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Shares of Network People Services Technologies Ltd (NPST), a payments and technology service provider, rose on April 30 as the firm successfully migrated from the NSE Emerge platform to the Mainboards of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

At 12:30 pm on April 30, NPST shares were trading 1% higher at Rs 2,352 apiece. The market capitalisation of the stock is Rs 4,550 crore.

Founded in 2013, NPST operates across key layers of India’s financial technology stack, including UPI switching, merchant acquiring, digital banking infrastructure, and regulatory technology. The company currently serves over 100 plus customers - banks and fintech institutions.

The migration involves 1,93,89,900 equity shares with a face value of Rs 10 each and has been carried out in compliance with SEBI’s Issue of Capital and Disclosure Requirements Regulations, 2018, said the firm.

On this achievement by the company, Deepak Chand Thakur, Co-Founder and CEO,said, “The step-up positions NPST for ‘2.0 and beyond’—the next phase of our journey. Moving to the Mainboard reinforces our credibility and provides us the flexibility to keep creating long-term value for our customers, partners, and investors. We are just at the beginning of what we believe will be a truly transformative growth journey.”

Ashish Aggarwal, Joint Managing Director, said: “This is an important milestone in our development and the beginning of a new era. The transition to NSE and BSE Mainboards enhances corporate governance, builds investor trust, and strengthens our foundation to scale sustainably. It’s a structural advancement that sets the stage for the next decade of growth.

As part of its international growth plans, NPST has recently established an office in Dubai as the first step in entering key global markets. The company said it is also investing heavily in talent acquisition, with plans to increase its workforce by 50% to support the next growth stage.

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