Innovision
23 Mar '26MAINBOARD
Min. Investment
₹13,338
Issue size
₹322.84 Cr
GMP
Locked
Overall subscription: 3.2x
Check allotment status
Expert verdict
IPO dates
10 Mar
Opening
17 Mar
Closing
13 Mar
Allotment
23 Mar
Listing
*Refunds will be initiated on 16 Mar '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,013 |
| HNI (Min) | 14 | 378 | ₹1,96,182 |
Subscription (as on 30 March 2026, 06:30 PM)
Overall3.2x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2007|MD: Lt Col Randeep Hundal
- Innovision Limited is in the business of providing manpower services, toll plaza management, and skill development training across India. The company commenced operations in 2007 with manned private security services and later expanded into integrated facility management (IFM), manpower sourcing and payroll services, skill development training (from fiscal 2014), and toll plaza management (from fiscal 2019).
- Its manpower services include private security, hard and soft facility management, recruitment, temporary staffing, and payroll processing. The toll plaza management segment involves user fee collection and related operations at toll plazas, primarily for the National Highways Authority of India (NHAI). The skill development segment delivers vocational and technical training under various central and state government schemes. Through its subsidiaries, the company also provides recruitment and visa facilitation services and conducts DGCA-certified remote pilot training courses. As of January 15, 2026, the company operated in 23 states and 5 Union Territories across India.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Repayment or pre-payment, in part or in full, of all or certain borrowings availed by the company – Rs 51 crore
- Funding the working capital requirements of the company – Rs 119 crore
- General corporate purposes
Issue Details & Objective
Lot size
27 Shares
Price band
₹494 to 519
Face value
₹10 per share
Financials
IPO reservation
QIB - 1.00%
HNI - 34.00%
Retail - 65.00%
Download DRHP (IPO Doc)FAQs
Should I apply for the Innovision IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Innovision IPO?
The issue size of Innovision IPO is ₹322.84 Cr
What are the open and close dates for Innovision IPO?
The Innovision IPO will be open for applications from 10 Mar '26 to 17 Mar '26
What is the lot size and minimum order quantity of Innovision IPO?
The lot size of Innovision IPO is 27 Shares and its minimum investment amount is ₹13,338.
What is the GMP value of Innovision IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Innovision IPO is 0
