Network People Services Technologies Limited (NPST) was established in 2013. Deepak Chand Thakur, Ashish Agarwal and Savita Vashist are the promoters of the company.
About Network People Services Technologies
Network People Services Technologies is a financial technology company that develops software and mobile solutions for the banking and financial services industries. The company focuses on digital transformation and provides technology solutions for banks, financial institutions and other businesses.
Its product and service portfolio includes IMPS, digital wallets, UPI and other digital banking solutions. NPST also provides software design, consulting, application development and personnel-related services.
The company’s customers include Canara Bank, Syndicate Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India Private Limited and Cosmos Co-operative Bank.
NPST operates through a technology-focused business model that combines software development, digital financial services and technology consulting.
Also Check: Upcoming IPO
Network People Services Competitive Advantages
- Diversified technology portfolio: The company offers IT software and services, digital merchant solutions and service aggregation.
- Scalable business model: Its technology solutions can support different industries and geographic markets.
- TimePay platform: The company operates TimePay as a digital platform focused on secure financial transactions and services.
- Experienced management: The business is supported by an experienced management team with knowledge of technology and financial services.
Network People Services IPO Details
| IPO Details | Information |
|---|---|
| IPO Opening Date | 28 Jul 2021 |
| IPO Closing Date | 2 Aug 2021 |
| Price Band | ₹76 – ₹80 Per Share |
| Total IPO Size | ₹13.70 Crore |
| Minimum Bid | 1,600 Shares |
| Face Value | ₹10 Per Share |
| Listing Exchange | NSE SME |
Network People Services IPO Market Lot
The minimum application size for the Network People Services IPO was 1,600 shares. At the upper price of ₹80 per share, one lot required an investment of ₹1,28,000.
| Application | Shares | Amount |
|---|---|---|
| Minimum | 1,600 Shares | ₹1,28,000 |
| Maximum | 1,600 Shares | ₹1,28,000 |
Network People Services IPO Allotment
The supplied information does not include the exact IPO allotment, refund, demat credit or listing dates. Therefore, these dates are not invented here.
Investors looking for historical allotment information can check the registrar’s IPO status service when the relevant record is available.
Network People Services IPO Subscription Status
The Network People Services IPO opened for subscription on 28 July 2021 and closed on 2 August 2021.
For historical subscription information, investors can refer to the IPOWala subscription section.
Network People Services IPO GMP
Any GMP information for Network People Services IPO should be treated as historical grey market data because the IPO belongs to 2021. Grey market premiums are unofficial and do not guarantee the actual listing price or investment returns.
Network People Services IPO Review
Network People Services operates in the growing financial technology and digital banking segment. Its solutions cover areas such as UPI, IMPS, digital wallets, software development and technology consulting.
The company also had customers across the banking and technology sectors. Investors reviewing this historical IPO should consider the company’s financial performance, customer concentration, technology competition, regulatory environment and SME-market risks.
This page provides historical IPO information and does not constitute investment advice.
Registrar of Network People Services IPO
Link Intime India Private Ltd was the registrar of the Network People Services IPO.
Link Intime India Private Ltd
C 101, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: network.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Network People Services Contact Details
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: npstx.com
Network People Services IPO FAQ
What was the Network People Services IPO price band?
The Network People Services IPO price band was ₹76 to ₹80 per share.
What was the Network People Services IPO lot size?
The IPO lot size was 1,600 shares.
What was the minimum investment in Network People Services IPO?
At the upper price band of ₹80, one lot required an investment of ₹1,28,000.
What was the issue size of Network People Services IPO?
The total IPO size was ₹13.70 crore.
When did Network People Services IPO open?
The IPO opened for subscription on 28 July 2021.
When did Network People Services IPO close?
The IPO closed for subscription on 2 August 2021.
Where was Network People Services IPO listed?
Network People Services IPO was scheduled for listing on the NSE SME platform.
Who was the registrar of Network People Services IPO?
Link Intime India Private Ltd was the IPO registrar.
What was the Network People Services IPO GMP?
Any GMP information for this IPO is historical. Grey market premiums are unofficial and can differ from the actual listing performance.
How to check Network People Services IPO subscription status?
Historical subscription information can be checked through the IPOWala subscription section.