Manipal Payment and Identity Solutions Limited
09 Sep 2026 – 11 Sep 2026
LISTED
Offer Price
₹322–339
Bid lot
44
Min Application
₹14,916
Issue Size
₹805 Cr
Key dates
Open date
09 Sep 2026
Done
Close date
11 Sep 2026
Done
Basis of allotment
15 Sep 2026
Done
Initiation of refunds
15 Sep 2026
Done
Credit to demat
15 Sep 2026
Done
Listing date
17 Sep 2026
Done
Issue reservation
₹805 CrQIB 75%10%5%10%
QIB
1.78 Cr sh · ₹603.75 Cr
HNI (10L+)
23.7 L sh · ₹80.50 Cr
HNI (2-10L)
11.9 L sh · ₹40.25 Cr
Retail
23.7 L sh · ₹80.50 Cr
Applications required for 1× subscription
Retail (≤₹2L)
53,969 forms
S-HNI (₹2–10L)
1,927 forms
B-HNI (>₹10L)
794 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Motilal Oswal Investment Advisors Limited · Axis Capital Limited
Lot ladder — how much to bid
1 lot = 44 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
44 sh · ₹14,916
Max · 13 lots
572 sh · ₹1,93,908
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
616 sh · ₹2,08,824
Max · 67 lots
2,948 sh · ₹9,99,372
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
2,992 sh · ₹10,14,288
Entry point
₹10,14,288 onward
Issue details
Lead managersMotilal Oswal Investment Advisors Limited, Axis Capital Limited
Fresh issue94,39,528 sh · ₹320 Cr
Offer for sale1,43,06,785 sh · ₹485 Cr
Face value₹10
Listing onNSE · BSE
RegistrarMUFG Intime India Pvt.Ltd.
Grey-market sentiment
Premium / share
+₹2
Est. listing price₹341
Est. listing gain+0.6%
⚠ Grey-market premium is unofficial, unregulated and not investment advice. 7-day trend shown.
Documents
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Manipal Payment and Identity Solutions Limited IPO?
One lot of 44 shares — ₹14,916 at the upper price band of ₹339.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2026-09-17 on NSE / BSE.