Manipal Payment & Identity Solutions Ltd (Manipal Cards) Unlisted Share Price

The minimum lot is 30 share(s); at the indicative price of about ₹385, that is approximately ₹11,550. Indicative reference, not a quote.

As of 16 July 2026, the indicative unlisted share price of Manipal Payment & Identity Solutions Ltd (Manipal Cards) is ₹385 per share. This is an over-the-counter reference price, not a stock-exchange quote.

MPISL, part of the Manipal Group, manufactures and supplies secure payment and identity products. Its offerings include EMV-compliant banking cards (debit, credit and prepaid), government identity documents such as Aadhaar and driving-licence cards, transit and access cards, and card personalisation and fulfilment services. It operates on a business-to-business model serving banks, government agencies, fintech firms and transit operators.

No. As of this record, the company is unlisted and its shares are not traded on the NSE or BSE. It filed a confidential draft red herring prospectus in June 2025 in connection with a proposed public offering; a listing would occur only if and when an IPO is completed.

Unlisted shares are transacted privately rather than on a stock exchange. You can contact the Unlisted Axis team for current information on availability, indicative pricing and the transfer process. This is general information only and not investment advice; please conduct your own due diligence.

Unlisted and pre-IPO shares carry higher risk and lower liquidity than listed equity. Prices are indicative and may be infrequent or hard to verify, exit options can be limited, and a future listing is not guaranteed. Disclosures are typically less frequent than for listed companies. Consider these factors and seek independent professional guidance before transacting.

They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.

After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.

Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.

Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.

An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.

Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.

Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.