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Network People Services Technologies Limited Logo

Network People Services Technologies Limited

Jul 28, 2021 – Aug 02, 2021
Listed Price:
₹84.00
(+5.00%)
Price Band₹76-₹80
Lot Size1,600 Shares
Allotment DateAug 05, 2021
Listing DateAug 10, 2021
Subscription-
Issue Size₹14.00 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

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.

Network People IPO Details
IPO Date
:
Jul 28, 2021 to Aug 02, 2021
Allotment Date
:
Aug 05, 2021
List Date
:
Aug 10, 2021
Lot Size
:
1,600 share
Issue Price
:
₹76-₹80
Issue Size
:
17,12,000 (aggregating up to 14.00 Cr)
Fresh Issue
:
-
Offer For Sale
:
-
Listing At
:
NSE
Share Holding Pre-Issue
:
47,50,000
Share Holding Post-Issue
:
64,62,000
Market Marker Portion
:
86,400
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

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.

IPO Reservation
Shares17,12,000
Market Maker
5.05%(86,400)
QIB
21.87%(3,74,400)
NII (HNI)
39.81%(6,81,600)
RETAIL
33.27%(5,69,600)
Total
100.00%(17,12,000)
Network People IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
Network People IPO About Company

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."

✅Network People IPO Strength Factors
  1. Wide Offerings: Provides IT software & services, digital merchant solutions, and service aggregation.
  2. Scalable Model: Business can grow across industries and geographies.
  3. Secure Platform: TimePay ensures safe digital transactions.
  4. Experienced Management: Led by highly skilled managers.
⚠️Network People IPO Risk Factors

NA

🏦Network People IPO Lead Manager(s)
Boi Merchant Bankers LimitedHolani Consultants Private Limited
👤Network People IPO Promoter(s)
  1. Deepak Chand Thakur
  2. Ashish Agarwal
  3. Savita Vashist
🏢Network People IPO Company Details

Network People Services Technologies Limited

Phone:+91–9810497261
address:306, 3rd Floor, Lodha Supremus II, Road No. 22, Wagle Estate, Thane (West)
📋Network People IPO Registrar

Link Intime India Private Limited

Name:Link Intime India Private Limited
Phone:+91-22-4918 6270
❓Network People IPO FAQs
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