Network People Services Technologies Limited
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Network People Services Technologies Limited's has transitioned to a publicly listed entity following its IPO debut on Aug 10, 2021 at the NSE exchange. The public offering successfully raised 17,12,000 Shares, consisting of TBDin new capital.
The IPO featured a competitive price range of ₹76 to ₹80 and minimum application size of 1600 shares. Market reception was evidenced through subscription activity between Jul 28, 2021 and Aug 02, 2021, reflecting investor appetite for the offering.
Allotment of shares was completed on Aug 05, 2021, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2013, Network People Services Technologies (NPST) is a banking technology service provider offering software and mobility solutions to the banking and finance sector. The company provides digital transformation solutions such as IMPS, Digital Wallet, UPI, and other smart solutions, along with software design, consulting, development, and manpower services. Its flagship application, TimePay, enables a cashless ecosystem with digital payment solutions, society management tools, and digital merchant platforms to help offline businesses scale. Key clients include Canara Bank, Syndicate Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India, and Cosmos Co-operative Bank.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Offerings: Provides IT software & services, digital merchant solutions, and service aggregation.
- Scalable Model: Business can grow across industries and geographies.
- Secure Platform: TimePay ensures safe digital transactions.
- Experienced Management: Led by highly skilled managers.
NA
- Deepak Chand Thakur
- Ashish Agarwal
- Savita Vashist
Network People Services Technologies Limited
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