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Manipal Payment and Identity Solutions Ltd

Registered Office : Udayavani Building,Press Corner,Manipal Karnataka 576104 Phone : +91 820 2205 000
Fax :

Email : investor.relations@mpimanipal.com

Website : https://mpimanipal.com/

Initial public offering of 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 to Rs. 805 Crores comprising a fresh issue of 9,439,528 equity shares aggregating to Rs. 320 Crores (the "Fresh Issue") by the company and an offer for sale of 14,306,785 equity shares (the "Offered Shares") aggregating to Rs. 485 Crores (the "Offer For Sale", and together with the fresh issue, the "Offer") by the promoter selling shareholder. Price Band: Rs. 339 per equity share of face value of Rs. 2 each. The floor price 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

Opens On

Closes On

09-Sep-2026

11-Sep-2026

Money Payable On

Application

Allotment

339.00

0.00

Minimum Application for shares in Nos : 44.0 Further Multiples of : 44.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

295.32

805.00

46.36

339.00

Axis Capital Limited

ICICI Securities Limited

IIFL Capital Services Limited

Motilal Oswal Investment Advisors Limited

Nuvama Wealth Management Limited

Projects

Capital Expenditure on Equipment

General corporate purposes

Promoted By

Manipal Technologies Limited

Listing At

Registrar to the Issue

MUFG Intime India Pvt Ltd