Issue Price
₹80
Per Share
GMP
NIL
Grey Market
Est. Listing
₹80
Expected Price
Min. Application
₹256,000
2 lots × 1600 shares
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 StrengthsWide 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.
Network People Services Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 86,400 | — | ₹0.69 Cr | — |
| TOTAL | 1,712,000 | 100.00% | ₹13.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹128,000 |
| Retail (Max) | 13 | 20,800 | ₹1,664,000 |
| sNII (Min) | 14 | 22,400 | ₹1,792,000 |
| bNII (Min) | 68 | 108,800 | ₹8,704,000 |
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 1538.00 | 1524.72 | 1800.14 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 105.93 | 104.05 | 134.79 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1651.89 | 997.23 | 881.25 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |