Business Overview
Manipal provides comprehensive payment, identification, secure printing, smart tagging and Internet of Things (IoT) solutions to banks, fintech companies, non-banking financial institutions and government bodies across domestic and international markets. Its payment solutions include payment cards, cheque solutions, NFC and QR-based systems, payment-enabled wearables and digital automation tools. Identification solutions cover driving licences, vehicle registration certificates, national and voter identity cards, along with transit management solutions. Secure solutions include secure logistics, personalized insurance and communication documents, and security-enhanced packaging such as tamper-evident envelopes, holograms and coated products. The Company’s smart tagging and IoT offerings include excise labels with encrypted QR codes, RFID-based track-and-trace systems and anti-counterfeiting solutions.
Manipal Payment IPO Size
Objects of Issue
Funding the capital expenditure requirements of our Company towards purchasing and setting up of new
- Card manufacturing facility, personalization bureau and cheque printing facility in karnataka
- Personalization bureau and cheque printing facility in Tamil Nadu, Uttar Pradesh, and personalization bureau in Maharashtra,
- Cheque printing facilities in Maharashtra & West Bengal,
- Smart Tagging and IoT Solutions facility in Manipal
Manipal Payment IPO Financial Performance
(Rs. in crores)
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 283.52 | 1,256.07 | 1,247.52 | 902.17 |
| PAT | 33.93 | 282.21 | 249.17 | 117.67 |
| Net Worth | 877.54 | 619.70 | 405.05 | 222.37 |
| Borrowings | 0.22 | 472.87 | 449.47 | 96.62 |
| Assets | 863.49 | 1,409.67 | 1,102.71 | 613.45 |
| NAV (₹) | 39.12 | 29.68 | 19.59 | 10.75 |
| EPS (₹) | 1.60 | 13.65 | 12.05 | 5.69 |
Key Performance Indicators (KPIs)
EBITDA
32.01%
PAT
22.10%
ROE
55.08%
ROCE
33.97%
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
0.00%
Public
100.00%
Management
Registrar & Lead Managers
Registrar
MUFG Intime India
Lead Managers (4)
Company Details
Name: Manipal Payment And Identity Solutions Limited
Address: Udayavani Building, Press Corner
Manipal 576 104, Karnataka, India
Number: +91 820 2205 000
Email: investor.relations@mpimanipal.com
Website: https://mpimanipal.com/
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