What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Plada Infotech Services Limited IPO?

Plada Infotech Services Limited IPO has received a total subscription of 56.85 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Plada Infotech Services Limited

ListedSME

Emerging SME Services · NSE

Incorporated in 2010, Plada Infotech Services Limited is a Business Process Outsourcing (BPO) company offering end-to-end solutions across merchant acquisition, field support, recruitment and payroll management, account management, and software services. The company provides merchant onboarding for banks, NBFCs, and startups, including engagement, documentation, training, and application processing. Its field support team manages installation, maintenance, and customer relationships, while payroll services are delivered via the Kundali platform. Plada operates 12 offices across India, employs over 1,400 staff, and also provides services remotely to additional cities.

Price Band

₹48

Issue Size

₹12.36 Cr

Lot Size

3000 shares

GMP

₹12

+25.0%

Est. Listing

₹60

at current GMP

Subscribed

56.85x

overall

Open

29 Sep 2023

5 Oct 2023

Allotment

10 Oct 2023

Refund

11 Oct 2023

Demat Credit

12 Oct 2023

Listing

13 Oct 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

56.85x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

39.91x

High Net-Worth

Retail (RII)

73.78x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 56.85x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,222,500	48,795,000	39.91x
RETAIL	1,222,500	90,192,000	73.78x
Total	2,445,000	138,987,000	56.85x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 72.58x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	300	22,134	73.78x
HNIs (10L +)	2	80	39.91x
HNIs (2-10L)	9	359	39.91x
Total Applications	311	22,573	72.58x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Plada Infotech Services Limited Public Issue & Market Profile

Plada Infotech Services Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹12.36 Crores. The shares are offered at a price band of ₹48 to ₹48 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-10-12, while un-allotted funds or UPI block mandates will be released on 2023-10-11.

Frequently Asked Questions

What is Plada Infotech Services Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Plada Infotech Services Limited IPO is ₹12 per equity share. Based on the upper price band of ₹48 to ₹48 per equity share, the estimated listing price is ₹60 (+25.0% expected listing gain).

What is the expected profit per lot for Plada Infotech Services Limited IPO?

With a lot size of 3000 shares and current GMP of ₹12, the expected profit per application lot is approx ₹36,000 (+25.0% gain). Minimum application cost is approx ₹1,44,000.

What is the issue size and price band for Plada Infotech Services Limited IPO?

The Plada Infotech Services Limited IPO aggregate issue size is ₹12.36 Crores with an equity price band set at ₹48 to ₹48 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,44,000.

How can I check Plada Infotech Services Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 56.85x (Retail: 73.78x, QIB: 0.00x, NII: 39.91x). You can track live multiples directly on our dedicated subscription page.

Where and when will Plada Infotech Services Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-10-10. Investors can verify status using PAN card or application number.

When is the listing date for Plada Infotech Services Limited IPO?

Plada Infotech Services Limited shares are scheduled to list on NSE on 2023-10-13.