HomeIPO SMENetwork People Services Technologies Limited IPO Details

Network People Services Technologies Limited IPO Details

- Advertisement -

Network People Services Technologies IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Network People Services Technologies

The company is a banking technology service provider (TSP) and is engaged in providing software and mobility solutions to banking and finance sector primarily focusing on mobile banking applications, digital transaction solutions such as IMPS, UPI, digital wallet, etc. and smart transaction solutions.

The Company is equipped to provide end-to-end services related to payment platforms including mobile banking solutions and are currently rendering the services to Canara Bank, Syndicate Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India Private Limited and Cosmos Co-operative Bank. The Company is also engaged in rendering software service consisting of designing, consulting, development, quality and manpower provisioning under software SDLC.

With a mission to create the largest network of technology enabled merchants / users, the Company has developed a digital ecosystem for the cashless economy through our flagship application named and styled as TimePay

Important Details – Network People Services Technologies

DateDetails
October 04, 2013The company was originally incorporated as a Private Limited Company under the name and style of Network People Services Technologies Private Limited in Mumbai, Maharashtra.
October 09, 2020The company was converted into Public Limited Company and the name of the company was changed to Network People Services Technologies Limited

Objects of the Issue

  • To develop mobile application in the name of TimePay®;
  • To acquire IT hardware and equipments;
  • Marketing and promotion of TimePay®; and
  • To meet general corporate expenses.

Network People Services Technologies Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,651.89 997.23 881.25
Total income 1,538.00 1,524.72 1,800.14
Profit After Tax 105.93 104.05 134.79

Network People Services Technologies IPO Price – Details

DescriptionNPST IPO Details
Public IssuePublic Offer of upto 17,12,000 Equity Shares (Including market maker portion of 86,400 shares)
Issue Open  Date28-Jul-21
Issue Close Date02-Aug-21
Issue TypeBook Building
IPO Price Band₹ 76 – ₹ 80
Face Value ₹ 10
Market Lot 1600 Equity Shares and in multiples thereof
Minimum Order Quantity 1600 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolNPST
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Network People Services Technologies IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11600 1,28,000
Maximum11600 1,28,000

Network People Services Technologies IPO Lead Managers

  • Holani Consultants Private Limited
  • BOI Merchant Banker Limited

Network People Services Technologies Registrar

Company Promoters

  • Deepak Chand Thakur
  • Ashish Aggarwal
  • Savita Vashist

NPST IPO Allotment Status, Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on28-Jul-21
Bid / Offer Closes on02-Aug-21
Finalisation of Basis of Allotment05-Aug-21
Initiation of refunds 06-Aug-21
Credit of the Equity Shares06-Aug-21
Commencement of trading – Listing10-Aug-21

Company Corporate Office

- Advertisement -

C-113, 3rd Floor, Sector 2,
New Metro Station, Sector-15,
Noida, Uttar Pradesh-201301

Company Registered Office

306, 3rd Floor, Lodha Supremus II,
Road No. 22, Wagle Estate,
Thane (West),
MH 400604 IN

Network People Services Technologies IPO – FAQS

When Network People Services Technologies IPO will open ?

The Network People Services Technologies IPO opens on July 28, 2021 and closes on Aug 02, 2021

What is the lot size of Network People Services Technologies IPO ?

The Network People Services Technologies IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

What is the price band for Network People Services Technologies IPO ?

The Network People Services Technologies IPO price band at Rs.76 to Rs.80 per share

Who is the Registrar for Network People Services Technologies IPO ?

The Registrar is Link Intime India Private limited

How to apply in Network People Services Technologies IPO through UPI?

Check the step by step process here – Click here

Follow us on Telegram for all latest updates

- Advertisement -

Leave a IPO Review

IPO Review

Reviews (0)

This article doesn't have any reviews yet.

LEAVE A REPLY

Please enter your comment!
Please enter your name here