NPST IPO is all set to make its debut on 10th Aug 21 with 101.64 Cr is a banking technology service provider that offers software and mobility solutions to the banking and finance sector.
NPST IPO – overview
| IPO Dates | 28 July- 2 Aug 2021 |
| IPO Price | INR 80 per share |
| Fresh issue | 1,712,000 shares (INR 13.70 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,712,000 shares (INR 13.70 crore) |
| Minimum bid (lot size) | 1600 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
NPST IPO – Tentative Dates
| IPO Offer Opening Date | 28 July 2021 |
| IPO Closing Date | 2 Aug 2021 |
| Finalization of Basis of Allotment | 5 Aug 2021 |
| Initiation of refunds | 6 Aug 2021 |
| Transfer of shares to demat accounts | 6 Aug 2021 |
| IPO Listing Date | 10 Aug 2021 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Incorporated in 2013, 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.
Industry Overview
IT comprises of design, development, implementation and management of computer-based information systems, particularly software applications and computer hardware. The IT-enabled Services (ITeS) industry provides services that are delivered over telecom or data network to a range of external business areas. Therefore, IT acts as a facilitator, an enabler and assumes the role of custodian. It facilitates large volumes of information to be stored, processed and/or transferred at lightning speed.
Competitive Strengths
- Wide range of products & services; IT software & services, digital merchant, and service aggregation.
- Scalable business model across industries, geographies, etc.
- Time Pay is a secure digital platform.
- Highly experienced managers.
Objectives of the issue
- To develop a mobile application in the name of “Time Pay”.
- To acquire IT hardware and equipment.
- To undertake marketing and promotion of “Time Pay”.
- General corporate purposes.
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 1651.89 | 997.23 | 881.25 |
| Total Revenue | 1538.00 | 1524.72 | 1800.14 |
| Profit After Tax | 105.93 | 104.05 | 134.79 |
Company Contact Information
Network People Services Technologies Limited
306, 3rd Floor, Lodha Supremus II, Road No. 22,
Wagle Estate, Thane (West)
Phone: +91–9810497261
Email: cs@npstx.com
Website: http://www.npstx.com/
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: network.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Lead Manager(s)
- BOI Merchant Bankers Ltd (Past IPO Performance)
- Holani Consultants Private limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
