| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹13.70 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹13.70 Cr |
| Fresh Issue | ₹13.00 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹76.00-80.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544396 |
| NSE Code | NPST |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Holani Consultants Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| 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 | |||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager (including Underwriting commission) | 1.46 |
| 2 | Reimbursement of Expenses | 0.02 |
| 3 | Advertising and marketing expenses | 0.10 |
| 4 | Fees payable to the Legal Advisors | 0.02 |
| 5 | Fees payable to the Registrar to the Issue | 0.02 |
| 6 | Fees payable to the Regulators including stock exchanges | 0.04 |
| 7 | Brokerage and selling commission payable to SCSB’s | 0.02 |
| 8 | Brokerage and selling commission payable to Registered Brokers | 0.02 |
| 9 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs | 0.01 |
| 10 | Printing and distribution of Issue stationary | 0.01 |
| 11 | Others (bankers to the Issue, auditor’s fees etc.) | 0.02 |
Last Updated on 23-Jul-2026 15:22:47