Manipal Payment & Identity Solutions IPO Allotment Status: Check Online via MUFG Intime, BSE & NSE

Manipal Payment & Identity Solutions IPO allotment is scheduled for Tuesday, 15 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

• Allotment date: expected to be finalised on Tuesday, 15 September 2026.
• Registrar: MUFG Intime India Pvt. Ltd. — check status there first, or via BSE/NSE.
• Listing date: tentatively set for Thursday, 17 September 2026 on both BSE and NSE.
• Price band and lot size: ₹322–₹339 per share, in lots of 44 shares.
• Issue structure: a ₹805 crore issue combining a ₹320 crore fresh issue and a ₹485 crore offer for sale by a promoter entity.
• Use of proceeds: Net proceeds from the fresh issue (after deducting issue expenses) fund ₹238.43 crore of capital expenditure on equipment, with any residual balance used for general corporate purposes; the ₹485 crore OFS portion goes entirely to the selling promoter entity, not the company.

Manipal Payment & Identity Solutions IPO: Key Details at a Glance

What Is the Manipal Payment & Identity Solutions IPO Timeline?

When Will Manipal Payment & Identity Solutions IPO Allotment Be Out?

Manipal Payment & Identity Solutions IPO bidding closes on Friday, 11 September 2026. The basis of allotment would normally be finalised the next working day under SEBI’s T+1 timeline, but since 12–13 September 2026 is a weekend and 14 September 2026 is a market holiday, the registrar is expected to finalise it on Tuesday, 15 September 2026 instead. Unblocking of blocked funds for non-allottees across ASBA and UPI payment modes and the credit of shares to allottees’ demat accounts are expected the next day, Wednesday, 16 September 2026, with listing on BSE and NSE tentatively set for Thursday, 17 September 2026.

How to Check Manipal Payment & Identity Solutions IPO Allotment Status

Method 1: Via MUFG Intime India Pvt. Ltd. (Registrar)

MUFG Intime India Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

• Visit the MUFG Intime India Pvt. Ltd. IPO allotment status page.
• Select “Manipal Payment & Identity Solutions Limited” from the company dropdown.
• Choose your verification method — PAN, Application Number, or DP/Client ID.
• Enter the details and submit to view your allotment status.

Method 2: Via BSE

• Visit the BSE Application Status Check page.
• Select “Manipal Payment & Identity Solutions Limited” as the issue name.
• Enter your Application Number and PAN.
• Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

• Visit NSE’s bid verification page.
• Complete one-time registration with your PAN if you haven’t already.
• Select “Manipal Payment & Identity Solutions Limited” and view your application status.

How Is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Manipal Payment & Identity Solutions. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII category, if oversubscribed, allotment is decided via a computerized draw of lots to allocate at least the minimum NII application lot size to as many applicants as possible, with residual shares allotted proportionately. In the QIB category, allotment remains strictly proportionate to the shares bid for.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment in the Manipal Payment & Identity Solutions IPO, the amount blocked in your bank account via ASBA or UPI is unblocked automatically by your bank; no manual refund request or action is needed. This unblocking is expected around Wednesday, 16 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts.

What Will Manipal Payment & Identity Solutions Do With the IPO Proceeds?

Manipal Payment & Identity Solutions’ IPO combines a ₹320 crore fresh issue with a ₹485 crore offer for sale, and the two pools of money go to very different places. The fresh issue proceeds go to the company: per the RHP, net proceeds of up to ₹238.43 crore (₹2,384.26 million) are earmarked for capital expenditure on equipment, with the remaining balance allocated toward general corporate purposes after deducting issue expenses. The ₹485 crore offer-for-sale portion, by contrast, doesn’t fund the company at all; it goes directly to the selling shareholder, Manipal Technologies Ltd., part of the promoter group.

Who Is Manipal Payment & Identity Solutions Limited?

Manipal Payment & Identity Solutions, headquartered in Manipal, Karnataka, is a fintech company providing payment and identity solutions, a sector that includes cards, secure identity documents, and payment technology, and is part of the wider Manipal Group. The company is promoted by members of the Pai family (Tonse Gautham Pai, T. Satish U. Pai, and Sandhya S. Pai) together with group entities Manipal Technologies Ltd., Manipal Media Network Ltd., Tridevitha Consultancy Services Pvt. Ltd., and the Tridevita Family Trust 2017. Profit after tax was ₹253.46 crore in FY2026, though it declined 10% from the prior year.

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