Manipal Payment and Identity Solutions Ltd - IPO

Manipal Payment and Identity Solutions Ltd IPO Details

Initial public offering of up to 23,746,313 equity shares of face value of Rs. 2 each (the Equity Shares) of Manipal Payment and Identity Solutions Limited (Formerly Known as MCT Cards & Technology Limited) (The Company or the Issuer) for cash at a price of Rs. 339 per equity share (including a premium of Rs. 337 per equity share) (the Offer Price) aggregating up to Rs. 805 Crores comprising a fresh issue of up to 9,439,528 equity shares aggregating up to Rs. 320 Crores (the Fresh Issue) by the company and an offer for sale of up to 14,306,785 equity shares (the Offered Shares) aggregating up to Rs. 485 Crores (the Offer For Sale, and together with the fresh issue, the Offer) by the promoter selling shareholder.Price Band: Rs. 322 to Rs. 339 per equity share of face value of Rs. 2 each.The floor price and the cap price are 161.00 times and 169.50 times the face value of the equity shares, respectively. Bids can be made for a minimum of 44 equity shares of face value of Rs. 2 each and in multiples of 44 equity shares of face value of Rs. 2 each thereafter.

Objective of issue

Capital Expenditure on Equipment. General corporate purposes.

Manipal Payment and Identity Solutions Ltd Contact Details

Manipal Payment and Identity Solutions Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investor.relations@mpimanipal.com

Website - https:, mpimanipal.com