Manipal Payment & Identity Solutions IPO Subscribed 1.39x on Final Day

Manipal Payment & Identity Solutions IPO was subscribed 1.39 times by 5:06 PM on Day 3, September 11, 2026. The public issue received bids for 1,81,81,724 shares against 1,30,60,472 shares available for subscription, based on the provided subscription data.

Retail Investors led the bidding on Day 3, with their reserved portion subscribed 2.08 times. The Qualified Institutional Buyers (QIB) portion was subscribed 1.26 times, while the Non-Institutional Investors (NII) portion recorded 1.20 times subscription.

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Subscription Status of Manipal Payment & Identity Solutions IPO

Here are the subscription details for Manipal Payment & Identity Solutions IPO Day 3, as of 5:06 PM:

Key Highlights – Day 3

• Manipal Payment & Identity Solutions IPO was subscribed 1.39 times overall by 5:06 PM on Day 3.
• The Retail Investors portion led the bidding at 2.08 times.
• The QIB category was subscribed 1.26 times.
• The NII portion recorded 1.20 times subscription.

Key Highlights – Day 2

• Manipal Payment & Identity Solutions IPO was subscribed 0.31 times overall by 5:06 PM on Day 2.
• The Retail Investors portion led the bidding at 1.22 times.
• The NII portion was subscribed 0.24 times.
• The QIB category recorded 0.03 times subscription.

Key Highlights – Day 1

• Manipal Payment & Identity Solutions IPO was subscribed 0.17 times overall on Day 1.
• The Retail Investors portion led the bidding at 0.73 times.
• The NII portion was subscribed 0.13 times.
• The QIB category recorded 0.00 times subscription.

About Manipal Payment & Identity Solutions

Manipal Payment & Identity Solutions Limited, part of the Manipal Group, provides payment, identification, secure, smart tagging and IoT solutions across domestic and international markets. The company serves banks, fintechs, NBFCs and government entities, offering payment cards, identity documents, secure products and digital solutions. In FY2026, it served over 300 customers. Its operations span 10 facilities across India, supported by five Central Cards Processing Centres.