Manipal Payment & Identity Solutions IPO Subscription Status

Mainboard Closed
Offer Date: Sep 9, 2026 - Sep 11, 2026
Minimum investment
₹ 14,916 44 shares
View IPO details

Data sourced from BSE & NSE · Compiled by IPO Ji · IPO subscription data last updated

Total 1.42x·QIB 1.26x·NII 1.22x·Retail 2.19x

≈ 1 in 2 retail allotmentmoderate allotment chance

Based on retail subscription by applications (1.79×), approximately 1 in 2 retail applications may receive an allotment. Final allotment is decided by the registrar’s computerised lottery.

Manipal Payment & Identity Solutions Limited Mainboard IPO was subscribed 1.42x in total when bidding closed on Sep 11, 2026, with 1.26x in the QIB category, 1.22x in NII, 2.19x in retail across BSE and NSE. The issue is oversubscribed, indicating healthy demand across investor categories. The issue ran from Sep 9, 2026 to Sep 11, 2026 at a price band of ₹322–₹339 per share. Allotment is expected to be finalised on Sep 15, 2026.

QIB1.26xNII1.22xRetail2.19xTotal1.42x1x
Times subscribed by category against the 1× fully-subscribed line (bars capped at 10×).
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Subscription Details (No. of Shares)

Category Offer Applied Times
QIBs 7123894 8964164 1.26
NIIs 3561947 4346144 1.22
BNIIs (>10L) 2374631 2940828 1.24
SNIIs (<10L) 1187316 1405316 1.18
Retail 2374631 5202208 2.19
Total 13060472 18512516 1.42
Total Applications1,00,342 approx.

Application Wise Breakup (Approx.)

Category Reserve Applied Times
BNIIs (>10L) 3,855 882 0.23
SNIIs (<10L) 1,927 2,060 1.07
Retail 53,969 96,462 1.79
Total Applications1,00,342 approx.

Subscription Details (In Crores)

Category Offered Demand Times
QIBs 241.5 303.89 1.26
FIIs - 63.90 -
DIIs - 0.00 -
Mutual Funds - 203.99 -
Others - 35.99 -
NIIs 120.75 147.33 1.22
BNIIs (>10L) 80.5 99.69 1.24
SNIIs (<10L) 40.25 47.64 1.18
Retail 80.5 176.35 2.19
TOTAL 442.75 627.57 1.42

Day-wise subscription

Total subscription trend0.17x to 1.42x+1.25x
0.00x1.42x1x0.17xDay 10.31xDay 21.42xDay 3
As on QIB
NII
bHNI
sHNI
Retail Total
Day 1
9 Sep 2026
5:00 PM
0.00x
0.13x
0.11x
0.18x
0.73x 0.17x
Day 2
10 Sep 2026
5:00 PM
0.03x
0.24x
0.20x
0.34x
1.22x 0.31x
Day 3
11 Sep 2026
5:00 PM
1.26x
1.22x
1.24x
1.18x
2.19x 1.42x

Subscription by number of applications

Anticipated subscription based on the number of applications received (an alternative to the shares-based figures above), sourced from BSE & NSE.

CategoryTimes (by applications)
bHNI0.23x
sHNI1.07x
Retail1.79x

What this means for allotment & listing

Because Manipal Payment & Identity Solutions closed oversubscribed, applicants were not guaranteed full allotment. In oversubscribed issues, shares are allotted according to the applicable category and exchange rules, so applicants are not guaranteed full allotment once an issue is oversubscribed. The number of times each category is subscribed is one indicator of demand, alongside the company's fundamentals and the broader market.

A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice. Investors should read the company's prospectus and consult a SEBI-registered adviser before making any decision.

Listed at BSE, NSE · Registrar: MUFG Intime India Pvt.Ltd. · Bidding data sourced from the BSE & NSE public-issue platforms under SEBI ICDR regulations.

IPO subscription status shows how many times an issue has been applied for, compared with the shares on offer, broken down by Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and the Retail or SME Individual Investor category. A figure of "2x" means investors applied for twice the shares available. See how IPO subscription works and track all live IPOs →

Manipal Payment & Identity Solutions IPO subscription FAQs

Manipal Payment & Identity Solutions Limited IPO was subscribed 1.42x at close on Sep 11, 2026, with 1.26x in QIB, 1.22x in NII, 2.19x in retail.

Yes. Manipal Payment & Identity Solutions IPO was subscribed 1.42x, meaning investors applied for 1.42x the number of shares on offer.

Based on retail subscription by applications (about 1.79x), approximately 1 in 2 retail applications may receive an allotment. This is an estimate — the final allotment is decided by the registrar's computerised lottery, and the odds can change while bidding is open.

The Manipal Payment & Identity Solutions IPO allotment is expected to be finalised on Sep 15, 2026. You can check your allotment status by PAN or application number on the registrar's website or on IPO Ji once it is published.

Manipal Payment & Identity Solutions IPO has a price band of ₹322–₹339 per share, with a minimum retail application of ₹14,916 for 44 shares.

It means investors have applied for X times the number of shares the company is offering. For example, 5x means demand was five times the shares available. A figure above 1x is called oversubscription; below 1x is undersubscription.

No. The higher an issue is oversubscribed, the lower each applicant’s chance of allotment. In oversubscribed retail categories, shares are allotted by a computerised lottery, so every valid applicant has an equal chance regardless of how many lots they applied for.

QIB (Qualified Institutional Buyers) are large institutions like banks, mutual funds and insurers. NII (Non-Institutional Investors) are high-net-worth individuals and bodies applying above ₹2 lakh. Retail individual investors apply up to ₹2 lakh. Each category has a reserved portion of the issue.

IPO Ji updates subscription figures through the bidding day using data sourced from BSE and NSE. The "Last updated" time shown on the page reflects the most recent refresh.

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