Manipal Payment and Identity Solutions IPO subscribed 17%
Mumbai, Sept. 9 -- The initial public offer of Manipal Payment and Identity Solutions received bids for 21,91,288 shares as against 1,30,60,472 shares on offer, according to stock exchange data at 17:00 IST on 9 September 2026. The issue was subscribed 0.17 times.
The issue opened for bidding on 9 September 2026 and will close on 11 September 2026. The price band of the IPO is fixed between Rs 322 and 339 per share. An investor can bid for a minimum of 44 equity shares and multiples thereof.
The initial public offer (IPO) consists of a fresh issue to raise Rs 320 crore. The IPO also comprises an offer for sales (OFS) of 1.43 crore equity shares to raise Rs 475-485 crore from the promoter, Manipal Technologies. The promoter shareholding ...
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