Manipal Payment & Identity Solutions lists at 2% discount to IPO price
Manipal Payment & Identity Solutions made a weak stock market debut after its Rs 805-crore IPO was subscribed 1.26 times overall. The shares opened at a discount to the issue price on both the BSE and NSE. The IPO comprised a fresh issue and an offer for sale, with proceeds earmarked primarily for capital expenditure across the company’s manufacturing facilities.
Key takeaways
- Category: Corporate Action.
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A routine update. Use the price and stock snapshot to gauge how the market is responding.







