NSB BPO Solutions IPO

IPO Details

Bidding Dates

23 Sep '25 - 25 Sep '25

Minimum Investment

₹2,94,000/ 2 Lot (2,000 Shares)

Price Range

₹140 to ₹147

Maximum Investment

₹2,94,000/ 2 Lot (2,000 Shares)

Retail Discount

To be announced

Issue Size

₹77.91 Cr

Investor category and sub category

Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |

NSB BPO Solutions IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Sep 23, 25

IPO Closing Date

Sep 25, 25

Basis of Allotment

Sep 26, 25

Initiation of Refunds

Sep 29, 25

IPO Listing Date

Sep 30, 25

NSB BPO Solutions IPO Details

NSB BPO Solutions IPO is a book-built issue worth ₹77.91 crore. The issue is entirely a fresh issue of 0.53 crore shares, raising the full amount of the issue size. The IPO will open for subscription on September 23, 2025, and close on September 25, 2025.

The basis of allotment is expected to be finalised on September 26, 2025, with tentative listing scheduled on BSE and NSE for September 30, 2025. The price band for the NSB BPO Solutions IPO has been fixed between ₹140 to ₹147 per share.

Investors can bid for NSB BPO Solutions IPO with a minimum of 2 lot of 2,000 shares. For retail investors, the minimum investment required is ₹2,94,000. For small non-institutional investors (sNII), the lot size stands at 3 lots, equal to 3,000 shares, amounting to ₹4,41,000. For big non-institutional investors (bNII), the lot size is 7 lots, which translates to 7,000 shares, requiring an investment of ₹10,29,000.

Inventure Merchant Banker Services Pvt. Ltd. is the book running lead manager (BRLM) and Bigshare Services Pvt. Ltd is the registrar of the issue. Detailed information is available in the NSB BPO Solutions IPO RHP.

NSB BPO Solutions IPO Objectives

The company will deploy the funds from the public issue towards following:

Re-payment/pre-payment, in full or in part, of certain borrowings availed by the Company
Funding Capital expenditure for new project&nbsp
Additional Working Capital requirements for the existing business
Long-Term Working Capital requirements for the new project
General Corporate Purposes

About NSB BPO Solutions Limited

Founded in 2005, NSB BPO Solutions Limited is a dynamic and diversified Business Process Outsourcing (BPO) company, offering a wide range of support services to clients across various industries. Over the years, NSB BPO has established itself as a reliable partner for organizations seeking efficient, scalable, and cost-effective outsourcing solutions.

The company specializes in essential back-end and customer-facing services such as customer support, telesales, tele-collections, document digitization, application and KYC form processing, warehousing, archival solutions, and comprehensive payroll management. These services are designed to help businesses streamline operations and focus on their core competencies.

NSB BPO serves clients across a broad spectrum of sectors, including telecommunications, banking, financial services, insurance, e-commerce, food delivery, hospitality, government, healthcare, and education. Its ability to tailor solutions to each industry’s unique needs has been a key driver of its success and continued growth.

In addition to its core BPO operations, NSB BPO has diversified into the trading of fast-moving consumer goods (FMCG) and essential staple products such as dal, sugar, rice, dry fruits, fruits, and vegetables. By leveraging its wide procurement network and efficient B2B sales infrastructure, the company ensures timely delivery and quality supply, meeting the demands of a growing customer base.

Industry Outlook

The IT & BPM sector is a vital driver of India's economic growth, contributing 7.4% to the national GDP in FY22, with projections indicating a rise to 10% by 2025. Its role in enhancing public welfare and digital transformation across sectors underscores its macroeconomic importance.
India continues to be the top global hub for IT outsourcing, offering high-quality onshore and offshore services to international clients. Its large, skilled talent pool and cost-efficiency make it a preferred destination for global IT services and BPM operations.
Driven by the Digital India Programme, the country has built a robust digital ecosystem, empowering over 760 million internet users. As one of the fastest adopters of digital technologies, India is witnessing transformative changes across industries, boosting productivity and innovation.
Spending on IT in India is expected to reach US$ 144 billion in 2023, with the IT & business services industry projected to grow to US$ 19.93 billion by 2025. Emerging technologies like cloud computing are expected to generate 14 million jobs and contribute US$ 380 billion to GDP by 2026, showcasing the sector’s long-term potential.

How To Apply for the NSB BPO Solutions IPO Online?

Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
Locate the IPO Section: Navigate to the 'IPO' section on the platform.
Select IPO: Find and select the NSB BPO Solutions IPO from the list of open IPOs.
Enter the Lot Size: Specify the number of lots you want to bid for.
Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

How To Check the Allotment Status of NSB BPO Solutions IPO?

Steps to check IPO allotment status on Angel One’s app:

Log in to the Angel One app.
Go to the IPO Section and then to IPO Orders.
Select the individual IPO that you had applied for and check the allotment status.
Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of NSB BPO Solutions IPO

3 rd Floor, Plot No. 13, Railway Colony, E-8, Arera Colony, Trilanga, Bhopal, Huzur, Madhya Pradesh, India 462039.

Phone: +91 755 4500715

E-mail: ipo@nsbbpo.in

NSB BPO Solutions IPO Reservation

Investor Category	Shares Offered	% of Total
Market Maker	2,65,000	5.00%
QIB (Qualified Institutional Buyers)	53,000	1.00%
NII (Non-Institutional Investors / HNI)	24,82,000	46.83%
Retail Investors	25,00,000	47.17%
Total	53,00,000	100.00%

NSB BPO Solutions IPO Lot Size Details

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

Narendra Singh Bapna is the promoter of the company.

Share Holding Pre-Issue	45.78%
Share Holding Post Issue&nbsp	33.63%

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Key Performance Indicators for NSB BPO Solutions IPO

KPI	Value
ROE (%)	7.92
ROCE (%)	9.43
EBITDA Margin (%)	13.62
PAT Margin (%)	7.97

NSB BPO Solutions IPO Prospectus

NSB BPO Solutions IPO Registrar and Lead Managers

NSB BPO Solutions IPO Lead Managers

Inventure Merchant Banker Services Pvt Ltd

Registrar for NSB BPO Solutions IPO

Bigshare Services Pvt Ltd

Contact Number: +91 22 6263 8200
Email Address: ipo@bigshareonline.com

Financial Performance of NSB BPO Solutions Limited

Financial year	Year ending on March 31, 2025	Year ending on March 31, 2024	Year ending on March 31, 2023
Total Income (in ₹ lakhs)	13,853.63	12,826.82	28,515.24
Profit/loss After Tax (in ₹ lakhs)	1,104.68	673.43	220.78
PAT Margin (%)	7.97	5.25	0.77
EBITDA (in ₹ lakhs)	1,886.66	1,297.82	1,216.96
EBITDA Margin (%)	13.62	10.12	4.27
Return on Equity (%)	7.92	6.36	1.73
Net Worth (in ₹ lakhs)	13,952.36	10,590.55	12,784.98

Know before investing

Strengths

With nearly two decades of operational excellence, NSB BPO has built a reputation for delivering timely, error-free services that foster strong customer retention and loyalty.
Led by a qualified promoter and a stable senior management team, the company benefits from deep industry knowledge and strategic execution capabilities.
High client satisfaction and long-standing partnerships drive repeat business and serve as a competitive edge in acquiring new clients.
The company serves a broad range of sectors including BFSI, insurance, government, healthcare, retail, and logistics, reducing dependence on any single segment.
With contracts like UIDAI, National Consumer Helpline, and Kisan Helpline, NSB BPO is well-positioned to expand within government-driven initiatives under Digital Bharat and Atmanirbhar Bharat.

Risks

Delay in setting up the call centre may hinder business growth and impact future operations and plans.
Ongoing legal proceedings involving the company and its promoters may lead to penalties, affecting financial health.
Failure to repay or prepay borrowings could increase financial risk and burden.
High working capital requirements may strain operations if not adequately funded.
Dependence on IT BPO services makes the company vulnerable to changes in demand or reputation in this segment.