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ClearIPO

Manipal Payment And Identity Solutions Limited

Mainboard IPO

Allotment pendingMainboardRisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 11 Sept 2026

Key details

Price band
₹322 to ₹339
Face value
Rs 10
Lot size
44 shares
Minimum investment
Rs 14,916
Issue size
Rs 805 Cr
Fresh issue
Rs 805 Cr
Retail quota
35%
Exchanges
BSE, NSE
Opening date
09 Sept 2026
Closing date
11 Sept 2026
Allotment date
12 Sept 2026
Listing date
17 Sept 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

Manipal Payment and Identity Solutions manufactures and personalizes plastic and metal banking, smart, and ID cards, offering services like embossing, encoding, and chip embedding. Through acquisitions, it expanded into secure logistics, revenue assurance, and variable data/security printing—including cheques, policy booklets, tax stamps, and IoT smart tagging. Operating 10 facilities across India (manufacturing plants, personalization bureaus, and cheque centers), the company primarily generates revenue from card sales and personalization, complemented by institutional security printing solutions.

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Awaiting final figures

The issue has closed. Final subscription figures are awaiting confirmation from the source.

Important documents

IPO timeline

  1. IPO opens

    09 Sept 2026

    First day you can apply.

  2. IPO closes

    11 Sept 2026

    Last day to apply, usually by evening.

  3. Allotment

    12 Sept 2026

    Who gets shares is decided.

  4. Refund / unblock

    13 Sept 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    13 Sept 2026

    Allotted shares reach your demat account.

  6. Listing day

    17 Sept 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-09-11T03:45:06.127Z
Last verified
2026-09-11T03:45:06.127Z
Primary source
bse
Secondary source
Exchange filings
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