NPST IPO Allotment Status Online Link: NPST is NPCI approved third-party payment solution provided to various Banks, Merchants, and Financial Institutions. It has recently launched an IPO to raise funds for its operations. Through the IPO it will raise funds so that it can full all its objectives. The bidding period i.e., the date of IPO has been closed on 2nd August and now the bidders are eagerly waiting for NPST IPO Allotment. The allotment was scheduled to be announced on 5th August 2021.
NPST IPO Allotment Status
The investors who have submitted the bid will be able to get the allotment status by visiting the official website of the registrar of NPST IPO. Link Intime India Pvt Ltd. is the official registrar of this IPO. NPST IPO is a Book built issue IPO type which has an issue size of 17,12,000 equity shares (up to Rs. 13.70 crores) with a face value of Rs.10 per equity share. The bidding started on 2nd August now the bidders are curious to know their allotment status. This IPO was subscribed 22.37 times as of the closing date of the issue.
Once the allotment is over, equity shares are credited to the Demat Accounts of the allottees and this will be done on 6th August 2021. Investors who miss the chance to get the bid are provided with refunds. The date of initiation of refund to such bidders is August 6th, 2021 as per the schedule mentioned on the prospectus.
Get complete information about the upcoming NPST IPO allotments here in this article.
NPST IPO Allotment Status: Key Information
| IPO Name | NPST IPO |
| Issuer/ Company | Network People Services Technologies Ltd. |
| Registrar | Link Intime India Pvt Ltd. |
| Lead Manager | Bio Merchant Bankers Ltd. Holani Consultants Pvt. Ltd. |
| Issue Type | Book Built Issue IPO |
| Application Amount | 100 |
| Issue Size | 17,12,000 equity shares (Rs. 13.70 crores) |
| Face Value | Rs. 10 per equity share |
| IPO Price Band | Rs. 76 to Rs. 80 per equity share |
| Listed at | NSE SME |
| Minimum Order Quantity | 1,600 equity shares |
| Market Lot | 1600 shares |
| NPST IPO Allotment Date | 5th August 2021 |
| Official portal of NPST | www.npstx.com |
NPST IPO: Important Dates
| Events | Dates |
| Date of opening of IPO bidding/ Issue | 28th July 2021 |
| Date of closing of IPO Bidding/ Issue | 2nd August 2021 |
| Finalization of Basis of IPO allotment | 5th August 2021 |
| Initiation of refunds/ Unblocking of ASBA | 6th August 2021 |
| Credit of Equity shares to Demat Accounts of Allottees | 6th August 2021 |
| Date of listing of IPO/ Commencement of trading of the Equity Shares on the Stock Exchange | 10th August 2021 |
Also Check: Glenmark Life Sciences IPO Allotment Status 2021
Objectives of NPST IPO
The main objective of Network People Services Technologies IPO is to raise capital to
- Develop a mobile App for TimePay
- To fund the acquisition of IT Hardware & equipment
- To promote and initiate marketing of TimPay Application.
- To meet the general corporate expenses
Promoter’s Holding
| Total Share Capital | 4365000 |
| Offered to public | 1712000 |
| Promoter’s Holding (Pre-Issue) | 91.9 |
| Promoter’s Holding (Post-Issue) |
NPST Financial Status
Before investing in a holding/ company, investors must be fully aware of all the financial and other factors of the company. Financial condition is the most important factor that every investor should have a close check on. Have a look at the financial status of NPST shown below for the recent FYs-
| Particulars | FY 2019 (in Lakhs) | FY 2020 (in Lakhs) | FY 2021 (in Lakhs) |
|---|---|---|---|
| Total Assets | 881.25 | 997.23 | 1651.89 |
| Total Revenue | 1800.14 | 1524.72 | 1538.00 |
| Profit (excluding tax) | 134.79 | 104.05 | 105.93 |
NPST IPO Subscription Status
| Category | IPO Subscription |
| QIB (Qualified Institutional) | 1.10x times |
| NII (Non Institutional) | 10.40x times |
| RII (Retail Individual) | 50.68x times |
| Total | 22.37x times |
How to check NPST IPO Allotment Status?
Once NOPST IPO Basis for Allotment is finalized it is updated online. Subscribers who have invested money have to check it online through the official website. NPST IPO can be viewed on the official website of its official registrar i.e. Link Intime Pvt. Ltd. The procedure to check the allotment status is as follows-
- Go to NPST IPO Allotment status page of Link Intime. The link is shared below.
- The status seach page will open.
- Select the respective search option among PAN, Application No and DP Client ID.
- Now, enter the required details in the concerned fields.
- Click on search button.
Quick Links
| NPST official portal | http://www.npstx.com/ |
| NPST IPO Allotment Status (Link Intime Pvt. Ltd.) | Click Here | Link 2 |
| NPST IPO Prospectus | Click Here |
| Rolex Rings IPO Allotment | Click Here |
FAQs
NPST IPO Status is available from 5th August 2021.
It has been registered under Link Intime India Pvt Ltd.
You are required to keep your IPO Application no., PAN card, and DP Client Id ready with you before going to check the allotment status.
The refund initiation is started on 6th August 2021.
The listing is scheduled to be done on the 10th of August 2021.
The size of NPST IPO is Rs.13.70 Cr and the face value is Rs.10 per share.