The Innovision IPO is one of the upcoming mainboard IPOs in the Indian stock market. The company operates in the manpower services and toll plaza management sector and plans to raise around ₹323 crore through its public issue. Investors looking for new IPO opportunities are closely watching this issue due to its diversified services and nationwide operations. (Fortune India)
Innovision IPO Details
| IPO Name | Innovision IPO |
|---|---|
| IPO Type | Book Built Issue |
| Face Value | ₹10 per equity share |
| IPO Size | Approx ₹323 Crore |
| Fresh Issue | ₹255 Crore |
| Offer For Sale | 12.38 Lakh Shares |
| Price Band | ₹521 to ₹548 per share |
| Lot Size | 27 Shares |
| Listing | NSE & BSE |
The IPO includes a fresh issue of shares and an Offer for Sale (OFS) by promoters, where existing shareholders sell part of their stake. (ipoupdates)
Innovision IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | 10 March 2026 |
| IPO Closing Date | 12 March 2026 |
| Basis of Allotment | 13 March 2026 |
| Refunds Initiation | 14 March 2026 |
| Shares Credit to Demat | 16 March 2026 |
| IPO Listing Date | 17 March 2026 |
The IPO subscription window will remain open for three days, and the shares are expected to list on NSE and BSE on 17 March 2026. (NDTV Profit)
Innovision IPO Price Band & Lot Size
| Price Band | ₹521 – ₹548 per share |
|---|---|
| Lot Size | 27 Shares |
| Minimum Investment | ₹14,796 |
| Maximum Retail Investment | ₹1,92,348 |
Retail investors can apply for a minimum of 27 shares, which requires around ₹14,796 investment at the upper price band. (Business Standard)
Innovision IPO Reservation
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyers) | 50% |
| NII (Non-Institutional Investors) | 15% |
| Retail Investors | 35% |
Innovision IPO Objectives
The company plans to use the IPO funds for the following purposes:
- Repayment or prepayment of borrowings
- Funding working capital requirements
- General corporate purposes
These investments are expected to strengthen the company’s financial position and support future expansion. (NDTV Profit)
About Innovision Limited
Innovision Limited, founded in 2007, provides manpower services, toll plaza management, and skill development training across India. The company initially started with private security services and later expanded into multiple workforce management solutions.
Key Business Segments
- Manpower services
- Integrated facility management
- Toll plaza management
- Skill development and training programs
The company operates in more than 20 states and union territories across India and serves multiple industries including logistics, retail, healthcare, and government sectors. (NDTV Profit)
Innovision IPO Financial Highlights
| Financial Year | Revenue | Profit After Tax |
|---|---|---|
| FY2023 | ₹– | |
| FY2024 | ₹– | |
| FY2025 | ₹– |
(Exact financial figures should be verified from the company’s RHP before investing.)
Innovision IPO Lead Managers & Registrar
| Role | Company |
|---|---|
| Book Running Lead Manager | Emkay Global Financial Services Ltd |
| Registrar | KFin Technologies Ltd |
These institutions manage the IPO process, including subscription handling, allotment, and share credit. (Business Standard)
Innovision IPO Review (Should You Apply?)
Positive Factors
✔ Diversified manpower service portfolio
✔ Operations across multiple Indian states
✔ Growing demand for facility management and manpower outsourcing
✔ Expansion opportunities in infrastructure and toll management
Risk Factors
⚠ Dependence on government contracts
⚠ The Manpower industry has high competition
⚠ Revenue concentration from key clients
How to Apply for Innovision IPO
Investors can apply for the IPO through:
- Net Banking (ASBA)
- Stockbroker platforms
- UPI through trading apps
- Demat account
Popular platforms include Zerodha, Groww, Upstox, Angel One, and ICICI Direct.
Conclusion
The Innovision IPO offers investors an opportunity to invest in a growing manpower and toll management company with operations across India. With an issue size of ₹323 crore and a price band of ₹521–₹548, the IPO may attract attention from both retail and institutional investors. However, investors should carefully review the company’s financials, growth prospects, and risks before applying
DISCLAMER
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
