NSB BPO Solutions IPO

Incorporated in 2005, NSB BPO Solutions Limited is a Business Process Outsourcing (BPO) company providing comprehensive support services, including customer care, telesales, tele-collections, document digitization, application and KYC processing, warehousing, archival, and payroll management. Serving sectors such as telecom, banking, insurance, e-retail, hospitality, government, healthcare, and education, the company also trades FMCG and staple goods like dal, sugar, rice, dry fruits, fruits, and vegetables. Its services include cost-effective voice call centres, back-office outsourcing, payroll management, and efficient FMCG trading through in-house software and tele-sales.

NSB BPO Solutions IPO Overview

NSB BPO Solutions IPO is a book building issue of ₹77.91 crores, comprising entirely a fresh issue of 0.53 crore shares. The IPO opens for subscription on 23 September 2025 and closes on 25 September 2025, with allotment expected on 26 September 2025. It is scheduled to list on BSE SME on 30 September 2025. The price band is ₹140 to ₹147 per share, with a lot size of 1,000 shares. Retail investors need a minimum investment of ₹2,94,000, while HNI investors must apply for at least 3 lots worth ₹4,41,000. Inventure Merchant Banker Services Pvt. Ltd. is the lead manager, Bigshare Services Pvt. Ltd. is the registrar, and Alacrity Securities Ltd. is the market maker.

NSB BPO Solutions IPO Details

Particulars	Details
IPO Date	23 September 2025 to 25 September 2025
Listing Date	30 September 2025
Face Value	₹10 per share
Issue Price Band	₹140 to ₹147 per share
Lot Size	1,000 shares
Total Issue Size	53,00,000 shares (aggregating up to ₹77.91 Cr)
Fresh Issue	53,00,000 shares (aggregating up to ₹77.91 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Shareholding Pre Issue	1,46,72,593 shares
Shareholding Post Issue	1,99,72,593 shares
Market Maker Portion	2,65,000 shares

NSB BPO Solutions IPO Reservation

Investor Category	Shares Offered
Market Maker	2,65,000 (5.00%)
QIB	53,000 (1.00%)
NII (HNI)	24,82,000 (46.83%)
Retail	25,00,000 (47.17%)
Total	53,00,000 (100%)

NSB BPO Solutions IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	2,000	₹2,94,000
Retail (Max)	2	2,000	₹2,94,000
S-HNI (Min)	3	3,000	₹4,41,000
S-HNI (Max)	6	6,000	₹8,82,000
B-HNI (Min)	7	7,000	₹10,29,000

NSB BPO Solutions IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	45.78%
Post-Issue	33.63%

NSB BPO Solutions IPO Valuation Overview

KPI	Value
EPS (Post IPO)	4.27
P/E Ratio	34.4
ROE	7.92%
ROCE	9.42%
Debt/Equity	0.17
RoNW	7.92%
PAT Margin	7.98%
EBITDA Margin	13.62%
Price to Book Value	1.65

Objects of the Proceeds

• Repayment/pre-payment of borrowings: ₹25.82 Cr

• Funding capital expenditure for new project: ₹13.38 Cr

• Additional working capital for existing business: ₹9.02 Cr

• Long-term working capital for new project: ₹20.00 Cr

• General corporate purposes

Key Financials (in ₹ Crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	175.12	147.85	210.70
Revenue	138.54	128.27	285.15
Profit After Tax	8.54	4.78	2.21
Reserves and Surplus	124.85	93.99	102.20
Total Borrowings	23.56	27.72	41.07