INNOVISION LIMITED
₹ 494 - ₹ 519
10-Mar-2026 - 17-Mar-2026
₹ 14013.00

/ 27 Shares

INNOVISION LIMITED

10-Mar-2026 - 17-Mar-2026

₹ 494 - ₹ 519

Price Band

₹ 14013.00

Minimum Investment

27

Bid Lot

5,891,285

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 141,827 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Fresh Issue of Equity Shares aggregating up to Rs. 255 Cr and Offer for Sale of 12,38,000 Equity Shares

Category % Shares/Amount
QIB 1% 58,913 Shares RS.3.23 CR
HNI 1 10% 667,679 Shares RS.36.59 CR @ 1766 FORM 1X
HNI 2 24% 1,335,357 Shares RS.73.18 CR @ 3533 FORM 1X
Retail 65% 3,829,336 Shares RS.207.67 CR @ 141827 FORM 1X

BRLMs: Emkay Global Financial Services

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
141827 FORM 1X 1766 FORM 1X 3533 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 27 ₹ 14,013
Retail (Upto 2 Lakh) 14 378 ₹ 196,182
S-HNI (2 Lakh to 10 Lakh) 15 405 ₹ 210,195
S-HNI (2 Lakh to 10 Lakh) 71 1917 ₹ 994,923
B-HNI (Above 10 Lakh) 72 1944 ₹ 1,008,936

IPO Timeline

  • Open Date

    10-Mar-2026

  • Close Date

    17-Mar-2026

  • Basis of Allotment Date

    18-Mar-2026

  • Initiation of Refunds

    19-Mar-2026

  • Credit Shares to Demat A/c

    19-Mar-2026

  • IPO Listing Date

    20-Mar-2026

Subscription as on
17-Mar-2026 17:38

Category Book Size Subscription No. of Times
QIB 23,566 ₹ 1.22 Cr. 879,849 ₹ 45.66 Cr. 37.34x
HNI (<10 LAKH) 667,679 ₹ 34.65 Cr. 3,637,818 ₹ 188.80 Cr. 5.45x
HNI2 (>10 LAKH) 1,335,357 ₹ 69.31 Cr. 14,344,452 ₹ 744.48 Cr. 10.74x
RETAIL 3,829,336 ₹ 198.74 Cr. 2,408,400 ₹ 125.00 Cr. 0.63x
Total 5,855,938 21,270,519 3.63x
Category Book Size Subscription No. of Times
QIB 23,566 ₹ 1.22 Cr. 879,849 ₹ 45.66 Cr. 37.34x
HNI (<10 LAKH) 667,679 ₹ 34.65 Cr. 3,637,818 ₹ 188.80 Cr. 5.45x
HNI2 (>10 LAKH) 1,335,357 ₹ 69.31 Cr. 14,344,452 ₹ 744.48 Cr. 10.74x
RETAIL 3,829,336 ₹ 198.74 Cr. 2,408,400 ₹ 125.00 Cr. 0.63x
Total 5,855,938 21,270,519 3.63x

*Excluding Anchor

Total No. of Application Approx : ~70537 (0.50 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 8951.99 1766 (For 1x) 5.07x
HNIAT 6962.86 3533 (For 1x) 1.97x
RETAIL 68071.00 141827 (For 1x) 0.48x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • q  Incorporated in January 2007, Innovision Ltd (“Innovision”) provides manpower services, toll plaza management, and skill development training to its clients across India. As of January 15, 2026, they operate in 23 states and 5 union territories of India.
  • q  Their business of Manpower Services focuses on providing Manned Private Security Services, Integrated Facility Management (“IFM”) Services, Manpower Sourcing and Payroll Services.
  • q  Their Toll Plaza management operations comprise user fee collection and other related services at toll plazas awarded to them by the relevant authority, following a tender-based competitive bidding process. Furthermore, they are also empanelled with NHAI for toll collection services at its various toll plazas.
  • q  In addition, they also provide Skill Development Training as a training partner for various Central and State Government schemes.
  • q  Through their wholly owned subsidiary, Innovision International Pvt Ltd (“Innovision International”), they provide services in respect of recruitment, placement consultancy and visa facilitation services.
  • q  The company, through its subsidiary Aerodrone Robotics, provides a remote pilot training course for drones. Presently, Aerodrone Robotics has 4 DGCA-certified remote pilot instructors (small category) and 1 DGCA-certified remote Pilot instructor (Medium Category) to train the candidates.
  • q  Aerodrone Robotics, being a licensed, authorised Remote Pilot Training Organisation, possesses 3 small-category drones, and all 3 drones are owned by Aerodrone Robotics.
  • q  As of January 15, 2026, Innovision is licensed to provide manned private security services across 19 States and 4 Union Territories in India.
Read More

Strengths

Competitive Strength 

  • 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

Business Strategies 

Company Promoters

Company Financials

Company Financials (Restated Consolidated)

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

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (? Cr.)
1 Repayment or pre-payment, in part or full of all or certain borrowings availed by the Company 51.00
2 Funding working capital requirements of the Company 119.00
3 General Corporate Purposes  
  Total 170.00

How to Apply

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  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

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Frequently Asked Questions

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