Network People Services Technologies wins UPI TPAP order from Maharatna PSU
Network People Services Technologies Ltd has received an order from a Maharatna Public Sector Undertaking to develop and implement a UPI Third-Party Application Provider (TPAP) application. The company will serve as the Technology Service Provider (TSP) on a Software-as-a-Service (SaaS) model, which is expected to create a recurring revenue stream. The order was received in the normal course of business, and the disclosure was made to the exchanges on June 22, 2026.

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Network People Services Technologies Ltd has secured an order from a Maharatna Public Sector Undertaking for the development and implementation of a UPI Third-Party Application Provider (TPAP) application. Under the agreement, the company will act as the Technology Service Provider (TSP). This engagement is expected to establish a recurring revenue stream for the company over the duration of the contract, as the solution will be delivered via a Software-as-a-Service (SaaS) model.
The order was received in the normal course of business. The disclosure was made to the exchanges pursuant to Regulation 30 read with Part A, Para C of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Aspect | Details |
|---|---|
| Client | Maharatna Public Sector Undertaking |
| Project | UPI TPAP application development |
| Role | Technology Service Provider (TSP) |
| Model | Software-as-a-Service (SaaS) |
Chetna Chawla, Company Secretary and Compliance Officer at Network People Services Technologies Limited, signed the intimation dated June 22, 2026.
Historical Stock Returns for Network People Services Tech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.54% | +4.75% | +59.57% | +17.96% | -15.24% | +2,039.76% |
What is the expected financial impact of this recurring revenue stream on NPST's future earnings?
Could this contract pave the way for similar UPI TPAP projects with other public sector undertakings?
How will the SaaS delivery model influence the company's operational margins and scalability?

































