Manipal Payment & Identity Solutions IPO Subscription Status Day 3: Issue Subscribed 1.42 Times

Mumbai, September 11: The Manipal Payment & Identity Solutions IPO saw bidding pick up on the final day of the issue, taking the overall subscription to 1.42 times by 5:07:51 PM on September 11, 2026. The ₹805 crore book-built IPO comprises a fresh issue of 94.40 lakh shares aggregating to ₹320 crore and an offer for sale of 1.43 crore shares worth ₹485 crore.

The IPO opened for subscription on September 9 and will close on September 11, 2026. The price band has been fixed at ₹322 to ₹339 per share.

Manipal Payment & Identity Solutions IPO Day 3 Subscription Status

The Manipal Payment & Identity Solutions IPO was subscribed 1.42 times overall by 5:07:51 PM on September 11, 2026, based on the shares offered across investor categories.

The Retail category recorded the highest subscription at 2.19 times. The QIB portion, excluding the anchor allocation, was subscribed 1.26 times, while the NII segment stood at 1.22 times.

The IPO had received 99,915 applications as of the same snapshot.

Category-wise Manipal Payment & Identity Solutions IPO Subscription Status

The Retail category received bids for 52,01,988 shares against 23,74,631 shares offered, taking the subscription to 2.19 times. The QIB segment, excluding the anchor portion, attracted bids for 89,64,164 shares against 71,23,894 shares available, resulting in a subscription of 1.26 times.

The NII category received bids for 43,46,144 shares against 35,61,947 shares offered, taking the subscription to 1.22 times. Within the segment, applications above ₹10 lakh were subscribed 1.24 times, while applications below ₹10 lakh recorded a subscription of 1.18 times.

Manipal Payment & Identity Solutions Day-Wise Subscription Summary

The IPO started with an overall subscription of 0.17 times on Day 1. The figure moved to 0.31 times on Day 2 before reaching 1.42 times on the final day. By 5:07:51 PM on September 11, the Retail portion had crossed two times, while both the QIB and NII categories had moved above the one-times mark.

Manipal Payment & Identity Solutions IPO Timeline

Brief Overview Of The IPO

Manipal Payment & Identity Solutions is raising ₹805 crore through the IPO. The issue comprises a fresh issue of 94.40 lakh shares aggregating to ₹320 crore and an offer for sale of 1.43 crore shares aggregating to ₹485 crore.

The price band has been fixed at ₹322 to ₹339 per share, with a face value of ₹2 per share. The lot size is 44 shares. Retail investors can apply for a minimum of one lot, requiring an investment of ₹14,916 at the upper end of the price band.

The IPO opened on September 9, 2026, and closes on September 11, 2026. The shares are proposed to be listed on the BSE and NSE on September 17, 2026. Motilal Oswal Investment Advisors Ltd. is the book running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=MPIMANIPAL&series=EQ&type=Active