Markets / IPO / Manipal Payment and Identity Solutions

Manipal Payment and Identity Solutions IPO

Updated 17:40

Mainboard IPO on NSE and BSE · Financial Technology (Fintech)

Status
Listed
Price band
₹322–339
Lot size
44 shares · ₹14,916
Subscribed
1.42×

How it listed

Issue price
₹339
Listing price (open)
₹330.00 -2.65%
First-day close
₹345.15 +1.81%
Price now
₹312.80 -7.73%
Listing day17 Sept 2026
Open / high / low / close₹330.00 / ₹350.50 / ₹315.65 / ₹345.15
Shares traded on NSE85,10,549
Market value at the listing-day close₹7,675 cr

Closing prices since listing: 26 Oct ₹307.15, 27 Oct ₹302.55, 28 Oct ₹305.00, 29 Oct ₹311.80, 30 Oct ₹302.40, 2 Nov ₹306.65, 3 Nov ₹330.25, 4 Nov ₹331.35, 5 Nov ₹315.35, 6 Nov ₹312.75.

Manipal Payment and Identity Solutions share price, live chart and technicals →

Key dates

Bidding opens9 Sept 2026
Bidding closes11 Sept 2026
Allotment15 Sept 2026
Refunds and shares in demat16 Sept 2026
Listing17 Sept 2026

Issue reservation

Investor groupShares% of issueMost applicants allotted
Anchor investors1,06,85,84145.00%–
Institutions (QIB)71,23,89530.00%–
HNI / NII35,61,94615.00%–
  HNI, above ₹10 lakh23,74,63110.00%793
  HNI, ₹2–10 lakh11,87,3155.00%1,927
Retail23,74,63110.00%53,968

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

ApplicationLotsSharesAmount
Retail (minimum)144₹14,916
Retail (maximum)13572₹1,93,908
Small HNI (minimum)14616₹2,08,824
Small HNI (maximum)672,948₹9,99,372
Big HNI (minimum)682,992₹10,14,288

At ₹339 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance
At least 1 in 2
Retail allotments available
53,968 × one lot
Retail portion subscribed
2.19×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor categoryShares offeredShares bid forTimes subscribed
Institutions (QIB)71,23,89589,64,1641.26×
HNI / NII35,61,94643,46,1441.22×
  HNI, above ₹10 lakh23,74,63129,40,8281.24×
  HNI, ₹2–10 lakh11,87,31514,05,3161.18×
Retail23,74,63152,02,2962.19×
Total1,30,60,4721,85,12,6041.42×

NSE and BSE bids together, as of 11 Sept 2026 19:00.

Demand at each price

Top price ₹339139.02 lakh shares75.0%
Cut-off final price, whatever it is; mostly retail45.81 lakh shares24.7%
Lower prices ₹322–3380.52 lakh shares0.3%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date8 Sept 2026
Anchor shares1,06,85,841
Raised from anchors₹362.25 cr
Lock-in ends for the first 50% (30 days)14 Oct 2026
Lock-in ends for the remaining 50% (90 days)13 Dec 2026 (in 37 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹7,538 cr₹6,956 cr
P/E (last 12 months' profit)––
Revenue, last 12 months–
Profit, last 12 months–
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Financial Technology (Fintech)

CompanyListedSubscribedOn listingSince IPO
Moneyview 1 Oct98.46×+61.76%+61.62%
Turtlemint Fintech Solutions 29 Jun1.20×-11.25%-62.96%
Pine Labs 14 Nov2.46×+9.50%-26.49%
Finbud Financial Services SME13 Nov–+10.56%-9.93%
Seshaasai Technologies 30 Sept68.13×+2.13%-24.18%
One MobiKwik Systems 18 Dec119.38×+57.71%-19.42%

IPO details

Price band₹322–339
Final issue price₹339
Lot size44 shares
Minimum investment₹14,916 (1 lot)
MarketNSE mainboard
Issue typeBook Building
Face value₹2 per Equity Share
IndustryFinancial Technology (Fintech)
Issue size₹970.00 crore (about 2.86 crore shares) · Fresh issue + offer for sale: fresh ₹485.00 cr, offer for sale ₹485.00 cr
ISININE241U01028
RegistrarMUFG Intime India Private Limited
Helpline: +91 8108114949, manipalpayment.ipo@in.mpms.mufg.com
Lead managersMotilal Oswal Investment Advisors Limited, Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited and Nuvama Wealth Management Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 15 Sept 2026. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Manipal Payment and Identity Solutions IPO price band and lot size?

The price band is ₹322–339 per share, and one lot is 44 shares (₹14,916 at the upper price).

When is the Manipal Payment and Identity Solutions IPO allotment date?

Allotment was finalised on 15 Sept 2026, the next working day after bidding closed on 11 Sept 2026.

How many times was the Manipal Payment and Identity Solutions IPO subscribed?

In total 1.42 times, on NSE and BSE together; retail 2.19 times.

What is the Manipal Payment and Identity Solutions IPO listing date?

It listed on 17 Sept 2026 on NSE and BSE.

What is the chance of getting Manipal Payment and Identity Solutions IPO shares?

At least 1 in 2 retail applicants got the minimum lot: 53,968 retail allotments with the retail portion subscribed 2.19 times. Winners are picked by lottery.

When does the Manipal Payment and Identity Solutions anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 14 Oct 2026 and the 90-day lock-in on the rest ends on 13 Dec 2026; they can sell from the next trading day.

What was the Manipal Payment and Identity Solutions listing gain?

It opened at ₹330.00 against an issue price of ₹339, a loss of 2.65%. It is now down 7.73% from the issue price.