Manipal Payment & Identity Solutions Limited
ListedMainboardTechnology & Financial Services · NSE / BSE
Manipal Payment and Identity Solutions Ltd (MPISL) is India’s largest banking and smart card manufacturer, offering end-to-end card services that cover design, production, personalization, and secure delivery for clients including banks and government agencies. The company has expanded its operations globally across the United Kingdom, Europe, Asia-Pacific, and the Middle East and Africa regions, supported by a strong infrastructure of 10 modern manufacturing facilities and 19 units spread across 11 cities, enabling it to serve large-scale domestic and international requirements efficiently.
Price Band
₹322 – ₹339
Issue Size
₹2374.63 L Cr
Lot Size
44 shares
GMP
₹6
-1.8%
Est. Listing
₹333
at current GMP
Subscribed
1.42x
overall
Open
9 Sep 2026
Close
11 Sep 2026
Allotment
15 Sep 2026
Refund
16 Sep 2026
Demat Credit
17 Sep 2026
Listing
17 Sep 2026
Last updated 11 days ago
Live Grey Market Premium
Manipal Payment & Identity Solutions Limited GMP Today
Last updated: 17 Sept 2026
Current Premium
₹-6-1.8%
Issue Price (Upper)
₹339
Band: ₹322 – ₹339
Estimated Listing Price
₹333
Upper price + GMP
Lot Size
44 shares
Min investment ₹14,916
Estimated Profit / Lot
₹0
44 × ₹-6
Manipal Payment & Identity Solutions Limited GMP Historical Trend
GMP History
Grey Market Premium trend
-₹6
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | -₹6 | -1.8% | ₹333 |
| 26 Sep 2026 | -₹6 | -1.8% | ₹333 |
| 25 Sep 2026 | — | -1.6% | ₹334 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Manipal Payment & Identity Solutions Limited Public Issue & Market Profile
Manipal Payment & Identity Solutions Limited is bringing an initial public offering (IPO) in the Technology & Financial Services sector with an aggregate issue size of ₹2,37,46,313 Crores. The shares are offered at a price band of ₹322 to ₹339 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 44 shares (approx. ₹14,916 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-17, while un-allotted funds or UPI block mandates will be released on 2026-09-16.
Frequently Asked Questions
What is Manipal Payment & Identity Solutions Limited IPO GMP today?
The latest grey market premium for Manipal Payment & Identity Solutions Limited IPO is ₹-6, which indicates an expected listing price of ₹333.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.