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Manipal Payment and Identity Solutions IPO

Open 9 Sep 2026 · Close 11 Sep 2026 · Listing 17 Sep 2026

Price Band₹339.00–₹339.00
Live GMP₹1.00
Subscription1.42×
Issue Size₹805.00 Cr

At a glance

Updated 2026-09-20 17:33:31

Manipal Payment and Identity Solutions is an IPO with an issue size of ₹805.00 crore, proposed for listing on NSE EMERGE. The offer opens on 9 Sep 2026 and closes on 11 Sep 2026. The issue structure includes an offer-for-sale component of ₹485.00 crore. The current listing schedule points to 17 Sep 2026.

Issue details

Listing atNSE EMERGE
Issue size₹805.00 Cr
Offer for sale₹485.00 Cr
Price band₹339.00–₹339.00
Allotment15 Sep 2026
Listing17 Sep 2026

Grey market

GMP page ↗
Latest GMP₹1.00
GMP / upper price0.29%
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens9 Sep 2026
Closes11 Sep 2026
Allotment15 Sep 2026
Listing17 Sep 2026

Subscription demand

Full bidding ↗
QIB0.00×
sHNI0.07×
bHNI0.05×
NII / HNI0.05×
Retail0.03×
Total1.42×

Lot size

InvestorLotsSharesAmount
Retail (Min)144₹14,916
Retail (Max)13572₹193,908
S-HNI (Min)14616₹208,824
S-HNI (Max)672948₹999,372
B-HNI (Min)682992₹1,014,288

Company

Use of proceeds

ObjectAmount
Offer for sale₹485.00 Cr
Capital Expenditure on Equipment₹238.43 Cr
General Corporate Purposes

Financial performance

Year-wise operating scale, profitability and balance-sheet context.
Full financials ↗
Assets613.45₹ Cr · -44.4% vs prior year
Net Worth-93.07₹ Cr · -203.9% vs prior year

FY26

Assets1,160.90
Net Worth1,107.34
Total Debt0.42
RevenueAnnualised basis1,326.75
EBITDAAnnualised basis455.83
PATAnnualised basis253.46
EBITDA Margin (%)34.36

FY25

Assets1,409.67
Net Worth304.25
Total Debt472.86
RevenueAnnualised basis1,256.07
EBITDAAnnualised basis408.77
PATAnnualised basis282.21
EBITDA Margin (%)32.54

FY24

Assets1,102.71
Net Worth89.61
Total Debt449.47
RevenueAnnualised basis1,247.52
EBITDAAnnualised basis355.57
PATAnnualised basis249.16
EBITDA Margin (%)28.50

FY23

Assets613.45
Net Worth-93.07
Total Debt96.62
RevenueAnnualised basis902.17
EBITDAAnnualised basis178.72
PATAnnualised basis117.67
EBITDA Margin (%)19.81

Peer comparison

CompanyEPSP/ERoNWNAV
FY26
FY25
FY24

Registrar & lead managers

Lead managers

  • Location

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-20 17:33:31.
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