Innovision Limited Links 
Allotment
Innovision IPO is a book-built issue worth ₹322.84 crores. The offering comprises a fresh issue of 0.47 crore shares totaling ₹255.00 crores and an offer for sale (OFS) of 0.12 crore shares worth ₹67.84 crores.
The IPO subscription period will open on March 10, 2026, and close on March 12, 2026. The share allotment is expected to be finalized on March 13, 2026, and the company is scheduled to be listed on the BSE and NSE on March 17, 2026 (tentative).
The price band for the IPO is ₹521 to ₹548 per share, with a lot size of 27 shares. For retail investors, the minimum investment required is ₹14,796 (27 shares at the upper price band).
For sNII investors, the minimum application is 14 lots (378 shares), amounting to ₹2,07,144, while bNII investors must apply for 68 lots (1,836 shares), requiring an investment of ₹10,06,128.
Emkay Global Financial Services is the book-running lead manager for the issue, and Kfin Technologies serves as the registrar.
₹548
0%
Open
₹548
HIgh - Low
₹548
Previous Close
₹548
Total Traded Value
0
52 Weeks High
₹548
52 Weeks Low
₹548
Updates On
March 5, 2026
IPO. Open
Mar 10, 2026
IPO. Close
Mar 12, 2026
IPO. Price
₹548.00
IPO Market price
₹1,290.72 Cr
IPO Details
| IPO Date | 17 Mar |
| IPO Listing Date | 17 Mar |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹548.00 |
| IPO Issue Size | 58,91,284 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| Share Holding Pre Issue | 1,89,00,000 shares |
IPO Timeline
| IPO Open Date | 10 Mar |
| IPO Close Date | 12 Mar |
| IPO Allotment (Tentative) | 13 Mar |
| Refunds | 16 Mar |
| Credit to Demat Account | 16 Mar |
| IPO Listing Date | 17 Mar |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | Not more than 1% of the Offer |
| NII (HNI) Shares Offered | Not less than 65% of the Offer |
| Retail Shares Offered | Not less than 34% of the Offer |
IPO Lot Size
Investors can apply for a minimum of 27 shares, and bids must be placed in multiples of 27 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 27 | ₹14,796 |
| Individual investors (Retail) (Max) | 14 | 351 | ₹1,92,348 |
| S-HNI (Min) | 15 | 378 | ₹2,07,144 |
| S-HNI (Max) | 67 | 1,809 | ₹9,91,332 |
| B-HNI (Min) | 68 | 1,836 | ₹10,06,128 |
Founded in 2007, Innovision Limited provides manpower services, toll plaza management, and skill development training to clients across India. The company operates 35 offices, including its registered and corporate offices, and has a presence across 23 states and 5 union territories as of January 15, 2026.
The company’s Manpower Services segment is divided into three operational categories:
- Manned Private Security Services
- Integrated Facility Management (IFM) Services
- Manpower Sourcing and Payroll Services
As of January 15, 2026, Innovision Limited served more than 180 clients across various sectors and provided services at over 1,000 client locations.
Its client base spans multiple industries, including retail, healthcare, warehousing, logistics, and BFSI. Some of its notable clients include Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics.
The company also offers physical and classroom training programs for security personnel in compliance with the Private Security Agency Regulatory Act, 2005. These training sessions are conducted at its training centre in Turkiawas, Rewari, Haryana.
Competitive Strengths
- Strong pan-India presence with a wide geographic reach
- Diversified manpower service portfolio
- Established systems and processes that support a scalable business model
- Experienced management and operational team
- Strong recruitment capability, domain expertise, and deep understanding of labour regulations
Company Financials (Consolidated)
| Assets | 271.66 | 220.3 | 157.05 |
| Total Income | 483.1 | 895.95 | 512.13 |
| Profit After Tax | 20 | 29.02 | 10.27 |
| EBITDA | 30.42 | 51.75 | 19.66 |
| Net Worth | 102.33 | 81.88 | 52.35 |
| Reserves and Surplus | 83.43 | 62.98 | 33.45 |
| Total Borrowing | 112.39 | 79.05 | 48.15 |
Key Performance Indicator (KPI)
| ROE | 14.86% |
| ROCE | 16.55% |
| Debt/Equity | 0.49 |
| RoNW | 13.82% |
| PAT Margin | 4.87% |
| EBITDA Margin | 9.16% |
| Price to book value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 119 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Innovision Ltd. Address
1/209, First Floor,
Sadar Bazar,
Delhi Cantt,
Delhi, New Delhi, 110010
+91 011 208 9790
cs@innovision.co.in
https://www.innovision.co.in/
Detail Registrar
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
innovision.ipo@kfintech.com
https://ipostatus.kfintech.com/
The Innovision IPO will open for subscription on March 10, 2026, and close on March 12, 2026. Investors can apply during this period through their stockbroker or online IPO application platforms.
The price band for the Innovision IPO is ₹521 to ₹548 per share. Investors must place their bids within this range while applying for shares during the IPO subscription period.
The minimum lot size for the Innovision IPO is 27 shares. Retail investors must apply for at least one lot, and applications can be made in multiples of 27 shares.
Retail investors need a minimum investment of ₹14,796, which equals one lot of 27 shares at the upper price band of ₹548. Higher investments can be made by applying for additional lots.
Innovision IPO shares are expected to be listed on BSE and NSE on March 17, 2026. The listing date is tentative and may change depending on the completion of the IPO process.
Innovision Limited provides manpower services, security services, facility management, and skill development training across India. The company serves more than 180 clients across multiple industries.
The Innovision IPO is valued at approximately ₹322.84 crore. It includes a fresh issue of ₹255.00 crore and an offer for sale worth ₹67.84 crore by existing shareholders.
Emkay Global Financial Services is the book-running lead manager for the Innovision IPO, while Kfin Technologies Limited has been appointed as the registrar responsible for allotment and investor queries.
Compare: