IPO Synopsis
| Manipal Payment and Identity Solutions Ltd |
|---|
| Registered Office: Udayavani Building,Press Corner,Manipal-576104, Karnataka |
| Tel. No: +91 820 2205 000 |
| Fax No: NA |
| Email: investor.relations@mpimanipal.com |
| Website: https://mpimanipal.com/ |
| Initial public offering of up to 23,746,313 equity shares of face value of Rs. 2 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 Rs. 337 per equity share) (the "Offer Price") aggregating up to Rs. 805 Crores comprising a fresh issue of up to 9,439,528 equity shares aggregating up to Rs. 320 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 Rs. 485 Crores (the "Offer For Sale", and together with the fresh issue, the "Offer") by the promoter selling shareholder. Price Band: Rs. 322 to Rs. 339 per equity share of face value of Rs. 2 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 Rs. 2 each and in multiples of 44 equity shares of face value of Rs. 2 each thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 09-Sep-2026 | 11-Sep-2026 | ₹322.00 - 339.00 | |
| Minimum Application for shares in Nos : 44.0 | Further Multiples of :44.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Axis Capital Limited |
| Project Financed through Current Offer | 780.68 | ICICI Securities Limited |
| Post Issue Equity Share Capital | 46.36 | IIFL Capital Services Limited |
| Issue Price | 322.00 | Motilal Oswal Investment Advisors Limited |
| Projects |
|---|
| Capital Expenditure on Equipment |
| General corporate purposes |
| Promoted By |
|---|
| Manipal Technologies Limited |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
| MUFG Intime India Pvt Ltd |
