Manipal Payment and Identity Solutions IPO Price Band & Lot Size
MainboardListedUpdated · GMP, subscription and listing data refresh through the day.
Manipal Payment and Identity Solutions IPO Details
Market capitalisation is the post-issue share count in the offer document’s capital structure (23,18,04,528 shares) multiplied by the upper end of the price band, ₹339. It is arithmetic on those two filed figures, not a valuation.
Manipal Payment and Identity Solutions IPO Objects of the Offer what the fresh issue funds
| Object of the offer | ₹ crore |
|---|---|
| Funding capital expenditure towards purchasing and setting up new and second-hand equipment | ₹238.43 |
| General corporate purposes | — |
As stated in the “Objects of the Offer” section of the offer document. Proceeds of the offer for sale go to the selling shareholders, not to the company.
Manipal Payment and Identity Solutions Financials ₹ in crore
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹1,247.52 | ₹1,256.07 | — |
| Expenses | — | — | — |
| Net profit (PAT) | ₹249.17 | ₹282.21 | ₹253.46 |
| PAT margin | 20.0% | 22.5% | — |
| Total assets | ₹1,102.71 | ₹1,409.67 | ₹1,160.9 |
Manipal Payment and Identity Solutions IPO Valuation and Listed Peers as stated in the offer document
| Company | P/E | EPS | RoNW | NAV / share |
|---|---|---|---|---|
| Manipal Payment and Identity Solutions this issue, at ₹339 | — | ₹11.53 | 22.93% | ₹48.84 |
| Seshaasai Technologies Limited | 24.97× | ₹15.45 | 16.81% | ₹88.15 |
The issue’s own figures are copied from the “Basis for the Offer Price” section of its offer document at the upper end of the price band, and the peers are the listed companies Manipal Payment and Identity Solutions names in that same section as its comparison set. Peer figures are for the periods the document states, so they are not necessarily the latest reported. Every cell is transcribed from the filing; none is calculated here, and a figure the document does not state is left blank.
Manipal Payment and Identity Solutions Shareholding before & after the IPO
The founding owners and their group entities.
The pre-issue ring is the shareholding-pattern table printed in this issue’s red herring prospectus. No red herring prospectus states a post-issue register — every post-Offer column in one reads “[•], to be included in the Prospectus, subject to finalisation of Basis of Allotment”. So the second ring is worked out from the offer’s own structure. The fresh issue creates shares and dilutes everyone (₹3,200.00 million fresh issue ÷ ₹339 upper band); an offer for sale creates none, and moves the promoters’ holding only by what the promoters themselves sell — 139,302,995 held before the offer − 14,306,785 offered for sale by the promoters. Shares sold by an investor or any other shareholder reach the public without touching the promoter block. Projected at the upper end of the price band, and subject to the basis of allotment. Pre-issue percentages are taken from the disclosure, never estimated.
Manipal Payment and Identity Solutions IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹339 |
|---|---|---|
| Retail (min)1 lot | 44 | ₹14,916 |
| Retail (max)13 lots | 572 | ₹1,93,908 |
| sHNI (min)14 lots | 616 | ₹2,08,824 |
| bHNI (min)68 lots | 2,992 | ₹10,14,288 |
One lot is 44 shares, so a single application at the ₹339 cut-off costs ₹14,916. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
About Manipal Payment and Identity Solutions
Manipal Payment and Identity Solutions Limited manufactures and sells payment cards, cheque books, and identification solutions. It also provides smart tagging and IoT solutions. The company serves customers in banking, fintech, and government sectors across domestic and international jurisdictions. It was incorporated in 2008 and is headquartered in Manipal, Karnataka.
Manipal Payment and Identity Solutions IPO Strengths & Risks as disclosed in the DRHP
How to check Manipal Payment and Identity Solutions IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Manipal Payment and Identity Solutions Limited, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 11 Sept 2026 and listing on 17 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.
Manipal Payment and Identity Solutions IPO Price Band & Lot Size FAQs
What is the price band of Manipal Payment and Identity Solutions IPO?
The Manipal Payment and Identity Solutions Limited IPO price band is ₹339 to ₹339 per share. Applications are made at the cut-off price, which is the upper end of the band.
What is the lot size of Manipal Payment and Identity Solutions IPO?
One lot is 44 shares, so a single application at the ₹339 cut-off costs ₹14,916. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.
What is the minimum investment in Manipal Payment and Identity Solutions IPO?
₹14,916 — one lot of 44 shares at ₹339. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Is Manipal Payment and Identity Solutions IPO a mainboard or SME issue, and on which exchange?
Manipal Payment and Identity Solutions Limited is a mainboard issue listing on NSE. The lead manager is Motilal Oswal Investment Advisors Limited.
What is the issue size of Manipal Payment and Identity Solutions IPO?
The issue size is ₹821.89 crore, of which ₹320 crore is a fresh issue and ₹485 crore an offer for sale by existing shareholders.
Manipal Payment and Identity Solutions IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Manipal Payment and Identity Solutions IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (11 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, MUFG Intime India Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹339 upper band means the grey market is dealing at ₹339.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.