Manipal Payment Sets IPO Price Band at Rs 322-339 Per Share

6 Sept 2026, 11:01 am · 6d ago · 1 min read · YourStory

Amount

Rs 805 Cr

Stage

IPO

Manipal Payment and Identity Solutions Ltd has fixed a price band of Rs 322-339 per share for its Rs 805-crore initial public offering opening on September 9. The offering includes a fresh issue of Rs 320 crore and an offer for sale worth Rs 485 crore by promoter Manipal Technologies. Bidding closes on September 11, with anchor allocation on September 8. At the upper band, the company is valued at roughly Rs 7,858 crore. Proceeds will fund new and pre-owned equipment across facilities in Manipal, Chennai, Navi Mumbai, and Chhattisgarh.