The allotment status for the ₹805.00 crore Manipal Payment and Identity Solutions IPO is expected to be announced today, September 15, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, MUFG Intime India Private Limited.

Following the completion of the allotment process, the shares are tentatively scheduled to be listed on the NSE and BSE on September 17, 2026.

Procedure to Check Manipal Payment and Identity Solutions IPO Allotment Status Online on NSE

Visit the NSE’s IPO allotment verification status page here.
Select “Equity & SME IPO Bid Details”.
In Select, choose “MPIMANIPAL”.
Enter your PAN No. and Application No.
Click “Submit”.

Procedure to Check Manipal Payment and Identity Solutions IPO Allotment Status Online on BSE

Click here to visit the application status page.
Under Issue Type, select “Equity”.
In Issue Name, select “Manipal Payment and Identity Solutions Limited”.
Enter your “Application No. or PAN No.”
Enter the given Captcha correctly.
Click “Submit”.

Procedure to Check Manipal Payment and Identity Solutions IPO Allotment Status on MUFG Intime India (Registrar to the issue)

Visit MUFG Intime India’s IPO allotment status page here.
In the “Select company”, choose “Manipal Payment and Identity Solutions Limited”.
Enter any of the following details:

PAN
App. No.
DP/Client ID
Account No/ IFSC

Click “Submit”.

Manipal Payment and Identity Solutions IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹805.00 crore
Fresh Issue: Up to ₹320.00 crore
Offer for Sale (OFS): Up to ₹485.00 crore
Face Value: ₹2 per equity share
Price Band: ₹322 to ₹339 per share
Lot Size: 44 shares
Minimum Investment Amount (Retail Investor): ₹14,916 (44 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: Motilal Oswal Investment Advisors Limited, Axis Capital Limited, ICICI Securities Limited, IIFL Capital Services Limited and Nuvama Wealth Management Limited
Registrar: MUFG Intime India Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Manipal Payment and Identity Solutions IPO Overall Subscription Status

[September 11, 2026, 7:00 P.M.]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	1.26x
Non-Institutional Investors (NIIs)	1.22x
Retail Individual Investors (RIIs)	2.19x
Total	1.42x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding the capital expenditure requirements of the company towards purchasing and setting up of new and secondhand equipment at

Card manufacturing facility, personalization bureau and cheque printing facility in Manipal, Karnataka
Personalization bureau and cheque printing facility in Chennai, Tamil Nadu, Noida, Uttar Pradesh, and personalization bureau in Navi Mumbai, Maharashtra
Cheque printing facilities in Navi Mumbai, Maharashtra and Howrah, West Bengal
Central cards processing centers at Chhattisgarh RTO
Smart Tagging and IoT Solutions facility in Manipal, Karnataka (“Capital Expenditure on Equipment”)

General corporate purposes.

About Manipal Payment and Identity Solutions Limited

Incorporated in 2008, Manipal Payment and Identity Solutions Limited, part of the Manipal Group, provides technology-enabled solutions across payments, identification, secure printing, smart tagging, and IoT. The company serves banks, fintech companies, NBFCs, and government institutions across India and international markets. Its offerings include payment cards, cheque solutions, NFC and QR-based payment products, payment-enabled wearables, and digital automation solutions. Its portfolio also covers identity documents such as driving licences and national ID cards, personalised print communications, secure logistics, tamper-evident packaging, RFID-based tracking systems, excise labels with encrypted QR codes, and anti-counterfeiting solutions.

In Fiscal 2026, the company accounted for an estimated 36.4% of India's credit card issuance market and 30.9% of the debit card issuance market. During the year, it billed 13.54 million credit cards and 72.66 million debit cards, highlighting its significant presence in India's payment card issuance ecosystem.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	1,326.75	1,256.07	1,247.52
EBITDA	455.83	408.76	355.57
Profit After Tax (PAT)	253.46	282.21	249.16