Manipal Payment and Identity Solutions IPO: How to check allotment status online on NSE, BSE, MUFG

The basis of allotment for Manipal Payment and Identity Solutions is expected to be finalised on Tuesday, September 15. The bid finalisation details will be out on the websites of the National Stock Exchange (NSE), the BSE and MUFG Intime India.

The initial public offering (IPO) of Manipal Payment Services ended with a total subscription of 1.42 times, with bids received for 1.85 crore shares against 1.31 crore shares on offer, according to exchange data.

The non-institutional investor (NII) category was subscribed 1.22 times, while the retail individual investor (RII) segment saw 2.19 times subscriptions. However, the Qualified Institutional Buyers (QIB) was booked 1.26 times.

Manipal Payment IPO details

The IPO was a book-building issue, comprising an offer for sale of 1.43 crore shares worth ₹485 crore and a fresh issue of ₹320 crore. Its price band was between ₹322 and ₹339 per share. For retail investors, the Manipal Payment IPO lot size was 44 shares, with a minimum investment of ₹14,916 per lot.

Ahead of its IPO, Manipal Payment and Identity Solutions Ltd had raised ₹362.25 crore from anchor investors. The company has allotted 1.07 equity shares to anchor investors at ₹339 per share, the upper end of the IPO price band, according to a circular uploaded on stock exchanges.

Steps to check Manipal Payment and Identity Solutions IPO allotment status on NSE

• Visit the NSE IPO allotment status page at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

• Chose ‘Equity & SME IPO bid details’

• Select ‘Manipal Payment and Identity Solutions’ from the list of IPO names.

• Enter your application number and PAN details.

• Click ‘Submit’ to view the status of your IPO allotment.

Steps to check Manipal Payment and Identity Solutions IPO allotment status BSE

• Visit the BSE IPO allotment status page: https://www.bseindia.com/investors/appli_check.aspx

• Select ‘Manipal Payment and Identity Solutions’ as the issue type.

• From the dropdown menu, select ‘Manipal Payment and Identity Solutions’. Identify yourself using either PAN details or the IPO application number.

• Click on the ‘I’m not a robot’ tab and press the ‘Search’ button to see the allotment details.

Manipal Payment and Identity Solutions IPO allotment status online on MUFG Intime India

• Head to this page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

• Select ‘Manipal Payment and Identity Solutions’ from the public offers

• Add: PAN, Application No, Account No/IFSC or DP/Client ID

• Click on the 'Submit' button

About the company

Incorporated in 2008, Manipal Payment offers different financial products and services to banks, fintechs, NBFCs and government organisations worldwide. The company primarily provides payments and identification solutions, and secure and smart tagging/IoT solutions for financial institutions.

The stock will be listed on the stock exchanges on September 17.