NSB BPO Solutions IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 140 – 147
Lot Size
1000
Issue Size
₹77.91 Cr
Minimum Investment
₹294000 (2000 Shares)
Listing Date
10 October 2025
Subscription
0.81x
About the Company
NSB BPO Solutions Limited
Incorporated in 2005, NSB BPO Solutions Limited is a diversified Business Process Outsourcing (BPO) and trading company. The company provides end-to-end outsourcing solutions alongside its trading operations in fast-moving consumer goods (FMCG) and staples.
Core Business Areas
1. Voice Business Call Centre
NSB offers cost-effective voice-based call center services across inbound and outbound processes. Its capabilities include:
- Handling customer queries and grievances
- Conducting telesales and marketing calls
- Managing payment reminders and collections
- Gathering customer feedback
The company’s trained workforce and robust systems ensure high-quality customer engagement.
2. Back Office Outsourcing
NSB delivers a range of back-office solutions, including:
- Document digitization and management
- Customer onboarding support
- KYC form processing
- Warehousing and archival services
- Digital support and social media management
These services help businesses streamline operations and reduce costs.
3. Payroll Management
The company provides comprehensive payroll management solutions covering:
- Recruitment and onboarding
- Attendance and leave tracking
- Compliance and statutory reporting
- Employee training and insurance support
- Attrition management and staff welfare initiatives
4. Trading of Goods (FMCG & Staples)
In addition to outsourcing, NSB trades in FMCG products and staples such as rice, sugar, pulses, dry fruits, fruits, and vegetables. Leveraging an in-house software system, the company ensures:
- Efficient procurement and supply chain management
- B2B sales through its extensive supplier network
- Order booking and fulfillment via telesales
Industries Served
NSB caters to a wide range of industries, including:
- Telecommunications
- Banking, Financial Services, and Insurance (BFSI)
- E-retail and food delivery
- Hospitality and healthcare
- Government and education
Workforce
As of August 31, 2025, the company employs 2,439 full-time employees, forming the backbone of its operations across service and trading verticals.
Promoters
- Narendra Singh Bapna
Promoters Holding
Holding Pre Issue
45.78%
Holding Post Issue
33.63%
Objects of the Issue
The Company NSB BPO Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Re-payment/pre-payment, in full or in part, of certain borrowings availed by our Company
- Funding Capital expenditure for new project
- Additional Working Capital requirements for our existing business
- Long-Term Working Capital requirements for our new project
- General Corporate Purposes
Address / Contact Info
NSB BPO Solutions Ltd.
3 rd Floor, Plot No. 13,
Railway Colony, E-8, Arera Colony,
Trilanga, Huzur
Bhopal, Madhya Pradesh, 462039
Phone: +91 755 4500715
Email: ipo@nsbbpo.in
Website: http://www.nsbbpo.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 23 September 2025
IPO Close Date
Tuesday, 07 October 2025
Basis of Allotment
Wednesday, 08 October 2025
Initiation of Refunds
Thursday, 09 October 2025
Credit of Shares to Demat
Thursday, 09 October 2025
Listing Date
Friday, 10 October 2025 — NSE & BSE
Important Dates
Open Date
23 September 2025
Close Date
07 October 2025
Basis Of Allotment
08 October 2025
Listing Date
10 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 175.12 | 147.85 | 210.7 |
| Revenue | 138.54 | 128.27 | 285.15 |
| Profit After Tax | 8.54 | 4.78 | 2.21 |
| Net Worth | 135.06 | 103.95 | 78.58 |
| Reserve & Surplus | 124.85 | 93.99 | 102.2 |
| Total Borrowings | 0 | 0 | 0 |
EPS Pre
5.82%
EPS Post
4.27%
P/E Pre
25.27
P/E (Post Issue)
34.40x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 7.92 | 6.36 | 1.73 |
| ROCE % | 9.42 | 5.04 | 1.31 |
| Debt / Equity | 0.17 | 0.06 | 0.22 |
| RoNW % | 7.92 | 6.36 | 1.73 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 7.98 | 5.25 | 0.77 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 53000 | 1.05 | 0 |
| Non-Institutional | 2482000 | 49.3 | 0 |
| BNII | 1655000 | 32.87 | 0 |
| SNII | 827000 | 16.43 | 0 |
| Retail Investors | 2500000 | 49.65 | 0 |
| Total | 5035000 | 100 | 0 |
Subscription Status ( Tue, 07 Oct 25 01:31 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 53000 | 1351000 | 25.49x |
| Non-Institutional | 2482000 | 2219000 | 0.89x |
| Retail Investors | 2500000 | 514000 | 0.21x |
| Total | 5035000 | 4084000 | 0.81x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| NSB BPO Solutions Ltd | 10 | 18.59 | 7.53 | 7.53 | 7.92 | 95.09 |
| Eclerx Services Ltd | 10 | 39.70 | 112.07 | 112.07 | 23.45 | 484.35 |
| Firstsource Solutions Ltd | 10 | 42.93 | 8.42 | 8.42 | 14.51 | 58.80 |
| One Point One Solutions Ltd | 2 | 32.59 | 1.35 | 1.35 | 8.19 | 15.41 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 294,000.00 |
| Retail (Max) | 2 | 2,000 | 294,000.00 |
| S-HNI (Min) | 3 | 3,000 | 441,000.00 |
| S-HNI (Max) | 6 | 6,000 | 882,000.00 |
| B-HNI (Min) | 7 | 7,000 | 1,029,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
NSB BPO Solutions IPO is a Book-building IPO worth ₹77.91 crores. The price band is ₹140 to 147 per share. The IPO opens on Tue, Sep 23, 2025 and closes on Tue, Oct 7, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The NSB BPO Solutions IPO opens on Tue, Sep 23, 2025 and closes on Tue, Oct 7, 2025
NSB BPO Solutions IPO Price Band is ₹140 to 147.
NSB BPO Solutions IPO lot size is 1000, and the minimum amount required for application is ₹294000.
The minimum investment for NSB BPO Solutions IPO is approximately ₹294000 based on the upper price band.
To apply for the NSB BPO Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Oct 7, 2025. After submission, funds are blocked until the basis of allotment of NSB BPO Solutions IPO is finalised.
NSB BPO Solutions IPO issue size is ₹77.91 crores.
NSB BPO Solutions IPO allotment date is Sat, Jun 27, 2026.
The registrar for NSB BPO Solutions IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to NSB BPO Solutions IPO through their official website or helpline.