Manipal Payment and Identity Solutions IPO listing: listed at ₹330, −2.7% under the issue price

Manipal Payment and Identity Solutions listed on NSE, BSE on 17 Sep 2026 at ₹330 per share, −₹9 (−2.7%) against the upper price band of ₹339. The issue (price band ₹322 – ₹339, bidding 9 Sep 2026 to 11 Sep 2026) was subscribed 1.42x overall. The last grey-market premium we ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​​⁠⁠​​​⁠⁠​​​​⁠⁠​⁠⁠⁠​​⁠⁠⁠​​⁠​⁠⁠​⁠​​⁠​⁠⁠​⁠​​⁠captured before listing was ₹1 on 15 Sep 2026 (daily average of 5 quotes), which implied a listing price of ₹340; the shares listed at ₹330, ₹10 below that.

Updated 6 Oct 2026, 19:02 IST. Dated dealer references.

Listing day facts

Manipal Payment and Identity Solutions IPO listing, as recorded on 17 Sep 2026
Listing date17 Sep 2026
ExchangeNSE, BSE
Listing price₹330
Upper price band (issue price basis)₹339
Gain or loss vs upper band−₹9 per share (−2.7%)
Price band₹322 – ₹339
Issue dates9 Sep 2026 to 11 Sep 2026
Subscription (overall, at close)1.42x, as of 11 Sep 2026
Lot size44 shares
Gain or loss per lot vs upper band−₹396

Grey-market premium against the actual listing

The last grey-market premium we captured before listing was ₹1 on 15 Sep 2026 (daily average ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​​⁠⁠​​​⁠⁠​​​​⁠⁠​⁠⁠⁠​​⁠⁠⁠​​⁠​⁠⁠​⁠​​⁠​⁠⁠​⁠​​⁠of 5 quotes), which implied a listing price of ₹340; the shares listed at ₹330, ₹10 below that.

Manipal Payment and Identity Solutions IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹330 on 17 Sep 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
4 Sep 2026₹29₹368−₹38 (−10.3%)1
5 Sep 2026₹30₹369−₹39 (−10.6%)26
6 Sep 2026₹29₹368−₹38 (−10.3%)18
7 Sep 2026₹33₹372−₹42 (−11.3%)9
8 Sep 2026₹37₹376−₹46 (−12.2%)9
9 Sep 2026₹25₹364−₹34 (−9.3%)10
10 Sep 2026₹7₹346−₹16 (−4.6%)10
11 Sep 2026₹3₹342−₹12 (−3.5%)9
12 Sep 2026₹1₹340−₹10 (−2.9%)11
13 Sep 2026₹1₹340−₹10 (−2.9%)8
14 Sep 2026₹1₹340−₹10 (−2.9%)5
15 Sep 2026₹1₹340−₹10 (−2.9%)5

GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​​⁠⁠​​​⁠⁠​​​​⁠⁠​⁠⁠⁠​​⁠⁠⁠​​⁠​⁠⁠​⁠​​⁠​⁠⁠​⁠​​⁠by day. Only the price band and the exchange listing price are official.

Frequently asked questions

What was the Manipal Payment and Identity Solutions IPO listing price?

Manipal Payment and Identity Solutions listed on NSE, BSE on 17 Sep 2026 at ₹330 per share.

How did Manipal Payment and Identity Solutions list against the issue price?

The listing price of ₹330 was −₹9 per share (−2.7%) against the upper price band of ₹339.

What did the grey market indicate before Manipal Payment and Identity Solutions listed?

The last grey-market premium we captured before listing was ₹1 on 15 Sep 2026 (daily average of 5 quotes), which implied a listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​​⁠⁠​​​⁠⁠​​​​⁠⁠​⁠⁠⁠​​⁠⁠⁠​​⁠​⁠⁠​⁠​​⁠​⁠⁠​⁠​​⁠price of ₹340; the shares listed at ₹330, ₹10 below that. GMP is unofficial and not a forecast.

Where do Manipal Payment and Identity Solutions shares trade now?

On NSE, BSE. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.

Manipal Payment and Identity Solutions IPO overview · GMP history · Subscription status · Allotment status · Manipal Payment & Identity Solutions Ltd (Manipal Cards) before listing: unlisted price history · Recently listed: how unlisted holders fared

Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠⁠⁠​⁠⁠​​​⁠⁠​⁠​​⁠⁠​​​⁠⁠​​​​⁠⁠​⁠⁠⁠​​⁠⁠⁠​​⁠​⁠⁠​⁠​​⁠​⁠⁠​⁠​​⁠unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Manipal Payment and Identity Solutions IPO Listing