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I

Innovision

Listed MAINBOARD BSE, NSE · Road Assets–Toll, Annuity, Hybrid-Annuity

Price Band

₹494.0–519.0

Issue Size

₹319.25 Cr

Lot Size

27 shares

Min Investment

₹14,013

GMP

₹-92.0 (-17.73%)

Issue Price

₹519.0

calendar_month Important Dates

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IPO Open Date
Tue, 10 Mar 2026
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IPO Close Date
Tue, 17 Mar 2026
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Allotment Date
Wed, 18 Mar 2026
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Refund Initiation
Fri, 20 Mar 2026
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Credit of Shares
Thu, 19 Mar 2026
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Listing Date
Mon, 23 Mar 2026
Listing Price
₹427.0 -17.73%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

₹-92.0

GMP %

-17.73%

Est. Listing

₹427.0

schedule Updated: 14 Jul 2026 15:52

business About the Company

Incorporated in 2007, Innovision Limited provides manpower solutions, toll plaza management services, and skill development training to clients across India. The company has built a wide operational presence through a network of 35 offices, including its registered and corporate offices. As of September 30, 2024, Innovision Limited operated across 22 states and 3 union territories, serving clients from multiple industries nationwide. The company’s manpower services business is divided into three key segments: Manned Private Security Services Integrated Facility Management (IFM) Services Manpower Sourcing and Payroll Services As of September 30, 2024, the company served more than 200 clients and delivered services at over 1,300 client locations across India. Its client base includes companies such as Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics. In addition to its service offerings, Innovision Limited provides physical and classroom-based training to security personnel through its training centre located at Turkiawas, Rewari, Haryana, in accordance with the applicable private security training regulations. The company is supported by an in-house team of more than 95 professionals along with an extensive database of staffing candidates, enabling it to efficiently serve client manpower requirements across regions.

payments Company Financials (₹ Cr)

As of 2025-09-30

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

Key Ratios

EPS

₹15.36

NAV

₹43.32

ROE

35.45%

ROCE

40.77%

RoNW

35.45%

P/B Value

11.98

P/E Ratio

33.8

Market Cap

₹1235.91 Cr

PAT Margin

3.25%

Debt/Equity

0.97

Promoters

Randeep Hundal and Uday Pal Singh

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 39.80 4 Issue Expenses 56.57 Total 266.37

info Issue Details

Issue Type MAINBOARD Book Built
Issue Size ₹319.25 Cr
Price Band ₹494.0 – ₹519.0
Issue Price ₹519.0
Lot Size 27 shares
Min Investment ₹14,013
Exchange BSE, NSE
Sector Road Assets–Toll, Annuity, Hybrid-Annuity
Open Date 10 Mar 2026
Close Date 17 Mar 2026
Allotment 18 Mar 2026
Listing Date 23 Mar 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Kfin Technologies Ltd.

Lead Managers / Book Running

account_balance Emkay Global Financial Services Ltd.

timeline IPO Timeline

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Open

10 Mar 2026

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Close

17 Mar 2026

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Allotment

18 Mar 2026

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Listing

23 Mar 2026

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