NPST Bags ₹300 Cr Boost from Tata MF: Fintech Powerhouse Gears for AI Leap!

Funding Milestone

NPST secures NSE/BSE listing approval for 14,46,500 equity shares issued exclusively to Tata Mutual Fund, a non-promoter entity. Priced at ₹2,074 (₹10 face + ₹2,064 premium), this infusion validates NPST's growth in UPI, IMPS, BBPS, and digital banking for 20+ regulated clients.​

Strategic Vision

Funds target AI-first payments tech for smarter risk controls and experiences, alongside inorganic growth, ecosystem expansion, and ventures in Africa, Middle East, Southeast Asia. Chairman Deepak Chand Thakur hails it as endorsement for next-decade platforms amid booming digital payments demand.​

Key Highlights

Issue Details: 14,46,500 shares at ₹2,074; total ₹300 Cr raised.​

Stake Impact: Tata MF holds 9.42% post-allotment.​

Growth Focus: AI payments, global remittances (Africa debut), IoT/NCMC products.​

Client Expansion: Empanelled with PSUs; new bill payment orders worth ₹2 Cr.​

Compliance: Adheres to Companies Act, SEBI ICDR; e-voting/EGM completed.​

Sources: SMEStreet, IBS Intelligence, ScanX, NPST NSE Filing