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 : cs@npstx.com Website :www.npstx.com

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 Opens On Closes On 28-Jul-21 02-Aug-21 Money Payable On Application Allotment 80.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 13.70 BOI Merchant Banker Ltd Project Financed through Current Offer (.Cr) 13.70   Post Issue Equity Share Capital (.Cr) 6.46 Issue Price () 80.00

Projects

Development of Time Pay Acquiring IT Hardware & Equipment's Marketing & Promotion of Time Pay General Corporate Purposes

Promoted By

Deepak Chand Thakur

Ashish Aggarwal

Savita Vashist

Listing At

NSE - SME

Registrar to the Issue

No Data Available