New Delhi, Dec. 3 -- Network People Services Technologies Ltd. (NPST) has secured more than Rs.300 crore through a preferential issue fully subscribed by Tata Mutual Fund, marking one of the company's most significant fundraises since its 2021 IPO. The investment signals institutional confidence in India's growing digital payments infrastructure and NPST's expanding presence across banks, fintechs, and payment platforms.

The Mumbai-based company received listing approval from both NSE and BSE for 1,446,500 fully paid-up equity shares of face value Rs.10, issued at Rs.2,074 per share. The allotment, made exclusively to Tata Mutual Fund as a non-promoter investor, increases the fund's stake in NPST to 9.42 per cent.

For NPST, the raise co...