Manipal Payment and Identity Solutions Limited logo

Manipal Payment and Identity Solutions IPO: GMP, subscription and allotment status

MainboardMUFG IntimeListed17 Sept

This IPO has left the live dashboard. The figures below are as recorded on 24 Sept 2026.

—No subscription figures

Listed at
₹330
−2.7% on issue price
Est. listing
—
No estimate
Price band
₹322–339
Lot
44 shares
Min. ₹14,916

Allotment

Allotment is published. Check every saved PAN in one go.

Check allotment

Dates

9 → 11 Sept · allot 15 · list 17

Refunds and shares in your demat account on 16 Sept.

Subscription by category

Subscription figures for this issue aren't available here.

See this IPO on IPOWatch

Issue details

Segment
Mainboard
Face value
₹2
Issue type
Book Build Issue
Fresh issue
₹320 Crores
Offer for sale
1,43,06,785 Equity Shares
Listing at
BSE, NSE
Registrar
MUFG Intime
NSE symbol
MPIMANIPAL

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 44 shares
₹14,916
Retail Maximum
13 lots, 572 shares
₹1,93,908
S-HNI Minimum
14 lots, 616 shares
₹2,08,824
S-HNI Maximum
67 lots, 2,948 shares
₹9,99,372
B-HNI Minimum
68 lots, 2,992 shares
₹10,14,288

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Capital Expenditure on Equipment
₹238.43 Cr
General Corporate Purpose
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹1,356.59 Cr+6.2% on 2025

Profit, ₹ crore

₹253.46 Cr−10.2% on 2025

Assets, ₹ crore

₹1,160.9 Cr−17.6% on 2025

2026
Revenue ₹1,356.59
Profit ₹253.46
2025
Revenue ₹1,277.11
Profit ₹282.21
2024
Revenue ₹1,267.97
Profit ₹249.17

In ₹ crore, for the years the offer document reports.

ROE
29.35%
ROCE
32.69%
EBITDA Margin
33.60%
PAT Margin
18.68%
Earning Per Share (EPS)
₹11.53 (Basic)
Return on Net Worth (RoNW)
22.93%
Net Asset Value (NAV)
₹48.84

Listed peers

Seshaasai Technologies Limited
P/E 24.97
EPS 15.45

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

Anchor
45%
QIB
30%
NII
15%
Retail
10%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Tonse Gautham Pai, T
Promoter holding
62.65% before the IPO, 53.92% after
Lead managers
Motilal Oswal Investment Advisors Limited, Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited, Nuvama Wealth Management Limited

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

When does Manipal Payment and Identity Solutions IPO open and close?
Bidding ran from 9 September 2026 to 11 September 2026.
What is the Manipal Payment and Identity Solutions IPO allotment date?
Allotment is out. You can check it by PAN now.
When will Manipal Payment and Identity Solutions IPO list?
It listed on 17 September 2026.
What is the lot size and minimum investment for Manipal Payment and Identity Solutions IPO?
One lot is 44 shares, so the minimum investment at the upper price of ₹339 is ₹14,916.
How do I check Manipal Payment and Identity Solutions IPO allotment status?
MUFG Intime has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.
Manipal Payment and Identity Solutions IPO listing price