Innovision IPO: GMP, Date, Price Band ₹494 – ₹519 & Allotment 2026

By /
Innovision IPO
IN
Innovision Limited IPO
Manpower Services · Toll Plaza Management · Skill Development
📋 Mainboard IPO BSE & NSE
₹519
Issue Price
₹319.25 Cr
Issue Size
Mar 20, 2026
Listing Date
₹1,290.72 Cr
Market Cap (Pre-IPO)
📅 IPO Timetable
All dates tentative
🔓
IPO Opens
Tuesday, 10 March 2026
Bidding starts — apply before close
🔒
IPO Closes
Tuesday, 17 March 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Wednesday, 18 March 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Monday, 19 March 2026
Unallotted funds returned; shares credited to demat
🏷️
Listing on BSE & NSE
Friday, 20 March 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date10 March 2026 (Tue)
IPO Close Date17 March 2026 (Tue)
Listing Date20 March 2026 (Tue)
Face Value₹10 per share
Price Band₹494 to ₹519
Issue Price (Upper Band)₹519 per share
Issue TypeBook Build — Fresh + OFS
Lot Size27 shares
Total Issue Size58,91,284 shares (₹319.25 Cr)
Fresh Issue46,53,284 shares (₹255.00 Cr)
Offer for Sale (OFS)12,38,000 shares (₹67.84 Cr)
Pre-Issue Shares1,89,00,000
Post-Issue Shares2,35,53,284
Promoter Holding (Pre)100%
Promoter Holding (Post)74.99%
Market Cap (Pre-IPO)₹1,290.72 Cr
Listing ExchangeBSE & NSE
Lead ManagerEmkay Global Financial Services Ltd.
RegistrarKFin Technologies Ltd.
Offices & Presence35 offices, 23 states & 5 UTs
💰 Lot Size & Minimum Investment
At issue price ₹519
Investor TypeLotsSharesAmount
Retail — Minimum127₹14,796
Retail — Maximum13351₹1,92,348
S-HNI (sNII) — Min14378₹2,07,144
S-HNI (sNII) — Max671,809₹9,91,332
B-HNI (bNII) — Min681,836₹10,06,128
👥 Investor Reservation
SEBI mandated allocation
≥65%
Retail (RII)
Min 1 lot · 27 shares
Max 13 lots
≥34%
NII / HNI
sNII: 14–67 lots
bNII: 68+ lots
≤1%
QIB
Mutual funds, FIIs
Banks, insurance cos
💡 Note: At least 65% is reserved for retail investors. If oversubscribed, allotment is by lottery — each applicant gets at most 1 lot (27 shares at ₹14,796).
📈 Company Financials
Restated Consolidated · ₹ Crore
MetricSep 2025 (H1)FY 2024–25FY 2023–24FY 2022–23
Total Assets271.66220.30157.05108.17
Total Income483.10895.95512.13257.62
PAT20.0029.0210.278.88
EBITDA30.4251.7519.6616.36
Net Worth102.3381.8852.3540.26
Reserves & Surplus83.4362.9833.4538.91
Total Borrowings112.3979.0548.1533.34
Revenue Growth
FY 2022–23₹257.62 Cr
FY 2023–24₹512.13 Cr
FY 2024–25₹895.95 Cr
Sep 2025 (H1 FY26)₹483.10 Cr
🎯 Key Performance Indicators
35.45%
ROE
FY 2024–25
40.77%
ROCE
FY 2024–25
3.25%
PAT Margin
FY 2024–25
5.79%
EBITDA Margin
FY 2024–25
19.55%
ROE (H1 FY26)
Sep 30, 2025
18.19%
ROCE (H1 FY26)
Sep 30, 2025
1.10x
Debt/Equity
Sep 30, 2025
12.65x
Price to Book
At ₹519
⚖️ Valuation & EPS
Pre-IPO EPS
₹15.36
FY25 earnings + pre-issue shares
P/E: 35.69x
Post-IPO EPS
₹16.99
Annualised H1 FY26 + post-issue shares
P/E: 32.26x
Price to Book Value
12.65x
At issue price ₹519
Market Cap (Pre-IPO)
₹1,290.72 Cr
At issue price ₹519
ℹ️ Pre-IPO EPS uses pre-issue shares (1,89,00,000) and FY25 earnings. Post-IPO EPS uses post-issue shares (2,35,53,284) and annualised H1 FY26 earnings. Indicative figures from the RHP.
🎯 Objects of the Issue
Net proceeds utilisation
1
Repayment or pre-payment, in part or full, of certain borrowings availed by the Company
₹51.00 Cr
2
Funding working capital requirements of the Company
₹119.00 Cr
3
General corporate purposes (balance of net proceeds)
Balance
Total (items 1 & 2) ₹170.00 Cr
🏢 About Innovision Limited
Est. 2007 · Pan-India

Incorporated in 2007, Innovision Limited is a diversified manpower and facility services company operating across 23 states and 5 union territories of India, with 35 offices nationwide and over 180 clients across 1,000+ premises.

Its core segments are Manned Private Security Services, Integrated Facility Management (IFM), and Manpower Sourcing & Payroll. The company also manages toll plazas and runs skill development training at its centre in Turkiawas, Rewari, Haryana.

Competitive Strengths
🗺️Wide geographical reach — 23 states & 5 UTs with 35 offices across India
🧩Diverse portfolio of manpower services across security, IFM, payroll & toll management
⚙️Established systems and scalable processes enabling rapid growth
🤝Experienced management team with deep domain knowledge of labour regulations
🏆Key clients include Max Healthcare, Stellar Value Chain, and Sequel Logistics
Company Promoters
RH
Lt. Col. Randeep Hundal
Promoter, Innovision Limited
UP
Mr. Uday Pal Singh
Promoter, Innovision Limited
📅 Key Dates
IPO Opens10 Mar 2026
IPO Closes17 Mar 2026
Allotment18 Mar 2026
Refund & Credit19 Mar 2026
Listing Day20 Mar 2026
💡 Quick Summary
Price Band₹494 – ₹519
Issue Price₹519 / share
Lot Size27 shares
Min. Investment₹14,796
Issue Size₹319.25 Cr
Fresh Issue₹255.00 Cr
OFS₹67.84 Cr
ListingBSE & NSE
🏦 Registrar & Lead Manager
Registrar
KFin Technologies Ltd.
📞 04067162222 / 04079611000
innovision.ipo@kfintech.com
Lead Manager
Emkay Global Financial Services Ltd.
📍 Company Address
Innovision Limited
1/209, First Floor, Sadar Bazar,
Delhi Cantt, New Delhi – 110010
📞 +91-011-208-9790
cs@innovision.co.in
🛡️ Regulatory Note: IPO investments are subject to SEBI regulations. Always read the RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the Innovision IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📊
Track Innovision IPO: GMP, Date, Price Band ₹494 – ₹519 & Allotment 2026 GMP
Check real-time grey market premium, daily GMP history & estimated listing price.
Check GMP →

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top