Basis of Allotment |
(THIS IS ONLY AN ADVERTISEMENT FOR INFORMATION PURPOSES AND IS NOT A PROSPECTUS ANNOUNCEMENT. NOT FOR DISTRIBUTION OUTSIDE
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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:
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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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