Books show 1.42x total subscription (QIB 1.26x, NII 1.22x, retail 2.19x). Retail is doing the heavy lifting here while institutional books stay thin — premiums built on retail-only heat fade faster into close day. This issue has already listed — compare the debut against the premium trail above to judge how honest the street signal was.
Unofficial street quote — treat as sentiment alongside subscription breadth and fundamentals, never as a promised listing price.
Grey Market Premium is an unofficial, off-exchange quote. SEBI does not recognise grey-market trading; the actual listing price is decided by order-book demand on debut day.
| Price Band | ₹322 - ₹339 |
|---|---|
| Lot Size | 44 shares |
| Issue Size | ₹805 Cr |
| Opening Date | 09 Sep 2026 |
| Closing Date | 11 Sep 2026 |
| Listing Date | 17 Sep 2026 |
| Subscription | 1.42x |
The latest unofficial grey market premium for Manipal Payment & Identity Solutions (Manipal Cards) IPO is not yet available. This page updates automatically through the bidding window.
GMP is re-quoted through the bidding window as subscription momentum and market mood shift. No quote yet for this issue — this page updates automatically.
No. GMP is an unofficial sentiment indicator that can change quickly. The actual listing price is decided by regular order-book demand on the exchanges on debut day. For Manipal Payment & Identity Solutions (Manipal Cards), the book stands at 1.42x overall with QIB demand at 1.26x — read that breadth next to the premium, not the premium alone.
The full report with subscription status, RHP financials, strengths and data-based analysis signal is on the Manipal Payment & Identity Solutions (Manipal Cards) IPO detail page.
Read the full Manipal Payment & Identity Solutions (Manipal Cards) IPO report →
Last updated: 17 Sep 2026 IST