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IPO Synopsis

Network People Services Technologies Ltd
Registered Office: 306 3rd Floor Lodha SupremusII,Road No 22 West Estate , Thane (West) - 400604 , Maharashtra , India.
Phone : 91-9810497261   Fax:
Email :  
Website :
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.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Jul-21 02-Aug-21 (Rs)80.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 13.70 BOI Merchant Banker Ltd
Project Financed through Current Offer 13.70  
Post Issue Equity Share Capital 6.46  
Issue Price (Rs)80.00  
Development of Time PayMarketing & Promotion of Time Pay
Acquiring IT Hardware & Equipment'sGeneral Corporate Purposes
Promoted By
Deepak Chand Thakur  
Ashish Aggarwal  
Savita Vashist  
Listing At
Registrar to the Issue
Link Intime India Pvt Ltd  

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