Network People Services Technologies Limited

Network People Services Technologies Limited IPO Review

The organization is a financial innovation specialist co-op (TSP) and is occupied with giving programming and versatility answers for the banking and money area essentially zeroing in on portable financial applications, computerized exchange arrangements like IMPS, UPI, advanced wallet, and so on and brilliant exchange arrangements. The organization as of now delivers its administrations to Canara Bank, Syndicate Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India Private Limited and Cosmos Co-usable Bank. The organization is likewise occupied with planning, counseling, improvement, quality and labor provisioning under programming SDLC. 

Organization People Services Technologies has fostered a computerized biological system for the credit only economy through its lead application named “TimePay”. The organization is likewise enrolled as a Third-Party Application Provider (TPAP) working with UPI installment benefits through TimePay. Under this portable application, it has made an advanced biological system to incorporate society, board and dealer digitization, giving computerized innovation to huge, medium and miniature arrangements to execute and work flawlessly in the monetary worth chain.

Subscription Dates28 July – 2 August 2021
Price BandINR76 – 80 per share
Fresh issue1,712,000 shares (INR13.01 – 13.70 crore)
Offer For SaleNil
Total IPO size1,712,000 shares (INR13.01 – 13.70 crore)
Minimum bid (lot size)1,600 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
 

FY2019

FY2020

FY2021

Revenue

1,800.14

1,524.72

1,538.00

Expenses

1,613.19

1,382.93

1,396.45

Net income

134.79

104.05

105.93

Net margin (%)

7.5

6.8

6.9

Earnings Per Share (EPS): INR2.35
Price/Earnings (PE ratio): 32.34 – 34.04
Return on Net Worth (RONW): 15.81%
Net Asset Value (NAV): INR14.89 per share

Listing Performance of Network People Services Technologies Ltd IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Network People Services Technologies Limited

Aug 10, 2021

80

79.9

-0.12%

NSE : NA

BSE : NA

ISIN CODE : INE0FFK01017

IPO Opening Date: 28 July 2021
IPO Closing Date: 2 August 2021
Finalisation of Basis of Allotment: 5 August 2021
Initiation of refunds:
 6 August 2021
Transfer of shares to demat accounts:
 6 August 2021
Listing Date
: 10 August 2021
Opening Price on NSE SME: INR83.95 per share (up 4.94% from IPO price)
Closing Price on NSE SME: INR79.90 per share (down 0.12% from IPO price)

Network People Services Technologies Limited
C-113, 3rd Floor, Sector 2,
New Metro Station, Sector-15,
Noida, Uttar Pradesh-201301
Phone: +91 9810497261
Email: cs@npstx.com
Website: http://www.npstx.com

Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: network.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Day

Subscription (no. of times)

Day 1

5.85

Day 2

9.33

Day 3

12.09

Day 4

22.34

Network People Services Technologies Limited IPO FAQ's

The Network People Services Technologies Limited IPO is a SME IPO of ₹76 to ₹80 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 1,712,000 equity shares of ₹10 (aggregating up to ₹13.70 Crore). 

The initial public offering (IPO) begins on July 28, 2021 and ends on August 2, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and SME.

The Network People Services Technologies Limited IPO opens on July 28, 2021 and closes on Aug 2, 2021. The IPO Issue date may list on Aug 10, 2021.

The Network People Services Technologies Limited IPO Market lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

The finalization of Basis of Allotment for Network People Services Technologies Limited 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 Network People Services Technologies Limited IPO status.

The Network People Services Technologies Limited IPO listing date is on Aug 10, 2021.

Network People Services Technologies Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Network People Services Technologies Limited IPO Comments