Plada Infotech Services IPO Allotment Status Online

The Plada Infotech Services IPO allotment status will be available on October 9, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Plada Infotech Services IPO allotment status online:

• Visit the Plada Infotech Services IPO allotment status page.
• Click on the green Plada Infotech Services IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Plada Infotech Services IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Plada Infotech Services IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Plada Infotech Services IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Plada Infotech Services IPO allotment status is expected on October 9, 2023. Click the green button Plada Infotech Services IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Plada Infotech Services IPO oversubscribed in the retail category, the Plada Infotech Services IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Plada Infotech Services IPO shares will get listed on Friday, October 13, 2023. The equity share of Plada Infotech Services Limited will list on NSE SME.

The reason you didn't get the Plada Infotech Services IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).