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Manipal Payment & Identity Solutions opens ₹805 crore IPO
Manipal Payment & Identity Solutions opened its Rs 805 crore IPO alongside Karamtara Engineering, LCC Projects and Steamhouse India. Manipal plans to use Rs 238.43 crore of fresh proceeds for equipment capex, with subscriptions closing September 11.
- Karamtara Engineering IPO₹875 crore
- Manipal Payments IPO₹805 crore
- LCC Projects IPO₹427.14 crore
- Steamhouse India IPO₹414 crore
Channel facts
From the report. Source details below
| Fresh issue: | Rs 320 crore |
|---|---|
| OFS: | Rs 485 crore |
| Price band: | Rs 322-339 |
| GMP: | 9.7% |
| Karamtara Engineering IPO: | Rs 875 crore |
| LCC Projects IPO: | Rs 427.14 crore |
| Steamhouse India IPO: | Rs 414 crore |