Network People Services Technologies Limited
NSE SMEListed On: Aug 10, 2021 at ₹ 84.0
₹ 256000 /3200 Shares
*Min Investment
28 Jul, 2021
Open Date02 Aug, 2021
Close Date06 Aug, 2021
Allotment Date10 Aug, 2021
Listing DateIPO Issue Details
- Issue Price ₹76 to ₹80 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,712,000 Eq Shares of ₹10 (aggregating up to ₹13.70 Cr)
- Listing at NSE SME
- List Price 84.0
- Listing Date 2021-08-10
- Lead Manager BOI Merchant Bankers Ltd, Holani Consultants Private limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Network People Services Technologies Limited is an SME IPO, priced at ₹76 to ₹80 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jul 28, 2021 to Aug 2, 2021. The allotment is expected to be finalized on Aug 6, 2021, and the tentative listing date is Aug 10, 2021.
The registrar of the IPO is Link Intime India Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 374,400/681,600 | 569,600 | 1,625,600 |
Day 1 28-07-21 07:00 PM | 0.00/0.28 x | 17.25x x | 6.16x x |
Day 2 29-07-21 05:00 PM | 0.00/0.91 x | 26.96 x | 9.83 x |
Day 3 30-07-21 05:00 PM | 1.00/1.00 x | 34.47 x | 12.73 x |
Day 4 02-08-21 05:00 PM | 1.10/10.40 x | 50.68 x | 22.37 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 16.51 | 9.97 | 8.81 |
| Revenue | 15.38 | 15.24 | 18.00 |
| Profit After Tax | 1.05 | 1.04 | 1.34 |
About Company
Network People Services Technologies (NPST) is a banking technology service provider that offers software and mobility solutions to the banking and finance sector. The company offers digital transformation solutions i.e. IMPS, Digital Wallet, UPI, and other smart art solutions. The company further offers software designing, consulting, development, and manpower provisioning services.
"TimePay" is its flagship application to enable users to create a digital ecosystem for the cashless economy. For instance, TimePay digital platform provides digital payment solutions i.e. UPI, mandate solutions, QR-based payments, etc. TimePay society is a platform that provides comprehensive solutions to manage society relations, accounting, security, user merchants, vendor relations, and more. TimePay digital merchant is a platform for offline merchants to grow and scale their business using technology.
Canara Bank, Syndicate Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India Private Limited, and Cosmos Co-operative Bank are some of its marquee customers.
- Promoter(s)
Deepak Chand Thakur
Ashish Agarwal
Savita Vashist
Pre Issue Share Holding : 91.90%
Post Issue Share Holding : 67.55%
IPO - Issue Objectives
To develop mobile application in the name of "TimePay".
To acquire IT hardware and equipments.
To undertake marketing and promotion of "TimePay".
General corporate purposes.
IPO - FAQs
Ans. Network People Services Technologies Limited is a SME IPO. The issue is priced at ₹76 to ₹80 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jul 28, 2021, and closes on Aug 2, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Network People Services Technologies Limited opens on Jul 28, 2021 and closes on Aug 2, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Network People Services Technologies Limited is 1,712,000 Eq Shares of ₹10 (aggregating up to ₹13.70 Cr).
Ans. The Network People Services Technologies Limited price band is set between ₹76 to ₹80 per equity share.
Ans. To apply for Network People Services Technologies Limited, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Network People Services Technologies Limited in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Network People Services Technologies Limited is Aug 6, 2021.
Ans. The Network People Services Technologies Limited will be listed on Aug 10, 2021.
Ans. Follow the steps to check the Network People Services Technologies Limited allotment status online.
