Chittorgarh.com Logo
Loading...

Network People Services Technologies Limited IPO (NPST IPO) Detail

Jul 28, 2021 - Aug 2, 2021

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.

Competitive Strengths

  • Wide range of products & services; IT software & services, digital merchant, and service aggregation.
  • Scalable business model across industries, geographies, etc.
  • TimePay is a secure digital platform.
  • Highly experienced managers.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
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

Objects of the Issue

  • 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.

NPST IPO Details

NPST IPO Date Jul 28, 2021 to Aug 2, 2021
NPST IPO Face Value ₹10 per share
NPST IPO Price ₹76 to ₹80 per share
NPST IPO Lot Size 1600 Shares
Issue Size1,712,000 shares of ₹10
(aggregating up to ₹13.70 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Company Promoters

Deepak Chand Thakur, Ashish Agarwal, and Savita Vashist are the company promoters.

NPST IPO Timeline (Tentative Timetable)

NPST IPO opens on Jul 28, 2021, and closes on Aug 2, 2021. The NPST IPO bid date is from Jul 28, 2021 10.00 A.M. to Aug 2, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
NPST IPO Opening Date Jul 28, 2021
NPST IPO Closing Date Aug 2, 2021
Basis of Allotment Aug 5, 2021
Initiation of Refunds Aug 6, 2021
Credit of Shares to Demat Aug 6, 2021
NPST IPO Listing Date Aug 10, 2021

NPST IPO Lot Size

The NPST IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹128,000).

Application Lots Shares Amount
Retail (Min) 1 1600 ₹128,000
Retail (Max) 1 1600 ₹128,000

NPST IPO Promoter Holding

Pre Issue Share Holding 91.90%
Post Issue Share Holding

NPST IPO Review

The company has posted almost static top and bottom lines for the past two fiscals. Major concerns are the scalability and branding of its products. Post pandemic, mobile banking has emerged as a sunshine industry and NPST is in the fray with its technology and has good scope. Based on its financial parameters, the issue appears aggressively priced. Investors may consider an investment with a long term perspective. Its value unlocking may take place post listing as digital transactions are gaining momentum. Read detail review...


NPST IPO Subscription Status (Bidding Detail)

The NPST IPO is subscribed 22.37 times on Aug 2, 2021 5:36:00 PM. The public issue subscribed 50.68 times in the retail category, 1.10 times in the QIB category, and 10.40 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB1.10
NII10.40
Retail50.68
Total22.37

NPST IPO Prospectus

NPST IPO Rating

250
3.9
Rating:Rated 3.9 stars
Vote Here ...

NPST IPO Listing Date

Listing Date Tuesday, August 10, 2021
BSE Script Code
NSE Symbol NPST
Listing In
ISIN INE0FFK01017
IPO Price ₹80 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹80.00
Open: ₹83.95
Low: ₹79.80
High: ₹83.95
Last Trade: ₹79.90

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/

NPST IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: network.ipo@linkintime.co.in
Website: https://linkintime.co.in/

NPST IPO Review

NPST IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews


IPO Broker Recommendations

NPST IPO FAQs

NPST IPO is a SME IPO of 1,712,000 equity shares of the face value of ₹10 aggregating up to ₹13.70 Crores. The issue is priced at ₹76 to ₹80 per 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.

Zerodha customers can apply online in NPST IPO using UPI as a payment gateway. Zerodha customers can apply in NPST IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in NPST IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'NPST IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The NPST IPO opens on Jul 28, 2021 and closes on Aug 2, 2021.

NPST IPO lot size is 1600 Shares and the minimum order quantity is .

You can apply in NPST IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for NPST IPO will be done on Aug 5, 2021, and the allotted shares will be credited to your demat account by Aug 6, 2021. Check the NPST IPO allotment status.

The NPST IPO listing date is on Tuesday, August 10, 2021.
Open an Instant Account with Zerodha

NPST IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

Loading...

100 Comments

52. Saloni Cons. |   Link |Aug 6, 2021 1:25:56 PM
I got allotment in NPST.What to do on listing.
52.1. IPOANALYSIS |   Link |Aug 6, 2021 4:17:53 PM
Sell on listing.Nothing great in the company. There is no growth in topline at all. Moreover the lead manager has very bad track record. Check Holani all issues it has handled in the past. They are now all below issue price. Infact Rex pipe is much better than this
52.2. IPOANALYSIS |   Link |Aug 10, 2021 2:19:04 PM
As predicted NPSt is a sell stock. Get out of it immediately. REx pipe is an investment stock which can double. This who have not exit will be deep loss now
51. John Snow |   Link |Aug 10, 2021 1:04:49 PM
Top Contributor Top Contributor (200+ Posts)
12% Shares changed hand.
50. Saloni Cons. |   Link |Aug 9, 2021 7:35:27 PM
SHARES NOT CERDITED IN DEMATE TILL NOW. WHAT TO DO.PLEASE SUGGEST.
49. SatJay |   Link |Aug 9, 2021 2:51:13 PM
Sir, Allotment not received but amount is still blocked by SBI. whom should we raise concern. please guide.
49.1. Vikram Oswal |   Link |Aug 9, 2021 5:29:42 PM
Same with me
48. Vikram Oswal |   Link |Aug 9, 2021 5:29:00 PM
Shares not alloted nor the funds have been refunded, what should the due process be ?
47. JKL |   Link |Aug 8, 2021 5:46:13 PM
NPST IPO GMP?
46. REAL IPO |   Link |Aug 8, 2021 2:36:30 PM
This sme is unique business model types IPO, nothing bad in, so lucky allotys you got deacent listing gain in listing day, don''t worry be happy.
45. Saloni Cons. |   Link |Aug 7, 2021 7:59:58 PM
2 Buyer
45.1. JKL |   Link |Aug 7, 2021 9:54:57 PM
2 buyer meaning
45.2. REAL IPO |   Link |Aug 8, 2021 2:29:50 PM
Means
44. surprit |   Link |Aug 6, 2021 12:32:32 PM
dont sell below 120! if you got allotment, you are lucky and will make decent returns!
44.1. John Snow |   Link |Aug 6, 2021 3:14:38 PM
Top Contributor Top Contributor (200+ Posts)
Or, everyone will be selling on day one and you would remain holding for LoooooNG. 😉. All the best anyway.
43. Saloni Cons. |   Link |Aug 6, 2021 1:20:17 PM
I got allotment in NPST
42. U VISALAKSHI |   Link |Aug 6, 2021 11:18:34 AM
I got allotment in NPST NSE SME IPO. When it will be listed.
42.1. surprit |   Link |Aug 6, 2021 12:30:30 PM
I think it must open with decent returns, considering the oversubscription by 50 times the retail portion. I think it should open @120+
41. NSKU |   Link |Aug 6, 2021 12:20:59 PM
I got allotment in NPST
40. NSKU |   Link |Aug 6, 2021 12:19:25 PM
My ASBA account is debited with Rs. 1.28 lakhs
39. IPO Electrifying |   Link |Aug 5, 2021 9:31:19 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Allotment tomorrow......
Sleep well......
All the best.....
39.1. Shah bhupesh chunilal |   Link |Aug 5, 2021 9:40:50 PM
Thanks any GMP
39.2. nayan patel |   Link |Aug 5, 2021 10:05:03 PM
Allotment declared.... released block money from axis bank...asba...application....
38. nayan patel |   Link |Aug 5, 2021 10:03:55 PM
Allotment out....released money from bank account.....
37. Shah bhupesh chunilal |   Link |Aug 5, 2021 8:26:53 PM
Allotment kab he bhai
36. Shah bhupesh chunilal |   Link |Aug 5, 2021 8:26:35 PM
Allotment kab he bhai
35. PRIMARY MARKET LEARNER |   Link |Aug 2, 2021 8:26:42 PM
I have applied 4 Lots Through HNI.
Any chances Of Allotment ?
35.1. rsk |   Link |Aug 2, 2021 9:54:57 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
1:2 or 1:3 lottery
35.2. IPO Electrifying |   Link |Aug 3, 2021 10:15:01 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Applied all in retail segment.
Hope to get allotted.
Fingure crossed.
34. IPO Electrifying |   Link |Aug 2, 2021 7:57:18 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
I had told you earlier, good company,
I am applying for all members of my family.
Hope to get allotted, long time target 200.
34.1. Mahesh |   Link |Aug 2, 2021 9:29:02 PM
Did you apply in retail or HNI.
I guess retail allotment may be 1:45 approx after rejections....
33. LockDownInvestor |   Link |Aug 2, 2021 5:33:57 PM
RII - 50x !!!!

Haven''t seen such enthusiasm for any SME IPO. I hope innocent retail investors don''t get trapped.
Good Luck!