Manipal Payment & Identity Solutions IPO is a mainboard IPO aggregating up to 805 crore rupees. The issue consists of a fresh issue of 94,39,528 shares (aggregating up to 320 crore rupees) and an offer for sale of 1,43,06,785 shares (aggregating up to 485 crore rupees).
The IPO opened for subscription on 9 September 2026 and closes on 11 September 2026. The basis of allotment will be finalised on 15 September 2026. The shares will be listed on BSE and NSE on 17 September 2026.
The price band for the IPO is set at ₹322 to ₹339 per share. The minimum amount required for a retail investor is ₹14,916 (44 shares, 1 lot). The minimum amount required for an sHNI investor is ₹2,08,824 (616 shares, 14 lots).
Axis Capital Ltd, ICICI Securities Ltd, IIFL Capital Services Ltd, Motilal Oswal Investment Advisors Ltd and Nuvama Wealth Management Ltd is the lead manager and MUFG Intime India Private Limited is the registrar of the IPO.
Refer to Manipal Payment & Identity Solutions RHP for more detailed information.
Manipal Payment & Identity Solutions IPO Details Closed
IPO Issue Details
Manipal Payment & Identity Solutions IPO Lot Size & Required Amount
Number of Shares Per Lot = Shares
| Application | Lot(s) | Shares | Amount |
|---|---|---|---|
|
Retail (Min) Minimum investment required for Retail Individual Investors (RII). |
1 | 44 | ₹14,916 |
|
Retail (Max) Maximum investment allowed for Retail Individual Investors (Must be under ₹2 Lakhs). |
13 | 572 | ₹1,93,908 |
|
S-HNI (Min) Minimum investment for Small High Net-worth Individuals (sHNI) (Must be above ₹2 Lakhs). |
14 | 616 | ₹2,08,824 |
|
S-HNI (Max) Maximum investment for Small High Net-worth Individuals (sHNI) (Must be up to ₹10 Lakhs). |
67 | 2948 | ₹9,99,372 |
|
B-HNI (Min) Minimum investment for Big High Net-worth Individuals (bHNI) (Must be above ₹10 Lakhs). |
68 | 2992 | ₹10,14,288 |
IPO Reservation
Manipal Payment & Identity Solutions IPO offers total 2,37,46,313 shares (100.00%) . Out of which Not less than 75% of offer allocated to QIB, Not more than 15% of the offer allocated to NII, Not more than 10% of the offer allocated to RII.
| Investor Category | Shares Offered |
|---|---|
|
QIB Shares Offered
Qualified Institutional Buyers (e.g., mutual funds, banks). |
Not less than 75% of offer |
|
NII (HNI) Shares Offered
Non-Institutional Investors, also known as High Net-worth Individuals. |
Not more than 15% of the offer |
|
Retail Shares Offered
Retail Individual Investors applying for up to ₹2 Lakh. |
Not more than 10% of the offer |
| Total Shares Offered | 2,37,46,313 shares (100.00%) |
Company not found.
Financial Performance Indicator (FPI)
| FPI | 31 March 2025 | 31 March 2026 |
|---|---|---|
ROE Return on Equity (ROE) is a measure of financial performance... | 55.08% | 29.35% |
ROCE Return on Capital Employed indicates how efficiently a company uses its capital. | 33.97% | 32.69% |
Debt/Equity A ratio comparing total liabilities to shareholder equity. | 0.76 | 0.00 |
RoNW RoNW (Return on Net Worth) is the percentage of profit earned relative to the company's net worth and reflects overall profitability for shareholders. | 45.54% | 22.93% |
PAT Margin Profit After Tax as a percentage of revenue. Shows how much net profit is retained from every rupee of sales. | 22.10% | 18.68% |
EBITDA Margin EBITDA Margin indicates earnings before interest, tax, depreciation, and amortisation as a percentage of revenue; reflects core operating efficiency. | 32.01% | 33.60% |
Price to Book Value Compares the stock's market price to its book value per share. A higher ratio may indicate market premium. | 11.42 | 6.94 |
| Pre IPO | Post IPO | |
|---|---|---|
EPS Rs Earnings Per Share is a company's profit divided by outstanding shares. | 11.40 | 10.93 |
P/E (x) Price to Earnings ratio is the ratio of a stock's market price to its earnings per share. Indicates how much investors pay per rupee of earnings. | 29.74 | 31.02 |
Promoter Holding The percentage of total shares held by the company's founders or promoter group. | 62.1% | 53.92% |
Manipal Payment & Identity Solutions IPO Peer Comparison
IPO Subscription Status
Manipal Payment & Identity Solutions IPO Frequently Asked Questions (FAQ)
Manipal Payment & Identity Solutions IPO is a mainboard IPO. The company will raise upto 805 crore rupees for 2,37,46,313 shares. Face value is ₹2 per share, Price band is ₹322 to ₹339 per share, and cutt off price is ₹339 per share. The IPO opens on 9 September 2026 and closes on 11 September 2026. is the registrar and shares of Manipal Payment & Identity Solutions IPO will be listed at NSE, BSE.
The issue size of IPO is . For fresh issue: 94,39,528 shares (aggregating up to 320 crore rupees) and for offer for sale: 1,43,06,785 shares (aggregating up to 485 crore rupees).
Price band for IPO is . Applying IPO application at cutt off price ₹339 per share (the upper end of price band) is considered safer than the applying IPO application at lower end of price band.
The lot size of Manipal Payment & Identity Solutions IPO is of 44. Minimum order quantity for retail investor is 44 shares (1 lots) and required amount is ₹14,916. Minimum order quantity for sHNI is 616 shares (14 lots) and required amount is ₹2,08,824. Minimum order quantity for bHNI investor is 2,992 shares (68 lots) and required amount is ₹10,14,288.
The investors portion reserved for QIB is Not less than 75% of offer, reserved for HNI is Not more than 15% of the offer and reserved for retail investors.
The IPO will be available for subscription from 9 September 2026 to 11 September 2026. IPO open date is 9 September 2026 and close date is 11 September 2026.
Allotment date for IPO is 15 September 2026. On the allotment date, After the IPO allotment status is announced, investors can check their IPO application allotment status on their respective IPO registrar.
The registrar for IPO is MUFG Intime India Pvt Ltd.
The IPO will be listed on 17 September 2026 at NSE, BSE.