1. Completed
Mainboard
Mainboard issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
Manipal Payment & Identity Solutions Limited was started in 2008 and is part of The Manipal Group. It supplies payment products, identity documents, secure printed material and smart tagging solutions to banks, fintech companies, non-banking finance companies and governments, in India and abroad. Its payment solutions include payment cards, cheque solutions, NFC and QR code products, payment enabled wearables and digital automation. Its identification solutions include driving licences, registration certificates, national identity cards and transit management systems. Its secure solutions cover secure logistics, personalised insurance policies, premium notices, renewal letters and marketing material, along with tamper evident envelopes, holograms and coated products. It also does smart tagging and Internet of Things work and runs a coated products business. In FY2026 the company served more than 300 customers. Its payment card business alone served over 105 customers, including 18 private banks, 9 public sector banks, 10 small finance banks, 13 co-operative banks and 34 fintech companies. Its customers include State Bank of India, Canara Bank, Bank of India, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Federal Bank and City Union Bank. As on 31 March 2026 it had relationships with 60 fintech companies including Airtel Payments Bank and Scapia for making co-branded credit, debit and prepaid cards.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
Indicative only. A GMP-implied price is not a guaranteed listing price.
Subscription is shown in times subscribed. A missing multiple stays unavailable. A published zero is 0x.
Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 05 Nov 2026, 6:00 PM IST
No day-wise subscription history is loaded. Missing days are left blank and are not plotted as zero.
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 6:00 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,160.90 | 1,409.67 | 1,102.71 |
| Total Income | 1,356.59 | 1,277.11 | 1,267.97 |
| Profit After Tax | 253.46 | 282.21 | 249.17 |
| EBITDA |
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This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
RHP, DRHP, and other links that passed the official address check. Unverified addresses are left out.
Data by IPO Guru · Updated
Manipal Payment & Identity Solutions Limited, part of The Manipal Group, makes payment cards, identity documents and secure printed products for banks, fintechs and governments. In FY2026 it served over 300 customers, with its card business alone covering 18 private banks, 9 public sector banks, 10 small finance banks and 34 fintechs.
Tonse Gautham Pai, T.Satish U.Pai, Sandhya S.Pai, Manipal Technologies Ltd, Manipal Media Network Ltd, Tridevitha Consultancy Services Pvt.Ltd. and Tridevita Family Trust 2017
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
Unofficial grey-market premium in rupees. Missing observations are not connected and are not drawn as ₹0. This chart is not the listing gain.
High unavailable · Low unavailable
Tap a point for its rupee amount, percentage, and IST time. The table lists the same observations.
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 6:00 PM IST.
| Observed (IST) | GMP (₹) | GMP % | Mark |
|---|---|---|---|
| 17 Sept 2026, 8:24 AM IST | -₹6 | −1.77% | None |
No intraday GMP history is loaded. Missing slots are not filled in.
High unavailable · Low unavailable
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 6:00 PM IST.
| 455.83 |
| 408.77 |
| 355.57 |
| NET Worth | 1,107.34 | 619.70 | 405.05 |
| Reserves and Surplus | 747.43 | 262.89 | 48.25 |
| Total Borrowing | 0.42 | 472.87 | 449.47 |