listed · IPO · BSE/NSE · listed 17 September 2026
Manipal Payment and Identity Solutions Limited
Raised ₹805.00 Cr at ₹339 per share.
+2.0%
listing-day move
Price band
₹322 – ₹339
Issue price
₹339
Issue size
₹805.00 Cr
Listing-day close
₹345.75
Return since listing
+0.69%
Company research
Tijori FinanceManipal Payment and Identity Solutions Ltd. is a leading Indian provider of payment cards, identity solutions and secure logistics, serving banks, fintechs, governments and insurers with end-to-end manufacturing, personalization and delivery services.
Financials — ₹ crore
| Period | Revenue | PAT | Debt |
|---|---|---|---|
| Mar 2024 | 1,029.17 Cr | 182.91 Cr | 449.47 Cr |
| Mar 2025 | 1,256.07 Cr | 282.21 Cr | 472.87 Cr |
| Mar 2026 | 1,326.75 Cr | 253.46 Cr | 0.42 Cr |
Revenue mix
Cards- Manufactured and traded
57%
Tax stamps, Holograms, Thermal and RFID products
14%
Cheque books, collaterals and identity cards
9.1%
Personalization of Cards
3.8%
Others
16%
Peer comparison
Company Mkt cap Revenue P/E P/B
MPIMANIPAL 8,015 1,326 Cr 31.62 10.12
STYL 5,848 1,441 Cr 22.46 4.15
Exchange filings
Fields captured from NSE and BSEIssue information
- Symbol
- MPIMANIPAL
- Issue period
- 2026-09-09 to 2026-09-11
- Price range
- Rs.322 to Rs.339
- Red Herring Prospectus
- https://www.bseindia.com/downloads/ipo/306237/IPO%20Open/RHP_20260907201013.pdf
Documents
Data sources: BSE , BSE , MONEYCONTROL , NSE , YAHOO , NSE , NSE . Data quality clean.