NSB BPO Solutions IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 23 Sep 2025
Close Date
Tue, 07 Oct 2025
Price Band
₹ 140 – 147
Lot Size
1000
Issue Size
₹ 77.91 Cr
Minimum Investment
₹ 294,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
NSB BPO Solutions IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹77.91 Crore.
The NSB BPO Solutions IPO remained open for subscription from September 23, 2025, to October 07, 2025. The basis of allotment was finalized on October 08, 2025, and the company's shares were listed on BSE SME Platform on October 10, 2025.
The company had fixed the price band at ₹140 to ₹147 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹294,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Inventure Merchant Banker Services Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, NSB BPO Solutions Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
NSB BPO Solutions IPO Timeline (Tentative)
- IPO Open Date
- Tue, 23 Sep 25
- IPO Close Date
- Tue, 07 Oct 25
- Basis of Allotment
- Wed, 08 Oct 25
- Initiation of Refunds
- Thu, 09 Oct 25
- Credit of Shares to Demat
- Thu, 09 Oct 25
- Listing Date
- Fri, 10 Oct 25 — NSE & BSE
Open Date
23 September 2025
Close Date
07 October 2025
Basis Of Allotment
08 October 2025
Listing Date
10 October 2025
IPO Subscription
Check Live Subscription →The NSB BPO Solutions IPO has received bids for 40,84,000 shares against 50,35,000 shares offered, resulting in an overall subscription of 0.81x. the NII category is subscribed 0.89x, Retail Investors 0.21x, and QIBs 25.49x.
QIB
25.49x
NII
0.89x
RII
0.21x
Total
0.81x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 25,00,000 shares, representing 49.65% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 53,000 shares (1.05%), while Non-Institutional Investors (NIIs) receive 24,82,000 shares (49.3%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 53,000 | 1.05% |
| Non-Institutional | 2,482,000 | 49.3% |
| BNII | 1,655,000 | 32.87% |
| SNII | 827,000 | 16.43% |
| Retail Investors | 2,500,000 | 49.65% |
| Total | 5,035,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
NSB BPO Solutions Limited KPI Information
| 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 |
| Pat Margin % | 7.98 | 5.25 | 0.77 |
Peers Comparison
| 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 |
About NSB BPO Solutions Limited
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.
NSB BPO Solutions IPO Promoters
- Narendra Singh Bapna
Promoters Holding
Holding Pre Issue
45.78%
Holding Post Issue
33.63%
NSB BPO Solutions IPO Objective
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
NSB BPO Solutions Limited Address / Contact Details
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
NSB BPO Solutions IPO Lot Size
The NSB BPO Solutions IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,94,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,94,000.
| 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 |
Issue Reservation
- QIB — 1.05%
- NII — 49.3%
- RII — 49.65%
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the NSB BPO Solutions IPO?
NSB BPO Solutions IPO is a Book-building IPO with a total issue size of ₹77.91 crore. The NSB BPO Solutions IPO price band is ₹140 to 147 per share. The NSB BPO Solutions IPO subscription opens on Tue, Sep 23, 2025, and closes on Tue, Oct 7, 2025. The NSB BPO Solutions IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the NSB BPO Solutions IPO.
When will the NSB BPO Solutions IPO open for subscription?
The NSB BPO Solutions IPO opens on Tue, Sep 23, 2025 and closes on Tue, Oct 7, 2025
What is NSB BPO Solutions IPO Price Band?
NSB BPO Solutions IPO Price Band is ₹140 to 147 per share.
What is NSB BPO Solutions IPO Lot Size?
NSB BPO Solutions IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹294000 based on the upper price band
What is the minimum investment for NSB BPO Solutions IPO?
The minimum investment for NSB BPO Solutions IPO is ₹294000, based on one lot of 1000 shares at the upper price band of ₹147 per share.
How to apply for NSB BPO Solutions IPO?
Investors can apply for the NSB BPO Solutions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Oct 7, 2025. The application amount remains blocked until the NSB BPO Solutions IPO allotment is finalized.
What is NSB BPO Solutions IPO Issue Size?
NSB BPO Solutions IPO issue size is ₹77.91 crores.
What is the NSB BPO Solutions IPO Allotment Date?
NSB BPO Solutions IPO allotment date is Wed, Oct 8, 2025.
Who is the NSB BPO Solutions IPO Registrar?
The registrar for NSB BPO Solutions IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check NSB BPO Solutions IPO allotment status, refund processing, and other IPO-related information.
Who is the NSB BPO Solutions IPO Lead Manager?
The book-running lead managers (BRLMs) for the NSB BPO Solutions IPO are Inventure Merchant Banker Services Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the NSB BPO Solutions IPO Red Herring Prospectus (RHP).