Innovision IPO Day 1: GMP Flat | Live Updates
Posted by : Neeraj Pandey | Tue Mar 10 2026
The Innovision IPO GMP is ₹0 as of 10th March 2026. It is a book-building issue IPO of ₹322.84 crores. This is an entirely fresh issue of 0.47 crore shares and an offer for sale of 0.12 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 17th March 2026. The face value of Innovision IPO shares is ₹10 per share, and the IPO price band is ₹116 to ₹122 per share. Retail investors can bid for a minimum of 1 lot of 27 shares worth ₹14,796. Scroll down to check the Innovision IPO GMP and subscription details.
Innovision IPO GMP Grey Market Premium
As mentioned earlier, the Innovision IPO GMP currently stands at ₹0 per share. Thus, the estimated listing price would be at ₹548. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for Innovision IPO GMP updates.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 10-3-2026 | ₹548.00 | ₹0.00 | ₹548.00 | 0.00% |
| 9-3-2026 | ₹548.00 | ₹0.00 | ₹548.00 | 0.00% |
| 8-3-2026 | ₹548.00 | ₹0.00 | ₹548.00 | 0.00% |
| 7-3-2026 | ₹548.00 | ₹0.00 | ₹548.00 | 0.00% |
| 6-3-3036 | ₹548.00 | ₹0.00 | ₹548.00 | 0.00% |
| 5-3-2026 | ₹548.00 | ₹0.00 | ₹548.00 | 0.00% |
| 4-3-2026 | ₹548.00 | ₹0.00 | ₹548.00 | 0.00% |
Note: GMP details are subject to change in response to market conditions and fluctuations. Check the live GMP status of the Innovision IPO at Univest.
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Innovision IPO Details
| IPO Allotment Date | 13th March 2026 |
| IPO Open Date | 10th March 2026 |
| IPO Close Date | 12th March 2026 |
| Refund Initiation | 16th March 2026 |
| Issue Size | 58,91,284 shares(agg. up to ₹323 Cr) |
| Fresh issue | 46,53,284 shares(agg. up to ₹255 Cr) |
| Offer for sale | 12,38,000 shares of ₹10(agg. up to ₹68 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 27 shares |
| Issue Price | ₹116 to ₹122 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & NSE |
| Listing Date | 17th March 2026 |
Also Read: Innovision IPO GMP & Review: Apply or Avoid?
Explanation
Innovision IPO: Innovision IPO Limited has declared an issue price band of ₹521 to ₹458 per share. With this IPO, the company allows retail investors to bid for at least 1 lot of 57 shares, each worth ₹14,796. The face value of Innovision IPO Limited shares is ₹10 per share. The shares of Innovision IPO Limited will be listed on BSE and NSE on its tentative listing day, 17th March 2026. Scroll down to check GMP updates and Innovision IPO reviews.
About Innovision Ltd.
Innovision Limited provides manpower services, toll plaza management, and skill development training to clients across India. The company has 35 offices, including registered and corporate offices, across India. As of Jan 15, 2026, Innovision Limited operates in 23 states and 5 union territories of India. The company serves customers across sectors, including retail, healthcare, warehousing, logistics and BFSI. Max Healthcare Limited, Stellar Value Chain and Sequel Logistics are some of the customers.
Innovision Limited Financials
The company’s financial analysis is essential before applying for the Innovision IPO. See the table for Innovision Limited’s financials.
| Year Ended | 30th Sep 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31 Mar 2023 (in cr.) |
| Assets | 271.66 | 220.30 | 157.05 | 108.17 |
| Total Income | 483.10 | 895.95 | 512.13 | 257.62 |
| Profit After Tax | 20.00 | 29.02 | 10.27 | 8.88 |
| EBITDA | 30.42 | 51.75 | 19.66 | 16.36 |
| Net Worth | 102.33 | 81.88 | 52.35 | 40.26 |
| Reserves and Surplus | 83.43 | 62.98 | 33.45 | 38.91 |
| Total Borrowings | 112.39 | 79.05 | 48.15 | 33.34 |
Explanation
Innovision Limited’s revenue increased by 33.60%, from ₹512.13 crore in March 2024 to ₹895.95 crore in March 2025. Moreover, the company’s PAT increased by 15% from ₹10.27 crore in March 2024 to ₹29.02 crore in March 2025.
Innovision IPO Objectives
The primary aim of the Innovision IPO is to raise ₹322.84 crores.
- To meet working capital requirements
- To meet general corporate expenses
- Funding the working capital requirements of the Company.
Innovision IPO Registrar
Kfin Technologies Limited is the registrar for the Innovision IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Innovision allotment and refund, you can contact Kfin Technologies Limited at rsl.ipo@kfintech.com or 04067162222, 04079611000.
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Innovision IPO Review
The Innovision IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Innovision Limited’s revenue increased by 33.60%, from ₹512.13 crore in March 2024 to ₹895.95 crore in March 2025. Moreover, the company’s PAT increased by 15% from ₹10.27 crore in March 2024 to ₹29.02 crore in March 2025.
Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Innovision IPO or not.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 35.69 |
| EPS (Earnings Per Share) | 15.36 |
| RoNW | 19.55% |
| ROCE | 18.19% |
| ROE | 19.55% |
| EBITDA Margin | 6.34% |
| Price to Book Value | – |
| Market Capitalisation | 1,290.72 |
The P/E ratio of Innovision Limited shares is 35.69, and its Earnings Per Share (EPS) stands at 15.36. Thus, the Innovision IPO can deliver gains on its tentative listing date, 17th March 2026.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Innovision Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 35.69 | 32.26 |
| EPS | 15.36 | 16.99 |
FAQs
What is the Innovision IPO GMP?
Ans. Currently, on 10th March 2026, the Innovision IPO GMP (Grey Market Premium) stands at ₹0.00. This indicates that the estimated listing price could be ₹548 per share.
What is the issue Size of the Innovision IPO?
Ans. Innovision IPO is a bookbuilding IPO of ₹322.84 crores. Moreover, the IPO is set to open on 10th March 2026 and close on 12th March 2026.
Who is the registrar of the Innovision IPO?
Ans. Kfin Technologies Limited is the registrar for the Innovision IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Innovision allotment and refund, you can contact Kfin Technologies Limited at rsl.ipo@kfintech.com or 04067162222, 04079611000.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Innovision IPO, download the Innovision IPO RHP and Innovision IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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