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Manipal Payment & Identity Solutions IPO Allotment Status

Written by: Team Angel OneUpdated on: 11 Sept 2026, 9:51 pm IST
Manipal Payment & Identity Solutions Limited’s ₹805 crore IPO closes for subscription today, September 11, 2026. The basis of allotment is expected to be finalised on September 15, 2026, and the shares are tentatively scheduled to list on the BSE and NSE on September 17, 2026.
Manipal Payment & Identity Solutions
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Manipal Payment & Identity Solutions Limited is a book-built mainboard IPO with a total issue size of ₹805 crore. The issue comprises a fresh issue of equity shares worth ₹320 crore and an offer for sale (OFS) of equity shares worth ₹485 crore. 

The Manipal Payment & Identity Solutions IPO opened for bidding on September 9, 2026, and closes today, September 11, 2026. The basis of allotment is expected to be finalised on September 15, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on September 16, 2026, ahead of the proposed listing on the BSE and NSE on September 17, 2026. 

The IPO has a price band of ₹322–₹339 per equity share and a lot size of 44 shares. At the upper price band, retail investors need a minimum investment of ₹14,916 for one lot. 

Investors can check Manipal Payment & Identity Solutions IPO allotment status after the basis of allotment is finalised through MUFG Intime India, the registrar to the issue, or through the BSE and NSE websites. 

How to Check Manipal Payment & Identity Solutions IPO Allotment Status Online on NSE? 

  • Go to the NSE IPO bid verification and application-status page.
  • Select the Equity IPO bid-verification or application-status option.
  • Choose “Manipal Payment and Identity Solutions Limited” from the available issue-name dropdown once the allotment status is published.
  • Enter your PAN, application number or other requested information.
  • Complete the required verification.
  • Click on Submit to view your IPO application and allotment status. 

How to Check Manipal Payment & Identity Solutions IPO Allotment Status Online on BSE? 

  • Visit the BSE IPO application-status page.
  • Select “Equity” under Issue Type.
  • Choose “Manipal Payment and Identity Solutions Limited” from the Issue Name dropdown.
  • Enter your PAN or application number.
  • Complete the captcha verification, where applicable.
  • Click on Search or Submit to view the allotment result. 

How to Check Manipal Payment & Identity Solutions IPO Allotment Status on the Registrar’s Website? 

  • Visit the official MUFG Intime India IPO allotment-status website.
  • Select “Manipal Payment and Identity Solutions Limited” from the available IPO dropdown after the basis of allotment is published.
  • Choose PAN, application number or DP ID/Client ID as the verification method.
  • Enter the requested details.
  • Complete the captcha verification.
  • Click on Submit or Search to check the allotment result. 

Manipal Payment & Identity Solutions IPO Details 

Manipal Payment & Identity Solutions’ ₹805 crore IPO consists of a ₹320 crore fresh issue and a ₹485 crore offer for sale. The face value of each equity share is ₹2. The fresh-issue proceeds will accrue to the company, while the offer-for-sale proceeds will go to the selling shareholders. 

The IPO opened on September 9, 2026, and closes on September 11, 2026. The basis of allotment is expected on September 15, 2026, refunds and demat credits are expected on September 16, 2026, and the shares are proposed to list on the BSE and NSE on September 17, 2026. 

The minimum retail application comprises one lot of 44 shares, requiring ₹14,916 at the upper price band. Retail investors can apply for up to 13 lots, or 572 shares, involving an investment of ₹1,94,908. 

Allocation Quota for Manipal Payment & Identity Solutions IPO 

Investor Category Shares % of Total Issue Max Allottees 
QIB 1,78,09,735 75.00% NA 
 – Anchor Investor 1,06,85,841 45.00% NA 
 – QIB (Ex. Anchor) 71,23,894 30.00% NA 
NII (HNI) 35,61,947 15.00% NA 
 – bNII > ₹10L 23,74,631 10.00% 3,854 
 – sNII < ₹10L 11,87,316 5.00% 1,927 
Retail 23,74,631 10.00% 53,968 
Total 2,37,46,313 100.00%  

Note: The final category-wise allocation can change after anchor allocation, bid revisions, rounding and other issue-specific adjustments. The final basis of allotment published by MUFG Intime India will be definitive. 

Manipal Payment & Identity Solutions IPO – Overall Subscription Status 

As of 11:14 AM on September 11, 2026, Manipal Payment & Identity Solutions IPO was subscribed 0.38 times overall. The retail category was subscribed 1.49 times, the non-institutional investor category was subscribed 0.33 times and the QIB category was subscribed 0.03 times. These are intraday figures and may change after the issue closes and exchanges complete final reconciliation. 

Category Subscription (x) Shares Offered* Shares bid for Total Amt* (₹ Crore) 
Anchor 1 1,06,85,841 1,06,85,841 362.250 
QIB (Ex Anchor) 1.26 71,23,894 89,64,164 303.885 
NII 1.21 35,61,947 43,25,288 146.627 
bNII (> ₹10L) 1.24 23,74,631 29,40,828 99.694 
sNII (< ₹10L) 1.17 11,87,316 13,84,460 46.933 
Retail 2.12 23,74,631 50,31,620 170.572 
Total ** 1.40 1,30,60,472 1,83,21,072 621.084 

Total Applications Received: 96,873 

Note: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range. 

Read More: Rays of Belief Share Price: Stock Lists at Flat Price on NSE! 

Manipal Payment & Identity Solutions Business Overview 

Manipal Payment & Identity Solutions provides secure payment, identity and personalisation solutions. Its products and services include payment cards, SIM cards, identification and smart-card solutions, secure-document offerings and related technology-enabled services for banks, telecom companies, government entities and enterprises. 

The fresh-issue proceeds are intended for the company’s stated business requirements and corporate purposes, while proceeds from the offer for sale will be received by the selling shareholders. Investors should review the red herring prospectus for the exact use of proceeds, customer concentration, raw-material exposure, technology and data-security risks, financial performance and valuation before investing. 

Manipal Payment & Identity Solutions IPO allotment status is expected to be available on September 15, 2026, after approval of the basis of allotment. Investors should check MUFG Intime India, BSE or NSE using their PAN, application number or DP ID/Client ID. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing. 

Published on: Sep 11, 2026, 4:21 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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