Manipal Payment’s ₹7,858-cr bet: From card maker to India’s digital trust powerhouse

₹805-crore IPO opens September 9 as Manipal Group company takes its payment, identity and IoT franchise to Dalal Street ₹320 crore fresh capital to fund equipment expansion; promoter Manipal Technologies to sell ₹485 crore stake 75% QIB, 15% NII and 10% retail allocation; 44-share retail lot costs ₹14,916 FY26 revenue rises 6.2% to ₹1,356.59 crore; [...]