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Manipal Payment and Identity Solutions
Manipal Payment and Identity Solutions
Subscription Status
LISTEDCloses: Sep 11
The Manipal Payment and Identity Solutions IPO is currently subscribed 1.42x overall. Below is the live breakdown of demand across different investor categories.
Total Subscription
1.42x
Retail Demand (RII)
0.00x
Category-wise Breakdown
| Investor Category | Subscription Times |
|---|---|
| Qualified Institutions (QIB) | 0.00x |
| Non-Institutional (NII/HNI) | 0.00x |
| Retail Investors (RII) | 0.00x |
| Total Overall | 1.42x |
How is IPO Subscription Calculated?
The subscription rate indicates how many times the total available shares were bid for by investors. A subscription of 10x means that for every 1 share available, there are bids for 10 shares. High subscription rates in the QIB and NII categories usually suggest strong institutional demand, which often correlates with a higher listing premium.