NSB BPO Solutions IPO is an SME book-built issue scheduled from September 23 to September 25, 2025, with a price band of ₹121 per equity share. The company specializes in business process outsourcing services, including voice call centers, back-office outsourcing, payroll management, warehousing, and KYC support. NSB BPO Solutions IPO offers investors exposure to a diversified BPO services business with growth potential, particularly for medium to long-term investors focused on margin improvement and operational scaling.
₹00
₹121
₹121.45
Expert Opinions
Market sentiment for NSB BPO Solutions IPO is cautiously optimistic given the company’s expanding profit margins amid revenue volatility. The company’s strengths include a diversified BPO service portfolio spanning voice call centers, payroll management, warehousing, and KYC support, serving clients across diverse industries such as telecom, BFSI, government, and healthcare. Risks involve revenue fluctuations primarily due to reduced FMCG trading activity, intense competition in the BPO sector, and margin sensitivity.
Valuation analysis of financial year 2025 for NSB BPO Solutions IPO reveals a Return on Equity (ROE) of 7.92%, Return on Capital Employed (ROCE) of 9.42%, and Net Asset Value (NAV) of ₹95.09, indicating moderate profitability and asset base. The IPO suits long-term investors focusing on margin expansion and operational diversification, while short-term investors should be aware of potential revenue volatility.
Investor Considerations
NSB BPO Solutions IPO has exhibited a mixed financial performance with revenue declining from ₹285.15 crore in FY 2023 to ₹138.54 crore in FY 2025, while profit after tax improved to ₹8.54 crore in FY 2025, reflecting margin expansion. The BPO sector outlook remains stable due to ongoing demand for outsourcing services in telecom, BFSI, healthcare, and retail domains.
The NSB BPO Solutions IPO valuation for FY 2025 includes a Price to Book Value of 1.65, a PAT margin of 7.98%, and a low Debt to Equity ratio of 0.17, showing moderate profitability and manageable debt. Growth prospects depend on broadening client base and service diversification. Risks include revenue volatility and competition. The IPO suits long-term investors focusing on operational turnaround and sector growth, while short-term investors should remain cautious of market fluctuations.
| Date | GMP | Trend |
|---|---|---|
| 09 Oct 2025 11.00 | ₹00 | --- |
| 08 Oct 2025 10.49 | ₹00 | --- |
| 07 Oct 2025 13.15 | ₹00 | --- |
| 06 Oct 2025 11.40 | ₹00 | --- |
| 04 Oct 2025 11.25 | ₹00 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting NSB BPO Solutions IPO’s listing performance. With a final GMP of ₹0, it projected a flat listing at the issue price of ₹121. The stock listed at ₹121.45, delivering a gain of 0.4%. This resulted in a small prediction error of 0.4%, where the GMP correctly indicated a neutral listing and closely matched the actual outcome, reflecting strong reliability in this case.
NSB BPO Solutions IPO Current GMP is ₹00.
NSB BPO Solutions IPO Expected Returns is 0.00%.
NSB BPO Solutions IPO estimated listing price is ₹121.