Network People Services Technologies has delivered phenomenal returns to its shareholders, establishing itself as one of the biggest wealth creators in the Indian stock market. The digital banking and payments technology company's shares have seen remarkable growth over recent years, transforming modest investments into substantial wealth.

Exceptional Stock Performance Journey

The company's shares began their extraordinary journey in January 2022 and continued their upward trajectory until August 2024, delivering massive gains of 16,270%. During this remarkable period, the stock reached a fresh record high of ₹3,577 per share, demonstrating consistent momentum across multiple years.

The stock demonstrated remarkable consistency, closing in positive territory for 26 months during this period. December 2022 recorded the biggest monthly gain of 90.4%, followed by July 2024 with a surge of 65.3%.

Annual Performance Analysis

The stock's annual performance showcases its multibagger potential across different calendar years. Network People Services Technologies delivered exceptional returns in three out of the last four years, with only 2025 showing a decline.

During the growth period, the stock price moved from ₹21.85 per share to ₹1,400 per share. Despite finishing 2025 with a steep drop of 47%, representing its biggest annual decline since listing, the overall trajectory remains impressive.

Wealth Creation Impact

The massive rise in share price has significantly boosted investor wealth, demonstrating the potential of strategic stock market investments. An investor who invested ₹1 lakh in the stock four years ago and maintained their position would have seen their investment grow to ₹64.5 lakh.

This remarkable wealth creation has particularly benefited retail investors, who have shown strong participation in the company's growth story. The rally has also substantially boosted the company's market capitalization, which now stands at ₹2,917 crore.

Retail Investor Participation

Retail investors have been significant beneficiaries of Network People Services Technologies' growth trajectory. According to BSE data from the September quarter, retail investors collectively own a substantial stake in the company.

The strong participation of individual shareholders, particularly those with capital of up to ₹2 lakh, underlines the broad-based nature of the company's investor base and the democratization of wealth creation through this stock.

Network People Services Technologies Limited has announced a strategic partnership with Infinity Infoway Ltd to revolutionize digital payments by embedding payment capabilities directly into identity cards. The collaboration, announced on January 09, 2026, introduces an innovative approach that transforms everyday identity credentials into secure prepaid payment solutions.

Partnership Overview

The strategic alliance combines NPST's TimePay Prepaid Card technology with Infinity Infoway's ERP platform to create an integrated payment ecosystem. This partnership enables identity-linked digital payments through an embedded, ERP-integrated platform that seamlessly integrates with existing organizational workflows.

Technology Integration and Functionality

The partnership transforms student IDs, employee IDs, and driver IDs into secure, prepaid credentials that support operational use cases. Infinity Infoway's ERP system governs core operational processes including identity issuance, role definition, access rights, approvals, and policy enforcement. NPST's payment layer integrates directly into this operational framework, ensuring transactions occur only within organizationally defined boundaries.

The solution operates seamlessly across both offline and online acceptance points, making it suitable for campuses, transport ecosystems, and enterprise environments. Organizations retain full operational oversight through a single, integrated system while users benefit from a simple, cashless experience through credentials they already carry.

Sector-Specific Applications

Educational Institutions

For educational institutions, the platform embeds prepaid payments into academic and administrative workflows. The system enables controlled usage across approved on-campus merchants and predefined categories such as canteens, bookstores, and transportation. Parents can preload funds, reducing cash handling while ensuring transaction visibility, auditability, and misuse prevention.

Transport and Fleet Operations

For transport companies and fleet operators, the platform addresses challenges such as fuel overbilling and misuse of cash advances. Driver-issued identity credentials can be configured for use only at authorized fuel stations or approved expense categories, with predefined limits governed by operational policies. The system provides digital transaction trails and real-time reconciliation to improve cost control and audit readiness.

Leadership Perspectives

Deepak Chand Thakur, Chief Executive Officer and Co-founder of NPST, emphasized the practical approach to financial inclusion: "Financial inclusion must move beyond access to bank accounts and focus on real-world usability. By embedding payments directly into identity credentials, Timepay enables institutions to digitize everyday transactions while retaining control, compliance, and transparency."

Bhavesh Gadhethariya, Founder and Managing Director of Infinity Infoway, highlighted the strategic value: "Together, we aim to build a single identity-based, infinite payments ecosystem for students, employees, and drivers. Infinity's strong capabilities and large-scale presence in the education ecosystem will enable us to create new milestones and deliver greater value to students, parents, and education management."

Company Profiles

NPST Background

Incorporated in 2013, NPST operates as a Technology Service Provider (TSP) and Payment Platform as a Service Provider (PaaS), listed on both NSE and BSE. The company offers integrated solutions including UPI and IMPS switches, BBPS integrations, banking super apps, merchant acquiring, and AI-enabled fraud management. NPST supports over 100 customers and processes more than 18 billion transactions annually.

Infinity Infoway Capabilities

Infinity specializes in AI-powered ERP and digital transformation solutions for education and industry sectors since 2008. The company serves over 50 universities, 1,000+ colleges and schools, and 10+ million students. Infinity also manages technology for 600+ corporate and travel customers, handling 100,000+ employees and drivers while processing over 5 billion API requests annually.