I used to buy priya brand palada which is very good for palada pradhaman. You can see the instructions on the packet itself.

Ingredients:

Palada                        : 1 pkt

Milk                           : 2 ltrs

Condensed milk         : 1 can

Sugar                          : ½ kg

Cashew                      : 10 pcs

Raisins                       : 2 tbsp

Caradamom               : 5 pods

Ghee                          : 1 tbsp

Method:

Soak the palada in hot water for 20 mins.  Drain the water. Rinse it in cold water.

In a thick bottomed pan add milk and palada and cook in a medium flame till the palada becomes soft. After 20-25 mins  the milk gets reduced to half of the quantity.

Mix the condensed milk with 1 cup of water and pour this to the palada. Add sugar and let it boil for 5 more mins,stir it frequently . Remove from fire.

Fry the cashews (broken) and raisins in the ghee and pour it over the payasam. Grind the cardamom along with 1 tbsp of sugar and sprinkle it over the payasam. Serve it hot or cold.