Manipal Payment and Identity Solutions IPO
The Manipal Payment and Identity Solutions IPO was a ₹485 crore mainboard issue (fresh issue and offer for sale), open for bidding from 9 Sep to 11 September 2026 at a price band of ₹322 to ₹339. The final issue price was ₹339. It was subscribed 1.42 times overall, and 2.19 times in the retail category. Shares listed on NSE and BSE on 17 September 2026 at ₹330.00, 2.7% below the issue price, and closed the first day at ₹345.15.
- Listing gain at open
- −2.7%₹330.00 vs ₹339
- Issue price
- ₹339Band ₹322 to ₹339
- Lot size
- 44 sharesMinimum ₹14,916
- Issue size
- ₹485 crore
- Subscribed
- 1.42xOverall
- Listed
- 17 Sep 2026NSE, BSE
Price and lots
Manipal Payment and Identity Solutions IPO details
NSE issue details| Bidding dates | 9 Sep 2026 to 11 Sep 2026 |
| Listing date | 17 September 2026 |
| Price band | ₹322 to ₹339 |
| Final issue price | ₹339 |
| Face value | ₹2 per share |
| Lot size | 44 shares |
| Minimum investment | ₹14,916 (44 shares, our calculation) |
| Retail maximum | 13 lots (₹1,93,908), under ₹2 lakh (our calculation) |
| Issue size | ₹485 crore (our calculation from the NSE issue details) |
| Type of issue | Book Building, Fresh issue and offer for sale |
| Listed on | NSE and BSE |
| NSE symbol | MPIMANIPAL |
| BSE code | 544916 |
| ISIN | INE241U01028 |
| Lead managers | Motilal Oswal Investment Advisors Limited, Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited, Nuvama Wealth Management Limited |
| Registrar | MUFG Intime India Private Limited |
Subscription and listing
Manipal Payment and Identity Solutions IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details- QIBs1.26x
- Non-institutional (NII)1.22x
- NII above ₹10 lakh1.24x
- NII ₹2 lakh to ₹10 lakh1.18x
- Retail2.19x
- Total1.42x
Times subscribed at the close of bidding, as published by NSE. It is a fact about demand, not a sign of quality.
Listing day
Our calculation: gains vs issue price| NSE | BSE | |
|---|---|---|
| Open | ₹330.00 | ₹332.00 |
| High | ₹350.50 | - |
| Low | ₹315.65 | - |
| Close | ₹345.15 | ₹345.75 |
| Gain at open | −2.7% | −2.1% |
| Gain at close | +1.8% | +2.0% |
| Shares traded | 85,10,549 | - |
Latest: closed at ₹312.80 on NSE on 6 November 2026, −7.7% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the Manipal Payment and Identity Solutions IPO compares
Our calculation: 2026 mainboard IPOs on IPO24by7Among 109 mainboard IPOs of 2026 on our tracker, the Manipal Payment and Identity Solutions IPO's subscription of 1.42 times ranks 98th of 109, and its listing loss of 2.7% at open ranks 88th of 107. By issue size it ranks 58th. The median listing-day gain at open for mainboard IPOs this year is +7.6%. See all 2026 IPOs with listing gains or the IPO calendar for September 2026.
Other mainboard IPOs listed in September 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| Adroit Industries (India) | 30 Sep 2026 | ₹134 | 176.85x | +75.4% |
| ArMee Infotech | 30 Sep 2026 | ₹375 | 2.44x | 0.0% |
| Elevate Campuses | 30 Sep 2026 | ₹362 | 1.79x | −1.9% |
| Swastika Infra | 30 Sep 2026 | ₹185 | 7.60x | +8.1% |
| Varmora Granito | 29 Sep 2026 | ₹148 | 1.58x | +4.7% |
| National Stock Exchange of India | 24 Sep 2026 | ₹1,785 | 5.71x | +0.8% |
Allotment
Manipal Payment and Identity Solutions IPO allotment status
- Open the registrar's pageMUFG Intime India Private Limited is the registrar. Open its allotment page.
- Select Manipal Payment and Identity Solutions LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
Manipal Payment and Identity Solutions IPO FAQs
What was the Manipal Payment and Identity Solutions IPO price band?
The price band was ₹322 to ₹339 per share and the final issue price was ₹339. The face value is ₹2 per share.
What was the Manipal Payment and Identity Solutions IPO lot size?
One lot was 44 shares. The minimum investment at the issue price was ₹14,916. Retail investors could apply for up to 13 lots.
How many times was the Manipal Payment and Identity Solutions IPO subscribed?
It was subscribed 1.42 times overall, as published by NSE. QIBs bid 1.26 times their quota, NIIs 1.22 times and retail investors 2.19 times.
What was the Manipal Payment and Identity Solutions IPO listing price?
It opened at ₹330.00 on NSE and BSE on 17 September 2026, a loss of 2.7% over the issue price of ₹339 (our calculation). It closed the day at ₹345.15.
How do I check Manipal Payment and Identity Solutions IPO allotment status?
MUFG Intime India Private Limited is the registrar. Select Manipal Payment and Identity Solutions Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the Manipal Payment and Identity Solutions IPO a fresh issue or an offer for sale?
Fresh issue and offer for sale, as stated in the NSE issue details.
Who were the lead managers of the Manipal Payment and Identity Solutions IPO?
Motilal Oswal Investment Advisors Limited, Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited, Nuvama Wealth Management Limited.
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.