Business Standard

Network People Services Technologies Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

13.70 cr

Price Range (₹)

80

Lot Size

1600

Min Investment (₹)

1,28,000.00

Listing Exchange

NSE - SME

Open Date

28-Jul-2021

Close Date

02-Aug-2021

Listing Date

10-Aug-2021

Network People Services Technologies Ltd News

    The Shares of Network People Services Technologies Ltd have now been listed.

    Network People Services Technologies Ltd IPO Details

    Initial Public Issue of upto 17,12,000* equity shares of face value of Rs. 10/- each (Equity shares) of Network People Services Technologies Limited (Company or Issuer) for cash at a price of Rs. 80 per equity share (Including a share premium of Rs. 70 per Equity share), aggregating Rs. 13.70 Crores (The issue), of which 86,400 equity shares of face value Rs. 10/- each for cash at a price of Rs. 80 per Equity share, aggregating Rs. 0.69 Crores will be reserved for subscription by the market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. net issue of 16,25,600 equity shares of face value of Rs. 10/- Each for cash at a price of Rs. 80 per equity share, aggregating Rs. 13.01 Crores is hereinafter referred to as the Net issue. The issue and the Net issue will constitute 26.49 % and 25.16 % respectively of the fully diluted post issue paid up equity share capital of the company.The Face Value of Equity Shares is Rs. 10 Each. The Price is Rs.80 pr share and is the 8 times of the face value.

    Objective of issue

    Development of TimePay. Acquiring IT Hardware & Equipments. Marketing & Promotion of TimePay. General Corporate Purposes.

    Network People Services Technologies Ltd Contact Details

    Network People Services Technologies Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@npstx.com

    Website - www.npstx.com