Network People Services Technologies Limited
NSE SME₹128,000 / 1600 Shares
Network People Services Technologies Limited IPO Details
The Network People Services Technologies Limited IPO price band is set between ₹76 to ₹80 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 28 Jul, 2021 and closes on 2 Aug, 2021. Investors can check the allotment status on 6 Aug, 2021, while the listing date is tentatively scheduled for 10 Aug, 2021.
The total issue size is 1,712,000 Eq Shares of ₹10 , aggregating up to ₹13.70 Cr. Stay tuned for the latest Network People Services Technologies Limited IPO review and GMP updates.
Network People Services Technologies Limited IPO Review, Rating & Analysis
Network People Services Technologies Limited IPO Review
NO REVIEWNetwork People Services Technologies Limited IPO Rating
Network People Services Technologies Limited IPO Highlights
IPO Date
Jul 28, 2021 - Aug 2, 2021
Listing Date
10 Aug, 2021
Face Value
₹10 Per Equity Share
Price Band
₹76 to ₹80 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Network People Services Technologies Limited IPO Lot Size
The minimum market lot for Network People Services Technologies Limited IPO is 1600 shares with an application amount of ₹1,28,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,28,000 |
| Retail (Max) | 1 | 1600 | ₹1,28,000 |
| S-HNI (Min) | 2 | 3200 | ₹2,56,000 |
| S-HNI (Max) | 7 | 11200 | ₹8,96,000 |
| B-HNI (Min) | 8 | 12800 | ₹10,24,000 |
Network People Services Technologies Limited IPO Timeline
Issue Price
₹76 to ₹80 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdLead Manager
BOI Merchant Bankers Ltd, Holani Consultants Private limitedIssue Size
1,712,000 Eq Shares of ₹10 (aggregating up to ₹13.70 Cr)Network People Services Technologies Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 16.51 | 15.38 | 1.05 | - | - | - |
| 31 Mar 20 | 9.97 | 15.24 | 1.04 | - | - | - |
| 31 Mar 19 | 8.81 | 18.00 | 1.34 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Deepak Chand Thakur
- Ashish Agarwal
- Savita Vashist
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 91.90% | 67.55% |
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.
Network People Services Technologies Limited IPO Subscription 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 |
Frequently Asked Questions about Network People Services Technologies Limited IPO
When will Network People Services Technologies Limited IPO open for subscription?
The Network People Services Technologies Limited IPO opens on 28 Jul, 2021 and closes on 2 Aug, 2021.
What is the investors portion for Network People Services Technologies Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 569600.
How to apply for Network People Services Technologies Limited IPO?
You can apply for Network People Services Technologies Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Network People Services Technologies Limited IPO?
The issue size of Network People Services Technologies Limited IPO is approx ₹1,712,000 Eq Shares of ₹10 (aggregating up to ₹13.70 Cr) crores.
What is the price band of Network People Services Technologies Limited IPO?
The price band for Network People Services Technologies Limited IPO is ₹76 to ₹80 per equity share to ₹undefined.
What is the lot size of Network People Services Technologies Limited IPO?
The minimum bid (lot size) for Network People Services Technologies Limited IPO is N/A shares with an investment of approx ₹128,000 .
What is the allotment date of Network People Services Technologies Limited IPO?
The allotment date for Network People Services Technologies Limited IPO is 6 Aug, 2021.
What is the listing date of Network People Services Technologies Limited IPO?
The listing date for Network People Services Technologies Limited IPO is expected to be 10 Aug, 2021.
What is the GMP of Network People Services Technologies Limited IPO?
The latest Grey Market Premium (GMP) for Network People Services Technologies Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.