SMEClosed

Plada Infotech Services Limited IPO Subscription Status

📅Offer Date: 29 Sept 2023 – 05 Oct 2023

Minimum investment
₹1,44,0003000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total56.83x
QIB37.80x
NII37.80x
Retail73.78x

Plada Infotech Services Limited IPO was subscribed 56.83x in total when bidding closed on 05 Oct 2023, with 37.80x in the QIB category, 37.80x in NII, 73.78x in retail. The issue ran from 29 Sept 2023 to 05 Oct 2023 at a price band of ₹48.00 per share.

QIB37.80xNII37.80xRetail73.78xTotal56.83x1×

Times subscribed by category against the 1× line.

74
≈ 1 in 74 retail allotment
low allotment chance

Based on retail subscription (73.78x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail12,22,5009,01,96,05073.78x
Total24,45,00013,89,49,35056.83x
QIB / NII12,22,5004,62,10,50037.80x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail5.87432.9473.78x
QIB / NII5.87221.8137.80x
Total11.74654.7556.83x

Values derived from share count × issue price (₹48.00)

What this means for allotment & listing

Because Plada Infotech Services Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Plada Infotech Services Limited IPO subscription FAQs