Manipal Payment & Identity Solutions

Manipal Payment & Identity Solutions

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₹14,916(44 Shares)

Minimum Investment

IPO Dates

Sep 9, 2026 – Sep 11, 2026

Price Band

₹322–339 per equity share

Issue Size

₹805 Cr

Lot Size

44

Listing

Sep 17, 2026

Listing At

BSE, NSE

Sep 9, 2026Open DateCompleted
Sep 11, 2026Close DateCompleted
Sep 15, 2026Allotment DateCompleted
Sep 17, 2026Listing DateCompleted

Manipal Payment & Identity Solutions Live Subscription Details

All IPOs
QIB1.26x
Retail2.19x
NIIs
1.22x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

1.18x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

1.22x

Overall Subscription

Total Bids Received

1.42x

Manipal Payment & Identity Solutions IPO Issue Details

Issue Price
₹322-339 Per Equity Share
Face Value
₹2 Per Equity Share
Total Issue Size
₹805 Cr
Fresh Share
94,39,528 shares(aggregating up to ₹320 crore)
Listing At
BSE, NSE
Listing Date
Sep 17, 2026
Lead Manager
IIFL Capital Services Ltd., Axis Capital Ltd., ICICI Securities Ltd., Motilal Oswal Investment Advisors Ltd., Nuvama Wealth Management Ltd.
Registrar
MUFG Intime India Private Limited (Link Intime)

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)144₹14,916
Retail (Max)13572₹1,93,908
sHNI (Min)14616₹2,08,824
sHNI (Max)672,948₹9,99,372
bHNI (Min)682,992₹10,14,288

Reservation Details

15%

NII

35.62L

30%

QIB

71.24L

45%

Anchor

1.07Cr

10%

Individual

23.75L

10%

bhni

23.75L

5%

shni

11.87L

100%

shareholder

2.37Cr

Company Information

Manipal Payment and Identity Solutions Ltd (MPISL) is the largest banking and smart card manufacturer in India.It provides end-to-end card services, ranging from the design and production to the deliv...

Valuations

EPS (Pre-IPO)

11.40

EPS (Post-IPO)

10.93

P/E (Pre-IPO)

29.74

P/E (Post-IPO)

31.02

RoNW

22.93%

PAT Margin

18.68%

P/B Value

6.94

Market Cap

₹7,858.17 Cr.

Financial Information (₹ in Crores)

MetricFY 26FY 25FY 24
Total Assets1160.91409.671102.71
Total Revenue1356.591277.111267.97
Profit After Tax253.46282.21249.17
Net Worth1107.34619.7405.05

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Capital Expenditure on Equipment
  2. 2General corporate purposes

Manipal Payment & Identity Solutions – Promoter(s)

Tonse Gautham Pai
T. Satish U. Pai
S
hya S. Pai
Manipal Technologies Limited
Manipal Media Network Limited
Tridevitha Consultancy Services Private Limited
Tridevita Family Trust 2017.

Contact Details

Corporate Office

Udayavani Building, Press Corner, Manipal, Karnataka, 576104

+91 820 220 5480

info@mpimanipal.com

Visit Website

Manipal Payment & Identity Solutions Allotment & Registrar Details

Check Allotment

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

manipalpayment.ipo@in.mpms.mufg.com

Visit Registrar Website

Manipal Payment & Identity Solutions IPO Documents

Lead Managers

IIFL Capital Services Ltd.

Axis Capital Ltd.

ICICI Securities Ltd.

Motilal Oswal Investment Advisors Ltd.

Nuvama Wealth Management Ltd.

Frequently Asked Questions — Manipal Payment & Identity Solutions IPO

The Manipal Payment & Identity Solutions IPO price band is set at ₹322.00 to ₹339.00 per equity share.

The total issue size of Manipal Payment & Identity Solutions IPO is ₹805 Cr.

The lot size for Manipal Payment & Identity Solutions IPO is 44 shares per lot. The minimum investment amount is approximately ₹14,916.

The Manipal Payment & Identity Solutions IPO opens on Sep 9, 2026 and closes on Sep 11, 2026.

The basis of allotment for Manipal Payment & Identity Solutions IPO is expected to be finalized on Sep 15, 2026.

Manipal Payment & Identity Solutions IPO is expected to be listed on Sep 17, 2026 on BSE, NSE.

The current GMP for Manipal Payment & Identity Solutions IPO is ₹0, suggesting an expected listing price of around ₹322.00. Note: GMP is an unofficial market indicator.

The registrar for Manipal Payment & Identity Solutions IPO is MUFG Intime India Private Limited (Link Intime). You can contact them at manipalpayment.ipo@in.mpms.mufg.com.

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