{"id":239312,"date":"2026-09-10T09:25:17","date_gmt":"2026-09-10T03:55:17","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=239312"},"modified":"2026-09-10T09:25:17","modified_gmt":"2026-09-10T03:55:17","slug":"manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/","title":{"rendered":"Manipal Payment IPO Day 2: Subscription Status on 10 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Manipal Payment IPO Day 2, 10 Sep 2026. Subscription stayed muted through Day 1, close to nil. Price band Rs 322-339. Closes 11 Sep.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Manipal Payment IPO is on Day 2 of bidding on 10 September 2026, after a slow opening day that saw the issue barely subscribed through the morning session. With qualified institutional buyers holding around 75 percent of this issue, one of the largest QIB allocations among mainboard issues this week, institutional demand in the final session will play an outsized role in where the Manipal Payment IPO ultimately closes. Bidding remains open until 11 September 2026.<\/p>\n<\/p><\/div>\n<p>The Manipal Payment IPO has entered Day 2 of its three day bidding window, which opened on 9 September and closes on 11 September 2026. Manipal Payment &#038; Identity Solutions Limited, part of the Manipal Group, is raising about Rs 805 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both BSE and NSE.<\/p>\n<p>Day 1 bidding for the issue stayed thin through the morning session, with subscription levels close to nil across categories. With QIBs holding around 75 percent of the offer, and this pattern typical of large mainboard issues, institutional bids in the closing hours will likely be decisive for the final subscription figure of the issue.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=manipal-payment-ipo-day2\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#Manipal_Payment_IPO_Details\" title=\"Manipal Payment IPO Details\">Manipal Payment IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#Manipal_Payment_IPO_Subscription_Status_Day_2\" title=\"Manipal Payment IPO Subscription Status Day 2\">Manipal Payment IPO Subscription Status Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#How_to_Apply_for_the_Manipal_Payment_IPO\" title=\"How to Apply for the Manipal Payment IPO\">How to Apply for the Manipal Payment IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#What_is_the_Manipal_Payment_IPO_subscription_status_on_Day_2\" title=\"What is the Manipal Payment IPO subscription status on Day 2?\">What is the Manipal Payment IPO subscription status on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#When_does_the_Manipal_Payment_IPO_close\" title=\"When does the Manipal Payment IPO close?\">When does the Manipal Payment IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#What_is_the_Manipal_Payment_IPO_price_band_and_lot_size\" title=\"What is the Manipal Payment IPO price band and lot size?\">What is the Manipal Payment IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#Why_has_the_Manipal_Payment_IPO_seen_low_subscription_so_far\" title=\"Why has the Manipal Payment IPO seen low subscription so far?\">Why has the Manipal Payment IPO seen low subscription so far?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#What_is_the_Manipal_Payment_IPO_GMP\" title=\"What is the Manipal Payment IPO GMP?\">What is the Manipal Payment IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#How_do_I_apply_for_the_Manipal_Payment_IPO\" title=\"How do I apply for the Manipal Payment IPO?\">How do I apply for the Manipal Payment IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#When_will_the_Manipal_Payment_IPO_be_allotted_and_listed\" title=\"When will the Manipal Payment IPO be allotted and listed?\">When will the Manipal Payment IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#What_is_the_reservation_split_in_the_Manipal_Payment_IPO\" title=\"What is the reservation split in the Manipal Payment IPO?\">What is the reservation split in the Manipal Payment IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#What_is_the_issue_structure_of_the_Manipal_Payment_IPO\" title=\"What is the issue structure of the Manipal Payment IPO?\">What is the issue structure of the Manipal Payment IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\/#What_does_Manipal_Payment_Identity_Solutions_Limited_do\" title=\"What does Manipal Payment &#038; Identity Solutions Limited do?\">What does Manipal Payment &#038; Identity Solutions Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Manipal_Payment_IPO_Details\"><\/span><strong>Manipal Payment IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>9 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>11 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 322 to Rs 339 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>44 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 805 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>BSE and NSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>15 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>17 September 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Manipal_Payment_IPO_Subscription_Status_Day_2\"><\/span><strong>Manipal Payment IPO Subscription Status Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below shows the subscription trend for the issue through its bidding window so far.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Session<\/th>\n<th>Overall Subscription<\/th>\n<\/tr>\n<tr>\n<td>Through Day 1 (9 Sep)<\/td>\n<td>Close to nil<\/td>\n<\/tr>\n<tr>\n<td>Day 2, so far (10 Sep)<\/td>\n<td>Updating through the session<\/td>\n<\/tr>\n<\/table>\n<p>The issue has seen limited participation so far, consistent with a pattern common among large mainboard issues carrying a high QIB allocation, where institutional bidding concentrates closer to the 11 September close. Investors should check the live BSE and NSE numbers as the session progresses.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Manipal_Payment_IPO\"><\/span><strong>How to Apply for the Manipal Payment IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 322 to Rs 339 band, in multiples of 44 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 11 September.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before the 11 September close.<\/em><\/p>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the Manipal Payment &#038; Identity Solutions IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has had a slow start, with subscription close to nil through Day 1, and two sessions still remain before the 11 September close for the large QIB book to build. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Manipal_Payment_IPO_subscription_status_on_Day_2\"><\/span><strong>What is the Manipal Payment IPO subscription status on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue remained subscribed close to nil through Day 1 on 9 September, and figures for Day 2, 10 September 2026, are updating through today&#8217;s session on BSE and NSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Manipal_Payment_IPO_close\"><\/span><strong>When does the Manipal Payment IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription on 11 September 2026, having opened on 9 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Manipal_Payment_IPO_price_band_and_lot_size\"><\/span><strong>What is the Manipal Payment IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 322 to Rs 339 per share, with a lot size of 44 shares, taking the minimum retail investment to about Rs 14,916 at the upper band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_has_the_Manipal_Payment_IPO_seen_low_subscription_so_far\"><\/span><strong>Why has the Manipal Payment IPO seen low subscription so far?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Subscription for the issue has stayed thin through Day 1, which is common for large mainboard issues with a high QIB allocation, since institutional bids typically concentrate closer to the 11 September closing day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Manipal_Payment_IPO_GMP\"><\/span><strong>What is the Manipal Payment IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Manipal_Payment_IPO\"><\/span><strong>How do I apply for the Manipal Payment IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 44 shares within the Rs 322 to Rs 339 band and approving the UPI mandate before the daily cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Manipal_Payment_IPO_be_allotted_and_listed\"><\/span><strong>When will the Manipal Payment IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 15 September 2026, with listing on both BSE and NSE tentatively scheduled for 17 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_reservation_split_in_the_Manipal_Payment_IPO\"><\/span><strong>What is the reservation split in the Manipal Payment IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue reserves around 75 percent of the offer for qualified institutional buyers, about 15 percent for non-institutional investors, and roughly 10 percent for retail individual investors, the lowest retail quota among mainboard issues opening this week.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_structure_of_the_Manipal_Payment_IPO\"><\/span><strong>What is the issue structure of the Manipal Payment IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue is worth about Rs 805 crore, comprising a fresh issue of up to Rs 320 crore and an offer for sale of about 1.43 crore shares worth up to Rs 485 crore by promoter Manipal Technologies Limited.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Manipal_Payment_Identity_Solutions_Limited_do\"><\/span><strong>What does Manipal Payment &#038; Identity Solutions Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Manipal Payment &#038; Identity Solutions Limited, part of The Manipal Group, manufactures payment cards, cheque solutions and identification solutions such as driving licences and national identity cards for banks, fintechs and governments.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue remained subscribed close to nil through Day 1 on 9 September, and figures for Day 2, 10 September 2026, are updating through today's session on BSE and NSE.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription on 11 September 2026, having opened on 9 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue price band is Rs 322 to Rs 339 per share, with a lot size of 44 shares, taking the minimum retail investment to about Rs 14,916 at the upper band.\"}},{\"@type\":\"Question\",\"name\":\"Why has the issue seen low subscription so far?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Subscription for the issue has stayed thin through Day 1, which is common for large mainboard issues with a high QIB allocation, since institutional bids typically concentrate closer to the 11 September closing day.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.\"}},{\"@type\":\"Question\",\"name\":\"How do I apply for the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 44 shares within the Rs 322 to Rs 339 band and approving the UPI mandate before the daily cut off.\"}},{\"@type\":\"Question\",\"name\":\"When will the issue be allotted and listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue allotment is expected to be finalised on 15 September 2026, with listing on both BSE and NSE tentatively scheduled for 17 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the reservation split in the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue reserves around 75 percent of the offer for qualified institutional buyers, about 15 percent for non-institutional investors, and roughly 10 percent for retail individual investors, the lowest retail quota among mainboard issues opening this week.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue structure of the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue is worth about Rs 805 crore, comprising a fresh issue of up to Rs 320 crore and an offer for sale of about 1.43 crore shares worth up to Rs 485 crore by promoter Manipal Technologies Limited.\"}},{\"@type\":\"Question\",\"name\":\"What does Manipal Payment & Identity Solutions Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Manipal Payment & Identity Solutions Limited, part of The Manipal Group, manufactures payment cards, cheque solutions and identification solutions such as driving licences and national identity cards for banks, fintechs and governments.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 2 Subscription Status 10 Sep 2026\",\"description\":\"Manipal Payment & Identity Solutions IPO Day 2 subscription status on 10 September 2026. Bidding trends, price band and how to apply.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/manipal-payment-identity-solutions-initial-public-offering-day-2-subscription-10-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Manipal Payment &#038; Identity Solutions IPO Day 2 subscription update for 10 September 2026, with bidding trends and how to apply.<\/p>\n","protected":false},"author":29,"featured_media":239311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[],"class_list":["post-239312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["239311"],"rank_math_title":["Manipal Payment IPO Day 2 Subscription Status 10 Sep 2026"],"rank_math_description":["Manipal Payment &amp; Identity Solutions IPO Day 2 subscription status on 10 September 2026. 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