Manipal Payment and Identity Solutions Limited IPO
listed · NSE · Bookbuilding IPO
Manipal Payment and Identity Solutions Limited IPO was a ₹805 crore book-built issue on NSE with a price band of ₹322–₹339 per share, open for bidding from 9 Sep 2026 to 11 Sep 2026.
Last updated: · How we collect data
Company overview
- Website
- https://mpimanipal.com/
IPO overview
Manipal Payment and Identity Solutions Limited raised ₹805 crore through a book-built issue, combining new shares issued by the company (a fresh issue) with shares sold by existing shareholders (an offer for sale).
Bids were accepted within a price band of ₹322–₹339 per share (face value ₹2); the final issue price is set within this band after bidding closes.
The shares listed on NSE on 17 Sep 2026.
Motilal Oswal Investment Advisors Limited, Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Nuvama Wealth Management Limited were the book-running lead managers and MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar, which processes applications, allotment and refunds.
- Issue type
- Bookbuilding IPO
- Issue structure
- Fresh Capital-cum-Offer for Sale
- Issue size
- ₹805 crore
- Price
- ₹322–₹339 per share
- Face value
- ₹2 per share
- Exchange
- NSE
- Lead manager
- Motilal Oswal Investment Advisors Limited, Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Nuvama Wealth Management Limited
- Registrar
- MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
IPO timeline
- Bidding opens 9 Sep 2026
- Bidding closes 11 Sep 2026
- Basis of allotment —
- Refunds / unblocking —
- Shares credited to demat —
- Listing 17 Sep 2026
Bidding ran from 9 Sep 2026 to 11 Sep 2026.
The shares listed on 17 Sep 2026.
Subscription summary
By the close of bidding, the issue was subscribed 1.42× overall (last figure recorded 11 Sep 2026).
By category: qualified institutional buyers (QIB) 1.26×, non-institutional investors (NII) 1.22× and retail investors 2.19×.
Recorded day by day: 9 Sep 0.18×, 10 Sep 0.31× and 11 Sep 1.42×.
Bids were received for 1.42× the shares available, so not every applicant in an oversubscribed category will receive shares.
| Category | Subscribed (as of 11 Sep 2026) |
|---|---|
| QIB | 1.26× |
| NII | 1.22× |
| Retail | 2.19× |
| Overall | 1.42× |
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹-8 on 16 Sep 2026, equal to -2.4% of the upper price band.
Across 10 readings between 7 Sep 2026 and 16 Sep 2026, the quoted GMP ranged from ₹-10 to ₹38.
We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
The registrar, MUFG Intime India Private Limited (Formerly Link Intime India Private Limited), processes allotment; check status on its website or the exchange's application-status page.
Offer documents
Where the offer document differs from any figure on this page, the document prevails.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial). Methodology · Report an error
Tools
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