Innovision Limited is entering the public markets through Mainboard IPO with an issue size of ₹322.84 crore. The issue consists of a fresh issue of ₹255.00 crore and an offer for sale of ₹67.84 crore. The shares are proposed to be listed on NSE & BSE.
The IPO subscription window opens on March 10, 2026 and will remain open until March 12, 2026. The company plans to list its shares on March 17, 2026. Since this is a Mainboard IPO, participation is expected from a wide range of investors.
Innovision Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Innovision Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | Innovision Limited |
|---|---|
| IPO Segment | Mainboard |
| Sale Type | Fresh Issue + Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Price | ₹521 – ₹548 Per Share |
| Lot Size | 27 Shares |
| Face Value | ₹10 Per Share |
| Exchange | NSE & BSE |
IPO Documents
| RHP | DRHP |
|---|---|
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Innovision Limited IPO Important Dates
The following table highlights the key dates for the Innovision Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 10 Mar 2026 |
|---|---|
| IPO Closing Date | 12 Mar 2026 |
| Allotment Finalization | 13 Mar 2026 |
| Initiation of Refunds | 16 Mar 2026 |
| Credit of Shares | 16 Mar 2026 |
| IPO Listing Date | 17 Mar 2026 |
Innovision Limited IPO Size & Structure
| Total IPO Size | ₹322.84 Crore |
|---|---|
| Offer For Sale | ₹67.84 Crore |
| Fresh Issue | ₹255.00 Crore |
Innovision IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Innovision IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹521 to ₹548 per share.
Investors can apply for the IPO with a minimum of 27 shares. Applications must be made in multiples of 27 shares.
- Retail investors can apply from 1 lot to 13 lots.
- Small HNI (SHNI) investors must apply for at least 14 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 68 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹548 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹548 | ₹14,796 |
| Retail (Max) | 13 | 351 | ₹548 | ₹192,348 |
| S-HNI (Min) | 14 | 378 | ₹548 | ₹207,144 |
| S-HNI (Max) | 67 | 1,809 | ₹548 | ₹991,332 |
| B-HNI | 68 | 1,836 | ₹548 | ₹1,006,128 |
Innovision Limited IPO GMP (Grey Market Premium)
Innovision Limited IPO GMP (Grey Market Premium) has not yet started. Investors are closely watching the unofficial market for early signals. The latest GMP, Kostak, and Subject to Sauda rates will be updated here soon.
Innovision Limited IPO Subscription Status
Innovision Limited IPO subscription will open on 10 Mar 2026 and close on 12 Mar 2026. Investors can place bids from 10:00 AM to 5:00 PM on each subscription day.
Innovision Limited IPO Allotment Status
The Innovision Limited IPO allotment status has not been announced yet. It will be declared on 13 Mar 2026. Please check back in 4 days for the allotment results.
- 🗓 Allotment Date: 13 Mar 2026
- 📈 Listing Date: 17 Mar 2026
How to Check Innovision Limited IPO Allotment Status Online?
Investors can check the Innovision Limited IPO allotment status online through KFin Technologies Limited, NSE and BSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
KFin Technologies
to know more about the IPO registrar.
Check on KFin Technologies Limited (IPO Registrar)
- Visit → KFin Technologies Limited
- Select Innovision Limited
- Enter Application No / Demat Account / PAN details
- Click Submit to view allotment status
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose Innovision Limited IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the Innovision Limited IPO allotment status.
Check on BSE (Bombay Stock Exchange) Website
- Visit → BSE Website.
- Select Issue Type: Equity.
- Choose Innovision Limited IPO.
- Enter your PAN or Application Number.
- Click on Search button.
The Bombay Stock Exchange (BSE) also allows investors to check the Innovision Limited IPO allotment status online.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for Innovision Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
About Innovision Limited
Innovision Limited was incorporated in January 2007 as SRT Innovision Services Private Limited under the Companies Act, 1956.
The company later converted into a public limited entity in 2010 and was renamed Innovision Limited in 2011. Innovision has evolved from a single-service security provider into a diversified manpower and services organisation. Innovision operates across 23 states and 5 union territories in India, delivering manpower services, toll plaza management, and skill development training. The company initially focused on manned private security services and later expanded into broader manpower solutions, skill development (from FY2014), and toll management services (from FY2019).
Its business model centers on providing outsourced workforce solutions and operational services to enterprises and infrastructure operators across sectors. Revenue is generated through service contracts and long-term operational engagements. Innovision’s key strengths include a nationwide operational footprint, diversified service portfolio, manpower deployment capabilities, and experience in managing large-scale operational projects across industries. These capabilities position the company as a scalable service provider in India’s growing manpower and infrastructure services ecosystem.
IPO Financial Summary
- Total Assets changed by 40.27% in FY 2024-2025.
- Total Revenue changed by 74.95% in FY 2024-2025.
- Profit After Tax changed by 182.57% in FY 2024-2025.
- Reserves & Surplus changed by 88.28% in FY 2024-2025.
- Total Borrowings changed by 64.17% in FY 2024-2025.
| Metric | 2025-09-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 271.66 | 220.30 | 157.05 | 108.17 |
| Total Revenue (₹ Cr) | 483.10 | 895.95 | 512.13 | 257.62 |
| Profit After Tax (₹ Cr) | 20.00 | 29.02 | 10.27 | 8.88 |
| Reserves & Surplus (₹ Cr) | 83.43 | 62.98 | 33.45 | 38.91 |
| Total Borrowings (₹ Cr) | 112.39 | 79.05 | 48.15 | 33.34 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹340.00 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Repayment or pre-payment, in part or full of all or certain borrowings availed by the Company | 51.00 | 15.00% |
| 2 | Funding working capital requirements of the Company | 119.00 | 35.00% |
| 3 | Total | 170.00 | 50.00% |
| Total | 340.00 | 100% | |
Innovision IPO Promoter Holding
| Promoter(s) | Lt Col Randeep Hundal and Uday Pal Singh |
|---|---|
| Pre-Issue Holding | 100% |
| Post-Issue Holding | 74.99% |
Innovision Limited IPO FAQs
The Innovision Limited IPO is a Mainboard Bookbuilding IPO with a total issue size of ₹322.84 crore. The issue consists of a fresh issue of ₹255.00 crore and an offer for sale of ₹67.84 crore.
The IPO will open for subscription on Tue, 10 Mar 2026 and will close on Thu, 12 Mar 2026.
The shares are being offered at a price band of ₹521 to ₹548 per equity share.
Investors can apply for the IPO with a minimum lot size of 27 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹14,796.
The shares of Innovision Limited are expected to be listed on NSE & BSE on Tue, 17 Mar 2026.
The IPO registrar of Innovision Limited is KFin Technologies Limited. KFin is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Fri, 13 Mar 2026.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Fri, 13 Mar 2026 on the registrar or exchange website.
Shares are expected to be credited by Mon, 16 Mar 2026.
Refunds for unsuccessful applicants will be initiated on Mon, 16 Mar 2026.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
Listing details for Innovision Limited are not available.
The latest share price of Innovision Limited is currently not available.
Recent price movement data for Innovision Limited is currently not available.
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