,29,000 1,29,000 1.00
TOTAL 32,523 13,70,67,000 25,74,000 53.25

In order to allocate equity shares on proportionate basis and in multiples of 3,000 Equity shares, the allocation to Retail Individual Investors has been increased to 15,84,000 equity shares. Accordingly, the allocation to Non-Retail Investors has been reduced to 8.61.000 equity shares

As per Regulation 253 (2) of the SEBI (ICDR) Regulations, as amended, as present issue is a fixed price issue, if retail individual investor category is entitled to more than fifty percent of the Issue size on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage.

ALLOCATION: The Basis of Allotment was finalised in consultation with the Designated Stock Exchange - NSE on October 10,2023

Allocation to Market Maker (After Rejection & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of Rs. 48/- per Equity Share, was finalised in consultation with NSE. The category was subscribed 1.0 time. The total number of shares allotted in this category is 1,29,000 Equity Shares to 1 successful applicant.

BASIS OF ALLOCATION - Market Maker

NAME OF THE COMPANY: Plada Infotech Services Limited
Sr. No No. of Shares applied for (Category wise) Number of applic ations received % to total Total No. of Shares applied in each category %to total Propor tionate shares available Allocation per Applicant Ration of allottees to applicants Number of successful applicants (after rounding) % to total Total No. of shares allocated/ alloted % to total Surplus/ Deficit (14)-(7)
(1) (2) (3) (4) (5) (6) (7) Before Rounding off (8) After Rounding off (9) (10) (12) (13) (14) (15) (16)
1 1,29,000 1 100.00 1,29,000 100.00 1,29,000 1,29,000 1,29,000 1 1 1 100.00 1,29,000 100.00 0
GRAND TOTAL 1 100.00 1,29,000 100.00 1,29,000 1 100.00 1,29,000 100.00 0

Allocation to Retail Individual Investors (After Rejections & Withdrawal): Allocation to the Retail Individual Investor (after rejections), at the Issue Price of Rs. 48/- per Equity Share, was finalized in consultation with NSE. The category (based on proportionate basis) was subscribed by 55.95 times. The total number of shares allotted in this category is 15,84,000 Equity Shares to 528 successful applicants.

The category wise details of the Basis of Allotment are as under:

BASIS OF ALLOCATION - RETAIL CATEGORY

Sr. No No. of Shares applied for (Category wise) Number of applic ations received % to total Total No. of Shares applied in each category % to total Propor tionate shares available Allocation per Applicant Ration of allottees to applicants Number of successful applicants (after rounding) % to total Total No. of shares allocated/ alloted % to total Surplus/ Deficit (14)-(7)
(1) (2) (3) (4) (5) (6) (7) Before Rounding off (8) After Rounding off (9) (10) (12) (13) (14) (15) (16)
1 3,000 29,542 100.00 8,86,26,000 100.00 15,84,000 53.62 3,000 1 56 528 100.00 15,84,000 100.00 0
GRAND TOTAL 29,542 100.00 8,86,26,000 100.00 15,84,000 528 100.00 15,84,000 100.00 0

• Allocation to Non-institutional Investors (After Rejections): The Basis of Allotment to Non-institutional Investors, at the issue price of 148/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 56.11 times. The total number of shares allotted in this category is 8,16,000 Equity Shares to 288 successful applicants.

The category wise details of the Basis of Allotment are as under:

BASIS OF ALLOCATION - HNI CATEGORY

Sr. No No. of Shares applied for (Category wise) Number of applic ations received % to total Total No. of Shares applied in each category % to total Propor tionate shares available Allocation per Applicant Ration of allottees to applicants Number of successful applicants (after rounding) %to total Total No. of shares allocated/ alloted %to total Surplus/ Deficit (14)-(7)
(1) (2) (3) (4) (5) (6) (7) Before Rounding off (8) After Rounding off (9) (10) (12) (13) (14) (15) (16)
1 6000 2152 72.22 12912000 26.73 230113 106.93 3000 19 531 77 33.62 231000 26.80 887
2 9000 228 7.65 2052000 4.25 36570 160.39 3000 1 19 12 5.24 36000 4.18 -570
3 12000 96 3.22 1152000 2.38 20531 213.86 3000 7 96 7 3.06 21000 2.44 469
4 15000 69 2.32 1035000 2.14 18445 267.32 3000 2 23 6 2.62 18000 2.09 -445
5 18000 53 1.78 954000 1.97 17002 320.79 3000 6 53 6 2.62 18000 2.09 998
6 21000 111 3.73 2331000 4.82 41542 374.25 3000 14 111 14 6.11 42000 4.87 458
7 24000 42 1.41 1008000 2.09 17964 427.71 3000 1 7 6 2.62 18000 2.09 36
8 27000 19 0.64 513000 1.06 9142 481.21 3000 3 19 3 1.31 9000 1.05 -142
9 30000 34 1.14 1020000 2.11 18178 534.65 3000 3 17 6 2.62 18000 2.09 -178
10 33000 14 0.47 462000 0.96 8234 588.14 3000 3 14 3 1.31 9000 1.05 766
11 36000 7 0.23 252000 0.52 4491 641.57 3000 1 7 1 0.44 3000 0.35 -1491
12 39000 4 0.13 156000 0.32 2780 695 3000 1 4 1 0.44 3000 0.35 220
13 42000 19 0.64 798000 1.65 14222 748.53 3000 5 19 5 2.18 15000 1.74 778
14 45000 7 0.23 315000 0.65 5614 802 3000 2 7 2 0.87 6000 0.70 386
15 48000 10 0.34 480000 0.99 8554 855.4 3000 3 10 3 1.31 9000 1.05 446
16 51000 4 0.13 204000 0.42 3636 909 3000 1 4 1 0.44 3000 0.35 -636
17 54000 3 0.10 162000 0.34 2887 962.33 3000 1 3 1 0.44 3000 0.35 113
18 60000 12 0.40 720000 1.49 12832 1069.33 3000 1 3 4 1.75 12000 1.39 -832
19 63000 6 0.20 378000 0.78 6737 1122.83 3000 1 3 2 0.87 6000 0.70 -737
20 66000 2 0.07 132000 0.27 2352 1176 3000 1 2 1 0.44 3000 0.35 648
21 69000 1 0.03 69000 0.14 1230 1230 3000 0 0 0 0.00 0 0.00 -1230
22 72000 2 0.07 144000 0.30 2566 1283 3000 1 2 1 0.44 3000 0.35 434
23 75000 6 0.20 450000 0.93 8020 1336.67 3000 1 2 3 1.31 9000 1.05 980
24 78000 1 0.03 78000 0.16 1390 1390 3000 0 0 0 0.00 0 0.00 -1390
25 81000 2 0.07 162000 0.34 2887 1443.5 3000 1 2 1 0.44 3000 0.35 113
26 84000 2 0.07 168000 0.35 2994 1497 3000 1 2 1 0.44 3000 0.35 6
27 87000 1 0.03 87000 0.18 1550 1550 3000 0 0 0 0.44 0 0.00 -1550
28 90000 6 0.20 540000 1.12 9624 1604 3000 1 2 3 1.31 9000 1.05 -624
29 93000 1 0.03 93000 0.19 1657 1657 3000 1 1 1 0.44 3000 0.35 1343
30 96000 2 0.07 192000 0.40 3422 1711 3000 1 2 1 0.44 3000 0.35 -422
31 99000 1 0.03 99000 0.20 1764 1764 3000 1 1 1 0.44 3000 0.35 1236
32 102000 1 0.03 102000 0.21 1818 1818 3000 1 1 1 0.44 3000 0.35 1182
33 105000 4 0.13 420000 0.87 7485 1871.25 3000 1 2 2 0.87 6000 0.70 -1485
34 108000 1 0.03 108000 0.22 1925 1925 3000 1 1 1 0.44 3000 0.35 1075
35 114000 2 0.07 228000 0.47 4063 2031.5 3000 1 2 1 0.44 3000 0.35 -1063
36 117000 3 0.10 351000 0.73 6255 2085 3000 2 3 2 0.87 6000 0.70 -255
37 120000 6 0.20 720000 1.49 12832 2138.67 3000 2 3 4 1.75 12000 1.39 -832
38 123000 2 0.07 246000 0.51 4384 2192 3000 1 2 1 0.44 3000 0.35 -1384
39 126000 4 0.13 504000 1.04 8982 2245.5 3000 3 4 3 1.31 9000 1.05 18
40 132000 1 0.03 132000 0.27 2352 2352 3000 1 1 1 0.44 3000 0.35 648
41 135000 1 0.03 135000 0.28 2406 2406 3000 1 1 1 0.44 3000 0.35 594
42 138000 2 0.07 276000 0.57 4919 2459.5 3000 1 1 2 0.87 6000 0.70 1081
43 141000 1 0.03 141000 0.29 2513 2513 3000 1 1 1 0.44 3000 0.35 487
44 147000 1 0.03 147000 0.30 2620 2620 3000 1 1 1 0.44 3000 0.35 380
45 150000 3 0.10 450000 0.93 8020 2673.33 3000 1 1 3 1.31 9000 1.05 980
46 153000 2 0.07 306000 0.63 5453 2726.5 3000 1 1 2 0.87 6000 0.70 547
47 156000 2 0.07 312000 0.65 5560 2780 3000 1 1 2 0.87 6000 0.70 440
48 165000 1 0.03 165000 0.34 2941 2941 3000 1 1 1 0.44 3000 0.35 59
49 171000 1 0.03 171000 0.35 3047 3048 3000 1 1 1 0.44 3000 0.35 -47
50 174000 2 0.07 348000 0.72 6202 3101 3000 1 1 2 0.87 6000 0.70 -202
51 177000 1 0.03 177000 0.37 3154 3154 3000 1 1 1 0.44 3000 0.35 -154
52 180000 1 0.03 180000 0.37 3208 3208 3000 1 1 1 0.44 3000 0.35 -208
53 186000 2 0.07 372000 0.77 6630 3315 3000 1 1 2 0.87 6000 0.70 -630
54 243000 1 0.03 243000 0.50 4331 4331 3000 1 1 1 0.44 3000 0.35 -1331
55 270000 2 0.07 540000 1.12 9624 4812 3000 1 1 2 0.87 6000 0.70 -3624
270000 0.00 0.00 3000 1 2 0.00 3000 0.35 3000
56 300000 4 0.13 1200000 2.48 21386 5346.5 3000 1 1 4 1.75 12000 1.39 -9386
300000 0.00 0.00 3000 3 4 0.00 9000 1.05 9000
57 315000 1 0.03 315000 0.65 5614 5614 6000 1 1 1 0.44 6000 0.70 386
58 330000 1 0.03 330000 0.68 5881 5881 6000 1 1 1 0.44 6000 0.70 119
59 456000 1 0.03 456000 0.94 8127 8127 9000 1 1 1 0.44 9000 1.05 873
60 483000 1 0.03 483000 1.00 8608 8608 9000 1 1 1 0.44 9000 1.05 392
61 600000 1 0.03 600000 1.24 10693 10693 12000 1 1 1 0.44 12000 1.39 1307
62 630000 1 0.03 630000 1.30 11228 11228 12000 1 1 1 0.44 12000 1.39 772
63 753000 2 0.07 1506000 3.12 26839 13419.5 12000 1 1 2 0.87 24000 2.79 -2839
753000 0.00 0.00 3000 1 2 0.00 3000 0.35 3000
64 759000 1 0.03 759000 1.57 13527 13527 12000 1 1 1 0.44 12000 1.39 -1527
65 1251000 1 003 1251000 2.59 22295 22295 21000 1 1 1 0.44 21000 2.44 -1295
66 2445000 2 0.07 4890000 10.12 87148 43574 42000 1 1 2 0.87 84000 9.75 -3148
2445000 0.00 0.00 3000 1 2 0.00 3000 0.35 3000
GRAND TOTAL 2980 100.00 48312000 100.00 861000 228 100.00 861000 100.00 0

October 11, 2023. In case the same is not received within ten days, investors may contact the Registrar to the Issue at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The company is in process of obtaining the listing and trading approval from NSE and the trading of the Equity Shares is expected to commence On or about Friday, October 13, 2023.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 22.2023 filed with the Registrar of Companies, Maharashtra at Mumbai ("RoC").

CORRIGENDUM NOTICE TO INVESTORS

This corrigendum is with reference to the Prospectus dated September 22, 2023 filed with RoC in relation to the Issue. In this regard, please note the following:

In Material Contracts under the chapter "MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION" on page 362 of the Prospectus, the statement with read as

"4. Market Making Agreement dated July 20, 2023 executed between our Company, Lead Manager and Market Maker "

"7. Tripartite Agreement dated May 23, 2023 among NSDL, the Company and the Registrar to the Issue."

The Prospectus shall read in conjunction with this Corrigendum. The information in this corrigendum supersedes the information provided in the Prospectus to the extent inconsistent with the information in the Prospectus. The Prospectus stands amended to the extent stated here in above.

All capitalized terms used in this Corrigendum shall unless the context requires, have the same meaning as ascribed in the Prospectus.

INVESTORS PLEASE NOTE

The details of the allotment made has been hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at website: www.bigshareonline.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole Applicant Serial number of the ASBA form, number of Equity Shares applied for. Applicant DP ID, Client ID. PAN. date of submission of the Application Form, address of the Applicant, the name and address of the Designated Intermediary where the Application Form was submitted by the Applicant and copy of the Acknowledgment Slip received from the Designated Intermediary and payment details at the address given below:

wpeD9.jpg (2074 bytes)
BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2, 6th Floor, Pinnacle Business Park. Mahakali Caves Road, next to Ahura Centre, Andheri East, Mumbai- 400093, Maharashtra. India
Tel No.: +91 - 22 - 6263 8200; Fax No.: +91 - 22 - 6263 8299; E-mail: ipo@bigshareonline.com; Investor Grievance Email: investor@bigshareonline.com;
Website: www.bigshareonline.com; CIN: U99999MH1994PTC076534; SEBI Registration No: INR0000013S5: Contact Person: Mr. Vinayak Morbale
On behalf of Board of Directors
Plada Infotech Services Limited
Sd/-
Place: Mumbai Shailesh Kumar Damani
Date: October 11, 2023 Managing Director

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF PLADAINFOTECH SERVICES LIMITED.

Disclaimer: Plada Infotech Services Limited has filed the Prospectus with the RoC on September 23, 2023 and thereafter with SEBI and the Stock Exchanges. The Prospectus is available on the website of SME Platform of NSE at https://www.nseindia.com/ and on the websites of the Lead Manager. Indorient Financial Services Limited at www.indonent.in. Investors should note that investment in Equity Shares involves a high degree of risk and for details relating to the same, please see "Risk Factors" beginning on page 25 of the Prospectus. The Equity Shares have not been and will not be registered under the U .S. Securities Act of 1933, as amended (the "Securities Act') or any state securities laws in the United States, and unless so registered, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to. the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity Shares are being offered and sold outside the United States in 'offshore transactions' in reliance on Regulation under the Securities Act and the applicable laws of each jurisdiction where such offers and sales are made. There will be no public offering in the United States.

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