Innovision Limited IPO

Innovision Limited IPO is priced at ₹521–₹548 per share with an issue size of ₹322.84 crore. The IPO opens on Mar 10, 2026 and closes on Mar 12, 2026, with a lot size of 27 shares and a minimum investment of ₹14,796.

Innovision Limited IPO

Mainboard Live
₹14,796 (27 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 10, 2026 – Mar 12, 2026
Price band
₹521-548 per equity share
Minimum Investment
₹14,796
Issue size
₹322.84 Cr
Lot size
27
Allotment Date
Mar 13, 2026
Listing
Mar 17, 2026
Listing At
BSE, NSE

IPO timeline

  1. Mar 10, 2026

    Open Date

    Completed

  2. Mar 12, 2026

    Close Date

    Completed

  3. Mar 13, 2026

    Allotment Date

    Completed

  4. Mar 17, 2026

    Listing Date

    Completed

Innovision Limited IPO Live Subscription Details

View Subscription Details
QIB 1.00x
Retail 0.01x
NIIs 0.00x
bHNI 0.00x
sHNI 0.00x
Retail 0.01x
Total 0.02x

Innovision Limited IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Innovision Limited IPO Essentials

Innovision Limited IPO Details

Innovision Limited IPO is priced at ₹521-548 per share with a total issue size of 322.84 crore. The IPO has a lot size of 27 shares and will be listed on BSE and NSE.

Issue price
₹521-548 per equity share
Lot size
27 shares
Face value
₹10 Per Equity Share
Issue size
₹322.84 Crores
Total issue size
58,91,284 shares
(aggregating up to ₹322.84 crore)
Fresh issue
46,53,284 shares
(aggregating up to ₹255 crore)
Offer for sale (OFS)
12,38,000 shares
(aggregating up to ₹67.84 crore)
Listing at
BSE, NSE
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
Emkay Global Financial Services Ltd.

Market Lot Size

Investors can bid for a minimum of 27 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 27 ₹14,796
Retail(max) 13 351 ₹1,92,348
sHNI(min) 14 378 ₹2,07,144
sHNI(max) 67 1,809 ₹9,91,332
sHNI(min) 68 1,836 ₹10,06,128

Innovision Limited IPO Documents

Innovision Limited IPO Reservation

Innovision Limited IPO reservation details show category-wise allocation of shares. Out of the total 5891284 shares, approximately 1% are reserved for QIB, 34% for NII, and 65% for retail investors.

Investor Category Shares Offered Maximum Allottees
QIB Shares Offered 58913 (1%)
NII (HNI) Shares Offered 2003037 (34%)
bHNI > ₹10L 1335554 (22.5%) 3533
sHNI < ₹10L 667483 (11.5%) 1766
Retail Shares Offered 3829334 (65%) 141827
Total Shares Offered 5891284 (100%)

Innovision Limited IPO Analytics

Innovision Limited Valuations

Earnings

EPS Pre IPO
₹15.36/-
EPS Post IPO
₹16.99/-
P/E Pre IPO
35.69
P/E Post IPO
32.26

Returns

ROE
35.45%
ROCE
40.77%
RoNW
35.45%
PAT Margin
3.25%

Fundamentals

Debt / Equity
0.97
Price / Book
12.65
Market Cap
1290.72 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Innovision Limited Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 271.66 220.30 157.05 108.17
Revenue 483.10 895.95 512.13 257.62
Profit After Tax 20.00 29.02 10.27 8.88
Net Worth 102.33 81.88 52.35 40.26
Reserves & Surplus 83.43 62.98 33.45 38.91
Total Borrowing 112.39 79.05 48.15 33.34

Innovision Limited Company & Offer Insights

About Innovision Limited

Incorporated in 2007, Innovision Limited is a company that provides Manpower Services, Toll Plaza Management, and Skill Development Training to its clients in India. It has 35 offices, including registered offices and corporate offices, in India. As of Jan 15, 2026, Innovision Limited has operations in 23 states and 5 union territories in India.
Manpower Services has 3 operational segments as follows: Manned Private Security Services, Integrated Facility Management (IFM) Services, and Manpower Sourcing and Payroll.
As of Jan 15, 2026, the company has more than 180 clients in various sectors and has rendered its services to more than 1,000 client premises.The company serves customers in different sectors, including retail, healthcare, warehousing, logistics, and BFSI. Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics are some of the customers of the company.
Innovision Limited also provides physical and classroom training to security personnel under the Private Security Agency Regulatory Act, 2025, at its own training center at Turkiawas, Rewari, Haryana.

Innovision Limited Promoter(s)

Lt Col Randeep Hundal, Uday Pal Singh are the company's promoters of Innovision Limited.

Innovision Limited IPO Issue Objectives

Repayment or pre-payment, in part or full of all or certain borrowings availed by the Company - ₹51 Cr.
Funding working capital requirements of the Company - ₹119 Cr.
General Corporate Purposes

Innovision Limited IPO - Strengths and Risks

Innovision Limited IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Diverse Manpower Service Portfolio: Offers a broad range of manpower services in different fields, hence providing a customized solution that meets the acquisition, retention, and ever-changing needs of the client
Scalable Systems & Processes: Standardized systems and processes in recruitment, training, and operations, along with performance data monitoring, provide quality service and scalable business operations.
Strong Recruitment Expertise: With in-house expertise from a team of over 100 professionals and a large candidate pool, we provide domain and labor law expertise in staffing solutions.

Risks

Debarment and Contract Compliance Risk: The company has received debarment orders from some of its clients and has filed a case against one such order in court. If the company is debarred, it may impact its business operations and revenue.
NHAI Debarment Impact: The company received a debarment order from NHAI in July 2025, which is currently stayed by the Delhi High Court. If the debarment continues or if the assumptions regarding its impact are found to be wrong, it may impact business operations and the utilization of funds raised in the IPO.
Pricing pressure from clients, statutory payments, and a competitive bidding process could adversely affect the profit margin and ability to increase our prices, which in turn could have an adverse impact on the business, results of operations, and financial condition.

Contact Information

Contact Details

Innovision Limited

+91 011 208 9790

cs@innovision.co.in

https://www.innovision.co.in/

1/209, First Floor, Sadar Bazar, Delhi Cantt, Delhi, New Delhi, 110010

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

innovision.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Innovision Limited IPO is a book-built IPO worth ₹322.84 crore. The price band is ₹521–₹548 per share. The IPO opens on Mar 10, 2026 and closes on Mar 12, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.

The price band of Innovision Limited IPO is ₹521 to ₹548 per share.

The lot size of Innovision Limited IPO is 27 shares.

The minimum investment for Innovision Limited IPO is approximately ₹14,796 based on the upper price band .

Innovision Limited IPO opens on Mar 10, 2026 and closes on Mar 12, 2026.

The allotment date of Innovision Limited IPO is Mar 13, 2026.

Innovision Limited IPO is expected to be listed on Mar 17, 2026, on BSE and NSE .

The Grey market premium (GMP) for Innovision Limited IPO indicates market sentiment and potential listing expectations based on unofficial trading activity.

Innovision Limited IPO valuation snapshot: P/E 32.26, EPS ₹16.99/-, P/B 12.65, RoNW 35.45%, and market cap 1290.72 Cr.

To apply for Innovision Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Innovision Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Innovision Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Innovision Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Innovision Limited IPO allotment status on IPO Ji for quick and easy access.