Innovision IPO Details
Innovision IPO Summary
Innovision IPO opens for subscription on 10 Mar 2026 and closes on 17 Mar 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 23 Mar 2026.
Innovision IPO price band has been fixed at ₹494 – ₹519 per share. The face value is ₹10 per share with a lot size of 27.
Innovision IPO total issue size comprises 58,91,284 shares (aggregating up to ₹305.76 Cr). This includes a fresh issue of 46,53,284 shares (aggregating up to ₹241.51 Cr). Offer for Sale consists of 12,38,000 shares (aggregating up to ₹64.25 Cr). Pre-issue shareholding stands at 1,89,00,000, which will increase to 2,35,53,284 post-issue.
Innovision IPO carries a ₹-91 (-17.53%) GMP, reflecting investor sentiment.
Innovision IPO Lot Size :Retail Minimum is 1 lot (27 shares) amounting to ₹14,013. Retail Maximum is 14 lots (378 shares) amounting to ₹196,182. SHNI Minimum is 15 lots (405 shares) amounting to ₹210,195. SHNI Maximum is 71 lots (1,917 shares) amounting to ₹994,923. BHNI Minimum is 72 lots (1,944 shares) amounting to ₹1,008,936.
Innovision IPO Details
Innovision IPO Subscription
Innovision IPO Application Wise Breakup (Approx)
Innovision IPO Dates
- 10 Mar 2026Opening dateOpen
- 17 Mar 2026Closing dateClose
- 18 Mar 2026Allotment Date Allotment
- 20 Mar 2026Initiation of RefundsRefund
- 20 Mar 2026Credit of SharesCredit
- 23 Mar 2026Listing dateListing
Innovision IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 27 | ₹14,013 |
| Retail Maximum | 14 | 378 | ₹196,182 |
| SHNI Minimum | 15 | 405 | ₹210,195 |
| SHNI Maximum | 71 | 1917 | ₹994,923 |
| BHNI Minimum | 72 | 1944 | ₹1,008,936 |
Innovision IPO Reservation
Promoter Holding
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Innovision IPO Valuations
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
- Wide geographical reach and locations across India.
- Diverse portfolio of manpower services.
- Established systems and processes leading to a scalable business model.
- Experienced management and operational team.
- Recruitment capability, domain knowledge and knowledge of labour regulations.
Risk Of Innovision IPO
- The company has a large workforce deployed across workplaces and client premises, consequently its may be exposed to service-related claims and losses or employee disruptions that could have an adverse effect on its reputation, business, results of operations and financial condition.
- The company businesses are manpower intensive and its inability to attract and retain skilled manpower could have an adverse impact on its growth, business and financial condition.
- Operational risks are present in its business as it includes providing services in different business environments. A failures to manage such risks including any errors, defects or disruption in its service or inability to meet expected or agreed service standards, could have an adverse impact on its business, cash flows, results of operations and financial condition.
- Its business revenue from operations is concentrated in a few segments.
- The company relies on its top 10 clients for majority of its evenue. Any loss of such clients or a significant reduction in purchase by such clients may impact its business and financials.
- If the company fails to qualify for or win new contracts for toll plaza management and skill development segments its business, financial condition, results of operations, prospects and cash flows could be adversely affected.
- Its business significantly depends on projects awarded by government or government-owned clients, which subjects it to a variety of risks. In case of any change in government policy, budget or criteria, it may impact the availability of such projects and affect its business operations.
- There are pending litigations against the Company. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business, results of operations and financial condition.
- The company business could be adversely affected if its clients fail to renew their contracts with us or the company fails to acquire new clients.
- The company has filed applications for compounding for non-compliance with certain provisions. Consequently, its may be subject to adverse regulatory actions and penalties for any past or future non-compliance and the company business, financial condition and reputation may be adversely affected.
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
Innovision FAQs
The Innovision IPO is a MAINBOARD public issue comprising 5891284 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹305.76 Cr. The issue price has been fixed at ₹519 per equity share, and the minimum application size is 27 shares.
The IPO opens for subscription on 10 Mar 2026, and closes on 17 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).
As of now, the current GMP stands at ₹-91 (-17.53%).
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