NETWORK PEOPLE SRV TECH L Share price

The Company was originally incorporated as a Private Limited Company in the name of “Network People Services Technologies Private Limited” under the provisions of the Companies Act 1956 vide Certificate of Incorporation dated October 04 2013 issued by Registrar of Companies Maharashtra Mumbai bearing Corporate Identification Number U74110MH2013PLC248874. Subsequently the company was converted into Public Limited Company vide Shareholders Resolution passed at the Extra-Ordinary General Meeting held on August 29 2020 and name of company was changed to “Network People Services Technologies Limited” pursuant to issuance of Fresh Certification of Incorporation dated October 09 2020 by Registrar of Companies Mumbai bearing Corporate Identification Number U74110MH2013PLC248874. The registered office of the company is situated at 306 3rd Floor Lodha Supremus II Road No. 22 Wagle Estate Thane (West) – 400604 India. Kaustubh Uday Dhavse & Savita Vashist was the initial subscribers of Memorandum of Association of the Company. Currently Ashish Aggarwal Deepak Chand Thakur and Savita Vashist are the promoters of the company. The shareholding of Ashish Aggarwal is 1309490 equity shares Deepak Chand Thakur is1309490 equity shares and Savita Vashist is 1746000 equity shares as on the date of filing this DraftRed Herring Prospectus.KEY EVENTS AND MILESTONES :2013- Incorporation of the Company and commencement of business.2014- Authorized by UIDAI for Aadhaar Card service where with the help of the Merchant network of 2000+ centres the Company generated 59Lac+ number of Aadhaar identification cards.2015- Bagged order for Mobile banking solution for one of the largest public sector Bank - Canara Bank- On boarded IGRS service on merchant platform being Authorized service provider under Department Registration & Stamps Maharashtra2017- Partnered with IBM India Private Limited as technology partner for Canara Bank Appointed by Thane Janata Sahakari Bank Limited as Corporate Agent Institution for Bharat Bill Payment System2018- The Quality Management System of the company has been assessed and found to be in compliance with the requirements of ISO 9001:2015 for the scope of providing sales service trading distribution software and mobile solution merchant service advertisement and marketing platform smart transaction and digital payments bearingcertificate number GACB4851.- Contract Agreement for implementation of unified Payment Interface Solutions with Kerala Gramin Bank & Karnataka Gramin Bank2019- Registered with KVQA having a certificate no. KDACI201906013 and operates an Information Security Management System which complied requirement of ISO/IEC 27001:2013 for the scope of Software Design Development Maintenance and operations in Banking Payments Mobility and Digital Service Delivery. Aggregated services throughmultiple channels including Web Mobile and Kiosk.- Bagged first order from Overseas entity for development of wallet solutions.- Awarded certificate of appreciation by Maharashtra State Innovation Society for being one of top 100 finalists of Maharashtra Startup week held on 28th Jan to 1st February 2019.2020- On boarded as Merchant PSP under NPCI guidelines for UPI Merchant framework sponsored by Cosmos Bank.- The Company received Surveillance compliance certificate for ISO 27001:2013 compliance from M/s RPG Ventures.- Providing Service Delivery Software & Mobile Solutions Platform of the company has been assessed and found to be in accordance with the requirements of Maturity Level 3 of CMMI bearing certificate number CMMI-MMXX-2-7356- The Company received its own payment handle from NPCI styled as “@TimeCosmos”. Conversion from Private Limited Company to Public Limited Company.- Launch TimePay® Smart Society Solution and Merchant Application Platform- Registered as TPAP for UPI Payments from National Payment Corporation of India (NPCI)2021- Pre-IPO placement of RVCF who became a shareholder of the companyAWARDS ACCREDIATIONS AND RECOGNITIONS :2019- Awarded certificate of appreciation by Maharashtra State Innovation Society for being one of top 100 finalists of Maharashtra Startup week held on 28th Jan to 1st February 2019.