Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
Manipal Payment and Identity Solutions Limited provides payment, identification, secure, and smart tagging and IoT solutions to banks, fintech companies, non-banking finance companies and government customers in India and overseas. Its payment solutions include payment cards, cheque solutions, NFC/QR products, payment-enabled wearables and digital automation solutions. Its identification solutions include driving licences, registration certificates, national identity cards and transit-management solutions. The company also provides secure logistics, insurance-policy personalisation, security-enhanced packaging, holograms and coated products. Its smart tagging and IoT offerings include excise labels with encrypted QR codes, RFID-based track-and-trace solutions and anti-counterfeiting solutions.
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 71,23,895 (54.55%) | 58,61,460 | 0.82 |
| NII | 35,61,946 (27.27%) | 20,30,116 | 0.57 |
| bNII (> ₹10L) | 23,74,631 (18.18%) | 10,13,012 | 0.43 |
| sNII (< ₹10L) | 11,87,315 (9.09%) | 10,17,104 | 0.86 |
| Retail | 23,74,631 (18.18%) | 34,96,592 | 1.47 |
| Total | 1,30,60,472 (100.00%) | 1,13,88,168 | 0.87 |
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 26-06-2026 | ₹113 | ₹4 | ₹117 ( 3.54% ) | ₹164.00 | 29-Jun-2026 02:48 PM |
A quick overview of the key Financial Performance of Manipal Payment and Identity Solutions Limited.
*All values are in Rs. Cr
Revenue increased by 6%, Profit after Tax (PAT) decreased by 10%, Total Assets decreased by 18% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 1,247.52 | 1,256.07 | 1,326.75 |
| Assets | 1,102.71 | 1,409.67 | 1,160.90 |
| Total Income | 1,267.97 | 1,277.11 | 1,356.59 |
| Profit After Tax | 249.17 | 282.21 | 253.46 |
| EBITDA | 355.57 | 408.77 | 455.83 |
| Net Worth | 405.05 | 619.70 | 1,105.38 |
| Reserves & Surplus | 48.25 | 262.89 | 747.43 |
| Total Borrowings | 449.47 | 472.87 | 0.42 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 41 | ₹ 3,198 |
| Retail (Max) | 62 | 2,542 | ₹ 1,98,276 |
| S-HNI (Min) | 63 | 2,583 | ₹ 2,01,474 |
| S-HNI (Max) | 312 | 12,792 | ₹ 9,97,776 |
| B-HNI (Min) | 313 | 12,833 | ₹ 10,00,974 |
| KPI | Latest |
|---|---|
| ROE (%) | 29.35 |
| ROCE (%) | 32.69 |
| Debt / Equity | 0 |
| RoNW (%) | 22.93 |
| PAT Margin (%) | 18.68 |
| EBITDA Margin (%) | 33.6 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
11.26
-
|
| P/E (x) |
-
-
|
| Promoter Holding (%) |
61.55
-
|
