Network People Services Technologies Limited
NSE SMEListed On: Aug 10, 2021 at ₹ 84.0
₹ 128000 /1600 Shares
Check AllotmentIPO Details
28 Jul, 2021
Open Date02 Aug, 2021
Close Date06 Aug, 2021
Allotment Date10 Aug, 2021
Listing DateIssue Price
₹76 to ₹80 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
84.0Listing Date
2021-08-10Market Lot
1600 Shares (₹128,000/-)Lead Manager
BOI Merchant Bankers Ltd, Holani Consultants Private limitedIssue Size
1,712,000 Eq Shares of ₹10 (aggregating up to ₹13.70 Cr)Retail Portion
N/ASubscription
22.37 timesIPO 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 |
Valuations
Earnings Per Share (EPS)
₹N/A/-P/E Ratio
N/ARoNW
N/A%Net Asset Value (NAV) - Post Issue
₹N/A/-Company Financials All values are in ₹ Cr.
| 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 The 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)
Pre Issue Share Holding: 91.90%
Post Issue Share Holding: 67.55%
Company Promoter(s)
- Deepak Chand Thakur
- Ashish Agarwal
- Savita Vashist
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. The size of Network People Services Technologies Limited is 1,712,000 Eq Shares of ₹10 (aggregating up to ₹13.70 Cr).
Ans. The IPO price band is set between ₹76 to ₹80 per equity share.
Ans. To apply for Network People Services Technologies Limited IPO, 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 allotment status for Network People Services Technologies Limited here.
