What is the price band of Manipal Payment & Identity Solutions Limited IPO?

The price band for Manipal Payment & Identity Solutions Limited IPO is set at ₹322 to ₹339 per equity share.

What is the lot size and minimum investment for Manipal Payment & Identity Solutions Limited IPO?

The minimum market lot size is 44 shares, requiring a minimum retail application investment of ₹14,916.

When does Manipal Payment & Identity Solutions Limited IPO open and close for subscription?

The public issue opens on 9 Sept 2026 and closes on 11 Sept 2026.

What is the Grey Market Premium (GMP) for Manipal Payment & Identity Solutions Limited today?

As per current grey market indications, Manipal Payment & Identity Solutions Limited IPO GMP stands at ₹-6 (-1.77%). Estimated listing price is approximately ₹333.

Who is the registrar for Manipal Payment & Identity Solutions Limited IPO?

The official registrar for the issue is Link Intime India Private Limited. Investors can check their allotment status on the registrar's official portal (https://in.mpms.mufg.com/Initial_Offer/public-issues.html).

Mainboard

Listed(Both)

Manipal Payment & Identity Solutions Limited

Live GMP Today-1.77%

₹-6(-1.8%)

Price Band & Lot

₹322 - ₹339

Lot: 44 sh. • Min ₹14,916

Est. Listing Price

₹333

Gain: At Par

Indian Market Timeline

17 Sept 2026

Allotment: 15 Sept

Official T+3 Issue Timeline

IPO Schedule & Milestone Stepper

Standard Settlement Framework: SEBI T+3

9 Sept 2026

Bidding Opens

Subscription Starts

11 Sept 2026

Bidding Closes

Cut-off Time 5:00 PM

15 Sept 2026

Basis of Allotment

Registrar Finalization

15 Sept 2026

Refunds / Unblock

UPI Mandate Release

17 Sept 2026

Exchange Listing

Trading on NSE / BSE

Bidding Opens

9 Sept 2026

Subscription Starts

Bidding Closes

11 Sept 2026

Cut-off Time 5:00 PM

Basis of Allotment

15 Sept 2026

Registrar Finalization

Refunds / Unblock

15 Sept 2026

UPI Mandate Release

Exchange Listing

17 Sept 2026

Trading on NSE / BSE

3D Interactive Lot & Profit Calculator

Calculate live investment, expected return & grey market payout

Discount / Cautious

Select Number of Application Lots:44 shares (1 Lot)

1 Lot (Retail Min)13 Lots (₹2L Max Retail)30 Lots (sHNI)

Total Investment

₹14,916

Cutoff Price: ₹339 / share

Est. Listing Price

₹333

+-1.77% expected gain

Est. Net Profit

₹-264

At current GMP of +₹-6/sh

Est. Total Value

₹14,652

Investment + Listing Gain

Kostak & Subject to Sauda (SS) Reference Rates

Kostak is the fixed profit on selling unallotted applications. Subject to Sauda is the guaranteed rate upon share allotment.

Kostak RateN/A

Sauda RateN/A

Listing Performance

Issue Price

₹339

Listing Price

₹330

Listing Gain

₹-9

-2.65%

Current Price

₹360.4

+6.31%

About Manipal Payment & Identity Solutions Limited

Manipal Payment and Identity Solutions Ltd (MPISL) is India’s largest banking and smart card manufacturer, offering end-to-end card services that cover design, production, personalization, and secure delivery for clients including banks and government agencies. The company has expanded its operations globally across the United Kingdom, Europe, Asia-Pacific, and the Middle East and Africa regions, supported by a strong infrastructure of 10 modern manufacturing facilities and 19 units spread across 11 cities, enabling it to serve large-scale domestic and international requirements efficiently.

Issue Structure & Composition

MIXED

Fresh Issue (0%)OFS (60%)

₹320 Cr to Company₹14306785 Cr to Promoters

Fresh Issue Size₹320 Cr

Offer for Sale (OFS)₹14306785 Cr

Total Issue Size₹23746313 Cr

Valuation & Financial Ratios

P/E Ratio

N/A

Price to Earnings

ROE

15%

Return on Equity

ROCE

18%

Capital Employed

Debt / Equity

0.5

Leverage Ratio

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Important Information on IPO Grey Market Premium (GMP)

Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated cash premium traded between buyers and sellers before official listing on NSE or BSE. GMP indications are based on demand-supply dynamics in the grey market and are subject to extreme volatility. Neither SEBI nor stock exchanges regulate grey market operations. Investors should conduct independent fundamental analysis and read the Red Herring Prospectus (RHP) before applying.

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Issue Size

₹321082435 Cr

Est. Profit

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Live Grey Market Premium (GMP)

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Min ₹14,873

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Est. Profit

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Calc View

Manipal Payment & Identity Solutions Limited

IPO Schedule & Milestone Stepper

Bidding Opens

Bidding Closes

Basis of Allotment

Refunds / Unblock

Exchange Listing

Bidding Opens

Bidding Closes

Basis of Allotment

Refunds / Unblock

Exchange Listing

3D Interactive Lot & Profit Calculator

Listing Performance

About Manipal Payment & Identity Solutions Limited

Issue Structure & Composition

Valuation & Financial Ratios

Trending IPOs GMP & Status Today

Live GMP Trackers

Subscription Demand

Allotment Status Check

Calendar & Analytics

Important Information on IPO Grey Market Premium (GMP)

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