Innovision IPO GMP, Subscription & Latest Updates 2026

The Innovision IPO has attracted mixed reactions from investors due to its changing subscription trends and price revision. The IPO opened on March 10, 2026, and was later extended till March 17, 2026 after receiving weak initial demand.

The company is planning to raise around ₹322–323 crore, which includes a fresh issue and an offer for sale. The funds will mainly be used for repayment of loans, working capital, and general corporate purposes.

Initially, the price band was ₹521 to ₹548, but later it was revised to ₹494 to ₹519 per share to attract more investors.

Innovision IPO – Key Details

Subscription Status

The IPO saw slow initial demand, which led to the extension of the issue.

• Around 30% subscription by Day 3
• Early data showed very low retail participation
• QIB investors showed relatively better interest

Even after extension, overall demand remained moderate, reflecting cautious sentiment in the market.

About the Company

Innovision Limited is a manpower and facility management company, offering services like:

• Security services
• Facility management
• Payroll & staffing
• Toll plaza management
• Skill development

The company operates across 23 states and 5 union territories, serving multiple industries like retail, healthcare, and logistics.

Final Thoughts

The IPO presents mixed signals:

• 👍 Positive: Improving GMP and strong institutional interest
• ⚠️ Negative: Weak retail demand and price band revision

Overall, this IPO may be better suited for long-term investors, while short-term listing gains remain uncertain but slightly positive.