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Open
28 Jul to 2 Aug, 2021
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Close
28 Jul to 2 Aug, 2021
3
Allotment
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Listing
Tue, Aug 10, 2021
Price Band
₹76 to ₹80
Issue Size
17,12,000 shares (agg. up to ₹14 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Aug 10, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.27x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 16.52 | 9.97 | 8.81 |
| Total Income | 15.38 | 15.25 | 18.00 |
| Profit After Tax | 1.06 | 1.04 | 1.35 |
| EBITDA | 2.99 | 2.29 | 3.00 |
| NET Worth | 6.70 | 5.64 | 4.60 |
| Reserves and Surplus | 2.20 | 4.64 | 3.60 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sigma Solve Ltd. | SME | ₹4.95 Cr | ₹45 | null | ₹45.10 | +0.22% | ₹36.79 (-2.92%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Development of TimePay® | 2.01 |
| 2 | Acquiring IT hardware and equipment’s | 3.28 |
| 3 | Marketing and promotion of TimePay® | 3.71 |
| 4 | General corporate purposes | 2.96 |
About Network People IPO
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 aggre
Contact Details
Network People Services Technologies Ltd. Address306, 3rd Floor, Lodha Supremus IIRoad No.22Wagle Estate, (West)Thane, Maharashtra, 400604+91–9810497261cs@npstx.comVisit Website