IPO

IPO Synopsis

Manipal Payment and Identity Solutions Ltd
Registered Office: Udayavani Building,Press Corner , Manipal - 576104 , Karnataka , India.
Phone : +91 820 2205 000   Fax:
Email :  investor.relations@mpimanipal.com  
Website :  https://mpimanipal.com/
Initial public offering of up to 23,746,313 equity shares of face value of Rs2 each (the "Equity Shares") of Manipal Payment and Identity Solutions Limited (Formerly Known as MCT Cards & Technology Limited) ("The Company" or the "Issuer") for cash at a price of Rs 339 per equity share (including a premium of Rs337 per equity share) (the "Offer Price") aggregating up to Rs805 Crores comprising a fresh issue of up to 9,439,528 equity shares aggregating up to Rs320 Crores (the "Fresh Issue") by the company and an offer for sale of up to 14,306,785 equity shares (the "Offered Shares") aggregating up to Rs485 Crores (the "Offer For Sale", and together with the fresh issue, the "Offer") by the promoter selling shareholder. Price Band: Rs322 to Rs339 per equity share of face value of Rs2 each. The floor price and the cap price are 161.00 times and 169.50 times the face value of the equity shares, respectively. Bids can be made for a minimum of 44 equity shares of face value of Rs2 each and in multiples of 44 equity shares of face value of Rs2 each thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-26 11-Sep-26 Rs 322.00-339.00 Rs 0.00-0.00
Minimum Application for shares in Nos :44  Further Multiples of :44
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Axis Capital Limited
Project Financed through Current Offer 780.68
Post Issue Equity Share Capital 46.36
Issue Price Rs 322.00
Projects
Capital Expenditure on Equipment General corporate purposes
Promoted By Listing At Registrar to the Issue
  Manipal Technologies Limited
 BSE
 NSE
 MUFG Intime India Pvt Ltd
Friday, September 04, 2026 12:00:00 AM
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