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Manipal Payment and Identity Solutions IPO Subscription Status

Manipal Payment and Identity Solutions IPO received bids for 1,85,12,604 shares against 1,30,60,472 offered, an overall subscription of 1.42x at the close of bidding (11 Sep 2026). Retail leads at 2.19x.

Last updated · day 3 figures

Retail
2.19x
NII
1.22x
QIB
1.26x
Total
1.42x

Manipal Payment and Identity Solutions IPO allotment chances

Approximate · day 3
Retail / Individual 2.19x
1 in 1.8 ≈ 55.9% chance per application
Based on applications vs lots
sNII ₹2–10 lakh 1.18x
1 in 1.1 ≈ 93.5% chance per application
Based on applications vs lots
bNII Above ₹10 lakh 1.24x
1 in 1 Fewer applications than lots
Based on applications vs lots

Where the demand is

Manipal Payment and Identity Solutions IPO subscription by category Each line starts at 1x (fully subscribed) and ends at the category's subscription multiple, on a logarithmic scale. Values are listed in the table below. 0.1x 1x 10x QIB QIB: 1.26x 1.26x NII NII: 1.22x 1.22x bNII bNII: 1.24x 1.24x sNII sNII: 1.18x 1.18x Retail Retail: 2.19x 2.19x Total Total: 1.42x 1.42x
Log scale. Lines run from 1x (fully subscribed): right means more demand than shares, left means shares still unbid.

Manipal Payment and Identity Solutions IPO subscription by category

Category Shares offered Shares bid Amount bid Subscription
QIB 71,23,894 89,64,164 ₹303.89 Cr 1.26x
NII 35,61,947 43,46,144 ₹147.33 Cr 1.22x
bNII above ₹10 lakh 23,74,631 29,40,828 ₹99.69 Cr 1.24x
sNII ₹2–10 lakh 11,87,316 14,05,316 ₹47.64 Cr 1.18x
Retail 23,74,631 52,02,296 ₹176.36 Cr 2.19x
Total 1,30,60,472 1,85,12,604 ₹627.58 Cr 1.42x

* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.

Application-wise breakup and allotment chances

Category Lots reserved Applications Applied Chance per application
NII 5,782 3,843 0.66x 1 in 1
bNII 3,854 883 0.23x 1 in 1
sNII 1,927 2,060 1.07x 1 in 1.1
Retail 53,968 96,464 1.79x 1 in 1.8

"All valid" means applications are fewer than the lots reserved, so every valid application should get at least one lot. When applications exceed lots, allottees are picked by computerised lottery and "1 in X" is the rough chance for one application. The real chance is usually a little better: bids below the cut-off price and invalid applications are removed before the lottery.

Manipal Payment and Identity Solutions IPO subscription day-wise

Category Day 1 Day 2 Day 3
QIB 0.00x 0.03x 1.26x
NII 0.13x 0.24x 1.22x
bNII 0.11x 0.20x 1.24x
sNII 0.18x 0.34x 1.18x
Retail 0.73x 1.22x 2.19x
Total 0.17x 0.31x 1.42x
Total added 0.17x +0.14x +1.11x

Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.

Manipal Payment and Identity Solutions IPO reservation

Category Shares Share of issue
Qualified Institutional Buyers 71,23,894 54.55%
Non-Institutional Investors 35,61,947 27.27%
bNII · above ₹10 lakh 23,74,631 67% of NII
sNII · ₹2–10 lakh 11,87,316 33% of NII
Retail Individual Investors 23,74,631 18.18%
Public issue 1,30,60,472 100%

Allotment Chances Note

These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:

  • Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
  • Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
  • Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.

Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.

Manipal Payment and Identity Solutions IPO subscription: FAQs

What is the overall subscription of Manipal Payment and Identity Solutions IPO?
Manipal Payment and Identity Solutions IPO is subscribed 1.42x overall as of day 3 (11 September 2026), with bids for 1,85,12,604 shares against 1,30,60,472 offered.
What is the retail subscription of Manipal Payment and Identity Solutions IPO?
The retail portion is subscribed 2.19x as of day 3 (11 September 2026). 96,464 retail applications have been received for 53,968 lots available.
What is the QIB and NII subscription of Manipal Payment and Identity Solutions IPO?
QIBs have subscribed 1.26x of their portion, and NIIs 1.22x (bNII 1.24x, sNII 1.18x) as of day 3 (11 September 2026).
What are the chances of getting Manipal Payment and Identity Solutions IPO allotment?
With 96,464 retail applications for 53,968 lots, roughly 1 in 1.8 retail applicants may get a lot. The actual chance is usually a little better, because bids below the cut-off price and invalid applications are rejected before the lottery.
How can I check Manipal Payment and Identity Solutions IPO subscription status live?
This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
How do I apply for Manipal Payment and Identity Solutions IPO?
Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 11 September 2026.

Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.