Innovision IPO Details

MAINBOARD NSE BSE

Innovision IPO Summary

Innovision IPO opens for subscription on 10 Mar 2026 and closes on 12 Mar 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 17 Mar 2026.

Innovision IPO price band has been fixed at ₹521 – ₹548 per share. The face value is ₹10 per share with a lot size of 27.

Innovision IPO total issue size comprises 58,91,285 shares (aggregating up to ₹322.84 Cr). This includes a fresh issue of 46,53,281 shares (aggregating up to ₹255.00 Cr). Offer for Sale consists of 12,38,000 shares (aggregating up to ₹67.84 Cr). Pre-issue shareholding stands at 1,89,00,000, which will increase to 2,35,53,284 post-issue.

Innovision IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

Innovision IPO Lot Size :Retail Minimum is 1 lot (27 shares) amounting to ₹14,796. Retail Maximum is 13 lots (351 shares) amounting to ₹192,348. SHNI Minimum is 14 lots (378 shares) amounting to ₹207,144. SHNI Maximum is 67 lots (1,809 shares) amounting to ₹991,332. BHNI Minimum is 68 lots (1,836 shares) amounting to ₹1,006,128.

The Lead Managers for Innovision IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Emkay Global Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Innovision Limited RHP.

Innovision IPO Details

Open Date

10 Mar 2026

Close Date

12 Mar 2026

Listing Date

17 Mar 2026

Issue Price

₹521 - ₹548

Face Value

₹10 per share

Lot Size

27 Shares

GMP

₹0

Issue Type

IPO

Listing On

NSE, BSE

Type

Book Built Issue

Pre-issue Shareholding

1,89,00,000 shares

Post-issue Shareholding

2,35,53,284 shares

Total Issue Size

58,91,285 shares(aggregating up to ₹322.84 Cr)

Fresh Issue

46,53,281 shares(aggregating up to ₹255.00 Cr)

Offer for Sale

12,38,000 shares(aggregating up to ₹67.84 Cr)

Innovision IPO Dates

10 Mar 2026
Opening dateOpen
12 Mar 2026
Closing dateClose
13 Mar 2026
Allotment Date Allotment
16 Mar 2026
Initiation of RefundsRefund
16 Mar 2026
Credit of SharesCredit
17 Mar 2026
Listing dateListing

Innovision IPO Lot Size

Application	Lots	Shares	Amount
Retail Minimum	1	27	₹14,796
Retail Maximum	13	351	₹192,348
SHNI Minimum	14	378	₹207,144
SHNI Maximum	67	1809	₹991,332
BHNI Minimum	68	1836	₹1,006,128

Innovision IPO Reservation

Promoter Holding

Pre Issue:

100%

Post Issue:

74.99%

Promoter Names:

Lt Col Randeep Hundal, Uday Pal Singh

Documents

DRHP

Innovision IPO DRHP

RHP

Innovision IPO RHP

Innovision IPO Valuations

ROE19.55%

ROCE18.19%

Debt/Equity1.10

RoNW19.55%

PAT Margin4.17%

EBITDA Margin6.34%

EPSRs (Pre IPO)15.36

EPSRs (Post IPO)16.99

P/E (x) (Pre IPO)35.69

P/E (x) (Post IPO)32.26

Innovision Financial Information

Period Ended	30 Sep 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
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 Borrowing	112.39	79.05	48.15	33.34
Amount in ₹ Crore

About Innovision IPO

Incorporated in 2007, Innovision Limited provides manpower services, toll plaza management, and skill development training to clients across India. The company operates through a network of 35 offices, including registered and corporate offices, located across various regions of the country.

As of January 15, 2026, Innovision Limited had an operational presence across 23 states and 5 union territories in India, supporting a wide range of service requirements for its clients.

Manpower Services

The company’s manpower services business comprises three key operational segments:

Manned Private Security Services
Integrated Facility Management (IFM) Services
Manpower Sourcing and Payroll Services

As of January 15, 2026, the company served more than 180 clients across multiple sectors and provided services at over 1,000 client premises.

Innovision Limited caters to customers operating in sectors such as retail, healthcare, warehousing, logistics, and banking, financial services and insurance (BFSI). Key clients include Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics.

The company also provides physical and classroom training programs for security personnel in accordance with the Private Security Agency Regulatory Act, 2025. These training programs are conducted at its training centre located at Turkiawas, Rewari, Haryana.

Strength Of Innovision IPO

To be announced

Risk Of Innovision IPO

To be announced

Objectives Innovision IPO

Repayment or pre-payment, in part or full of all or certain borrowings availed by the company.
Funding working capital requirements of the company.
General corporate purposes.

Company Contact Details

Innovision Ltd.
1/209, First Floor, Sadar Bazar,
Delhi Cantt, Delhi, New Delhi, 110010
Phone: +91 011 208 9790
Email: cs@innovision.co.in
Website: https://www.innovision.co.in/

Registrar Contact Details

Name:

Kfin Technologies Ltd

Phone:

+91-40-67162222

Email:

innovision.ipo@kfintech.com

Website:

https://ipostatus.kfintech.com/

Lead Mangers

Innovision FAQs

The Innovision IPO is a MAINBOARD public issue comprising 5891285 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹322.84 Cr. The issue price has been fixed at ₹548 per equity share, and the minimum application size is 27 shares.

The IPO opens for subscription on 10 Mar 2026, and closes on 12 Mar 2026.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Innovision IPO opens on 10 Mar 2026.

Innovision IPO lot size is 27, and the minimum amount required for application is ₹14796.

You may apply for the Innovision IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Innovision IPO is scheduled to be finalized on 13 Mar 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 16 Mar 2026. Investors are advised to regularly check the Innovision IPO allotment status for updates.

The listing date for the Innovision IPO has not yet been officially announced. However, the tentative listing date is scheduled for 17 Mar 2026.

Innovision IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).