NSB BPO Solutions IPO
NSB BPO Solutions IPO Details
-
Open Date
23 Sep 2025
-
Close Date
07 Oct 2025
-
Listing Date
10 Oct 2025
- IPO Price Range
₹ 121 to ₹140
- IPO Size
₹ 74.20 Cr
- Listing Exchange
BSE SME
NSB BPO Solutions IPO Timeline
NSB BPO Solutions IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 23-Sep-25 | 0.00 | 0.11 | 0.02 | 0.06 |
| 24-Sep-25 | 0.00 | 0.01 | 0.03 | 0.02 |
| 26-Sep-25 | 0.00 | 0.01 | 0.06 | 0.04 |
| 29-Sep-25 | 0.00 | 0.01 | 0.06 | 0.04 |
| 30-Sep-25 | 0.00 | 0.01 | 0.06 | 0.04 |
| 01-Oct-25 | 0.00 | 0.01 | 0.07 | 0.04 |
| 03-Oct-25 | 0.00 | 0.01 | 0.07 | 0.04 |
| 06-Oct-25 | 7.70 | 0.01 | 0.10 | 0.14 |
| 07-Oct-25 | 25.49 | 0.79 | 0.21 | 0.76 |
Last Updated: 07 October 2025 6:51 PM by 5paisa
Founded in 2005, NSB BPO Solutions Limited is a multi-service BPO firm offering:
Voice Business Call Centre: Cost-effective inbound and outbound voice support for queries, grievances, payment reminders, marketing calls, and customer feedback.
Back Office Outsourcing: Services include document management, onboarding, warehousing, archival, social media support, and digital operations.
Payroll Management: Comprehensive payroll services covering recruitment, compliance, attendance, staff support, insurance, and attrition management.
Trading of FMCG Goods: Engaged in sourcing and trading staples like dal, rice, sugar, and fruits, leveraging an in-house software and tele-sales network for efficient order fulfilment.
Established in: 2005
MD: Vikrant Singhal
Peers:
Eclerx Services Ltd.
Firstsource Solutions Ltd.
One Point One Solutions Limited
NSB BPO Solutions Objectives
Repayment/prepayment of borrowings ₹25.82 Crore
Funding capital expenditure for a new project of ₹13.38Crore
Additional working capital requirements (existing business) ₹ 9.02 Crore
Long-term working capital for a new project of ₹ 20.00 Crore
General corporate purposes
NSB BPO Solutions IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹74.20 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹74.20 Cr |
NSB BPO Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 2,42,000 |
| Retail (Max) | 2 | 2,000 | 2,80,000 |
NSB BPO Solutions IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 25.49 | 53,000 | 13,51,000 | 18.914 |
| NII (HNI) | 0.79 | 24,82,000 | 19,54,000 | 27.356 |
| Individual Investors (IND category bidding for 2 Lots) | 0.21 | 25,00,000 | 5,14,000 | 7.196 |
| Total** | 0.76 | 50,35,000 | 38,19,000 | 53.466 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 285.15 | 128.27 | 138.54 |
| EBITDA | 8.14 | 12.98 | 18.87 |
| PAT | 2.21 | 4.78 | 8.54 |
| Particulars (in Rs. Crores)] | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 210.70 | 147.85 | 175.12 |
| Share Capital | 127.85 | 105.91 | 139.52 |
| Total Borrowings | 41.07 | 27.72 | 23.56 |
| Particulars (in Rs. Crores | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 28.43 | 8.59 | -6.73 |
| Net Cash Generated From / (used in) investing activities | -68.10 | -6.01 | -11.46 |
| Net Cash Generated From / (used in) financing activities | 39.98 | 5.08 | 15.49 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 0.31 | 7.65 | -2.70 |
Strengths
1. Wide range of BPO and trading services
2. Experienced management team
3. Strong client relationships and satisfaction
4. Diversified customer base
Weaknesses
1. High dependency on key clients
2. Regional concentration in operations
3. Intense competition in the BPO and FMCG sectors
4. Lesser-known brand outside its markets compared to bigger peers
Opportunities
1. Growing demand for outsourcing and digitisation
2. Expansion into new industries and geographies
3. Rising demand in FMCG trading and B2B markets
4. Automation, AI, and workflow tools can enhance efficiency.
Threats
1. Competition from larger established BPO players
2. Economic downturns are impacting client spending
3. Regulatory risks in the outsourcing and FMCG sectors
4. Larger BPOs and FMCG traders could impact market share.
1. Combines BPO services, back-office solutions, payroll management, and FMCG trading, reducing reliance on a single revenue stream.
2. Demonstrated 8% revenue growth and 79% PAT growth in FY25, reflecting robust profitability and operational efficiency.
3. Promoter and management team bring deep industry expertise and a proven track record of client satisfaction.
4. Rising demand for outsourcing services and B2B FMCG supply offers strong growth potential.
5. Funds will strengthen financial position, support capital expenditure, and enhance working capital for sustainable expansion.
India’s BPO industry continues to grow due to rising demand for outsourcing, digitisation, and cost-effective solutions. SMEs and corporates increasingly rely on outsourcing for non-core operations, driving opportunities for players like NSB BPO. In parallel, India’s FMCG sector is expanding, offering scope for the company to scale its trading business. With its hybrid model of BPO services and FMCG trading, NSB BPO stands positioned to tap into both high-growth sectors.
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FAQs
The NSB BPO Solutions IPO opens on September 23, 2025 and closes on October 07, 2025.
The NSB BPO Solutions IPO size is ₹74.20 crore.
The price band of NSB BPO Solutions IPO is fixed at ₹121 to ₹140 per share.
To apply for NSB BPO Solutions IPO, follow the steps given below:
- Login to your 5paisa account and select the issue in the current IPO section
- Enter the number of lots and the price at which you wish to apply for the NSB BPO Solutions IPO.
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
- You will receive a mandate notification to block funds in your UPI app.
For NSB BPO Solutions IPO, a minimum investment require at least 2 lots of 1,000 shares is required, requiring ₹242,000.
Allotment of NSB BPO Solutions IPO will be finalised on October 08, 2025.
The share listing date of NSB BPO Solutions IPO is expected to be listed at October 10, 2025.
Inventure Merchant Banker Services Pvt.Ltd is the book running lead manager of NSB BPO Solutions IPO.
NSB BPO Solutions to utilise the raised capital from the IPO for:
- Repayment/prepayment of borrowings ₹25.82 Crore
- Funding capital expenditure for a new project of ₹13.38Crore
- Additional working capital requirements (existing business) ₹ 9.02 Crore
- Long-term working capital for a new project of ₹ 20.00 Crore
- General corporate purposes
NSB BPO Solutions Contact Details
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/
NSB BPO Solutions IPO Register
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
NSB BPO Solutions IPO Lead Manager
Inventure Merchant Banker Services Pvt.Ltd