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Manipal Payment & Data Solutions Ltd. IPO

Listed

NSE, BSE · MAINBOARD · Registrar: KFin Technologies

IPO Details

Price Band₹322 – ₹339
Lot Size44 shares
Min Investment₹14,916
Issue Size₹805.00 Cr
Open Date9 Sep 2026
Close Date11 Sep 2026
Listing Date18 Sep 2026
RegistrarKFin Technologies
ExchangeNSE, BSE
Listing Price₹339
Listing Gain+0.00%

About Manipal Payment & Data Solutions Ltd.

Manipal Payment & Data Solutions Ltd. is a subsidiary of the Manipal Group, specializing in secure document printing, digital payment infrastructure, and data management services. The company prints security-sensitive documents including cheque books, passbooks, and certificates for major Indian banks. Manipal also provides card personalization, digital payment gateway services, and enterprise data processing solutions to BFSI clients across India.

Lead Manager

Axis Capital, CLSA India

Promoter Holding (Post-Issue)

70%

5-Point Technical Gauge

Institutional Quant Model
BALANCED / NEUTRAL

Mixed indicators; evaluate company fundamentals in RHP

GMP Demand
+0.0% (₹0)
Gauge Score
50 / 100 Rating

Educational quantitative model based on indicative GMP and subscription data. Not investment advice or a trade recommendation.

Factors to Consider Before Applying in IPO

4 / 5 Passed

Valuation Attractiveness

P/E is in-line or attractive vs listed industry peers

GMP Listing Premium

Current GMP indicates healthy estimated listing gain

Institutional Demand

QIB & Anchor allocation well-subscribed by tier-1 funds

Financial Growth Record

Positive revenue growth; operating margins moderate

Regulatory DRHP Review

No promoter share pledging; clean statutory audit report

Educational due diligence checklist. Not investment advice or a trade recommendation. Always read the complete RHP filed with SEBI.

Subscription Status

Day-wise

Day 1
0.40x
Day 2
0.90x
Day 3
1.85x

Category-wise

QIBQualified Institutional
2.10x
NIINon-Institutional (HNI)
1.40x
RIIRetail Individual
1.95x

How to Apply

  1. Open your broker app

    Use Zerodha, Groww, Upstox, or Dhan. Go to the IPO section.

  2. Select this IPO

    Search for "Manipal Payment & Data Solutions Ltd." in the open IPOs list.

  3. Enter lot quantity

    Minimum 1 lot = 44 shares. Apply at cutoff price for best allotment chances.

  4. Enter your UPI ID

    Your UPI ID will receive a mandate request. The amount is blocked, not debited.

  5. Approve UPI mandate

    Open your bank UPI app and approve the mandate within 30 minutes.

  6. Wait for allotment

    Allotment happens within 6 business days. Check status on the registrar website.

Regulatory Notice & Non-Advisory Mandate

Zero-Advisory

The FinBasis — Institutional-style market intelligence and IPO analytics for Indian investors. For educational and informational purposes only. Not investment advice. We are NOT a SEBI-registered Investment Adviser or Research Analyst. No content published on this platform constitutes a recommendation, buy/sell call, or financial advice.

Grey Market Premium (GMP) Notice: Grey Market Premium (GMP) – unofficial market estimate. Indicative premium based on grey market data. Not regulated by SEBI. Grey market trades operate outside regulated stock exchanges (NSE/BSE) without clearing corporation protection. Always conduct independent due diligence using the official Red Herring Prospectus (RHP).

Securities investments are subject to market risks. Please read all scheme and offer documents carefully and consult a qualified, registered financial adviser before making any investment decision.