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Manipal Payment And Identity Solutions Ipo


Manipal Payment & Identity Solutions IPO Review & Key Points

  • Review:

IPO Lead Managers aka Merchant Bankers

  • Motilal Oswal Investment Advisors Limited

  • Axis Capital Limited

  • ICICI Securities Limited

  • IIFL Capital Services Limited

  • Nuvama Wealth Management Limited

ApplicationLot SizeSharesAmount
Retail Minimum₹-
Retail Maximum₹-
S-HNI Minimum₹-
S-HNI Maximum₹-
B-HNI Minimum₹-

Investor CategoryShare Offered-% Shares
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares75%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares10%

Anchor Bidding Date2026
Anchor Investors List
Shares Offered[.] Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days) 2026
lock-in period end date 50% shares (90 Days) 2026

IPO Open Date:2026
IPO Close Date:2026
Basis of Allotment:2026
Refunds:2026
Credit to Demat Account:2026
IPO Listing Date:2026
IPO Bidding Cut-off Time:2026 – 5 PM

ParticularShares% Share
Promoter Holding Pre Issue62.10%
Promoter Holding Post Issue-%

PurposeCrores
Capital Expenditure on Equipment₹287.14
General Corporate Purpose₹-

Period EndedRevenueExpensePATAssets
2023₹920.48₹788.94₹117.67₹613.45
2024₹1267.97₹967.63₹249.17₹1,102.71
2025₹1277.11₹1032.65₹282.21₹1,409.67
June 2025₹292.67₹244.92₹33.93₹863.49

KPIValues
ROE:55.08%
ROCE:33.97%
EBITDA Margin:32.01%
PAT Margin:22.10%
Debt to equity ratio:
Earning Per Share (EPS):₹13.65 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):45.54%
Net Asset Value (NAV):₹29.68

CompanyEPSPE RatioRoNW %NAVIncome
Seshaasai Technologies Limited15.0624.8233.20%45.371,463.15 Cr.

IPO Open Date2026
IPO Close Date2026
Face Value₹2 Per Equity Share
IPO Price Band₹[.] to ₹[.] Per Share
Issue SizeApprox ₹[.] Crores
Fresh IssueApprox ₹400 Crores
Offer for Sale:Approx 17,500,000 Equity Shares
Issue TypeBook Build Issue
IPO ListingBSE, NSE
DRHP Draft Prospectus
RHP Draft Prospectus

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