Manipal Payment and Identity Solutions Ltd IPO was priced at ₹322–₹339 per share with an issue size of ₹805 crore. The IPO opened on Sep 09, 2026 and closed on Sep 11, 2026, with a lot size of 44 shares and a minimum investment of ₹14,916.
No GMP data recorded yet for this IPO.
Subscription data isn't available yet — it appears once bidding opens.
| Price Band | ₹322.00 - ₹339.00 per share |
| Lot Size | 44 shares |
| Min Investment | ₹14,916 |
| Total Issue Size | ₹805.00 crore |
| Shares Offered | 2,37,46,313 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Motilal Oswal Investment Advisors Ltd., Axis Capital Ltd., ICICI Securities Ltd., IIFL Capital Services Ltd., Nuvama Wealth Management Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Listing At | BSE, NSE |
Issue price ₹339 · lot size 44 shares · no GMP recorded, so estimated profit is nil
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 44 | ₹14,916 | ₹14,916 | ₹0 |
| Retail (Max) | 13 | 572 | ₹1,93,908 | ₹1,93,908 | ₹0 |
| S-HNI (Min) | 14 | 616 | ₹2,08,824 | ₹2,08,824 | ₹0 |
| S-HNI (UPI limit) | 33 | 1,452 | ₹4,92,228 | ₹4,92,228 | ₹0 |
| S-HNI (Max) | 67 | 2,948 | ₹9,99,372 | ₹9,99,372 | ₹0 |
| B-HNI (Min) | 68 | 2,992 | ₹10,14,288 | ₹10,14,288 | ₹0 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹1356.59 Cr |
| Profit After Tax | ₹253.46 Cr |
| Net Worth | ₹1107.34 Cr |
Promoters: Tonse Gautham Pai, T.Satish U.Pai, Sandhya S.Pai, Manipal Technologies Ltd.
| Promoter Holding (Pre-Issue) | 622365000% |
| Promoter Holding (Post-Issue) | 631804528% |
Manipal Payment & Identity Solutions Limited provides payment solutions, identification solutions, secure solutions, and smart tagging and IoT solutions to banks, fintechs, non-banking finance companies and governments across domestic and international markets.
Served over 300 customers across domestic and international markets.
| Founded | 2008 |
| Headquarters | Manipal, Karnataka |
| Industry | Financial Services |
| Website | https://mpimanipal.com/ |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Phone | 022-49186000 |
| [email protected] |
11 answers about Manipal Payment and Identity Solutions Ltd IPO — dates, pricing, allotment and listing.
Manipal Payment and Identity Solutions Ltd IPO is a bookbuilding ipo of ₹805 crore. The issue was priced at ₹322–₹339 per share, with a lot size of 44 shares. Bidding ran from Wed, 09 Sep 2026 to Fri, 11 Sep 2026, with shares listed on BSE and NSE.
The price band was ₹322–₹339 per share.
One lot was 44 shares. Bids had to be placed in multiples of 44.
A retail investor needed at least ₹14,916 – one lot of 44 shares at ₹339, the upper end of the price band.
Manipal Payment and Identity Solutions Ltd IPO opened on Wed, 09 Sep 2026 and closed on Fri, 11 Sep 2026.
Allotment was finalised on Tue, 15 Sep 2026.
Manipal Payment and Identity Solutions Ltd shares were listed on Thu, 17 Sep 2026 on BSE and NSE.
The company intended to use the net proceeds towards capital expenditure on equipment and general corporate purposes.
Motilal Oswal Investment Advisors Ltd., Axis Capital Ltd., ICICI Securities Ltd., IIFL Capital Services Ltd. and Nuvama Wealth Management Ltd. are the book running lead managers. MUFG Intime India Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Manipal Payment and Identity Solutions Ltd IPO subscription page, and on the BSE and NSE websites.
From Tue, 15 Sep 2026, check the Manipal Payment and Identity Solutions Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.